Summary of SLM CORP - Yahoo! Finance

Item 5.07 Submission of Matters to a Vote of Security Holders.

SLM Corporation (the "Company") held its 2012 Annual Meeting of Shareholders on May 24, 2012. At the meeting, the following proposals were submitted to a vote of our shareholders, with the voting results indicated below:

Proposal 1 - Election of Directors. Our shareholders elected the following 15 directors to hold office until the 2013 annual meeting of shareholders and until their successors have been duly elected or appointed.

                                                                                   Broker
                                     For            Against        Abstain       Non-Votes
 Ann Torre Bates                  428,923,539       6,352,647       223,102       16,068,919
 William M. Diefenderfer, III     430,092,529       5,224,912       181,847       16,068,919
 Diane Suitt Gilleland            428,348,657       6,971,759       178,872       16,068,919
 Earl A. Goode                    429,871,446       5,446,036       181,806       16,068,919
 Ronald F. Hunt                   429,161,179       6,156,633       181,476       16,068,919
 Albert L. Lord                   429,782,823       5,535,729       180,736       16,068,919
 Barry A. Munitz                  429,797,791       5,522,110       179,387       16,068,919
 Howard H. Newman                 434,208,478       1,061,624       229,186       16,068,919
 A. Alexander Porter, Jr.         429,298,337       5,956,006       244,945       16,068,919
 Frank C. Puleo                   433,659,437       1,600,611       239,240       16,068,919
 Wolfgang Schoellkopf             428,520,148       6,742,250       236,890       16,068,919
 Steven L. Shapiro                429,497,070       5,821,878       180,340       16,068,919
 J. Terry Strange                 433,617,036       1,696,528       185,724       16,068,919
 Anthony P. Terracciano           433,279,625       2,016,278       203,385       16,068,919
 Barry L. Williams                430,670,284       4,647,721       181,283       16,068,919

Proposal 2 - Approval of SLM Corporation 2012 Omnibus Incentive Plan. Our shareholders approved the 2012 Omnibus Incentive Plan.

                                                                   Broker
                    For            Against         Abstain       Non-Votes
                 415,109,183       19,939,400       450,705       16,068,919

Proposal 3 - Approval of the Amended and Restated SLM Corporation Employee Stock Purchase Plan. Our shareholders approved the Amended and Restated Employee Stock Purchase Plan.

                                                                    Broker
                    For            Against         Abstain        Non-Votes
                 432,170,817       1,506,130       1,822,341       16,068,919

Proposal 4 - Advisory Vote on Executive Compensation. Our shareholders approved, by an advisory vote, the compensation of our named executive officers.

                                                                    Broker
                    For            Against         Abstain        Non-Votes
                 430,131,423       3,014,510       2,353,355       16,068,919

Proposal 5 - Ratification of the Appointment of KPMG LLP. Our shareholders ratified the appointment of KPMG LLP as our independent registered public accounting firm for the year ending December 31, 2012.

                                                                  Broker
                     For            Against        Abstain       Non-Votes
                  447,162,124       4,184,814       221,269               0