|
Page 1 of 9
|
Trust 2010-2 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
|
I.
|
Deal Parameters
|
|
A
|
Student Loan Portfolio Characteristics
|
08/26/2010
|
06/30/2026
|
07/31/2026
|
|||||||||
|
Principal Balance
|
$
|
679,589,352.80
|
$
|
96,208,713.86
|
$
|
95,269,349.60
|
|||||||
|
Interest to be Capitalized Balance
|
17,411,085.17
|
1,494,558.86
|
1,519,316.97
|
||||||||||
|
Pool Balance
|
$
|
697,000,437.97
|
$
|
97,703,272.72
|
$
|
96,788,666.57
|
|||||||
|
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
|
$
|
97,703,272.72
|
$
|
96,788,666.57
|
|||||||
|
Weighted Average Coupon (WAC)
|
5.14%
|
|
6.82%
|
|
6.64%
|
|
|||||||
|
Number of Loans
|
193,647
|
12,989
|
12,803
|
||||||||||
|
Aggregate Outstanding Principal Balance - Tbill
|
$
|
20,589,571.22
|
$
|
20,364,355.29
|
|||||||||
|
Aggregate Outstanding Principal Balance - SOFR
|
$
|
77,113,701.50
|
$
|
76,424,311.28
|
|||||||||
|
Pool Factor
|
0.132987344 |
0.131742442 |
|||||||||||
|
Since Issued Constant Prepayment Rate
|
(42.47)%
|
|
(42.83)%
|
|
|||||||||
| (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
|
|||||||
| A |
78446AAA3
|
$
|
70,324,272.72
|
$
|
69,409,666.57
|
||||||
| B |
78446AAB1
|
$
|
22,379,000.00
|
$
|
22,379,000.00
|
||||||
|
C
|
Account Balances
|
07/27/2026
|
08/25/2026
|
||||||
|
Reserve Account Balance
|
$
|
1,130,416.00
|
$
|
1,130,416.00
|
|||||
|
Capitalized Interest Account Balance
|
-
|
-
|
|||||||
|
Floor Income Rebate Account
|
$
|
124,574.77
|
$
|
185,732.12
|
|||||
|
Supplemental Loan Purchase Account
|
-
|
-
|
|||||||
|
D
|
Asset / Liability
|
07/27/2026
|
08/25/2026
|
||||||
|
Adjusted Pool Balance + Supplemental Loan Purchase
|
$
|
97,703,272.72
|
$
|
96,788,666.57
|
|||||
|
Total Notes
|
$
|
92,703,272.72
|
$
|
91,788,666.57
|
|||||
|
Difference
|
$
|
5,000,000.00
|
$
|
5,000,000.00
|
|||||
|
Parity Ratio
|
1.05394
|
1.05447
|
|||||||
|
Page 2 of 9
|
Trust 2010-2 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
|
154,244.63
|
||||
|
Guarantor Principal
|
708,378.04
|
||||
|
Consolidation Activity Principal
|
402,117.23
|
||||
|
Seller Principal Reimbursement
|
-
|
||||
|
Servicer Principal Reimbursement
|
-
|
||||
|
Rejected Claim Repurchased Principal
|
-
|
||||
|
Other Principal Deposits
|
-
|
||||
|
Total Principal Receipts
|
$
|
1,264,739.90
|
|||
|
B
|
Student Loan Interest Receipts
|
||||
|
Borrower Interest
|
91,503.34
|
||||
|
Guarantor Interest
|
59,963.83
|
||||
|
Consolidation Activity Interest
|
9,387.88
|
||||
|
Special Allowance Payments
|
0.00
|
||||
|
Interest Subsidy Payments
|
0.00
|
||||
|
Seller Interest Reimbursement
|
0.00
|
||||
|
Servicer Interest Reimbursement
|
10.59
|
||||
|
Rejected Claim Repurchased Interest
|
0.00
|
||||
|
Other Interest Deposits
|
6,149.92
|
||||
|
Total Interest Receipts
|
$
|
167,015.56
|
|||
|
C
|
Reserves in Excess of Requirement
|
-
|
|||
|
D
|
Investment Income
|
$
|
8,568.48
|
||
|
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
|
$
|
(61,157.35)
|
|
||
|
M
|
AVAILABLE FUNDS
|
$
|
1,379,166.59
|
||
|
N
|
Non-Cash Principal Activity During Collection Period
|
$
|
(325,375.64)
|
|
|
|
O
|
Non-Reimbursable Losses During Collection Period
|
$
|
12,949.14
|
||
|
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 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
|
III.
