Sallie Mae 2011 Annual Report Download - page 72
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(Dollars in millions) Monthly Scheduled Payments Due Not Yet in
RepaymentDecember 31, 2011 0to12 13 to 24 25 to 36 37 to 48 More than 48 Total
Loans in-school/grace/deferment ............... $ — $ — $ — $ — $ — $ 6,522 $ 6,522
Loans in forbearance ......................... 920 194 126 66 80 — 1,386
Loans in repayment — current ................. 6,866 6,014 5,110 3,486 5,646 — 27,122
Loans in repayment — delinquent 31-60 days ..... 506 212 158 83 117 — 1,076
Loans in repayment — delinquent 61-90 days ..... 245 100 78 41 56 — 520
Loans in repayment — delinquent greater than
90 days .................................. 709 317 205 102 134 — 1,467
Total ..................................... $ 9,246 $6,837 $5,677 $3,778 $6,033 $ 6,522 38,093
Unamortized discount ........................ (873)
Receivable for partially charged-off loans ........ 1,241
Allowance for loan losses ..................... (2,171)
Total “Core Earnings” basis Private Education
Loans, net ............................... $36,290
Loans in forbearance as a percentage of loans in
repayment and forbearance .................. 10.0% 2.8% 2.2% 1.8% 1.3% — % 4.4%
(Dollars in millions) Monthly Scheduled Payments Due Not Yet in
RepaymentDecember 31, 2010 0to12 13 to 24 25 to 36 37 to 48 More than 48 Total
Loans in-school/grace/deferment ............... $ — $ — $ — $ — $ — $ 8,340 $ 8,340
Loans in forbearance ......................... 980 167 92 47 54 — 1,340
Loans in repayment — current ................. 8,342 5,855 4,037 2,679 3,975 — 24,888
Loans in repayment — delinquent 31-60 days ..... 537 209 117 63 85 — 1,011
Loans in repayment — delinquent 61-90 days ..... 258 92 55 27 39 — 471
Loans in repayment — delinquent greater than
90 days .................................. 815 336 156 75 100 — 1,482
Total ..................................... $10,932 $6,659 $4,457 $2,891 $4,253 $ 8,340 37,532
Unamortized discount ........................ (894)
Receivable for partially charged-off loans ........ 1,040
Allowance for loan losses ..................... (2,022)
Total “Core Earnings” basis Private Education
Loans, net ............................... $35,656
Loans in forbearance as a percentage of loans in
repayment and forbearance .................. 9.0% 2.5% 2.1% 1.6% 1.3% — % 4.6%
(Dollars in millions) Monthly Scheduled Payments Due Not Yet in
RepaymentDecember 31, 2009 0to12 13 to 24 25 to 36 37 to 48 More than 48 Total
Loans in-school/grace/deferment ............... $ — $ — $ — $ — $ — $11,456 $11,456
Loans in forbearance ......................... 1,144 139 69 31 37 — 1,420
Loans in repayment — current ................. 8,817 4,730 3,119 1,878 2,864 — 21,408
Loans in repayment — delinquent 31-60 days ..... 642 159 79 40 59 — 979
Loans in repayment — delinquent 61-90 days ..... 316 81 41 23 30 — 491
Loans in repayment — delinquent greater than
90 days .................................. 999 251 110 53 75 — 1,488
Total ..................................... $11,918 $5,360 $3,418 $2,025 $3,065 $11,456 37,242
Unamortized discount ........................ (908)
Receivable for partially charged-off loans ........ 728
Allowance for loan losses ..................... (1,967)
Total “Core Earnings” basis Private Education
Loans, net ............................... $35,095
Loans in forbearance as a percentage of loans in
repayment and forbearance .................. 9.6% 2.6% 2.0% 1.6% 1.2% — % 5.5%
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