<table>
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<col style="width: 22%" />
</colgroup>
<tbody>
<tr class="odd">
<td></td>
<td colspan="3"><img src="media/image1.jpeg"
style="width:0.51944in;height:0.51944in" /></td>
<td colspan="8"><p id="u.s.-department-of-education"
class="heading">U.S. DEPARTMENT OF EDUCATION</p>
<p><strong>Federal Family Education Loan Program</strong></p></td>
<td><p id="omb-no-1845-0013" class="heading">OMB NO: 1845-0013</p>
<p id="expiration-date-10-31-2007" class="heading">Expiration Date:
10-31-2007 </p>
<p><strong>Previous Versions Obsolete</strong></p></td>
</tr>
<tr class="even">
<td></td>
<td colspan="11"> </td>
<td><h3 id="page-1">PAGE 1</h3></td>
</tr>
<tr class="odd">
<td></td>
<td colspan="11"><h2
id="lenders-interest-and-special-allowance-request-and-report-lars799">LENDER’S
INTEREST AND SPECIAL ALLOWANCE REQUEST AND REPORT – (LaRS/799)</h2></td>
<td><em><strong>Read instructions for each part<br />
before completing this form.</strong></em></td>
</tr>
<tr class="even">
<td></td>
<td colspan="11"></td>
<td></td>
</tr>
<tr class="odd">
<td></td>
<td colspan="5"><p id="identification-and-certification"
class="heading">IDENTIFICATION AND CERTIFICATION</p></td>
<td></td>
<td colspan="6"></td>
</tr>
<tr class="even">
<td></td>
<td colspan="5"></td>
<td></td>
<td colspan="6"><strong>CERTIFICATION</strong></td>
</tr>
<tr class="odd">
<td></td>
<td>1.</td>
<td colspan="4">Lender Identification Number (LID), Lender Name:</td>
<td></td>
<td colspan="6" rowspan="3"><p><strong>As an eligible Lender, Servicer,
or Eligible Lender Trustee in the Federal Family Education Loan Program
(FFELP) that submits the Lender Reporting System report (LaRS), I
certify, by my signature below that:</strong></p>
<p><strong>The data that my organization or its agent, or its
third-party servicer, will submit to the U.S. Department of Education is
correct to the best of my knowledge and belief. I certify that it
conforms to the laws, regulations, and policies applicable to the
Federal Family Education loan Program. I understand that all documents,
files, accounts and records supporting this data are subject to audit or
review by the Secretary of Education or other authorized representatives
of the United States Government, and I agree to make all such documents,
files, accounts and records available to the Secretary or such
authorized representatives without restriction.</strong></p></td>
</tr>
<tr class="even">
<td></td>
<td>2.</td>
<td colspan="4">Servicer Identification Number, Servicer Name (if
applicable):</td>
<td></td>
</tr>
<tr class="odd">
<td></td>
<td rowspan="5">3.</td>
<td colspan="4">Year and Quarter Ending (Complete both
fields):<strong><br />
</strong></td>
<td></td>
</tr>
<tr class="even">
<td></td>
<td colspan="3" rowspan="2">YEAR</td>
<td rowspan="2"><p><strong>1</strong> [ <strong> </strong> ] March
31</p>
<p><strong>2</strong> [ <strong> </strong> ] June 30</p>
<p><strong>3</strong> [ <strong> </strong> ] September 30</p>
<p><strong>4</strong> [ <strong> </strong> ] December 31</p></td>
<td rowspan="2"></td>
<td>4.</td>
<td colspan="2">Signature</td>
<td colspan="3"><h2 id="section"></h2></td>
</tr>
<tr class="odd">
<td></td>
<td>5.</td>
<td colspan="2">Date</td>
<td colspan="3"><h2 id="section-1"></h2></td>
</tr>
<tr class="even">
<td></td>
<td colspan="4" rowspan="2"><p><em><strong>Mail completed form
to:</strong></em></p>
<p>U.S. Department of Education</p>
<p>Post Office Box 2768</p>
<p>Washington, D.C. 20013-2768</p></td>
<td rowspan="2"></td>
<td>6.</td>
<td colspan="3"><h2 id="typed-name-and-title">Typed Name and
Title</h2></td>
<td colspan="2"><h2 id="section-2"></h2></td>
</tr>
<tr class="odd">
<td></td>
<td></td>
<td colspan="5"><h2 id="section-3"></h2></td>
</tr>
<tr class="even">
<td></td>
<td colspan="2"></td>
<td colspan="3"></td>
<td></td>
<td colspan="2"><h2 id="section-4"></h2></td>
<td colspan="4"><h2 id="section-5"></h2></td>
</tr>
<tr class="odd">
<td></td>
<td colspan="12"><strong>WARNING: Any person who submits false or
inaccurate data may be subject to civil action and/or criminal penalties
under the laws of the United States. Any person who knowingly and
willfully destroys or conceals any record(s) relating to the provision
of assistance under Title IV of the Higher Education Act of 1965, as
amended, or attempts to so destroy or conceal with intent to defraud the
United States or to prevent the United States from enforcing any right
obtained by subrogation under Part B of Title IV, shall upon conviction
thereof, be fined not more than $20,000, or imprisoned not more than 5
years, or both, under the provisions of 20 U.S.C 1097.</strong></td>
</tr>
<tr class="even">
<td></td>
<td colspan="12"></td>
</tr>
<tr class="odd">
<td colspan="13"><strong>REPORTING BURDEN:</strong> According to the
Paperwork Reduction Act of 1995, no persons are required to respond to a
collection of information unless such collection displays a valid OMB
control number. The valid OMB control number for this information
collection is 1845-0013. The time required to complete this information
collection is estimated to average 3.75 hours per response, including
the time to review instructions, search existing data sources, gather
the data needed, and complete and review the information collection.
<strong>If you have any comments concerning<br />
the accuracy of the time estimate(s) or suggestions for improving this
form, please write directly to:</strong> U.S. Department of Education,
Washington, DC 20202-5449. <strong>If you have any comments or concerns
regarding the status of your individual submission of this form, write
directly to:</strong> Financial Management, Lender Reporting, Post
Office Box 2768, Washington, D.C. 20013-2768.</td>
</tr>
</tbody>
</table>

<table>
<colgroup>
<col style="width: 3%" />
<col style="width: 3%" />
<col style="width: 13%" />
<col style="width: 20%" />
<col style="width: 20%" />
<col style="width: 16%" />
<col style="width: 3%" />
<col style="width: 0%" />
<col style="width: 4%" />
<col style="width: 5%" />
<col style="width: 5%" />
<col style="width: 5%" />
</colgroup>
<tbody>
<tr class="odd">
<td colspan="2"><img src="media/image1.jpeg"
style="width:0.51944in;height:0.51944in" /></td>
<td colspan="7"><h4
id="lenders-interest-and-special-allowance-request-and-report-lars799-1">LENDER’S
INTEREST AND SPECIAL ALLOWANCE REQUEST AND REPORT (LaRS/799)</h4></td>
<td colspan="3"><p id="omb-no-1845-0013-1" class="heading">OMB NO:
1845-0013</p>
<p id="expiration-date-10-31-2007-1" class="heading">Expiration Date:
10-31-2007</p>
<p id="previous-versions-obsolete" class="heading">Previous Versions
Obsolete</p></td>
</tr>
<tr class="even">
<td colspan="2"></td>
<td colspan="4"></td>
<td>LID:</td>
<td colspan="3"><blockquote>
<p><strong>     </strong></p>
</blockquote></td>
<td><blockquote>
<p>PAGE</p>
</blockquote></td>
<td><blockquote>
<p><strong>  </strong></p>
</blockquote></td>
</tr>
<tr class="odd">
<td colspan="2"></td>
<td colspan="7"></td>
<td colspan="3"></td>
</tr>
<tr class="even">
<td colspan="12"><h5
id="part-i-loan-origination-and-lender-loan-fees">PART I – Loan
Origination and Lender Loan Fees</h5></td>
</tr>
<tr class="odd">
<td colspan="3">Loan<br />
Type<br />
(A)</td>
<td>Fee<br />
Code<br />
(B)</td>
<td>Fee<br />
Percent<br />
(C)</td>
<td colspan="3">Loan<br />
Interest Rate<br />
(D)</td>
<td colspan="4">Principal<br />
Amount of Loans<br />
(E)</td>
</tr>
<tr class="even">
<td colspan="3"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="3"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="3"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="3"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="3"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="3"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="3"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="3"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="3"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="3"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="3"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="3"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="3"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="3"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td></td>
<td colspan="11">Check here if submitting additional pages for Part
I</td>
</tr>
</tbody>
</table>

