Receivables [Abstract]
Allowance for credit losses and recorded investments in loans
Allowance for Credit Losses on Financing Receivables [Table Text Block]
Impaired financing receivables
Impaired Financing Receivables [Table Text Block]
Average recorded investment and interest income recognized for troubled debt restructuring loans
Average Recorded Investment And Interest Income Recognized For Troubled Debt Restructuring Loans [Table Text Block]
Average Recorded Investment And Interest Income Recognized For Troubled Debt Restructuring Loans [Table Text Block]
Age analysis of past due loans delinquencies
Past Due Financing Receivables [Table Text Block]
Modified loans accounts for troubled debt restructuring
Modified Loans Accounts For Troubled Debt Restructuring [Table Text Block]
Modified Loans Accounts For Troubled Debt Restructuring [Table Text Block]
Private education loan portfolio stratified by key credit quality indicators
Financing Receivable Credit Quality Indicators [Table Text Block]
Accrued interest receivable
Accrued Interest Receivable [Table Text Block]
Accrued interest receivable.
Total Interest Receivable
Accrued Interest Receivable On Private Education Loans
Accrued interest receivable on private education loans.
Greater Than 90 Days Past Due
Greater Than Ninety Days Past Due Accrued Interest Receivable
Greater than ninety days past due accrued interest receivable.
Allowance for Uncollectible Interest
Allowance For Uncollectible Accrued Interest
Allowance For Uncollectible Accrued Interest
Banking and Thrift [Abstract]
Schedule of deposits
Schedule of Deposits [Table Text Block]
Schedule of Deposits [Table Text Block]
Interest bearing deposits
Interest Bearing Deposits [Table Text Block]
[Table Text Block] for Interest Bearing Deposits [Table]
Fair Value Disclosures [Abstract]
Valuation of financial instruments that are marked-to-market on recurring basis
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Fair Values of financial assets and liabilities, including derivative financial instruments
Fair Value, by Balance Sheet Grouping [Table Text Block]
Regulatory Capital
Regulatory Capital Requirements under Banking Regulations [Text Block]
Equity [Abstract]
Schedule of Stock by Class [Table]
Schedule of Stock by Class [Table]
Class of Stock [Axis]
Class of Stock [Axis]
Class of Stock [Domain]
Class of Stock [Domain]
Common Stock
Common Stock [Member]
Class of Stock [Line Items]
Class of Stock [Line Items]
Common stock closing price (in dollars per share)
Share Price
Debt Disclosure [Abstract]
Securities Financing Transaction [Table]
Securities Financing Transaction [Table]
Variable Rate [Axis]
Variable Rate [Axis]
Variable Rate [Domain]
Variable Rate [Domain]
LIBOR
London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument [Axis]
Debt Instrument [Axis]
Debt Instrument, Name [Domain]
Debt Instrument, Name [Domain]
2015-B
Issuance 2015-B [Member]
Issuance 2015-B [Member]
2016-A
Issuance 2016-A [Member]
Issuance 2016-A [Member]
2016-B
Issuance 2016-B [Member]
Issuance 2016-B [Member]
2016-C
Issuance 2016-C [Member]
Issuance 2016-C [Member]
2017-A
Issuance 2017 - A [Member]
Issuance 2017 - A [Member]
Securities Financing Transaction [Line Items]
Securities Financing Transaction [Line Items]
Total Issued
Debt Instrument, Face Amount
Basis spread on variable rate
Derivative, Basis Spread on Variable Rate
Weighted Average Life (in years)
Debt Instrument, Weighted Average Life
Debt Instrument, Weighted Average Life
Total loan and accrued interest amount securitized at inception on-balance sheet term securitization
Loan Amount Securitized
Loan Amount Securitized
Percent of private loans indexed to LIBOR
Percent of Private Loans indexed to LIBOR
Percent of Private Loans indexed to LIBOR
Tier 1 of government guarantee (in percentage)
Tier One of Government Guarantee
Tier One of Government Guarantee
Tier 2 of government guarantee (in percentage)
Tier Two of Government Guarantee
Tier Two of Government Guarantee
Tier 3 of government guarantee (in percentage)
Tier Three of Government Guarantee
Tier Three of Government Guarantee
Estimated weighted average life of student loans (in years)
Estimated Weighted Average Life Of Student Loans
Estimated weighted average life of student loans.
Schedule of debt
Schedule of Debt [Table Text Block]
Schedule of securities financing transactions
Schedule of Securities Financing Transactions [Table Text Block]
Schedule of variable interest entities
Schedule of Variable Interest Entities [Table Text Block]
Statement of Stockholders' Equity [Abstract]
Statement [Table]
Statement [Table]
Series A Preferred Stock
Series A Preferred Stock [Member]
Series B Preferred Stock
Series B Preferred Stock [Member]
Statement [Line Items]
Statement [Line Items]
Preferred stock dividend rate (in dollars per share)
Preferred Stock, Dividend Rate, Per-Dollar-Amount
Fair Value Measurements
Fair Value Disclosures [Text Block]
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]
Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]
Derivative Instrument [Axis]
Derivative Instrument [Axis]
Derivative Contract [Domain]
Derivative Contract [Domain]
Interest rate swaps
Interest Rate Swap [Member]
Hedging Relationship [Axis]
Hedging Relationship [Axis]
Hedging Relationship [Domain]
Hedging Relationship [Domain]
Cash Flow
Cash Flow Hedging [Member]
Fair Value
Fair Value Hedging [Member]
Hedging Designation [Axis]
Hedging Designation [Axis]
Hedging Designation [Domain]
Hedging Designation [Domain]
Designated as Hedging Instrument
Designated as Hedging Instrument [Member]
Trading
Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivatives, Fair Value [Line Items]
Derivative Assets
Derivative Asset, Fair Value, Gross Asset
Derivative Liabilities
Derivative Liability, Fair Value, Gross Liability
Total net derivatives
Derivative Asset (Liability)
Derivative Asset (Liability)
Schedule of Accounts, Notes, Loans and Financing Receivable [Table]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table]
Class of Financing Receivable [Axis]
Class of Financing Receivable, Type [Axis]
Class of Financing Receivable [Domain]
Class of Financing Receivable, Type [Domain]
Student Loan
Student Loan [Member]
Financing Receivable Portfolio Segment [Axis]
Financing Receivable Portfolio Segment [Axis]
Financing Receivable Portfolio Segment [Domain]
Financing Receivable Portfolio Segment [Domain]
Consumer Portfolio Segment
Consumer Portfolio Segment [Member]
Financing Receivables, Period Past Due [Axis]
Financing Receivables, Period Past Due [Axis]
Financing Receivables, Period Past Due [Domain]
Financing Receivables, Period Past Due [Domain]
Loans delinquent 31-60 days
Financing Receivables 31 to 60 Days Past Due [Member]
Financing Receivables 31 to 60 Days Past Due [Member]
Loans delinquent 61-90 days
Financing Receivables, 61 to 90 Days Past Due [Member]
Financing Receivables, 61 to 90 Days Past Due [Member]
Loans delinquent, greater than 90 days
Financing Receivables, Greater Than 90 Days Past Due [Member]
Financing Receivables, Greater Than 90 Days Past Due [Member]
Receivable Type [Axis]
Receivable Type [Axis]
Receivable Type [Domain]
Receivable [Domain]
Troubled Debt Restructured Loans
Troubled Debt Restructured Loans [Member]
Troubled Debt Restructured Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts, Notes, Loans and Financing Receivable [Line Items]
TDR loans in in-school/grace/deferment
Loan Status In School Grace And Deferment Recorded Investment
Loan status in school grace and deferment recorded investment.
