Common use of CERTAIN OTHER LOAN CRITERIA Clause in Contracts

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending *Based upon the Seller’s estimated calculations, which may be adjusted upward or downward based upon the Purchaser’s reconciliation. **Includes interest to be capitalized. American Student Assistance California Student Aid Commission Connecticut Student Loan Foundation Educational Credit Management Corporation of Virginia Florida Bureau of Student Financial Assistance Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending *Based upon the SellerSLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. American Student Assistance California Student Aid Commission Connecticut Student Loan Foundation Educational Credit Management Corporation of Virginia Florida Bureau of Student Financial Assistance Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.

CERTAIN OTHER LOAN CRITERIA. ■ Not in claims status, not previously rejected • ■ Not in litigation • ■ Last disbursement was on or before the Statistical Cutoff Date • ■ Loan is not swap-pending *Based upon the SellerTown Center Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. American Student Assistance California Student Aid Commission Connecticut Student Loan Foundation College Assist Educational Credit Management Corporation of Virginia Finance Authority Of Maine Florida Bureau of Office Of Student Financial Assistance Georgia Student Finance Commission Great Lakes Higher Education Guaranty Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Of Student Financial Assistance Michigan Guaranty Agency Missouri Department of Higher Education Montana Guaranteed Student Loan Program Nebraska National Student Loan Program New Hampshire Higher Education Assistance Foundation New Jersey Office of Higher Education Student Assistance Authority New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority Student Loan Guarantee Foundation of Arkansas, Inc. Arkansas Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.

CERTAIN OTHER LOAN CRITERIA. ■ Not in claims status, not previously rejected • ■ Not in litigation • ■ Last disbursement was on or before the Statistical Cutoff Date • ■ Loan is not swap-pending *Based upon the SellerBluemont Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. American Student Assistance California Student Aid Commission Connecticut Student Loan Foundation College Assist Educational Credit Management Corporation of Virginia Finance Authority Of Maine Florida Bureau of Office Of Student Financial Assistance Georgia Student Finance Commission Great Lakes Higher Education Guaranty Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Of Student Financial Assistance Michigan Guaranty Agency Missouri Department of Higher Education Montana Guaranteed Student Loan Program Nebraska National Student Loan Program New Hampshire Higher Education Assistance Foundation New Jersey Office of Higher Education Student Assistance Authority New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority Student Loan Guarantee Foundation of Arkansas, Inc. Arkansas Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending ** Based upon the SellerVG Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. Purchase Agreement (VG FUNDING) American Student Assistance California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Corp of Virginia Florida Bureau of Student Financial Assistance Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.Inc. Purchase Agreement (VG FUNDING)

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending *Based upon the SellerBluemont Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. Bluemont Funding Purchase Agreement 2 American Student Assistance California Student Aid Commission Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Virginia Maine Florida Bureau Office of Student Financial Assistance Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Nebraska National Student Loan Program New Jersey Office of Higher Education Student Assistance Authority New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Arkansas Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.Inc. Bluemont Funding Purchase Agreement 3

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending *Based upon the Seller’s estimated calculations, which may be adjusted upward or downward based upon the Purchaser’s reconciliation. **Includes interest to be capitalized. American Student Assistance California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation of Virginia Florida Bureau of Student Financial Assistance Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Oregon State Scholarship Commission Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.

CERTAIN OTHER LOAN CRITERIA. < Not in claims status, not previously rejected • < Not in litigation • < Last disbursement was on or before the Statistical Cutoff Date • < Loan is not swap-pending ** Based upon the SellerVG Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. Purchase Agreement (VG FUNDING) American Student Assistance California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Corp of Virginia Florida Bureau of Student Financial Assistance Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.Inc. Purchase Agreement (VG FUNDING)

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending ** Based upon the SellerVG Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. Purchase Agreement (VG FUNDING) 2 American Student Assistance California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Corp of Virginia Florida Bureau of Student Financial Assistance Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.Inc. Purchase Agreement (VG FUNDING) 3

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending *Based upon the SellerVG Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. Purchase Agreement (VG FUNDING) American Student Assistance California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Corp of Virginia Florida Bureau of Student Financial Assistance Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.Inc. Purchase Agreement (VG FUNDING)

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending ** Based upon the SellerSLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. American Student Assistance California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation of Virginia Florida Bureau Office of Student Financial Assistance Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Oregon State Scholarship Commission Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending ** Based upon the SellerVG Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserVG Funding’s reconciliation. *** Includes interest to be capitalized. American Student Assistance California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation of Virginia Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corporation Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Oregon State Scholarship Commission Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending ** Based upon the SellerVG Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. American Student Assistance California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation of Virginia Florida Bureau of Student Financial Assistance Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Oregon State Scholarship Commission Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.

