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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2010
Assets    
FFELP Loans (net of allowance for losses of $189,024 and $188,858, respectively) $ 142,634,378 $ 148,649,400
Private Education Loans (net of allowance for losses of $2,042,603 and $2,021,580, respectively) 35,753,327 35,655,724
Investments    
Available-for- sale 82,647 83,048
Other 1,056,762 873,376
Total investments 1,139,409 956,424
Cash and cash equivalents 4,144,734 4,342,327
Restricted cash and investments 6,074,901 6,254,493
Goodwill and acquired intangible assets, net 479,917 478,409
Other assets 10,129,933 8,970,272
Total assets 200,356,599 205,307,049
Liabilities    
Short-term borrowings 30,765,693 33,615,856
Long-term borrowings 160,765,277 163,543,504
Other liabilities 3,814,390 3,136,111
Total liabilities 195,345,360 200,295,471
Commitments and contingencies    
Preferred stock, par value $.20 per share, 20,000 shares authorized:    
Common stock, par value $.20 per share, 1,125,000 shares authorized: 528,623 and 595,263 shares issued, respectively 105,725 119,053
Additional paid-in capital 4,114,266 5,939,838
Accumulated other comprehensive loss (net of tax benefit of $17,079 and $25,758, respectively) (29,636) (44,664)
Retained earnings 417,702 308,839
Total SLM Corporation stockholders' equity before treasury stock 5,173,057 6,888,066
Common stock held in treasury at cost: 10,474 and 68,320 shares, respectively (170,496) (1,876,488)
Total SLM Corporation stockholders' equity 5,002,561 5,011,578
Noncontrolling interest 8,678 0
Total equity 5,011,239 5,011,578
Total liabilities and equity 200,356,599 205,307,049
Preferred stock [Member]
   
Preferred stock, par value $.20 per share, 20,000 shares authorized:    
Total equity 565,000 565,000
Series A Preferred Stock [Member]
   
Preferred stock, par value $.20 per share, 20,000 shares authorized:    
Preferred stock 165,000 165,000
Preferred stock 165,000 165,000
Series B Preferred Stock [Member]
   
Preferred stock, par value $.20 per share, 20,000 shares authorized:    
Preferred stock 400,000 400,000
Preferred stock $ 400,000 $ 400,000