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<TITLE>Form 8-K</TITLE>
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<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P align="center" style="font-size: 18pt"><B>FORM 8-K</B>

<P align="center" style="font-size: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P align="center" style="font-size: 10pt"><B>Date of Report (Date of earliest event reported): April 21, 2009</B>

<P align="center">

<P align="center" style="font-size: 24pt"><B>SLM Student Loan Trust 2009-2<BR></B>
<FONT style="font-size: 10pt">(Exact name of registrant as specified in its charter)
</FONT>

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    <TD style="border-bottom: 1px solid #000000"><B>Delaware</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>333-141930-15</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>61-1466416</B></TD>
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<TR valign="top">
    <TD>(State or other Jurisdiction of Incorporation)</TD>
    <TD>&nbsp;</TD>
    <TD>(Commission File Number)</TD>
    <TD>&nbsp;</TD>
    <TD>(IRS Employer Identification No.)</TD>
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    <TD style="border-bottom: 1px solid #000000"><B>c/o The Bank of New York Mellon Trust<BR>Co, N.A., 10161Centurion Parkway,<BR>Jacksonville, Florida<BR></B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-bottom: 1px solid #000000"><B>32256</B></TD>
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<TR valign="top">
    <TD>(Address of Principal Executive Offices)</TD>
    <TD>&nbsp;</TD>
    <TD>(Zip Code)</TD>
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<P align="center" style="font-size: 10pt">Registrant&#146;s telephone number, including area code: <B>703 984-6419</B>


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    <TD nowrap>(Former name or former address if changed since last report.)</TD>
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<P align="left" style="font-size: 10pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:

<P align="left" style="font-size: 10pt">
<FONT face="Wingdings">&#111;</FONT> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>
<FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


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<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt; display: none">1
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<P align="left" style="font-size: 10pt"><B>Item&nbsp;1.01 Entry into a Material Definitive Agreement.</B>


<P align="left" style="font-size: 10pt">Closing of SLM Student Loan Trust 2009-2.


<P align="left" style="font-size: 10pt">SLM Student Loan Trust 2009-2 (the &#147;Trust&#148;) was formed on January&nbsp;6, 2009 pursuant to the Trust Agreement (the &#147;Trust
Agreement&#148;), dated as of January&nbsp;6, 2009, among SLM Funding LLC (&#147;SLM Funding&#148;), The Bank of New York Mellon Trust
Company, National Association, not in its individual capacity but solely as the eligible lender trustee (the &#147;Eligible
Lender Trustee&#148;) and BNY Mellon Trust of Delaware, not in its individual capacity but solely as the Delaware trustee
(the &#147;Delaware Trustee&#148;). The Trust Agreement was amended and restated as of April&nbsp;21, 2009 pursuant to the Amended and
Restated Trust Agreement by and among SLM Funding, the Eligible Lender Trustee, Deutsche Bank Trust Company Americas,
as indenture trustee (the &#147;Indenture Trustee&#148;) and the Delaware Trustee.


<P align="left" style="font-size: 10pt">On April&nbsp;15, 2009, SLM Funding, SLM Education Credit Finance Corporation (&#147;ECFC&#148;) and SLM Corporation on the one hand,
and Credit Suisse Securities (USA)&nbsp;LLC, Deutsche Bank Securities Inc. and RBS Securities Inc., as representatives of
the underwriters named in the Underwriting Agreement (collectively, the &#147;Representatives&#148;), on the other, executed and
delivered the Underwriting Agreement relating to the Student Loan-Backed Notes (the &#147;Notes&#148;) to be issued by the Trust.
On April&nbsp;17, 2009, SLM Funding, ECFC and SLM Corporation on the one hand, and the Representatives, on the other,
executed and delivered the Pricing Agreement relating to the Notes.


