X0202 3 2008-01-31 0 0001032033 SLM CORP SLM 0001425909 LAVIN JACK A 12061 BLUEMONT WAY RESTON VA 20190 0 1 0 0 Senior Vice President Common Stock 19832 D Stock Option (Right to Buy) 41.1900 2005-08-16 2014-09-16 Common Stock 20000.0000 D Stock Option (Right to Buy) 55.8200 2016-01-26 Common Stock 6500.0000 D Stock Option (Right to Buy) 45.4100 2008-01-25 2017-01-25 Common Stock 20000.0000 D Stock Option (Right to Buy) 21.5000 2018-01-31 Common Stock 200000.0000 D These options become exercisable upon the Company's common stock having a closing price on the New York Stock Exchange of $66.98, for five trading days, they also become exercisable on the eighth anniversary of the grant (January 26, 2014), but no sooner than one year from the grant date. Fifty percent of these options become exercisable upon the Company's common stock having a closing price on the New York Stock Exchange of $25.80, for five trading days, but no sooner than January 31, 2009; 50 percent of these options become exercisable upon the Company's common stock having a closing price on the New York Stock Exchange of $30.10, for five trading days, but no sooner than January 31, 2010; they also become exercisable on the eight anniversary of the grant (January 31, 2016). Exhibit 24 - Power of Attorney By: Mary F. Eure (POA) 2008-02-07