Recent Material Event
Item 1119 of Regulation AB, information required
by Item 1119 has been omitted from this Report because substantially the same information related to affiliates of
the Issuing Entity and certain relationships and related transactions is
provided in the section titled The Sponsor, Servicer and Administrator of the base prospectus,
previously filed with the SEC on March 31, 2009 pursuant to Securities Act Rule 424, file number
333-141930.
Item 1122
of Regulation AB. Compliance with Applicable Servicing Criteria
Sallie Mae, Inc., as the Servicer, Great Lakes Education Loan
Services, Inc., as subservicer, Sallie Mae, Inc., as the Administrator and Deutsche Bank
Trust Company Americas, as the Indenture Trustee (collectively,
the Servicing Parties) have each been identified by the Depositor as parties participating in the servicing
function with respect to the asset pool held by the Issuing Entity.
Each of the Servicing Parties has completed a report on assessment of compliance with the servicing criteria applicable to it
(each a Servicing Report), which Servicing Reports are attached as exhibits to this Form 10-K. Each of the
Servicing Parties have provided an attestation report (each an Attestation Report) by one or more public accounting firms,
which reports are also attached as exhibits to this Report. None of the Servicing Reports or Attestation Reports has
identified any material instance of noncompliance with the servicing criteria as applicable to the respective Servicing Party.
There have been no material instances of noncompliance
with the servicing criteria for the period of
this Report.
Item 1123
of Regulation AB. Servicer Compliance Statement
A
Servicer Compliance Statement for each of Sallie Mae, Inc., as
Servicer, Great Lakes Education Loan
Services, Inc., as subservicer and Sallie Mae, Inc., as
Administrator, is included as an exhibit to this Report.
3
PART III
Item 10.
Directors, Executive Officers, and Corporate Governance
Omitted.
Item 11. Executive Compensation
Omitted.
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
Omitted.
Item 13.
Certain Relationships, Related Transactions, and Director Independence
Omitted.
Item 14.
Principal Accountant Fees and Services
Omitted.
4
PART IV
Item 15.
Exhibits and Financial Statement Schedules
| (a) | List of Documents Filed as Part of this Annual Report on Form 10-K |
| (1) | Not applicable. | |||
| (2) | Not applicable. | |||
| (3) | See Item 15 (b) below. |
| (b) | Exhibits Required by Item 601 of Regulation S-K |
| EXHIBIT | DESCRIPTION | |
4.1
|
Indenture dated as of April 9, 2009 among SLM Student Loan Trust 2009-1, The Bank of New York Mellon Trust Company, National Association and Deutsche Bank Trust Company Americas incorporated by reference from Exhibit 4.4 of the Current Report on Form 8-K of the registrant, as filed with the Commission on April 15, 2009. | |
10.1
|
Incorporated by reference as Exhibit 4.1 | |
31.1
|
Rule 13a-14(d)/15d-14(d) Certification. (Section 302 Certification) | |
33.1
|
Report on Assessment of Compliance with Servicing Criteria concerning servicing activities of Sallie Mae, Inc., as Servicer, as of and for the year ended December 31, 2009. | |
33.2
|
Report on Assessment of Compliance with Servicing Criteria concerning servicing activities of Sallie Mae, Inc., as Administrator, as of and for the year ended December 31, 2009. | |
33.3
|
Report on Assessment of Compliance with Servicing Criteria concerning servicing activities of Deutsche Bank Trust Company Americas, as Indenture Trustee, as of and for the year ended December 31, 2009. | |
33.4
|
Report on Assessment of Compliance with Servicing Criteria concerning servicing activities of Great Lakes Education Loan Services, Inc., as subservicer, as of and for the year ended December 31, 2009. | |
34.1
|
Independent Accountants Attestation Report concerning servicing activities of Sallie Mae, Inc., as Servicer, as of and for the year ended December 31, 2009. | |
34.2
|
Independent Accountants Attestation Report concerning servicing activities of Sallie Mae, Inc., as Administrator, as of and for the year ended December 31, 2009. | |
34.3
|
Independent Accountants Attestation Report concerning servicing activities of Deutsche Bank Trust Company Americas, as Indenture Trustee, as of and for the year ended December 31, 2009. | |
34.4
|
Independent Accountants Attestation Report concerning servicing activities of Great Lakes Education Loan Services, Inc., as subservicer, as of and for the year ended December 31, 2009. | |
35.1
|
Statement of Compliance of Sallie Mae, Inc. under the Servicing Agreement for the year ended December 31, 2009. | |
35.2
|
Statement of Compliance of Sallie Mae, Inc. under the Administration Agreement for the year ended December 31, 2009. |
| (c) | Omitted. | ||
| (d) Reports on Form 8-K. The Administrator, on behalf of the SLM Student Loan Trust 2009-1, filed two (2) Current Reports on Form 8-K with the SEC during the period covered by this Report. They are: | |||
| | On April 9, 2009, certain legal opinions in connection with the issuance by SLM Student Loan Trust 2009-1 of its Student Loan-Backed Notes. | ||
| | On April 15, 2009, in connection with the closing of the issuance by SLM Student Loan Trust 2009-1 of its Student Loan-Backed Notes. | ||
5
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed, on its behalf
by the undersigned hereunto duly authorized.
