Federal Student Loan Programs Data Book

Federal Student Loan Programs Data Book - FY 1997-FY 2000
Part II FFEL Program and FDLP Loan Volume Commitments	CONTENTS < BACK NEXT >

Table 19.
Federal Family Education Loan (FFEL) program loan volume commitments for Parent Loans for Undergraduate Students (PLUS) loans, by guaranty agency: FY 1997-FY 2000

This table shows an accounting of PLUS loan volume commitments for each guaranty agency for FY 1997-FY 2000. The number of loans, dollar amount, percent change from prior year, percent share of total PLUS loans guaranteed, and rankings of all guaranty agencies are tabulated for each agency. The PLUS loan program was initiated in FY 1981. (Summary information for this table is discussed in table 5).

PLUS loan volume commitments grew nearly 10 percent each year between FY 1997 and FY 2000. Overall, PLUS loan volume increased by 31.5 percent from $1.9 billion in FY 1997 to $2.6 billion in FY 2000.

USAF, the guaranty agency with the largest volume of loan commitments, guaranteed a decreasing proportion of the total PLUS loan commitments from FY 1997 to FY 2000. USAF committed 35.2 percent of total PLUS loan commitments in FY 1997 and 31.7 percent in FY 2000.

Pennsylvania had the second largest PLUS loan commitments between FY 1998 and FY 2000 guaranteeing approximately 10 percent of this volume each year.

The five guaranty agencies with the highest volume (USAF, Pennsylvania, New York, California, and Wisconsin) consistently guaranteed approximately two-thirds of the total PLUS loan volume each year between FY 1997 and FY 2000. From FY 1997 - FY 2000, the share these five agencies guaranteed of the total PLUS loan dollar volume was 67.1, 66.7, 65.2, and 66.3 percent, respectively.

Between FY 1997 and FY 2000, PLUS loan volume commitments decreased for 10 guaranty agencies and increased for 26 agencies. The four agencies where PLUS loan commitments increased over 100 percent during this time were California (118.6 percent), North Carolina (116.6 percent), and Kentucky (100.8 percent).

To view the following table in an accessible format please go to http://www.ed.gov/finaid/prof/resources/data/fslpdata97-01/tables17to21.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.

