EXHIBIT 19.1
SALLIE MAE STUDENT LOAN TRUST 1995-1
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1999
TO: INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street, 10th Floor 1201 Market Street
New York, New York 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: John J. Cashin
COPY: The Chase Manhattan Bank, N.A.
450 West 33rd Street
New York, New York 10001
Attn: Corporate Trust Dept.
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we
hereby certify that (i) a review of the activities and performance of the
Servicer from January 1, 1999 through December 31, 1999 under this Agreement
and under the Servicing Agreement dated October 26, 1995 (as amended and
restated as of April 26, 1996) has been made under our supervision, and (ii)
to the best of our knowledge, the Servicer has fulfilled its obligations in
all material respects under this Agreement and under the Servicing Agreement
throughout such period.
- --------------------------------------------------------------------------------
SALLIE MAE SERVICING CORPORATION, as Servicer
11600 Sallie Mae Drive
Reston, Virginia 20193
/s/ THOMAS P. BRISSON
- ---------------------
Thomas P. Brisson, Vice President, Servicing
/s/ JOHN F. WALLERSTEDT
- -----------------------
John F. Wallerstedt, Vice President and Treasurer
13
SALLIE MAE STUDENT LOAN TRUST 1996-1
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1999
TO: Indenture Trustee Eligible Lender Trustee
----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street, 10th Floor 1201 Market Street
New York, New York 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: John J. Cashin
COPY: The Chase Manhattan Bank, N.A.
450 West 33rd Street
New York, New York 10001
Attn: Corporate Trust Dept.
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we
hereby certify that (i) a review of the activities and performance of the
Servicer from January 1, 1999 through December 31, 1999 under this Agreement
and under the Servicing Agreement dated as of March 6, 1996 has been made
under our supervision, and (ii) to the best of our knowledge, the Servicer
has fulfilled its obligations in all material respects under this Agreement
and under the Servicing Agreement throughout such period.
- --------------------------------------------------------------------------------
SALLIE MAE SERVICING CORPORATION, as Servicer
11600 Sallie Mae Drive
Reston, Virginia 20193
/s/ THOMAS P. BRISSON
- ---------------------
Thomas P. Brisson, Vice President, Servicing
/s/ JOHN F. WALLERSTEDT
- -----------------------
John F. Wallerstedt, Vice President and Treasurer
14
SLM STUDENT LOAN TRUST 1996-2
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1999
TO: Indenture Trustee Eligible Lender Trustee
----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street, 10th Floor 1201 Market Street
New York, New York 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: John J. Cashin
COPY: The Chase Manhattan Bank, N.A.
450 West 33rd Street
New York, New York 10001
Attn: Corporate Trust Dept.
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we
hereby certify that (i) a review of the activities and performance of the
Servicer from January 1, 1999 through December 31, 1999 under this Agreement
and under the Servicing Agreement dated as of April 26, 1996 has been made
under our supervision, and (ii) to the best of our knowledge, the Servicer
has fulfilled its obligations in all material respects under this Agreement
and under the Servicing Agreement throughout such period.
- --------------------------------------------------------------------------------
SALLIE MAE SERVICING CORPORATION, as Servicer
11600 Sallie Mae Drive
Reston, Virginia 20193
/s/ THOMAS P. BRISSON
- ---------------------
Thomas P. Brisson, Vice President, Servicing
/s/ JOHN F. WALLERSTEDT
- -----------------------
John F. Wallerstedt, Vice President and Treasurer
15
SLM STUDENT LOAN TRUST 1996-3
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1999
TO: Indenture Trustee Eligible Lender Trustee
----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street, 10th Floor 1201 Market Street
New York, New York 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: John J. Cashin
COPY: The Chase Manhattan Bank, N.A.
450 West 33rd Street
New York, New York 10001
Attn: Corporate Trust Dept.
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we
hereby certify that (i) a review of the activities and performance of the
Servicer from January 1, 1999 through December 31, 1999 under this Agreement
and under the Servicing Agreement dated as of July 9, 1996 has been made
under our supervision, and (ii) to the best of our knowledge, the Servicer
has fulfilled its obligations in all material respects under this Agreement
and under the Servicing Agreement throughout such period.
