SLM Private Credit Student Loan Trust 2006-A

Quarterly Servicing Report


		Distribution Date		09/15/2006
		Collection Period		06/01/2006 - 08/31/2006


SLM Funding LLC	-	*Depositor*
Sallie Mae Inc.	-	*Servicer and Administrator*
J.P. Morgan Chase Bank	-	*Indenture Trustee*
Chase Bank USA, National Association	-	*Trustee*
SLM Investment Corp.	-	*Excess Distribution Certificateholder*

I. 2006-A Deal Parameters


A	Student Loan Portfolio Characteristics		05/31/2006			Activity			08/31/2006

	i	Portfolio Balance		1,905,341,624.61			($16,188,419.48	)	$	1,889,153,205.13
	ii	Interest to be Capitalized		111,734,205.45						138,918,680.89

	iii	Total Pool	$	2,017,075,830.06					$	2,028,071,886.02
	iv	Cash Capitalization Account (CI)		253,225,636.26						253,225,636.26

	v	Asset Balance	$	2,270,301,466.32					$	2,281,297,522.28


	i	Weighted Average Coupon (WAC)		9.676	%					10.188	%
	ii	Weighted Average Remaining Term		200.30						197.99
	iii	Number of Loans		198,657						196,650
	iv	Number of Borrowers		164,194						162,652
	v	Prime Loans Outstanding - Monthly Reset	$	1,829,687,093.87					$	1,842,406,488.50
	vi	Prime Loans Outstanding - Quarterly/Annual Reset	$	161,091,199.26					$	159,068,230.19
	vii	T-bill Loans Outstanding	$	26,183,330.69					$	25,960,641.73
	viii	Fixed Loans Outstanding	$	114,206.24					$	636,525.60
	vix	Pool Factor		1.005250021						1.010730125


							% of					% of
B	Notes		Cusips	Spread	Balance 06/15/2006		O/S Securities *			Balance 09/15/2006		O/S Securities *

	i	A-1 Notes	78443C CE 2	0.020%	$	431,300,000.00		19.243	%	$	426,140,090.30		19.057	%
	ii	A-2 Notes	78443C CF 9	0.080%		207,000,000.00		9.235	%		207,000,000.00		9.257	%
	iii	A-3 Notes	78443C CG 7	0.140%		355,000,000.00		15.839	%		355,000,000.00		15.875	%
	iv	A-4 Notes	78443C CJ 1	0.190%		373,267,000.00		16.654	%		373,267,000.00		16.692	%
	v	A-5 Notes	78443C CL 6	0.290%		700,000,000.00		31.231	%		700,000,000.00		31.303	%
	vi	B Notes	78443C CM 4	0.300%		73,297,000.00		3.270	%		73,297,000.00		3.278	%
	vii	C Notes	78443C CN 2	0.500%		101,488,000.00		4.528	%		101,488,000.00		4.538	%

	viii	Total Notes			$	2,241,352,000.00		100.000	%	$	2,236,192,090.30		100.000	%


C			06/15/2006		09/15/2006

	i	Specified Reserve Account Balance ($)	$	5,000,679.00	$	5,000,679.00
	ii	Reserve Account Balance ($)	$	5,000,679.00	$	5,000,679.00
	iii	Cash Capitalization Acct Balance ($)	$	253,225,636.26	$	253,225,636.26

	iv	Initial Asset Balance	$	2,255,271,599.00	$	2,255,271,599.00
	v	Specified Overcollateralization Amount	$	45,105,431.98	$	45,105,431.98
	vi	Actual Overcollateralization Amount	$	28,949,466.32	$	45,105,431.98

	vii	Has the Stepdown Date Occurred? **	No		No


*		Percentages may not total 100% due to rounding

**		The Stepdown Date is the earlier of the distribution date following the reduction of the Class A Notes to zero and June 15, 2011. At the Stepdown Date, principal payments made on the Class B and Class C Notes may begin to be paid pro-rata with the Class A Notes. See the prospectus for complete information concerning the Stepdown Date


