FFELP -- LOAN VOLUME (COMMITMENTS) BY GUARANTY AGENCY -- 12-MONTHS OF FY2005 AND FY2004

STAFFORD LOANS (SUBSIDIZED) -- LOAN VOLUME (COMMITMENTS) BY GUARANTY AGENCY -- 12 - MONTHS OF FY2005 AND FY2004
 FY2005 -- 12-MONTHS FY2004 -- 12-MONTHS PERCENT % SHARE OF TOTAL RANKING NUMERICAL RANKING
(01OCT04 -- 30SEPT05) (01OCT03 -- 30SEPT04) CHANGE
FY2005 FY2004 FY2005 FY2004 FY2005 FY2004 FY2005 FY2004
AGENCY LOANS DOLLARS LOANS DOLLARS LNS. DOL. LNS. LNS. DOL. DOL. DOL. DOL.
ARKANSAS 63,510 207,103,203 58,348 191,156,807 8.8 8.3 1.1 1.1 1.0 0.9 24 26 1 USAF 1 USAF
CALIFORNIA 748,449 2,763,756,653 643,654 2,473,789,716 16.3 11.7 12.7 11.6 12.7 12.2 2 2 2 CA 2 CA
COLORADO 70,389 245,311,352 67,733 235,820,932 3.9 4.0 1.2 1.2 1.1 1.2 21 21 3 WI 3 WI
CONNECTICUT 30,924 121,108,719 30,538 120,989,152 1.3 0.1 0.5 0.6 0.6 0.6 29 27 4 TX 4 TX
ECMC 84,875 285,833,658 96,956 313,984,481 -12.5 -9.0 1.4 1.8 1.3 1.6 17 14 5 PA 5 PA
FLORIDA 91,690 288,993,866 98,948 299,187,563 -7.3 -3.4 1.6 1.8 1.3 1.5 16 16 6 NE 6 NY
GEORGIA 41,348 125,060,054 38,864 118,130,903 6.4 5.9 0.7 0.7 0.6 0.6 27 28 7 NY 7 NE
ILLINOIS 144,632 601,087,482 144,944 589,994,970 -0.2 1.9 2.5 2.6 2.8 2.9 9 9 8 MA 8 MA
IOWA 59,532 196,872,872 60,396 202,103,228 -1.4 -2.6 1.0 1.1 0.9 1.0 25 24 9 IL 9 IL
KENTUCKY 137,863 483,685,861 123,596 429,292,673 11.5 12.7 2.3 2.2 2.2 2.1 10 10 10 KY 10 KY
LOUISIANA 42,887 139,437,364 57,053 200,161,920 -24.8 -30.3 0.7 1.0 0.6 1.0 26 25 11 MI 11 TN
MAINE 26,659 89,729,741 26,860 92,108,269 -0.7 -2.6 0.5 0.5 0.4 0.5 35 31 12 TN 12 MI
MASSACHUSETTS 174,479 827,904,735 153,369 727,386,151 13.8 13.8 3.0 2.8 3.8 3.6 8 8 13 SD 13 SD
MICHIGAN 127,031 379,804,429 117,666 352,141,093 8.0 7.9 2.2 2.1 1.8 1.7 11 12 14 MO 14 ECMC
MISSOURI 90,512 314,212,318 90,202 308,772,880 0.3 1.8 1.5 1.6 1.4 1.5 14 15 15 NJ 15 MO
MONTANA 26,664 92,518,311 27,098 91,811,394 -1.6 0.8 0.5 0.5 0.4 0.5 34 32 16 FL 16 FL
NEBRASKA 316,591 1,321,873,122 257,762 1,035,014,702 22.8 27.7 5.4 4.7 6.1 5.1 6 7 17 ECMC 17 NJ
NEW HAMPSHIRE 26,277 98,894,541 26,369 100,144,852 -0.3 -1.2 0.4 0.5 0.5 0.5 32 30 18 WA 18 OK
NEW JERSEY 94,918 307,428,614 89,782 285,760,916 5.7 7.6 1.6 1.6 1.4 1.4 15 17 19 OK 19 WA
NEW MEXICO 34,671 124,921,876 25,643 81,013,841 35.2 54.2 0.6 0.5 0.6 0.4 28 34 20 NC 20 NC
NEW YORK 293,146 1,142,381,567 295,170 1,135,356,256 -0.7 0.6 5.0 5.3 5.3 5.6 7 6 21 CO 21 CO
NORTH CAROLINA 71,578 265,326,165 67,774 248,586,580 5.6 6.7 1.2 1.2 1.2 1.2 20 20 22 SC 22 UT
NORTH DAKOTA 32,521 103,592,877 23,294 74,410,517 39.6 39.2 0.6 0.4 0.5 0.4 31 35 23 UT 23 SC
OKLAHOMA 83,317 268,186,246 81,008 256,355,444 2.9 4.6 1.4 1.5 1.2 1.3 19 18 24 AR 24 IA
OREGON 70 194,485 1,999 6,174,497 -96.5 -96.9 0.0 0.0 0.0 0.0 36 36 25 IA 25 LA
PENNSYLVANIA 402,851 1,455,626,630 383,849 1,383,049,786 5.0 5.2 6.8 6.9 6.7 6.8 5 5 26 LA 26 AR
RHODE ISLAND 30,289 106,956,469 31,563 107,495,877 -4.0 -0.5 0.5 0.6 0.5 0.5 30 29 27 GA 27 CT
SOUTH CAROLINA 61,996 222,348,598 57,587 209,947,235 7.7 5.9 1.1 1.0 1.0 1.0 22 23 28 NM 28 GA
SOUTH DAKOTA 96,809 321,695,263 104,819 339,754,275 -7.6 -5.3 1.6 1.9 1.5 1.7 13 13 29 CT 29 RI
TENNESSEE 104,857 360,287,847 105,660 358,692,588 -0.8 0.4 1.8 1.9 1.7 1.8 12 11 30 RI 30 NH
TEXAS 458,549 1,600,825,891 428,743 1,485,725,770 7.0 7.7 7.8 7.8 7.4 7.4 4 4 31 ND 31 ME
USAF 1,173,780 4,381,593,111 1,119,255 4,177,017,223 4.9 4.9 19.9 20.2 20.2 20.7 1 1 32 NH 32 MT
UTAH 65,012 222,022,089 64,770 212,269,461 0.4 4.6 1.1 1.2 1.0 1.1 23 22 33 VT 33 VT
VERMONT 24,554 94,343,491 24,197 90,722,573 1.5 4.0 0.4 0.4 0.4 0.4 33 33 34 MT 34 NM
WASHINGTON 82,803 277,364,616 74,509 249,433,940 11.1 11.2 1.4 1.3 1.3 1.2 18 19 35 ME 35 ND
WISCONSIN 476,491 1,847,142,184 429,107 1,613,641,534 11.0 14.5 8.1 7.8 8.5 8.0 3 3 36 OR 36 OR
TOTAL 5,892,524 21,685,426,300 5,529,085 20,197,399,999 6.6 7.4 100 100 100 100

