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{"sheet":"FFELP","index":0,"n_rows":170,"n_cols":13,"rows_kept":170,"cut":false,"hidden":false,"merged":[[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],[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],[6,1,6,2],[8,1,8,2],[3,1,3,2],[4,1,4,2],[5,1,5,2],[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]]}
["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,"2020-01-28"]
[null,"Collection Period ",null,"12/1/19 - 12/31/19"]
[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",2.5547500000000001E-2,371400000,102724171.03,14373.75,1451035.4399999976,101273135.59,99695230.876416788,0.93534869049597824,"2035-04-30"]
[null,"2013-1 B","924279AF9","Taxable",4.3047500000000002E-2,7000000,7000000,9992.09,0,7000000,7000000,6.4651309504021717E-2,"2040-12-28"]
[]
[null,"Total",null,null,null,378400000,109724171.03,24365.84,1451035.4399999976,108273135.59,106695230.87641679,1.0000000000000002]
["(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,223914.91,82322.350000000006,306237.26]
[null,"Collection Fund",null,null,null,1918455.33,112934.01000000001,2031389.34]
[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,2702913.24,195256.35999999987,2898169.6]
[]
["(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,110922641.23999999]
[null,"    Loans Receivable",null,null,null,110922641.23999999,-1675306.4499999881,109247334.79000001,109247334.79000001,null,"Interest Caps",null,83595.92]
[null,"    Allowance for Bad Debt",null,null,null,-144632.25,0,-144632.25,-144632.25,null,"Borrower Payments",null,-1363689.5]
[null,"    Accrued Interest Receivable on Loans",null,null,null,3167891.68,8904.7999999998137,3176796.48,3176796.48,null,"Claim Payments",null,-178464.53]
[null,"    Accrued Interest on Investment",null,null,null,4764.5600000000004,21.069999999999709,4785.63,4785.63,null,"Consolidation Payments",null,-217778.52]
[null,"    Accrued Interest Subsidy Payments",null,null,null,-306237.26,-79778.939999999944,-386016.19999999995,-386016.19999999995,null,"Loan Transfers",null,0]
[null,"    Student Loan Fees",null,null,null,0,0,0,0,null,"Refunds to Borrowers",null,4204.84]
[null,"    Total Accounts/Funds Balance",null,null,null,2702913.24,195256.35999999987,2898169.6,866780.26000000024,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,-3174.66]
[null,"Total Assets",null,null,null,116347341.20999999,-1550903.1599999964,114796438.05,112765048.71000001,null,"Miscellaneous Adjustments",null,0]
[null,null,null,null,null,null,null,null,null,null,"Ending Balance",null,109247334.79000001]
[null,"Liabilities"]
[null,"   Bonds Payable",null,null,null,102724171.03,-1451035.4399999976,101273135.59,99695230.876416788]
[null,"   Accrued Interest on Senior Bonds",null,null,null,27982.41,-13608.66,14373.75,0]
[null,"   Principal of Sub Bonds Outstanding",null,null,null,7000000,0,7000000,7000000]
[null,"   Accrued Interest on Sub Bonds Outstanding",null,null,null,11553.91,-1561.8199999999997,9992.09,8318.02]
[null,"   Borrower Benefit Rebates Payable",null,null,null,95915.97,17090.330000000002,113006.3,113006.3]
[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,64186.85,-129932.95000000001,-65746.100000000006,-65746.100000000006]
[null,"Total Liabilities",null,null,null,109923810.16999999,-1579048.5399999768,108344761.63000001,106750809.09641679]
[]
[null,"Senior Parity %",null,null,null,1.1337180736365109,null,1.1348000464121195,1.1325484676389785]
[null,"Total Parity %",null,null,null,1.0612977301189892,null,1.0613455415155093,1.0581623772383417]
["(a) Footnotes"]
["(b) Footnotes"]
[]
["Portfolio Summary - FFELP"]
[]
[null,null,null,null,null,"Beg Balance","Activity","End Balance"]