|
2010-2 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
|
6.47%
|
|
8
|
$
|
38,125.00
|
0.040%
|
|
6.80%
|
|
6
|
$
|
17,625.00 |
0.018% |
|
||||||||||||||||||
| GRACE |
6.78%
|
|
1
|
$
|
1,311.99
|
0.001%
|
|
6.82%
|
|
3
|
$
|
21,811.99 |
0.023% |
|
|||||||||||||||||||
|
DEFERMENT
|
6.53%
|
|
897
|
$
|
6,309,381.78
|
6.623%
|
|
6.71%
|
|
875
|
$
|
6,187,535.80 |
6.431% |
|
|||||||||||||||||||
|
REPAYMENT:
|
CURRENT
|
6.64%
|
|
8,257
|
$
|
57,602,474.21
|
60.463%
|
|
6.83%
|
|
8,433
|
$
|
58,876,575.70 |
61.197% |
|
||||||||||||||||||
|
31-60 DAYS DELINQUENT
|
6.62%
|
|
430
|
$
|
3,842,791.36
|
4.034%
|
|
6.77%
|
|
480
|
$
|
3,634,320.94 |
3.778% |
|
|||||||||||||||||||
|
61-90 DAYS DELINQUENT
|
6.60%
|
|
307
|
$
|
2,423,188.43
|
2.544%
|
|
6.83%
|
|
375
|
$
|
2,820,216.83 |
2.931% |
|
|||||||||||||||||||
|
91-120 DAYS DELINQUENT
|
6.67%
|
|
253
|
$
|
2,055,477.76
|
2.158%
|
|
6.77%
|
|
180
|
$
|
1,531,161.78 |
1.592% |
|
|||||||||||||||||||
|
> 120 DAYS DELINQUENT
|
6.70%
|
|
647
|
$
|
5,427,152.04
|
5.697%
|
|
6.85%
|
|
672
|
$
|
5,498,898.93 |
5.716% |
|
|||||||||||||||||||
| |
FORBEARANCE |
6.66%
|
|
1,845
|
$
|
16,292,218.13
|
17.101%
|
|
6.84%
|
|
1,806
|
$
|
16,361,044.17 |
17.006% |
|
||||||||||||||||||
|
CLAIMS IN PROCESS
|
6.63%
|
|
158
|
$
|
1,277,228.90
|
1.341%
|
|
6.85%
|
|
159
|
$
|
1,259,522.72 |
1.309% |
|
|||||||||||||||||||
|
TOTAL
|
12,803
|
$
|
95,269,349.60
|
100.00%
|
|
12,989
|
$
|
96,208,713.86 |
100.00% |
|
|||||||||||||||||||||||
|
Page 4 of 9
|
Trust 2010-2 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
|
IV.
|
2010-2 Portfolio Characteristics (cont’d)
|
|
07/31/2026
|
06/30/2026
|
|||||||
|
Pool Balance
|
$
|
96,788,666.57
|
$
|
97,703,272.72
|
||||
|
Outstanding Borrower Accrued Interest
|
$
|
5,543,924.71
|
$
|
5,528,532.16
|
||||
|
Borrower Accrued Interest to be Capitalized
|
$
|
1,519,316.97
|
$
|
1,494,558.86
|
||||
|
Borrower Accrued Interest >30 Days Delinquent
|
$
|
516,072.02
|
$
|
530,260.02
|
||||
|
Total # Loans
|
12,803
|
12,989
|
||||||
|
Total # Borrowers
|
5,613
|
5,690
|
||||||
|
Weighted Average Coupon
|
6.64%
|
|
6.82%
|
|
||||
|
Weighted Average Remaining Term
|
197.21
|
197.25
|
||||||
|
Non-Reimbursable Losses
|
$
|
12,949.14
|
$
|
11,161.17
|
||||
|
Cumulative Non-Reimbursable Losses
|
$
|
6,853,377.70
|
$
|
6,840,428.56
|
||||
|
Since Issued Constant Prepayment Rate (CPR)
|
-42.83%
|
|
-42.47%
|
|
||||
|
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
|
$
|
337,998.26
|
$
|
447,435.82
|
||||
|
Borrower Interest Accrued
|
$
|
516,876.44
|
$
|
517,589.94
|
||||
|
Interest Subsidy Payments Accrued
|
$
|
19,028.21
|
$
|
20,065.84
|
||||
|
Special Allowance Payments Accrued
|
$
|
20,665.75
|
$
|
14,408.11
|
||||
|
Page 5 of 9
|
Trust 2010-2 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
|
V.
|
2010-2 Portfolio Statistics by School and Program
|
|
A
|
LOAN TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
%*
|
||||||||||||
|
- GSL (1) - Subsidized
|
6.42%
|
|
7,154
|
36,417,663.82
|
38.226%
|
|
|||||||||||
|
- GSL - Unsubsidized
|
6.68%
|
|
5,373
|
53,909,108.32
|
56.586%
|
|
|||||||||||
|
- PLUS (2) Loans
|
7.84%
|
|
192
|
4,112,484.05
|
4.317%
|
|
|||||||||||
|
- SLS (3) Loans
|
7.16%
|
|
84
|
830,093.41
|
0.871%
|
|
|||||||||||
|
- Consolidation Loans
|
0.00%
|
|
0
|
-
|
0.000%
|
|
|||||||||||
|
Total
|
6.64%
|
|
12,803
|
$
|
95,269,349.60
|
100.000%
|
|
||||||||||
|
B
|
SCHOOL TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
%*
|
||||||||||||
|
- Four Year
|
6.66%
|
|
10,201
|
81,895,460.10
|
85.962%
|
|
|||||||||||
|
- Two Year
|
6.53%
|
|
1,813
|
9,422,503.61
|
9.890%
|
|
|||||||||||
|
- Technical
|
6.49%
|
|
783
|
3,945,692.51
|
4.142%
|
|
|||||||||||
|
- Other
|
5.78%
|
|
6
|
5,693.38
|
0.006%
|
|
|||||||||||
|
Total
|
6.64%
|
|
12,803
|
$
|
95,269,349.60
|
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 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
|
VI.
