Fitch Rates SLM Private Education Loan Trust 2009-B Notes

Fitch Ratings assigns an 'AAA' rating to SLM Private Education Loan Trust 2009-B, student loan-backed notes redeemable at 93%, as follows:

--$2,592,594,000 floating-rate class A notes (2009-B).

For more information, see the SLM Private Education Loan Trust 2009-B presale report, available on Fitch's web site at www.fitchratings.com.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.