Exhibit 99.1

ANNEX A

THE TRUST STUDENT LOAN POOL

The trust student loans owned by the trust were originally selected from a portfolio of consolidation student loans owned by Student Loan Marketing Association by employing several criteria, including requirements that each trust student loan as of the original cutoff date:

• was guaranteed as to principal and interest by a guaranty agency under a guarantee agreement and the guaranty agency was, in turn, reinsured by the Department of Education in accordance with the FFELP;

• contained terms in accordance with those required by the FFELP, the guarantee agreements and other applicable requirements;

• was more than 120 days past the final disbursement;

• was not more than 210 days past due;

• did not have a borrower who was noted in the related records of the servicer as being currently involved in a bankruptcy proceeding; and

• had special allowance payments, if any, based on the three-month commercial paper rate or the 91-day Treasury bill rate.

No trust student loan as of the original cutoff date was subject to the depositor’s or the Student Loan Marketing Association’s prior obligation to sell that loan to a third party. The Student Loan Marketing Association was dissolved on December 31, 2004 and all of its obligations were assumed by its affiliate, Navient Credit Finance Corporation.

Unless otherwise specified, all information with respect to the trust student loans is presented as of April 30, 2024, which is the statistical disclosure date.

The following tables provide a description of specified characteristics of the trust student loans as of the statistical disclosure date.  The aggregate outstanding principal balance of the loans in each of the following tables includes the principal balance due from borrowers, plus accrued interest of $4,403,184 to be capitalized as of the statistical disclosure date.  Percentages and dollar amounts in any table may not total 100% or whole dollars due to rounding.  The following tables also contain information concerning the total number of loans and total number of borrowers in the portfolio of trust student loans.  For ease of administration, the servicer separates a consolidation loan on its system into two separate loan segments representing subsidized and unsubsidized segments of the same loan.  The following tables reflect those loan segments within the number of loans.  In addition, 2 borrowers have more than one trust student loan.

The distribution by weighted average interest rate applicable to the trust student loans on any date following the statistical disclosure date may vary significantly from that in the following tables as a result of variations in the effective rates of interest applicable to the trust student loans and in rates of principal reduction.  Moreover, the information below about the weighted average remaining term to maturity of the trust student loans as of the statistical disclosure date may vary significantly from the actual term to maturity of any of the trust student loans as a result of prepayments or the granting of deferment and forbearance periods.

The following tables also contain information concerning the total number of loans and the total number of borrowers in the portfolio of trust student loans.

Percentages and dollar amounts in any table may not total 100% of the trust student loan balance, as applicable, due to rounding.

COMPOSITION OF THE TRUST STUDENT LOANS AS OF

THE STATISTICAL DISCLOSURE DATE

Aggregate Outstanding Principal Balance	$	234,125,932
Aggregate Outstanding Principal Balance – Treasury Bill	$	35,004,574
Percentage of Aggregate Outstanding Principal Balance – Treasury Bill		14.95	%
Aggregate Outstanding Principal Balance – 30-day Average SOFR	$	199,121,358
Percentage of Aggregate Outstanding Principal Balance – 30-day Average SOFR		85.05	%
Number of Borrowers	$	4,213
Average Outstanding Principal Balance Per Borrower		55,572
Number of Loans		7,351
Average Outstanding Principal Balance Per Loan – Treasury Bill	$	56,642
Average Outstanding Principal Balance Per Loan – One-Mo		29,574
Weighted Average Remaining Term to Scheduled Maturity	212 months
Weighted Average Annual Interest Rate	$	7.43	%

We determined the weighted average remaining term to maturity shown in the table from the statistical disclosure date to the stated maturity date of the applicable trust student loan without giving effect to any deferment or forbearance periods that may be granted in the future.  See Appendix A to the preliminary remarketing memorandum.

The weighted average annual borrower interest rate shown in the table is exclusive of special allowance payments.  The weighted average spread for special allowance payments to the 91-day Treasury bill rate was 3.10% as of the statistical disclosure date.

The weighted average spread for special allowance payments to the 30-day Average SOFR Rate was 2.64% as of the statistical disclosure date.  See “Special Allowance Payments” in Appendix A to the preliminary remarketing memorandum.

