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|
|
Student Accounts |
Sponsored Programs |
Other Receivables |
Total |
|
Gross Accounts Receivable |
$ 162,000 |
$7,005,000 |
$2,104,000 |
$9,271,000 |
|
Less: Allowance for Doubtful Accounts |
53,000 |
0 |
97,000 |
150,000 |
|
Net Accounts Receivable |
$ 109,000 |
$7,005,000 |
$2,007,000 |
$ 9,121,000 |
|
Accounts Receivable Greater than 120 Days Past Due |
$ 124,000 |
$ 306,000 |
$ 249,000 |
$ 679,000 |
DATE: September 30, 1997
|
|
Gross Loans Receivable |
Current Default Rate |
Inc./(Dec) From Last Quarter |
|
Perkins Student Loans |
$16,127,000 |
6.93% |
(0.31)% |
|
Health Professions Loans |
1,874,000 |
0.71% |
0.00% |
|
Undergraduate Nursing Loans |
457,000 |
1.52% |
(0.03)% |
|
Graduate Nursing Loans |
2,000 |
0.00% |
0.00% |
|
University Loans |
6,940,000 |
1.82% |
(0.53)% |
|
Total Student Loan Outstanding |
$25,400,000 |
|
|
DATE: September 30, 1997
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