Sallie Mae 2007 Annual Report Download - page 81

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Student Loan Acquisitions
The following tables summarize the components of our student loan acquisition activity for the years
ended December 31, 2007, 2006 and 2005.
FFELP Private Total
Year Ended
December 31, 2007
Preferred Channel ...................................... $17,577 $7,888 $25,465
Wholesale Consolidations ................................ 7,048 — 7,048
Other commitment clients ................................ 248 57 305
Spot purchases ........................................ 1,120 — 1,120
Consolidations from third parties ........................... 2,206 235 2,441
Consolidations and clean-up calls of off-balance sheet securitized
loans .............................................. 3,744 582 4,326
Capitalized interest, premiums and discounts .................. 2,279 444 2,723
Total on-balance sheet student loan acquisitions ................ 34,222 9,206 43,428
Consolidations and clean-up calls of off-balance sheet securitized
loans .............................................. (3,744) (582) (4,326)
Capitalized interest, premiums and discounts — off-balance sheet
securitized loans ..................................... 539 703 1,242
Total Managed student loan acquisitions...................... $31,017 $9,327 $40,344
FFELP Private Total
Year Ended
December 31, 2006
Preferred Channel ...................................... $16,398 $7,611 $24,009
Other commitment clients ................................ 457 61 518
Spot purchases ........................................ 5,710 — 5,710
Consolidations from third parties ........................... 4,092 96 4,188
Consolidations and clean-up calls of off-balance sheet securitized
loans .............................................. 7,141 255 7,396
Capitalized interest, premiums and discounts .................. 1,716 146 1,862
Total on-balance sheet student loan acquisitions ................ 35,514 8,169 43,683
Consolidations and clean-up calls of off-balance sheet securitized
loans .............................................. (7,141) (255) (7,396)
Capitalized interest, premiums and discounts — off-balance sheet
securitized loans ..................................... 658 472 1,130
Total Managed student loan acquisitions...................... $29,031 $8,386 $37,417
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