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Selected Quarterly Financial Information (unaudited) (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]                      
Net interest income $ 381,431,000 $ 369,510,000 $ 362,808,000 $ 375,032,000 $ 367,350,000 $ 357,518,000 $ 338,784,000 $ 331,114,000 $ 1,488,781,000 $ 1,394,766,000 $ 1,479,993,000
Less: provisions for credit losses 297,260,000 207,598,000 30,545,000 98,050,000 (15,309,000) 138,442,000 69,677,000 (225,767,000) (633,000,000) (33,000,000)  
Net interest income (loss) after provisions for credit losses 84,171,000 161,912,000 332,263,000 276,982,000 382,659,000 219,076,000 269,107,000 556,881,000 855,328,000 1,427,723,000 1,386,860,000
Gains (losses) on sales of loans, net 2,894,000 74,978,000 239,997,000 9,881,000 145,535,000 (10,000) 3,679,000 399,111,000 327,750,000 548,315,000 238,315,000
Gains (losses) on securities, net (58,245,000) 891,000 667,000 (3,580,000) 666,000 893,000 37,534,000 3,000 (60,267,000) 39,096,000 4,372,000
Gains (losses) on derivative and hedging activities, net 0 0 0 (5,000) (17,000) 44,000 89,000 28,000 (5,000) 144,000 49,544,000
Other income 14,708,000 19,234,000 17,589,000 15,629,000 6,577,000 12,986,000 11,046,000 14,285,000 67,160,000 44,894,000 39,218,000
Total operating expenses 137,762,000 149,964,000 131,730,000 132,006,000 125,495,000 140,649,000 128,010,000 124,499,000      
Acquired intangible assets amortization expense 2,301,000 2,328,000 2,417,000 733,000         7,779,000 0 0
Restructuring expenses         0 108,000 70,000 1,077,000 0 1,255,000 26,215,000
Income tax expense (benefit) (19,492,000) 29,551,000 114,296,000 37,356,000 103,660,000 19,392,000 53,174,000 203,525,000 161,711,000 379,751,000 273,316,000
Net income (77,043,000) 75,172,000 342,073,000 128,812,000 306,265,000 72,840,000 140,201,000 641,207,000 469,014,000 1,160,513,000 880,690,000
Preferred stock dividends 3,466,000 2,531,000 1,757,000 1,275,000 1,177,000 1,166,000 1,192,000 1,201,000 9,029,000 4,736,000 9,734,000
Net income attributable to SLM Corporation common stock (80,509,000) 72,641,000 340,316,000 127,537,000 305,088,000 71,674,000 139,009,000 640,006,000 459,985,000 1,155,777,000 870,956,000
Net income attributable to SLM Corporation common stock $ (80,509,000) $ 72,641,000 $ 340,316,000 $ 127,537,000 $ 305,088,000 $ 71,674,000 $ 139,009,000 $ 640,006,000 $ 459,985,000 $ 1,155,777,000 $ 870,956,000
Basic earnings per common share (in usd per share) $ (0.33) $ 0.29 $ 1.30 $ 0.46 $ 1.06 $ 0.24 $ 0.45 $ 1.77 $ 1.78 $ 3.67 $ 2.27
Diluted earnings per common share (in usd per share) (0.33) 0.29 1.29 0.45 1.04 0.24 0.44 1.75 1.76 3.61 2.25
Declared dividends per common share (in usd per share) $ 0.11 $ 0.11 $ 0.11 $ 0.11 $ 0.11 $ 0.03 $ 0.03 $ 0.03 $ 0.44 $ 0.20 $ 0.12