Fitch Rates SLM Student Loan Trust 2008-7

2008-06-24 01:55:06 -

- Fitch expects to rate SLM Student Loan Trust, 2008-7 as follows:

--$388,000,000 class A-1 'AAA';

--$503,000,000 class A-2 'AAA';

--$205,000,000 class A-3 'AAA';

--$407,582,000 class A-4 'AAA';

--$46,502,000 class B 'AAA'.

For more information, see the SLM Student Loan Trust, 2008-7 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.

Fitch Ratings, New York
Jeffrey Prackup, +1-212-908-0839
Herman Poon, +1-212-908-0847
Gary Santo, +1-212-908-9172
Sandro Scenga, +1-212-908-0278 (Media Relations)