[null,"Principal Balance",null,null,null,110922641.23999999,-1675306.4499999881,109247334.79000001]
[null,"Accrued Interest",null,null,null,3167891.68,8904.7999999998137,3176796.48]
[]
[null,"Total Pool Balance",null,null,null,114090532.92,-1666401.6499999911,112424131.27000001]
[]
[null,"Weighted Average Coupon (WAC)",null,null,null,5.5510862456906535E-2,null,5.5498036630347254E-2]
[null,"Weighted Average Maturity (WAM) (in months)",null,null,null,138.73914006780896,null,138.49843164322678]
[null,"Number of Loans",null,null,null,20483,-448,20035]
[null,"Number of Borrowers",null,null,null,10464,-245,10219]
[null,"Average Borrower Indebtedness",null,null,null,10903.147259174311,98.333440502761732,11001.480699677073]
[]
[]
["(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,"2020-12-31"]
[null,"Current Status","Principal","% of Pool","Conversion to Repayment"]
[null,"    In School",84863.66,7.7680302373626432E-4,-19.714517379995158,"months",null,"   Current Period Defaults and Write-offs",null,null,null,188397.77]
[null,"    Grace",11500,1.052657259063189E-4,-3,"months",null,"   Cumulative Defaults and Write-offs",null,null,null,47286947.740000002]
[null,"Total Not Converted",96363.66,8.8206874964258321E-4,null,null,null,"      Loans for which claims have been filed but not yet paid as of Distribution Date",null,null,null,214941.18]
[null,null,null,null,"W.A. Time since",null,null,"   Cumulative Purchases and Originations",null,null,null,373888431.73000002]
[null,"Current Status","Principal","% of Pool","Conversion to Repayment",null,null,"Cumulative Default Rate (1)",null,null,null,0.12704829807171739]
[null,"Repayment",101281429.40000001,0.92708375535831222,152.01067887932052,"months",null,"Cumulative Recoveries (including reimbursements and collections)"]
[null,"Reduced Payment",0,0,0,"months",null,"   Payments from Guarantor",null,null,null,46293958.450000003]
[null,"Forbearance",3385807.51,3.0992129158192702E-2,150.85674085175623,"months",null,"   Borrower Recoveries",null,null,null,810.06]
[null,"Deferment",4268793.04,3.907457374777755E-2,139.05437121168094,"months",null,"Recovery Rate (2)",null,null,null,0.9790179049945168]
[null,"Claim Filed",214941.18,1.9674729860748481E-3,156.21776041240679,"months",null,"Cumulative Net Loss",null,null,null,1207120.4099999964]
[null,"Total Converted",109150971.13000003,0.99911793125035731,null,null,null,"Cumulative Net Loss (3)",null,null,null,3.2285577930683531E-3]
[null,"Total Portfolio",109247334.79000002,0.99999999999999989,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,25,24,88363.66,84863.66,7.9662419693748727E-4,7.7680302373626432E-4]
[null,"Repayment ",null,null,null,18783,18384,104129789.51000001,101281429.40000001,0.93876045815297082,0.92708375535831222]
[null,"Reduced Payment",null,null,null,0,0,0,0,0,0]
[null,"In Grace",null,null,null,5,3,19250,11500,1.7354437096705398E-4,1.052657259063189E-4]
[null,"Forbearance ",null,null,null,359,377,2192605.75,3385807.51,1.9766981073376395E-2,3.0992129158192702E-2]
[null,"Deferment",null,null,null,1281,1212,4310985.58,4268793.04,3.8864793804111189E-2,3.907457374777755E-2]
[null,"Claim Filed",null,null,null,30,35,181646.74,214941.18,1.6375984016371949E-3,1.9674729860748481E-3]
[null,"Total Portfolio",null,null,null,20483,20035,110922641.23999999,109247334.79000002,1.0000000000000002,0.99999999999999989]
["(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,16314,16313,85883712.079999998,86319284.560000002,0.82477562361491408,0.85227158691739391]
[null,"    1-29 Days Delinquent",null,null,null,1530,724,12488321.279999999,7348518,0.1199303421121455,7.2555433345809384E-2]
