Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of January 01, 2012 through January 31, 2012

Collections:
Principal Payments	381,025.83
Interest Payments	33,034.67
Total Principal and Interest Collections	414,060.50
Payments and Reversals Posted to Suspense	(0.08	)
Total Collections	414,060.42
Less: Servicing Fees (not withheld from remittances)	(1,471.79	)
Net Collections	412,588.63

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of January 01, 2012 through January 31, 2012

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
1012012		30112002	GEORGE FOX CO		11,126.61		2,487.19		13,613.80		331,624.80		124.36
1012012		30123701	PHILADELPHIA		54,063.70		19,844.50		73,908.20		1,322,966.53		496.11
1012012		30129101	SIMPSON COLLE		—		1,650.00		1,650.00		110,000.00		41.25
1012012		30137702	VERMONT STATE		—		900.00		900.00		60,000.00		22.50
1012012		30112901	HAMPSHIRE COL		15,938.07		978.01		16,916.08		65,200.60		24.45
1012012		30114802	INTER AMERICA		79,942.85		12,854.35		92,797.20		856,957.15		321.36
1012012		30134402	UNIVERSITY OF		—		7,875.00		7,875.00		525,000.00		196.88
1012012		30121201	NEWARK BETH I		50,000.00		2,900.00		52,900.00		160,000.00		60.00
													—
			TOTALS:		211,071.23		49,489.05		260,560.28		3,431,749.08		1,286.91

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of January 01, 2012 through January 31, 2012

Loan Number	Payoff Date		Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
30132003		1/18/2012		264,915.00		261,000.00		3,915.00				10012013
TOTALS:				264,915.00		261,000.00		3,915.00		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of January 01, 2012 through January 31, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of January 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30100103	ALABAMA AGRICULTURAL		3		790,000.00		5012018
30101601	AUBURN UNIVERSITY		3		910,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		65,000.00		4012015
30102604	BENEDICT COLLEGE		3		905,000.00		11012020
30102802	BETHANY COLLEGE - DORM BOND 1965		3.375		11,000.00		11012012
30102803	BETHANY COLLEGE - HALL BOND 1967		3		110,000.00		11012017
30102804	BETHANY COLLEGE - NOTE OF 1973		3		50,000.00		11012012
30104102	CALIFORNIA STATE UNIVERSITY,		3		205,000.00		11012013
30104201	TRUST SERVICES DIVISION		3		1,218,000.00		11012019
30104605	CARNEGIE MELLON		3		390,000.00		11012017
30105701	CHAMPLAIN COLLEGE, INC.		3		26,020.91		12012013
30106904	COLLEGE OF SANTA FE		3		247,000.00		10012018
30108101	CUMBERLAND COLLEGE		3		128,000.00		8012017
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3		215,000.00		4012016
30109502	DREXEL UNIVERSITY		3.5		270,000.00		5012014
30109604	DRURY COLLEGE		3		71,000.00		4012015
30110101	ELIZABETH CITY STATE UNIVERSITY		3		150,000.00		10012017
30110401	EMMANUEL COLLEGE		3		28,000.00		11012013
30110802	FAIRLEIGH DICKINSON UNIV		3		650,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		320,498.19		7012018
30112301	GEORGETOWN UNIVERSITY		3		1,417,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		3,765,000.00		11012020
30112901	HAMPSHIRE COLLEGE		3		49,262.53		7012013
30112902	HAMPSHIRE COLLEGE		3		227,691.40		2012014
30113702	HIWASSEE COLLEGE		3		86,590.40		9152018
30114001	HOOD COLLEGE		3.625		62,000.00		11012014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		777,014.30		1012017
30116201	LASSEN JUNIOR COLLEGE		3		229,000.00		4012020
30117002	LONG ISLAND UNIVERSITY		3.625		161,789.48		6012014
30117402	LYCOMING COLLEGE		3.625		59,000.00		5012014
30117403	LYCOMING COLLEGE		3.75		99,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		138,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		275,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		185,000.00		10012016
30118302	MARY BALDWIN COLLEGE		3.375		23,000.00		5012012
30118401	MARYMOUNT UNIVERSITY		3		215,000.00		5012016
30119001	SLOAN-MEMORIAL KETTERING CANCER CENTER		3.375		59,000.00		4012012
30119202	MERCER UNIV. ACCOUNTING OFFICE		3		97,036.64		5012014
30119801	MILLSAPS COLLEGE		3		308,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		760,000.00		12012020
30120402	MORAVIAN COLLEGE		3.375		20,000.00		11012012
30120601	MORGAN STATE UNIVERSITY		3		528,380.65		11012014
30121101	NEW ENGLAND COLLEGE		3		55,000.00		4012016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.625		160,000.00		1012014
30121501	NORFOLK STATE UNIVERSITY		3		1,496,707.01		12012021
30122302	NORTHEASTERN UNIVERSITY		3		1,257,614.32		5012018
30123401	PAINE COLLEGE		3		319,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		1,268,902.83		1012022
30125504	RIDER COLLEGE		3.625		595,000.00		11012013
30125506	RIDER COLLEGE		3		172,000.00		5012017

Page 1 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of January 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30127402	ST MARY’S SCHOOL		3		197,000.00		6012020
30127602	SAINT MICHAELS COLLEGE		3		252,416.18		5012013
30127801	SAINT PAULS COLLEGE		3		115,437.13		11012014
30128001	SAINT VINCENT COLLEGE		3.5		110,000.00		5012013
30128802	SETON HILL COLLEGE		3.625		81,000.00		11012014
30129101	SIMPSON COLLEGE - BOND 1966		3		110,000.00		7012016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3		685,000.00		10012015
30130703	SPRINGFIELD COLLEGE		3.5		53,000.00		5012013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.375		177,000.00		10012012
30132402	TEXAS SOUTHERN UNIVERSITY		3.5		130,000.00		4012013
30132904	TUFTS UNIVERSITY		3		1,232,000.00		10012021
30133201	UNIV STUDENT COOP HOUSING		3		740,000.00		4012019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3		525,000.00		7012014
30136801	UNIVERSITY OF ST THOMAS		3		305,000.00		10012019
30137702	VERMONT STATE COLLEGE		3		60,000.00		7012014
30137802	VILLANOVA UNIVERSITY		3		550,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		2,220,000.00		6012023
30138702	WESLEY COLLEGE		3.375		23,000.00		5012013
30140502	WITTENBERG UNIVERSITY		3		230,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		92,000.00		11012017
	TOTALS:				29,515,361.95

Page 2 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of January 31, 2012

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		46,125.00		130,000.00
30125504	RIDER COLLEGE	11/01/10		301,768.72		595,000.00
30117002	LONG ISLAND UNIVERSITY	06/01/11		29,236.36		161,789.48
TOTAL:				377,130.08		886,789.48

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of January 31, 2012

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of February 01, 2012 through February 29, 2012

Collections:
Principal Payments	—
Interest Payments	1,920.00
Total Principal and Interest Collections	1,920.00
Payments and Reversals Posted to Suspense	—
Total Collections	1,920.00
Less: Servicing Fees (not withheld from remittances)	(153.95	)
Net Collections	1,766.05

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of February 01, 2012 through February 29, 2012

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
2012012		30108101	CUMBERLAND CO		—		1,920.00		1,920.00		128,000.00		48.00
2012012		30112902	HAMPSHIRE COL		54,835.52		4,237.90		59,073.42		282,526.92		105.95
													—
													—
													—
													—
													—
													—
			TOTALS:		54,835.52		6,157.90		60,993.42		410,526.92		153.95

