UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 10-K

(Mark One)

☑	Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the fiscal year ended December 31, ~~2022~~2023 or

☐	Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the transition period from to

Commission file number of issuing entity: 333-164557-01

Central Index Key of issuing entity: 0001493611

SLC STUDENT LOAN TRUST 2010-1

(Exact name of issuing entity as specified in its charter)

Commission file number of depositor: 333-164557

Central Index Key of depositor: 0001164019

SLC STUDENT LOAN RECEIVABLES I, INC.

(Exact name of depositor as specified in its charter)

Central Index Key of sponsor: 0000893955

THE STUDENT LOAN CORPORATION

(Exact name of sponsor as specified in its charter)

Delaware		04-3598719
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

4000 Regent Boulevard
C2B-260
Irving, Texas		75063
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (469) 220-4928

Securities registered pursuant to Section 12(b) of the Act: NONE.

Securities registered pursuant to Section 12(g) of the Act: NONE.

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically, every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☐ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act:

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☒	Smaller reporting company	☐
		Emerging growth company	☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the ~~Exchange~~ Act. ☐

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☐

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the fi ling reflect the correction of an error to previously issued financial statements. ☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive- based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ☐ No ☒

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked prices of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter.

REGISTRANT HAS NO VOTING OR NON-VOTING COMMON EQUITY OUTSTANDING HELD BY NON-AFFILIATES.

Indicate the number of shares outstanding of each of the registrant’s classes of common stock, as of the latest practicable date.

NOT APPLICABLE.

List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is incorporated: (1) Any annual report to security holders; (2) Any proxy or information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders).

NOT APPLICABLE.

PART I

The following Items have been omitted in accordance with General Instruction J to Form 10-K:

Item 1.

Business.

Item 1A.

Risk Factors.

Item 1C.

Cybersecurity

Item 2.

Properties.

Item 3.

Legal Proceedings.

Item 1B.

Unresolved Staff Comments.

None.

Item 4.

Mine Safety Disclosures.

Not applicable.

The following substitute information is provided in accordance with General Instruction J to Form 10-K:

Item 1112(b) of Regulation AB. Significant Obligors of Pool Assets.

No single obligor represents 10% or more of the asset pool held by SLC Student Loan Trust 2010-1 (the “Trust”).

Item 1114(b)(2) of Regulation AB. Credit Enhancement and Other Support, Except for Certain Derivatives Instruments.

No entity or group of affiliated entities provides any external credit enhancement or other support with respect to either payment on the pool assets held by the Trust or payments on the notes (the “Notes”) or the certificate (the “Certificate”) issued by the Trust.

Item 1115(b) of Regulation AB. Certain Derivatives Instruments.

No entity or group of affiliated entities provides any external derivative instruments to either payment on the pool assets held by the Trust or payments on the Notes or the Certificate.

Item 1117 of Regulation AB. Legal Proceedings.

Other than as stated in the following paragraphs, there are no legal proceedings that would be material to investors that are pending against the depositor, the issuing entity or, to the knowledge of the registrant and not previously disclosed, the sponsor, Deutsche Bank Trust Company Americas, Deutsche Bank National Trust Company or Navient Solutions, LLC (formerly, Navient Solutions, Inc.) (“Navient Solutions”), nor does the registrant know of any such proceeding contemplated by any governmental authorities.

The following ~~three~~four paragraphs are disclosure received from Navient Solutions, the successor subservicer for this transaction.

Navient Corporation (“Navient”) has been named as defendant in a number of putative class action and other cases alleging violations of various state and federal consumer protection laws including ~~the~~ the Telephone Consumer Protection Act, the Consumer Financial Protection Act of 2010 (~~the “~~CFPA”), the Fair Credit Reporting Act (~~the “~~FCRA”), the Fair Debt Collection Practices Act (~~the “~~FDCPA”), in adversarial proceedings under the United States Bankruptcy Code, and various state consumer protection laws. At this point in time, Navient is unable to anticipate the timing of a resolution or the impact that these legal proceedings may have on its consolidated financial position, liquidity, results of operation or cash flows. As a result, it is not possible at this time to estimate a range of potential exposure, if any, for amounts that may be payable in connection with these matters and ~~reserves~~loss contingency accruals have not been established. It is possible that an adverse ruling or rulings may have a material adverse impact on Navient, Navient Solutions and/or their affiliates or on the financial ability of the depositor, the servicer or a seller to fulfill an obligation to purchase or repurchase trust student loans in connection with a breach of representation, warranty or covenant.