<table>
<colgroup>
<col style="width: 3%" />
<col style="width: 3%" />
<col style="width: 1%" />
<col style="width: 2%" />
<col style="width: 5%" />
<col style="width: 4%" />
<col style="width: 2%" />
<col style="width: 7%" />
<col style="width: 0%" />
<col style="width: 7%" />
<col style="width: 7%" />
<col style="width: 3%" />
<col style="width: 3%" />
<col style="width: 6%" />
<col style="width: 4%" />
<col style="width: 5%" />
<col style="width: 6%" />
<col style="width: 1%" />
<col style="width: 1%" />
<col style="width: 4%" />
<col style="width: 0%" />
<col style="width: 6%" />
<col style="width: 5%" />
<col style="width: 5%" />
</colgroup>
<tbody>
<tr class="odd">
<td colspan="2"><img src="media/image1.jpeg"
style="width:0.51944in;height:0.51944in" /></td>
<td colspan="19"><h4
id="lenders-interest-and-special-allowance-request-and-report-lars799-2">LENDER’S
INTEREST AND SPECIAL ALLOWANCE REQUEST AND REPORT (LaRS/799)</h4></td>
<td colspan="3"><p id="omb-no-1845-0013-2" class="heading">OMB NO:
1845-0013</p>
<p id="expiration-date-10-31-2006" class="heading">Expiration Date:
10-31-2006</p>
<p id="previous-versions-obsolete-1" class="heading">Previous Versions
Obsolete</p></td>
</tr>
<tr class="even">
<td colspan="2"></td>
<td colspan="15"></td>
<td colspan="2">LID:</td>
<td colspan="3"><blockquote>
<p><strong>     </strong></p>
</blockquote></td>
<td><blockquote>
<p>PAGE</p>
</blockquote></td>
<td><blockquote>
<p><strong>  </strong></p>
</blockquote></td>
</tr>
<tr class="odd">
<td colspan="2"></td>
<td colspan="19"></td>
<td colspan="3"></td>
</tr>
<tr class="even">
<td colspan="24"><h5 id="part-ii-interest-benefits">PART II – Interest
Benefits</h5></td>
</tr>
<tr class="odd">
<td colspan="4">Loan<br />
Type<br />
<strong>(A)</strong></td>
<td colspan="2">Interest<br />
Rate<br />
<strong>(B)</strong></td>
<td colspan="2">Billing<br />
Code<br />
<strong>(C)</strong></td>
<td colspan="5">Ending<br />
Principal Balance<br />
<strong>(D)</strong></td>
<td colspan="5">Average Daily<br />
Principal Balance<br />
<strong>(E)</strong></td>
<td colspan="6">Interest<br />
Amount (Use only for Adjustments)<br />
<strong>(F)</strong></td>
</tr>
<tr class="even">
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="5"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
</tr>
<tr class="even">
<td></td>
<td colspan="23">Check here if submitting additional pages for Part
II</td>
</tr>
<tr class="odd">
<td colspan="2"><img src="media/image1.jpeg"
style="width:0.51944in;height:0.51944in" /></td>
<td colspan="19"><h4
id="lenders-interest-and-special-allowance-request-and-report-lars799-3">LENDER’S
INTEREST AND SPECIAL ALLOWANCE REQUEST AND REPORT (LaRS/799)</h4></td>
<td colspan="3"><p id="omb-no-1845-0013-3" class="heading">OMB NO:
1845-0013</p>
<p id="expiration-date-10-31-2007-2" class="heading">Expiration Date:
10-31-2007</p>
<p id="previous-versions-obsolete-2" class="heading">Previous Versions
Obsolete</p></td>
</tr>
<tr class="even">
<td colspan="2"></td>
<td colspan="15"></td>
<td colspan="2">LID:</td>
<td colspan="3"><blockquote>
<p><strong>     </strong></p>
</blockquote></td>
<td><blockquote>
<p>PAGE</p>
</blockquote></td>
<td><blockquote>
<p><strong>  </strong></p>
</blockquote></td>
</tr>
<tr class="odd">
<td colspan="2"></td>
<td colspan="19"></td>
<td colspan="3"></td>
</tr>
<tr class="even">
<td colspan="24"><h5 id="part-iii-special-allowance">PART III – Special
Allowance</h5></td>
</tr>
<tr class="odd">
<td colspan="3">Billing Code <strong>(A)</strong></td>
<td colspan="2">Calendar<br />
Year<br />
<strong>(B)</strong></td>
<td colspan="2">Quarter<br />
Code<br />
<strong>(C)</strong></td>
<td colspan="2">Loan<br />
Type<br />
<strong>(D)</strong></td>
<td><p>Special Allowance Category <strong>(E)</strong></p>
<p>(D)</p></td>
<td>Interest<br />
Rate<br />
<strong>(F)</strong></td>
<td colspan="4">Ending<br />
Principal Balance<br />
<strong>(G)</strong></td>
<td colspan="6">Average Daily<br />
Principal Balance<br />
<strong>(H)</strong></td>
<td colspan="3">Adjustments for<br />
Difference in Average<br />
Daily Principal Balance<br />
<strong>(I)</strong></td>
</tr>
<tr class="even">
<td colspan="3"><strong>    </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="3"><strong>    </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="3"><strong>    </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="3"><strong>    </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="3"><strong>    </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="3"><strong>    </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="3"><strong>    </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="3"><strong>    </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="3"><strong>    </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="3"><strong>    </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="3"><strong>    </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="3"><strong>    </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="3"><strong>    </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="3"><strong>    </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
</tr>
<tr class="even">
<td colspan="3"><strong>    </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td><strong>     </strong></td>
<td><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="6"><strong>     </strong></td>
<td colspan="3"><strong>     </strong></td>
</tr>
<tr class="odd">
<td></td>
<td colspan="23">Check here if submitting additional pages for Part
III</td>
</tr>
<tr class="even">
<td></td>
<td colspan="23"></td>
</tr>
<tr class="odd">
<td colspan="2"><img src="media/image1.jpeg"
style="width:0.51944in;height:0.51944in" /></td>
<td colspan="19"><h4
id="lenders-interest-and-special-allowance-request-and-report-lars799-4">LENDER’S
INTEREST AND SPECIAL ALLOWANCE REQUEST AND REPORT (LaRS/799)</h4></td>
<td colspan="3"><p id="omb-no-1845-0013-4" class="heading">OMB NO:
1845-0013</p>
<p id="expiration-date-10-31-2007-3" class="heading">Expiration Date:
10-31-2007</p>
<p id="previous-versions-obsolete-3" class="heading">Previous Versions
Obsolete</p></td>
</tr>
<tr class="even">
<td colspan="2"></td>
<td colspan="15"></td>
<td colspan="2">LID:</td>
<td colspan="3"><blockquote>
<p><strong>     </strong></p>
</blockquote></td>
<td><blockquote>
<p>PAGE</p>
</blockquote></td>
<td><blockquote>
<p><strong>  </strong></p>
</blockquote></td>
</tr>
<tr class="odd">
<td colspan="2"></td>
<td colspan="19"></td>
<td colspan="3"></td>
</tr>
<tr class="even">
<td colspan="24"><h5 id="part-iv-loan-activity">PART IV: Loan
Activity</h5></td>
</tr>
<tr class="odd">
<td colspan="8"></td>
<td colspan="4">FEDERAL STAFFORD &amp; FISL<br />
(Except Unsubsidized)<br />
<strong>(A)</strong></td>
<td colspan="2">FEDERAL<br />
PLUS<br />
<strong>(B)</strong></td>
<td colspan="2">FEDERAL<br />
SLS<br />
<strong>(C)</strong></td>
<td colspan="4">FEDERAL<br />
CONSOLIDATION<br />
<strong>(D)</strong></td>
<td colspan="4">FEDERAL UNSUBSIDIZED<br />
STAFFORD<br />
<strong>(E)</strong></td>
</tr>
<tr class="even">
<td></td>
<td colspan="7"><ol type="1">
<li><p>Beginning Principal Balance</p></li>
</ol></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td></td>
<td colspan="7"><ol start="2" type="1">
<li><p>Loan Principal Disbursed</p></li>
</ol></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td></td>
<td colspan="7"><ol start="3" type="1">
<li><p>Interest Capitalized or<br />
Other Principal Increases</p></li>
</ol></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td></td>
<td colspan="7"><ol start="4" type="1">
<li><p>Principal of Loans Purchased</p></li>
</ol></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td></td>
<td colspan="7"><ol start="5" type="1">
<li><p>Principal of Loans Cured</p></li>
</ol></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td></td>
<td colspan="7"><ol start="6" type="1">
<li><p>Principal of Loans Sold</p></li>
</ol></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td></td>
<td colspan="7"><ol start="7" type="1">
<li><p>Principal Paid by Insurance Claims</p></li>
</ol></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td></td>
<td colspan="7"><ol start="8" type="1">
<li><p>Principal of Loans on Which<br />
the Guarantee Was Voided</p></li>
</ol></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td></td>
<td colspan="7"><ol start="9" type="1">
<li><p>Principal Paid by Borrowers<br />
and Other Principal Reductions</p></li>
</ol></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td colspan="24"></td>
</tr>
<tr class="even">
<td colspan="2"><img src="media/image1.jpeg"
style="width:0.51944in;height:0.51944in" /></td>
<td colspan="19"><h4
id="lenders-interest-and-special-allowance-request-and-report-lars799-5">LENDER’S
INTEREST AND SPECIAL ALLOWANCE REQUEST AND REPORT (LaRS/799)</h4></td>
<td colspan="3"><p id="omb-no-1845-0013-5" class="heading">OMB NO:
1845-0013</p>
<p id="expiration-date-10-31-2007-4" class="heading">Expiration Date:
10-31-2007</p>
<p id="previous-versions-obsolete-4" class="heading">Previous Versions
Obsolete</p></td>
</tr>
<tr class="odd">
<td colspan="2"></td>
<td colspan="15"></td>
<td colspan="2">LID:</td>
<td colspan="3"><blockquote>
<p><strong>     </strong></p>
</blockquote></td>
<td><blockquote>
<p>PAGE</p>
</blockquote></td>
<td><blockquote>
<p><strong>  </strong></p>
</blockquote></td>
</tr>
<tr class="even">
<td colspan="2"></td>
<td colspan="19"></td>
<td colspan="3"></td>
</tr>
<tr class="odd">
<td colspan="24"><h5 id="part-v-loan-portfolio-status">PART V – Loan
Portfolio Status</h5></td>
</tr>
<tr class="even">
<td colspan="8"></td>
<td colspan="4">FEDERAL STAFFORD &amp; FISL<br />
(Except Unsubsidized)<br />
<strong>(A)</strong></td>
<td colspan="2">FEDERAL<br />
PLUS<br />
<strong>(B)</strong></td>
<td colspan="2">FEDERAL<br />
SLS<br />
<strong>(C)</strong></td>
<td colspan="4">FEDERAL<br />
CONSOLIDATION<br />
<strong>(D)</strong></td>
<td colspan="4">FEDERAL UNSUBSIDIZED<br />
STAFFORD<br />
<strong>(E)</strong></td>
</tr>
<tr class="odd">
<td><blockquote>
<p>1.</p>
</blockquote></td>
<td colspan="7"><blockquote>
<p>Loans in School and in Grace</p>
</blockquote></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>                    </strong></td>
<td colspan="2"><strong>                    </strong></td>
<td colspan="4"><strong>                           </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td><blockquote>
<p>2.</p>
</blockquote></td>
<td colspan="7"><blockquote>
<p>Loans in Authorized Deferment</p>
</blockquote></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td><blockquote>
<p>3.</p>
</blockquote></td>
<td colspan="7"><h6 id="loans-in-repayment-or-forbearance">Loans in
Repayment or Forbearance:</h6>
<h6 id="a.-current-or-less-than-31-days-past-due">a. Current or less
than<br />
31 days past due</h6></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td></td>
<td colspan="7"><blockquote>
<p>b. 31-60 days past due</p>
</blockquote></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td></td>
<td colspan="7"><blockquote>
<p>c. 61-90 days past due</p>
</blockquote></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td></td>
<td colspan="7"><blockquote>
<p>d. 91-120 days past due</p>
</blockquote></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td></td>
<td colspan="7"><blockquote>
<p>e. 121-180 days past due</p>
</blockquote></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td></td>
<td colspan="7"><blockquote>
<p>f. 181-270 days past due</p>
</blockquote></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td></td>
<td colspan="7"><blockquote>
<p>g. 271 days or more past due</p>
</blockquote></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="even">
<td></td>
<td colspan="7"><blockquote>
<p>h. Claims filed, but not yet paid,<br />
and not listed above</p>
</blockquote></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
<tr class="odd">
<td></td>
<td colspan="7"></td>
<td colspan="4"></td>
<td colspan="2"></td>
<td colspan="2"></td>
<td colspan="4"></td>
<td colspan="4"></td>
</tr>
<tr class="even">
<td><blockquote>
<p>4.</p>
</blockquote></td>
<td colspan="7"><blockquote>
<p>Ending Principal Balance</p>
</blockquote></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="2"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
<td colspan="4"><strong>     </strong></td>
</tr>
</tbody>
</table>

