|
Page 1 of 9
|
Trust 2013-5 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date
08/25/2026 |
| I. |
Deal Parameters
|
|
A
|
Student Loan Portfolio Characteristics
|
09/19/2013
|
06/30/2026
|
07/31/2026
|
|||||||||
|
Principal Balance
|
$
|
956,725,270.81
|
$
|
174,486,198.99
|
$
|
173,591,946.11
|
|||||||
|
Interest to be Capitalized Balance
|
20,662,241.00
|
1,895,531.91
|
1,984,475.58
|
||||||||||
|
Pool Balance
|
$
|
977,387,511.81
|
$
|
176,381,730.90
|
$
|
175,576,421.69
|
|||||||
|
Specified Reserve Account Balance
|
4,994,371.00
|
- N/A -
|
- N/A -
|
||||||||||
|
Adjusted Pool (1)
|
$
|
982,381,882.81
|
$
|
176,381,730.90
|
$
|
175,576,421.69
|
|||||||
|
Weighted Average Coupon (WAC)
|
6.75%
|
|
6.94%
|
|
6.84%
|
|
|||||||
|
Number of Loans
|
202,865
|
24,465
|
24,236
|
||||||||||
|
Aggregate Outstanding Principal Balance - Tbill
|
-
|
-
|
|||||||||||
|
|
Aggregate Outstanding Principal Balance - SOFR |
$
|
176,381,730.90
|
$
|
175,576,421.69
|
||||||||
|
|
Pool Factor |
0.176580519
|
0.175774303
|
||||||||||
|
|
Since Issued Constant Prepayment Rate |
(56.00)%
|
|
(56.45)%
|
|
||||||||
| (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
|
07/27/2026
|
08/25/2026
|
|||||||
|
A3
|
78448BAC5
|
$
|
147,224,972.57
|
$
|
146,420,657.47
|
||||||
| B |
78448BAD3
|
$
|
27,400,000.00
|
$
|
27,400,000.00
|
||||||
|
C
|
Account Balances
|
07/27/2026
|
08/25/2026
|
||||||
|
Reserve Account Balance
|
$
|
998,874.00
|
$
|
998,874.00
|
|||||
|
Capitalized Interest Account Balance
|
-
|
-
|
|||||||
|
Floor Income Rebate Account
|
$
|
285,676.25
|
$
|
425,442.41
|
|||||
|
Supplemental Loan Purchase Account
|
-
|
-
|
|||||||
|
D
|
Asset / Liability
|
07/27/2026
|
08/25/2026
|
||||||
|
Adjusted Pool Balance + Supplemental Loan Purchase
|
$
|
176,381,730.90
|
$
|
175,576,421.69
|
|||||
|
Total Notes
|
$
|
174,624,972.57
|
$
|
173,820,657.47
|
|||||
|
Difference
|
$
|
1,756,758.33
|
$
|
1,755,764.22
|
|||||
|
Parity Ratio
|
1.01006
|
1.01010
|
|||||||
|
Page 2 of 9
|
Trust 2013-5 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date
08/25/2026 |
| II. |
Trust Activity 07/01/2026 through 07/31/2026
|
|
A
|
Student Loan Principal Receipts
|
||||
|
Borrower Principal
|
495,159.72
|
||||
|
Guarantor Principal
|
546,302.04
|
||||
|
Consolidation Activity Principal
|
384,774.05
|
||||
|
Seller Principal Reimbursement
|
-
|
||||
|
Servicer Principal Reimbursement
|
1,664.56
|
||||
|
Rejected Claim Repurchased Principal
|
-
|
||||
|
Other Principal Deposits
|
-
|
||||
|
Total Principal Receipts
|
$
|
1,427,900.37
|
|||
|
B
|
Student Loan Interest Receipts
|
||||
|
Borrower Interest
|
246,225.56
|
||||
|
Guarantor Interest
|
23,905.33
|
||||
|
Consolidation Activity Interest
|
6,724.92
|
||||
|
Special Allowance Payments
|
0.00
|
||||
|
Interest Subsidy Payments
|
0.00
|
||||
|
Seller Interest Reimbursement
|
0.00
|
||||
|
Servicer Interest Reimbursement
|
137.52
|
|
|||
|
Rejected Claim Repurchased Interest
|
0.00
|
||||
|
Other Interest Deposits
|
7,230.82
|
||||
|
Total Interest Receipts
|
$
|
284,224.15
|
|||
|
C
|
Reserves in Excess of Requirement
|
|
-
|
||
|
D
|