STAFFORD LOANS (UNSUBSIDIZED) -- LOAN VOLUME (COMMITMENTS) BY GUARANTY AGENCY - 12 - MONTHS OF FY2005 AND FY2004
FY2005 -- 12-MONTHS FY2004 -- 12-MONTHS PERCENT % SHARE OF TOTAL RANKING NUMERICAL RANKING
(01OCT04 -- 30SEPT05) (01OCT03 -- 30SEPT04) CHANGE
FY2005 FY2004 FY2005 FY2004 FY2005 FY2004 FY2005 FY2004
AGENCY LOANS DOLLARS LOANS DOLLARS LNS. DOL. LNS. LNS. DOL. DOL. DOL. DOL.
ARKANSAS 49,140 190,492,011 42,289 160,059,097 16.2 19.0 1.0 1.0 0.9 0.8 24 25 1 USAF 1 USAF
CALIFORNIA 629,502 2,962,926,687 528,542 2,585,948,771 19.1 14.6 13.3 12.3 13.6 13.3 2 2 2 CA 2 CA
COLORADO 60,861 254,395,360 56,827 234,819,789 7.1 8.3 1.3 1.3 1.2 1.2 19 19 3 WI 3 WI
CONNECTICUT 23,559 104,938,138 22,532 102,439,851 4.6 2.4 0.5 0.5 0.5 0.5 28 28 4 TX 4 TX
ECMC 75,974 297,059,962 83,293 310,140,793 -8.8 -4.2 1.6 1.9 1.4 1.6 14 13 5 NE 5 PA
FLORIDA 67,423 248,493,122 71,236 235,513,843 -5.4 5.5 1.4 1.7 1.1 1.2 20 18 6 PA 6 NE
GEORGIA 33,621 121,458,514 31,999 114,562,801 5.1 6.0 0.7 0.7 0.6 0.6 26 26 7 NY 7 NY
ILLINOIS 113,025 569,708,235 110,627 534,400,183 2.2 6.6 2.4 2.6 2.6 2.7 9 9 8 MA 8 MA
IOWA 44,343 204,098,283 40,816 189,633,104 8.6 7.6 0.9 1.0 0.9 1.0 23 23 9 IL 9 IL
KENTUCKY 109,007 451,787,060 92,453 375,684,663 17.9 20.3 2.3 2.2 2.1 1.9 10 10 10 KY 10 KY
LOUISIANA 33,136 122,707,405 43,736 176,457,925 -24.2 -30.5 0.7 1.0 0.6 0.9 25 24 11 MI 11 SD
MAINE 16,757 59,506,408 15,897 58,496,506 5.4 1.7 0.4 0.4 0.3 0.3 35 35 12 SD 12 MI
MASSACHUSETTS 131,413 878,453,531 111,554 750,222,931 17.8 17.1 2.8 2.6 4.0 3.9 8 8 13 TN 13 ECMC
MICHIGAN 106,418 365,518,220 93,368 320,756,719 14.0 14.0 2.3 2.2 1.7 1.6 11 12 14 ECMC 14 TN
MISSOURI 72,247 287,200,697 68,125 259,668,923 6.1 10.6 1.5 1.6 1.3 1.3 15 15 15 MO 15 MO
MONTANA 18,792 68,047,602 18,155 63,598,135 3.5 7.0 0.4 0.4 0.3 0.3 34 33 16 WA 16 NJ
NEBRASKA 278,011 1,502,142,345 217,135 1,148,356,223 28.0 30.8 5.9 5.1 6.9 5.9 5 6 17 NJ 17 NC
NEW HAMPSHIRE 17,525 76,954,992 16,371 72,947,840 7.0 5.5 0.4 0.4 0.4 0.4 31 30 18 NC 18 FL
NEW JERSEY 70,060 271,388,097 65,941 250,396,469 6.2 8.4 1.5 1.5 1.2 1.3 17 16 19 CO 19 CO
NEW MEXICO 24,639 100,746,787 16,818 58,714,807 46.5 71.6 0.5 0.4 0.5 0.3 29 34 20 FL 20 WA
NEW YORK 214,558 998,984,029 211,025 970,817,263 1.7 2.9 4.5 4.9 4.6 5.0 7 7 21 OK 21 OK
NORTH CAROLINA 63,516 268,481,003 57,229 237,713,308 11.0 12.9 1.3 1.3 1.2 1.2 18 17 22 SC 22 SC
NORTH DAKOTA 20,320 72,557,339 25,111 82,657,376 -19.1 -12.2 0.4 0.6 0.3 0.4 33 29 23 IA 23 IA
OKLAHOMA 62,696 237,312,884 58,741 216,971,716 6.7 9.4 1.3 1.4 1.1 1.1 21 21 24 AR 24 LA
OREGON 58 198,243 1,736 6,241,492 -96.7 -96.8 0.0 0.0 0.0 0.0 36 36 25 LA 25 AR
PENNSYLVANIA 294,298 1,304,161,365 278,260 1,202,293,024 5.8 8.5 6.2 6.5 6.0 6.2 6 5 26 GA 26 GA
RHODE ISLAND 20,655 81,437,407 17,786 68,670,126 16.1 18.6 0.4 0.4 0.4 0.4 30 32 27 UT 27 UT
SOUTH CAROLINA 50,870 219,653,750 46,239 191,772,179 10.0 14.5 1.1 1.1 1.0 1.0 22 22 28 CT 28 CT
SOUTH DAKOTA 82,901 345,822,915 86,450 358,640,912 -4.1 -3.6 1.8 2.0 1.6 1.8 12 11 29 NM 29 ND
TENNESSEE 83,200 330,671,007 80,050 308,161,137 3.9 7.3 1.8 1.9 1.5 1.6 13 14 30 RI 30 NH
TEXAS 367,515 1,535,362,899 335,565 1,358,466,862 9.5 13.0 7.8 7.8 7.0 7.0 4 4 31 NH 31 VT
USAF 975,065 4,706,011,912 903,656 4,259,651,111 7.9 10.5 20.7 21.0 21.6 21.9 1 1 32 VT 32 RI
UTAH 33,325 115,844,922 32,803 110,818,757 1.6 4.5 0.7 0.8 0.5 0.6 27 27 33 ND 33 MT
VERMONT 16,023 74,446,181 15,445 68,756,595 3.7 8.3 0.3 0.4 0.3 0.4 32 31 34 MT 34 NM
WASHINGTON 67,635 274,623,045 58,064 233,397,352 16.5 17.7 1.4 1.4 1.3 1.2 16 20 35 ME 35 ME
WISCONSIN 388,918 2,107,353,081 339,728 1,769,228,740 14.5 19.1 8.2 7.9 9.7 9.1 3 3 36 OR 36 OR
TOTAL UNSUBSIDIZED 4,717,006 21,810,945,438 4,295,602 19,447,077,323 9.8 12.2 100 100 100 100

