Page 1 of 9

ED FORM 2000 OMB No. 1845-0026

Expiration Date: 06/30/2012

U. S. Department Of Education

Federal Family Education Loan Program

Guaranty Agency Financial Report

Cover Page

Guaranty Agency State Name: _________________ 

Guaranty Agency Code: _____ 

Authority: The collection of this information is authorized by the Higher Education Act of 1965, as amended, Part B, 

Federal Family Education Loan Program (20 U.S.C. 1071 Et Seq.).

Reporting Burden: 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 1845-0026. Public reporting burden for this collection of 

information is estimated to average 55 hours per response, including time for reviewing instructions, searching existing data 

sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. The obligation to 

respond to this collection is required to obtain or retain a benefit, as cited in 34CFR682.400. Send comments regarding the burden 

estimate or any other aspect of this collection of information, including suggestions for reducing this burden, to the U.S. 

Department of Education, 400 Maryland Ave., SW, Washington, DC 20210-4537 or email ICDocketMgr@ed.gov and reference 

the OMB Control Number 1845-0026. Note: Please do not return the completed Guaranty Agency Financial Report to this 

address. If you have any comments or concerns regarding the status of your individual submission of this form, write 

directly to: Guaranty Agency Reporting, U.S. Department of Education, 830 First Street, NE, 5th Floor, Washington, D.C. 20202 

or email FSA_GAR@ed.gov.

Warning: Any person who knowingly and willfully destroys or conceals any record 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. 

Instructions: There are separate instructions for the completion of this form. Please read those instructions carefully before 

completing the form.
 GUARANTY AGENCY FINANCIAL REPORT 

Guaranty Agency Code: _____ - Guaranty Agency State Name: ______ OMB No. 1845-0026

For Month Of: __/____ Expiration Date : xx/xx/xxxx

ITEM

NO. CATEGORY

AMOUNT DUE

TO/(FROM)

GUARANTOR

PRINCIPAL

AMOUNT

INTEREST 

AMOUNT

OTHER 

AMOUNTS

Page 2 of 9

MR-1 Claims Paid $_____________________

MR-1-A Defaults - Net $ $

 MR-1-B Exempt/Lender of Last Resort $

MR-1-C Death/Disability $

MR-1-D Closed School/False Certification $

MR-1-E Bankruptcy $

MR-1-F Unpaid Refunds $

MR-1-G Discharges $

MR-2 Borrower Payment Return (Closed School/False 

Certification) $______________________ $ $ $

MR-3 Status Changes $______________________

MR-3-A Death/Disability $ $

MR-3-B Closed School/False Certification $ $

MR-3-C Bankruptcy $ $

MR-4 TOP Overpayments $______________________ $ $ $

MR-5 Repurchases - CFY $______________________

MR-5-A Defaults $ $ $

MR-5-B Exempt/Lender of Last Resort $ $

MR-5-C Death/Disability $ $

MR-5-D Closed School/False Certification $ $

MR-5-E Bankruptcy $ $
 GUARANTY AGENCY FINANCIAL REPORT 

Guaranty Agency Code: _____ - Guaranty Agency State Name: ______ OMB No. 1845-0026

For Month Of: __/____ Expiration Date : xx/xx/xxxx

ITEM

NO. CATEGORY

AMOUNT DUE

TO/(FROM)

GUARANTOR

PRINCIPAL

AMOUNT

INTEREST 

AMOUNT

OTHER 

AMOUNTS

Page 3 of 9

MR-6 Repurchases - PFY $______________________

MR-6-A Defaults $ $ $

MR-6-B Exempt/Lender of Last Resort $ $

MR-6-C Death/Disability $ $

MR-6-D Closed School/False Certification. $ $

MR-6-E Bankruptcy $ $

MR-7 Partial Refunds -CFY $______________________

MR-7-A Defaults $

MR-7-B Exempt/Lender of Last Resort $

MR-7-C Death/Disability $

MR-7-D Closed School/False Certification. $

MR-7-E Bankruptcy $

MR-8 Partial Refunds -PFY $______________________

MR-8-A Defaults $

MR-8-B Exempt/Lender of Last Resort $

MR-8-C Death/Disability $

MR-8-D Closed School/False Certification. $

MR-8-E Bankruptcy $

MR-9 Overstated Claims $______________________

MR-9-A Defaults $

MR-9-B Exempt/Lender of Last Resort $

MR-9-C Death/Disability $

MR-9-D Closed School/False Certification. $

MR-9-E Bankruptcy $
 GUARANTY AGENCY FINANCIAL REPORT 

Guaranty Agency Code: _____ - Guaranty Agency State Name: ______ OMB No. 1845-0026

For Month Of: __/____ Expiration Date : xx/xx/xxxx

ITEM

NO. CATEGORY

AMOUNT DUE

TO/(FROM)

