SMS student loan trust 1994B


 

$12,500,000 Floating Rate Class A-1 Student Loan-Backed Notes
$133,926,000 Floating Rate Class A-2 Student Loan-Backed Notes
$5,311,000 Floating Rate Student Loan-Backed Certificates


Quarterly Distribution Reports
Monthly Distribution Report
Prospectus
Current Libor Rates
Quarterly Distribution Factors
Historical Reports

Date of Issue: September 29, 1994

Issue Amount: $151,737,000


Securities Offered:
Floating Rate Class A-1 Asset-Backed Notes in the aggregate principal amount of $12,500,000.
Rate: 30 day LIBOR + 0.10%
CUSIP: 784582AD0

Floating Rate Class A-2 Asset-Backed Notes in the aggregate principal amount of $133,926,000.
Rate: 30 day LIBOR + 0.30%
CUSIP: 784582AE8

Floating Rate Asset-Backed Certificates in the aggregate principal amount of $5,311,000.
Rate: 30 day LIBOR + 0.75%
CUSIP: 784582AF5


Underwriter: CS First Boston

Servicer: Sallie Mae Servicing LP

Eligible Lender Trustee: Bank One

Indenture Trustee: Deutsche Bank Trust Company Americas

Administrator: Sallie Mae

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