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{"sheet":"FFELP","index":0,"n_rows":170,"n_cols":13,"rows_kept":170,"cut":false,"hidden":false,"merged":[[8,3,8,6],[4,11,6,12],[6,3,6,6],[4,3,4,6],[5,3,5,6],[3,8,5,9],[3,3,3,6],[6,1,6,2],[8,1,8,2],[3,1,3,2],[4,1,4,2],[5,1,5,2],[95,4,95,5],[102,4,102,5],[89,4,89,5],[157,7,157,8],[143,7,143,8],[124,7,124,8],[109,7,109,8],[90,4,90,5],[94,4,94,5],[157,9,157,10],[109,9,109,10],[157,5,157,6],[124,5,124,6],[109,5,109,6],[143,9,143,10],[124,9,124,10],[143,5,143,6]]}
["Student Loan Asset-Backed Notes, 2013-1"]
["Monthly Servicing Report"]
[]
[null,"Issuer",null,"Vermont Student Assistance Corporation"]
[null,"Deal Name",null,"2013-1"]
[null,"Distribution Date",null,"2019-12-30"]
[null,"Collection Period ",null,"11/1/19 - 11/30/19"]
[null,"Contact Email",null,"investorrelations@vsac.org"]
[null,"Website",null,"www.vsac.org"]
[]
[]
["Notes/Bonds"]
[]
[null,"Class","CUSIP","IRS Status","Rate","Original Balance","Beg Princ Bal","Interest Accrual","Principal Paid","End Princ Bal","Bal after Waterfall","% of Securities","Maturity"]
[null,"2013-1 A","924279AE2","Taxable",2.4516300000000001E-2,371400000,104390755.83,27982.41,1666584.799999997,102724171.03,101273135.59265879,0.93620366475053063,"2035-04-30"]
[null,"2013-1 B","924279AF9","Taxable",4.2016300000000006E-2,7000000,7000000,11553.91,0,7000000,7000000,6.3796335249469413E-2,"2040-12-28"]
[]
[null,"Total",null,null,null,378400000,111390755.83,39536.32,1666584.799999997,109724171.03,108273135.59265879,1.0000000000000002]
["(a) Footnotes"]
["(b) Footnotes"]
[]
["Funds and Accounts - Trust"]
[]
[null,null,null,null,null,"Beg Balance","Activity","End Balance"]
[null,"Debt Service Reserve Fund",null,null,null,560543,0,560543]
[null,"Reserve Fund Requirement",null,null,null,560543,0,560543]
[]
[null,"Department Reserve Fund",null,null,null,151025.06,72889.850000000006,223914.91]
[null,"Collection Fund",null,null,null,2147905.09,-229449.75999999978,1918455.33]
[null,"Acquisition Fund",null,null,null,0,0,0]
[null,"Temp COI Fund",null,null,null,0,0,0]
[]
[null,"Total Accounts Balance",null,null,null,2859473.15,-156559.90999999968,2702913.24]
[]
["(a) Footnotes"]
["(b) Footnotes"]
[]
["Balance Sheet and Parity - Trust",null,null,null,null,null,null,null,null,null,"Student Loans Receivable Activity"]
[null,null,null,null,null,"Collection Period",null,"Collection Period","Parity"]
[null,null,null,null,null,"Beg Balance","Activity","End Balance","After Waterfall"]
[null,"Assets",null,null,null,null,null,null,null,null,"Beginning Balance",null,112343260.78]
[null,"    Loans Receivable",null,null,null,112343260.78,-1420619.5400000066,110922641.23999999,110922641.23999999,null,"Interest Caps",null,147428.38]
[null,"    Allowance for Bad Debt",null,null,null,-144632.25,0,-144632.25,-144632.25,null,"Borrower Payments",null,-1163260.93]
[null,"    Accrued Interest Receivable on Loans",null,null,null,3158669.8,9221.8800000003539,3167891.68,3167891.68,null,"Claim Payments",null,-287391.24]
[null,"    Accrued Interest on Investment",null,null,null,5775.14,-1010.5799999999999,4764.5600000000004,4764.5600000000004,null,"Consolidation Payments",null,-117332.16]
[null,"    Accrued Interest Subsidy Payments",null,null,null,-223914.90999999997,-82322.350000000035,-306237.26,-306237.26,null,"Loan Transfers",null,0]