II. 2006-A Transactions from: 06/01/2006 through:				08/31/2006

A	Student Loan Principal Activity
	i	Principal Payments Received	$	29,727,590.13
	ii	Purchases by Servicer (Delinquencies >180)		0.00
	iii	Other Servicer Reimbursements		22.69
	iv	Other Principal Reimbursements		54,584.51

	v	Total Principal Collections	$	29,782,197.33

B	Student Loan Non-Cash Principal Activity
	i	Realized Losses/Loans Charged Off	$	224,810.46
	ii	Capitalized Interest		(11,651,967.15	)
	iii	Capitalized Insurance Fee		(2,178,926.25	)
	iv	Other Adjustments		12,305.09

	v	Total Non-Cash Principal Activity	$	(13,593,777.85	)


C	Total Student Loan Principal Activity		$	16,188,419.48


D	Student Loan Interest Activity
	i	Interest Payments Received	$	8,015,826.94
	ii	Purchases by Servicer (Delinquencies >180)		0.00
	iii	Other Servicer Reimbursements		0.01
	iv	Other Interest Reimbursements		4,690.75
	v	Late Fees		78,968.10
	vi	Collection Fees/Return Items		0.00

	vii	Total Interest Collections	$	8,099,485.80

E	Student Loan Non-Cash Interest Activity
	i	Realized Losses/Loans Charged Off	$	16,658.25
	ii	Capitalized Interest		11,651,967.15
	iii	Other Interest Adjustments		2.52

	iv	Total Non-Cash Interest Adjustments	$	11,668,627.92


F	Total Student Loan Interest Activity		$	19,768,113.72


III. 2006-A Collection Account Activity 06/01/2006 through				08/31/2006

A	Principal Collections
	i	Principal Payments Received	$	20,718,478.72
	ii	Consolidation Principal Payments		9,009,111.41
	iii	Purchases by Servicer (Delinquencies >180)		0.00
	iv	Reimbursements by Seller		(55.68	)
	v	Reimbursements by Servicer		22.69
	vi	Other Re-purchased Principal		54,640.19

	vii	Total Principal Collections	$	29,782,197.33

B	Interest Collections
	i	Interest Payments Received	$	7,764,319.63
	ii	Consolidation Interest Payments		251,507.31
	iii	Purchases by Servicer (Delinquencies >180)		0.00
	iv	Reimbursements by Seller		(25.38	)
	v	Reimbursements by Servicer		0.01
	vi	Other Re-purchased Interest		4,716.13
	vii	Collection Fees/Return Items		0.00
	viii	Late Fees		78,968.10

	ix	Total Interest Collections	$	8,099,485.80

C	Recoveries on Realized Losses		$	3,353.41

D	Funds Borrowed from Next Collection Period		$	991,827.51

E	Funds Repaid from Prior Collection Periods		$	(2,700,000.00	)

F	Investment Income		$	3,525,354.05

G	Borrower Incentive Reimbursements		$	14,548.85

H	Gross Swap Receipt (Monthly Reset)		$	24,919,472.17

I	Gross Swap Receipt (Quarterly Reset)		$	2,193,985.88

J	Other Deposits		$	173,931.86

	TOTAL FUNDS RECEIVED		$	67,004,156.86

	LESS FUNDS PREVIOUSLY REMITTED:

	Servicing Fees to the Servicer		$	(2,223,279.21	)

	AVAILABLE FUNDS PRIOR TO RELEASE FROM CASH CAPITALIZATION ACCOUNT		$	64,780,877.65

K	Amount Released from Cash Capitalizaton Account		$	0.00

L	AVAILABLE FUNDS		$	64,780,877.65

M	Servicing Fees Due for Current Period		$	1,106,666.92

N	Carryover Servicing Fees Due		$	0.00

O	Administration Fees Due		$	20,000.00


P	Total Fees Due for Period		$	1,126,666.92

IV. 2006-A Loss and Recovery Detail


			% of
			Original Pool	05/31/2006		08/31/2006
A	i	Cumulative Realized Losses Test

		April 6, 2006 to June 15, 2011	15%	$	300,040,739.92	$	300,040,739.92
		September 15, 2011 to June 16, 2014	18%
		September 15, 2014 and thereafter	20%

