SLM Student Loan Trust 2002-6 8-K Other Events

SLM Student Loan Trust 2002-6 Quarterly Servicing Report
Report Date: 5/31/2005 Reporting Period: 02/28/05-5/31/2005

I. Deal Parameters

	Student Loan Portfolio Characteristics		2/28/05			Activity			5/31/2005
A	i	Portfolio Balance	$	1,016,017,889.65		$	(86,812,384.09	)	$	929,205,505.56
	ii	Interest to be Capitalized		26,030,049.17						25,467,094.28
	iii	Total Pool	$	1,042,047,938.82					$	954,672,599.84
	iv	Specified Reserve Account Balance		2,605,119.85						2,386,681.50
	v	Total Adjusted Pool	$	1,044,653,058.67					$	957,059,281.34
B	i	Weighted Average Coupon (WAC)		3.136	%					3.133	%
	ii	Weighted Average Remaining Term		120.60						118.80
	iii	Number of Loans		288,692						266,638
	iv	Number of Borrowers		164,370						152,711
	v	Aggregate Outstanding Principal Balance - T-Bill	$	85,903,162.79					$	77,644,879.05
	vi	Aggregate Outstanding Principal Balance - Comm. Paper	$	956,144,776.03					$	877,027,720.79

									% of					% of
	Notes			Spread			Balance 03/15/05		O/S Securities*			Balance 06/15/05		O/S Securities*
C	i	A-1L Notes	78442GEF9		0.000	%	$	—		0.000	%	$	—		0.000	%
	ii	A-2L Notes	78442GEG7		0.020	%		—		0.000	%		—		0.000	%
	iii	A-3L Notes	78442GEH5		0.090	%		188,953,058.67		18.088	%		101,359,281.34		10.591	%
	iv	A-4L Notes	78442GEJ1		0.180	%		595,000,000.00		56.957	%		595,000,000.00		62.170	%
	v	A-4CP Notes	78442GEK8		0.300	%		200,000,000.00		19.145	%		200,000,000.00		20.897	%
	vi	B Notes	78442GEL6		0.460	%		60,700,000.00		5.811	%		60,700,000.00		6.342	%
	vii	Total Notes					$	1,044,653,058.67		100.000	%	$	957,059,281.34		100.000	%

	Reserve Account		3/15/2005		6/15/2005
D	i	Required Reserve Acct Deposit (%)	0.25%		0.25%
	ii	Reserve Acct Initial Deposit ($)
	iii	Specified Reserve Acct Balance ($)	$	2,605,119.85	$	2,386,681.50
	iv	Reserve Account Floor Balance ($)	$	2,003,707.00	$	2,003,707.00
	v	Current Reserve Acct Balance ($)	$	2,605,119.85	$	2,386,681.50

	Other Accounts		3/15/2005		6/15/2005
E	i	Current Capitalized Interest Account Balance ($)	$	—	$	—

*Percentage may not total 100% due to rounding.

1

II. 2002-6 Transactions from: 2/28/2005 through: 5/31/2005

A	Student Loan Principal Activity
	i	Regular Principal Collections	$	81,067,692.98
	ii	Principal Collections from Guarantor		8,170,007.71
	iii	Principal Reimbursements		304,628.82
	iv	Other System Adjustments		0.00
	v	Total Principal Collections	$	89,542,329.51
B	Student Loan Non-Cash Principal Activity
	i	Other Adjustments	$	(8,133.01	)
	ii	Capitalized Interest		(2,721,812.41	)
	iii	Total Non-Cash Principal Activity	$	(2,729,945.42	)
C	Total Student Loan Principal Activity		$	86,812,384.09
D	Student Loan Interest Activity
	i	Regular Interest Collections	$	3,065,265.28
	ii	Interest Claims Received from Guarantors		153,149.06
	iii	Collection Fees/Returned Items		49,207.11
	iv	Late Fee Reimbursements		168,595.88
	v	Interest Reimbursements		37,174.95
	vi	Other System Adjustments		0.00
	vii	Special Allowance Payments		4,330,108.12
	viii	Subsidy Payments		1,707,125.17
	ix	Total Interest Collections	$	9,510,625.57
E	Student Loan Non-Cash Interest Activity
	i	Interest Accrual Adjustment	$	1,358.89
	ii	Capitalized Interest		2,721,812.41
	iii	Total Non-Cash Interest Adjustments	$	2,723,171.30
F	Total Student Loan Interest Activity		$	12,233,796.87
G	Non-Reimbursable Losses During Collection Period		$	776.18
H	Cumulative Non-Reimbursable Losses to Date		$	533,951.90

