CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Assets
Cash and cash equivalents	$ 4,241,265,000	$ 4,700,366,000
Investments:
Trading investments at fair value (cost of $37,606 and $41,715, respectively)	49,250,000	53,262,000
Available-for-sale investments	1,758,070,000	1,933,226,000
Other investments	115,394,000	112,377,000
Total investments	1,922,714,000	2,098,865,000
Loans held for investment (net of allowance for losses of $1,430,318 and $1,435,920, respectively)	20,332,124,000	20,902,158,000
Loans held for sale	933,256,000	0
Restricted cash	177,263,000	173,894,000
Other interest-earning assets	120,000	4,880,000
Accrued interest receivable	1,562,811,000	1,546,590,000
Premises and equipment, net	122,193,000	119,354,000
Goodwill and acquired intangible assets, net	59,974,000	63,532,000
Income taxes receivable, net	347,260,000	425,625,000
Other assets	47,315,000	36,846,000
Total assets	29,746,295,000	30,072,110,000
Liabilities
Deposits	21,060,151,000	21,068,568,000
Short-term borrowings	498,415,000	0
Long-term borrowings	5,362,494,000	6,440,345,000
Other liabilities	373,877,000	403,277,000
Total liabilities	27,294,937,000	27,912,190,000
Commitments and contingencies
Equity
Series B: 2.5 million and 2.5 million shares issued, respectively, at stated value of $100 per share	251,070,000	251,070,000
Common stock, par value $0.20 per share, 1.125 billion shares authorized: 443.2 million and 440.6 million shares issued, respectively	88,650,000	88,121,000
Additional paid-in capital	1,240,250,000	1,193,753,000
Accumulated other comprehensive loss (net of tax benefit of $(13,446) and $(21,209), respectively)	(40,128,000)	(65,861,000)
Retained earnings	4,734,313,000	4,114,446,000
Total SLM Corporation stockholders’ equity before treasury stock	6,274,155,000	5,581,529,000
Less: Common stock held in treasury at cost: 244.0 million and 230.2 million shares, respectively	(3,822,797,000)	(3,421,609,000)
Total equity	2,451,358,000	2,159,920,000
Total liabilities and equity	$ 29,746,295,000	$ 30,072,110,000