X0306 4 2014-02-07 0001032033 SLM CORP SLM 0001459757 DEPAULO JOSEPH A 300 CONTINENTAL DRIVE NEWARK DE 19713 1 Executive Vice President Common Stock 2014-02-07 4 F 0 1960 22.75 D 397197.3983 D Common Stock 1740 I By Custodian For Children As previously reported, on February 7, 2013, Mr. DePaulo was granted 18,551 bonus restricted stock units ("RSUs") representing rights to receive shares of SLM Corporation (the "Company") common stock in the future, which grant was approved by the Compensation and Personnel Committee (the "Compensation Committee") of the Board of Directors. One-third of these RSUs are settled on the first, second and third anniversaries of the grant date by delivery of the Company's common stock. On February 7, 2014, 5,912 shares of such RSUs were settled and 155 additional shares were issued to Mr. DePaulo upon the vesting of the related dividend equivalent rights, of which 1,960 shares were withheld by the Company (as approved by the Compensation Committee) to satisfy Mr. DePaulo's tax withholding obligations. /s/ Laurent C. Lutz (POA) for Joseph A. DePaulo 2014-02-11