	ii	Cumulative Realized Losses (Net of Recoveries)		$	75,138.34	$	296,595.39

	iii	Is Test Satisfied (ii < i)?		Yes		Yes

B	i	Recoveries on Realized Losses This Collection Period

	ii	Principal Cash Recovered During Collection Period		$	0.00	$	3,231.41
	iii	Interest Cash Recovered During Collection Period		$	0.00	$	107.00
	iv	Late Fees and Collection Costs Recovered During Collection Period		$	0.00	$	15.00

	v	Total Recoveries for Period		$	0.00	$	3,353.41

C	i	Gross Defaults:
	ii	Cumulative Principal Charge Offs plus Principal Purchases by Servicer		$	75,138.34	$	299,948.80
	iii	Cumulative Interest Charge Offs plus Interest Purchases by Servicer			4,389.26		21,047.51

	iv	Total Gross Defaults:		$	79,527.60	$	320,996.31

V. 2006-A Portfolio Characteristics


	Weighted Avg Coupon						# of Loans				%*						Principal Amount				%*
STATUS	05/31/2006			08/31/2006			05/31/2006		08/31/2006		05/31/2006			08/31/2006			05/31/2006		08/31/2006		05/31/2006			08/31/2006

INTERIM:

In School		9.798	%		10.302	%		124,544		114,486		62.693	%		58.218	%	$	1,237,549,559.91	$	1,130,060,993.00		64.952	%		59.818	%

Grace		9.667	%		10.129	%		41,835		36,602		21.059	%		18.613	%		369,159,396.18		366,851,497.13		19.375	%		19.419	%

Deferment		9.258	%		9.971	%		2,455		3,519		1.236	%		1.789	%		20,757,631.41		29,276,007.64		1.089	%		1.550	%


TOTAL INTERIM		9.761	%		10.254	%		168,834		154,607		84.988	%		78.620	%	$	1,627,466,587.50	$	1,526,188,497.77		85.416	%		80.787	%

REPAYMENT
Active
Current		9.039	%		9.716	%		24,754		33,830		12.461	%		17.203	%	$	226,393,797.99	$	284,381,040.80		11.882	%		15.053	%
31-60 Days Delinquent		9.801	%		10.752	%		776		1,835		0.391	%		0.933	%		6,283,785.35		13,956,756.24		0.330	%		0.739	%
61-90 Days Delinquent		10.300	%		11.535	%		241		495		0.121	%		0.252	%		2,031,510.07		3,567,010.36		0.107	%		0.189	%
91-120 Days Delinquent		10.314	%		11.332	%		165		175		0.083	%		0.089	%		1,229,639.32		1,559,185.03		0.065	%		0.083	%
121-150 Days Delinquent		10.381	%		11.736	%		131		103		0.066	%		0.052	%		900,643.60		836,934.48		0.047	%		0.044	%
151-180 Days Delinquent		0.000	%		9.429	%		0		25		0.000	%		0.013	%		0.00		311,244.87		0.000	%		0.016	%
> 180 Days Delinquent		0.000	%		8.778	%		0		4		0.000	%		0.002	%		0.00		9,244.98		0.000	%		0.000	%

Forbearance		9.698	%		10.492	%		3,756		5,576		1.891	%		2.835	%		41,035,660.78		58,343,290.60		2.154	%		3.088	%


TOTAL REPAYMENT		9.173	%		9.910	%		29,823		42,043		15.012	%		21.380	%	$	277,875,037.11	$	362,964,707.36		14.584	%		19.213	%


GRAND TOTAL		9.676	%		10.188	%		198,657		196,650		100.000	%		100.000	%	$	1,905,341,624.61	$	1,889,153,205.13		100.000	%		100.000	%


*		Percentages may not total 100% due to rounding

VI. 2006-A Portfolio Characteristics by Loan Program


LOAN PROGRAM	WAC			# Loans		$ Amount		%
-Signature Loans		10.364	%		180,065	$	1,643,868,678.71		87.016	%
-Law Loans		9.680	%		8,447		112,205,939.55		5.939	%
-Med Loans		8.487	%		3,891		39,660,967.36		2.099	%
-MBA Loans		8.480	%		4,247		93,417,619.51		4.945	%


