Exhibit 99.5

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Period of January 01, 2011 through January 31, 2011

Collections:
Principal Payments	26,535.64
Interest Payments	19,266.80
Total Principal and Interest Collections	45,802.44
Payments and Reversals Posted to Suspense	—
Total Collections	45,802.44
Less: Servicing Fees (not withheld from remittances)	(321.77	)
Net Collections	45,480.67

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Period of January 01, 2011 through January 31, 2011

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
01012011		20003901	COLL. OF CHAR		0		5625		5625		375000		103.13
01072011		20018701	SUOMI COLLEGE		8528.82		5546.7		14075.52		1840379.37		84.35
12302010		20002401	BOSTON UNIVER		18006.82		8120.1		26126.92		541340		148.87		Paid 1/4
			TOTALS:		26,535.64		19,291.80		45,827.44		2,756,719.37		336.35
01012011		20012401	MISSISSIPPI V		0		300		300		19999.99		(5.50	)
01012011		20021401	U OF NEBRASKA		5000		495		5495		33000		(9.08	)
													321.77		Service Fees due
SF STILL DUE:
7012008		20012401	MISSISSIPPI V		10,000.00		150.00		10,150.00		10,000.00		2.75		unpaid for 7/07 - SF still due
10012009		20022701	UNIV OF VERMO		68,000.00		24,720.00		92,720.00		1,648,000.00		453.20		unpaid for 10/09 - SF still due
4012010		20022701	UNIV OF VERMO		68,000.00		23,700.00		91,700.00		1,580,000.00		434.50		unpaid for 04/10 - SF still due
10012010		20022701	UNIV OF VERMO		70,000.00		22,680.00		92,680.00		1,512,000.00		415.80		unpaid for 10/10 - SF still due
10012010		20001301	AUGSBERG COLL		0.00		8,400.00		8,400.00		560,000.00		(154.00	)	unpaid
10012010		20001401	AZUSA UNIVERS		0.00		5,295.00		5,295.00		353,000.00		(97.08	)	unpaid
10012010		20004001	COLL.OF ST. T		0.00		3,900.00		3,900.00		260,000.00		(71.50	)	unpaid
10012010		20012101	MIDDLEBURY CO		27,000.00		7,575.00		34,575.00		505,000.00		(138.88	)	unpaid
10012010		20013502	NEW ENGLAND C		0.00		7,725.00		7,725.00		515,000.00		(141.63	)	unpaid
10012010		20019101	TAYLOR UNIV.		60,000.00		900.00		60,900.00		60,000.00		(16.50	)	unpaid
11012010		20020001	UNIV. OF ALAB		0.00		15,540.00		15,540.00		1,036,000.00		(284.90	)	unpaid
11012010		20021301	UNIV OF MONTE		0.00		2,310.00		2,310.00		154,000.00		(42.35	)	unpaid
12012010		20010801	LONG ISLAND U		0.00		3,675.00		3,675.00		245,000.00		(67.38	)	unpaid

Page 2 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Paid-in-Full Loans

For the Period of January 01, 2011 through January 31, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTAL:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Period of January 01, 2011 through January 31, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

As of January 31, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20000101	ALBION COLLEGE		3		470,025.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		128,186.89	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		523,333.18	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		267,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		785,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		176,025.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		62,061.73	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		478,025.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		53,200.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,050.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		86,049.99	10012013
20013502	NEW ENGLAND COLLEGE		3		515,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		504,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		631,512.17	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		49,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,831,850.55	8062014
20018901	SWARTHMORE COLLEGE		3		38,044.16	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,050.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		178,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		805,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20021701	UNIVERSITY OF NOTRE DAME - BONDS 1968		3		840,000.00	4012018
20022601	UNIVERSITY OF STEUBENVILLE		3.375		52,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		148,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,648,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
					15,337,413.65

Page 8 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

As of January 31, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE	7/1/2007		21,799.99		19,999.99
20022701	UNIV OF VERMONT	4/1/2009		277,145.00		1,648,000.00
20000101	ALBION COLLEGE	10/1/2010		25.00		470,025.00
20001301	AUGSBERG COLLEGE	10/1/2010		8,400.00		560,000.00
20001401	AZUSA UNIVERSITY	10/1/2010		5,295.00		353,000.00
20004001	COLLEGE OF ST.THOMAS	10/1/2010		3,900.00		260,000.00
20004401	R.I. JR. COLLEGE	10/1/2010		25.00		176,025.00
20012101	MIDDLEBURY COLLEGE	10/1/2010		7,600.00		478,025.00
20013501	NEW ENGLAND COLLEGE	10/1/2010		50.00		86,049.99
20013502	NEW ENGLAND COLLEGE	10/1/2010		7,725.00		515,000.00
20019101	TAYLOR UNIVERSITY	10/1/2010		60,900.00		60,000.00
20022602	UNIVERSITY OF STEUBENVILLE	10/1/2010		2,220.00		148,000.00
20013301	MORRIS COLLEGE	11/1/2010		50.00		228,050.00
20019201	TEMPLE UNIV	11/1/2010		50.00		128,050.00
20020001	UNIV OF ALABAMA	11/1/2010		15,540.00		1,036,000.00
20021301	UNIV OF MONTEVALLO	11/1/2010		2,310.00		154,000.00
20010801	LONG ISLAND UNIVERSITY	12/1/2010		3,675.00		245,000.00
TOTAL				416,709.99		6,565,224.98

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

As of January 31, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Period of February 01, 2011 through February 28, 2011

Collections:
Principal Payments	214,554.53
Interest Payments	76,665.99
Total Principal and Interest Collections	291,220.52
Payments and Reversals Posted to Suspense	—
Total Collections	291,220.52
Less: Servicing Fees (not withheld from remittances)	(1,387.46	)
Net Collections	289,833.06

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Period of February 01, 2011 through February 28, 2011

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
02072011		20018701	SUOMI COLLEGE		8554.53		5520.99		14075.52		1831850.55		83.96
													—
			TOTALS:		8,554.53		5,520.99		14,075.52		1,831,850.55		83.96
10-01-2009		20022701	UNIV OF VERMO		68,000.00		24,720.00		92,720.00		1,648,000.00		453.20		paid 02/23/11
4-01-2010		20022701	UNIV OF VERMO		68,000.00		23,700.00		91,700.00		1,580,000.00		434.50		paid 02/23/11
10-01-2010		20022701	UNIV OF VERMO		70,000.00		22,680.00		92,680.00		1,512,000.00		415.80		paid 02/23/11
													1,387.46		Service Fees due
SF STILL DUE:
7012008		20012401	MISSISSIPPI V		10,000.00		150.00		10,150.00		10,000.00		2.75		unpaid for 7/07 - SF still due
10012010		20001301	AUGSBERG COLL		0.00		8,400.00		8,400.00		560,000.00		(154.00	)	unpaid
10012010		20001401	AZUSA UNIVERS		0.00		5,295.00		5,295.00		353,000.00		(97.08	)	unpaid
10012010		20004001	COLL.OF ST. T		0.00		3,900.00		3,900.00		260,000.00		(71.50	)	unpaid
10012010		20012101	MIDDLEBURY CO		27,000.00		7,575.00		34,575.00		505,000.00		(138.88	)	unpaid
10012010		20013502	NEW ENGLAND C		0.00		7,725.00		7,725.00		515,000.00		(141.63	)	unpaid
10012010		20019101	TAYLOR UNIV.		60,000.00		900.00		60,900.00		60,000.00		(16.50	)	unpaid
11012010		20020001	UNIV. OF ALAB		0.00		15,540.00		15,540.00		1,036,000.00		(284.90	)	unpaid
11012010		20021301	UNIV OF MONTE		0.00		2,310.00		2,310.00		154,000.00		(42.35	)	unpaid
12012010		20010801	LONG ISLAND U		0.00		3,675.00		3,675.00		245,000.00		(67.38	)	unpaid

Page 3 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Paid-in-Full Loans

For the Period of February 01, 2011 through February 28, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTAL:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Period of February 01, 2011 through February 28, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

As of February 28, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20000101	ALBION COLLEGE		3		470,025.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		128,186.89	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		523,333.18	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		267,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		785,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		176,025.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		62,061.73	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		478,025.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		53,200.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,050.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		86,049.99	10012013
20013502	NEW ENGLAND COLLEGE		3		515,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		504,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		631,512.17	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		49,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,823,296.02	8062014
20018901	SWARTHMORE COLLEGE		3		38,044.16	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,050.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		178,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		805,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20021701	UNIVERSITY OF NOTRE DAME - BONDS 1968		3		840,000.00	4012018
20022601	UNIVERSITY OF STEUBENVILLE		3.375		52,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		148,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,442,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
					15,122,859.12

Page 8 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

As of February 28, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE	7/1/2007		21,799.99		19,999.99
20000101	ALBION COLLEGE	10/1/2010		25.00		470,025.00
20001301	AUGSBERG COLLEGE	10/1/2010		8,400.00		560,000.00
20001401	AZUSA UNIVERSITY	10/1/2010		5,295.00		353,000.00
20004001	COLLEGE OF ST.THOMAS	10/1/2010		3,900.00		260,000.00
20004401	R.I. JR. COLLEGE	10/1/2010		25.00		176,025.00
20012101	MIDDLEBURY COLLEGE	10/1/2010		7,600.00		478,025.00
20013501	NEW ENGLAND COLLEGE	10/1/2010		50.00		86,049.99
20013502	NEW ENGLAND COLLEGE	10/1/2010		7,725.00		515,000.00
20019101	TAYLOR UNIVERSITY	10/1/2010		60,900.00		60,000.00
20022602	UNIVERSITY OF STEUBENVILLE	10/1/2010		2,220.00		148,000.00
20013301	MORRIS COLLEGE	11/1/2010		50.00		228,050.00
20019201	TEMPLE UNIV	11/1/2010		50.00		128,050.00
20020001	UNIV OF ALABAMA	11/1/2010		15,540.00		1,036,000.00
20021301	UNIV OF MONTEVALLO	11/1/2010		2,310.00		154,000.00
20010801	LONG ISLAND UNIVERSITY	12/1/2010		3,675.00		245,000.00
20003901	COLLEGE OF CHARLESTON	1/1/2011		25.00		375,000.00
20021401	U OF NEBRASKA	1/1/2011		5,495.00		33,000.00
TOTAL				145,084.99		5,325,224.98

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

As of February 28, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Period of March 01, 2011 through March 31, 2011

Collections:
Principal Payments	514,312.10
Interest Payments	23,899.05
Total Principal and Interest Collections	538,211.15
Payments and Reversals Posted to Suspense	—
Total Collections	538,211.15
Less: Servicing Fees (not withheld from remittances)	(353.90	)
Net Collections	537,857.25

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Period of March 01, 2011 through March 31, 2011

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
03072011	20018701	SUOMI COLLEGE		9,112.10		4,963.42		14,075.52		1,823,296.02		83.57
03012011	20019502	TEXAS TECH UN		55,000.00		3,226.25		58,226.25		178,000.00		48.95
03012011	20019504	TEXAS TECH UN		450,000.00		13,584.38		463,584.38		805,000.00		221.38
		TOTALS:		514,112.10		21,774.05		535,886.15		2,806,296.02		353.90
												353.90		Service Fees due
SF STILL DUE:
7012008	20012401	MISSISSIPPI V		10,000.00		150.00		10,150.00		10,000.00		2.75		unpaid for 7/07 - SF still due
10012010	20001301	AUGSBERG COLL		0.00		8,400.00		8,400.00		560,000.00		(154.00	)	unpaid
10012010	20001401	AZUSA UNIVERS		0.00		5,295.00		5,295.00		353,000.00		(97.08	)	unpaid
10012010	20004001	COLL.OF ST. T		0.00		3,900.00		3,900.00		260,000.00		(71.50	)	unpaid
10012010	20012101	MIDDLEBURY CO		27,000.00		7,575.00		34,575.00		505,000.00		(138.88	)	unpaid
10012010	20013502	NEW ENGLAND C		0.00		7,725.00		7,725.00		515,000.00		(141.63	)	unpaid
10012010	20019101	TAYLOR UNIV.		60,000.00		900.00		60,900.00		60,000.00		(16.50	)	unpaid
11012010	20020001	UNIV. OF ALAB		0.00		15,540.00		15,540.00		1,036,000.00		(284.90	)	unpaid
11012010	20021301	UNIV OF MONTE		0.00		2,310.00		2,310.00		154,000.00		(42.35	)	unpaid
12012010	20010801	LONG ISLAND U		0.00		3,675.00		3,675.00		245,000.00		(67.38	)	unpaid

Page 3 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Paid-in-Full Loans

For the Period of March 01, 2011 through March 31, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTAL:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Period of March 01, 2011 through March 31, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

As of March 31, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20000101	ALBION COLLEGE		3		470,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		128,186.89	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		523,333.18	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		267,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		785,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		176,000.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		62,061.73	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		478,025.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		53,200.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		85,999.99	10012013
20013502	NEW ENGLAND COLLEGE		3		515,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		504,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		631,512.17	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		49,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,814,183.92	8062014
20018901	SWARTHMORE COLLEGE		3		38,044.16	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20021701	UNIVERSITY OF NOTRE DAME - BONDS 1968		3		840,000.00	4012018
20022601	UNIVERSITY OF STEUBENVILLE		3.375		52,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		148,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,442,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
					14,608,547.02

Page 8 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

For the Quarter Ended March 31, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE	7/1/2007		21,799.99		19,999.99
20001301	AUGSBERG COLLEGE	10/1/2010		8,400.00		560,000.00
20001401	AZUSA UNIVERSITY	10/1/2010		5,295.00		353,000.00
20004001	COLLEGE OF ST.THOMAS	10/1/2010		3,900.00		260,000.00
20012101	MIDDLEBURY COLLEGE	10/1/2010		7,600.00		478,025.00
20013502	NEW ENGLAND COLLEGE	10/1/2010		7,725.00		515,000.00
20019101	TAYLOR UNIVERSITY	10/1/2010		60,900.00		60,000.00
20022602	UNIVERSITY OF STEUBENVILLE	10/1/2010		2,220.00		148,000.00
20020001	UNIV OF ALABAMA	11/1/2010		15,540.00		1,036,000.00
20021301	UNIV OF MONTEVALLO	11/1/2010		2,310.00		154,000.00
20010801	LONG ISLAND UNIVERSITY	12/1/2010		3,675.00		245,000.00
20021401	U OF NEBRASKA	1/1/2011		5,495.00		33,000.00
TOTAL				144,859.99		3,862,024.99

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

As of March 31, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Period of April 01, 2011 through April 30, 2011

Collections:
Principal Payments	1,116,147.97
Interest Payments	81,878.41
Total Principal and Interest Collections	1,198,026.38
Payments and Reversals Posted to Suspense	5,640.00
Total Collections	1,203,666.38
Less: Servicing Fees (not withheld from remittances)	(1,325.24	)
Net Collections	1,202,341.14

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Period of April 01, 2011 through April 30, 2011

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
04012011	20003001	CASE WESTERN		120,000.00		11,775.00		131,775.00		785,030.00		215.88
04012011	20004401	R.I. JR. COLL		10,000.00		2,640.00		12,640.00		176,000.00		48.40
04012011	20012101	MIDDLEBURY CO		28,000.00		7,170.00		35,170.00		478,430.00		131.57
04072011	20018701	SUOMI COLLEGE		8,607.77		5,467.75		14,075.52		1,814,183.92		83.15
04012011	20021701	UNIV. OF NOTR		90,000.00		12,600.00		102,600.00		840,000.00		231.00
04012011	20022602	UNIV.OF STEUB		19,000.00		2,220.00		21,220.00		150,220.00		41.31
04012011	20022701	UNIV OF VERMO		70,000.00		21,630.00		91,630.00		1,442,000.00		396.55
04012011	20012901	MONTEREY JR C		—		2,100.00		2,100.00		140,000.00		38.50
04012011	20000101	ALBION COLLEG		—		7,050.00		7,050.00		470,000.00		129.25
04012011	20001301	AUGSBERG COLL		90,000.00		8,400.00		98,400.00		560,000.00		154.00
04012011	20001401	AZUSA UNIVERS		45,000.00		5,295.00		50,295.00		353,000.00		97.08
04012011	20004001	COLL.OF ST. T		35,000.00		3,900.00		38,900.00		260,000.00		71.50
04012011	20013501	NEW ENGLAND C		—		1,558.75		1,558.75		85,999.99		23.65
04012011	20013502	NEW ENGLAND C		50,000.00		7,725.00		57,725.00		515,000.00		141.63
04012011	20018001	ST.EDWARDS		16,000.00		888.13		16,888.13		65,000.00		17.88
04012011	20019101	TAYLOR UNIV.		—		900.00		900.00		—		—
04012011	20022601	UNIV.OF STEUB		25000		877.5		25877.5		52000		14.30
		TOTALS:		606,607.77		102,197.13		708,804.90		8,186,863.91		1,835.65
10012010	20012101	MIDDLEBURY CO		27,000.00		7,575.00		34,575.00		505,000.00		138.88
04012011	20000101	ALBION COLLEG		—		7,050.00		7,050.00		470,000.00		(129.25	)	unpaid
04012011	20001301	AUGSBERG COLL		90,000.00		8,400.00		98,400.00		560,000.00		(154.00	)	unpaid
04012011	20001401	AZUSA UNIVERS		45,000.00		5,295.00		50,295.00		353,000.00		(97.08	)	unpaid
04012011	20004001	COLL.OF ST. T		35,000.00		3,900.00		38,900.00		260,000.00		(71.50	)	unpaid
04012011	20013501	NEW ENGLAND C		—		1,558.75		1,558.75		85,999.99		(23.65	)	unpaid
04012011	20013502	NEW ENGLAND C		50,000.00		7,725.00		57,725.00		515,000.00		(141.63	)	unpaid
04012011	20018001	ST.EDWARDS		16,000.00		888.13		16,888.13		65,000.00		(17.88	)	unpaid
04012011	20022601	UNIV.OF STEUB		25000		877.5		25877.5		52000		(14.30	)	unpaid
												1,325.24		Service Fees due
SF STILL DUE:
7012008	20012401	MISSISSIPPI V		10,000.00		150.00		10,150.00		10,000.00		2.75		unpaid for 7/07 - SF still due
10012010	20001301	AUGSBERG COLL		0.00		8,400.00		8,400.00		560,000.00		(154.00	)	unpaid
10012010	20001401	AZUSA UNIVERS		0.00		5,295.00		5,295.00		353,000.00		(97.08	)	unpaid
10012010	20004001	COLL.OF ST. T		0.00		3,900.00		3,900.00		260,000.00		(71.50	)	unpaid
10012010	20013502	NEW ENGLAND C		0.00		7,725.00		7,725.00		515,000.00		(141.63	)	unpaid
10012010	20019101	TAYLOR UNIV.		60,000.00		900.00		60,900.00		60,000.00		(16.50	)	unpaid
11012010	20020001	UNIV. OF ALAB		0.00		15,540.00		15,540.00		1,036,000.00		(284.90	)	unpaid
11012010	20021301	UNIV OF MONTE		0.00		2,310.00		2,310.00		154,000.00		(42.35	)	unpaid
12012010	20010801	LONG ISLAND U		0.00		3,675.00		3,675.00		245,000.00		(67.38	)	unpaid

Page 3 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Paid-in-Full Loans

For the Period of April 01, 2011 through April 30, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
20021701	4/1/2011		750,000.00		750,000.00		—			4012018
TOTAL:			750,000.00		750,000.00		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Period of April 01, 2011 through April 30, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

As of April 30, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20000101	ALBION COLLEGE		3		470,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		128,186.89	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		523,333.18	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		249,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		665,030.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		166,000.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		62,061.73	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		450,430.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		53,200.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		85,999.99	10012013
20013502	NEW ENGLAND COLLEGE		3		515,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		504,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		631,512.17	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		49,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,805,576.15	8062014
20018901	SWARTHMORE COLLEGE		3		32,848.96	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20022601	UNIVERSITY OF STEUBENVILLE		3.375		52,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		131,220.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,372,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
					13,492,399.05

