EXHIBIT 19.1
SALLIE MAE STUDENT LOAN TRUST 1995-1
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1997
TO:INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank USA,
Four Albany Street, 10th Floor National Association
New York, New York 10006 1201 Market Street
Attn: Corporate Trust & Agency Group Wilmington, Delaware 19801
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, 1997 through December 31, 1997 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/ J. Barry Morrow
- -------------------------------------
J. Barry Morrow,
Vice President, Regional Servicing
/s/ John F. Wallerstedt
- -------------------------------------
John F. Wallerstedt,
Vice President and Treasurer
10
SALLIE MAE STUDENT LOAN TRUST 1996-1
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1997
TO:INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank USA,
Four Albany Street, 10th Floor National Association
New York, New York 10006 1201 Market Street
Attn: Corporate Trust & Agency Group Wilmington, Delaware 19801
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, 1997 through December 31, 1997 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/ J. Barry Morrow
- -------------------------------------
J. Barry Morrow,
Vice President, Regional Servicing
/s/ John F. Wallerstedt
- -------------------------------------
John F. Wallerstedt,
Vice President and Treasurer
11
SLM STUDENT LOAN TRUST 1996-2
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1997
TO:INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank USA,
Four Albany Street, 10th Floor National Association
New York, New York 10006 1201 Market Street
Attn: Corporate Trust & Agency Group Wilmington, Delaware 19801
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, 1997 through December 31, 1997 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/ J. Barry Morrow
- -------------------------------------
J. Barry Morrow,
Vice President, Regional Servicing
/s/ John F. Wallerstedt
- -------------------------------------
John F. Wallerstedt,
Vice President and Treasurer
12
SLM STUDENT LOAN TRUST 1996-3
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1997
TO:INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank USA,
Four Albany Street, 10th Floor National Association
New York, New York 10006 1201 Market Street
Attn: Corporate Trust & Agency Group Wilmington, Delaware 19801
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, 1997 through December 31, 1997 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/ J. Barry Morrow
- -------------------------------------
J. Barry Morrow,
Vice President, Regional Servicing
/s/ John F. Wallerstedt
- -------------------------------------
John F. Wallerstedt,
Vice President and Treasurer
13
SLM STUDENT LOAN TRUST 1996-4
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1997
TO:INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank USA,
Four Albany Street, 10th Floor National Association
New York, New York 10006 1201 Market Street
Attn: Corporate Trust & Agency Group Wilmington, Delaware 19801
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, 1997 through December 31, 1997 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/ J. Barry Morrow
- -------------------------------------
J. Barry Morrow,
Vice President, Regional Servicing
/s/ John F. Wallerstedt
- -------------------------------------
John F. Wallerstedt,
Vice President and Treasurer
14
SLM STUDENT LOAN TRUST 1997-1
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1997
TO:INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank USA,
Four Albany Street, 10th Floor National Association
New York, New York 10006 1201 Market Street
Attn: Corporate Trust & Agency Group Wilmington, Delaware 19801
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 March 20, 1997 through December 31, 1997 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/ J. Barry Morrow
- -------------------------------------
J. Barry Morrow,
Vice President, Regional Servicing
/s/ John F. Wallerstedt
- -------------------------------------
John F. Wallerstedt,
Vice President and Treasurer
15
SLM STUDENT LOAN TRUST 1997-2
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1997
TO:INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank USA,
Four Albany Street, 10th Floor National Association
New York, New York 10006 1201 Market Street
Attn: Corporate Trust & Agency Group Wilmington, Delaware 19801
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 18, 1997 through December 31, 1997 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/ J. Barry. Morrow
- -------------------------------------
J. Barry Morrow,
Vice President, Regional Servicing
/s/ John F. Wallerstedt
- -------------------------------------
John F. Wallerstedt,
Vice President and Treasurer
16
SLM STUDENT LOAN TRUST 1997-3
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1997
TO:INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank USA,
Four Albany Street, 10th Floor National Association
New York, New York 10006 1201 Market Street
Attn: Corporate Trust & Agency Group Wilmington, Delaware 19801
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 September 11, 1997 through December 31, 1997 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/ J. Barry. Morrow
- -------------------------------------
J. Barry Morrow,
Vice President, Regional Servicing
/s/ John F. Wallerstedt
- -------------------------------------
John F. Wallerstedt,
Vice President and Treasurer
17
SLM STUDENT LOAN TRUST 1997-4
OFFICER'S CERTIFICATE OF THE SERVICER
ANNUAL STATEMENT OF COMPLIANCE
AS OF DECEMBER 31, 1997
TO:INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank USA,
Four Albany Street, 10th Floor National Association
New York, New York 10006 1201 Market Street
Attn: Corporate Trust & Agency Group Wilmington, Delaware 19801
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 November 12, 1997 through December 31, 1997 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/ J. Barry. Morrow
- -------------------------------------
J. Barry Morrow,
Vice President, Regional Servicing
/s/ John F. Wallerstedt
- -------------------------------------
John F. Wallerstedt,
Vice President and Treasurer
18
SALLIE MAE STUDENT LOAN TRUST 1995-1
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank (USA)
Four Albany Street 1302 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: Manager, Trust
(212) 250-6549 Division
(302) 428-3375
ADMINISTRATOR
Student Loan Marketing Association SERVICER
11600 Sallie Mae Drive Sallie Mae Servicing
Reston, Virginia 20190-4798 Corporation
Attn: Assistant Vice President, Administration 11600 Sallie Mae Drive
Corporate Finance Operations Reston, Virginia 20193
(703) 810-7711 ATTN: Director ABS
- -------------------------------------------------------------------------------
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, 1997 through December 31,
1997 has been made, and (ii) to the best of our knowledge, the Administrator
has fulfilled its obligations under the Agreement throughout such period.
