Sallie Mae 2015 Annual Report Download - page 61
Download and view the complete annual report
Please find page 61 of the 2015 Sallie Mae annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51 -
52 -
53 -
54 -
55 -
56 -
57 -
58 -
59 -
60 -
61 -
62 -
63 -
64 -
65 -
66 -
67 -
68 -
69 -
70 -
71 -
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
-
241
-
242
-
243
-
244
-
245
-
246
-
247
-
248
-
249
-
250
-
251
-
252
-
253
-
254
-
255
-
256
-
257
 |
 |
59
(Dollars in millions)
December 31, 2015
Monthly Scheduled Payments Due
Not Yet in
Repayment Total0 to 12 13 to 24 25 to 36 37 to 48 More than
48
Loans in-school/grace/deferment . . . . $ — $ — $ — $ — $ — $ 3,428 $ 3,428
Loans in forbearance. . . . . . . . . . . . . . 150 38 26 16 11 — 241
Loans in repayment - current . . . . . . . 2,834 2,026 1,037 485 391 — 6,773
Loans in repayment - delinquent
31-60 days. . . . . . . . . . . . . . . . . . . . . . 43 19 13 8 7 — 90
Loans in repayment - delinquent
61-90 days. . . . . . . . . . . . . . . . . . . . . . 21 9 6 3 3 — 42
Loans in repayment - delinquent
greater than 90 days . . . . . . . . . . . . . . 12 4 3 1 2 — 22
Total . . . . . . . . . . . . . . . . . . . . . . . . . . $ 3,060 $ 2,096 $ 1,085 $ 513 $ 414 $ 3,428 10,596
Unamortized discount. . . . . . . . . . . . . 29
Allowance for loan losses. . . . . . . . . . (109)
Total Private Education Loans, net. . . $ 10,516
Loans in forbearance as a percentage
of total loans in repayment and
forbearance . . . . . . . . . . . . . . . . . . . . . 2.09% 0.53% 0.36% 0.22% 0.16% —% 3.36%
(Dollars in millions)
December 31, 2014
Monthly Scheduled Payments Due
Not Yet in
Repayment Total0 to 12 13 to 24 25 to 36 37 to 48 More than
48
Loans in-school/grace/deferment. . . . . $ — $ — $ — $ — $ — $ 3,027 $ 3,027
Loans in forbearance . . . . . . . . . . . . . . 82 23 16 11 3 — 135
Loans in repayment - current. . . . . . . . 2,242 1,484 725 391 204 — 5,046
Loans in repayment - delinquent
31-60 days . . . . . . . . . . . . . . . . . . . . . . 30 16 9 6 3 — 64
Loans in repayment - delinquent
61-90 days . . . . . . . . . . . . . . . . . . . . . . 14 7 4 2 2 — 29
Loans in repayment - delinquent
greater than 90 days. . . . . . . . . . . . . . . 7 2 1 1 — — 11
Total. . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2,375 $ 1,532 $ 755 $ 411 $ 212 $ 3,027 8,312
Unamortized discount . . . . . . . . . . . . . 14
Allowance for loan losses . . . . . . . . . . (79)
Total Private Education Loans, net . . . $ 8,247
Loans in forbearance as a percentage
of total loans in repayment and
forbearance . . . . . . . . . . . . . . . . . . . . . 1.55% 0.43% 0.30% 0.21% 0.06% —% 2.55%