New York, April 02, 2014 -- Moody's announced today that the proposed change of the servicer from Iowa Student Loan Liquidity Corporation (ISL), a non-profit corporation, to Aspire Resources, Inc, ISL's wholly owned for-profit corporation, pursuant to the execution of a Assignment of Servicing Obligations and Fourth Amendment to the Back-up Third Party Servicing Agreement, would not, in and of itself and at this time, result in the reduction or withdrawal of the outstanding ratings assigned to the notes issued from the Iowa Student Loan Liquidity Corporation (2005 Indenture) or the Iowa Student Loan Liquidity Corporation (2009 Indenture).

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