** **

**Exhibit19.1**

** **

**SLM Student Loan Trust2004-5**

**Officer’sCertificate of the Servicer**

**AnnualStatement of Compliance**

**As ofDecember 31, 2004**

 

 
| **TO:** | ** ** | **Indenture Trustee**                                              | ** ** | **Eligible Lender Trustee**                          |
|---------|------------|--------------------------------------------------------------------|------------|------------------------------------------------------|
|    |       | Deutsche Bank Trust  Company Americas                              |       | Chase Manhattan Bank USA,  National Association      |
|    |       | 60 Wall Street, 26th  Floor, Mailstop NYC60-2606                   |       | Christiana Center/OPS4,  500 Stanton Christiana Road |
|    |       | New York, New York 10005                                           |       | Newark, Delaware 19713                               |
|    |       | Attn: Trust &  Securities Services/Structured Finance Services |       | Attn: Corporate Trust  Department                    |
|    |       |                                                               |       |                                                 |
|    |       |                                                               |       | JP Morgan Chase Bank                                 |
|    |       |                                                               |       | 4 New York Plaza                                     |
|    |       |                                                               |       | New York, New York 10004                             |
|    |       |                                                               |       | Attn: Structured Finance  Services                   |

 

 

Pursuant to Section 3.2 of the AdministrationAgreement (the “Agreement”), we hereby certify that (i) a review of theactivities and performance of the Servicer from January 1, 2004 throughDecember 31, 2004 under this Agreement and under the Servicing Agreement datedas of June 10, 2004 has been made under our supervision, and (ii) to the bestof our knowledge, the Servicer has fulfilled its obligations in all materialrespects under the Agreement and under the Servicing Agreement throughout suchperiod.

 

SALLIE MAE Inc., as Servicer

12061 Bluemont Way

Reston, Virginia 20190

 

 

 
| /s/ Robert A. Crawford                                    |   |
|-----------------------------------------------------------|--------|
| Robert A. Crawford, Senior  Vice President and Controller |   |

 

 
| /s/ C. E. Andrews                                                        |   |
|--------------------------------------------------------------------------|--------|
| C. E. Andrews, Executive  Vice President, Accounting and Risk Management |   |

 

----

 

12061 Bluemont Way

Reston, VA 20190

 

 

Michele Voon

Deutsche Bank TrustCompany Americas

60 Wall Street

26th Floor MS NYC60-2606

New York, NY 10005

 

John Cashin

Chase Manhattan Bank USA,NA

500 Stanton ChristianaRd, 3rd Floor/OPS4

Newark, DE 19713

 

| SLM TRUST 1996-1 |   | SLM TRUST 1999-2 |   | SLM TRUST 2002-2  |
|------------------|--------|------------------|--------|-------------------|
| SLM TRUST 1996-2 |   | SLM TRUST 1999-3 |   | SLM TRUST 2002-3  |
| SLM TRUST 1996-3 |   | SLM TRUST 2000-1 |   | SLM TRUST 2002-4  |
| SLM TRUST 1996-4 |   | SLM TRUST 2000-2 |   | SLM TRUST 2002-4  |
| SLM TRUST 1997-1 |   | SLM TRUST 2000-3 |   | SLM TRUST 2004-4  |
| SLM TRUST 1997-2 |   | SLM TRUST 2000-4 |   | SLM TRUST 2004-5  |
| SLM TRUST 1997-3 |   | SLM TRUST 2001-1 |   | SLM TRUST 2004-6  |
| SLM TRUST 1997-4 |   | SLM TRUST 2001-2 |   | SLM TRUST 2004-7  |
| SLM TRUST 1998-1 |   | SLM TRUST 2001-3 |   | SLM TRUST 2004-8  |
| SLM TRUST 1998-2 |   | SLM TRUST 2001-4 |   | SLM TRUST 2004-9  |
| SLM TRUST 1999-1 |   | SLM TRUST 2002-1 |   | SLM TRUST 2004-10 |

 

 

Pursuant to Section 3.2of the Administration Agreement (the “Agreement”), we, the undersigned, herebycertify that (i) a review of the activities and performance of theAdministrator from January 1, 2004 through December 31, 2004 has been madeunder our supervision and (ii) to the best of our knowledge, based on suchreview, the Administrator has fulfilled its obligations in all materialrespects under the Agreement throughout such period.

 

 

 
| /s/ Gregory A. Swartz                  |                                 | /s/ J. Lance Franke |   |
|----------------------------------------|--------------------------------------|---------------------|--------|
| Gregory A. Swartz,  Managing Director, | J. Lance Franke, Sr.  Vice President |
| Corporate Finance  Operations          | Corporate Finance                    |
| Sallie Mae, Inc.                       | Sallie Mae, Inc.                     |

 

 
| cc:    | Chase Manhattan Bank  USA, N.A. |
|--------|---------------------------------|
|   | Eligible Lender Trustee         |

 

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