Exhibit 99.1

I. SLC TRUST 2006-01			Deal Parameters

		Student Portfolio Characteristics		08/31/2006	Activity	11/30/2006
A	i	Portfolio Balance		$2,117,059,721.87	$63,112,998.20	$2,053,946,723.67
	ii	Interest to be Capitalized		$ 9,412,391.84		$ 8,431,794.76
	iii	Total Pool		$2,126,472,113.71		$2,062,378,518.43
	iv	Specified Reserve Account Balance		$ 5,316,180.28		$ 5,155,946.30
	v	Capitalized Interest Account Balance		$ 43,000,000.00		$ 43,000,000.00
	vi	Total Adjusted Pool		$2,174,788,293.99		$2,110,534,464.73


B	i	Pool Balance as a Percent of Original Pool Balance		96.24%		93.34%
	ii	Weighted Average Coupon (WAC)		3.505%		3.509%
	iii	Weighted Average Remaining Term		257.10		255.42
	iv	Number of Loans		145,577		142,053
	v	Number of Borrowers		87,291		85,188
	vi	Average Outstanding Principal Balance				$2,085,503,222.77

					Balance	Pool Factor	Balance	Pool Factor
		Notes	CUSIP	Spread	09/15/2006	09/15/2006	12/15/2006	12/15/2006
C	i	A1 Notes	784427AA4	-0.030%	$ 127,916,734.22	0.6732459696	$ 56,257,096.31	0.2960899806
	ii	A2 Notes	784427AB2	0.000%	$ 418,000,000.00	1.0000000000	$ 418,000,000.00	1.0000000000
	iii	A3 Notes	784427AC0	0.030%	$ 221,000,000.00	1.0000000000	$ 221,000,000.00	1.0000000000
	iv	A4 Notes	784427AD8	0.080%	$ 451,000,000.00	1.0000000000	$ 451,000,000.00	1.0000000000
	v	A5 Notes	784427AE6	0.110%	$ 442,000,000.00	1.0000000000	$ 442,000,000.00	1.0000000000
	vi	A6 Notes	784427AF3	0.160%	$ 463,000,000.00	1.0000000000	$ 463,000,000.00	1.0000000000
	vii	B Notes	784427AG1	0.210%	$ 67,500,000.00	1.0000000000	$ 67,500,000.00	1.0000000000
		Total Notes			$2,190,416,734.22		$2,118,757,096.31
		Parity			99.29%		99.61%

		Reserve Account	09/15/2006	Activity	12/15/2006
D	i	Required Reserve Acc Deposit (%)	0.25%		0.25%
	ii	Reserve Acct Initial Deposit ($)	$ 5,521,300.00	$ -	$ 5,521,300.00
	iii	Specified Reserve Acct Balance ($)	$ 5,316,180.28	$ (160,233.98)	$ 5,155,946.30
	iv	Reserve Account Floor Balance ($)	$ 3,312,780.00	$ -	$ 3,312,780.00
	v	Current Reserve Acct Balance ($)	$ 5,316,180.28	$ (160,233.98)	$ 5,155,946.30

		Capitalized Interest Account	09/15/2006	Activity	12/15/2006
E	i	Capitalized Interest Account Balance	$43,000,000.00	$ -	$43,000,000.00

II. SLC TRUST 2006-01			Distributions

	Interest
			Quarterly	Quarterly		Interest	Interest
	Class	CUSIP	Interest	Interest	Interest	Carryover	Carryover	Interest
			Due	Paid	Shortfall	Due	Paid	Carryover
	A1	784427AA4	$ 1,733,129.62	$ 1,733,129.62	$ -	$ -	$ -	$ -
	A2	784427AB2	$ 5,695,133.89	$ 5,695,133.89	$ -	$ -	$ -	$ -
	A3	784427AC0	$ 3,027,822.78	$ 3,027,822.78	$ -	$ -	$ -	$ -
	A4	784427AD8	$ 6,235,951.94	$ 6,235,951.94	$ -	$ -	$ -	$ -
	A5	784427AE6	$ 6,145,027.78	$ 6,145,027.78	$ -	$ -	$ -	$ -
	A6	784427AF3	$ 6,495,504.17	$ 6,495,504.17	$ -	$ -	$ -	$ -
	B	784427AG1	$ 955,500.00	$ 955,500.00	$ -	$ -	$ -	$ -
	TOTAL		$ 30,288,070.18	$ 30,288,070.18	$ -	$ -	$ -	$ -



