e424b3
 

SLM Corporation
Medium Term Notes, Series B

With Maturities of 9 Months or More from Date of Issue

         
Registration No. 333-90316        
Filed Pursuant to Rule 424(b)(3)        
Pricing Supplement No.  3   Trade Date:   2/3/03
(To Prospectus dated January 23, 2003 and   Issue Date:   2/6/03
Prospectus Supplement dated January 23, 2003)        
 
The date of this Pricing Supplement is 2/3/03        

 

    Stated                                                                                        
    Interest           Price to           Interest Payment           Subject to Redemption   Aggregate                
    Rate Per 1   Maturity   Public 2   Discounts &           First   Survivor's           Date and terms   Principal   Net   OID
CUSIP   Annum   Date   3    Commissions   Frequency   Payment   Option   Yes/No   of redemption   Amount   Proceeds   Status
 
 
 
 
 
 
 
 
 
 
 
 
78490FAB5
     4.750 %     3/15/13       100 %     1.250 %   Semi     09/15/03     Yes   No             574,000       566,825.00       N  

  1 The interest rates on the EdNotes may be changed by SLM Corporation from time to time, but any such change will not affect the interest rate on any EdNotes offered prior to the effective date of the change.
 
  2 Expressed as a percentage of aggregate principal amount.
 
  3 See “Supplemental Plan of Distribution” in the Prospectus supplement for additional information concerning price to public and underwriting compensation.