Top 100 Lenders

By USA Funds® Guarantee Volume
Fiscal Year to Date
Oct. 1, 2007 – April 30, 2008
 
Rank Lender 2007 Loan Volume
1 Sallie Mae Education Trust $2,801,968,024
2 AMS $472,846,723
3 Nellie Mae $330,405,539
4 Chase $306,437,369
5 Bank of America $258,282,051
6 Citibank $183,053,691
7   Student Loan Funding Resources $182,322,421
8   Walden University $180,176,422
9   Wachovia $165,082,137
10 Regions Bank $152,098,130
11   Fifth Third $137,215,633
12   SunTrust Bank $129,135,151
13   University of Phoenix $122,805,679
14   Wells Fargo $114,197,010
15   Nova Southeastern University $80,892,891
16   Citizens Bank $69,936,747
17   Southwest Student Services $65,575,861
18   Dollar Bank $60,173,981
19   Midwestern University $59,734,200
20   Student Loan Xpress $59,566,014
21   EdAmerica $51,737,232
22   Carnegie Student Loans $35,040,442
23   Stillwater National Bank $32,302,006
24   Independence Federal $27,389,262
25   Nelnet $23,744,923
26   ALL Student Loan Corp. $21,878,141
27   Commerce Bank of St. Louis $19,838,091
28   US Bank $19,457,130
29   College Loan Corporation $18,033,840
30   Access Group $17,065,679
31   FNB Sioux Falls $16,737,907
32   National Education $16,118,787
33   Purdue Employees FCU $15,084,798
34   Brazos $11,403,068
35   KeyBank $11,296,693
36   The George Washington University $11,237,362
37   Logan College $10,911,576
38   Kansas State Bank of Manhattan, Kan. $10,265,965
39   LPFA/LELA $9,787,836
40   Capital One $9,211,946
41   Indiana Secondary Market $8,558,082
42   University of Laverne $7,916,695
43   Opus Financial $7,895,043
44   College Board/College Credit $6,044,337
45   American Savings Bank, F.S.B. $6,000,830
46   CoreFirst Bank and Trust $5,976,336
47   Academic Finance Corp. $5,645,051
48   National City Bank $5,625,292
49   First Hawaiian Bank $5,618,045
50   NextStudent $5,415,796
51   Southwest College Naturopathic Medicine $5,194,401
52   CHELA $5,161,259
53   New York College of Osteopathic Medicine of New York Institute of Technology $5,089,948
54   Education Services Foundation $4,966,556
55   Peoples Bank $4,639,659
56   The Student Loan People $4,576,358
57   PNC Bank $4,357,575
58   Trustmark National Bank $4,086,945
59   2Futuro $3,971,791
60   University of Arizona $3,643,111
61   Old National $3,570,219
62   Bancorp South $3,339,792
63   Case Western Reserve University $3,301,310
64   Kansas State University $3,200,004
65   StuFund $ 3,095,795
66   Connecticut Student Loan Foundation $2,989,765
67   Goal Financial $2,832,647
68   Purdue University $2,613,092
69   Florida State University $2,611,723
70   Keesler Federal Credit Union $2,503,271
71   St. Marys University $2,442,881
72   Collegiate Solutions $2,095,575
73   TCF National Bank $2,088,831
74   Duke University $1,852,038
75   Notre Dame Credit Union $1,819,589
76   Cadence Bank $1,652,562
77   Capitol Federal $1,553,555
78   First Financial Bank $1,393,244
79   HSBC $1,325,003
80   A.T. Still University of Health Sciences $1,302,366
81   First Tennessee Bank $1,279,224
82   Hancock Bank $1,246,863
83   Western States Learning Corp. $1,237,330
84   Albany Bank and Trust Company, N.A. $1,211,179
85   Tufts University $1,199,086
86   Education Solutions (MedSolutions) $1,192,489
87   Security Service FCU $1,162,114
88   Three Rivers FCU $1,124,139
89   California Baptist University $1,082,329
90   MedInvest $1,058,746
91   Compass Bank $933,171
92   Rhode Island Student Loan Authority $890,521
93   M&T Bank $868,372
94   Franklin Bank $808,191
95   Northeastern University $800,260
96   Affordian $796,240
97   Rosalind Franklin University of Medicine and Science $735,110
98   Municipal Trust & Savings Bank $727,345
99   U.S. Education Finance Corp. $716,498
100   Redstone Federal Credit Union $708,183
 

The following additional lender reports are available from DocumentDirect for the Internet:

  • EGLBRS62 - Lender Activity by School by State (for specific lender identification numbers).
  • EGLBRS63 - Lender Market Share by School State (for specific lender identification numbers).
  • EUUSMRKT – Fiscal Year to Date State Market Share by School State (for all USA Funds lenders).
  • EUAYLND1 - USA Funds Top 100 Lenders by academic year.
  • EUFYLND1 - USA Funds Top 100 Lenders by fiscal year.

If you are not yet subscribed to access these reports, contact the Technical Support staff of our guarantor-servicer, Sallie Mae, at (800) 348-4606. For additional information, contact Elaine Yednak at (317) 806-1274, or contact your Sallie Mae lender-relations representative at (800) 824-7044.