<P align="left" style="font-size: 10pt">In connection with the foregoing, the following agreements were executed and delivered by the respective parties
thereto: (a)&nbsp;the Purchase Agreement, dated as of April&nbsp;21, 2009, by and among SLM Funding, ECFC and The Bank of New
York Mellon Trust Company, National Association, not in its individual capacity but solely as interim eligible lender
trustee for the benefit of SLM Funding (the &#147;Interim Eligible Lender Trustee&#148;); (b)&nbsp;the Purchase Agreement, dated as of
April&nbsp;21, 2009, by and among Bluemont Funding LLC (&#147;Bluemont Funding&#148;), The Bank of New York Mellon Trust Company,
National Association, not in its individual capacity but solely as interim eligible lender trustee for Bluemont Funding
(the &#147;Bluemont Funding Eligible Lender Trustee&#148;), SLM Funding, the Interim Eligible Lender Trustee and Sallie Mae,
Inc., as the servicer (the &#147;Servicer&#148;); (c)&nbsp;the Purchase Agreement, dated as of April&nbsp;21, 2009, by and among Town
Center Funding LLC (&#147;Town Center Funding&#148;), The Bank of New York Mellon Trust Company, National Association, not in its
individual capacity but solely as interim eligible lender trustee for Town Center Funding (the &#147;Town Center Funding
Eligible Lender Trustee&#148;), SLM Funding, the Interim Eligible Lender Trustee and the Servicer; (d)&nbsp;the Purchase
Agreement, dated as of April&nbsp;21, 2009, by and among Town Hall Funding LLC (&#147;Town Hall Funding&#148;), The Bank of New York
Mellon Trust Company, National Association, not in its individual capacity but solely as interim eligible lender
trustee for Town Hall Funding (the &#147;Town Hall Funding Eligible Lender Trustee&#148;), SLM Funding, the Interim Eligible
Lender Trustee and the Servicer; (e)&nbsp;the Purchase Agreement, dated as of April&nbsp;21, 2009, by and among VL Funding LLC
(&#147;VL Funding&#148;), The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but
solely as interim eligible lender trustee for VL Funding (the &#147;VL Funding Eligible Lender Trustee&#148;), SLM Funding, the
Interim Eligible Lender Trustee and the Servicer; (f)&nbsp;the Interim Trust Agreement, dated as of April&nbsp;21, 2009, by and
between SLM Funding and the Interim Eligible Lender Trustee; (g)&nbsp;the Interim Trust Agreement, dated as of April&nbsp;21,
2009, by and between Bluemont Funding and the Bluemont Funding Eligible Lender Trustee; (h)&nbsp;the Interim Trust
Agreement, dated as of April&nbsp;21, 2009, by and between Town Center Funding and the Town Center Funding Eligible Lender
Trustee; (i)&nbsp;the Interim Trust Agreement, dated as of April&nbsp;21, 2009, by and between Town Hall Funding and the Town
Hall Funding Eligible Lender Trustee; (j)&nbsp;the Indenture, dated as of April&nbsp;21, 2009, by and among the Trust, the
Eligible Lender Trustee and the Indenture Trustee; (k)&nbsp;the Sale Agreement, dated as of April&nbsp;21, 2009, by and among the
Trust, the Eligible Lender Trustee, SLM Funding and the Interim Eligible Lender Trustee; (l)&nbsp;the Administration
Agreement, dated as of April&nbsp;21, 2009, by and among the Trust, Sallie Mae, Inc., in its capacity as administrator (the
&#147;Administrator&#148;), the Eligible Lender Trustee, the Servicer, SLM Funding and the Indenture Trustee; and (m)&nbsp;the
Servicing Agreement, dated as of April&nbsp;21, 2009, by and among the Servicer, the Administrator, the Trust, the Eligible
Lender Trustee and the Indenture Trustee.


<P align="left" style="font-size: 10pt">On April&nbsp;21, 2009, the Trust issued $1,845,143,000 of its Notes.

<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt; display: none">2
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<P align="left" style="font-size: 10pt"><B>Item&nbsp;2.01 Completion of Acquisition or Disposition of Assets.</B>


<P align="left" style="font-size: 10pt">The Trust used the net proceeds of these notes to purchase approximately $1,977,901,351.46 of student loans.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;9.01 Financial Statements and Exhibits.</B>


<P align="left" style="font-size: 10pt">(c)&nbsp;Exhibits


<P align="left" style="font-size: 10pt">1.1 Underwriting Agreement relating to the Notes, dated April&nbsp;21, 2009, by and among SLM Funding, ECFC, SLM Corporation
and the Representatives.


<P align="left" style="font-size: 10pt">1.2 Pricing Agreement relating to the Notes, dated April&nbsp;21, 2009, by and among SLM Funding, ECFC, SLM Corporation and
the Representatives.