**General Instructions**

**What is the Lender's Interest & Special Allowance Request and Report
(LaRS)?**

The LaRS form is used by the U.S. Department of Education (ED) to
calculate interest subsidies and special allowance payments due to the
lending institution, to calculate origination fees and Lender loan fees
owed to ED, and to obtain information on your portfolio under the
Federal Family Education Loan Program.

**Who should complete this form?**

A lending institution that originates loans must submit this form to
report fees due to ED. The lending institution must also submit this
form each quarter to receive interest and special allowance payments.
***The form must be submitted within 90 days of the quarter's end to be
considered timely.***

**What help is available?**

Help can be obtained by calling Federal Student Aid (FSA) at 202
377-3322, 202 377-3324- or by e-mail at FSA_LR@ed.gov.

The Entire form must be completed.

Failure to complete all sections of the LaRS form will result in the
rejection of the entire form.

**Are there any other helpful hints?**

1.  It is important to put your LID on the top of each page.

2.  Number the pages sequentially using the space provided.

3.  If additional space is needed for Parts I, II, or III, make
    additional copies, and check the block at the bottom of each page to
    indicate that additional pages are being submitted.

4.  Unless otherwise stated, calculate each monetary amount to the
    nearest cent, round to the nearest dollar, and enter the amount on
    the form.

5.  [Sign and date]{.underline} the form, and send it to the address
    shown on the first page.

    **LaRS Instructions**

    **Page 1**

  --- ------------------- -----------------------------------------------
  1   Lender ID, Lender   The Lender Identification Number (LID) is a
      Name                6-digit code assigned by ED to identify each
                          participant in the FFEL program. Provide the
                          full, legal name of your institution.

  2   Servicer ID,        The Servicer Identification Number is a 6-digit
      Servicer Name       code assigned by ED to identify each
                          participant in the FFEL program. Provide the
                          full, legal name of the servicing institution
                          (if applicable).

  3   Year and Quarter    Provide the calendar year and associated
      Ending              quarter ending date covered by this form.

  4   Signature           Read the certification statement and sign the
                          form in ink. Forms signed with signature stamps
                          and unsigned forms will be rejected and
                          returned to you.

  5   Date                Enter the date the LaRS form is signed.

  6   Typed Name and      Type or Print the name and title of the
      Title               official signing the form.
  --- ------------------- -----------------------------------------------

**LaRS Instructions**

**Part I -- Loan Origination and Lender Loan Fees**

This section is divided into 5 columns. Make separate line entries for
each unique combination of Loan Type, Fee Code, Fee Percent, and Loan
Interest Rate. For each line, if any column is completed, all columns
for that line must be completed. If you do not have anything to report,
please indicate this by inserting zeros in the first line. Report
adjustments to previous quarters only if applicable. If additional space
is needed, make a copy of the blank page and check the block at the
bottom of each page.

**Applicability:** Most FFEL Program loans are subject to a loan
origination fee, which is a percentage of the loan principal and is
deducted proportionately from each loan disbursement. The fee depends on
the period of enrollment covered by the loan.

+---+-----------------+--------------------------------------------------+
| A | Loan Type       | Provide the 2-letter code of the loan type being |
|   |                 | reported:                                        |
|   |                 |                                                  |
|   |                 | **SF** - Federal Stafford (except Unsubsidized   |
|   |                 | Stafford)                                        |
|   |                 |                                                  |
|   |                 | **SL** - Federal Supplemental Loans for Students |
|   |                 | (SLS)                                            |
|   |                 |                                                  |
|   |                 | **PL** - Federal PLUS Loans                      |
|   |                 |                                                  |
|   |                 | **CL** - Federal Consolidation Loans             |
|   |                 |                                                  |
|   |                 | **SU** - Unsubsidized Stafford Loans             |
+---+-----------------+--------------------------------------------------+
| B | Fee Code        | Provide the code for the period and type of loan |
|   |                 | activity being reported:                         |
|   |                 |                                                  |
|   |                 | **Origination fees for current quarter:**        |
|   |                 |                                                  |
|   |                 | **FN** - **[N]{.underline}**ew Loans you have    |
|   |                 | made (including those then sold) in the quarter  |
|   |                 | covered by this form if you owe the origination  |
|   |                 | fees                                             |
|   |                 |                                                  |
|   |                 | **FS** - Loans you made and                      |
|   |                 | **[s]{.underline}**old in the quarter covered by |
|   |                 | this form if the purchaser owes the origination  |
|   |                 | fees                                             |
|   |                 |                                                  |
|   |                 | **FB** - Loans you **[b]{.underline}**ought from |
|   |                 | another Lender in the quarter covered by this    |
|   |                 | form, if you owe the origination fees            |
|   |                 |                                                  |
|   |                 | Origination fee adjustments to previously        |
|   |                 | reported quarters:                               |
|   |                 |                                                  |
|   |                 | **FI** - Net **[i]{.underline}**ncrease in loans |
|   |                 | you made or bought as reported for a previous    |
|   |                 | quarter, if you owe the origination fees         |
|   |                 |                                                  |
|   |                 | **FD** - Net **[d]{.underline}**ecrease in loans |
|   |                 | you made or bought as reported for a previous    |
|   |                 | quarter, if the fees are to be credited to you   |
|   |                 |                                                  |
|   |                 | **Lender Loan fees for current quarter:**        |
|   |                 |                                                  |
|   |                 | **LN** - **[N]{.underline}**ew loans you have    |
|   |                 | made (including those then sold) in the quarter  |
|   |                 | covered by this form, if you owe the Lender loan |
|   |                 | fees                                             |
|   |                 |                                                  |
|   |                 | **LS** - Loans you made and                      |
|   |                 | **[s]{.underline}**old in the quarter covered by |
|   |                 | this form, if the purchaser owes the Lender loan |
|   |                 | fees                                             |
|   |                 |                                                  |
|   |                 | **LB** - Loans you **[b]{.underline}**ought from |
|   |                 | another Lender in the quarter covered by this    |
|   |                 | form, if you owe the Lender loan fees            |
|   |                 |                                                  |
|   |                 | **Lender fee adjustment to previously reported   |
|   |                 | quarters:**                                      |
|   |                 |                                                  |
|   |                 | **LI** - Net **[i]{.underline}**ncrease in loans |
|   |                 | you made or bought as reported for a previous    |
|   |                 | quarter, if you owe the Lender fees              |
|   |                 |                                                  |
|   |                 | **LD** - Net **[d]{.underline}**ecrease in loans |
|   |                 | you made or bought as reported for a previous    |
|   |                 | quarter, if the fees are to be credited to you   |
|   |                 |                                                  |
|   |                 | Separate entries must be made for origination    |
|   |                 | fees and for Lender fees. For lines containing   |
|   |                 | the codes FN, FB, FI, LN, LB and LI, ED will     |
