OVERVIEW Vermont Student Assistance Corp.'s senior series 2015A issuance is an ABS transaction backed by private fixed-rate student loans. We assigned our preliminary 'A (sf)' rating to the senior series 2015A notes. The preliminary rating reflects our view of the transaction's credit support, credit quality, and payment and legal structures, among other factors. NEW YORK (Standard&Poor's) June 8, 2015--Standard&Poor's Ratings Services today assigned its preliminary 'A (sf)' rating to Vermont Student Assistance Corp.'s $21.2 million education loan revenue bonds senior series 2015A (see list). The note issuance is an asset-backed securities transaction backed by private fixed-rate student loans The preliminary 'A (sf)' rating is based on information as of June 8, 2015. Subsequent information may result