Sallie Mae 2013 Annual Report Download - page 101

(Dollars in millions) Monthly Scheduled Payments Due Not Yet in
RepaymentDecember 31, 2013 0to12 13 to 24 25 to 36 37 to 48 More than 48 Total
Loans in-school/grace/deferment ....................... $ — $ — $ — $ — $ — $6,528 $ 6,528
Loans in forbearance ................................ 502 189 166 106 139 — 1,102
Loans in repayment — current ......................... 4,056 4,735 4,856 4,633 10,488 — 28,768
Loans in repayment — delinquent 31-60 days ............ 166 167 152 121 196 — 802
Loans in repayment — delinquent 61-90 days ............ 117 115 94 72 115 — 513
Loans in repayment — delinquent greater than 90 days ..... 330 305 238 171 243 — 1,287
Total ............................................. $5,171 $5,511 $5,506 $5,103 $11,181 $6,528 39,000
Unamortized discount ............................... (704)
Receivable for partially charged-off loans ................ 1,313
Allowance for loan losses ............................ (2,097)
Total Private Education Loans, net ..................... $37,512
Loans in forbearance as a percentage of loans in repayment
and forbearance .................................. 9.7% 3.4% 3.0% 2.1% 1.2% — % 3.4%
Loans in repayment — delinquent greater than 90 days as a
percentage of loans in repayment ..................... 7.1% 5.7% 4.5% 3.4% 2.2% — % 4.1%
(Dollars in millions) Monthly Scheduled Payments Due Not Yet in
RepaymentDecember 31, 2012 0to12 13 to 24 25 to 36 37 to 48 More than 48 Total
Loans in-school/grace/deferment ....................... $ — $ — $ — $ — $ — $5,904 $ 5,904
Loans in forbearance ................................ 602 195 149 83 107 — 1,136
Loans in repayment — current ......................... 5,591 5,366 5,405 4,403 7,810 — 28,575
Loans in repayment — delinquent 31-60 days ............ 353 189 175 116 179 — 1,012
Loans in repayment — delinquent 61-90 days ............ 185 95 81 49 71 — 481
Loans in repayment — delinquent greater than 90 days ..... 640 292 227 129 158 — 1,446
Total ............................................. $7,371 $6,137 $6,037 $4,780 $8,325 $5,904 38,554
Unamortized discount ............................... (796)
Receivable for partially charged-off loans ................ 1,347
Allowance for loan losses ............................ (2,171)
Total Private Education Loans, net ..................... $36,934
Loans in forbearance as a percentage of loans in repayment
and forbearance .................................. 8.2% 3.2% 2.5% 1.7% 1.3% — % 3.5%
Loans in repayment — delinquent greater than 90 days as a
percentage of loans in repayment ..................... 9.5% 4.9% 3.9% 2.7% 1.9% — % 4.6%
(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 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%
Loans in repayment — delinquent greater than 90 days as a
percentage of loans in repayment ..................... 8.5% 4.8% 3.7% 2.7% 2.3% — % 4.9%
99