PLUS LOANS -- LOAN VOLUME (COMMITMENTS) BY GUARANTY AGENCY -- 12-MONTHS OF FY2005 AND FY2004
FY2005 -- 12-MONTHS FY2004 -- 12-MONTHS PERCENT % SHARE OF TOTAL RANKING NUMERICAL RANKING
(01OCT04 -- 30SEPT05) (01OCT03 -- 30SEPT04) CHANGE
FY2005 FY2004 FY2005 FY2004 FY2005 FY2004 FY2005 FY2004
AGENCY LOANS DOLLARS LOANS DOLLARS LNS. DOL. LNS. LNS. DOL. DOL. DOL. DOL. DOL. DOL.
ARKANSAS 4,591 32,560,379 3,610 24,291,712 27.2 34.0 0.7 0.6 0.5 0.4 28 29 1 USAF 1 USAF
CALIFORNIA 85,109 856,821,319 70,491 673,412,351 20.7 27.2 12.5 11.5 12.6 11.6 2 2 2 CA 2 CA
COLORADO 5,772 48,138,760 4,922 37,804,510 17.3 27.3 0.8 0.8 0.7 0.7 21 24 3 PA 3 PA
CONNECTICUT 6,001 72,469,837 5,606 65,017,466 7.0 11.5 0.9 0.9 1.1 1.1 19 18 4 NY 4 NY
ECMC 11,502 107,946,534 11,181 97,945,384 2.9 10.2 1.7 1.8 1.6 1.7 11 11 5 WI 5 TX
FLORIDA 5,025 37,584,674 4,586 31,777,874 9.6 18.3 0.7 0.7 0.6 0.5 27 27 6 TX 6 WI
GEORGIA 2,812 27,307,673 2,560 25,523,794 9.8 7.0 0.4 0.4 0.4 0.4 29 28 7 MA 7 MA
ILLINOIS 15,226 148,768,333 14,477 130,572,411 5.2 13.9 2.2 2.4 2.2 2.3 9 9 8 NE 8 NE
IOWA 3,448 24,814,904 3,314 22,331,398 4.0 11.1 0.5 0.5 0.4 0.4 31 30 9 IL 9 IL
KENTUCKY 10,172 80,424,338 8,377 62,494,289 21.4 28.7 1.5 1.4 1.2 1.1 18 19 10 NJ 10 NJ
LOUISIANA 1,775 11,407,038 2,852 20,129,071 -37.8 -43.3 0.3 0.5 0.2 0.3 33 31 11 ECMC 11 ECMC
MAINE 4,158 42,914,167 3,730 38,456,419 11.5 11.6 0.6 0.6 0.6 0.7 23 22 12 RI 12 TN
MASSACHUSETTS 25,484 346,255,750 20,996 283,929,906 21.4 22.0 3.7 3.4 5.1 4.9 7 7 13 MO 13 MO
MICHIGAN 6,183 42,251,454 5,636 35,700,998 9.7 18.3 0.9 0.9 0.6 0.6 24 26 14 TN 14 RI
MISSOURI 11,327 94,333,739 10,854 84,414,549 4.4 11.8 1.7 1.8 1.4 1.5 13 13 15 NC 15 NC
MONTANA 3,041 26,217,279 2,324 18,829,738 30.9 39.2 0.4 0.4 0.4 0.3 30 32 16 VT 16 VT
NEBRASKA 26,651 257,617,870 21,779 197,980,692 22.4 30.1 3.9 3.6 3.8 3.4 8 8 17 WA 17 WA
NEW HAMPSHIRE 3,677 39,229,655 3,627 36,506,660 1.4 7.5 0.5 0.6 0.6 0.6 26 25 18 KY 18 CT
NEW JERSEY 13,534 119,170,833 13,128 107,309,332 3.1 11.1 2.0 2.1 1.8 1.9 10 10 19 CT 19 KY
NEW MEXICO 473 3,015,338 314 1,776,759 50.6 69.7 0.1 0.1 0.0 0.0 35 36 20 SD 20 SD
NEW YORK 46,257 558,652,036 39,584 456,694,798 16.9 22.3 6.8 6.5 8.2 7.9 4 4 21 CO 21 OK
NORTH CAROLINA 10,869 90,962,422 9,752 77,885,383 11.5 16.8 1.6 1.6 1.3 1.3 15 15 22 OK 22 ME
NORTH DAKOTA 1,223 7,348,086 1,028 5,793,151 19.0 26.8 0.2 0.2 0.1 0.1 34 34 23 ME 23 SC
OKLAHOMA 5,370 43,374,949 5,288 41,362,433 1.6 4.9 0.8 0.9 0.6 0.7 22 21 24 MI 24 CO
OREGON 10 58,367 361 2,693,854 -97.2 -97.8 0.0 0.1 0.0 0.0 36 35 25 SC 25 NH
PENNSYLVANIA 63,229 642,056,359 57,190 544,332,663 10.6 18.0 9.3 9.3 9.4 9.4 3 3 26 NH 26 MI
RHODE ISLAND 8,049 99,541,777 6,691 79,718,364 20.3 24.9 1.2 1.1 1.5 1.4 12 14 27 FL 27 FL
SOUTH CAROLINA 4,815 40,986,054 4,566 38,030,616 5.5 7.8 0.7 0.7 0.6 0.7 25 23 28 AR 28 GA
SOUTH DAKOTA 8,435 55,533,312 7,057 43,640,728 19.5 27.3 1.2 1.2 0.8 0.8 20 20 29 GA 29 AR
TENNESSEE 11,491 91,343,801 11,335 88,350,629 1.4 3.4 1.7 1.9 1.3 1.5 14 12 30 MT 30 IA
TEXAS 52,680 473,225,486 47,971 408,593,563 9.8 15.8 7.8 7.8 7.0 7.1 6 5 31 IA 31 LA
USAF 152,813 1,610,068,990 147,679 1,459,616,216 3.5 10.3 22.5 24.1 23.7 25.2 1 1 32 UT 32 MT
UTAH 1,657 11,874,473 1,778 12,602,136 -6.8 -5.8 0.2 0.3 0.2 0.2 32 33 33 LA 33 UT
VERMONT 7,886 86,773,657 7,360 76,352,780 7.1 13.6 1.2 1.2 1.3 1.3 16 16 34 ND 34 ND
WASHINGTON 7,893 82,926,333 7,197 75,007,375 9.7 10.6 1.2 1.2 1.2 1.3 17 17 35 NM 35 OR
WISCONSIN 51,098 488,001,785 43,255 376,612,835 18.1 29.6 7.5 7.1 7.2 6.5 5 6 36 OR 36 NM
TOTAL PLUS 679,736 6,801,977,761 612,456 5,783,492,837 11.0 17.6 100 100 100 100