<P align="left" style="font-size: 10pt">4.1 Amended and Restated Trust Agreement, dated as of April&nbsp;21, 2009, by and among SLM Funding, the Eligible Lender
Trustee, the Indenture Trustee and the Delaware Trustee.


<P align="left" style="font-size: 10pt">4.2 SLM Funding Interim Trust Agreement, dated as of April&nbsp;21, 2009, by and between SLM Funding and the Interim
Eligible Lender Trustee.


<P align="left" style="font-size: 10pt">4.3 Bluemont Funding Interim Trust Agreement, dated as of April&nbsp;21, 2009, by and between Bluemont Funding and the
Bluemont Funding Eligible Lender Trustee.


<P align="left" style="font-size: 10pt">4.4 Town Center Interim Trust Agreement, dated as of April&nbsp;21, 2009, by and between Town Center Funding and the Town
Center Funding Eligible Lender Trustee.


<P align="left" style="font-size: 10pt">4.5 Town Hall Interim Trust Agreement, dated as of April&nbsp;21, 2009, by and between Town Hall Funding and the Town Hall
Funding Eligible Lender Trustee.


<P align="left" style="font-size: 10pt">4.6 VL Funding Interim Trust Agreement, dated as of April&nbsp;21, 2009, by and between VL Funding and the VL Funding
Eligible Lender Trustee.


<P align="left" style="font-size: 10pt">4.7 Indenture, dated as of April&nbsp;21, 2009, by and among the Trust, the Eligible Lender Trustee and the Indenture
Trustee.


<P align="left" style="font-size: 10pt">5.1 Opinion of Richards, Layton &#038; Finger, P.A., dated April&nbsp;21, 2009, with respect to due authorization, enforceability
and legality of the Notes.


<P align="left" style="font-size: 10pt">99.1 Purchase Agreement, dated as of April&nbsp;21, 2009, by and among SLM Funding, the Interim Eligible Lender Trustee and
ECFC.


<P align="left" style="font-size: 10pt">99.2 Purchase Agreement, dated as of April&nbsp;21, 2009, by and among Bluemont Funding, the Bluemont Funding Eligible
Lender Trustee, SLM Funding, the Interim Eligible Lender Trustee and the Servicer.


<P align="left" style="font-size: 10pt">99.3 Purchase Agreement, dated as of April&nbsp;21, 2009, by and among Town Center Funding, the Town Center Funding Eligible
Lender Trustee, SLM Funding, the Interim Eligible Lender Trustee and the Servicer.


<P align="left" style="font-size: 10pt">99.4 Purchase Agreement, dated as of April&nbsp;21, 2009, by and among Town Hall Funding, the Town Hall Funding Eligible
Lender Trustee, SLM Funding, the Interim Eligible Lender Trustee and the Servicer.


<P align="left" style="font-size: 10pt">99.5 Purchase Agreement, dated as of April&nbsp;21, 2009, by and among VL Funding, the VL Funding Eligible Lender Trustee,
SLM Funding, the Interim Eligible Lender Trustee and the Servicer.


<P align="left" style="font-size: 10pt">99.6 Sale Agreement, dated as of April&nbsp;21, 2009, by and among SLM Funding, the Interim Eligible Lender Trustee, the
Eligible Lender Trustee and the Trust.


<P align="left" style="font-size: 10pt">99.7 Administration Agreement, dated as of April&nbsp;21, 2009, by and among the Trust, the Administrator, SLM Funding, the
Eligible Lender Trustee, the Servicer and the Indenture Trustee.


<P align="left" style="font-size: 10pt">99.8 Servicing Agreement, dated as of April&nbsp;21, 2009, by and among the Servicer, the Administrator, the Trust, the
Eligible Lender Trustee and the Indenture Trustee.

<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt; display: none">3
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<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>



<P align="left" style="font-size: 10pt; text-indent: 2%">Pursuant to the requirements of the Securities Exchange Act of 1934, the issuing entity has duly caused this
report to be signed on its behalf by the undersigned hereunto duly authorized.

