TOP 100 CURRENT HOLDERS OF FFELP LOANS FOR 2002 AND 2001

(SEQUENCED FROM HIGH TO LOW ON 9/30/02 $ OUTSTANDING)

$ OUTSTANDING RANKINGS $ OUTSTANDING RANKINGS

LENDER NAME/ AS OF AS OF AS OF AS OF LENDER NAME/ AS OF AS OF AS OF AS OF LENDER NAME/
STATE/(CITY)/[# LID'S] 9/30/02 9/30/01 9/30/02 9/30/01 STATE/(CITY)/[# LID'S] 9/30/02 09/30/01 9/30/02 9/30/01 STATE/(CITY)/[# LID'S]
SLMA 69,453.2 65,291.0 1 1 FIRSTAR BANK 1,396.6 1,174.7 21 21 NORTH TEXAS HIGHER ED AUTHORITY
VA (RESTON) [42] WI (MILWAUKEE) [31] TX (FORT WORTH) [1]
CITIBANK, STUDENT LOAN CORP 17,987.1 16,030.2 2 2 COLLEGE FOUNDATION INC 1,351.3 1,201.4 22 19 MISSISSIPPI HIGHER ED ASSIST CORP
NY (PITTSFORD) [9] NC (RALEIGH) [1] MS (JACKSON) [2]
FIRST UNION NATL BANK (CLASSNOTES)8,709.2 7,102.0 3 3 ACCESS GROUP 1,156.0 839.9 23 28 RHODE ISLAND STUDENT LOAN AUTHORITY
CA (SACRAMENTO) [27] DE (WILMINGTON) [2] RI (WARWICK) [2]
WELLS FARGO ED FINANCIAL SERVICES 6,699.0 5,913.0 4 4 BANK ONE EDUCATION FINANCE GROUP1,143.1 1,183.3 24 20 COLLEGIATE FUNDING SERVICES
SD (SIOUX FALLS) [18] OH (COLUMBUS) [33] VA (FREDERICKSBURG) [2]
NATIONAL EDUCATION NETWORK 6,135.3 4,185.7 5 5 ACADEMIC MANAGEMENT SERVICES 1,139.8 1,063.7 25 22 UNION BANK & TRUST CO
NE (LINCOLN) [16] MA (SWANSEA) [4] NE (LINCOLN) [5]
BRAZOS GROUP 4,563.2 3,909.7 6 6 NORTHSTAR GUARANTEE 1,090.1 711.0 26 31 REGIONS BANK
TX (WACO) [17] MN (ST PAUL) [1] AL (MOBILE ) [1]
PENNA HIGHER ED ASSISTANCE AGENCY3,120.6 2,545.1 7 9 UTAH STATE BOARD OF REGENTS 1,024.0 965.4 27 25 STUDENT LOAN FINANCE ASSOCIATION
PA (HARRISBURG) [2] UT (SALT LAKE CITY) [3] WA (SEATTLE) [1]
BANK OF AMERICA 2,708.3 2,549.7 8 8 VERMONT EDUCATION LOAN FINANCE PROGRAM
984.6 871.9 28 26 NATIONAL CITY BANK
CA (LOS ANGELES) [15] VT (WINOOSKI) [1] OH (CLEVELAND) [13]
KEY CORP 2,503.8 27,431.2 9 7 EDUCATION LOANS INC. 959.3 866.9 29 27 ALL STUDENT LOAN CORP
OH (CLEVELAND) [11] SD (ABERDEEN) [1] CA (LOS ANGELES) [3]