CERTAIN OTHER LOAN CRITERIA. n Not in claims status, not previously rejected • n Not in litigation • n Last disbursement was on or before the Statistical Cutoff Date • n Loan is not swap-pending *Based upon the SellerVG Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. Purchase Agreement (VG FUNDING) American Student Assistance California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Corp of Virginia Florida Bureau of Student Financial Assistance Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.Inc. Purchase Agreement (VG FUNDING)

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending ** Based upon the SellerVG Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. Purchase Agreement (VG FUNDING) American Student Assistance California Student Aid Commission Connecticut Student Loan Foundation Educational Credit Management Corporation Corp of Virginia Florida Bureau of Student Financial Assistance Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.Inc. Purchase Agreement (VG FUNDING)

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending ** Based upon the SellerVG Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. Purchase Agreement (VG FUNDING) 2 American Student Assistance California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Corp of Virginia Florida Bureau of Student Financial Assistance Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Ohio Student Aid Commission Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.Inc. Purchase Agreement (VG FUNDING) 3

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending ** Based upon the Seller’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserSeller’s reconciliation. *** Includes interest to be capitalized. American Student Assistance California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation of Virginia Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corporation Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Oregon State Scholarship Commission Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • ? Not in litigation • ? Last disbursement was on or before the Statistical Cutoff Date • ? Loan is not swap-pending ** Based upon the SellerVL Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. American Student Assistance California Student Aid Commission College Assist Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Virginia Maine Florida Bureau of Student Financial Assistance Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Higher Education Student Assistance Authority New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Arkansas Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending ** Based upon the SellerVG Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserVG Funding’s reconciliation. *** Includes interest to be capitalized. American Student Assistance California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation of Virginia Florida Bureau Office of Student Financial Assistance Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Oregon State Scholarship Commission Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.

CERTAIN OTHER LOAN CRITERIA. [ ] Not in claims status, not previously rejected • [ ] Not in litigation • [ ] Last disbursement was on or before the Statistical Cutoff Date • [ ] Loan is not swap-pending *Based upon the Seller’s estimated calculations, which may be adjusted upward or downward based upon the Purchaser’s reconciliation. **Includes interest to be capitalized. American Student Assistance California Student Aid Commission Connecticut Student Loan Foundation College Assist Educational Credit Management Corporation Corp. of Virginia Florida Bureau of Student Financial Assistance Illinois Student Georgia Higher Education Assistance Commission Corporation Great Lakes Higher Education Assistance Corporation Iowa College Student Aid Commission Illinois Student Assistance Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Commission Finance Authority of Maine Michigan Guaranty Agency Missouri Student Loan Program National Student Loan Program, Inc. New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program State Regents for Higher Education Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority Student Loan Guarantee Foundation of Arkansas, Inc. Arkansas Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Funds Inc.

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending ** Based upon the SellerSLMA’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. American Student Assistance California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation of Virginia Florida Bureau of Student Financial Assistance Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Oregon State Scholarship Commission Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.

CERTAIN OTHER LOAN CRITERIA. [ ] Not in claims status, not previously rejected • [ ] Not in litigation • [ ] Last disbursement was on or before the Statistical Cutoff Date • [ ] Loan is not swap-pending *Based upon the Seller’s estimated calculations, which may be adjusted upward or downward based upon the Purchaser’s reconciliation. **Includes interest to be capitalized. American Student Assistance California Student Aid Commission Connecticut Colorado Student Loan Foundation Program Educational Credit Management Corporation Corp. of Virginia Florida Bureau of Student Financial Assistance Finance Authority of Maine Georgia Higher Education Assistance Corporation Great Lakes Higher Education Guaranty Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Commission Michigan Guaranty Agency Missouri Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Rhode Island Higher Education Assistance Agency Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Arkansas Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Funds Inc.

CERTAIN OTHER LOAN CRITERIA. ń Not in claims status, not previously rejected • ń Not in litigation • ń Last disbursement was on or before the Statistical Cutoff Date • ń Loan is not swap-pending *Based upon the SellerVG Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. American Student Assistance California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Corp of Virginia Florida Bureau of Student Financial Assistance Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.Inc. Purchase Bxxx of Sale (VG Funding)

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending *Based upon the SellerVG Funding’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. American Student Assistance California Student Aid Commission Connecticut Student Loan Foundation Educational Credit Management Corporation of Virginia Florida Bureau of Student Financial Assistance Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.

CERTAIN OTHER LOAN CRITERIA. Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending *Based upon the SellerSLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon the PurchaserFunding’s reconciliation. *** Includes interest to be capitalized. American Student Assistance California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation of Virginia Florida Bureau of Student Financial Assistance Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Oregon State Scholarship Commission Pennsylvania Higher Education Assistance Agency Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc.