TOP 100 ORIGINATORS OF FFELP LOANS -- FY04 AND FY03

(SEQUENCED FROM HIGH TO LOW ON FY04 $ OF NEW GUARANTEES)

$ OF NEW $ OF NEW
GUARANTEES RANKINGS GUARANTEES
LENDER NAME / LENDER NAME /
CITY/ST FY04 FY03 FY04 FY03 CITY/ST FY04
SLM CORPORATION (SALLIE MAE) [24] 4208.7 3160.6 1 2 S C STUDENT LOAN CORP 438.6
RESTON VA COLUMBIA SC
BANK ONE [18] 3927.8 3317.5 2 1 UNION BANK & TRUST [5] 438.5
COLUMBUS OH LINCOLN NE
CITIBANK, STUDENT LOAN CORP [7] 3422.7 2995.2 3 3 BRAZOS GROUP [20] 405.6
PITTSFORD NY WACO TX
JPMORGAN CHASE BANK [10] 2549.4 2466.0 4 4 NATIONAL ED LOAN NETWORK (NELNET) [15] 377.1
GARDEN CITY NY LINCOLN NE
BANK OF AMERICA [14] 2414.3 2157.5 5 5 NOVA SOUTHEASTERN UNIVERSITY 374.7
LOS ANGELES CA FORT LAUDERDALE FL
WELLS FARGO EDUCATION FINANCIAL SER [12] 2253.3 2042.2 6 6 KEY CORP [3] 370.7
SIOUX FALLS SD CLEVELAND OH
FIRST UNION NTL BK (CLASSNOTES) [2] 1893.2 1780.8 7 7 ILLINOIS STUDENT ASSITANCE COMM/IDAAP [2] 357.6
SACRAMENTO CA DEERFIELD IL
U S BANK [30] 1123.7 1031.2 8 9 COLLEGE BOARD/COLLEGE CREDIT 340.5
MILWAUKEE WI NEW YORK NY
ACCESS GROUP [2] 1062.0 927.3 9 8 KENTUCKY HIGHER ED STUDENT LOAN COR 324.9
WILMINGTON DE LOUISVILLE KY
EDAMERICA [3] 894.1 652.1 10 12 AMSOUTH BANCORP [3] 320.1
KNOXVILLE TN JACKSON MS
COLLEGE LOAN CORP [2] 777.4 426.6 11 19 AELMAC/SOUTHWEST STU SRVCS CORP [3] 315.1
SAN DIEGO CA GILBERT AZ
PITTSBURGH NATIONAL CORP (PNC) [3] 775.5 670.7 12 10 COMMERCE BANK N A 283.4
PITTSBURGH PA ST LOUIS MO
NORTHSTAR GUARANTEE 759.4 634.7 13 13 WASHINGTON MUTUAL SAVINGS BANK [4] 266.6
ST. PAUL MN SEATTLE WA
SUNTRUST BANK [8] 732.8 660.7 14 11 STILLWATER NATIONAL BANK & TRUST CO 263.3
RICHMOND VA STILLWATER OK
PENNA HIGHER ED ASSISTANCE AGENCY 649.9 633.4 15 14 COMERICA BANK [5] 254.8
HARRISBURG PA DETROIT MI
COLLEGE FOUNDATION INC 563.5 477.2 16 17 VSAC EDUCATION LOAN FINANCE PROGRAM 235.0
RALEIGH NC WINOOSKI VT
CITIZENS BANK [10] 556.5 440.6 17 18 PROVINCIAL BANK ACADEMIC FUNDING GR 224.2
WESTWOOD MA ST PAUL MN
FLEET BANK [8] 512.6 593.3 18 15 HSBC BANK USA [3] 207.0
UTICA NY BUFFALO NY
EDUCATION LENDING GROUP [5] 486.1 318.1 19 24 RISLA/RHODE ISLAND STUDENT LOAN AUT [2] 203.9
CINCINNATI OH WARWICK RI
NATIONAL CITY BANK [12] 475.4 1377.8 20 8 REGIONS BANK 198.8
CLEVELAND OH MOBILE AL

* INDICATES RANKING NOT IN TOP 100.