- --------------------------------------------------------------------------------
SALLIE MAE SERVICING CORPORATION, as Servicer
11600 Sallie Mae Drive
Reston, Virginia 20193
/s/ THOMAS P. BRISSON
- ---------------------
Thomas P. Brisson, Vice President, Servicing
/s/ JOHN F. WALLERSTEDT
- -----------------------
John F. Wallerstedt, Vice President and Treasurer
16
SLM STUDENT LOAN TRUST 1996-4
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1999
TO: Indenture Trustee Eligible Lender Trustee
----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street, 10th Floor 1201 Market Street
New York, New York 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: John J. Cashin
COPY: The Chase Manhattan Bank, N.A.
450 West 33rd Street
New York, New York 10001
Attn: Corporate Trust Dept.
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we
hereby certify that (i) a review of the activities and performance of the
Servicer from January 1, 1999 through December 31, 1999 under this Agreement
and under the Servicing Agreement dated as of October 3, 1996 has been made
under our supervision, and (ii) to the best of our knowledge, the Servicer
has fulfilled its obligations in all material respects under this Agreement
and under the Servicing Agreement throughout such period.
- --------------------------------------------------------------------------------
SALLIE MAE SERVICING CORPORATION, as Servicer
11600 Sallie Mae Drive
Reston, Virginia 20193
/s/ THOMAS P. BRISSON
- ---------------------
Thomas P. Brisson, Vice President, Servicing
/s/ JOHN F. WALLERSTEDT
- -----------------------
John F. Wallerstedt, Vice President and Treasurer
17
SLM STUDENT LOAN TRUST 1997-1
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1999
TO: INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street, 10th Floor 1201 Market Street
New York, New York 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: John J. Cashin
COPY: The Chase Manhattan Bank, N.A.
450 West 33rd Street
New York, New York 10001
Attn: Corporate Trust Dept.
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we
hereby certify that (i) a review of the activities and performance of the
Servicer from January 1, 1999 through December 31, 1999 under this Agreement
and under the Servicing Agreement dated as of March 20, 1997 has been made
under our supervision, and (ii) to the best of our knowledge, the Servicer
has fulfilled its obligations in all material respects under this Agreement
and under the Servicing Agreement throughout such period.
- --------------------------------------------------------------------------------
SALLIE MAE SERVICING CORPORATION, as Servicer
11600 Sallie Mae Drive
Reston, Virginia 20193
/s/ THOMAS P. BRISSON
- ---------------------
Thomas P. Brisson, Vice President, Servicing
/s/ JOHN F. WALLERSTEDT
- -----------------------
John F. Wallerstedt, Vice President and Treasurer
18
SLM STUDENT LOAN TRUST 1997-2
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1999
To: Indenture Trustee Eligible Lender Trustee
----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street, 10th Floor 1201 Market Street
New York, New York 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: John J. Cashin
COPY: The Chase Manhattan Bank, N.A.
450 West 33rd Street
New York, New York 10001
Attn: Corporate Trust Dept.
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we
hereby certify that (i) a review of the activities and performance of the
Servicer from January 1, 1999 through December 31, 1999 under this Agreement
and under the Servicing Agreement dated as of June 18, 1997 has been made
under our supervision, and (ii) to the best of our knowledge, the Servicer
has fulfilled its obligations in all material respects under this Agreement
and under the Servicing Agreement throughout such period.
- --------------------------------------------------------------------------------
SALLIE MAE SERVICING CORPORATION, as Servicer
11600 Sallie Mae Drive
Reston, Virginia 20193
/s/ THOMAS P. BRISSON
- ---------------------
Thomas P. Brisson, Vice President, Servicing
/s/ JOHN F. WALLERSTEDT
- -----------------------
John F. Wallerstedt, Vice President and Treasurer
19
SLM STUDENT LOAN TRUST 1997-3
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1999
To: Indenture Trustee Eligible Lender Trustee
----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street, 10th Floor 1201 Market Street
New York, New York 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: John J. Cashin
COPY: The Chase Manhattan Bank, N.A.
450 West 33rd Street
New York, New York 10001
Attn: Corporate Trust Dept.