In January 2017, the Consumer Financial Protection Bureau (the “CFPB”) and ~~the~~ Attorneys General for the State of Illinois and the State of Washington initiated civil actions naming Navient and several ~~several~~ of its subsidiaries (including Navient Solutions) as defendants alleging violations of certain ~~federal~~Federal and ~~state~~State consumer protection statutes, including the CFPA, ~~the~~ FCRA, ~~the~~ FDCPA and various state consumer protection laws. The Attorneys General for the States of Pennsylvania, California, Mississippi, and, New Jersey also initiated actions against Navient and certain subsidiaries alleging violations of various state and federal consumer protection laws based onupon similar alleged acts or failures to act. In addition to these matters, a number of lawsuits have been filed by nongovernmental parties or, in the future, may be filed by additional governmental or nongovernmental parties seeking damages or other remedies related to similar issues raised by the CFPB and the State Attorneys General. In January 2022, Navient entered into a series of Consent Judgment and Orders (the “Agreements”) with 40 State Attorneys General to resolve all matters in dispute related to the State Attorneys General cases as well as the related investigations, subpoenas, civil investigative demands and inquiries from various other state regulators. These Agreements do not resolve the litigation involving Navient and the CFPB. Navient has cancelled the loan balance of approximately 66,000 borrowers with qualifying Private Education Loans that were originated largely between 2002 and 2010 and later defaulted and charged off. The loans cancelled have aggregate outstanding balances of approximately $1.7 billion. The expense to Navient to cancel these loans was approximately $50 million which represents the amount of expected future recoveries of these charged-off loans on the balance sheet. In addition, Navient agreed to make a one-time payment of approximately $145 million to the states. In the fourth quarter of 2021 when such loss became probable, Navient recognized total regulatory expenses of approximately $205 million related to this matter.

As Navient has previously stated, Navient believes the allegations in the CFPB suit are false and that they improperly seek to impose penalties on Navient based on new, previously unannounced servicing standards applied retroactively against only one servicer. Navient therefore has denied these allegations and ~~are~~is vigorously defending against the allegations in that case. AtDue ~~this point in time, it is reasonably possible that a loss contingency exists; however, Navient is unable~~ to ~~anticipate~~recent ~~the~~developments ~~timing~~in ofconnection awith ~~resolution or~~ the ~~impact that an adverse ruling in the~~ CFPB case ~~may have on Navient’s consolidated financial position~~, ~~liquidity, results of operation or cash flows. As a result, it is not~~ ~~possible~~Navient atincreased ~~this~~its ~~time~~accrual ~~to estimate a range of potential exposure, if any,~~ for ~~amounts~~probable ~~that~~incurred ~~may~~loss ~~be payable~~ in ~~connection with~~ this matter ~~and~~to ~~reserves have not been established~~$72.5 Itmillion isin ~~possible~~the ~~that~~fourth anquarter ~~adverse~~of ~~ruling~~2023. The orlitigation ~~rulings~~process ~~may~~is ~~have~~not apredictable ~~material adverse impact on Navient, Navient Solutions~~ and~~/or~~ ~~their~~can ~~affiliates~~lead ~~or on the financial ability of Navient Solutions~~ to ~~fulfill~~unexpected anresults ~~obligation~~and totherefore ~~purchase~~it ~~student loans in connection with a breach of covenant. It~~ is reasonably possible that ~~an adverse ruling~~ orNavient’s ~~rulings~~exposure ~~may~~to ~~have~~loss amay ~~material~~exceed ~~adverse~~any ~~impact~~amounts ~~on the trust student loans~~accrued. ~~In either case, the payments on your notes may be adversely affected.~~

~~The~~On April 12, 2023, Navient reached an agreement in principle (“Settlement”) with certain plaintiffs for a nationwide settlement of claims raised in the following ~~four~~bankruptcy ~~paragraphs~~adversary ~~are~~actions: ~~disclosure~~Coyle v. ~~received~~Navient ~~from~~Solutions, ~~Deutsche~~LLC, ~~Bank~~No. ~~National~~22-80018 ~~Trust~~(Bankr. ~~Company~~W.D. ~~and~~Mich.); ~~Deutsche~~Homaidan ~~Bank~~v. ~~Trust~~SLM ~~Company~~Corp., ~~Americas~~No. ~~Deutsche~~1:17-ap-01085 ~~Bank~~(Bankr. ~~National~~E.D.N.Y.); ~~Trust~~Mazloom ~~Company~~v. Navient Solutions, LLC, No. 20-80033-6 (~~“DBNTC”~~Bankr. N.D.N.Y.); and ~~Deutsche~~Woodard v. Navient Solutions, LLC, No. 08-81442 ~~Bank~~(Bankr. ~~Trust~~D. ~~Company~~Neb.) ~~Americas~~collectively (referred to as the “~~DBTCA~~Bankruptcy Cases.”) The Settlement has received final court approval. Under the Settlement, Navient will forego the collection of defined balances for borrowers or co-borrowers of certain private loans — all of which were originated prior to Navient’s separation — who have ~~been~~received ~~sued~~a discharge in bankruptcy during the periods covered by ~~investors~~the agreements. As a result, Navient recorded a $23 million additional private loan provision for loan losses in ~~civil~~the ~~litigation~~first ~~concerning~~quarter ~~their~~of ~~role~~2023 asrelated ~~trustees~~to the estimated future charge offs that are expected to occur. Navient has also agreed to fund settlement funds. Navient anticipates that any cash contribution it will be required to make to these funds will not exceed $44 million in the aggregate and will be fully covered by insurance. The net impact to operating expense for this element of ~~certain~~the ~~residential~~settlement ~~mortgage-backed~~for ~~securities~~the ~~(“RMBS”)~~first ~~trusts~~quarter of 2023 was $0 due to the accrual of the offsetting insurance reimbursements.

