EXHIBIT 31.1

                            SECTION 302 CERTIFICATION
                                 CERTIFICATIONS


I, Jason Bishara, certify that:

1.       I have  reviewed  this  quarterly  report on Form 10-Q of SLM Holdings,
         Inc.;

2.       Based  on my  knowledge,  this  report  does  not  contain  any  untrue
         statement of a material fact or omit to state a material fact necessary
         to make the statements made, in light of the circumstances  under which
         such  statements  were made, not misleading  with respect to the period
         covered by this report;

3.       Based on my knowledge,  the financial  statements,  and other financial
         information  included in this  report,  fairly  present in all material
         respects the financial condition,  results of operations and cash flows
         of SLM  Holdings,  Inc. as of, and for,  the periods  presented in this
         report;

4.       The registrant's  other  certifying  officers and I are responsible for
         establishing  and  maintaining  disclosure  controls and procedures (as
         defined  in  Exchange  Act  Rules  13a-15(e)  and  15d-15(e))  for  SLM
         Holdings, Inc. and have:

         (a)      Designed such disclosure  controls and  procedures,  or caused
                  such  disclosure  controls and procedures to be designed under
                  our supervision,  to ensure that material information relating
                  to   SLM   Holdings,    Inc.,   including   its   consolidated
                  subsidiaries,  is made  known  to us by  others  within  those
                  entities,  particularly during the period in which this report
                  is being prepared;

         (b)      Designed such internal  control over financial  reporting,  or
                  caused such internal  control over  financial  reporting to be
                  designed under my supervision, to provide reasonable assurance
                  regarding  the  reliability  of  financial  reporting  and the
                  preparation of financial  statements for external  purposes in
                  accordance with generally accepted accounting principles;

         (c)      Evaluated the effectiveness of SLM Holdings, Inc.'s disclosure
                  controls  and  procedures  and  presented  in this  report our
                  conclusions about the effectiveness of the disclosure controls
                  and  procedures,  as of the end of the period  covered by this
                  report based on such evaluation; and

         (d)      Disclosed  in this report any change in SLM  Holdings,  Inc.'s
                  internal control over financial reporting that occurred during
                  the small  business  issuer's most recent fiscal  quarter that
                  has materially affected, or is reasonably likely to materially
                  affect,  the small  business  issuer's  internal  control over
                  financial reporting.

5.       The registrant's other certifying officers and I have disclosed,  based
         on our most  recent  evaluation  of  internal  control  over  financial
         reporting, to SLM Holdings,  Inc.'s auditors and the audit committee of
         SLM  Holdings,  Inc.'s board of directors  (or persons  performing  the
         equivalent functions):

         (a)      All significant  deficiencies  and material  weaknesses in the
                  design  or  operation  of  internal   control  over  financial
                  reporting which are reasonably  likely to adversely affect SLM
                  Holdings,  Inc.'s  ability to record,  process,  summarize and
                  report financial information; and

         (b)      Any fraud,  whether or not material,  that involves management
                  or  other  employees  who  have  a  significant  role  in  SLM
                  Holdings, Inc.'s internal control over financial reporting.



                      SLM HOLDINGS, INC.

May 20, 2008          By:  /s/ Jason Bishara
                           -----------------------------------------------------
                           Principal Executive Officer and Principal Financial
                           Officer