<DIV align="center">
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<TR valign="bottom">
    <TD width="43%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="52%">&nbsp;</TD>
</TR>

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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">SLM STUDENT LOAN TRUST 2009-2</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By: <FONT style="font-variant: SMALL-CAPS">SLM Funding LLC</FONT></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Dated: April&nbsp;27, 2009
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By: /s/ <FONT style="font-variant: SMALL-CAPS">Mark D. Rein</FONT></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Name: Mark D. Rein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title: Vice President</TD>
</TR>
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<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt; display: none">4
</DIV>

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<P align="center" style="font-size: 10pt"><B>EXHIBIT&nbsp;INDEX</B>


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    <TD width="8%">&nbsp;</TD>
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    <TD width="87%">&nbsp;</TD>
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<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Exhibit No.</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
</TR>

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<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Underwriting Agreement relating to the Notes, dated April&nbsp;21,
2009, by and among SLM Funding, ECFC, SLM Corporation and the
Representatives.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>1.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Pricing Agreement relating to the Notes, dated April&nbsp;21, 2009, by
and among SLM Funding, ECFC, SLM Corporation and the
Representatives.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>4.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Amended and Restated Trust Agreement, dated as of April&nbsp;21, 2009,
by and among SLM Funding, the Eligible Lender Trustee, the
Indenture Trustee and the Delaware Trustee.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>4.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>SLM Funding Interim Trust Agreement, dated as of April&nbsp;21, 2009,
by and between SLM Funding and the Interim Eligible Lender
Trustee.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>4.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Bluemont Funding Interim Trust Agreement, dated as of April&nbsp;21,
2009, by and between Bluemont Funding and the Bluemont Funding
Eligible Lender Trustee.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>4.4
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Town Center Interim Trust Agreement, dated as of April&nbsp;21, 2009,
by and between Town Center Funding and the Town Center Funding
Eligible Lender Trustee.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>4.5
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Town Hall Interim Trust Agreement, dated as of April&nbsp;21, 2009, by
and between Town Hall Funding and the Town Hall Funding Eligible
Lender Trustee.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>4.6
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>VL Funding Interim Trust Agreement, dated as of April&nbsp;21, 2009,
by and between VL Funding and the VL Funding Eligible Lender
Trustee.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>4.7
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Indenture, dated as of April&nbsp;21, 2009, by and among the Trust,
the Eligible Lender Trustee and the Indenture Trustee.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>5.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Opinion of Richards, Layton &#038; Finger, P.A., dated April&nbsp;21, 2009,
with respect to due authorization, enforceability and legality of
the Notes.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Purchase Agreement, dated as of April&nbsp;21, 2009, by and among SLM
Funding, the Interim Eligible Lender Trustee and ECFC.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>99.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Purchase Agreement, dated as of April&nbsp;21, 2009, by and among
Bluemont Funding, the Bluemont Funding Eligible Lender Trustee,
SLM Funding, the Interim Eligible Lender Trustee and the
Servicer.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>99.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Purchase Agreement, dated as of April&nbsp;21, 2009, by and among Town