On November 7, 2014, the National Credit Union Administration Board (“NCUA”), as an investor in 121 RMBS trusts, filed a complaint in the U.S. District Court for the Southern District of New York against DBNTC as trustee of those trusts, alleging violations of the TIA and the New York Streit Act for DBNTC’s alleged failure to perform certain purported statutory and contractual duties. On March 5, 2015, NCUA amended its complaint to assert claims as an investor in 97 of the 121 RMBS trusts that were the subject of its first complaint. The ~~amended~~following ~~complaint~~three ~~alleges~~paragraphs ~~violations~~are ofdisclosure ~~the~~received ~~TIA~~from ~~and~~Deutsche ~~Streit~~Bank ~~Act,~~National asTrust ~~well~~Company ~~as breach of contract, breach of fiduciary duty, negligence, gross negligence, negligent misrepresentation,~~ and ~~breach~~Deutsche ofBank ~~the~~Trust ~~covenant~~Company ~~of good faith~~Americas. ~~NCUA’s~~Deutsche ~~complaint~~Bank ~~alleges~~National ~~that~~Trust ~~the~~Company ~~trusts at issue have suffered total realized collateral losses of U.S. $17.2 billion, but the complaint does not include a demand for money damages in a sum certain. On May 1, 2015,~~ (“DBNTC”) ~~filed a motion to dismiss the amended complaint. On July 31, 2018, the court issued an order that, among other things, denied DBNTC’s motion to dismiss without prejudice to its renewal. On~~and ~~August~~Deutsche ~~31,~~Bank ~~2018,~~Trust ~~NCUA~~Company ~~filed~~Americas ~~a letter informing the court that it intends to:~~ (i“DBTCA”) ~~drop~~have ~~all~~been ofsued its claims as to 60 of the 97 trusts at issue; (ii) drop its claims as to certain, but not all, certificates for 3 additional trusts; and (iii) move for leave to file an amended complaint bringing claims as to the remaining 37 trusts at issue. On October 5, 2018, NCUA filed a motion for leave to file a second amended complaint that asserts claims as to only 37 of the 97 trusts that were originally at issue, and adds new claims for a declaratory judgment and breach of contract arising out of the payment from trust funds of DBNTC’s legal fees and expenses in NCUA’s action and in other actions brought by investors ~~against~~in ~~DBNTC~~civil ~~for~~litigation ~~alleged breaches~~concerning oftheir ~~its~~role ~~duties~~ as antrustees ~~RMBS trustee. On November 5, 2018, DBNTC filed a motion to stay NCUA’s new claims relating to payment from trust funds~~ of DBNTC’s legal fees and expenses and all related discovery. On October 15, 2019, the court: (i) granted in part NCUA’s motion for leave to file a second amended complaint; and (ii) granted DBNTC’s motion to stay NCUA’s new claims relating to payment from trust funds of DBNTC’s legal fees and expenses and all related discovery. The court permitted NCUA to file a second amended complaint asserting claims for: (i) breach of contract arising out of DBNTC’s alleged failure to perform certain ~~purported~~residential ~~statutory~~mortgage-backed ~~and~~securities ~~contractual duties; and~~ (ii“RMBS”) declaratory judgment and breach of contract arising out of the payment from trust funds of DBNTC’s legal fees and expenses. The court denied NCUA’s request to assert additional claims for: (i) negligence and gross negligence; and (ii) breach of fiduciary duty. On October 21, 2019, NCUA filed a second amended complaint. On November 15, 2019, DBNTC filed an answer to the second amended complaint. On June 11, 2021, NCUA filed a third amended complaint, the substance of which was unchanged from the second amended complaint. On July 1, 2021, DBNTC filed an answer to the third amended complaint. On October 5, 2021, NCUA filed a fourth amended complaint, the substance of which was unchanged from the third amended complaint. On October 25, 2021, DBNTC filed an answer to the fourth amended complaint. On February 4, 2022, the parties filed a stipulation in which NCUA agreed to voluntarily dismiss with prejudice all claims as to 19 trusts. ~~On February 28, 2022, both parties filed motions for partial summary judgment, which have been fully briefed. Discovery is ongoing.~~