Class	Interest	Rate	Next
	Factor		Rate
A1	9.1217348421	5.36000%	5.33000%
A2	13.6247222249	5.39000%	5.36000%
A3	13.7005555656	5.42000%	5.39000%
A4	13.8269444346	5.47000%	5.44000%
A5	13.9027777828	5.50000%	5.47000%
A6	14.0291666739	5.55000%	5.52000%
B	14.1555555556	5.60000%	5.57000%

CUR LIBOR 5.390000%

NEXT LIBOR 5.360000%

Principal
		Quarterly	Quarterly	Quarterly
Class	CUSIP	Principal	Principal	Principal	Principal
		Due	Paid	Shortfall	Factor
A1	784427AA4	$ 79,882,269.49	$ 71,659,637.91	$ 8,222,631.58	377.1559890000
A2	784427AB2	$ -	$ -	$ -	0.0000000000
A3	784427AC0	$ -	$ -	$ -	0.0000000000
A4	784427AD8	$ -	$ -	$ -	0.0000000000
A5	784427AE6	$ -	$ -	$ -	0.0000000000
A6	784427AF3	$ -	$ -	$ -	0.0000000000
B	784427AG1	$ -	$ -	$ -	0.0000000000
TOTAL		$ 79,882,269.49	$ 71,659,637.91	$ 8,222,631.58

III. SLC TRUST 2006-01			Transactions from: 09/01/2006 through: 11/30/2006

A	Student Loan Principal Activity
	i	Regular Principal Collections		$	67,082,651.80
	ii	Principal Collections from Guarantor		$	920,571.93
	iii	Principal Reimbursements		$	-
	iv	Other System Adjustments		$	-
	v	Total Principal Collections		$	68,003,223.73

B	Student Loan Non-Cash Principal Activity
	i	Other Adjustments		$	(990,863.17)
	ii	Capitalized Interest		$	(3,899,362.36)
	iii	Total Non-Cash Principal Activity		^$	(4,890,225.53)


C	Total Student Loan Principal Activity			$	63,112,998.20

D	Student Loan Interest Activity
	i	Regular Interest Collections		$	12,367,322.79
	ii	Interest Claims Received from Guarantors		$	15,759.53
	iii	Collection Fees / Returned Items		$	-
	iv	Late Fee Reimbursements		$	103,790.83
	v	Interest Reimbursements		$	-
	vi	Other System Adjustments		$	-
	vii	Special Allowance Payments		$	24,315,209.36
	viii	Subsidy Payments		$	1,941,073.14
	ix	Total Interest Collections		$	38,743,155.65

E	Student Loan Non-Cash Interest Activity
	i	Interest Accrual Adjustments		$	(15,454,266.93)
	ii	Government Interest Accrual Adjustments		$	(25,072,483.71)
	iii	Capitalized Interest		$	3,899,362.36
	iv	Total Non-Cash Interest Adjustments		$	(36,627,388.28)

F	Total Student Loan Interest Activity			$	2,115,767.37

G	Realized Losses During Collection Period			$	-

H	Cumulative Realized Losses to Date			$	-

IV. SLC TRUST 2006-01			Collection Account Activity 09/01/2006 through 11/30/2006

A	Principal Collections
	i	Principal Payments Received		$ 19,024,220.48
	ii	Principal Collections from Guarantor		$ 920,571.93
	iii	Consolidation Principal Payments		$ 48,058,431.32
	iv	Reimbursements by Seller		$ -
	v	Borrower Benefits Reimbursements		$ -
	vi	Reimbursements by Servicer		$ -
	vii	Re-purchased Principal		$ -
	viii	Total Principal Collections		$ 68,003,223.73

B	Interest Collections
	i	Interest Payments Received		$ 38,199,607.67
	ii	Interest Claims Received from Guarantors		$ 15,759.53
	iii	Consolidation Interest Payments		$ 423,997.62
	iv	Reimbursements by Seller		$ -
	v	Borrower Benefits Reimbursements		$ -
	vi	Reimbursements by Servicer		$ -
	vii	Re-purchased Interest		$ -
	viii	Collection Fees / Returned Items		$ -
	ix	Late Fees		$ 103,790.83
	x	Total Interest Collections		$ 38,743,155.65

C	Other Reimbursements			$ -

D	Reserves in Excess of Reserve Requirement			$ 160,233.98

E	Interest Rate Cap Proceeds			$ -

F	Trust Account Investment Income			$ 1,389,444.46

G	Administrator Account Investment Income			$ -

	TOTAL FUNDS RECEIVED			$ 108,296,057.82
	LESS FUNDS PREVIOUSLY REMITTED/SET ASIDE:
	i	Consolidation Loan Rebate Fees		$ 3,732,219.13