TDR loans in forbearance
Loan Status Forbearance Recorded Investment
Loan status forbearance recorded investment.
TDR loans in repayment and percentage of each status:
Loans In Repayment And Percentage Of Each Status [Abstract]
Loans in repayment and percentage of each status.
Loans current
Financing Receivable, Recorded Investment, Current
Loans delinquent
Financing Receivable, Recorded Investment, Past Due
Total TDR loans in repayment
Loans In Repayment
Total loans in repayment.
Total TDR loans, gross
Loans Gross
Total loans, gross
Loans current (as a percentage)
Loans In Repayment Current In Percentage
Loans in repayment current in percentage.
Loans delinquent (as a percentage)
Financing Receivable, Percent Past Due
Total TDR loans in repayment
Loans In Repayment In Percentage
Total loans in repayment, in percentage.
Dividends
Dividends
Amount of gain (loss) recognized in other comprehensive income (loss)
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax
Less: amount of (loss) gain reclassified in interest expense
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax
Total change in other comprehensive income (loss) for unrealized gains (losses) on derivatives, before income tax benefit
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax
Cash Flow Hedges
Fair Value Hedges
Notional values
Derivative, Notional Amount
Recorded Investment
Impaired Financing Receivable, Recorded Investment
Unpaid Principal Balance
Impaired Financing Receivable, Unpaid Principal Balance
Allowance
Impaired Financing Receivable, Related Allowance
Earnings Per Share [Abstract]
Earnings per Common Share
Earnings Per Share [Text Block]
Accounting Policies [Abstract]
Basis of Presentation
Basis of Accounting, Policy [Policy Text Block]
Consolidation
Consolidation, Policy [Policy Text Block]
Allowance for Loan Losses
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]
Troubled Debt Restructurings
Loans and Leases Receivable, Troubled Debt Restructuring Policy [Policy Text Block]
Derivative Accounting
Derivatives, Policy [Policy Text Block]
Stock-Based Compensation
Compensation Related Costs, Policy [Policy Text Block]
Deposits - interest bearing
Interest-bearing Deposit Liabilities
Deposits - non-interest bearing
Noninterest-bearing Deposit Liabilities
Total deposits
Deposits
Numerator:
Numerator [Abstract]
Numerator.
Net income
Net Income (Loss) Attributable to Parent
Preferred stock dividends
Preferred Stock Dividends, Income Statement Impact
Net income attributable to SLM Corporation common stock
Net Income (Loss) Available to Common Stockholders, Basic
Denominator:
Denominator [Abstract]
Denominator [Abstract]
Weighted average shares used to compute basic EPS (in shares)
Weighted Average Number of Shares Outstanding, Basic
Effect of dilutive securities:
Dilutive Securities, Effect on Basic Earnings Per Share [Abstract]
Dilutive effect of stock options, restricted stock and restricted stock units and Employee Stock Purchase Plan (ESPP) (in shares)
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements
Weighted average shares used to compute diluted EPS (in shares)
Weighted Average Number of Shares Outstanding, Diluted
Basic earnings per common share attributable to SLM Corporation (in dollars per share)
Earnings Per Share, Basic
Diluted earnings per common share attributable to SLM Corporation (in dollars per share)
Earnings Per Share, Diluted
Securities excluded from computation of EPS (in shares)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount
Income Statement [Abstract]
Interest income:
Investment Income, Interest and Dividend [Abstract]
Loans
Interest and Fee Income, Loans and Leases
Investments
Interest and Dividend Income, Securities, Operating, Available-for-sale
Cash and cash equivalents
Cash And Investments Interest Income Loss
Cash and investments interest income (loss).
Total interest income
Interest and Dividend Income, Operating
Interest expense:
Interest Expense [Abstract]
Deposits
Interest Expense, Deposits
Interest expense on short-term borrowings
Interest Expense, Short-term Borrowings
Interest expense on long-term borrowings
Interest Expense, Long-term Debt
Other interest expense
Interest Expense, Other
Total interest expense
Interest Expense
Net interest income
Interest Income (Expense), Net
Less: provisions for credit losses
Provision for Loan, Lease, and Other Losses
Net interest income after provisions for credit losses
Interest Income (Expense), after Provision for Loan Loss
Non-interest income:
Noninterest Income [Abstract]
Losses on derivatives and hedging activities, net
Gain (Loss) on Derivative Instruments, Net, Pretax
Other income
Noninterest Income, Other Operating Income
Total non-interest income
Noninterest Income
Non-interest expenses:
Operating Expenses [Abstract]
Compensation and benefits
Labor and Related Expense
FDIC assessment fees
Federal Deposit Insurance Corporation Premium Expense
Other operating expenses
Other Noninterest Expense
Total operating expenses
Operating Expenses
Acquired intangible asset amortization expense
Acquired Intangible Assets Impairment And Amortization Expense
Acquired intangible assets impairment and amortization expense.
