ED FORM 2000

OMB No. 1845-0026 Expiration Date: 02/28/2003 U. S. Department Of Education Federal Family Education Loan Program Guaranty Agency Financial Report Cover Page

Guaranty Agency State Name: _________________ Guaranty Agency Code: _____

Authority:

The collection of this information is authorized by the Higher Education Act of 1965, as amended, Part B, Federal Family Education Loan Program (20 U.S.C. 1071 Et Seq.).

Reporting Burden:

According to the Paperwork Reduction Act of 1995, no persons are required to respond to a collection of information unless such collection displays a valid, OMB control number. The valid OMB control number for this information collection is 1845-0026. The time required to complete this information collection is estimated to average 55 hours per response, including the time to review instructions, search existing data resources, gather and maintain the data needed, and complete and review the information collection. If you have any comments concerning the accuracy of the time estimate(s) or suggestions for improving this form, please write to: U.S. Department of Education, Washington, D.C. 20202-4651. If you have any comments or concerns regarding the status of your individual submission of this form, write directly to: Guaranty Agency Reporting, U.S. Department of Education, P.O. 23457, L'Enfant Plaza Station, Washington, D.C. 20026. Any person who knowingly and willfully destroys or conceals any record relating to the provision of assistance under Title IV of the Higher Education Act of 1965, as amended, or attempts to so destroy or conceal with intent to defraud the United States or to prevent the United States from enforcing any right obtained by subrogation under Part B of Title IV, shall upon conviction thereof, be fined not more than $20,000 or imprisoned not more than 5 years, or both, under the provisions of 20 U.S.C. 1097. Instructions: There are separate instructions for the completion of this form. Please read those instructions carefully before completing the form. Warning:

Page 1 of 9

GUARANTY AGENCY FINANCIAL REPORT
Guaranty Agency Code: _____ - Guaranty Agency State Name: ______ For Month Of: __/____
ITEM NO. CATEGORY AMOUNT DUE TO/(FROM) GUARANTOR
$_____________________ $ $ $ $ $ $ $ $

OMB No. 1845-0026 Expiration Date : 02/28/2003
INTEREST AMOUNT OTHER AMOUNTS

PRINCIPAL AMOUNT

MR-1 MR-1-A MR-1-B MR-1-C MR-1-D MR-1-E MR-1-F MR-1-G MR-2

Claims Paid Defaults - Net Exempt/Lender of Last Resort Death/Disability Closed School/False Certification Bankruptcy Unpaid Refunds Discharges Borrower Payment Return (Closed School/False Certification) Status Changes Death/Disability Closed School/False Certification Bankruptcy TOP Overpayments Repurchases - CFY Defaults Exempt/Lender of Last Resort Death/Disability Closed School/False Certification Bankruptcy

$______________________ $ $______________________ $ $ $ $______________________ $ $______________________ $ $ $ $ $

$

$

MR-3 MR-3-A MR-3-B MR-3-C MR-4 MR-5 MR-5-A MR-5-B MR-5-C MR-5-D MR-5-E

$ $ $ $ $

$

$ $ $ $ $

Page 2 of 9

GUARANTY AGENCY FINANCIAL REPORT
Guaranty Agency Code: _____ - Guaranty Agency State Name: ______ For Month Of: __/____
ITEM NO. CATEGORY AMOUNT DUE TO/(FROM) GUARANTOR PRINCIPAL AMOUNT

OMB No. 1845-0026 Expiration Date : 02/28/2003
INTEREST AMOUNT OTHER AMOUNTS

MR-6 MR-6-A MR-6-B MR-6-C MR-6-D MR-6-E MR-7 MR-7-A MR-7-B MR-7-C MR-7-D MR-7-E MR-8 MR-8-A MR-8-B MR-8-C MR-8-D MR-8-E MR-9 MR-9-A MR-9-B MR-9-C MR-9-D MR-9-E

Repurchases - PFY Defaults Exempt/Lender of Last Resort Death/Disability Closed School/False Certification. Bankruptcy Partial Refunds -CFY Defaults Exempt/Lender of Last Resort Death/Disability Closed School/False Certification. Bankruptcy Partial Refunds -PFY Defaults Exempt/Lender of Last Resort Death/Disability Closed School/False Certification. Bankruptcy Overstated Claims Defaults Exempt/Lender of Last Resort Death/Disability Closed School/False Certification. Bankruptcy