H	TOTAL AVAILABLE FUNDS			$ 104,563,838.69

I	Servicing Fees Due for Current Period			$ 2,616,130.60

J	Carryover Servicing Fees Due			$ -

K	Total Fees Due for Period			$ 2,616,130.60

V. SLC TRUST 2006-01		Waterfall for Distributions

A	Total Available Funds (IV-H)		$	104,563,838.69

B	Trustee Fees		$	-

C	Primary Servicing Fees		$	2,616,130.60

D	Noteholders' Interest Distribution Amount Paid
	i	Class A-1	$	1,733,129.62
	ii	Class A-2	$	5,695,133.89
	iii	Class A-3	$	3,027,822.78
	iv	Class A-4	$	6,235,951.94
	v	Class A-5	$	6,145,027.78
	vi	Class A-6	$	6,495,504.17
	vii	Class B	$	955,500.00
	viii	Total Noteholder's Interest Distribution	$	30,288,070.18

E	Noteholder's Principal Distribution Amount Paid
	i	Class A-1	$	71,659,637.91
	ii	Class A-2	$	-
	iii	Class A-3	$	-
	iv	Class A-4	$	-
	v	Class A-5	$	-
	vi	Class A-6	$	-
	vii	Class B	$	-
	viii	Total Noteholder's Principal Distribution	$	71,659,637.91

F	Increase to the Reserve Account Balance		$	-

G	Carryover Servicing Fees		$	-

H	Noteholder's Interest Carryover
	i	Class A-1	$	-
	ii	Class A-2	$	-
	iii	Class A-3	$	-
	iv	Class A-4	$	-
	v	Class A-5	$	-
	vi	Class A-6	$	-
	vii	Class B	$	-
	viii	Total Noteholder's Interest Carryover	$	-

I	Excess Distribution Release to Trust Certificateholders		$	-

J	Draw from Capitalized Interest Account		$	-

VI. SLC TRUST 2006-01		Historical Pool Information

			06/28/06-08/31/06		09/01/06-11/30/06
Student Loan Interest Activity
i	Regular Interest Collections	$	9,211,621.65	$	12,367,322.79
ii	Interest Claims Received from Guarantors	$	2,336.89	$	15,759.53
iii	Collection Fees / Returned Items	$	-	$	-
iv	Late Fee Reimbursements	$	75,723.22	$	103,790.83
v	Interest Reimbursements	$	-	$	-
vi	Other System Adjustments	$	-	$	-
vii	Special Allowance Payments	$	783,074.61	$	24,315,209.36
viii	Subsidy Payments	$	71,346.49	$	1,941,073.14
ix	Total Interest Collections	$	10,144,102.86	$	38,743,155.65

Student Loan Non-Cash Interest Activity
i	Interest Accrual Adjustments	$	(11,646,704.15)	$	(15,454,266.93)
ii	Government Interest Accrual Adjustments	$	(18,629,169.31)	$	(25,072,483.71)
iii	Capitalized Interest	$	2,274,925.44	$	3,899,362.36
iv	Total Non-Cash Interest Adjustments	$	(28,000,948.02)	$	(36,627,388.28)
	Total Student Loan Interest Activity	$	(17,856,845.16)	$	2,115,767.37

Beginning Student Loan Portfolio Balance		$	2,200,232,651.62	$	2,117,059,721.87

Student Loan Principal Activity
i	Regular Principal Collections	$	85,565,870.65	$	67,082,651.80
ii	Principal Collections from Guarantor	$	244,812.27	$	920,571.93
iii	Principal Reimbursements	$	-	$	-
iv	Other System Adjustments	$	-	$	-
v	Total Principal Collections	$	85,810,682.92	$	68,003,223.73

Student Loan Non-Cash Principal Activity
i	Other Adjustments	$	(362,827.73)	$	(990,863.17)
ii	Capitalized Interest	$	(2,274,925.44)	$	(3,899,362.36)
iii	Total Non-Cash Principal Activity	$	(2,637,753.17)	$	(4,890,225.53)