[null,"    30-59 Days Delinquent",null,null,null,156,543,1182133.58,3101234.67,1.135250138853373E-2,3.0619973359104269E-2]
[null,"    60-89 Days Delinquent",null,null,null,260,248,1654605.48,1254813.81,1.5889837939613828E-2,1.2389376980890042E-2]
[null,"    90-119 Days Delinquent",null,null,null,148,159,890473.45,966808.09,8.5515725537357798E-3,9.5457587410392522E-3]
[null,"    120-149 Days Delinquent",null,null,null,109,100,597059.74,598329.18000000005,5.7338033891124107E-3,5.9075902023160033E-3]
[null,"    150-179 Days Delinquent",null,null,null,76,89,380723.02,534227.74,3.6562353750214547E-3,5.2746860225493615E-3]
[null,"    180-209 Days Delinquent",null,null,null,71,66,449187.28,362263.13,4.3137250359740979E-3,3.5767971694917644E-3]
[null,"    210-239 Days Delinquent",null,null,null,46,68,316680.44,406429.87,3.0412088749069053E-3,4.012876520480861E-3]
[null,"    240-269 Days Delinquent",null,null,null,55,41,213394.15,298125.33,2.0493093379345293E-3,2.9435339900524744E-3]
[null,"    270+ Days Delinquent",null,null,null,18,33,73499.009999999995,91395.02,7.0584037810756913E-4,9.0238675087261357E-4]
[null,"Total Repayment",null,null,null,18783,18384,104129789.51000001,101281429.40000001,0.99999999999999989,0.99999999999999989]
["(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,2874,2805,9199315.5399999991,9038484.8699999992,8.2934515777493209E-2,8.2734145298593964E-2]
[null,"Subsidized Stafford Loans",null,null,null,10605,10329,21637957.609999999,21146024.77,0.19507250610073912,0.19356101282148266]
[null,"Grad / PLUS Loans",null,null,null,962,941,10333267.810000001,10126529.25,9.3157426603665314E-2,9.269360455763663E-2]
[null,"HEAL Loans",null,null,null,0,0,0,0,0,0]
[null,"Consolidation Loans",null,null,null,6042,5960,69752100.280000001,68936295.900000006,0.62883555151810222,0.6310112373222867]
[null,"Non-Guaranteed FFELP",null,null,null,0,0,0,0,0,0]
[null,"Total Portfolio",null,null,null,20483,20035,110922641.24000001,109247334.79000001,0.99999999999999989,1]
["(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,1664,1639,3899822.99,3861684.08,3.5158042996488614E-2,3.5348085034963082E-2]
[null,"4 Year",null,null,null,16876,16479,87753981.019999996,86254697.269999996,0.79112776290756859,0.78953594095272484]
[null,"Foreign",null,null,null,157,156,1520916.16,1515302.79,1.3711503287315701E-2,1.3870386796280032E-2]
[null,"Private-nonprofit Non-Degree Program",null,null,null,16,14,78969.59,75611.22,7.1193391283512508E-4,6.9211043130107657E-4]
[null,"Private-nonprofit Professional Degree",null,null,null,4,4,237430.96,237430.96,2.1405094338339615E-3,2.1733341180029718E-3]
[null,"Proprietary",null,null,null,558,553,3024842.02,3002338.89,2.7269834058992883E-2,2.7482033275880162E-2]
[null,"Public Non-Degree Program",null,null,null,9,7,10236.23,10072.67,9.2282602411640897E-5,9.2200601683895786E-5]
[null,"Other / Unknown (a)",null,null,null,1199,1183,14396442.27,14290196.91,0.1297881308005536,0.13080590878916398]
[null,"Total Portfolio",null,null,null,20483,20035,110922641.23999998,109247334.78999999,1,1.0000000000000002]
["(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"]

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["Student Loan Asset-Backed Notes, 2013-1"]
["Monitoring Waterfall and Collections"]
[]
[null,"Distribution Date",null,null,"2020-01-28"]
[null,"Collection Period",null,null,"12/1/19 - 12/31/19"]
[]
["Collection Activity"]
[]
[]
["Collection Account",null,null,null,null,null,null,"2020-12-31",null,"Fees and Program Expenses for Current Collection Period",null,null,null,"2020-12-31"]
[]
[null,null,"Available Funds at Beginning of Period",null,null,null,null,0,null,"Indenture Trustee Fees",null,null,null,541.36567794999996]
