2011-01-11T13:22:05-06:00 2010-09-30 Mauldin & Jenkins LLC P O Box 1877 Macon GA 312021877 990 2009-10-01 630822405 ALABAMA HIGHER EDUCATION LOAN CORP ALAB 3342659720 100 NORTH UNION STREET SUITE 390 MONTGOMERY AL 36104 A LEE MILLER 3342427160 2011-01-11 1 Wade Sansbury 4784648000 2011-01-11 X 2009 2016-02-24 21:20:13Z A LEE MILLER 1772 PLATT PLACE MONTGOMERY AL 36117 3294257 0 X N/A X 1980 AL TO PROVIDE A SECONDARY MARKET OF STUDENT LOANS FOR LENDERS AND ALABAMA STUDENTS THROUGH THE ISSUANCE OF STUDENT LOAN REVENUE BONDS TO THE PUBLIC. THE PROCEEDS ARE THEN USED TO PURCHASE STUDENT LOANS AND SERVICE THE LOANS. 9 9 0 9 0 0 0 3116137 3294257 30040 0 0 3146177 3294257 0 0 0 0 0 4772940 10786909 4772940 10786909 -1626763 -7492652 91438619 83899360 76687644 76300504 14750975 7598856 TO PROVIDE A SECONDARY MARKET OF STUDENT LOANS FOR LENDERS AND ALABAMA STUDENTS THROUGH THE ISSUANCE OF STUDENT LOAN REVENUE BONDS TO THE PUBLIC. THE PROCEEDS ARE THEN USED TO PURCHASE STUDENT LOANS AND SERVICE THE LOANS. 0 0 10786909 3294257 TO PROVIDE A SECONDARY MARKET OF STUDENT LOANS FOR LENDERS AND ALABAMA STUDENTS THROUGH THE ISSUANCE OF STUDENT LOAN REVENUE BONDS TO THE PUBLIC. THE PROCEEDS ARE THEN USED TO PURCHASE STUDENT LOANS AND SERVICE THE LOANS. 10786909 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 9 9 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 X EVERLENE LOVE 3342659720 100 N UNION STREET SUITE 390 MONTGOMERY AL 36104 X DR GROVER JACOBS X X 0 0 0 RICHARD D BUNTIN X 0 0 0 JOHN HARRISON X X 0 0 0 KAY IVEY X X 0 0 0 GARY WARREN X 0 0 0 BILL NEWTON X X 0 0 0 ELBERT PETERS X 0 0 0 DAVE STEWART X 0 0 0 RICHARD BABINGTON X 0 0 0 0 0 0 0 0 0 0 US DEPARTMENT OF EDUCATION 400 MARYLAND AVENUE SW WASHINGTON DC 20202 SPECIAL ALLOWANCE INTEREST PAYMENTS 1955959 KENTUCKY HIGHER EDUCATION STUDENT LOAN C PO BOX 24266 LOUISVILLE KY 402240266 MANAGEMENT AND LOAN SERVICING 845192 DEUTSCHE BANK 60 WALL STREET NEW YORK NY 10005 BROKER DEALER / AUCTION AGENT FEES 121131 3 STUDENT LOAN INTEREST 900099 3259272 3259272 STUDENT LOAN LATE FEES 900099 34985 34985 3294257 3294257 3294257 0 0 555816 555816 46154 46154 68000 68000 18000 18000 311311 311311 340554 340554 755200 755200 PROVISION FOR LOAN WRIT 6446537 6446537 SPECIAL ALLOWANCE PAYME 1955959 1955959 LOAN ORIGINATION FEES 289378 289378 10786909 10786909 0 0 7830093 12236705 2680528 3460295 970043 934939 79957955 67267421 91438619 83899360 1247111 1200504 75100000 75100000 340533 0 76687644 76300504 X 0 0 0 0 14750975 7598856 14750975 7598856 91438619 83899360 X 0 1 1 X 0 X X X 0 0 0 STATE OF ALABAMA 636000619 6 1 1 1 0 1 0 0 INVESTMENTS IN STUDENT LOANS 67267421 67267421 3294257 10786909 -7492652 340533 340533 -7152119 1338298 -1955959 -1955959 3294257 0 3294257 8490417 -340533 -340533 8830950 1955959 1955959 10786909 Part XI, Line 8 - Other Adjustments: FEDERAL ARBITRAGE REBATE PROVISION (REDUCTION IN LIABILITY): 340533. Part XII, Line 2d - Other Adjustments: SPECIAL ALLOWANCE PAYMENTS TO THE USDOE: -1955959. Part XIII, Line 2d - Other Adjustments: FEDERAL ARBITRAGE REBATE PROVISIONS: -340533. Part XIII, Line 4b - Other Adjustments: SPECIAL ALLOWANCE PAYMENTS TO THE USDOE: 1955959. ALABAMA HIGHER EDUCATION LOAN CORPORATION 630822405 010305EU0 2006-11-27 25000000 TO FINANCE THE ACQUISITION OF ELIGIBLE STUDENT LOANS 0 0 ALABAMA HIGHER EDUCATION LOAN CORPORATION 630822405 010305EV8 2006-11-27 75000000 TO FINANCE THE ACQUISITION OF ELIGIBLE STUDENT LOANS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Form 990, Part VI, Section B, line 11 THE FORM 990 IS DRAFTED BY THE CORPORATION'S CPA. THE FORM 990 IS THEN REVIEWED BY THE CORPORATION'S MANAGEMENT AND THIRD PARTY CONSULTANT AND IS THEN SUBSEQUENTLY GIVEN TO THE ASSISTANT SECRETARY AND BOARD COUNSEL FOR REVIEW AND APPROVAL. ONLY UPON FINAL REVIEW AND APPROVAL IS THE FORM 990 RELEASED. Form 990, Part VI, Section C, line 19 All are available upon request. Form 990, Part XI, Line2c THE CORPORATION DID NOT CHANGE ITS OVERSIGHT PROCESS DURING THE YEAR.