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Selected Quarterly Financial Information (unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]                      
Net interest income $ 419,101 $ 405,065 $ 396,868 $ 402,281 $ 382,867 $ 356,633 $ 340,950 $ 332,614 $ 1,623,315 $ 1,413,064 $ 1,129,221
Less: provisions for credit losses 97,558 99,526 93,375 63,790 57,619 70,047 63,267 53,931 354,249 244,864 185,765
Net interest income after provisions for credit losses 321,543 305,539 303,493 338,491 325,248 286,586 277,683 278,683 1,269,066 1,168,200 943,456
Gains on sales of loans, net         0 0 2,060 0      
Losses on sales of securities, net         0 0 (1,549) 0 0 (1,549) 0
Gains (losses) on derivative and hedging activities, net (3,635) 1,961 16,736 2,763 6,238 (4,949) (5,268) 3,892      
Other income (loss) (211) 15,280 2,655 13,378 6,446 (80,702) 12,295 9,642 31,102 (52,319) 5,364
Total non-interest expenses 141,679 153,621 138,806 140,147 145,971 150,724 135,315 124,966      
Income tax benefit 34,666 40,701 33,801 56,296 44,449 (53,667) 40,074 40,997 165,464 71,853 202,531
Net income 141,352 128,458 150,277 158,189 147,512 103,878 109,832 126,254 578,276 487,476 288,934
Preferred stock dividends 3,885 4,153 4,331 4,468 4,199 4,124 3,920 3,397 16,837 15,640 15,714
Net income attributable to SLM Corporation common stock $ 137,467 $ 124,305 $ 145,946 $ 153,721 $ 143,313 $ 99,754 $ 105,912 $ 122,857 $ 561,439 $ 471,836 $ 273,220
Basic earnings per common share attributable to SLM Corporation (in usd per share) $ 0.33 $ 0.29 $ 0.34 $ 0.35 $ 0.33 $ 0.23 $ 0.24 $ 0.28 $ 1.31 $ 1.08 $ 0.63
Diluted earnings per common share attributable to SLM Corporation (in usd per share) 0.32 0.29 0.34 0.35 $ 0.33 $ 0.23 $ 0.24 $ 0.28 1.30 1.07 0.62
Declared dividends per common share attributable to SLM Corporation (in usd per share) $ 0.03 $ 0 $ 0.06 $ 0.03         $ 0.12 $ 0 $ 0