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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8
AMENDMENT TO APPLICATION OR REPORT
Filed pursuant to Section 12, 13, or 15(d) of the Securities
Exchange Act of 1934
THE STUDENT LOAN CORPORATION
(Exact name of registrant as specified in its charter)
AMENDMENT NO. 1
The undersigned registrant hereby amends the following items, financial
statements, exhibits or other portions of its quarterly report on Form 10Q for
the period ended 9/30/96 , as set forth in the pages hereto:
The Student Loan Corporation
Tax ID# 16-1427135
Financial Data Schedule
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this amendment to be signed on its behalf by the
undersigned, thereunto duly authorized.
THE STUDENT LOAN CORPORATION
By: /S/ Michael S. Piemonte
Name: Michael S. Piemonte
Title: Vice President, Treasurer
and Chief Financial Officer
Date: January 7, 1997
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND>
This schedule contains summary financial information extracted from the Student
Student Loan Corporation and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<CIK> 0000893955
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> SEP-30-1996
<EXCHANGE-RATE> 1
<CASH> 453
<INT-BEARING-DEPOSITS> 0
<FED-FUNDS-SOLD> 0
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 0
<INVESTMENTS-CARRYING> 0
<INVESTMENTS-MARKET> 0
<LOANS> 6,690,727
<ALLOWANCE> 1,601
<TOTAL-ASSETS> 6,927,575
<DEPOSITS> 0
<SHORT-TERM> 4,132,428
<LIABILITIES-OTHER> 125,223
<LONG-TERM> 2,300,000
0
0
<COMMON> 200
<OTHER-SE> 347,381
<TOTAL-LIABILITIES-AND-EQUITY> 6,927,575
<INTEREST-LOAN> 404,914
<INTEREST-INVEST> 0
<INTEREST-OTHER> 0
<INTEREST-TOTAL> 404,914
<INTEREST-DEPOSIT> 0
<INTEREST-EXPENSE> 272,769
<INTEREST-INCOME-NET> 132,145
<LOAN-LOSSES> 1,796
<SECURITIES-GAINS> 0
<EXPENSE-OTHER> 47,938
<INCOME-PRETAX> 82,448
<INCOME-PRE-EXTRAORDINARY> 48,130
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 48,130
<EPS-PRIMARY> 2.41
<EPS-DILUTED> 2.41
<YIELD-ACTUAL> 0
<LOANS-NON> 0
<LOANS-PAST> 0
<LOANS-TROUBLED> 0
<LOANS-PROBLEM> 0
<ALLOWANCE-OPEN> 0
<CHARGE-OFFS> 0
<RECOVERIES> 0
<ALLOWANCE-CLOSE> 0
<ALLOWANCE-DOMESTIC> 0
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>
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