Pricing Supplement No. 6 dated February 3, 2003
(to Prospectus dated November 18, 2002
and Prospectus Supplement dated November 18, 2002)		   Filed under Rule 424(b)(3)
File No. 333-90316

SLM Corporation
Medium Term Notes, Series A
Due 9 Months or Longer From the Date of Issue

Principal Amount: $750,000,000   Floating Rate Notes: ý       Fixed Rate Notes: o

Original Issue Date:
February 10, 2003
 
Closing Date:
February 10, 2003
 
CUSIP Number:
78442F AM0

Maturity Date:
January 25, 2006
 
Option to Extend Maturity:
ý
 
No
 
Specified Currency:
U.S. Dollars

 
 
 
If Yes, Final Maturity Date:
o
 
Yes
 
 
 

Redeemable at the option of the Company:
 
ý
 
No
 
Redemption Price:
 
Not Applicable.
    o   Yes   Redemption Dates:   Not Applicable.
Repayment at the option of the Holder:   ý   No   Repayment Price:   Not Applicable.
    o   Yes   Repayment Dates:   Not Applicable.

Applicable to Floating Rate Notes Only:


Floating Rate Index:
 
 
 
 
 
 
 
 
    o   CD Rate   Index Maturity:   Three Months.
    o   Commercial Paper Rate        
    o   CMT Rate   Spread:   Plus 20 basis points (0.20%).
    o   Federal Funds Rate        
    ý   LIBOR Telerate   Initial Interest Rate:   TBD.
    o   LIBOR Reuters        
    o   Prime Rate   Interest Rate Reset Period:   Quarterly.
    o   91-Day Treasury Bill Rate        

Reset Date(s):
 
Each January 25th, April 25th, July 25th and October 25th during the term of the Notes, subject to adjustment in accordance with the following business day convention, beginning April 25, 2003.
 
Interest Payment Date(s):
 
Each January 25th, April 25th, July 25th and October 25th during the term of the Notes, subject to adjustment in accordance with the following business day convention, beginning April 25, 2003.
Banc of America Securities LLC
Credit Suisse First Boston
JPMorgan
Morgan Stanley		   Banc One Capital Markets, Inc.
Deutsche Bank Securities
Merrill Lynch & Co.
Salomon Smith Barney

UBS Warburg

February 3, 2003

Interest Determination Date:
 
2 London and New York Business Days prior to the related Reset Date.
 
Interest Period:
 
From and including the previous Interest Payment Date (or Original Issue Date, in the case of the first Interest Accrual Period) to but excluding the current Interest Payment Date (or Maturity Date, in the case of the last Interest Accrual Period).

Lock-in Period Start Date:
 
Not Applicable.
 
Accrual Method:
 
Actual/360.

Maximum Interest Rate:
 
Not Applicable.
 
Minimum Interest Rate:
 
Not Applicable.

Form:
 
Book-entry.

Denominations:
 
$1,000 minimum and integral multiples of $1,000 in excess thereof.

Trustee:
 
JPMorgan Chase Bank, formerly known as The Chase Manhattan Bank.

Agents:
 
The following agents are acting as underwriters in connection with this issuance.

Agents
 
Principal Amount of Notes
Salomon Smith Barney Inc.   $ 200,000,000
J.P. Morgan Securities Inc.     155,000,000
Banc of America Securities LLC     135,000,000
Morgan Stanley & Co. Incorporated     125,000,000
Credit Suisse First Boston LLC     50,000,000
Banc One Capital Markets, Inc.     25,000,000
UBS Warburg LLC     25,000,000
Deutsche Bank Securities Inc.     20,000,000
Merrill Lynch, Pierce, Fenner & Smith Incorporated     15,000,000
 
Total
 
$
750,000,000

Issue Price:
 
100%.

Agents' Commission:
 
0.06%.

Net Proceeds:
 
$749,550,000

CUSIP Number:
 
78442F AM0

ISIN Number:
 
US78442F AM05

Obligations of SLM Corporation and any subsidiary of SLM Corporation are not guaranteed by the full faith and credit of the United States of America. Neither SLM Corporation nor any subsidiary of SLM Corporation (other than Student Loan Marketing Association) is a government-sponsored enterprise or an instrumentality of the United States of America.