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of February 01, 2012 through February 29, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of February 01, 2012 through February 29, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of February 29, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30100103	ALABAMA AGRICULTURAL		3		790,000.00		5012018
30101601	AUBURN UNIVERSITY		3		910,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		65,000.00		4012015
30102604	BENEDICT COLLEGE		3		905,000.00		11012020
30102802	BETHANY COLLEGE - DORM BOND 1965		3.375		11,000.00		11012012
30102803	BETHANY COLLEGE - HALL BOND 1967		3		110,000.00		11012017
30102804	BETHANY COLLEGE - NOTE OF 1973		3		50,000.00		11012012
30104102	CALIFORNIA STATE UNIVERSITY,		3		205,000.00		11012013
30104201	TRUST SERVICES DIVISION		3		1,218,000.00		11012019
30104605	CARNEGIE MELLON		3		390,000.00		11012017
30105701	CHAMPLAIN COLLEGE, INC.		3		26,020.91		12012013
30106904	COLLEGE OF SANTA FE		3		247,000.00		10012018
30108101	CUMBERLAND COLLEGE		3		128,000.00		8012017
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3		215,000.00		4012016
30109502	DREXEL UNIVERSITY		3.5		270,000.00		5012014
30109604	DRURY COLLEGE		3		71,000.00		4012015
30110101	ELIZABETH CITY STATE UNIVERSITY		3		150,000.00		10012017
30110401	EMMANUEL COLLEGE		3		28,000.00		11012013
30110802	FAIRLEIGH DICKINSON UNIV		3		650,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		320,498.19		7012018
30112301	GEORGETOWN UNIVERSITY		3		1,417,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		3,765,000.00		11012020
30112901	HAMPSHIRE COLLEGE		3		49,262.53		7012013
30112902	HAMPSHIRE COLLEGE		3		227,691.40		2012014
30113702	HIWASSEE COLLEGE		3		86,590.40		9152018
30114001	HOOD COLLEGE		3.625		62,000.00		11012014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		777,014.30		1012017
30116201	LASSEN JUNIOR COLLEGE		3		229,000.00		4012020
30117002	LONG ISLAND UNIVERSITY		3.625		161,789.48		6012014
30117402	LYCOMING COLLEGE		3.625		59,000.00		5012014
30117403	LYCOMING COLLEGE		3.75		99,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		138,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		275,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		185,000.00		10012016
30118302	MARY BALDWIN COLLEGE		3.375		23,000.00		5012012
30118401	MARYMOUNT UNIVERSITY		3		215,000.00		5012016
30119001	SLOAN-MEMORIAL KETTERING CANCER CENTER		3.375		59,000.00		4012012
30119202	MERCER UNIV. ACCOUNTING OFFICE		3		97,036.64		5012014
30119801	MILLSAPS COLLEGE		3		308,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		760,000.00		12012020
30120402	MORAVIAN COLLEGE		3.375		20,000.00		11012012
30120601	MORGAN STATE UNIVERSITY		3		528,380.65		11012014
30121101	NEW ENGLAND COLLEGE		3		55,000.00		4012016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.625		160,000.00		1012014
30121501	NORFOLK STATE UNIVERSITY		3		1,496,707.01		12012021
30122302	NORTHEASTERN UNIVERSITY		3		1,257,614.32		5012018
30123401	PAINE COLLEGE		3		319,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		1,268,902.83		1012022
30125504	RIDER COLLEGE		3.625		595,000.00		11012013
30125506	RIDER COLLEGE		3		172,000.00		5012017

Page 1 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of February 29, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30127402	ST MARY’S SCHOOL		3		197,000.00		6012020
30127602	SAINT MICHAELS COLLEGE		3		252,416.18		5012013
30127801	SAINT PAULS COLLEGE		3		115,437.13		11012014
30128001	SAINT VINCENT COLLEGE		3.5		110,000.00		5012013
30128802	SETON HILL COLLEGE		3.625		81,000.00		11012014
30129101	SIMPSON COLLEGE - BOND 1966		3		110,000.00		7012016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3		685,000.00		10012015
30130703	SPRINGFIELD COLLEGE		3.5		53,000.00		5012013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.375		177,000.00		10012012
30132402	TEXAS SOUTHERN UNIVERSITY		3.5		130,000.00		4012013
30132904	TUFTS UNIVERSITY		3		1,232,000.00		10012021
30133201	UNIV STUDENT COOP HOUSING		3		740,000.00		4012019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3		525,000.00		7012014
30136801	UNIVERSITY OF ST THOMAS		3		305,000.00		10012019
30137702	VERMONT STATE COLLEGE		3		60,000.00		7012014
30137802	VILLANOVA UNIVERSITY		3		550,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		2,220,000.00		6012023
30138702	WESLEY COLLEGE		3.375		23,000.00		5012013
30140502	WITTENBERG UNIVERSITY		3		230,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		92,000.00		11012017
	TOTALS:				29,515,361.95

Page 2 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of February 29, 2012

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		46,125.00		130,000.00
30125504	RIDER COLLEGE	11/01/10		301,768.72		595,000.00
30117002	LONG ISLAND UNIVERSITY	06/01/11		29,236.36		161,789.48
TOTAL:				377,130.08		886,789.48

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of February 29, 2012

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of March 01, 2012 through March 31, 2012

Collections:
Principal Payments	90,609.14
Interest Payments	23,258.86
Total Principal and Interest Collections	113,868.00
Payments and Reversals Posted to Suspense	—
Total Collections	113,868.00
Less: Servicing Fees (not withheld from remittances)	(32.47	)
Net Collections	113,835.53

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of March 01, 2012 through March 31, 2012

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
3152012		30113702	HIWASSEE COLL		5,609.14		1,298.86		6,908.00		86,590.40		32.47
													—
													—
													—
													—
													—
													—
													—
			TOTALS:		5,609.14		1,298.86		6,908.00		86,590.40		32.47

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of March 01, 2012 through March 31, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of March 01, 2012 through March 31, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of March 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30100103	ALABAMA AGRICULTURAL		3		790,000.00		5012018
30101601	AUBURN UNIVERSITY		3		910,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		65,000.00		4012015
30102604	BENEDICT COLLEGE		3		905,000.00		11012020
30102802	BETHANY COLLEGE - DORM BOND		3.375		11,000.00		11012012
30102803	BETHANY COLLEGE - HALL BOND 1967		3		110,000.00		11012017
30102804	BETHANY COLLEGE - NOTE OF 1973		3		50,000.00		11012012
30104102	CALIFORNIA STATE UNIVERSITY,		3		205,000.00		11012013
30104201	TRUST SERVICES DIVISION		3		1,218,000.00		11012019
30104605	CARNEGIE MELLON		3		390,000.00		11012017
30105701	CHAMPLAIN COLLEGE, INC.		3		26,020.91		12012013
30106904	COLLEGE OF SANTA FE		3		247,000.00		10012018
30108101	CUMBERLAND COLLEGE		3		128,000.00		8012017
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3		215,000.00		4012016
30109502	DREXEL UNIVERSITY		3.5		270,000.00		5012014
30109604	DRURY COLLEGE		3		71,000.00		4012015
30110101	ELIZABETH CITY STATE UNIVERSITY		3		150,000.00		10012017
30110401	EMMANUEL COLLEGE		3		28,000.00		11012013
30110802	FAIRLEIGH DICKINSON UNIV		3		650,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		320,498.19		7012018
30112301	GEORGETOWN UNIVERSITY		3		1,417,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		3,765,000.00		11012020
30112901	HAMPSHIRE COLLEGE		3		49,262.53		7012013
30112902	HAMPSHIRE COLLEGE		3		227,691.40		2012014
30113702	HIWASSEE COLLEGE		3		80,981.26		9152018
30114001	HOOD COLLEGE		3.625		62,000.00		11012014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		777,014.30		1012017
30116201	LASSEN JUNIOR COLLEGE		3		204,000.00		4012020
30117002	LONG ISLAND UNIVERSITY		3.625		161,789.48		6012014
30117402	LYCOMING COLLEGE		3.625		59,000.00		5012014
30117403	LYCOMING COLLEGE		3.75		99,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		138,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		275,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		185,000.00		10012016
30118302	MARY BALDWIN COLLEGE		3.375		23,000.00		5012012
30118401	MARYMOUNT UNIVERSITY		3		215,000.00		5012016
30119001	SLOAN-MEMORIAL KETTERING CANCER CENTER		3.375		59,000.00		4012012
30119202	MERCER UNIV. ACCOUNTING OFFICE		3		97,036.64		5012014
30119801	MILLSAPS COLLEGE		3		308,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		760,000.00		12012020
30120402	MORAVIAN COLLEGE		3.375		20,000.00		11012012
30120601	MORGAN STATE UNIVERSITY		3		528,380.65		11012014
30121101	NEW ENGLAND COLLEGE		3		55,000.00		4012016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.625		160,000.00		1012014
30121501	NORFOLK STATE UNIVERSITY		3		1,496,707.01		12012021
30122302	NORTHEASTERN UNIVERSITY		3		1,257,614.32		5012018
30123401	PAINE COLLEGE		3		319,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		1,268,902.83		1012022
30125504	RIDER COLLEGE		3.625		595,000.00		11012013
30125506	RIDER COLLEGE		3		172,000.00		5012017

