During the 1993-94 school year that coincides with the 20 percent default rate, 40 federal student loans
were up for repayment.
Back To School With Student Loans
," a Fitch Research report being published next week, outlines Fitch's criteria for rating student loan
The proceeds of the Series 2007 Bonds are being used to acquire FFELP student loans
, make a deposit to the reserve fund, and pay issuance costs.
OnePay Consolidation Loan: This program can make repayment of student loans
simpler and more affordable by combining all of your eligible federal student loans
into one new loan with one low payment.
1 million students will require federal student loans
, according to the Department of Education, and each student brings his/her own unique - and sometimes complex - family financial situation.
Jeff Connors, CEO of ELM Resources, commented, "The fact is that ELM's student loan
delivery system maximizes every school's freedom of choice, and allows them to exercise that choice without creating turmoil in their financial aid office.
5 billion of student loans
supporting its bonds outstanding, as well as approximately $6.
Bond proceeds will be used to make deposits of $2,000,000 to the reserve account, $1,800,000 to the capitalized interest account, and approximately $195 million to the loan account to acquire student loans
through December 1, 2008.
The Student Loan
Corporation (NYSE: STU) is one of the nation's leading originators and holders of insured student loans
providing a full range of education financing products and services to meet the needs of students, parents, schools and lenders.
The proceeds of the series 2006 notes will be used to purchase student loans
, pay accrued interest and premiums, make a deposit to the reserve fund, and to pay the costs of issuance.
These revenue estimates are also subject to change based on a number of factors, including the variance, if any, between the estimated and actual amount of private student loans
purchased by the Trust at the time of closing.
Proceeds from this issuance will be used to acquire Federal Family Education Loan Program (FFELP) student loans
, fund the debt service reserve fund, and pay issuance costs.