ANNEX A

THE TRUST STUDENT LOAN POOL

The trust student loans owned by the trust were originally selected from a portfolio of consolidation student loans owned by SLM ECFC and VG Funding by employing several criteria, including requirements that each trust student loan as of the original cutoff date (and with respect to each additional trust student loan as of its related subsequent cutoff date):

•	was a consolidation loan guaranteed as to principal and interest by a guaranty agency under a guarantee agreement and the guaranty agency was, in turn, reinsured by the Department of Education in accordance with the FFELP;

•	contained terms in accordance with those required by the FFELP, the guarantee agreements and other applicable requirements;

•	was fully disbursed;

•	was not more than 210 days past due;

•	did not have a borrower who was noted in the related records of the servicer as being currently involved in a bankruptcy proceeding; and

•	had special allowance payments, if any, based on the three-month commercial paper rate or the 91-day Treasury bill rate.

No trust student loan as of the applicable cutoff date was subject to any prior obligation to sell that loan to a third party.

Unless otherwise specified, all information with respect to the trust student loans is presented as of August 31, 2022, which is the statistical disclosure date.

The following tables provide a description of specified characteristics of the trust student loans as of the statistical disclosure date. The aggregate outstanding principal balance of the loans in each of the following tables includes the principal balance due from borrowers, plus accrued interest of $2,768,317 to be capitalized as of the statistical disclosure date. Percentages and dollar amounts in any table may not total 100% or whole dollars due to rounding. The following tables also contain information concerning the total number of loans and total number of borrowers in the portfolio of trust student loans. For ease of administration, the servicer separates a consolidation loan on its system into two separate loan segments representing subsidized and unsubsidized segments of the same loan. The following tables reflect those loan segments within the number of loans. In addition, 6 borrowers have more than one trust student loan.

The distribution by weighted average interest rate applicable to the trust student loans on any date following the statistical disclosure date may vary significantly from that in the following tables as a result of variations in the effective rates of interest applicable to the trust student loans and in rates of principal reduction. Moreover, the information below about the weighted average remaining term to maturity of the trust student loans as of the statistical disclosure date may vary significantly from the actual term to maturity of any of the trust student loans as a result of prepayments or the granting of deferment and forbearance periods. See “Risk Factors—Forbearances Granted As a Result of the COVID-19 Pandemic May Delay Payments of Interest and Principal” in this remarketing memorandum.

A-1

2004-10

The following tables also contain information concerning the total number of loans and the total number of borrowers in the portfolio of trust student loans.

Percentages and dollar amounts in any table may not total 100% of the trust student loan balance, as applicable, due to rounding.

COMPOSITION OF THE TRUST STUDENT LOANS AS OF
THE STATISTICAL DISCLOSURE DATE

Aggregate Outstanding Principal Balance	$	780,234,072
Aggregate Outstanding Principal Balance – Treasury Bill	$	41,249,893
Percentage of Aggregate Outstanding Principal Balance –Treasury Bill		5.29	%
Aggregate Outstanding Principal Balance – One-Month LIBOR	$	682,650,339
Percentage of Aggregate Outstanding Principal Balance – One-Month LIBOR		87.49	%
Aggregate Outstanding Principal Balance – Treasury Bill Other	$	56,333,840
Percentage of Aggregate Outstanding Principal Balance – Treasury Bill Other		7.22	%
Number of Borrowers		23,953
Average Outstanding Principal Balance Per Borrower	$	32,574
Number of Loans		43,775
Average Outstanding Principal Balance Per Loan – Treasury Bill	$	42,135
Average Outstanding Principal Balance Per Loan – One-Month LIBOR	$	16,439
Average Outstanding Principal Balance Per Loan – Treasury Bill Other	$	44,392
Weighted Average Remaining Term to Scheduled Maturity	175 months
Weighted Average Annual Interest Rate		4.54	%

We determined the weighted average remaining term to maturity shown in the table from the statistical disclosure date to the stated maturity date of the applicable trust student loan without giving effect to any deferment or forbearance periods that may be granted in the future. See Appendix A to the preliminary remarketing memorandum.