|   |                 | charge you the fee. For lines containing the     |
|   |                 | codes FD and LD, you will receive credit toward  |
|   |                 | fees due. Use the current quarter codes only for |
|   |                 | loans made, bought or sold in the quarter        |
|   |                 | covered by this form.                            |
|   |                 |                                                  |
|   |                 | If a loan transaction occurred in the current    |
|   |                 | quarter and an adjustment was made to it in the  |
|   |                 | same quarter, only report the net result. Do not |
|   |                 | report the original action and the adjustment    |
|   |                 | separately. Include all loans, which can be      |
|   |                 | classified under the same loan type, the same    |
|   |                 | adjustment fee code, the same fee percent, and   |
|   |                 | the same loan interest rate in one line item.    |
|   |                 | When using an adjustment code, report the sum of |
|   |                 | all activity for loans made in all prior         |
|   |                 | quarters. [Do not]{.underline} make separate     |
|   |                 | entries for each separate prior quarter.         |
+---+-----------------+--------------------------------------------------+
| C | Fee Percent     | Provide the percentage (as a decimal) of the     |
|   |                 | loan used to determine the fee                   |
|   |                 |                                                  |
|   |                 | -   Loans [first disbursed on or after July 1,   |
|   |                 |     2006]{.underline} for periods of enrollment  |
|   |                 |     that either include that date or begin after |
|   |                 |     that date:                                   |
|   |                 |                                                  |
|   |                 |     -   Federal Stafford and Unsubsidized        |
|   |                 |         Stafford fees are 0.02                   |
|   |                 |                                                  |
|   |                 |     -   Federal PLUS fees are 0.03               |
|   |                 |                                                  |
|   |                 | -   Loans first [disbursed on or after July 1,   |
|   |                 |     1994 through June 30, 2006]{.underline} for  |
|   |                 |     periods of enrollment that either include    |
|   |                 |     that date or begin after that date:          |
|   |                 |                                                  |
|   |                 | ```{=html}                                       |
|   |                 | <!-- -->                                         |
|   |                 | ```                                              |
|   |                 | -   Federal Stafford, PLUS and Unsubsidized      |
|   |                 |     Stafford fees are 0.03                       |
|   |                 |                                                  |
|   |                 | ```{=html}                                       |
|   |                 | <!-- -->                                         |
|   |                 | ```                                              |
|   |                 | -   Loans [first disbursed on or after July 1,   |
|   |                 |     1994]{.underline} for period of enrollment   |
|   |                 |     that begin *before that date and include     |
|   |                 |     that date:*                                  |
|   |                 |                                                  |
|   |                 | ```{=html}                                       |
|   |                 | <!-- -->                                         |
|   |                 | ```                                              |
|   |                 | -   Federal SLS loans certified before July 1,   |
|   |                 |     1994 is 0.03                                 |
|   |                 |                                                  |
|   |                 | ```{=html}                                       |
|   |                 | <!-- -->                                         |
|   |                 | ```                                              |
|   |                 | -   Period of enrollment beginning before July   |
|   |                 |     1, 1994 and disbursed prior to that date:    |
|   |                 |                                                  |
|   |                 | ```{=html}                                       |
|   |                 | <!-- -->                                         |
|   |                 | ```                                              |
|   |                 | -   Federal Stafford, Federal SLS and Federal    |
|   |                 |     PLUS fee is 0.05                             |
|   |                 |                                                  |
|   |                 | -   Unsubsidized Stafford combined origination   |
|   |                 |     fee/insurance premium is 0.065               |
|   |                 |                                                  |
|   |                 | All FFEL Program loans made on or after October  |
|   |                 | 1, 1993, are subject to a **Lender loan fee,**   |
|   |                 | which is ½% or **.005** of the loan principal    |
|   |                 | and is charged proportionately against each loan |
|   |                 | disbursement.                                    |
+---+-----------------+--------------------------------------------------+
| D | Loan Interest   | Provide the applicable interest rate (as a       |
|   | Rate            | decimal) of each group of loans.                 |
|   |                 |                                                  |
|   |                 | -   Use **".068"** for Federal Stafford and      |
|   |                 |     Unsubsidized Stafford loans disbursed on or  |
|   |                 |     after 7/1/2006.                              |
|   |                 |                                                  |
|   |                 | -   Use ".**085"** for Federal PLUS loans        |
|   |                 |     disbursed on or after 7/1/2006.              |
|   |                 |                                                  |
|   |                 | ```{=html}                                       |
|   |                 | <!-- -->                                         |
|   |                 | ```                                              |
|   |                 | -   Use **\"EVAR\"** for Federal Stafford,       |
|   |                 |     Federal PLUS and Unsubsidized Stafford       |
|   |                 |     variable rate loans made to new borrowers    |
|   |                 |     on/after 10/1/92 -- 6/30/2006.               |
|   |                 |                                                  |
|   |                 | -   Use the actual rate of the loan for          |
|   |                 |     Consolidation loans made on/after 10/1/98.   |
|   |                 |                                                  |
|   |                 | -   Use **FVAR7, FVAR8, FVAR9, FVAR10, and       |
|   |                 |     FVARX** respectively for converted fixed     |
|   |                 |     rate loans of 0.07, 0.08, 0.09, or 0.08/0.1  |
|   |                 |     percent (adjustments only).                  |
+---+-----------------+--------------------------------------------------+
| E | Principal       | The principal amount of the loan is the amount   |
|   | Amount of Loans | disbursed plus the amount of the insurance       |
|   |                 | premium and origination fee deducted prior to    |
|   |                 | disbursement. (The Lender loan fee is based on   |
|   |                 | the same amount and is a **charge to you**. It   |
|   |                 | cannot be charged to the borrower; that is, it   |
|   |                 | cannot be deducted from the loan principal       |
|   |                 | disbursed.)                                      |
|   |                 |                                                  |
|   |                 | Enter the total principal amount of loans (whole |
|   |                 | dollars only) made or bought which are covered   |
|   |                 | by the transaction indicated by the Loan Type    |
|   |                 | and Fee Code. Do not include amounts             |
|   |                 | representing cancellations or adjustments        |
|   |                 | occurring in the same quarter that the loan was  |
|   |                 | disbursed.                                       |
|   |                 |                                                  |
|   |                 | For a Fee Code of FI and LI, report the          |
|   |                 | additional amount which was not previously       |
|   |                 | reported to ED. For a Fee Code of FD and LD,     |
|   |                 | report the amount, which was previously reported |
|   |                 | but has now been cancelled or overstated in      |
|   |                 | previous quarters.                               |
+---+-----------------+--------------------------------------------------+

