Two New Jersey Higher Education Student Assistance Authority 2010-FFELP 'AA+ (sf)' Ratings Affirmed - S&P Global Ratings’ Credit Research

Two New Jersey Higher Education Student Assistance Authority 2010-FFELP 'AA+ (sf)' Ratings Affirmed

Two New Jersey Higher Education Student Assistance Authority 2010-FFELP 'AA+ (sf)' Ratings Affirmed - S&P Global Ratings’ Credit Research
Two New Jersey Higher Education Student Assistance Authority 2010-FFELP 'AA+ (sf)' Ratings Affirmed
Published May 29, 2013
Published May 29, 2013
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Abstract:

OVERVIEW We affirmed our 'AA+ (sf)' ratings on two senior note classes issued by the New Jersey Higher Education Student Assistance Authority's series 2010-FFELP, an ABS trust backed by FFELP student loans. The affirmations reflect our view of the credit enhancement built since issuance as measured by parity, the trust's collateral performance, the low cost of funds, and the U.S. federal government's reinsurance. NEW YORK (Standard&Poor's) May 29, 2013--Standard&Poor's Ratings Services today affirmed its 'AA+ (sf)' ratings on two senior note classes issued by the New Jersey Higher Education Student Assistance Authority's series 2010-FFELP. This trust is a U.S. asset-backed securities trust backed by Federal Family Education Loan Program (FFELP) student loans. The affirmations reflect the

  
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Ratings Action

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Global Issuers, Public Finance, Structured Finance
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Two New Jersey Higher Education Student Assistance Authority 2010-FFELP 'AA+ (sf)' Ratings Affirmed" May 29, 2013. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Two-New-Jersey-Higher-Education-Student-Assistance-Authority-2010-FFELP-AA-sf-Ratings-Affirmed-1138555>
  
APA:
S&P Global Ratings’ Credit Research. (). Two New Jersey Higher Education Student Assistance Authority 2010-FFELP 'AA+ (sf)' Ratings Affirmed May 29, 2013. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Two-New-Jersey-Higher-Education-Student-Assistance-Authority-2010-FFELP-AA-sf-Ratings-Affirmed-1138555>
  
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