| Dated: March 29, 2010 | SLM FUNDING LLC, | |||||
| the Depositor for itself as Registrant and on behalf of the SLM Student Loan Trust 2009-1 | ||||||
| By: | /s/ JONATHAN C. CLARK
Title: Executive Vice President and Treasurer (Senior Securitization Officer) |
|||||
6
INDEX TO EXHIBITS
| Exhibit | ||||
| Number | Exhibit | |||
4.1
|
Indenture dated as of April 9, 2009 among SLM Student Loan Trust 2009-1, The Bank of New York Mellon Trust Company, National Association and Deutsche Bank Trust Company Americas incorporated by reference from Exhibit 4.4 of the Current Report on Form 8-K of the registrant, as filed with the Commission on April 15, 2009. | |||
10.1
|
Incorporated by reference as Exhibit 4.1 | |||
31.1
|
Rule 13a-14(d)/15d-14(d) Certification. (Section 302 Certification) | |||
33.1
|
Report on Assessment of Compliance with Servicing Criteria concerning servicing activities of Sallie Mae, Inc., as Servicer, as of and for the year ended December 31, 2009. | |||
33.2
|
Report on Assessment of Compliance with Servicing Criteria concerning servicing activities of Sallie Mae, Inc., as Administrator, as of and for the year ended December 31, 2009. | |||
33.3
|
Report on Assessment of Compliance with Servicing Criteria concerning servicing activities of Deutsche Bank Trust Company Americas, as Indenture Trustee, as of and for the year ended December 31, 2009. | |||
33.4
|
Report on Assessment of Compliance with Servicing Criteria concerning servicing activities of Great Lakes Education Loan Services, Inc., as subservicer, as of and for the year ended December 31, 2009. | |||
34.1
|
Independent Accountants Attestation Report concerning servicing activities of Sallie Mae, Inc., as Servicer, as of and for the year ended December 31, 2009. | |||
34.2
|
Independent Accountants Attestation Report concerning servicing activities of Sallie Mae, Inc., as Administrator, as of and for the year ended December 31, 2009. | |||
34.3
|
Independent Accountants Attestation Report concerning servicing activities of Deutsche Bank Trust Company Americas, as Indenture Trustee, as of and for the year ended December 31, 2009. | |||
34.4
|
Independent Accountants Attestation Report concerning servicing activities of Great Lakes Education Loan Services, Inc., as subservicer, as of and for the year ended December 31, 2009. | |||
35.1
|
Statement of Compliance of Sallie Mae, Inc. under the Servicing Agreement for the year ended December 31, 2009. | |||
35.2
|
Statement of Compliance of Sallie Mae, Inc. under the Administration Agreement for the year ended December 31, 2009. | |||
(c)
|
Omitted. | |||
(d)
|
Reports on Form 8-K. The Administrator, on behalf of the SLM Student Loan Trust 2009-1, filed two (2) Current Reports on Form 8-K with the SEC during the period covered by this Report. They are: | |||
|
On April 9, 2009, certain legal opinions in connection with the issuance by SLM Student Loan Trust 2009-1 of its Student Loan-Backed Notes. | |||
|
On April 15, 2009, in connection with the closing of the issuance by SLM Student Loan Trust 2009-1 of its Student Loan-Backed Notes. |
7