Page 8 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

As of April 30, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE	7/1/2007		21,799.99		19,999.99
20001301	AUGSBERG COLLEGE	10/1/2010		106,800.00		560,000.00
20001401	AZUSA UNIVERSITY	10/1/2010		55,590.00		353,000.00
20004001	COLLEGE OF ST.THOMAS	10/1/2010		42,800.00		260,000.00
20013502	NEW ENGLAND COLLEGE	10/1/2010		65,450.00		515,000.00
20019101	TAYLOR UNIVERSITY	10/1/2010		61,800.00		60,000.00
20020001	UNIV OF ALABAMA	11/1/2010		15,540.00		1,036,000.00
20021301	UNIV OF MONTEVALLO	11/1/2010		2,310.00		154,000.00
20010801	LONG ISLAND UNIVERSITY	12/1/2010		3,675.00		245,000.00
20021401	U OF NEBRASKA	1/1/2011		5,495.00		33,000.00
TOTAL				381,259.99		3,235,999.99

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

As of April 30, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Period of May 01, 2011 through May 31, 2011

Collections:
Principal Payments	87,417.85
Interest Payments	56,531.30
Total Principal and Interest Collections	143,949.15
Payments and Reversals Posted to Suspense	(5,640.00	)
Total Collections	138,309.15
Less: Servicing Fees (not withheld from remittances)	(1,154.68	)
Net Collections	137,154.47

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Period of May 01, 2011 through May 31, 2011

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
5012011	20001201	ATLANTIC UNIO		4,067.64		1,922.80		5,990.44		128,186.89		35.25
5012011	20002801	CARNEGIE-MELL		18,000.00		4,005.00		22,005.00		267,000.00		73.43
5012011	20006502	FAIRLEIGH DIC		2,683.89		930.93		3,614.82		62,061.73		17.07
5012011	20008301	HARCUM JR COL		—		3,675.00		3,675.00		245,000.00		67.38
5012011	20013301	MORRIS COLLEG		—		3,420.00		3,420.00		228,000.00		62.70
5012011	20016401	CALIFORNIA ST		—		3,450.00		3,450.00		230,000.00		63.25
5012011	20016501	CALIFORNIA ST		—		7,050.00		7,050.00		470,000.00		129.25
5012011	20016601	SARAH LAWRENC		25,807.06		9,472.68		35,279.74		631,512.17		173.67
5072011	20018701	SUOMI COLLEGE		8,809.26		5,266.26		14,075.52		1,805,576.15		82.76
5012011	20018901	SWARTHMORE CO		5,195.20		570.66		5,765.86		38,044.16		10.46
5012011	20019201	TEMPLE UNIV.		—		2,160.00		2,160.00		128,000.00		35.20
5012011	20020001	UNIV. OF ALAB		85,000.00		15,540.00		100,540.00		1,036,000.00		284.90
5012011	20021301	UNIV OF MONTE		10,000.00		2,310.00		12,310.00		154,000.00		42.35
5012011	20023501	WSTRN MARYLAN		—		7,950.00		7,950.00		530,000.00		145.75
		TOTALS:		159,563.05		67,723.33		227,286.38		5,953,381.10		1,223.42
4012011	20000101	ALBION COLLEG		—		7,050.00		7,050.00		470,000.00		129.25		PAID 5/12/11
10012010	20001401	AZUSA UNIVERS		—		5,295.00		5,295.00		353,000.00		97.08		PAID 5/17/11
4012011	20018001	ST.EDWARDS		16,000.00		888.13		16,888.13		65,000.00		17.88		PAID 5/12/11
4012011	20022601	UNIV.OF STEUB		25,000.00		877.50		25,877.50		52,000.00		14.30		PAID 5/12/11
5012011	20020001	UNIV. OF ALAB		85,000.00		15,540.00		100,540.00		1,036,000.00		(284.90	)	unpaid
5012011	20021301	UNIV OF MONTE		10,000.00		2,310.00		12,310.00		154,000.00		(42.35	)	unpaid
												1,154.68		Service Fees due
SF STILL DUE:
7012008	20012401	MISSISSIPPI V		10,000.00		150.00		10,150.00		10,000.00		2.75		unpaid for 7/07 - SF still due
10012010	20001301	AUGSBERG COLL		—		8,400.00		8,400.00		560,000.00		(154.00	)	unpaid
4012011	20001301	AUGSBERG COLL		90,000.00		8,400.00		98,400.00		560,000.00		(154.00	)	unpaid
4012011	20001401	AZUSA UNIVERS		45,000.00		5,295.00		50,295.00		353,000.00		(97.08	)	unpaid
10012010	20004001	COLL.OF ST. T		—		3,900.00		3,900.00		260,000.00		(71.50	)	unpaid
4012011	20004001	COLL.OF ST. T		35,000.00		3,900.00		38,900.00		260,000.00		(71.50	)	unpaid
4012011	20013501	NEW ENGLAND C		—		1,558.75		1,558.75		85,999.99		(23.65	)	unpaid
10012010	20013502	NEW ENGLAND C		—		7,725.00		7,725.00		515,000.00		(141.63	)	unpaid
4012011	20013502	NEW ENGLAND C		50,000.00		7,725.00		57,725.00		515,000.00		(141.63	)	unpaid
10012010	20019101	TAYLOR UNIV.		60,000.00		900.00		60,900.00		60,000.00		(16.50	)	unpaid
11012010	20020001	UNIV. OF ALAB		—		15,540.00		15,540.00		1,036,000.00		(284.90	)	unpaid
11012010	20021301	UNIV OF MONTE		—		2,310.00		2,310.00		154,000.00		(42.35	)	unpaid
12012010	20010801	LONG ISLAND U		—		3,675.00		3,675.00		245,000.00		(67.38	)	unpaid

Page 3 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Paid-in-Full Loans

For the Period of May 01, 2011 through May 31, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTAL:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Period of May 01, 2011 through May 31, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

As of May 31, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20000101	ALBION COLLEGE		3		470,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		128,186.89	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		523,333.18	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		249,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		665,030.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		166,000.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		62,061.73	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		450,430.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		53,200.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		85,999.99	10012013
20013502	NEW ENGLAND COLLEGE		3		515,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		504,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		631,512.17	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		49,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,805,576.15	8062014
20018901	SWARTHMORE COLLEGE		3		32,848.96	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20022601	UNIVERSITY OF STEUBENVILLE		3.375		52,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		131,220.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,372,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
					13,492,399.05

Page 8 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

As of May 31, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE	7/1/2007		21,799.99		19,999.99
20001301	AUGSBERG COLLEGE	10/1/2010		106,800.00		560,000.00
20004001	COLLEGE OF ST.THOMAS	10/1/2010		42,800.00		260,000.00
20013502	NEW ENGLAND COLLEGE	10/1/2010		65,450.00		515,000.00
20019101	TAYLOR UNIVERSITY	10/1/2010		61,800.00		60,000.00
20020001	UNIV OF ALABAMA	11/1/2010		116,080.00		1,036,000.00
20021301	UNIV OF MONTEVALLO	11/1/2010		14,620.00		154,000.00
20010801	LONG ISLAND UNIVERSITY	12/1/2010		3,675.00		245,000.00
20021401	U OF NEBRASKA	1/1/2011		5,495.00		33,000.00
20001401	AZUSA UNIVERSITY	4/1/2011		50,295.00		353,000.00
20012101	MIDDLEBURY COLLEGE	4/1/2011		7,600.00		450,430.00
20013501	NEW ENGLAND COLLEGE	4/1/2011		1,558.75		85,999.99
TOTAL				497,973.74		3,772,429.98

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

As of May 31, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Period of June 01, 2011 through June 30, 2011

Collections:
Principal Payments	241,937.18
Interest Payments	37,849.01
Total Principal and Interest Collections	279,786.19
Payments and Reversals Posted to Suspense	—
Total Collections	279,786.19
Less: Servicing Fees (not withheld from remittances)	(686.68	)
Net Collections	279,099.51

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Period of June 01, 2011 through June 30, 2011

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
06302011	20002401	BOSTON UNIVER		18,276.92		7,850.00		26,126.92		523,333.18		143.92
06012011	20014401	DOMNION UNIV.		165,000.00		7,575.00		172,575.00		504,999.99		138.87
06072011	20018701	SUOMI COLLEGE		8,660.26		5,415.26		14,075.52		1,796,766.89		82.35
06012011	20013001	MONTREAT-ANDE		2,800.00		798.00		3,598.00		53,200.00		14.63
06012011	20010801	LONG ISLAND U		35,000.00		3,675.00		38,675.00		245,000.00		67.38
		TOTALS:		229,737.18		25,313.26		255,050.44		3,123,300.06		447.15
4012011	20013501	NEW ENGLAND C		—		1,558.75		1,558.75		85,999.99		23.65		paid 6/28
10012010	20013502	NEW ENGLAND C		—		7,725.00		7,725.00		515,000.00		141.63		paid 6/28
4012011	20013502	NEW ENGLAND C		50,000.00		7,725.00		57,725.00		515,000.00		141.63		paid 6/28
06012011	20010801	LONG ISLAND U		35,000.00		3,675.00		38,675.00		245,000.00		(67.38	)
												686.68		Service Fees due
SF STILL DUE:
7012008	20012401	MISSISSIPPI V		10,000.00		150.00		10,150.00		10,000.00		2.75		unpaid for 7/07 - SF still due
10012010	20001301	AUGSBERG COLL		—		8,400.00		8,400.00		560,000.00		(154.00	)	unpaid
4012011	20001301	AUGSBERG COLL		90,000.00		8,400.00		98,400.00		560,000.00		(154.00	)	unpaid
4012011	20001401	AZUSA UNIVERS		45,000.00		5,295.00		50,295.00		353,000.00		(97.08	)	unpaid
10012010	20004001	COLL.OF ST. T		—		3,900.00		3,900.00		260,000.00		(71.50	)	unpaid
4012011	20004001	COLL.OF ST. T		35,000.00		3,900.00		38,900.00		260,000.00		(71.50	)	unpaid
10012010	20019101	TAYLOR UNIV.		60,000.00		900.00		60,900.00		60,000.00		(16.50	)	unpaid
11012010	20020001	UNIV. OF ALAB		—		15,540.00		15,540.00		1,036,000.00		(284.90	)	unpaid
5012011	20020001	UNIV. OF ALAB		85,000.00		15,540.00		100,540.00		1,036,000.00		(284.90	)	unpaid
11012010	20021301	UNIV OF MONTE		—		2,310.00		2,310.00		154,000.00		(42.35	)	unpaid
5012011	20021301	UNIV OF MONTE		10,000.00		2,310.00		12,310.00		154,000.00		(42.35	)	unpaid
12012010	20010801	LONG ISLAND U		—		3,675.00		3,675.00		245,000.00		(67.38	)	unpaid

Page 3 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Paid-in-Full Loans

For the Period of June 01, 2011 through June 30, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTAL:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Period of June 01, 2011 through June 30, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

As of June 30, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20000101	ALBION COLLEGE		3		470,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		124,119.25	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		505,056.26	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		249,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		665,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		166,000.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		59,377.84	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		450,430.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		50,400.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		85,999.99	10012013
20013502	NEW ENGLAND COLLEGE		3		465,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		339,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		605,705.11	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		33,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,788,106.63	8062014
20018901	SWARTHMORE COLLEGE		3		32,848.96	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20022601	UNIVERSITY OF STEUBENVILLE		3.375		27,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		129,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,372,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
					13,163,044.02

Page 8 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

As of June 30, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE	7/1/2007		21,799.99		19,999.99
20001301	AUGSBERG COLLEGE	10/1/2010		106,800.00		560,000.00
20004001	COLLEGE OF ST.THOMAS	10/1/2010		42,800.00		260,000.00
20019101	TAYLOR UNIVERSITY	10/1/2010		61,800.00		60,000.00
20020001	UNIV OF ALABAMA	11/1/2010		116,080.00		1,036,000.00
20021301	UNIV OF MONTEVALLO	11/1/2010		14,620.00		154,000.00
20010801	LONG ISLAND UNIVERSITY	12/1/2010		3,675.00		245,000.00
20021401	U OF NEBRASKA	1/1/2011		5,495.00		33,000.00
20001401	AZUSA UNIVERSITY	4/1/2011		50,295.00		353,000.00
20012101	MIDDLEBURY COLLEGE	4/1/2011		7,600.00		450,430.00
TOTAL				430,964.99		3,171,429.99

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

As of June 30, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Period of July 01, 2011 through July 31, 2011

Collections:
Principal Payments	158,860.21
Interest Payments	28,105.31
Total Principal and Interest Collections	186,965.52
Payments and Reversals Posted to Suspense	—
Total Collections	186,965.52
Less: Servicing Fees (not withheld from remittances)	(501.62	)
Net Collections	186,463.90

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Period of July 01, 2011 through July 31, 2011

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
07012011	20003901	COLL. OF CHAR		60,000.00		5,625.00		65,625.00		375,000.00		103.13
07072011	20018701	SUOMI COLLEGE		8,860.21		5,215.31		14,075.52		1,788,106.63		81.95
07012011	20021401	U OF NEBRASKA		6,000.00		420.00		6,420.00		28,000.00		7.70
		TOTALS:		74,860.21		11,260.31		86,120.52		2,191,106.63		192.78
06012011	20010801	LONG ISLAND U		35,000.00		3,675.00		38,675.00		245,000.00		67.38		paid
4012011	20001401	AZUSA UNIVERS		45,000.00		5,295.00		50,295.00		353,000.00		97.08		PAID
11012010	20021301	UNIV OF MONTE		—		2,310.00		2,310.00		154,000.00		42.35		PAID
5012011	20021301	UNIV OF MONTE		10,000.00		2,310.00		12,310.00		154,000.00		42.35		PAID
12012010	20010801	LONG ISLAND U		—		3,675.00		3,675.00		245,000.00		67.38		PAID
07012011	20021401	U OF NEBRASKA		6,000.00		420.00		6,420.00		28,000.00		(7.70	)	unpaid
												501.62		Service Fees due
SF STILL DUE:
7012008	20012401	MISSISSIPPI V		10,000.00		150.00		10,150.00		10,000.00		2.75		unpaid for 7/07 - SF still due
10012010	20001301	AUGSBERG COLL		—		8,400.00		8,400.00		560,000.00		(154.00	)	unpaid
4012011	20001301	AUGSBERG COLL		90,000.00		8,400.00		98,400.00		560,000.00		(154.00	)	unpaid
10012010	20004001	COLL.OF ST. T		—		3,900.00		3,900.00		260,000.00		(71.50	)	unpaid
4012011	20004001	COLL.OF ST. T		35,000.00		3,900.00		38,900.00		260,000.00		(71.50	)	unpaid
10012010	20019101	TAYLOR UNIV.		60,000.00		900.00		60,900.00		60,000.00		(16.50	)	unpaid
11012010	20020001	UNIV. OF ALAB		—		15,540.00		15,540.00		1,036,000.00		(284.90	)	unpaid
5012011	20020001	UNIV. OF ALAB		85,000.00		15,540.00		100,540.00		1,036,000.00		(284.90	)	unpaid

Page 3 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Paid-in-Full Loans

For the Period of July 01, 2011 through July 31, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTAL:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Period of July 01, 2011 through July 31, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

As of July 31, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20000101	ALBION COLLEGE		3		470,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		124,119.25	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		308,000.00	4012017
20002401	BOSTON UNIVERITY		3		505,056.26	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		249,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		665,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		315,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		166,000.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		59,377.84	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		210,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		450,430.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		50,400.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		85,999.99	10012013
20013502	NEW ENGLAND COLLEGE		3		465,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		339,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		605,705.11	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		33,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,779,246.42	8062014
20018901	SWARTHMORE COLLEGE		3		32,848.96	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		144,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20022601	UNIVERSITY OF STEUBENVILLE		3.375		27,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		129,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,372,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
					13,004,183.81

Page 8 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

As of July 31, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE	7/1/2007		21,799.99		19,999.99
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU	10/1/2010		106,800.00		560,000.00
20004001	COLLEGE OF ST.THOMAS	10/1/2010		42,800.00		260,000.00
20019101	TAYLOR UNIVERISTY	10/1/2010		61,800.00		60,000.00
20020001	UNIVERSITY OF ALABAMA	11/1/2010		116,080.00		1,036,000.00
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB	1/1/2011		5,495.00		33,000.00
20012101	MIDDLEBURY COLLEGE	4/1/2011		7,600.00		450,430.00
TOTAL				362,374.99		2,419,429.99

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

As of July 31, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Period of August 01, 2011 through August 31, 2011

Collections:
Principal Payments	9,143.07
Interest Payments	12,532.45
Total Principal and Interest Collections	21,675.52
Payments and Reversals Posted to Suspense	—
Total Collections	21,675.52
Less: Servicing Fees (not withheld from remittances)	(81.55	)
Net Collections	21,593.97

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Period of August 01, 2011 through August 31, 2011

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
8072011	20018701	SUOMI COLLEGE		8713.07		5362.45		14075.52		1779246.42		81.55
												—
												—
												—
		TOTALS:		8,713.07		5,362.45		14,075.52		1,779,246.42		81.55
												81.55		Service Fees due
SF STILL DUE:
7012008	20012401	MISSISSIPPI V		10,000.00		150.00		10,150.00		10,000.00		2.75		unpaid for 7/07 - SF still due
10012010	20001301	AUGSBERG COLL		—		8,400.00		8,400.00		560,000.00		(154.00	)	unpaid
4012011	20001301	AUGSBERG COLL		90,000.00		8,400.00		98,400.00		560,000.00		(154.00	)	unpaid
10012010	20004001	COLL.OF ST. T		—		3,900.00		3,900.00		260,000.00		(71.50	)	unpaid
4012011	20004001	COLL.OF ST. T		35,000.00		3,900.00		38,900.00		260,000.00		(71.50	)	unpaid
10012010	20019101	TAYLOR UNIV.		60,000.00		900.00		60,900.00		60,000.00		(16.50	)	unpaid
11012010	20020001	UNIV. OF ALAB		—		15,540.00		15,540.00		1,036,000.00		(284.90	)	unpaid
5012011	20020001	UNIV. OF ALAB		85,000.00		15,540.00		100,540.00		1,036,000.00		(284.90	)	unpaid
7012011	20021401	U OF NEBRASKA		6,000.00		420.00		6,420.00		28,000.00		(7.70	)	unpaid

Page 3 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Paid-in-Full Loans

For the Period of August 01, 2011 through August 31, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTAL:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Period of August 01, 2011 through August 31, 2011

	Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:				—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

As of August 31, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20000101	ALBION COLLEGE		3		470,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		124,119.25	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		308,000.00	4012017
20002401	BOSTON UNIVERITY		3		505,056.26	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		249,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		665,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		315,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		166,000.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		59,377.84	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		210,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		450,000.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		50,400.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		85,999.99	10012013
20013502	NEW ENGLAND COLLEGE		3		465,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		339,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		605,705.11	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		33,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,770,533.35	8062014
20018901	SWARTHMORE COLLEGE		3		32,848.96	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		144,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20022601	UNIVERSITY OF STEUBENVILLE		3.375		27,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		129,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,372,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
					12,995,040.74

Page 8 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

As of August 31, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE	7/1/2007		22,099.99		19,999.99
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU	10/1/2010		106,800.00		560,000.00
20004001	COLLEGE OF ST.THOMAS	10/1/2010		42,800.00		260,000.00
20019101	TAYLOR UNIVERSITY	10/1/2010		61,800.00		60,000.00
20020001	UNIVERSITY OF ALABAMA	11/1/2010		116,080.00		1,036,000.00
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB	1/1/2011		11,915.00		33,000.00
TOTAL				361,494.99		1,968,999.99

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

As of August 31, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE	7/1/2007		22,099.99		19,999.99
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU	10/1/2010		106,800.00		560,000.00
20004001	COLLEGE OF ST.THOMAS	10/1/2010		42,800.00		260,000.00
20019101	TAYLOR UNIVERSITY	10/1/2010		61,800.00		60,000.00
20020001	UNIVERSITY OF ALABAMA	11/1/2010		116,080.00		1,036,000.00
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB	1/1/2011		11,915.00		33,000.00
TOTAL				361,494.99		1,968,999.99

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

As of August 31, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Period of September 01, 2011 through September 30, 2011

Collections:
Principal Payments	23,739.33
Interest Payments	15,656.20
Total Principal and Interest Collections	39,395.53
Payments and Reversals Posted to Suspense	—
Total Collections	39,395.53
Less: Servicing Fees (not withheld from remittances)	(212.61	)
Net Collections	39,182.92

