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Fitch Affirms SLM Student Loan Trust 2004-8 Notes; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the SLM Student Loan Trust, Series 2004-8 (SLM 2004-8) senior notes at 'AAAsf' and subordinate notes at 'BBBsf'. The Rating Outlook remains Stable for both classes. KEY RATING DRIVERS High Collateral Quality: The trust collateral consists of 100% of Federal Family Education Loan Program (FFELP) loans. The credit quality of the trust collateral is high, in Fitch's opinion, based on the guarantees provided by the transaction's eligible guarantors a

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