Page 1 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of March 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30127402	ST MARY’S SCHOOL		3		197,000.00		6012020
30127602	SAINT MICHAELS COLLEGE		3		252,416.18		5012013
30127801	SAINT PAULS COLLEGE		3		115,437.13		11012014
30128001	SAINT VINCENT COLLEGE		3.5		110,000.00		5012013
30128802	SETON HILL COLLEGE		3.625		81,000.00		11012014
30129101	SIMPSON COLLEGE - BOND 1966		3		110,000.00		7012016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3		685,000.00		10012015
30130703	SPRINGFIELD COLLEGE		3.5		53,000.00		5012013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.375		177,000.00		10012012
30132402	TEXAS SOUTHERN UNIVERSITY		3.5		130,000.00		4012013
30132904	TUFTS UNIVERSITY		3		1,232,000.00		10012021
30133201	UNIV STUDENT COOP HOUSING		3		740,000.00		4012019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3		525,000.00		7012014
30136801	UNIVERSITY OF ST THOMAS		3		305,000.00		10012019
30137702	VERMONT STATE COLLEGE		3		60,000.00		7012014
30137802	VILLANOVA UNIVERSITY		3		490,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		2,220,000.00		6012023
30138702	WESLEY COLLEGE		3.375		23,000.00		5012013
30140502	WITTENBERG UNIVERSITY		3		230,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		92,000.00		11012017
	TOTALS:				29,424,752.81

Page 2 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of March 31, 2012

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		46,125.00		130,000.00
30125504	RIDER COLLEGE	11/01/10		301,768.72		595,000.00
30117002	LONG ISLAND UNIVERSITY	06/01/11		29,236.36		161,789.48
30121201	NEWARK BETH ISRAEL MEDICAL CENTER	01/01/12		52,900.00		160,000.00
TOTAL:				430,030.08		1,046,789.48

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of March 31, 2012

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of April 01, 2012 through April 30, 2012

Collections:
Principal Payments	312,180.06
Interest Payments	64,692.50
Total Principal and Interest Collections	376,872.56
Payments and Reversals Posted to Suspense	3,456.00
Total Collections	380,328.56
Less: Servicing Fees (not withheld from remittances)	(1,493.11	)
Net Collections	378,835.45

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of April 01, 2012 through April 30, 2012

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
4012012		30106904	COLLEGE OF SA		—		3,705.00		3,705.00		247,000.00		92.63
4012012		30109604	DRURY COLLEGE		11,000.00		1,065.00		12,065.00		71,000.00		26.63
4012012		30110101	ELIZABETH CIT		—		2,250.00		2,250.00		150,000.00		56.25
4012012		30112002	GEORGE FOX CO		11,210.06		2,403.74		13,613.80		320,498.19		120.19
4012012		30117801	MARIAN COLLEG		—		2,775.00		2,775.00		185,000.00		69.38
4012012		30119001	MEMORIAL SLOA		59,000.00		995.63		59,995.63		59,000.00		22.13
4012012		30121101	NEW ENGLAND C		10,000.00		825.00		10,825.00		55,000.00		20.63
4012012		30133201	UNIV STU COOP		85,000.00		11,100.00		96,100.00		740,000.00		277.50
4012012		30136801	UNIVERSITY OF		—		4,575.00		4,575.00		305,000.00		114.38
4012012		30130903	STEPHEN F AUS		—		2,986.88		2,986.88		177,000.00		66.38
4012012		30132904	TUFTS UNIVERS		—		18,480.00		18,480.00		1,232,000.00		462.00
4012012		30101701	AZUSA PACIFIC		16,000.00		1,218.75		17,218.75		65,000.00		24.38
4012012		30108202	DAEMEN COLLEG		40,000.00		3,225.00		43,225.00		215,000.00		80.63
4012012		30109801	DYOUVILLE COL		62,000.00		6,968.03		68,968.03		464,535.00		174.20
4012012		30113601	HINDS JUNIOR		180,000.00		3,135.00		183,135.00		209,000.00		78.38
4012012		30123401	PAINE COLLEGE		—		4,800.00		4,800.00		319,999.99		120.00
4012012		30132003	TAYLOR UNIVER		—		1,965.00		1,965.00		131,000.00		49.13
4012012		30132402	TEXAS SOUTHER		45,000.00		1,575.00		46,575.00		90,000.00		33.75

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of April 01, 2012 through April 30, 2012