[null,"    Student Loan Fees",null,null,null,0,0,0,0,null,"Refunds to Borrowers",null,4099.92]
[null,"    Total Accounts/Funds Balance",null,null,null,2859473.15,-156559.90999999968,2702913.24,784457.91000000061,null,"Borrower Benefit Rebates",null,0]
[null,"    Deferred Bond Issuance Costs",null,null,null,0,0,0,0,null,"School Refunds",null,0]
[null,"    Prepaid Expenses",null,null,null,0,0,0,0,null,"Write-offs ",null,-4163.51]
[null,"Total Assets",null,null,null,117998631.71000001,-1651290.5000000149,116347341.20999999,114428885.88,null,"Miscellaneous Adjustments",null,0]
[null,null,null,null,null,null,null,null,null,null,"Ending Balance",null,110922641.23999999]
[null,"Liabilities"]
[null,"   Bonds Payable",null,null,null,104390755.83,-1666584.799999997,102724171.03,101273135.59265879]
[null,"   Accrued Interest on Senior Bonds",null,null,null,29626.68,-1644.2700000000004,27982.41,0]
[null,"   Principal of Sub Bonds Outstanding",null,null,null,7000000,0,7000000,7000000]
[null,"   Accrued Interest on Sub Bonds Outstanding",null,null,null,11610.57,-56.659999999999854,11553.91,8285.98]
[null,"   Borrower Benefit Rebates Payable",null,null,null,77820.679999999993,18095.290000000008,95915.97,95915.97]
[null,"   Accrued Yield and Rebate - US Treasury",null,null,null,0,0,0,0]
[null,"   Due to US Dept. of Ed",null,null,null,0,0,0,0]
[null,"   Accounts Payable and Other Liabilities",null,null,null,0,0,0,0]
[null,"   Due To/From Operations",null,null,null,42571.5,21615.35,64186.85,64186.85]
[null,"Total Liabilities",null,null,null,111552385.26000001,-1628575.0900000185,109923810.16999999,108441524.39265878]
[]
[null,"Senior Parity %",null,null,null,1.1314195669479166,null,1.1337180736365109,1.1313317935650582]
[null,"Total Parity %",null,null,null,1.0602275046375758,null,1.0612977301189892,1.0581087361613468]
["(a) Footnotes"]
["(b) Footnotes"]
[]
["Portfolio Summary - FFELP"]
[]
[null,null,null,null,null,"Beg Balance","Activity","End Balance"]
[null,"Principal Balance",null,null,null,112343260.78,-1420619.5400000066,110922641.23999999]
[null,"Accrued Interest",null,null,null,3158669.8,9221.8800000003539,3167891.68]
[]
[null,"Total Pool Balance",null,null,null,115501930.58,-1411397.6599999964,114090532.92]
[]
[null,"Weighted Average Coupon (WAC)",null,null,null,5.5537777278166042E-2,null,5.5510862456906535E-2]
[null,"Weighted Average Maturity (WAM) (in months)",null,null,null,139.16760560430635,null,138.73914006780896]
[null,"Number of Loans",null,null,null,20853,-370,20483]
[null,"Number of Borrowers",null,null,null,10651,-187,10464]
[null,"Average Borrower Indebtedness",null,null,null,10844.233459769035,58.913799405276222,10903.147259174311]
[]
[]
["(a) Footnotes"]
["(b) Footnotes"]
[]
[null,"Weighted Average Payments Made - FFELP",null,null,null,null,null,"Cumulative Default Rate - FFELP"]
[]
[null,null,null,null,"W.A. Time until (a)",null,null,null,null,null,null,"2019-11-30"]
[null,"Current Status","Principal","% of Pool","Conversion to Repayment"]
[null,"    In School",88363.66,7.9662419693748727E-4,-21.584775460862531,"months",null,"   Current Period Defaults and Write-offs",null,null,null,301945.39]
[null,"    Grace",19250,1.7354437096705398E-4,-2.7922077922077921,"months",null,"   Cumulative Defaults and Write-offs",null,null,null,47098549.970000014]
