|
Page 1 of 9
|
Trust 2013-6 Monthly Servicing Report: Collection Period 06/01/2025 - 06/30/2025, Distribution Date 07/25/2025
|
|
I.
|
Deal Parameters
|
|
A
|
Student Loan Portfolio Characteristics
|
11/14/2013
|
05/31/2025
|
06/30/2025
|
||||||||||
|
Principal Balance
|
$
|
952,236,013.41
|
$
|
185,626,306.38
|
$
|
183,707,700.46
|
||||||||
|
Interest to be Capitalized Balance
|
19,888,623.55
|
2,551,231.71
|
2,594,212.78
|
|||||||||||
|
Pool Balance
|
$
|
972,124,636.96
|
$
|
188,177,538.09
|
$
|
186,301,913.24
|
||||||||
|
Specified Reserve Account Balance
|
4,992,316.00
|
- N/A -
|
- N/A -
|
|||||||||||
|
Adjusted Pool (1)
|
$
|
977,116,952.96
|
$
|
188,177,538.09
|
$
|
186,301,913.24
|
||||||||
|
Weighted Average Coupon (WAC)
|
6.29%
|
|
7.12%
|
|
7.12%
|
|
||||||||
|
Number of Loans
|
200,093
|
27,415
|
27,083
|
|||||||||||
|
Aggregate Outstanding Principal Balance - Tbill
|
-
|
-
|
||||||||||||
|
Aggregate Outstanding Principal Balance - SOFR
|
$
|
188,177,538.09
|
$
|
186,301,913.24
|
||||||||||
|
Pool Factor
|
0.188467186
|
0.186588674
|
||||||||||||
|
Since Issued Constant Prepayment Rate
|
(34.05)%
|
|
(35.27)%
|
|
||||||||||
| (1) |
The Specified Reserve Account balance is included in the Adjusted Pool until the Pool Balance is less than or equal to 40% of the original pool.
|
|
B
|
Debt Securities
|
Cusip/Isin
|
06/25/2025
|
07/25/2025
|
|||||||
|
A3
|
78448CAG4
|
$
|
158,895,762.71
|
$
|
157,038,894.11
|
||||||
|
B
|
78448CAH2
|
$
|
27,400,000.00
|
$
|
27,400,000.00
|
||||||
|
C
|
Account Balances
|
06/25/2025
|
07/25/2025
|
||||||
|
Reserve Account Balance
|
$
|
998,463.00
|
$
|
998,463.00
|
|||||
|
Capitalized Interest Account Balance
|
-
|
-
|
|||||||
|
Floor Income Rebate Account
|
$
|
66,351.39
|
$
|
131,824.60
|
|||||
|
Supplemental Loan Purchase Account
|
-
|
-
|
|||||||
|
D
|
Asset / Liability
|
06/25/2025
|
07/25/2025
|
||||||
|
Adjusted Pool Balance + Supplemental Loan Purchase
|
$
|
188,177,538.09
|
$
|
186,301,913.24
|
|||||
|
Total Notes
|
$
|
186,295,762.71
|
$
|
184,438,894.11
|
|||||
|
Difference
|
$
|
1,881,775.38
|
$
|
1,863,019.13
|
|||||
|
Parity Ratio
|
1.01010
|
1.01010
|
|||||||
|
Page 2 of 9
|
Trust 2013-6 Monthly Servicing Report: Collection Period 06/01/2025 - 06/30/2025, Distribution Date 07/25/2025
|
| II. |
Trust Activity 06/01/2025 through 06/30/2025
|
|
A
|
Student Loan Principal Receipts
|
||||
|
Borrower Principal
|
603,938.67
|
||||
|
Guarantor Principal
|
1,175,472.02
|
||||
|
Consolidation Activity Principal
|
772,154.38
|
||||
|
Seller Principal Reimbursement
|
-
|
||||
|
Servicer Principal Reimbursement
|
-
|
||||
|
Rejected Claim Repurchased Principal
|
-
|
||||
|
Other Principal Deposits
|
-
|
||||
|
Total Principal Receipts
|
$
|
2,551,565.07
|
|||
|
B
|
Student Loan Interest Receipts
|
||||
|
