What changed
The trust student loan pool reported an aggregate outstanding principal balance of $159,869,941 across 4,749 loans and 2,713 borrowers. The balance includes $1,253,205 of accrued interest to be capitalized. Loans tied to the 30-day average SOFR represent 85.48% of the pool, or $136,661,878, while Treasury bill-based loans account for 14.52%, or $23,208,063.
Why it matters
The trust student loan pool reported an aggregate outstanding principal balance of $159,869,941 across 4,749 loans and 2,713 borrowers. The balance includes $1,253,205 of accrued interest to be capitalized. Loans tied to the 30-day average SOFR represent 85.48% of the pool, or $136,661,878, while Treasury bill-based loans account for 14.52%, or $23,208,063.