Guaranty agency¹	FY97 Loans	FY97 Dollars ($ 000's)	FY98 Loans	FY98 Dollars ($ 000's)	FY99 Loans	FY99 Dollars ($ 000's)	FY00 Loans	FY00 Dollars ($ 000's)	Percent change FY99-FY00		Percent change FY97-FY00		Percent share of total
Table 19. - Federal Family Education Loan (FFEL) program loan volume commitments for Parent Loans for Undergraduate Students (PLUS) loans, by guaranty agency: FY 1997-FY 2000
Guaranty agency¹	FY97 Loans	FY97 Dollars ($ 000's)	FY98 Loans	FY98 Dollars ($ 000's)	FY99 Loans	FY99 Dollars ($ 000's)	FY00 Loans	FY00 Dollars ($ 000's)	Loans	Dollars	Loans	Dollars	FY97	FY 98	FY99	FY00	FY97	FY 98	FY99	FY00
Arkansas	1,276	$6,516	1,474	$7,887	1,801	$10,318	1,949	$12,064	8.2	16.9	52.7	85.1	0.4	0.4	0.5	0.5	0.3	0.4	0.4	0.5
California	14,891	96,653	19,436	136,964	22,324	161,778	28,182	211,325	26.2	30.6	89.3	118.6	4.8	5.8	6.5	7.9	4.9	6.2	6.8	8.1
Colorado	3,232	17,987	3,958	23,236	4,346	27,043	4,930	31,911	13.4	18.0	52.5	77.4	1.0	1.2	1.3	1.4	0.9	1.1	1.1	1.2
Connecticut	3,751	29,777	4,386	38,867	4,756	45,593	5,077	50,335	6.7	10.4	35.4	69.0	1.2	1.3	1.4	1.4	1.5	1.8	1.9	1.9
ECMC	4,649	24,193	4,646	25,331	5,084	29,655	5,381	35,844	5.8	20.9	15.7	48.2	1.5	1.4	1.5	1.5	1.2	1.2	1.2	1.4
Florida	5,890	38,599	6,580	42,159	6,760	45,364	7,669	55,102	13.4	21.5	30.2	42.8	1.9	2.0	2.0	2.2	1.9	1.9	1.9	2.1
Georgia	1,939	14,275	2,146	17,054	2,151	17,104	2,575	22,194	19.7	29.8	32.8	55.5	0.6	0.6	0.6	0.7	0.7	0.8	0.7	0.9
Illinois	6,446	38,015	6,849	43,937	7,734	52,614	7,841	55,532	1.4	5.5	21.6	46.1	2.1	2.1	2.2	2.2	1.9	2.0	2.2	2.1
Iowa	2,329	10,597	2,292	11,019	2,356	12,554	2,261	12,270	-4.0	-2.3	-2.9	15.8	0.7	0.7	0.7	0.6	0.5	0.5	0.5	0.5
Kentucky	2,160	11,376	2,857	15,894	3,546	19,661	4,136	22,847	16.6	16.2	91.5	100.8	0.7	0.9	1.0	1.2	0.6	0.7	0.8	0.9
Louisiana	1,763	7,927	1,800	8,278	1,617	8,615	1,676	8,615	3.6	-0.0	-4.9	8.7	0.6	0.5	0.5	0.5	0.4	0.4	0.4	0.3
Maine	2,793	18,812	2,916	20,855	2,588	19,422	2,411	17,676	-6.8	-9.0	-13.7	-6.0	0.9	0.9	0.8	0.7	0.9	1.0	0.8	0.7
Massachusetts	7,810	60,588	6,783	58,420	7,282	69,700	7,822	84,467	7.4	21.2	0.2	39.4	2.5	2.0	2.1	2.2	3.1	2.7	2.9	3.2
Michigan	2,678	13,445	3,044	15,312	3,424	16,779	3,293	17,417	-3.8	3.8	23.0	29.5	0.9	0.9	1.0	0.9	0.7	0.7	0.7	0.7
Missouri	2,442	12,645	3,598	19,286	4,008	22,625	1,887	9,231	-52.9	-59.2	-22.7	-27.0	0.8	1.1	1.2	0.5	0.6	0.9	0.9	0.4
Montana	1,038	5,226	1,034	5,406	839	4,728	794	4,555	-5.4	-3.7	-23.5	-12.8	0.3	0.3	0.2	0.2	0.3	0.2	0.2	0.2
Nebraska	4,744	29,638	4,725	28,181	5,365	34,631	3,001	16,694	-44.1	-51.8	-36.7	-43.7	1.5	1.4	1.6	0.8	1.5	1.3	1.5	0.6
New Hampshire	2,844	19,831	2,881	20,215	3,241	25,101	3,222	27,077	-0.6	7.9	13.3	36.5	0.9	0.9	0.9	0.9	1.0	0.9	1.1	1.0
New Jersey	4,854	33,075	4,714	31,961	4,614	31,937	6,241	46,433	35.3	45.4	28.6	40.4	1.6	1.4	1.3	1.8	1.7	1.5	1.3	1.8
New Mexico	274	1,292	275	1,149	243	1,123	245	1,110	0.8	-1.1	-10.6	-14.0	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.0
New York	24,151	178,088	24,663	194,339	25,758	214,370	28,901	256,128	12.2	19.5	19.7	43.8	7.7	7.4	7.5	8.1	9.0	8.9	9.0	9.8
North Carolina	2,187	11,711	2,681	14,516	2,705	15,452	4,085	25,367	51.0	64.2	86.8	116.6	0.7	0.8	0.8	1.1	0.6	0.7	0.6	1.0
North Dakota	932	3,375	966	3,767	829	3,357	775	3,459	-6.5	3.0	-16.8	2.5	0.3	0.3	0.2	0.2	0.2	0.2	0.1	0.1
Oklahoma	3,025	14,646	3,919	20,204	3,687	20,361	3,515	20,336	-4.7	-0.1	16.2	38.8	1.0	1.2	1.1	1.0	0.7	0.9	0.9	0.8
Oregon	1,053	5,946	1,247	7,378	1,637	10,335	1,571	9,903	-4.0	-4.2	49.2	66.5	0.3	0.4	0.5	0.4	0.3	0.3	0.4	0.4
Pennsylvania	27,927	169,749	32,416	214,667	33,897	238,396	36,574	269,891	7.9	13.2	31.0	59.0	9.0	9.7	9.8	10.3	8.6	9.8	10.0	10.3
Rhode Island	4,579	33,800	4,737	36,931	5,243	43,706	5,449	49,387	3.9	13.0	19.0	46.1	1.5	1.4	1.5	1.5	1.7	1.7	1.8	1.9
South Carolina	3,055	15,272	2,866	14,027	2,633	13,311	3,072	17,076	16.7	28.3	0.6	11.8	1.0	0.9	0.8	0.9	0.8	0.6	0.6	0.7
South Dakota	2,152	9,788	2,511	11,491	2,513	12,253	3,398	17,179	35.2	40.2	57.9	75.5	0.7	0.8	0.7	1.0	0.5	0.5	0.5	0.7
Tennessee	3,080	19,001	3,605	22,493	4,370	29,275	2,094	11,083	-52.1	-62.1	-32.0	-41.7	1.0	1.1	1.3	0.6	1.0	1.0	1.2	0.4
Texas	16,176	80,505	18,183	97,013	20,871	119,661	23,719	144,735	13.6	21.0	46.6	79.8	5.2	5.4	6.1	6.7	4.1	4.4	5.0	5.5
USAF	107,615	698,403	114,704	752,631	115,086	786,012	112,794	827,532	-2.0	5.3	4.8	18.5	34.5	34.4	33.4	31.7	35.2	34.3	33.0	31.7
Utah	924	4,716	1,177	6,189	1,125	5,840	778	3,974	-30.8	-31.9	-15.8	-15.7	0.3	0.4	0.3	0.2	0.2	0.3	0.2	0.2
Vermont	3,630	24,887	3,825	27,086	3,653	27,792	1,482	10,295	-59.4	-63.0	-59.2	-58.6	1.2	1.1	1.1	0.4	1.3	1.2	1.2	0.4
Washington	5,892	38,930	4,773	34,789	4,068	32,624	3,922	33,291	-3.6	2.0	-33.4	-14.5	1.9	1.4	1.2	1.1	2.0	1.6	1.4	1.3
Wisconsin	27,451	185,793	25,040	164,897	22,486	153,555	23,627	167,874	5.1	9.3	-13.9	-9.6	8.8	7.5	6.5	6.6	9.4	7.5	6.4	6.4
Total	311,632	$1,985,079	333,707	$2,193,828	344,640	$2,382,644	356,349	$2,610,211	3.4	9.6	14.3	31.5	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0