Borrower Interest
|
281,942.18
|
||||
|
Guarantor Interest
|
34,365.56
|
||||
|
Consolidation Activity Interest
|
16,553.64
|
||||
|
Special Allowance Payments
|
0.00
|
||||
|
Interest Subsidy Payments
|
0.00
|
||||
|
Seller Interest Reimbursement
|
0.00
|
||||
|
Servicer Interest Reimbursement
|
100.05
|
||||
|
Rejected Claim Repurchased Interest
|
0.00
|
||||
|
Other Interest Deposits
|
18,150.19
|
||||
|
Total Interest Receipts
|
$
|
351,111.62
|
|||
|
C
|
Reserves in Excess of Requirement
|
|
-
|
||
|
D
|
Investment Income
|
$
|
13,616.42
|
||
|
E
|
Funds Borrowed from Next Collection Period
|
-
|
|||
|
F
|
Funds Repaid from Prior Collection Period
|
-
|
|||
|
G
|
Loan Sale or Purchase Proceeds
|
-
|
|||
|
H
|
Initial Deposits to Collection Account
|
-
|
|||
|
I
|
Excess Transferred from Other Accounts
|
-
|
|||
|
J
|
Other Deposits
|
-
|
|||
|
K
|
Funds Released from Capitalized Interest Account
|
-
|
|||
|
L
|
Less: Funds Previously Remitted:
|
||||
|
Servicing Fees to Servicer
|
-
|
||||
|
Consolidation Loan Rebate Fees to Dept. of Education
|
-
|
||||
|
Floor Income Rebate Fees to Dept. of Education
|
-
|
||||
|
Funds Allocated to the Floor Income Rebate Account
|
$
|
(65,473.21)
|
|||
|
M
|
AVAILABLE FUNDS
|
$
|
2,850,819.90
|
||
|
N
|
Non-Cash Principal Activity During Collection Period
|
$
|
(632,959.15)
|
||
|
O
|
Non-Reimbursable Losses During Collection Period
|
$
|
35,093.75
|
||
|
P
|
Aggregate Purchased Amounts by the Depositor, Servicer or Seller
|
|
-
|
||
|
Q
|
Aggregate Loan Substitutions
|
- | |||
|
Page 3 of 9
|
Trust 2013-6 Monthly Servicing Report: Collection Period 06/01/2025 - 06/30/2025, Distribution Date 07/25/2025
|
| III. |
2013-6 Portfolio Characteristics
|
|
06/30/2025
|
05/31/2025
|
|||||||||||||||||||||||||||||||||
|
Wtd Avg
Coupon
|
# Loans
|
Principal
|
% of Principal
|
Wtd Avg
Coupon
|
# Loans
|
Principal
|
% of Principal
|
|||||||||||||||||||||||||||
|
INTERIM:
|
IN SCHOOL
|
6.90%
|
|
34
|
$
|
219,640.30
|
0.120%
|
|
6.90%
|
|
34
|
$
|
219,640.30
|
0.118%
|
|
|||||||||||||||||||
|
|
GRACE
|
6.87%
|
|
14
|
$
|
141,297.00
|
0.077%
|
|
6.87%
|
|
14
|
$
|
141,297.00
|
0.076%
|
|
|||||||||||||||||||
|
DEFERMENT
|
6.94%
|
|
1,556
|
$
|
9,370,127.23
|
5.101%
|
|
6.97%
|
|
1,503
|
$
|
9,086,275.67
|
4.895%
|
|
||||||||||||||||||||
|
REPAYMENT:
|
CURRENT
|
7.14%
|
|
18,001
|
$
|
114,667,421.87
|
62.418%
|
|
7.14%
|
|
18,303
|
$
|
117,010,538.23
|
63.036%
|
|
|||||||||||||||||||
|
|
31-60 DAYS DELINQUENT
|
7.10%
|
|
1,086
|
$
|
8,891,749.94
|
4.840%
|
|
7.10%
|
|
1,037
|
$
|
7,654,999.41
|
4.124%
|
|
|||||||||||||||||||
|
|
61-90 DAYS DELINQUENT
|
7.02%
|
|
815
|
$
|
5,792,399.47
|
3.153%
|
|
7.19%
|
|
559
|
$
|
4,347,503.08
|
2.342%
|
|
|||||||||||||||||||
|
|
91-120 DAYS DELINQUENT
|
7.21%
|
|
412
|
$
|
3,222,674.10
|
1.754%
|
|
6.97%