On December 23, 2014, certain special purpose entities including Phoenix Light SF Limited that held RMBS certificates issued by 21 RMBS trusts filed a complaint in the U.S. District Court for the Southern District of New York against DBNTC as trustee of the trusts, asserting claims for violation of the TIA and the Streit Act, breach of contract, breach of fiduciary duty, negligence, gross negligence, and negligent misrepresentation, based on DBNTC’s alleged failure to perform its duties as trustee for the trusts. On April 10, 2015, plaintiffs filed an amended complaint relating to an additional 34 trusts (for a total of 55 trusts) and amended their complaint for a second time on July 15, 2015 to include additional allegations and to drop their claim for negligent misrepresentation. In that complaint, plaintiffs alleged damages of over U.S. $527 million. On February 2, 2016, the court entered a stipulation signed by the parties to dismiss with prejudice claims relating to four of the 55 trusts, leaving 51 trusts at issue. DBNTC filed a motion to dismiss. On March 29, 2016, the court granted in part and denied in part DBNTC’s motion to dismiss. The court allowed the majority of plaintiffs’ breach of contract claims to proceed. The court denied DBNTC’s motion to dismiss breach of fiduciary duty claims. The court granted the motion to dismiss to the extent that negligence claims were duplicative of breach of contract claims but denied the motion to dismiss to the extent plaintiffs alleged DBNTC violated extra-contractual duties. In addition, the court dismissed breach of the implied covenant of good faith and fair dealing claims. The court also denied the motion to dismiss claims for alleged violations of Sections 315(b) and 315(c) of the TIA, but dismissed claims under 316(b). Finally, the court dismissed plaintiffs’ Streit Act claim. Following the court’s decision on the motion to dismiss, 46 trusts remained at issue. On May 13, 2016, DBNTC filed an answer to the amended complaint. On December 20, 2016, the court ordered the parties’ stipulation dismissing plaintiffs’ claims relating to three trusts, leaving 43 trusts at issue. On September 27, 2017, plaintiffs filed a third amended complaint that names DBTCA as a defendant in addition to DBNTC. DBTCA serves as trustee for one of the 43 trusts at issue. DBNTC serves as trustee for the other 42 trusts at issue. Plaintiffs’ third amended complaint brings claims for violation of the TIA; breach of contract; breach of fiduciary duty; negligence and gross negligence; violation of the Streit Act; and breach of the covenant of good faith. However, in the third amended complaint, plaintiffs acknowledge that the court previously dismissed plaintiffs’ TIA Act claims, negligence and gross negligence claims, Streit Act claims, claims for breach of the covenant of good faith, and certain theories of plaintiffs’ breach of contract claims, and plaintiffs only include these claims to preserve any rights on appeal. Plaintiffs allege damages of “hundreds of millions of dollars.” On November 13, 2017, DBNTC and DBTCA filed an answer to the third amended complaint. On December 7, 2018, DBNTC and DBTCA filed a motion for summary judgment. Also on December 7, 2018, plaintiffs, jointly with Commerzbank AG (see description of Commerzbank case below), filed a motion for partial summary judgment. On October 27, 2021, DBNTC and DBTCA filed a supplemental motion for summary judgment relating to plaintiffs’ standing. On February 8, 2022, the court issued an order in which it granted DBNTC and DBTCA’s supplemental motion for summary judgment, granted in part DBNTC and DBTCA’s initial motion for summary judgment, and denied plaintiffs’ motion for partial summary judgment. As a result of that order, all of plaintiffs’ claims were dismissed with prejudice. On April 26, 2023, the United States Court of Appeals for the Second Circuit affirmed the court’s summary judgment order.

