Fitch: U.S. FFELP ABS Review Yields 473 Affirmations.

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Following a recently completed review of 29 outstanding Federal Family Education Loan Program The Federal Family Education Loan Program (FFELP) is a United States Department of Education program that provides for private organizations to market, originate, and service federally guaranteed loans, such as Stafford and PLUS loans to students and their parents. (FFELP FFELP Federal Family Education Loan Program ) loan transactions, Fitch Ratings Fitch Ratings

An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. has affirmed af·firm
v. af·firmed, af·firm·ing, af·firms

v.tr.
1. To declare positively or firmly; maintain to be true.

2. To support or uphold the validity of; confirm.

v.intr. 473 classes. These FFELP trusts transactions are structured with an irrevocable Unable to cancel or recall; that which is unalterable or irreversible.

IRREVOCABLE. That which cannot be revoked.
2. A will may at all times be revoked by the same person who made it, he having a disposing mind; but the moment the testator is bond insurance policy. The collateral collateral (kəlăt`ərəl), something of value given or pledged as security for payment of a loan. Collateral consists usually of financial instruments, such as stocks, bonds, and negotiable paper, rather than physical goods, although securing the debt includes only FFELP loans, which are guaranteed by an eligible guarantor guarantor n. a person or entity that agrees to be responsible for another's debt or performance under a contract, if the other fails to pay or perform. (See: guarantee)

GUARANTOR, contracts. He who makes a guaranty.
2. to at least 97% of principal and accrued interest Accrued Interest

The interest that has accumulated on a bond since the last interest payment up to but not including the settlement date.

There are two methods for calculating accrued interest:
1) 360-day year method, used for corporate and municipal bonds. , depending on loan origination The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page. date. The loans are also reinsured by the U.S. Department of Education up to the same amounts.

Overall, collateral performance for all of the trusts has been consistent with or better than expectations from a net default and delinquency delinquency

Criminal behaviour carried out by a juvenile. Young males make up the bulk of the delinquent population (about 80% in the U.S.) in all countries in which the behaviour is reported. perspective. As a result, trust asset to liability or parity parity or space parity, in physics, quantity that refers to the relationship between an object or process and the image that it can produce in a mirror. ratios have increased due to positive levels of excess spread generated.

Fitch fitch: see polecat. has affirmed the following FFELP trusts:

College Loan Trust I - Amended a·mend
v. a·mend·ed, a·mend·ing, a·mends

v.tr.
1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive.

2. and Restated 2003 Indenture An agreement declaring the benefits and obligations of two or more parties, often applicable in the context of Bankruptcy and bond trading.

The term indenture primarily describes secured contracts and has several applications in U.S. law. of Trust (2002), 2002-1

--Class A-4 at 'AAA'

--Class A-5 at 'AAA'

--Class A-6 at 'AAA'

--Class A-9 at 'AAA'

--Class B-1 at 'A'

College Loan Trust I - Amended and Restated 2003 Indenture of Trust (2002), 2002-2

--Class A-10 at 'AAA'

--Class A-11 at 'AAA'

--Class A-12 at 'AAA'

--Class A-13 at 'AAA'

--Class A-15 at 'AAA'

--Class A-16 at 'AAA'

--Class A-21 at 'AAA'

--Class A-22 at 'AAA'

--Class A-23 at 'AAA'

--Class A-24 at 'AAA'

--Class A-25 at 'AAA'

--Class A-26 at 'AAA'

--Class A-27 at 'AAA'

--Class A-28 at 'AAA'

--Class A-29 at 'AAA'

--Class A-30 at 'AAA'

--Class B-2 at 'A'

--Class B-3 at 'A'

--Class B-4 at 'A'

College Loan Trust I - Amended and Restated 2003 Indenture of Trust (2002), 2003-1

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

--Class A-4 at 'AAA'

--Class A-5 at 'AAA'

--Class A-6 at 'AAA'

--Class A-7 at 'AAA'

--Class A-8 at 'AAA'

--Class B-1 at 'A'

--Class B-2 at 'A'

College Loan Trust I - Amended and Restated 2003 Indenture of Trust (2002), 2003-2

