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Fitch to Rate EdLinc Student Loan Funding Trust 2012-1

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings expects to rate the EdLinc Student Loan Funding Trust 2012-1 student loan asset-backed notes as follows:

--$326,600,000 class A notes 'AAAsf(EXP)'; Outlook Negative;

--$18,000,000 class B notes 'Asf(EXP)'; Outlook Stable.

Fitch's stress analysis is discussed in the presale titled 'EdLinc Student Loan Funding Trust 2012-1, dated Oct. 11, 2012.

The Class B bonds will bear interest at a current rate and a deferred rate. Fitch will not rate to the deferred portion of the class B bonds.

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 Criteria' (April 3, 2012).

Applicable Criteria and Related Research: EdLinc Student Loan Funding Trust 2012-1 (US ABS)

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=690192

Global Structured Finance Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=679923

Rating U.S. Federal Family Education Loan Program Student Loan ABS Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=675202

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Fitch Ratings
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Melvin Zhou, +1-212-908-0503
Director
Fitch, Inc.
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New York, NY 10004
or
Secondary Analyst
Kinga Gorniak, +1-212-908-0792
Associate Director
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Cynthia Ullrich, +1-212-908-0609
Senior Director
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Media Relations
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sandro.scenga@fitchratings.com

Source: Fitch Ratings