|
Page 1 of 9
|
Trust 2010-2 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date
05/26/2026
|
|
I.
|
Deal Parameters
|
|
A
|
Student Loan Portfolio Characteristics
|
08/26/2010
|
03/31/2026
|
04/30/2026
|
|||||||||
|
Principal Balance
|
$
|
679,589,352.80
|
$
|
97,719,230.63
|
$
|
97,386,631.09
|
|||||||
|
Interest to be Capitalized Balance
|
17,411,085.17
|
1,699,641.79
|
1,530,540.76
|
||||||||||
|
Pool Balance
|
$
|
697,000,437.97
|
$
|
99,418,872.42
|
$
|
98,917,171.85
|
|||||||
|
Capitalized Interest Account Balance
|
$
|
3,000,000.00
|
- | - | |||||||||
|
Specified Reserve Account Balance
|
3,768,055.00
|
- N/A -
|
- N/A -
|
||||||||||
|
Adjusted Pool (1)
|
$
|
703,768,492.97
|
$
|
99,418,872.42
|
$
|
98,917,171.85
|
|||||||
|
Weighted Average Coupon (WAC)
|
5.14%
|
|
6.82%
|
|
6.82%
|
|
|||||||
|
Number of Loans
|
193,647
|
13,433
|
13,265
|
||||||||||
|
Aggregate Outstanding Principal Balance - Tbill
|
$
|
20,969,572.58
|
$
|
20,857,770.92
|
|||||||||
|
Aggregate Outstanding Principal Balance - SOFR
|
$
|
78,449,299.84
|
$
|
78,059,400.93
|
|||||||||
|
Pool Factor
|
0.135322507
|
0.134639625
|
|||||||||||
|
Since Issued Constant Prepayment Rate
|
(41.55)%
|
|
(41.84)%
|
|
|||||||||
| (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
|
04/27/2026
|
05/26/2026
|
|||||||
| A |
78446AAA3
|
$
|
72,039,872.42
|
$
|
71,538,171.85
|
||||||
| B |
78446AAB1
|
$
|
22,379,000.00
|
$
|
22,379,000.00
|
||||||
|
C
|
Account Balances
|
04/27/2026
|
05/26/2026
|
||||||
|
Reserve Account Balance
|
$
|
1,130,416.00
|
$
|
1,130,416.00
|
|||||
|
Capitalized Interest Account Balance
|
-
|
-
|
|||||||
|
Floor Income Rebate Account
|
$
|
118,790.67
|
$
|
179,174.11
|
|||||
|
Supplemental Loan Purchase Account
|
-
|
-
|
|||||||
|
D
|
Asset / Liability
|
04/27/2026
|
05/26/2026
|
||||||
|
Adjusted Pool Balance + Supplemental Loan Purchase
|
$
|
99,418,872.42
|
$
|
98,917,171.85
|
|||||
|
Total Notes
|
$
|
94,418,872.42
|
$
|
93,917,171.85
|
|||||
|
Difference
|
$
|
5,000,000.00
|
$
|
5,000,000.00
|
|||||
|
Parity Ratio
|
1.05296
|
1.05324
|
|||||||
|
Page 2 of 9
|
Trust 2010-2 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date
05/26/2026
|
|
II.
|
Trust Activity 04/01/2026 through 04/30/2026
|
|
A
|
Student Loan Principal Receipts
|
||||
|
Borrower Principal
|
147,156.52
|
||||
|
Guarantor Principal
|
630,790.19
|
||||
|
Consolidation Activity Principal
|
138,895.88
|
||||
|
Seller Principal Reimbursement
|
510.30
|
||||
|
Servicer Principal Reimbursement
|
-
|
||||
|
Rejected Claim Repurchased Principal
|
-
|
||||
|
Other Principal Deposits
|
-
|
||||
|
Total Principal Receipts
|
$
|
917,352.89
|
|||
|
B
|
Student Loan Interest Receipts
|
||||
|
Borrower Interest
|
102,908.64
|
||||
|
Guarantor Interest
|
27,215.08
|
||||
|
Consolidation Activity Interest
|
3,877.83
|
||||
|
Special Allowance Payments
|
0.00
|
||||
|
Interest Subsidy Payments
|
0.00
|
||||
|
Seller Interest Reimbursement
|
97.57
|
||||
|
Servicer Interest Reimbursement
|
(47.24)
|
||||
|
Rejected Claim Repurchased Interest
|
0.00
|
||||
|
Other Interest Deposits
|
3,473.05
|
||||
|
Total Interest Receipts
|
$
|
137,524.93
|
|||
|
C
|
Reserves in Excess of Requirement
|
-
|
|||
|
D
|
Investment Income
|
$
|
10,361.47
|
||
|
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
|
$
|
(60,383.44)
|
|
||
|
M
|
AVAILABLE FUNDS
|
$
|
1,004,855.85
|
||
|
N
|
Non-Cash Principal Activity During Collection Period
|
$
|
(584,753.35)
|
|
|
|
O
|
Non-Reimbursable Losses During Collection Period
|
$
|
15,511.72
|
||
|
P
|
Aggregate Purchased Amounts by the Depositor, Servicer or Seller
|
|
-
|
||
|
Q
|
Aggregate Loan Substitutions
|
-
|
|||
|
Page 3 of 9
|
Trust 2010-2 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date
05/26/2026
|
|
III.
