SLM Corporation's trust student loans are a strategic selection from a consolidation loan portfolio, carefully chosen based on specific criteria.
The criteria encompass guarantees by a guaranty agency under the FFELP, full disbursement, and a clean payment history without delinquencies or bankruptcies.
This analysis is based on information as of November 30, 2025, the statistical disclosure date.
Loan Selection Criteria
The selection of trust student loans is meticulously based on guarantees, disbursement status, and a clean repayment record without delinquencies or bankruptcies, enhancing the loan pool's credit quality.
Loan Characteristics
Insights into the trust student loan pool include details on outstanding principal balances, interest rates, and the number of borrowers, providing key metrics for evaluating the pool's financial performance.
Special Allowance Payments
The weighted average spread for special allowance payments in relation to the 91-day Treasury bill rate and the 30-day SOFR rate offers insights into the pool's profitability and interest rate risk exposure.
- Post-disclosure, changes in weighted average interest rates may occur due to fluctuations in effective rates and principal reductions impacting the pool's revenue streams.
- Variations in the weighted average remaining term to maturity are expected due to prepayments or deferment periods, influencing the pool's cash flows and investor returns.
The detailed analysis sheds light on the strategic composition and characteristics of SLM Corporation's trust student loans, providing essential information for investors to assess credit quality, profitability, and cash flow dynamics.