|
Page 1 of 9
|
Trust 2012-6 Monthly Servicing Report: Collection Period 08/01/2026 - 08/31/2026, Distribution Date 09/25/2026 |
| I. |
Deal Parameters
|
|
A
|
Student Loan Portfolio Characteristics
|
09/20/2012
|
07/31/2026
|
08/31/2026
|
|||||||||
|
Principal Balance
|
$
|
1,181,065,142.80
|
$
|
176,239,360.67
|
$
|
175,365,226.01
|
|||||||
|
|
Interest to be Capitalized Balance
|
42,536,761.45
|
2,663,766.96
|
2,616,610.81
|
|||||||||
|
Pool Balance
|
$
|
1,223,601,904.25
|
$
|
178,903,127.63
|
$
|
177,981,836.82
|
|||||||
|
|
Capitalized Interest Account Balance
|
$
|
10,000,000.00
|
-
|
-
|
||||||||
|
|
Specified Reserve Account Balance
|
3,118,972.00
|
- N/A -
|
- N/A -
|
|||||||||
|
|
Adjusted Pool (1)
|
$
|
1,236,720,876.25
|
$
|
178,903,127.63
|
$
|
177,981,836.82
|
||||||
|
|
Weighted Average Coupon (WAC)
|
6.70%
|
|
6.93%
|
|
6.93%
|
|
||||||
|
|
Number of Loans
|
245,812
|
23,605
|
23,401
|
|||||||||
|
|
Aggregate Outstanding Principal Balance - Tbill
|
$
|
891,407.73
|
$
|
891,741.54
|
||||||||
|
|
Aggregate Outstanding Principal Balance - SOFR
|
$
|
178,011,719.90
|
$
|
177,090,095.28
|
||||||||
|
|
Pool Factor
|
0.143399112
|
0.142660655
|
||||||||||
|
|
Since Issued Constant Prepayment Rate
|
(75.66)%
|
|
(75.54)%
|
|
||||||||
| (1) |
The Specified Reserve Account balance is included in the Adjusted Pool until the Pool Balance is less than 40% of the original pool.
|
|
B
|
Debt Securities
|
Cusip/Isin
|
08/25/2026
|
09/25/2026
|
|||||||
|
A3
|
78447GAC5
|
$
|
137,459,968.55
|
$
|
136,291,352.89
|
||||||
| B |
78447GAD3
|
$
|
37,400,000.00
|
$
|
37,400,000.00
|
||||||
|
C
|
Account Balances
|
08/25/2026
|
09/25/2026
|
||||||
|
Reserve Account Balance
|
|
-
|
|
-
|
|||||
|
|
Capitalized Interest Account Balance
|
-
|
-
|
||||||
|
|
Floor Income Rebate Account
|
$
|
512,528.95
|
$
|
164,296.07
|
||||
|
|
Supplemental Loan Purchase Account
|
-
|
-
|
||||||
|
D
|
Asset / Liability
|
08/25/2026
|
09/25/2026
|
||||||
|
|
Adjusted Pool Balance + Supplemental Loan Purchase
|
$
|
178,903,127.63
|
$
|
177,981,836.82
|
||||
|
|
Total Notes
|
$
|
174,859,968.55
|
$
|
173,691,352.89
|
||||
|
|
Difference
|
$
|
4,043,159.08
|
$
|
4,290,483.93
|
||||
|
|
Parity Ratio
|
1.02312
|
1.02470
|
||||||
|
Page 2 of 9
|
Trust 2012-6 Monthly Servicing Report: Collection Period 08/01/2026 - 08/31/2026, Distribution Date 09/25/2026 |
| II. |
Trust Activity 08/01/2026 through 08/31/2026
|
|
A
|
Student Loan Principal Receipts
|
||||
|
Borrower Principal
|
650,557.97
|
||||
|
Guarantor Principal
|
627,553.91
|
||||
|
Consolidation Activity Principal
|
149,296.03
|
||||
|
Seller Principal Reimbursement
|
-
|
||||
|
Servicer Principal Reimbursement
|
-
|
||||
|
Rejected Claim Repurchased Principal
|
-
|
||||
|
Other Principal Deposits
|
-
|
||||
|
Total Principal Receipts
|
$
|
1,427,407.91
|
|||
|
B
|
Student Loan Interest Receipts
|
||||
|
Borrower Interest
|
267,451.85
|
||||
|
Guarantor Interest
|
27,335.13
|
||||
|
Consolidation Activity Interest
|