Loan Number	Payoff Date		Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
30119001		4/2/2012		59,995.63		59,000.00		995.63				4012012
TOTALS:				59,995.63		59,000.00		995.63		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of April 01, 2012 through April 30, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of April 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30100103	ALABAMA AGRICULTURAL		3		790,000.00		5012018
30101601	AUBURN UNIVERSITY		3		910,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		49,000.00		4012015
30102604	BENEDICT COLLEGE		3		905,000.00		11012020
30102802	BETHANY COLLEGE - DORM BOND		3.375		11,000.00		11012012
30102803	BETHANY COLLEGE - HALL BOND 1967		3		110,000.00		11012017
30102804	BETHANY COLLEGE - NOTE OF 1973		3		50,000.00		11012012
30104102	CALIFORNIA STATE UNIVERSITY,		3		205,000.00		11012013
30104201	TRUST SERVICES DIVISION		3		1,218,000.00		11012019
30104605	CARNEGIE MELLON		3		360,000.00		11012017
30105701	CHAMPLAIN COLLEGE, INC.		3		26,020.91		12012013
30106904	COLLEGE OF SANTA FE		3		247,000.00		10012018
30108101	CUMBERLAND COLLEGE		3		128,000.00		8012017
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3		175,000.00		4012016
30109502	DREXEL UNIVERSITY		3.5		270,000.00		5012014
30109604	DRURY COLLEGE		3		60,000.00		4012015
30110101	ELIZABETH CITY STATE UNIVERSITY		3		150,000.00		10012017
30110401	EMMANUEL COLLEGE		3		28,000.00		11012013
30110802	FAIRLEIGH DICKINSON UNIV		3		650,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		309,288.13		7012018
30112301	GEORGETOWN UNIVERSITY		3		1,417,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		3,765,000.00		11012020
30112901	HAMPSHIRE COLLEGE		3		49,262.53		7012013
30112902	HAMPSHIRE COLLEGE		3		227,691.40		2012014
30113702	HIWASSEE COLLEGE		3		80,981.26		9152018
30114001	HOOD COLLEGE		3.625		62,000.00		11012014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		777,014.30		1012017
30116201	LASSEN JUNIOR COLLEGE		3		204,000.00		4012020
30117002	LONG ISLAND UNIVERSITY		3.625		161,789.48		6012014
30117402	LYCOMING COLLEGE		3.625		59,000.00		5012014
30117403	LYCOMING COLLEGE		3.75		99,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		138,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		275,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		185,000.00		10012016
30118302	MARY BALDWIN COLLEGE		3.375		23,000.00		5012012
30118401	MARYMOUNT UNIVERSITY		3		215,000.00		5012016
30119202	MERCER UNIV. ACCOUNTING OFFICE		3		97,036.64		5012014
30119801	MILLSAPS COLLEGE		3		308,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		760,000.00		12012020
30120402	MORAVIAN COLLEGE		3.375		20,000.00		11012012
30120601	MORGAN STATE UNIVERSTIY		3		528,380.65		11012014
30121101	NEW ENGLAND COLLEGE		3		45,000.00		4012016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.625		110,030.00		1012014
30121501	NORFOLK STATE UNIVERSITY		3		1,496,707.01		12012021
30122302	NORTHEASTERN UNIVERSITY		3		1,257,614.32		5012018
30123401	PAINE COLLEGE		3		319,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		1,268,902.83		1012022
30125504	RIDER COLLEGE		3.625		595,000.00		11012013
30125506	RIDER COLLEGE		3		172,000.00		5012017
30127402	ST MARY’S SCHOOL		3		197,000.00		6012020

Page 1 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of April 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30127602	SAINT MICHAELS COLLEGE		3		252,416.18		5012013
30127801	SAINT PAULS COLLEGE		3		115,437.13		11012014
30128001	SAINT VINCENT COLLEGE		3.5		110,000.00		5012013
30128802	SETON HILL COLLEGE		3.625		81,000.00		11012014
30129101	SIMPSON COLLEGE - BOND 1966		3		110,000.00		7012016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3		685,000.00		10012015
30130703	SPRINGFIELD COLLEGE		3.5		53,000.00		5012013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.375		177,000.00		10012012
30132402	TEXAS SOUTHERN UNIVERSITY		3.5		130,000.00		4012013
30132904	TUFTS UNIVERSITY		3		1,232,000.00		10012021
30133201	UNIV STUDENT COOP HOUSING		3		655,000.00		4012019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3		525,000.00		7012014
30136801	UNIVERSITY OF ST THOMAS		3		305,000.00		10012019
30137702	VERMONT STATE COLLEGE		3		60,000.00		7012014
30137802	VILLANOVA UNIVERSITY		3		490,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		2,220,000.00		6012023
30138702	WESLEY COLLEGE		3.375		23,000.00		5012013
30140502	WITTENBERG UNIVERSITY		3		230,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		92,000.00		11012017
	TOTALS:				29,112,572.75

Page 2 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of April 30, 2012

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		92,700.00		130,000.00
30125504	RIDER COLLEGE	11/01/10		301,768.72		595,000.00
30117002	LONG ISLAND UNIVERSITY	06/01/11		29,236.36		161,789.48
30121201	NEWARK BETH ISRAEL MEDICAL CENTER	01/01/12		30.00		110,030.00
TOTAL:				423,735.08		996,819.48

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of April 30, 2012

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of May 01, 2012 through May 31, 2012

Collections:
Principal Payments	2,092,231.47
Interest Payments	226,091.93
Total Principal and Interest Collections	2,318,323.40
Payments and Reversals Posted to Suspense	66,530.41
Total Collections	2,384,853.81
Less: Servicing Fees (not withheld from remittances)	(4,745.04	)
Net Collections	2,380,108.77

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of May 01, 2012 through May 31, 2012

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
5012012		30100103	ALABAMA AGRIC		110,000.00		11,850.00		121,850.00		790,000.00		296.25
5012012		30102604	BENEDICT COLL		—		13,575.00		13,575.00		905,000.00		339.38
5012012		30102802	BETHANY COLLE		—		185.63		185.63		11,000.00		4.13
5012012		30102803	BETHANY COLLE		—		1,650.00		1,650.00		110,000.00		41.25
5012012		30102804	BETHANY COLLE		25,000.00		750.00		25,750.00		50,000.00		18.75
5012012		30104102	CALIFORNIA ST		—		3,075.00		3,075.00		205,000.00		76.88
5012012		30104201	CALIFORNIA ST		—		18,270.00		18,270.00		1,218,000.00		456.75
5012012		30109502	DREXEL UNIVER		100,000.00		4,725.00		104,725.00		270,000.00		101.25
5012012		30110401	EMMANUEL COLL		—		420.00		420.00		28,000.00		10.50
5012012		30110802	FAIRLEIGH DIC		—		9,750.00		9,750.00		650,000.00		243.75
5012012		30112301	GEORGETOWN UN		—		21,255.00		21,255.00		1,417,000.00		531.38
5012012		30112302	GEORGETOWN UN		—		75,300.00		75,300.00		3,765,000.00		1,411.88
5012012		30114001	HOOD COLLEGE		—		1,123.75		1,123.75		62,000.00		23.25
5012012		30117402	LYCOMING COLL		19,000.00		1,069.37		20,069.37		59,000.00		22.13
5012012		30117403	LYCOMING COLL		25,000.00		1,875.00		26,875.00		99,999.99		37.50
5012012		30117501	LYNCHBURG COL		40,000.00		2,587.50		42,587.50		138,000.00		51.75
5012012		30117502	LYNCHBURG COL		40,000.00		4,125.00		44,125.00		275,000.00		103.13
5012012		30118302	MARY BALDWIN		23,000.00		388.13		23,388.13		23,000.00		8.63
5012012		30118401	MARYMOUNT UNI		40,000.00		3,225.00		43,225.00		215,000.00		80.63
5012012		30119202	MERCER UNIVER		18,833.80		1,455.55		20,289.35		97,036.64		36.39
5012012		30119801	MILLSAPS COLL		—		4,620.00		4,620.00		308,000.00		115.50
5012012		30120601	MORGAN STATE		84,818.44		7,925.72		92,744.16		528,380.65		198.14
5012012		30125506	RIDER COLLEGE		25,000.00		2,580.00		27,580.00		172,000.00		64.50
5012012		30127602	ST MICHAELS C		83,073.76		3,786.24		86,860.00		252,416.18		94.66
5012012		30127801	ST PAULS COLL		18,530.53		1,731.56		20,262.09		115,437.13		43.29
5012012		30128802	SETON HILL CO		—		1,468.13		1,468.13		81,000.00		30.38
5012012		30130703	SPRINGFIELD C		45,000.00		927.50		45,927.50		53,000.00		19.88
5012012		30138702	WESLEY COLLEG		21,000.00		388.13		21,388.13		23,000.00		8.63
5012012		30140502	WITTENBERG UN		55,000.00		3,450.00		58,450.00		230,000.00		86.25
5012012		30140503	WITTENBERG UN		—		1,380.00		1,380.00		92,000.00		34.50
5012012		30104605	CARNEGIE-MELL		30,000.00		5,850.00		35,850.00		390,000.00		146.25
5012012		30120402	MORAVIAN COLL		—		337.50		337.50		20,000.00		7.50
5012012		30122302	NORTHEASTERN		88,335.36		18,864.21		107,199.57		1,257,614.32		471.61
5012012		30125504	RIDER COLLEGE		—		5,618.75		5,618.75		310,000.00		116.25
5012012		30128001	ST VINCENT CO		55,000.00		1,925.00		56,925.00		110,000.00		41.25

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of May 01, 2012 through May 31, 2012

Loan Number	Payoff Date		Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
30118302		5/1/2012		23,388.13		23,000.00		388.13				5012012
30122302		5/3/2012		1,276,478.71		1,257,614.32		18,864.39				5012018
TOTALS:				1,299,866.84		1,280,614.32		19,252.52		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of May 01, 2012 through May 31, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of May 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30100103	ALABAMA AGRICULTURAL		3		680,000.00		5012018
30101601	AUBURN UNIVERSITY		3		910,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		49,000.00		4012015
30102604	BENEDICT COLLEGE		3		905,000.00		11012020
30102802	BETHANY COLLEGE - DORM BOND		3.375		11,000.00		11012012
30102803	BETHANY COLLEGE - HALL BOND 1967		3		110,000.00		11012017
30102804	BETHANY COLLEGE - NOTE OF 1973		3		25,000.00		11012012
30104102	CALIFORNIA STATE UNIVERSITY,		3		205,000.00		11012013
30104201	TRUST SERVICES DIVISION		3		1,218,000.00		11012019
30104605	CARNEGIE MELLON		3		360,000.00		11012017
30105701	CHAMPLAIN COLLEGE, INC.		3		19,660.29		12012013
30106904	COLLEGE OF SANTA FE		3		247,000.00		10012018
30108101	CUMBERLAND COLLEGE		3		128,000.00		8012017
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3		175,000.00		4012016
30109502	DREXEL UNIVERSITY		3.5		170,000.00		5012014
30109604	DRURY COLLEGE		3		60,000.00		4012015
30110101	ELIZABETH CITY STATE UNIVERSITY		3		150,000.00		10012017
30110401	EMMANUEL COLLEGE		3		28,000.00		11012013
30110802	FAIRLEIGH DICKINSON UNIV		3		650,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		309,288.13		7012018
30112301	GEORGETOWN UNIVERSITY		3		1,417,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		3,765,000.00		11012020
30112901	HAMPSHIRE COLLEGE		3		49,262.53		7012013
30112902	HAMPSHIRE COLLEGE		3		227,691.40		2012014
30113702	HIWASSEE COLLEGE		3		80,981.26		9152018
30114001	HOOD COLLEGE		3.625		62,000.00		11012014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		777,014.30		1012017
30116201	LASSEN JUNIOR COLLEGE		3		204,000.00		4012020
30117002	LONG ISLAND UNIVERSITY		3.625		161,789.48		6012014
30117402	LYCOMING COLLEGE		3.625		40,000.00		5012014
30117403	LYCOMING COLLEGE		3.75		74,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		98,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		235,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		185,000.00		10012016
30118401	MARYMOUNT UNIVERSITY		3		175,000.00		5012016
30119202	MERCER UNIV. ACCOUNTING OFFICE		3		78,202.84		5012014
30119801	MILLSAPS COLLEGE		3		308,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		760,000.00		12012020
30120402	MORAVIAN COLLEGE		3.375		20,000.00		11012012
30120601	MORGAN STATE UNIVERSITY		3		443,562.21		11012014
30121101	NEW ENGLAND COLLEGE		3		45,000.00		4012016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.625		110,030.00		1012014
30121501	NORFOLK STATE UNIVERSITY		3		1,496,707.01		12012021
30123401	PAINE COLLEGE		3		319,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		1,268,902.83		1012022
30125504	RIDER COLLEGE		3.625		595,000.00		11012013
30125506	RIDER COLLEGE		3		147,000.00		5012017
30127402	ST MARY’S SCHOOL		3		197,000.00		6012020
30127602	SAINT MICHAELS COLLEGE		3		169,342.42		5012013
30127801	SAINT PAULS COLLEGE		3		96,906.60		11012014

Page 1 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of May 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30128001	SAINT VINCENT COLLEGE		3.5		55,000.00		5012013
30128802	SETON HILL COLLEGE		3.625		81,000.00		11012014
30129101	SIMPSON COLLEGE - BOND 1966		3		110,000.00		7012016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3		685,000.00		10012015
30130703	SPRINGFIELD COLLEGE		3.5		8,000.00		5012013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.375		177,000.00		10012012
30132402	TEXAS SOUTHERN UNIVERSITY		3.5		130,000.00		4012013
30132904	TUFTS UNIVERSITY		3		1,232,000.00		10012021
30133201	UNIV STUDENT COOP HOUSING		3		655,000.00		4012019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3		525,000.00		7012014
30136801	UNIVERSITY OF ST THOMAS		3		305,000.00		10012019
30137702	VERMONT STATE COLLEGE		3		60,000.00		7012014
30137802	VILLANOVA UNIVERSITY		3		490,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		2,220,000.00		6012023
30138702	WESLEY COLLEGE		3.375		2,000.00		5012013
30140502	WITTENBERG UNIVERSITY		3		175,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		92,000.00		11012017
	TOTALS:				27,020,341.28

Page 2 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of May 31, 2012

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		92,700.00		130,000.00
30125504	RIDER COLLEGE	11/01/10		307,387.47		595,000.00
30117002	LONG ISLAND UNIVERSITY	06/01/11		29,236.36		161,789.48
30121201	NEWARK BETH ISRAEL MEDICAL CENTER	01/01/12		30.00		110,030.00
30123401	PAINE COLLEGE	04/01/12		4,800.00		319,999.99
TOTAL:				434,153.83		1,316,819.47

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of May 31, 2012

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of June 01, 2012 through June 30, 2012

Collections:
Principal Payments	476,777.97
Interest Payments	111,403.01
Total Principal and Interest Collections	588,180.98
Payments and Reversals Posted to Suspense	83,936.43
Total Collections	672,117.41
Less: Servicing Fees (not withheld from remittances)	(2,616.52	)
Net Collections	669,500.89

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of June 01, 2012 through June 30, 2012

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
6012012		30101601	AUBURN UNIVER		—		13,650.00		13,650.00		910,000.00		341.25
6012012		30119903	MISSISSIPPI S		—		11,400.00		11,400.00		760,000.00		285.00
6012012		30121501	NORFOLK STATE		64,726.17		22,450.61		87,176.78		1,496,707.01		561.27
6012012		30127402	ST MARY’S COL		11,000.00		2,955.00		13,955.00		197,000.00		73.88
6012012		30137901	VINCENNES UNI		160,000.00		33,300.00		193,300.00		2,220,000.00		832.50
6012012		30105701	CHAMPLAIN COL		6,360.62		390.31		6,750.93		26,020.91		9.76
6012012		30117002	LONG ISLAND U		45,000.00		2,446.88		47,446.88		135,000.00		50.63
													—
													—
													—
			TOTALS:		287,086.79		86,592.80		373,679.59		5,744,727.92		2,154.29

