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Massachusetts Educational Financing Authority : 2025 Lending SFC Report - Financial Regulation

Company NMLS Number

Massachusetts Educational Financing Authority 1724150

Maryland SFC Annual Report - FY25

Total Outstanding Debt Owned by Maryland-Based Students Who Receive Financing
Date Sum of PBO
6/30/2025 $29,334,464.40
Grand Total $29,334,464.40
Total Number of Student Financing Products Owned by Maryland-based Consumers/Students
Date Count of Loans
6/30/2025                                       1,358
Grand Total                                       1,358
Total Amount of of Student Loans Products Provided in Prior Fiscal Year
Fiscal Year Sum of FinancialAwdAmt
2025 $6,142,031.21
Grand Total $6,142,031.21
Total Number of Student Loan Products Provided in Prior Fiscal Year
Fiscal Year Count of Loan_ID
2025 286
Grand Total 286
Rate of Default
Default Rate 
FY25 Default Rate 0.84%
Total Dollar Amount and Number of Student Loan Products With a Cosigner
Co-Borrower (Y or N) Count of Loans Sum of FinancialAwdAmt
Y 281 $5,813,674.71
N 5 $328,356.50
Grand Total 286 $6,142,031.21
Total Dollar Amount and Number of Student Loan Products for Refinancing a Prior Student Loan from Prior Fiscal Year
Loan Type Count of Loans Sum of FinancialAwdAmt
Core 279 $5,500,003.00
Other 7 $642,028.21
Grand Total 286 $6,142,031.21
Total Dollar Amount and Number of Student Loan Products for which Company Has Sued to Collect
Fiscal Year Count of ZA Account Number Sum of Amount Written Off
2025 5 $129,714.42
Grand Total 5 $129,714.42
Total Number of Maryland-Based Student Loan Products and Total Outstanding Debt Per School
School Name # Student Loan Products  $ Outstanding Debt  Default Rate # of Loans Defaulted Principal Defaulted # of Active Loans  MD Total Loan Note Amount 
Total 222  $                      8,951,069.77 1.13% 3  $                           164,587.11 222  $                                                                        14,594,524.72
Louisiana State University 4  $                              76,330.36 35.82% 1  $                              43,000.00 4  $                                                                               120,034.00
Fordham University - Lincoln Center 3  $                                                  -   46.63% 1  $                              29,615.28 3  $                                                                                  63,511.53
Boston College 21  $                              91,476.62 4.42% 2  $                              27,927.01 21  $                                                                               631,470.29
The Culinary Institute Of America 2  $                              20,621.15 48.58% 1  $                              22,466.52 2  $                                                                                  46,248.68
Emerson College 13  $                              94,714.70 7.99% 1  $                              21,830.28 13  $                                                                               273,122.08
University Of South Alabama 1  $                                                  -   100.00% 1  $                              12,437.64 1  $                                                                                  12,437.64
Barry University 2  $                                 7,729.52 46.44% 1  $                                 9,016.62 2  $                                                                                  19,417.66
University Of Maryland Baltimore County 13  $                           121,346.68 5.09% 1  $                                 8,694.54 13  $                                                                               170,732.84
Frederick Community College 2  $                                 3,000.00 71.43% 1  $                                 7,500.00 2  $                                                                                  10,500.00
Wheeling University 1  $                                                  -   100.00% 1  $                                 3,102.51 1  $                                                                                     3,102.51
University Of Maryland College Park 88  $                      1,173,010.81        88  $                                                                           1,373,587.74
Pennsylvania State University 38  $                           916,540.14        38  $                                                                               996,352.14
College Of The Holy Cross 17  $                           533,141.44        17  $                                                                               755,388.60
University Of Delaware 23  $                           486,426.68        23  $                                                                               576,891.79
Temple University Main Campus 20  $                           454,190.99        20  $                                                                               505,981.84
Embry-Riddle Aero. Univ 18  $                           449,625.64        18  $                                                                               468,458.22
Boston University 36  $                           444,269.70        36  $                                                                           1,066,148.34
American University 13  $                           433,350.48        13  $                                                                               439,853.75
George Washington University 13  $                           402,650.74        13  $                                                                               574,196.46
West Virginia University 25  $                           387,389.83        25  $                                                                               414,274.02
Savannah College Of Art & Design 15  $                           384,933.30        15  $                                                                               399,955.02
East Carolina University 17  $                           364,452.58        17  $                                                                               408,167.79
Virginia Polytechnic Inst & State Univ 20  $                           363,558.41        20  $                                                                               583,180.11
Northeastern University 21  $                           353,815.29        21  $                                                                               541,488.13
Marymount University 12  $                           342,320.74        12  $                                                                               377,488.07
Maryland Institute, College Of Art 20  $                           331,010.14        20  $                                                                               489,804.92
Georgetown University 14  $                           320,022.78        14  $                                                                               359,648.54
Berklee College Of Music 11  $                           285,670.48        11  $                                                                               393,892.27
Townson University 30  $                           263,024.98        30  $                                                                               324,743.66
Salisbury University 18  $                           242,896.87        18  $                                                                               283,595.43