- Total		10.188	%		196,650	$	1,889,153,205.13		100.000	%


*		Percentages may not total 100% due to rounding

VII. 2006-A Interest Rate Swap Calculations


			Deutsche Bank AG, NY
			Monthly Reset
Swap Payments
i	Notional Swap Amount		$	1,829,687,094
	- Aggregate Prime Loans Outstanding

Counterparty Pays:
ii	3 Month LIBOR			5.32938	%
iii	Days in Period	06/15/2006 - 09/15/2006		92

iv	Gross Swap Receipt Due Trust		$	24,919,472.17


SLM Private Credit Trust Pays:
v	Prime Rate (WSJ) *			8.08424	%
vi	Less: Spread			2.72000	%

vii	Net Payable Rate			5.36424	%
viii	Days in Period	06/15/2006 - 09/15/2006		92

ix	Gross Swap Payment Due Counterparty		$	24,738,877.37


			Deutsche Bank AG, NY
			Quarterly Reset
i	Notional Swap Amount		$	161,091,199
	- Aggregate Prime Loans Outstanding

Counterparty Pays:
ii	3 Month LIBOR			5.32938	%
iii	Days in Period	06/15/2006 - 09/15/2006		92

iv	Gross Swap Receipt Due Trust		$	2,193,985.88


SLM Private Credit Trust Pays:
v	Prime Rate (WSJ)			8.00000	%
vi	Less: Spread			2.70000	%

vii	Net Payable Rate			5.30000	%
viii	Days in Period	06/15/2006 - 09/15/2006		92

ix	Gross Swap Payment Due Counterparty		$	2,152,001.88


*		Prime Rate Resets for Monthly Reset Swap


Determination	Period	# Days
Date	Effective	In Period	Rate
05/30/2006	06/15/2006 – 07/14/2006	30	8.000%
06/29/2006	07/15/2006 – 08/14/2006	31	8.000%
07/28/2006	08/15/2006 – 09/14/2006	31	8.250%

VIII. 2006-A Accrued Interest Factors

Accrued

Record Date

Interest Factor

Accrual Period

(Days Prior to Distribution Date)

Rate *

Index

Class A-1 Interest Rate

0.013670638

6/15/06-9/15/06

1 NY Business Day

5.34938%

LIBOR

Class A-2 Interest Rate

0.013823971

6/15/06-9/15/06

1 NY Business Day

5.40938%

LIBOR

Class A-3 Interest Rate

0.013977304

6/15/06-9/15/06

1 NY Business Day

5.46938%

LIBOR

Class A-4 Interest Rate

0.014105082

6/15/06-9/15/06

1 NY Business Day

5.51938%

LIBOR

Class A-5 Interest Rate

0.014360638

6/15/06-9/15/06

1 NY Business Day

5.61938%

LIBOR

Class B Interest Rate

0.014386193

6/15/06-9/15/06

1 NY Business Day

5.62938%

LIBOR

Class C Interest Rate

0.014897304

6/15/06-9/15/06

1 NY Business Day

5.82938%

LIBOR


*		Pay rates for Current Distribution. For the interest rates applicable to the next distribution date, please see http://www.salliemae.com/salliemae/investor/slmtrust/extracts/abrate.txt.

IX. 2006-A Inputs From Prior Period


																05/31/2006
A	Total Student Loan Pool Outstanding
	i	Portfolio Balance													$	1,905,341,624.61
	ii	Interest To Be Capitalized														111,734,205.45

	iii	Total Pool													$	2,017,075,830.06
	iv	Cash Capitalization Account (CI)														253,225,636.26

	v	Asset Balance													$	2,270,301,466.32


B	Total Note Factor															0.998796819
C	Total Note Balance														$	2,241,352,000.00

D	Note Balance 06/15/2006		Class A-1		Class A-2		Class A-3		Class A-4		Class A-5		Class B		Class C

	i	Current Factor		0.993778802		1.000000000		1.000000000		1.000000000		1.000000000		1.000000000		1.000000000
	ii	Expected Note Balance	$	431,300,000.00	$	207,000,000.00	$	355,000,000.00	$	373,267,000.00	$	700,000,000.00	$	73,297,000.00	$	101,488,000.00
	iii	Interest Shortfall	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
	iv	Interest Carryover	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00