** MERGED WITH ANOTHER LENDER AND PORTFOLIO IS REPORTED ELSEWHERE
$ OF NEW GUARANTEES INCLUDES STAFFORD (SUBSIDIZED AND UNSUBSIDIZED) AND PLUS LOANS (IN MILLIONS). EXCLUDES CONSOLIDATION LOANS.
DATA SOURCE: NSLDS
 TOP 100 ORIGINATORS OF FFELP LOANS -- FY04 AND FY03
(SEQUENCED FROM HIGH TO LOW ON FY04 $ OF NEW GUARANTEES)

$ OF NEW $ OF NEW
GUARANTEES RANKINGS GUARANTEES
LENDER NAME / LENDER NAME /
CITY/ST FY04 FY03 FY04 FY03 CITY/ST FY04
NEW HAMPSHIRE HIGHER ED LOAN CORP 198.3 175.8 41 37 BANK OF OKLAHOMA 85.0
CONCORD NH TULSA OK
MANUFACTURERS AND TRADERS TRUST CO [4] 180.2 140.7 42 44 UNIVERSITY OF SOUTHERN CALIFORNIA FCU [2] 83.9
BUFFALO NY LOS ANGELES CA
ALL STUDENT LOAN CORP [2] 177.4 154.1 43 41 BANK OF NORTH DAKOTA 83.4
LOS ANGELES CA BISMARCK ND
TWIN CITY FEDERAL SAVINGS BANK-TCF [4] 170.1 161.6 44 40 FROST NATIONAL BANK 80.9
MINNEAPOLIS MN SAN ANTONIO TX
FIRST NATIONAL BANK 164.4 152.9 45 42 FIRST NATIONAL BANK 78.6
SIOUX FALLS SD OVERLAND PARK KS
FIFTH THIRD BANK [4] 159.5 130.4 46 45 UNION PLANTERS BANK [3] 77.5
INDIANAPOLIS IN KNOXVILLE TN
ZIONS FIRST NATIONAL BANK [4] 150.9 111.8 47 48 INDEPENDENCE FEDERAL SAVINGS BANK 76.2
SALT LAKE CITY UT WASHINGTON DC
CONNECTICUT STUDENT LOAN FOUND [2] 132.2 123.8 48 46 ARVEST BANK GROUP [6] 75.9
ROCKY HILL CT NORMAN OK
BANCORP SOUTH BANK [2] 126.1 117.2 49 47 ARKANSAS STUDENT LOAN AUTHORITY 74.6
TUPELO MS LITTLE ROCK AR
UNIVERSITY OF PHOENIX 120.1 0.0 50 * MIDWESTERN UNIVERSITY 73.3
PHOENIX AZ DOWNERS GROVE IL
LOUISIANA PUBLIC FACILITIES AUTH [2] 109.5 95.5 51 53 MICHIGAN STATE UNIVERSITY 72.3
BATON ROUGE LA EAST LANSING MI
FIRST MIDWEST BANK 106.1 104.3 52 50 PLAINSCAPITAL BANK 71.0
SIOUX FALLS SD LUBBOCK TX
COLLEGEINVEST 102.7 62.5 53 65 KIRKSVILLE COL OF OSTEOPATHIC MED [2] 70.8
DENVER CO KIRKSVILLE MO
CA HIGHER ED LOAN AUTH (CHELA) [8] 99.3 40.5 54 94 UNIVERSITY OF MIAMI 69.1
SAN FRANCISCO CA CORAL GABLES FL
UNIVERSITY OF PENNSYLVANIA 97.6 96.2 55 52 STANDARD FEDERAL BANK [2] 68.1
PHILADELPHIA PA CHICAGO IL
HIBERNIA NATIONAL BANK [3] 96.7 88.0 56 56 UNIVERSITY FEDERAL CREDIT UNION 63.8
BATON ROUGE LA AUSTIN TX
BOONE COUNTY NATIONAL BANK 94.1 92.8 57 54 SIMMONS FIRST NATIONAL BANK 62.9
COLUMBIA MO PINE BLUFF AR
NEW MEXICO EDUC ASST FOUNDATION 90.2 74.8 58 62 DOLLAR BANK 60.1
ALBUQUERQUE NM PITTSBURGH PA
KANSAS STATE BANK 90.0 69.4 59 64 UNIVERSITY OF CHICAGO 60.0
MANHATTAN KS CHICAGO IL
INDIANA SECONDARY MARKET [2] 89.6 49.6 60 85 BANC FIRST [3] 58.1
INDIANAPOLIS IN SHAWNEE OK

* INDICATES RANKING NOT IN TOP 100.

** INDICATES MERGED WITH ANOTHER LENDER AND PORTFOLIO IS REPORTED ELSEWHERE
$ OF NEW GUARANTEES INCLUDES STAFFORD (SUBSIDIZED AND UNSUBSIDIZED) AND PLUS LOANS (IN MILLIONS). EXCLUDES CONSOLIDATION LOANS.
DATA SOURCE: NSLDS
 TOP 100 ORIGINATORS OF FFELP LOANS -- FY04 AND FY03
(SEQUENCED FROM HIGH TO LOW ON FY04 $ OF NEW GUARANTEES)

