Table of Contents
Acknowledgments
Foreword
Introduction
Table 1: Federal Family Education Loan (FFEL) program executive summary: FY66-FY96
Table 2: Federal Direct Loan Program (FDLP) cash flow as of September 30th: FY 94-FY96
Table 3: Federal Direct Loan Program (FDLP) portfolio status as of September 30th: FY94-FY96 (cumulative)
Table 4: Federal Family Education Loan (FFEL) program annual and cumulative commitments, by loan program: FY66-FY96
Table 5: Federal Direct Loan Program (FDLP) annual and cumulative commitments, by loan program: FY94-FY96
Table 6: Federal Family Education Loan (FFEL) program number of borrowers and dollar amount of Stafford Subsidized loans, by type of institution: FY86-FY96
Table 7: Federal Family Education Loan (FFEL) program number of borrowers and dollar amount of Stafford Unsubsidized loans, by type of institution: FY93-FY96
Table 8: Federal Family Education Loan (FFEL) program number of borrowers and dollar amount of Parent Loans for Undergraduate Students (PLUS) loans, by type of institution: FY86-FY96
Table 9: Federal Family Education Loan (FFEL) program number of borrowers and dollar amount of Supplemental Loan for Students (SLS) loans, by type of institution: FY86-FY94
Table 10: Federal Family Education Loan (FFEL) program number of borrowers and dollar amount of Stafford Subsidized, Stafford Unsubsidized, Parent Loans for Undergraduate Students (PLUS), and Supplemental Loan for Students (SLS) loans, by type of institution: FY86-FY96
Table 11: Federal Direct Loan Program (FDLP) number of borrowers and dollar amount of Stafford Subsidized, Stafford Unsubsidized, and Parent Loans for Undergraduate Students (PLUS) loans, by type of institution: FY94-FY96
Table 12: Federal Direct Loan Program (FDLP) number of loans and dollar amount of Stafford Subsidized, Stafford Unsubsidized, and Parent Loans for Undergraduate Students (PLUS) loans, by type of institution: FY94-FY96
Table 13: Federal Direct Loan Program (FDLP) number of borrowers and dollar amount of Stafford Subsidized, Stafford Unsubsidized, and Parent Loans for Undergraduate Students (PLUS) loans, by academic level: FY94-FY96
Table 14: Federal Family Education Loan (FFEL) program top 100 originators: FY94-FY96
Table 15: Federal Family Education Loan (FFEL) program loan volume commitments for Stafford Subsidized loans, by guaranty agency: FY94-FY96
Table 16: Federal Family Education Loan (FFEL) program loan volume commitments for Stafford Unsubsidized loans, by guaranty agency: FY94-FY96
Table 17: Federal Family Education Loan (FFEL) program loan volume commitments for Parent Loans for Undergraduate Students (PLUS) loans, by guaranty agency: FY94-FY96
Table 18: Federal Family Education Loan (FFEL) program loan volume commitments for Supplemental Loan for Students (SLS) loans, by guaranty agency: FY94
Table 19: Federal Family Education Loan (FFEL) program loan volume commitments for Stafford Subsidized, Stafford Unsubsidized, Parent Loans for Undergraduate Students (PLUS), and Supplemental Loan for Students (SLS) loans, by guaranty agency: FY94-FY96
Table 20: Federal Family Education Loan (FFEL) program loan volume commitments for Consolidation loans, by guaranty agency: FY94-FY96
Tables 21-25: Federal Family Education Loan (FFEL) program loan volume commitments for Stafford Subsidized, Stafford Unsubsidized, Parent Loans for Undergraduate Students (PLUS), and Supplemental Loan for Students (SLS) borrowers, by state and type of institution: FY94-FY96
Tables 26-29: Federal Direct Loan Program (FDLP) loan volume commitments for Stafford Subsidized, Stafford Unsubsidized, and Parent Loans for Undergraduate Students (PLUS) loans, by state: FY94-FY96
Table 30: Federal Direct Loan Program (FDLP) annual and cumulative Consolidation volume: FY95-FY96
Table 31: Federal Family Education Loan (FFEL) program and Federal Direct Loan Program (FDLP) comparison of committed loan volume: FY94-FY96
Tables 32-34: Combinations of Federal Family Education Loan (FFEL) program participation among Stafford Subsidized, Stafford Unsubsidized, Parent Loans for Undergraduate Students (PLUS), and Supplemental Loan for Students (SLS) borrowers, by type of institution: FY94
Table 35: Combinations of Federal Direct Loan Program (FDLP) participation among Stafford Subsidized, Stafford Unsubsidized, and Parent Loans for Undergraduate Students (PLUS) borrowers, by type of institution attended: FY94-FY96
Table 36: Weekly average 91-day Treasury Bill (bond equivalent) rates, by quarter: FY86-FY96
Table 37: Federal Family Education Loan (FFEL) program estimated dollars outstanding, as of September 30 of each fiscal year, by loan program: FY86-FY96
Table 38: Sallie Mae loan purchases and warehousing advances: Calendar years 1986-96
Table 39: Federal Family Education Loan (FFEL) program top 100 current holders of loans as of September 30, 1995 and September 30, 1994
Tables 40-41: Federal Family Education Loan (FFEL) program designated guarantor, organizational type, and agency name, by state: Status as of September 30, 1995 and September 30, 1996
Table 42: Federal Family Education Loan (FFEL) program cumulative cash reserves and reserve ratio, by guaranty agency: As of September 30, 1994 and as of September 30, 1995
Table 43: Federal Family Education Loan (FFEL) program guaranty agency reinsurance agreement default status: FY94-FY96
Table 44: Federal Family Education Loan (FFEL) program status of federal advances: As of September 30, 1996
Table 45: Federal Family Education Loan (FFEL) program annual and cumulative default dollars and collections: FY86-FY96
Table 46: Federal Direct Loan Program (FDLP) annual and cumulative default dollars and collections: FY95-FY96
Table 47: Federal Family Education Loan (FFEL) program institutional default reduction initiative comparison of cohort default rates: FY89-FY94
Table 48: Federal Family Education Loan (FFEL) program cohort default rate for guaranty agencies: FY94
Tables 49-54: Federal Family Education Loan (FFEL) program default dollars paid to lenders for Stafford Subsidized, Stafford Unsubsidized, Parent Loans for Undergraduate Students (PLUS), Supplemental Loan for Students (SLS), and Consolidation loans, by guaranty agency: FY92-FY96
Tables 55-60: Federal Family Education Loan (FFEL) program collections on defaulted loans for Stafford Subsidized, Stafford Unsubsidized, Parent Loans for Undergraduate Students (PLUS), Supplemental Loan for Students (SLS), and Consolidation loans, by guaranty agency: FY94-FY96
List of Tables
List of Appendix I Tables
Appendix II
Glossary