5,149.77
|
||||
|
Special Allowance Payments
|
90,888.69
|
||||
|
Interest Subsidy Payments
|
92,167.85
|
||||
|
Seller Interest Reimbursement
|
0.00
|
||||
|
Servicer Interest Reimbursement
|
0.00
|
||||
|
Rejected Claim Repurchased Interest
|
0.00
|
||||
|
Other Interest Deposits
|
8,374.02
|
||||
|
Total Interest Receipts
|
$
|
491,367.31
|
|||
| C |
Reserves in Excess of Requirement
|
|
-
|
||
|
D
|
Investment Income
|
$
|
10,059.03
|
||
|
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
|
$ |
512,528.95
|
||
|
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
|
$ |
(513,400.73)
|
|
||
|
Funds Allocated to the Floor Income Rebate Account
|
$
|
(164,296.07)
|
|
||
|
M
|
AVAILABLE FUNDS
|
$
|
1,763,666.40
|
||
|
N
|
Non-Cash Principal Activity During Collection Period
|
$
|
(553,273.25)
|
|
|
|
O
|
Non-Reimbursable Losses During Collection Period
|
$
|
17,525.43
|
||
|
P
|
Aggregate Purchased Amounts by the Depositor, Servicer or Seller
|
|
-
|
||
|
Q
|
Aggregate Loan Substitutions
|
-
|
|||
|
Page 3 of 9
|
Trust 2012-6 Monthly Servicing Report: Collection Period 08/01/2026 - 08/31/2026, Distribution Date 09/25/2026 |
| III. |
2012-6 Portfolio Characteristics
|
|
08/31/2026
|
07/31/2026
|
||||||||||||||||||||||||||||||||
|
Wtd Avg
Coupon
|
# Loans
|
Principal
|
% of Principal
|
Wtd Avg
Coupon
|
# Loans
|
Principal
|
% of Principal
|
||||||||||||||||||||||||||
|
INTERIM:
|
IN SCHOOL
|
6.41%
|
|
16
|
$
|
79,686.00
|
0.045%
|
|
6.42%
|
|
17
|
$
|
82,686.00
|
0.047%
|
|
||||||||||||||||||
|
GRACE
|
6.67%
|
|
7
|
$
|
27,750.00
|
0.016%
|
|
6.66%
|
|
6
|
$
|
24,750.00
|
0.014%
|
|
|||||||||||||||||||
|
DEFERMENT
|
6.74%
|
|
1,403
|
$
|
9,844,879.09
|
5.614%
|
|
6.75%
|
|
1,483
|
$
|
10,386,898.18
|
5.894%
|
|
|||||||||||||||||||
|
REPAYMENT:
|
CURRENT
|
6.93%
|
|
16,229
|
$
|
116,049,209.41
|
66.176%
|
|
6.93%
|
|
16,098
|
$
|
114,065,582.36
|
64.722%
|
|
||||||||||||||||||
|
|
31-60 DAYS DELINQUENT
|
7.01%
|
|
684
|
$
|
6,101,594.02
|
3.479%
|
|
7.03%
|
|
668
|
$
|
5,724,694.54
|
3.248%
|
|
||||||||||||||||||
|
|
61-90 DAYS DELINQUENT
|
6.91%
|
|
470
|
$
|
3,895,510.33
|
2.221%
|
|
6.91%
|
|
538
|
$
|
5,045,377.41
|
2.863%
|
|
||||||||||||||||||
|
|
91-120 DAYS DELINQUENT
|
6.85%
|
|
386
|
$
|
3,755,529.20
|
2.142%
|
|
6.81%
|
|
352
|
$
|
3,071,869.61
|
1.743%
|
|
||||||||||||||||||
|
|
> 120 DAYS DELINQUENT
|
6.83%
|
|
1,116
|
$
|
9,089,056.41
|
5.183%
|
|
6.85%
|
|
1,105
|
$
|
8,909,165.43
|
5.055%
|
|
||||||||||||||||||
|
|
FORBEARANCE
|
7.00%
|
|
2,819
|
$
|
24,266,155.95
|
13.837%
|
|
7.01%
|
|
3,088
|
$
|
26,889,916.49
|
15.258%
|
|
||||||||||||||||||
|
|
CLAIMS IN PROCESS
|
6.90%
|
|
271
|
$
|
2,255,855.60
|
1.286%
|
|
6.91%
|
|
250
|
$
|
2,038,420.65
|
1.157%
|
|
||||||||||||||||||
|
TOTAL
|
23,401
|
$
|
175,365,226.01
|
100.00%
|
|
23,605
|
$
|
176,239,360.67
|
100.00%
|
|
|||||||||||||||||||||||
|
Page 4 of 9
|
Trust 2012-6 Monthly Servicing Report: Collection Period 08/01/2026 - 08/31/2026, Distribution Date 09/25/2026 |
|
IV.