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we
hereby certify that (i) a review of the activities and performance of the
Servicer from January 1, 1999 through December 31, 1999 under this Agreement
and under the Servicing Agreement dated as of September 11, 1997 has been
made under our supervision, and (ii) to the best of our knowledge, the
Servicer has fulfilled its obligations in all material respects under this
Agreement and under the Servicing Agreement throughout such period.
- --------------------------------------------------------------------------------
SALLIE MAE SERVICING CORPORATION, as Servicer
11600 Sallie Mae Drive
Reston, Virginia 20193
/s/ THOMAS P. BRISSON
- ---------------------
Thomas P. Brisson, Vice President, Servicing
/s/ JOHN F. WALLERSTEDT
- -----------------------
John F. Wallerstedt, Vice President and Treasurer
20
SLM STUDENT LOAN TRUST 1997-4
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1999
TO: Indenture Trustee Eligible Lender Trustee
----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street, 10th Floor 1201 Market Street
New York, New York 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: John J. Cashin
COPY: The Chase Manhattan Bank, N.A.
450 West 33rd Street
New York, New York 10001
Attn: Corporate Trust Dept.
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we
hereby certify that (i) a review of the activities and performance of the
Servicer from January 1, 1999 through December 31, 1999 under this Agreement
and under the Servicing Agreement dated as of November 12, 1997 has been made
under our supervision, and (ii) to the best of our knowledge, the Servicer
has fulfilled its obligations in all material respects under this Agreement
and under the Servicing Agreement throughout such period.
- --------------------------------------------------------------------------------
SALLIE MAE SERVICING CORPORATION, as Servicer
11600 Sallie Mae Drive
Reston, Virginia 20193
/s/ THOMAS P. BRISSON
- ---------------------
Thomas P. Brisson, Vice President, Servicing
/s/ JOHN F. WALLERSTEDT
- -----------------------
John F. Wallerstedt, Vice President and Treasurer
21
SLM STUDENT LOAN TRUST 1998-1
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1999
TO: Indenture Trustee Eligible Lender Trustee
----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street, 10th Floor 1201 Market Street
New York, New York 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: John J. Cashin
COPY: The Chase Manhattan Bank, N.A.
450 West 33rd Street
New York, New York 10001
Attn: Corporate Trust Dept.
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we
hereby certify that (i) a review of the activities and performance of the
Servicer from January 1, 1999 through December 31, 1999 under this Agreement
and under the Servicing Agreement dated as of March 19, 1998 has been made
under our supervision, and (ii) to the best of our knowledge, the Servicer
has fulfilled its obligations in all material respects under this Agreement
and under the Servicing Agreement throughout such period.
- --------------------------------------------------------------------------------
SALLIE MAE SERVICING CORPORATION, as Servicer
11600 Sallie Mae Drive
Reston, Virginia 20193
/s/ THOMAS P. BRISSON
- ---------------------
Thomas P. Brisson, Vice President, Servicing
/s/ JOHN F. WALLERSTEDT
- -----------------------
John F. Wallerstedt, Vice President and Treasurer
22
SLM STUDENT LOAN TRUST 1998-2
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1999
TO: INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street, 10th Floor 1201 Market Street
New York, New York 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: John J. Cashin
COPY: The Chase Manhattan Bank, N.A.
450 West 33rd Street
New York, New York 10001
Attn: Corporate Trust Dept.
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we
hereby certify that (i) a review of the activities and performance of the
Servicer from January 1, 1999 through December 31, 1999 under this Agreement
and under the Servicing Agreement dated as of June 18, 1998 has been made
under our supervision, and (ii) to the best of our knowledge, the Servicer
has fulfilled its obligations in all material respects under this Agreement
and under the Servicing Agreement throughout such period.
- --------------------------------------------------------------------------------
SALLIE MAE SERVICING CORPORATION, as Servicer
11600 Sallie Mae Drive
Reston, Virginia 20193
/s/ THOMAS P. BRISSON
- ---------------------
Thomas P. Brisson, Vice President, Servicing
/s/ JOHN F. WALLERSTEDT
- -----------------------
John F. Wallerstedt, Vice President and Treasurer
23
SLM STUDENT LOAN TRUST 1999-1
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1999
TO: INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street, 10th Floor 1201 Market Street
New York, New York 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: John J. Cashin
COPY: The Chase Manhattan Bank, N.A.