For these purposes, the 91-day Treasury bill rate is the weighted average per annum discount rate, expressed on a bond equivalent basis and applied on a daily basis, for direct obligations of the United States with a maturity of thirteen weeks, as reported by the United States Department of the Treasury.

DISTRIBUTION OF THE TRUST STUDENT LOANS

BY BORROWER INTEREST RATES AS OF THE STATISTICAL

DISCLOSURE DATE

Interest Rates	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
Less than or equal to 3.00%		0	$	0		0.0	%
3.01% to 3.50%		0		0		0.0
3.51% to 4.00%		0		0		0.0
4.01% to 4.50%		0		0		0.0
4.51% to 5.00%		4		18,435		*
5.01% to 5.50%		107		1,113,114		0.5
5.51% to 6.00%		655		13,465,284		5.8
6.01% to 6.50%		1,420		30,280,285		12.9
6.51% to 7.00%		2,135		54,317,883		23.2
7.01% to 7.50%		434		15,142,040		6.5
7.51% to 8.00%		1,025		41,696,126		17.8
8.01% to 8.50%		1,388		63,189,469		27.0
Equal to or greater than 8.51%		183		14,903,296		6.4
Total		7,351	$	234,125,932		100.0	%

* Represents a percentage greater than 0% but less than 0.05%.

We determined the interest rates shown in the table above using the interest rates applicable to the trust student loans as of the statistical disclosure date.  Because trust student loans with different interest rates are likely to be repaid at different rates, this information is not likely to remain applicable to the trust student loans after the statistical disclosure date.  See Appendix A to the preliminary remarketing memorandum and “The Student Loan Pools – Sallie Mae’s Student Loan Financing Business” in the original prospectus.

DISTRIBUTION OF THE TRUST STUDENT LOANS BY

OUTSTANDING PRINCIPAL BALANCE PER BORROWER

AS OF THE STATISTICAL DISCLOSURE DATE

Range of Outstanding Principal Balance	Number of Borrowers		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
Less than $5,000.00		419	$	1,014,826		0.4	%
$ 5,000.00-$ 9,999.99		442		3,319,136		1.4
$10,000.00-$14,999.99		360		4,397,401		1.9
$15,000.00-$19,999.99		263		4,625,515		2.0
$20,000.00-$24,999.99		278		6,252,795		2.7
$25,000.00-$29,999.99		258		7,123,708		3.0
$30,000.00-$34,999.99		266		8,597,901		3.7
$35,000.00-$39,999.99		218		8,143,508		3.5
$40,000.00-$44,999.99		159		6,748,535		2.9
$45,000.00-$49,999.99		131		6,211,638		2.7
$50,000.00-$54,999.99		124		6,481,772		2.8
$55,000.00-$59,999.99		96		5,525,642		2.4
$60,000.00-$64,999.99		103		6,406,275		2.7
$65,000.00-$69,999.99		91		6,155,993		2.6
$70,000.00-$74,999.99		73		5,312,464		2.3
$75,000.00-$79,999.99		75		5,787,354		2.5
$80,000.00-$84,999.99		76		6,276,562		2.7
$85,000.00-$89,999.99		65		5,671,130		2.4
$90,000.00-$94,999.99		45		4,153,378		1.8
$95,000.00-$99,999.99		40		3,903,783		1.7
$100,000.00 and above		631		122,016,618		52.1
Total		4,213	$	234,125,932		100.0	%

DISTRIBUTION OF THE TRUST STUDENT LOANS

BY DELINQUENCY STATUS AS OF THE

STATISTICAL DISCLOSURE DATE

Number of Days Delinquent	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
0-30 days		6,865		213,030,310		91.0	%
31-60 days		156		5,732,896		2.4
61-90 days		114		4,934,612		2.1
91-120 days		57		2,381,238		1.0
121-150 days		36		1,829,524		0.8
151-180 days		15		1,428,453		0.6
181-210 days		26		1,051,405		0.4
Greater than 210 days		82		3,737,494		1.6
Total		7,351	$	234,125,932		100.0	%

