secwatch.observer — SEC 8-K summary
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Issuer:     SLM Student Loan Trust 2003-7 (—)
CIK:        0001321755
Form:       8-K
Filed at:   2026-06-03T21:00:16+00:00
Accession:  0001140361-26-023901
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1321755/000114036126023901/0001140361-26-023901-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1321755/000114036126023901/ef20075518_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-023901

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