450 West 33rd Street
New York, New York 10001
Attn: Corporate Trust Dept.
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we
hereby certify that (i) a review of the activities and performance of the
Servicer from June 29, 1999 through December 31, 1999 under this Agreement
and under the Servicing Agreement dated as of June 29, 1999 has been made
under our supervision, and (ii) to the best of our knowledge, the Servicer
has fulfilled its obligations in all material respects under this Agreement
and under the Servicing Agreement throughout such period.
- --------------------------------------------------------------------------------
SALLIE MAE SERVICING CORPORATION, as Servicer
11600 Sallie Mae Drive
Reston, Virginia 20193
/s/ THOMAS P. BRISSON
- ---------------------
Thomas P. Brisson, Vice President, Servicing
/s/ JOHN F. WALLERSTEDT
- -----------------------
John F. Wallerstedt, Vice President and Treasurer
24
SLM STUDENT LOAN TRUST 1999-2
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1999
TO: INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street, 10th Floor 1201 Market Street
New York, New York 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: John J. Cashin
COPY: The Chase Manhattan Bank, N.A.
450 West 33rd Street
New York, New York 10001
Attn: Corporate Trust Dept.
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we
hereby certify that (i) a review of the activities and performance of the
Servicer from August 12, 1999 through December 31, 1999 under this Agreement
and under the Servicing Agreement dated as of August 12, 1999 has been made
under our supervision, and (ii) to the best of our knowledge, the Servicer
has fulfilled its obligations in all material respects under this Agreement
and under the Servicing Agreement throughout such period.
- --------------------------------------------------------------------------------
SALLIE MAE SERVICING CORPORATION, as Servicer
11600 Sallie Mae Drive
Reston, Virginia 20193
/s/ THOMAS P. BRISSON
- ---------------------
Thomas P. Brisson, Vice President, Servicing
/s/ JOHN F. WALLERSTEDT
- -----------------------
John F. Wallerstedt, Vice President and Treasurer
25
SLM STUDENT LOAN TRUST 1999-3
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1999
TO: INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street, 10th Floor 1201 Market Street
New York, New York 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: John J. Cashin
COPY: The Chase Manhattan Bank, N.A.
450 West 33rd Street
New York, New York 10001
Attn: Corporate Trust Dept.
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we
hereby certify that (i) a review of the activities and performance of the
Servicer from December 28, 1999 through December 31, 1999 under this Agreement
and under the Servicing Agreement dated as of December 28, 1999 has been made
under our supervision, and (ii) to the best of our knowledge, the Servicer
has fulfilled its obligations in all material respects under this Agreement
and under the Servicing Agreement throughout such period.
- --------------------------------------------------------------------------------
SALLIE MAE SERVICING CORPORATION, as Servicer
11600 Sallie Mae Drive
Reston, Virginia 20193
/s/ THOMAS P. BRISSON
- ---------------------
Thomas P. Brisson, Vice President, Servicing
/s/ JOHN F. WALLERSTEDT
- -----------------------
John F. Wallerstedt, Vice President and Treasurer
26
SALLIE MAE STUDENT LOAN TRUST 1995-1
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
- ----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street 1201 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Raymond Delli Colli, Attn: John Cashin,
Corporate Trust and Agency Group Corporate Trust Division
(212) 250-6549 (302) 428-3375
ADMINISTRATOR SERVICER
- ------------- --------
Student Loan Marketing Association Sallie Mae Servicing Corporation
11600 Sallie Mae Drive 11600 Sallie Mae Drive
Reston, Virginia 20190-4798 Reston, Virginia 20193
Attn: Assistant Vice President, ATTN: Director ABS Administration
Corporate Finance Operations
(703) 810-7711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we,
the undersigned, hereby certify that (i) a review of the activities and
performance of the Administrator from January 1, 1999 through December 31, 1999
has been made under our supervision and (ii) to the best of our knowledge, based
on such review, the Administrator has fulfilled its obligations in all material
respects under the Agreement throughout such period.
