**UNITEDSTATESSECURITIES AND EXCHANGE COMMISSIONWashington, DC 20549**

 

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**FORM10-K**

**(MarkOne)**

 
| **ý** | ** ** | **Annual  report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**                                                                                                                           |
|------------|------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|       | ** ** | ** **                                                                                                                                                                                                          |
|       |       | **For  the fiscal year ended December 31, 2005 or**                                                                                                                                                                 |
|       |       | ** **                                                                                                                                                                                                          |
| **o**      | ** ** | **Transition  report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**                                                                                                                       |
|       | ** ** | ** **                                                                                                                                                                                                          |
|       | ** ** | **For  the transition period from                  to                ** |

** **

**SLMFUNDING LLC**

(Exact name ofregistrant as specified in its charter)

 

**SLMStudent Loan Trust 2005-6**

(Exactname of issuing entity)

 

| **DELAWARE**                                    | ** ** | **(333-104887)**          |   | **57-1176559**                             |
|-------------------------------------------------|------------|---------------------------|--------|--------------------------------------------|
| (State or other  Jurisdiction of Incorporation) |       | (Commission File  Number) |   | (I.R.S. employer  Identification No.) |

** **

**12061Bluemont Way, V3419RESTON, VA 20190**(Address of principal executive offices)

** **

**(703) 984-6419**Registrant’s telephone number, including area code

 

Securities registeredpursuant to Section 12(b) of the Act: None

 

Securities registeredpursuant to Section 12(g) of the Act: None

 

Indicate by check mark ifregistrant is a well-known seasoned issuer, as defined in Rule 405 of theSecurities Act. Yes  o   No  ý

 

Indicate by check mark ifregistrant is not required to file reports pursuant to Section 13 or 15(d) ofthe Act. Yes  ý   No  o

 

Indicate by check markwhether the registrant: (1) has filed all reports required to be filed bySection 13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 12 months (or for such shorter period that the registrant wasrequired to file such reports), and (2) has been subject to such filingrequirements for the past 90 days. Yes ýNo o

 

Indicate by check mark whether the registrant is alarge accelerated filer, an accelerated filer, or a non-accelerated filer. Seedefinition of “accelerated filer and large accelerated filer” in Rule 12b-2 ofthe Exchange Act. 

 

Large Accelerated Filer  o          AcceleratedFiler  o          Non-AcceleratedFiler  ý

 

Indicate by check mark whether the Registrant is ashell company (as defined in Rule 12b-2 of the Exchange Act). Yes  o    No  ý

 

Documents areincorporated by reference into this Form 10-K: None.

 

State the aggregatemarket value of the voting stock held by non-affiliates of theRegistrant: None.

 

ThisAnnual Report on Form 10-K is filed in reliance upon (i) certainno-action letters issued by the Office of Chief Counsel, Division of CorporateFinance of the Securities and Exchange Commission stating that the Divisionwill not object if periodic reports filed by the Registrant pursuant toSections 13 and 15(d) of the Securities and Exchange Act of 1934 are filed inthe manner set forth in such letters and the requests for such letters and(ii) the Registrant’s filing letter accompanying the Registrant’s CurrentReport on Form 8-K filed with the Commission on or about November 6,1995 in which the Registrant described the manner in which it intended to filesuch periodic reports.

 

 

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** **

**PART I.**

** **

**Item 2.Properties.**

 

SLM Funding LLC, is thedepositor for the SLM Student Loan Trust 2005-6. The property of the Trustconsists of pools of education loans to students and parents of students madeunder the Federal Family Education Loan Program, all funds collected in respectthereof and monies on deposit in certain trust accounts together with rights toreceive payments under certain swap transactions.

 

On an annual basis, the SLMStudent Loan Trust 2005-6 is required to provide statements of compliance ofits servicers and administrators. The Annual Statements of Compliance for the SLMStudent Loan Trust 2005-6 are attached as Exhibit 99.1 hereto. Thesestatements are required by:

 

**•**      AdminstrationAgreement, dated as of July 27, 2005, among SLM Funding LLC,as the Depositor,Sallie Mae, Inc., as the Administrator, Sallie Mae, Inc., as the Servicer, SLMStudent Loan Trust 2005-6, as the Trust, Deutsche Bank Trust Company Americas,as the Indenture Trustee, and Chase Bank USA, National Association, as theEligible Lender Trustee; and

 

**•**      theServicing Agreement, dated as of July 27, 2005 among the Servicer, the Trust,the Administrator, the Indenture Trustee and the Eligible Lender Trustee.

 

**Item 3.Legal Proceedings.**

 

Nothing to report.

 

**Item 4.Submission of Matters to a Vote of Security Holders.**

 

Nothing to report.

 

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**PARTII.**

 

**Item 5.Market for Registrant’s Common Equity and Related Stockholder Matters.**

 

Nothing to report.