|
|
584
|
$
|
4,133,855.27
|
2.227%
|
|
|||||||||||||||||||
|
|
> 120 DAYS DELINQUENT
|
7.10%
|
|
1,617
|
$
|
12,974,239.12
|
7.062%
|
|
7.18%
|
|
1,578
|
$
|
13,365,660.48
|
7.200%
|
|
|||||||||||||||||||
|
|
FORBEARANCE
|
7.15%
|
|
3,379
|
$
|
27,242,937.50
|
14.830%
|
|
7.10%
|
|
3,578
|
$
|
27,825,102.35
|
14.990%
|
|
|||||||||||||||||||
|
CLAIMS IN PROCESS
|
7.01%
|
|
169
|
$
|
1,185,213.93
|
0.645%
|
|
6.95%
|
|
225
|
$
|
1,841,434.59
|
0.992%
|
|
||||||||||||||||||||
|
TOTAL
|
27,083
|
$
|
183,707,700.46
|
100.00%
|
|
27,415
|
$
|
185,626,306.38
|
100.00%
|
|
||||||||||||||||||||||||
|
Page 4 of 9
|
Trust 2013-6 Monthly Servicing Report: Collection Period 06/01/2025 - 06/30/2025, Distribution Date 07/25/2025
|
| IV. |
2013-6 Portfolio Characteristics (cont'd)
|
|
06/30/2025
|
05/31/2025
|
|||||||
|
Pool Balance
|
$
|
186,301,913.24
|
$
|
188,177,538.09
|
||||
|
Outstanding Borrower Accrued Interest
|
$
|
10,164,562.74
|
$
|
10,134,517.72
|
||||
|
Borrower Accrued Interest to be Capitalized
|
$
|
2,594,212.78
|
$
|
2,551,231.71
|
||||
|
Borrower Accrued Interest >30 Days Delinquent
|
$
|
1,061,934.11
|
$
|
1,085,961.02
|
||||
|
Total # Loans
|
27,083
|
27,415
|
||||||
|
Total # Borrowers
|
7,664
|
7,758
|
||||||
|
Weighted Average Coupon
|
7.12%
|
|
7.12%
|
|
||||
|
Weighted Average Remaining Term
|
201.16
|
199.81
|
||||||
|
Non-Reimbursable Losses
|
$
|
35,093.75
|
$
|
12,552.55
|
||||
|
Cumulative Non-Reimbursable Losses
|
$
|
3,119,794.80
|
$
|
3,084,701.05
|
||||
|
Since Issued Constant Prepayment Rate (CPR)
|
-35.27 %
|
|
-34.05 %
|
|
||||
|
Loan Substitutions
|
-
|
-
|
||||||
|
Cumulative Loan Substitutions
|
-
|
-
|
||||||
|
Rejected Claim Repurchases
|
-
|
-
|
||||||
|
Cumulative Rejected Claim Repurchases
|
$
|
232,854.41
|
$
|
232,854.41
|
||||
|
Unpaid Primary Servicing Fees
|
-
|
-
|
||||||
|
Unpaid Administration Fees
|
-
|
-
|
||||||
|
Unpaid Carryover Servicing Fees
|
-
|
-
|
||||||
|
Note Principal Shortfall
|
|
-
|
-
|
|||||
|
Note Interest Shortfall
|
-
|
-
|
||||||
|
Unpaid Interest Carryover
|
-
|
-
|
||||||
|
Non-Cash Principal Activity - Capitalized Interest
|
$
|
668,058.30
|
$
|
746,493.83
|
||||
|
Borrower Interest Accrued
|
$
|
1,036,397.04
|
$
|
1,080,360.19
|
||||
|
Interest Subsidy Payments Accrued
|
$
|
29,758.13
|
$
|
30,464.35
|
||||
|
Special Allowance Payments Accrued
|
$
|
37,376.18
|
$
|
39,653.11
|
||||
|
Page 5 of 9
|
Trust 2013-6 Monthly Servicing Report: Collection Period 06/01/2025 - 06/30/2025, Distribution Date 07/25/2025
|
| V. |
2013-6 Portfolio Statistics by School and Program
|
|
A
|
LOAN TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
% *
|
||||||||||||
|
- GSL (1) - Subsidized
|
6.89%
|
|
14,125
|
62,701,378.69
|
34.131%
|
|
|||||||||||
|
- GSL - Unsubsidized
|
6.92%
|
|
12,225
|
96,329,610.21