December 31, 1999
STUDENT LOAN MARKETING ASSOCIATION, AS ADMINISTRATOR
/S/ MARK G. OVEREND /S/ J. LANCE FRANKE
- -------------------- --------------------
Mark G. Overend, Chief Financial Officer J. Lance Franke, Authorized Agent
Student Loan Marketing Association Student Loan Marketing Association
27
SALLIE MAE STUDENT LOAN TRUST 1996-1
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
- ----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street 1201 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Raymond Delli Colli, Attn: John Cashin,
Corporate Trust and Agency Group Corporate Trust Division
(212) 250-6549 (302) 428-3375
ADMINISTRATOR SERVICER
- ------------- --------
Student Loan Marketing Association Sallie Mae Servicing Corporation
11600 Sallie Mae Drive 11600 Sallie Mae Drive
Reston, Virginia 20190-4798 Reston, Virginia 20193
Attn: Assistant Vice President, ATTN: Director ABS Administration
Corporate Finance Operations
(703) 810-7711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we,
the undersigned, hereby certify that (i) a review of the activities and
performance of the Administrator from January 1, 1999 through December 31, 1999
has been made under our supervision and (ii) to the best of our knowledge, based
on such review, the Administrator has fulfilled its obligations in all material
respects under the Agreement throughout such period.
December 31, 1999
STUDENT LOAN MARKETING ASSOCIATION, AS ADMINISTRATOR
/S/ MARK G. OVEREND /S/ J. LANCE FRANKE
- -------------------- -------------------
Mark G. Overend, Chief Financial Officer J. Lance Franke, Authorized Agent
Student Loan Marketing Association Student Loan Marketing Association
28
SLM STUDENT LOAN TRUST 1996-2
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
- ----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street 1201 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Raymond Delli Colli, Attn: John Cashin,
Corporate Trust and Agency Group Corporate Trust Division
(212) 250-6549 (302) 428-3375
ADMINISTRATOR SERVICER
- ------------- --------
Student Loan Marketing Association Sallie Mae Servicing Corporation
11600 Sallie Mae Drive 11600 Sallie Mae Drive
Reston, Virginia 20190-4798 Reston, Virginia 20193
Attn: Assistant Vice President, ATTN: Director ABS Administration
Corporate Finance Operations
(703) 810-7711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we,
the undersigned, hereby certify that (i) a review of the activities and
performance of the Administrator from January 1, 1999 through December 31, 1999
has been made under our supervision and (ii) to the best of our knowledge, based
on such review, the Administrator has fulfilled its obligations in all material
respects under the Agreement throughout such period.
December 31, 1999
STUDENT LOAN MARKETING ASSOCIATION, AS ADMINISTRATOR
/S/ MARK G. OVEREND /S/ J. LANCE FRANKE
- -------------------- --------------------
Mark G. Overend, Chief Financial Officer J. Lance Franke, Authorized Agent
Student Loan Marketing Association Student Loan Marketing Association
29
SLM STUDENT LOAN TRUST 1996-3
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
- ----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street 1201 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Raymond Delli Colli, Attn: John Cashin,
Corporate Trust and Agency Group Corporate Trust Division
(212) 250-6549 (302) 428-3375
ADMINISTRATOR SERVICER
- ------------- --------
Student Loan Marketing Association Sallie Mae Servicing Corporation
11600 Sallie Mae Drive 11600 Sallie Mae Drive
Reston, Virginia 20190-4798 Reston, Virginia 20193
Attn: Assistant Vice President, ATTN: Director ABS Administration
Corporate Finance Operations
(703) 810-7711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we,
the undersigned, hereby certify that (i) a review of the activities and
performance of the Administrator from January 1, 1999 through December 31, 1999
has been made under our supervision and (ii) to the best of our knowledge, based
on such review, the Administrator has fulfilled its obligations in all material
respects under the Agreement throughout such period.
December 31, 1999
STUDENT LOAN MARKETING ASSOCIATION, AS ADMINISTRATOR
/S/ MARK G. OVEREND /S/ J. LANCE FRANKE
- -------------------- --------------------
Mark G. Overend, Chief Financial Officer J. Lance Franke, Authorized Agent
Student Loan Marketing Association Student Loan Marketing Association
30
SLM STUDENT LOAN TRUST 1996-4
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
- ----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street 1201 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Raymond Delli Colli, Attn: John Cashin,
Corporate Trust and Agency Group Corporate Trust Division
(212) 250-6549 (302) 428-3375
ADMINISTRATOR SERVICER
- ------------- --------
Student Loan Marketing Association Sallie Mae Servicing Corporation
11600 Sallie Mae Drive 11600 Sallie Mae Drive
Reston, Virginia 20190-4798 Reston, Virginia 20193
Attn: Assistant Vice President, ATTN: Director ABS Administration
Corporate Finance Operations
(703) 810-7711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we,
the undersigned, hereby certify that (i) a review of the activities and
performance of the Administrator from January 1, 1999 through December 31, 1999
has been made under our supervision and (ii) to the best of our knowledge, based
on such review, the Administrator has fulfilled its obligations in all material
respects under the Agreement throughout such period.