Total non-interest expenses
Noninterest Expense
Income before income tax expense
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest
Income tax expense
Income Tax Expense (Benefit)
Net income
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
Average common shares outstanding (in shares)
Average common and common equivalent shares outstanding (in shares)
Allowance for Loan Losses
Allowance for Credit Losses [Text Block]
Schedule of Long-term Debt Instruments [Table]
Schedule of Long-term Debt Instruments [Table]
Private Education Loan securitization
Private Education Loan Securitization [Member]
Private Education Loan Securitization [Member]
ABCP borrowings
ABCP Borrowings [Member]
ABCP Borrowings [Member]
Debt Instrument [Line Items]
Debt Instrument [Line Items]
Short Term
Short-term Debt
Long Term
Long-term Debt
Total
Debt, Long-term and Short-term, Combined Amount
Schedule of compliance with regulatory capital requirements under banking regulations
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]
Document And Entity Information [Abstract]
Document and Entity Information [Abstract]
Document Type
Document Type
Amendment Flag
Amendment Flag
Document Period End Date
Document Period End Date
Document Fiscal Year Focus
Document Fiscal Year Focus
Document Fiscal Period Focus
Document Fiscal Period Focus
Trading Symbol
Trading Symbol
Entity Registrant Name
Entity Registrant Name
Entity Central Index Key
Entity Central Index Key
Current Fiscal Year End Date
Current Fiscal Year End Date
Entity Filer Category
Entity Filer Category
Entity Common Stock, Shares Outstanding (in shares)
Entity Common Stock, Shares Outstanding
Loans in-school/grace/deferment
Loans in forbearance
Loans in repayment and percentage of each status:
Loans current
Private Education Loans deferred origination costs
Net Unamortized Premium Or Discount
Net unamortized premium or discount on loans receivable.
Total Private Education Loans
Loans
Total loans.
Private Education Loans allowance for losses
Loans and Leases Receivable, Allowance
Private Education Loans, net
Loans Receivable, Net
Percentage of Private Education Loans in repayment
Percentage Of Loans In Repayment
Percentage of loans in repayment.
Delinquencies as a percentage of Private Education Loans in repayment
Delinquencies As Percentage Of Loans In Repayment
Delinquencies as a percentage of loans in repayment.
Loans in forbearance as a percentage of Private Education Loans in repayment and forbearance
Loans In Forbearance As Percentage Of Loans In Repayment And Forbearance
Loans in forbearance as a percentage of loans in repayment and forbearance.
Borrowings
Debt Disclosure [Text Block]
Average Balance, Private Education Loans
Average balance of Private Education Loans
Average balance of Private Education Loans
Average Balance FFELP Loans
Average Balance Ffelp Loans
Average Balance Ffelp Loans
Average Balance of Personal Loans
Average Balance of Personal Loans
Average Balance of Personal Loans
Average Balance of Other Loans
Average Balance of Other Loans
Average Balance of Other Loans
Average balance, Total portfolio
Loans and Lease Receivable, Net, Average Balance
Loans and Lease Receivable, Net, Average Balance
Weighted Average Interest Rate, Other Loans
Weighted Average Interest Rate, Other Loans
Weighted Average Interest Rate, Other Loans
Weighted Average Interest Rate, Private Education Loans
Weighted Average Interest Rate of Private Education Loans
Weighted Average Interest Rate FFELP loans
Weighted Average Interest Rate Ffelp loans
Weighted Average Interest Rate of Personal Loans
Weighted Average Interest Rate of Personal Loans
Weighted Average Interest Rate of Personal Loans
Stockholders' Equity
Stockholders' Equity Note Disclosure [Text Block]
Derivative [Table]
Derivative [Table]
Balance Sheet Location [Axis]
Balance Sheet Location [Axis]
Balance Sheet Location [Domain]
Balance Sheet Location [Domain]
Other Liabilities
Other Liabilities [Member]
Derivative [Line Items]
Derivative [Line Items]
Other Assets
Derivative Asset [Abstract]
Gross position
Impact of master netting agreement
Derivative Asset, Fair Value, Gross Liability
Derivative values with impact of master netting agreements (as carried on balance sheet)
Derivative Asset
Cash collateral (held) pledged
Derivative, Collateral, Obligation to Return Cash
Net position
Derivative Asset, Fair Value, Amount Offset Against Collateral
Other Liabilities
Derivative Liability [Abstract]
Gross position
Impact of master netting agreement
Derivative Liability, Fair Value, Gross Asset
Derivative values with impact of master netting agreements (as carried on balance sheet)
Derivative Liability
Cash collateral (held) pledged
Derivative, Collateral, Right to Reclaim Cash
Net position
Derivative Liability, Fair Value, Amount Offset Against Collateral
Industry of Counterparty, Type [Axis]
Industry of Counterparty, Type [Axis]
Industry of Counterparty [Domain]
Industry of Counterparty [Domain]
FFELP Loans
Ffelp Loans [Member]
FFELP loans.
Private Education Loans
Private Education Loans [Member]
Private education loans.
Personal Loans
Personal Loans [Member]
Personal Loans [Member]
Allowance for Loan Losses
Allowance For Credit Losses [Abstract]
Allowance for credit losses.
Allowance at beginning of period
Total provision
Provision for Loan and Lease Losses
Net charge-offs:
Allowance for Loan and Lease Losses Write-offs, Net [Abstract]
Charge-offs
Allowance for Loan and Lease Losses, Write-offs
Recoveries
Allowance for Loan and Lease Loss, Recovery of Bad Debts
Net charge-offs
Allowance for Loan and Lease Losses Write-offs, Net
Loan sales
Allowance for Loan and Lease Losses, Loans Sold
Allowance at end of period
Allowance:
Allowance [Abstract]
Allowance.
Ending balance: individually evaluated for impairment
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment
Ending balance: collectively evaluated for impairment
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment
Loans:
Loans [Abstract]
Loans.
Ending balance: individually evaluated for impairment
Financing Receivable, Individually Evaluated for Impairment
Ending balance: collectively evaluated for impairment
Financing Receivable, Collectively Evaluated for Impairment
Net charge-offs as a percentage of average loans in repayment (annualized)
Charge Offs As Percentage Of Average Loans In Repayment
Charge offs as percentage of average loans in repayment.
Allowance as a percentage of the ending total loan balance
Allowance As Percentage Of Ending Loan Balance
Allowance as a percentage of the ending total loan balance.
Allowance as a percentage of the ending loans in repayment
Allowance As Percentage Of Ending Loans In Repayment
Allowance as a percentage of the ending loans in repayment.
Allowance coverage of net charge-offs (annualized)
Annualized Allowance On Private Education Loan Coverage Of Charge Offs
Annualized allowance on private education loan coverage of charge offs.
Ending total loans, gross
Allowance Coverage Of Charge Offs Ending Loans
Allowance coverage of charge-offs ending total loans.
Average loans in repayment
Allowance Coverage Of Charge Offs Average Loans In Repayment
Allowance coverage of charge offs average loans in repayment.
Ending loans in repayment
Allowance Coverage Of Charge Offs Ending Loans In Repayment
Allowance coverage of charge-offs Ending loans in repayment.