The weighted average annual borrower interest rate shown in the table is exclusive of special allowance payments. The weighted average spread for special allowance payments to the 91-day Treasury bill rate was 3.12% as of the statistical disclosure date.

The weighted average spread for special allowance payments to the one-month LIBOR rate was 2.64% as of the statistical disclosure date. See “Special Allowance Payments” in Appendix A to the preliminary remarketing memorandum.

The category “Other” in the table above represents the Health Education Assistance Loan Program (which we refer to as “HEAL” and the loans originated under such program as “HEAL Loans”) portion of any consolidation loans made under the FFELP which consolidated one or more Stafford Loans, SLS Loans and/or PLUS Loans with one or more student loans originated under the HEAL Program. These consolidation loans are guaranteed as to principal and interest by a guaranty agency and reinsured by the Department of Education. The HEAL portion of any consolidation loan is not eligible to receive special allowance payments or interest subsidy payments. The interest rate on the HEAL Loan segment of any such consolidation loan is variable and is reset each July 1, based upon the average bond-equivalent rate for 91-day Treasury bills auctioned during the three months ending June 30, plus 3.0%. In addition, the applicable interest rate on the HEAL Loan segment of any such consolidation loan is not subject to any cap on the interest rate that may apply to the principal of the HEAL Loan segment.

For these purposes, the 91-day Treasury bill rate is the weighted average per annum discount rate, expressed on a bond equivalent basis and applied on a daily basis, for direct obligations of the United States with a maturity of thirteen weeks, as reported by the U.S. Department of the Treasury.

A-2

2004-10

DISTRIBUTION OF THE TRUST STUDENT LOANS
BY BORROWER INTEREST RATES AS OF THE STATISTICAL
DISCLOSURE DATE

Interest Rates	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
Less than or equal to 3.00%		9,140	$	118,475,342		15.2	%
3.01% to 3.50%		11,354		135,639,295		17.4
3.51% to 4.00%		8,031		125,639,308		16.1
4.01% to 4.50%		9,257		188,214,367		24.1
4.51% to 5.00%		1,716		38,572,458		4.9
5.01% to 5.50%		725		17,886,979		2.3
5.51% to 6.00%		486		13,007,960		1.7
6.01% to 6.50%		457		16,162,069		2.1
6.51% to 7.00%		698		21,890,654		2.8
7.01% to 7.50%		315		11,706,370		1.5
7.51% to 8.00%		598		25,222,325		3.2
8.01% to 8.50%		638		45,003,437		5.8
Equal to or greater than 8.51%		360		22,813,508		2.9

Total		43,775	$	780,234,072		100.0	%

We determined the interest rates shown in the table above using the interest rates applicable to the trust student loans as of the statistical disclosure date. Because trust student loans with different interest rates are likely to be repaid at different rates, this information is not likely to remain applicable to the trust student loans after the statistical disclosure date. See Appendix A to the preliminary remarketing memorandum and “The Student Loan Pools – SLM Corporation’s Student Loan Financing Business” in the prospectus.

A-3

2004-10

DISTRIBUTION OF THE TRUST STUDENT LOANS BY
OUTSTANDING PRINCIPAL BALANCE PER BORROWER
AS OF THE STATISTICAL DISCLOSURE DATE