December 31, 1997
STUDENT LOAN MARKETING ASSOCIATION
/s/ J. Paul Carey
- -------------------------------------
J. Paul Carey
President
/s/ Mark G. Overend
- -------------------------------------
Mark G. Overend
Chief Financial Officer
19
SALLIE MAE STUDENT LOAN TRUST 1996-1
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank (USA)
Four Albany Street 1302 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: Manager, Trust
(212) 250-6549 Division
(302) 428-3375
ADMINISTRATOR
Student Loan Marketing Association SERVICER
11600 Sallie Mae Drive Sallie Mae Servicing
Reston, Virginia 20190-4798 Corporation
Attn: Assistant Vice President, Administration 11600 Sallie Mae Drive
Corporate Finance Operations Reston, Virginia 20193
(703) 810-7711 ATTN: Director ABS
- -------------------------------------------------------------------------------
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, 1997 through December 31,
1997 has been made, and (ii) to the best of our knowledge, the Administrator
has fulfilled its obligations under the Agreement throughout such period.
December 31, 1997
STUDENT LOAN MARKETING ASSOCIATION
/s/ J. Paul Carey
- -------------------------------------
J. Paul Carey
President
/s/ Mark G. Overend
- -------------------------------------
Mark G. Overend
Chief Financial Officer
20
SLM STUDENT LOAN TRUST 1996-2
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank (USA)
Four Albany Street 1302 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: Manager, Trust
(212) 250-6549 Division
(302) 428-3375
ADMINISTRATOR
Student Loan Marketing Association SERVICER
11600 Sallie Mae Drive Sallie Mae Servicing
Reston, Virginia 20190-4798 Corporation
Attn: Assistant Vice President, Administration 11600 Sallie Mae Drive
Corporate Finance Operations Reston, Virginia 20193
(703) 810-7711 ATTN: Director ABS
- -------------------------------------------------------------------------------
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, 1997 through December 31,
1997 has been made, and (ii) to the best of our knowledge, the Administrator
has fulfilled its obligations under the Agreement throughout such period.
December 31, 1997
STUDENT LOAN MARKETING ASSOCIATION
/s/ J. Paul Carey
- -------------------------------------
J. Paul Carey
President
/s/ Mark G. Overend
- -------------------------------------
Mark G. Overend
Chief Financila Officer
21
SLM STUDENT LOAN TRUST 1996-3
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank (USA)
Four Albany Street 1302 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: Manager, Trust
(212) 250-6549 Division
(302) 428-3375
ADMINISTRATOR
Student Loan Marketing Association SERVICER
11600 Sallie Mae Drive Sallie Mae Servicing
Reston, Virginia 20190-4798 Corporation
Attn: Assistant Vice President, Administration 11600 Sallie Mae Drive
Corporate Finance Operations Reston, Virginia 20193
(703) 810-7711 ATTN: Director ABS
- -------------------------------------------------------------------------------
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, 1997 through December 31,
1997 has been made, and (ii) to the best of our knowledge, the Administrator
has fulfilled its obligations under the Agreement throughout such period.
December 31, 1997
STUDENT LOAN MARKETING ASSOCIATION
/s/ J. Paul Carey
- -------------------------------------
J. Paul Carey
President
/s/ Mark G. Overend
- -------------------------------------
Mark G. Overend
Chief Financial Officer
22
SLM STUDENT LOAN TRUST 1996-4
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank (USA)
Four Albany Street 1302 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: Manager, Trust
(212) 250-6549 Division
(302) 428-3375
ADMINISTRATOR
Student Loan Marketing Association SERVICER
11600 Sallie Mae Drive Sallie Mae Servicing
Reston, Virginia 20190-4798 Corporation
Attn: Assistant Vice President, Administration 11600 Sallie Mae Drive
Corporate Finance Operations Reston, Virginia 20193
(703) 810-7711 ATTN: Director ABS
- -------------------------------------------------------------------------------
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, 1997 through December 31,
1997 has been made, and (ii) to the best of our knowledge, the Administrator
has fulfilled its obligations under the Agreement throughout such period.