Shares repurchased related to employee stock-based compensation plans (in shares)
Stock Repurchased During Period, Shares
Average purchase price per share (in dollars per share)
Treasury Stock Acquired, Average Cost Per Share
Common shares issued (in shares)
Stock Issued During Period, Shares, New Issues
Loans Held for Investment
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
Equity Components [Axis]
Equity Components [Axis]
Equity Component [Domain]
Equity Component [Domain]
Preferred Stock
Preferred Stock [Member]
Treasury Stock
Treasury Stock [Member]
Additional Paid-In Capital
Additional Paid-in Capital [Member]
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent [Member]
Retained Earnings
Retained Earnings [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance (in shares)
Shares, Outstanding
Beginning Balance, shares issued (in shares)
Shares, Issued
Beginning Balance
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest
Net income
Other comprehensive income (loss), net of tax
Other Comprehensive Income (Loss), Net of Tax
Total comprehensive income
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest
Cumulative effect of the new stock compensation standard
Cumulative Effect of Adoption of New Stock Compensation Amendment
Cumulative Effect of Adoption of New Stock Compensation Amendment
Cash dividends:
Dividends, Cash [Abstract]
Cash dividends, preferred stock
Dividends, Preferred Stock, Cash
Dividend equivalent units related to employee stock-based compensation plans
Dividends, Share-based Compensation
Issuance of common shares (in shares)
Issuance of common shares
Stock Issued During Period, Value, New Issues
Tax benefit related to employee stock-based compensation
Adjustment to Additional Paid in Capital, Income Tax Effect from Share-based Compensation, Net
Stock-based compensation expense
Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition
Shares repurchased related to employee stock-based compensation plans (in shares)
Shares Paid for Tax Withholding for Share Based Compensation
Shares repurchased related to employee stock-based compensation plans
Adjustments Related to Tax Withholding for Share-based Compensation
Ending Balance (in shares)
Ending Balance, shares issued (in shares)
Ending Balance
Commitments and Contingencies Disclosure [Abstract]
Commitments, Contingencies and Guarantees
Commitments and Contingencies Disclosure [Text Block]
Related Party Transactions [Abstract]
Deferred taxes to be indemnified
Deferred Tax Liabilities, Net
Amount remaining
Deferred Tax Assets, Amount Remaining
Deferred Tax Assets, Amount Remaining
Remaining balance of indemnification receivable in connection with the spin-off
Deferred Tax Assets, Remaining Balance of Indemnification Receivable In Connection with The Spin-Off
Deferred Tax Assets, Remaining Balance of Indemnification Receivable In Connection with The Spin-Off
Liability for uncertainty in income taxes
Liability for Uncertainty in Income Taxes, Current
Liability for uncertainty in income taxes relating to historical transactions
Liability for Uncertainty in Income Taxes, Noncurrent
Actual
Capital [Abstract]
Common Equity Tier I Capital (to Risk-Weighted Assets)
common equity tier 1 capital
common equity tier 1 capital
Tier 1 Capital (to Risk-Weighted Assets)
Tier One Risk Based Capital
Total Capital (to Risk-Weighted Assets)
Capital
Tier 1 Capital (to Average Assets)
Tier One Leverage Capital
Actual Ratio
Risk Based Ratios [Abstract]
Common Equity Tier I Capital (to Risk-Weighted Assets)
Common Equity Tier 1 to Risk Weighted Assets
Common Equity Tier 1 to Risk Weighted Assets
Tier 1 Capital (to Risk-Weighted Assets)
Tier One Risk Based Capital to Risk Weighted Assets
Total Capital (to Risk-Weighted Assets)
Capital to Risk Weighted Assets
Tier 1 Capital (to Average Assets)
Tier One Leverage Capital to Average Assets
Well Capitalized Regulatory Requirements, Amount
Tier One Leverage Capital [Abstract]
Common Equity Tier I Capital (to Risk-Weighted Assets)
common equity capital required to be well capitalized
common equity capital required to be well capitalized
Tier 1 Capital (to Risk-Weighted Assets)
Tier One Risk Based Capital Required to be Well Capitalized
Total Capital (to Risk-Weighted Assets)
Capital Required to be Well Capitalized
Tier 1 Capital (to Average Assets)
Tier One Leverage Capital Required to be Well Capitalized
Well Capitalized Regulatory Requirements, Ratio
Leverage Ratios [Abstract]
Common Equity Tier I Capital (to Risk-Weighted Assets)
Common Equity Capital Required to Be Well Capitalized Percent
Common Equity Capital Required to Be Well Capitalized Percent
Tier 1 Capital (to Risk-Weighted Assets)
Tier One Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets
Total Capital (to Risk-Weighted Assets)
Capital Required to be Well Capitalized to Risk Weighted Assets
Tier 1 Capital (to Average Assets)
Tier One Leverage Capital Required to be Well Capitalized to Average Assets
Collateral [Axis]
Collateral [Axis]
Collateral [Domain]
Collateral [Domain]
1-12 payments
Seasoning Based On Monthly Scheduled Payments Due From One To Twelve Payments [Member]
Seasoning Based On Monthly Scheduled Payments Due From One To Twelve Payments [Member]
13-24 payments
Seasoning Based On Monthly Scheduled Payments Due From Thirteen To Twenty Four Payments [Member]
Seasoning Based On Monthly Scheduled Payments Due From Thirteen To Twenty Four Payments [Member]
25-36 payments
Seasoning Based On Monthly Scheduled Payments Due From Twenty Five To Thirty Six Payments [Member]
Seasoning Based On Monthly Scheduled Payments Due From Twenty Five To Thirty Six Payments [Member]
37-48 payments
Seasoning Based On Monthly Scheduled Payments Due From Thirty Seven To Forty Eight Payments [Member]
Seasoning Based On Monthly Scheduled Payments Due From Thirty Seven To Forty Eight Payments [Member]
More than 48 payments
Seasoning Based On Monthly Scheduled Payments Due From More Than Forty Eight Payments [Member]
Seasoning Based On Monthly Scheduled Payments Due From More Than Forty Eight Payments [Member]
Not yet in repayment
Seasoning Based On Monthly Scheduled Payments Due From Not Yet In Repayment [Member]
Seasoning Based On Monthly Scheduled Payments Due From Not Yet In Repayment [Member]
Credit Score, FICO [Axis]
Credit Score, FICO [Axis]
Credit Score, FICO [Domain]
Credit Score, FICO [Domain]
FICO score less than 670
FICO score less than 670 [Member]
FICO score less than 670 [Member]
FICO score 670-699
FICO score 670-699 [Member]
FICO score 670-699 [Member]
FICO score 700-749
FICO score 700-749 [Member]
FICO score 700-749 [Member]
FICO score greater than or equal to 750
FICO score greater than 750 [Member]
FICO score greater than 750 [Member]
Credit Quality Indicators [Axis]
Credit Quality Indicators [Axis]
Credit Quality Indicators [Axis]
Credit Quality Indicators [Domain]
Credit Quality Indicators [Domain]
Credit Quality Indicators [Domain]
With Cosigner
With Cosigner [Member]
With Cosigner [Member]
Without Cosigner
Without Cosigner [Member]
Without Cosigner [Member]
Cosigners
Cosigner [Member]
Cosigner credit quality indicators that are developed and used internally by the company.