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Period of September 01, 2011 through September 30, 2011

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
9072011		20018701	SUOMI COLLEGE		8,739.33		5,336.19		14,075.52		1,770,533.35		81.15
9012011		20019502	TEXAS TECH UN		0		2229.38		2229.38		123000		33.83
9012011		20019504	TEXAS TECH UN		—		5,990.63		5,990.63		355,000.00		97.63
													—
													—
									0
			TOTALS:		8,739.33		13,556.20		22,295.53		2,248,533.35		212.61
															Service Fees due
SF STILL DUE:
7012008		20012401	MISSISSIPPI V		10,000.00		150.00		10,150.00		10,000.00		2.75		unpaid for 7/07 - SF still due
10012010		20001301	AUGSBERG COLL		—		8,400.00		8,400.00		560,000.00		(154.00	)	unpaid
4012011		20001301	AUGSBERG COLL		90,000.00		8,400.00		98,400.00		560,000.00		(154.00	)	unpaid
10012010		20004001	COLL.OF ST. T		—		3,900.00		3,900.00		260,000.00		(71.50	)	unpaid
4012011		20004001	COLL.OF ST. T		35,000.00		3,900.00		38,900.00		260,000.00		(71.50	)	unpaid
10012010		20019101	TAYLOR UNIV.		60,000.00		900.00		60,900.00		60,000.00		(16.50	)	unpaid
11012010		20020001	UNIV. OF ALAB		—		15,540.00		15,540.00		1,036,000.00		(284.90	)	unpaid
5012011		20020001	UNIV. OF ALAB		85,000.00		15,540.00		100,540.00		1,036,000.00		(284.90	)	unpaid
7012011		20021401	U OF NEBRASKA		6,000.00		420.00		6,420.00		28,000.00		(7.70	)	unpaid

Page 3 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Paid-in-Full Loans

For the Period of September 01, 2011 through September 30, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTAL:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Period of September 01, 2011 through September 30, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

As of September 30, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20000101	ALBION COLLEGE		3		470,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		124,119.25	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		308,000.00	4012017
20002401	BOSTON UNIVERITY		3		505,056.26	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		249,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		665,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		315,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		166,000.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		59,377.84	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		210,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		450,000.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		125,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		50,400.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		85,999.99	10012013
20013502	NEW ENGLAND COLLEGE		3		465,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		339,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		605,705.11	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		33,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,761,794.02	8062014
20018901	SWARTHMORE COLLEGE		3		32,848.96	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		144,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20022601	UNIVERSITY OF STEUBENVILLE		3.375		27,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		129,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,372,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
					12,971,301.41

Page 8 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

As of September 30, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE	7/1/2007		22,099.99		19,999.99
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU	10/1/2010		106,800.00		560,000.00
20004001	COLLEGE OF ST.THOMAS	10/1/2010		42,800.00		260,000.00
20019101	TAYLOR UNIVERSITY	10/1/2010		61,800.00		60,000.00
20020001	UNIVERSITY OF ALABAMA	11/1/2010		116,080.00		1,036,000.00
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB	1/1/2011		11,915.00		33,000.00
TOTAL				361,494.99		1,968,999.99

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

As of September 30, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Period of October 01, 2011 through October 31, 2011

Collections:
Principal Payments	695,331.11
Interest Payments	101,807.90
Total Principal and Interest Collections	797,139.01
Payments and Reversals Posted to Suspense	—
Total Collections	797,139.01
Less: Servicing Fees (not withheld from remittances)	(1,584.19	)
Net Collections	795,554.82

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Period of October 01, 2011 through October 31, 2011

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
10012011		20001301	AUGSBERG COLL		—		7,050.00		7,050.00		470,000.00		129.25
10012011		20001401	AZUSA UNIVERS		—		4,620.00		4,620.00		308,000.00		84.70
10012011		20003001	CASE WESTERN		—		9,975.00		9,975.00		665,000.00		182.88
10012011		20004001	COLL.OF ST. T		—		3,375.00		3,375.00		225,000.00		61.88
10012011		20004401	R.I. JR. COLL		10,000.00		2,490.00		12,490.00		166,000.00		45.65
10012011		20012101	MIDDLEBURY CO		30,000.00		6,750.00		36,750.00		450,000.00		123.75
10012011		20013501	NEW ENGLAND C		33,000.00		1,558.75		34,558.75		85,999.99		23.65
10012011		20013502	NEW ENGLAND C		—		6,975.00		6,975.00		465,000.00		127.88
10072011		20018701	SUOMI COLLEGE		8,936.95		5,138.57		14,075.52		1,761,794.02		80.75
10012011		20022701	UNIV OF VERMO		72,000.00		20,580.00		92,580.00		1,372,000.00		377.30
10012011		20012901	MONTEREY JR C		15,000.00		2,100.00		17,100.00		140,000.00		38.50
10012011		20000101	ALBION COLLEG		90,000.00		7,050.00		97,050.00		470,000.00		129.25
10012011		20018001	ST.EDWARDS		—		598.13		598.13		33,000.00		9.08
10012011		20022601	UNIV.OF STEUB		—		455.63		455.63		27,000.00		7.43
10012011		20022602	UNIV.OF STEUB		—		1,935.00		1,935.00		129,000.00		35.48
			TOTALS:		258,936.95		80,651.08		339,588.03		6,767,794.01		1,457.43
10012010		20001301	AUGSBERG COLL		—		8,400.00		8,400.00		560,000.00		154.00		paid
4012011		20001301	AUGSBERG COLL		90,000.00		8,400.00		98,400.00		560,000.00		154.00		paid
10012011		20000101	ALBION COLLEG		90,000.00		7,050.00		97,050.00		470,000.00		(129.25	)
10012011		20018001	ST.EDWARDS		—		598.13		598.13		33,000.00		(9.08	)
10012011		20022601	UNIV.OF STEUB		—		455.63		455.63		27,000.00		(7.43	)
10012011		20022602	UNIV.OF STEUB		—		1,935.00		1,935.00		129,000.00		(35.48	)
													1,584.19		Service Fees due
SF STILL DUE:
7012008		20012401	MISSISSIPPI V		10,000.00		150.00		10,150.00		10,000.00		2.75		unpaid
10012010		20004001	COLL.OF ST. T		—		3,900.00		3,900.00		260,000.00		71.50		unpaid
4012011		20004001	COLL.OF ST. T		35,000.00		3,900.00		38,900.00		260,000.00		71.50		unpaid
10012010		20019101	TAYLOR UNIV.		60,000.00		900.00		60,900.00		60,000.00		16.50		unpaid
11012010		20020001	UNIV. OF ALAB		—		15,540.00		15,540.00		1,036,000.00		284.90		unpaid
5012011		20020001	UNIV. OF ALAB		85,000.00		15,540.00		100,540.00		1,036,000.00		284.90		unpaid
7012011		20021401	U OF NEBRASKA		6,000.00		420.00		6,420.00		28,000.00		7.70		unpaid

Page 3 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Paid-in-Full Loans

For the Period of October 01, 2011 through October 31, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTAL:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Period of October 01, 2011 through October 31, 2011

	Loan Number		Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
		20001301	10/12/2011		363,200.00		363,200.00		0
TOTAL:					363,200.00		363,200.00		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

As of October 31, 2011

Loan Number		Borrower Name	Interest Rate		Current UPB		Maturity Date
	20000101	ALBION COLLEGE		3		470,000.00	10012015
	20001201	ATLANTIC UNION COLLEGE		3		124,119.25	5012023
	20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		106,800.00	4012016
	20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		308,000.00	4012017
	20002401	BOSTON UNIVERITY		3		505,056.26	12312022
	20002801	CARNEGIE MELLON UNIVERSITY		3		232,000.00	11012017
	20003001	CASE WESTERN RESERVE UNIVERSIT		3		665,000.00	4012016
	20003901	COLLEGE OF CHARLESTON		3		315,000.00	7012016
	20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
	20004401	R.I. JR. COLLEGE		3		156,000.00	4012018
	20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		59,377.84	11012020
	20008301	HARCUM COLLEGE		3		200,000.00	11012015
	20010801	LONG ISLAND UNIVERSITY		3		210,000.00	6012016
	20012101	MIDDLEBURY COLLEGE		3		420,000.00	4012018
	20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
	20012901	MONTEREY PENINSULA JR. COLLEGE		3		125,000.00	10012018
	20013001	MONTREAT-ANDERSON COLLEGE		3		50,400.00	12012019
	20013301	MORRIS COLLEGE - BONDS 1983		3		228,000.00	11012013
	20013501	NEW ENGLAND COLLEGE		3.625		52,999.99	10012013
	20013502	NEW ENGLAND COLLEGE		3		465,000.00	4012019
	20014401	OLD DOMINION UNIVERSITY		3		339,999.99	6012013
	20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
	20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
	20016601	SARAH LAWRENCE COLLEGE		3		579,510.95	11012021
	20018001	ST.EDWARDS UNIVERSITY		3.625		33,000.00	4012013
	20018701	FINLANDIA UNIVERSITY		3.5		1,752,857.07	8062014
	20018901	SWARTHMORE COLLEGE		3		32,848.96	11012013
	20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
	20019201	TEMPLE UNIVERSITY		3.375		128,000.00	11012014
	20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
	20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
	20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
	20021301	UNIVERSITY OF MONTEVALLO		3		144,000.00	5012023
	20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
	20022601	UNIVERSITY OF STEUBENVILLE		3.375		27,000.00	4012012
	20022602	UNIVERSITY OF STEUBENVILLE		3		129,000.00	4012017
	20022701	UNIVERSITY OF VERMONT		3		1,300,000.00	10012019
	20023501	McDANIEL COLLEGE		3		530,000.00	11012016
						12,275,970.30

Page 8 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

As of October 31, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE	7/1/2007		22,099.99		19,999.99
20004001	COLLEGE OF ST.THOMAS	10/1/2010		42,800.00		260,000.00
20019101	TAYLOR UNIVERISTY	10/1/2010		62,700.00		60,000.00
20020001	UNIVERSITY OF ALABAMA	11/1/2010		116,080.00		1,036,000.00
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB	1/1/2011		11,915.00		33,000.00
TOTAL				255,594.99		1,408,999.99

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

As of October 31, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Period of November 01, 2011 through November 30, 2011

Collections:
Principal Payments	376,718.52
Interest Payments	43,352.83
Total Principal and Interest Collections	420,071.35
Payments and Reversals Posted to Suspense	1,555.20
Total Collections	421,626.55
Less: Servicing Fees (not withheld from remittances)	(1,062.40	)
Net Collections	420,564.15

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Period of November 01, 2011 through November 30, 2011

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
11012011	20001201	ATLANTIC UNIO		4,128.65		1,861.79		5,990.44		124,119.25		34.13
11012011	20006502	FAIRLEIGH DIC		2,724.15		890.67		3,614.82		59,377.84		16.33
11012011	20013301	MORRIS COLLEG		73,000.00		3,420.00		76,420.00		228,000.00		62.70
11012011	20016401	CALIFORNIA ST		20,000.00		3,450.00		23,450.00		230,000.00		63.25
11012011	20016501	CALIFORNIA ST		35,000.00		7,050.00		42,050.00		470,000.00		129.25
11072011	20018701	SUOMI COLLEGE		8,792.60		5,282.92		14,075.52		1,752,857.07		80.34
11012011	20018901	SWARTHMORE CO		5,273.13		492.73		5,765.86		32,848.96		9.03
11012011	20019201	TEMPLE UNIV.		35,000.00		2,160.00		37,160.00		128,000.00		35.20
11012011	20023501	WSTRN MARYLAN		80,000.00		7,950.00		87,950.00		530,000.00		145.75
11012011	20002801	CARNEGIE-MELL		17,000.00		3,735.00		20,735.00		249,000.00		68.48
11012011	20008301	HARCUM JR COL		45,000.00		3,675.00		48,675.00		245,000.00		67.38
11012011	20016601	SARAH LAWRENC		26,194.16		9,085.58		35,279.74		605,705.11		166.57
11012011	20020001	UNIV. OF ALAB		—		14,265.00		14,265.00		951,000.00		261.53
11012011	20021301	UNIV OF MONTE		—		2,160.00		2,160.00		144,000.00		39.60
		TOTALS:		352,112.69		65,478.69		417,591.38		5,749,908.23		1,179.54
7012008	20012401	MISSISSIPPI V		10,000.00		150.00		10,150.00		10,000.00		2.75		paid
10012011	20000101	ALBION COLLEG		90,000.00		7,050.00		97,050.00		470,000.00		129.25		paid
10012011	20018001	ST.EDWARDS		—		598.13		598.13		33,000.00		9.08		paid
10012011	20022601	UNIV.OF STEUB		—		455.63		455.63		27,000.00		7.43		paid
10012011	20022602	UNIV.OF STEUB		—		1,935.00		1,935.00		129,000.00		35.48		paid
11012011	20020001	UNIV. OF ALAB		—		14,265.00		14,265.00		951,000.00		(261.53	)	unpaid
11012011	20021301	UNIV OF MONTE		—		2,160.00		2,160.00		144,000.00		(39.60	)	unpaid
												1,062.40		Service Fees due
SF STILL DUE:
10012010	20004001	COLL.OF ST. T		—		3,900.00		3,900.00		260,000.00		71.50		unpaid
4012011	20004001	COLL.OF ST. T		35,000.00		3,900.00		38,900.00		260,000.00		71.50		unpaid
10012010	20019101	TAYLOR UNIV.		60,000.00		900.00		60,900.00		60,000.00		16.50		unpaid
11012010	20020001	UNIV. OF ALAB		—		15,540.00		15,540.00		1,036,000.00		284.90		unpaid
5012011	20020001	UNIV. OF ALAB		85,000.00		15,540.00		100,540.00		1,036,000.00		284.90		unpaid
7012011	20021401	U OF NEBRASKA		6,000.00		420.00		6,420.00		28,000.00		7.70		unpaid

Page 3 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Paid-in-Full Loans

For the Period of November 01, 2011 through November 30, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
20012401	3/14/2204		19,999.99		19,999.99		—		—	7012008
TOTAL:			19,999.99		19,999.99		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Period of November 01, 2011 through November 30, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

As of November 30, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20000101	ALBION COLLEGE		3		380,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		119,990.60	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		106,800.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		308,000.00	4012017
20002401	BOSTON UNIVERITY		3		505,056.26	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		232,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		665,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		315,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		156,000.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		56,653.69	11012020
20008301	HARCUM COLLEGE		3		200,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		210,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		420,000.00	4012018
20012901	MONTEREY PENINSULA JR. COLLEGE		3		125,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		47,600.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		155,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		52,999.99	10012013
20013502	NEW ENGLAND COLLEGE		3		465,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		339,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		210,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		435,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		579,510.95	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		33,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,744,064.47	8062014
20018901	SWARTHMORE COLLEGE		3		27,575.83	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		93,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		144,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20022601	UNIVERSITY OF STEUBENVILLE		3.375		27,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		129,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,300,000.00	10012019
20023501	McDANIEL COLLEGE		3		450,000.00	11012016
					11,899,251.78

Page 8 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

As of November 30, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20004001	COLLEGE OF ST.THOMAS	10/1/2010		42,800.00		260,000.00
20019101	TAYLOR UNIVERISTY	10/1/2010		62,700.00		60,000.00
20020001	UNIVERSITY OF ALABAMA	11/1/2010		130,345.00		1,036,000.00
20021401	UNIV. OF NEBRASKA/ AG MENS CLUB	1/1/2011		11,915.00		33,000.00
TOTAL				247,760.00		1,389,000.00

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

As of November 30, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Period of December 01, 2010 through December 31, 2010

Collections:
Principal Payments	133,607.42
Interest Payments	15,718.73
Total Principal and Interest Collections	149,326.15
Payments and Reversals Posted to Suspense	—
Total Collections	149,326.15
Less: Servicing Fees (not withheld from remittances)	(239.02	)
Net Collections	149,087.13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Period of December 01, 2010 through December 31, 2010

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
12302010	20002401	BOSTON UNIVER		18,006.82		8,120.10		26,126.92		541,340.00		148.87
12012010	20010801	LONG ISLAND U		0.00		3,675.00		3,675.00		245,000.00		67.38
12012010	20013001	MONTREAT-ANDE		2,800.00		840.00		3,640.00		56,000.00		15.40
12012010	20014401	DOMNION UNIV.		0.00		7,575.00		7,575.00		504,999.99		138.87
12072010	20018701	SUOMI COLLEGE		8,682.42		5,393.10		14,075.52		1,849,061.79		84.75
		TOTALS:		29,489.24		25,603.20		55,092.44		3,196,401.78		455.27
12302010	20002401	BOSTON UNIVER		18,006.82		8,120.10		26,126.92		541,340.00		(148.87	)
12012010	20010801	LONG ISLAND U		0.00		3,675.00		3,675.00		245,000.00		(67.38	)
												239.02		Service Fees due
SF STILL DUE:
7012008	20012401	MISSISSIPPI V		10,000.00		150.00		10,150.00		10,000.00		2.75		unpaid for 7/07 - SF still due
10012009	20022701	UNIV OF VERMO		68,000.00		24,720.00		92,720.00		1,648,000.00		453.20		unpaid for 10/09 - SF still due
4012010	20022701	UNIV OF VERMO		68,000.00		23,700.00		91,700.00		1,580,000.00		434.50		unpaid for 04/10 - SF still due
10012010	20022701	UNIV OF VERMO		70,000.00		22,680.00		92,680.00		1,512,000.00		415.80		unpaid for 10/10 - SF still due
10012010	20001301	AUGSBERG COLL		0.00		8,400.00		8,400.00		560,000.00		(154.00	)	unpaid
10012010	20001401	AZUSA UNIVERS		0.00		5,295.00		5,295.00		353,000.00		(97.08	)	unpaid
10012010	20004001	COLL.OF ST. T		0.00		3,900.00		3,900.00		260,000.00		(71.50	)	unpaid
10012010	20012101	MIDDLEBURY CO		27,000.00		7,575.00		34,575.00		505,000.00		(138.88	)	unpaid
10012010	20013502	NEW ENGLAND C		0.00		7,725.00		7,725.00		515,000.00		(141.63	)	unpaid
10012010	20019101	TAYLOR UNIV.		60,000.00		900.00		60,900.00		60,000.00		(16.50	)	unpaid
11012010	20020001	UNIV. OF ALAB		0.00		15,540.00		15,540.00		1,036,000.00		(284.90	)	unpaid
11012010	20021301	UNIV OF MONTE		0.00		2,310.00		2,310.00		154,000.00		(42.35	)	unpaid

Page 3 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Paid-in-Full Loans

For the Period of December 01, 2010 through December 31, 2010

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTAL:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Period of December 01, 2010 through December 31, 2010

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

As of December 31, 2010

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20000101	ALBION COLLEGE		3		470,025.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		128,186.89	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		541,340.00	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		267,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		785,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		176,025.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		62,061.73	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		478,025.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		53,200.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,050.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		86,049.99	10012013
20013502	NEW ENGLAND COLLEGE		3		515,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		504,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		631,512.17	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		49,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,840,379.37	8062014
20018901	SWARTHMORE COLLEGE		3		38,044.16	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,050.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		178,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		805,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20021701	UNIVERSITY OF NOTRE DAME - BONDS 1968		3		840,000.00	4012018
20022601	UNIVERSITY OF STEUBENVILLE		3.375		52,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		148,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,648,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
					15,363,949.29

Page 8 of 13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

As of December 31, 2010

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE	7/1/2007		21,499.99		19,999.99
20022701	UNIV OF VERMONT	4/1/2009		277,145.00		1,648,000.00
20000101	ALBION COLLEGE	10/1/2010		25.00		470,025.00
20001301	AUGSBERG COLLEGE	10/1/2010		8,400.00		560,000.00
20001401	AZUSA UNIVERSITY	10/1/2010		5,295.00		353,000.00
20004001	COLLEGE OF ST.THOMAS	10/1/2010		3,900.00		260,000.00
20004401	R.I. JR. COLLEGE	10/1/2010		25.00		176,025.00
20012101	MIDDLEBURY COLLEGE	10/1/2010		7,600.00		478,025.00
20013501	NEW ENGLAND COLLEGE	10/1/2010		50.00		86,049.99
20013502	NEW ENGLAND COLLEGE	10/1/2010		7,725.00		515,000.00
20019101	TAYLOR UNIVERSITY	10/1/2010		60,900.00		60,000.00
20022602	UNIVERSITY OF STEUBENVILLE	10/1/2010		2,220.00		148,000.00
20013301	MORRIS COLLEGE	11/1/2010		50.00		228,050.00
20019201	TEMPLE UNIV	11/1/2010		50.00		128,050.00
20020001	UNIV OF ALABAMA	11/1/2010		15,540.00		1,036,000.00
20021301	UNIV OF MONTEVALLO	11/1/2010		2,310.00		154,000.00
TOTAL				412,734.99		6,320,224.98

