October 11, 2005 Mr. C.E. Andrews Executive Vice President, Finance SLM Corporation 12061 Bluemont Way Reston, VA 20190 Re: Form 10-K for the fiscal year ended December 31, 2004 File No. 001-13251 Dear Mr. Andrews: 	We have completed our review of your Form 10-K and related filings and have no further comments at this time. 								Sincerely, Joyce Sweeney 								 Branch Chief