|
2010-2 Portfolio Characteristics
|
|
04/30/2026
|
03/31/2026
|
||||||||||||||||||||||||||||||||
|
Wtd Avg
Coupon
|
# Loans
|
Principal
|
% of
Principal
|
Wtd Avg
Coupon
|
# Loans
|
Principal
|
% of
Principal
|
||||||||||||||||||||||||||
|
INTERIM:
|
IN SCHOOL
|
6.81%
|
|
9
|
$
|
39,436.99
|
0.040%
|
|
6.80%
|
|
8
|
$
|
38,125.00 |
0.039% |
|
||||||||||||||||||
| GRACE |
0.00%
|
|
0
|
|
-
|
0.000%
|
|
6.82%
|
|
3
|
$
|
21,811.99 |
0.022% |
|
|||||||||||||||||||
|
DEFERMENT
|
6.73%
|
|
920
|
$
|
6,412,959.91
|
6.585%
|
|
6.77%
|
|
985
|
$
|
7,133,923.34 |
7.300% |
|
|||||||||||||||||||
|
REPAYMENT:
|
CURRENT
|
6.84%
|
|
8,710
|
$
|
60,256,451.33
|
61.873%
|
|
6.83%
|
|
8,722
|
$
|
59,439,082.28 |
60.826% |
|
||||||||||||||||||
|
31-60 DAYS DELINQUENT
|
6.83%
|
|
413
|
$
|
3,245,687.88
|
3.333%
|
|
6.81%
|
|
443
|
$
|
3,437,216.70 |
3.517% |
|
|||||||||||||||||||
|
61-90 DAYS DELINQUENT
|
6.85%
|
|
308
|
$
|
2,480,082.35
|
2.547%
|
|
6.99%
|
|
353
|
$
|
3,112,861.04 |
3.186% |
|
|||||||||||||||||||
|
91-120 DAYS DELINQUENT
|
7.03%
|
|
220
|
$
|
2,212,975.43
|
2.272%
|
|
6.87%
|
|
202
|
$
|
1,725,550.82 |
1.766% |
|
|||||||||||||||||||
|
> 120 DAYS DELINQUENT
|
6.85%
|
|
703
|
$
|
5,699,976.27
|
5.853%
|
|
6.79%
|
|
772
|
$
|
6,184,398.83 |
6.329% |
|
|||||||||||||||||||
| |
FORBEARANCE |
6.78%
|
|
1,847
|
$
|
16,005,820.28
|
16.435%
|
|
6.79%
|
|
1,774
|
$
|
15,280,523.81 |
15.637% |
|
||||||||||||||||||
|
CLAIMS IN PROCESS
|
6.88%
|
|
135
|
$
|
1,033,240.65
|
1.061%
|
|
6.84%
|
|
171
|
$
|
1,345,736.82 |
1.377% |
|
|||||||||||||||||||
|
TOTAL
|
13,265
|
$
|
97,386,631.09
|
100.00%
|
|
13,433
|
$
|
97,719,230.63 |
100.00% |
|
|||||||||||||||||||||||
|
Page 4 of 9
|
Trust 2010-2 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date
05/26/2026
|
|
IV.