Center Funding, the Town Center Funding Eligible Lender Trustee,
SLM Funding, the Interim Eligible Lender Trustee and the
Servicer.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>99.4
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Purchase Agreement, dated as of April&nbsp;21, 2009, by and among Town
Hall Funding, the Town Hall Funding Eligible Lender Trustee, SLM
Funding, the Interim Eligible Lender Trustee and the Servicer.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>99.5
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Purchase Agreement, dated as of April&nbsp;21, 2009, by and among VL
Funding, the VL Funding Eligible Lender Trustee, SLM Funding, the
Interim Eligible Lender Trustee and the Servicer.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>99.6
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Sale Agreement, dated as of April&nbsp;21, 2009, by and among SLM
Funding, the Interim Eligible Lender Trustee, the Eligible Lender
Trustee and the Trust.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>99.7
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Administration Agreement, dated as of April&nbsp;21, 2009, by and
among the Trust, the Administrator, SLM Funding, the Eligible
Lender Trustee, the Servicer and the Indenture Trustee.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><BR>99.8
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><BR>Servicing Agreement, dated as of April&nbsp;21, 2009, by and among the
Servicer, the Administrator, the Trust, the Eligible Lender
Trustee and the Indenture Trustee.</TD>
</TR>
<!-- End Table Body -->
</TABLE>
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[{"type": "8-K", "sequence": "1", "filename": "c84357e8vk.htm", "description": "FORM 8-K", "secsgml_size_bytes": 24257}]
{"company-data": {"conformed-name": "SLM Student Loan Trust 2009-2", "cik": "0001459831", "assigned-sic": "6189", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-141930-15", "film-number": "09773344"}, "business-address": {"street1": "11600 SALLIE MAE DRIVE", "street2": "1ST FLOOR", "city": "RESTON", "state": "VA", "zip": "20193", "phone": "703-810-3000"}, "mail-address": {"street1": "11600 SALLIE MAE DRIVE", "street2": "1ST FLOOR", "city": "RESTON", "state": "VA", "zip": "20193"}}
Form 8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 21, 2009
SLM Student Loan Trust 2009-2
(Exact name of registrant as specified in its charter)
Delaware
333-141930-15
61-1466416
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
c/o The Bank of New York Mellon Trust
Co, N.A., 10161Centurion Parkway,
Jacksonville, Florida
32256
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code:
703 984-6419
(Former name or former address if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
Closing of SLM Student Loan Trust 2009-2.
SLM Student Loan Trust 2009-2 (the "Trust") was formed on January 6, 2009 pursuant to the Trust Agreement (the "Trust
Agreement"), dated as of January 6, 2009, among SLM Funding LLC ("SLM Funding"), The Bank of New York Mellon Trust
Company, National Association, not in its individual capacity but solely as the eligible lender trustee (the "Eligible
Lender Trustee") and BNY Mellon Trust of Delaware, not in its individual capacity but solely as the Delaware trustee
(the "Delaware Trustee"). The Trust Agreement was amended and restated as of April 21, 2009 pursuant to the Amended and
Restated Trust Agreement by and among SLM Funding, the Eligible Lender Trustee, Deutsche Bank Trust Company Americas,
as indenture trustee (the "Indenture Trustee") and the Delaware Trustee.
On April 15, 2009, SLM Funding, SLM Education Credit Finance Corporation ("ECFC") and SLM Corporation on the one hand,
and Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and RBS Securities Inc., as representatives of
the underwriters named in the Underwriting Agreement (collectively, the "Representatives"), on the other, executed and
delivered the Underwriting Agreement relating to the Student Loan-Backed Notes (the "Notes") to be issued by the Trust.
On April 17, 2009, SLM Funding, ECFC and SLM Corporation on the one hand, and the Representatives, on the other,
executed and delivered the Pricing Agreement relating to the Notes.
In connection with the foregoing, the following agreements were executed and delivered by the respective parties
thereto: (a) the Purchase Agreement, dated as of April 21, 2009, by and among SLM Funding, ECFC and The Bank of New
York Mellon Trust Company, National Association, not in its individual capacity but solely as interim eligible lender