[null,"Total Not Converted",107613.66,9.701685679045413E-4,null,null,null,"      Loans for which claims have been filed but not yet paid as of Distribution Date",null,null,null,181646.74]
[null,null,null,null,"W.A. Time since",null,null,"   Cumulative Purchases and Originations",null,null,null,373888431.88]
[null,"Current Status","Principal","% of Pool","Conversion to Repayment",null,null,"Cumulative Default Rate (1)",null,null,null,0.12645536122169904]
[null,"Repayment",104129789.51000001,0.93876045815297082,151.12920663420235,"months",null,"Cumulative Recoveries (including reimbursements and collections)"]
[null,"Reduced Payment",0,0,0,"months",null,"   Payments from Guarantor",null,null,null,46108735.340000004]
[null,"Forbearance",2192605.75,1.9766981073376395E-2,137.4404758082934,"months",null,"   Borrower Recoveries",null,null,null,810.06]
[null,"Deferment",4310985.58,3.8864793804111189E-2,137.68475136954646,"months",null,"Recovery Rate (2)",null,null,null,0.97900137964693257]
[null,"Claim Filed",181646.74,1.6375984016371949E-3,144.28385238292745,"months",null,"Cumulative Net Loss",null,null,null,1170651.3100000098]
[null,"Total Converted",110815027.58,0.99902983143209567,null,null,null,"Cumulative Net Loss (3)",null,null,null,3.1310177319841016E-3]
[null,"Total Portfolio",110922641.23999999,1.0000000000000002,null,null,null,"1) (Cumulative Defaults and Write-offs + Claims Filed Not Paid) / Cumulative Purchases and Originations"]
[null,null,null,null,null,null,null,"2) (Payments from Guarantor + Borrower Recoveries) / Cumulative Defaults and Write-offs"]
[null,"(a) Footnotes","W.A. Time until Conversion to Repayment includes Grace period",null,null,null,null,"3) (Cumulative Defaults and Write-offs + Claims Filed Not Paid) - (Payments from Guarantor + Borrower Recoveries) /"]
[null,null,null,null,null,null,null,"     Cumulative Purchases and Originations"]
[]
["Portfolio by Loan Status - FFELP"]
[]
[null,null,null,null,null,"# of Loans",null,"Principal Balance",null,"% of Balance"]
[null,null,null,null,null,"Beginning","Ending","Beginning","Ending","Beginning","Ending"]
[null,"In School ",null,null,null,24,25,79863.66,88363.66,7.1088963811007523E-4,7.9662419693748727E-4]
[null,"Repayment ",null,null,null,19083,18783,104435724.03,104129789.51000001,0.9296127182431958,0.93876045815297082]
[null,"Reduced Payment",null,null,null,0,0,0,0,0,0]
[null,"In Grace",null,null,null,12,5,52271,19250,4.652793557627054E-4,1.7354437096705398E-4]
[null,"Forbearance ",null,null,null,435,359,3062685.31,2192605.75,2.7261851656572508E-2,1.9766981073376395E-2]
[null,"Deferment",null,null,null,1268,1281,4416733.82,4310985.58,3.931463079613845E-2,3.8864793804111189E-2]
[null,"Claim Filed",null,null,null,31,30,295982.96000000002,181646.74,2.6346303102205543E-3,1.6375984016371949E-3]
[null,"Total Portfolio",null,null,null,20853,20483,112343260.77999999,110922641.23999999,1,1.0000000000000002]
["(a) Footnotes"]
["(b) Footnotes"]
[]
["Delinquency Status - FFELP"]
[]
[null,null,null,null,null,"# of Loans",null,"Principal Balance",null,"% of Balance"]
[null,null,null,null,null,"Beginning","Ending","Beginning","Ending","Beginning","Ending"]
[null,"    Current",null,null,null,17156,16314,90683147.519999996,85883712.079999998,0.86831540033131316,0.82477562361491408]
[null,"    1-29 Days Delinquent",null,null,null,668,1530,6671475.6699999999,12488321.279999999,6.3881164534116366E-2,0.1199303421121455]