E	Unpaid Primary Servicing Fees from Prior Month(s)				$	0.00
F	Unpaid Administration fees from Prior Quarter(s)				$	0.00
G	Unpaid Carryover Servicing Fees from Prior Quarter(s)				$	0.00

X. 2006-A Note Parity Triggers


		Class A		Class B		Class C
Notes Outstanding	6/15/06	$	2,066,567,000	$	2,139,864,000	$	2,241,352,000
Asset Balance, prior *	5/31/06	$	2,270,301,466	$	2,270,301,466	$	2,270,301,466

Pool Balance, current	8/31/06	$	2,028,071,886	$	2,028,071,886	$	2,028,071,886
Amounts on Deposit **	9/15/06		260,951,908		259,897,444		258,385,546
Total		$	2,289,023,794	$	2,287,969,330	$	2,286,457,432

Are the Notes in Excess of the Asset Balance?		No		No		No
Are the Notes in Excess of the Pool + Amounts on Deposit?		No		No		No

Are the Notes Parity Triggers in Effect?		No		No		No

Class A Enhancement		$	203,734,466.32
Specified Class A Enhancement		$	342,194,628.34	The greater of 15.0% of the Asset Balance or the Specified Overcollateralization Amount

Class B Enhancement		$	130,437,466.32
Specified Class B Enhancement		$	230,981,374.13	The greater of 10.125% of the Asset Balance or the Specified Overcollateralization Amount

Class C Enhancement		$	28,949,466.32
Specified Class C Enhancement		$	68,438,925.67	The greater of 3.0% of the Asset Balance or the Specified Overcollateralization Amount


*		For the initial distribution date, the initial Asset Balance as defined on page S-58 of the prospectus supplement

**		Amounts on Deposit in Trust Accounts for the Collection Period after Payment of Section XIII Items B through E for the Class A; Items B through G for the Class B; and Items B through I for the Class

XI. 2006-A Cash Capitalization Account Triggers

Cash Capitalization Account Balance as of Collection End Date

08/31/2006

253,225,636.26

Less: Excess of Trust fees & Note interest due over Available Funds

09/15/2006

0.00

Cash Capitalization Account Balance (CI)*

253,225,636.26

March 17, 2008 - December 15, 2008

5.50% of initial Asset Balance (incl. Collection Acct Initial Deposit

124,166,437.95

Excess, CI over 5.50% of initial Asset Balance (incl. Collection Acct Initial Deposit)

129,059,198.32

iii

Release A(ii) excess to Collection Account?**

09/15/2006

DO NOT RELEASE

March 16, 2009 - December 15, 2009

3.50% of initial Asset Balance (incl. Collection Acct Initial Deposit

79,015,005.97

Excess, CI over 3.50% of initial Asset Balance (incl. Collection Acct Initial Deposit)

174,210,630.29

iii

Release B(ii) excess to Collection Account?**

09/15/2006

DO NOT RELEASE

March 15, 2010 - September 15, 2010

1.50% of initial Asset Balance (incl. Collection Acct Initial Deposit)

33,863,573.99

Excess, CI over 1.50% of initial Asset Balance (incl. Collection Acct Initial Deposit)

219,362,062.27

iii

Release C(ii) excess to Collection Account?**

09/15/2006

DO NOT RELEASE

Release from Cash Capitalization Account (R)*

09/15/2006

0.00


*		as defined under “Asset Balance” on page S-58 of the prospectus supplement

**		determined based on a comparison of pool balances to notes outstanding and CI, along with certain loan portfolio characteristics, as outlined on pages S-37 through S-39 of the prospectus supplement

XII. 2006-A Principal Distribution Calculations

Priority Principal Payments (If Note Parity Triggers are not in effect, go to Regular Principal Distribution below):

Is the Class A Note Parity Trigger in Effect?

Aggregate A Notes Outstanding

06/15/2006

2,066,567,000.00

iii

Asset Balance

08/31/2006

2,281,297,522.28

First Priority Principal Distribution Amount

09/15/2006

—

Is the Class B Note Parity Trigger in Effect?

Aggregate A and B Notes Outstanding

06/15/2006

2,139,864,000.00

vii

Asset Balance

08/31/2006

2,281,297,522.28

viii

First Priority Principal Distribution Amount

09/15/2006

—

Second Priority Principal Distribution Amount

09/15/2006

—

Is the Class C Note Parity Trigger in Effect?

