---
schema_version: "secwatch.filing_event.v1"
accession: "0001032033-26-000018"
form_type: "8-K"
ticker: "SLM"
cik: "0001032033"
company_name: "SLM Corp"
filed_at: "2026-03-11T23:59:59+00:00"
generated_at: "2026-05-15T14:39:09.912423+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sallie Mae Bank reaches indicative terms for potential $2B loan portfolio sale

## Summary
- CEO Jon Witter announces potential sale of ~$2B private education loan portfolio at RBC conference.
- Expected close in Q1 2026, subject to definitive documentation, conditions, and approvals.
- Portfolio size approximately $2 billion; sale by wholly owned subsidiary Sallie Mae Bank.
- No assurance transaction will be consummated on current terms or at all.

## SEC filing metadata
- accession: 0001032033-26-000018
- form_type: 8-K
- ticker: SLM
- cik: 0001032033
- company_name: SLM Corp
- filed_at: 2026-03-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1032033/000103203326000018/0001032033-26-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1032033/000103203326000018/slm-20260311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001032033-26-000018
- JSON: https://secwatch.observer/filing/0001032033-26-000018.json
- Plain text: https://secwatch.observer/filing/0001032033-26-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.