[null,"    30-59 Days Delinquent",null,null,null,516,156,2962285.27,1182133.58,2.8364674037679481E-2,1.135250138853373E-2]
[null,"    60-89 Days Delinquent",null,null,null,270,260,1438656.34,1654605.48,1.3775519376748271E-2,1.5889837939613828E-2]
[null,"    90-119 Days Delinquent",null,null,null,144,148,884020.35,890473.45,8.4647313762679331E-3,8.5515725537357798E-3]
[null,"    120-149 Days Delinquent",null,null,null,89,109,438168.51,597059.74,4.1955807178981454E-3,5.7338033891124107E-3]
[null,"    150-179 Days Delinquent",null,null,null,75,76,458646.98,380723.02,4.3916675472872669E-3,3.6562353750214547E-3]
[null,"    180-209 Days Delinquent",null,null,null,57,71,317355.84000000003,449187.28,3.0387670784839584E-3,4.3137250359740979E-3]
[null,"    210-239 Days Delinquent",null,null,null,66,46,343933.76,316680.44,3.2932577735680013E-3,3.0412088749069053E-3]
[null,"    240-269 Days Delinquent",null,null,null,30,55,179457.58,213394.15,1.7183543434663158E-3,2.0493093379345293E-3]
[null,"    270+ Days Delinquent",null,null,null,12,18,58576.21,73499.009999999995,5.6088288317102596E-4,7.0584037810756913E-4]
[null,"Total Repayment",null,null,null,19083,18783,104435724.03,104129789.51000001,1,0.99999999999999989]
["(a) Footnotes",null,"Total Repayment includes Reduced Payment loans"]
["(b) Footnotes"]
[]
["Portfolio by Loan Type - FFELP"]
[]
[null,null,null,null,null,"# of Loans",null,"Principal Balance",null,"% of Balance"]
[null,null,null,null,null,"Beginning","Ending","Beginning","Ending","Beginning","Ending"]
[null,"Unsubsidized Stafford Loans",null,null,null,2932,2874,9346890.6300000008,9199315.5399999991,8.3199388776010935E-2,8.2934515777493209E-2]
[null,"Subsidized Stafford Loans",null,null,null,10820,10605,22055046.969999999,21637957.609999999,0.19631838008681307,0.19507250610073912]
[null,"Grad / PLUS Loans",null,null,null,986,962,10442295.93,10333267.810000001,9.2949909567330249E-2,9.3157426603665314E-2]
[null,"HEAL Loans",null,null,null,0,0,0,0,0,0]
[null,"Consolidation Loans",null,null,null,6115,6042,70499027.25,69752100.280000001,0.62753232156984573,0.62883555151810222]
[null,"Non-Guaranteed FFELP",null,null,null,0,0,0,0,0,0]
[null,"Total Portfolio",null,null,null,20853,20483,112343260.78,110922641.24000001,1,0.99999999999999989]
["(a) Footnotes"]
["(b) Footnotes"]
[]
["Portfolio by School Type - FFELP"]
[]
[null,null,null,null,null,"# of Loans",null,"Principal Balance",null,"% of Balance"]
[null,null,null,null,null,"Beginning","Ending","Beginning","Ending","Beginning","Ending"]
[null,"2 Year",null,null,null,1684,1664,3931854.31,3899822.99,3.4998577419785661E-2,3.5158042996488614E-2]
[null,"4 Year",null,null,null,17197,16876,88946210.390000001,87753981.019999996,0.79173605761881816,0.79112776290756859]
[null,"Foreign",null,null,null,157,157,1526811.37,1520916.16,1.3590591544159735E-2,1.3711503287315701E-2]
[null,"Private-nonprofit Non-Degree Program",null,null,null,16,16,79163.53,78969.59,7.0465757759181175E-4,7.1193391283512508E-4]
[null,"Private-nonprofit Professional Degree",null,null,null,4,4,237430.96,237430.96,2.1134419488228781E-3,2.1405094338339615E-3]
[null,"Proprietary",null,null,null,566,558,3032031.73,3024842.02,2.6988995236105696E-2,2.7269834058992883E-2]
[null,"Public Non-Degree Program",null,null,null,9,9,25234.31,10236.23,2.2461792389501622E-4,9.2282602411640897E-5]