Aggregate A, B and C Notes Outstanding

06/15/2006

2,241,352,000.00

xii

Asset Balance

08/31/2006

2,281,297,522.28

xiii

First Priority Principal Distribution Amount

09/15/2006

—

xiv

Second Priority Principal Distribution Amount

09/15/2006

—

Third Priority Principal Distribution Amount

09/15/2006

—

Regular Principal Distribution

Aggregate Notes Outstanding

06/15/2006

2,241,352,000.00

Asset Balance

08/31/2006

2,281,297,522.28

iii

Specified Overcollateralization Amount

09/15/2006

45,105,431.98

First Priority Principal Distribution Amount

09/15/2006

—

Second Priority Principal Distribution Amount

09/15/2006

—

Third Priority Principal Distribution Amount

09/15/2006

—

vii

Regular Principal Distribution Amount

5,159,909.70

Class A Noteholders’ Principal Distribution Amounts

Has the Stepdown Date Occurred?

Aggregate Class A Notes Outstanding

06/15/2006

2,066,567,000.00

iii

Asset Balance

08/31/2006

2,281,297,522.28

85% of Asset Balance

08/31/2006

1,939,102,893.94

Specified Overcollateralization Amount

09/15/2006

45,105,431.98

Lesser of (iii) and (ii — iv)

1,939,102,893.94

vii

Class A Noteholders’ Principal Distribution Amt — Before the Stepdown Date

5,159,909.70

viii

Class A Noteholders’ Principal Distribution Amt — After the Stepdown Date

—

Actual Principal Distribution Amount paid

5,159,909.70

Shortfall

0.00

Class B Noteholders’ Principal Distribution Amounts

Has the Stepdown Date Occurred?

Aggregate Class B Notes Outstanding

06/15/2006

73,297,000.00

iii

Asset Balance

08/31/2006

2,281,297,522.28

89.875% of Asset Balance

08/31/2006

2,050,316,148.15

Specified Overcollateralization Amount

09/15/2006

45,105,431.98

Lesser of (iii) and (ii — iv)

2,050,316,148.15

vii

Class B Noteholders’ Principal Distribution Amt — Before the Stepdown Date

—

viii

Class B Noteholders’ Principal Distribution Amt — After the Stepdown Date

—

Class C Noteholders’ Principal Distribution Amounts

Has the Stepdown Date Occurred?

Aggregate Class C Notes Outstanding

06/15/2006

101,488,000.00

iii

Asset Balance

08/31/2006

2,281,297,522.28

97% of Asset Balance

08/31/2006

2,212,858,596.61

Specified Overcollateralization Amount

09/15/2006

45,105,431.98

Lesser of (iii) and (ii — iv)

2,212,858,596.61

vii

Class C Noteholders’ Principal Distribution Amt — Before the Stepdown Date

—

viii

Class C Noteholders’ Principal Distribution Amt — After the Stepdown Date

—

XIII. 2006-A Waterfall for Distributions


					Remaining
					Funds Balance
A		Total Available Funds (Sections III-L)	$	64,780,877.65	$	64,780,877.65

B		Primary Servicing Fees-Current Month plus any Unpaid	$	1,106,666.92	$	63,674,210.73

C		Quarterly Administration Fee plus any Unpaid	$	20,000.00	$	63,654,210.73

D	i	Gross Swap Payment due (Monthly Reset)	$	24,738,877.37	$	38,915,333.36
	ii	Gross Swap Payment due (Quarterly Reset)	$	2,152,001.88	$	36,763,331.48

E	i	Class A-1 Noteholders’ Interest Distribution Amount	$	5,896,146.07	$	30,867,185.41
	ii	Class A-2 Noteholders’ Interest Distribution Amount	$	2,861,562.02	$	28,005,623.39
	iii	Class A-3 Noteholders’ Interest Distribution Amount	$	4,961,943.08	$	23,043,680.31
	iv	Class A-4 Noteholders’ Interest Distribution Amount	$	5,264,961.73	$	17,778,718.58
	v	Class A-5 Noteholders’ Interest Distribution Amount	$	10,052,446.44	$	7,726,272.14
	vi	Swap Termination Fees	$	0.00	$	7,726,272.14