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

College Loan Trust I - Amended and Restated 2003 Indenture of Trust (2002), 2004-1

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

--Class A-4 at 'AAA'

--Class B-1 at 'A'

College Loan Trust I - Amended and Restated 2003 Indenture of Trust (2002), 2005-1

--Class A-1 at 'AAA'

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

--Class A-4 at 'AAA'

--Class A-5 at 'AAA'

--Class B-1 at 'A'

College Loan Trust I - Amended and Restated 2003 Indenture of Trust (2002), 2006-1

--Class A-1 at 'AAA'

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

--Class A-4 at 'AAA'

--Class A-5 at 'AAA'

--Class A-6 at 'AAA'

--Class A-7A at 'AAA'

--Class A-7B at 'AAA'

--Class A-IO at 'AAA'

--Class B-1 at 'A'

Education Lending Group, Inc. - Education Funding Capital Trust - IV, 2004

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

--Class A-4 at 'AAA'

--Class A-5 at 'AAA'

--Class A-6 at 'AAA'

--Class B-1 at 'A'

Higher Education higher education

Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. Funding I - Amended and Restated 2005 Indenture of Trust (2004), 2004-1

--Class A-1 at 'AAA'

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

--Class A-4 at 'AAA'

--Class A-5 at 'AAA'

--Class A-6 at 'AAA'

--Class A-9 at 'AAA'

--Class A-10 at 'AAA'

--Class A-12 at 'AAA'

--Class A-13 at 'AAA'

--Class A-14 at 'AAA'

--Class A-15 at 'AAA'

--Class B-1 at 'A'

--Class B-2 at 'A'

Higher Education Funding I - Amended and Restated 2005 Indenture of Trust (2004), 2005-1

--Class A-1 at 'AAA'

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

--Class A-4 at 'AAA'

--Class A-5 at 'AAA'

Illinois Illinois, river, United States
Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway. Student Assistance Commission - 1995 General Resolution (IL), 1995-1

--Class 1 at 'AAA'

Illinois Student Assistance Commission - 1995 General Resolution (IL), 1995-2

--Class 2 at 'A'

Illinois Student Assistance Commission - 1995 General Resolution (IL), 1997

--Class 3 at 'AAA'

Illinois Student Assistance Commission - 1995 General Resolution (IL), 1998

--Class 4 at 'AAA'

Illinois Student Assistance Commission - 1995 General Resolution (IL), 2000-1

--Class 5 at 'AAA'

--Class 6 at 'A'

Illinois Student Assistance Commission - 1995 General Resolution (IL), 2000-2

--Class 7A at 'AAA'

--Class 7B at 'AAA'

--Class 7C at 'AAA'

--Class 8 at 'A'

Illinois Student Assistance Commission - 1995 General Resolution (IL), 2001

--Class 9A at 'AAA'

--Class 9B at 'AAA'

--Class 10 at 'A'

Illinois Student Assistance Commission - 1995 General Resolution (IL), 2002

--Class 11A at 'AAA'

--Class 11B at 'AAA'

--Class 12 at 'A'

Illinois Student Assistance Commission - General Resolution 1992- Alphabetical (IL), 1992

--Class CC at 'A'

Illinois Student Assistance Commission - General Resolution 1992- Alphabetical (IL), 1995-2

--Class HH at 'AAA'

--Class II at 'A'

Illinois Student Assistance Commission - General Resolution 1992- Alphabetical (IL), 1997

--Class JJ at 'AAA'

--Class LL at 'AAA'

Illinois Student Assistance Commission - General Resolution 1992- Alphabetical (IL), 1998

--Class MM at 'AAA'

--Class NN at 'AAA'

--Class OO at 'A'

Illinois Student Assistance Commission - General Resolution 1992- Alphabetical (IL), 2000-1

--Class SS-I at 'AAA'

--Class SS-II at 'AAA'

--Class UU 9/1/08 at 'AAA'

Illinois Student Assistance Commission - General Resolution 1992- Alphabetical (IL), 2000-2

--Class VV-I at 'AAA'

--Class VV-II at 'AAA'

--Class VV-III at 'AAA'

--Class XX 9/1/08 at 'AAA'