** **

**Item 7.Other Related Events and Information.**

 

Nothing to report.

 

**Item 9.Changes in and Disagreements with Accountants on Accounting and FinancialDisclosure.**

 

**Item 9B. Other Information.**

 

Nothing to report.

 

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**PARTIII.**

 

**Item 12.Security Ownership of Certain Beneficial Owners and Management.**

 

Nothing to report.

 

**Item 13.Certain Relationships and Related Transactions.**

 

Nothing to report.

 

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**PARTIV.**

 

**Item 15.Exhibits, Financial Statement Schedules and Reports on Form 8-K.**

 

(a)           *Exhibits.*    Thefollowing documents are filed as part of this Annual Report on Form 10-K:

 
| **Designation** | ** ** | **Description**                                                        |
|-----------------|------------|------------------------------------------------------------------------|
| Exhibit 33.1    | ** ** | Section 302 Certification                                              |
|            | ** ** | ** **                                                             |
| Exhibit 99.1    |       | Annual Statements of  Compliance of the Administrator and the Servicer |
|            |       |                                                                   |
| Exhibit 99.2    |       | Annual Independent Certified Public Accountant’s  Report          |

 

(b)           *Reports on Form 8-K.*    TheRegistrant, on behalf of the SLM Student Loan Trust 2005-6, filed four (4) CurrentReport on Form 8-K with the Commission during the period covered by thisreport. They are:

•              OnJuly 23, 2005 in connection with the July 19, 2005 Term Sheet;

 

•              OnJuly 28, 2005 in connection with the amendment of certain trust information;

 

•              OnAugust 1, 2005 in connection with the closing of SLM Student Loan Trust 2005-6;and

 

•              OnNovember 4, 2005 with the October 25, 2005 Quarterly Distribution Report.

 

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**SIGNATURES**

 

Pursuant to therequirements of Section 13 or 15(d) of the Securities Exchange Act of1934, as amended, the SLM Student Loan Trust 2005-6 has duly caused this reportto be signed, on its behalf by the undersigned hereunto duly authorized. 

 
| Dated: March 31, 2006 | SLM FUNDING LLC |
|-----------------------|-----------------|
|                  |            |   |
|                  |            |   |
|                  |            |   |
|                  | By:             | /s/  C.E.  ANDREWS |
|                  |            | Name:  C.E. Andrews |
|                  |            | Title:    President |

 

Pursuant to therequirements of the Securities Exchange Act of 1934, this report has beensigned below by the following persons on behalf of the Registrant and in thecapacities indicated on the dates indicated. 

 
| **Signature**             | ** ** | **Capacity**                                                                                                                                  | ** ** | **Date**       |
|---------------------------|------------|-----------------------------------------------------------------------------------------------------------------------------------------------|------------|----------------|
|                      |       |                                                                                                                                          |       |           |
| /S/ C.E. ANDREWS          |       |                                                                                                                                          |       | March 31, 2006 |
| C.E. Andrews              |       | President (Principal Executive Officer), Chief  Financial Officer (Principal Financial Officer and Principal Accounting  Officer) and Manager |       |           |
|                      |       |                                                                                                                                          |       |           |
| /S/ THOMAS J. FITZPATRICK |       | Manager                                                                                                                                       |       | March 31, 2006 |
| Thomas J. Fitzpatrick     |       |                                                                                                                                          |       |           |
|                      |       |                                                                                                                                          |       |           |
| /S/ J. LANCE FRANKE*      |       | Senior Vice President,                                                                                                                        |       | March 31, 2006 |
| J. Lance Franke           |       | Sallie Mae, Inc.                                                                                                                              |       |           |
|                      |       |                                                                                                                                          |       |           |
|                      |       |                                                                                                                                          |       |           |
|                      |       |                                                                                                                                          |       |           |
| Victor A. Duva            |       | Manager                                                                                                                                       |       | March 31, 2006 |
|                      |       |                                                                                                                                          |       |           |
| Kenneth J. Uva            |       | Manager                                                                                                                                       |       | March 31, 2006 |

 

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| * |   | J. Lance Franke is signing in his capacity as a  Senior Vice President of Sallie Mae, Inc., Sallie Mae, Inc. is one of the  Managers of SLM Funding LLC. |
|---|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

 

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**INDEX TO EXHIBITS**

 
| **Exhibit   Number** | ** ** | **Exhibit**                                                            | ** ** | **Sequentially  Numbered  Page** | ** ** |
|----------------------|------------|------------------------------------------------------------------------|------------|----------------------------------|------------|
| 33.1                 |       | Section 302 Certificate                                                |       |                             |       |
| 99.1                 |       | Annual Statements of Compliance of the Administrator  and the Servicer |       |                             |       |
| 99.2                 |       | Annual Independent Certified Public Accountant’s  Report          |       |                             |       |

 

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