Common use of Appendices, Schedules and Exhibits Clause in Contracts

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Transfer Restrictions for the Class A-6 Notes SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars EXHIBIT D Servicing Criteria to be Addressed in Assessment of Compliance INDENTURE, dated as of April 1, 2006, among SLM STUDENT LOAN TRUST 2006-4, a Delaware statutory trust (the “Issuer”), CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s Student Loan-Backed Notes (the “Notes”) and, after the Notes have been paid in full, for the benefit of the Currency Swap Counterparties: The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the Currency Swap Counterparties, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Certain Terms and Provisions of the Auction Rate Notes APPENDIX A-3 Transfer Restrictions for the Class A-6 A-4B Notes SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars EXHIBIT D Servicing Criteria to be Addressed in Assessment of Compliance EXHIBIT D Notice of Payment Default EXHIBIT E Notice of Cure of Payment Default EXHIBIT F Notice of Proposed Change in Length of One or More Auction Periods EXHIBIT G Notice Establishing Change in Length of One or More Auction Periods EXHIBIT H Notice of Change in Auction Date INDENTURE, dated as of April 15, 20062007, among SLM STUDENT LOAN TRUST 20062007-4, a Delaware statutory trust (the “Issuer”), CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s Student Loan-Backed Notes (the “Notes”) and, after the Notes have been paid in full, for the benefit of the Currency Swap CounterpartiesCounterparty: The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the Currency Swap CounterpartiesCounterparty, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Transfer Restrictions for the Class A-6 Notes SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars EXHIBIT D Servicing Criteria to be Addressed in Assessment of Compliance INDENTURE, dated as of April February 1, 2006, among SLM STUDENT LOAN TRUST 2006-42, a Delaware statutory trust (the “Issuer”), CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s Student Loan-Backed Notes (the “Notes”) and, after the Notes have been paid in full, for the benefit of the Currency Swap Counterparties: ): The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the Currency Swap CounterpartiesNoteholders, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Transfer Restrictions for Certain Terms and Provisions of the Class A-6 Auction Rate Notes SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars EXHIBIT D Servicing Criteria to be Addressed in Assessment of Compliance EXHIBIT D Notice of Payment Default EXHIBIT E Notice of Cure of Payment Default EXHIBIT F Notice of Proposed Change in Length of One or More Auction Periods EXHIBIT G Notice Establishing Change in Length of One or More Auction Periods EXHIBIT H Notice of Change in Auction Date INDENTURE, dated as of April August 1, 2006, among SLM STUDENT LOAN TRUST 2006-47, a Delaware statutory trust (the “Issuer”), CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s Student Loan-Backed Notes (the “Notes”) and, after the Notes have been paid in full, for the benefit of the Currency Swap Counterparties: ): The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the Currency Swap CounterpartiesNoteholders, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Transfer Restrictions for Certain Terms and Provisions of the Class A-6 Auction Rate Notes APPENDIX A-3 [Reserved] SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars EXHIBIT D Servicing Criteria to be Addressed in Assessment of Compliance EXHIBIT D Notice of Payment Default EXHIBIT E Notice of Cure of Payment Default EXHIBIT F Notice of Proposed Change in Length of One or More Auction Periods EXHIBIT G Notice Establishing Change in Length of One or More Auction Periods EXHIBIT H Notice of Change in Auction Date INDENTURE, dated as of April 1July 19, 20062007, among SLM STUDENT LOAN TRUST 20062007-45, a Delaware statutory trust (the “Issuer”), CHASE THE BANK USAOF NEW YORK TRUST COMPANY, NATIONAL ASSOCIATIONN.A., a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s Student Loan-Backed Notes (the “Notes”) and, after the Notes have been paid in full, for the benefit of the Currency Swap Counterparties: ): The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the Currency Swap CounterpartiesNoteholders, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Transfer Restrictions for the Class A-6 A-5B Notes SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars EXHIBIT D Servicing Criteria to be Addressed in Assessment of Compliance INDENTURE, dated as of April November 1, 2006, among SLM STUDENT LOAN TRUST 2006-410, a Delaware statutory trust (the “Issuer”), CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s Student Loan-Backed Notes (the “Notes”) and, after the Notes have been paid in full, for the benefit of the Currency Swap CounterpartiesCounterparty: The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the Currency Swap CounterpartiesCounterparty, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Transfer Restrictions for Certain Terms and Provisions of the Class A-6 Auction Rate Notes SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form Notice of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars Payment Default EXHIBIT D Servicing Criteria to be Addressed Notice of Cure of Payment Default EXHIBIT E Notice of Proposed Change in Assessment Length of Compliance One or More Auction Periods EXHIBIT F Notice Establishing Change in Length of One or More Auction Periods EXHIBIT G Notice of Change in Auction Date This INDENTURE, dated as of April June 1, 20062003, among is between SLM PRIVATE CREDIT STUDENT LOAN TRUST 20062003-4B, a Delaware statutory trust (the “"Issuer”), CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”"), and DEUTSCHE BANK TRUST COMPANY AMERICASJPMORGAN CHASE BANK, a New York banking corporation, as trustee and not in its individual capacity but solely as indenture trustee (in such capacity, the “"Indenture Trustee”"). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s 's Student Loan-Backed Notes (the “"Notes”) and, after the Notes have been paid in full, for the benefit of the Currency Swap Counterparties: "): GRANTING CLAUSE The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant Grants to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the Currency Swap CounterpartiesNoteholders, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Transfer Restrictions for the Class A-6 Notes SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars EXHIBIT D Servicing Criteria to be Addressed in Assessment of Compliance INDENTURE, dated as of April October 1, 2006, among SLM STUDENT LOAN TRUST 2006-49, a Delaware statutory trust (the “Issuer”), CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s Student Loan-Backed Notes (the “Notes”) and, after the Notes have been paid in full, for the benefit of the Currency Swap Counterparties: ): The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the Currency Swap CounterpartiesNoteholders, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Transfer Restrictions for the Class A-6 Notes Reset Rate Note Procedures SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars EXHIBIT D Servicing Criteria to be Addressed in Assessment of Compliance INDENTURE, dated as of April June 1, 2006, among SLM STUDENT LOAN TRUST 2006-45, a Delaware statutory trust (the “Issuer”), CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s Student Loan-Backed Notes (the “Notes”) and, after the Notes have been paid in full, for the benefit of the Currency any Swap Counterparties: The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the Currency any Swap Counterparties, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Transfer Restrictions for Certain Terms and Provisions of the Class A-6 Auction Rate Notes SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form Notice of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars Payment Default EXHIBIT D Servicing Criteria to be Addressed Notice of Cure of Payment Default EXHIBIT E Notice of Proposed Change in Assessment Length of Compliance One or More Auction Periods EXHIBIT F Notice Establishing Change in Length of One or More Auction Periods EXHIBIT G Notice of Change in Auction Date INDENTURE This INDENTURE, dated as of April October 1, 20062003, among is between SLM PRIVATE CREDIT STUDENT LOAN TRUST 20062003-4C, a Delaware statutory trust (the “"Issuer”), CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”"), and DEUTSCHE BANK TRUST COMPANY AMERICASJPMORGAN CHASE BANK, a New York banking corporation, as trustee and not in its individual capacity but solely as indenture trustee (in such capacity, the “"Indenture Trustee”"). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s 's Student Loan-Backed Notes (the “"Notes”) and, after the Notes have been paid in full, for the benefit of the Currency Swap Counterparties: "): GRANTING CLAUSE The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant Grants to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the Currency Swap CounterpartiesNoteholders, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Transfer Restrictions for the Class A-6 Notes Reset Rate Note Procedures SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars EXHIBIT D Servicing Criteria to be Addressed in Assessment of Compliance INDENTURE, dated as of April 1, 2006[·], among SLM STUDENT LOAN TRUST 2006-4[·], a Delaware statutory trust (the “Issuer”), CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s Student Loan-Backed Notes (the “Notes”) and, after the Notes have been paid in full, for the benefit of the any Cross-Currency Swap CounterpartiesCounterparty: The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the any Cross-Currency Swap CounterpartiesCounterparty, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Transfer Restrictions for the Class A-6 Notes Reset Rate Note Procedures SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars EXHIBIT D Servicing Criteria to be Addressed in Assessment of Compliance INDENTURE, dated as of April June 1, 20062005, among SLM STUDENT LOAN TRUST 20062005-45, a Delaware statutory trust (the “Issuer”), CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s Student Loan-Backed Notes (the “Notes”) and, after the Notes have been paid in full, for the benefit of the any Currency Swap CounterpartiesCounterparty: The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the any Currency Swap CounterpartiesCounterparty, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Reset Rate Note Procedures APPENDIX A-3 Transfer Restrictions for the Class A-6 Reset Rate Notes SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars EXHIBIT D Servicing Criteria to be Addressed in Assessment of Compliance INDENTURE, dated as of April August 1, 20062004, among SLM STUDENT LOAN TRUST 20062004-48, a Delaware statutory trust (the “Issuer”), CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s Student Loan-Backed Notes (the “Notes”) and, after the Notes have been paid