$130,000,000 Class A-1 Student Loan Asset-Backed Notes
$525,000,000 Class A-2 Student Loan Asset-Backed Notes
$136,000,000 Class A-3 Student Loan Asset-Backed Notes
$600,000,000 Class A-4 Student Loan Asset-Backed Notes
$445,000,000 Class A-5 Student Loan Asset-Backed Notes
$656,000,000 Class A-6 Student Loan Asset-Backed Notes
$77,000,000 Class B Student Loan Asset-Backed Notes
| Date of Issue: | September 19, 2006 |
| Issue Amount: | $2,569,000,000 |
Securities Offered:
| Class A-1 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR - 0.020% |
| CUSIP: | 784428AA2 |
| Class A-2 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR |
| CUSIP: | 784428AB0 |
| Class A-3 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR + 0.020% |
| CUSIP: | 784428AC8 |
| Class A-4 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR + 0.080% |
| CUSIP: | 784428AD6 |
| Class A-5 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR + 0.100% |
| CUSIP: | 784428AE4 |
| Class A-6 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR + 0.160% |
| CUSIP: | 784428AF1 |
| Class B Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR + 0.230% |
| CUSIP: | 784428AG9 |