|
2010-2 Portfolio Characteristics (cont’d)
|
|
04/30/2026
|
03/31/2026
|
|||||||
|
Pool Balance
|
$
|
98,917,171.85
|
$
|
99,418,872.42
|
||||
|
Outstanding Borrower Accrued Interest
|
$
|
5,557,248.47
|
$
|
5,761,022.67
|
||||
|
Borrower Accrued Interest to be Capitalized
|
$
|
1,530,540.76
|
$
|
1,699,641.79
|
||||
|
Borrower Accrued Interest >30 Days Delinquent
|
$
|
576,097.44
|
$
|
637,370.64
|
||||
|
Total # Loans
|
13,265
|
13,433
|
||||||
|
Total # Borrowers
|
5,820
|
5,900
|
||||||
|
Weighted Average Coupon
|
6.82%
|
|
6.82%
|
|
||||
|
Weighted Average Remaining Term
|
195.75
|
194.49
|
||||||
|
Non-Reimbursable Losses
|
$
|
15,511.72
|
$
|
42,044.84
|
||||
|
Cumulative Non-Reimbursable Losses
|
$
|
6,824,235.11
|
$
|
6,808,723.39
|
||||
|
Since Issued Constant Prepayment Rate (CPR)
|
-41.84%
|
|
-41.55%
|
|
||||
|
Loan Substitutions
|
-
|
-
|
||||||
|
Cumulative Loan Substitutions
|
-
|
-
|
||||||
|
Rejected Claim Repurchases
|
-
|
-
|
||||||
|
Cumulative Rejected Claim Repurchases
|
$
|
1,998,784.46
|
$
|
1,998,784.46
|
||||
|
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
|
$
|
599,596.37
|
$
|
353,264.76
|
||||
|
Borrower Interest Accrued
|
$
|
523,529.92
|
$
|
545,644.02
|
||||
|
Interest Subsidy Payments Accrued
|
$
|
21,796.35
|
$
|
23,086.05
|
||||
|
Special Allowance Payments Accrued
|
$
|
14,151.78
|
$
|
14,673.30
|
||||
|
Page 5 of 9
|
Trust 2010-2 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date
05/26/2026
|
|
V.
|
2010-2 Portfolio Statistics by School and Program
|
|
A
|
LOAN TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
%*
|
||||||||||||
|
- GSL (1) - Subsidized
|
6.68%
|
|
7,404
|
37,128,054.48
|
38.124%
|
|
|||||||||||
|
- GSL - Unsubsidized
|
6.82%
|
|
5,574
|
55,102,620.55
|
56.581%
|
|
|||||||||||
|
- PLUS (2) Loans
|
8.01%
|
|
202
|
4,340,023.11
|
4.456%
|
|
|||||||||||
|
- SLS (3) Loans
|
7.25%
|
|
85
|
815,932.95
|
0.838%
|
|
|||||||||||
|
- Consolidation Loans
|
0.00%
|
|
0
|
-
|
0.000%
|
|
|||||||||||
|
Total
|
6.82%
|
|
13,265
|
$
|
97,386,631.09
|
100.000%
|
|
||||||||||
|
B
|
SCHOOL TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
%*
|
||||||||||||
|
- Four Year
|
6.84%
|
|
10,535
|
83,609,260.67
|
85.853%
|
|
|||||||||||
|
- Two Year
|
6.74%
|
|
1,924
|
9,798,078.92
|
10.061%
|
|
|||||||||||
|
- Technical
|
6.75%
|
|
800
|
3,973,565.04
|
4.080%
|
|
|||||||||||
|
- Other
|
6.47%
|
|
6
|
5,726.46
|
0.006%
|
|
|||||||||||
|
Total
|
6.82%
|
|
13,265
|
$
|
97,386,631.09
|
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 2010-2 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date
05/26/2026
|
|
VI.
|
2010-2 Waterfall for Distributions
|
|
Paid
|
Remaining
Funds Balance
|
||||||||
|
Total Available Funds
|
$
|
1,004,855.85
|
|||||||
| A |
Trustee Fees |
-
|
$ |
1,004,855.85
|
|||||
| B |
Primary Servicing Fee
|
$
|
34,681.19
|
$
|
970,174.66
|
||||
|
C
|
Administration Fee
|
$
|
6,667.00
|
$
|
963,507.66
|
||||
|
D
|
Class A Noteholders’ Interest Distribution Amount
|
$
|
247,195.94
|
$
|
716,311.72
|
||||
|
E
|
Class B Noteholders’ Interest Distribution Amount
|
$
|
84,001.79
|
$
|
632,309.93
|
||||
|
F
|
Reserve Account Reinstatement
|
-
|
$
|
632,309.93
|
|||||
|
G
|
Class A Noteholders’ Principal Distribution Amount
|
$
|
501,700.57
|
$ |
130,609.36
|
||||
|
H
|
Class B Noteholders’ Principal Distribution Amount
|
-
|
$ |
130,609.36
|
|||||
|
I
|
Unpaid Expenses of The Trustees
|
-
|
$ |
130,609.36
|
|||||
|
J
|
Carryover Servicing Fee
|
-
|
$ |
130,609.36
|
|||||
|
K
|
Remaining Amounts to the Noteholders after the first auction date
|
-
|
$ |
130,609.36
|
|||||
|
L
|
Excess Distribution Certificateholder
|
$ |
130,609.36
|
-
|
|||||
|
Waterfall Triggers
|
|||||||||
|
A
|
Student Loan Principal Outstanding
|
$
|
97,386,631.09
|
||||||
|
B
|
Interest to be Capitalized
|
$
|
1,530,540.76
|
||||||
|
C
|
Capitalized Interest Account Balance
|
-
|
|||||||
|
D
|
Reserve Account Balance (after any reinstatement)
|
$
|
1,130,416.00
|
||||||
|
E
|
Less: Specified Reserve Account Balance
|
$
|
(1,130,416.00)
|
|
|||||
|
F
|
Total
|
$
|
98,917,171.85
|
||||||
|
G
|
Class A Notes Outstanding (after application of available funds)
|
$
|
71,538,171.85
|
||||||
|
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 2010-2 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date
05/26/2026
|
|
VII.