Illinois Student Assistance Commission - General Resolution 1992- Alphabetical (IL), 2001

--Class YY-I at 'AAA'

--Class YY-II at 'AAA'

--Class YY-III at 'AAA'

KeyCorp Student Loan Trust 2005-A (Group I), 2005-A

--Class I-A-1 at 'AAA'

--Class I-A-2 at 'AAA'

--Class I-B at 'AA'

Nelnet Student Loan Trust 2006-1, 2006-1

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

--Class A-4 at 'AAA'

--Class A-5 at 'AAA'

--Class A-6 at 'AAA'

--Class B at 'AA+'

Panhandle-Plains Higher Education Authority The Higher Education Authority^[1] (HEA) is the authority in Ireland with responsibility for higher education since 1968 and placed on a statutory basis in 1971. The authority supports HEAnet, part of the GEANT network. , Inc. - 2000 AHEA-1 Indenture (fka Abilene Abilene (ăb`ĭlēn).

1 City (1990 pop. 6,242), seat of Dickinson co., central Kans., on the Smoky Hill River; inc. 1869. It was (1867–71) a railhead for a large cattle-raising region extending SW into Texas. HEA HEA Higher Education Academy (York, UK)
HEA Higher Education Act of 1965
HEA Higher Education Authority
HEA Health Education Authority
HEA High Energy Astrophysics
HEA Happily Ever After
HEA Hockey East Association 1993 Trust) (TX), 1993

--Class B 7/1/07 at 'AAA'

--Class B 7/1/08 at 'AAA'

--Class C at 'A'

Panhandle-Plains Higher Education Authority, Inc. - 2000 AHEA-1 Indenture (fka Abilene HEA 1993 Trust) (TX), 1995

--Class B at 'AAA'

Panhandle-Plains Higher Education Authority, Inc. - 2000 AHEA-1 Indenture (fka Abilene HEA 1993 Trust) (TX), 1997

--Class A at 'AAA'

Panhandle-Plains Higher Education Authority, Inc. - 2000 AHEA-1 Indenture (fka Abilene HEA 1993 Trust) (TX), 1998

--Class A at 'AAA'

--Class B at 'A'

Panhandle-Plains Higher Education Authority, Inc. - 2000 AHEA-1 Indenture (fka Abilene HEA 1993 Trust) (TX), 2002

--Class A-1 1/1/32 at 'AAA'

--Class A-1 7/1/10 at 'AAA'

--Class A-1 7/1/12 at 'AAA'

Panhandle-Plains Higher Education Authority, Inc. - 2000 AHEA-1 Indenture (fka Abilene HEA 1993 Trust) (TX), 2005

--Class A-3 at 'AAA'

Panhandle-Plains Higher Education Authority, Inc. - Amended and Restated 1999 Indenture Trust (1993) (TX), 1999

--Class A-1 at 'AAA'

Panhandle-Plains Higher Education Authority, Inc. - Amended and Restated 1999 Indenture Trust (1993) (TX), 2001-1

--Class A-1 at 'AAA'

--Class A-3 at 'AAA'

--Class B-1 at 'A'

Panhandle-Plains Higher Education Authority, Inc. - Amended and Restated 1999 Indenture Trust (1993) (TX), 2001-2

--Class A-4 at 'AAA'

--Class A-5 at 'AAA'

--Class B-2 at 'A'

Pennsylvania Higher Education Assistance Agency The Pennsylvania Higher Education Assistance Agency, or "PHEAA", headquartered in Harrisburg, Pennsylvania, with regional offices throughout the state , is the quasi-governmental agency that administers several State higher education student financial aid programs. (PHEAA PHEAA Pennsylvania Higher Education Assistance Agency ) - 1997 Trust Indenture (PA), 1997

--Class A at 'AAA'

--Class B at 'A+'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 1998-1

--Class C at 'AAA'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 1998-2

--Class D at 'AAA'

--Class E at 'A+'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2000-1

--Class F-1 at 'AAA'

--Class F-2 at 'AAA'

--Class F-3 at 'AAA'

--Class G at 'A+'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2000-2

--Class H at 'AAA'

--Class I at 'A+'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2000-3

--Class J-1 at 'AAA'

