[July 30, 2010]

Fitch Takes Various Rating Actions on Access Group Student Loan Notes, Series 2001

Fitch Ratings has affirmed the senior student loan bond and upgraded the subordinate bond issued by Access Group Floating Rate Student Loan Asset-Backed Notes, Series 2001 (Group I)and assigned Outlooks as outlined below:

--Class A-2 affirmed at 'AAA/LS1'; Outlook Stable;

--Class B upgraded to 'AAA/LS3' from 'A/LS3'; Outlook Stable.

Fitch used its Global Structured Finance Rating Criteria and FFELP student loan ABS (News - Alert) rating criteria, as well as the refined basis risk criteria outlined in Fitch's June 29 press release ('Fitch to Begin Review of U.S. FFELP SLABS Applying Updated Criteria') to review the ratings.

Additional information is available at 'www.fitchratings.com'

Related Research:

Global Structured Finance Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=469406

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