Loan Statistics 1997/98

Federal Loans and most Long Term Institutional Loans are maintained by a mainframe system which was developed in the 1960's by Madison campus programmers. The system is constantly being updated to accomodate changes in regulations and computer technology.


Short Term Loans, and a few Long Term Institutional Loans are maintained by a PC system which was developed by the Bursar's Office staff.


In addition to processing loans for students on the UW Madison campus, we also are responsible for the billing and collection of Perkins Loans which were taken out on the UW Green Bay campus, or a UW Colleges campus. Loans from the majority of other University of Wisconsin campuses are serviced by University Accounting Service.

Vital Statistics - Fiscal Year 1997/98

(Includes only those loans serviced by the Bursar's Office)

Activity Borrowers Amount
Federal Loans Advanced 12,005 $10,345,350.88
Institutional Loans Advanced 2,874 2,443,855.50
Bills & Notices Produced 161,935
Payments Processed 105,104 12,669,466.23
Deferments Processed 11,417
Cancellations Processed 878 547,936.42
Exit Interviews Performed 2,862
Outstanding Portfolio 81,286,418.91
Perkins Default Rate 3.20%