MISSOURI HIGHER ED LOAN AUTHORITY 2,258.1 1,890.2 10 12 EDUCATION LENDING GROUP 867.9 * 30 * BANK OF NORTH DAKOTA
MO (ST LOUIS) [3] OH (CINCINNATI) [5] ND (BISMARCK) [2]
CALIFORNIA HIGHER ED LOAN AUTHORITY2,211.4 1,978.8 11 11 MICHIGAN HIGHER EDUCATION STUD LOAN
855.1 767.4 31 29 OKLAHOMA STUDENT LOAN AUTHORITY
CA (SAN FRANCISCO) [8] MI (LANSING) [1] OK (OKLAHOMA CITY) [3]
COLLEGE LOAN CORP 2,075.8 * 12 * STUD LN CONSOLIDATION CNTR 846.3 * 32 * NEW MEXICO ED ASSISTANCE FOUNDATION
CA (SAN DIEGO) [2] FL (JACKSONVILLE) [1] NM (ALBUQUERQUE) [3]
EDUCATIONAL FUNDING OF THE SOUTH 1,889.8 1,570.5 13 16 PANHANDLE PLAINS HIGHER ED AUTHORITY
845.3 617.3 33 37 MONTANA HIGH ED STUD ASSIST CORP
TN (KNOXVILLE) [1] TX (CANYON) [3] MT (HELENA) [3]
SUNTRUST BANK 1,743.1 1,834.6 14 13 JPMORGANCHASE BANK 837.3 748.6 34 30 MAINE EDUCATIONAL LOAN MARKETING
VA (RICHMOND) [12] NY (GARDEN CITY) [14] ME (PORTLAND) [1]
ARIZONA EDUCATIONAL LOAN MARKETING 1,732.9 1,033.8 15 23 IOWA STUDENT LOAN LIQUIDITY CORP 802.6 675.6 35 33 HSBC BANK USA
AZ (GILBERT) [3] IA (DES MOINES) [1] NY (BUFFALO) [3]
EFS FINANCE CO 1,708.0 2,487.4 16 10 GREATER TEXAS STUDENT LOAN CORP 786.8 650.6 36 35 CONNECTICUT STUDENT LOAN FOUND.
IN (INDIANAPOLIS) [3] TX (BRYAN) [7] CT (ROCKY HILL) [2]
ILL. DESIGNATED ACCT. PURCHASE PROG1,692.1 1,497.5 17 17 NEW HAMPSHIRE HIGHER ED LOAN CORP766.8 685.2 37 32 COMMERCE BANK N A
IL (DEERFIELD) [2] NH (CONCORD) [1] MO (ST LOUIS) [1]
SOUTH CAROLINA STUDENT LOAN CORP 1,634.2 1,495.9 18 18 KENTUCKY HIGHER ED STUDENT LOAN COR
755.9 670.6 38 34 ASSOCIATED BANK
SC (COLUMBIA) [8] KY (LOUISVILLE) [1] WI (STEVENS POINT) [14]
CITIZENS BANK, EDUCATION FINANCE 1,492.1 184.3 19 65 FLEET BANK 717.4 1,024.7 39 24 NAVY FEDERAL CREDIT UNION
MA (WESTWOOD) [10] NY (UTICA) [15] VA (MERRIFIELD) [1]
PITTSBURGH NATIONAL CORP 1,470.3 1,637.3 20 14 COLORADO STUD OBLIGATION BOND AUTH
684.0 624.3 40 36 WYOMING STUDENT LOAN CORP
PA (PITTSBURGH) [4] CO (DENVER) [3] WY (CHEYENNE) [2]

