OVERVIEW Vermont Student Assistance Corp.'s issuance is an ABS securitization backed by private fixed-rate student loans made under Vermont Student Assistance Corp.'s loan programs. We assigned our preliminary rating to the senior series 2013A bonds. The preliminary rating reflects our view of the transaction's credit support, initial parity, loan-pool credit quality, and timely interest and principal payments, among other factors. NEW YORK (Standard&Poor's) June 13, 2013--Standard&Poor's Ratings Services today assigned its preliminary rating to Vermont Student Assistance Corp.'s $15.595 million education loan revenue bonds senior series 2013A (tax-exempt fixed-rate bonds) (see list). The note issuance is an asset-backed securitization backed by private fixed-rate student loans made under Vermont Student Assistance Corp.'s loan programs. The preliminary rating