$______________________ $ $ $ $ $ $______________________ $ $ $ $ $ $______________________ $ $ $ $ $ $______________________ $ $ $ $ $ $ $ $ $ $ $

Page 3 of 9

GUARANTY AGENCY FINANCIAL REPORT
Guaranty Agency Code: _____ - Guaranty Agency State Name: ______ For Month Of: __/____
ITEM NO. CATEGORY AMOUNT DUE TO/(FROM) GUARANTOR PRINCIPAL AMOUNT

OMB No. 1845-0026 Expiration Date : 02/28/2003
INTEREST AMOUNT OTHER AMOUNTS

MR-10 MR-10-A MR-11 MR-11-A MR-11-B MR-12 MR-12-A

Rehabilitated Loan Refund Rehabilitated Loans FFEL Consolidation Refund FFEL Consolidation - Payoff FFEL Consolidation - GA Retention GA Administrative Wage Garnishment Administrative Wage Garnishment - Total Collected

$______________________ $ $ $______________________ $ $ $ $______________________ $ $ $ $______________________ $ $ $ $______________________ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

MR-12-B Administrative Wage Garnishment - GA Retention MR-13 MR-13-A MR-13-B MR-14 MR-15 MR-16 Default Collections Default Collections - Total Collected Default Collections - GA Retention Bankruptcy Collections Late Reporting Interest Total $______________________

Page 4 of 9

GUARANTY AGENCY FINANCIAL REPORT
Guaranty Agency Code: _____ - Guaranty Agency State Name: ______ For Month Of: __/____
ITEM NO. CATEGORY AMOUNT DUE TO/(FROM) GUARANTOR PRINCIPAL AMOUNT

OMB No. 1845-0026 Expiration Date : 02/28/2003
INTEREST AMOUNT OTHER AMOUNTS

Non-Payment Activity
MR-17 MR-18 MR-19 MR-20 MR-21 MR-22 MR-23 MR-24 MR-25 MR-26 MR-27 MR-28 MR-29 MR-30 MR-31 MR-32 MR-33 MR-34 MR-35 MR-36 MR-37 MR-38 MR-39 MR-40 MR-41 MR-42 Treasury Offset Program Treasury Offset Non-Federal Share Offset Treasury Offset Reversals Status Changes - Account Balance at Conversion Default/Lender of Last Resort to Death or Disability Default/Lender of Last Resort to Closed School/ False Certification Default /Lender of last Resort to Bankruptcy Bankruptcy to Default/Lender of Last Resort Agency Accruals Collection Terminations Compromises Agency's Accruals Default FFEL Consolidated by Direct Loan Program Subrogated Loans Default Loans Transferred Out Default Loans Transferred In Other Transactions Affecting Federal Receivables Ending Balance on Defaulted Loans Delinquency by Debt Not Delinquent 1 - 90 days 91 - 180 days 181 - 365 days 1 - 2 years 2 - 6 Years 6 - 10 Years Over 10 Years Bankruptcy Ending Balance on Bankruptcies Bankruptcies Transferred $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

Page 5 of 9

GUARANTY AGENCY FINANCIAL REPORT
Guaranty Agency Code: ______ - Guaranty Agency State Name: ______ Fiscal Year End Date: __/____
ITEM NO.
AR-1 AR-2 AR-3 AR-4 AR-5 AR-6 AR-7 AR-8 AR-9 AR-10 AR-11 AR-12 AR-13 AR-14

OMB No. 1845-0026 Expiration Date: 02/28/2003
CY + 3 PROJECTION CY + 4 PROJECTION CY + 5 PROJECTION

CATEGORY LOANS IN REPAYMENT
Loans Guaranteed (Except Federal Consolidation) All Loans Canceled (Except Federal Consolidation) Federal Consolidation Loans Guaranteed Federal Consolidation All Loans Canceled Uninsured Loans Loans Transferred In Loans Transferred Out Default Claims Paid Bankruptcy Claims Paid Death and Disability Claims Paid Closed School/False Certification Claims Paid Loans Paid in Full Federal Stafford and Unsubsidized Stafford Interim Loans Total Loans in Deferment Prior to First Payment $ $ $ $ $ $ $ $ $ $ $ $ $ $