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

As of December 31, 2010

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Quarter Ended December 31, 2010

Collections:

	October			November			December
Principal Payments		129,700.94			326,254.52			133,607.42
Interest Payments		50,769.19			73,211.63			15,718.73
Total Principal and Interest Collections		180,470.13			399,466.15			149,326.15
Payments and Reversals Posted to Suspense		—			—			—
Total Collections		180,470.13			399,466.15			149,326.15
Less: Servicing Fees (not withheld from remittances)		(863.25	)		(1,480.25	)		(239.02	)
Net Collections		179,606.88			397,985.90			149,087.13

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Quarter Ended December 31, 2010

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
October
10012010	20000101	ALBION COLLEG		90,000.00		8,400.00		98,400.00		560,000.00		154.00
10012010	20001301	AUGSBERG COLL		—		8,400.00		8,400.00		560,000.00		154.00
10012010	20001401	AZUSA UNIVERS		—		5,295.00		5,295.00		353,000.00		97.08
10012010	20003001	CASE WESTERN		—		11,775.00		11,775.00		785,000.00		215.88
10012010	20004001	COLL.OF ST. T		—		3,900.00		3,900.00		260,000.00		71.50
10012010	20004401	R.I. JR. COLL		10,000.00		2,790.00		12,790.00		186,000.00		51.15
10012010	20012101	MIDDLEBURY CO		27,000.00		7,575.00		34,575.00		505,000.00		138.88
10012010	20012901	MONTEREY JR C		15,000.00		2,325.00		17,325.00		155,000.00		42.63
10012010	20013501	NEW ENGLAND C		32,000.00		2,138.75		34,138.75		118,049.99		32.46
10012010	20013502	NEW ENGLAND C		—		7,725.00		7,725.00		515,000.00		141.63
10012010	20018001	ST.EDWARDS		—		888.13		888.13		49,000.00		13.48
10072010	20018701	SUOMI COLLEGE		8,632.52		5,443.00		14,075.52		1,866,171.41		85.53
10012010	20019101	TAYLOR UNIV.		60,000.00		900.00		60,900.00		60,000.00		16.50
10012010	20021701	UNIV. OF NOTR		—		12,600.00		12,600.00		840,000.00		231.00
10012010	20022601	UNIV.OF STEUB		—		877.50		877.50		52,000.00		14.30
10012010	20022602	UNIV.OF STEUB		—		2,220.00		2,220.00		148,000.00		40.70
10012010	20022701	UNIV OF VERMO		70,000.00		22,680.00		92,680.00		1,512,000.00		415.80
		TOTALS:		312,632.52		105,932.38		418,564.90		8,524,221.40		1,916.52
10012010	20000101	ALBION COLLEG		90,000.00		8,400.00		98,400.00		560,000.00		(154.00	)
10012010	20001301	AUGSBERG COLL		0.00		8,400.00		8,400.00		560,000.00		(154.00	)
10012010	20001401	AZUSA UNIVERS		0.00		5,295.00		5,295.00		353,000.00		(97.08	)
10012010	20003001	CASE WESTERN		0.00		11,775.00		11,775.00		785,000.00		(215.88	)
10012010	20004001	COLL.OF ST. T		0.00		3,900.00		3,900.00		260,000.00		(71.50	)
10012010	20004401	R.I. JR. COLL		10,000.00		2,790.00		12,790.00		186,000.00		(51.15	)
10012010	20012101	MIDDLEBURY CO		27,000.00		7,575.00		34,575.00		505,000.00		(138.88	)
10012010	20013502	NEW ENGLAND C		0.00		7,725.00		7,725.00		515,000.00		(141.63	)
10012010	20018001	ST.EDWARDS		0.00		888.13		888.13		49,000.00		(13.48	)
10012010	20019101	TAYLOR UNIV.		60,000.00		900.00		60,900.00		60,000.00		(16.50	)
10012010	20022601	UNIV.OF STEUB		0.00		877.50		877.50		52,000.00		(14.30	)
10012010	20022602	UNIV.OF STEUB		0.00		2,220.00		2,220.00		148,000.00		(40.70	)
10012010	20022701	UNIV OF VERMO		70,000.00		22,680.00		92,680.00		1,512,000.00		(415.80	)
4012009	20022701	UNIV OF VERMO		67,000.00		25,725.00		92,725.00		1,715,000.00		471.63		NOW PAID FOR 4/1/09
												863.25		Service Fees due
November
11012010	20001201	ATLANTIC UNIO		4,007.52		1,982.92		5,990.44		132,194.41		36.35
11012010	20002801	CARNEGIE-MELL		17,000.00		4,260.00		21,260.00		284,000.00		78.10
11012010	20006502	FAIRLEIGH DIC		2,644.23		970.59		3,614.82		64,705.96		17.79
11012010	20008301	HARCUM JR COL		45,000.00		4,350.00		49,350.00		290,000.00		79.75
11012010	20013301	MORRIS COLLEG		71,000.00		4,485.00		75,485.00		299,050.00		82.24
11012010	20016401	CALIFORNIA ST		15,000.00		3,675.00		18,675.00		245,000.00		67.38
11012010	20016501	CALIFORNIA ST		35,000.00		7,575.00		42,575.00		505,000.00		138.88
11012010	20016601	SARAH LAWRENC		25,425.67		9,854.07		35,279.74		656,937.84		180.66
11072010	20018701	SUOMI COLLEGE		8,477.10		5,598.42		14,075.52		1,857,538.89		85.14
11012010	20018901	SWARTHMORE CO		5,118.42		647.44		5,765.86		43,162.58		11.87
11012010	20019201	TEMPLE UNIV.		35,000.00		2,750.63		37,750.63		163,000.00		44.83
11012010	20020001	UNIV. OF ALAB		—		15,540.00		15,540.00		1,036,000.00		284.90
11012010	20021301	UNIV OF MONTE		—		2,310.00		2,310.00		154,000.00		42.35
11012010	20023501	WSTRN MARYLAN		80,000.00		9,150.00		89,150.00		610,000.00		167.75
		TOTALS:		343,672.94		73,149.07		416,822.01		6,340,589.68		1,317.99
10012010	20000101	ALBION COLLEG		90,000.00		8,400.00		98,400.00		560,000.00		154.00		PAID
10012010	20003001	CASE WESTERN		0.00		11,775.00		11,775.00		785,000.00		215.88		PAID
10012010	20004401	R.I. JR. COLL		10,000.00		2,790.00		12,790.00		186,000.00		51.15		PAID

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Quarter Ended December 31, 2010

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
10012010	20018001	ST.EDWARDS		0.00		888.13		888.13		49,000.00		13.48		PAID
10012010	20022601	UNIV.OF STEUB		0.00		877.50		877.50		52,000.00		14.30		PAID
10012010	20022602	UNIV.OF STEUB		0.00		2,220.00		2,220.00		148,000.00		40.70		PAID
11012010	20020001	UNIV. OF ALAB		0.00		15,540.00		15,540.00		1,036,000.00		(284.90	)
11012010	20021301	UNIV OF MONTE		0.00		2,310.00		2,310.00		154,000.00		(42.35	)
												1,480.25		Service Fees due
December
12302010	20002401	BOSTON UNIVER		18,006.82		8,120.10		26,126.92		541,340.00		148.87
12012010	20010801	LONG ISLAND U		0.00		3,675.00		3,675.00		245,000.00		67.38
12012010	20013001	MONTREAT-ANDE		2,800.00		840.00		3,640.00		56,000.00		15.40
12012010	20014401	DOMNION UNIV.		0.00		7,575.00		7,575.00		504,999.99		138.87
12072010	20018701	SUOMI COLLEGE		8,682.42		5,393.10		14,075.52		1,849,061.79		84.75
		TOTALS:		29,489.24		25,603.20		55,092.44		3,196,401.78		455.27
12302010	20002401	BOSTON UNIVER		18,006.82		8,120.10		26,126.92		541,340.00		(148.87	)
12012010	20010801	LONG ISLAND U		—		3,675.00		3,675.00		245,000.00		(67.38	)
												239.02		Service Fees due
	TOTALS FOR QTR			685,794.70		204,684.65		890,479.35		18,061,212.86		2,582.52

Berkadia Commercial Mortgage

College and University Loan Trust I

Paid In Full Loan Schedule

For the Quarter Ended December 31, 2010

Loan Number	Payoff Date	Total Amount		Principal Amount		Interest Amount		Other Fees		Maturity Date
None to report for this period
Totals			—		—		—		—

* Please note that service fees have not yet been deducted.

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Quarter Ended December 31, 2010

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
None to report for this period
							—
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

For the Quarter Ended December 31, 2010

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
October
20000101	ALBION COLLEGE		3		560,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		132,194.41	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		541,340.00	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		267,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		785,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		186,000.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		64,705.96	11012020
20008301	HARCUM COLLEGE		3		290,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		505,000.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		56,000.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		299,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		86,049.99	10012013
20013502	NEW ENGLAND COLLEGE		3		515,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		504,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		245,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		505,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		656,937.84	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		49,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,857,538.89	8062014
20018901	SWARTHMORE COLLEGE		3		38,044.16	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		163,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		178,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		805,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20021701	UNIVERSITY OF NOTRE DAME - BONDS 1968		3		840,000.00	4012018
20022601	UNIVERSITY OF STEUBENVILLE		3.375		52,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		148,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,648,000.00	10012019
20023501	McDANIEL COLLEGE		3		610,000.00	11012016
	TOTALS:				15,823,811.23
November
20000101	ALBION COLLEGE		3		560,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		128,186.89	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		541,340.00	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		267,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		785,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017

Page 9 of 14

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

For the Quarter Ended December 31, 2010

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20004401	R.I. JR. COLLEGE		3		176,025.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		62,061.73	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		478,025.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		53,200.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,050.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		86,049.99	10012013
20013502	NEW ENGLAND COLLEGE		3		515,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		504,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		631,512.17	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		49,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,849,061.79	8062014
20018901	SWARTHMORE COLLEGE		3		38,044.16	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		163,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		178,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		805,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20021701	UNIVERSITY OF NOTRE DAME - BONDS 1968		3		840,000.00	4012018
20022601	UNIVERSITY OF STEUBENVILLE		3.375		52,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		148,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,648,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
	TOTALS:				15,497,556.71
December
20000101	ALBION COLLEGE		3		470,025.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		128,186.89	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		541,340.00	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		267,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		785,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		176,025.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		62,061.73	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		478,025.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		53,200.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,050.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		86,049.99	10012013
20013502	NEW ENGLAND COLLEGE		3		515,000.00	4012019

Page 10 of 14

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

For the Quarter Ended December 31, 2010

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20014401	OLD DOMINION UNIVERSITY		3		504,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		631,512.17	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		49,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,840,379.37	8062014
20018901	SWARTHMORE COLLEGE		3		38,044.16	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,050.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		178,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		805,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20021701	UNIVERSITY OF NOTRE DAME - BONDS 1968		3		840,000.00	4012018
20022601	UNIVERSITY OF STEUBENVILLE		3.375		52,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		148,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,648,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
					15,363,949.29

Page 11 of 14

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

For the Quarter Ended December 31, 2010

Loan Number	Borrower Name	Next Payment Due		P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE		39264		21,499.99		19,999.99
20022701	UNIV OF VERMONT		39904		277,145.00		1,648,000.00
20000101	ALBION COLLEGE		40452		25.00		470,025.00
20001301	AUGSBERG COLLEGE		40452		8,400.00		560,000.00
20001401	AZUSA UNIVERSITY		40452		5,295.00		353,000.00
20004001	COLLEGE OF ST.THOMAS		40452		3,900.00		260,000.00
20004401	R.I. JR. COLLEGE		40452		25.00		176,025.00
20012101	MIDDLEBURY COLLEGE		40452		7,600.00		478,025.00
20013501	NEW ENGLAND COLLEGE		40452		50.00		86,049.99
20013502	NEW ENGLAND COLLEGE		40452		7,725.00		515,000.00
20019101	TAYLOR UNIVERSITY		40452		60,900.00		60,000.00
20022602	UNIVERSITY OF STEUBENVILLE		40452		2,220.00		148,000.00
20013301	MORRIS COLLEGE		40483		50.00		228,050.00
20019201	TEMPLE UNIV		40483		50.00		128,050.00
20020001	UNIV OF ALABAMA		40483		15,540.00		1,036,000.00
20021301	UNIV OF MONTEVALLO		40483		2,310.00		154,000.00
TOTAL					412,734.99		6,320,224.98

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

For the Quarter Ended December 31, 2010

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Quarter Ended March 31, 2011

Collections:

	January			February			March
Principal Payments		26,535.64			214,554.53			514,312.10
Interest Payments		19,266.80			76,665.99			23,899.05
Total Principal and Interest Collections		45,802.44			291,220.52			538,211.15
Payments and Reversals Posted to Suspense		—			—			—
Total Collections		45,802.44			291,220.52			538,211.15
Less: Servicing Fees (not withheld from remittances)		(321.77	)		(1,387.46	)		(353.90	)
Net Collections		45,480.67			289,833.06			537,857.25

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Quarter Ended March 31, 2011

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
January
01012011		20003901	COLL. OF CHAR		—		5,625.00		5,625.00		375,000.00		103.13
01072011		20018701	SUOMI COLLEGE		8,528.82		5,546.70		14,075.52		1,840,379.37		84.35
12302010		20002401	BOSTON UNIVER		18,006.82		8,120.10		26,126.92		541,340.00		148.87
			TOTALS:		26,535.64		19,291.80		45,827.44		2,756,719.37		336.35
01012011		20012401	MISSISSIPPI V		0.00		300.00		300.00		19,999.99		(5.50	)
01012011		20021401	U OF NEBRASKA		5,000.00		495.00		5,495.00		33,000.00		(9.08	)
													321.77		Service Fees due
February
02072011		20018701	SUOMI COLLEGE		8,554.53		5,520.99		14,075.52		1,831,850.55		83.96
			TOTALS:		8,554.53		5,520.99		14,075.52		1,831,850.55		83.96
10012009		20022701	UNIV OF VERMO		68,000.00		24,720.00		92,720.00		1,648,000.00		453.20
4012010		20022701	UNIV OF VERMO		68,000.00		23,700.00		91,700.00		1,580,000.00		434.50
10012010		20022701	UNIV OF VERMO		70,000.00		22,680.00		92,680.00		1,512,000.00		415.80
													1,387.46		Service Fees due
March
03072011		20018701	SUOMI COLLEGE		9,112.10		4,963.42		14,075.52		1,823,296.02		83.57
03012011		20019502	TEXAS TECH UN		55,000.00		3,226.25		58,226.25		178,000.00		48.95
03012011		20019504	TEXAS TECH UN		450,000.00		13,584.38		463,584.38		805,000.00		221.38
			TOTALS:		514,112.10		21,774.05		535,886.15		2,806,296.02		353.90
													353.90		Service Fees due
			TOTALS FOR QTR		549,202.27		46,586.84		595,789.11		7,394,865.94		2,063.13

Berkadia Commercial Mortgage

College and University Loan Trust I

Paid In Full Loan Schedule

For the Quarter Ended March 31, 2011

Loan Number	Payoff Date	Total Amount		Principal Amount		Interest Amount		Other Fees		Maturity Date
None to report for this period
Totals			—		—		—		—

* Please note that service fees have not yet been deducted.

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Quarter Ended March 31, 2011

Loan Number		Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
None to report for this period
								—
	TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

For the Quarter Ended March 31, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
January
20000101	ALBION COLLEGE		3		470,025.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		128,186.89	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		523,333.18	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		267,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		785,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		176,025.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		62,061.73	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		478,025.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		53,200.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,050.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		86,049.99	10012013
20013502	NEW ENGLAND COLLEGE		3		515,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		504,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		631,512.17	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		49,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,831,850.55	8062014
20018901	SWARTHMORE COLLEGE		3		38,044.16	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,050.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		178,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		805,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20021701	UNIVERSITY OF NOTRE DAME - BONDS 1968		3		840,000.00	4012018
20022601	UNIVERSITY OF STEUBENVILLE		3.375		52,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		148,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,648,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
	TOTALS:				15,337,413.65
February
20000101	ALBION COLLEGE		3		470,025.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		128,186.89	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		523,333.18	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		267,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		785,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017

Page 7 of 12

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

For the Quarter Ended March 31, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20004401	R.I. JR. COLLEGE		3		176,025.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		62,061.73	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		478,025.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		53,200.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,050.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		86,049.99	10012013
20013502	NEW ENGLAND COLLEGE		3		515,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		504,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		631,512.17	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		49,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,823,296.02	8062014
20018901	SWARTHMORE COLLEGE		3		38,044.16	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,050.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		178,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		805,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20021701	UNIVERSITY OF NOTRE DAME - BONDS 1968		3		840,000.00	4012018
20022601	UNIVERSITY OF STEUBENVILLE		3.375		52,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		148,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,442,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
	TOTALS:				15,122,859.12
March
20000101	ALBION COLLEGE		3		470,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		128,186.89	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		523,333.18	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		267,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		785,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		176,000.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		62,061.73	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		478,025.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		53,200.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		85,999.99	10012013
20013502	NEW ENGLAND COLLEGE		3		515,000.00	4012019

Page 8 of 12

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

For the Quarter Ended March 31, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20014401	OLD DOMINION UNIVERSITY		3		504,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		631,512.17	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		49,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,814,183.92	8062014
20018901	SWARTHMORE COLLEGE		3		38,044.16	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20021701	UNIVERSITY OF NOTRE DAME - BONDS 1968		3		840,000.00	4012018
20022601	UNIVERSITY OF STEUBENVILLE		3.375		52,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		148,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,442,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
					14,608,547.02

Page 9 of 12

Berkadia Commercial Mortgage

College and University Loan Trust I

Delinquency Report (60+Days)

For the Quarter Ended March 31, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE	7/1/2007		21,799.99	19,999.99
20001301	AUGSBERG COLLEGE	10/1/2010		8,400.00	560,000.00
20001401	AZUSA UNIVERSITY	10/1/2010		5,295.00	353,000.00
20004001	COLLEGE OF ST.THOMAS	10/1/2010		3,900.00	260,000.00
20012101	MIDDLEBURY COLLEGE	10/1/2010		7,600.00	478,025.00
20013502	NEW ENGLAND COLLEGE	10/1/2010		7,725.00	515,000.00
20019101	TAYLOR UNIVERSITY	10/1/2010		60,900.00	60,000.00
20022602	UNIVERSITY OF STEUBENVILLE	10/1/2010		2,220.00	148,000.00
20020001	UNIV OF ALABAMA	11/1/2010		15,540.00	1,036,000.00
20021301	UNIV OF MONTEVALLO	11/1/2010		2,310.00	154,000.00
20010801	LONG ISLAND UNIVERSITY	12/1/2010		3,675.00	245,000.00
20021401	U OF NEBRASKA	1/1/2011		5,495.00	33,000.00
TOTAL				144,859.99	3,862,024.99

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

For the Quarter Ended March 31, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Quarter Ended June 30, 2011

Collections:
	April			May			June
Principal Payments		1,116,147.97			87,417.85			241,937.18
Interest Payments		81,878.41			56,531.30			37,849.01
Total Principal and Interest Collections		1,198,026.38			143,949.15			279,786.19
Payments and Reversals Posted to Suspense		5,640.00			(5,640.00	)		—
Total Collections		1,203,666.38			138,309.15			279,786.19
Less: Servicing Fees (not withheld from remittances)		(1,325.24	)		(1,154.68	)		(686.68	)
Net Collections		1,202,341.14			137,154.47			279,099.51