Loyola College In Maryland 19  $                           240,849.83        19  $                                                                               319,837.16
Coastal Carolina University 17  $                           232,398.55        17  $                                                                               280,168.26
University Of Alabama 8  $                           222,021.99        8  $                                                                               231,342.05
James Madison University 14  $                           211,700.64        14  $                                                                               237,352.73
St Johns University, Ny 8  $                           211,169.18        8  $                                                                               217,365.39
Virginia Commonwealth University 7  $                           202,565.37        7  $                                                                               214,173.03
University Of Pittsburgh 9  $                           192,390.34        9  $                                                                               200,656.56
George Mason University 11  $                           187,232.02        11  $                                                                               213,453.15
University Of Tennessee 5  $                           175,502.71        5  $                                                                               188,399.56
Williams College 7  $                           175,033.92        7  $                                                                               310,158.56
Messiah University 8  $                           160,987.15        8  $                                                                               181,257.93
North Carolina State University At Raleigh 6  $                           153,700.49        6  $                                                                               159,827.81
Hood College 9  $                           151,281.83        9  $                                                                               197,962.68
Mgh Institute Of Health Professions 4  $                           146,605.08        4  $                                                                               182,128.17
Massachusetts Institute Of Technology 2  $                           136,943.33        2  $                                                                               155,790.74
Notre Dame Of Maryland University 8  $                           133,940.93        8  $                                                                               139,009.89
Curry College 12  $                           133,588.66        12  $                                                                               208,151.37
York College Of Pennsylvania 12  $                           133,390.08        12  $                                                                               182,796.42
University Of Tampa 6  $                           123,631.97        6  $                                                                               163,557.50
Mount Holyoke College 6  $                           120,434.66        6  $                                                                               270,205.76
Syracuse University 3  $                           117,508.53        3  $                                                                               118,255.00
Howard University 4  $                           116,252.04        4  $                                                                               117,262.00
University Of Massachusetts At Amherst 17  $                           114,696.88        17  $                                                                               322,977.29
Rochester Inst Of Tech 7  $                           114,545.03        7  $                                                                               131,056.27
Tulane University 2  $                           109,543.71        2  $                                                                               145,425.55
College Of Charleston 3  $                           108,495.76        3  $                                                                               109,827.38
Goucher College 11  $                           107,563.54        11  $                                                                               127,362.12
Belmont University 3  $                           103,815.19        3  $                                                                               104,571.40
Pace University 4  $                           103,162.77        4  $                                                                               115,144.31
Tufts University 5  $                           100,584.66        5  $                                                                               206,990.86
Delaware Valley Coll 5  $                              99,458.69        5  $                                                                               103,549.66
Clark University 10  $                              97,755.66        10  $                                                                               118,864.33
Bentley College 7  $                              97,624.84        7  $                                                                               117,848.87
Bucknell University 5  $                              95,644.45        5  $                                                                               108,027.86
Shenandoah University 5  $                              92,119.86        5  $                                                                               115,926.92
Norfolk State University 5  $                              90,078.65        5  $                                                                               113,298.16
University Of North Carolina-Wilmington 5  $                              84,585.81        5  $                                                                               118,642.76
Mcdaniel College 9  $                              84,374.00        9  $                                                                                  97,280.12
Shippensburg University 7  $                              83,301.58        7  $                                                                               101,253.19
Cornell University 1  $                              82,901.00        1  $                                                                                  82,901.00
Dean  College 4  $                              81,965.90        4  $                                                                                  92,159.75
Milwaukee Sch Of Engineering 4  $                              81,958.87        4  $                                                                                  82,573.84
Arizona State University 5  $                              81,559.00        5  $                                                                                  81,559.00
Auburn University 5  $                              81,321.22        5  $                                                                                  90,000.00
The University Of Virginia 2  $                              80,549.74        2  $                                                                                  84,951.85
University Of New Haven 4  $                              77,370.62        4  $                                                                                  93,607.59
