|
Page 1 of 9
|
Trust 2013-3 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date 05/26/2026 |
| I. |
Deal Parameters
|
| A |
Student Loan Portfolio Characteristics
|
06/20/2013
|
03/31/2026
|
04/30/2026
|
|||||||||
|
Principal Balance
|
$
|
1,205,799,342.60
|
$
|
242,006,010.50
|
$
|
240,730,409.02
|
|||||||
|
Interest to be Capitalized Balance
|
25,233,370.46
|
2,839,040.01
|
2,956,280.71
|
||||||||||
|
Pool Balance
|
$
|
1,231,032,713.06
|
$
|
244,845,050.51
|
$
|
243,686,689.73
|
|||||||
|
Specified Reserve Account Balance
|
6,249,953.00
|
- N/A -
|
- N/A -
|
||||||||||
|
Adjusted Pool(1)
|
$
|
1,237,282,666.06
|
$
|
244,845,050.51
|
$
|
243,686,689.73
|
|||||||
|
Weighted Average Coupon (WAC)
|
6.58
|
%
|
6.86
|
%
|
6.86
|
%
|
|||||||
|
Number of Loans
|
277,088
|
34,533
|
34,178
|
||||||||||
|
Aggregate Outstanding Principal Balance - Tbill
|
$
|
507,307.87
|
$
|
506,933.14
|
|||||||||
|
Aggregate Outstanding Principal Balance - SOFR
|
$
|
244,337,742.64
|
$
|
243,179,756.59
|
|||||||||
|
Pool Factor
|
0.195877498
|
0.194950802
|
|||||||||||
|
Since Issued Constant Prepayment Rate
|
(84.55
|
)%
|
(85.25
|
)%
|
|||||||||
|
(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
|
||||||
|
A3
|
78447YAC6
|
$
|
207,396,600.00
|
$
|
206,249,822.83
|
|||||
| B |
78447YAD4
|
$
|
35,000,000.00
|
$
|
35,000,000.00
|
|||||
| C |
Account Balances
|
04/27/2026
|
05/26/2026
|
||||||
|
Reserve Account Balance
|
$
|
1,249,991.00
|
$
|
1,249,991.00
|
|||||
|
Capitalized Interest Account Balance
|
-
|
-
|
|||||||
|
Floor Income Rebate Account
|
$
|
361,492.47
|
$
|
545,116.18
|
|||||
|
Supplemental Loan Purchase Account
|
-
|
-
|
|||||||
| D |
Asset / Liability
|
04/27/2026
|
05/26/2026
|
||||||
|
Adjusted Pool Balance + Supplemental Loan Purchase
|
$
|
244,845,050.51
|
$
|
243,686,689.73
|
|||||
|
Total Notes
|
$
|
242,396,600.00
|
$
|
241,249,822.83
|
|||||
|
Difference
|
$
|
2,448,450.51
|
$
|
2,436,866.90
|
|||||
|
Parity Ratio
|
1.01010
|
1.01010
|
|||||||
|
Page 2 of 9
|
Trust 2013-3 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
|
618,071.35
|
||||
|
Guarantor Principal
|
1,115,096.83
|
||||
|
Consolidation Activity Principal
|
398,592.29
|
||||
|
Seller Principal Reimbursement
|
-
|
||||
|
Servicer Principal Reimbursement
|
-
|
||||
|
Rejected Claim Repurchased Principal
|
-
|
||||
|
Other Principal Deposits
|
-
|
||||
|
Total Principal Receipts
|
$
|
2,131,760.47
|
|||
|
B
|
Student Loan Interest Receipts
|
||||
|
Borrower Interest
|
312,454.16
|
||||
|
Guarantor Interest
|
30,403.78
|
||||
|
Consolidation Activity Interest
|
7,475.64
|
||||
|
Special Allowance Payments
|
0.00
|
||||
|
Interest Subsidy Payments
|
0.00
|
||||
|
Seller Interest Reimbursement
|
0.00
|
||||
|
Servicer Interest Reimbursement
|
(254.35
|
)
|
|||
|
Rejected Claim Repurchased Interest
|
0.00
|
||||
|
Other Interest Deposits
|
16,665.11
|
||||
|
Total Interest Receipts
|
$
|
366,744.34
|
|||
|
C
|
Reserves in Excess of Requirement