|
2012-6 Portfolio Characteristics (cont'd)
|
|
08/31/2026
|
07/31/2026
|
|||||||
|
Pool Balance
|
$
|
177,981,836.82
|
$
|
178,903,127.63
|
||||
|
Outstanding Borrower Accrued Interest
|
$
|
10,574,907.59
|
$
|
10,453,185.23
|
||||
|
Borrower Accrued Interest to be Capitalized
|
$
|
2,616,610.81
|
$
|
2,663,766.96
|
||||
|
Borrower Accrued Interest >30 Days Delinquent
|
$
|
869,994.73
|
$
|
838,341.85
|
||||
|
Total # Loans
|
23,401
|
23,605
|
||||||
|
Total # Borrowers
|
10,445
|
10,548
|
||||||
|
Weighted Average Coupon
|
6.93%
|
|
6.93%
|
|
||||
|
Weighted Average Remaining Term
|
203.72
|
203.18
|
||||||
|
Non-Reimbursable Losses
|
$
|
17,525.43
|
$
|
26,308.61
|
||||
|
Cumulative Non-Reimbursable Losses
|
$
|
6,852,900.98
|
$
|
6,835,375.55
|
||||
|
Since Issued Constant Prepayment Rate (CPR)
|
-75.54%
|
|
-75.66%
|
|
||||
|
Loan Substitutions
|
-
|
-
|
||||||
|
Cumulative Loan Substitutions
|
-
|
-
|
||||||
|
Rejected Claim Repurchases
|
-
|
-
|
||||||
|
Cumulative Rejected Claim Repurchases
|
$
|
606,646.74
|
$
|
606,646.74
|
||||
|
Unpaid Primary Servicing Fees
|
-
|
-
|
||||||
|
Unpaid Administration Fees
|
-
|
-
|
||||||
|
Unpaid Carryover Servicing Fees
|
-
|
-
|
||||||
|
Note Principal Shortfall
|
$ |
136,291,352.89
|
$ |
137,459,968.55
|
||||
|
Note Interest Shortfall
|
$ |
750,050.12
|
$ |
594,391.56
|
||||
|
Unpaid Interest Carryover
|
-
|
-
|
||||||
|
Non-Cash Principal Activity - Capitalized Interest
|
$
|
570,824.96
|
$
|
427,862.02
|
||||
|
Borrower Interest Accrued
|
$
|
991,764.62
|
$
|
999,800.74
|
||||
|
Interest Subsidy Payments Accrued
|
$
|
29,463.35
|
$
|
30,170.83
|
||||
|
Special Allowance Payments Accrued
|
$
|
35,475.33
|
$
|
34,196.13
|
||||
|
Page 5 of 9
|
Trust 2012-6 Monthly Servicing Report: Collection Period 08/01/2026 - 08/31/2026, Distribution Date 09/25/2026 |
|
V.
