Credit Rating Report

Laurel Road Prime Student Loan Trust 2020-A: Rating Report

Student Loans

Summary

DBRS Inc. (DBRS Morningstar) finalized its provisional ratings on the following classes of notes (collectively, the Notes) to be issued by Laurel Road Prime Student Loan Trust 2020-A:

-- $86,000,000 Class A-1FX Notes at AAA (sf)
-- $155,328,000 Class A-2FX Notes at AAA (sf)
-- $7,039,000 Class B-FX Notes at AA (sf)

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