Federal Student Loan Programs Data Book - FY 1997-FY 2000
|
|
Part I FFEL Program and FDLP Summary Information | CONTENTS < BACK NEXT > |
Table 3.
Federal Direct Loan Program (FDLP) portfolio status as of September 30th: FY 1994-FY 2000
This table shows the portfolio of the FDLP as it stood at the end of each fiscal year. It provides a summary of the changes to the portfolio including disbursements, write-offs for death, disability and bankruptcy, collection of principal, and capitalized interest. This table also provides the percentage outstanding by loan status. Finally, the proportion of loans transferred to the Debt Collection System is shown.
NOTE: FDLP loan data in FY 1994 only include one-quarter of that fiscal year, and FDLP loans were restricted to a small number of institutions.
To view the following table in an accessible format please go to http://www.ed.gov/finaid/prof/resources/data/fslpdata97-01/table3.xls.
These files are in Microsoft Excel format. If you do not have Excel, you can access the files by downloading the free Excel viewer at: http://office.microsoft.com/downloads/2000/xlviewer.aspx.
Table 3. - Federal Direct Loan Program (FDLP) portfolio status as of September 30th: FY 1994-FY 2000 | |||||||
($ in 000,000's)
|
|||||||
|
FY94
|
FY95
|
FY96
|
FY97
|
FY98
|
FY99
|
FY00
|
---|---|---|---|---|---|---|---|
Booked disbursements1 | $151 | $2,721 | $11,735 | $10,451 | $12,314 | $18,267 | $16,504 |
Less: | |||||||
Loans written off (DD&B) | - | $0 | $4 | $13 | $24 | $39 | $62 |
Collection of principal | - | 29 | 241 | 643 | 1,718 | 5,513 | 4,329 |
Plus: | |||||||
Capitalized interest | - | $1 | $30 | $140 | $359 | $579 | $723 |
Outstanding balance2 | 151 | 2,693 | 11,520 | 9,935 | 10,931 | 13,294 | 12,836 |
Percent outstanding by loan status | |||||||
In school | 91% | 70% | 61% | 52% | 43% | 32% | 28% |
In grace | 0 | 12 | 16 | 14 | 13 | 11 | 10 |
In repayment | 9 | 18 | 23 | 34 | 44 | 56 | 63 |
Percent defaults transferred to debt collection3 | 0.00% | 0.00% | 0.02% | 0.82% | 2.40% | 4.20% | 8.37% |
- Not applicable. 1 Does not include funds drawn down, but not disbursed at the end of the fiscal year. 2 The outstanding loan balance includes defaulted loans that have been transferred to the Department's Debt Collection System. 3 This represents the cumulative dollar amount of loans that have defaulted and have been transferred to our Debt Collection System as a proportion of the cumulative loans made to date (dollars disbursed). As of September 2000, $1.38 billion in loans had defaulted and had been transferred. NOTES: Includes Direct Consolidation loans. Details may not add to totals due to rounding. Calculations are based on numbers before rounding. $0 indicates a number less than $500,000. 0% indicates a number less than 0.5%. 0.00% indicates a number less than 0.005%. FDLP loan data in FY94 only include one-quarter of that fiscal year, and FDLPloans were restricted to a small number of institutions. SOURCE: U.S. Department of Education, Office of Postsecondary Education, Direct Loan/Loan Origination System. |
Part I FFEL Program and FDLP Summary Information | CONTENTS < BACK NEXT > |
Federal Student Loan Programs Data Book - FY 1997-FY 2000 |