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Federal          Student Loan Programs Data Book  -  FY 1997-FY 2000Part          IIFFEL Program and FDLP Loan Volume Commitments
      CONTENTS    < BACK    NEXT >    Table 5.
    Federal Family Education Loan (FFEL) program annual and cumulative commitments,      by loan program type: FY 1966-FY 2000 This table      shows cumulative information for the FFEL programs discussed in tables 17-20.      The annual loan volume, the percent change from prior year, the percent share      of FFEL program total, the average loan amount, and the cumulative loan volume      are presented in the table for the four loan programs (Stafford Subsidized,      Stafford Unsubsidized, Parent Loans for Undergraduate Students (PLUS), and      Supplemental Loan for Students (SLS)) that make up the FFEL program.


- Since        its inception in FY 1966, the FFEL program has provided nearly $317.0 billion        in student loan commitments, 67.9 percent of which were committed from FY        1990 through FY 2000 ($215.3 billion).
- The        FFEL program average loan amount increased from $2,734 to $4,052 (48.2 percent)        between FY 1990 and FY 2000. The average loan in the largest program, Stafford        Subsidized, increased from $2,693 in FY 1990 to $3,569 in FY 2000 (32.5        percent). The program with the greatest average loan amount in FY 2000 was        the PLUS program with an average loan amount of $7,331.
- Loan        dollar volume for the FFEL program rose annually from FY 1990 to FY 2000        for all but two years. In FY 1995, volume fell 9.2 percent, and dropped        another 5.8 percent in FY 1996.

Stafford Subsidized


- Since        FY 1990, the Stafford Subsidized loan program has committed $131.1 billion        in loans. This dollar amount represents 60.4 percent of the total Stafford        Subsidized commitments ($217.1 billion) since FY66. The average Stafford        Subsidized loan amount increased from $2,693 in FY 1990 to $3,569 in FY        2000 (32.5 percent).
- The        Stafford Subsidized program consistently committed more program dollar volume        than the other FFEL programs between FY 1990 and FY 2000. However, while        the Stafford Subsidized program committed 79.0 percent of the FFEL program        dollar volume in FY 1990, its share fell over time. The share of total FFEL        dollar volume committed by the Stafford Subsidized program fell below 50        percent for the first time in FY 2000, with a commitment of 49.0 percent        of all FFEL program dollar volume.
- Although        Stafford Subsidized loans represented a decreasing share of FFEL program        loan volume commitments, the annual loan volume for this loan type increased        each year except for FY 1995, FY 1996, and FY 1999. In FY 1995 and FY 1996        the Stafford Subsidized program experienced a decrease in dollar volume        of 15.5 and 7.6 percent, respectively, and in FY 1999, volume fell by 1.4        percent.

Stafford Unsubsidized


- Since        its inception in FY 1993, the Stafford Unsubsidized loan program has committed        $54.7 billion in loans. Annual loan commitments increased each year except        for FY 1996, when volume decreased by 4.0 percent. In FY 2000 the annual        dollar volume for Stafford Unsubsidized loans increased 15.5 percent to        approximately $10.5 billion.
- The        Stafford Unsubsidized loan program has captured an increasing share of total        FFEL loan commitments since its inception. By FY 2000, the Stafford Unsubsidized        loan program committed 40.9 percent of the total FFEL program loan volume.
- From        FY 1993 to FY 2000 the Stafford Unsubsidized average loan amount grew from        $2,411 to $4,268—a 77.0 percent increase. In FY 2000 the average Stafford        Unsubsidized loan was larger than Stafford Subsidized loan ($4,268 vs. $3,569).

Parent Loans      for Undergraduate Students (PLUS)


- Since        FY 1990, the PLUS loan program has committed $21.3 billion in loans. This        dollar amount represents 88.1 percent of the total PLUS commitments ($21.3        billion) since the program's inception in FY 1981.
- Between        FY 1990 and FY 2000, the PLUS loan program captured an increasing portion        of the total FFEL program commitments. In FY 1990, the PLUS program held        7.1 percent of total FFEL commitments. In FY 2000 this figure had risen        to 10.2 percent.
- The        average PLUS loan amount increased from $3,210 in FY 1990 to $7,331 in FY        2000 (128.4 percent).