F		First Priority Principal Distribution Amount — Principal Distribution Account	$	0.00	$	7,726,272.14

G		Class B Noteholders’ Interest Distribution Amount	$	1,054,464.81	$	6,671,807.33

H		Second Priority Principal Distribution Amount — Principal Distribution Account	$	0.00	$	6,671,807.33

I		Class C Noteholders’ Interest Distribution Amount	$	1,511,897.63	$	5,159,909.70

J		Third Priority Principal Distribution Amount — Principal Distribution Account	$	0.00	$	5,159,909.70

K		Increase to the Specified Reserve Account Balance	$	0.00	$	5,159,909.70

L		Regular Principal Distribution Amount — Principal Distribution Account	$	5,159,909.70	$	0.00

M		Carryover Servicing Fees	$	0.00	$	0.00

N		Swap Termination Payments	$	0.00	$	0.00

O		Additional Principal Distribution Amount — Principal Distribution Account	$	0.00	$	0.00

P		Remaining Funds to the Certificateholders	$	0.00	$	0.00

XIV. 2006-A Principal Distribution Account Allocations


					Remaining
					Funds Balance
A		Total from Collection Account	$	5,159,909.70	$	5,159,909.70

B	i	Class A-1 Principal Distribution Amount Paid	$	5,159,909.70	$	0.00
	ii	Class A-2 Principal Distribution Amount Paid	$	0.00	$	0.00
	iii	Class A-3 Principal Distribution Amount Paid	$	0.00	$	0.00
	iv	Class A-4 Principal Distribution Amount Paid	$	0.00	$	0.00
	v	Class A-5 Principal Distribution Amount Paid	$	0.00	$	0.00

C		Class B Principal Distribution Amount Paid	$	0.00	$	0.00

D		Class C Principal Distribution Amount Paid	$	0.00	$	0.00

E		Remaining Class C Principal Distribution Amount Paid	$	0.00	$	0.00

F		Remaining Class B Principal Distribution Amount Paid	$	0.00	$	0.00

G	i	Remaining Class A-1 Principal Distribution Amount Paid	$	0.00	$	0.00
	ii	Remaining Class A-2 Principal Distribution Amount Paid	$	0.00	$	0.00
	iii	Remaining Class A-3 Principal Distribution Amount Paid	$	0.00	$	0.00
	iv	Remaining Class A-4 Principal Distribution Amount Paid	$	0.00	$	0.00
	v	Remaining Class A-5 Principal Distribution Amount Paid	$	0.00	$	0.00

XV. 2006-A Distributions


A	Distribution Amounts		Class A-1		Class A-2		Class A-3		Class A-4		Class A-5		Class B		Class C
	i	Quarterly Interest Due	$	5,896,146.07	$	2,861,562.02	$	4,961,943.08	$	5,264,961.73	$	10,052,446.44	$	1,054,464.81	$	1,511,897.63
	ii	Quarterly Interest Paid		5,896,146.07		2,861,562.02		4,961,943.08		5,264,961.73		10,052,446.44		1,054,464.81		1,511,897.63

	iii	Interest Shortfall	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00

	iv	Interest Carryover Due	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
	v	Interest Carryover Paid		0.00		0.00		0.00		0.00		0.00		0.00		0.00

	vi	Interest Carryover	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
	vii	Quarterly Principal Distribution Amount	$	5,159,909.70	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00
	viii	Quarterly Principal Paid		5,159,909.70		0.00		0.00		0.00		0.00		0.00		0.00

	ix	Shortfall	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00	$	0.00


	x	Total Distribution Amount	$	11,056,055.77	$	2,861,562.02	$	4,961,943.08	$	5,264,961.73	$	10,052,446.44	$	1,054,464.81	$	1,511,897.63


