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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating activities    
Net income $ 47,699us-gaap_ProfitLoss $ 47,014us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash used in operating activities:    
Provision for loan losses 16,618us-gaap_ProvisionForDoubtfulAccounts 39,159us-gaap_ProvisionForDoubtfulAccounts
Tax provision 31,722us-gaap_DeferredIncomeTaxExpenseBenefit 28,658us-gaap_DeferredIncomeTaxExpenseBenefit
Amortization of brokered deposit placement fee 2,695slm_Amortizationofbrokereddepositplacement 2,750slm_Amortizationofbrokereddepositplacement
Amortization of deferred loan origination costs and fees, net 641us-gaap_AmortizationOfDeferredLoanOriginationFeesNet 298us-gaap_AmortizationOfDeferredLoanOriginationFeesNet
Net amortization of discount on investments 324us-gaap_AccretionOfDiscount 88us-gaap_AccretionOfDiscount
Depreciation of premises and equipment 1,659us-gaap_Depreciation 1,182us-gaap_Depreciation
Amortization and impairment of acquired intangibles 370us-gaap_AmortizationOfIntangibleAssets 1,767us-gaap_AmortizationOfIntangibleAssets
Stock-based compensation expense 6,140us-gaap_ShareBasedCompensation 7,248us-gaap_ShareBasedCompensation
Unrealized (gains)/losses on derivative and hedging activities, net (2,417)us-gaap_UnrealizedGainLossOnDerivatives 1,107us-gaap_UnrealizedGainLossOnDerivatives
Gains on sale of loans, net 0us-gaap_LoansAndLeasesReceivableGainLossOnSalesNet (33,888)us-gaap_LoansAndLeasesReceivableGainLossOnSalesNet
Changes in operating assets and liabilities:    
Net decrease in loans held for sale 55slm_NetIncreaseDecreaseinLoansHeldforSale 5,426slm_NetIncreaseDecreaseinLoansHeldforSale
Origination of loans held for sale (55)slm_Originationofloansheldforsale (5,426)slm_Originationofloansheldforsale
Increase in accrued interest receivable (121,815)us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet (76,069)us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet
Decrease (increase) in other interest-earning assets 14,900us-gaap_PaymentsForProceedsFromOtherInterestEarningAssets (21,257)us-gaap_PaymentsForProceedsFromOtherInterestEarningAssets
Decrease in tax indemnification receivable 13,154us-gaap_IncreaseDecreaseInIncomeTaxesReceivable 0us-gaap_IncreaseDecreaseInIncomeTaxesReceivable
(Increase) decrease in other assets (2,079)us-gaap_IncreaseDecreaseInOtherOperatingAssets 3,999us-gaap_IncreaseDecreaseInOtherOperatingAssets
Decrease in income tax payable, net (23,049)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable (122,829)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Increase in accrued interest payable 6,541us-gaap_IncreaseDecreaseInInterestPayableNet 3,907us-gaap_IncreaseDecreaseInInterestPayableNet
Decrease in payable due to entity that is a subsidiary of Navient (1,655)us-gaap_IncreaseDecreaseInDueToRelatedParties 0us-gaap_IncreaseDecreaseInDueToRelatedParties
(Decrease) increase in other liabilities (10,629)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (1,381)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Total adjustments (66,880)us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities (165,261)us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
Total net cash used in operating activities (19,181)us-gaap_NetCashProvidedByUsedInOperatingActivities (118,247)us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing activities    
Loans acquired and originated (1,663,149)slm_StudentLoansacquiredandoriginated (1,524,455)slm_StudentLoansacquiredandoriginated
Net proceeds from sales of loans held for investment 6,387slm_Netproceedsfromsalesofstudentloansheldforinvestment 679,023slm_Netproceedsfromsalesofstudentloansheldforinvestment
Proceeds from claim payments 46,442slm_ProceedsfromClaimpayments 27,303slm_ProceedsfromClaimpayments
Net decrease in loans held for investment 243,990slm_Netincreasedecreaseinloansheldforinvestment 183,590slm_Netincreasedecreaseinloansheldforinvestment
Purchases of available-for-sale securities (8,178)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (25,190)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
Proceeds from sales and maturities of available-for-sale securities 6,630us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities 1,510us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
Total net cash used in investing activities (1,367,878)us-gaap_NetCashProvidedByUsedInInvestingActivities (658,219)us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing activities    
Net decrease in certificates of deposit (74,457)slm_Netincreasedecreaseinbrokeredcertificatesofdeposit (324,487)slm_Netincreasedecreaseinbrokeredcertificatesofdeposit
Net (decrease) increase in other deposits (22,415)slm_NetincreaseinNOWaccountdeposits 135,628slm_NetincreaseinNOWaccountdeposits
Net decrease in deposits with entity that is a subsidiary of Navient 0slm_NetIncreaseDecreaseinDepositswithRelatedParties (3,631)slm_NetIncreaseDecreaseinDepositswithRelatedParties
Net capital contributions from entity that is a subsidiary of Navient 0slm_Capitalcontributionstofromrelatedparty 21,230slm_Capitalcontributionstofromrelatedparty
Excess tax benefit from the exercise of stock-based awards 4,596us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 0us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Preferred stock dividends paid (4,823)us-gaap_PaymentsOfDividends 0us-gaap_PaymentsOfDividends
Net cash provided by financing activities (97,099)us-gaap_NetCashProvidedByUsedInFinancingActivities (171,260)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net decrease in cash and cash equivalents (1,484,158)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (947,726)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 2,359,780us-gaap_CashAndCashEquivalentsAtCarryingValue 2,182,865us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 875,622us-gaap_CashAndCashEquivalentsAtCarryingValue 1,235,139us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash disbursements made for:    
Interest 25,368us-gaap_InterestPaid 16,180us-gaap_InterestPaid
Income taxes paid $ 17,811us-gaap_IncomeTaxesPaid $ 99,267us-gaap_IncomeTaxesPaid