OVERVIEW Rhode Island Student Loan Authority's 2016 senior series A issuance is an ABS transaction backed by private student loans originated under its student loan and consolidation loan programs. We assigned our preliminary 'AA (sf)' rating to the 2016 senior series A bonds. The preliminary 'AA (sf)' rating reflects our view of the transaction's available credit support, initial parity, and the credit quality of both the outstanding loans and the loans to be originated, among other factors. NEW YORK (Standard&Poor's) April 11, 2016--Standard&Poor's Ratings Services today assigned its preliminary 'AA (sf)' rating to Rhode Island Student Loan Authority's (RISLA's) $55.00 million 2016 senior series A student loan program revenue bonds (see list). The bond issuance is