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Quarter Ended June 30, 2011

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
April
04012011	20003001	CASE WESTERN		120,000.00		11,775.00		131,775.00		785,030.00		215.88
04012011	20004401	R.I. JR. COLL		10,000.00		2,640.00		12,640.00		176,000.00		48.40
04012011	20012101	MIDDLEBURY CO		28,000.00		7,170.00		35,170.00		478,430.00		131.57
04072011	20018701	SUOMI COLLEGE		8,607.77		5,467.75		14,075.52		1,814,183.92		83.15
04012011	20021701	UNIV. OF NOTR		90,000.00		12,600.00		102,600.00		840,000.00		231.00
04012011	20022602	UNIV.OF STEUB		19,000.00		2,220.00		21,220.00		150,220.00		41.31
04012011	20022701	UNIV OF VERMO		70,000.00		21,630.00		91,630.00		1,442,000.00		396.55
04012011	20012901	MONTEREY JR C		—		2,100.00		2,100.00		140,000.00		38.50
04012011	20000101	ALBION COLLEG		—		7,050.00		7,050.00		470,000.00		129.25
04012011	20001301	AUGSBERG COLL		90,000.00		8,400.00		98,400.00		560,000.00		154.00
04012011	20001401	AZUSA UNIVERS		45,000.00		5,295.00		50,295.00		353,000.00		97.08
04012011	20004001	COLL.OF ST. T		35,000.00		3,900.00		38,900.00		260,000.00		71.50
04012011	20013501	NEW ENGLAND C		—		1,558.75		1,558.75		85,999.99		23.65
04012011	20013502	NEW ENGLAND C		50,000.00		7,725.00		57,725.00		515,000.00		141.63
04012011	20018001	ST.EDWARDS		16,000.00		888.13		16,888.13		65,000.00		17.88
04012011	20019101	TAYLOR UNIV.		—		900.00		900.00		—		—
04012011	20022601	UNIV.OF STEUB		25,000.00		877.50		25,877.50		52,000.00		14.30
		TOTALS:		606,607.77		102,197.13		708,804.90		8,186,863.91		1,835.65
10012010	20012101	MIDDLEBURY CO		27,000.00		7,575.00		34,575.00		505,000.00		138.88
04012011	20000101	ALBION COLLEG		0.00		7,050.00		7,050.00		470,000.00		(129.25	)	unpaid
04012011	20001301	AUGSBERG COLL		90,000.00		8,400.00		98,400.00		560,000.00		(154.00	)	unpaid
04012011	20001401	AZUSA UNIVERS		45,000.00		5,295.00		50,295.00		353,000.00		(97.08	)	unpaid
04012011	20004001	COLL.OF ST. T		35,000.00		3,900.00		38,900.00		260,000.00		(71.50	)	unpaid
04012011	20013501	NEW ENGLAND C		0.00		1,558.75		1,558.75		85,999.99		(23.65	)	unpaid
04012011	20013502	NEW ENGLAND C		50,000.00		7,725.00		57,725.00		515,000.00		(141.63	)	unpaid
04012011	20018001	ST.EDWARDS		16,000.00		888.13		16,888.13		65,000.00		(17.88	)	unpaid
04012011	20022601	UNIV.OF STEUB		25,000.00		877.50		25,877.50		52,000.00		(14.30	)	unpaid
												1,325.24		Service Fees due
May
5012011	20001201	ATLANTIC UNIO		4,067.64		1,922.80		5,990.44		128,186.89		35.25
5012011	20002801	CARNEGIE-MELL		18,000.00		4,005.00		22,005.00		267,000.00		73.43
5012011	20006502	FAIRLEIGH DIC		2,683.89		930.93		3,614.82		62,061.73		17.07
5012011	20008301	HARCUM JR COL		0.00		3,675.00		3,675.00		245,000.00		67.38
5012011	20013301	MORRIS COLLEG		0.00		3,420.00		3,420.00		228,000.00		62.70
5012011	20016401	CALIFORNIA ST		0.00		3,450.00		3,450.00		230,000.00		63.25
5012011	20016501	CALIFORNIA ST		0.00		7,050.00		7,050.00		470,000.00		129.25
5012011	20016601	SARAH LAWRENC		25,807.06		9,472.68		35,279.74		631,512.17		173.67
5072011	20018701	SUOMI COLLEGE		8,809.26		5,266.26		14,075.52		1,805,576.15		82.76
5012011	20018901	SWARTHMORE CO		5,195.20		570.66		5,765.86		38,044.16		10.46
5012011	20019201	TEMPLE UNIV.		0.00		2,160.00		2,160.00		128,000.00		35.20
5012011	20020001	UNIV. OF ALAB		85,000.00		15,540.00		100,540.00		1,036,000.00		284.90
5012011	20021301	UNIV OF MONTE		10,000.00		2,310.00		12,310.00		154,000.00		42.35
5012011	20023501	WSTRN MARYLAN		0.00		7,950.00		7,950.00		530,000.00		145.75
		TOTALS:		159,563.05		67,723.33		227,286.38		5,953,381.10		1,223.42
4012011	20000101	ALBION COLLEG		0.00		7,050.00		7,050.00		470,000.00		129.25		paid 5/12/11
10012010	20001401	AZUSA UNIVERS		0.00		5,295.00		5,295.00		353,000.00		97.08		paid 5/17/11
4012011	20018001	ST.EDWARDS		16,000.00		888.13		16,888.13		65,000.00		17.88		paid 5/12/11
4012011	20022601	UNIV.OF STEUB		25,000.00		877.50		25,877.50		52,000.00		14.30		paid 5/12/11
5012011	20020001	UNIV. OF ALAB		85,000.00		15,540.00		100,540.00		1,036,000.00		(284.90	)	unpaid
5012011	20021301	UNIV OF MONTE		10,000.00		2,310.00		12,310.00		154,000.00		(42.35	)	unpaid
												1,154.68		Service Fees due

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
June
6302011	20002401	BOSTON UNIVER		18,276.92		7,850.00		26,126.92		523,333.18		143.92
6012011	20014401	DOMNION UNIV.		165,000.00		7,575.00		172,575.00		504,999.99		138.87
6072011	20018701	SUOMI COLLEGE		8,660.26		5,415.26		14,075.52		1,796,766.89		82.35
6012011	20013001	MONTREAT-ANDE		2,800.00		798.00		3,598.00		53,200.00		14.63
6012011	20010801	LONG ISLAND U		35,000.00		3,675.00		38,675.00		245,000.00		67.38
		TOTALS:		229,737.18		25,313.26		255,050.44		3,123,300.06		447.15
4012011	20013501	NEW ENGLAND C		0.00		1,558.75		1,558.75		85,999.99		23.65		paid 6/28
10012010	20013502	NEW ENGLAND C		0.00		7,725.00		7,725.00		515,000.00		141.63		paid 6/28
4012011	20013502	NEW ENGLAND C		50,000.00		7,725.00		57,725.00		515,000.00		141.63		paid 6/28
6012011	20010801	LONG ISLAND U		35,000.00		3,675.00		38,675.00		245,000.00		(67.38	)	unpaid
												686.68		Service Fees due
TOTALS FOR QTR				995,908.00		195,233.72		1,191,141.72		17,263,545.07		3,166.60

Berkadia Commercial Mortgage

College and University Loan Trust I

Paid In Full Loan Schedule

For the Quarter Ended June 30, 2011

Loan Number	Payoff Date		Total Amount		Principal Amount		Interest Amount		Other Fees		Maturity Date
20021701		4/1/2011		750,000.00		750,000.00		—			4012018
Totals				750,000.00		750,000.00		—		—

* Please note that service fees have not yet been deducted.

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Quarter Ended June 30, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
None to report for this period
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

For the Quarter Ended June 30, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
April
20000101	ALBION COLLEGE		3		470,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		128,186.89	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		523,333.18	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		249,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		665,030.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		166,000.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		62,061.73	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		450,430.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		53,200.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		85,999.99	10012013
20013502	NEW ENGLAND COLLEGE		3		515,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		504,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		631,512.17	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		49,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,805,576.15	8062014
20018901	SWARTHMORE COLLEGE		3		32,848.96	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20022601	UNIVERSITY OF STEUBENVILLE		3.375		52,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		131,220.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,372,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
	TOTALS:				13,492,399.05
May
20000101	ALBION COLLEGE		3		470,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		124,119.25	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		523,333.18	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		249,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		665,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		166,000.00	4012018

Page 9 of 14

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

For the Quarter Ended June 30, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		59,377.84	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		450,430.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		50,400.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		85,999.99	10012013
20013502	NEW ENGLAND COLLEGE		3		515,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		504,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		605,705.11	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		33,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,796,766.89	8062014
20018901	SWARTHMORE COLLEGE		3		32,848.96	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20022601	UNIVERSITY OF STEUBENVILLE		3.375		27,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		129,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,372,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
	TOTALS:				13,404,981.20
June
20000101	ALBION COLLEGE		3		470,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		124,119.25	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		353,000.00	4012017
20002401	BOSTON UNIVERITY		3		505,056.26	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		249,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		665,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		375,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		166,000.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		59,377.84	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		245,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		450,430.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		50,400.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		85,999.99	10012013
20013502	NEW ENGLAND COLLEGE		3		465,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		339,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021

Page 10 of 14

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

For the Quarter Ended June 30, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		605,705.11	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		33,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,788,106.63	8062014
20018901	SWARTHMORE COLLEGE		3		32,848.96	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		154,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20022601	UNIVERSITY OF STEUBENVILLE		3.375		27,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		129,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,372,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
					13,163,044.02

Page 11 of 14

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

For the Quarter Ended June 30, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE	7/1/2007		21,799.99		19,999.99
20001301	AUGSBERG COLLEGE	10/1/2010		106,800.00		560,000.00
20004001	COLLEGE OF ST.THOMAS	10/1/2010		42,800.00		260,000.00
20019101	TAYLOR UNIVERSITY	10/1/2010		61,800.00		60,000.00
20020001	UNIV OF ALABAMA	11/1/2010		116,080.00		1,036,000.00
20021301	UNIV OF MONTEVALLO	11/1/2010		14,620.00		154,000.00
20010801	LONG ISLAND UNIVERSITY	12/1/2010		3,675.00		245,000.00
20021401	U OF NEBRASKA	1/1/2011		5,495.00		33,000.00
20001401	AZUSA UNIVERSITY	4/1/2011		50,295.00		353,000.00
20012101	MIDDLEBURY COLLEGE	4/1/2011		7,600.00		450,430.00
TOTAL				430,964.99		3,171,429.99

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

For the Quarter Ended June 30, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Collection Account Activity Report

For the Quarter Ended September 30, 2011

Collections:

	July			August			September
Principal Payments		158,860.21			9,143.07			23,739.33
Interest Payments		28,105.31			12,532.45			15,656.20
Total Principal and Interest Collections		186,965.52			21,675.52			39,395.53
Payments and Reversals Posted to Suspense		—			—			—
Total Collections		186,965.52			21,675.52			39,395.53
Less: Servicing Fees (not withheld from remittances)		(501.62	)		(81.55	)		(212.61	)
Net Collections		186,463.90			21,593.97			39,182.92

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Service Fees Schedule

For the Quarter Ended September 30, 2011

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
July
07012011	20003901	COLL. OF CHAR		60,000.00		5,625.00		65,625.00		375,000.00		103.13
07072011	20018701	SUOMI COLLEGE		8,860.21		5,215.31		14,075.52		1,788,106.63		81.95
07012011	20021401	U OF NEBRASKA		6,000.00		420.00		6,420.00		28,000.00		7.70
		TOTALS:		74,860.21		11,260.31		86,120.52		2,191,106.63		192.78
06012011	20010801	LONG ISLAND U		35,000.00		3,675.00		38,675.00		245,000.00		67.38		paid
4012011	20001401	AZUSA UNIVERS		45,000.00		5,295.00		50,295.00		353,000.00		97.08		PAID
11012010	20021301	UNIV OF MONTE		0.00		2,310.00		2,310.00		154,000.00		42.35		PAID
5012011	20021301	UNIV OF MONTE		10,000.00		2,310.00		12,310.00		154,000.00		42.35		PAID
12012010	20010801	LONG ISLAND U		0.00		3,675.00		3,675.00		245,000.00		67.38		PAID
07012011	20021401	U OF NEBRASKA		6,000.00		420.00		6,420.00		28,000.00		(7.70	)	unpaid
												501.62		Service Fees due
August
8072011	20018701	SUOMI COLLEGE		8,713.07		5,362.45		14,075.52		1,779,246.42		81.55
		TOTALS:		8,713.07		5,362.45		14,075.52		1,779,246.42		81.55
												81.55		Service Fees due
September
9072011	20018701	SUOMI COLLEGE		8,739.33		5,336.19		14,075.52		1,770,533.35		81.15
9012011	20019502	TEXAS TECH UN		0.00		2,229.38		2,229.38		123,000.00		33.83
9012011	20019504	TEXAS TECH UN		0.00		5,990.63		5,990.63		355,000.00		97.63
		TOTALS:		8,739.33		13,556.20		22,295.53		2,248,533.35		212.61
												212.61		Service Fees due
TOTALS FOR QTR				92,312.61		30,178.96		122,491.57		6,218,886.40		795.78

Berkadia Commercial Mortgage

College and University Loan Trust I

Paid In Full Loan Schedule

For the Quarter Ended September 30, 2011

Loan Number	Payoff Date	Total Amount		Principal Amount		Interest Amount		Other Fees		Maturity Date
None to report for this period
Totals			—		—		—		—

* Please note that service fees have not yet been deducted.

Berkadia Commercial Mortgage

College and University Loan Trust I

Summary of Partial Prepayments

For the Quarter Ended September 30, 2011

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount
None to report for this period
							—
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

For the Quarter Ended September 30, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
July
20000101	ALBION COLLEGE		3		470,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		124,119.25	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		308,000.00	4012017
20002401	BOSTON UNIVERITY		3		505,056.26	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		249,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		665,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		315,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		166,000.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		59,377.84	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		210,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		450,430.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		50,400.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		85,999.99	10012013
20013502	NEW ENGLAND COLLEGE		3		465,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		339,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		605,705.11	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		33,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,779,246.42	8062014
20018901	SWARTHMORE COLLEGE		3		32,848.96	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		144,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20022601	UNIVERSITY OF STEUBENVILLE		3.375		27,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		129,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,372,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
	TOTALS:				13,004,183.81
August
20000101	ALBION COLLEGE		3		470,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		124,119.25	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		308,000.00	4012017
20002401	BOSTON UNIVERITY		3		505,056.26	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		249,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		665,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		315,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		166,000.00	4012018

Page 7 of 12

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

For the Quarter Ended September 30, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		59,377.84	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		210,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		450,000.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		140,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		50,400.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		85,999.99	10012013
20013502	NEW ENGLAND COLLEGE		3		465,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		339,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSITY		3		230,000.00	11012021
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		605,705.11	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		33,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,770,533.35	8062014
20018901	SWARTHMORE COLLEGE		3		32,848.96	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		144,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20022601	UNIVERSITY OF STEUBENVILLE		3.375		27,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		129,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,372,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
	TOTALS:				12,995,040.74
September
20000101	ALBION COLLEGE		3		470,000.00	10012015
20001201	ATLANTIC UNION COLLEGE		3		124,119.25	5012023
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU		3		560,000.00	4012016
20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850		3		308,000.00	4012017
20002401	BOSTON UNIVERITY		3		505,056.26	12312022
20002801	CARNEGIE MELLON UNIVERSITY		3		249,000.00	11012017
20003001	CASE WESTERN RESERVE UNIVERSIT		3		665,000.00	4012016
20003901	COLLEGE OF CHARLESTON		3		315,000.00	7012016
20004001	COLLEGE OF ST. THOMAS		3		260,000.00	4012017
20004401	R.I. JR. COLLEGE		3		166,000.00	4012018
20006502	FAIRLEIGH DICKINSON UNIVERSITY		3		59,377.84	11012020
20008301	HARCUM COLLEGE		3		245,000.00	11012015
20010801	LONG ISLAND UNIVERSITY		3		210,000.00	6012016
20012101	MIDDLEBURY COLLEGE		3		450,000.00	4012018
20012401	MISSISSIPPI VALLEY ST. COLLEGE		3		19,999.99	7012008
20012901	MONTEREY PENINSULA JR. COLLEGE		3		125,000.00	10012018
20013001	MONTREAT-ANDERSON COLLEGE		3		50,400.00	12012019
20013301	MORRIS COLLEGE - BONDS 1983		3		228,000.00	11012013
20013501	NEW ENGLAND COLLEGE		3.625		85,999.99	10012013
20013502	NEW ENGLAND COLLEGE		3		465,000.00	4012019
20014401	OLD DOMINION UNIVERSITY		3		339,999.99	6012013
20016401	CALIFORNIA STATE UNIVERSIT		3		230,000.00	11012021

Page 8 of 12

Berkadia Commercial Mortgage

College and University Loan Trust I

Trial Balance

For the Quarter Ended September 30, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
20016501	CALIFORNIA STATE UNIVERSITY		3		470,000.00	11012021
20016601	SARAH LAWRENCE COLLEGE		3		605,705.11	11012021
20018001	ST.EDWARDS UNIVERSITY		3.625		33,000.00	4012013
20018701	FINLANDIA UNIVERSITY		3.5		1,761,794.02	8062014
20018901	SWARTHMORE COLLEGE		3		32,848.96	11012013
20019101	TAYLOR UNIVERISTY		3		60,000.00	10012010
20019201	TEMPLE UNIVERSITY		3.375		128,000.00	11012014
20019502	TEXAS TECH. UNIVERSITY		3.625		123,000.00	3012013
20019504	TEXAS TECH. UNIVERSITY		3.375		355,000.00	3012012
20020001	UNIVERSITY OF ALABAMA		3		1,036,000.00	5012021
20021301	UNIVERSITY OF MONTEVALLO		3		144,000.00	5012023
20021401	UNIV.OF NEBRASKA/ AG MENS CLUB		3		33,000.00	1012013
20022601	UNIVERSITY OF STEUBENVILLE		3.375		27,000.00	4012012
20022602	UNIVERSITY OF STEUBENVILLE		3		129,000.00	4012017
20022701	UNIVERSITY OF VERMONT		3		1,372,000.00	10012019
20023501	McDANIEL COLLEGE		3		530,000.00	11012016
					12,971,301.41

Page 9 of 12

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust I

Delinquency Report (60+Days)

For the Quarter Ended September 30, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
20012401	MISSISSIPPI VALLEY ST. COLLEGE	7/1/2007		22,099.99		19,999.99
20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU	10/1/2010		106,800.00		560,000.00
20004001	COLLEGE OF ST.THOMAS	10/1/2010		42,800.00		260,000.00
20019101	TAYLOR UNIVERSITY	10/1/2010		61,800.00		60,000.00
20020001	UNIVERSITY OF ALABAMA	11/1/2010		116,080.00		1,036,000.00
20021401	UNIV. OF NEBRASKA/ AG MENS CLUB	1/1/2011		11,915.00		33,000.00
TOTAL				361,494.99		1,968,999.99

Berkadia Commercial Mortgage

College and University Loan Trust I

Liquidation Report

For the Quarter Ended September 30, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report for January 2011