Rank	FY97	FY98	FY99	FY00
Table 19.-Federal Family Education Loan (FFEL) program loan volume commitments for PLUS loans, by guaranty agency: FY 1997-FY 2000 (continued)
Ranking in FY97-FY00
1	USAF	USAF	USAF	USAF
2	Wisconsin	Pennsylvania	Pennsylvania	Pennsylvania
3	New York	New York	New York	New York
4	Pennsylvania	Wisconsin	California	California
5	California	California	Wisconsin	Wisconsin
6	Texas	Texas	Texas	Texas
7	Massachusetts	Massachusetts	Massachusetts	Massachusetts
8	Washington	Illinois	Illinois	Illinois
9	Florida	Florida	Connecticut	Florida
10	Illinois	Connecticut	Florida	Connecticut
11	Rhode Island	Rhode Island	Rhode Island	Rhode Island
12	New Jersey	Washington	Nebraska	New Jersey
13	Connecticut	New Jersey	Washington	ECMC
14	Nebraska	Nebraska	New Jersey	Washington
15	Vermont	Vermont	ECMC	Colorado
16	ECMC	ECMC	Tennessee	New Hampshire
17	New Hampshire	Colorado	Vermont	North Carolina
18	Tennessee	Tennessee	Colorado	Kentucky
19	Maine	Maine	New Hampshire	Georgia
20	Colorado	New Hampshire	Missouri	Oklahoma
21	South Carolina	Oklahoma	Oklahoma	Maine
22	Oklahoma	Missouri	Kentucky	Michigan
23	Georgia	Georgia	Maine	South Dakota
24	Michigan	Kentucky	Georgia	South Carolina
25	Missouri	Michigan	Michigan	Nebraska
26	North Carolina	North Carolina	North Carolina	Iowa
27	Kentucky	South Carolina	South Carolina	Arkansas
28	Iowa	South Dakota	Iowa	Tennessee
29	South Dakota	Iowa	South Dakota	Vermont
30	Louisiana	Louisiana	Oregon	Oregon
31	Arkansas	Arkansas	Arkansas	Missouri
32	Oregon	Oregon	Louisiana	Louisiana
33	Montana	Utah	Utah	Montana
34	Utah	Montana	Montana	Utah
35	North Dakota	North Dakota	North Dakota	North Dakota
36	New Mexico	New Mexico	New Mexico	New Mexico