Range of Outstanding Principal Balance	Number of Borrowers		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
Less than $5,000.00		5,220	$	13,169,998		1.7	%
$ 5,000.00-$ 9,999.99		3,605		26,458,085		3.4
$10,000.00-$14,999.99		2,663		33,159,083		4.2
$15,000.00-$19,999.99		2,069		36,146,537		4.6
$20,000.00-$24,999.99		1,606		35,937,936		4.6
$25,000.00-$29,999.99		1,371		37,580,592		4.8
$30,000.00-$34,999.99		1,019		33,104,944		4.2
$35,000.00-$39,999.99		863		32,345,166		4.1
$40,000.00-$44,999.99		745		31,653,570		4.1
$45,000.00-$49,999.99		589		27,900,837		3.6
$50,000.00-$54,999.99		494		25,916,968		3.3
$55,000.00-$59,999.99		406		23,335,651		3.0
$60,000.00-$64,999.99		364		22,755,002		2.9
$65,000.00-$69,999.99		289		19,480,143		2.5
$70,000.00-$74,999.99		258		18,729,716		2.4
$75,000.00-$79,999.99		195		15,087,152		1.9
$80,000.00-$84,999.99		202		16,622,865		2.1
$85,000.00-$89,999.99		184		16,081,869		2.1
$90,000.00-$94,999.99		171		15,817,608		2.0
$95,000.00-$99,999.99		127		12,358,756		1.6
$100,000.00 and above		1,513		286,591,593		36.7

Total		23,953	$	780,234,072		100.0	%

DISTRIBUTION OF THE TRUST STUDENT LOANS
BY DELINQUENCY STATUS AS OF THE
STATISTICAL DISCLOSURE DATE

Number of Days Delinquent	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
0-30 days		40,859	$	708,492,844		90.8	%
31-60 days		1,105		22,740,909		2.9
61-90 days		528		12,847,894		1.6
91-120 days		344		9,272,503		1.2
121-150 days		245		7,948,101		1.0
151-180 days		186		4,339,068		0.6
181-210 days		133		2,908,650		0.4
Greater than 210 days		465		11,684,103		1.5

Total		43,775	$	780,234,072		100.0	%

A-4

2004-10

DISTRIBUTION OF THE TRUST STUDENT LOANS
BY REMAINING TERM TO SCHEDULED MATURITY
AS OF THE STATISTICAL DISCLOSURE DATE

Number of Months Remaining to Scheduled Maturity	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
0 to 3		145	$	34,245		*
4 to 12		566		441,151		0.1	%
13 to 24		1,564		2,612,583		0.3
25 to 36		5,043		10,333,851		1.3
37 to 48		2,448		8,966,586		1.1
49 to 60		2,099		10,437,362		1.3
61 to 72		1,659		10,563,779		1.4
73 to 84		1,896		13,948,992		1.8
85 to 96		3,827		31,000,251		4.0
97 to 108		2,007		22,207,562		2.8
109 to 120		1,905		26,685,960		3.4
121 to 132		3,048		56,912,772		7.3
133 to 144		3,391		74,473,030		9.5
145 to 156		4,343		94,536,385		12.1
157 to 168		2,186		61,168,716		7.8
169 to 180		1,714		53,774,199		6.9
181 to 192		1,241		45,249,916		5.8
193 to 204		979		38,889,474		5.0
205 to 216		854		35,913,977		4.6
217 to 228		604		27,130,372		3.5
229 to 240		526		23,237,197		3.0
241 to 252		342		16,009,178		2.1
253 to 264		215		11,200,306		1.4
265 to 276		202		11,521,423		1.5
277 to 288		136		8,338,005		1.1
289 to 300		234		18,182,942		2.3
301 to 312		337		38,878,735		5.0
313 to 324		55		4,162,460		0.5
325 to 336		33		2,259,278		0.3
337 to 348		40		4,359,285		0.6
349 to 360		93		11,887,342		1.5
361 and above		43		4,916,809		0.6

Total		43,775	$	780,234,072		100.0	%

* Represents a percentage greater than 0% but less than 0.05%.

We have determined the number of months remaining to scheduled maturity shown in the table from the statistical disclosure date to the stated maturity date of the applicable trust student loan without giving effect to any deferment or forbearance periods that may be granted in the future. See Appendix A to the preliminary remarketing memorandum and “The Student Loan Pools – SLM Corporation’s Student Loan Financing Business” in the prospectus.

