CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Interest income:
Loans	$ 205,274	$ 164,106	$ 598,417	$ 486,379
Investments	2,640	2,917	7,746	6,121
Cash and cash equivalents	987	1,180	2,568	3,145
Total interest income	208,901	168,203	608,731	495,645
Interest expense:
Deposits	29,110	24,177	86,961	67,842
Interest expense on short-term borrowings	1,951	0	4,719	0
Interest expense on long-term borrowings	2,398	0	2,398	0
Total interest expense	33,459	24,177	94,078	67,842
Net interest income	175,442	144,026	514,653	427,803
Less: provisions for loan losses	27,497	14,898	59,673	55,071
Net interest income after provisions for loan losses	147,945	129,128	454,980	372,732
Noninterest income:
Gains on sales of loans, net	0	85,147	76,874	120,963
(Losses) gains on derivatives and hedging activities, net	(547)	5,401	4,347	(4,821)
Other	10,455	5,461	29,374	28,826
Total noninterest income	9,908	96,009	110,595	144,968
Expenses:
Compensation and benefits	39,304	31,597	119,079	92,931
Other operating expenses	53,560	40,482	144,771	103,226
Total operating expenses	92,864	72,079	263,850	196,157
Acquired intangible asset amortization expense	370	1,150	1,110	4,145
Restructuring and other reorganization expenses	910	14,079	6,311	27,828
Total expenses	94,144	87,308	271,271	228,130
Income before income tax expense	63,709	137,829	294,304	289,570
Income tax expense	17,985	54,903	109,865	115,502
Net income	45,724	82,926	184,439	174,068
Less: net loss attributable to noncontrolling interest	0	0	0	(434)
Net income attributable to SLM Corporation	45,724	82,926	184,439	174,502
Preferred stock dividends	4,913	4,850	14,606	8,078
Net income attributable to SLM Corporation common stock	$ 40,811	$ 78,076	$ 169,833	$ 166,424
Basic earnings per common share attributable to SLM Corporation (in dollars per share)	$ 0.10	$ 0.18	$ 0.40	$ 0.39
Average common shares outstanding (in shares)	426,019	423,079	425,384	424,187
Diluted earnings per common share attributable to SLM Corporation (in dollars per share)	$ 0.09	$ 0.18	$ 0.39	$ 0.38
Average common and common equivalent shares outstanding (in shares)	432,547	431,604	432,531	432,324