Navient(NAVI) - 2024 Q2 - Earnings Call Presentation

Federal Education Loans – Projected Cash Flows• FFELP portfolio of $33 billion $800 ($ in millions) 5-Year Projected Annual FFELP Cash Flows 2 $279 $587 $561 $511 $469 $0 $200 $400 $600 Remaining 2024 2025 2026 2027 2028 - no newly originated FFELP loans since 2010 - 97-100% of principal and interest guaranteed by U.S. government • Holding 50 basis points of equity capital against portfolio • Projected cash flows from this portfolio are based on: - cash flows from loans net of secured financing costs - assu ...