Northwestern University 2  $                              73,006.09        2  $                                                                                  92,273.06
Drexel University 5  $                              72,955.51        5  $                                                                                  91,781.66
Eckerd College 2  $                              72,597.43        2  $                                                                                  72,617.37
Pennsylvania College Of Technology 4  $                              71,145.21        4  $                                                                                  97,957.10
Florida Institute Of Technology 3  $                              69,542.61        3  $                                                                                  84,823.15
Medical University Of S. Carolina 2  $                              67,953.00        2  $                                                                                  67,953.00
Univ No Carolina/Greensboro 8  $                              65,153.44        8  $                                                                                  77,253.00
Marist College 3  $                              64,457.69        3  $                                                                                  86,530.18
Susquehanna University 3  $                              61,425.43        3  $                                                                                  67,000.00
Wellesley College 9  $                              61,406.41        9  $                                                                               170,303.41
Thomas Jefferson Univ 2  $                              60,730.00        2  $                                                                                  81,378.85
University Of California Santa Barbara 1  $                              60,000.00        1  $                                                                                  60,000.00
Rice Grad Sch Of Business 4  $                              59,730.64        4  $                                                                                  98,955.42
Rensselaer Polytechnic Institute 4  $                              59,642.13        4  $                                                                                  66,440.94
North Carolina A&T State Univ 4  $                              59,417.06        4  $                                                                                  59,871.19
University Of Mary Washington 5  $                              58,968.07        5  $                                                                                  69,396.77
Oberlin College 4  $                              58,136.75        4  $                                                                                  62,054.61
Massachusetts College Of Pharmacy & Health Science 4  $                              57,324.72        4  $                                                                                  59,994.90
Simmons University 7  $                              56,772.37        7  $                                                                                  85,365.66
Morehouse College 2  $                              55,000.00        2  $                                                                                  55,000.00
Worcester Polytechnic Institute 1  $                              54,573.58        1  $                                                                                  55,512.92
Amherst College 5  $                              54,126.14        5  $                                                                               162,487.16
Liberty University 5  $                              54,039.20        5  $                                                                                  56,330.49
Merrimack College 8  $                              52,820.34        8  $                                                                               149,749.49
Loyola Law School 1  $                              52,388.91        1  $                                                                                  59,426.88
St Mary'S College Of Maryland 7  $                              52,164.07        7  $                                                                                  68,474.25
Randolph-Macon College 5  $                              52,125.29        5  $                                                                                  56,866.13
University Of Maryland At Baltimore 5  $                              52,040.83        5  $                                                                                  63,700.00
University Of Mississippi 3  $                              50,577.94        3  $                                                                                  68,664.30
University Of Dallas 6  $                              50,266.43        6  $                                                                                  54,374.58
American  Musical & Dramatic Academy 3  $                              50,243.71        3  $                                                                                  53,392.00
Dickinson College 2  $                              49,857.85        2  $                                                                                  88,679.48
Middle Tennessee State University 2  $                              49,808.79        2  $                                                                                  55,152.80
Baylor University 1  $                              49,726.00        1  $                                                                                  49,726.00
Vassar College 2  $                              48,775.99        2  $                                                                                  53,321.68
Frostburg State University 5  $                              47,202.58        5  $                                                                                  49,647.00
Harvard University 4  $                              47,052.91        4  $                                                                               106,573.11
University Of Maryland Global Campus 7  $                              45,884.52        7  $                                                                                  75,729.80
Rhode Island School Of Design 2  $                              45,351.05        2  $                                                                                  58,433.93
University Of Toledo 1  $                              42,563.00        1  $                                                                                  42,563.00
University Of Colorado Boulder 2  $                              42,139.45        2  $                                                                                  44,389.17
Case Western Reserve Univ 1  $                              41,755.25        1  $                                                                                  44,514.06
Christopher Newport Univ. 3  $                              41,678.98        3  $                                                                                  49,861.03
Bryant University 3  $                              41,403.01        3  $                                                                                  47,061.71
Gordon College 8  $                              41,383.71        8  $                                                                               150,478.43