**LaRS Instructions**

**Part II -- Interest Benefits**

This part is divided into 6 columns. When billing for interest for the
quarter covered by the form, (Billing Code BC), make separate line
entries for each different loan type and allowable interest rate.
Columns A-E must be completed. Column F, Interest Amount, is for
reporting adjustments only.

When billing for all other codes (BI and BD), make separate line entries
for each type of adjustment. Complete columns A, C, and F. Leave the
other columns blank. If additional space is needed, make a copy of the
blank page and check the block at the bottom of each page.

Applicability: In general, ED will pay the interest due on:

-   Subsidized Federal Stafford and FISL loans while the borrower is in
    school at least half time, in grace, and during a period of
    authorized deferment.

-   Federal Consolidation loans for which the Lender received the
    application on/after 1/1/93 and prior to 8/10/93 during periods of
    authorized deferment.

-   Federal Consolidation loans comprised solely of subsidized Federal
    Stafford Loans for which the Lender received the application
    on/after 8/10/93 and prior to 11/13/97, during periods of authorized
    deferment.

-   Federal Consolidation loans whose application was received after
    11/13/97, interest benefits are paid on the portion of the loan that
    repaid subsidized Federal Stafford, subsidized Federal Direct
    Stafford, FISL, subsidized Federal Consolidation, and subsidized
    Federal Direct Consolidation loans, during periods of authorized
    deferment.

