MSR 2008 Loan Volumes

Baseline
Net Commitments by Award Year
Final
(# loans/borrowers - thousands)
($ volume - millions)
(avg loan - actual)

Total Student Loans

Stafford 1993-1994 1994-1995 1995-1996 1996-1997 1997-1998 1998-1999 1999-2000 2000-2001 2001-2002 2002-2003 2003-2004 2004-2005 2005-2006 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013
# Borrowers 3,389 3,593 3,827 4,052 4,117 4,084 4,107 4,117 4,379 4,834 5,394 5,735 5,861 6,016 6,189 6,379 6,563 6,759 6,954 7,163
# Loans 4,116 4,246 4,481 4,800 4,882 4,795 4,820 4,883 5,236 5,827 6,510 6,891 7,048 7,243 7,451 7,681 7,902 8,138 8,373 8,624
$ Amount $12,747 $13,890 $14,907 $16,036 $16,287 $16,046 $16,452 $16,609 $17,691 $19,820 $22,385 $23,912 $24,589 $25,241 $28,018 $29,004 $29,945 $30,918 $31,878 $32,926
Avg. Loan $3,097 $3,271 $3,326 $3,341 $3,336 $3,346 $3,413 $3,402 $3,379 $3,402 $3,439 $3,470 $3,489 $3,485 $3,760 $3,776 $3,789 $3,799 $3,807 $3,818

Unsubsidized Stafford
# Borrowers 607 1,638 1,926 2,194 2,379 2,437 2,660 2,806 3,116 3,473 3,918 4,239 4,495 4,611 4,786 5,013 5,243 5,488 5,741 6,012
# Loans 675 1,927 2,274 2,644 2,873 2,922 3,167 3,360 3,773 4,266 4,831 5,212 5,533 5,681 5,897 6,178 6,460 6,763 7,075 7,409
$ Amount $1,802 $6,609 $7,761 $9,224 $10,334 $10,844 $12,391 $13,329 $14,983 $17,306 $19,990 $22,044 $23,786 $24,707 $27,283 $28,874 $30,496 $32,258 $34,130 $36,168
Avg. Loan $2,669 $3,429 $3,413 $3,489 $3,597 $3,711 $3,913 $3,967 $3,971 $4,057 $4,138 $4,229 $4,299 $4,349 $4,627 $4,674 $4,721 $4,770 $4,824 $4,881

PLUS
# Borrowers 252 274 330 359 389 415 444 462 486 529 629 687 700 808 849 895 941 991 1,043 1,100
# Loans 292 313 372 408 446 475 510 532 562 627 758 841 860 994 1,045 1,101 1,159 1,220 1,285 1,354
$ Amount $1,308 $1,585 $2,060 $2,385 $2,718 $2,958 $3,367 $3,716 $4,151 $4,908 $6,406 $7,544 $8,234 $10,530 $11,642 $12,900 $14,271 $15,807 $17,498 $19,397
Avg. Loan $4,473 $5,068 $5,531 $5,845 $6,095 $6,231 $6,605 $6,991 $7,383 $7,825 $8,455 $8,971 $9,575 $10,589 $11,137 $11,712 $12,316 $12,952 $13,620 $14,322

SLS
# Borrowers 696 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
# Loans 807 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
$ Amount $3,091 $26 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Avg. Loan $3,832 $3,246 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Consolidated
# Borrowers 100 181 328 292 274 574 443 625 895 1,362 1,517 1,944 2,928 2,498 1,330 1,320 1,423 1,525 1,605 1,672
# Loans 101 183 332 296 276 581 448 632 903 1,408 1,577 2,025 3,243 2,773 1,478 1,466 1,582 1,695 1,784 1,858
$ Amount $1,816 $3,117 $4,851 $5,290 $5,647 $12,145 $10,105 $15,237 $26,137 $38,851 $43,297 $56,160 $89,976 $71,043 $40,884 $42,020 $46,966 $52,145 $56,857 $61,356
Avg. Loan $17,939 $16,993 $14,615 $17,849 $20,449 $20,903 $22,574 $24,103 $28,953 $27,599 $27,460 $27,734 $27,747 $25,619 $27,662 $28,657 $29,694 $30,773 $31,877 $33,023

Total, not incl. Consolidated

# Student Borrowers 3,678 3,976 4,267 4,558 4,694 4,701 4,837 4,911 5,260 5,752 6,356 6,741 6,962 7,133 7,367 7,648 7,924 8,221 8,521 8,843
# Parent Borrowers 252 274 330 359 389 415 444 462 486 529 629 687 700 792 833 878 923 973 1,024 1,080
# Total Unduplicated Borrower 3,930 4,249 4,597 4,916 5,083 5,116 5,281 5,373 5,746 6,276 6,977 7,419 7,653 7,926 8,200 8,525 8,848 9,194 9,545 9,922
# Loans 5,890 6,494 7,128 7,852 8,202 8,192 8,497 8,775 9,572 10,719 12,099 12,944 13,440 13,918 14,393 14,960 15,521 16,122 16,733 17,387
$ Amount $18,948 $22,109 $24,727 $27,645 $29,338 $29,847 $32,209 $33,653 $36,825 $42,034 $48,781 $53,500 $56,609 $60,478 $66,943 $70,778 $74,711 $78,983 $83,506 $88,491
Avg. Loan $3,217 $3,405 $3,469 $3,521 $3,577 $3,644 $3,791 $3,835 $3,847 $3,921 $4,032 $4,133 $4,212 $4,345 $4,651 $4,731 $4,814 $4,899 $4,991 $5,089

Total, incl. Consolidated

# Student Borrowers 3,678 3,976 4,267 4,558 4,694 4,701 4,837 4,911 5,260 5,752 6,356 6,741 6,962 7,133 7,367 7,648 7,924 8,221 8,521 8,843
# Parent Borrowers 252 274 330 359 389 415 444 462 486 529 629 687 700 792 833 878 923 973 1,024 1,080
# Consolidated Borrowers 100 181 328 292 274 574 443 625 895 1,362 1,517 1,944 2,928 2,498 1,330 1,320 1,423 1,525 1,605 1,672
# Total Unduplicated Borrower 4,030 4,431 4,925 5,208 5,357 5,690 5,724 5,998 6,642 7,508 8,309 8,973 9,708 9,538 9,314 9,619 10,038 10,477 10,901 11,335
# Loans 5,991 6,677 7,460 8,148 8,478 8,773 8,944 9,407 10,474 12,127 13,676 14,969 16,683 16,691 15,871 16,426 17,102 17,816 18,516 19,246
$ Amount $20,764 $25,226 $29,578 $32,935 $34,985 $41,993 $42,314 $48,891 $62,962 $80,885 $92,078 $109,660 $146,584 $131,521 $107,827 $112,798 $121,677 $131,128 $140,364 $149,847
Avg. Loan $3,466 $3,778 $3,965 $4,042 $4,127 $4,787 $4,731 $5,197 $6,011 $6,670 $6,733 $7,326 $8,786 $7,880 $6,794 $6,867 $7,115 $7,360 $7,581 $7,786