|
2010-2 Waterfall for Distributions
|
|
Paid
|
Remaining
Funds Balance
|
||||||||
|
Total Available Funds
|
$
|
1,379,166.59
|
|||||||
| A |
Trustee Fees |
- |
$ |
1,379,166.59 |
|||||
| B |
Primary Servicing Fee
|
$
|
33,449.48
|
$
|
1,345,717.11
|
||||
|
C
|
Administration Fee
|
$
|
6,667.00
|
$
|
1,339,050.11
|
||||
| D |
Class A Noteholders’ Interest Distribution Amount
|
$
|
239,661.68
|
$
|
1,099,388.43
|
||||
| E |
Class B Noteholders’ Interest Distribution Amount
|
$
|
83,477.55
|
$
|
1,015,910.88
|
||||
| F |
Reserve Account Reinstatement
|
-
|
$
|
1,015,910.88
|
|||||
| G |
Class A Noteholders’ Principal Distribution Amount
|
$ |
914,606.15
|
$ |
101,304.73
|
||||
| H |
Class B Noteholders’ Principal Distribution Amount
|
-
|
$ |
101,304.73
|
|||||
| I |
Unpaid Expenses of The Trustees
|
-
|
$ |
101,304.73
|
|||||
| J |
Carryover Servicing Fee
|
-
|
$ |
101,304.73
|
|||||
| K |
Remaining Amounts to the Noteholders after the first auction date
|
-
|
$ |
101,304.73
|
|||||
| L |
Excess Distribution Certificateholder
|
$ |
101,304.73
|
-
|
|||||
|
Waterfall Triggers
|
|||||||||
|
A
|
Student Loan Principal Outstanding
|
$
|
95,269,349.60
|
||||||
|
B
|
Interest to be Capitalized
|
$
|
1,519,316.97
|
||||||
|
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
|
$
|
96,788,666.57
|
||||||
|
G
|
Class A Notes Outstanding (after application of available funds)
|
$
|
69,409,666.57
|
||||||
|
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 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
|
VII.
|
2010-2 Distributions
|
| A | B | |||||||
|
Cusip/Isin
|
78446AAA3
|
78446AAB1
|
||||||
|
Beginning Balance
|
$
|
70,324,272.72
|
$
|
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
|
7/27/2026
|
7/27/2026
|
||||||
|
Accrual Period End
|
8/25/2026
|
8/25/2026
|
||||||
|
Daycount Fraction
|
0.08055556
|
0.08055556
|
||||||
|
Interest Rate*
|
4.23056%
|
|
4.63056%
|
|
||||
|
Accrued Interest Factor
|
0.003407951
|
0.003730173
|
||||||
|
Current Interest Due
|
$
|
239,661.68
|
$
|
83,477.55
|
||||
|
Interest Shortfall from Prior Period Plus Accrued Interest
|
-
|
-
|
||||||
|
Total Interest Due
|
$
|
239,661.68
|
$
|
83,477.55
|
||||
|
Interest Paid
|
$
|
239,661.68
|
$
|
83,477.55
|
||||
|
Interest Shortfall
|
-
|
-
|
||||||
|
Principal Paid
|
$
|
914,606.15
|
-
|
|||||
|
Ending Principal Balance
|
$
|
69,409,666.57
|
$
|
22,379,000.00
|
||||
|
Paydown Factor
|
0.001239304
|
0.000000000
|
||||||
|
Ending Balance Factor
|
0.094051039
|
1.000000000
|
||||||
|
Page 8 of 9
|
Trust 2010-2 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
|
VIII.
|
2010-2 Reconciliations
|
|
A
|
Principal Distribution Reconciliation
|
||||
|
Notes Outstanding Principal Balance
|
$
|
92,703,272.72
|
|||
|
Adjusted Pool Balance
|
$
|
96,788,666.57
|
|||
|
Overcollateralization Amount
|
$
|
5,000,000.00
|
|||
|
Principal Distribution Amount
|
$
|
914,606.15
|
|||
|
Principal Distribution Amount Paid
|
$
|
914,606.15
|
|||
|
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
|
$
|
124,574.77
|
|||
|
Deposits for the Period
|
$
|
61,157.35
|
|||
|
Release to Collection Account
|
-
|
|
|||
|
Ending Balance
|
$
|
185,732.12
|
|||
|
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 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|