+---+------------------+------------------------------------------------+
| A | Loan Type        | Provide the 2-letter code for the loan type    |
|   |                  | being reported.                                |
|   |                  |                                                |
|   |                  | SF - Federal Stafford (except Unsubsidized     |
|   |                  | Stafford) and FISL                             |
|   |                  |                                                |
|   |                  | CL - Federal Consolidation                     |
+---+------------------+------------------------------------------------+
| B | Interest Rate    | Provide the interest rate (as a decimal) for   |
|   |                  | loans or portions of loans on which you are    |
|   |                  | billing interest for the quarter covered by    |
|   |                  | this form, as explained above. For loans made  |
|   |                  | at rates other than those shown, make separate |
|   |                  | line entries for each actual rate used (up to  |
|   |                  | 5 decimal places, then round). For lines       |
|   |                  | showing an adjustment (Billing Code BI or BD), |
|   |                  | leave this column blank.                       |
|   |                  |                                                |
|   |                  | \- For 6.8% enter 0.068                        |
|   |                  |                                                |
|   |                  | \- For 8.25% enter 0.0825                      |
+---+------------------+------------------------------------------------+
| C | Billing Code     | Provide the code for the period and type of    |
|   |                  | loan activity being reported:                  |
|   |                  |                                                |
|   |                  | BC - Interest due to you for the               |
|   |                  | [c]{.underline}urrent quarter                  |
|   |                  |                                                |
|   |                  | BI - Adjustment, resulting in a net            |
|   |                  | [i]{.underline}ncrease in the interest due to  |
|   |                  | you from previous quarters\' billings          |
|   |                  |                                                |
|   |                  | BD - Adjustment, resulting in net              |
|   |                  | [d]{.underline}ecrease in the interest due to  |
|   |                  | you form previous quarters\' billings          |
|   |                  |                                                |
|   |                  | For lines containing the codes BC or BI, you   |
|   |                  | will receive an interest payment from ED. For  |
|   |                  | lines containing the code BD, you will be      |
|   |                  | charged for the amount owed to ED.             |
|   |                  |                                                |
|   |                  | If an interest transaction occurred in the     |
|   |                  | current quarter and an adjustment was made to  |
|   |                  | it in the same quarter, report only the net    |
|   |                  | result. Do not report the original action and  |
|   |                  | the adjustment separately.                     |
|   |                  |                                                |
|   |                  | Use codes BI and BD to report adjustments to   |
|   |                  | interest activity for all [prior]{.underline}  |
|   |                  | quarters combined, regardless of the loans\'   |
|   |                  | individual interest rates.                     |
+---+------------------+------------------------------------------------+
| D | Ending Principal | Enter the total unpaid principal balance       |
|   | Balance          | outstanding on all loans or portions of loans  |
|   |                  | eligible for interest benefits (whole dollars  |
|   |                  | only) for the stated Loan Type, Interest Rate  |
|   |                  | and Billing Code combination, as of the last   |
|   |                  | day of the quarter covered by this form.       |
|   |                  | Complete this column [only]{.underline} for    |
|   |                  | lines with Billing Code BC.                    |
+---+------------------+------------------------------------------------+
| E | Average Daily    | For each combination of Loan Type, Interest    |
|   | Principal        | Rate and Billing Code, enter the average       |
|   | Balance          | (whole dollars only) of the daily principal    |
|   |                  | balances of all eligible loans or portions of  |
|   |                  | loans for the quarter covered by this form.    |
|   |                  | This is accomplished by adding the outstanding |
|   |                  | principal balance of all eligible loans or     |
|   |                  | portions of loans for each day in the quarter  |
|   |                  | and dividing by the number of days in the      |
|   |                  | quarter. [This column must be completed for    |
|   |                  | any line with Billing Code BC.]{.underline}    |
+---+------------------+------------------------------------------------+
| F | Interest Amount  | For each combination of Loan Type, Interest    |
|   | (Use only for    | Rate and Billing Code enter [to the nearest    |
|   | adjustments)     | penny]{.underline} the amount of interest due  |
|   |                  | you or owed to ED.                             |
|   |                  |                                                |
|   |                  | Do not use Column F for interest due for the   |
|   |                  | current quarter (Billing Code is BC). This     |
|   |                  | column is *required* for adjustments (Billing  |
|   |                  | Code is BI or BD). Enter a positive number     |
|   |                  | only. We will use the Billing Code to          |
|   |                  | determine whether you are due interest or owe  |
|   |                  | money to ED.                                   |
+---+------------------+------------------------------------------------+

**LaRS Instructions**

**Part III -- Special Allowance**

**This part is divided into 9 columns. Make separate line entries for
each different combination of Billing Code, Calendar Year, Quarter Code,
Loan Type, Special Allowance Category, and Interest Rate. These first 6
columns *must* always be completed. If additional space is needed, make
a copy of the blank page and check the block at the bottom of each
page.**

**Applicability**: [In general,]{.underline} special allowance may be
paid on all loans, except certain Federal Stafford and FISL loans and
any "HEAL" portion of a Consolidation loan. For loans disbursed on/after
4/1/06, if the applicable interest rate exceeds the market rate, the
lender may owe funds back the government.