STAFFORD(SUB&UNSUB) & PLUS COMBINED - LOAN VOLUME (COMMITMENTS) BY GUARANTY AGENCY - 12- MONTHS OF FY2005 & FY2004
FY2005 -- 12-MONTHS FY2004 -- 12-MONTHS PERCENT % SHARE OF TOTAL RANKING NUMERICAL RANKING
(01OCT04 -- 30SEPT05) (01OCT03 -- 30SEPT04) CHANGE
FY2005 FY2004 FY2005 FY2004 FY2005 FY2004 FY2005 FY2004
AGENCY LOANS DOLLARS LOANS DOLLARS LNS. DOL. LNS. LNS. DOL. DOL. DOL. DOL.
ARKANSAS 117,241 430,155,593 104,247 375,507,616 12.5 14.6 1.0 1.0 0.9 0.8 23 25 1 USAF 1 USAF
CALIFORNIA 1,463,060 6,583,504,659 1,242,687 5,733,150,838 17.7 14.8 13.0 11.9 13.1 12.6 2 2 2 CA 2 CA
COLORADO 137,022 547,845,472 129,482 508,445,231 5.8 7.7 1.2 1.2 1.1 1.1 21 21 3 WI 3 WI
CONNECTICUT 60,484 298,516,694 58,676 288,446,469 3.1 3.5 0.5 0.6 0.6 0.6 26 27 4 TX 4 TX
ECMC 172,351 690,840,154 191,430 722,070,658 -10.0 -4.3 1.5 1.8 1.4 1.6 16 13 5 PA 5 PA
FLORIDA 164,138 575,071,662 174,770 566,479,280 -6.1 1.5 1.5 1.7 1.1 1.2 19 17 6 NE 6 NY
GEORGIA 77,781 273,826,241 73,423 258,217,498 5.9 6.0 0.7 0.7 0.5 0.6 28 28 7 NY 7 NE
ILLINOIS 272,883 1,319,564,050 270,048 1,254,967,564 1.0 5.1 2.4 2.6 2.6 2.8 9 9 8 MA 8 MA
IOWA 107,323 425,786,059 104,526 414,067,730 2.7 2.8 1.0 1.0 0.8 0.9 24 23 9 IL 9 IL
KENTUCKY 257,042 1,015,897,259 224,426 867,471,625 14.5 17.1 2.3 2.2 2.0 1.9 10 10 10 KY 10 KY
LOUISIANA 77,798 273,551,807 103,641 396,748,916 -24.9 -31.1 0.7 1.0 0.5 0.9 29 24 11 MI 11 TN
MAINE 47,574 192,150,316 46,487 189,061,194 2.3 1.6 0.4 0.4 0.4 0.4 33 32 12 TN 12 SD
MASSACHUSETTS 331,376 2,052,614,016 285,919 1,761,538,988 15.9 16.5 2.9 2.7 4.1 3.9 8 8 13 SD 13 ECMC
MICHIGAN 239,632 787,574,103 216,670 708,598,810 10.6 11.1 2.1 2.1 1.6 1.6 11 14 14 NJ 14 MI
MISSOURI 174,086 695,746,754 169,181 652,856,352 2.9 6.6 1.5 1.6 1.4 1.4 15 15 15 MO 15 MO
MONTANA 48,497 186,783,192 47,577 174,239,267 1.9 7.2 0.4 0.5 0.4 0.4 34 33 16 ECMC 16 NJ
NEBRASKA 621,253 3,081,633,337 496,676 2,381,351,617 25.1 29.4 5.5 4.8 6.1 5.2 6 7 17 WA 17 FL
NEW HAMPSHIRE 47,479 215,079,188 46,367 209,599,352 2.4 2.6 0.4 0.4 0.4 0.5 32 31 18 NC 18 NC
NEW JERSEY 178,512 697,987,544 168,851 643,466,717 5.7 8.5 1.6 1.6 1.4 1.4 14 16 19 FL 19 WA
NEW MEXICO 59,783 228,684,001 42,775 141,505,407 39.8 61.6 0.5 0.4 0.5 0.3 31 35 20 OK 20 OK
NEW YORK 553,961 2,700,017,632 545,779 2,562,868,317 1.5 5.4 4.9 5.2 5.4 5.6 7 6 21 CO 21 CO
NORTH CAROLINA 145,963 624,769,590 134,755 564,185,271 8.3 10.7 1.3 1.3 1.2 1.2 18 18 22 SC 22 SC
NORTH DAKOTA 54,064 183,498,302 49,433 162,861,044 9.4 12.7 0.5 0.5 0.4 0.4 35 34 23 AR 23 IA
OKLAHOMA ### 151,383 548,874,079 145,037 514,689,593 4.4 6.6
### 1.3 1.4 1.1 1.1 20 ###
20 24 IA 24 LA ###
OREGON ### 138 451,095 4,096 15,109,843 -96.6 -97.0
### 0.0 0.0 0.0 0.0 36 ###
36 25 UT 25 AR ###
PENNSYLVANIA ### 760,378 3,401,844,354 719,299 3,129,675,473 5.7 8.7
### 6.7 6.9 6.8 6.9 5 ###
5 26 CT 26 UT ###
RHODE ISLAND 58,993 287,935,653 56,040 255,884,367 5.3 12.5 0.5 0.5 0.6 0.6 27 29 27 RI 27 CT
SOUTH CAROLINA 117,681 482,988,402 108,392 439,750,030 8.6 9.8 1.0 1.0 1.0 1.0 22 22 28 GA 28 GA
SOUTH DAKOTA 188,145 723,051,490 198,326 742,035,915 -5.1 -2.6 1.7 1.9 1.4 1.6 13 12 29 LA 29 RI
TENNESSEE 199,548 782,302,655 197,045 755,204,354 1.3 3.6 1.8 1.9 1.6 1.7 12 11 30 VT 30 VT
TEXAS 878,744 3,609,414,276 812,279 3,252,786,195 8.2 11.0 7.8 7.8 7.2 7.2 4 4 31 NM 31 NH
USAF 2,301,658 10,697,674,013 2,170,590 9,896,284,550 6.0 8.1 20.4 20.8 21.3 21.8 1 1 32 NH 32 ME
UTAH 99,994 349,741,484 99,351 335,690,354 0.6 4.2 0.9 1.0 0.7 0.7 25 26 33 ME 33 MT
VERMONT 48,463 255,563,329 47,002 235,831,948 3.1 8.4 0.4 0.5 0.5 0.5 30 30 34 MT 34 ND
WASHINGTON 158,331 634,913,994 139,770 557,838,667 13.3 13.8 1.4 1.3 1.3 1.2 17 19 35 ND 35 NM
WISCONSIN 916,507 4,442,497,050 812,090 3,759,483,109 12.9 18.2 8.1 7.8 8.8 8.3 3 3 36 OR 36 OR
TOTAL FFELP 11,289,266 50,298,349,499 10,437,143 45,427,970,159 8.2 10.7 100 100 100 100

