Student Loan | Fitch To Rate South Texas Higher Education Authority, Inc., Series 2012-1; Presale Issued

January 14, 2012 – 3:05 am

NEW YORK–(BUSINESS WIRE)– Fitch Ratings expects to rate South Texas Higher Education Authority Inc., student loan backed bonds series 2012-1 (taxable floating rate bonds) as follows:

–$129,450,000 student loan backed bonds, series 2012-1 A-1 ‘AAAsf (EXP)’; Outlook Stable;

–$64,730,000 student loan backed bonds, series 2012-1 A-2 ‘AAAsf (EXP)’; Outlook Stable; and

–$81,820,000 student loan backed bonds, series 2012-1 A-3

‘AAAsf (EXP)’; Outlook Stable.

Fitch’s stress analysis is discussed in the presale titled ‘South Texas Higher Education Authority, Inc., Series 2012-1′, dated Jan. 13, 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’, Aug. 4, 2011;

–’Rating U.S. Federal Family Education Loan Program Student Loan ABS Criteria’, April 7, 2011′

–’Rehabilitation Loans in FFELP Student Loan ABS’, March 16, 2011.

Applicable Criteria and Related Research: South Texas Higher Education Authority, Inc., Series (US ABS)

Global Structured Finance Rating Criteria

Rating U.S. Federal Family Education Loan Program Student Loan ABS Criteria

Rehabilitation Loans in FFELP Student Loan ABS

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