Supplemental      Loan to Students (SLS)


- The        Supplemental Loan to Students (SLS) program was discontinued at the end        of FY 1994.

To view the following table in an accessible format please go to http://www.ed.gov/finaid/prof/resources/data/fslpdata97-01/table5.xls.
These files are in Microsoft Excel format. If you do not have Excel, you can access the files by downloading the free Excel viewer at: http://office.microsoft.com/downloads/2000/xlviewer.aspx. Table          5.  Federal Family Education Loan (FFEL) program annual and cumulative         commitments, by loan program type: FY 1966-FY 2000Annual         loan volume
      Percent         change from prior year
      Percent         share of FFEL program
      Average          loan
      Cumulative          loan volumeFiscal          year
      Loans
        (in 000's)
      Dollars
        (in 000,000's)
      Loans
      Dollars
      Loans
      Dollars
      Dollars
      Loans
        (in 000's)
      Dollars
        (in 000,000's)Stafford         Subsidized1966-89
      39,689
      $85,956
      -
      -
      -
      -
      -
      39,689
      $85,9561990
      3,605
      9,708
      -
      -
      80.3
      79.0
      2,693
      43,294
      95,6641991
      3,842
      10,551
      6.5
      8.7
      79.7
      78.2
      2,747
      47,136
      106,2151992
      3,997
      11,249
      4.0
      6.6
      77.9
      76.3
      2,815
      51,133
      117,4641993
      4,072
      12,471
      1.9
      10.9
      72.1
      69.8
      3,062
      55,205
      129,9351994
      4,523
      14,735
      11.1
      18.1
      67.1
      63.9
      3,258
      59,728
      144,6701995
      3,716
      12,444
      -17.8
      -15.5
      63.3
      59.4
      3,349
      63,444
      157,1141996
      3,288
      11,501
      -11.5
      -7.6
      61.6
      58.3
      3,498
      66,732
      168,6161997
      3,401
      11,985
      3.5
      4.2
      59.9
      55.3
      3,523
      70,133
      180,6001998
      3,408
      12,027
      0.2
      0.4
      58.7
      53.5
      3,531
      73,541
      192,6281999
      3,339
      11,862
      -2.0
      -1.4
      57.0
      50.9
      3,546
      76,880
      204,4902000
      3,520
      12,564
      5.4
      5.9
      55.6
      49.0
      3,569
      80,400
      217,053Stafford          Unsubsidized 11993
      423
      $1,019
      -
      -
      7.5
      5.7
      2,411
      423
      $1,0191994
      1,319
      4,739
      212.0
      365.0
      19.6
      20.5
      3,593
      1,742
      5,7581995
      1,853
      6,843
      40.5
      44.4
      31.6
      32.7
      3,694
      3,594
      12,6011996
      1,769
      6,568
      -4.5
      -4.0
      33.2
      33.3
      3,712
      5,364
      19,1691997
      1,968
      7,689
      11.2
      17.1
      34.6
      35.5
      3,906
      7,331
      26,8581998
      2,068
      8,275
      5.1
      7.6
      35.6
      36.8
      4,003
      9,399
      35,1341999
      2,175
      9,079
      5.2
      9.7
      37.1
      38.9
      4,176
      11,575
      44,2132000
      2,456
      10,482
      12.9
      15.5
      38.8
      40.9
      4,268
      14,031
      54,695PLUS1981-89
      882
      $2,541
      -
      -
      -
      -
      -
      882
      $2,5411990
      273
      877
      -
      -
      6.1
      7.1
      3,210
      1,155
      3,4191991
      329
      1,072
      20.5
      22.2
      6.8
      7.9
      3,256
      1,484
      4,4911992
      393
      1,293
      19.4
      20.6
      7.7
      8.8
      3,289
      1,878
      5,7841993
      344
      1,312
      -12.6
      1.5
      6.1
      7.3