A-5

2004-10

DISTRIBUTION OF THE TRUST STUDENT LOANS
BY CURRENT BORROWER PAYMENT STATUS
AS OF THE STATISTICAL DISCLOSURE DATE

Current Borrower Payment Status	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
Deferment		1,044	$	18,114,689		2.3	%
Forbearance*		3,183		77,134,598		9.9
Repayment
First year in repayment		366		19,587,333		2.5
Second year in repayment		302		15,481,632		2.0
Third year in repayment		422		13,869,673		1.8
More than 3 years in repayment		38,458		636,046,147		81.5

Total		43,775	$	780,234,072		100.0	%

* Of the trust student loans in forbearance status, approximately 121 loans with an aggregate outstanding principal balance of $2,016,790, representing 0.26% of the pool by principal, are in the Coronavirus Disaster Forbearance Program.

Current borrower payment status refers to the status of the borrower of each trust student loan as of the statistical disclosure date. The borrower:

•	may have temporarily ceased repaying the loan through a deferment or a forbearance period (this category includes the Coronavirus Disaster Forbearance Program); or

•	may be currently required to repay the loan – repayment.

See Appendix A to the preliminary remarketing memorandum and “The Student Loan Pools – SLM Corporation’s Student Loan Financing Business” in the prospectus.

The weighted average number of months in repayment for all trust student loans currently in repayment is approximately 140.5 calculated as the term to maturity at the commencement of repayment less the number of months remaining to scheduled maturity as of the statistical disclosure date.

SCHEDULED WEIGHTED AVERAGE REMAINING MONTHS IN
STATUS OF THE TRUST STUDENT LOANS BY
CURRENT BORROWER PAYMENT STATUS AS OF THE
STATISTICAL DISCLOSURE DATE

	Scheduled Months in Status Remaining
Current Borrower Payment Status	Deferment	Forbearance	Repayment
Deferment	17.2	-	189.3
Forbearance	-	12.3	196.6
Repayment	-	-	170.7

A-6

2004-10

We have determined the scheduled weighted average remaining months in status shown in the previous table without giving effect to any deferment or forbearance periods that may be granted in the future. Of the $18,114,689 aggregate outstanding principal balance of the trust student loans in deferment as of the statistical disclosure date, $13,090,951 or approximately 72.3% of such loans are to borrowers who had not graduated as of that date. We expect that a significant portion of these loans could qualify for additional deferments or forbearances at the end of their current deferment periods as the related borrowers continue their education beyond their current degree programs. As a result, the overall duration of any applicable deferment and forbearance periods as well as the likelihood of future deferment and forbearance periods within this pool of trust student loans is likely to be higher than in other pools of student loans without similar numbers of in-school consolidation loans. See Appendix A to the preliminary remarketing memorandum and “The Student Loan Pools – SLM Corporation’s Student Loan Financing Business” in the prospectus.

GEOGRAPHIC DISTRIBUTION OF THE TRUST STUDENT LOANS
AS OF THE STATISTICAL DISCLOSURE DATE

State	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
Alabama		381	$	7,268,186		0.9	%
Alaska		48		648,739		0.1
Arizona		928		18,764,584		2.4
Arkansas		264		4,887,819		0.6
California		4,650		92,941,114		11.9
Colorado		698		10,773,572		1.4
Connecticut		631		8,025,791		1.0
Delaware		145		3,724,687		0.5
District of Columbia		163		2,857,442		0.4
Florida		3,379		64,737,261		8.3
Georgia		1,339		31,425,211		4.0
Hawaii		193		3,133,964		0.4
Idaho		167		4,062,218		0.5
Illinois		1,720		29,080,656		3.7
Indiana		1,199		16,703,550		2.1
Iowa		177		3,005,815		0.4
Kansas		767		9,628,904		1.2
Kentucky		345		5,245,312		0.7
Louisiana		1,386		23,426,307		3.0
Maine		123		1,687,010		0.2
Maryland		1,053		21,237,230		2.7
Massachusetts		1,278		17,864,994		2.3
Michigan		863		16,920,734		2.2
Minnesota		467		9,259,666		1.2
Mississippi		358		7,016,014		0.9
Missouri		890		14,042,537		1.8
Montana		99		1,540,249		0.2
Nebraska		71		1,247,713		0.2
Nevada		284		4,409,863		0.6
New Hampshire		205		2,751,241		0.4
New Jersey		1,205		21,328,452		2.7
New Mexico		130		1,799,114		0.2
New York		2,965		51,271,511		6.6
North Carolina		951		17,881,685		2.3
North Dakota		29		482,930		0.1

