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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) - USD ($)
Total
Series A Preferred Stock
Series B Preferred Stock
Navient's subsidiary investment
Preferred Stock
Common Stock
Treasury Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Retained Earnings
Series A Preferred Stock
Retained Earnings
Series B Preferred Stock
Total SLM Corporation Equity
Total SLM Corporation Equity
Series A Preferred Stock
Total SLM Corporation Equity
Series B Preferred Stock
Non-controlling interest
Beginning Balance (in shares) at Dec. 31, 2013         0 0 0                  
Beginning Balance, shares issued (in shares) at Dec. 31, 2013           0                    
Beginning Balance at Dec. 31, 2013 $ 1,166,143,000     $ 1,164,495,000 $ 0 $ 0 $ 0 $ 0 $ (3,024,000) $ 0     $ 1,161,471,000     $ 4,672,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income (loss) 174,068,000     68,173,000           106,329,000     174,502,000     (434,000)
Other comprehensive income (loss), net of tax 1,172,000               1,172,000       1,172,000      
Comprehensive income 175,240,000                       175,674,000     (434,000)
Net transfers (to) from affiliate 479,409,000     479,409,000                 479,409,000      
Separation adjustments related to Spin-Off of Navient Corporation (in shares)         7,300,000 422,790,320                    
Separation adjustments related to Spin-Off of Navient Corporation 0     (1,712,077,000) $ 565,000,000 $ 84,558,000   1,062,519,000                
Sale of non-controlling interest (4,238,000)                             (4,238,000)
Cash dividends:                                
Cash dividends, preferred stock   $ (4,792,000) $ (3,286,000)               $ (4,792,000) $ (3,286,000)   $ (4,792,000) $ (3,286,000)  
Dividend equivalent units related to employee stock-based compensation plans $ 0             41,000   (41,000)            
Issuance of common shares (in shares) 1,089,716         1,089,716                    
Issuance of common shares $ 4,610,000         $ 219,000   4,391,000         4,610,000      
Stock-based compensation expense 11,550,000             11,550,000         11,550,000      
Shares repurchased related to employee stock-based compensation plans (in shares)           (715,393) (715,393)                  
Shares repurchased related to employee stock-based compensation plans (6,208,000)           $ (6,208,000)           (6,208,000)      
Ending Balance (in shares) at Sep. 30, 2014         7,300,000 423,164,643 (715,393)                  
Ending Balance, shares issued (in shares) at Sep. 30, 2014           423,880,036                    
Ending Balance at Sep. 30, 2014 1,818,428,000     $ 0 $ 565,000,000 $ 84,777,000 $ (6,208,000) 1,078,501,000 (1,852,000) 98,210,000     1,818,428,000     $ 0
Beginning Balance (in shares) at Dec. 31, 2014         7,300,000 423,438,848 (1,365,277)                  
Beginning Balance, shares issued (in shares) at Dec. 31, 2014           424,804,125                    
Beginning Balance at Dec. 31, 2014 1,829,958,000       $ 565,000,000 $ 84,961,000 $ (12,187,000) 1,090,511,000 (11,393,000) 113,066,000     1,829,958,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income (loss) 184,439,000                 184,439,000     184,439,000      
Other comprehensive income (loss), net of tax (12,122,000)               (12,122,000)       (12,122,000)      
Comprehensive income 172,317,000                       172,317,000      
Net transfers (to) from affiliate $ 0                              
Cash dividends:                                
Cash dividends, preferred stock                     $ (8,625,000) $ (5,981,000)   $ (8,625,000) $ (5,981,000)  
Dividend equivalent units related to employee stock-based compensation plans               1,138,000   (1,138,000)     0      
Issuance of common shares (in shares) 5,569,853         5,569,853                    
Issuance of common shares           $ 1,114,000   14,329,000         15,443,000      
Tax benefit related to employee stock-based compensation               6,093,000         6,093,000      
Stock-based compensation expense               16,423,000         16,423,000      
Shares repurchased related to employee stock-based compensation plans (in shares)           (2,900,266) (2,900,266)                  
Shares repurchased related to employee stock-based compensation plans             $ (28,294,000)           (28,294,000)      
Ending Balance (in shares) at Sep. 30, 2015         7,300,000 426,108,435 (4,265,543)                  
Ending Balance, shares issued (in shares) at Sep. 30, 2015           430,373,978                    
Ending Balance at Sep. 30, 2015 $ 1,997,334,000       $ 565,000,000 $ 86,075,000 $ (40,481,000) $ 1,128,494,000 $ (23,515,000) $ 281,761,000     $ 1,997,334,000