* INDICATES RANKING NOT IN TOP 100.

$ OUTSTANDING INCLUDES STAFFORD, PLUS, SLS, AND CONSOLIDATION LOANS (IN MILLIONS). SECURITIZED LOANS ARE REPORTED UNDER THE ORIGINAL HOLDER. SOURCE = ED FORM 799/LaRS
Corrected Version 6/30/2003
 TOP 100 CURRENT HOLDERS OF FFELP LOANS AS OF 9/30/02
(SEQUENCED FROM HIGH TO LOW ON 9/30/02 $ OUTSTANDING)

$ OUTSTANDING RANKINGS $ OUTSTANDING RANKINGS

LENDER NAME/ AS OF AS OF AS OF AS OF LENDER NAME/ AS OF AS OF AS OF AS OF
STATE/(CITY)/[# LID'S] 9/30/02 9/30/01 9/30/02 9/30/01 STATE/(CITY)/[# LID'S] 9/30/02 9/30/01 9/30/02 9/30/01
COLLEGE CREDIT-TIAA 256.9 260.1 61 55 TEXAS HIGHER EDUCATION COORDINATING115.8 159.5 81 69 TOP 10 AS A PERCENT OF NATION
NY (NEW YORK) [1] TX (AUSTIN) [1] TOP 25 AS A PERCENT OF NATION
SOUTH TEXAS HIGHER ED AUTHORITY 252.4 224.8 62 60 UNIVERSITY OF WISCONSIN CREDIT UNIO109.2 111.3 82 78 TOP 50 AS A PERCENT OF NATION
TX (AUSTIN) [2] WI (MADISON) [1] TOP 75 AS A PERCENT OF NATION
FLORIDA EDUCATIONAL LOAN MARKETING249.4 102.3 63 82 NEW JERSEY HIGHER ED ASSIST AUTH 108.0 63.5 83 99 TOP 100 AS A PERCENT OF NATION
FL (TALLAHASSEE) [2] NJ (TRENTON) [2]
ARKANSAS STUDENT LOAN AUTHORITY 245.2 237.5 64 59 NOVA SOUTHEASTERN UNIVERSITY 105.4 88.3 84 85
AR (LITTLE ROCK) [1] FL (FORT LAUDERDALE) [1]
LOUISIANA PUBLIC FACILITIES AUTHORITY227.2 189.9 65 64 FULTON FINANCIAL CORP 98.7 94.8 85 83
LA (BATON ROUGE) [5] PA (EAST PETERSBURG) [15]
INDIANA SECONDARY MARKET 225.8 191.2 66 63 MARSHALL & ILSLEY BANK 91.7 103.1 86 81
IN (INDIANAPOLIS) [1] WI (MILWAUKEE) [2]
HIBERNIA NATIONAL BANK 222.7 179.1 67 67 ZIONS NATIONAL BANK 88.3 * 87 *
LA (BATON ROUGE) [1] UT (SALT LAKE CITY) [4]
AMSOUTH BANCORP ED FINANCE GROUP 209.5 157.7 68 70 NOTRE DAME CREDIT UNION 88.3 87.4 88 86
MS (JACKSON) [3] IN (NOTRE DAME) [1]
FIRST FEDERAL SAVINGS BANK 201.8 203.9 69 62 NORTHWEST SAVINGS BANK 87.4 81.7 89 89
WI (LACROSSE) [1] PA (WARREN) [2]
TWIN CITY FEDERAL SAVINGS BANK (TCF) 196.5 156.6 70 71 CENTRAL TEXAS HIGHER ED AUTHORITY 86.1 69.0 90 95
MN (MINNEAPOLIS) [4] TX (SAN MARCOS) [1]
EDUCATION LOAN TRUST 167.5 * 71 * SIMMONS FIRST NATIONAL BANK 83.2 73.4 91 91
FL (JACKSONVILLE) [1] AR (PINE BLUFF) [1]
MANUFACTURERS & TRADERS BANK 158.0 207.4 72 61 STILLWATER NATIONAL BANK & TRUST CO80.6 76.1 92 90
NY (BUFFALO) [8] OK (STILLWATER) [1]
SAN ANTONIO FCU 155.6 155.8 73 72 ALLFIRST BANK 74.5 70.6 93 94
TX (SAN ANTONIO) [1] PA (HARRISBURG) [3]
ANCHORBANK 145.6 124.8 74 75 CORUS BANK 73.8 * 94 *
WI (MADISON) [2] IL (CHICAGO) [2]
KNOWLEDGE WORKS FOUNDATION 140.2 171.1 75 68 CARNEGIE INSURANCE COMPANY 73.4 * 95 *
OH (CLEVELAND) [3] OH (CLEVELAND) [1]
STUD LOAN ACQUISITION AUTH OF AZ 133.9 137.9 76 74 GEORGIA STUDENT FINANCE AUTHORITY 72.0 65.2 96 97
AZ (SCOTTSDALE) [1] GA (TUCKER) [2]
MARQUETTE BANK 127.0 143.7 77 73 BENEFICIAL SAVINGS BANK 71.5 72.2 97 92
MN (ST PAUL) [3] PA (PHILADELPHIA) [1]
UNION PLANTERS NATIONAL BANK 125.0 110.5 78 79 INDEPENDENCE BANK 71.0 71.2 98 93
TN (KNOXVILLE) [7] DC (WASHINGTON) [1]
UNIVERSITY OF PENNSYLVANIA 123.9 113.9 79 76 WASHINGTON MUTUAL SAVINGS BANK 70.5 * 99 *
PA (PHILADELPHIA) [1] WA (SEATTLE) [3]
CHARTER ONE BANK FSB 122.6 109.7 80 80 USC CREDIT UNION 67.2 * 100 *
NY (ALBANY) [1] CA (LOS ANGELES) [1]

* INDICATES RANKING NOT IN TOP 100.

$ OUTSTANDING INCLUDES STAFFORD, PLUS, SLS, AND CONSOLIDATION LOANS (IN MILLIONS). SECURITIZED LOANS ARE REPORTED UNDER THE ORIGINAL HOLDER. SOURCE = ED FORM 799/LaRS.
Corrected Version 6/30/2003
$ OUTSTANDING RANKINGS
AS OF AS OF AS OF AS OF
9/30/02 9/30/01 9/30/02 9/30/01
677.8 570.3 41 41

656.1 503.3 42 43

636.3 586.5 43 39

616.2 * 44 *

610.9 575.8 45 40

591.2 514.9 46 42

570.0 245.3 47 57

561.8 600.7 48 38

532.9 495.1 49 44

491.4 472.3 50 46

478.2 407.1 51 49

476.4 474.6 52 45

430.4 394.3 53 50

416.1 443.4 54 47

407.5 410.7 55 48

388.5 366.4 56 51

364.4 285.7 57 53

288.2 332.8 58 52

271.9 273.8 59 54

268.1 242.5 60 58
 AS OF AS OF
9/30/02 9/30/01
68.5 69.8
81.7 82.9
92.1 92.3
95.8 95.5
97.1 96.9