Fitch to Rate Vermont Student Assistance Corporation, 2012-B; Presale Issued

NEW YORK--(BUSINESS WIRE)--

Fitch Ratings expects to rate Vermont Student Assistance Corporation, educational loan revenue notes series 2012-B (VSAC 2012-B) as follows:

--$92,900,000 class A-1 notes 'A'(EXP); Outlook Stable;
--$42,200,000 class A-2 notes 'A'(EXP); Outlook Stable.

Fitch's stress analysis is discussed in the presale titled 'VSAC 2012-B, dated Nov. 9, 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;
--'U.S. Private Student Loan ABS Criteria', Jan. 31, 2012.

Applicable Criteria and Related Research: Vermont Student Assistance Corporation, Series 2012-B (US ABS)
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=694740

Global Structured Finance Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=679923
U.S. Private Student Loan ABS Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=667570

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