$200,000,000 Class A-1 Floating Rate Student Loan-Backed Sr. Notes
$958,000,000 Class A-2 Floating Rate Student Loan-Backed Sr. Notes
$42,000,000 Floating Rate Student Loan-Backed Subordinate Notes
Quarterly Distribution Reports
Prospectus
Current Libor Rates
Quarterly Distribution Factors
Historical Reports
Date of Issue: May 19, 2000
Issue Amount : $1,200,000,000
Securities Offered:
Class A-1 Floating Rate Asset-Backed Senior Notes in the aggregate principal amount of $200,000,000
Rate: Three-Month LIBOR + 0.08%
CUSIP: 784582BC1
Class A-2 Floating Rate Asset-Backed Subordinate Notes in the aggregate principal amount of $958,000,000
Rate: Three-Month LIBOR + 0.20%
CUSIP: 784582BD9
Floating Rate Asset-Backed Subordinate Notes in the aggregate principal amount of $42,000,000
Rate: Three-Month LIBOR + 0.70%
CUSIP: 784582BE7
Underwriter: Deutsche Banc Alex. Brown; Merrill Lynch & Co; Credit Suisse First Boston; JP Morgan & Co.; Morgan Stanley Dean Witter; PaineWebber Incorporated
Servicer: Sallie Mae Servicing LP
Eligible Lender Trustee: Bank One
Indenture Trustee: Deutsche Bank Trust Company Americas
Administrator: Sallie Mae