Credit Rating Report

Navient Student Loan Trust 2018-1: Rating Report

Student Loans

Summary

DBRS, Inc. (DBRS) finalized its provisional ratings on the following classes of notes issued by Navient Student Loan Trust 2018-1 (Navient 2018-1):

-- $233,000,000 Class A-1 Notes rated AAA (sf)
-- $283,300,000 Class A-2 Notes rated AAA (sf)
-- $471,000,000 Class A-3 Notes rated AAA (sf)
-- $14,900,000 Class B Notes rated AA (sf)

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