GUARANTOR

PRINCIPAL

AMOUNT

INTEREST 

AMOUNT

OTHER 

AMOUNTS

Page 4 of 9

MR-10 Rehabilitated Loan Refund $______________________ $

MR-10-A Rehabilitated Loans $ $ $

MR-11 FFEL Consolidation Refund $______________________ $ $

MR-11-A FFEL Consolidation - Payoff $ $

MR-11-B FFEL Consolidation - GA Retention $ $ $

MR-12 GA Administrative Wage Garnishment $______________________ $ $ $

MR-12-A Administrative Wage Garnishment - Total Collected $ $ $

MR-12-B Administrative Wage Garnishment - GA Retention $ $ $

MR-13 Default Collections $______________________ $ $ $

MR-13-A Default Collections - Total Collected $ $ $

MR-13-B Default Collections - GA Retention $ $ $

MR-14 Bankruptcy Collections $______________________ $ $ $

MR-15 Default FFEL Consolidated by DL Fee $______________________

MR-16 Total $______________________
 GUARANTY AGENCY FINANCIAL REPORT 

Guaranty Agency Code: _____ - Guaranty Agency State Name: ______ OMB No. 1845-0026

For Month Of: __/____ Expiration Date : xx/xx/xxxx

ITEM

NO. CATEGORY

AMOUNT DUE

TO/(FROM)

GUARANTOR

PRINCIPAL

AMOUNT

INTEREST 

AMOUNT

OTHER 

AMOUNTS

Page 5 of 9

 Non-Payment Activity

Treasury Offset Program

MR-17 Treasury Offset $ $ $

MR-18 Non-Federal Share Offset $ $ $

MR-19 Treasury Offset Reversals $ $ $

Status Changes - Account Balance at Conversion

MR-20 Default/Lender of Last Resort to Death or Disability $ $ $

MR-21 Default/Lender of Last Resort to Closed School/ 

 False Certification $ $ $

MR-22 Default /Lender of last Resort to Bankruptcy $ $ $

MR-23 Bankruptcy to Default/Lender of Last Resort $ $ $

Agency Accruals

MR-24 Collection Terminations $ $ $

MR-25 Compromises $ $ $

MR-26 Agency's Accruals $ $

MR-27 Default FFEL Consolidated by Direct Loan Program $ $ $

MR-28 Subrogated Loans $ $ $

MR-29 Default Loans Transferred Out $ $ $

MR-30 Default Loans Transferred In $ $ $

MR-31 Other Transactions Affecting Federal Receivables $ $ $

MR-32 Ending Balance on Defaulted Loans $ $ $

Delinquency by Debt

MR-33 Not Delinquent $ $

MR-34 1 - 90 days $ $

MR-35 91 - 180 days $ $

MR-36 181 - 365 days $ $

MR-37 1 - 2 years $ $

MR-38 2 - 6 Years $ $

MR-39 6 - 10 Years $ $

MR-40 Over 10 Years $ $

Bankruptcy

MR-41 Ending Balance on Bankruptcies $ $ $

MR-42 Bankruptcies Transferred $ $ $
 GUARANTY AGENCY FINANCIAL REPORT

Guaranty Agency Code: ______ - Guaranty Agency State Name: ______ OMB No. 1845-0026

Fiscal Year End Date: __/____ Expiration Date: xx/xx/xxxx

ITEM

NO. CATEGORY

AMOUNT/

CY ACTUAL

CY + 1

PROJECTION

CY + 2

PROJECTION

CY + 3

PROJECTION

CY + 4

PROJECTION

CY + 5

PROJECTION

Page 6 of 9

 LOANS IN REPAYMENT

AR-1 Loans Guaranteed (Except

 Federal Consolidation) $

AR-2 All Loans Canceled (Except

 Federal Consolidation) $

AR-3 Federal Consolidation Loans

 Guaranteed $

AR-4 Federal Consolidation All 

 Loans Canceled $

AR-5 Uninsured Loans $

AR-6 Loans Transferred In $

AR-7 Loans Transferred Out $

AR-8 Default Claims Paid $

AR-9 Bankruptcy Claims Paid $

AR-10 Death and Disability Claims Paid $

AR-11 Closed School/False Certification 

 Claims Paid $

AR-12 Loans Paid in Full $

AR-13 Federal Stafford and Unsubsidized 

 Stafford Interim Loans $

AR-14 Total Loans in Deferment Prior to 

 First Payment $
 GUARANTY AGENCY FINANCIAL REPORT 

Guaranty Agency Code: _____ - Guaranty Agency State Name: ______ OMB No. 1845-0026

Fiscal Year End Date: __/____ Expiration Date : xx/xx/xxxx

ITEM

NO. CATEGORY

AMOUNT DUE

TO/(FROM)