														DTL
Date Received	Date Due		Loan Number		Borrower Name	Principal Due	Interest Due	Total Due	Principal Balance	Principal Paid	Interest Paid	Suspense	Total Paid	Net System Credits	Total Bank Credits	Trust Wires	ACH Debits and Other Wires
20110104		12302010		20002401	BOSTON UNIVERITY					18,006.82	8,120.10	—	26,126.92
System Credits 1/4														26,126.92
System Debits 1/4														—
Bank Credit 1/4
Bank Debit 1/4
Trustee Wire 1/5
20110107		1072011		20018701	FINLANDIA UNIVERSITY	8,528.82	5,546.70	14,075.52	1,840,379.37	8,528.82	5,546.70	—	14,075.52
System Credits 1/7														14,075.52
System Debits 1/7														—
Bank Credit 1/5															52,253.84
Bank Debit 1/5 (service fees)																		(250.24	)
Bank Debit 1/5 (funds movement adj)																		(26,126.92	)
Trustee Wire 1/5																26,126.92
20110113		1012011		20003901	COLLEGE OF CHARLESTON	—	5,625.00	5,625.00	375,000.00		5,600.00	—	5,600.00
System Credits 1/10														5,600.00
System Debits 1/10														—
Bank Credit 1/10															28,151.04
Bank Debit 1/10 (service fees)																		(239.02	)
Bank Debit 1/10 (funds movement adj)																		(14,075.52	)
Trustee Wire 1/10																13,836.50
System Credits 1/14														—
System Debits 1/14														—
Bank Credit 1/14															11,200.00
Bank Debit 1/14 (funds movement adj)																		(5,600.00	)
Trustee Wire 1/14																5,600.00
TOTALS:						8,528.82	11,171.70	19,700.52	2,215,379.37	26,535.64	19,266.80	—	45,802.44	45,802.44	91,604.88	45,563.42		(46,291.70	)
Loans Due in Current Period and Paid in Prior Period:
TOTALS:						—	—	—	—
Loans Due in Current Period Not Yet Paid:
		01012011		20012401	MISSISSIPPI V	—	300.00	300.00	19,999.99
		01012011		20021401	U OF NEBRASKA	5,000.00	495.00	5,495.00	33,000.00
TOTALS:						5,000.00	795.00	5,795.00	52,999.99
GRAND TOTAL:						13,528.82	11,966.70	25,495.52	2,268,379.36

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

January-11

Total System Credits @ 1/31		45,802.44
Total Bank Credits @ 1/31		91,604.88
12/09/10	Direct to Lender payments applied
01/05/11	funds movement adjustment	(26,126.92	)
01/10/11	funds movement adjustment	(14,075.52	)
01/18/11	funds movement adjustment	(5,600.00	)
Adjusted Bank Credits:		45,802.44
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

January-11

Total Bank Credits @ 1/31		91,604.88
Total Debits to Trustee @ 1/31		45,563.42
01/10/11	Service Fee	239.02
01/05/11	funds movement adjustment	26,126.92
01/10/11	funds movement adjustment	14,075.52
01/18/11	funds movement adjustment	5,600.00
Adjusted Debits to Trustee		91,604.88
		(0.00	)

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report for February 2011

												DTL
Date Received	Date Due	Loan Number	Borrower Name	Principal Due	Interest Due	Total Due	Principal Balance	Principal Paid	Interest Paid	Suspense	Total Paid	Net System Credits	Total Bank Credits	Trust Wires	ACH Debits and Other Wires
20110207	2072011	20018701	FINLANDIA UNIVERSITY	8,554.53	5,520.99	14,075.52	1,831,850.55	8,554.53	5,520.99	—	14,075.52
											—
System Credits 2/7												14,075.52
System Debits 2/7												—
Bank Credit 2/7
Bank Debit 2/7
Trustee Wire 2/7
20110223	4012009	20022701	UNIVERSITY OF VERMONT					—	45.00	—	45.00
20110223	10012009	20022701	UNIVERSITY OF VERMONT					68,000.00	—	—	68,000.00
20110223	10012009	20022701	UNIVERSITY OF VERMONT					—	24,720.00	—	24,720.00
20110223	4012010	20022701	UNIVERSITY OF VERMONT					68,000.00	—	—	68,000.00
20110223	4012010	20022701	UNIVERSITY OF VERMONT					—	23,700.00	—	23,700.00
20110223	10012010	20022701	UNIVERSITY OF VERMONT					70,000.00	22,680.00	—	92,680.00
System Credits 2/23												277,145.00
System Debits 2/23												—
Bank Credit 2/8													28,151.04
Bank Debit 2/8 (service fees)															321.77
Bank Debit 2/9 (funds movement adj)															14,075.52
Trustee Wire 2/8														13,753.75
System Credits 2/24												—
System Debits 2/24												—
Bank Credit 2/24													554,290.00
Bank Debit 2/24 (funds movement adj)															277,145.00
Trustee Wire 2/24														277,145.00
			TOTALS:	8,554.53	5,520.99	14,075.52	1,831,850.55	214,554.53	76,665.99	—	291,220.52	291,220.52	582,441.04	290,898.75	291,542.29
Loans Due in Current Period and Paid in Prior Period:
			TOTALS:	—	—	—	—
Loans Due in Current Period Not Yet Paid:
			TOTALS:	—	—	—	—
			GRAND TOTAL:	8,554.53	5,520.99	14,075.52	1,831,850.55

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

February-11

Total System Credits @ 2/28	291,220.52
Total Bank Credits @ 2/28	582,441.04

	Direct to Lender payments applied
02/09/11	funds movement adjustment	(14,075.52	)
02/24/11	funds movement adjustment	(277,145.00	)
	funds movement adjustment

Adjusted Bank Credits: 291,220.52

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

February-11

Total Bank Credits @ 2/28	582,441.04
Total Debits to Trustee @ 2/28	290,898.75

02/08/11	Service Fee	321.77
02/09/11	funds movement adjustment	14,075.52
02/24/11	funds movement adjustment	277,145.00
	funds movement adjustment

Adjusted Debits to Trustee 582,441.04

2/7/2011	Loan Payment	3	20018701	Loan Payment	(8,554.53	)
2/7/2011	Loan Payment		21018701	Loan Payment	(5,520.99	)
2/7/2011	Loan Payment		23000003	Loan Payment	14,075.52
2/23/2011	Loan Payment	11	20022701	Loan Payment	(68,000.00	)
2/23/2011	Loan Payment		20022701	Loan Payment	(68,000.00	)
2/23/2011	Loan Payment		20022701	Loan Payment	(70,000.00	)
2/23/2011	Loan Payment		21022701	Loan Payment	(24,720.00	)
2/23/2011	Loan Payment		21022701	Loan Payment	(23,700.00	)
2/23/2011	Loan Payment		21022701	Loan Payment	(22,680.00	)
2/23/2011	Loan Payment		23000003	Loan Payment	68,000.00
2/23/2011	Loan Payment		23000003	Loan Payment	24,720.00
2/23/2011	Loan Payment		23000003	Loan Payment	68,000.00
2/23/2011	Loan Payment		23000003	Loan Payment	23,700.00
2/23/2011	Loan Payment		23000003	Loan Payment	92,680.00
2/8/2011	Wires	2	23000001	Wires	13,753.75
2/8/2011	Wires		23000003	Wires	(13,753.75	)
2/24/2011	Wires	2	23000001	Wires	277,145.00
2/24/2011	Wires		23000003	Wires	(277,145.00	)

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report for March 2011

												DTL
Date Received	Date Due	Loan Number	Borrower Name	Principal Due	Interest Due	Total Due	Principal Balance	Principal Paid	Interest Paid	Suspense	Total Paid	Net System Credits	Total Bank Credits	Trust Wires	ACH Debits and Other Wires
20110301	3012011	20019502	TEXAS TECH. UNIVERSITY	55,000.00	3,226.25	58,226.25	178,000.00	55,000.00	3,226.25	—	58,226.25
20110301	3012011	20019504	TEXAS TECH. UNIVERSITY	450,000.00	13,584.38	463,584.38	805,000.00	450,000.00	13,584.38	—	463,584.38
System Credits 3/1												521,810.63
System Debits 3/1												—
Bank Credit 3/1
Bank Debit 3/1
Trustee Wire 3/1
20110307	3072011	20018701	FINLANDIA UNIVERSITY	9,112.10	4,963.42	14,075.52	1,823,296.02	9,112.10	4,963.42	—	14,075.52
System Credits 3/7												14,075.52
System Debits 3/7												—
Bank Credit 3/2													1,043,621.26
Bank Debit 3/2
Bank Debit 3/2															521,810.63
Trustee Wire 3/2														521,810.63
20110322	4012011	20012901	MONTEREY PENINSULA JR. COLLEGE					—	2,100.00	—	2,100.00
System Credits 3/22												2,100.00
System Debits 3/22												—
Bank Credit 3/8													28,151.04
Bank Debit 3/8 (funds movement adj)															14,075.52
Trustee Wire 3/8														14,075.52
20110329	10012010	20000101	ALBION COLLEGE					25.00	—	—	25.00
20110329	1012011	20003901	COLLEGE OF CHARLESTON					—	25.00	—	25.00
20110329	10012010	20004401	R.I. JR. COLLEGE					25.00	—	—	25.00
20110329	11012010	20013301	MORRIS COLLEGE - BONDS 1983					50.00	—	—	50.00
20110329	10012010	20013501	NEW ENGLAND COLLEGE					50.00	—	—	50.00
20110329	11012010	20019201	TEMPLE UNIVERSITY					50.00	—	—	50.00
System Credits 3/29												225.00
System Debits 3/29												—
Bank Credit 3/23													4,200.00
Bank Debit 3/23 (funds movement adj)															2,100.00
Bank Debit 3/23 (service fees)															1,387.46
Trustee Wire 3/23														712.54
System Credits 3/30												—
System Debits 3/30												—
Bank Credit 3/30													450.00
Bank Debit 3/30 (funds movement adj)															225.00
Trustee Wire 3/30														225.00
			TOTALS:	514,112.10	21,774.05	535,886.15	2,806,296.02	514,312.10	23,899.05	—	538,211.15	538,211.15	1,076,422.30	536,823.69	539,598.61
Loans Due in Current Period and Paid in Prior Period:
			TOTALS:	—	—	—	—
Loans Due in Current Period Not Yet Paid:
			TOTALS:	—	—	—	—
			GRAND TOTAL:	514,112.10	21,774.05	535,886.15	2,806,296.02

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

March-11

Total System Credits @ 3/31		538,211.15
Total Bank Credits @ 3/31		1,076,422.30
03/02/11	funds movement adjustment	(521,810.63	)
03/08/11	funds movement adjustment	(14,075.52	)
03/23/11	funds movement adjustment	(2,100.00	)
03/30/11	funds movement adjustment	(225.00	)
Adjusted Bank Credits:		538,211.15

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

March-11

Total Bank Credits @ 3/31		1,076,422.30
Total Debits to Trustee @ 3/31		536,823.69
03/23/11	Service Fee	1,387.46
03/02/11	funds movement adjustment	521,810.63
03/08/11	funds movement adjustment	14,075.52
03/23/11	funds movement adjustment	2,100.00
03/30/11	funds movement adjustment	225.00
Adjusted Debits to Trustee		1,076,422.30

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report for April 2011

																					DTL
Date Received	Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense		Total Paid		Net System Credits		Total Bank Credits		Trust Wires		ACH Debits and Other Wires
20110401	4012011		20021701	UNIVERSITY OF NOTRE DAME - BONDS 1968		90,000.00		12,600.00		102,600.00		840,000.00		90,000.00		12,600.00		—		102,600.00
20110401	10012010		20021701	UNIVERSITY OF NOTRE DAME - BONDS 1968										750,000.00		—		—		750,000.00
20110401	0		20021701	UNIVERSITY OF NOTRE DAME - BONDS 1968										—		7,500.00		—		7,500.00
System Credits 4/1																						860,100.00
System Debits 4/1																						—
Bank Credit 4/1
Bank Debit 4/1
Trustee Wire 4/1
20110406	4012011		20004401	R.I. JR. COLLEGE		10,000.00		2,640.00		12,640.00		176,000.00		10,000.00		2,640.00		—		12,640.00
System Credits 4/6																						12,640.00
System Debits 4/6																						—
Bank Credit 4/4																								1,720,200.00
Bank Debit 4/4
Bank Debit 4/4 (funds movement adj)																												860,100.00
Trustee Wire 4/4																										860,100.00
20110407	4072011		20018701	FINLANDIA UNIVERSITY		8,607.77		5,467.75		14,075.52		1,814,183.92		8,607.77		5,467.75		—		14,075.52
System Credits 4/7																						14,075.52
System Debits 4/7																						—
Bank Credit 4/7																								25,280.00
Bank Debit 4/7 (funds movement adj)																												12,640.00
Trustee Wire 4/7																										12,640.00
20110408	10012010		20022602	UNIVERSITY OF STEUBENVILLE										—		2,220.00		—		2,220.00
20110408	4012011		20022602	UNIVERSITY OF STEUBENVILLE		19,000.00		2,220.00		21,220.00		150,220.00		—		2,220.00		—		2,220.00
20110408	4012011		20022602	UNIVERSITY OF STEUBENVILLE										16,780.00		—		—		16,780.00
System Credits 4/8																						21,220.00
System Debits 4/8																						—
Bank Credit 4/8																								28,151.04
Bank Debit 4/8 (funds movement adj)																												14,075.52
Bank Debit 4/8
Trustee Wire 4/8																										14,075.52
20110412	0		20018701	FINLANDIA UNIVERSITY										—		—		—		—
20110412	0		20018701	FINLANDIA UNIVERSITY										—		—		—		—
20110412	4122011		20018701	FINLANDIA UNIVERSITY										—		—		—		—
20110412	4012011		20022701	UNIVERSITY OF VERMONT		70,000.00		21,630.00		91,630.00		1,442,000.00		70,000.00		21,630.00		—		91,630.00
System Credits 4/12																						91,630.00
System Debits 4/12																						—
Bank Credit 4/11
Bank Debit 4/11 (funds movement adj)
Bank Debit 4/11
Trustee Wire 4/11
20110413	0		20012101	MIDDLEBURY COLLEGE										—		—		35,170.00		35,170.00
System Credits 4/13																						35,170.00

System Debits 4/13														—
Bank Credit 4/13
Bank Debit 4/13 (funds movement adj)
Trustee Wire 4/13
20110415	5012011	20002801	CARNEGIE MELLON UNIVERSITY					18,000.00	4,005.00	—		22,005.00
System Credits 4/15															22,005.00
System Debits 4/15															—
Bank Credit 4/14																	35,170.00
Bank Debit 4/15 (service fees)																			353.90
Bank Debit 4/14 (funds movement adj)
Trustee Wire 4/14																		34,816.10
20110419	0	20004401	R.I. JR. COLLEGE					—	—	5,640.00		5,640.00
System Credits 4/19															5,640.00
System Debits 4/19															—
Bank Credit 4/18																	44,010.00
Bank Debit 4/18 (funds movement adj)																			22,005.00
Trustee Wire 4/18																		22,005.00
20110420	4012011	20003001	CASE WESTERN RESERVE UNIVERSIT	120,000.00	11,775.00	131,775.00	785,030.00	119,970.00	11,775.00	—		131,745.00
System Credits 4/20															131,745.00
System Debits 4/20															—
Bank Credit 4/20																	5,640.00
Bank Debit 4/20
Trustee Wire 4/20																		5,640.00
20110425	5012011	20018901	SWARTHMORE COLLEGE					5,195.20	570.66	—		5,765.86
System Credits 4/25															5,765.86
System Debits 4/25															—
Bank Credit 4/21																	263,490.00
Bank Debit 4/21 (funds movement adj)																			131,745.00
Bank Debit 4/21
Trustee Wire 4/21																		131,745.00
20110428	10012010	20012101	MIDDLEBURY COLLEGE					25.00	—	—		25.00
20110428	0	20012101	MIDDLEBURY COLLEGE					—	—	(25.00	)	(25.00	)
20110428	0	20012101	MIDDLEBURY COLLEGE					—	—	—		—
20110428	10012010	20012101	MIDDLEBURY COLLEGE					—	7,575.00	—		7,575.00
20110428	0	20012101	MIDDLEBURY COLLEGE					—	—	(7,575.00	)	(7,575.00	)
20110428	0	20012101	MIDDLEBURY COLLEGE					—	—	—		—
20110428	4012011	20012101	MIDDLEBURY COLLEGE	28,000.00	7,170.00	35,170.00	478,430.00	27,570.00	—	—		27,570.00
20110428	0	20012101	MIDDLEBURY COLLEGE					—	—	(27,570.00	)	(27,570.00	)
20110428	0	20012101	MIDDLEBURY COLLEGE					—	—	—		—
System Credits 4/28															35,170.00
System Debits 4/28															(35,170.00	)
Bank Credit 4/26																	11,531.72
Bank Debit 4/26 (funds movement adj)																			5,765.86
Trustee Wire 4/26																		5,765.86
20110429	5012011	20008301	HARCUM COLLEGE					—	3,675.00	—		3,675.00
System Credits 4/29															3,675.00
System Debits 4/29															—
Bank Credit 4/29																	70,340.00
Bank Debit 4/29 (funds movement adj)																			35,170.00
Bank Debit 4/29 (payment reversal)																			35,170.00
Trustee Wire 4/29

			TOTALS:	345,607.77	63,502.75	409,110.52	5,685,863.92	1,116,147.97	81,878.41	5,640.00	1,203,666.38	1,203,666.38	2,203,812.76	1,086,787.48	1,117,025.28
Loans Due in Current Period and Paid in Prior Period:
	04012011	20012901	MONTEREY JR C	—	2,100.00	2,100.00	140,000.00
			TOTALS:	—	2,100.00	2,100.00	140,000.00
Loans Due in Current Period Not Yet Paid:
	04012011	20000101	ALBION COLLEG	—	7,050.00	7,050.00	470,000.00
	04012011	20001301	AUGSBERG COLL	90,000.00	8,400.00	98,400.00	560,000.00
	04012011	20001401	AZUSA UNIVERS	45,000.00	5,295.00	50,295.00	353,000.00
	04012011	20004001	COLL.OF ST. T	35,000.00	3,900.00	38,900.00	260,000.00
	04012011	20013501	NEW ENGLAND C	—	1,558.75	1,558.75	85,999.99
	04012011	20013502	NEW ENGLAND C	50,000.00	7,725.00	57,725.00	515,000.00
	04012011	20018001	ST.EDWARDS	16,000.00	888.13	16,888.13	65,000.00
	04012011	20019101	TAYLOR UNIV.	—	900.00	900.00	—
	04012011	20022601	UNIV.OF STEUB	25,000.00	877.50	25,877.50	52,000.00
			TOTALS:	261,000.00	36,594.38	297,594.38	2,360,999.99
			GRAND TOTAL:	606,607.77	102,197.13	708,804.90	8,186,863.91

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

April-11

Total System Credits @ 4/30		1,203,666.38
Total Bank Credits @ 4/30		2,203,812.76
04/04/11	funds movement adjustment	(860,100.00	)
04/07/11	funds movement adjustment	(12,640.00	)
04/08/11	funds movement adjustment	(14,075.52	)
04/08/11	Direct to Lender payment	21,220.00
04/12/11	Direct to Lender payment	91,630.00
04/18/11	funds movement adjustment	(22,005.00	)
04/21/11	funds movement adjustment	(131,745.00	)
04/26/11	funds movement adjustment	(5,765.86	)
04/29/11	funds movement adjustment	(35,170.00	)
04/29/11	payment reversal	(35,170.00	)
04/29/11	in transit credit	7,350.00
04/29/11	in transit funds movement adjustment	(3,675.00	)
Adjusted Bank Credits:		1,203,666.38
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

April-11

Total Bank Credits @ 4/30		2,203,812.76
Total Debits to Trustee @ 4/30		1,086,787.48
04/15/11	Service Fee	353.90
04/04/11	funds movement adjustment	860,100.00
04/07/11	funds movement adjustment	12,640.00
04/08/11	funds movement adjustment	14,075.52
04/18/11	funds movement adjustment	22,005.00
04/21/11	funds movement adjustment	131,745.00
04/26/11	funds movement adjustment	5,765.86
04/29/11	funds movement adjustment	35,170.00
04/29/11	payment reversal	35,170.00
Adjusted Debits to Trustee		2,203,812.76
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report for May 2011

