Federal Student Loan Programs Data Book FY94-FY96
Table 18. Federal Family Education Loan (FFEL) program loan volume commitments for Supplemental Loan for Students (SLS) loans, by guaranty agency: FY94
This table shows an accounting of SLS loan volume commitments for each guaranty agency for FY94. The number of loans, dollar amount, percent share of total SLS funds guaranteed, and rankings of all guaranty agencies are tabulated for each agency. The SLS loan program was discontinued in FY94. (Summary information for this table is discussed in table 4 .)
- In FY94, the last year of operation for the SLS program, SLS loan dollars guaranteed were considerably lower than those guaranteed under the Stafford Unsubsidized plan in its first year of operation (FY94). In fact, the SLS program loaned $1.9 billion dollars while the Stafford Unsubsidized program loaned $4.7 billion.
- USAF, the guaranty agency with the largest number of loan commitments, guaranteed 28.1 percent of the SLS dollar volume and 27.0 percent of the total number of SLS loans in FY94.
- California, the guaranty agency with the second largest number of loan commitments, guaranteed 11.6 percent of the SLS dollar volume and 10.6 percent of the total number of SLS loans in FY94.
- The five guaranty agencies with the highest volume (USAF, California, New York, Massachusetts, and Pennsylvania) guaranteed 58.8 percent, more than one-half of the dollar value of loans, in FY94.
Table 18. Federal Family Education Loan (FFEL) program loan volume commitments for Supplemental Loans for Students (SLS) loans, by guaranty agency: FY94