|[November 28, 2012]
Fitch Rates Vermont Student Assistance Corporation, Series 2012-1
NEW YORK --(Business Wire)--
Fitch Ratings has assigned the following ratings to Vermont Student
Assistance Corporation student loan asset-backed notes, series 2012-1
(taxable LIBOR floating rate notes) as follows:
--$755,000,000 Class A 'AAAsf'; Outlook Negative;
--$15,500,000 Class B 'Asf'; Outlook Stable.
Fitch's stress analysis is discussed in the presale titled 'Vermont
Student Assistance Corporation, Series 2012-1', dated Nov. 14, 2012.
Additional information is available at 'www.fitchratings.com'.
The ratings above were solicited by, or on behalf of, the issuer, and
therefore, Fitch has been compensated for the provision of the ratings.
Applicable Criteria and Related Research:
--'Global Structured Finance Rating Criteria' (June 6, 2012);
--'Rating U.S. Federal Family Education Loan Program Student Loan ABS (News - Alert)
Criteria' (April 3, 2012).
Aplicable Criteria and Related Research:
Global Structured Finance Rating Criteria
Rating U.S. Federal Family Education Loan Program Student Loan ABS
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