																											DTL
Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid			Net System Credits			Total Bank Credits		Trust Wires		ACH Debits and Other Wires
20110502		0		20004401	R.I. JR.COLLEGE										—		—		(5,640.00	)		(5,640.00	)
20110502		5012011		20006502	FAIRLEIGH DICKINSON UNIVERSITY		2,683.89		930.93		3,614.82		62,061.73		2,683.89		930.93		—			3,614.82
20110502		5012011		20016401	CALIFORNIA STATE UNIVERSITY		—		3,450.00		3,450.00		230,000.00		—		3,450.00		—			3,450.00
20110502		5012011		20016501	CALIFORNIA STATE UNIVERSITY		—		7,050.00		7,050.00		470,000.00		—		7,050.00		—			7,050.00
20110502		5012011		20023501	McDANIEL COLLEGE		—		7,950.00		7,950.00		530,000.00		—		7,950.00		—			7,950.00
System Credits 5/2																									22,064.82
System Debits 5/2																									(5,640.00	)
Bank Credit 5/2																												7,350.00
Bank Debit 5/2 (funds movement adj)																																3,675.00
Trustee Wire 5/2																														3,675.00
20110503		5012011		20001201	ATLANTIC UNION COLLEGE		4,067.64		1,922.80		5,990.44		128,186.89		4,067.64		1,922.80		—			5,990.44
System Credits 5/3																									5,990.44
System Debits 5/3																									—
Bank Credit 5/3																												44,129.64
Bank Debit 5/3 (payment reversal)																																5,640.00
Bank Debit 5/3 (funds movement adj)																																22,064.82
Trustee Wire 5/3																														16,424.82
20110504		5012011		20013301	MORRIS COLLEGE - BONDS 1983		—		3,420.00		3,420.00		228,000.00		—		3,420.00		—			3,420.00
System Credits 5/4																									3,420.00
System Debits 5/4																									—
Bank Credit 5/4																												11,980.88
Bank Debit 5/4 (funds movement adj)																																5,990.44
Bank Debit 5/4 (service fees)																																1,325.24
Trustee Wire 5/4																														4,665.20
20110509		5072011		20018701	FINLANDIA UNIVERSITY		8,809.26		5,266.26		14,075.52		1,805,576.15		8,809.26		5,266.26		—			14,075.52
System Credits 5/9																									14,075.52
System Debits 5/9																									—
Bank Credit 5/5																												6,840.00
Bank Debit 5/5 (funds movement adj)																																3,420.00
Bank Debit 5/5
Trustee Wire 5/5																														3,420.00
20110512		4012011		20022602	UNIVERSITY OF STEUBENVILLE										25.00		—		—			25.00
20110512		4012011		20000101	ALBION COLLEGE										—		7,050.00		—			7,050.00
20110512		4012011		20018001	ST.EDWARDS UNIVERSITY										16,000.00		—		—			16,000.00
20110512		4012011		20018001	ST.EDWARDS UNIVERSITY										—		888.09		—			888.09
20110512		10012011		20018001	ST.EDWARDS UNIVERSITY										—		0.04		—			0.04
20110512		4012011		20022601	UNIVERSITY OF STEUBENVILLE										25,000.00		877.50		—			25,877.50
20110512		4012011		20022602	UNIVERSITY OF STEUBENVILLE										2,195.00		—		—			2,195.00
System Credits 5/12																									52,035.63
System Debits 5/12																									—								52,010.63
Bank Credit 5/10																												28,151.04
Bank Debit 5/10 (funds movement adj)																																14,075.52
Bank Debit 5/10
Trustee Wire 5/10																														14,075.52

20110513	5012011	20019201	TEMPLE UNIVERSITY	—	2,160.00	2,160.00	128,000.00	—	2,160.00	—		2,160.00
System Credits 5/13														2,160.00
System Debits 5/13														—
Bank Credit 5/13																50.00
Bank Debit 5/13 (funds movement adj)																		25.00
Trustee Wire 5/13																	25.00
20110516	4012011	20003001	CASE WESTERN RESERVE UNIVERSIT					30.00	—	—		30.00
20110516	5012011	20016601	SARAH LAWRENCE COLLEGE	25,807.06	9,472.68	35,279.74	631,512.17	25,807.06	9,472.68	—		35,279.74
System Credits 5/16														35,309.74
System Debits 5/16														—
Bank Credit 5/16
Bank Debit 5/16 (service fees)
Bank Debit 5/16 (funds movement adj)
Trustee Wire 5/16
20110517	0	20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850					—	—	5,295.00		5,295.00
20110517	0	20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850					—	—	—		—
20110517	0	20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850					—	—	(5,295.00	)	(5,295.00	)
20110517	10012010	20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850					—	5,295.00	—		5,295.00
System Credits 5/17														10,590.00
System Debits 5/17														(5,295.00	)
Bank Credit 5/17																70,619.48
Bank Debit 5/17 (funds movement adj)																		35,309.74
Trustee Wire 5/17																	35,309.74
20110524	6012011	20013001	MONTREAT-ANDERSON COLLEGE					2,800.00	798.00	—		3,598.00
System Credits 5/24														3,598.00
System Debits 5/24														—
Bank Credit 5/18																15,885.00
Bank Debit 5/18 (payment reversal)																		5,295.00
Bank Debit 5/18 (funds movement adj)																		5,295.00
Trustee Wire 5/18																	5,295.00
												—
System Credits 5/25														—
System Debits 5/25														—
Bank Credit 5/25																7,196.00
Bank Debit 5/25 (funds movement adj)																		3,598.00
Bank Debit 5/25 (funds movement adj)
Trustee Wire 5/25																	3,598.00
			TOTALS:	41,367.85	41,622.67	82,990.52	4,213,336.94	87,417.85	56,531.30	(5,640.00	)	138,309.15		138,309.15		192,202.04	86,488.28	105,713.76
Loans Due in Current Period and Paid in Prior Period:
	05012011	20002801	CARNEGIE-MELL	18,000.00	4,005.00	22,005.00	267,000.00
	05012011	20008301	HARCUM JR COL	—	3,675.00	3,675.00	245,000.00
	05012011	20018901	SWARTHMORE CO	5,195.20	570.66	5,765.86	38,044.16
			TOTALS:	23,195.20	8,250.66	31,445.86	550,044.16
Loans Due in Current Period Not Yet Paid:
	05012011	20020001	UNIV. OF ALAB	85,000.00	15,540.00	100,540.00	1,036,000.00
	05012011	20021301	UNIV OF MONTE	10,000.00	2,310.00	12,310.00	154,000.00
			TOTALS:	95,000.00	17,850.00	112,850.00	1,190,000.00
			GRAND TOTAL:	159,563.05	67,723.33	227,286.38	5,953,381.10

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

May-11

Total System Credits @ 5/31		138,309.15
Total Bank Credits @ 5/31		192,202.04
04/29/11	in transit credit	(3,675.00	)
04/29/11	in transit funds movement adjustment	(3,675.00	)
05/03/11	funds movement adjustment	(22,064.82	)
05/03/11	payment reversal	(5,640.00	)
05/04/11	funds movement adjustment	(5,990.44	)
05/05/11	funds movement adjustment	(3,420.00	)
05/10/11	funds movement adjustment	(14,075.52	)
05/13/11	funds movement adjustment	(25.00	)
05/12/11	Direct to Lender payment	52,010.63
05/13/11	Direct to Lender payment	2,160.00
05/17/11	funds movement adjustment	(35,309.74	)
05/18/11	payment reversal	(5,295.00	)
05/18/11	funds movement adjustment	(5,295.00	)
05/25/11	funds movement adjustment	(3,598.00	)
Adjusted Bank Credits:		138,309.15
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

May-11

Total Bank Credits @ 5/31		192,202.04
Total Debits to Trustee @ 5/31		86,488.28
05/04/11	Service Fee	1,325.24
04/29/11	in transit funds movement adjustment	3,675.00
05/03/11	funds movement adjustment	22,064.82
05/03/11	payment reversal	5,640.00
05/04/11	funds movement adjustment	5,990.44
05/05/11	funds movement adjustment	3,420.00
05/10/11	funds movement adjustment	14,075.52
05/13/11	funds movement adjustment	25.00
05/17/11	funds movement adjustment	35,309.74
05/18/11	payment reversal	5,295.00
05/18/11	funds movement adjustment	5,295.00
05/25/11	funds movement adjustment	3,598.00
Adjusted Debits to Trustee		192,202.04
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report for June 2011

												DTL
Date Received	Date Due	Loan Number	Borrower Name	Principal Due	Interest Due	Total Due	Principal Balance	Principal Paid	Interest Paid	Suspense	Total Paid	Net System Credits	Total Bank Credits	Trust Wires	ACH Debits and Other Wires
20110601	6012011	20014401	OLD DOMINION UNIVERSITY	165,000.00	7,575.00	172,575.00	504,999.99	165,000.00	7,575.00	—	172,575.00
System Credits 6/1												172,575.00
System Debits 6/1												—
Bank Credit 6/1
Bank Debit 6/1 (funds movement adj)
Trustee Wire 6/1
20110607	6072011	20018701	FINLANDIA UNIVERSITY	8,660.26	5,415.26	14,075.52	1,796,766.89	8,660.26	5,415.26	—	14,075.52
System Credits 6/7												14,075.52
System Debits 6/7												—
Bank Credit 6/2													345,150.00
Bank Debit 6/2 (payment reversal)
Bank Debit 6/2 (funds movement adj)															172,575.00
Trustee Wire 6/2														172,575.00
20110622	4012011	20013501	NEW ENGLAND COLLEGE					—	1,000.00	—	1,000.00
System Credits 6/22												1,000.00
System Debits 6/22												—
Bank Credit 6/8													28,151.04
Bank Debit 6/8 (funds movement adj)															14,075.52
Bank Debit 6/8 (service fees)															1,154.68
Trustee Wire 6/8														12,920.84
20110624	4012011	20013501	NEW ENGLAND COLLEGE					—	(1,000.00)	—	(1,000.00)
20110624	6212011	20013501	NEW ENGLAND COLLEGE					—	—	—	—
System Credits 6/24												—
System Debits 6/24												(1,000.00)
Bank Credit 6/23													2,000.00
Bank Debit 6/23 (funds movement adj)															1,000.00
Bank Debit 6/23 (funds movement adj)
Trustee Wire 6/23														1,000.00
20110628	4012011	20013501	NEW ENGLAND COLLEGE					—	1,558.75	—	1,558.75
20110628	10012010	20013502	NEW ENGLAND COLLEGE					—	7,725.00	—	7,725.00
20110628	4012011	20013502	NEW ENGLAND COLLEGE					50,000.00	7,725.00	—	57,725.00
System Credits 6/28												67,008.75
System Debits 6/28												—
Bank Credit 6/27 (overdraft coverage)													1,000.00
Bank Debit 6/27 (funds movement adj)
Bank Debit 6/27 (payment reversal)															1,000.00
Trustee Wire 6/27
20110630	6302011	20002401	BOSTON UNIVERITY	18,276.92	7,850.00	26,126.92	523,333.18	18,276.92	7,850.00	—	26,126.92
System Credits 6/30												26,126.92
System Debits 6/30												—
Bank Credit 6/29													133,017.50
Bank Debit 6/29 (funds movement adj)															66,008.75

Trustee Wire 6/29
TOTALS:				191,937.18	20,840.26	212,777.44	2,825,100.06	241,937.18	37,849.01	279,786.19	279,786.19	509,318.54	252,504.59	255,813.95
Loans Due in Current Period and Paid in Prior Period:
	06012011	20013001	MONTREAT-ANDE	2,800.00	798.00	3,598.00	53,200.00
TOTALS:				2,800.00	798.00	3,598.00	53,200.00
Loans Due in Current Period Not Yet Paid:
	06012011	20010801	LONG ISLAND U	35,000.00	3,675.00	38,675.00	245,000.00
TOTALS:				35,000.00	3,675.00	38,675.00	245,000.00
GRAND TOTAL:				229,737.18	25,313.26	255,050.44	3,123,300.06

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

June-11

Total System Credits @ 6/30		279,786.19
Total Bank Credits @ 6/30		509,318.54
06/02/11	funds movement adjustment	(172,575.00	)
06/08/11	funds movement adjustment	(14,075.52	)
06/23/11	funds movement adjustment	(1,000.00	)
06/27/11	payment reversal	(1,000.00	)
06/27/11	overdraft coverage	(1,000.00	)
06/29/11	funds movement adjustment	(66,008.75	)
06/30/11	in transit	26,126.92
Adjusted Bank Credits:		279,786.19
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

June-11

Total Bank Credits @ 6/30		509,318.54
Total Debits to Trustee @ 6/30		252,504.59
06/08/11	Service Fee	1,154.68
06/02/11	funds movement adjustment	172,575.00
06/08/11	funds movement adjustment	14,075.52
06/23/11	funds movement adjustment	1,000.00
06/27/11	payment reversal	1,000.00
06/27/11	overdraft coverage	1,000.00
06/29/11	funds movement adjustment	66,008.75
	funds movement adjustment
	funds movement adjustment
	payment reversal
	funds movement adjustment
	funds movement adjustment
Adjusted Debits to Trustee		509,318.54
		0.00

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report for July 2011

												DTL
Date Received	Date Due	Loan Number	Borrower Name	Principal Due	Interest Due	Total Due	Principal Balance	Principal Paid	Interest Paid	Suspense	Total Paid	Net System Credits	Total Bank Credits	Trust Wires	ACH Debits and Other Wires
20110707	7012011	20003901	COLLEGE OF CHARLESTON	60,000.00	5,625.00	65,625.00	375,000.00	60,000.00	5,625.00	—	65,625.00
20110707	7072011	20018701	FINLANDIA UNIVERSITY	8,860.21	5,215.31	14,075.52	1,788,106.63	8,860.21	5,215.31	—	14,075.52
System Credits 7/7												79,700.52
/System Debits 7/7												—
Bank Credit 7/1													52,253.84
Bank Debit 7/1 (funds movement adj)															26,126.92
Trustee Wire 7/1														26,126.92
20110712	4012011	20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850					45,000.00	5,295.00	—	50,295.00
System Credits 7/12												50,295.00
System Debits 7/12												—
Bank Credit 7/8													159,401.04
Bank Debit 7/8 (service fees)															686.68
Bank Debit 7/8 (funds movement adj)															79,700.52
Trustee Wire 7/8														79,013.84
20110718	0	20021301	UNIVERSITY OF MONTEVALLO					—	—	14,595.00	14,595.00
System Credits 7/18												14,595.00
System Debits 7/18												—
Bank Credit 7/13													100,590.00
Bank Debit 7/13 (funds movement adj)															50,295.00
Bank Debit 7/13 (funds movement adj)
Trustee Wire 7/13														50,295.00
20110719	12012010	20010801	LONG ISLAND UNIVERSITY					—	3,675.00	—	3,675.00
20110719	6012011	20010801	LONG ISLAND UNIVERSITY					—	3,675.00	—	3,675.00
20110719	6012011	20010801	LONG ISLAND UNIVERSITY					34,975.00	—	—	34,975.00
20110719	6012011	20010801	LONG ISLAND UNIVERSITY					25.00	—	—	25.00
20110719	0	20021301	UNIVERSITY OF MONTEVALLO					—	—	(14,595.00)	(14,595.00)
20110719	11012010	20021301	UNIVERSITY OF MONTEVALLO					—	2,310.00	—	2,310.00
20110719	5012011	20021301	UNIVERSITY OF MONTEVALLO					—	2,310.00	—	2,310.00
20110719	5012011	20021301	UNIVERSITY OF MONTEVALLO					9,975.00	—	—	9,975.00
20110719	5012011	20021301	UNIVERSITY OF MONTEVALLO					25.00	—	—	25.00
System Credits 7/19												56,970.00
System Debits 7/19												(14,595.00)
Bank Credit 7/19													14,595.00
Bank Debit 7/19 (funds movement adj)
Bank Debit 7/19 (funds movement adj)
Trustee Wire 7/19														14,595.00
											—
											—
											—
System Credits 7/20												—
System Debits 7/20												—
Bank Credit 7/20													113,940.00
Bank Debit 7/20 (funds movement adj)															56,970.00
Bank Debit 7/20 (payment reversal)															14,595.00
Trustee Wire 7/20														42,375

Trustee Wire 7/20
TOTALS:				68,860.21	10,840.31	79,700.52	2,163,106.63	158,860.21	28,105.31	-	186,965.52	186,965.52	440,779.88	212,405.76	228,374.12
Loans Due in Current Period and Paid in Prior Period:
TOTALS:				—	—	—	—
Loans Due in Current Period Not Yet Paid:
	07012011	20012401	MISSISSIPPI V	—	300.00	300.00	—
	07012011	20021401	U OF NEBRASKA	6,000.00	420.00	6,420.00	28,000.00
TOTALS:				6,000.00	720.00	6,720.00	28,000.00
GRAND TOTAL:				74,860.21	11,560.31	86,420.52	2,191,106.63

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

July-11

Total System Credits @ 7/31		186,965.52
Total Bank Credits @ 7/31		440,779.88
06/30/11	in transit	(26,126.92	)
07/01/11	funds movement adjustment	(26,126.92	)
07/08/11	funds movement adjustment	(79,700.52	)
07/13/11	funds movement adjustment	(50,295.00	)
07/20/11	funds movement adjustment	(56,970.00	)
07/20/11	payment reversal	(14,595.00	)
Adjusted Bank Credits:		186,965.52
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

July-11

Total Bank Credits @ 7/31		440,779.88
Total Debits to Trustee @ 7/31		212,405.76
07/08/11	Service Fee	686.68
07/01/11	funds movement adjustment	26,126.92
07/08/11	funds movement adjustment	79,700.52
07/13/11	funds movement adjustment	50,295.00
07/20/11	funds movement adjustment	56,970.00
07/20/11	payment reversal	14,595.00
Adjusted Debits to Trustee		440,779.88
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report for August 2011

																							DTL
Date Received	Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid			Net System Credits			Total Bank Credits		Trust Wires		ACH Debits and Other Wires
20110808	8072011		20018701	FINLANDIA UNIVERSITY		8,713.07		5,362.45		14,075.52		1,779,246.42		8,713.07		5,362.45		—			14,075.52
																					—
System Credits 8/8																								14,075.52
System Debits 8/8																								—
Bank Credit 8/8
Bank Debit 8/8 (funds movement adj)
Trustee Wire 8/8
20110830	0		20012101	MIDDLEBURY COLLEGE										—		—		7,575.00			7,575.00
20110830	0		20012101	MIDDLEBURY COLLEGE										—		—		—			—
20110830	0		20012101	MIDDLEBURY COLLEGE										—		—		(7,575.00	)		(7,575.00	)
20110830	4012011		20012101	MIDDLEBURY COLLEGE										430.00		7,170.00		—			7,600.00
System Credits 8/30																								15,175.00
System Debits 8/30																								(7,575.00	)
Bank Credit 8/9																											28,151.04
Bank Debit 8/9 (service fees)																															501.62
Bank Debit 8/9 (funds movement adj)																															14,075.52
Trustee Wire 8/9																													13,573.90
																					—
System Credits 8/31																								—
System Debits 8/31																								—
Bank Credit 8/31																											22,775.00
Bank Debit 8/31 (funds movement adj)																															7,600.00
Bank Debit 8/31 (payment reversal)																															7,575.00
Trustee Wire 8/31																													7,600.00
				TOTALS:		8,713.07		5,362.45		14,075.52		1,779,246.42		9,143.07		12,532.45		—			21,675.52			21,675.52			50,926.04		21,173.90		29,752.14
Loans Due in Current Period and Paid in Prior Period:
				TOTALS:		—		—		—		—
Loans Due in Current Period Not Yet Paid:
				TOTALS:		—		—		—		—
				GRAND TOTAL:		8,713.07		5,362.45		14,075.52		1,779,246.42

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

August-11

Total System Credits @ 8/31		21,675.52
Total Bank Credits @ 8/31		50,926.04
	in transit
08/09/11	funds movement adjustment	(14,075.52	)
08/31/11	funds movement adjustment	(7,600.00	)
08/31/11	payment reversal	(7,575.00	)
Adjusted Bank Credits:		21,675.52
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

August-11

Total Bank Credits @ 8/31		50,926.04
Total Debits to Trustee @ 8/31		21,173.90
08/09/11	Service Fee	501.62
08/09/11	funds movement adjustment	14,075.52
08/31/11	funds movement adjustment	7,600.00
08/31/11	payment reversal funds movement adjustment payment reversal	7,575.00
Adjusted Debits to Trustee		50,926.04
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report for September 2011

