X0306 4 2017-05-01 0001032033 SLM CORP SLM 0001633230 Boyles Jonathan 300 CONTINENTAL DRIVE NEWARK DE 19713 1 SVP & Controller Common Stock 2017-05-01 4 F 0 1835 12.75 D 163413 D On May 1, 2014, the reporting person was granted restricted stock units ("RSUs") representing rights to receive shares of common stock of SLM Corporation (the "Company"), subject to vesting conditions, to vest in one-third increments on May 1, 2015, 2016 and 2017. On May 1, 2017, 5,543 shares vested in connection with these RSUs, of which 1,835 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations. The total number of shares of Common Stock is adjusted to correct for a prior administrative error with respect to the number of shares of Common Stock reported to be held by the reporting person. /s/ Nicolas Jafarieh (POA) for Jonathan R. Boyles 2017-05-03