University Of Louisville 2  $                              40,373.03        2  $                                                                                  47,252.13
Purdue University West Lafayette 6  $                              40,056.46        6  $                                                                                  40,085.00
Providence College 1  $                              40,000.00        1  $                                                                                  40,000.00
University Of Kentucky 4  $                              39,436.99        4  $                                                                                  62,717.00
University Of Miami 1  $                              38,788.78        1  $                                                                                  40,003.15
University Of Notre Dame 2  $                              37,592.41        2  $                                                                                  40,360.01
Bryn Athyn College Of The New Church 2  $                              37,519.31        2  $                                                                                  38,591.52
Yale University 2  $                              37,253.95        2  $                                                                                  39,035.20
Community College Of Baltimore County 4  $                              37,226.12        4  $                                                                                  47,980.11
Montana St Univ 1  $                              37,005.00        1  $                                                                                  37,005.00
University Of Pennsylvania 1  $                              36,650.05        1  $                                                                                  41,513.00
Claremont Mckenna Coll 1  $                              35,365.54        1  $                                                                                  43,750.00
Wesleyan University 2  $                              34,806.29        2  $                                                                                  50,284.00
Univ Of South Florida - Sarasota 5  $                              34,664.99        5  $                                                                                  36,037.00
College Of William & Mary 1  $                              33,215.96        1  $                                                                                  36,525.35
St Francis University 2  $                              32,049.33        2  $                                                                                  33,435.04
Montgomery College 3  $                              31,886.87        3  $                                                                                  33,010.00
Shepherd College 2  $                              31,434.90        2  $                                                                                  35,039.51
Univ Of So. California 2  $                              31,428.16        2  $                                                                                  38,260.53
Univ Of Rochester 2  $                              31,218.82        2  $                                                                                  55,466.27
Campbell University 2  $                              31,200.00        2  $                                                                                  31,200.00
Saint Anselm College 1  $                              30,732.76        1  $                                                                                  40,431.50
Suny Col Of Agr & Tech At Cobleskill 1  $                              30,141.19        1  $                                                                                  30,429.19
University Of Massachusetts Dartmouth 5  $                              30,056.08        5  $                                                                                  64,556.86
University Of North Carolina At Charlotte 1  $                              29,400.31        1  $                                                                                  30,364.50
Allegheny College 2  $                              29,008.85        2  $                                                                                  34,564.65
Grove City College 7  $                              28,906.14        7  $                                                                                  65,014.36
University Of South Carolina Columbia 2  $                              28,803.57        2  $                                                                                  29,200.33
Michigan State University 2  $                              28,697.00        2  $                                                                                  28,697.00
Appalachian State University 1  $                              28,081.40        1  $                                                                                  29,281.09
High Point University 1  $                              27,960.32        1  $                                                                                  28,000.00
Barton College 1  $                              27,641.29        1  $                                                                                  28,359.09
Alvernia University 3  $                              27,557.52        3  $                                                                                  28,580.15
Rowan University 2  $                              27,355.00        2  $                                                                                  27,355.00
Columbia University 2  $                              26,881.27        2  $                                                                                  41,891.79
Elizabethtown College 2  $                              26,753.20        2  $                                                                                  29,090.48
University Of Massachusetts Lowell 2  $                              26,730.00        2  $                                                                                  31,939.31
Western New England University 2  $                              26,706.15        2  $                                                                                  84,941.14
Mount Ida 2  $                              26,325.34        2  $                                                                                  40,309.31
Morgan State University 2  $                              26,140.42        2  $                                                                                  27,055.79
Montserrat College Of Art 6  $                              26,130.80        6  $                                                                                  81,522.90
University Of Wisconsin - Madison 1  $                              26,082.75        1  $                                                                                  52,523.41
University Of Richmond 1  $                              25,923.26        1  $                                                                                  26,715.53
Trinity College 1  $                              25,556.95        1  $                                                                                  31,767.89
Suffolk University 2  $                              25,536.89        2  $                                                                                  39,152.84
Wilmington University 4  $                              25,431.27        4  $                                                                                  26,526.03
