Sallie Mae 2007 Annual Report Download - page 74
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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,
2007
(1)
Total
Months Since Entering Repayment
December 31, 2007
Loans in-school/grace/deferment ........... $ — $ — $ — $13,114 $13,114
Loans in forbearance ................... 1,770 461 160 — 2,391
Loans in repayment — current ............ 7,885 3,348 2,406 — 13,639
Loans in repayment — delinquent
31-60 days ......................... 277 145 86 — 508
Loans in repayment — delinquent
61-90 days ......................... 144 78 38 — 260
Loans in repayment — delinquent greater than
90 days ........................... 221 160 78 — 459
Total ............................... $10,297 $4,192 $2,768 $13,114 $30,371
Unamortized discount .................. (823)
Allowance for loan losses................ (1,220)
Total Managed Private Education Loans, net . . $28,328
Loans in forbearance as a percentage of loans
in repayment and forbearance ........... 17.2% 11.0% 5.8% —% 13.9%
(1)
Includes all loans in-school/grace/deferment.
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.
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