Investment Income
|
$
|
10,921.70
|
||
|
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
|
$
|
(139,766.16)
|
|
||
|
M
|
AVAILABLE FUNDS
|
$
|
1,583,280.06
|
||
|
N
|
Non-Cash Principal Activity During Collection Period
|
$
|
(533,647.49)
|
|
|
|
O
|
Non-Reimbursable Losses During Collection Period
|
$
|
9,856.84
|
||
|
P
|
Aggregate Purchased Amounts by the Depositor, Servicer or Seller
|
|
-
|
||
|
Q
|
Aggregate Loan Substitutions
|
-
|
|||
|
Page 3 of 9
|
Trust 2013-5 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date
08/25/2026 |
| III. |
2013-5 Portfolio Characteristics
|
|
07/31/2026
|
06/30/2026
|
||||||||||||||||||||||||||||||||
|
Wtd Avg
Coupon
|
# Loans
|
Principal
|
% of
Principal
|
Wtd Avg
Coupon
|
# Loans
|
Principal
|
% of
Principal
|
||||||||||||||||||||||||||
|
INTERIM:
|
IN SCHOOL
|
6.57%
|
|
19
|
$
|
79,538.07
|
0.046%
|
|
6.68%
|
|
19
|
$
|
79,538.07
|
0.046%
|
|
||||||||||||||||||
|
DEFERMENT
|
6.65%
|
|
1,373
|
$
|
10,054,038.09
|
5.792%
|
|
6.71%
|
|
1,401
|
$
|
10,429,056.96
|
5.977%
|
|
|||||||||||||||||||
|
REPAYMENT:
|
CURRENT
|
6.86% |
|
17,374 |
$
|
117,230,889.54 |
67.532% |
|
6.96% |
|
17,602 |
$
|
119,749,655.21 |
68.630% |
|
||||||||||||||||||
|
31-60 DAYS DELINQUENT
|
6.83%
|
|
659
|
$
|
5,906,301.20
|
3.402%
|
|
6.82%
|
|
759
|
$
|
6,108,748.38
|
3.501%
|
|
|||||||||||||||||||
|
|
61-90 DAYS DELINQUENT |
6.75%
|
|
475
|
$
|
3,932,246.78
|
2.265%
|
|
7.10%
|
|
418
|
$
|
4,223,145.05
|
2.420%
|
|
||||||||||||||||||
|
|
91-120 DAYS DELINQUENT |
6.90%
|
|
297 |
$
|
2,567,767.10
|
1.479%
|
|
7.01%
|
|
287 |
$
|
2,208,674.64
|
1.266%
|
|
||||||||||||||||||
|
|
> 120 DAYS DELINQUENT |
7.04%
|
|
913 |
$
|
8,316,787.38
|
4.791%
|
|
7.09%
|
|
928
|
$
|
8,280,673.21
|
4.746%
|
|
||||||||||||||||||
|
|
FORBEARANCE | 6.80% |
|
2,949 |
$
|
24,277,848.46 |
13.986% |
|
6.90% |
|
2,864 |
$
|
22,097,998.80 |
12.665% |
|
||||||||||||||||||
|
|
CLAIMS IN PROCESS |
7.01%
|
|
177 |
$
|
1,226,529.49
|
0.707%
|
|
6.98%
|
|
187
|
$
|
1,308,708.67
|
0.750%
|
|
||||||||||||||||||
|
TOTAL
|
24,236
|
$
|
173,591,946.11 | 100.00% |
|
24,465
|
$
|
174,486,198.99
|
100.00% |
|
|||||||||||||||||||||||
|
Page 4 of 9
|
Trust 2013-5 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date
08/25/2026 |
| IV. |
2013-5 Portfolio Characteristics (cont’d) |
|
07/31/2026
|
06/30/2026
|
|||||||
|
Pool Balance
|
$
|
175,576,421.69 |
$
|
176,381,730.90 |
||||
|
Outstanding Borrower Accrued Interest
|
$
|
10,035,130.59
|
$
|
9,889,942.06
|
||||
|
Borrower Accrued Interest to be Capitalized
|
$
|
1,984,475.58
|
$
|
1,895,531.91
|
||||
|
Borrower Accrued Interest >30 Days Delinquent
|
$
|
752,162.13
|
$
|
857,789.68
|
||||
|
Total # Loans
|
24,236
|
24,465
|
||||||
|
Total # Borrowers
|
6,648
|
6,718
|
||||||
|
Weighted Average Coupon
|
6.84% |
|
6.94% |
|
||||
|
Weighted Average Remaining Term
|
209.27 |
209.30
|
||||||
|
Non-Reimbursable Losses
|
$
|
9,856.84
|
$
|
12,970.12
|
||||
|
Cumulative Non-Reimbursable Losses
|
$
|
3,432,342.05
|
$
|
3,422,485.21
|
||||
|
Since Issued Constant Prepayment Rate (CPR)
|
-56.45% |
|
-56.00% |
|
||||
|
Loan Substitutions
|
-
|
-
|
||||||
|
Cumulative Loan Substitutions
|
-
|
-
|
||||||
|
Rejected Claim Repurchases
|
- |
- |
||||||
|
Cumulative Rejected Claim Repurchases
|
$
|
211,826.85
|
$
|
211,826.85
|
||||
|
Unpaid Primary Servicing Fees
|
-
|
-
|
||||||
|
Unpaid Administration Fees
|
-
|
-
|
||||||
|
Unpaid Carryover Servicing Fees
|
-
|
- |
||||||
|
Note Principal Shortfall
|
-
|
$ |
7,058.98
|
|||||
|
Note Interest Shortfall
|
-
|
-
|
||||||
|
Unpaid Interest Carryover
|
- |
- |
||||||
|
Non-Cash Principal Activity - Capitalized Interest
|
$
|
542,814.44
|
$
|
600,840.58
|
||||
|
Borrower Interest Accrued
|
$
|
967,872.89
|
$
|
954,947.64
|
||||
|
Interest Subsidy Payments Accrued
|
$
|
30,390.10
|
$
|
30,353.49
|
||||
|
Special Allowance Payments Accrued
|
$
|
37,633.58
|
$
|
33,959.67
|
||||
|
Page 5 of 9
|
Trust 2013-5 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026 |
| V. |
2013-5 Portfolio Statistics by School and Program |
|
A
|
LOAN TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
%*
|
||||||||||||
|
- GSL (1) - Subsidized
|
6.56% |
|
12,666 |
59,622,717.17 |
34.346% |
|
|||||||||||
|
- GSL - Unsubsidized
|
6.66%
|
|
10,973
|
93,208,057.83
|
53.694%
|
|
|||||||||||
|
- PLUS (2) Loans
|
8.47%
|
|
597 |
20,761,171.11
|
11.960%
|
|
|||||||||||
|
- SLS (3) Loans
|
0.00%
|
|
0
|
-
|
0.000%
|
|
|||||||||||
|
- Consolidation Loans
|
0.00%
|
|
0 |
- |
0.000%
|
|
|||||||||||
|
Total
|
6.84% |
|
24,236 |
$
|
173,591,946.11 |
100.000% |
|
||||||||||
|
B
|
SCHOOL TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
%*
|
|
|||||||||||
|
- Four Year
|
6.86% |
|
21,371 |
160,730,834.28 |
92.591% |
|
|||||||||||
|
- Two Year
|
6.60%
|
|
2,304
|
10,240,259.90
|
5.899%
|
|
|||||||||||
|
- Technical
|
6.63%
|
|
541
|
2,560,123.02
|
1.475%
|
|
|||||||||||
|
- Other
|
6.56%
|
|
20 |
60,728.91
|
0.035%
|
|
|||||||||||
|
Total
|
6.84% |
|
24,236 |
$
|
173,591,946.11 |
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 2013-5 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date
08/25/2026 |
| VI. |
2013-5 Waterfall for Distributions |
|
Paid
|
Remaining
Funds Balance
|
||||||||
|
Total Available Funds
|
$
|
1,583,280.06 |
|||||||
| A |
Trustee Fees |
- |
$ |
1,583,280.06 | |||||
| B |
Primary Servicing Fee
|
$
|
33,907.30 |
$
|
1,549,372.76 |
||||
| C |
Administration Fee
|
$
|
6,667.00 |
$
|
1,542,705.76 |
||||
| D |
Class A Noteholders’ Interest Distribution Amount
|
$
|
513,595.30 |
$
|
1,029,110.46 |
||||
| E |
Class B Noteholders’ Interest Distribution Amount
|
$
|
115,450.08 |
$
|
913,660.38 |
||||
| F |
Reserve Account Reinstatement
|
- |
$
|
913,660.38 | |||||
| G |
Class A Noteholders’ Principal Distribution Amount
|
$
|
804,315.10 |
$
|
109,345.28 |
||||
| H |
Class B Noteholders’ Principal Distribution Amount
|
- |
$
|
109,345.28 | |||||
| I |
Unpaid Expenses of The Trustees
|
- |
$
|
109,345.28 | |||||
| J |
Carryover Servicing Fee
|
- |
$
|
109,345.28 | |||||
| K |
Remaining Amounts to the Noteholders after the first auction date
|
- |
$
|
109,345.28 | |||||
| L |
Excess Distribution Certificateholder
|
$
|
109,345.28 | - |
|||||
|
Waterfall Triggers
|
|||||
| A |