      3,817
      2,222
      7,0961994
      350
      1,726
      1.7
      31.5
      5.2
      7.5
      4,952
      2,571
      8,8221995
      300
      1,663
      -14.2
      -3.6
      5.1
      7.9
      5,544
      2,871
      10,4851996
      279
      1,658
      -7.0
      -0.3
      5.2
      8.4
      5,944
      3,150
      12,1431997
      312
      1,985
      11.7
      19.7
      5.5
      9.2
      6,368
      3,462
      14,1281998
      334
      2,194
      7.1
      10.5
      5.7
      9.8
      6,571
      3,796
      16,3221999
      345
      2,383
      3.3
      8.6
      5.9
      10.2
      6,837
      4,140
      18,7052000
      356
      2,610
      3.4
      9.6
      5.6
      10.2
      7,331
      4,497
      21,315SLS 21981-89
      2,120
      $5,825
      -
      -
      -
      -
      -
      2,120
      $5,8251990
      614
      1,706
      -
      -
      13.7
      13.9
      2,778
      2,734
      7,5301991
      648
      1,877
      5.5
      10.0
      13.4
      13.9
      2,898
      3,382
      9,4071992
      740
      2,207
      14.2
      17.6
      14.4
      15.0
      2,983
      4,122
      11,6141993
      808
      3,060
      9.2
      38.7
      14.3
      17.1
      3,789
      4,929
      14,6741994
      553
      1,869
      -31.5
      -38.9
      8.2
      8.1
      3,377
      5,483
      16,543FFEL          program total 31966-89
      48,156
      $101,674
      -
      -
      -
      -
      -
      48,156
      $101,6741990
      4,493
      12,291
      -
      -
      100.0
      100.0
      2,734
      52,649
      113,9651991
      4,818
      13,500
      7.2
      9.8
      100.0
      100.0
      2,804
      57,467
      127,4651992
      5,130
      14,749
      6.5
      9.2
      100.0
      100.0
      2,875
      62,597
      142,2141993
      5,647
      17,863
      10.1
      21.1
      100.0
      100.0
      3,163
      68,244
      160,0771994
      6,745
      23,068
      19.4
      29.1
      100.0
      100.0
      3,420
      74,988
      183,1451995
      5,869
      20,950
      -13.0
      -9.2
      100.0
      100.0
      3,570
      80,857
      204,0951996
      5,336
      19,728
      -9.1
      -5.8
      100.0
      100.0
      3,697
      86,193
      223,8231997
      5,681
      21,659
      6.5
      9.8
      100.0
      100.0
      3,810
      91,874
      245,4821998
      5,809
      22,497
      2.3
      3.9
      100.0
      100.0
      3,873
      97,683
      267,9791999
      5,859
      23,324
      0.9
      3.7
      100.0
      100.0
      3,959
      103,542
      291,3032000
      6,333
      25,656
      8.1
      10.0
      100.0
      100.0
      4,052
      109,875
      316,959-Not         applicable.1 The Stafford Unsubsidized loans began in FY93.2 The Supplemental Loan for Students (SLS) program ended          in FY94.3 FFEL program total for FY66-FY84 includes Federal Insured         Student Loan Program (FISLP).NOTES: Commitments reported in this table exclude Consolidation loans          and PLUS and SLS refinanced loans authorized under the Higher Educationamendments          of 1986. The loan volume reported in this table includes some loans that          later may be canceled. Details may not addto          totals due to rounding. Calculations are based on numbers before rounding.          Data for earlier years appear in table A-5 in appendix I.SOURCE: U.S. Department of Education, Office of Postsecondary Education,          National Student Loan Data System.  Part          IIFFEL Program and FDLP Loan Volume Commitments
      CONTENTS    < BACK    NEXT >Federal Student          Loan Programs Data Book  -  FY 1997-FY 2000