This Pricing Supplement replaces the Pricing Supplement filed on February 6, 2003.
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. 4 | 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 | ||||||||||||||||||||||||||||||||||||
78490FAD1 |
5.250 | % | 3/15/18 | 100 | % | 2.000 | % | Semi | 09/15/03 | Yes | Yes | Callable at 100% on 3/15/2006 and continuously thereafter with 5 days notice. | 1,642,000 | 1,609,160.00 | 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. |