2008-07-02 23:44:10 -

- Fitch rates Massachusetts Educational Financing Authority, student loan asset backed notes as follows:

--$296,000,000 Series 2008 floating-rate notes, 'AAA'

For more information, see the Massachusetts Educational Financing Authority, Series 2008 presale report, available to all investors on Fitch's corporate site, www.fitchratings.com.

Fitch's rating definitions and the terms of use of such ratings are available on the

agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.

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Jeffrey Prackup, 212-908-0839
Gary Santo, 212-908-9172
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