trustee for the benefit of SLM Funding (the "Interim Eligible Lender Trustee"); (b) the Purchase Agreement, dated as of
April 21, 2009, by and among Bluemont Funding LLC ("Bluemont Funding"), The Bank of New York Mellon Trust Company,
National Association, not in its individual capacity but solely as interim eligible lender trustee for Bluemont Funding
(the "Bluemont Funding Eligible Lender Trustee"), SLM Funding, the Interim Eligible Lender Trustee and Sallie Mae,
Inc., as the servicer (the "Servicer"); (c) the Purchase Agreement, dated as of April 21, 2009, by and among Town
Center Funding LLC ("Town Center Funding"), The Bank of New York Mellon Trust Company, National Association, not in its
individual capacity but solely as interim eligible lender trustee for Town Center Funding (the "Town Center Funding
Eligible Lender Trustee"), SLM Funding, the Interim Eligible Lender Trustee and the Servicer; (d) the Purchase
Agreement, dated as of April 21, 2009, by and among Town Hall Funding LLC ("Town Hall Funding"), The Bank of New York
Mellon Trust Company, National Association, not in its individual capacity but solely as interim eligible lender
trustee for Town Hall Funding (the "Town Hall Funding Eligible Lender Trustee"), SLM Funding, the Interim Eligible
Lender Trustee and the Servicer; (e) the Purchase Agreement, dated as of April 21, 2009, by and among VL Funding LLC
("VL Funding"), The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but
solely as interim eligible lender trustee for VL Funding (the "VL Funding Eligible Lender Trustee"), SLM Funding, the
Interim Eligible Lender Trustee and the Servicer; (f) the Interim Trust Agreement, dated as of April 21, 2009, by and
between SLM Funding and the Interim Eligible Lender Trustee; (g) the Interim Trust Agreement, dated as of April 21,
2009, by and between Bluemont Funding and the Bluemont Funding Eligible Lender Trustee; (h) the Interim Trust
Agreement, dated as of April 21, 2009, by and between Town Center Funding and the Town Center Funding Eligible Lender
Trustee; (i) the Interim Trust Agreement, dated as of April 21, 2009, by and between Town Hall Funding and the Town
Hall Funding Eligible Lender Trustee; (j) the Indenture, dated as of April 21, 2009, by and among the Trust, the
Eligible Lender Trustee and the Indenture Trustee; (k) the Sale Agreement, dated as of April 21, 2009, by and among the
Trust, the Eligible Lender Trustee, SLM Funding and the Interim Eligible Lender Trustee; (l) the Administration
Agreement, dated as of April 21, 2009, by and among the Trust, Sallie Mae, Inc., in its capacity as administrator (the
"Administrator"), the Eligible Lender Trustee, the Servicer, SLM Funding and the Indenture Trustee; and (m) the
Servicing Agreement, dated as of April 21, 2009, by and among the Servicer, the Administrator, the Trust, the Eligible
Lender Trustee and the Indenture Trustee.
On April 21, 2009, the Trust issued $1,845,143,000 of its Notes.
Item 2.01 Completion of Acquisition or Disposition of Assets.
The Trust used the net proceeds of these notes to purchase approximately $1,977,901,351.46 of student loans.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
1.1 Underwriting Agreement relating to the Notes, dated April 21, 2009, by and among SLM Funding, ECFC, SLM Corporation
and the Representatives.
1.2 Pricing Agreement relating to the Notes, dated April 21, 2009, by and among SLM Funding, ECFC, SLM Corporation and
the Representatives.
4.1 Amended and Restated Trust Agreement, dated as of April 21, 2009, by and among SLM Funding, the Eligible Lender
Trustee, the Indenture Trustee and the Delaware Trustee.
4.2 SLM Funding Interim Trust Agreement, dated as of April 21, 2009, by and between SLM Funding and the Interim
Eligible Lender Trustee.
4.3 Bluemont Funding Interim Trust Agreement, dated as of April 21, 2009, by and between Bluemont Funding and the
Bluemont Funding Eligible Lender Trustee.
4.4 Town Center Interim Trust Agreement, dated as of April 21, 2009, by and between Town Center Funding and the Town
Center Funding Eligible Lender Trustee.
4.5 Town Hall Interim Trust Agreement, dated as of April 21, 2009, by and between Town Hall Funding and the Town Hall
Funding Eligible Lender Trustee.
4.6 VL Funding Interim Trust Agreement, dated as of April 21, 2009, by and between VL Funding and the VL Funding
Eligible Lender Trustee.
4.7 Indenture, dated as of April 21, 2009, by and among the Trust, the Eligible Lender Trustee and the Indenture
Trustee.
5.1 Opinion of Richards, Layton & Finger, P.A., dated April 21, 2009, with respect to due authorization, enforceability
and legality of the Notes.
