NJHESAA

AcronymDefinition
NJHESAANew Jersey Higher Education Student Assistance Authority
References in periodicals archive ?
The NJHESAA 2009 and 2010-2 trusts are collateralized by approximately $202 and $250 million, respectively, of private student loans originated by NJHESAA.
30, 2017, NJHESAA reported a total parity ratio of 123.9%, which included anticipated recoveries from previous defaults.
Operational Capabilities: Day-to day servicing is provided by NJHESAA. Fitch considers NJHESAA an acceptable servicer of private student loans due to its long servicing history.
Servicing Capabilities: Day-to-day servicing is provided by NJHESAA. Fitch believes their servicing operations are acceptable servicer of private student loans since they have been servicing student loans for over 20 years.
The loans were originated under the NJCLASS Loan Program by NJHESAA. The projected remaining defaults are expected to range between 13% - 15% of the current pool balance.