Credit Rating Report

SMB Private Education Loan Trust 2021-B: Rating Report

Student Loans

Summary

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the following classes of notes (the Notes) issued by SMB Private Education Loan Trust 2021-B (SMB 2021-B):

-- $491,000,000 Class A Notes rated AAA (sf)
-- $40,000,000 Class B Notes rated AA (sf)

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