[null,"Other / Unknown (a)",null,null,null,1220,1199,14564524.18,14396442.27,0.12964306073082099,0.1297881308005536]
[null,"Total Portfolio",null,null,null,20853,20483,112343260.78,110922641.23999998,1,1]
["(a) Footnotes",null,"Includes Consolidation loans for which no School Code is maintained"]
["(b) Footnotes",null,"Effective April 30,  2017 School Types are reported according to the Dept. of Education Postsecondary Education Participants System (PEPS) database"]

{"sheet":"Collection and Waterfall","index":1,"n_rows":62,"n_cols":14,"rows_kept":62,"cut":false,"hidden":false,"merged":[[1,11,3,12],[3,4,3,6],[4,4,4,6],[3,1,3,3],[4,1,4,3]]}
["Student Loan Asset-Backed Notes, 2013-1"]
["Monitoring Waterfall and Collections"]
[]
[null,"Distribution Date",null,null,"2019-12-30"]
[null,"Collection Period",null,null,"11/1/19 - 11/30/19"]
[]
["Collection Activity"]
[]
[]
["Collection Account",null,null,null,null,null,null,"2019-11-30",null,"Fees and Program Expenses for Current Collection Period",null,null,null,"2019-11-30"]
[]
[null,null,"Available Funds at Beginning of Period",null,null,null,null,0,null,"Indenture Trustee Fees",null,null,null,548.62085515000001]
[null,"Collection Amount Received",null,null,null,null,null,1614898.2999999998,null,"Remarketing Fees",null,null,null,0]
[null,"Recoveries",null,null,null,null,null,0,null,"Credit Enhancement Fees",null,null,null,0]
[null,"Reserve Account - Beginning of Period",null,null,null,null,null,560543,null,"Arbitrage Analysis Fees",null,null,null,0]
[null,null,"Excess of Required Reserve Account",null,null,null,null,0,null,"Servicing Fees",null,null,null,69478.263549999989]
[null,"Reserve Account - End of Period",null,null,null,null,null,560543,null,"Administration Fees",null,null,null,10680.435139999998]
[null,null,null,null,null,null,null,null,null,"Other Fees",null,null,null,0]
[null,"Payments from Guarantor",null,null,null,null,null,297781.88]
[null,"Sale Proceeds",null,null,null,null,null,0,null,null,"Total Fees and Program Expenses",null,null,80707.319545149992]
[null,"Investment Income",null,null,null,null,null,5775.1500000000005]
[null,"All Fees",null,null,null,null,null,0]
[null,"Other Amounts Received in Collection ",null,null,null,null,null,0]
[null,"Consolidation Rebate Fee paid to Dept. of Ed",null,null,null,null,null,0]
[null,"Excess Interest returned to Dept. of Ed",null,null,null,null,null,0]
[null,"Excess Earnings Rebate paid to IRS",null,null,null,null,null,0]
[]
[]
[]
[]
[]
[null,null,"Total Available Funds",null,null,null,null,1918455.3299999996]
[]
["(a) Footnotes:"]
["(b) Footnotes"]
[]
["Waterfall Activity"]
[]
[]
["Waterfall for Distribution",null,null,null,null,null,null,null,null,null,null,"Amount Due",null,"Amount Remaining"]
[]
[null,"Total Available Funds",null,null,null,null,null,null,null,null,null,null,null,1918455.3299999996]
[]
[null,"First: Department of Education, Guaranty Agency, and Rebate Fees to the DOE Reserve Fund",null,null,null,null,null,null,null,null,null,144522.43,null,1773932.8999999997]
[]
[null,"Second: Trustee Fees",null,null,null,null,null,null,null,null,null,548.62085515000001,null,1773384.2791448496]
[]
[null,"Third: Servicing Fees",null,null,null,null,null,null,null,null,null,69478.263549999989,null,1703906.0155948496]
[]