On December 2330, ~~2014~~2015, ~~certain~~IKB ~~special~~International, ~~purpose~~S.A. ~~entities~~in ~~including~~Liquidation ~~Phoenix~~and ~~Light~~IKB SFDeutsche ~~Limited~~Industriebank ~~that~~A.G. ~~held~~(collectively, ~~RMBS~~“IKB”), ~~certificates~~as ~~issued~~an byinvestor 21in 37 RMBS trusts, filed a ~~complaint~~summons with notice in the ~~U.S. District~~ Supreme Court ~~for~~of the ~~Southern~~ ~~District~~State of New York, New York County, against DBNTC and DBTCA as ~~trustee~~trustees of the trusts,. On ~~asserting~~May ~~claims~~27, ~~for~~2016, ~~violation~~IKB ofserved ~~the~~its ~~TIA~~complaint ~~and~~asserting ~~the~~claims ~~Streit~~for ~~Act,~~ breach of contract, breach of fiduciary duty, ~~negligence,~~breach ~~gross~~of ~~negligence,~~duty ~~and~~to ~~negligent~~avoid ~~misrepresentation,~~conflicts ~~based~~of oninterest, ~~DBNTC’s~~violation ~~alleged~~of ~~failure~~the toStreit ~~perform~~Act, ~~its~~violation ~~duties~~of ~~as trustee for~~ the ~~trusts. On April 10~~TIA, ~~2015,~~violation ~~plaintiffs filed an amended complaint relating to an additional 34 trusts (for a total~~ of 55Regulation ~~trusts)~~AB, and ~~amended~~violation ~~their~~of ~~complaint~~Section ~~for~~9 aof ~~second~~the ~~time~~Uniform ~~on July~~Commercial ~~15,~~Code. IKB ~~2015~~alleges tothat ~~include~~DBNTC ~~additional allegations~~ and toDBTCA ~~drop~~are ~~their~~liable ~~claim~~ for ~~negligent misrepresentation. In that complaint, plaintiffs alleged damages of~~ over U.S. $~~527~~268 million in damages. On ~~February~~October 25, 2016, ~~the~~DBNTC ~~court~~and ~~entered~~DBTCA, atogether ~~stipulation signed by the parties to dismiss~~ with ~~prejudice~~several ~~claims~~other ~~relating~~trustees todefending ~~four~~lawsuits ofby ~~the 55 trusts~~IKB, ~~leaving 51 trusts at issue. DBNTC~~ filed a joint motion to dismiss. On ~~March~~January 296, ~~2016,~~2017 ~~the~~and ~~court~~June ~~granted~~20, in2017, ~~part~~IKB ~~and~~voluntarily ~~denied~~dismissed inwith ~~part~~prejudice ~~DBNTC’s~~all ~~motion~~claims as to ~~dismiss~~seven trusts. ~~The~~On ~~court~~January ~~allowed~~27, 2021, the ~~majority~~court ofgranted ~~plaintiffs’~~in ~~breach~~part ofand ~~contract~~denied ~~claims~~in topart ~~proceed. The~~DBNTC ~~court~~and ~~denied DBNTC~~DBTCA’s motion to dismiss ~~breach of fiduciary duty claims~~. The court granted the motion to dismiss towith ~~the~~respect ~~extent~~to ~~that~~IKB’s ~~negligence~~ claims ~~were~~for ~~duplicative~~violations of ~~breach of~~the ~~contract~~Streit ~~claims~~Act, ~~but~~Regulation ~~denied~~AB, ~~the~~and ~~motion~~Section to9 ~~dismiss~~of to the ~~extent~~Uniform ~~plaintiffs~~Commercial Code, ~~alleged~~as ~~DBNTC~~well ~~violated~~as ~~extra-contractual~~certain ~~duties. In~~aspects ~~addition,~~of ~~the~~IKB’s ~~court~~claims ~~dismissed~~for breach of ~~the~~contract, ~~implied~~breach ~~covenant~~ of ~~good~~fiduciary ~~faith~~duty, and ~~fair~~violation ~~dealing~~of ~~claims~~the TIA. The court ~~also~~ denied the remainder of the motion to dismiss. IKB’s remaining claims for ~~alleged~~breach ~~violations~~ of ~~Sections~~contract, ~~315(b)~~breach ~~and 315(c)~~ of fiduciary ~~the TIA~~duty, ~~but~~breach ~~dismissed~~of ~~claims~~duty ~~under~~to ~~316(b). Finally,~~avoid ~~the~~conflicts ~~court~~of ~~dismissed~~interest, ~~plaintiffs’~~and ~~Streit~~violation ~~Act~~of ~~claim. Following~~ the ~~court’s~~TIA ~~decision~~will ~~on the motion to dismiss, 46 trusts remained at issue~~proceed. On May 1310, ~~2016~~2021, DBNTC and DBTCA filed ana ~~answer~~notice toof appeal with the ~~amended~~New ~~complaint. On~~York ~~December~~Supreme 20Court Appellate Division, ~~2016~~First Department, ~~the~~regarding ~~court~~certain aspects ~~ordered~~of the ~~parties~~court’s ~~stipulation~~order ~~dismissing~~on ~~plaintiffs’~~the ~~claims~~motion ~~relating~~ to ~~three trusts, leaving 43 trusts at issue~~dismiss. On ~~September~~May 2720, ~~2017~~2021, ~~plaintiffs~~IKB filed a ~~third~~notice ~~amended~~of ~~complaint~~cross ~~that~~appeal ~~names~~with ~~DBTCA~~respect asto aother ~~defendant~~aspects inof ~~addition~~that ~~to DBNTC~~order. ~~DBTCA~~On ~~serves~~August as30, ~~trustee~~2022, ~~for one of~~ the 43New ~~trusts~~York atSupreme ~~issue. DBNTC~~Court, ~~serves~~Appellate asDivision, ~~trustee~~First ~~for~~Department ~~the other 42 trusts at issue.~~ affirmed ~~Plaintiffs’~~in ~~third~~part ~~amended~~and ~~complaint~~reversed ~~brings~~in ~~claims~~part ~~for violation of~~ the ~~TIA;~~court’s ~~breach~~order ofon ~~contract;~~the ~~breach~~motion ofto ~~fiduciary~~dismiss. After ~~duty;~~DBNTC ~~negligence~~ and ~~gross~~DBTCA ~~negligence;~~appealed ~~violation of~~ the ~~Streit~~First ~~Act;~~Department’s ~~and~~decision, ~~breach~~on ofJune ~~the~~15, ~~covenant of good faith. However~~2023, in the ~~third amended~~New ~~complaint,~~York ~~plaintiffs~~Court ~~acknowledge~~of ~~that~~Appeals reversed the ~~court~~First ~~previously dismissed plaintiffs~~Department’s ~~TIA~~decision ~~Act~~in ~~claims~~part, ~~negligence~~dismissing certain ~~and~~additional ~~gross~~contract ~~negligence~~ claims, ~~Streit~~as ~~Act~~well ~~claims,~~as IKB’s claims for breach of ~~the~~fiduciary ~~covenant~~duty ofand ~~good~~breach ~~faith,~~of ~~and~~duty ~~certain~~to ~~theories~~avoid conflicts of ~~plaintiffs’~~ ~~breach~~interest. On ofJune ~~contract~~2, ~~claims~~2021, ~~and~~IKB ~~plaintiffs~~filed ~~only~~a ~~include~~motion ~~these~~for ~~claims~~re-argument toregarding ~~preserve~~certain ~~any~~aspects ~~rights~~of the court’s order on ~~appeal. Plaintiffs~~the motion ~~allege~~to ~~damages~~dismiss, ofwhich ~~“hundreds~~the ofcourt ~~millions~~denied ofon ~~dollars~~August 3, 2021.” On ~~November~~May 13, ~~2017~~2021, DBNTC and DBTCA filed an answer to the ~~third amended~~ complaint. On ~~December~~October 728, ~~2018~~2021, ~~DBNTC~~the ~~and~~parties ~~DBTCA~~ filed a ~~motion for summary judgment. Also on December 7~~stipulation, ~~2018,~~voluntarily ~~plaintiffs,~~dismissing ~~jointly~~ with ~~Commerzbank~~prejudice AGall ~~(see~~claims ~~description~~as ofto ~~Commerzbank case below), filed a motion for partial summary~~seven ~~judgment~~additional trusts. On ~~October~~December 2729, 2021, ~~DBNTC~~the ~~and~~parties ~~DBTCA~~ filed a ~~supplemental~~stipulation, ~~motion~~voluntarily ~~for~~dismissing ~~summary~~with ~~judgment~~prejudice ~~relating~~all claims as to ~~plaintiffs’~~one ~~standing~~additional trust. On ~~February~~April 822, 2022, the ~~court~~parties ~~issued~~filed ana ~~order~~stipulation, involuntarily ~~which~~dismissing itwith ~~granted~~prejudice ~~DBNTC~~all claims ~~and~~as ~~DBTCA’s~~to ~~supplemental~~17 ~~motion~~certificates ~~for~~at ~~summary judgment~~issue, ~~granted~~including inall ~~part~~claims ~~DBNTC~~as ~~and~~to ~~DBTCA’s~~5 ~~initial~~trusts. On ~~motion~~February ~~for~~28, ~~summary judgment~~2023, ~~and~~the ~~denied~~parties ~~plaintiffs’~~filed ~~motion~~a ~~for~~stipulation, ~~partial~~voluntarily ~~summary~~dismissing ~~judgment. As~~with aprejudice ~~result~~all ofclaims ~~that~~as ~~order,~~to ~~all~~two oftrusts, ~~plaintiffs’~~leaving ~~claims~~15 ~~were~~trusts ~~dismissed~~at ~~with prejudice~~issue. On ~~March~~November 1021, ~~2022,~~ ~~plaintiffs~~2023, ~~filed a notice of appeal to~~ the ~~United~~parties ~~States~~filed ~~Court~~a ofstipulation, ~~Appeals~~voluntarily ~~for~~dismissing ~~the~~with ~~Second~~prejudice ~~Circuit~~all ~~with~~claims ~~respect~~as to ~~the~~three ~~court’s~~trusts, ~~orders~~leaving on12 ~~the~~trusts ~~motions~~at toissue. Discovery ~~dismiss~~is ~~and for summary judgment~~ongoing.

