Item 2. Properties.
SLM Funding LLC, is the depositor for the SLM Student Loan Trust 2005-9. The property of the Trust consists of pools of education loans to students and parents of students made under the Federal Family Education Loan Program, all funds collected in respect thereof and monies on deposit in certain trust accounts together with rights to receive payments under certain swap transactions.
On an annual basis, the SLM Student Loan Trust 2005-9 is required to provide statements of compliance of its servicers and administrators. The Annual Statements of Compliance for the SLM Student Loan Trust 2005-9 are attached as Exhibit 99.1 hereto. These statements are required by:
• Adminstration Agreement, dated as of November 15, 2005, among SLM Funding LLC,as the Depositor, Sallie Mae, Inc., as the Administrator, Sallie Mae, Inc., as the Servicer, SLM Student Loan Trust 2005-9, as the Trust, Deutsche Bank Trust Company Americas, as the Indenture Trustee, and Chase Bank USA, National Association, as the Eligible Lender Trustee; and
• the Servicing Agreement, dated as of November 15, 2005 among the Servicer, the Trust, the Administrator, the Indenture Trustee and the Eligible Lender Trustee.
Item 3.
Item 3. Legal Proceedings.
Nothing to report.
Item 4.
Item 4. Submission of Matters to a Vote of Security Holders.
Nothing to report.
PART II.
Item 5.
Item 5. Market for Registrant’s Common Equity and Related Stockholder Matters.
Nothing to report.
Item 7.
Item 7. Other Related Events and Information.
Nothing to report.
Item 9.
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.
Item 9B.
Item 9B. Other Information.
Nothing to report.
PART III.
Item 12.
Item 12. Security Ownership of Certain Beneficial Owners and Management.
Nothing to report.
Item 13.
Item 13. Certain Relationships and Related Transactions.
Nothing to report.
PART IV.
Item 15.
Item 15. Exhibits, Financial Statement Schedules and Reports on Form 8-K.
(a) Exhibits. The following documents are filed as part of this Annual Report on Form 10-K:
Designation
Description
Exhibit 33.1
Section 302 Certification
Exhibit 99.1
Annual Statements of Compliance of the Administrator and the Servicer
Exhibit 99.2
Annual Independent Certified Public Accountant’s Report
(b) Reports on Form 8-K. The Registrant, on behalf of the SLM Student Loan Trust 2005-9, filed one (1) Current Report on Form 8-K with the Commission during the period covered by this report. They are:
• On November 18, 2005 in connection with the closing of SLM Student Loan Trust 2005-9.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the SLM Student Loan Trust 2005-9 has duly caused this report to be signed, on its behalf by the undersigned hereunto duly authorized.
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities indicated on the dates indicated.
Signature
Capacity
Date
/S/ C.E. ANDREWS
March 31, 2006
C.E. Andrews
President (Principal Executive Officer), Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) and Manager
/S/ THOMAS J. FITZPATRICK
Manager
March 31, 2006
Thomas J. Fitzpatrick
/S/ J. LANCE FRANKE*
Senior Vice President,
March 31, 2006
J. Lance Franke
Sallie Mae, Inc.
Victor A. Duva
Manager
March 31, 2006
Kenneth J. Uva
Manager
March 31, 2006
*
J. Lance Franke is signing in his capacity as a Senior Vice President of Sallie Mae, Inc., Sallie Mae, Inc. is one of the Managers of SLM Funding LLC.
INDEX TO EXHIBITS
Exhibit
Number
Exhibit
Sequentially
Numbered
Page
33.1
Section 302 Certificate
99.1
Annual Statements of Compliance of the Administrator and the Servicer
99.2
Annual Independent Certified Public Accountant’s Report