2

III. 2002-6 Collection Account Activity 2/28/2005 through 5/31/2005

A	Principal Collections
	i	Principal Payments Received	$	17,804,307.03
	ii	Consolidation Principal Payments		71,433,393.66
	iii	Reimbursements by Seller		1,183.40
	iv	Borrower Benefits Reimbursed		274,123.66
	v	Reimbursements by Servicer		(1.55	)
	vi	Re-purchased Principal		29,323.31
	vii	Total Principal Collections	$	89,542,329.51
B	Interest Collections
	i	Interest Payments Received	$	8,110,700.83
	ii	Consolidation Interest Payments		1,144,946.80
	iii	Reimbursements by Seller		41.20
	iv	Borrower Benefits Reimbursed		0.00
	v	Reimbursements by Servicer		36,433.40
	vi	Re-purchased Interest		700.35
	vii	Collection Fees/Returned Items		49,207.11
	viii	Late Fees		168,595.88
	ix	Total Interest Collections	$	9,510,625.57
C	Other Reimbursements		$	740,096.37
D	Trust Account Investment Income		$	463,123.69
E	Funds Released from Capitalized Interest Account		$	—
F	Return funds borrowed for previous distribution		$	—
	TOTAL FUNDS RECEIVED		$	100,256,175.14
	LESS FUNDS PREVIOUSLY REMITTED:
		Servicing Fees	$	(1,501,382.55	)
G	TOTAL FUNDS TRANSFERRED TO COLLECTION ACCOUNT		$	98,754,792.59
H	Servicing Fees Due for Current Period		$	717,860.52
I	Carryover Servicing Fees Due		$	—
J	Administration Fees Due		$	20,000.00
K	Total Fees Due for Period		$	737,860.52

3

IV. 2002-6 Portfolio Characteristics

	Weighted Avg Coupon						# of Loans				% *						Principal Amount				% *
STATUS	2/28/2005			5/31/2005			2/28/2005		5/31/2005		2/28/2005			5/31/2005			2/28/2005		5/31/2005		2/28/2005			5/31/2005
INTERIM:
In School
Current		2.770	%		2.770	%		73,059		52,577		25.307	%		19.718	%	$	296,949,799.04	$	189,608,244.05		29.227	%		20.405	%
Grace
Current		2.770	%		2.770	%		18,310		32,557		6.342	%		12.210	%		60,196,693.74		145,057,814.46		5.925	%		15.611	%
TOTAL INTERIM		2.770	%		2.770	%		91,369		85,134		31.649	%		31.929	%	$	357,146,492.78	$	334,666,058.51		35.152	%		36.016	%
REPAYMENT
Active
Current		3.530	%		3.534	%		90,222		82,906		31.252	%		31.093	%	$	266,723,148.38	$	238,567,628.45		26.252	%		25.674	%
31-60 Days Delinquent		3.486	%		3.484	%		8,988		8,540		3.113	%		3.203	%		29,823,593.49		26,529,256.86		2.935	%		2.855	%
61-90 Days Delinquent		3.440	%		3.489	%		7,547		5,560		2.614	%		2.085	%		26,379,805.37		16,978,399.31		2.596	%		1.827	%
91-120 Days Delinquent		3.474	%		3.497	%		4,724		3,622		1.636	%		1.358	%		15,537,773.23		10,978,979.58		1.529	%		1.182	%
> 120 Days Delinquent		3.491	%		3.465	%		13,600		13,824		4.711	%		5.185	%		40,821,769.01		42,192,183.85		4.018	%		4.541	%
Deferment
Current		2.808	%		2.805	%		38,995		35,013		13.507	%		13.131	%		155,669,695.04		139,049,268.26		15.322	%		14.964	%
Forbearance
Current		3.446	%		3.444	%		31,372		30,358		10.867	%		11.385	%		118,524,773.54		115,298,179.15		11.666	%		12.408	%
TOTAL REPAYMENT		3.333	%		3.335	%		195,448		179,823		67.701	%		67.441	%	$	653,480,558.06	$	589,593,895.46		64.318	%		63.451	%
Claims in Process (1)		3.471	%		3.525	%		1,865		1,665		0.646	%		0.624	%	$	5,361,130.67	$	4,894,087.21		0.528	%		0.527	%
Aged Claims Rejected (2)		3.370	%		3.505	%		10		16		0.003	%		0.006	%	$	29,708.14	$	51,464.38		0.003	%		0.006	%
GRAND TOTAL		3.136	%		3.133	%		288,692		266,638		100.000	%		100.000	%	$	1,016,017,889.65	$	929,205,505.56		100.000	%		100.000	%

