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Stock-Based Compensation Plans and Arrangements - Additional Information (Details)
12 Months Ended
Dec. 31, 2019
USD ($)
compensation_plan
shares
Dec. 31, 2018
USD ($)
shares
Dec. 31, 2017
USD ($)
shares
Jun. 25, 2014
shares
May 24, 2012
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Number of active stock-based compensation plans | compensation_plan 1        
Stock-based compensation cost $ 30,600,000 $ 31,524,000 $ 27,899,000    
Unrecognized compensation cost $ 13,000,000        
Weighted average period for total unrecognized compensation cost 1 year 4 months 24 days        
Vesting period 3 years        
Options granted in period (in shares) | shares 0 0 0    
Offering period of employee stock purchase plan 12 months        
Maximum contribution amount per employee to ESPP $ 7,500        
Employee Stock Purchase Plan          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Shares authorized to be issued under plan (in shares) | shares       15,000,000 6,000,000
Unrecognized compensation cost $ 1,000,000        
Vesting period 1 year        
Percentage of discount available to employees under ESPP 15.00%        
Expected dividend rate 1.34% 0.00% 0.00%    
Company's common stock purchased by ESPP participants (in shares) | shares   233,232 283,952    
Grants made prior to 2012          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Maximum term for stock options 10 years        
Grants made in 2012          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Maximum term for stock options 5 years        
Performance Vesting Stock Options          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Vesting period 3 years        
Restricted Stock          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Unrecognized compensation cost $ 1,000,000        
Weighted average period for total unrecognized compensation cost 6 months        
Vesting period 1 year        
Restricted Stock Units (RSUs)          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Vesting period 3 years        
SLM Corporation 2012 Omnibus Incentive Plan          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Shares authorized to be issued under plan (in shares) | shares 17,000,000