School Type/FICO Scores
School Fico [Member]
School type fico credit quality indicators that are developed and used internally by the company.
Seasoning
Repayments [Member]
Repayments credit quality indicators that are developed and used internally by the company.
Private Education Loans
Private Education Loans Gross
Private education loans gross.
Private Education Loans with cosigner (in percentage)
Percent Of Private Loans With Cosigner
Percent of private loans with cosigner.
Private Education Loans without cosigner (in percentage)
Percent Of Private Loans Without Cosigner
Percent of private loans without cosigner.
Private Education Loans At Origination
Private Education Loans At Origination
Private Education Loans At Origination
Total in percent
Private Education Loans Gross In Percent
Private education loans gross in percent.
Seasoning based on monthly scheduled payments due from 1-12 payments (in percentage)
Seasoning Based On Monthly Scheduled Payments Due From One To Twelve Payments In Percent
Seasoning based on monthly scheduled payments due from one to twelve payments in percent.
Seasoning based on monthly scheduled payments due from 13 - 24 payments (in percentage)
Seasoning Based On Monthly Scheduled Payments Due From Thirteen To Twenty Four Payments In Percent
Seasoning based on monthly scheduled payments due from thirteen to twenty four payments in percent.
Seasoning based on monthly scheduled payments due from 25 - 36 payments (in percentage)
Seasoning Based On Monthly Scheduled Payments Due From Twenty Five To Thirty Six Payments In Percent
Seasoning based on monthly scheduled payments due from thirteen to twenty four payments in percent
Seasoning based on monthly scheduled payments due from 37 - 48 payments (in percentage)
Seasoning Based On Monthly Scheduled Payments Due From Thirty Seven To Forty Eight Payments In Percent
Seasoning based on monthly scheduled payments due from thirty seven to forty eight payments in percent.
Seasoning based on monthly scheduled payments due from more than 48 payments (in percentage)
Seasoning Based On Monthly Scheduled Payments Due From More Than Forty Eight Payments In Percent
Seasoning based on monthly scheduled payments due from more than forty eight payments in percent
Seasoning based on monthly scheduled payments due from not yet in repayment (in percentage)
Seasoning Based On Monthly Scheduled Payments Due From Not Yet In Repayment In Percent
Seasoning based on monthly scheduled payments due from not yet in repayment in percent
Subsequent Events [Abstract]
Subsequent Event [Table]
Subsequent Event [Table]
Long-term Debt, Type [Axis]
Long-term Debt, Type [Axis]
Long-term Debt, Type [Domain]
Long-term Debt, Type [Domain]
Senior Notes
Senior Notes [Member]
Subsequent Event Type [Axis]
Subsequent Event Type [Axis]
Subsequent Event Type [Domain]
Subsequent Event Type [Domain]
Subsequent Event
Subsequent Event [Member]
Senior Unsecured Notes Due April 2022
Senior Unsecured Notes Due April 5, 2022 [Member]
Senior Unsecured Notes Due April 5, 2022 [Member]
Subsequent Event [Line Items]
Subsequent Event [Line Items]
Unsecured offering issued
Interest rate stated percentage
Debt Instrument, Interest Rate, Stated Percentage
Redemption price percentage
Preferred Stock, Dividend Rate, Percentage
Modified Loans
Modified Loans
Modified Loans
Charge-offs
Charge Offs In TDR Portfolio
Charge Offs In TDR Portfolio
Payment- Default
Troubled Debt Restructurings Payment Default
Troubled Debt Restructurings Payment Default
Deposits
Deposit Liabilities Disclosures [Text Block]
Significant Accounting Policies
Significant Accounting Policies [Text Block]
Derivative Financial Instruments
Derivative Instruments and Hedging Activities Disclosure [Text Block]
Line of Credit Facility [Table]
Line of Credit Facility [Table]
Range [Axis]
Range [Axis]
Range [Domain]
Range [Domain]
Minimum
Minimum [Member]
Maximum
Maximum [Member]
Class A Notes
Class A Notes [Member]
Class A Notes [Member]
Class A and B Notes
Class A and B Notes [Member]
Class A and B Notes [Member]
Private Education Loans, 2016 Term A
Private Education Loans, 2016 Term A [Member]
Private Education Loans, 2016 Term A [Member]
Credit Facility [Axis]
Credit Facility [Axis]
Credit Facility [Domain]
Credit Facility [Domain]
Commercial Paper
Commercial Paper [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility [Line Items]
Private asset backed commercial paper education loan funding facility
Line of Credit Facility, Maximum Borrowing Capacity
Ownership interest percentage in residual interest in ABCP facility
Ownership Interest Percentage
Ownership Interest Percentage
Financing cost percentage of unused borrowing capacity
Debt Instrument, Unused Borrowing Capacity Fee, Percentage
Debt Instrument, Unused Borrowing Capacity Fee, Percentage
Basis spread on variable rate
Debt Instrument, Basis Spread on Variable Rate
Short-term borrowings
Total loan amount securitized at inception
Principal Amount Outstanding on Loans Held-for-sale or Securitization or Asset-backed Financing Arrangement
Amount of loan securitization sold to third parties
Continuing Involvement with Transferred Financial Assets, Principal Amount Outstanding
Ownership interest percentage
Loans Securitized or Asset-Backed Financing Arrangement, Ownership Interest, Percentage
Loans Securitized or Asset-Backed Financing Arrangement, Ownership Interest, Percentage
Proceeds from loan securitization sold to third parties
Proceeds from Issuance of Unsecured Debt
Loans pledged as collateral
Loans Pledged as Collateral
Uncommitted federal funds
Uncommitted Federal Funds
Uncommitted Federal Funds
Lendable value of collateral
Lendable value of collateral
Lendable value of collateral
Amount
Interest-bearing Deposit Liabilities, Domestic, by Component [Abstract]
Money market
Interest-bearing Domestic Deposit, Money Market
Savings
Interest-bearing Domestic Deposit, Savings
Certificates of deposit
Interest-bearing Domestic Deposit, Time Deposits
Deposits - interest bearing
Weighted Average Stated Rate
Weighted Average Rate Domestic Deposit Liabilities [Abstract]
Money market
Weighted Average Rate Domestic Deposit, Money Market
Savings
Weighted Average Rate Domestic Deposit, Savings
Certificates of deposit
Weighted Average Rate Domestic Deposit, Time Deposits
Loss Contingencies [Table]
Loss Contingencies [Table]
Loss Contingencies [Line Items]
Loss Contingencies [Line Items]
Contractual obligation
Contractual Obligation
Other liabilities reserve
Other Liabilities Reserve
Other Liabilities Reserve
Loss contingency, loss emergence period
Loss Contingency, Loss Emergence Period
Loss Contingency, Loss Emergence Period
Number of attorneys general
Number of Attorneys General
Number of Attorneys General
Average Recorded Investment
Impaired Financing Receivable, Average Recorded Investment
Interest Income Recognized
Impaired Financing Receivable, Interest Income, Cash Basis Method
Period of forbearance within twenty-four month period to be classified as TDR (more than)
Loans and Leases Receivable, Period of Forbearance Within Twenty-Four Month Period to be Classified as TDR
Loans and Leases Receivable, Period of Forbearance Within Twenty-Four Month Period to be Classified as TDR
Period after grace period for forbearance allowance
Loans and Leases Receivable, Period After Grace Period for Forbearance Allowance
Loans and Leases Receivable, Period After Grace Period for Forbearance Allowance
Forbearance period after grace period
Loans and Leases Receivable, Forbearance Period after Grace Period
Loans and Leases Receivable, Forbearance Period after Grace Period
Percentage of loans granted forbearance qualified as TDR
Loans and Leases Receivable, Impaired, Loans Granted Forbearance Qualified as Trouble Debt Restructuring
Loans and Leases Receivable, Impaired, Loans Granted Forbearance Qualified as Trouble Debt Restructuring
Criteria for loans to be considered as nonperforming
Criteria For Loans To Be Considered As Nonperforming
Criteria for loans to be considered as nonperforming.