DISTRIBUTION OF THE TRUST STUDENT LOANS

BY REMAINING TERM TO SCHEDULED MATURITY

AS OF THE STATISTICAL DISCLOSURE DATE

Number of Months Remaining to Scheduled Maturity	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
0 to 3		34	$	16,270		*
4 to 12		167		185,284		0.1	%
13 to 24		249		895,669		0.4
25 to 36		530		2,662,582		1.1
37 to 48		489		4,351,543		1.9
49 to 60		352		3,344,922		1.4
61 to 72		319		4,167,483		1.8
73 to 84		349		5,197,643		2.2
85 to 96		563		9,294,479		4.0
97 to 108		419		7,646,160		3.3
109 to 120		314		7,263,215		3.1
121 to 132		313		9,161,891		3.9
133 to 144		344		10,648,064		4.5
145 to 156		293		10,205,973		4.4
157 to 168		286		10,779,296		4.6
169 to 180		212		9,118,013		3.9
181 to 192		172		7,087,500		3.0
193 to 204		195		9,178,768		3.9
205 to 216		148		6,873,461		2.9
217 to 228		103		4,904,891		2.1
229 to 240		125		6,919,562		3.0
241 to 252		105		5,323,553		2.3
253 to 264		75		4,781,404		2.0
265 to 276		79		5,181,202		2.2
277 to 288		81		5,740,458		2.5
289 to 300		235		18,186,317		7.8
301 to 312		719		57,777,116		24.7
313 to 324		25		1,996,970		0.9
325 to 336		9		646,249		0.3
337 to 348		4		670,168		0.3
349 to 360		12		1,540,087		0.7
361 and above		31		2,379,739		1.0
Total		7,351	$	234,125,932		100.0	%

* Represents a percentage greater than 0% but less than 0.05%.

We have determined the number of months remaining to scheduled maturity shown in the table from the statistical disclosure date to the stated maturity date of the applicable trust student loan without giving effect to any deferment or forbearance periods that may be granted in the future.  See Appendix A to the preliminary remarketing memorandum and “The Student Loan Pools –Sallie Mae’s Student Loan Financing Business” in the original prospectus.

DISTRIBUTION OF THE TRUST STUDENT LOANS

BY CURRENT BORROWER PAYMENT STATUS

AS OF THE STATISTICAL DISCLOSURE DATE

Current Borrower Payment Status	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
Deferment		193	$	6,710,102		2.9	%
Forbearance		796		45,566,084		19.5
Repayment
First year in repayment		53		3,837,929		1.6
Second year in repayment		44		2,460,070		1.1
Third year in repayment		73		5,435,235		2.3
More than 3 years in repayment		6,192		170,116,512		72.7
Total		7,351	$	234,125,932		100.0	%

(1) Of the trust student loans in forbearance status, approximately 32 loans with an aggregate outstanding principal balance of $1,180,837, representing 0.50% of the pool by principal balance, are in the Coronavirus Disaster Forbearance Program.

Current borrower payment status refers to the status of the borrower of each trust student loan as of the statistical disclosure date.  The borrower:

• may have temporarily ceased repaying the loan through a deferment or a forbearance period (this category includes the Coronavirus Disaster Forbearance Program.); or

• may be currently required to repay the loan – repayment.

See Appendix A to the preliminary remarketing memorandum and “The Student Loan Pools –Sallie Mae’s Student Loan Financing Business” in the original prospectus.

The weighted average number of months in repayment for all trust student loans currently in repayment is approximately 150.3 calculated as the term to maturity at the commencement of repayment less the number of months remaining to scheduled maturity as of the statistical disclosure date.

SCHEDULED WEIGHTED AVERAGE REMAINING MONTHS IN

STATUS OF THE TRUST STUDENT LOANS BY

CURRENT BORROWER PAYMENT STATUS AS OF THE

STATISTICAL DISCLOSURE DATE

	Scheduled Months in Status Remaining
Current Borrower Payment Status	Deferment		Forbearance		Repayment
Deferment		15.0		-		235.2
Forbearance		-		8.8		238.2
Repayment		-		-		201.8

We have determined the scheduled weighted average remaining months in status shown in the previous table without giving effect to any deferment or forbearance periods that may be granted in the future.  Of the $6,710,102 aggregate outstanding principal balance of the trust student loans in deferment as of the statistical disclosure date, $4,091,748 or approximately 61.0% of such loans are to borrowers who had not graduated as of that date.  We expect that a significant portion of these loans could qualify for additional deferments or forbearances at the end of their current deferment periods as the related borrowers continue their education beyond their current degree programs.  As a result, the overall duration of any applicable deferment and forbearance periods as well as the likelihood of future deferment and forbearance periods within this pool of trust student loans is likely to be higher than in other pools of student loans without similar numbers of in-school consolidation loans.  See Appendix A to the original prospectus.