|
2012-6 Portfolio Statistics by School and Program
|
| A |
LOAN TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
%*
|
|
|||||||||||
|
- GSL (1) - Subsidized
|
6.56%
|
|
11,878
|
57,137,268.10
|
32.582%
|
|
|||||||||||
|
- GSL - Unsubsidized
|
6.72%
|
|
10,569
|
92,239,305.04
|
52.598%
|
|
|||||||||||
|
- PLUS (2) Loans
|
8.49%
|
|
926
|
25,674,573.65
|
14.641%
|
|
|||||||||||
|
- SLS (3) Loans
|
7.10%
|
|
28
|
314,079.22
|
0.179%
|
|
|||||||||||
|
- Consolidation Loans
|
0.00%
|
|
0
|
-
|
0.000%
|
|
|||||||||||
|
Total
|
6.93%
|
|
23,401
|
$
|
175,365,226.01
|
100.000%
|
|
||||||||||
|
B
|
SCHOOL TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
%*
|
|
|||||||||||
|
- Four Year
|
6.96%
|
|
19,369
|
153,277,990.81
|
87.405%
|
|
|||||||||||
|
- Two Year
|
6.70%
|
|
3,412
|
18,660,886.27
|
10.641%
|
|
|||||||||||
|
- Technical
|
6.73%
|
|
610
|
3,378,281.93
|
1.926%
|
|
|||||||||||
|
- Other
|
6.64%
|
|
10
|
48,067.00
|
0.027%
|
|
|||||||||||
|
Total
|
6.93%
|
|
23,401
|
$
|
175,365,226.01
|
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 2012-6 Monthly Servicing Report: Collection Period 08/01/2026 - 08/31/2026, Distribution Date 09/25/2026 |
|
VI.
|
2012-6 Waterfall for Distributions
|
|
Paid
|
Remaining
Funds Balance
|
|||||||
|
Total Available Funds
|
$
|
1,763,666.40
|
||||||
| A |
Trustee Fees |
- | $ | 1,763,666.40 | ||||
|
B
|
Primary Servicing Fee
|
$
|
54,818.48
|
$
|
1,708,847.92
|
|||
| C |
Administration Fee
|
$
|
6,667.00
|
$
|
1,702,180.92
|
|||
| D |
Class A Noteholders' Interest Distribution Amount
|
$
|
533,565.26
|
$
|
1,168,615.66
|
|||
|
E
|
Class B Noteholders' Interest Distribution Amount
|
|
-
|
$
|
1,168,615.66
|
|||
|
F
|
Reserve Account Reinstatement
|
-
|
$
|
1,168,615.66
|
||||
|
G
|
Class A Noteholders' Principal Distribution Amount
|
$
|
1,168,615.66
|
|
-
|
|||
|
H
|
Class B Noteholders' Principal Distribution Amount
|
-
|
|
-
|
||||
|
I
|
Unpaid Expenses of The Trustees
|
-
|
|
-
|
||||
|
J
|
Carryover Servicing Fee
|
-
|
|
-
|
||||
|
K
|
Remaining Amounts to the Noteholders after the first auction date
|
-
|
|
-
|
||||
|
L
|
Excess Distribution Certificateholder
|
|
-
|
-
|
||||
|
Waterfall Triggers
|
|||||
|
A
|
Student Loan Principal Outstanding
|
$
|
175,365,226.01
|
||
|
B
|
Interest to be Capitalized
|
$
|
2,616,610.81
|
||
|
C
|
Capitalized Interest Account Balance
|
-
|
|||
|
D
|
Reserve Account Balance (after any reinstatement)
|
|
-
|
||
|
E
|
Less: Specified Reserve Account Balance
|
$
|
(1,247,589.00)
|
|
|
|
F
|
Total
|
$
|
176,734,247.82
|
||
|
G
|
Class A Notes Outstanding (after application of available funds)
|
$
|
136,291,352.89
|
||
|
H
|
Insolvency Event or Event of Default Under Indenture
|
Y
|
|||
|
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)
|
Y |
|
||
|
Page 7 of 9
|
Trust 2012-6 Monthly Servicing Report: Collection Period 08/01/2026 - 08/31/2026, Distribution Date 09/25/2026 |
|
VII.