A-7

2004-10

State	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
Ohio		2,223		41,310,340		5.3
Oklahoma		822		12,905,712		1.7
Oregon		670		10,826,299		1.4
Pennsylvania		1,576		26,199,764		3.4
Rhode Island		108		1,640,186		0.2
South Carolina		491		11,409,569		1.5
South Dakota		55		693,620		0.1
Tennessee		895		18,897,256		2.4
Texas		3,683		63,124,181		8.1
Utah		154		3,396,745		0.4
Vermont		73		1,152,513		0.1
Virginia		1,178		19,904,155		2.6
Washington		1,210		18,703,612		2.4
West Virginia		206		2,256,165		0.3
Wisconsin		400		6,298,162		0.8
Wyoming		49		957,640		0.1
Other		431		9,476,081		1.2

Total		43,775	$	780,234,072		100.0	%

We have based the geographic distribution shown in the table on the billing addresses of the borrowers of the trust student loans shown on the servicer’s records as of the statistical disclosure date.

Each of the trust student loans provides or will provide for the amortization of its outstanding principal balance over a series of regular payments. Except as described below, each regular payment consists of an installment of interest which is calculated on the basis of the outstanding principal balance of the trust student loan. The amount received is applied first to interest accrued to the date of payment and the balance of the payment, if any, is applied to reduce the unpaid principal balance. Accordingly, if a borrower pays a regular installment before its scheduled due date, the portion of the payment allocable to interest for the period since the preceding payment was made will be less than it would have been had the payment been made as scheduled, and the portion of the payment applied to reduce the unpaid principal balance will be correspondingly greater. Conversely, if a borrower pays a monthly installment after its scheduled due date, the portion of the payment allocable to interest for the period since the preceding payment was made will be greater than it would have been had the payment been made as scheduled, and the portion of the payment applied to reduce the unpaid principal balance will be correspondingly less.

In either case, subject to any applicable deferment periods or forbearance periods, and except as provided below, the borrower pays a regular installment until the final scheduled payment date, at which time the amount of the final installment is increased or decreased as necessary to repay the then outstanding principal balance of that trust student loan.

A-8

2004-10

The servicer makes available to borrowers of student loans it holds (including the trust student loans) payment terms that may result in the lengthening of the remaining term of the student loans. For example, not all of the loans sold to the trust provide for level payments throughout the repayment term of the loans. Some student loans provide for interest only payments to be made for a designated portion of the term of the loans, with amortization of the principal of the loans occurring only when payments increase in the latter stage of the term of the loans. Other loans provide for a graduated phase in of the amortization of principal with a greater portion of principal amortization being required in the latter stages than would be the case if amortization were on a level payment basis. The servicer also offers an income-sensitive repayment plan, under which repayments are based on the borrower’s income. Under that plan, ultimate repayment may be delayed up to five years. Borrowers under trust student loans will continue to be eligible for the graduated payment and income-sensitive repayment plans. These programs are applicable to the trust student loans and may be offered by the servicer to related borrowers at its discretion.

The following table provides certain information about trust student loans subject to the repayment terms described in the preceding paragraphs.

DISTRIBUTION OF THE TRUST STUDENT LOANS BY REPAYMENT
TERMS AS OF THE STATISTICAL DISCLOSURE DATE

Loan Repayment Terms	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
Level Repayment		23,421	$	340,012,627		43.6	%
Other Repayment Options⁽¹⁾		16,032		280,032,188		35.9
Income-driven Repayment⁽²⁾		4,322		160,189,257		20.5

Total		43,775	$	780,234,072		100.0	%

(1)	Includes, among others, graduated repayment and interest-only period loans.

(2)	Includes income sensitive and income based repayment.