GEOGRAPHIC DISTRIBUTION OF THE TRUST STUDENT LOANS

AS OF THE STATISTICAL DISCLOSURE DATE

State	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
Alabama		115	$	3,359,401	1.4	%
Alaska		7		235,529	0.1
Arizona		174		5,785,406	2.5
Arkansas		113		2,949,916	1.3
California		850		29,038,766	12.4
Colorado		143		4,095,636	1.7
Connecticut		53		1,326,397	0.6
Delaware		19		459,821	0.2
District of Columbia		18		352,860	0.2
Florida		457		15,950,556	6.8
Georgia		268		10,021,912	4.3
Hawaii		18		293,640	0.1
Idaho		40		1,759,246	0.8
Illinois		341		9,984,030	4.3
Indiana		107		2,302,399	1.0
Iowa		43		1,656,802	0.7
Kansas		171		5,540,616	2.4
Kentucky		65		2,620,382	1.1
Louisiana		339		9,537,924	4.1
Maine		20		744,040	0.3
Maryland		133		4,617,989	2.0
Massachusetts		92		2,117,379	0.9
Michigan		262		9,712,782	4.1
Minnesota		153		3,404,316	1.5
Mississippi		88		2,959,154	1.3
Missouri		229		7,456,690	3.2
Montana		32		402,752	0.2
Nebraska		27		714,866	0.3
Nevada		75		1,973,408	0.8
New Hampshire		23		590,582	0.3
New Jersey		98		3,647,535	1.6
New Mexico		26		1,076,423	0.5
New York		239		8,940,818	3.8
North Carolina		138		5,016,023	2.1
North Dakota		3		174,435	0.1
Ohio		35		556,151	0.2
Oklahoma		217		6,095,297	2.6
Oregon		170		5,770,885	2.5
Pennsylvania		157		3,764,556	1.6
Rhode Island		10		264,400	0.1
South Carolina		69		2,734,906	1.2
South Dakota		8		177,515	0.1
Tennessee		179		5,242,547	2.2
Texas		846		24,242,161	10.4
Utah		35		1,017,746	0.4
Vermont		5		283,400	0.1
Virginia		141		5,554,178	2.4
Washington		241		8,649,035	3.7
West Virginia		21		674,137	0.3
Wisconsin		164		5,950,412	2.5
Wyoming		10		158,789	0.1
Other		64		2,169,386	0.9
Total		7,351	$	234,125,932	100.0	%

*  Represents a percentage greater than 0% but less than 0.05%.

We have based the geographic distribution shown in the table on the billing addresses of the borrowers of the trust student loans shown on the servicer’s records as of the statistical disclosure date.

Each of the trust student loans provides or will provide for the amortization of its outstanding principal balance over a series of regular payments.  Except as described below, each regular payment consists of an installment of interest which is calculated on the basis of the outstanding principal balance of the trust student loan.  The amount received is applied first to interest accrued to the date of payment and the balance of the payment, if any, is applied to reduce the unpaid principal balance.  Accordingly, if a borrower pays a regular installment before its scheduled due date, the portion of the payment allocable to interest for the period since the preceding payment was made will be less than it would have been had the payment been made as scheduled, and the portion of the payment applied to reduce the unpaid principal balance will be correspondingly greater.  Conversely, if a borrower pays a monthly installment after its scheduled due date, the portion of the payment allocable to interest for the period since the preceding payment was made will be greater than it would have been had the payment been made as scheduled, and the portion of the payment applied to reduce the unpaid principal balance will be correspondingly less.

In either case, subject to any applicable deferment periods or forbearance periods, and except as provided below, the borrower pays a regular installment until the final scheduled payment date, at which time the amount of the final installment is increased or decreased as necessary to repay the then outstanding principal balance of that trust student loan.