December 31, 1999
STUDENT LOAN MARKETING ASSOCIATION, AS ADMINISTRATOR
/S/ MARK G. OVEREND /S/ J. LANCE FRANKE
- -------------------- --------------------
Mark G. Overend, Chief Financial Officer J. Lance Franke, Authorized Agent
Student Loan Marketing Association Student Loan Marketing Association
31
SLM STUDENT LOAN TRUST 1997-1
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
- ----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street 1201 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Raymond Delli Colli, Attn: John Cashin,
Corporate Trust and Agency Group Corporate Trust Division
(212) 250-6549 (302) 428-3375
ADMINISTRATOR SERVICER
- ------------- --------
Student Loan Marketing Association Sallie Mae Servicing Corporation
11600 Sallie Mae Drive 11600 Sallie Mae Drive
Reston, Virginia 20190-4798 Reston, Virginia 20193
Attn: Assistant Vice President, ATTN: Director ABS Administration
Corporate Finance Operations
(703) 810-7711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we,
the undersigned, hereby certify that (i) a review of the activities and
performance of the Administrator from January 1, 1999 through December 31, 1999
has been made under our supervision and (ii) to the best of our knowledge, based
on such review, the Administrator has fulfilled its obligations in all material
respects under the Agreement throughout such period.
December 31, 1999
STUDENT LOAN MARKETING ASSOCIATION, AS ADMINISTRATOR
/S/ MARK G. OVEREND /S/ J. LANCE FRANKE
- -------------------- --------------------
Mark G. Overend, Chief Financial Officer J. Lance Franke, Authorized Agent
Student Loan Marketing Association Student Loan Marketing Association
32
SLM STUDENT LOAN TRUST 1997-2
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
- ----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street 1201 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Raymond Delli Colli, Attn: John Cashin,
Corporate Trust and Agency Group Corporate Trust Division
(212) 250-6549 (302) 428-3375
ADMINISTRATOR SERVICER
- ------------- --------
Student Loan Marketing Association Sallie Mae Servicing Corporation
11600 Sallie Mae Drive 11600 Sallie Mae Drive
Reston, Virginia 20190-4798 Reston, Virginia 20193
Attn: Assistant Vice President, ATTN: Director ABS Administration
Corporate Finance Operations
(703) 810-7711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we,
the undersigned, hereby certify that (i) a review of the activities and
performance of the Administrator from January 1, 1999 through December 31, 1999
has been made under our supervision and (ii) to the best of our knowledge, based
on such review, the Administrator has fulfilled its obligations in all material
respects under the Agreement throughout such period.
December 31, 1999
STUDENT LOAN MARKETING ASSOCIATION, AS ADMINISTRATOR
/S/ MARK G. OVEREND /S/ J. LANCE FRANKE
- -------------------- --------------------
Mark G. Overend, Chief Financial Officer J. Lance Franke, Authorized Agent
Student Loan Marketing Association Student Loan Marketing Association
33
SLM STUDENT LOAN TRUST 1997-3
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
- ----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street 1201 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Raymond Delli Colli, Attn: John Cashin,
Corporate Trust and Agency Group Corporate Trust Division
(212) 250-6549 (302) 428-3375
ADMINISTRATOR SERVICER
- ------------- --------
Student Loan Marketing Association Sallie Mae Servicing Corporation
11600 Sallie Mae Drive 11600 Sallie Mae Drive
Reston, Virginia 20190-4798 Reston, Virginia 20193
Attn: Assistant Vice President, ATTN: Director ABS Administration
Corporate Finance Operations
(703) 810-7711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we,
the undersigned, hereby certify that (i) a review of the activities and
performance of the Administrator from January 1, 1999 through December 31, 1999
has been made under our supervision and (ii) to the best of our knowledge, based
on such review, the Administrator has fulfilled its obligations in all material
respects under the Agreement throughout such period.