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of June 01, 2012 through June 30, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of June 01, 2012 through June 30, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of June 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30100103	ALABAMA AGRICULTURAL		3		680,000.00		5012018
30101601	AUBURN UNIVERSITY		3		910,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		49,000.00		4012015
30102604	BENEDICT COLLEGE		3		905,000.00		11012020
30102802	BETHANY COLLEGE - DORM BOND		3.375		11,000.00		11012012
30102803	BETHANY COLLEGE - HALL BOND 1967		3		110,000.00		11012017
30102804	BETHANY COLLEGE - NOTE OF 1973		3		25,000.00		11012012
30104102	CALIFORNIA STATE UNIVERSITY,		3		205,000.00		11012013
30104201	TRUST SERVICES DIVISION		3		1,218,000.00		11012019
30104605	CARNEGIE MELLON		3		360,000.00		11012017
30105701	CHAMPLAIN COLLEGE, INC.		3		19,660.29		12012013
30106904	COLLEGE OF SANTA FE		3		247,000.00		10012018
30108101	CUMBERLAND COLLEGE		3		128,000.00		8012017
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3		175,000.00		4012016
30109502	DREXEL UNIVERSITY		3.5		170,000.00		5012014
30109604	DRURY COLLEGE		3		60,000.00		4012015
30110101	ELIZABETH CITY STATE UNIVERSITY		3		150,000.00		10012017
30110401	EMMANUEL COLLEGE		3		28,000.00		11012013
30110802	FAIRLEIGH DICKINSON UNIV		3		650,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		309,288.13		7012018
30112301	GEORGETOWN UNIVERSITY		3		1,417,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		3,765,000.00		11012020
30112901	HAMPSHIRE COLLEGE		3		33,085.39		7012013
30112902	HAMPSHIRE COLLEGE		3		227,691.40		2012014
30113702	HIWASSEE COLLEGE		3		80,981.26		9152018
30114001	HOOD COLLEGE		3.625		62,000.00		11012014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		777,014.30		1012017
30116201	LASSEN JUNIOR COLLEGE		3		204,000.00		4012020
30117002	LONG ISLAND UNIVERSITY		3.625		161,789.48		6012014
30117402	LYCOMING COLLEGE		3.625		40,000.00		5012014
30117403	LYCOMING COLLEGE		3.75		74,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		98,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		235,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		185,000.00		10012016
30118401	MARYMOUNT UNIVERSITY		3		175,000.00		5012016
30119202	MERCER UNIV. ACCOUNTING OFFICE		3		78,202.84		5012014
30119801	MILLSAPS COLLEGE		3		308,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		760,000.00		12012020
30120402	MORAVIAN COLLEGE		3.375		20,000.00		11012012
30120601	MORGAN STATE UNIVERSTIY		3		443,562.21		11012014
30121101	NEW ENGLAND COLLEGE		3		45,000.00		4012016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.625		110,030.00		1012014
30121501	NORFOLK STATE UNIVERSITY		3		1,431,980.84		12012021
30123401	PAINE COLLEGE		3		319,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		1,214,028.17		1012022
30125504	RIDER COLLEGE		3.625		595,000.00		11012013
30125506	RIDER COLLEGE		3		147,000.00		5012017
30127402	ST MARY’S SCHOOL		3		186,000.00		6012020
30127602	SAINT MICHAELS COLLEGE		3		169,342.42		5012013
30127801	SAINT PAULS COLLEGE		3		96,906.60		11012014

Page 1 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of June 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30128001	SAINT VINCENT COLLEGE		3.5		55,000.00		5012013
30128802	SETON HILL COLLEGE		3.625		81,000.00		11012014
30129101	SIMPSON COLLEGE - BOND 1966		3		110,000.00		7012016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3		685,000.00		10012015
30130703	SPRINGFIELD COLLEGE		3.5		8,000.00		5012013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.375		177,000.00		10012012
30132402	TEXAS SOUTHERN UNIVERSITY		3.5		130,000.00		4012013
30132904	TUFTS UNIVERSITY		3		1,232,000.00		10012021
30133201	UNIV STUDENT COOP HOUSING		3		655,000.00		4012019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3		355,000.00		7012014
30136801	UNIVERSITY OF ST THOMAS		3		305,000.00		10012019
30137702	VERMONT STATE COLLEGE		3		60,000.00		7012014
30137802	VILLANOVA UNIVERSITY		3		490,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		2,060,000.00		6012023
30138702	WESLEY COLLEGE		3.375		2,000.00		5012013
30140502	WITTENBERG UNIVERSITY		3		175,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		92,000.00		11012017
	TOTALS:				26,543,563.31

Page 2 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of June 30, 2012

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		92,700.00		130,000.00
30125504	RIDER COLLEGE	11/01/10		307,387.47		595,000.00
30117002	LONG ISLAND UNIVERSITY	06/01/11		76,683.24		161,789.48
30121201	NEWARK BETH ISRAEL MEDICAL CENTER	01/01/12		30.00		110,030.00
30123401	PAINE COLLEGE	04/01/12		4,800.00		319,999.99
TOTAL:				481,600.71		1,316,819.47

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of June 30, 2012

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of July 01, 2012 through July 31, 2012

Collections:
Principal Payments	453,030.78
Interest Payments	24,313.52
Total Principal and Interest Collections	477,344.30
Payments and Reversals Posted to Suspense	(97,401.13	)
Total Collections	379,943.17
Less: Servicing Fees (not withheld from remittances)	(1,505.26	)
Net Collections	378,437.91

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of July 01, 2012 through July 31, 2012

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
7012012		30112002	GEORGE FOX CO		11,294.14		2,319.66		13,613.80		309,288.13		115.98
7012012		30114802	INTER AMERICA		81,141.99		11,655.21		92,797.20		777,014.30		291.38
7012012		30121201	NEWARK BETH I		—		1,993.75		1,993.75		110,000.00		41.25
7012012		30129101	SIMPSON COLLE		20,000.00		1,650.00		21,650.00		110,000.00		41.25
7012012		30137702	VERMONT STATE		19,000.00		900.00		19,900.00		60,000.00		22.50
7012012		30112901	HAMPSHIRE COL		16,177.14		738.94		16,916.08		49,262.53		18.47
7012012		30123701	PHILADELPHIA		54,874.66		19,033.54		73,908.20		1,268,902.83		475.84
7012012		30134402	UNIVERSITY OF		170,000.00		7,875.00		177,875.00		525,000.00		196.88
													—
													—
			TOTALS:		372,487.93		46,166.10		418,654.03		3,209,467.79		1,203.55

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of July 01, 2012 through July 31, 2012

