SMB Private Education Loan Trust 2019-A

151,000,000 Class A-1 Private Education Loan-Backed Notes
Security Details:

Floating Rate: One Month LIBOR + 0.35%
144A CUSIP: 78449T AA9
Reg S CUSIP: U83075 AA6

217,000,000 Class A-2A Private Education Loan-Backed Notes
Security Details:

Fixed Rate: 3.44%
144A CUSIP: 78449T AB7
Reg S CUSIP: U83075 AB4

50,000,000 Class A-2B Private Education Loan-Backed Notes
Security Details:

One Month LIBOR + 0.87%
144A CUSIP: 78449T AC5
Reg S CUSIP: U83075 AC2

35,000,000 Class B Private Education Loan-Backed Notes
Security Details:

Fixed Rate: 4.00%
144A CUSIP: 78449T AD3
Reg S CUSIP: U83075 AD0

100,000 Residual Certificates
Security Details:

144A CUSIP: 78449T 101
Reg S CUSIP: U83075 116

Date of Issue: March 13, 2019

Issue Amount: $453,000,000

Servicer:
Sallie Mae Bank

Indenture Trustee:
Deutsche Bank National Trust Company

Administrator:
Sallie Mae Bank

Underwriters:
Goldman Sachs & Co. LLC
Barclays
Royal Bank of Canada
J.P. Morgan
Credit Suisse