GUARANTOR

PRINCIPAL

AMOUNT

INTEREST 

AMOUNT

OTHER 

AMOUNTS

Page 7 of 9

 FEDERAL FUND 

AR-15 Beginning Balance (from 9/30/xx) $ $ $ $ $ $

AR-16 Investment Income $ $ $ $ $ $

AR-17 Reinsurance from ED $ $ $ $ $ $

AR-18 Collections of Defaulted Loans -

 Reinsurance Complement $ $ $ $ $ $

AR-19 Insurance Premiums $ $ $ $ $ $

AR-20 Other Revenues $ $ $ $ $ $

AR-21 Claims Expensed to Lenders $ $ $ $ $ $

AR-22 Recall of Federal Funds to the

 Restricted Account $ $ $ $ $ $

AR-23 Transfer to Operating Fund for 

 Default Aversion $ $ $ $ $ $

AR-24 Transfer to Operating Fund for 

 Account Maintenance Fee $

AR-25 Other Expenses $ $ $ $ $ $

AR-26 Ending Balance $ $ $ $ $ $

AR-27 Amount Transferred from Federal 

 Fund To Operating Fund for 

 Operating Expenses (Repayable) $ $ $ $ $ $

AR-28 Amount Received from 

 Operating Fund to Repay 

 Advance for Operating Expenses $ $ $ $ $ $

 OPERATING FUND 

AR-29 Beginning Balance (from 9/30/xx) $ $ $ $ $ $

AR-30 Default Aversion Fee Revenue $ $ $ $ $ $

AR-31 Loan Processing and Issuance Fee 

 Revenue $ $ $ $ $ $

AR-32 Account Maintenance Fee 

 Revenue Received from ED $ $ $ $ $ $

AR-33 Transfer from Federal Fund for 

 Account Maintenance Fee $ $ $ $ $ $

AR-34 Collections of Defaulted Loans 
 GUARANTY AGENCY FINANCIAL REPORT 

Guaranty Agency Code: _____ - Guaranty Agency State Name: ______ OMB No. 1845-0026

Fiscal Year End Date: __/____ Expiration Date : xx/xx/xxxx

ITEM

NO. CATEGORY

AMOUNT DUE

TO/(FROM)

GUARANTOR

PRINCIPAL

AMOUNT

INTEREST 

AMOUNT

OTHER 

AMOUNTS

Page 8 of 9

 Less Reinsurance Complement $ $ $ $ $ $

AR-35 Investment Income $ $ $ $ $ $

AR-36 Other Revenues (FFEL and Non 

 FFEL)

AR-37 Collections of Defaulted Loans 

 (Secretary's Equitable Share) $ $ $ $ $ $

AR-38 Operating Expenses $ $ $ $ $ $

AR-39 Other Expenditures (FFEL &Non-

 FFEL)

$ $ $ $ $ $

AR-40 Ending Balance $ $ $ $ $ $

AR-41 Amount Received from Federal 

 Fund for Operating Expenses $ $ $ $ $ $

AR-42 Amount Repaid to Federal Fund 

 For Operating Expenses $ $ $ $ $ $

 RESTRICTED ACCOUNT

AR-43 Beginning Balance (from 9/30/xx) $ $ $ $ $ $

AR-44 Recall of Federal Funds from 

 Federal Fund $ $ $ $ $ $

AR-45 Investment Income on Restricted 

Account $ $ $ $ $ $

AR-46 Investment Income on Restricted 

Account Expensed for Default 

Prevention $ $ $ $ $ $

AR-47 Ending Balance $ $ $ $ $ $
 GUARANTY AGENCY FINANCIAL REPORT 

Guaranty Agency Code: _____ - Guaranty Agency State Name: ______ OMB No. 1845-0026

Fiscal Year End Date: __/____ Expiration Date : xx/xx/xxxx

ITEM

NO. CATEGORY

AMOUNT DUE

TO/(FROM)

GUARANTOR

PRINCIPAL

AMOUNT

INTEREST 

AMOUNT

OTHER 

AMOUNTS

Page 9 of 9

 BALANCE SHEET SECTION

AR-48 Cash, Cash Equivalents and

 Investments $

AR-49 Restricted Account Cash, Cash 

 Equivalents and Investments $

AR-50 Net Investment in Property, Plant, 

 Equipment, and Inventory $

AR-51 Accounts Receivable from ED $

AR-52 Other Assets $

AR-53 Accounts Payable, Accrued 

 Expenses and Other Current 

 Liabilities $

AR-54 Accounts Payable to ED $

AR-55 Other Liabilities $

AR-56 Allowances and Other Non-Cash 

 Charges to Federal Fund $

AR-57 Federal Fund Balance $