Loan Number	Payoff Date		Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
30108101		7/23/2012		129,920.00		128,000.00		1,920.00				8012017
30127801		7/13/2012		97,391.13		96,906.60		484.53				11012014
30137702		7/2/2012		60,905.00		60,000.00		905.00				7012014
TOTALS:				288,216.13		284,906.60		3,309.53		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of July 01, 2012 through July 31, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of July 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30100103	ALABAMA AGRICULTURAL		3		680,000.00		5012018
30101601	AUBURN UNIVERSITY		3		910,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		49,000.00		4012015
30102604	BENEDICT COLLEGE		3		905,000.00		11012020
30102802	BETHANY COLLEGE - DORM BOND		3.375		11,000.00		11012012
30102803	BETHANY COLLEGE - HALL BOND 1967		3		110,000.00		11012017
30102804	BETHANY COLLEGE - NOTE OF 1973		3		25,000.00		11012012
30104102	CALIFORNIA STATE UNIVERSITY,		3		205,000.00		11012013
30104201	TRUST SERVICES DIVISION		3		1,218,000.00		11012019
30104605	CARNEGIE MELLON		3		360,000.00		11012017
30105701	CHAMPLAIN COLLEGE, INC.		3		19,660.29		12012013
30106904	COLLEGE OF SANTA FE		3		247,000.00		10012018
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3		175,000.00		4012016
30109502	DREXEL UNIVERSITY		3.5		170,000.00		5012014
30109604	DRURY COLLEGE		3		60,000.00		4012015
30110101	ELIZABETH CITY STATE UNIVERSITY		3		150,000.00		10012017
30110401	EMMANUEL COLLEGE		3		28,000.00		11012013
30110802	FAIRLEIGH DICKINSON UNIV		3		650,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		297,993.99		7012018
30112301	GEORGETOWN UNIVERSITY		3		1,417,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		3,765,000.00		11012020
30112901	HAMPSHIRE COLLEGE		3		33,085.39		7012013
30112902	HAMPSHIRE COLLEGE		3		172,033.35		2012014
30113702	HIWASSEE COLLEGE		3		80,981.26		9152018
30114001	HOOD COLLEGE		3.625		62,000.00		11012014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		695,872.31		1012017
30116201	LASSEN JUNIOR COLLEGE		3		204,000.00		4012020
30117002	LONG ISLAND UNIVERSITY		3.625		161,789.48		6012014
30117402	LYCOMING COLLEGE		3.625		40,000.00		5012014
30117403	LYCOMING COLLEGE		3.75		74,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		98,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		235,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		185,000.00		10012016
30118401	MARYMOUNT UNIVERSITY		3		175,000.00		5012016
30119202	MERCER UNIV. ACCOUNTING OFFICE		3		78,202.84		5012014
30119801	MILLSAPS COLLEGE		3		308,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		760,000.00		12012020
30120402	MORAVIAN COLLEGE		3.375		20,000.00		11012012
30120601	MORGAN STATE UNIVERSITY		3		443,562.21		11012014
30121101	NEW ENGLAND COLLEGE		3		45,000.00		4012016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.625		110,000.00		1012014
30121501	NORFOLK STATE UNIVERSITY		3		1,431,980.84		12012021
30123401	PAINE COLLEGE		3		319,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		1,214,028.17		1012022
30125504	RIDER COLLEGE		3.625		595,000.00		11012013
30125506	RIDER COLLEGE		3		147,000.00		5012017
30127402	ST MARY’S SCHOOL		3		186,000.00		6012020
30127602	SAINT MICHAELS COLLEGE		3		169,342.42		5012013
30128001	SAINT VINCENT COLLEGE		3.5		55,000.00		5012013
30128802	SETON HILL COLLEGE		3.625		81,000.00		11012014

Page 1 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of July 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30129101	SIMPSON COLLEGE - BOND 1966		3		90,000.00		7012016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3		685,000.00		10012015
30130703	SPRINGFIELD COLLEGE		3.5		8,000.00		5012013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.375		177,000.00		10012012
30132402	TEXAS SOUTHERN UNIVERSITY		3.5		130,000.00		4012013
30132904	TUFTS UNIVERSITY		3		1,232,000.00		10012021
30133201	UNIV STUDENT COOP HOUSING		3		655,000.00		4012019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3		355,000.00		7012014
30136801	UNIVERSITY OF ST THOMAS		3		305,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		490,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		2,060,000.00		6012023
30138702	WESLEY COLLEGE		3.375		2,000.00		5012013
30140502	WITTENBERG UNIVERSITY		3		175,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		92,000.00		11012017
	TOTALS:				26,090,532.53

Page 2 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of July 31, 2012

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		92,700.00		130,000.00
30125504	RIDER COLLEGE	11/01/10		307,387.47		595,000.00
30117002	LONG ISLAND UNIVERSITY	06/01/11		76,683.24		161,789.48
30123401	PAINE COLLEGE	04/01/12		4,800.00		319,999.99
TOTAL:				481,570.71		1,206,789.47

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of July 31, 2012

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of August 01, 2012 through August 31, 2012

Collections:
Principal Payments	—
Interest Payments	—
Total Principal and Interest Collections	—
Payments and Reversals Posted to Suspense	—
Total Collections	—
Less: Servicing Fees (not withheld from remittances)	(85.38	)
Net Collections	(85.38	)

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of August 01, 2012 through August 31, 2012

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
													—
8012012		30112902	HAMPSHIRE COL		55,658.05		3,415.37		59,073.42		227,691.40		85.38
													—
													—
													—
													—
													—
													—
													—
													—
			TOTALS:		55,658.05		3,415.37		59,073.42		227,691.40		85.38

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of August 01, 2012 through August 31, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of August 01, 2012 through August 31, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of August 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30100103	ALABAMA AGRICULTURAL		3		680,000.00		5012018
30101601	AUBURN UNIVERSITY		3		910,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		49,000.00		4012015
30102604	BENEDICT COLLEGE		3		905,000.00		11012020
30102802	BETHANY COLLEGE - DORM BOND		3.375		11,000.00		11012012
30102803	BETHANY COLLEGE - HALL BOND 1967		3		110,000.00		11012017
30102804	BETHANY COLLEGE - NOTE OF 1973		3		25,000.00		11012012
30104102	CALIFORNIA STATE UNIVERSITY,		3		205,000.00		11012013
30104201	TRUST SERVICES DIVISION		3		1,218,000.00		11012019
30104605	CARNEGIE MELLON		3		360,000.00		11012017
30105701	CHAMPLAIN COLLEGE, INC.		3		19,660.29		12012013
30106904	COLLEGE OF SANTA FE		3		247,000.00		10012018
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3		175,000.00		4012016
30109502	DREXEL UNIVERSITY		3.5		170,000.00		5012014
30109604	DRURY COLLEGE		3		60,000.00		4012015
30110101	ELIZABETH CITY STATE UNIVERSITY		3		150,000.00		10012017
30110401	EMMANUEL COLLEGE		3		28,000.00		11012013
30110802	FAIRLEIGH DICKINSON UNIV		3		650,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		297,994.00		7012018
30112301	GEORGETOWN UNIVERSITY		3		1,417,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		3,765,000.00		11012020
30112901	HAMPSHIRE COLLEGE		3		33,085.39		7012013
30112902	HAMPSHIRE COLLEGE		3		172,033.40		2012014
30113702	HIWASSEE COLLEGE		3		80,981.26		9152018
30114001	HOOD COLLEGE		3.625		62,000.00		11012014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		695,872.30		1012017
30116201	LASSEN JUNIOR COLLEGE		3		204,000.00		4012020
30117002	LONG ISLAND UNIVERSITY		3.625		161,789.50		6012014
30117402	LYCOMING COLLEGE		3.625		40,000.00		5012014
30117403	LYCOMING COLLEGE		3.75		74,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		98,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		235,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		185,000.00		10012016
30118401	MARYMOUNT UNIVERSITY		3		175,000.00		5012016
30119202	MERCER UNIV. ACCOUNTING OFFICE		3		78,202.84		5012014
30119801	MILLSAPS COLLEGE		3		308,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		760,000.00		12012020
30120402	MORAVIAN COLLEGE		3.375		20,000.00		11012012
30120601	MORGAN STATE UNIVERSITY		3		443,562.20		11012014
30121101	NEW ENGLAND COLLEGE		3		45,000.00		4012016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.625		110,000.00		1012014
30121501	NORFOLK STATE UNIVERSITY		3		1,431,981.00		12012021
30123401	PAINE COLLEGE		3		320,000.00		10012016
30123701	UNIVERSITY OF THE ARTS		3		1,214,028.00		1012022
30125504	RIDER COLLEGE		3.625		595,000.00		11012013
30125506	RIDER COLLEGE		3		147,000.00		5012017
30127402	ST MARY’S SCHOOL		3		186,000.00		6012020
30127602	SAINT MICHAELS COLLEGE		3		169,342.40		5012013
30128001	SAINT VINCENT COLLEGE		3.5		55,000.00		5012013
30128802	SETON HILL COLLEGE		3.625		81,000.00		11012014