|
-
|
|||
|
D
|
Investment Income
|
$
|
18,881.41
|
||
| 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
|
$
|
(183,623.71
|
)
|
||
| M |
AVAILABLE FUNDS
|
$
|
2,333,762.51
|
||
| N |
Non-Cash Principal Activity During Collection Period
|
$
|
(856,158.99
|
)
|
|
| O |
Non-Reimbursable Losses During Collection Period
|
$
|
29,140.74
|
||
| P |
Aggregate Purchased Amounts by the Depositor, Servicer or Seller
|
-
|
|||
| Q |
Aggregate Loan Substitutions
|
-
|
|||
|
Page 3 of 9
|
Trust 2013-3 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date 05/26/2026 |
| III. |
2013-3 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
|
6.76%
|
|
30
|
$
|
172,149.10
|
0.072%
|
|
6.76%
|
|
30
|
$
|
172,149.10
|
0.071%
|
|
||||||||||||||||||
|
|
GRACE |
6.77%
|
|
8
|
$
|
34,128.00
|
0.014%
|
|
6.77%
|
|
8
|
$
|
34,128.00
|
0.014%
|
|
||||||||||||||||||
|
|
DEFERMENT
|
6.71%
|
|
2,138
|
$
|
14,726,946.46
|
6.118%
|
|
6.70%
|
|
2,192
|
$
|
15,242,102.96
|
6.298%
|
|
||||||||||||||||||
|
REPAYMENT:
|
CURRENT
|
6.85%
|
|
23,071
|
$
|
150,430,883.04
|
62.489%
|
|
6.85%
|
|
23,284
|
$
|
150,664,253.26
|
62.256%
|
|
||||||||||||||||||
|
|
31-60 DAYS DELINQUENT
|
6.81%
|
|
1,057
|
$
|
8,797,703.07
|
3.655%
|
|
6.88%
|
|
1,255
|
$
|
10,171,685.54
|
4.203%
|
|
||||||||||||||||||
|
|
61-90 DAYS DELINQUENT
|
6.86%
|
|
804
|
$
|
6,491,179.53
|
2.696%
|
|
6.87%
|
|
836
|
$
|
7,174,348.82
|
2.965%
|
|
||||||||||||||||||
|
|
91-120 DAYS DELINQUENT
|
6.86%
|
|
492
|
$
|
4,382,556.23
|
1.821%
|
|
6.91%
|
|
499
|
$
|
4,338,509.10
|
1.793%
|
|
||||||||||||||||||
|
|
> 120 DAYS DELINQUENT
|
6.88%
|
|
1,633
|
$
|
13,448,104.14
|
5.586%
|
|
6.88%
|
|
1,811
|
$
|
15,076,339.13
|
6.230%
|
|
||||||||||||||||||
|
|
FORBEARANCE
|
6.91%
|
|
4,564
|
$
|
38,919,781.35
|
16.167%
|
|
6.90%
|
|
4,272
|
$
|
36,424,678.30
|
15.051%
|
|
||||||||||||||||||
|
|
CLAIMS IN PROCESS
|
6.94%
|
|
381
|
$
|
3,326,978.10
|
1.382%
|
|
6.84%
|
|
346
|
$
|
2,707,816.29
|
1.119%
|
|
||||||||||||||||||
|
TOTAL
|
34,178
|
$
|
240,730,409.02
|
100.00%
|
|
34,533
|
$
|
242,006,010.50
|
100.00%
|
|
|||||||||||||||||||||||
|
Page 4 of 9
|
Trust 2013-3 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date 05/26/2026 |
| IV. |
2013-3 Portfolio Characteristics (cont'd)
|
|
04/30/2026
|
03/31/2026
|
|||||||
|
Pool Balance
|
$
|
243,686,689.73
|
$
|
244,845,050.51
|
||||
|
Outstanding Borrower Accrued Interest
|
$
|
12,458,908.73
|
$
|
12,395,067.58
|
||||
|
Borrower Accrued Interest to be Capitalized
|
$
|
2,956,280.71
|
$
|
2,839,040.01
|
||||
|
Borrower Accrued Interest >30 Days Delinquent
|
$
|
1,217,800.32
|
$
|
1,261,713.44
|
||||
|
Total # Loans
|
34,178
|
34,533
|
||||||
|
Total # Borrowers
|
14,093
|
14,243
|
||||||
|
Weighted Average Coupon
|
6.86
|
%
|
6.86
|
%
|
||||
|
Weighted Average Remaining Term
|
205.17
|
204.00
|
||||||
|
Non-Reimbursable Losses
|
$
|
29,140.74
|
$
|
76,473.47
|
||||
|
Cumulative Non-Reimbursable Losses
|
$
|
6,680,609.04
|
$
|
6,651,468.30