December 31, 1997
STUDENT LOAN MARKETING ASSOCIATION
/s/ J. Paul Carey
- -------------------------------------
J. Paul Carey
President
/s/ Mark G. Overend
- -------------------------------------
Mark G. Overend
Chief Financial Officer
23
SLM STUDENT LOAN TRUST 1997-1
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank (USA)
Four Albany Street 1302 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: Manager, Trust
(212) 250-6549 Division
(302) 428-3375
ADMINISTRATOR
Student Loan Marketing Association SERVICER
11600 Sallie Mae Drive Sallie Mae Servicing
Reston, Virginia 20190-4798 Corporation
Attn: Assistant Vice President, Administration 11600 Sallie Mae Drive
Corporate Finance Operations Reston, Virginia 20193
(703) 810-7711 ATTN: Director ABS
- -------------------------------------------------------------------------------
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 March 20, 1997 through December 31, 1997
has been made, and (ii) to the best of our knowledge, the Administrator has
fulfilled its obligations under the Agreement throughout such period.
December 31, 1997
STUDENT LOAN MARKETING ASSOCIATION
/s/ J. Paul Carey
- -------------------------------------
J. Paul Carey
President
/s/ Mark G. Overend
- -------------------------------------
Mark G. Overend
Chief Financial Officer
24
SLM STUDENT LOAN TRUST 1997-2
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank (USA)
Four Albany Street 1302 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: Manager, Trust
(212) 250-6549 Division
(302) 428-3375
ADMINISTRATOR
Student Loan Marketing Association SERVICER
11600 Sallie Mae Drive Sallie Mae Servicing
Reston, Virginia 20190-4798 Corporation
Attn: Assistant Vice President, 11600 Sallie Mae Drive
Administration Reston, Virginia 20193
Corporate Finance Operations ATTN: Director ABS
(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 18, 1997 through December 31, 1997
has been made, and (ii) to the best of our knowledge, the Administrator has
fulfilled its obligations under the Agreement throughout such period.
December 31, 1997
STUDENT LOAN MARKETING ASSOCIATION
/s/ J. Paul Carey
- -------------------------------------
J. Paul Carey
President
/s/ Mark G. Overend
- -------------------------------------
Mark G. Overend
Chief Financial Officer
25
SLM STUDENT LOAN TRUST 1997-3
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank (USA)
Four Albany Street 1302 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: Manager, Trust
(212) 250-6549 Division
(302) 428-3375
ADMINISTRATOR
Student Loan Marketing Association SERVICER
11600 Sallie Mae Drive Sallie Mae Servicing
Reston, Virginia 20190-4798 Corporation
Attn: Assistant Vice President, Administration 11600 Sallie Mae Drive
Corporate Finance Operations Reston, Virginia 20193
(703) 810-7711 ATTN: Director ABS
- -------------------------------------------------------------------------------
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 September 11, 1997 through December 31,
1997 has been made, and (ii) to the best of our knowledge, the Administrator
has fulfilled its obligations under the Agreement throughout such period.
December 31, 1997
STUDENT LOAN MARKETING ASSOCIATION
/s/ J. Paul Carey
- -------------------------------------
J. Paul Carey
President
/s/ Mark G. Overend
- -------------------------------------
Mark G. Overend
Chief Financial Officer
26
SLM STUDENT LOAN TRUST 1997-4
OFFICER'S CERTIFICATE
INDENTURE TRUSTEE ELIGIBLE LENDER TRUSTEE
Bankers Trust Company Chase Manhattan Bank (USA)
Four Albany Street 1302 Market Street
New York, NY 10006 Wilmington, Delaware 19801
Attn: Corporate Trust & Agency Group Attn: Manager, Trust
(212) 250-6549 Division
(302) 428-3375
ADMINISTRATOR
Student Loan Marketing Association SERVICER
11600 Sallie Mae Drive Sallie Mae Servicing
Reston, Virginia 20190-4798 Corporation
Attn: Assistant Vice President, Administration 11600 Sallie Mae Drive
Corporate Finance Operations Reston, Virginia 20193
(703) 810-7711 ATTN: Director ABS
- -------------------------------------------------------------------------------
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 November 12, 1997 through December 31,
1997 has been made, and (ii) to the best of our knowledge, the Administrator
has fulfilled its obligations under the Agreement throughout such period.
December 31, 1997
STUDENT LOAN MARKETING ASSOCIATION
/s/ J. Paul Carey
- -------------------------------------
J. Paul Carey
President
/s/ Mark G. Overend
- -------------------------------------
Mark G. Overend
Chief Financial Officer
27