+---+----------+---------------------------------------------------------+
| A | Billing  | Provide the code for the period and type of loan        |
|   | Code     | activity being reported:                                |
|   |          |                                                         |
|   |          | **BC** - Special allowance due/owed for the             |
|   |          | **[c]{.underline}**urrent quarter                       |
|   |          |                                                         |
|   |          | **BI** - Adjustment resulting in a net                  |
|   |          | **[i]{.underline}**ncrease in the special allowance     |
|   |          | previously paid/collected for a given quarter           |
|   |          |                                                         |
|   |          | **BD** - Adjustment resulting in a net                  |
|   |          | **[d]{.underline}**ecrease in the special allowance     |
|   |          | previously paid/collected for a given quarter           |
|   |          |                                                         |
|   |          | For lines containing the codes BC and BI, **YOU** may   |
|   |          | receive a payment from ED. For a line containing the    |
|   |          | code BD, **YOU** may be charged for the amount owed to  |
|   |          | ED. If a transaction occurred in the current quarter    |
|   |          | and an adjustment was made in the same quarter, only    |
|   |          | report the net result.                                  |
+---+----------+---------------------------------------------------------+
| B | Calendar | Provide the year being reported (e.g. 2006)             |
|   | Year     |                                                         |
+---+----------+---------------------------------------------------------+
| C | Quarter  | Provide the digit for the quarter being reported:       |
|   | Code     |                                                         |
|   |          | **1**- March 31 **3** -- September 30                   |
|   |          |                                                         |
|   |          | **2** - June 30 **4** -- December 31                    |
+---+----------+---------------------------------------------------------+
| D | Loan     | Provide the 2-letter code for the loans being reported: |
|   | Type     |                                                         |
|   |          | **SF** - Federal Stafford (except Unsubsidized          |
|   |          | Stafford) and FISL                                      |
|   |          |                                                         |
|   |          | **SL** - Federal **[S]{.underline}**LS                  |
|   |          |                                                         |
|   |          | **PL** - Federal **[P]{.underline}**LUS                 |
|   |          |                                                         |
|   |          | **CL** - Federal **[C]{.underline}**onsolidation        |
|   |          |                                                         |
|   |          | **SU** - **[U]{.underline}**nsubsidized Stafford        |
+---+----------+---------------------------------------------------------+
| E | Special  | Provide the code for the loans being reported:          |
|   | A        |                                                         |
|   | llowance | **SA** - For loans made prior to 10/1/81.               |
|   | Category |                                                         |
|   |          | (Tax-exempt loans during this period use XA)            |
|   |          |                                                         |
|   |          | **SB** - For Stafford (subsidized) and PLUS loans made  |
|   |          | on/after 10/1/81 but prior to 10/17/86, or loans made   |
|   |          | on/after 10/17/86 but prior to 11/16/86 for periods of  |
|   |          | enrollment beginning prior to 11/16/86. Also, for       |
|   |          | Consolidation loans made on/after 10/1/81 but prior to  |
|   |          | 11/16/86. (Tax-exempt loans during this period use XB)  |
|   |          |                                                         |
|   |          | **SC** - Used for sequester periods only.               |
|   |          |                                                         |
|   |          | (Tax-exempt loans during this period use XC)            |
|   |          |                                                         |
|   |          | **SD** - For Stafford (subsidized) and PLUS/SLS loans   |
|   |          | made on/after 10/17/86 but prior to 11/16/86 for        |
|   |          | periods of enrollment beginning on/after 11/16/86.      |
|   |          | Also, for Stafford (subsidized), PLUS/SLS and           |
|   |          | Consolidation loans made on/after 11/16/86 but prior to |
|   |          | 10/1/92. Also, for Stafford (unsubsidized) loans made   |
|   |          | prior to 10/1/92 for periods of enrollment beginning    |
|   |          | on/after 10/1/92.                                       |
|   |          |                                                         |
|   |          | > (Tax-exempt loans during this period use XB)          |
|   |          |                                                         |
|   |          | **SE** - For Stafford loans made on/after 10/1/92 but   |
|   |          | prior to 7/1/94, regardless of the enrollment period,   |
|   |          | or loans made after 7/1/94 for an enrollment period     |
|   |          | ending prior to 7/1/94. Also, for PLUS loans made       |
|   |          | on/after 10/1/92 but prior to 7/1/94. Also, for SLS     |
|   |          | loans made on/after 10/1/92 but prior to 7/1/94; or     |
|   |          | ***certified*** before 7/1/94 and ***disbursed*** after |
|   |          | 7/1/94. Also, for Consolidation loans made on/after     |
|   |          | 10/1/92 and those for which the loan application was    |
|   |          | received by an eligible lender prior to 11/13/97.       |
|   |          |                                                         |
|   |          | > (Tax-exempt loans during this period use XE)          |
|   |          |                                                         |
|   |          | **SG** - For Stafford loans made on/after 7/1/94 but    |
|   |          | prior to 7/1/95, or loans made on/after 7/1/95 but      |
|   |          | prior to 7/1/98 during periods of repayment or          |
|   |          | forbearance. Also, for PLUS loans made on/after 7/1/94  |
|   |          | but prior to 7/1/98. Also, for Consolidation loans for  |
|   |          | which the loan application was received by an eligible  |
|   |          | lender on/after 11/13/97 but prior to 10/1/98.          |
|   |          |                                                         |
|   |          | (Tax-exempt loans during this period use XG)            |
|   |          |                                                         |
|   |          | **SH** - For Stafford loans made on/after 7/1/95 but    |
|   |          | prior to 7/1/98 ***only*** during the in-school, grace  |
|   |          | and deferment periods. Also, for PLUS loans made        |
|   |          | on/after 7/1/98 but prior to 1/1/2000.                  |
|   |          |                                                         |
|   |          | (Tax-exempt loans during this period use XH)            |
|   |          |                                                         |
|   |          | **SJ** - For Stafford loans made on/after 7/1/98 but    |
|   |          | prior to 1/1/2000 ***only*** during the in-school,      |
|   |          | grace and deferment periods.                            |
|   |          |                                                         |
|   |          | (Tax-exempt loans during this period use XJ)            |
|   |          |                                                         |
|   |          | **SK** - For Stafford loans made on/after 7/1/98 but    |
|   |          | prior to 1/1/2000 ***only*** during the repayment and   |
|   |          | forbearance periods.                                    |
|   |          |                                                         |
|   |          | (Tax-exempt loans during this period use XK)            |
|   |          |                                                         |
|   |          | **SL** - Consolidation loans made on/after 10/1/98 but  |
|   |          | prior to 1/1/2000.                                      |
|   |          |                                                         |
|   |          | (Tax-exempt loans during this period use XL)            |
|   |          |                                                         |
|   |          | **CA** - Stafford loans made on/after 1/1/2000 but      |
|   |          | prior to 3/31/06, ***only*** during the in-school,      |
|   |          | grace and deferment periods.                            |
|   |          |                                                         |
|   |          | (Tax-exempt loans during this period use XJ)            |
|   |          |                                                         |
|   |          | **CB** - Stafford loans made on/after 1/1/2000 but      |
|   |          | prior to 3/31/06, ***only*** during the repayment and   |
|   |          | forbearance periods.                                    |
|   |          |                                                         |
|   |          | (Tax-exempt loans during this period use XK)            |
|   |          |                                                         |
|   |          | **CC** - Consolidation loans made on/after 1/1/2000 but |
|   |          | prior to 3/31/06                                        |
|   |          |                                                         |
|   |          | (Tax-exempt loans during this period use XL)            |
|   |          |                                                         |
|   |          | **CD** - PLUS loans made on/after 1/1/2000 but prior to |
|   |          | 3/31/06.                                                |
|   |          |                                                         |
|   |          | > (Tax-exempt loans during this period use XH. *Note:   |
|   |          | > Effective 4/1/06, these loans should be reported as   |
|   |          | > XQ)*.                                                 |
|   |          |                                                         |
|   |          | **CE**- Stafford loans made on/after 4/1/2006,          |
|   |          | ***only*** during the in-school, grace and deferment    |
|   |          | periods.                                                |
|   |          |                                                         |
|   |          | (Tax-exempt loans during this period use XM)            |
|   |          |                                                         |
|   |          | **CF** - Stafford loans made on/after 4/1/2006,         |
|   |          | ***only*** during the repayment and forbearance         |
|   |          | periods.                                                |
|   |          |                                                         |
|   |          | (Tax-exempt loans during this period use XN)            |
|   |          |                                                         |
|   |          | **CG**- Consolidation loans made on/after 4/1/2006.     |
|   |          |                                                         |
|   |          | (Tax-exempt loans during this period use XO)            |
|   |          |                                                         |
|   |          | **CH**- PLUS loans made on/after 4/1/2006.              |
|   |          |                                                         |
|   |          | (Tax-exempt loans during this period use XP)            |
+---+----------+---------------------------------------------------------+
| F | Interest | Provide the applicable interest rate (as a decimal) for |
|   | Rate     | each group of loans. Allowable rates are from 3% (enter |
|   |          | as .03) - .25. For Consolidation loans made on or after |
|   |          | October 1, 1998, the allowable rates are from 3% -      |
|   |          | 8.25%. Other allowable rates:                           |
|   |          |                                                         |
|   |          | > **EVAR** - for variable Federal Stafford and          |
|   |          | > Unsubsidized Stafford, PLUS, and SLS loans made on or |
|   |          | > after 10/1/92 -- 6/30/06 and Consolidation loans made |
|   |          | > during the \"Emergency Consolidation Loan Act\"       |
|   |          | >                                                       |
|   |          | > **CVAR** - for Federal PLUS and SLS loans made in     |
|   |          | > 1986-7 where the interest rate changes each January 1 |
|   |          | >                                                       |
|   |          | > **FVAR7, FVAR8, FVAR9, FVAR10, and FVARX** -          |
|   |          | > respectively for converted fixed rate loans of 7%,    |
|   |          | > 8%, 9%, 10% and 8/10%                                 |
|   |          | >                                                       |
|   |          | > **VAR** -- for variable rate, PLUS and SLS loans made |
|   |          | > prior to 10/1/92                                      |
|   |          | >                                                       |
|   |          | > []{.mark}                                             |
+---+----------+---------------------------------------------------------+
| G | Ending   | Provide the total unpaid principal balance outstanding  |
|   | P        | on all loans eligible for special allowance (whole      |
|   | rincipal | dollars only) for the stated combination of entries in  |
|   | Balance  | columns A-F, as of the last day of the quarter covered  |
|   |          | by this form. Complete this column for Billing Code BC  |
|   |          | only.                                                   |
+---+----------+---------------------------------------------------------+
| H | Average  | For each combination of columns A through F, provide    |
|   | Daily    | the average daily principal balance (whole dollars      |
|   | P        | only) of all eligible loans for the quarter. Complete   |
|   | rincipal | this column for Billing Code BC only.                   |
|   | Balance  |                                                         |
+---+----------+---------------------------------------------------------+
| I | Adj      | Provide the difference in the Average Daily Principal   |
|   | ustments | Balance (whole dollars only, positive number) between   |
|   | for      | what should have been reported and what was originally  |
|   | Di       | reported. Complete this column for a Billing Code of BI |
|   | fference | or BD only.                                             |
|   | in       |                                                         |
|   | Average  |                                                         |
|   | Daily    |                                                         |
|   | P        |                                                         |
|   | rincipal |                                                         |
|   | Balance  |                                                         |
+---+----------+---------------------------------------------------------+

**LaRS Instructions**

**Part IV -- Loan Activity**

Applicability: Part IV shows the changes, which have occurred to the
guaranteed loan principal in your portfolio for each type of loan for
the quarter covered by this form. Loan principal includes capitalized
interest as defined in line 3. This part must be completed and submitted
each time you submit a LaRS form. This part has 5 columns and 9 lines.
Report all amounts in whole dollars.