Quinnipiac University 3  $                              25,359.00        3  $                                                                                  25,359.00
Kenyon College 2  $                              24,936.79        2  $                                                                                  33,579.00
Anne Arundel Community College 2  $                              24,206.62        2  $                                                                                  25,078.07
Catholic Univ Of America 4  $                              23,981.88        4  $                                                                                  90,006.98
Southern New Hampshire University 3  $                              23,953.42        3  $                                                                                  27,125.90
University Of Lynchburg 2  $                              23,937.75        2  $                                                                                  27,070.42
Seton Hall University 1  $                              22,955.77        1  $                                                                                  25,036.07
Albright College 2  $                              22,732.68        2  $                                                                                  33,248.09
Bowie State University 4  $                              22,702.89        4  $                                                                                  29,253.41
College Of Southern Maryland 2  $                              22,243.34        2  $                                                                                  22,690.94
Lincoln University 1  $                              22,000.00        1  $                                                                                  22,000.00
Connecticut College 3  $                              21,859.26        3  $                                                                                  33,338.59
Arcadia University 2  $                              21,376.65        2  $                                                                                  40,860.96
Smith College 4  $                              20,803.87        4  $                                                                               107,129.09
Northern Arizona University 1  $                              20,488.52        1  $                                                                                  31,256.37
Univ Minnesota Rochester 1  $                              20,281.83        1  $                                                                                  22,000.00
Long Island University 1  $                              20,000.00        1  $                                                                                  20,000.00
Regent University 1  $                              19,495.44        1  $                                                                                  22,500.84
Regis University 1  $                              19,401.61        1  $                                                                                  25,616.86
Southern Methodist University 1  $                              19,302.42        1  $                                                                                  33,619.79
Colby-Sawyer College 1  $                              18,903.99        1  $                                                                                  27,086.45
Lynn University 1  $                              18,782.34        1  $                                                                                  21,000.00
Depaul University 3  $                              18,302.91        3  $                                                                                  45,304.48
Villanova Univ/Law Sch 1  $                              18,240.96        1  $                                                                                  45,070.17
Oregon Health &Science Univ 1  $                              18,227.16        1  $                                                                                  21,485.77
Franklin And Marshall College 1  $                              18,000.00        1  $                                                                                  18,000.00
Duquesne University 1  $                              17,866.00        1  $                                                                                  17,866.00
Fairleigh Dickinson University 1  $                              17,800.00        1  $                                                                                  17,800.00
School Of The Museum Of Fine Arts 3  $                              17,557.16        3  $                                                                                  41,625.97
Belmont Abbey College 2  $                              17,059.83        2  $                                                                                  19,218.09
Lake Erie Coll Of Osteo Med 1  $                              16,551.73        1  $                                                                                  22,000.00
Lebanon Valley College 1  $                              15,462.35        1  $                                                                                  17,326.12
University Of Massachusetts Boston 2  $                              15,204.52        2  $                                                                                  30,002.19
Waynesburg College 1  $                              15,188.90        1  $                                                                                  20,234.46
No Carolina School Of The Arts 1  $                              15,181.08        1  $                                                                                  15,410.00
Johns Hopkins University 3  $                              15,052.96        3  $                                                                                  50,299.71
University Of Central Florida 1  $                              15,000.00        1  $                                                                                  15,000.00
University Of Baltimore 1  $                              15,000.00        1  $                                                                                  15,000.00
University Of Florida 2  $                              14,884.80        2  $                                                                                  18,487.82
University Of Northwestern Ohio 1  $                              14,497.80        1  $                                                                                  15,655.01
Flagler College 1  $                              14,246.27        1  $                                                                                  29,630.00
Rollins College 1  $                              14,136.17        1  $                                                                                  15,906.85
Mt St Marys College 1  $                              13,411.18        1  $                                                                                  21,243.07
Alma College 1  $                              13,321.41        1  $                                                                                  14,009.00
University Of Cincinnati 1  $                              13,254.34        1  $                                                                                  15,216.00