(1) Claims filed and unpaid; includes claims rejected aged less than 6 months.
(2) Claims rejected (subject to cure) aged 6 months or more; also includes claims deemed incurable pending repurchase.
*Percentages may not total 100% due to rounding.

4

V. 2002-6 Portfolio Characteristics by School and Program

LOAN TYPE	WAC			# Loans		$ Amount		%
- GSL — Subsidized		3.130	%		151,897	$	448,267,060.95		48.242	%
- GSL — Unsubsidized		3.036	%		107,623		448,486,138.38		48.266	%
- PLUS Loans		4.339	%		7,116		32,447,550.91		3.492	%
- SLS Loans		5.260	%		2		4,755.32		0.001	%
- Total		3.133	%		266,638	$	929,205,505.56		100.000	%

SCHOOL TYPE	WAC			# Loans		$ Amount		%
- Four Year		3.105	%		215,294	$	809,124,391.60		87.077	%
- Two Year		3.266	%		41,296		96,019,652.17		10.334	%
- Technical		3.545	%		10,048		24,061,461.79		2.589	%
- Other		0.000	%		0		0.00		0.000	%
- Total		3.133	%		266,638	$	929,205,505.56		100.000	%

*Percentages may not total 100% due to rounding.

5

VI. 2002-6 Student Loan Rate Calculation

A	Borrower Interest Accrued During Collection Period	$	5,961,376.07
B	Interest Subsidy Payments Accrued During Collection Period		1,647,907.74
C	SAP Payments Accrued During Collection Period		4,854,403.49
D	INV Earnings Accrued for Collection Period (RESERVE, COLLECTION)		463,123.69
E	INV Earnings Accrued for Collection Period (CAP INT ACTS)		0.00
F	Investment Earnings (ADMINISTRATOR ACCOUNTS)		0.00
G	Net Expected Interest Collections	$	12,926,810.99

VII. 2002-6 Accrued Interest Factors

		Accrued
		Int Factor		Accrual Period	Rate
A	Class A-1L Interest Rate		0.000000000	-		0.00000	%
B	Class A-2L Interest Rate		0.000000000	(3/15/05 - 6/15/05)		0.00000	%
C	Class A-3L Interest Rate		0.007922222	(3/15/05 - 6/15/05)		3.10000	%
D	Class A-4L Interest Rate		0.008152222	(3/15/05 - 6/15/05)		3.19000	%
E	Class A-4CP Interest Rate		0.008117677	(3/15/05 - 6/15/05)		3.22060	%
F	Class B Interest Rate		0.008867778	(3/15/05 - 6/15/05)		3.47000	%

