DBRS Assigns Provisional Ratings to Navient Student Loan Trust 2014-1

DBRS has today assigned provisional ratings to the following classes issued by Navient Student Loan Trust 2014-1:

-- Series 2014-1 Notes, Class A-1 rated AAA (sf)
-- Series 2014-1 Notes, Class A-2 rated AAA (sf)
-- Series 2014-1 Notes, Class A-3 rated AAA (sf)
-- Series 2014-1 Notes, Class A-4 rated AAA (sf)
-- Series 2014-1 Notes, Class B rated AA (sf)

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

The applicable methodology is Rating U.S. Federal Family Education Loan Program Securitizations, which can be found on our website under Methodologies.

The full report providing additional analytical detail is available by clicking on the link or by contacting us at info@dbrs.com.

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.