OnIt ~~December~~is 30, 2015, IKB International, S.A. in Liquidation and IKB Deutsche Industriebank A.G. (collectively, “IKB”), as an investor in 37 RMBS trusts, filed a summons with notice in the Supreme Court of the State of New York, New York County, against DBNTC and DBTCA as trustees of the trusts. On May 27, 2016, IKB served its complaint asserting claims for breach of contract, breach of fiduciary duty, breach of duty to avoid conflicts of interest, violation of the Streit Act, violation of the TIA, violation of Regulation AB, and violation of Section 9 of the Uniform Commercial Code. IKB alleges that DBNTC and DBTCA are liable for over U.S. $268 million in damages. On October 5, 2016, DBNTC and DBTCA, together with several other trustees defending lawsuits by IKB, filed a joint motion to dismiss. On January 6, 2017, IKB filed a notice of discontinuance, voluntarily dismissing with prejudice all claims as to three trusts. On June 20, 2017, the parties filed a stipulation, voluntarily dismissing with prejudice all claims as to four additional trusts. On January 27, 2021, the court granted in part and denied in part DBNTC and DBTCA’s ~~motion to dismiss. The court granted the motion to dismiss with respect to IKB’s claims for violations of the Streit Act, Regulation AB,~~ and Section 9 of the Uniform Commercial Code, as well as certain aspects of IKB’s claims for breach of contract, breach of fiduciary duty, and violation of the TIA. The court denied the remainder of the motion to dismiss. IKB’s remaining claims for breach of contract, breach of fiduciary duty, breach of duty to avoid conflicts of interest, and violation of the TIA will proceed. On May 10, 2021, DBNTC ~~and DBTCA filed a notice of appeal with the New York Supreme Court Appellate Division, First Department, regarding certain aspects of the court~~’s ~~order~~belief ~~on the motion to dismiss. On May 20, 2021, IKB filed a notice of cross appeal with respect to other aspects of~~ that ~~order.~~they Onhave ~~August~~no ~~30,~~pending ~~2022,~~legal ~~the New York Supreme Court~~proceedings, ~~Appellate Division~~including, ~~First~~based ~~Department affirmed in part and reversed in part the court’s order~~ on ~~the motion to dismiss. On September 30, 2022, IKB filed a motion for reargument or for leave to appeal to the Court of Appeals as to certain aspects of the First Department~~DBTCA’s ~~decision. On September 30, 2022, DBNTC~~ and ~~DBTCA filed a motion for leave to appeal to the Court of Appeals as to other aspects of that decision. On November 10, 2022, the First Department granted~~ DBNTC ~~and DBTCA~~’s ~~motion~~present ~~for leave to appeal to the Court of Appeals~~evaluation, ~~denied IKB’s motion for reargument, and denied as moot IKB’s motion for leave to appeal to~~ the ~~Court~~litigation ofdisclosed ~~Appeals. On~~in ~~June 2, 2021, IKB filed a motion for re-argument regarding certain aspects of~~ the ~~court’s~~immediately ~~order~~preceding ~~on the motion to dismiss, which the court denied on August 3, 2021. On May 13, 2021, DBNTC and DBTCA filed an answer to the complaint. On October 28,~~two ~~2021,~~paragraphs ~~the~~that ~~parties~~would ~~filed~~materially aaffect ~~stipulation,~~their ~~voluntarily~~ability ~~dismissing with prejudice all claims as~~ to ~~seven~~perform ~~additional~~their ~~trusts.~~duties Onunder ~~December 29, 2021,~~ the ~~parties~~Indenture ~~filed~~for athis ~~stipulation, voluntarily dismissing with prejudice all claims as to one additional trust~~transaction. On April 22, 2022, the parties filed a stipulation, voluntarily dismissing with prejudice all claims as to 17 certificates at issue (including all claims as to 5 trusts), leaving 17 trusts at issue. Discovery is ongoing.