**Enter all loan information in the appropriate column:**

A)  Federal Stafford (except Unsubsidized Stafford) and FISL

B)  Federal PLUS

C)  Federal SLS

D)  Federal Consolidation

E)  Federal Unsubsidized Stafford

+---+-------------------+------------------------------------------------+
| 1 | Beginning         | Provide the outstanding principal balance      |
|   | Principal Balance | (including the sum of capitalized interest     |
|   |                   | outstanding) of loans at the start of business |
|   |                   | on the first day of the quarter. Unless an     |
|   |                   | adjustment has been made, this amount must be  |
|   |                   | the same as the Ending Principal Balance from  |
|   |                   | the previous quarter\'s form.                  |
|   |                   |                                                |
|   |                   | **PLEASE NOTE:** adjustments made to the prior |
|   |                   | quarter ending balance may be subject to       |
|   |                   | review.                                        |
+---+-------------------+------------------------------------------------+
| 2 | Loan Principal    | Provide the principal amount of loans          |
|   | Disbursed         | disbursed during the quarter. This may be new  |
|   |                   | loans or additional disbursements for loans    |
|   |                   | initially disbursed in a prior quarter. Report |
|   |                   | the gross amount; that is, the amount prior to |
|   |                   | any deductions for insurance premiums or       |
|   |                   | origination fees. Include amounts actually     |
|   |                   | disbursed for Consolidation loans and for      |
|   |                   | refinanced PLUS and SLS loans. Do not report   |
|   |                   | amounts disbursed and then cancelled (e.g.,    |
|   |                   | checks returned uncashed) in the same quarter. |
+---+-------------------+------------------------------------------------+
| 3 | Interest          | Provide the amount of interest and unpaid      |
|   | Capitalized or    | insurance premiums, which were added to        |
|   | Other Principal   | principal during the quarter in accordance     |
|   | Increase          | with program regulations, principal            |
|   |                   | transferred from other LIDs assigned to your   |
|   |                   | institution, and any other increases in your   |
|   |                   | portfolio not shown elsewhere.                 |
+---+-------------------+------------------------------------------------+
| 4 | Principal of      | Provide the principal amount of loans          |
|   | Loans Purchased   | purchased (including interest capitalized      |
|   |                   | prior to purchase) from other Lenders. [Do     |
|   |                   | not]{.underline} include amounts disbursed to  |
|   |                   | consolidate a loan.                            |
+---+-------------------+------------------------------------------------+
| 5 | Principal of      | Provide the principal amount of loans          |
|   | Loans Cured       | (including the sum of interest capitalized     |
|   |                   | prior to the reinstatement of the loan\'s      |
|   |                   | insurance) on which insurance coverage was     |
|   |                   | reinstated (cured) in accordance with program  |
|   |                   | regulations.                                   |
+---+-------------------+------------------------------------------------+
| 6 | Principal of      | Provide the principal amount of loans sold     |
|   | Loans Sold        | (including interest capitalized prior to sale) |
|   |                   | to other Lenders. [Do not]{.underline} include |
|   |                   | loans paid in full through consolidation.      |
|   |                   | Also, do not include Federal PLUS and SLS      |
|   |                   | loans paid in full as part of a refinancing of |
|   |                   | those loans.                                   |
+---+-------------------+------------------------------------------------+
| 7 | Principal Paid by | Provide the amount received from the guarantor |
|   | Insurance Claims  | for principal (including interest capitalized  |
|   |                   | prior to claim filing) for default, death,     |
|   |                   | disability, bankruptcy and other claims        |
|   |                   | authorized by statute, regulations, and        |
|   |                   | policy.                                        |
+---+-------------------+------------------------------------------------+
| 8 | Principal of      | Provide the principal amount of loans          |
|   | Loans on Which    | (including interest capitalized prior to the   |
|   | the Guarantee Was | loss of guarantee) on which the insurance      |
|   | Voided            | guarantee was voided due to a due diligence,   |
|   |                   | timely filing, or other violation.             |
+---+-------------------+------------------------------------------------+
| 9 | Principal Paid by | Provide the amount of payment received to      |
|   | Borrowers and     | reduce outstanding principal and capitalized   |
|   | other Principal   | interest, including payments from borrowers,   |
|   | Reductions        | refunds received from schools, checks returned |
|   |                   | uncashed for loans reported disbursed in       |
|   |                   | [prior]{.underline} quarters, and amounts      |
|   |                   | received to pay off loans included in Federal  |
|   |                   | Consolidation and refinanced Federal PLUS and  |
|   |                   | SLS loans. [Do not]{.underline} include claim  |
|   |                   | payments from guarantors.                      |
+---+-------------------+------------------------------------------------+

**LaRS Instructions**

**Part V -- Loan Portfolio Status**

Applicability: Part V shows the status of the outstanding guaranteed
loan principal in your portfolio for each type of loan as of the end of
the quarter covered by this form. Principal includes capitalized
interest. Include all guaranteed loans in this part except for ones,
which the guarantee was voided. Also, include loans, which were
previously voided and then cured.

This part must be completed and submitted each time you submit a LaRS
form. This part has 5 columns, each covering a specific type of loan,
and 4 rows (with the third containing 8 sub lines). Report all amounts
in whole dollars.

**Enter all loan information in the appropriate column:**

A\) Federal Stafford (except unsubsidized Stafford) and FISL

B\) Federal PLUS

C\) Federal SLS

D\) Federal Consolidation

E\) Federal Unsubsidized Stafford

+---+--------------------+-----------------------------------------------+
| 1 | Loans in School    | Provide in the principal amount of all        |
|   | and in Grace       | Stafford, FISL and Unsubsidized Stafford      |
|   |                    | loans in an \"in school or grace period\"     |
|   |                    | status. Do not include loans for which the    |
|   |                    | borrower has a deferment due to returning to  |
|   |                    | school after expiration of the grace period.  |
|   |                    | These loans are to be included in line 2.     |
|   |                    | Also, note that this status does not apply to |
|   |                    | Federal PLUS, Federal SLS or Federal          |
|   |                    | Consolidation loans.                          |
+---+--------------------+-----------------------------------------------+
| 2 | Loans in           | Provide the principal amount of all loans in  |
|   | Authorized         | a period of authorized deferment.             |
|   | Deferment          |                                               |
+---+--------------------+-----------------------------------------------+
| 3 | Loans in Repayment | Provide the appropriate category the          |
|   | or Forbearance     | principal amount of all loans in a repayment  |
|   |                    | for forbearance status. Include loans on      |
|   |                    | which the grace period has ended and no       |
|   |                    | deferment has been authorized, whether or not |
|   |                    | the borrower has made repayment arrangements  |
|   |                    | or has made a payment. Do not include loans   |
|   |                    | on which a claim has been filed with a        |
|   |                    | guarantor in lines 3a through 3g. These loans |
|   |                    | are reported in line 3h.                      |
+---+--------------------+-----------------------------------------------+
| 4 | Ending Principal   | Provide the principal balance of outstanding  |
|   | Balance            | loans at the end of business on the last day  |
|   |                    | of the quarter. Allowing for rounding, this   |
|   |                    | must equal the sum of lines 1,2, and 3a       |
|   |                    | through 3h.                                   |
|   |                    |                                               |
|   |                    | \(4\) = (1) + (2) + (3a) + (3b) + (3c) +      |
|   |                    | (3d) + (3e) + (3f) + (3g) + (3h)              |
+---+--------------------+-----------------------------------------------+