6

VIII. 2002-6 Input from Prior Quarter 2/28/05

A	Total Student Loan Pool Outstanding
	i            Portfolio Balance	$	1,016,017,889.65
	ii           Interest To Be Capitalized		26,030,049.17
	iii         Total Pool	$	1,042,047,938.82
	iv         Specified Reserve Account Balance		2,605,119.85
	v          Total Adjusted Pool	$	1,044,653,058.67
B	Total Note and Certificate Factor		0.5162094474
C	Total Note Balance	$	1,044,653,058.67
D	Note Balance 3/15/2005	Class A-1		Class A-2		Class A-3		Class A-4L		Class A-4CP		Class B
	i            Current Factor		0.000000000		0.000000000		0.536417484		1.000000000		1.000000000		1.000000000
	ii           Expected Note Balance	$	0.00	$	0.00	$	188,953,058.67	$	595,000,000.00	$	200,000,000.00	$	60,700,000.00
E	Note Principal Shortfall	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
F	Interest Shortfall	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
G	Interest Carryover	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
H	Reserve Account Balance	$	2,605,119.85
I	Unpaid Primary Servicing Fees from Prior Month(s)	$	0.00
J	Unpaid Administration fees from Prior Quarter(s)	$	0.00
K	Unpaid Carryover Servicing Fees from Prior Quarter(s)	$	0.00
L	Interest Due on Unpaid Carryover Servicing Fees	$	0.00

7

IX. 2002-6 Waterfall for Distributions

					Remaining
					Funds Balance
A	Total Available Funds ( Section III-G )		$	98,754,792.59	$	98,754,792.59
B	Primary Servicing Fees-Current Month		$	717,860.52	$	98,036,932.07
C	Administration Fee		$	20,000.00	$	98,016,932.07
D	Noteholder’s Interest Distribution Amount
	i	Class A-1L	$	0.00	$	98,016,932.07
	ii	Class A-2L	$	0.00	$	98,016,932.07
	iii	Class A-3L	$	1,496,928.12	$	96,520,003.95
	iv	Class A-4L	$	4,850,572.22	$	91,669,431.73
	v	Class A-4CP	$	1,623,535.34	$	90,045,896.39
	vi	Class B	$	538,274.11	$	89,507,622.28
	vii	Total Noteholder's Interest Distribution	$	8,509,309.79
E	Noteholder’s Principal Distribution Amount Paid
	i	Class A-1L	$	0.00	$	89,507,622.28
	ii	Class A-2L	$	0.00	$	89,507,622.28
	iii	Class A-3L	$	87,593,777.33	$	1,913,844.95
	iv	Class A-4L	$	0.00	$	1,913,844.95
	v	Class A-4CP	$	0.00	$	1,913,844.95
	vi	Class B	$	0.00	$	1,913,844.95
	vii	Total Noteholder's Principal Distribution	$	87,593,777.33
F	Increase to the Specified Reserve Account Balance		$	0.00	$	1,913,844.95
G	Carryover Servicing Fees		$	0.00	$	1,913,844.95
H	Noteholder’s Interest Carryover
	i	Class A-1L	$	0.00	$	1,913,844.95
	ii	Class A-2L	$	0.00	$	1,913,844.95
	iii	Class A-3L	$	0.00	$	1,913,844.95
	iv	Class A-4L	$	0.00	$	1,913,844.95
	v	Class A-4CP	$	0.00	$	1,913,844.95
	vi	Class B	$	0.00	$	1,913,844.95
	vii	Total Noteholder's Interest Carryover	$	0.00
I	Excess to Reserve Account		$	1,913,844.95	$	0.00

