Fixed Income Information

Asset-Backed Securities

Executed Amendments

LIBOR Replacement Language

Navient amended certain indentures to revise and incorporate certain definitions and provisions relating to the potential replacement of LIBOR as a benchmark rate for the following trusts:

SLM 2003-12

SLM 2003-10 (A-4)

SLM 2003-10

CELT 2007-A

NAV 2014-2

NAV 2014-5

NAV 2014-6

NAV 2014-7

NAV 2016-4

10% Optional Servicer Purchaser Right

Navient amended certain servicing agreements to give Navient Solutions, LLC, as servicer, the option to purchase trust student loans aggregating up to 10% of the trust’s initial pool balance for the following trusts:

As of December 24, 2014:

SLM 2002-1SLM 2002-7SLM 2003-2SLM 2003-3
SLM 2006-3SLM 2007-2SLM 2007-3SLM 2007-7
SLM 2008-1SLM 2008-2SLM 2008-3SLM 2008-4
SLM 2008-5SLM 2008-6SLM 2008-7SLM 2008-8
SLM 2008-9

As of September 15, 2015:

SLM 2003-1SLM 2003-4SLM 2003-5SLM 2003-7
SLM 2003-11SLM 2003-14SLM 2004-1SLM 2004-3
SLM 2004-10SLM 2005-4SLM 2005-5SLM 2005-10
SLM 2006-1SLM 2007-6SLM 2007-8SLM 2012-3

As of December 10, 2015:

SLC 2009-1

Revolving Credit Agreement With Navient Corporation

Navient amended certain administration agreements and indentures to incorporate a revolving credit agreement pursuant to which Navient Corporation can make loans to the following trusts:

As of September 15, 2015:

SLM 2003-1SLM 2003-4SLM 2003-5SLM 2003-7
SLM 2003-11SLM 2003-14SLM 2004-1SLM 2004-3
SLM 2004-10SLM 2005-4SLM 2005-5SLM 2005-10
SLM 2006-1SLM 2007-6SLM 2007-8SLM 2012-3

As of November 6, 2015:

SLM 2002-7SLM 2003-2SLM 2003-10SLM 2003-12SLM 2004-2SLM 2004-4
SLM 2004-5SLM 2004-7SLM 2004-8SLM 2005-3SLM 2005-6SLM 2005-7
SLM 2005-8SLM 2005-9SLM 2006-3SLM 2006-4SLM 2006-6SLM 2006-7
SLM 2006-10SLM 2007-2SLM 2007-3SLM 2007-5SLM 2007-7SLM 2008-1
SLM 2008-2SLM 2008-3SLM 2008-4SLM 2008-5SLM 2008-6SLM 2008-7
SLM 2008-8SLM 2008-9SLM 2009-1SLM 2009-2SLM 2009-3SLM 2010-1
SLM 2010-2SLM 2011-1SLM 2011-2SLM 2011-3SLM 2012-1SLM 2012-2
SLM 2012-4SLM 2012-5SLM 2012-6SLM 2012-7SLM 2012-8SLM 2013-1
SLM 2013-2SLM 2013-3SLM 2013-4SLM 2013-5SLM 2013-6SLM 2014-1
SLM 2014-2NAV 2014-1NAV 2014-2NAV 2014-3NAV 2014-4NAV 2014-5
NAV 2014-6NAV 2014-7NAV 2014-8NAV 2015-1NAV 2015-2NAV 2015-3

As of November 30, 2015:

SLM 2006-5

Review Omnibus Amendment

As of December 10, 2015:

SLC 2009-1

Review Omnibus Amendment


The information contained on this website is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities.

The information contained on this website is not sufficient or complete to make a decision regarding investments in securities issued by an issuance trust (each, a "Trust"). Prospectuses and prospectus supplements, offering memorandums, or other similar offering materials ("offering documents") prepared in connection with the original issuance of notes and/or certificates by a Trust may be included on this website, together with other Trust information, including historical Trust performance data. The offering documents contain information about the terms and conditions of the asset-backed securities, financial characteristics and servicing information related to the underlying student loan assets, trading information about the asset-backed securities, and other issuance details. Prior to any investment decision, prospective investors should read the offering documents and other available information relating to the securities issued by a Trust, and should consult their own financial and legal advisors about risks associated with investment in a particular issue of securities and the suitability of investing in such securities in light of their particular circumstances.

By accessing the information contained in this website, each user acknowledges and agrees:

  • All information contained on this website speaks only as of the date such information was originally issued and may not be accurate as of a subsequent date.

  • Navient reserves the right to update, amend, or revise any information contained on this website at any time without notification, but has no duty to update, amend, or revise the information.

  • Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance.

  • Navient assumes no responsibility for damages incurred in connection with the use of any information and documentation on this website.