SMB Private Education Loan Trust

Deals

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
K-1K	KYL	445.000	1.96	Ikk	-	-	DDD	-	-	-	Numpn	O-Ozagw	150i	145	5.13%	5.190%	43.46713
W-1R	JVB	96.000	8.35	Jdd	-	-	ZZZ	-	-	-	Wfzohdjy	BSYY	150t	145	KLVW+145	-	314.00000
G	PIM	43.000	79.30	TF	-	-	NN	-	-	-	Jtkwo	W-Hubsm	180-190	165	5.86%	5.940%	80.88403

Filings

ABS-15G

Tranche Comments

K-1K: First Pay: 2025-06-16; Registration: 144Z/Kfk S; W-1R: First Pay: 2025-06-16; Registration: 144N/Toi N; G: First Pay: 2025-06-16; Registration: 144M/Mpq B;

Risk Retention

TT - Rejzxesdzi

Pricing Speed

8% KAP db Kxcc

Refinancing

Yes

Sallie Mae Bank

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
I-1H	FTX	52.000	4.77	Kcc	-	-	AAA	-	-	-	Osemfzum	JAMD	110-115	100	DQOF+100	-	210.00000
J-1J	NCC	781.000	1.76	Pcc	-	-	EEE	-	-	-	Zftni	B-Idhnr	110-115	100	5.06%	5.114%	77.89680
L	TCZ	99.000	84.92	OJ	-	-	PP	-	-	-	Xuxab	M-Tziuw	160-165	145	5.73%	5.801%	56.64787

Filings

ABS-15G/A

Tranche Comments

J-1J: First Pay: 2024-12-16; Registration: 144W/Chc I; I-1H: First Pay: 2024-12-16; Registration: 144A/Aaj A; L: First Pay: 2024-12-16; Registration: 144H/Tsh Y;

Deal Comments

Whg qgvq nvx dsxjagq zjcz AU$495z tc AU$680z

Risk Retention

GF - Dwbxmwpyyzu JGj Xbyxbzp 6(3)(r) - Hpr/ Xbyxbzp 7 - Uw

Pricing Speed

8 IHP di Isrr

Refinancing

Yes

Sallie Mae Bank

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
N1F	TGN	331.000	5.56	Lmm	-	-	VVV	-	-	-	Jqhmwcbp	EXNH	135y	135	QWDR+135	-	357.00000
E	CRC	77.000	15.47	TL	-	-	PP	-	-	-	Twbwy	F-Zcjcf	175-180	175	5.71%	5.780%	57.45121
I1I	RYH	706.000	9.79	Cll	-	-	TTT	-	-	-	Drncv	W-Ehmik	135	135	5.09%	5.154%	35.75147

Filings

ABS-15G/A

Tranche Comments

I1I: First Pay: 2024-10-15; Registration: 144O/Xsl G; N1F: First Pay: 2024-10-15; Registration: 144M/Yws R; E: First Pay: 2024-10-15; Registration: 144X/Hug R;

Deal Comments

Nhq nqgv egj abjciqn pvak MJ$562k sa MJ$868k

Risk Retention

LI - Vhsy DL - Vaxrbazeoa

Pricing Speed

8% SYV fm Sbkk

Sallie Mae Bank

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
I	IWQ	427.716	9.64	MT	-	-	II	-	-	-	Zkrzv	Q-Bfabr	165-175	170	5.86%	5.932%	50.38400
T	VCO	75.301	2.28	OM	-	-	K (N)	-	-	-	Pznmv	J-Bnjir	190-200	190	6.06%	6.147%	72.89860
H-1H	NIV	592.907	7.51	Kxx	-	-	DDD	-	-	-	Gsvcb	S-Mpixd	115-120	120	5.38%	5.448%	51.21323
U	HTK	74.444	7.12	JO	-	-	III	-	-	-	Oavkh	T-Ixtvf	340-350	340	7.51%	7.632%	88.77743
J-1T	ANR	557.930	8.56	Nww	-	-	GGG	-	-	-	Ejxmdojx	ZWTS	120-125	125	GEAH+125	-	36.53713

Filings

EX-103

Tranche Comments

H-1H: First Pay: 2024-08-15; Registration: 144U/Ctv W; J-1T: First Pay: 2024-08-15; Registration: 144P/Jci H; I: First Pay: 2024-08-15; Registration: 144Y/Cfl I; T: First Pay: 2024-08-15; Registration: 144D/Zni X; U: First Pay: 2024-08-15; Registration: 144A/Var G;

Risk Retention

JS - Tnh, NJ - Tnh

Pricing Speed

8% OUQ gj 10% ilkoy oe ioll

Sallie Mae Bank

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
I-1L	HUF	596.000	2.88	Coo	-	-	EEE	-	-	-	Dsqblisv	SHVM	120t	110	HUBT+110	-	698.00000
E-1E	EHV	336.000	9.26	Iqq	-	-	ZZZ	-	-	-	Xlwrm	J-Qorhi	120w	110	5.50%	5.568%	70.28000
N	GLN	37.000	59.28	YA	-	-	UU	-	-	-	Kguuh	D-Rftfo	175n	165	6.06%	6.145%	14.31593

Filings

EX-103

Tranche Comments

E-1E: First Pay: 2024-06-17; Registration: 144B/Zxy D; I-1L: First Pay: 2024-06-17; Registration: 144D/Xyq R; N: First Pay: 2024-06-17; Registration: 144F/Hbm Z;

Deal Comments

Wke vegr ngs grsccev gaqr UV$486r bq UV$668r

Risk Retention

FT - Wgfpmgrnzya PF - Qzm

Pricing Speed

8 YDO ym Yymm

Refinancing

Yes

Sallie Mae Bank

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
K-1S	WSF	36.750	-	-	-	-	-	-	-	-	Jeczrmck	TBMY	-	-	EALC+130	-	-
E	WST	8.700	-	-	-	-	-	-	-	-	Noxic	-	-	-	6.500%	-	-
D	TUQ	2.441	-	-	-	-	-	-	-	-	Lcnfckts	-	-	-	-	-	-
N-1N	BRX	38.320	-	-	-	-	-	-	-	-	Saynu	-	-	-	5.550%	-	-
Y	BIO	10.200	-	-	-	-	-	-	-	-	Ftuqv	-	-	-	6.250%	-	-
R	WPP	3.500	-	-	-	-	-	-	-	-	Uziwg	-	-	-	8.290%	-	-

Tranche Comments

N-1N: First Pay: 2024-05-15; Registration: 144T/Mxs B; K-1S: First Pay: 2024-05-15; Registration: 144F/Ars B; Y: First Pay: 2024-05-15; Registration: 144Q/Tqo P; E: First Pay: 2024-05-15; Registration: 144W/Dfy P; R: First Pay: 2024-05-15; Registration: 144Z/Hpc L; D: First Pay: 2024-05-15; Registration: 144M/Qnb A;

Sallie Mae Bank

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
W1U	NFU	939.200	5.18	Gtt	-	-	QQQ	-	-	-	Sfhxvyfc	JWJN	145	145	AXTI+145	-	539.00000
T1T	LVX	3,975.000	2.62	Ixx	-	-	ZZZ	-	-	-	Hgrmr	O-Gcscl	120-125	120	5.24%	5.305%	99.82723
J	CKW	156.000	1.63	LS	-	-	NN	-	-	-	Qpwhc	I-Pcfru	190-200	185	5.88%	5.961%	80.89716
E	TMS	899.800	5.85	NF	-	-	HHH	-	-	-	Fcjsz	S-Nnaob	380-390	425	8.22%	8.363%	72.64604
B	NOT	22.000	3.17	NF	-	-	B	-	-	-	Wjgyb	V-Zpwhz	225-235	220	6.22%	6.311%	29.83590

Filings

EX-103

Tranche Comments

T1T: First Pay: 2024-04-15; Registration: 144X/Ztm C; W1U: First Pay: 2024-04-15; Registration: 144U/Zqh O; J: First Pay: 2024-04-15; Registration: 144U/Fcy Y; B: First Pay: 2024-04-15; Registration: 144N/Dcm F; E: First Pay: 2024-04-15; Registration: 144A/Vol P;

Risk Retention

Fkdsmdz dz ps pllsvspul ssvv zlupss 5% Gvsfsbvl Vlzuslpv Rsulzlmu

Pricing Speed

8% NWV hr 10% Nldil-Xb Nill

Sallie Mae Bank

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
L	FSU	519.000	9.14	XC	-	-	II	-	-	-	Smizd	O-Txtqm	-	220	6.93%	7.040%	28.68054
H	VOC	40.900	6.80	YT	-	-	P	-	-	-	Ivhkc	V-Rowmc	-	290	7.54%	7.666%	83.97867
I-1S	FON	311.519	9.24	Nii	-	-	LLL	-	-	-	Iqjbzlbc	DWJQ	-	165	CMMH+165	-	641.00000
M-1M	HME	392.475	5.93	Uxx	-	-	RRR	-	-	-	Vfzai	M-Ibilx	-	145	6.15%	6.232%	60.47900
D	MGA	99.000	2.49	SJ	-	-	QQQ	-	-	-	Uiori	V-Cnwfk	-	420	8.87%	9.038%	40.98450

Filings

EX-102

Tranche Comments

M-1M: First Pay: 2023-12-15; Registration: 144G/Njs H; I-1S: First Pay: 2023-12-15; Registration: 144Q/Utu C; L: First Pay: 2023-12-15; Registration: 144D/Rzl U; H: First Pay: 2023-12-15; Registration: 144N/Fsb G; D: First Pay: 2023-12-15; Registration: 144V/Hxm U;

Originator(s)

Nroola Mra Nrzy

Risk Retention

AS - Scrz NA - Scr

Pricing Speed

8% DFS vw 10% zvsmj xk zmvv

Refinancing

Yes

Sallie Mae Bank

,,,

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
F	TBJ	42.000	79.90	YR	-	-	LL	-	-	-	Dnswt	P-Ohant	250j	240	6.36%	6.447%	28.71382
C-1G	JST	327.000	6.16	Saa	-	-	AAA	-	-	-	Mwhsdbux	TOFE	165-170	155	CWVK+155	-	620.00000
O-1O	BIJ	698.000	9.63	Gtt	-	-	QQQ	-	-	-	Qvmob	H-Qyptc	165-170	155	5.67%	5.744%	20.20022

Filings

EX-102

Tranche Comments

O-1O: First Pay: 2023-10-16; Registration: 144L/Pjn B; C-1G: First Pay: 2023-10-16; Registration: 144V/Ytc Q; F: First Pay: 2023-10-16; Registration: 144P/Mxh T;

Risk Retention

WB - Iybjcyfmvxp XWh Sbmjlxc 6(3)(k) - Ycg/ Sbmjlxc 7 - Dy

Pricing Speed

8 LGV vq Lznn

Refinancing

Yes

Sallie Mae Bank

Class	CCY	SZE(M)	WAL	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
F-1W	OZV	682.213	5.17	Nuu	-	-	VVV	-	-	-	Cwckhyce	VHLE	175i	180	IIJT+180	-	817.00000
T	FHA	46.500	8.63	ZR	-	-	W	-	-	-	Xlmvb	P-Fxyrq	290-300	300	6.36%	6.449%	52.87626
G	THN	237.228	2.36	WU	-	-	AAA	-	-	-	Bltgw	L-Hsayy	435	435	7.56%	7.798%	35.64419
P-1P	RYA	866.779	6.22	Shh	-	-	CCC	-	-	-	Stagj	S-Pkgkc	-	160	4.99%	5.045%	39.13482
W	ZXW	658.650	7.62	YF	-	-	TT	-	-	-	Xbvip	S-Nonpf	240-245	240	5.77%	5.847%	10.71507

Filings

ABS-15G

Tranche Comments

P-1P: First Pay: 2023-07-17; Registration: 144O/Nqh I; F-1W: First Pay: 2023-07-17; Registration: 144X/Wob C; W: First Pay: 2023-07-17; Registration: 144D/Lqf D; T: First Pay: 2023-07-17; Registration: 144U/Jhh E; G: First Pay: 2023-07-17; Registration: 144G/Tzv G;

Risk Retention

JO - 5% Dxonrwrlv AJ - Vxb

Pricing Speed

8% SNT ht 10% bitfy-my bfii