[null,"Collection Amount Received",null,null,null,null,null,1841401.67,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,68439.994737500005]
[null,"Reserve Account - End of Period",null,null,null,null,null,560543,null,"Administration Fees",null,null,null,10541.999298333334]
[null,null,null,null,null,null,null,null,null,"Other Fees",null,null,null,0]
[null,"Payments from Guarantor",null,null,null,null,null,185223.11]
[null,"Sale Proceeds",null,null,null,null,null,0,null,null,"Total Fees and Program Expenses",null,null,79523.359713783342]
[null,"Investment Income",null,null,null,null,null,4764.5600000000004]
[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,2031389.3399999999]
[]
["(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,2031389.3399999999]
[]
[null,"First: Department of Education, Guaranty Agency, and Rebate Fees to the DOE Reserve Fund",null,null,null,null,null,null,null,null,null,141267.85,null,1890121.4899999998]
[]
[null,"Second: Trustee Fees",null,null,null,null,null,null,null,null,null,541.36567794999996,null,1889580.1243220498]
[]
[null,"Third: Servicing Fees",null,null,null,null,null,null,null,null,null,68439.994737500005,null,1821140.1295845497]
[]
[null,"Fourth: Administration Fees",null,null,null,null,null,null,null,null,null,10541.999298333334,null,1810598.1302862163]
[]
[null,"Fifth: Noteholders' Interest",null,null,null,null,null,null,null,null,null,232693.41670300066,null,1577904.7135832156]
[]
[null,"Sixth: Reserve Fund Requirement",null,null,null,null,null,null,null,null,null,0,null,1577904.7135832156]
[]
[null,"Seventh: Noteholders' Principal",null,null,null,null,null,null,null,null,null,1577904.71358322,null,-4.4237822294235229E-9]
[]
[null,"Eighth: Class B Carry Over Amount",null,null,null,null,null,null,null,null,null,0,null,-4.4237822294235229E-9]
[]
[null,"Remaining Amount Available for Release to Issuer",null,null,null,null,null,null,null,null,null,null,null,-4.4237822294235229E-9]
["(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,"2019-11-30","2019-12-31"]
[]
["Assets"]
["     Cash and Equivalents"]
[null,"          Revenue",null,1918455.33,2031389.34]
[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,223914.91,306237.26]
[null,"     Total Cash and Equivalents",null,2702913.24,2898169.6]
["     Receivables"]
[null,"          Investment Interest",null,4764.5600000000004,4785.63]
[null,"          Student Loans",null,110922641.23999999,109247334.79000001]
[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,3167891.68,3176796.48]
[null,"          FIB",null,93364.9,112395.6]
[null,"          SAP",null,-399602.16,-498411.8]
[null,"     Total Receivables",null,113644427.97,111898268.45]
[]
[null,"Total Assets",null,116347341.20999999,114796438.05]
["Liabilities and Net Assets"]
["     Liabilities"]
[null,"          Senior Bonds Payable",null,102724171.03,101273135.59]
[null,"          Bond Premium/Discount",null,0,0]
[null,"          Sub Bond Payable",null,7000000,7000000]
[null,"          Bond Interest Payable",null,27982.41,14373.75]
[null,"          Sub Bond Interest Payable",null,3267.93,1674.07]
[null,"          Sub Bond Interest Carryover",null,8285.98,8318.02]
[null,"          Deferred Gain on Discounted Bond Refunding",null,985690.14,971766.73]
[null,"          VT Value Rebates Payable",null,95915.97,113006.3]
[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,64186.85,-65746.100000000006]
[null,"     Total Liabilities",null,110909500.31,109316528.36]
[]
["     Net Assets"]
[null,"          Restricted by Bond Resolution",null,5437840.9000000004,5479909.6900000004]
[null,"     Total Net Assets",null,5437840.9000000004,5479909.6900000004]
[null,"Total Liabilities and Net Assets",null,116347341.20999999,114796438.05]