(-) Total Student Loan Principal Activity		$	83,172,929.75	$	63,112,998.20

(=) Ending Student Loan Portfolio Balance		$	2,117,059,721.87	$	2,053,946,723.67

(+) Interest to be Capitalized		$	9,412,391.84	$	8,431,794.76

(=) TOTAL POOL		$	2,126,472,113.71	$	2,062,378,518.43

(+) Reserve Account Balance		$	5,316,180.28	$	5,155,946.30

(+) Capitalized Interest Account Balance		$	43,000,000.00	$	43,000,000.00

(=) Total Adjusted Pool		$	2,174,788,293.99	$	2,110,534,464.73

VII. SLC TRUST 2006-01			Portfolio Characteristics
		Weighted Avg Coupon
	STATUS	08/31/2006	11/30/2006
	REPAYMENT

	Current	3.477%	3.475%
	1-30 Days Delinquent	3.619%	3.695%
	31-60 Days Delinquent	3.668%	3.801%
	61-90 Days Delinquent	3.913%	3.758%
	91-120 Days Delinquent	4.085%	3.737%
	121-150 Days Delinquent	4.014%	3.663%
	151-180 Days Delinquent	3.858%	4.020%
	181-210 Days Delinquent	4.105%	4.351%
	211-240 Days Delinquent	3.789%	4.050%
	241-270 Days Delinquent	4.171%	4.050%
	> 270 Days Delinquent	3.952%	3.878%
	TOTAL REPAYMENT	3.504%	3.513%
	Deferment	3.352%	3.377%
	Forberance	3.843%	3.769%
	Claims in Process	4.445%	3.947%
	Aged Claims Rejected	0.000%	0.000%
	GRAND TOTAL	3.505%	3.509%

		# of Loans		%
	STATUS	08/31/2006	11/30/2006	08/31/2006	11/30/2006
	REPAYMENT

	Current	96,033	93,325	65.967%	65.697%
	1-30 Days Delinquent	7,202	8,171	4.947%	5.752%
	31-60 Days Delinquent	1,672	2,346	1.149%	1.651%
	61-90 Days Delinquent	970	1,065	0.666%	0.750%
	91-120 Days Delinquent	473	495	0.325%	0.348%
	121-150 Days Delinquent	538	373	0.370%	0.263%
	151-180 Days Delinquent	495	251	0.340%	0.177%
	181-210 Days Delinquent	290	224	0.199%	0.158%
	211-240 Days Delinquent	257	270	0.177%	0.190%
	241-270 Days Delinquent	208	264	0.143%	0.186%
	> 270 Days Delinquent	49	205	0.034%	0.144%
	TOTAL REPAYMENT	108,187	106,989	74.316%	75.316%
	Deferment	27,698	26,399	19.026%	18.584%
	Forbearance	9,673	8,427	6.645%	5.932%
	Claims in Process	19	238	0.013%	0.168%
	Aged Claims Rejected	0	0	0.000%	0.000%
	GRAND TOTAL	145,577	142,053	100.000%	100.000%



		Pool Balance		%
	STATUS	08/31/2006	11/30/2006	08/31/2006	11/30/2006
	REPAYMENT

	Current	$1,287,045,877.51	$1,251,003,434.64	60.525%	60.658%
	1-30 Days Delinquent	$ 99,028,131.80	$ 119,163,380.12	4.657%	5.778%
	31-60 Days Delinquent	$ 23,711,903.16	$ 35,918,485.40	1.115%	1.742%
	61-90 Days Delinquent	$ 13,107,695.52	$ 16,069,595.76	0.616%	0.779%
	91-120 Days Delinquent	$ 6,219,857.51	$ 6,586,018.42	0.292%	0.319%
	121-150 Days Delinquent	$ 6,863,169.95	$ 4,652,637.61	0.314%	0.226%
	151-180 Days Delinquent	$ 6,227,380.56	$ 2,970,721.62	0.293%	0.144%
	181-210 Days Delinquent	$ 3,593,177.56	$ 2,599,774.77	0.169%	^0.126%
	211-240 Days Delinquent	$ 3,389,286.20	$ 3,446,634.50	0.159%	0.167%
	241-270 Days Delinquent	$ 3,232,707.19	$ 3,297,314.85	0.152%	0.160%
	> 270 Days Delinquent	$ 799,912.25	$ 2,712,531.11	0.038%	0.132%
	TOTAL REPAYMENT	$1,453,039,099.21	$1,448,420,528.80	68.331%	70.231%
	Deferment	$ 459,094,317.55	$ 423,720,210.93	21.589%	20.545%
	Forbearance	$ 214,115,222.06	$ 187,072,937.92	10.069%	9.071%
	Claims in Process	$ 223,474.89	$ 3,164,840.78	0.011%	0.153%
	Aged Claims Rejected	$ 0.00	$ 0.00	0.000%	0.000%
	GRAND TOTAL	$2,126,472,113.71	$2,062,378,518.43	100.000%	100.000%


VIII. SLC TRUST 2006-01 Payment History and CPRs

	Distribution	Total	Current	Life
	Date	Pool Balances	CPR	CPR
	06-Sep	$ 2,126,472,113.71	16.49%	16.49%
	06-Dec	$ 2,062,378,518.43	8.19%	11.70%

SLC Student Loan Trust 2006-1 10-D