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Due To/From Other Funds Total Liabilities Net Assets' Restricted by Bond Resolution Total Net AssetsOverall Parity RatioSenior Parity Ratio@Cumulative Recoveries (including reimbursements and collections) Payments from Guarantor Borrower Recoveries Recovery RateCumulative Net Loss!First: Bond Insurance Premium Due>Second: Principal and Interest Due on Senior Bonds OutstandingBThird: Principal and Interest Due on Subordinate Bonds OutstandingETotal Principal and Interest Distribution on Senior Bonds Outstanding0Fees and Program Expenses Due for Current PeriodTotal Fees and Program Expenses!Fourth: Fees and Program ExpensesEFifth: Other amounts due to Bond Insurer or Liquidity Facility Issuer[Sixth: Payment to Debt Service Reserve Account if necessary to increase to minimum required*Available Funds at Beginning of Period (a)N(a) Footnotes: Available Funds is sum of Revenue and Loan Acquisition Accounts1995Trust 6/30/20102003 FF2) Current Period Defaults and Write-offs% Cumulative Defaults and Write-offsServicing FeesIndenture Trustee FeesAuction Agent Fees Other FeesRemarketing FeesCredit Enhancement FeesArbitrage Analysis FeesD Loans for which claims have been filed as of Distribution Date.Remaining Amount Available for Bond Redemption www.vsac.org"Excess Earnings Rebate paid to IRSAccrued Interest Carryover,Consolidation Rebate Fee paid to Dept. of Ed'Excess Interest returned to Dept. of EdExemptTaxable IRS StatusWeighted Average Payments Made % of Pool In School Grace Deferment RepaymentMost recent auction result7/1/10 - 9/30/10Rate(a) 9/30/2010Loan Acquisition Fund Revenue Fund Debt Service Reserve FIB/SAP Allowance for Bad Debt Student Loan Fees Prepaid Expenses Deferred Bond Issuance Costs( Accrued Interest Receivable on Loans# Borrower Benefit Rebates Payable) Accrued Yield and Rebate - US Treasury Due to US Dept. of Ed) Accounts Payable and Other Liabilities Due To/From OperationsReduced Payment Claim Filed HEAL LoansOther / Unknown (a)CIncludes Consolidation loans for which no School Code is maintainedPortfolio by Loan ProgramOther / Unknown 701 - 750 751 - 800Less than 650 or No Score 240-269 Days Delinquent 270+ Days Delinquent 1-29 Days DelinquentIn Grace In School Repayment Forbearance Reduced Payment Deferment *Weghted Average Maturity (WAM) (in months)>Cash Used to Redeem Bonds Principal and Interest during PeriodInterest Accrued Interest Due Interest Paid$(a) Footnotes: Includes Grace Period'Weighted Average Months to Maturity (a) Forbearance (b)Portfolio Weighted Average<(b) Footnotes: Includes loans in Reduced Payment ForbearanceAverage FICO Score (a) Average of FICO scores on record+Average FICO Score (cosigned borrowers) (a)/Average FICO Score (non-cosigned borrowers) (a)N/Ainvestorrelations@vsac.orgZ< <t==F>5>d?S(@)AABnC]D E}El E F kFZ F }Gl H H I uId I UJDJKLMNOQRST=U,UVWXtOY>JZ9ccB g2ɀ (zdvh  dMbP?_*+%; { &?'?(?)?MAdobe PDFS o8XXLetterPRIV0''''0\KhCFFSMTJAdobe PDF ConverterResolution1200dpiPageSizeLetterPageRegionLeadingEdgeInputSlotOnlyOne0EBDAStandard"8XX??&U} } m }  } m} } $} } } } } } I} I} I } m} } $ ;; @@@     ; @  Bh B- VW X XXY SS    SS  ZZ ~ [`@  SS  ZZ  !   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