Fitch to Rate Knowledge Works Foundation Series 2010; Presale Issued

NEW YORK--()--Fitch Ratings expects to rate Knowledge Works Foundation (KWF) series 2010 as follows:

--$82,588,000 class A student loan backed bonds 'AAA'.

Fitch's stress analysis is discussed in the presale titled KWF Series 2010 dated Sept. 3, 2010.

Additional information is available at www.fitchratings.com. The ratings above have been initiated by Fitch as a service to investors. The issuer did not participate in the rating process other than through the medium of its public disclosure.

Related Research:

--Global Structured Finance Rating Criteria, Aug. 16, 2010;
--Rating U.S. Federal Family Education Loan Program Student Loan ABS Criteria, dated April 11, 2008.

Related Research: KnowledgeWorks Foundation Series 2010
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=550925

Global Structured Finance Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=547326
Rating US Federal Family Education Loan Program Student Loan ABS Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=382306

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Fitch Ratings
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