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Federal Student Loan Programs Data Book FY94-FY96

Table 43. Federal Family Education Loan (FFEL) program guaranty agency reinsurance agreement default status: FY94-FY96


This table shows the dollar amounts that each guaranty agency requested for federal reinsurance payments on default claims in FY94-FY96. It also reports the amount of requested dollars paid, the percent of requested dollars not paid, and the level of reinsurance.

 

NOTE: There are several rules that govern the level of reinsurance paid to guaranty agencies. The year the loan was made and the amount of reinsurance claims as a percentage of the total amount of loans in repayment are major factors in determining an agency's reinsurance rate.

 

Table 43. Federal Family Education Loan (FFEL) program guaranty agency reinsurance agreement default status: FY94–FY96

Graph 43. Federal Family Education Loan (FFEL) program guaranty agency reinsurance agreement default status: FY94–FY96

 

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