|
2012-6 Distributions
|
|
A3
|
B | |||||||
|
Cusip/Isin
|
78447GAC5
|
78447GAD3
|
||||||
|
Beginning Balance
|
$
|
137,459,968.55
|
$
|
37,400,000.00
|
||||
|
Index
|
SOFR
|
SOFR
|
||||||
|
Spread/Fixed Rate
|
0.75%
|
|
1.00%
|
|
||||
|
Record Date (Days Prior to Distribution)
|
1 NEW YORK BUSINESS DAY
|
1 NEW YORK BUSINESS DAY
|
||||||
|
Accrual Period Begin
|
8/25/2026
|
8/25/2026
|
||||||
|
Accrual Period End
|
9/25/2026
|
9/25/2026
|
||||||
|
Daycount Fraction
|
0.08611111
|
0.08611111
|
||||||
|
Interest Rate*
|
4.50767%
|
|
4.75767%
|
|
||||
|
Accrued Interest Factor
|
0.003881605
|
0.000000000 | ||||||
|
Current Interest Due
|
$
|
533,565.26
|
$
|
750,050.12
|
||||
|
Interest Shortfall from Prior Period Plus Accrued Interest
|
-
|
$
|
596,826.71
|
|||||
|
Total Interest Due
|
$
|
533,565.26
|
$
|
750,050.12
|
||||
|
Interest Paid
|
$
|
533,565.26
|
-
|
|||||
|
Interest Shortfall
|
-
|
$
|
750,050.12
|
|||||
|
Principal Paid
|
$
|
1,168,615.66
|
-
|
|||||
|
Ending Principal Balance
|
$
|
136,291,352.89
|
$
|
37,400,000.00
|
||||
|
Paydown Factor
|
0.002032375
|
0.000000000 | ||||||
|
Ending Balance Factor
|
0.237028440
|
1.000000000
|
||||||
|
Page 8 of 9
|
Trust 2012-6 Monthly Servicing Report: Collection Period 08/01/2026 - 08/31/2026, Distribution Date 09/25/2026 |
|
VIII.
|
2012-6 Reconciliations
|
|
A
|
Principal Distribution Reconciliation
|
||||
|
|
Notes Outstanding Principal Balance
|
$
|
174,859,968.55
|
||
|
|
Adjusted Pool Balance
|
$
|
177,981,836.82
|
||
|
|
Overcollateralization Amount
|
$
|
1,779,818.37
|
||
|
|
Principal Distribution Amount
|
$
|
137,459,968.55
|
||
|
Principal Distribution Amount Paid
|
$
|
1,168,615.66
|
|||
|
B
|
Reserve Account Reconciliation
|
||||
|
Beginning Period Balance
|
|
-
|
|||
|
Reserve Funds Utilized
|
0.00
|
||||
|
Reserve Funds Reinstated
|
0.00
|
||||
|
Balance Available
|
|
-
|
|||
|
|
Required Reserve Acct Balance
|
$
|
1,247,589.00
|
||
|
|
Release to Collection Account
|
-
|
|||
|
Ending Reserve Account Balance
|
|
- | |||
|
C
|
Capitalized Interest Account
|
||||
|
|
Beginning Period Balance
|
-
|
|||
|
|
Transfers to Collection Account
|
-
|
|||
|
|
Ending Balance
|
-
|
|||
|
D
|
Floor Income Rebate Account
|
||||
|
Beginning Period Balance
|
$
|
512,528.95
|
|||
|
Deposits for the Period
|
$
|
164,296.07
|
|||
|
|
Release to Collection Account
|
$
|
(512,528.95)
|
|
|
|
|
Ending Balance
|
$
|
164,296.07
|
||
|
E
|
Supplemental Purchase Account
|
||||
|
Beginning Period Balance
|
-
|
||||
|
|
Supplemental Loan Purchases
|
-
|
|||
|
Transfers to Collection Account
|
-
|
||||
|
|
Ending Balance
|
-
|
|||
|
Page 9 of 9
|
Trust 2012-6 Monthly Servicing Report: Collection Period 08/01/2026 - 08/31/2026, Distribution Date 09/25/2026 |