It is DBTCA’s and DBNTC’s belief that they have no pending legal proceedings, including, based on DBTCA’s and DBNTC’s current evaluation, the litigation disclosed in the immediately preceding three paragraphs that would materially affect their ability to perform their duties as Trustee under the Indenture for this transaction.

PART II

The following Items have been omitted in accordance with General Instruction J to Form 10-K:

Item 5.

Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

Item 7.

Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Item 7A.

Quantitative and Qualitative Disclosures About Market Risk.

Item 8.

Financial Statements and Supplementary Data.

Item 9.

Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.

Item 9A.

Controls and Procedures.

Item 9B.

Other Information.

Nothing to report.

Item 9C.

Disclosure Regarding Foreign Jurisdictions that Prevent Inspections.

Not applicable.

PART III

The following Items have been omitted in accordance with General Instruction J to Form 10-K:

Item 10.

Directors, Executive Officers and Corporate Governance.

Item 11.

Executive Compensation.

Item 12.

Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

Item 13.

Certain Relationships and Related Transactions, and Director Independence.

Item 14.

Principal Accountant Fees and Services.

The following substitute information is provided in accordance with General Instruction J to Form 10-K:

Item 1119 of Regulation AB. Affiliations and Certain Relationships and Related Transactions.

Information required by Item 1119 of Regulation AB has been omitted from this report on Form 10-K in reliance on the Instruction to Item 1119.

Item 1122 of Regulation AB. Compliance with Applicable Servicing Criteria.

The reports required by Item 1122(a) and (b) of, or relating to, all parties determined by the registrant to be participating in the servicing function with respect to the issuing entity are attached to this Form 10-K as Exhibits 33.1, 33.2, 34.1 and 34.2.

Item 1123 of Regulation AB. Servicer Compliance Statement.

The statements required by Item 1123 are attached to this Form 10-K as Exhibits 35.1 and 35.2.

PART IV

Item 15.

Exhibit and Financial Statement Schedules.

(a)

The following documents are filed as part of this report:

Not applicable.

See Item 15(b) below.

(b)

Exhibits Required by Item 601 of Regulation S-K.