--Class J-2 at 'AAA'

--Class J-3 at 'AAA'

--Class J-4 at 'AAA'

--Class K at 'A+'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2001

--Class L-1 at 'AAA'

--Class L-2 at 'AAA'

--Class M at 'A+'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2002-1

--Class N-1 at 'AAA'

--Class N-2 at 'AAA'

--Class O at 'A+'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2002-2

--Class P-1 at 'AAA'

--Class P-2 at 'AAA'

--Class Q at 'A+'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2002-3

--Class R-1 at 'AAA'

--Class R-2 at 'AAA'

--Class S at 'A+'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2002-4

--Class T-1 at 'AAA'

--Class T-2 at 'AAA'

--Class T-3 at 'AAA'

--Class T-4 at 'AAA"

--Class T-5 at 'AAA'

--Class U at 'A+'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2002-5

--Class V-1 at 'AAA'

--Class V-2 at 'AAA'

--Class V-3 at 'AAA'

--Class V-4 at 'AAA'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2003-1

--Class W-1 at 'AAA'

--Class W-2 at 'AAA'

--Class X at 'A+'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2003-2

--Class Y-1 at 'AAA'

--Class Y-2 at 'AAA'

--Class Y-3 at 'AAA'

--Class Y-4 at 'AAA'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2004-1

--Class Z-1 at 'AAA'

--Class Z-2 at 'AAA'

--Class Z-3 at 'AAA'

--Class Z-4 at 'AAA'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2004-2

--Class AA-1 at 'AAA'

--Class AA-2 at 'AAA'

--Class AA-3 at 'AAA'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2004-3

--Class BB-1 at 'AAA'

--Class BB-2 at 'AAA'

--Class BB-3 at 'AAA'

--Class BB-4 at 'AAA'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2005-1

--Class CC-1 at 'AAA'

--Class CC-2 at 'AAA'

--Class CC-3 at 'AAA'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2005-2

--Class DD-1 at 'AAA'

--Class DD-2 at 'AAA'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2005-3

--Class EE-1 at 'AAA'

--Class EE-2 at 'AAA'

--Class EE-3 at 'AAA'

--Class EE-4 at 'AAA'

--Class FF at 'A+'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2005-4

--Class GG-1 at 'AAA'

--Class GG-2 at 'AAA'

--Class GG-3 at 'AAA'

--Class GG-4 at 'AAA'

--Class GG-5 at 'AAA'

--Class GG-6 at 'AAA'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2006-1

--Class HH-1 at 'AAA'

--Class HH-2 at 'AAA'

--Class HH-3 at 'AAA'

--Class HH-4 at 'AAA'

--Class HH-5 at 'AAA'

--Class HH-6 at 'AAA'

--Class HH-7 at 'AAA'

--Class HH-8 at 'AAA'

--Class HH-9 at 'AAA'

--Class HH-10 at 'AAA'

--Class II at 'A+'

Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), 2006-2

--Class JJ-1 at 'AAA'

--Class JJ-2 at 'AAA'

--Class JJ-3 at 'AAA'

--Class JJ-4 at 'AAA'

--Class JJ-5 at 'AAA'

--Class JJ-6 at 'AAA'

--Class JJ-7 at 'AAA'

--Class JJ-8 at 'AAA'

--Class JJ-9 at 'AAA'

--Class JJ-10 at 'AAA'

--Class KK at 'A+'

SLM See service level management system and spatial light modulator. Student Loan Trust 2006-1

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

--Class A-4 at 'AAA'

--Class A-5 at 'AAA'

--Class B at 'AA+'

SLM Student Loan Trust 2006-2, 2006-2

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

--Class A-4 at 'AAA'

--Class A-5 at 'AAA'

--Class A-6 at 'AAA'

--Class B at 'AAA'

SLM Student Loan Trust 2006-3, 2006-3

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

--Class A-4 at 'AAA'

--Class A-5 at 'AAA'

--Class B at 'AA+'

South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures

Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. Student Loan Corp. - 1996 General Resolution (SC), 2002

--Class CP at 'AAA'

--Class L at 'AAA'

South Carolina Student Loan Corp. - 1996 General Resolution (SC), 2003

--Class A-1 at 'AAA'

