DBRS Assigns Ratings to Blue Ridge Funding Trust

DBRS, Inc. (DBRS) has assigned a rating of AAA (sf) to the Class A Notes issued by Blue Ridge Funding Trust pursuant to the Note Purchase and Security Agreement dated as of January 10, 2014. The Blue Ridge Funding Trust, Class A Notes have been issued in an amount of up to $8,000,000,000. The assets securing the Blue Ridge Funding Trust, Class A Notes consist of 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

DBRS's rating definitions and the terms of use of such ratings are available at www.dbrs.com.