SLM student loan trust 2006-2


 
$222,000,000 Class A-1 Student Loan-Backed Notes
$443,000,000 Class A-2 Student Loan-Backed Notes
$229,000,000 Class A-3 Student Loan-Backed Notes
$523,000,000 Class A-4 Student Loan-Backed Notes
$395,772,000 Class A-5 Student Loan-Backed Notes
$1,200,000,000 Class A-6 Student Loan-Backed Notes
$93,179,000 Class B Student Loan-Backed Notes

Quarterly Distribution Report
Quarterly Distribution Factors
Current Rates
Prospectus
Historical Reports

Date of Issue:   February 23, 2006

Issue Amount:   $3,105,951,000

Securities Offered:
Class A-1 Floating Rate Asset-Backed Notes
Rate:  Three Month LIBOR - .03%
CUSIP:  78442GRR9

Class A-2 Floating Rate Asset-Backed Notes
Rate:  Three Month LIBOR + .00%
CUSIP:  78442GRS7

Class A-3 Floating Rate Asset-Backed Notes
Rate:  Three Month LIBOR + .04%
CUSIP:  78442GRT5

Class A-4 Floating Rate Asset-Backed Notes
Rate:  Three Month LIBOR + .09%
CUSIP:  78442GRU2

Class A-5 Floating Rate Asset-Backed Notes
Rate:  Three Month LIBOR + .11%
CUSIP:  78442GRV0

Class A-6 Floating Rate Asset-Backed Notes
Rate:  Three Month LIBOR + .17%
CUSIP:  78442GRX6

Class B Floating Rate Asset-Backed Notes
Rate:  Three Month LIBOR + .22%
CUSIP:  78442GRY4

Servicer:
Sallie Mae, Inc.

Eligible Lender Trustee:
The Bank of New York Trust Company, N.A.

Indenture Trustee:
Deutsche Bank Trust Company Americas

Administrator:
Sallie Mae, Inc.

Luxembourg Paying Agent:
Deutsche Bank Luxembourg SA

Underwriters:
Deutsche Bank Securities
Merrill Lynch & Co.
Barclays Capital
Lehman Brothers
Wachovia Securities


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