XML 64 R47.htm IDEA: XBRL DOCUMENT v3.3.1.900
Borrowings - Additional Information (Details) - USD ($)
3 Months Ended 12 Months Ended
Feb. 25, 2016
Mar. 31, 2016
Dec. 31, 2015
Dec. 19, 2014
Line of Credit Facility [Line Items]        
Short-term borrowings   $ 526,500,000 $ 500,175,000  
Uncommitted federal funds   100,000,000    
Lendable value of collateral   1,500,000,000 1,700,000,000  
ABCP borrowings        
Line of Credit Facility [Line Items]        
Short-term borrowings   526,500,000 $ 500,175,000  
Loans pledged as collateral   $ 902,000,000    
Contractual maturity   2 years    
Contractual maturity term, revolving period   1 year    
Contractual maturity term, amortization period   1 year    
ABCP borrowings | Commercial Paper        
Line of Credit Facility [Line Items]        
Private asset backed commercial paper education loan funding facility $ 750,000,000.0     $ 750,000,000.0
Ownership Interest Percentage   100.00%    
Ownership interest percentage in loan facility       5.00%
Required ownership interest       $ 37,500,000
Funds available for Private Education Loan originations       $ 712,500,000
Financing cost percentage of unused borrowing capacity     0.40%  
LIBOR | ABCP borrowings | Commercial Paper        
Line of Credit Facility [Line Items]        
Basis spread on variable rate 1.00%   0.80%  
Minimum | ABCP borrowings | Commercial Paper        
Line of Credit Facility [Line Items]        
Financing cost percentage of unused borrowing capacity 0.35%      
Maximum | ABCP borrowings | Commercial Paper        
Line of Credit Facility [Line Items]        
Financing cost percentage of unused borrowing capacity 0.45%