The servicer makes available to borrowers of student loans it holds (including the trust student loans) payment terms that may result in the lengthening of the remaining term of the student loans.  For example, not all of the loans sold to the trust provide for level payments throughout the repayment term of the loans.  Some student loans provide for interest only payments to be made for a designated portion of the term of the loans, with amortization of the principal of the loans occurring only when payments increase in the latter stage of the term of the loans.  Other loans provide for a graduated phase in of the amortization of principal with a greater portion of principal amortization being required in the latter stages than would be the case if amortization were on a level payment basis.  The servicer also offers an income-sensitive repayment plan, under which repayments are based on the borrower’s income.  Under that plan, ultimate repayment may be delayed up to five years.  Borrowers under trust student loans will continue to be eligible for the graduated payment and income-sensitive repayment plans.  These programs are applicable to the trust student loans and may be offered by the servicer to related borrowers at its discretion.

2003-1

The following table provides certain information about trust student loans subject to the repayment terms described in the preceding paragraphs.

DISTRIBUTION OF THE TRUST STUDENT LOANS BY REPAYMENT

TERMS AS OF THE STATISTICAL DISCLOSURE DATE

Loan Repayment Terms	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
Level Repayment		3,024	$	85,380,634		36.5	%
Other Repayment Options(1)		2,568		57,579,649		24.6
Income-driven Repayment(2)		1,759		91,165,649		38.9
Total		7,351	$	234,125,932		100.0	%

(1) Includes, among others, graduated repayment and interest-only period loans.

(2) Includes income sensitive and income based repayment.

With respect to interest-only loans, as of the statistical disclosure date, there are 86 loans with an aggregate outstanding principal balance of $4,471,029 currently in an interest-only period.  These interest-only loans represent approximately 1.9% of the aggregate outstanding principal balance of the trust student loans.  Interest-only periods range up to 48 months in overall length.

The servicer may in the future offer repayment terms similar to those described above to borrowers of trust student loans who are not entitled to these repayment terms as of the statistical disclosure date.  If repayment terms are offered to and accepted by those borrowers, the weighted average life of the securities could be lengthened.

DISTRIBUTION OF THE TRUST STUDENT LOANS BY LOAN

TYPE AS OF THE STATISTICAL DISCLOSURE DATE

Loan Type	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
Subsidized		3,681	$	99,839,434		42.6	%
Unsubsidized		3,670		134,286,499		57.4
Total		7,351	$	234,125,932		100.0	%

2003-1

The following table provides information about the trust student loans regarding date of disbursement.

DISTRIBUTION OF THE TRUST STUDENT LOANS

BY DATE OF DISBURSEMENT AS OF

THE STATISTICAL DISCLOSURE DATE

Disbursement Date	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
September 30, 1993 and earlier		18	$	540,593		0.2	%
October 1, 1993 through June 30, 2006		7,333		233,585,339		99.8
July 1, 2006 and later		0		0		0.0
Total		7,351	$	234,125,932		100.0	%

2003-1

Guaranty Agencies for the Trust Student Loans.  The eligible lender trustee has entered into a separate guarantee agreement with each of the guaranty agencies listed below, under which each of the guarantors has agreed to serve as guarantor for specified trust student loans.

The following table provides information with respect to the portion of the trust student loans guaranteed by each guarantor.

DISTRIBUTION OF THE TRUST STUDENT LOANS

BY GUARANTY AGENCY AS OF

THE STATISTICAL DISCLOSURE DATE

Name of Guaranty Agency	Number of Loans		Aggregate Outstanding Principal Balance		Percent of Pool by Outstanding Principal Balance
American Student Assistance		402	$	6,057,235		2.6	%
College Assist		13		303,521		0.1
Educational Credit Management Corporation		784		22,413,365		9.6
Great Lakes Higher Education Corporation		3,739		126,584,200		54.1
Kentucky Higher Educ. Asst. Auth.		126		3,836,505		1.6
Michigan Guaranty Agency		143		3,921,373		1.7
Oklahoma Guaranteed Stud Loan Prog		210		5,477,773		2.3
Pennsylvania Higher Education Assistance Agency		841		29,013,322		12.4
Texas Guaranteed Student Loan Corp		1,093		36,518,638		15.6
Total		7,351	$	234,125,932		100.0	%

2003-1