LIABILITIES	Federal Family Education Loan Program	Federal Direct Student Loan Program	All Other Activities	Department of Education Consolidated Balances
Liabilities Covered by Budgetary Resources
Intergovernmental Liabilities
Borrowing from U.S. Treasury	--	$5,066,722	$543,617	$5,610,339
Interest Payable to U.S. Treasury	--	--	12,049	12,049
Governmental Liabilities
Liabilities for Loan Guarantees, Short-term	4,804,931	--	--	4,804,931
Liabilities for Loan Guarantees, Long-term	7,045,493	--	--	7,045,493
Guaranty Agencies' Reserve-Due Treasury	1,628,069	--	--	1,628,069
Accrued Grant Liability	--	--	845,936	845,936
Accrued Contractual Services Liability	1,772	15,929	52,119	69,820
Accrued Salaries and Benefits	1,182	893	11,938	14,013
Other Accrued Liabilities	733	9,378	52,313	62,424
.         Total Liabilities Covered by             Budgetary Resources	13,482,180	5,092,922	1,517,972	20,093,074
Liabilities Not Covered by Budgetary Resources
Intragovernmental Liabilities:
Borrowing from U.S. Treasury	1,134,178	--	--	1,134,178
Governmental Liabilities:
Liabilities for Loan Guarantees, Long-term	1,056,039	--	--	1,056,039
Accrued Salaries and Benefits	1,550	1,171	17,477	20,198
Accrued Workers Compensation Liability	1,071	132	9,228	10,431
Total Liabilities Not Covered by             Budgetary Resources	2,192,838	1,303	26,705	2,220,846
Total Liabilities	15,675,018	5,094,225	1,544,677	22,313,920
NET POSITION
Unexpended Appropriations	--	524,167	27,357,516	27,881,683
Invested Capital	39,763	--	42,884	82,647
Future Funding Requirements	(2,192,838)	(1,303)	(26,705)	(2,220,846)
Donations	--	--	161	161
Total Net Position	(2,153,075)	522,864	27,373,856	25,743,645
Total Liabilities and Net Position	$13,521,943	$5,617,089	$28,918,533	$48,057,565

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[Assets]

[Revenues and Expenses]