U Wisc Stevens Point 1  $                              13,087.61        1  $                                                                                  13,100.08
Indiana State University 3  $                              13,049.43        3  $                                                                                  22,967.00
The Ohio State University Columbus 3  $                              12,949.03        3  $                                                                                  25,091.32
Notre Dame College Of Ohio 1  $                              12,913.07        1  $                                                                                  13,397.34
Nova Southeastern University 1  $                              12,709.00        1  $                                                                                  12,709.00
University Of Georgia 1  $                              12,500.00        1  $                                                                                  25,000.00
Florida State University 1  $                              11,660.80        1  $                                                                                  13,000.00
Pittsburgh Inst Of Aeronautics 1  $                              10,888.39        1  $                                                                                  21,035.46
Clark Atlanta University 1  $                              10,332.49        1  $                                                                                  13,000.00
Garrett College 2  $                              10,000.00        2  $                                                                                  10,000.00
University Of Missouri-Columbia 2  $                                 9,852.35        2  $                                                                                  15,301.64
Fitchburg State University 4  $                                 9,837.33        4  $                                                                                  21,395.59
Westfield State University 1  $                                 9,755.68        1  $                                                                                  18,607.50
Loyola University 1  $                                 9,611.95        1  $                                                                                  16,740.09
Brandeis University 3  $                                 9,584.96        3  $                                                                                  70,387.95
Community Col Of Allegheny County 2  $                                 9,286.60        2  $                                                                                  10,359.46
University Of Southern Maine 2  $                                 9,260.00        2  $                                                                                     9,260.00
Westmont College 1  $                                 9,081.64        1  $                                                                                  10,834.25
University Of Northern Colorado 2  $                                 8,951.32        2  $                                                                                     9,300.00
Columbia College 1  $                                 8,870.28        1  $                                                                                  10,000.80
University Of Arizona 1  $                                 8,635.43        1  $                                                                                  10,019.16
Carnegie Mellon University 1  $                                 8,258.08        1  $                                                                                  12,000.00
Front Range Com College 3  $                                 8,161.92        3  $                                                                                  10,522.00
University Of Maine Orono 1  $                                 8,161.91        1  $                                                                                  12,315.13
Greensboro College 2  $                                 8,139.27        2  $                                                                                     9,030.72
Minnesota State University - Moorhead 1  $                                 8,015.88        1  $                                                                                  12,003.05
Davis And Elkins College 1  $                                 7,743.10        1  $                                                                                     9,088.48
Radford University 1  $                                 7,500.00        1  $                                                                                     7,500.00
Catawba College 2  $                                 7,416.00        2  $                                                                                     7,416.00
Keiser University 1  $                                 7,388.98        1  $                                                                                  11,182.65
Muhlenberg College 1  $                                 6,655.11        1  $                                                                                  14,000.00
Kent State University 2  $                                 5,619.61        2  $                                                                                  10,600.00
Husson University 1  $                                 5,600.00        1  $                                                                                     5,600.00
Lehigh University 1  $                                 5,432.33        1  $                                                                                  17,256.45
Univ Of Iowa 1  $                                 5,229.70        1  $                                                                                  10,127.38
Sweet Briar College 1  $                                 5,064.36        1  $                                                                                     5,451.00
Ball State University 1  $                                 4,019.26        1  $                                                                                     4,437.75
Stevenson University 1  $                                 3,858.98        1  $                                                                                     9,500.00
University Of North Texas 1  $                                 3,803.66        1  $                                                                                     8,500.00
Bay Path University 1  $                                 2,832.64        1  $                                                                                  12,807.89
Springfield College 2  $                                 1,833.10        2  $                                                                                  11,321.85
Western Mich Cooley Law 1  $                                 1,020.83        1  $                                                                                     1,027.61
Howard Community College 2  $                                 1,014.39        2  $                                                                                     4,820.00
Rate Range Number of Student Loan Holders Sum of Financial Award Amount
0.0%-.0.99%
1.0%-1.99%
2.0%-2.99%
3.0%-3.99%
4.0%-4.99%
5.0%-5.99%
6.0%-6.99% 65  $               1,561,694.29
7.0%-7.99% 47  $                   978,807.00
8.0%-8.99% 174  $               3,601,529.92
Totals 286  $               6,142,031.21