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

--Class A-4 at 'AAA'

South Carolina Student Loan Corp. - 1996 General Resolution (SC), 2005

--Class A-1 at 'AAA'

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

South Carolina Student Loan Corp. - 1996 General Resolution (SC), 2006

--Class A-1 at 'AAA'

--Class A-2 at 'AAA'

Wyoming Wyoming, city, United States
Wyoming, city (1990 pop. 63,891), Kent co., W Mich., in the greater Grand Rapids metropolitan area, on the Grand River; settled 1832, inc. 1959. Student Loan Corporation - 2000 Trust Indenture (WY), 2000A

--Class A at 'AAA'

Wyoming Student Loan Corporation - 2000 Trust Indenture (WY), 2000B

--Class B at 'A'

Wyoming Student Loan Corporation - 2000 Trust Indenture (WY), 2001A

--Class A at 'AAA'

Wyoming Student Loan Corporation - 2000 Trust Indenture (WY), 2002A

--Class A at 'AAA'

Wyoming Student Loan Corporation - 2000 Trust Indenture (WY), 2002B

--Class B at 'AAA'

Wyoming Student Loan Corporation - 2000 Trust Indenture (WY), 2004A

--Class A at 'AAA'

Wyoming Student Loan Corporation - 2000 Trust Indenture (WY), 2004B

--Class B at 'AAA'

Wyoming Student Loan Corporation - 2000 Trust Indenture (WY), 2005

--Class A at 'AAA'

--Class B at 'A'

Wyoming Student Loan Corporation - 2000 Trust Indenture (WY), 2006

--Class A at 'AAA'

Fitch affirms the following transactions based on the guarantee provided to them by Ambac (Insurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual.

An insurer is frequently an insurance company and is also known as an underwriter. Financial Strength rated 'AAA' by Fitch):

CollegeInvest - March 1, 1999 Indenture of Trust, 1989

-- Class A at 'AAA'

CollegeInvest - March 1, 1999 Indenture of Trust, 1990

-- Class A at 'AAA'

CollegeInvest - March 1, 1999 Indenture of Trust, 1999

-- Class A-2 at 'AAA'

-- Class A-3 at 'AAA'

-- Class A-4 at 'AAA'

Connecticut Connecticut, state, United States
Connecticut (kənĕt`ĭkət), southernmost of the New England states of the NE United States. It is bordered by Massachusetts (N), Rhode Island (E), Long Island Sound (S), and New York (W). Higher Education Supplemental Loan Authority - Amended and Restated 1996 Master (CT), 1998

--Class A-07 at 'AAA'

--Class A-08 at 'AAA'

--Class A-09 at 'AAA'

--Class A-10 at 'AAA'

--Class A-11 at 'AAA'

--Class A-12 at 'AAA'

--Class A-13 at 'AAA'

--Class A-14 at 'AAA'

--Class A-15 at 'AAA'

--Class A-16 at 'AAA'

Connecticut Higher Education Supplemental Loan Authority - Amended and Restated 1996 Master (CT), 1999

--Class A 11/15/07 at 'AAA'

--Class A 11/15/08 at 'AAA'

--Class A 11/15/09 at 'AAA'

--Class A 11/15/10 at 'AAA'

--Class A 11/15/11 at 'AAA'

--Class A 11/15/12 at 'AAA'

--Class A 11/15/13 at 'AAA'

--Class A 11/15/18 at 'AAA'

Maine Maine, ship
Maine, U.S. battleship destroyed (Feb. 15, 1898) in Havana harbor by an explosion that killed 260 men. The incident helped precipitate the Spanish-American War (Apr., 1898). Commanded by Capt. Charles Sigsbee, the ship had been sent (Jan. Educational Loan Marketing Corp - Amended and Restated 1999 Indenture of Trust (1994) (ME), 1996

--Class A-2 at 'AAA'

Maine Educational Loan Marketing Corp - Amended and Restated 1999 Indenture of Trust (1994) (ME), 1997

--Class A-2 at 'AAA'

Maine Educational Loan Marketing Corp - Amended and Restated 1999 Indenture of Trust (1994) (ME), 1999