Exhibit Number		Description
3.1		Articles of Incorporation of SLC Student Loan Receivables I, Inc. (the “Depositor”), incorporated by reference to Exhibit 3.1 to Amendment No. 1 to Registration Statement on Form S-3 filed by the registrant on March 17, 2010 (File No. 333-164557).
3.2		By-Laws of the Depositor, incorporated by reference to Exhibit 3.2 to Amendment No. 1 to Registration Statement on Form S-3 filed by the registrant on March 17, 2010 (File No. 333-164557).
4.1		Indenture, dated as of July 6, 2010, among SLC Student Loan Trust 2010-1 (the “Trust”), Deutsche Bank Trust Company Americas (as successor to Citibank, N.A.), as eligible lender trustee (the “Eligible Lender Trustee”), Deutsche Bank National Trust Company (as successor to Deutsche Bank Trust Company Americas (which itself was successor to Citibank, N.A.)) as indenture administrator (in such capacity, the “Indenture Administrator”), and Deutsche Bank National Trust Company (as successor to Deutsche Bank Trust Company Americas (which itself was successor to U.S. Bank National Association)) as indenture trustee (in such capacity, the “Indenture Trustee”), incorporated by reference to Exhibit 4.1 of the Current Report on Form 8-K filed by the Trust on July 6, 2010 (File No. 333-164557-01).
4.3		Amended and Restated Trust Agreement, dated as of July 6, 2010, between the Depositor and Wilmington Trust Company, as owner trustee, incorporated by reference to Exhibit 4.3 of the Current Report on Form 8-K filed by the Trust on July 6, 2010 (File No. 333-164557-01).
4.4		Eligible Lender Trust Agreement, dated as of July 6, 2010, between the Depositor and the Eligible Lender Trustee, incorporated by reference to Exhibit 4.4 of the Current Report on Form 8-K filed by the Trust on July 6, 2010 (File No. 333-164557-01).
4.5		Eligible Lender Trust Agreement, dated as of July 6, 2010, between the Trust and the Eligible Lender Trustee, incorporated by reference to Exhibit 4.5 of the Current Report on Form 8-K filed by the Trust on July 6, 2010 (File No. 333-164557-01).
31*		Certification Pursuant to Section 302(a) of the Sarbanes-Oxley Act of 2002.
33.1*		Assertion on Compliance with Regulation AB Criteria of Deutsche Bank National Trust Company, for the year ended December 31, ~~2022~~2023.
33.2*		Assertion on Compliance with Regulation AB Criteria of Navient Solutions, LLC (formerly, Navient Solutions, Inc.), as Successor Subservicer, for the year ended December 31, ~~2022~~2023.
34.1*		Report of Independent Registered Public Accounting Firm of Ernst & Young LLP relating to Exhibit 33.1.
34.2*		Report of Independent Registered Public Accounting Firm of KPMG LLP relating to Exhibit 33.2.
35.1*		Servicer Compliance Statement of The Student Loan Corporation, as Servicer, for the year ended December 31, ~~2022~~2023.
35.2*		Servicer Compliance Statement of Navient Solutions, LLC (formerly, Navient Solutions, Inc.), as Successor Subservicer, for the year ended December 31, ~~2022~~2023.

99.1		Master Terms Purchase Agreement, dated as of July 6, 2010, between The Student Loan Corporation, as seller, the Depositor, as purchaser, and the Eligible Lender Trustee on behalf of the Student Loan Corporation and the Depositor, incorporated by reference to Exhibit 99.1 of the Current Report on Form 8-K filed by the Trust on July 6, 2010 (File No. 333-164557-01).

99.2		Master Terms Sale Agreement, dated as of July 6, 2010, between the Depositor, as seller, the Trust, as purchaser, and the Eligible Lender Trustee on behalf of the Depositor and the Trust, incorporated by reference to Exhibit 99.2 of the Current Report on Form 8-K filed by the Trust on July 6, 2010 (File No. 333-164557-01).

99.3		Servicing Agreement, dated as of July 6, 2010, between the Trust and The Student Loan Corporation, as servicer (in such capacity, the “Servicer”), incorporated by reference to Exhibit 99.3 of the Current Report on Form 8-K filed by the Trust on July 6, 2010 (File No. 333-164557-01).

99.4		Subservicing Agreement, dated as of July 6, 2010, between the Servicer and Citibank (South Dakota), National Association, as subservicer (the “Subservicer”), incorporated by reference to Exhibit 99.4 of the Current Report on Form 8-K filed by the Trust on July 6, 2010 (File No. 333-164557-01).

99.5		Administration Agreement, dated as of July 6, 2010, between the Trust and The Student Loan Corporation, as administrator (in such capacity, the “Administrator”), incorporated by reference to Exhibit 99.5 of the Current Report on Form 8-K filed by the Trust on July 6, 2010 (File No. 333-164557-01).

99.6		Custody Agreement, dated as of July 6, 2010, among the Trust, the Eligible Lender Trustee, the Indenture Trustee and Citibank (South Dakota), National Association, as custodian, incorporated by reference to Exhibit 99.6 of the Current Report on Form 8-K filed by the Trust on July 6, 2010 (File No. 333-164557-01).

99.7		SLC Student Loan Trust 2010-1 Subservicing Agreement, dated as of December 31, 2010, between the Servicer and Navient Solutions, LLC (formerly, Navient Solutions, Inc. and, formerly, Sallie Mae, Inc.) (the “Successor Servicer”), and as acknowledged and agreed to by the Subservicer, the Indenture Trustee, the Administrator, the Depositor, the Eligible Lender Trustee and the Indenture Administrator, incorporated by reference to Exhibit 10 of the Current Report on Form 8-K filed by the Trust on January 5, 2011 (File No. 333-164557-01).

* Filed herewith

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	SLC STUDENT LOAN RECEIVABLES I, INC.
Dated: March 31, 2023	By:	/s/ Charles Jacques
Dated: March 28, 2024	By:	/s/ Charles Jacques
		Name:	Charles Jacques
		Title:	President
		(senior officer in charge of securitization of the depositor)

SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION 15(d) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO SECTION 12 OF THE ACT.

No annual report to security holders, proxy statement, form of proxy or other proxy soliciting material has been sent to security holders or is anticipated to be furnished to security holders subsequent to the filing of this annual report on Form 10-K.

Filing Compare · SLC Student Loan Trust 2010-1