Student Loan Principal Outstanding
|
$
|
173,591,946.11 |
||
| B |
Interest to be Capitalized
|
$
|
1,984,475.58
|
||
| C |
Capitalized Interest Account Balance
|
- |
|||
| D |
Reserve Account Balance (after any reinstatement)
|
$
|
998,874.00
|
||
| E |
Less: Specified Reserve Account Balance
|
$
|
(998,874.00)
|
|
|
| F |
Total
|
$
|
175,576,421.69
|
||
|
G
|
Class A Notes Outstanding (after application of available funds)
|
$
|
146,420,657.47
|
||
|
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 2013-5 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date
08/25/2026 |
| VII. |
2013-5 Distributions |
| A3 |
B |
|
||||||
|
Cusip/Isin
|
78448BAC5 |
78448BAD3 |
||||||
|
Beginning Balance
|
$
|
147,224,972.57
|
$
|
27,400,000.00
|
||||
|
Index
|
SOFR | SOFR | ||||||
|
Spread/Fixed Rate
|
0.60%
|
|
1.50%
|
|
||||
|
Record Date (Days Prior to Distribution)
|
1 NEW YORK BUSINESS DAY
|
1 NEW YORK BUSINESS DAY
|
||||||
|
Accrual Period Begin
|
7/27/2026
|
7/27/2026
|
||||||
|
Accrual Period End
|
8/25/2026
|
8/25/2026
|
||||||
|
Daycount Fraction
|
0.08055556
|
0.08055556
|
||||||
|
Interest Rate*
|
4.33056%
|
|
5.23056%
|
|
||||
|
Accrued Interest Factor
|
0.003488507 |
0.004213507 |
||||||
|
Current Interest Due
|
$
|
513,595.30
|
115,450.08
|
|||||
|
Interest Shortfall from Prior Period Plus Accrued Interest
|
- |
- |
||||||
|
Total Interest Due
|
$
|
513,595.30
|
$
|
115,450.08
|
||||
|
Interest Paid
|
$
|
513,595.30
|
$
|
115,450.08
|
||||
|
Interest Shortfall
|
- |
- |
||||||
|
Principal Paid
|
$
|
804,315.10
|
- |
|||||
|
Ending Principal Balance
|
$
|
146,420,657.47
|
$
|
27,400,000.00
|
||||
|
Paydown Factor
|
0.001578946
|
0.000000000 |
||||||
|
Ending Balance Factor
|
0.287437490
|
1.000000000
|
||||||
|
Page 8 of 9
|
Trust 2013-5 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date
08/25/2026 |
| VIII. |
2013-5 Reconciliations |
|
A
|
Principal Distribution Reconciliation
|
||||
|
Notes Outstanding Principal Balance
|
$
|
174,624,972.57 |
|||
|
Adjusted Pool Balance
|
$
|
175,576,421.69
|
|||
|
Overcollateralization Amount
|
$
|
1,755,764.22
|
|||
|
Principal Distribution Amount
|
$
|
804,315.10
|
|||
|
Principal Distribution Amount Paid
|
$
|
804,315.10
|
|||
|
B
|
Reserve Account Reconciliation
|
||||
|
Beginning Period Balance
|
$
|
998,874.00
|
|||
|
Reserve Funds Utilized
|
0.00
|
||||
|
Reserve Funds Reinstated
|
0.00
|
||||
|
Balance Available
|
$
|
998,874.00
|
|||
|
Required Reserve Acct Balance
|
$
|
998,874.00
|
|||
|
Release to Collection Account
|
- |
||||
|
Ending Reserve Account Balance
|
$
|
998,874.00
|
|||
|
C
|
Floor Income Rebate Account
|
||||
|
Beginning Period Balance
|
$
|
285,676.25 |
|||
|
Deposits for the Period
|
$
|
139,766.16
|
|||
|
Release to Collection Account
|
|
- |
|
||
|
Ending Balance
|
$
|
425,442.41
|
|||
|
D
|
Supplemental Purchase Account
|
||||
|
Beginning Period Balance
|
-
|
||||
|
Supplemental Loan Purchases
|
-
|
||||
|
Transfers to Collection Account
|
-
|
||||
|
Ending Balance
|
- |
||||
|
Page 9 of 9
|
Trust 2013-5 Monthly Servicing Report: Collection Period 07/01/2026 -
07/31/2026, Distribution Date 08/25/2026 |