With respect to interest-only loans, as of the statistical disclosure date, there are 204 loans with an aggregate outstanding principal balance of $9,075,593 currently in an interest-only period. These interest-only loans represent approximately 1.2% of the aggregate outstanding principal balance of the trust student loans. Interest-only periods range up to 48 months in overall length.

The servicer may in the future offer repayment terms similar to those described above to borrowers of trust student loans who are not entitled to these repayment terms as of the statistical disclosure date. If repayment terms are offered to and accepted by those borrowers, the weighted average life of the securities could be lengthened.

A-9

2004-10

DISTRIBUTION OF THE TRUST STUDENT LOANS BY LOAN
TYPE AS OF THE STATISTICAL DISCLOSURE DATE

Loan Type	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
Subsidized		21,016	$	294,040,250		37.7	%
Unsubsidized		22,759		486,193,822		62.3

Total		43,775	$	780,234,072		100.0	%

The following table provides information about the trust student loans regarding date of disbursement.

DISTRIBUTION OF THE TRUST STUDENT LOANS
BY DATE OF DISBURSEMENT AS OF
THE STATISTICAL DISCLOSURE DATE

Disbursement Date	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
September 30, 1993 and earlier		111	$	5,773,030		0.7	%
October 1, 1993 through June 30, 2006		43,664		774,461,042		99.3
July 1, 2006 and later		0		0		0.0

Total		43,775	$	780,234,072		100.0	%

Guaranty Agencies for the Trust Student Loans. The eligible lender trustee has entered into a separate guarantee agreement with each of the guaranty agencies listed below, under which each of the guarantors has agreed to serve as guarantor for specified trust student loans.

The following table provides information with respect to the portion of the trust student loans guaranteed by each guarantor.

A-10

2004-10

DISTRIBUTION OF THE TRUST STUDENT LOANS
BY GUARANTY AGENCY AS OF
THE STATISTICAL DISCLOSURE DATE

Name of Guaranty Agency	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
American Student Assistance		1,726	$	23,044,176		3.0	%
College Assist		11		404,609		0.1
Educational Credit Management Corporation		3,071		45,318,841		5.8
Florida Off Of Student Fin’l Assistance		1,192		13,803,617		1.8
Great Lakes Higher Education Corporation		21,426		454,602,424		58.3
Kentucky Higher Educ. Asst. Auth.		1,055		13,735,393		1.8
Louisiana Office Of Student Financial Asst		702		9,126,234		1.2
Michigan Guaranty Agency		455		6,197,641		0.8
New York State Higher Ed Services Corp		5,359		86,816,090		11.1
Oklahoma Guaranteed Stud Loan Prog		721		10,277,734		1.3
Pennsylvania Higher Education Assistance Agency		3,793		49,424,619		6.3
Texas Guaranteed Student Loan Corp		4,264		67,482,694		8.6

Total		43,775	$	780,234,072		100.0	%

DELAWARE	333-104887/ 333-1049887-09	04-3480392
(State or other jurisdiction	(Commission File Numbers)	(I.R.S. Employer
of formation)		Identification Number)

	c/o Deutsche Bank Trust Company Americas 60 Wall Street, 16th Floor Mail Stop NYC60-1625 New York, New York 10005
	(Address of principal executive offices)

Title of each class	Trading symbol(s)	Name of each exchange on which registered
Not Applicable	Not Applicable	Not Applicable

(a)		Not applicable

(b)		Not applicable

(c)		Not applicable

(d)		Exhibits

99.1		Tables showing SLM Student Loan Trust 2004-10 Pool Information as of August 31, 2022.

	SLM STUDENT LOAN TRUST 2004-10


	By: NAVIENT SOLUTIONS, LLC, in its capacity as administrator of the Trust


Dated: October 13, 2022	By:	/s/ C. Scott Booher
		Name: C. Scott Booher
		Title: Vice President

Exhibit Number		Description

99.1		Tables Showing SLM Student Loan Trust 2004-10 Pool Information as of August 31, 2022.