December 31, 1999
STUDENT LOAN MARKETING ASSOCIATION, AS ADMINISTRATOR
/S/ MARK G. OVEREND /S/ J. LANCE FRANKE
- -------------------- --------------------
Mark G. Overend, Chief Financial Officer J. Lance Franke, Authorized Agent
Student Loan Marketing Association Student Loan Marketing Association
34
SLM STUDENT LOAN TRUST 1997-4
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
- ----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street 1201 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Raymond Delli Colli, Attn: John Cashin,
Corporate Trust and Agency Group Corporate Trust Division
(212) 250-6549 (302) 428-3375
ADMINISTRATOR SERVICER
- ------------- --------
Student Loan Marketing Association Sallie Mae Servicing Corporation
11600 Sallie Mae Drive 11600 Sallie Mae Drive
Reston, Virginia 20190-4798 Reston, Virginia 20193
Attn: Assistant Vice President, ATTN: Director ABS Administration
Corporate Finance Operations
(703) 810-7711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we,
the undersigned, hereby certify that (i) a review of the activities and
performance of the Administrator from January 1, 1999 through December 31, 1999
has been made under our supervision and (ii) to the best of our knowledge, based
on such review, the Administrator has fulfilled its obligations in all material
respects under the Agreement throughout such period.
December 31, 1999
STUDENT LOAN MARKETING ASSOCIATION, AS ADMINISTRATOR
/S/ MARK G. OVEREND /S/ J. LANCE FRANKE
- -------------------- --------------------
Mark G. Overend, Chief Financial Officer J. Lance Franke, Authorized Agent
Student Loan Marketing Association Student Loan Marketing Association
35
SLM STUDENT LOAN TRUST 1998-1
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
- ----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street 1201 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Raymond Delli Colli, Attn: John Cashin,
Corporate Trust and Agency Group Corporate Trust Division
(212) 250-6549 (302) 428-3375
ADMINISTRATOR SERVICER
- ------------- --------
Student Loan Marketing Association Sallie Mae Servicing Corporation
11600 Sallie Mae Drive 11600 Sallie Mae Drive
Reston, Virginia 20190-4798 Reston, Virginia 20193
Attn: Assistant Vice President, ATTN: Director ABS Administration
Corporate Finance Operations
(703) 810-7711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we,
the undersigned, hereby certify that (i) a review of the activities and
performance of the Administrator from January 1, 1999 through December 31, 1999
has been made under our supervision and (ii) to the best of our knowledge, based
on such review, the Administrator has fulfilled its obligations in all material
respects under the Agreement throughout such period.
December 31, 1999
STUDENT LOAN MARKETING ASSOCIATION, AS ADMINISTRATOR
/S/ MARK G. OVEREND /S/ J. LANCE FRANKE
- -------------------- --------------------
Mark G. Overend, Chief Financial Officer J. Lance Franke, Authorized Agent
Student Loan Marketing Association Student Loan Marketing Association
36
SLM STUDENT LOAN TRUST 1998-2
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
- ----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street 1201 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Raymond Delli Colli, Attn: John Cashin,
Corporate Trust and Agency Group Corporate Trust Division
(212) 250-6549 (302) 428-3375
ADMINISTRATOR SERVICER
- ------------- --------
Student Loan Marketing Association Sallie Mae Servicing Corporation
11600 Sallie Mae Drive 11600 Sallie Mae Drive
Reston, Virginia 20190-4798 Reston, Virginia 20193
Attn: Assistant Vice President, ATTN: Director ABS Administration
Corporate Finance Operations
(703) 810-7711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we,
the undersigned, hereby certify that (i) a review of the activities and
performance of the Administrator from January 1, 1999 through December 31, 1999
has been made under our supervision and (ii) to the best of our knowledge, based
on such review, the Administrator has fulfilled its obligations in all material
respects under the Agreement throughout such period.