|
||||
|
Since Issued Constant Prepayment Rate (CPR)
|
-85.25
|
%
|
-84.55
|
%
|
||||
|
Loan Substitutions
|
-
|
-
|
||||||
|
Cumulative Loan Substitutions
|
-
|
-
|
||||||
|
Rejected Claim Repurchases
|
-
|
-
|
||||||
|
Cumulative Rejected Claim Repurchases
|
$
|
587,377.65
|
$
|
587,377.65
|
||||
|
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
|
$
|
886,477.98
|
$
|
901,947.40
|
||||
|
Borrower Interest Accrued
|
$
|
1,300,716.59
|
$
|
1,355,532.59
|
||||
|
Interest Subsidy Payments Accrued
|
$
|
50,310.93
|
$
|
53,192.56
|
||||
|
Special Allowance Payments Accrued
|
$
|
38,844.13
|
$
|
40,560.70
|
||||
|
Page 5 of 9
|
Trust 2013-3 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date 05/26/2026 |
| V. |
2013-3 Portfolio Statistics by School and Program
|
| A |
LOAN TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
%
|
*
|
|||||||||||
|
- GSL (1) - Subsidized
|
6.75
|
%
|
18,146
|
93,196,959.30
|
38.714
|
%
|
|||||||||||
|
- GSL - Unsubsidized
|
6.78
|
%
|
15,380
|
134,625,818.85
|
55.924
|
%
|
|||||||||||
|
- PLUS (2) Loans
|
8.46
|
%
|
652
|
12,907,630.87
|
5.362
|
%
|
|||||||||||
|
- SLS (3) Loans
|
0.00
|
%
|
0
|
-
|
0.000
|
%
|
|||||||||||
|
- Consolidation Loans
|
0.00
|
%
|
0
|
-
|
0.000
|
%
|
|||||||||||
|
Total
|
6.86
|
%
|
34,178
|
$
|
240,730,409.02
|
100.000
|
%
|
||||||||||
| B |
SCHOOL TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
%
|
*
|
|||||||||||
|
- Four Year
|
6.86
|
%
|
29,251
|
214,346,327.80
|
89.040
|
%
|
|||||||||||
|
- Two Year
|
6.83
|
%
|
4,104
|
21,910,241.60
|
9.102
|
%
|
|||||||||||
|
- Technical
|
6.81
|
%
|
798
|
4,369,477.07
|
1.815
|
%
|
|||||||||||
|
- Other
|
6.73
|
%
|
25
|
104,362.55
|
0.043
|
%
|
|||||||||||
|
Total
|
6.86
|
%
|
34,178
|
$
|
240,730,409.02
|
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 2013-3 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date 05/26/2026 |
| VI. |
2013-3 Waterfall for Distributions
|
|
Paid
|
Remaining
Funds Balance |
||||||||
|
Total Available Funds
|
$
|
2,333,762.51
|
|||||||
| A |
Trustee Fees |
- |
$ |
2,333,762.51 |
|||||
|
B
|
Primary Servicing Fee
|
$
|
72,475.32
|
$
|
2,261,287.19
|
||||
|
C
|
Administration Fee
|
$
|
6,667.00
|
$
|
2,254,620.19
|
||||
|
D
|
Class A Noteholders' Interest Distribution Amount
|
$
|
711,655.85
|
$
|
1,542,964.34
|
||||
| E |
Class B Noteholders' Interest Distribution Amount
|
$
|
148,292.63
|
$
|
1,394,671.71
|
||||
| F |
Reserve Account Reinstatement
|
- |
$ |
1,394,671.71
|
|||||
| G |
Class A Noteholders' Principal Distribution Amount
|
$
|
1,146,777.17
|
$
|
247,894.54
|
||||
| H |
Class B Noteholders' Principal Distribution Amount
|
- |
$ |
247,894.54
|
|||||
| I |
Unpaid Expenses of The Trustees
|
- |
$ |
247,894.54
|
|||||
| J |
Carryover Servicing Fee
|
- |
$ |
247,894.54
|
|||||
| K |
Remaining Amounts to the Noteholders after the first auction date
|
-
|
$
|
247,894.54
|
|||||
| L |
Excess Distribution Certificateholder
|
$
|
247,894.54
|
$
|
(0.00)