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

Massachusetts Massachusetts (măsəch

`sĭts), most populous of the New England states of the NE United States. Educational Financing Authority - Amended and Restated 2001 General Resolution 1992 (MA), 1995

--Class B 7/1/07 at 'AAA'

--Class B 7/1/08 at 'AAA'

--Class B 7/1/10 at 'AAA'

--Class B 7/1/11 at 'AAA'

Massachusetts Educational Financing Authority - Amended and Restated 2001 General Resolution 1992 (MA), 1996

--Class B at 'AAA'

--Class C at 'AAA'

Massachusetts Educational Financing Authority - Amended and Restated 2001 General Resolution 1992 (MA), 1997

--Class B 7/1/07 at 'AAA'

--Class B 7/1/08 at 'AAA'

--Class B 7/1/09 at 'AAA'

--Class B 7/1/10 at 'AAA'

--Class B 7/1/11 at 'AAA'

--Class B 7/1/12 at 'AAA'

--Class B 7/1/14 at 'AAA'

Massachusetts Educational Financing Authority - Amended and Restated 2001 General Resolution 1992 (MA), 1999

--Class A 7/1/07 at 'AAA'

--Class A 7/1/08 at 'AAA'

--Class A 7/1/09 at 'AAA'

--Class A 7/1/10 at 'AAA'

--Class A 7/1/11 at 'AAA'

--Class A 7/1/12 at 'AAA'

--Class A 7/1/13 at 'AAA'

--Class A 7/1/14 at 'AAA'

--Class A 7/1/15 at 'AAA'

--Class A 7/1/16 at 'AAA'

--Class A 7/1/17 at 'AAA'

Massachusetts Educational Financing Authority - Amended and Restated 2001 General Resolution 1992 (MA), 2001

--Class A 1/1/08 at 'AAA'

--Class A 1/1/10 at 'AAA'

--Class A 1/1/11 at 'AAA'

--Class A 1/1/13 at 'AAA'

--Class A 1/1/16 at 'AAA'

--Class B at 'AAA'

--Class C at 'AAA'

--Class D at 'AAA'

Massachusetts Educational Financing Authority - Amended and Restated 2001 General Resolution 1992 (MA), 2002

--Class A 1/1/08 at 'AAA'

--Class A 1/1/09 at 'AAA'

--Class A 1/1/10 at 'AAA'

--Class A 1/1/11 at 'AAA'

--Class A 1/1/12 at 'AAA'

--Class A 1/1/13 at 'AAA'

--Class A 1/1/14 at 'AAA'

--Class B at 'AAA'

--Class C at 'AAA'

--Class D at 'AAA'

--Class E at 'AAA'

Massachusetts Educational Financing Authority - Amended and Restated 2001 General Resolution 1992 (MA), 2003

--Class A at 'AAA'

--Class B at 'AAA'

--Class C at 'AAA'

--Class D at 'AAA'

--Class E at 'AAA'

Massachusetts Educational Financing Authority - Amended and Restated 2001 General Resolution 1992 (MA), 2004

--Class A at 'AAA'

--Class B at 'AAA'

--Class C at 'AAA'

--Class D at 'AAA'

Massachusetts Educational Financing Authority - Amended and Restated 2001 General Resolution 1992 (MA), 2005

--Class A at 'AAA'

--Class B at 'AAA'

--Class C at 'AAA'

--Class D at 'AAA'

Massachusetts Educational Financing Authority - Amended and Restated 2001 General Resolution 1992 (MA), 2006

--Class 2006A-1 at 'AAA'

--Class 2006A-2 at 'AAA'

--Class 2006B at 'AAA'

--Class 2006C at 'AAA'

--Class 2006D at 'AAA'

Missouri Missouri, state, United States
Missouri (mĭz

r`ē, –ə), one of the midwestern states of the United States. Higher Education Loan Authority - 1995 12th General Resolution (MO), 1995A

--Class A at 'AAA'

Missouri Higher Education Loan Authority - 1995 12th General Resolution (MO), 1995 B

--Class B at 'AAA'

Missouri Higher Education Loan Authority - 1995 12th General Resolution (MO), 1995C

--Class C at 'AAA'

