CONSOLIDATED STATEMENTS OF INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Interest income:
Loans	$ 164,106	$ 131,030	$ 486,379	$ 384,811
Investments	2,917	5,826	6,121	17,450
Cash and cash equivalents	1,180	837	3,145	2,608
Total interest income	168,203	137,693	495,645	404,869
Interest expense:
Deposits	24,177	20,849	67,801	64,857
Other interest expense	0	61	41	110
Total interest expense	24,177	20,910	67,842	64,967
Net interest income	144,026	116,783	427,803	339,902
Less: provisions for loan losses	14,898	20,404	55,071	40,081
Net interest income after provisions for loan losses	129,128	96,379	372,732	299,821
Non interest income:
Gains on sales of loans, net	85,147	43,434	120,963	192,097
Gains (losses) on derivatives and hedging activities, net	5,401	297	(4,821)	855
Other	5,461	9,416	28,826	25,880
Total noninterest income	96,009	53,147	144,968	218,832
Expenses:
Compensation and benefits	31,597	26,031	92,931	82,616
Other operating expenses	40,482	42,509	103,226	113,111
Total operating expenses	72,079	68,540	196,157	195,727
Acquired intangible asset impairment and amortization expense	1,150	1,657	4,145	3,085
Restructuring and other reorganization expenses	14,079	0	27,828	107
Total expenses	87,308	70,197	228,130	198,919
Income before income tax expense	137,829	79,329	289,570	319,734
Income tax expense	54,903	30,272	115,502	122,011
Net income	82,926	49,057	174,068	197,723
Less: net loss attributable to noncontrolling interest	0	(333)	(434)	(1,020)
Net income attributable to SLM Corporation	82,926	49,390	174,502	198,743
Preferred stock dividends	4,850	0	8,078	0
Net income attributable to SLM Corporation common stock	$ 78,076	$ 49,390	$ 166,424	$ 198,743
Basic earnings per common share attributable to SLM Corporation (in dollars per share)	$ 0.18	$ 0.11	$ 0.39	$ 0.45
Average common shares outstanding (in shares)	423,079	436,109	424,187	442,208
Diluted earnings per common share attributable to SLM Corporation (in dollars per share)	$ 0.18	$ 0.11	$ 0.38	$ 0.44
Average common and common equivalent shares outstanding (in shares)	431,604	444,939	432,324	450,437