in full, for the benefit of the any Currency Swap CounterpartiesCounterparty: The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the any Currency Swap CounterpartiesCounterparty, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Reset Rate Note Procedures APPENDIX A-3 Transfer Restrictions for the Class A-6 Reset Rate Notes SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars EXHIBIT D Servicing Criteria to be Addressed in Assessment of Compliance INDENTURE, dated as of April January 1, 20062004, among SLM STUDENT LOAN TRUST 20062004-41, a Delaware statutory trust (the “Issuer”), CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”), and DEUTSCHE THE BANK TRUST COMPANY AMERICASOF NEW YORK, a New York banking corporation, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s Student Loan-Backed Notes (the “Notes”) and, after the Notes have been paid in full, for the benefit of the any Cross-Currency Swap CounterpartiesCounterparty: The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the any Cross-Currency Swap CounterpartiesCounterparty, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Transfer Restrictions for the Class A-6 Notes SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars EXHIBIT D Servicing Criteria to be Addressed in Assessment of Compliance INDENTURE, dated as of April September 1, 2006, among SLM STUDENT LOAN TRUST 2006-48, a Delaware statutory trust (the “Issuer”), CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s Student Loan-Backed Notes (the “Notes”) and, after the Notes have been paid in full, for the benefit of the Currency Swap Counterparties: ): The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the Currency Swap CounterpartiesNoteholders, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Transfer Restrictions for Certain Terms and Provisions of the Class A-6 Auction Rate Notes SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form Notice of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars Payment Default EXHIBIT D Servicing Criteria to be Addressed Notice of Cure of Payment Default EXHIBIT E Notice of Proposed Change in Assessment Length of Compliance One or More Auction Periods EXHIBIT F Notice Establishing Change in Length of One or More Auction Periods EXHIBIT G Notice of Change in Auction Date INDENTURE This INDENTURE, dated as of April March 1, 20062003, among is between SLM PRIVATE CREDIT STUDENT LOAN TRUST 20062003-4A, a Delaware statutory trust (the “"Issuer”), CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”"), and DEUTSCHE BANK TRUST COMPANY AMERICASJPMORGAN CHASE BANK, a New York banking corporation, as trustee and not in its individual capacity but solely as indenture trustee (in such capacity, the “"Indenture Trustee”"). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s 's Student Loan-Backed Notes (the “"Notes”) and, after the Notes have been paid in full, for the benefit of the Currency Swap Counterparties: "): GRANTING CLAUSE The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant Grants to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the Currency Swap CounterpartiesNoteholders, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Transfer Restrictions for the Class A-6 Notes Reset Rate Note Procedures SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars EXHIBIT D Servicing Criteria to be Addressed in Assessment of Compliance INDENTURE, dated as of April July 1, 20062005, among SLM STUDENT LOAN TRUST 20062005-46, a Delaware statutory trust (the “Issuer”), CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s Student Loan-Backed Notes (the “Notes”) and, after the Notes have been paid in full, for the benefit of the any Currency Swap CounterpartiesCounterparty: The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the any Currency Swap CounterpartiesCounterparty, effective as of the Closing Date all of their right, title and interest in and to the following:

Appendices, Schedules and Exhibits. APPENDIX A-1 Definitions and Usage APPENDIX A-2 Transfer Restrictions for the Class A-6 Notes Reset Rate Note Procedures SCHEDULE A Schedule of Trust Student Loans SCHEDULE B Location of Trust Student Loan Files EXHIBIT A Forms of Notes EXHIBIT B Form of Note Depository Agreement for U.S. Dollar Denominated Notes EXHIBIT C Form of Note Depository Agreement for Notes Denominated in a Currency Other than U.S. Dollars EXHIBIT D Servicing Criteria to be Addressed in Assessment of Compliance INDENTURE, dated as of April August 1, 20062005, among SLM STUDENT LOAN TRUST 20062005-47, a Delaware statutory trust (the “Issuer”), CHASE BANK USA, NATIONAL ASSOCIATION, a national banking association, not in its individual capacity but solely as eligible lender trustee on behalf of the Issuer (in such capacity, the “Eligible Lender Trustee”), and DEUTSCHE BANK TRUST COMPANY AMERICAS, a New York banking corporation, not in its individual capacity but solely as indenture trustee (in such capacity, the “Indenture Trustee”). Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the holders of the Issuer’s Student Loan-Backed Notes (the “Notes”) and, after the Notes have been paid in full, for the benefit of the any Currency Swap CounterpartiesCounterparty: The Issuer and, with respect to the Trust Student Loans, the Eligible Lender Trustee hereby Grant to the Indenture Trustee, as trustee for the benefit of the Noteholders and, subject to the provisions of Section 11.19, the any Currency Swap CounterpartiesCounterparty, effective as of the Closing Date all of their right, title and interest in and to the following: