X0306 4 2018-06-06 0001032033 SLM CORP SLM 0001607121 McGarry Steven 300 CONTINENTAL DRIVE NEWARK DE 19713 1 EVP & Chief Financial Officer Common Stock 2018-06-06 4 S 0 95584 11.882 D 243334 D Common Stock 2141.996 I 401(k) Savings Plan The price in Column 4 is a weighted average price. The prices actually received ranged from $11.85 to $11.905. 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 as of May 31, 2018. /s/ Nicolas Jafarieh (POA) for Steven J. McGarry 2018-06-08