NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the senior notes at 'AAAsf' and the subordinate notes at 'AAsf', issued by Educational Funding of the South, Inc. 2003 Indenture, Series 2012-1. The Rating Outlook on all notes, which is tied to the sovereign rating of the U.S. government, is Stable. KEY RATING DRIVERS High Collateral Quality: The trust collateral comprises Federal Family Education Loan Program (FFELP) loans with guaranties provided by eligible guarantors and reinsurance provided