												DTL
Date Received	Date Due	Loan Number	Borrower Name	Principal Due	Interest Due	Total Due	Principal Balance	Principal Paid	Interest Paid	Suspense	Total Paid	Net System Credits	Total Bank Credits	Trust Wires	ACH Debits and Other Wires
20110902	9012011	20019502	TEXAS TECH. UNIVERSITY	—	2,229.38	2,229.38	123,000.00	—	2,229.38	—	2,229.38
20110902	9012011	20019504	TEXAS TECH. UNIVERSITY	—	5,990.63	5,990.63	355,000.00	—	5,990.63	—	5,990.63
System Credits 9/2												8,220.01
System Debits 9/2												—
Bank Credit 9/2
Bank Debit 9/2 (funds movement adj)
Trustee Wire 9/2
20110907	9072011	20018701	FINLANDIA UNIVERSITY	8,739.33	5,336.19	14,075.52	1,770,533.35	8,739.33	5,336.19	—	14,075.52
System Credits 9/7												14,075.52
System Debits 9/7												—
Bank Credit 9/6													16,440.02
Bank Debit 9/6
Bank Debit 9/6 (funds movement adj)															8,220.01
Trustee Wire 9/6														8,220.01
20110927	10012011	20012901	MONTEREY PENINSULA JR. COLLEGE					15,000.00	2,100.00	—	17,100.00
System Credits 9/27												17,100.00
System Debits 9/27												—
Bank Credit 9/8													28,151.04
Bank Debit 9/8 (funds movement adj)															14,075.52
Bank Debit 9/8 (service fees)															81.55
Trustee Wire 9/8														13,993.97
											—
											—
System Credits 9/28												—
System Debits 9/28												—
Bank Credit 9/28													34,200.00
Bank Debit 9/28 (funds movement adj)
Bank Debit 9/28 (funds movement adj)															17,100.00
Trustee Wire 9/28														17,100.00
TOTALS:				8,739.33	13,556.20	22,295.53	2,248,533.35	23,739.33	15,656.20	—	39,395.53	39,395.53	78,791.06	39,313.98	39,477.08
Loans Due in Current Period and Paid in Prior Period:
TOTALS:				—	—	—	—
Loans Due in Current Period Not Yet Paid:
TOTALS:				—	—	—	—
GRAND TOTAL:				8,739.33	13,556.20	22,295.53	2,248,533.35

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

September-11

Total System Credits @ 9/30		39,395.53
Total Bank Credits @ 9/30		78,791.06
	in transit
09/06/11	funds movement adjustment	(8,220.01	)
09/08/11	funds movement adjustment	(14,075.52	)
09/28/11	funds movement adjustment	(17,100.00	)
Adjusted Bank Credits:		39,395.53
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

September-11

Total Bank Credits @ 9/30		78,791.06
Total Debits to Trustee @ 9/30		39,313.98
09/08/11	Service Fee	81.55
09/06/11	funds movement adjustment	8,220.01
09/08/11	funds movement adjustment	14,075.52
09/28/11	funds movement adjustment	17,100.00
	funds movement adjustment
	payment reversal
Adjusted Debits to Trustee		78,791.06
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report for October 2011

												DTL
Date Received	Date Due	Loan Number	Borrower Name	Principal Due	Interest Due	Total Due	Principal Balance	Principal Paid	Interest Paid	Suspense	Total Paid	Net System Credits	Total Bank Credits	Trust Wires	ACH Debits and Other Wires
20111003	10012011	20001401	AZUSA PACIFIC UNIVERSITY-1967#95-403850	—	4,620.00	4,620.00	308,000.00	—	4,620.00	—	4,620.00
20111003	10012011	20003001	CASE WESTERN RESERVE UNIVERSIT	—	9,975.00	9,975.00	665,000.00	—	9,975.00	—	9,975.00
20111003	10012011	20012101	MIDDLEBURY COLLEGE	30,000.00	6,750.00	36,750.00	450,000.00	30,000.00	6,750.00	—	36,750.00
20111003	10012011	20013501	NEW ENGLAND COLLEGE	33,000.00	1,558.75	34,558.75	85,999.99	33,000.00	1,558.75	—	34,558.75
20111003	10012011	20013502	NEW ENGLAND COLLEGE	—	6,975.00	6,975.00	465,000.00	—	6,975.00	—	6,975.00
System Credits 10/3												92,878.75
System Debits 10/3												—
Bank Credit 10/3
Bank Debit 10/3 (funds movement adj)
Trustee Wire 10/3
20111007	10072011	20018701	FINLANDIA UNIVERSITY	8,936.95	5,138.57	14,075.52	1,761,794.02	8,936.95	5,138.57	—	14,075.52
System Credits 10/7												14,075.52
System Debits 10/7												—
Bank Credit 10/4													185,757.50
Bank Debit 10/4
Bank Debit 10/4 (funds movement adj)															92,878.75
Trustee Wire 10/4														92,878.75
20111011	10012011	20022701	UNIVERSITY OF VERMONT	72,000.00	20,580.00	92,580.00	1,372,000.00	72,000.00	20,580.00	—	92,580.00
System Credits 10/11												92,580.00
System Debits 10/11												—
Bank Credit 10/11													28,151.04
Bank Debit 10/11 (funds movement adj)															14,075.52
Bank Debit 10/11 (service fees)															212.61
Trustee Wire 10/11														13,862.91
20111012	10012010	20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU					—	8,400.00	—	8,400.00
20111012	4012011	20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU					90,000.00	—	—	90,000.00
20111012	4012011	20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU					—	8,400.00	—	8,400.00
20111012	10012011	20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU	—	7,050.00	7,050.00	470,000.00	—	7,050.00	—	7,050.00
20111012	4012010	20001301	AUGSBURG COLLEGE ACCT# AUGS466ADSU					363,200.00	—	—	363,200.00
20111012	10012010	20004001	COLLEGE OF ST. THOMAS	—	3,375.00	3,375.00	225,000.00	—	3,375.00	—	3,375.00
System Credits 10/12												480,425.00
System Debits 10/12												—
Bank Credit 10/12
Bank Debit 10/12 (funds movement adj)
Bank Debit 10/12 (funds movement adj)
Trustee Wire 10/12
20111019	10012011	20004401	R.I. JR. COLLEGE	10,000.00	2,490.00	12,490.00	166,000.00	10,000.00	2,490.00	—	12,490.00
											—
											—
System Credits 10/19												12,490.00
System Debits 10/19												—
Bank Credit 10/13
Bank Debit 10/13 (funds movement adj)
Bank Debit 10/13

Trustee Wire 10/13
20111024	11012011	20002801	CARNEGIE MELLON UNIVERSITY					17,000.00	3,735.00	—	20,735.00
System Credits 10/24												20,735.00
System Debits 10/24												—
Bank Credit 10/20													24,980.00
Bank Debit 10/20 (funds movement adj)															12,490.00
Trustee Wire 10/20														12,490.00
20111028	11012011	20008301	HARCUM COLLEGE					45,000.00	3,675.00	—	48,675.00
20111028	11012011	20016601	SARAH LAWRENCE COLLEGE					26,194.16	9,085.58	—	35,279.74
System Credits 10/28												83,954.74
System Debits 10/28												—
Bank Credit 10/25													41,470.00
Bank Debit 10/25
Bank Debit 10/25 (funds movement adj)															20,735.00
Trustee Wire 10/25														20,735.00
											—
											—
											—
											—
System Credits 10/31												—
System Debits 10/31												—
Bank Credit 10/31													167,909.48
Bank Debit 10/31 (funds movement adj)															83,954.74
Trustee Wire 10/31														83,954.74
TOTALS:				153,936.95	68,512.32	222,449.27	5,968,794.01	695,331.11	101,807.90	—	797,139.01	797,139.01	448,268.02	223,921.40	224,346.62
Loans Due in Current Period and Paid in Prior Period:
	10012011	20012901	MONTEREY JR C	15,000.00	2,100.00	17,100.00	140,000.00
TOTALS:				15,000.00	2,100.00	17,100.00	140,000.00
Loans Due in Current Period Not Yet Paid:
	10012011	20000101	ALBION COLLEG	90,000.00	7,050.00	97,050.00	470,000.00
	10012011	20018001	ST.EDWARDS	—	598.13	598.13	33,000.00
	10012011	20019101	TAYLOR UNIV.	—	900.00	900.00	—
	10012011	20022601	UNIV.OF STEUB	—	455.63	455.63	27,000.00
	10012011	20022602	UNIV.OF STEUB	—	1,935.00	1,935.00	129,000.00
TOTALS:				90,000.00	10,938.76	100,938.76	659,000.00
GRAND TOTAL:				258,936.95	81,551.08	340,488.03	6,767,794.01

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

October-11

Total System Credits @ 10/31		797,139.01
Total Bank Credits @ 10/31		448,268.02
	in transit
10/04/11	funds movement adjustment	(92,878.75	)
10/11/11	funds movement adjustment	(14,075.52	)
10/20/11	funds movement adjustment	(12,490.00	)
10/25/11	funds movement adjustment	(20,735.00	)
10/31/11	funds movement adjustment	(83,954.74	)
10/11/11	Direct to Lender posting	92,580.00
10/12/11	Direct to Lender posting	480,425.00
Adjusted Bank Credits:		797,139.01
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

October-11

Total Bank Credits @ 10/31		448,268.02
Total Debits to Trustee @ 10/31		223,921.40
10/11/11	Service Fee	212.61
10/04/11	funds movement adjustment	92,878.75
10/11/11	funds movement adjustment	14,075.52
10/20/11	funds movement adjustment	12,490.00
10/25/11	funds movement adjustment	20,735.00
10/31/11	funds movement adjustment	83,954.74
Adjusted Debits to Trustee		448,268.02
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report for November 2011

												DTL
Date Received	Date Due	Loan Number	Borrower Name	Principal Due	Interest Due	Total Due	Principal Balance	Principal Paid	Interest Paid	Suspense	Total Paid	Net System Credits	Total Bank Credits	Trust Wires	ACH Debits and Other Wires
20111101	11012011	20006502	FAIRLEIGH DICKINSON UNIVERSITY	2,724.15	890.67	3,614.82	59,377.84	2,724.15	890.67	—	3,614.82
20111101	11012011	20016401	CALIFORNIA STATE UNIVERSITY	20,000.00	3,450.00	23,450.00	230,000.00	20,000.00	3,450.00	—	23,450.00
20111101	11012011	20016501	CALIFORNIA STATE UNIVERSITY	35,000.00	7,050.00	42,050.00	470,000.00	35,000.00	7,050.00	—	42,050.00
20111101	11012011	20023501	McDANIEL COLLEGE	80,000.00	7,950.00	87,950.00	530,000.00	80,000.00	7,950.00	—	87,950.00
											—
System Credits 11/1												157,064.82
System Debits 11/1												—
Bank Credit 11/1
Bank Debit 11/1 (funds movement adj)
Trustee Wire 11/1
20111103	10012011	20000101	ALBION COLLEGE					90,000.00	7,050.00	—	97,050.00
20111103	10012011	20022601	UNIVERSITY OF STEUBENVILLE					—	455.63	—	455.63
20111103	10012011	20022602	UNIVERSITY OF STEUBENVILLE					—	1,935.00	—	1,935.00
System Credits 11/3												99,440.63
System Debits 11/3												—
Bank Credit 11/2													314,129.64
Bank Debit 11/2
Bank Debit 11/2 (funds movement adj)															157,064.82
Trustee Wire 11/2														157,064.82
20111104	11012011	20001201	ATLANTIC UNION COLLEGE	4,128.65	1,861.79	5,990.44	124,119.25	4,128.65	1,861.79	—	5,990.44
20111104	11012011	20013301	MORRIS COLLEGE - BONDS 1983	73,000.00	3,420.00	76,420.00	228,000.00	73,000.00	3,420.00	—	76,420.00
20111104	0	20021301	UNIVERSITY OF MONTEVALLO					—	—	1,555.20	1,555.20
System Credits 11/4												83,965.64
System Debits 11/4												—
Bank Credit 11/4
Bank Debit 11/4 (funds movement adj)
Bank Debit 11/4 (service fees)
Trustee Wire 11/4
20111107	11072011	20018701	FINLANDIA UNIVERSITY	8,792.60	5,282.92	14,075.52	1,752,857.07	8,792.60	5,282.92	—	14,075.52
System Credits 11/7												14,075.52
System Debits 11/7												—
Bank Credit 11/7													166,376.08
Bank Debit 11/7 (funds movement adj)
Bank Debit 11/7 (funds movement adj)															82,410.44
Trustee Wire 11/7														83,965.64
20111108	0	20012401	MISSISSIPPI VALLEY ST. COLLEGE					19,999.99	—	—	19,999.99
20111108	10012011	20018001	ST.EDWARDS UNIVERSITY					—	598.09	—	598.09
											—
System Credits 11/8												20,598.08
System Debits 11/8												—
Bank Credit 11/8													28,151.04
Bank Debit 11/8 (funds movement adj)															14,075.52
Bank Debit 11/8 (funds movement adj)
Trustee Wire 11/8														14,075.52

20111109	11012011	20019201	TEMPLE UNIVERSITY	35,000.00	2,160.00	37,160.00	128,000.00	35,000.00	2,160.00	—	37,160.00
System Credits 11/9												37,160.00
System Debits 11/9												—
Bank Credit 11/9
Bank Debit 11/9 (funds movement adj)
Trustee Wire 11/9
20111121	11012011	20018901	SWARTHMORE COLLEGE	5,273.13	492.73	5,765.86	32,848.96	5,273.13	492.73	—	5,765.86
											—
System Credits 11/21												5,765.86
System Debits 11/21												—
Bank Credit 11/10
Bank Debit 11/10
Bank Debit 11/10 (funds movement adj)
Trustee Wire 11/10
20111122	12012011	20013001	MONTREAT-ANDERSON COLLEGE					2,800.00	756.00	—	3,556.00
System Credits 11/22												3,556.00
System Debits 11/22												—
Bank Credit 11/22													11,531.72
Bank Debit 11/22 (funds movement adj)															5,765.86
Bank Debit 11/22 (service fees)															1,584.19
Trustee Wire 11/22														4,181.67
System Credits 11/23												—
System Debits 11/23												—
Bank Credit 11/23													7,112.00
Bank Debit 11/23
Bank Debit 11/23 (funds movement adj)															3,556.00
Trustee Wire 11/23														3,556.00
.TOTALS:				263,918.53	32,558.11	296,476.64	3,555,203.12	376,718.52	43,352.83	1,555.20	421,626.55	421,626.55	527,300.48	262,843.65	264,456.83
Loans Due in Current Period and Paid in Prior Period:
	11012011	20002801	CARNEGIE-MELL	17,000.00	3,735.00	20,735.00	249,000.00
	11012011	20008301	HARCUM JR COL	45,000.00	3,675.00	48,675.00	245,000.00
	11012011	20016601	SARAH LAWRENC	26,194.16	9,085.58	35,279.74	605,705.11
TOTALS:				88,194.16	16,495.58	104,689.74	1,099,705.11
Loans Due in Current Period Not Yet Paid:
	11012011	20020001	UNIV. OF ALAB	—	14,265.00	14,265.00	951,000.00
	11012011	20021301	UNIV OF MONTE	—	2,160.00	2,160.00	144,000.00
TOTALS:				—	16,425.00	16,425.00	1,095,000.00
GRAND TOTAL:				352,112.69	65,478.69	417,591.38	5,749,908.23

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

November-11

Total System Credits @ 11/30		421,626.55
Total Bank Credits @ 11/30		527,300.48
	in transit
11/02/11	funds movement adjustment	(157,064.82	)
11/07/11	funds movement adjustment	(82,410.44	)
11/08/11	funds movement adjustment	(14,075.52	)
11/22/11	funds movement adjustment	(5,765.86	)
11/23/11	funds movement adjustment	(3,556.00	)
11/03/11	Direct to Lender posting	99,440.63
11/08/11	Direct to Lender posting	20,598.08
11/09/11	Direct to Lender posting	37,160.00
Adjusted Bank Credits:		421,626.55
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

November-11

Total Bank Credits @ 11/30		527,300.48
Total Debits to Trustee @ 11/30		262,843.65
11/22/11	Service Fee	1,584.19
11/02/11	funds movement adjustment	157,064.82
11/07/11	funds movement adjustment	82,410.44
11/08/11	funds movement adjustment	14,075.52
11/22/11	funds movement adjustment	5,765.86
11/23/11	funds movement adjustment	3,556.00
Adjusted Debits to Trustee		527,300.48
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report for December 2010

												DTL
Date Received	Date Due	Loan Number	Borrower Name	Principal Due	Interest Due	Total Due	Principal Balance	Principal Paid	Interest Paid	Suspense	Total Paid	Net System Credits	Total Bank Credits	Trust Wires	ACH Debits and Other Wires
20101201	12012010	20014401	OLD DOMINION UNIVERSITY	—	7,575.00	7,575.00	504,999.99	—	7,575.00	—	7,575.00
											—
System Credits 12/1												7,575.00
System Debits 12/1												—
Bank Credit 12/1
Bank Debit 12/1
Trustee Wire 121/1
20101207	12072010	20018701	FINLANDIA UNIVERSITY	8,682.42	5,393.10	14,075.52	1,849,061.79	8,682.42	5,393.10	—	14,075.52
System Credits 12/7												14,075.52
System Debits 12/7												—
Bank Credit 12/2													15,150.00
Bank Debit 12/2 (service fees)															1,480.25
Bank Debit 12/2 (funds movement adj)															7,575.00
Trustee Wire 121/2														6,094.75
20101209	10012010	20000101	ALBION COLLEGE					89,975.00	—	—	89,975.00
20101209	11012010	20019201	TEMPLE UNIVERSITY					34,950.00	2,750.63	—	37,700.63
System Credits 12/9												127,675.63
System Debits 12/9												—
Bank Credit 12/8													28,151.04
Bank Debit 12/8 (funds movement adj)															14,075.52
Trustee Wire 12/8														14,075.52
											—
System Credits 12/10												—
System Debits 12/10												—
Bank Credit 12/10
Bank Debit 12/10 (funds movement adj)
Trustee Wire 12/10
			TOTALS:	8,682.42	12,968.10	21,650.52	2,354,061.78	133,607.42	15,718.73	—	149,326.15	149,326.15	43,301.04	20,170.27	23,130.77
Loans Due in Current Period and Paid in Prior Period:
	12012010	20013001	MONTREAT-ANDE	2,800.00	840.00	3,640.00	56,000.00
			TOTALS:	2,800.00	840.00	3,640.00	56,000.00
Loans Due in Current Period Not Yet Paid:
	12302010	20002401	BOSTON UNIVER	18,006.82	8,120.10	26,126.92	541,340.00
	12012010	20010801	LONG ISLAND U	—	3,675.00	3,675.00	245,000.00
			TOTALS:	18,006.82	11,795.10	29,801.92	786,340.00
			GRAND TOTAL:	29,489.24	25,603.20	55,092.44	3,196,401.78

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

December-10

Total System Credits @ 12/31		149,326.15
Total Bank Credits @ 12/31		43,301.04
12/09/10	Direct to Lender payments applied	127,675.63
12/02/10	funds movement adjustment	(7,575.00	)
12/08/10	funds movement adjustment	(14,075.52	)
Adjusted Bank Credits:		149,326.15
		—

Berkadia Commercial Mortgage

College and University Loan Trust I

Remittance Report Reconciliation

December-10

Total Bank Credits @ 12/31		43,301.04
Total Debits to Trustee @ 12/31		20,170.27
12/02/10	Service Fee	1,480.25
12/02/10	funds movement adjustment	7,575.00
12/08/10	funds movement adjustment	14,075.52
Adjusted Debits to Trustee		43,301.04
		—

12/1/2010	Loan Payment	2	21014401	Loan Payment	(7,575.00	)
12/1/2010	Loan Payment		23000003	Loan Payment	7,575.00
12/7/2010	Loan Payment	3	20018701	Loan Payment	(8,682.42	)
12/7/2010	Loan Payment		21018701	Loan Payment	(5,393.10	)
12/7/2010	Loan Payment		23000003	Loan Payment	14,075.52
12/9/2010	Loan Payment	5	20000101	Loan Payment	(89,975.00	)
12/9/2010	Loan Payment		20019201	Loan Payment	(34,950.00	)
12/9/2010	Loan Payment		21019201	Loan Payment	(2,750.63	)
12/9/2010	Loan Payment		23000001	Loan Payment	89,975.00
12/9/2010	Loan Payment		23000001	Loan Payment	37,700.63
12/8/2010	Wires	2	23000001	Wires	14,075.52
12/8/2010	Wires		23000003	Wires	(14,075.52	)
12/2/2010	Wires	2	23000001	Wires	6,094.75
12/2/2010	Wires		23000003	Wires	(6,094.75	)