other_material
confidence high
sentiment neutral
materiality 0.25
SLM Student Loan Trust 2003-1 furnishes remarketing memo for Class A-5C notes, pool data as of April 30, 2025
SLM Student Loan Trust 2003-1
- Pool aggregate outstanding principal balance $184.5M across 3,366 borrowers and 5,883 loans.
- Weighted average borrower interest rate 7.41%; weighted average remaining term 214 months.
- 86.7% of loans current (0–30 days delinquent); 2.1% >210 days delinquent.
- Remarketing of Class A-5C Reset Rate Notes; memorandum distributed to qualified institutional buyers.
- Great Lakes Higher Education Corp. guarantees 53.5% of pool; Pennsylvania HEA 12.3%; Texas Guaranteed 15.7%.
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