Missouri Higher Education Loan Authority - 1995 12th General Resolution (MO), 1995D

--Class D at 'AAA'

Missouri Higher Education Loan Authority - 1995 12th General Resolution (MO), 2006

--Class I at 'AAA'

--Class J at 'AAA'

The following transactions are affirmed based on the guarantee provided to them by MBIA MBIA Montana Building Industry Association
MBIA Municipal Bond Insurance Association
MBIA Michigan Boating Industries Association
MBIA Municipal Bond Investors Assurance
MBIA Massachusetts Brain Injury Association
MBIA Maryland Business Incubation Association (Insurer Financial Strength rated of 'AAA' by Fitch):

Connecticut Higher Education Supplemental Loan Authority - Amended and Restated 1996 Master (CT), 2000

--Class A 11/15/08 at 'AAA'

--Class A 11/15/09 at 'AAA'

--Class A 11/15/10 at 'AAA'

--Class A 11/15/11 at 'AAA'

--Class A 11/15/12 at 'AAA'

--Class A 11/15/13 at 'AAA'

--Class A 11/15/14 at 'AAA'

--Class A 11/15/15 at 'AAA'

--Class A 11/15/17 at 'AAA'

--Class A 11/15/20 at 'AAA'

Connecticut Higher Education Supplemental Loan Authority - Amended and Restated 1996 Master (CT), 2001

--Class A 11/15/10 at 'AAA'

--Class A 11/15/11 at 'AAA'

--Class A 11/15/12 at 'AAA'

--Class A 11/15/13 at 'AAA'

--Class A 11/15/14 at 'AAA'

--Class A 11/15/18 at 'AAA'

--Class A 11/15/21 at 'AAA'

Education Services Foundation - 1996 Trust Indenture, 1996

--Class A at 'AAA'

Education Services Foundation - 1996 Trust Indenture, 2000

--Class A at 'AAA'

Illinois Student Assistance Commission - 1998 General Resolution (IL), 1998

--Class A at 'AAA/F1+'

--Class B at 'AAA/F1+'

Illinois Student Assistance Commission - 1999 General Resolution (IL), 1999

--Class A-I A-I General Audiences (Catholic movie rating) at 'AAA/F1+'

--Class A-II A-II Adults and Adolescents (Catholic movie rating) at 'AAA/F1+'

--Class B-I B-I Blue Infinity at 'AAA/F1+'

--Class B-II at 'AAA/F1+'

--Class B-III at 'AAA/F1+'

New Jersey Higher Education Student Assistance Authority - 1998 Indenture of Trust (NJ), 1998

--Class A at 'AAA'

New Jersey Higher Education Student Assistance Authority - 1998 Indenture of Trust (NJ), 1999

--Class A at 'AAA'

New Jersey Higher Education Student Assistance Authority - 1998 Indenture of Trust (NJ), 2000

--Class A at 'AAA'

New Jersey Higher Education Student Assistance Authority - 1998 Indenture of Trust (NJ), 2001

--Class A at 'AAA'

--Class B at 'AAA'

--Class C at 'AAA'

--Class D at 'AAA'

New Jersey Higher Education Student Assistance Authority - 1998 Indenture of Trust (NJ), 2002

--Class A at 'AAA'

--Class B at 'AAA'

--Class C at 'AAA'

--Class D at 'AAA'

New Jersey Higher Education Student Assistance Authority - 1998 Indenture of Trust (NJ), 2003

--Class A at 'AAA'

--Class B at 'AAA'

--Class C at 'AAA'

--Class D at 'AAA'

--Class E at 'AAA'

New Jersey Higher Education Student Assistance Authority - 1998 Indenture of Trust (NJ), 2004

--Class A at 'AAA'

--Class B at 'AAA'

--Class C at 'AAA'

--Class D at 'AAA'

New Jersey Higher Education Student Assistance Authority - 1998 Indenture of Trust (NJ), 2005

--Class A at 'AAA'

--Class B at 'AAA'

--Class C at 'AAA'

--Class D at 'AAA'

New Jersey Higher Education Student Assistance Authority - 1998 Indenture of Trust (NJ), 2006

--Class A at 'AAA'

--Class B at 'AAA'