CONSOLIDATED LOAN VOLUME (COMMITMENTS) BY GUARANTY AGENCY - 12-MONTHS OF FY2005 & FY2004
FY2005 -- 12-MONTHS FY2004 -- 12-MONTHS PERCENT % SHARE OF TOTAL RANKING NUMERICAL RANKING
(01OCT04 -- 30SEPT05) (01OCT03 -- 30SEPT04) CHANGE
FY2005 FY2004 FY2005 FY2004 FY2005 FY2004 FY2005 FY2004
AGENCY LOANS DOLLARS LOANS DOLLARS LNS. DOL. LNS. LNS. DOL. DOL. DOL. DOL.

ARKANSAS 13,801 217,523,997 12,626 190,452,962 9.3 14.2 0.5 0.7 0.4 0.5 30 21 1 PA 1 USAF
CALIFORNIA 70,613 1,311,610,089 93,960 1,469,142,895 -24.8 -10.7 2.6 5.3 2.4 4.0 8 8 2 USAF 2 MA
COLORADO 116,738 2,882,508,749 90,676 1,800,212,298 28.7 60.1 4.3 5.1 5.3 4.9 6 7 3 MA 3 PA
CONNECTICUT 25,539 553,965,747 2,669 66,205,174 856.9 736.7 0.9 0.2 1.0 0.2 14 31 4 WI 4 WI
ECMC 39,076 880,261,854 12,782 355,934,797 205.7 147.3 1.4 0.7 1.6 1.0 10 15 5 NY 5 NY
FLORIDA 40,173 781,310,798 42,872 896,753,033 -6.3 -12.9 1.5 2.4 1.4 2.5 11 9 6 CO 6 TX
GEORGIA 2,672 33,549,059 225 2,727,1511087.6 1130.2 0.1 0.0 0.1 0.0 35 35 7 TX 7 CO
ILLINOIS 47,045 1,012,654,486 19,932 627,345,352 136.0 61.4 1.7 1.1 1.9 1.7 9 10 8 CA 8 CA
IOWA 20,837 323,034,457 13,783 209,891,602 51.2 53.9 0.8 0.8 0.6 0.6 22 19 9 IL 9 FL
KENTUCKY 20,049 305,231,662 12,076 181,980,657 66.0 67.7 0.7 0.7 0.6 0.5 26 24 10 ECMC 10 IL
LOUISIANA 16,531 255,672,712 9,723 143,614,933 70.0 78.0 0.6 0.5 0.5 0.4 27 28 11 FL 11 NE
MAINE 5,342 107,648,671 2,150 38,649,687 148.5 178.5 0.2 0.1 0.2 0.1 33 34 12 NE 12 TN
MASSACHUSETTS 219,919 6,503,235,142 200,965 6,077,059,797 9.4 7.0 8.1 11.3 11.9 16.6 3 2 13 TN 13 NJ
MICHIGAN 17,006 305,413,166 8,976 157,024,454 89.5 94.5 0.6 0.5 0.6 0.4 25 26 14 CT 14 WA
MISSOURI 16,520 387,909,005 14,936 260,730,073 10.6 48.8 0.6 0.8 0.7 0.7 17 16 15 MT 15 ECMC
MONTANA 28,787 509,289,766 9,778 181,636,840 194.4 180.4 1.1 0.6 0.9 0.5 15 25 16 NJ 16 MO
NEBRASKA 42,419 710,874,661 35,308 535,739,354 20.1 32.7 1.6 2.0 1.3 1.5 12 11 17 MO 17 OK
NEW HAMPSHIRE 8,126 187,858,847 3,494 88,600,439 132.6 112.0 0.3 0.2 0.3 0.2 31 30 18 UT 18 SC
NEW JERSEY 19,170 391,196,868 15,887 427,743,132 20.7 -8.5 0.7 0.9 0.7 1.2 16 13 19 SC 19 IO
NEW MEXICO 3,311 65,104,645 1,957 46,259,204 69.2 40.7 0.1 0.1 0.1 0.1 34 33 20 OK 20 VM
NEW YORK 202,090 4,930,884,912 105,548 2,907,090,099 91.5 69.6 7.4 5.9 9.0 8.0 5 5 21 SD 21 AK
NORTH CAROLINA 20,911 308,177,979 8,500 126,518,426 146.0 143.6 0.8 0.5 0.6 0.3 24 29 22 IO 22 SD
NORTH DAKOTA 11,913 128,174,400 4,033 51,347,590 195.4 149.6 0.4 0.2 0.2 0.1 32 32 23 WA 23 UT