Tier 1 of government guarantee (at least) (in percentage)
TDR payment default period
Payment Default Period For Troubled Debt Restructurings
Payment Default Period For Troubled Debt Restructurings
Period of loans past due that have accrued interest
Period of Loans Past Due That Have Accrued Interest
Period of Loans Past Due That Have Accrued Interest
Loans held for investment
Student Loan Portfolio By Program [Table Text Block]
Student loan portfolio by program.
Statement of Financial Position [Abstract]
Amortized cost
Available-for-sale Debt Securities, Amortized Cost Basis
Allowance for loan losses
Tax benefit for accumulated other comprehensive (loss) income
AOCI Tax, Attributable to Parent
Preferred stock, stated value (in dollars per share)
Preferred Stock, Par or Stated Value Per Share
Preferred stock shares authorized (in shares)
Preferred Stock, Shares Authorized
Preferred stock shares outstanding (in shares)
Preferred Stock, Shares Outstanding
Common stock par value (in dollars per share)
Common Stock, Par or Stated Value Per Share
Common stock, shares authorized (in shares)
Common Stock, Shares Authorized
Common stock shares issued (in shares)
Common Stock, Shares, Issued
Common stock held in treasury (in shares)
Treasury Stock, Shares
Chicago Mercantile Exchange
CHICAGO MERCANTILE EXCHANGE [Member]
London Clearing House
London Clearing House [Member]
London Clearing House [Member]
Contracts other than CME
Contracts Other Than Chicago Mercantile Exchange [Member]
Contracts Other Than Chicago Mercantile Exchange [Member]
Notional value
Derivative instruments
Increase (decrease) in fair value of collateral
Derivative Liability, Increase (Decrease) in Fair Value of Collateral
Derivative Liability, Increase (Decrease) in Fair Value of Collateral
Variation margin
Net position
Cash collateral (held) pledged
Percent of total notional derivative contracts
Derivative Instrument, Percent of Total Notional Derivative Contracts
Derivative Instrument, Percent of Total Notional Derivative Contracts
Net derivatives
Derivative Assets (Liabilities), at Fair Value, Net
Cash collateral held relative to derivative exposure
Derivative, Cash Collateral Held Relative to Derivative Exposure, Net
Derivative, Cash Collateral Held Relative to Derivative Exposure, Net
Cash collateral pledged
Derivative Instruments, Gain (Loss) [Table]
Derivative Instruments, Gain (Loss) [Table]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) [Line Items]
Fair Value Hedges
Gain (Loss) on Fair Value Hedges Recognized in Earnings [Abstract]
Hedge ineffectiveness gains (losses) recorded in earnings
Gain (Loss) on Fair Value Hedge Ineffectiveness, Net
Realized gains recorded in interest expense
Gain (Loss) from Components Excluded from Assessment of Fair Value Hedge Effectiveness, Net
Cash Flow Hedges
Effect of Cash Flow Hedges on Results of Operations [Abstract]
Hedge ineffectiveness losses recorded in earnings
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net
Realized losses recorded in interest expense
Gain (Loss) from Components Excluded from Assessment of Cash Flow Hedge Effectiveness, Net
Trading
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net [Abstract]
Interest reclassification
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Interest Reclassification
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Interest Reclassification
Realized (losses) gains recorded in earnings
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Hedge Ineffectiveness
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net, Hedge Ineffectiveness
Gain (loss) on derivatives, net
Derivative, Gain (Loss) on Derivative, Net
Deferred origination costs
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums
Allowance for loan losses
Allowance For Private Education Loans Losses
Allowance for private education loans losses.
Total Private Education Loans, net
Private Education Loans Net
Private education loans net.
FFELP Loans
Ffelp Loans
FFELP loans.
Unamortized acquisition costs, net
Ffelp origination fees, net
Ffelp origination fees, net
Allowance for loan losses
Ffelp Loan Allowance For Losses
FFELP loan allowance for losses.
Total FFELP Loans, net
Ffelp Loans Net
FFELP loans, net.