Guaranty agency	FY97²	FY98 ²	FY99 ²	FY00²
Rank
Arkansas	31	31	31	27
California	5	5	4	4
Colorado	20	17	18	15
Connecticut	13	10	9	10
ECMC	16	16	15	13
Florida	9	9	10	9
Georgia	23	23	24	19
Illinois	10	8	8	8
Iowa	28	29	28	26
Kentucky	27	24	22	18
Louisiana	30	30	32	32
Maine	19	19	23	21
Massachusetts	7	7	7	7
Michigan	24	25	25	22
Missouri	25	22	20	31
Montana	33	34	34	33
Nebraska	14	14	12	25
New Hampshire	17	20	19	16
New Jersey	12	13	14	12
New Mexico	36	36	36	36
New York	3	3	3	3
North Carolina	26	26	26	17
North Dakota	35	35	35	35
Oklahoma	22	21	21	20
Oregon	32	32	30	30
Pennsylvania	4	2	2	2
Rhode Island	11	11	11	11
South Carolina	21	27	27	24
South Dakota	29	28	29	23
Tennessee	18	18	16	28
Texas	6	6	6	6
USAF	1	1	1	1
Utah	34	33	33	34
Vermont	15	15	17	29
Washington	8	12	13	14
Wisconsin	2	4	5	5
¹ From FY97 to FY00, USAF was the designated guarantor for AK, AZ, HI, IN, KS, MD, MS, NV, PI, and WY; MA was the designated guarantor for DC; WA for ID; WI for MN, OH, PR, and VI; KY for AL; PA for DE and WV; and ECMC for VA. ² The lowest rank for all four years was 36. NOTES: "Commitments" excludes Consolidation loans, PLUS, and SLS refinanced loans authorized under the Higher Education Amendments of 1986. The loan volume reported in this table includes some loans that later may be canceled. Rankings are based on dollar amounts. Details may not add to totals due to rounding. Calculations are based on numbers before rounding. 0.0 indicates a number less than 0.05. SOURCE: U.S. Department of Education, Office of Postsecondary Education, National Student Loan Data System.

Part II FFEL Program and FDLP Loan Volume Commitments	CONTENTS < BACK NEXT >
Federal Student Loan Programs Data Book - FY 1997-FY 2000