[null,"Fourth: Administration Fees",null,null,null,null,null,null,null,null,null,10680.435139999998,null,1693225.5804548496]
[]
[null,"Fifth: Noteholders' Interest",null,null,null,null,null,null,null,null,null,242190.14311362908,null,1451035.4373412207]
[]
[null,"Sixth: Reserve Fund Requirement",null,null,null,null,null,null,null,null,null,0,null,1451035.4373412207]
[]
[null,"Seventh: Noteholders' Principal",null,null,null,null,null,null,null,null,null,1451035.43734122,null,0]
[]
[null,"Eighth: Class B Carry Over Amount",null,null,null,null,null,null,null,null,null,0,null,0]
[]
[null,"Remaining Amount Available for Release to Issuer",null,null,null,null,null,null,null,null,null,null,null,0]
["(a) Footnotes"]
["(b) Footnotes"]

{"sheet":"Balance Sheet","index":2,"n_rows":54,"n_cols":5,"rows_kept":54,"cut":false,"hidden":false,"merged":[]}
[null,null,null,"Vermont Student Assistance Corporation"]
[]
[null,null,null,"2013-1 Indenture"]
[]
[null,null,null,"Balance Sheet"]
[]
[]
[]
[]
[null,null,null,"2013 - 1","2013 - 1"]
[null,null,null,"2019-10-31","2019-11-30"]
[]
["Assets"]
["     Cash and Equivalents"]
[null,"          Revenue",null,2147905.09,1918455.33]
[null,"          Loan Acquisition",null,0,0]
[null,"          Debt Service Reserve",null,560543,560543]
[null,"          Cap Int",null,0,0]
[null,"          Debt Service - Interest",null,0,0]
[null,"          Debt Service - Principal",null,0,0]
[null,"          DOE Reserve Fund",null,151025.06,223914.91]
[null,"     Total Cash and Equivalents",null,2859473.15,2702913.24]
["     Receivables"]
[null,"          Investment Interest",null,5775.14,4764.5600000000004]
[null,"          Student Loans",null,112343260.78,110922641.23999999]
[null,"          Allowance for Bad Debt",null,-144632.25,-144632.25]
[null,"          Contra SLR - Alt Fees",null,0,0]
[null,"          Deferred Subsidized Fees",null,0,0]
[null,"          Student Loan Interest",null,3158669.8,3167891.68]
[null,"          FIB",null,73830.38,93364.9]
[null,"          SAP",null,-297745.28999999998,-399602.16]
[null,"     Total Receivables",null,115139158.56,113644427.97]
[]
[null,"Total Assets",null,117998631.70999999,116347341.20999999]
["Liabilities and Net Assets"]
["     Liabilities"]
[null,"          Senior Bonds Payable",null,104390755.83,102724171.03]
[null,"          Bond Premium/Discount",null,0,0]
[null,"          Sub Bond Payable",null,7000000,7000000]
[null,"          Bond Interest Payable",null,29626.68,27982.41]
[null,"          Sub Bond Interest Payable",null,3347.75,3267.93]
[null,"          Sub Bond Interest Carryover",null,8262.82,8285.98]
[null,"          Deferred Gain on Discounted Bond Refunding",null,1001681.86,985690.14]
[null,"          VT Value Rebates Payable",null,77820.679999999993,95915.97]
[null,"          Accrued Yield - US Treasury",null,0,0]
[null,"          Accrued Rebates - US Treasury",null,0,0]
[null,"          Due To US Department of Education",null,0,0]
[null,"          Due To/From Other Funds",null,42571.5,64186.85]
[null,"     Total Liabilities",null,112554067.12,110909500.31]
[]
["     Net Assets"]
[null,"          Restricted by Bond Resolution",null,5444564.5899999999,5437840.9000000004]
[null,"     Total Net Assets",null,5444564.5899999999,5437840.9000000004]
[null,"Total Liabilities and Net Assets",null,117998631.70999999,116347341.20999999]