Personal Loans
Loans and Leases Receivable, Personal Loans
Loans and Leases Receivable, Personal Loans
Allowance for loan losses
Loans and Leases Receivable, Allowance for Loan Losses
Loans and Leases Receivable, Allowance for Loan Losses
Total Personal Loans, net
Loans and Leases Receivable, Personal Loans, Total
Loans and Leases Receivable, Personal Loans, Total
Loans held for investment, net
Loans and Leases Receivable, Net Amount
Schedule of earnings per share, basic and diluted
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Schedule of Error Corrections and Prior Period Adjustment Restatement [Table]
Schedule of Error Corrections and Prior Period Adjustment Restatement [Table]
Adjustments for New Accounting Pronouncements [Axis]
Adjustments for New Accounting Pronouncements [Axis]
Type of Adoption [Domain]
Type of Adoption [Domain]
Accounting Standards Update 2016-09
Accounting Standards Update 2016-09 [Member]
Accounting Standards Update 2016-09 [Member]
New Accounting Pronouncement, Early Adoption [Axis]
New Accounting Pronouncement, Early Adoption [Axis]
New Accounting Principles, Early Adoption [Domain]
New Accounting Principles, Early Adoption [Domain]
New Accounting Pronouncement, Early Adoption, Effect
New Accounting Pronouncement, Early Adoption, Effect [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Benefit in income tax expense due to new standard
Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit, Amount
Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit, Amount
Cumulative effect adjustment to retained earnings
Cumulative Effect of New Accounting Principle in Period of Adoption
Statement of Comprehensive Income [Abstract]
Net income
Other comprehensive income (loss):
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest [Abstract]
Unrealized (losses) gains on investments
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, before Tax
Unrealized gains (losses) on cash flow hedges
Total unrealized gains (losses)
Other Comprehensive Income (Loss), before Tax
Income tax (expense) benefit
Other Comprehensive Income (Loss), Tax
Other comprehensive income (loss), net of tax (expense) benefit
Total comprehensive income
Comprehensive Income (Loss), Net of Tax, Attributable to Parent
Subsequent Event
Subsequent Events [Text Block]
Stable interest-bearing deposits, total
Stable Interest-bearing Deposits, Total
Stable Interest-bearing Deposits, Total
Brokered deposit placement fee
Brokered Deposit Placement Fee
Brokered Deposit Placement Fee
Third party broker fees paid
Third Party Broker Fees Paid
Third Party Broker Fees Paid
Deposits exceeding FDIC insurance limits
Time Deposits, $100,000 or More
Accrued interest on deposits
Interest Payable, Current
Fair Value, by Balance Sheet Grouping [Table]
Fair Value, by Balance Sheet Grouping [Table]
Measurement Basis [Axis]
Measurement Basis [Axis]
Fair Value Measurement [Domain]
Fair Value Measurement [Domain]
Portion at Fair Value Measurement [Member]
Portion at Fair Value Measurement [Member]
Fair Value
Estimate of Fair Value Measurement [Member]
Carrying Value
Reported Value Measurement [Member]
Liability Class [Axis]
Liability Class [Axis]
Fair Value by Liability Class [Domain]
Fair Value by Liability Class [Domain]
Money-market and savings accounts
Money Market and Savings Accounts [Member]
Money Market and Savings Accounts [Member]
Certificates of deposit
Certificates of Deposit [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Earning assets
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]
Loans held for investment, net
Loans Receivable, Fair Value Disclosure
Loans held for investment, net, difference
Loans Receivable, Fair Value Disclosure, Difference Between Carrying Value and Fair Value
Loans Receivable, Fair Value Disclosure, Difference
Cash and cash equivalents
Cash and Cash Equivalents, Fair Value Disclosure
Available-for-sale investments
Investments, Fair Value Disclosure
Accrued interest receivable
Accrued Interest Receivable, Fair Value Disclosure
Accrued Interest Receivable, Fair Value Disclosure
Tax indemnification receivable
Income Taxes Receivable
Derivative instruments
Total earning assets
Assets, Fair Value Disclosure
Total earning assets, difference
Assets, Fair Value Disclosure, Difference Between Carrying Value and Fair Value
Assets, Fair Value Disclosure, Difference Between Carrying Value and Fair Value
Interest-bearing liabilities
Financial Instruments, Financial Liabilities, Balance Sheet Groupings [Abstract]
Deposits
Deposits, Fair Value Disclosure
Certificates of deposit, difference
Deposits, Fair Value Disclosure, Difference Between Carrying Value and Fair Value
Deposits, Fair Value Disclosure, Difference Between Carrying Value and Fair Value
Short-term borrowings
Short-term Debt, Fair Value
Long-term borrowings
Long-term Debt, Fair Value
Long-term borrowings, difference
Long-term Debt, Fair Value, Difference Between Carrying Value and Fair Value
Long-term Debt, Fair Value, Difference Between Carrying Value and Fair Value
Accrued interest payable
Accrued Liabilities, Fair Value Disclosure
Total interest-bearing liabilities
Financial Liabilities Fair Value Disclosure
Total interest-bearing liabilities, difference
Financial Liabilities Fair Value Disclosure, Difference Between Carrying Value and Fair Value
Financial Liabilities Fair Value Disclosure, Difference Between Carrying Value and Fair Value
Excess of net asset fair value over carrying value
Excess Of Net Asset Fair Value Over Carrying Value
Excess of net asset fair value over carrying value.
Fair Value Measurements, Recurring and Nonrecurring [Table]
Fair Value Measurements, Recurring and Nonrecurring [Table]
Measurement Frequency [Axis]
Measurement Frequency [Axis]
Fair Value, Measurement Frequency [Domain]
Fair Value, Measurement Frequency [Domain]
Fair Value Measurements Recurring
Fair Value, Measurements, Recurring [Member]
Fair Value, Hierarchy [Axis]
Fair Value, Hierarchy [Axis]
Fair Value, Measurements, Fair Value Hierarchy [Domain]
Fair Value Hierarchy [Domain]
Level 1
Fair Value, Inputs, Level 1 [Member]
Level 2
Fair Value, Inputs, Level 2 [Member]
Level 3
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets
Assets, Fair Value Disclosure [Abstract]
Available-for-sale investments
Available-for-sale Securities, Debt Securities
Liabilities
Liabilities, Fair Value Disclosure [Abstract]
Derivative instruments
Variable Interest Entities [Axis]
Variable Interest Entities [Axis]
Variable Interest Entity, Classification [Domain]
Variable Interest Entity, Classification [Domain]
Variable Interest Entity, Primary Beneficiary
Variable Interest Entity, Primary Beneficiary [Member]
ABCP Facility
Debt Outstanding
Debt, Long-term and Short-term, Combined Amount [Abstract]
Carrying Amount of Assets Securing Debt Outstanding
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net [Abstract]
Loans
Carrying Amount Of Assets Securing Debt Outstanding Loans
Carrying Amount Of Assets Securing Debt Outstanding Loans
Restricted Cash
Restricted Cash and Investments
Other Assets
Other Assets
Total
Variable Interest Entity, Consolidated, Carrying Amount, Assets
Assets
Assets [Abstract]
Cash and cash equivalents
Cash and Cash Equivalents, at Carrying Value
Available-for-sale investments at fair value (cost of $221,265 and $211,406, respectively)
