SLM Student Loan Trust 2003-7 pool: $198.5M principal, 4,837 borrowers, 90.1% current

SLM Student Loan Trust 2003-7

Aggregate outstanding principal balance $198.5M; 4,837 borrowers, average $41,036 per borrower.
Weighted average interest rate 6.23%, weighted average remaining term to scheduled maturity 191 months.
90.1% of loans current (0-30 days delinquent); 1.9% >210 days delinquent.
Great Lakes Higher Education Corp guarantees 74.5% of pool; Texas Guaranteed 9.8%.
84.87% of pool indexed to 30-day average SOFR, 15.13% to 91-day T-bill.

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