UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| ITEM 2.02 | RESULTS OF OPERATIONS AND FINANCIAL CONDITION. |
On April 24, 2024, Navient Corporation (the “Company”) furnished a Current Report on Form 8-K (the “Original Form 8-K”) that included, as Exhibit 99.2, a press release announcing its financial results for the quarter ended March 31, 2024 (the “Original Exhibit 99.2”). The Original Exhibit 99.2 incorrectly stated on page 2 that, for 4Q23, the “Greater than 30-days delinquency rate”, the “Greater than 90-days delinquency rate” and the “Forbearance rate” in the Federal Education Loans—Financial Results and Key Performance Metrics table was 15.0%, 8.7% and 15.8%, respectively; the corrected press release attached as Exhibit 99.2 to this Amendment reflects the correct “Greater than 30-days delinquency rate”, “Greater than 90-days delinquency rate” and “Forbearance rate” of 13.9%, 7.5% and 16.8%, respectively.
A copy of the corrected press release is furnished as Exhibit 99.2 to this report. The information contained herein, including Exhibit 99.2 hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.
Other than correction of the error discussed in this Current Report on Form 8-K/A, no other changes have been made to the Original Form 8-K or the press release furnished therewith.
| ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS. |
| (d) | Exhibits |
Exhibit Number |
Description | |
| 99.2* | Financial Press Release, dated April 24, 2024 (corrected). | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
| * | Furnished herewith. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NAVIENT CORPORATION | ||||||
| Date: April 25, 2024 | By: | /s/ JOE FISHER | ||||
| Joe Fisher | ||||||
| Chief Financial Officer | ||||||