|
||||
|
Waterfall Triggers
|
|||||
|
A
|
Student Loan Principal Outstanding
|
$
|
240,730,409.02
|
||
|
B
|
Interest to be Capitalized
|
$
|
2,956,280.71
|
||
|
C
|
Capitalized Interest Account Balance
|
-
|
|||
|
D
|
Reserve Account Balance (after any reinstatement)
|
$
|
1,249,991.00
|
||
| E |
Less: Specified Reserve Account Balance
|
$
|
(1,249,991.00
|
)
|
|
| F |
Total
|
$
|
243,686,689.73
|
||
| G |
Class A Notes Outstanding (after application of available funds)
|
$
|
206,249,822.83
|
||
| 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 2013-3 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date 05/26/2026 |
| VII. |
2013-3 Distributions
|
|
A3
|
B |
|
||||||
|
Cusip/Isin
|
78447YAC6
|
78447YAD4
|
||||||
|
Beginning Balance
|
$
|
207,396,600.00
|
$
|
35,000,000.00
|
||||
|
Index
|
SOFR
|
SOFR
|
||||||
|
Spread/Fixed Rate
|
0.50
|
%
|
1.50
|
%
|
||||
|
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
|
%
|
5.25964
|
%
|
||||
|
Accrued Interest Factor
|
0.003431377
|
0.004236932
|
||||||
|
Current Interest Due
|
$
|
711,655.85
|
$
|
148,292.63
|
||||
|
Interest Shortfall from Prior Period Plus Accrued Interest
|
-
|
-
|
||||||
|
Total Interest Due
|
$
|
711,655.85
|
$
|
148,292.63
|
||||
|
Interest Paid
|
$
|
711,655.85
|
$
|
148,292.63
|
||||
|
Interest Shortfall
|
-
|
-
|
||||||
|
Principal Paid
|
$
|
1,146,777.17
|
-
|
|||||
|
Ending Principal Balance
|
$
|
206,249,822.83
|
$
|
35,000,000.00
|
||||
|
Paydown Factor
|
0.001808797
|
0.000000000
|
||||||
|
Ending Balance Factor
|
0.325315178
|
1.000000000
|
||||||
|
Page 8 of 9
|
Trust 2013-3 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date 05/26/2026 |
| VIII. |
2013-3 Reconciliations
|
| A |
Principal Distribution Reconciliation
|
||||
|
Notes Outstanding Principal Balance
|
$
|
242,396,600.00
|
|||
|
Adjusted Pool Balance
|
$
|
243,686,689.73
|
|||
|
Overcollateralization Amount
|
$
|
2,436,866.90
|
|||
|
Principal Distribution Amount
|
$
|
1,146,777.17
|
|||
|
Principal Distribution Amount Paid
|
$
|
1,146,777.17
|
|||
| B |
Reserve Account Reconciliation
|
||||
|
Beginning Period Balance
|
$
|
1,249,991.00
|
|||
|
Reserve Funds Utilized
|
0.00
|
||||
|
Reserve Funds Reinstated
|
0.00
|
||||
|
Balance Available
|
$
|
1,249,991.00
|
|||
|
Required Reserve Acct Balance
|
$
|
1,249,991.00
|
|||
|
Release to Collection Account
|
-
|
||||
|
Ending Reserve Account Balance
|
$
|
1,249,991.00
|
|||
| C |
Floor Income Rebate Account
|
||||
|
Beginning Period Balance
|
$
|
361,492.47
|
|||
|
Deposits for the Period
|
$
|
183,623.71
|
|||
|
Release to Collection Account
|
|
-
|
|||
|
Ending Balance
|
$
|
545,116.18
|
|||
| D |
Supplemental Purchase Account
|
||||
|
Beginning Period Balance
|
-
|
||||
|
Supplemental Loan Purchases
|
-
|
||||
|
Transfers to Collection Account
|
-
|
||||
|
Ending Balance
|
-
|
||||
|
Page 9 of 9
|
Trust 2013-3 Monthly Servicing Report: Collection Period 04/01/2026 - 04/30/2026, Distribution Date 05/26/2026 |