<SEC-DOCUMENT>0000861177-24-000016.txt : 20241004
<SEC-HEADER>0000861177-24-000016.hdr.sgml : 20241004
<ACCEPTANCE-DATETIME>20241004154119
ACCESSION NUMBER:		0000861177-24-000016
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20241004

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SLM Corp
		CENTRAL INDEX KEY:			0001032033
		STANDARD INDUSTRIAL CLASSIFICATION:	PERSONAL CREDIT INSTITUTIONS [6141]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				522013874
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-51535
		FILM NUMBER:		241354765

	BUSINESS ADDRESS:	
		STREET 1:		300 CONTINENTAL DRIVE
		CITY:			NEWARK
		STATE:			DE
		ZIP:			19713
		BUSINESS PHONE:		(302) 283-8000

	MAIL ADDRESS:	
		STREET 1:		300 CONTINENTAL DRIVE
		CITY:			NEWARK
		STATE:			DE
		ZIP:			19713

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SLM CORP
		DATE OF NAME CHANGE:	20030326

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SALLIE MAE
		DATE OF NAME CHANGE:	20020517

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	USA EDUCATION INC
		DATE OF NAME CHANGE:	20000801

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC
		CENTRAL INDEX KEY:			0000861177
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		ORGANIZATION NAME:           	
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		ONE NORTH WACKER DRIVE
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		60606

	MAIL ADDRESS:	
		STREET 1:		ONE NORTH WACKER DRIVE
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UBS ASSET MANAGEMENT AMERICAS LLC
		DATE OF NAME CHANGE:	20240515

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UBS ASSET MANAGEMENT AMERICAS INC
		DATE OF NAME CHANGE:	20151215

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UBS GLOBAL ASSET MANAGEMENT AMERICAS INC
		DATE OF NAME CHANGE:	20030122
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0000861177-23-000002</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0000861177</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>2</amendmentNo>
      <securitiesClassTitle>Class A common stock, $.20 par value per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>09/30/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001032033</issuerCik>
        <issuerName>SLM Corp</issuerName>
        <issuerCusip>78442P106</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>300 CONTINENTAL DRIVE</com:street1>
          <com:street2>300 CONTINENTAL DRIVE</com:street2>
          <com:city>NEWARK</com:city>
          <com:stateOrCountry>DE</com:stateOrCountry>
          <com:zipCode>19713</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC</reportingPersonName>
      <citizenshipOrOrganization>V8</citizenshipOrOrganization>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>SLM Corp</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>300 CONTINENTAL DRIVE, 300 CONTINENTAL DRIVE, NEWARK, DELAWARE, 19713.</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>UBS Group AG</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>UBS Group AG
Bahnhofstrasse 45
PO Box CH-8021
Zurich, Switzerland</principalBusinessOfficeOrResidenceAddress>
        <citizenship>Switzerland</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>HC</typeOfPersonFiling>
      </item3>
      <item5>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>N</notApplicableFlag>
        <ownershipMoreThan5PercentOnBehalfOfAnotherPerson>Accounts managed on a discretionary basis by the UBS Asset Management
division of UBS Group AG (UBS AM) have the right to receive or the
power to direct the receipt of dividends from, or the proceeds from
the sale of, the securities.  To the best of our knowledge, no account
holds more than 5 percent of the outstanding securities being reported
in this filing.</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
      </item6>
      <item7>
        <notApplicableFlag>N</notApplicableFlag>
        <subsidiaryIdentificationAndClassification>Identification:  UBS Asset Management (Americas) Inc.
Classification:  IA

In addition to UBS Group AG, the following UBS Asset Management
affiliates and subsidiaries are part of the UBS
Asset Management division included in this filing: UBS Asset
Management (Americas) Inc., UBS Asset Management (Canada) Inc.,
UBS Asset Management (Deutschland) GmbH, UBS Asset Management
(Japan) Ltd, UBS Asset Management (Singapore) Ltd, UBS Asset
Management (UK) Limited, UBS Fund Management (Luxembourg) S.A.,
and UBS Fund Management (Switzerland) AG</subsidiaryIdentificationAndClassification>
      </item7>
      <item8>
        <notApplicableFlag>N</notApplicableFlag>
        <identificationAndClassificationOfGroupMembers>UBS AM is composed of wholly-owned subsidiaries and branches of UBS
Group AG.  UBS Group AG is reporting direct and indirect beneficial
ownership of holdings.  None of the reporting persons affirm the
existence of a group within the meaning of Rule 13d 5(b)(1)</identificationAndClassificationOfGroupMembers>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &amp;#167; 240.14a-11.

</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC</reportingPersonName>
      <signatureDetails>
        <signature>Lissette Resnick</signature>
        <title>Director</title>
        <date>10/04/2024</date>
      </signatureDetails>
      <signatureDetails>
        <signature>Barry J. Mullen</signature>
        <title>Chief Compliance Officer</title>
        <date>10/04/2024</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
