X0306 4 2017-03-03 0001032033 SLM CORP SLM 0001668177 Thome Paul F 300 CONTINENTAL DRIVE NEWARK DE 19713 1 EVP & Chief Admin Officer Common Stock 2017-03-03 4 S 0 400 12.00 D 202707 D Common Stock 2017-03-06 4 S 0 16673 11.76 D 186034 D Common Stock 2017-03-07 4 S 0 2120 11.80 D 183914 D Common Stock 40846.836 I 401(k) Savings Plan Common Stock 23847.021 I Supplemental 401(k) Savings Plan The price in Column 4 is a weighted average price. The prices actually received ranged from $11.67 to $11.80. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of units sold at each price within the range. Represents the number of units held in a unitized stock fund in the Sallie Mae 401(k) Savings Plan and the Sallie Mae Supplemental 401(k) Savings Plan as of February 24, 2017. /s/ Nicolas Jafarieh (POA) for Paul F. Thome 2017-03-07