Slm Corporation · NASDAQ:SLM
Slm — Debt Investor Presentation (April 2011)
13 slides from Slm's debt investor presentation, Apr 1, 2011
Slide 1: Periodic Default Percentages For Certain Private Education Loans
SLM Corporation Periodic Default Percentages For Certain Private Education Loans March 2011 March 2011
Slide 2: Forward-Looking Statements
Forward-Looking Statements The following information is current as of March 31, 2011 (unless otherwise noted) and should be read in connection with SLM Corporation's 2010 Annual Report on Form 10-K (the "2010 Form 10-K"). Our actual results may differ materially from those included in these forward-
Slide 3: Cohort default triangles: loan criteria and program types
The following cohort default triangles provide loan performance information for certain private education loans of SLM Corporation and its consolidated subsidiaries that meet such subsidiaries' current securitization criteria (including those criteria listed below): Program types include Undergradua
Slide 4: Cohort default triangle segmentation and term definitions
The cohort default triangles featured on subsequent slides are segmented by loan program type, FICO score, co-borrower status, and school type Terms and calculations used in the cohort default triangles are defined below: Repayment Year - The calendar year loans entered repayment Disbursed Principal
Slide 5: Cohort Default Triangles: Undergraduate/Graduate
COHORT DEFAULT TRIANGLES Note: Data as of 12/31/10. Undergraduate/Graduate loans marketed under the Signature Student Loan brand. Periodic Defaults for the most recent calendar Year in Repayment are for a partial year. Numerator is the amount of principal in each cohort that defaulted in each Year i
Slide 6: Undergraduate/Graduate Without and With Co-signer
Undergraduate/Graduate(1) Without Co-signer Undergraduate/Graduate(1) With Co-signer 6 COHORT DEFAULT TRIANGLES Note: Data as of 12/31/10. Undergraduate/Graduate loans marketed under the Signature Student Loan brand. Periodic Defaults for the most recent calendar Year in Repayment are for a partial
Slide 7: Undergraduate/Graduate Non-Profit and For-Profit
7 COHORT DEFAULT TRIANGLES Note: Data as of 12/31/10. Undergraduate/Graduate loans marketed under the Signature Student Loan brand. Periodic Defaults for the most recent calendar Year in Repayment are for a partial year. Numerator is the amount of principal in each cohort that defaulted in each Year
Slide 8: Undergraduate/Graduate Loans, FICO 740-850 and 700-739
Undergraduate/Graduate(1) Loans, FICO 740-850(2) Undergraduate/Graduate(1) Loans, FICO 700-739(2) 8 COHORT DEFAULT TRIANGLES Note: Data as of 12/31/10. Undergraduate/Graduate loans marketed under the Signature Student Loan brand. FICO scores are based on the greater of the borrower and co-borrower s
Slide 9: Undergraduate/Graduate Loans, FICO 670-699 and 640-669
9 COHORT DEFAULT TRIANGLES Note: Data as of 12/31/10. Undergraduate/Graduate loans marketed under the Signature Student Loan brand. FICO scores are based on the greater of the borrower and co-borrower scores as of a date near the loan application. Periodic Defaults for the most recent calendar Year
Slide 10: DTC With and Without Co-signer, FICO 670+
10 COHORT DEFAULT TRIANGLES Note: Data as of 12/31/10. FICO scores are based on the greater of the borrower and co-borrower scores as of a date near the loan application. Periodic Defaults for the most recent calendar Year in Repayment are for a partial year. Numerator is the amount of principal in
Slide 11: All Career Training and Tutorial Loans, 670+ FICO
11 COHORT DEFAULT TRIANGLES Note: Data as of 12/31/10. FICO scores are based on the greater of the borrower and co-borrower scores as of a date near the loan application. Periodic Defaults for the most recent calendar Year in Repayment are for a partial year. Numerator is the amount of principal in
Slide 12: Recoveries
Recoveries 12 As of year end 2010, Sallie Mae expected to collect 27 percent of a defaulted loan's balance, on average, across its managed private education loan portfolio Recoveries are typically realized over many years as a result of the prevalent use of long-term payment plans While student loan
Slide 13: Additional Information Available at www.salliemae.com
Additional Information Available at www.salliemae.com 13