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Table 2
Number of Student Loans Guaranteed by Program
State Fiscal Year
|
| |
1997-98 |
1998-99 |
1999-00 |
2000-01 |
2001-02 |
|
Program
|
Number |
| Federal Consolidation Loans |
14,525 |
21,093 |
23,178 |
66,400 |
45,976 |
| Federal PLUS Loans |
23,563 |
24,846 |
27,307 |
27,467 |
28,841 |
| Federal Stafford Loans |
226,352 |
224,176 |
230,572 |
235,881 |
251,401 |
| Unsubsidized Federal Stafford Loans |
126,939 |
128,843 |
144,730 |
155,343 |
169,649 |
| TOTAL |
391,379 |
398,958 |
425,787 |
485,091 |
495,867 |
| Percent Change From Prior Year |
| Federal Consolidation Loans |
77.7% |
45.2% |
9.9% |
186.5% |
-30.8% |
| Federal PLUS Loans |
1.4% |
5.4% |
9.9% |
0.6% |
5.0% |
| Federal Stafford Loans |
-1.0% |
-1.0% |
2.9% |
2.3% |
6.6% |
| Unsubsidized Federal Stafford Loans |
6.0% |
1.5% |
12.3% |
7.3% |
9.2% |
|
ALL LOANS
|
3.1% |
1.9% |
6.7% |
13.9% |
2.2% |
|
HESC approved nearly
half a million loans, with strong growth registered by Federal
Stafford and Federal PLUS approvals. The 31,200 increase in
the number of such loans approved was the largest one-year growth
in recent history.
|
| There has been a steady rise in the number of Federal
loans guaranteed by HESC over the past five years, with the largest
increases occurring in the past three years. |
Last Modified on November 01, 2002
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