|
52.436%
|
|
|||||||||||
|
- PLUS (2) Loans
|
8.50%
|
|
733
|
24,676,711.56
|
13.433%
|
|
|||||||||||
|
- SLS (3) Loans
|
0.00%
|
|
0
|
-
|
0.000%
|
|
|||||||||||
|
- Consolidation Loans
|
0.00%
|
|
0
|
-
|
0.000%
|
|
|||||||||||
|
Total
|
7.12%
|
|
27,083
|
$
|
183,707,700.46
|
100.000%
|
|
||||||||||
|
B
|
SCHOOL TYPE
|
Weighted
Average Coupon |
# LOANS
|
$ AMOUNT
|
% *
|
||||||||||||
|
- Four Year
|
7.13%
|
|
23,375
|
168,018,835.83
|
91.460%
|
|
|||||||||||
|
- Two Year
|
7.03%
|
|
3,132
|
13,276,827.22
|
7.227%
|
|
|||||||||||
|
- Technical
|
7.01%
|
|
535
|
2,263,271.99
|
1.232%
|
|
|||||||||||
|
- Other
|
7.21%
|
|
41
|
148,765.42
|
0.081%
|
|
|||||||||||
|
Total
|
7.12%
|
|
27,083
|
$
|
183,707,700.46
|
100.000%
|
|
||||||||||
|
(1)
|
Guaranteed Stafford Loan
|
|
(2)
|
Parent Loans for Undergraduate Students
|
|
(3)
|
Supplemental Loans to Students. The Unsubsidized Stafford Loan program replaced the SLS program on July 1, 1994.
|
|
Page 6 of 9
|
Trust 2013-6 Monthly Servicing Report: Collection Period 06/01/2025 - 06/30/2025, Distribution Date 07/25/2025
|
| VI. |
2013-6 Waterfall for Distributions
|
|
|
Paid
|
Remaining Funds Balance
|
|||||||
|
Total Available Funds
|
$
|
2,850,819.90
|
|||||||
| A |
Trustee Fees |
- |
$ |
2,850,819.90
|
|||||
|
B
|
Primary Servicing Fee
|
$
|
37,989.02
|
$
|
2,812,830.88
|
||||
|
C
|
Administration Fee
|
$
|
6,667.00
|
$
|
2,806,163.88
|
||||
|
D
|
Class A Noteholders' Interest Distribution Amount
|
$
|
671,288.25
|
$
|
2,134,875.63
|
||||
|
E
|
Class B Noteholders' Interest Distribution Amount
|
$
|
135,165.34
|
$
|
1,999,710.29
|
||||
|
F
|
Reserve Account Reinstatement
|
- |
$
|
1,999,710.29
|
|||||
|
G
|
Class A Noteholders' Principal Distribution Amount
|
$
|
1,856,868.60
|
$ |
142,841.69
|
||||
|
H
|
Class B Noteholders' Principal Distribution Amount
|
-
|
$ |
142,841.69
|
|||||
|
I
|
Unpaid Expenses of The Trustees
|
-
|
$ |
142,841.69
|
|||||
|
J
|
Carryover Servicing Fee
|
-
|
$ |
142,841.69
|
|||||
|
K
|
Remaining Amounts to the Noteholders after the first auction date
|
-
|
$ |
142,841.69
|
|||||
|
L
|
Excess Distribution Certificateholder
|
$ |
142,841.69
|
-
|
|||||
|
Waterfall Triggers
|
|||||
|
A
|
Student Loan Principal Outstanding
|
$
|
183,707,700.46
|
||
|
B
|
Interest to be Capitalized
|
$
|
2,594,212.78
|
||
|
C
|
Capitalized Interest Account Balance
|
-
|
|||
|
D
|
Reserve Account Balance (after any reinstatement)
|
$
|
998,463.00
|
||
|
E
|
Less: Specified Reserve Account Balance
|
$
|
(998,463.00)
|
||
|
F
|
Total
|
$
|
186,301,913.24
|
||
|
G
|
Class A Notes Outstanding (after application of available funds)
|
$
|
157,038,894.11
|
||
|
H
|
Insolvency Event or Event of Default Under Indenture
|
N
|
|||
|
I
|