--Class C at 'AAA'

--Class D at 'AAA'

Oklahoma Oklahoma (ōkləhō`mə), state in SW United States. It is bordered by Missouri and Arkansas (E); Texas, partially across the Red R. (S, W); New Mexico, across the narrow edge of the Oklahoma Panhandle (W); and Colorado and Kansas (N). Student Loan Authority (OK), 1996

--Class A at 'AAA'

Oklahoma Student Loan Authority (OK), 1997

--Class A at 'AAA'

Oklahoma Student Loan Authority (OK), 1998

--Class A at 'AAA'

Oklahoma Student Loan Authority (OK), 2000

--Class A-1 at 'AAA'

--Class A-2 at 'AAA'

--Class A-3 at 'AAA'

--Class A-4 at 'AAA'

Oklahoma Student Loan Authority (OK), 2002

--Class A-1 at 'AAA'

Oklahoma Student Loan Authority (OK), 2003

--Class A-1 at 'AAA'

--Class A-2 at 'AAA'

Oklahoma Student Loan Authority (OK), 2005

--Class A at 'AAA'

Oklahoma Student Loan Authority (OK), 2006

--Class A at 'AAA'

The following transaction is affirmed based on the special capital reserve fund provided by the State of Connecticut (State of Connecticut GOs rated 'AA' by Fitch):

Connecticut Higher Education Supplemental Loan Authority - Amended and Restated 1996 Master (CT), 1996

--Class A 11/05/07 at 'AA-'

--Class A 11/05/08 at 'AA-'

--Class A 11/05/09 at 'AA-'

--Class A 11/05/10 at 'AA-'

--Class A 11/05/11 at 'AA-'

--Class A 11/05/12 at 'AA-'

--Class A 11/05/13 at 'AA-'

--Class A 11/05/14 at 'AA-'

--Class A 11/05/17 at 'AA-'

Connecticut Higher Education Supplemental Loan Authority - Amended and Restated 1996 Master (CT), 1998

--Class B 11/15/07 at 'AA-'

--Class B 11/15/09 at 'AA-'

--Class B 11/15/10 at 'AA-'

Connecticut Higher Education Supplemental Loan Authority - Amended and Restated 1996 Master (CT), 1999

--Class B 11/15/07 at 'AA-'

--Class B 11/15/09 at 'AA-'

--Class B 11/15/10 at 'AA-'

--Class B 11/15/12 at 'AA-'

Connecticut Higher Education Supplemental Loan Authority - Amended and Restated 1996 Master (CT), 2000

--Class B 11/15/09 at 'AA-'

--Class B 11/15/10 at 'AA-'

--Class B 11/15/12 at 'AA-'

The following transactions are affirmed based on a letter of credit provided to them by State Street Bank (Issuer Default Rating [IDR IDR

In currencies, this is the abbreviation for the Indonesian Rupiah.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ]/Short-term Issuer rated 'AA-/F1+' by Fitch):

Loan Star Asset Partners II, L.P. - 1995 Master Trust (fka Greater Texas), 1995

--Class A at 'AA-/F1+'

--Class B at 'AA-/F1+'

--Class B at 'AA-/F1+'

Loan Star Asset Partners II, L.P. - 1995 Master Trust (fka Greater Texas), 1998

--Class A at 'AA-/F1+'

Loan Star Asset Partners II, L.P. - 1995 Master Trust (fka Greater Texas), 2000

--Class A at 'AA-/F1+'

Loan Star Asset Partners, L.P. - 2004 Master Indenture, 2004

--Class A at 'AA-/F1+'

Loan Star Asset Partners, L.P. - 2004 Master Indenture, 2005

--Class A at 'AA-/F1+'

Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used.

In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide. of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria criteria (krītēr´ē

),
n. and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality Restrictions on the accessibility and dissemination of information. Confidentiality is one of the six fundamental components of information security (see Parkerian Hexad). , conflicts of interest, affiliate Affiliate

Relationship between two companies when one company owns substantial interest, but less than a majority of the voting stock of another company, or when two companies are both subsidiaries of a third company. See: Subsidiaries, parent company. firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental are also available from the 'Code of Conduct' section of this site.

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