December 31, 1999
STUDENT LOAN MARKETING ASSOCIATION, AS ADMINISTRATOR
/S/ MARK G. OVEREND /S/ J. LANCE FRANKE
- -------------------- --------------------
Mark G. Overend, Chief Financial Officer J. Lance Franke, Authorized Agent
Student Loan Marketing Association Student Loan Marketing Association
37
SLM STUDENT LOAN TRUST 1999-1
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
- ----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street 1201 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Raymond Delli Colli, Attn: John Cashin,
Corporate Trust and Agency Group Corporate Trust Division
(212) 250-6549 (302) 428-3375
ADMINISTRATOR SERVICER
- ------------- --------
Student Loan Marketing Association Sallie Mae Servicing Corporation
11600 Sallie Mae Drive 11600 Sallie Mae Drive
Reston, Virginia 20190-4798 Reston, Virginia 20193
Attn: Assistant Vice President, ATTN: Director ABS Administration
Corporate Finance Operations
(703) 810-7711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we,
the undersigned, hereby certify that (i) a review of the activities and
performance of the Administrator from June 29, 1999 through December 31, 1999
has been made under our supervision and (ii) to the best of our knowledge, based
on such review, the Administrator has fulfilled its obligations in all material
respects under the Agreement throughout such period.
December 31, 1999
STUDENT LOAN MARKETING ASSOCIATION, AS ADMINISTRATOR
/S/ MARK G. OVEREND /S/ J. LANCE FRANKE
- -------------------- --------------------
Mark G. Overend, Chief Financial Officer J. Lance Franke, Authorized Agent
Student Loan Marketing Association Student Loan Marketing Association
38
SLM STUDENT LOAN TRUST 1999-2
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
- ----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street 1201 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Raymond Delli Colli, Attn: John Cashin,
Corporate Trust and Agency Group Corporate Trust Division
(212) 250-6549 (302) 428-3375
ADMINISTRATOR SERVICER
- ------------- --------
Student Loan Marketing Association Sallie Mae Servicing Corporation
11600 Sallie Mae Drive 11600 Sallie Mae Drive
Reston, Virginia 20190-4798 Reston, Virginia 20193
Attn: Assistant Vice President, ATTN: Director ABS Administration
Corporate Finance Operations
(703) 810-7711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"), we,
the undersigned, hereby certify that (i) a review of the activities and
performance of the Administrator from August 12, 1999 through December 31, 1999
has been made under our supervision and (ii) to the best of our knowledge, based
on such review, the Administrator has fulfilled its obligations in all material
respects under the Agreement throughout such period.
December 31, 1999
STUDENT LOAN MARKETING ASSOCIATION, AS ADMINISTRATOR
/S/ MARK G. OVEREND /S/ J. LANCE FRANKE
- -------------------- --------------------
Mark G. Overend, Chief Financial Officer J. Lance Franke, Authorized Agent
Student Loan Marketing Association Student Loan Marketing Association
39
SLM STUDENT LOAN TRUST 1999-3
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
- ----------------- -----------------------
Bankers Trust Company Chase Manhattan Bank Delaware
Four Albany Street 1201 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Raymond Delli Colli, Attn: John Cashin,
Corporate Trust and Agency Group Corporate Trust Division
(212) 250-6549 (302) 428-3375
ADMINISTRATOR SERVICER
- ------------- --------
Student Loan Marketing Association Sallie Mae Servicing Corporation
11600 Sallie Mae Drive 11600 Sallie Mae Drive
Reston, Virginia 20190-4798 Reston, Virginia 20193
Attn: Assistant Vice President, ATTN: Director ABS Administration
Corporate Finance Operations
(703) 810-7711
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Pursuant to Section 3.2 of the Administration Agreement (the "Agreement"),
we, the undersigned, hereby certify that (i) a review of the activities and
performance of the Administrator from December 28, 1999 through December 31,
1999 has been made under our supervision and (ii) to the best of our
knowledge, based on such review, the Administrator has fulfilled its
obligations in all material respects under the Agreement throughout such
period.
December 31, 1999
STUDENT LOAN MARKETING ASSOCIATION, AS ADMINISTRATOR
/S/ MARK G. OVEREND /S/ J. LANCE FRANKE
- -------------------- --------------------
Mark G. Overend, Chief Financial Officer J. Lance Franke, Authorized Agent
Student Loan Marketing Association Student Loan Marketing Association
40