---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-039953"
form_type: "8-K"
ticker: "SLM"
cik: "0001032033"
company_name: "SLM Corp"
filed_at: "2024-09-10T23:59:59+00:00"
generated_at: "2026-05-31T05:33:39.353627+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sallie Mae Q3 peak-season update: Applications +6%, originations +10% through Aug 31

## Summary
- QTD application growth of 6% vs same period 2023; 71% of applications are new to company.
- QTD originations $1,654M vs $1,509M in 2023, a 10% increase.
- 91% cosigner rate on approved applications; average FICO at approval is 752.
- Management notes extension of peak volume through August, contrary to typical seasonal slowdown.
- Data is internal through August 31, 2024, not necessarily indicative of full Q3 results.

## SEC filing metadata
- accession: 0001628280-24-039953
- form_type: 8-K
- ticker: SLM
- cik: 0001032033
- company_name: SLM Corp
- filed_at: 2024-09-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1032033/000162828024039953/0001628280-24-039953-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1032033/000162828024039953/slm-20240910.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-039953
- JSON: https://secwatch.observer/filing/0001628280-24-039953.json
- Plain text: https://secwatch.observer/filing/0001628280-24-039953.txt

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