DBRS Assigns Ratings to Sallie Mae’s Bluemont Funding I, Town Center Funding I and Town Hall Funding I Funding Facilities

DBRS, Inc. (DBRS) has assigned ratings of AAA (sf) to the Class A Variable Funding Notes issued by Bluemont Funding I, Town Center Funding I and Town Hall Funding I (each an issuer) pursuant to each issuer’s respective Amended and Restated Note Purchase and Security Agreement dated as of January 11, 2013. The Class A Variable Funding Notes have been issued in an aggregate amount of $6,500,000,000. The notes are secured by loans originated pursuant to the Federal Family Education Loan Program.

Note:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is Rating U.S. FFELP Student Loan Transactions, which can be found on our website under Methodologies.

The Rule 17g-7 Report of Representations and Warranties is hereby incorporated by reference and can be found by clicking on the link or by contacting us at info@dbrs.com.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.