$194,576,000 Class A-1 Floating Rate Student Loan-Backed Sr. Notes
$79,098,000 Class A-2 Floating Rate Student Loan-Backed Sr. Notes
$9,926,000 Floating Rate Student Loan-Backed Subordinate Notes
Quarterly Distribution Reports
Monthly Distribution Reports
Prospectus
Quarterly Distribution Factors
Current LIBOR Rates
Historical Reports
Date of Issue: April 29, 1996
Issue Amount: $283,600,000
Securities Offered:
Class A-1 Floating Rate Asset-Backed Senior Notes in the aggregate principal amount of $194,576,000.
Rate: T-Bill + 0.70%
CUSIP: 784582AJ7
Class A-2 Floating Rate Asset-Backed Senior Notes in the aggregate principal amount of $79,098,000.
Rate: 30 day LIBOR + 0.24%
CUSIP: 784582AK4
Floating Rate Asset-Backed Subordinate Notes in the aggregate principal amount of $9,926,000.
Rate: 30 day LIBOR + 0.60%
CUSIP: 784582AL2
Underwriter: CS First Boston
Servicer: Sallie Mae Servicing LP
Eligible Lender Trustee: Bank One
Indenture Trustee: Deutsche Bank Trust Company Americas
Administrator: Sallie Mae