8

X. 2002-6 Distributions

A	Distribution Amounts		Class A-1L		Class A-2L		Class A-3L		Class A-4L		Class A-4CP		Class B
	i	Quarterly Interest Due	$	0.00	$	0.00	$	1,496,928.12	$	4,850,572.22	$	1,623,535.34	$	538,274.11
	ii	Quarterly Interest Paid		0.00		0.00	$	1,496,928.12	$	4,850,572.22	$	1,623,535.34		538,274.11
	iii	Interest Shortfall	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
	iv	Interest Carryover Due	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
	v	Interest Carryover Paid		0.00		0.00		0.00		0.00		0.00		0.00
	vi	Interest Carryover	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
	vii	Quarterly Principal Due	$	0.00	$	0.00	$	87,593,777.33	$	0.00	$	0.00	$	0.00
	viii	Quarterly Principal Paid		0.00		0.00		87,593,777.33		0.00		0.00		0.00
	ix	Quarterly Principal Shortfall	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
	x	Total Distribution Amount	$	0.00	$	0.00	$	89,090,705.45	$	4,850,572.22	$	1,623,535.34	$	538,274.11
B	Principal Distribution Reconciliation
	i	Notes Outstanding Principal Balance 5/31/05	$	1,044,653,058.67
	ii	Adjusted Pool Balance 5/31/05		957,059,281.34
	iii	Adjusted Pool Exceeding Notes Balance (i-ii)	$	87,593,777.33
	iv	Adjusted Pool Balance 2/28/05	$	1,044,653,058.67
	v	Adjusted Pool Balance 5/31/05		957,059,281.34
	vi	Current Principal Due (iv-v)	$	87,593,777.33
	vii	Principal Shortfall from Previous Collection Period		—
	viii	Principal Distribution Amount (vi + vii)	$	87,593,777.33
	ix	Principal Distribution Amount Paid	$	87,593,777.33
	x	Principal Shortfall (viii - ix)	$	—
C		Total Principal Distribution	$	87,593,777.33
D		Total Interest Distribution		8,509,309.79
E		Total Cash Distributions	$	96,103,087.12

F	Note Balances			3/15/2005		Pay Down Factor		6/15/2005
	i	A-1 Note Balance	78442GEF9	$	—			$	—
		A-1 Note Pool Factor			0.000000000		0.000000000		0.000000000
	ii	A-2 Note Balance	78442GEG7	$	—			$	—
		A-2 Note Pool Factor			0.000000000		0.000000000		0.000000000
	iii	A-3 Note Balance	78442GEH5	$	188,953,058.67			$	101,359,281.34
		A-3 Note Pool Factor			0.536417484		0.248669347		0.287748137
	iv	A-4 Note Balance	78442GEJ1	$	595,000,000.00			$	595,000,000.00
		A-4 Note Pool Factor			1.000000000		0.000000000		1.000000000
	v	A-4CP Note Balance	78442GEK8		200,000,000.00				200,000,000.00
		A-4CP Note Pool Factor			1.000000000		0.000000000		1.000000000
	vi	B Note Balance	78442GEL6	$	60,700,000.00			$	60,700,000.00
		B Note Pool Factor			1.000000000		0.000000000		1.000000000
G	Reserve Account Reconciliation
	i	Beginning of Period Balance				$	2,605,119.85
	ii	Deposits to correct Shortfall				$	—
	iii	Deposits from Excess Servicing				$	1,913,844.95
	iv	Total Reserve Account Balance Available				$	4,518,964.80
	v	Required Reserve Account Balance				$	2,386,681.50
	vi	Shortfall Carried to Next Period				$	—
	vii	Excess Reserve — Release to Excess Certificateholder				$	2,132,283.30
	viii	Ending Reserve Account Balance				$	2,386,681.50