AMOUNT/ CY ACTUAL

CY + 1 PROJECTION

CY + 2 PROJECTION

Page 6 of 9

GUARANTY AGENCY FINANCIAL REPORT
Guaranty Agency Code: _____ - Guaranty Agency State Name: ______ Fiscal Year End Date: __/____
ITEM NO. CATEGORY FEDERAL FUND
AR-15 AR-16 AR-17 AR-18 AR-19 AR-20 AR-21 AR-22 AR-23 AR-24 AR-25 AR-26 AR-27 Beginning Balance (from 9/30/xx) Investment Income Reinsurance from ED Collections of Defaulted Loans Reinsurance Complement Insurance Premiums Other Revenues Claims Expensed to Lenders Recall of Federal Funds to the Restricted Account Transfer to Operating Fund for Default Aversion Transfer to Operating Fund for Account Maintenance Fee Other Expenses Ending Balance Amount Transferred from Federal Fund To Operating Fund for Operating Expenses (Repayable) Amount Received from Operating Fund to Repay Advance for Operating Expenses $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

OMB No. 1845-0026 Expiration Date : 02/28/2003
CY + 3 PROJECTION CY + 4 PROJECTION CY + 5 PROJECTION

AMOUNT/ CY ACTUAL

CY + 1 PROJECTION

CY + 2 PROJECTION

$ $

$ $

$ $

$ $

$ $

$

$

$

$

$

$

AR-28

$

$

$

$

$

$

OPERATING FUND
AR-29 AR-30 AR-31 AR-32 AR-33 AR-34 Beginning Balance (from 9/30/xx) Default Aversion Fee Revenue Loan Processing and Issuance Fee Revenue Account Maintenance Fee Revenue Received from ED Transfer from Federal Fund for Account Maintenance Fee Collections of Defaulted Loans Less Reinsurance Complement $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

Page 7 of 9

GUARANTY AGENCY FINANCIAL REPORT
Guaranty Agency Code: _____ - Guaranty Agency State Name: ______ Fiscal Year End Date: __/____
ITEM NO.
AR-35 AR-36 AR-37 AR-38 AR-39 AR-40 AR-41 AR-42

OMB No. 1845-0026 Expiration Date : 02/28/2003
CY + 3 PROJECTION
$

CATEGORY
Investment Income Other Revenues (FFEL and Non FFEL) Collections of Defaulted Loans (Secretary's Equitable Share) Operating Expenses Other Expenditures (FFEL &NonFFEL) Ending Balance Amount Received from Federal Fund for Operating Expenses Amount Repaid to Federal Fund For Operating Expenses $

AMOUNT/ CY ACTUAL

CY + 1 PROJECTION
$ $

CY + 2 PROJECTION

CY + 4 PROJECTION
$

CY + 5 PROJECTION
$

$ $ $ $ $ $

$ $ $ $ $ $

$ $ $ $ $ $

$ $ $ $ $ $

$ $ $ $ $ $

$ $ $ $ $ $

RESTRICTED ACCOUNT
AR-43 AR-44 AR-45 AR-46 Beginning Balance (from 9/30/xx) Recall of Federal Funds from Federal Fund Investment Income on Restricted Account Investment Income on Restricted Account Expensed for Default Prevention Ending Balance $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

AR-47

$ $

$ $

$ $

$ $

$ $

$ $

Page 8 of 9

GUARANTY AGENCY FINANCIAL REPORT
Guaranty Agency Code: _____ - Guaranty Agency State Name: ______ Fiscal Year End Date: __/____
ITEM NO. CATEGORY BALANCE SHEET SECTION
AR-48 AR-49 AR-50 AR-51 AR-52 AR-53 Cash, Cash Equivalents and Investments Restricted Account Cash, Cash Equivalents and Investments Net Investment in Property, Plant, Equipment, and Inventory Accounts Receivable from ED Other Assets Accounts Payable, Accrued Expenses and Other Current Liabilities Accounts Payable to ED Other Liabilities Allowances and Other Non-Cash Charges to Federal Fund Federal Fund Balance $ $ $ $ $

OMB No. 1845-0026 Expiration Date : 02/28/2003
CY + 3 PROJECTION CY + 4 PROJECTION CY + 5 PROJECTION

AMOUNT/ CY ACTUAL

CY + 1 PROJECTION

CY + 2 PROJECTION

AR-54 AR-55 AR-56 AR-57

$ $ $ $ $

Page 9 of 9