|
2010-2 Distributions
|
| A | B | |||||||
|
Cusip/Isin
|
78446AAA3
|
78446AAB1
|
||||||
|
Beginning Balance
|
$
|
72,039,872.42
|
$
|
22,379,000.00
|
||||
|
Index
|
SOFR
|
SOFR
|
||||||
|
Spread/Fixed Rate
|
0.50%
|
|
0.90%
|
|
||||
|
Record Date (Days Prior to Distribution)
|
1 NEW YORK BUSINESS DAY
|
1 NEW YORK BUSINESS DAY
|
||||||
|
Accrual Period Begin
|
4/27/2026
|
4/27/2026
|
||||||
|
Accrual Period End
|
5/26/2026
|
5/26/2026
|
||||||
|
Daycount Fraction
|
0.08055556
|
0.08055556
|
||||||
|
Interest Rate*
|
4.25964%
|
|
4.65964%
|
|
||||
|
Accrued Interest Factor
|
0.003431377
|
0.003753599
|
||||||
|
Current Interest Due
|
$
|
247,195.94
|
$
|
84,001.79
|
||||
|
Interest Shortfall from Prior Period Plus Accrued Interest
|
-
|
-
|
||||||
|
Total Interest Due
|
$
|
247,195.94
|
$
|
84,001.79
|
||||
|
Interest Paid
|
$
|
247,195.94
|
$
|
84,001.79
|
||||
|
Interest Shortfall
|
-
|
-
|
||||||
|
Principal Paid
|
$
|
501,700.57
|
-
|
|||||
|
Ending Principal Balance
|
$
|
71,538,171.85
|
$
|
22,379,000.00
|
||||
|
Paydown Factor
|
0.000679811
|
0.000000000
|
||||||
|
Ending Balance Factor
|
0.096935192
|
1.000000000
|
||||||
|
Page 8 of 9
|
Trust 2010-2 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date
05/26/2026
|
|
VIII.
|
2010-2 Reconciliations
|
|
A
|
Principal Distribution Reconciliation
|
||||
|
Notes Outstanding Principal Balance
|
$
|
94,418,872.42
|
|||
|
Adjusted Pool Balance
|
$
|
98,917,171.85
|
|||
|
Overcollateralization Amount
|
$
|
5,000,000.00
|
|||
|
Principal Distribution Amount
|
$
|
501,700.57
|
|||
|
Principal Distribution Amount Paid
|
$
|
501,700.57
|
|||
|
B
|
Reserve Account Reconciliation
|
||||
|
Beginning Period Balance
|
$
|
1,130,416.00
|
|||
|
Reserve Funds Utilized
|
0.00
|
||||
|
Reserve Funds Reinstated
|
0.00
|
||||
|
Balance Available
|
$
|
1,130,416.00
|
|||
|
Required Reserve Acct Balance
|
$
|
1,130,416.00
|
|||
|
Release to Collection Account
|
|
-
|
|||
|
Ending Reserve Account Balance
|
$
|
1,130,416.00
|
|||
|
C
|
Capitalized Interest Account
|
||||
|
Beginning Period Balance
|
-
|
||||
|
Transfers to Collection Account
|
-
|
||||
|
Ending Balance
|
-
|
||||
|
D
|
Floor Income Rebate Account
|
||||
|
Beginning Period Balance
|
$
|
118,790.67
|
|||
|
Deposits for the Period
|
$
|
60,383.44
|
|||
|
Release to Collection Account
|
-
|
|
|||
|
Ending Balance
|
$
|
179,174.11
|
|||
|
E
|
Supplemental Purchase Account
|
||||
|
Beginning Period Balance
|
-
|
||||
|
Supplemental Loan Purchases
|
-
|
||||
|
Transfers to Collection Account
|
-
|
||||
|
Ending Balance
|
-
|
||||
|
Page 9 of 9
|
Trust 2010-2 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date
05/26/2026
|