SMB Private Education Loan Trust 2021-C

223,200,000 Class A-PT Private Education Loan-Backed Notes 
Security Details:

Fixed Rate: 1.39%
144A CUSIP: 83208A AA1
Reg S CUSIP: U83096 AA2

84,400,000 Class A-1 Private Education Loan-Backed Notes 
Security Details:

One Month LIBOR + 0.40%
144A CUSIP: 83208A AC7
Reg S CUSIP: U83096 AC8

161,800,000 Class A-2 Private Education Loan-Backed Notes
Security Details:

One Month LIBOR + 0.80%
144A CUSIP: 83208A AD5
Reg S CUSIP: U83096 AD6

32,400,000 Class B Private Education Loan-Backed Notes
Security Details:

Fixed Rate: 2.30%
144A CUSIP: 83208A AE3
Reg S CUSIP: U83096 AE4

36,200,000 Class C Private Education Loan-Backed Notes
Security Details:

Fixed Rate: 3.00%
144A CUSIP: 83208A AF0
Reg S CUSIP: U83096 AF1

26,900,000 Class D Private Education Loan-Backed Notes
Security Details:

Fixed Rate: 3.93%
144A CUSIP: 83208A AG8
Reg S CUSIP: U83096 AG9

100,000 Residual Certificates
Security Details:

144A CUSIP: 83208A AH6
Reg S CUSIP: U83096 AH7

Date of Issue: May 27, 2021

Issue Amount: $564,900,000

Servicer:
Sallie Mae Bank

Indenture Trustee:
Deutsche Bank National Trust Company

Administrator:
Sallie Mae Bank

Underwriters:
Credit Suisse