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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 21, 2002


SLM CORPORATION
(formerly known as USA Education, Inc.)
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  52-2013874
(I.R.S. Employer
Identification No.)

11600 Sallie Mae Drive, Reston, Virginia
(Address of principal executive offices)

 

20193
(Zip Code)

Registrant's telephone number, including area code: (703) 810-3000





Item 5.    REGULATION FD DISCLOSURE

        On August 21, 2002, SLM Corporation issued a press release stating that, in response to inquiries it has received, it has no interest in pursuing a transaction with Golden State Bancorp. The press release is attached as Exhibit 99.1 to this Report.


ITEM 7.    FINANCIAL STATEMENTS AND EXHIBITS



SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  SLM CORPORATION

 

By:

/s/  
JOHN F. REMONDI      
  Name: John F. Remondi
Dated: August 21, 2002 Title: Executive Vice President & Chief Financial Officer


INDEX TO EXHIBIT

Exhibit Number

  Exhibit
  Sequentially
Numbered Page

99.1   Press Release dated August 21, 2002   4



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SIGNATURES
INDEX TO EXHIBIT

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Exhibit 99.1

SallieMae   N E W S    R E L E A S E

FOR IMMEDIATE RELEASE Contact: Jim Boyle
703/810-5605

Statement on Golden State Bancorp

        RESTON, Va., Aug. 21, 2002—In response to inquiries, SLM Corp. (NYSE: SLM) stated today that it has no interest in pursuing a transaction with Golden State Bancorp.

* * *

Sallie Mae (NYSE: SLM) is the nation's leading provider of education funding, managing nearly $76 billion in student loans for more than seven million borrowers. The company primarily provides federally guaranteed student loans originated under the Federal Family Education Loan Program (FFELP), and offers comprehensive information and resources to guide students, parents and guidance professionals through the financial aid process. The company was founded in 1972 as a government-sponsored enterprise (GSE) called the Student Loan Marketing Association, and began the privatization process in 1997. Since then, Sallie Mae's parent company name has changed, most recently to SLM Corporation (effective May 17, 2002). Through its specialized subsidiaries and divisions, the company also provides an array of consumer credit loans, including those for lifelong learning and K-12 education, and business and technical outsourcing services for colleges and universities. More information is available at www.salliemae.com. SLM Corporation and its subsidiaries, other than the Student Loan Marketing Association, are not sponsored by or agencies of the United States.

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