Sallie Mae 2006 Annual Report Download - page 73
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The tables below show the composition and status of the Private Education Loan portfolio by number of
months aged from the first date of repayment:
1to24
months
25 to 48
months
More than
48 months
After
Dec. 31,
2006
(1)
Total
Months Since Entering Repayment
December 31, 2006
Loans in-school/grace/deferment ........... $ — $ — $ — $10,826 $10,826
Loans in forbearance .................... 898 209 74 — 1,181
Loans in repayment — current ............. 6,273 2,477 1,883 — 10,633
Loans in repayment — delinquent 31-60 days . . 271 119 82 — 472
Loans in repayment — delinquent 61-90 days . . 109 49 34 — 192
Loans in repayment — delinquent greater than
90 days ............................ 157 117 72 — 346
Total ................................ $7,708 $2,971 $2,145 $10,826 $23,650
Unamortized discount ................... (668)
Allowance for loan losses ................ (394)
Total Managed Private Education Loans, net . . . $22,588
Loans in forbearance as a percentage of loans
in repayment and forbearance ............ 11.7% 7.1% 3.4% —% 9.2%
(1)
Includes all loans in-school/grace/deferment.
1to24
months
25 to 48
months
More than
48 months
After
Dec. 31,
2005
(1)
Total
Months Since Entering Repayment
December 31, 2005
Loans in-school/grace/deferment ........... $ — $ — $ — $7,980 $ 7,980
Loans in forbearance.................... 667 173 77 — 917
Loans in repayment — current............. 4,508 1,796 1,453 — 7,757
Loans in repayment — delinquent 31-60 days. . 168 78 56 — 302
Loans in repayment — delinquent 61-90 days. . 63 30 19 — 112
Loans in repayment — delinquent greater than
90 days ............................ 72 44 28 — 144
Total ............................... $5,478 $2,121 $1,633 $7,980 $17,212
Unamortized discount ................... (493)
Allowance for loan losses ................ (282)
Total Managed Private Education Loans, net . . $16,437
Loans in forbearance as a percentage of loans
in repayment and forbearance ........... 12.2% 8.2% 4.7% —% 9.9%
(1)
Includes all loans in-school/grace/deferment.
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