|[December 20, 2012]
Fitch Rates SLM Student Loan Trust 2012-8
NEW YORK --(Business Wire)--
Fitch Ratings has assigned the following ratings to the SLM Student Loan
Trust 2012-8, student loan-backed notes:
--$1,484,500,000 Floating Rate Class A Notes 'AAAsf'; Outlook Negative;
--$42,500,000 Floating Rate Class B Notes 'A+sf'; Outlook Stable.
Fitch's stress analysis is discussed in the presale titled 'SLM Student
Loan Trust 2012-8', dated Nov. 26, 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).
Applicable Criteria and Related Reearch:
Global Structured Finance Rating Criteria
Rating U.S. Federal Family Education Loan Program Student Loan ABS
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DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING
THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS.
AVAILABLE ON (News - Alert) THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'.
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OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES
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