Loans held for investment (net of allowance for losses of $187,086 and $184,701, respectively)
Restricted cash and investments
Other interest-earning assets
Other Interest Earning Assets
Accrued interest receivable
Interest Receivable
Premises and equipment, net
Property, Plant and Equipment, Net
Other assets
Total assets
Assets
Liabilities
Liabilities [Abstract]
Deposits
Long-term borrowings
Income taxes payable, net
Taxes Payable
Upromise member accounts
Upromise related liability
Upromise related liability
Other liabilities
Other Liabilities
Total liabilities
Liabilities
Commitments and contingencies
Commitments and Contingencies
Equity
Stockholders' Equity Attributable to Parent [Abstract]
Preferred stock value outstanding
Preferred Stock, Value, Outstanding
Common stock, par value $0.20 per share, 1.125 billion shares authorized: 440.4 million and 436.6 million shares issued, respectively
Common Stock, Value, Issued
Additional paid-in capital
Additional Paid in Capital
Accumulated other comprehensive loss (net of tax benefit of $4,132 and $5,364, respectively)
Accumulated Other Comprehensive Income (Loss), Net of Tax
Retained earnings
Retained Earnings (Accumulated Deficit)
Total SLM Corporation stockholders’ equity before treasury stock
Stockholders' Equity Attributable to Parent, Excluding Treasury Stock
Stockholders' Equity Attributable to Parent, Excluding Treasury Stock
Less: Common stock held in treasury at cost: 9.3 million and 7.7 million shares, respectively
Treasury Stock, Value
Total equity
Total liabilities and equity
Liabilities and Equity
Impact of derivatives on the consolidated balance sheet
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
Offsetting assets
Offsetting Assets [Table Text Block]
Offsetting liabilities
Offsetting Liabilities [Table Text Block]
Schedule of notional amounts of outstanding derivative positions
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]
Derivative instruments, gain (loss)
Derivative Instruments, Gain (Loss) [Table Text Block]
Schedule of derivative instruments, effect on other comprehensive income (loss)
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]
Arrangements with Navient Corporation
Related Party Transactions Disclosure [Text Block]
Statement of Cash Flows [Abstract]
Operating activities
Net Cash Provided by (Used in) Operating Activities [Abstract]
Adjustments to reconcile net income to net cash used in operating activities:
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Provisions for credit losses
Provision for Doubtful Accounts
Income tax expense
Deferred Income Tax Expense (Benefit)
Amortization of brokered deposit placement fee
Amortization of Brokered Deposit Placement
amortization of brokered deposit placement
Amortization of ABCP Facility upfront fee
Amortization of Upfront Loan Fees
Amortization of Upfront Loan Fees
Amortization of deferred loan origination costs and fees, net
Amortization of Deferred Loan Origination Fees, Net
Net amortization of discount on investments
Accretion (Amortization) of Discounts and Premiums, Investments
Interest income on tax indemnification receivable
Interest Income on Tax Indemnification Receivable
Interest Income on Tax Indemnification Receivable
Depreciation of premises and equipment
Depreciation
Amortization of acquired intangibles
Amortization of Intangible Assets
Stock-based compensation expense
Share-based Compensation
Unrealized losses on derivative and hedging activities, net
Unrealized Gain (Loss) on Derivatives
Other adjustments to net income, net
Other Noncash Income (Expense)
Changes in operating assets and liabilities:
Increase (Decrease) in Operating Assets [Abstract]
Increase in accrued interest receivable
Increase (Decrease) in Accrued Interest Receivable, Net
Decrease in restricted cash and investments, net
Increase (Decrease) in Restricted Cash
Increase in other interest-earning assets
Payments for (Proceeds from) Other Interest Earning Assets
Increase in other assets
Increase (Decrease) in Other Operating Assets
Decrease in income taxes payable, net
Increase (Decrease) in Income Taxes Payable
Increase in accrued interest payable
Increase (Decrease) in Interest Payable, Net
Increase in payable due to entity that is a subsidiary of Navient
Increase (Decrease) in Due to Related Parties
(Decrease) increase in other liabilities
Increase (Decrease) in Other Operating Liabilities
Total adjustments
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities
Total net cash used in operating activities
Net Cash Provided by (Used in) Operating Activities
Investing activities
Net Cash Provided by (Used in) Investing Activities [Abstract]
Loans acquired and originated
Student Loans acquired and originated
Student Loans acquired and originated
Net proceeds from sales of loans held for investment
Net proceeds from sales of student loans held for investment
Net proceeds from sales of student loans held for investment
Proceeds from claim payments
Proceeds from Claim payments
Proceeds from Claim payments
Net decrease in loans held for investment
Net (increase) decrease in loans held for investment
Net (increase) decrease in loans held for investment
Increase in restricted cash and investments - variable interest entities
Increase (Decrease) in Restricted Cash and Investments
Purchases of available-for-sale securities
Payments to Acquire Available-for-sale Securities
Proceeds from sales and maturities of available-for-sale securities
Proceeds from Sale and Maturity of Available-for-sale Securities
Total net cash used in investing activities
Net Cash Provided by (Used in) Investing Activities
Financing activities
Net Cash Provided by (Used in) Financing Activities [Abstract]
Brokered deposit placement fee
Cash paid for brokered deposit placement fee
Cash paid for brokered deposit placement fee
Net decrease in certificates of deposit
Net increase (decrease) in brokered certificates of deposit
Net increase (decrease) in brokered certificates of deposit
Net increase in other deposits
Net increase in NOW account deposits
Net increase in NOW account deposits
Borrowings collateralized by loans in securitization trusts - issued
Borrowings Collateralized By Loans In Trust Issued
Borrowings Collateralized By Loans In Trust Issued
Borrowings collateralized by loans in securitization trusts - repaid
Borrowings Collateralized By Loans In Trust Repaid
Borrowings Collateralized By Loans In Trust Repaid
Issuance costs for collateralized borrowings
Payments of Debt Issuance Costs
Borrowings under ABCP Facility
Proceeds from Issuance of Commercial Paper
Fees paid on ABCP Facility
Net Increase (Decrease) in Upfront Loan Fees
Net Increase (Decrease) in Upfront Loan Fees
Preferred stock dividends paid
Payments of Dividends
Net cash provided by financing activities
Net Cash Provided by (Used in) Financing Activities
Net decrease in cash and cash equivalents
Cash and Cash Equivalents, Period Increase (Decrease)
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period
Cash disbursements made for:
Supplemental Cash Flow Information [Abstract]
Interest
Interest Paid
Income taxes paid
Income Taxes Paid
Income taxes refunded
Proceeds from Income Tax Refunds
Schedule of common share repurchases
Class of Treasury Stock [Table Text Block]