B	Note Balances			06/15/2006		Paydown Factors		09/15/2006
	i	A-1 Note Balance	78443C CE 2	$	431,300,000.00			$	426,140,090.30
		A-1 Note Pool Factor			0.993778802		0.011889193		0.981889609

	ii	A-2 Note Balance	78443C CF 9	$	207,000,000.00			$	207,000,000.00
		A-2 Note Pool Factor			1.000000000		0.000000000		1.000000000

	iii	A-3 Note Balance	78443C CG 7	$	355,000,000.00			$	355,000,000.00
		A-3 Note Pool Factor			1.000000000		0.000000000		1.000000000

	iv	A-4 Note Balance	78443C CJ 1	$	373,267,000.00			$	373,267,000.00
		A-4 Note Pool Factor			1.000000000		0.000000000		1.000000000

	v	A-5 Note Balance		$	700,000,000.00			$	700,000,000.00
		A-5 Note Pool Factor			1.000000000		0.000000000		1.000000000

	vi	B Note Balance	78443C CM 4	$	73,297,000.00			$	73,297,000.00
		B Note Pool Factor			1.000000000		0.000000000		1.000000000

	vii	C Note Balance	78443C CN 2	$	101,488,000.00			$	101,488,000.00
		C Note Pool Factor			1.000000000		0.000000000		1.000000000

XVI. 2006-A Historical Pool Information


			06/01/2006 - 08/31/2006			04/06/2006-05/31/2006
Beginning Student Loan Portfolio Balance			$	1,905,341,624.61		$	1,915,769,160.37


	Student	Loan Principal Activity
	i	Principal Payments Received	$	29,727,590.13		$	13,197,497.43
	ii	Purchases by Servicer (Delinquencies >180)		0.00			0.00
	iii	Other Servicer Reimbursements		22.69			163.38
	iv	Seller Reimbursements		54,584.51			16,091.47

	v	Total Principal Collections	$	29,782,197.33		$	13,213,752.28
	Student	Loan Non-Cash Principal Activity
	i	Realized Losses/Loans Charged Off	$	224,810.46		$	75,138.34
	ii	Capitalized Interest		(11,651,967.15	)		(2,645,361.09	)
	iii	Capitalized Insurance Fee	$	(2,178,926.25	)	$	(217,553.10	)
	iv	Other Adjustments		12,305.09			1,559.33

	v	Total Non-Cash Principal Activity	$	(13,593,777.85	)	$	(2,786,216.52	)


(-)	Total Student Loan Principal Activity		$	16,188,419.48		$	10,427,535.76


	Student	Loan Interest Activity
	i	Interest Payments Received	$	8,015,826.94		$	4,254,821.45
	ii	Repurchases by Servicer (Delinquencies >180)		0.00			0.00
	iii	Other Servicer Reimbursements		0.01			1.19
	iv	Seller Reimbursements		4,690.75			839.67
	v	Late Fees		78,968.10			31,849.87
	vi	Collection Fees		0.00			0.00

	viii	Total Interest Collections	$	8,099,485.80		$	4,287,512.18
	Student	Loan Non-Cash Interest Activity
	i	Realized Losses/Loans Charged Off	$	16,658.25		$	4,389.26

	ii	Capitalized Interest		11,651,967.15			2,645,361.09
	iii	Other Interest Adjustments		2.52			372.16

	iv	Total Non-Cash Interest Adjustments	$	11,668,627.92		$	2,650,122.51

	v	Total Student Loan Interest Activity	$	19,768,113.72		$	6,937,634.69

(=)	Ending Student Loan Portfolio Balance		$	1,889,153,205.13		$	1,905,341,624.61

(+)	Interest to be Capitalized		$	138,918,680.89		$	111,734,205.45


(=)	TOTAL POOL		$	2,028,071,886.02		$	2,017,075,830.06


(+)	Cash Capitalization Account Balance (CI)		$	253,225,636.26		$	253,225,636.26


(=)	Asset Balance		$	2,281,297,522.28		$	2,270,301,466.32

XVII. 2006-A Payment History and CPRs


Distribution	Actual		Since Issued
Date	Pool Balances		CPR *
Jun-06	$	2,017,075,830		4.15	%
Sep-06	$	2,028,071,886		4.61	%


*		Constant Prepayment Rate. Since Issued CPR is based on the current period’s ending pool balance calculated against the period’s projected pool balance as determined at the trust’s statistical cutoff date.

SLM Private Credit Student Loan Trust 2006-A 10-D