SLM Student Loan Trust 2003-1 releases April 2026 pool data for A-5C note remarketing

SLM Student Loan Trust 2003-1

Pool balance $163.9M (incl. $1.3M accrued interest); 2,840 borrowers; avg balance $57,725.
Weighted avg interest rate 7.41%; weighted avg remaining term 221 months; 85.4% SOFR-based.
Delinquency: 88.3% current, 2.8% >210 days past due; 12.0% in forbearance, 2.4% deferment.
Geographic concentration: CA 12.9%, TX 10.2%, FL 7.1%; guaranty agency Great Lakes 54.8%.
Income-driven repayment 44.8% of pool; 80.1% in repayment >3 years.

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