Available Funds Applied to Class A Noteholders’ Distribution Amount Before Any Amounts are Applied to the Class B Noteholders’ Distribution Amount (G>F or H=Y)
|
N
|
|||
|
Page 7 of 9
|
Trust 2013-6 Monthly Servicing Report: Collection Period 06/01/2025 - 06/30/2025, Distribution Date 07/25/2025
|
| VII. |
2013-6 Distributions
|
|
A3
|
B
|
|||||||
|
Cusip/Isin
|
78448CAG4
|
78448CAH2
|
||||||
|
Beginning Balance
|
$
|
158,895,762.71
|
$
|
27,400,000.00
|
||||
|
Index
|
SOFR
|
SOFR
|
||||||
|
Spread/Fixed Rate
|
0.65%
|
|
1.50%
|
|
||||
|
Record Date (Days Prior to Distribution)
|
1 NEW YORK BUSINESS DAY
|
1 NEW YORK BUSINESS DAY
|
||||||
|
Accrual Period Begin
|
6/25/2025
|
6/25/2025
|
||||||
|
Accrual Period End
|
7/25/2025
|
7/25/2025
|
||||||
|
Daycount Fraction
|
0.08333333
|
0.08333333
|
||||||
|
Interest Rate*
|
5.06965%
|
|
5.91965%
|
|
||||
|
Accrued Interest Factor
|
0.004224708
|
0.004933042
|
||||||
|
Current Interest Due
|
$
|
671,288.25
|
$
|
135,165.34
|
||||
|
Interest Shortfall from Prior Period Plus Accrued Interest
|
-
|
-
|
||||||
|
Total Interest Due
|
$
|
671,288.25
|
$
|
135,165.34
|
||||
|
Interest Paid
|
$
|
671,288.25
|
$
|
135,165.34
|
||||
|
Interest Shortfall
|
-
|
-
|
||||||
|
Principal Paid
|
$
|
1,856,868.60
|
-
|
|||||
|
Ending Principal Balance
|
$
|
157,038,894.11
|
$
|
27,400,000.00
|
||||
|
Paydown Factor
|
0.003635928
|
0.000000000
|
||||||
|
Ending Balance Factor
|
0.307497345
|
1.000000000
|
||||||
|
Page 8 of 9
|
Trust 2013-6 Monthly Servicing Report: Collection Period 06/01/2025 - 06/30/2025, Distribution Date 07/25/2025
|
| VIII. |
2013-6 Reconciliations
|
|
A
|
Principal Distribution Reconciliation
|
||||
|
Notes Outstanding Principal Balance
|
$
|
186,295,762.71
|
|||
|
Adjusted Pool Balance
|
$
|
186,301,913.24
|
|||
|
Overcollateralization Amount
|
$
|
1,863,019.13
|
|||
|
Principal Distribution Amount
|
$
|
1,856,868.60
|
|||
|
Principal Distribution Amount Paid
|
$
|
1,856,868.60
|
|||
|
B
|
Reserve Account Reconciliation
|
||||
|
Beginning Period Balance
|
$
|
998,463.00
|
|||
|
Reserve Funds Utilized
|
0.00
|
||||
|
Reserve Funds Reinstated
|
0.00
|
||||
|
Balance Available
|
$
|
998,463.00
|
|||
|
Required Reserve Acct Balance
|
$
|
998,463.00
|
|||
|
Release to Collection Account
|
|
-
|
|||
|
Ending Reserve Account Balance
|
$
|
998,463.00
|
|||
|
C
|
Floor Income Rebate Account
|
||||
|
Beginning Period Balance
|
$
|
66,351.39
|
|||
|
Deposits for the Period
|
$
|
65,473.21
|
|||
|
Release to Collection Account
|
-
|
||||
|
Ending Balance
|
$
|
131,824.60
|
|||
|
D
|
Supplemental Purchase Account
|
||||
|
Beginning Period Balance
|
-
|
||||
|
Supplemental Loan Purchases
|
-
|
||||
|
Transfers to Collection Account
|
-
|
||||
|
Ending Balance
|
-
|
||||
|
Page 9 of 9
|
Trust 2013-6 Monthly Servicing Report: Collection Period 06/01/2025 - 06/30/2025, Distribution Date 07/25/2025
|