99.1 Purchase Agreement, dated as of April 21, 2009, by and among SLM Funding, the Interim Eligible Lender Trustee and
ECFC.
99.2 Purchase Agreement, dated as of April 21, 2009, by and among Bluemont Funding, the Bluemont Funding Eligible
Lender Trustee, SLM Funding, the Interim Eligible Lender Trustee and the Servicer.
99.3 Purchase Agreement, dated as of April 21, 2009, by and among Town Center Funding, the Town Center Funding Eligible
Lender Trustee, SLM Funding, the Interim Eligible Lender Trustee and the Servicer.
99.4 Purchase Agreement, dated as of April 21, 2009, by and among Town Hall Funding, the Town Hall Funding Eligible
Lender Trustee, SLM Funding, the Interim Eligible Lender Trustee and the Servicer.
99.5 Purchase Agreement, dated as of April 21, 2009, by and among VL Funding, the VL Funding Eligible Lender Trustee,
SLM Funding, the Interim Eligible Lender Trustee and the Servicer.
99.6 Sale Agreement, dated as of April 21, 2009, by and among SLM Funding, the Interim Eligible Lender Trustee, the
Eligible Lender Trustee and the Trust.
99.7 Administration Agreement, dated as of April 21, 2009, by and among the Trust, the Administrator, SLM Funding, the
Eligible Lender Trustee, the Servicer and the Indenture Trustee.
99.8 Servicing Agreement, dated as of April 21, 2009, by and among the Servicer, the Administrator, the Trust, the
Eligible Lender Trustee and the Indenture Trustee.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the issuing entity has duly caused this
report to be signed on its behalf by the undersigned hereunto duly authorized.
SLM STUDENT LOAN TRUST 2009-2
By:
SLM Funding LLC
Dated: April 27, 2009
By: /s/
Mark D. Rein
Name: Mark D. Rein
Title: Vice President
EXHIBIT INDEX
Exhibit No.
Description
1.1
Underwriting Agreement relating to the Notes, dated April 21,
2009, by and among SLM Funding, ECFC, SLM Corporation and the
Representatives.
1.2
Pricing Agreement relating to the Notes, dated April 21, 2009, by
and among SLM Funding, ECFC, SLM Corporation and the
Representatives.
4.1
Amended and Restated Trust Agreement, dated as of April 21, 2009,
by and among SLM Funding, the Eligible Lender Trustee, the
Indenture Trustee and the Delaware Trustee.
4.2
SLM Funding Interim Trust Agreement, dated as of April 21, 2009,
by and between SLM Funding and the Interim Eligible Lender
Trustee.
4.3
Bluemont Funding Interim Trust Agreement, dated as of April 21,
2009, by and between Bluemont Funding and the Bluemont Funding
Eligible Lender Trustee.
4.4
Town Center Interim Trust Agreement, dated as of April 21, 2009,
by and between Town Center Funding and the Town Center Funding
Eligible Lender Trustee.
4.5
Town Hall Interim Trust Agreement, dated as of April 21, 2009, by
and between Town Hall Funding and the Town Hall Funding Eligible
Lender Trustee.
4.6
VL Funding Interim Trust Agreement, dated as of April 21, 2009,
by and between VL Funding and the VL Funding Eligible Lender
Trustee.
4.7
Indenture, dated as of April 21, 2009, by and among the Trust,
the Eligible Lender Trustee and the Indenture Trustee.
5.1
Opinion of Richards, Layton & Finger, P.A., dated April 21, 2009,
with respect to due authorization, enforceability and legality of
the Notes.
99.1
Purchase Agreement, dated as of April 21, 2009, by and among SLM
Funding, the Interim Eligible Lender Trustee and ECFC.
99.2
Purchase Agreement, dated as of April 21, 2009, by and among
Bluemont Funding, the Bluemont Funding Eligible Lender Trustee,
SLM Funding, the Interim Eligible Lender Trustee and the
Servicer.
99.3
Purchase Agreement, dated as of April 21, 2009, by and among Town
Center Funding, the Town Center Funding Eligible Lender Trustee,
SLM Funding, the Interim Eligible Lender Trustee and the
Servicer.
99.4
Purchase Agreement, dated as of April 21, 2009, by and among Town
Hall Funding, the Town Hall Funding Eligible Lender Trustee, SLM
Funding, the Interim Eligible Lender Trustee and the Servicer.
99.5
Purchase Agreement, dated as of April 21, 2009, by and among VL
Funding, the VL Funding Eligible Lender Trustee, SLM Funding, the
Interim Eligible Lender Trustee and the Servicer.
99.6
Sale Agreement, dated as of April 21, 2009, by and among SLM
Funding, the Interim Eligible Lender Trustee, the Eligible Lender
Trustee and the Trust.
99.7
Administration Agreement, dated as of April 21, 2009, by and
among the Trust, the Administrator, SLM Funding, the Eligible
Lender Trustee, the Servicer and the Indenture Trustee.
99.8
Servicing Agreement, dated as of April 21, 2009, by and among the
Servicer, the Administrator, the Trust, the Eligible Lender
Trustee and the Indenture Trustee.