$ OF NEW $ OF NEW
GUARANTEES RANKINGS GUARANTEES
LENDER NAME / LENDER NAME /
CITY/ST FY04 FY03 FY04 FY03 CITY/ST FY04
UNIVERSITY OF MISSOURI-KANSAS CITY 56.5 53.6 81 77 ACADEMIC MANAGEMENT SERVICES 0.0
LINCOLN NE SWANSEA MA
COMPASS BANK [2] 55.9 42.5 82 91 EFS FINANCE CO 0.0
COLLEGE STATION TX INDIANAPOLIS IN
SOUTHTRUST BANK [2] 55.7 48.8 83 86 MAINE EDUCATIONAL LOAN MARKETING 0.0
BIRMINGHAM AL PORTLAND ME
FIRST TENNESSEE BANK 55.1 53.1 84 78 CARNEGIE INSURANCE COMPANY 31.0
MARYVILLE TN CLEVELAND OH
GEORGIA STUDENT FINANCE AUTHORITY [2] 55.0 58.4 85 71 MICHIGAN HIGHER ED STUD LOAN AUTH 39.6
TUCKER GA LANSING MI
MARSHALL & ILSLEY BANK 54.5 51.2 86 80 NAVY FEDERAL CREDIT UNION 41.1
WAUSAU WI MERRIFIELD VA
TRUSTMARK NATIONAL BANK 54.3 54.3 87 75 PURDUE EMPLOYEES FCU 39.3
JACKSON MS WEST LAFAYETTE IN
WESTERN UNIV OF HEALTH SCIENCES 54.3 47.3 88 87 WHITNEY NATIONAL BANK [2] 38.1
POMONA CA JEFFERSON LA
BANK OF LAKE MILLS 53.3 4.0 89 * WYOMING STUDENT LOAN CORP 39.6
LAKE MILLS WI CHEYENNE WY
WAYNE STATE UNIVERSITY 52.5 14.2 90 * WIDENER COLLEGE 39.5
DETROIT MI CHESTER PA
UNIVERSITY OF DENVER 51.8 50.0 91 83 REGIS UNIVERSITY 38.7
DENVER CO DENVER CO
PALMER COLLEGE OF CHIROPRACTIC 51.5 52.5 92 79
DAVENPORT IA
ALBANY BANK AND TRUST CO 50.3 22.7 93 * FY04
CHICAGO IL TOP 10 AS A PERCENT OF NATION 52.4
FIRST FEDERALCAPITAL BANK 49.9 45.1 94 88 TOP 25 AS A PERCENT OF NATION 70.8
LACROSSE WI TOP 50 AS A PERCENT OF NATION 83.5
FIRST NATIONAL BANK OF ABILENE 49.4 42.6 95 90 TOP 75 AS A PERCENT OF NATION 88.1
ABILENE TX TOP 100 AS A PERCENT OF NATION 91.1
SECURITY SERVICE FCU 47.7 40.8 96 93
SAN ANTONIO TX
MASSACHUSETTS ED FINANCING 47.5 25.7 97 *
BOSTON MA
TUFTS UNIVERSITY 42.4 26.4 98 *
NORTH CHICAGO IL
ROSALIND FRANKLIN UNIV/MED&SCIENCE 41.8 39.0 99 96
NORTH CHICAGO IL
SOVEREIGN BANK NEW ENGLAND 41.4 27.6 100 *
PROVIDENCE RI

* INDICATES RANKING NOT IN TOP 100.

** INDICATES MERGED WITH ANOTHER LENDER AND PORTFOLIO IS REPORTED ELSEWHERE
$ OF NEW GUARANTEES INCLUDES STAFFORD (SUBSIDIZED AND UNSUBSIDIZED) AND PLUS LOANS (IN MILLIONS). EXCLUDES CONSOLIDATION LOANS.
DATA SOURCE: NSLDS
 $ OF NEW
GUARANTEES RANKINGS

FY03 FY04 FY03

370.1 21 22

417.3 22 20

289.1 23 26

97.7 24 51

375.9 25 21

365.8 26 23

280.1 27 27

306.5 28 25

224.4 29 32

253.3 30 29

229.4 31 31

257.4 32 28

234.7 33 30

148.2 34 43

191.8 35 35

223.4 36 33

164.1 37 39

196.5 38 34

186.6 39 36

171.8 40 38
 $ OF NEW
GUARANTEES RANKINGS

FY03 FY04 FY03

79.4 61 58

86.9 62 57

79.3 63 59

71.0 64 63

43.8 65 89

90.4 66 55

59.2 67 68

25.8 68 *

58.8 69 69

58.6 70 70

56.5 71 73

75.3 72 61

61.8 73 66

50.1 74 82

25.5 75 *

61.4 76 67

54.2 77 76

21.1 78 *

55.6 79 74

49.7 80 84
 $ OF NEW
GUARANTEES RANKINGS

FY03 FY04 FY03

479.9 ** 16

105.9 ** 49

76.5 ** 60

56.8 * 72

50.7 * 81

41.6 * 92

39.3 * 95

39.0 * 97

37.1 * 98

36.0 * 99

32.5 * 100

FY03
54.0
72.4
84.1
88.8
91.7