9

XI. 2002-6 Historical Pool Information

									2004			2003			2002
			02/28/05-5/31/2005			12/01/04-02/28/05			12/1/03-11/30/04			12/1/02-11/30/03			11/05/02-11/30/02
Beginning Student Loan Portfolio Balance			$	1,016,017,889.65		$	1,135,626,011.47		$	1,585,378,440.83		$	1,925,930,417.36		$	1,961,617,208.92
	Student Loan Principal Activity
	i	Regular Principal Collections	$	81,067,692.98		$	113,876,404.02		$	453,071,204.67		$	308,125,522.87		$	20,391,329.39
	ii	Principal Collections from Guarantor		8,170,007.71			10,398,392.02			21,490,552.38		$	12,134,347.12			102,005.25
	iii	Principal Reimbursements		304,628.82			45,122.98			702,925.54		$	44,057,230.07			16,834,581.33
	iv	Other System Adjustments		—			—			—			—			—
	v	Total Principal Collections	$	89,542,329.51		$	124,319,919.02		$	475,264,682.59		$	364,317,100.06		$	37,327,915.97
	Student Loan Non-Cash Principal Activity
	i	Other Adjustments	$	(8,133.01	)	$	34,668.54		$	348,595.39		$	1,396,085.36		$	642,089.44
	ii	Capitalized Interest		(2,721,812.41	)		(4,746,465.74	)		(25,860,848.61	)		(25,161,208.89	)		(2,283,213.85	)
	iii	Total Non-Cash Principal Activity	$	(2,729,945.42	)	$	(4,711,797.20	)	$	(25,512,253.22	)	$	(23,765,123.53	)	$	(1,641,124.41	)
(-)	Total Student Loan Principal Activity		$	86,812,384.09		$	119,608,121.82		$	449,752,429.37		$	340,551,976.53		$	35,686,791.56
	Student Loan Interest Activity
	i	Regular Interest Collections	$	3,065,265.28		$	3,321,386.11		$	17,865,500.31		$	17,286,507.57		$	2,529,714.25
	ii	Interest Claims Received from Guarantors		153,149.06			236,064.03			497,173.22		$	378,294.93			596.61
	iii	Collection Fees/Returned Items		49,207.11			46,595.39			130,098.67		$	54,179.38			1,736.24
	iv	Late Fee Reimbursements		168,595.88			163,048.49			593,268.73		$	402,986.21			65,549.95
	v	Interest Reimbursements		37,174.95			38,728.60			1,540,478.40		$	1,251,432.65			253,867.48
	vi	Other System Adjustments		—			—			—		$	—			—
	vii	Special Allowance Payments		4,330,108.12			3,370,454.19			2,776,102.68		$	87,887.41			—
	viii	Subsidy Payments		1,707,125.17			2,091,065.91			12,165,918.39			22,778,596.05			—
	ix	Total Interest Collections	$	9,510,625.57		$	9,267,342.72		$	35,568,540.40		$	42,239,884.20		$	2,851,464.53
	Student Loan Non-Cash Interest Activity
	i	Interest Accrual Adjustment	$	1,358.89		$	1,133.26		$	6,508.87		$	(1,115,753.29	)	$	(499,114.44	)
	ii	Capitalized Interest		2,721,812.41			4,746,465.74			25,860,848.61			25,161,208.89			2,283,213.85
	iii	Total Non-Cash Interest Adjustments	$	2,723,171.30		$	4,747,599.00		$	25,867,357.48		$	24,045,455.60		$	1,784,099.41
	Total Student Loan Interest Activity		$	12,233,796.87		$	14,014,941.72		$	61,435,897.88		$	66,285,339.80		$	4,635,563.94
(=)	Ending Student Loan Portfolio Balance		$	929,205,505.56		$	1,016,017,889.65		$	1,135,626,011.46		$	1,585,378,440.83		$	1,925,930,417.36
(+)	Interest to be Capitalized		$	25,467,094.28		$	26,030,049.17		$	27,772,751.70		$	42,677,455.40		$	45,305,709.59
(=)	TOTAL POOL		$	954,672,599.84		$	1,042,047,938.82		$	1,163,398,763.16		$	1,628,055,896.23		$	1,971,236,126.95
(+)	Reserve Account Balance		$	2,386,681.50		$	2,605,119.85		$	2,908,496.91		$	4,070,139.74		$	4,928,090.32
(=)	Total Adjusted Pool		$	957,059,281.34		$	1,044,653,058.67		$	1,166,307,260.07		$	1,632,126,035.97		$	1,976,164,217.27

10

XII. 2002-6 Payment History and CPRs

Distribution	Actual		Since Issued
Date	Pool Balances		CPR *
Dec-02	$	1,971,236,127	6.18%
Mar-03	$	1,924,631,663	7.46%
Jun-03	$	1,883,696,847	7.56%
Sep-03	$	1,782,179,555	10.59%
Dec-03	$	1,628,055,896	14.69%
Mar-04	$	1,488,326,911	16.98%
Jun-04	$	1,440,475,173	15.80%
Sep-04	$	1,303,458,469	17.68%
Dec-04	$	1,163,398,763	19.57%
Mar-05	$	1,042,047,939	20.78%
Jun-05	$	954,672,600	21.09%

* “Since Issued CPR” is based on the current period’s ending pool balance
calculated against the original pool balance and assuming cutoff date pool data.

11