OKLAHOMA 24,141 369,956,650 15,578 228,139,662 55.0 62.2 0.9 0.9 0.7 0.6 20 17 24 NC 24 KY
OREGON 1 10,326 81 1,650,695 -98.8 -99.4 0.0 0.0 0.0 0.0 36 36 25 MI 25 MT
PENNSYLVANIA 631,289 10,723,088,634 246,295 4,690,963,123 156.3 128.6 23.2 13.9 19.6 12.8 1 3 26 KY 26 MI
RHODE ISLAND 11,029 221,781,501 7,940 145,731,661 38.9 52.2 0.4 0.4 0.4 0.4 29 27 27 LA 27 RI
SOUTH CAROLINA 24,883 372,206,779 13,602 214,080,520 82.9 73.9 0.9 0.8 0.7 0.6 19 18 28 VM 28 LA
SOUTH DAKOTA 15,510 363,469,282 8,352 188,320,324 85.7 93.0 0.6 0.5 0.7 0.5 21 22 29 RI 29 NC
TENNESSEE 35,306 568,483,831 28,835 443,973,327 22.4 28.0 1.3 1.6 1.0 1.2 13 12 30 AK 30 NH
TEXAS 167,551 2,612,440,097 149,790 2,421,327,638 11.9 7.9 6.2 8.4 4.8 6.6 7 6 31 NH 31 CT
USAF 507,872 10,052,898,148 306,412 6,628,299,001 65.7 51.7 18.7 17.3 18.4 18.2 2 1 32 ND 32 ND
UTAH 26,462 376,490,228 8,976 183,485,777 194.8 105.2 1.0 0.5 0.7 0.5 18 23 33 ME 33 NM
VERMONT 11,573 254,050,604 7,643 190,987,752 51.4 33.0 0.4 0.4 0.5 0.5 28 20 34 NM 34 ME
WASHINGTON 12,543 319,369,212 16,457 381,507,411 -23.8 -16.3 0.5 0.9 0.6 1.0 23 14 35 GA 35 GA
WISCONSIN 241,811 5,243,783,612 242,791 3,948,111,125 -0.4 32.8 8.9 13.7 9.6 10.8 4 4 36 OR 36 OR
Total Consolidated 2,718,559 54,571,120,576 1,775,608 36,509,237,965 53.1 49.5 100 100 100 100

FOOTNOTES PERTAINING TO THE ANNUAL AND CUMULATIVE COMMITMENTS TABLES:

--- THE TERM "COMMITMENTS" EXCLUDES CONSOLIDATION LOANS AND PLUS & SLS REFINANCED LOANS AUTHORIZED UNDER THE 1986 AMENDMENTS.

--- FISLP DATA DOES NOT INCLUDE CONSOLIDATION LOANS MADE BY SALLIE MAE FROM NOV. '81 THRU OCT. '83. TOTAL WAS 32,000 LOANS
FOR $390 MILLION.

--- COMMITMENT DATA FOR THE 12-MONTHS OF FY 2005 & FY 2004 ARE FROM THE NATIONAL STUDENT LOAN DATA SYSTEM (NSLDS).

FOOTNOTES PERTAINING TO THE AGENCY-BY-AGENCY TABLES:

--- KENTUCKY IS THE DESIGNATED GUARANTOR FOR ALABAMA.

--- MASSACHUSETTS IS THE DESIGNATED GUARANTOR FOR DC..

--- NORTHSTAR GUARANTEE INC. IS THE DESIGNATED GUARANTOR FOR MINNESOTA.

--- PENNSYLVANIA IS THE DESIGNATED GUARANTOR FOR DELAWARE AND WEST VIRGINIA.

--- USAF IS THE DESIGNATED GUARANTOR FOR ALASKA, ARIZONA, HAWAII, INDIANA, KANSAS, MARYLAND, MISSISSIPPI,
NEVADA, THE PACIFIC ISLANDS, AND WYOMING.

--- WASHINGTON IS THE DESIGNATED GUARANTOR FOR IDAHO.

--- WISCONSIN IS THE DESIGNATED GUARANTOR FOR OHIO, PUERTO RICO AND THE VIRGIN ISLANDS.

--- WISCONSIN BECAME THE DESIGNATED GUARANTOR FOR MINNESOTA DURING FY97.

--- ECMC IS THE DESIGNATED GUARANTOR FOR VIRGINIA.

FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFELP) -- ANNUAL AND CUMULATIVE COMMITMENTS-FY66--FY2005

ANNUAL LOAN VOLUME PERCENT CHANGE FROM PERCENT SHARE AVERAGE CUMULATIVE LOAN VOLUME
PRIOR FY OF FFELP LOAN
FISCAL LOANS DOLLARS LOANS DOLLARS
YEAR (THOUSANDS) (MILLIONS) LOANS DOLLARS LOANS DOLLARS DOLLARS (THOUSANDS) (MILLIONS)
1966 89 73 --- --- 100.0 100.0 828 89 73
1967 287 244 222 234 100.0 100.0 848 376 317
1968 407 361 42 48 83.1 84.3 888 783 678
1969 508 457 25 27 67.2 67.8 899 1,291 1,135
1970 498 457 -2 0 57.7 56.4 918 1,789 1,592
1971 535 531 7 16 52.6 52.3 992 2,324 2,123
1972 509 566 -5 7 42.4 44.4 1,113 2,833 2,689
1973 431 516 -15 -9 41.8 44.1 1,196 3,264 3,205
1974 431 528 0 2 45.9 46.4 1,225 3,695 3,733
S S 1975 486 637 13 21 49.1 49.1 1,312 4,181 4,370
T U 1976 * 776 1,088 60 71 59.7 59.5 1,401 4,957 5,458
A B 1977 651 1,037 -16 -5 66.9 67.5 1,593 5,608 6,495
F S 1978 817 1,485 25 43 75.3 75.8 1,819 6,425 7,980
F I 1979 1,233 2,443 51 65 81.7 81.9 1,982 7,658 10,423
O D 1980 2,078 4,335 69 77 89.8 89.6 2,086 9,736 14,758
R I 1981 3,339 7,366 61 70 94.3 94.2 2,206 13,075 22,124
D Z 1982 2,646 5,901 -21 -20 94.9 94.6 2,230 15,721 28,025
E 1983 2,885 6,537 9 11 94.9 94.4 2,266 18,606 34,562
D 1984 3,246 7,506 13 15 95.4 94.8 2,312 21,852 42,068
1985 3,641 8,401 12 12 95.0 94.3 2,307 25,493 50,469
1986 3,413 8,050 -6 -4 94.5 93.9 2,359 28,906 58,519
1987 3,482 8,587 2 7 89.8 88.2 2,466 32,388 67,106
1988 3,619 9,257 4 8 80.2 78.3 2,558 36,007 76,363
1989 3,682 9,593 2 4 78.1 77.0 2,606 39,689 85,956
1990 3,605 9,708 -2 1 80.3 79.0 2,693 43,294 95,664
1991 3,842 10,551 7 9 79.7 78.2 2,747 47,136 106,215
1992 3,997 11,250 4 7 77.9 76.3 2,815 51,133 117,464
1993 4,072 12,471 2 11 72.1 69.8 3,062 55,205 129,936
1994 4,522 14,758 11 18 67.0 63.9 3,264 59,727 144,694
1995 3,712 12,443 -18 -16 63.3 59.1 3,352 63,439 157,137
1996 3,288 11,501 -11 -8 61.6 58.3 3,498 66,727 168,638
1997 3,368 11,866 2 3 59.9 55.4 3,523 70,095 180,504
1998 3,379 11,932 0 1 58.7 53.5 3,531 73,474 192,436
1999 3,316 11,759 -2 -1 57.3 51.3 3,546 76,790 204,195
2000 3,520 12,564 6 7 55.6 49.0 3,569 80,310 216,759
2001 3,797 13,503 8 7 54.7 47.7 3,556 84,107 230,262
2002 4,287 15,260 13 13 54.1 46.6 3,560 88,394 245,522
2003 4,933 17,802 15 17 53.8 45.8 3,609 93,327 263,324
2004 5,529 20,197 12 13 53.0 44.5 3,653 98,856 283,521
12-MONTHS 2005 5,893 21,685 7 7 52.2 43.1 3,680 104,749 305,206

FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFELP) -- ANNUAL AND CUMULATIVE COMMITMENTS--FY81 - FY2005

ANNUAL LOAN VOLUME PERCENT CHANGE FROM PERCENT SHARE AVERAGE CUMULATIVE LOAN VOLUME
PRIOR FY OF FFELP LOAN
FISCAL LOANS DOLLARS LOANS DOLLARS
YEAR (THOUSANDS) (MILLIONS) LOANS DOLLARS LOANS DOLLARS DOLLARS (THOUSANDS) (MILLIONS)

S U 1993 423 1,019 --- --- 7.5 5.7 2,411 423 1,019
T N 1994 1,322 4,748 213 366 19.6 20.6 3,592 1,744 5,767
A S 1995 1,852 6,948 40 46 31.6 33.0 3,752 3,596 12,715
F U 1996 1,769 6,568 -4 -5 33.2 33.3 3,713 5,365 19,283
F B 1997 1,948 7,608 10 16 34.7 35.5 3,906 7,313 26,891
O 1998 2,050 8,207 5 8 35.6 36.8 4,003 9,363 35,098
R 1999 2,161 9,024 5 10 37.3 39.4 4,176 11,524 44,122
D 2000 2,456 10,482 14 16 38.8 40.9 4,268 13,980 54,604
2001 2,744 11,788 12 12 39.6 41.6 4,296 16,724 66,392
2002 3,195 13,879 16 18 40.3 42.4 4,344 19,919 80,271
2003 3,725 16,526 17 19 40.6 42.5 4,437 23,644 96,797
2004 4,296 19,447 15 18 41.2 42.8 4,527 27,940 116,244
12-MONTHS 2005 4,717 21,811 10 12 41.8 43.4 4,624 32,657 138,055

FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFELP) -- ANNUAL AND CUMULATIVE COMMITMENTS--FY66 - FY2005
ANNUAL LOAN VOLUME PERCENT CHANGE FROM PERCENT SHARE AVERAGE CUMULATIVE LOAN VOLUME
PRIOR FY OF FFELP LOAN
FISCAL LOANS DOLLARS LOANS DOLLARS
YEAR (THOUSANDS) (MILLIONS) LOANS DOLLARS LOANS DOLLARS DOLLARS (THOUSANDS) (MILLIONS)
1981 11 28 --- --- 0.3 0.4 2,690 11 28
1982 27 67 145 139 1.0 1.1 2,525 38 95
1983 58 147 115 119 1.9 2.1 2,540 96 242
1984 74 194 28 32 2.2 2.5 2,643 170 436
1985 95 253 28 30 2.5 2.8 2,664 265 689
P 1986 92 241 -3 -5 2.5 2.8 2,634 357 930
L 1987 109 323 18 34 2.8 3.3 2,973 466 1,253
U 1988 178 541 64 68 3.9 4.6 3,040 643 1,793
S 1989 239 748 34 38 5.1 6.0 3,136 882 2,541
1990 273 877 15 17 6.1 7.1 3,210 1,155 3,419
1991 329 1,072 21 22 6.8 7.9 3,256 1,484 4,491
1992 393 1,293 19 21 7.7 8.8 3,289 1,878 5,784
1993 344 1,312 -13 1 6.1 7.3 3,817 2,222 7,096
1994 350 1,726 2 32 5.2 7.5 4,934 2,571 8,822
1995 300 1,663 -14 -4 5.1 7.9 5,543 2,871 10,485
1996 279 1,658 -7 0 5.2 8.4 5,943 3,150 12,143
1997 304 1,936 9 17 5.4 9.0 6,368 3,454 14,079
1998 329 2,162 8 12 5.7 9.7 6,571 3,783 16,241
1999 313 2,140 -5 -1 5.4 9.3 6,837 4,096 18,381
2000 356 2,610 14 22 5.6 10.2 7,331 4,452 20,991
2001 395 3,044 11 17 5.7 10.7 7,706 4,847 24,035
2002 439 3,610 11 19 5.5 11.0 8,223 5,286 27,645
2003 513 4,537 17 26 5.6 11.7 8,844 5,799 32,182
2004 613 5,784 19 27 5.9 12.7 9,436 6,412 37,966
12-MONTHS 2005 680 6,802 11 18 6.0 13.5 10,003 7,092 44,768

FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFELP) -- ANNUAL AND CUMULATIVE COMMITMENTS -- FY66 - FY2005

ANNUAL LOAN VOLUME PERCENT CHANGE FROM PERCENT SHARE AVERAGE CUMULATIVE LOAN VOLUME
PRIOR FY OF FFELP LOAN
FISCAL LOANS DOLLARS LOANS DOLLARS
YEAR (THOUSANDS) (MILLIONS) LOANS DOLLARS LOANS DOLLARS DOLLARS (THOUSANDS) (MILLIONS)
1966 89 73 --- --- 100.0 100.0 828 89 73
1967 287 244 222 234 100.0 100.0 848 376 317
1968 490 428 71 75 100.0 100.0 874 866 745
1969 756 674 54 57 100.0 100.0 891 1,622 1,419
1970 863 811 14 20 100.0 100.0 940 2,485 2,230
1971 1,017 1,015 18 25 100.0 100.0 998 3,502 3,245
1972 1,201 1,274 18 26 100.0 100.0 1,062 4,703 4,519
1973 1,030 1,171 -14 -8 100.0 100.0 1,136 5,733 5,690
1974 938 1,139 -9 -3 100.0 100.0 1,215 6,671 6,829
1975 990 1,298 6 14 100.0 100.0 1,311 7,661 8,127
1976 * 1,299 1,828 31 41 100.0 100.0 1,408 8,960 9,955
1977 973 1,537 -25 -16 100.0 100.0 1,581 9,933 11,492
F 1978 1,085 1,959 12 27 100.0 100.0 1,806 11,018 13,451
F 1979 1,510 2,984 39 52 100.0 100.0 1,977 12,528 16,435
E 1980 2,314 4,840 53 62 100.0 100.0 2,091 14,842 21,275
L 1981 3,539 7,822 53 62 100.0 100.0 2,210 18,381 29,097
P 1982 2,787 6,235 -21 -20 100.0 100.0 2,237 21,168 35,332
1983 3,039 6,928 9 11 100.0 100.0 2,279 24,207 42,260
1984 3,403 7,916 12 14 100.0 100.0 2,326 27,610 50,176
1985 3,833 8,913 13 13 100.0 100.0 2,326 31,443 59,089
1986 3,611 8,570 -6 -4 100.0 100.0 2,374 35,054 67,659
1987 3,876 9,736 7 14 100.0 100.0 2,512 38,930 77,395
1988 4,513 11,816 16 21 100.0 100.0 2,618 43,444 89,211
1989 4,713 12,466 4 6 100.0 100.0 2,645 48,157 101,677
1990 4,493 12,291 -5 -1 100.0 100.0 2,734 52,650 113,968
1991 4,818 13,500 7 10 100.0 100.0 2,804 57,468 127,468
1992 5,130 14,749 6 9 100.0 100.0 2,875 62,598 142,217
1993 5,647 17,863 10 21 100.0 100.0 3,163 68,245 160,080
1994 6,747 23,101 19 29 100.0 100.0 3,424 74,992 183,181
1995 5,864 21,054 -13 -9 100.0 100.0 3,590 80,856 204,235
1996 5,336 19,727 -9 -6 100.0 100.0 3,697 86,192 223,962
1997 5,620 21,410 5 9 100.0 100.0 3,810 91,812 245,372
1998 5,758 22,301 2 4 100.0 100.0 3,873 97,570 267,673
1999 5,790 22,923 1 3 100.0 100.0 3,959 103,360 290,596
2000 6,332 25,656 9 12 100.0 100.0 4,052 109,692 316,252
2001 6,936 28,335 10 10 100.0 100.0 4,085 116,628 344,587
2002 7,921 32,749 14 16 100.0 100.0 4,134 124,549 377,336
2003 9,171 38,865 16 19 100.0 100.0 4,238 133,720 416,201
2004 10,437 45,428 14 17 100.0 100.0 4,353 144,157 461,629
12-MONTHS 2005 11,289 50,298 8 11 100.0 100.0 4,455 155,446 511,927
NOTES: (1) FISLP DATA FOR THE YEARS FY66 - FY84 ARE INCLUDED IN THE FFELP TOTALS (NOT DISPLAYED).
(2) SLS DATA FOR THE YEARS FY81 - FY94 ARE INCLUDED IN THE FFELP TOTALS (NOT DISPLAYED).
(3) THE TERM "COMMITMENTS" EXCLUDES CONSOLIDATION LOANS AND PLUS & SLS REFINANCED LOANS AUTHORIZED UNDER THE 1986 AMENDMENTS.
* FY66 - FY75 ARE JULY - JUNE FY'S. FY76 INCLUDES TRANSITION QUARTER (JULY '76 - SEP '76). FY77 - FY98 ARE OCT. - SEP. FY'S.