Page 1 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of August 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30129101	SIMPSON COLLEGE - BOND 1966		3		90,000.00		7012016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3		685,000.00		10012015
30130703	SPRINGFIELD COLLEGE		3.5		8,000.00		5012013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.375		177,000.00		10012012
30132402	TEXAS SOUTHERN UNIVERSITY		3.5		130,000.00		4012013
30132904	TUFTS UNIVERSITY		3		1,232,000.00		10012021
30133201	UNIV STUDENT COOP HOUSING		3		655,000.00		4012019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3		355,000.00		7012014
30136801	UNIVERSITY OF ST THOMAS		3		305,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		490,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		2,060,000.00		6012023
30138702	WESLEY COLLEGE		3.375		2,000.00		5012013
30140502	WITTENBERG UNIVERSITY		3		175,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		92,000.00		11012017
	TOTALS:				26,090,532.57

Page 2 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of August 31, 2012

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		92,700.00		130,000.00
30125504	RIDER COLLEGE	11/01/10		307,387.47		595,000.00
30117002	LONG ISLAND UNIVERSITY	06/01/11		76,683.24		161,789.48
30123401	PAINE COLLEGE	04/01/12		4,800.00		319,999.99
30121201	NEWARK BETH ISRAEL MEDICAL CENTER	07/01/12		30.00		110,000.00
TOTAL:				481,600.71		1,316,789.47

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of August 31, 2012

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of September 01, 2012 through September 30, 2012

Collections:
Principal Payments	1,397,000.00
Interest Payments	33,005.00
Total Principal and Interest Collections	1,430,005.00
Payments and Reversals Posted to Suspense	—
Total Collections	1,430,005.00
Less: Servicing Fees (not withheld from remittances)	—
Net Collections	1,430,005.00

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of September 01, 2012 through September 30, 2012

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
9152012		30113702	HIWASSEE COLL		5,693.28		1,214.72		6,908.00		80,981.26		30.37
													—
													—
													—
													—
													—
			TOTALS:		5,693.28		1,214.72		6,908.00		80,981.26		30.37

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of September 01, 2012 through September 30, 2012

Loan Number	Payoff Date		Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
30132904		9/28/2012		1,232,000.00		1,232,000.00		—				10012021
TOTALS:				1,232,000.00		1,232,000.00		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of September 01, 2012 through September 30, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of September 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30100103	ALABAMA AGRICULTURAL		3		680,000.00		5012018
30101601	AUBURN UNIVERSITY		3		910,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		49,000.00		4012015
30102604	BENEDICT COLLEGE		3		905,000.00		11012020
30102802	BETHANY COLLEGE - DORM BOND		3.375		11,000.00		11012012
30102803	BETHANY COLLEGE - HALL BOND 1967		3		110,000.00		11012017
30102804	BETHANY COLLEGE - NOTE OF 1973		3		25,000.00		11012012
30104102	CALIFORNIA STATE UNIVERSITY,		3		205,000.00		11012013
30104201	TRUST SERVICES DIVISION		3		1,218,000.00		11012019
30104605	CARNEGIE MELLON		3		360,000.00		11012017
30105701	CHAMPLAIN COLLEGE, INC.		3		19,660.29		12012013
30106904	COLLEGE OF SANTA FE		3		247,000.00		10012018
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3		175,000.00		4012016
30109502	DREXEL UNIVERSITY		3.5		170,000.00		5012014
30109604	DRURY COLLEGE		3		60,000.00		4012015
30110101	ELIZABETH CITY STATE UNIVERSITY		3		150,000.00		10012017
30110401	EMMANUEL COLLEGE		3		28,000.00		11012013
30110802	FAIRLEIGH DICKINSON UNIV		3		650,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		297,993.99		7012018
30112301	GEORGETOWN UNIVERSITY		3		1,417,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		3,765,000.00		11012020
30112901	HAMPSHIRE COLLEGE		3		33,085.39		7012013
30112902	HAMPSHIRE COLLEGE		3		172,033.35		2012014
30113702	HIWASSEE COLLEGE		3		80,981.26		9152018
30114001	HOOD COLLEGE		3.625		62,000.00		11012014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		695,872.31		1012017
30116201	LASSEN JUNIOR COLLEGE		3		204,000.00		4012020
30117002	LONG ISLAND UNIVERSITY		3.625		161,789.48		6012014
30117402	LYCOMING COLLEGE		3.625		40,000.00		5012014
30117403	LYCOMING COLLEGE		3.75		74,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		98,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		235,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		185,000.00		10012016
30118401	MARYMOUNT UNIVERSITY		3		175,000.00		5012016
30119202	MERCER UNIV. ACCOUNTING OFFICE		3		78,202.84		5012014
30119801	MILLSAPS COLLEGE		3		308,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		760,000.00		12012020
30120402	MORAVIAN COLLEGE		3.375		20,000.00		11012012
30120601	MORGAN STATE UNIVERSITY		3		443,562.21		11012014
30121101	NEW ENGLAND COLLEGE		3		45,000.00		4012016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.625		110,000.00		1012014
30121501	NORFOLK STATE UNIVERSITY		3		1,431,980.84		12012021
30123401	PAINE COLLEGE		3		319,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		1,214,028.17		1012022
30125504	RIDER COLLEGE		3.625		595,000.00		11012013
30125506	RIDER COLLEGE		3		147,000.00		5012017
30127402	ST MARY’S SCHOOL		3		186,000.00		6012020
30127602	SAINT MICHAELS COLLEGE		3		169,342.42		5012013
30128001	SAINT VINCENT COLLEGE		3.5		55,000.00		5012013
30128802	SETON HILL COLLEGE		3.625		81,000.00		11012014

Page 1 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of September 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30129101	SIMPSON COLLEGE - BOND 1966		3		90,000.00		7012016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3		520,000.00		10012015
30130703	SPRINGFIELD COLLEGE		3.5		8,000.00		5012013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.375		177,000.00		10012012
30132402	TEXAS SOUTHERN UNIVERSITY		3.5		130,000.00		4012013
30133201	UNIV STUDENT COOP HOUSING		3		655,000.00		4012019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3		355,000.00		7012014
30136801	UNIVERSITY OF ST THOMAS		3		305,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		490,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		2,060,000.00		6012023
30138702	WESLEY COLLEGE		3.375		2,000.00		5012013
30140502	WITTENBERG UNIVERSITY		3		175,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		92,000.00		11012017
	TOTALS:				24,693,532.53

Page 2 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of September 30, 2012

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		92,700.00		130,000.00
30125504	RIDER COLLEGE	11/01/10		307,387.47		595,000.00
30117002	LONG ISLAND UNIVERSITY	06/01/11		76,683.24		161,789.48
30123401	PAINE COLLEGE	04/01/12		4,800.00		319,999.99
30121201	NEWARK BETH ISRAEL MEDICAL CENTER	07/01/12		30.00		110,000.00
TOTAL:				481,600.71		1,316,789.47

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of September 30, 2012

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of October 01, 2012 through October 31, 2012

Collections:
Principal Payments	621,416.00
Interest Payments	70,033.78
Total Principal and Interest Collections	691,449.78
Payments and Reversals Posted to Suspense	(220,462.35	)
Total Collections	470,987.43
Less: Servicing Fees (not withheld from remittances)	(2,571.81	)
Net Collections	468,415.62

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of October 01, 2012 through October 31, 2012

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
10012012		30101701	AZUSA PACIFIC		—		918.75		918.75		49,000.00		18.38
10012012		30106904	COLLEGE OF SA		36,000.00		3,705.00		39,705.00		247,000.00		92.63
10012012		30108202	DAEMEN COLLEG		—		2,625.00		2,625.00		175,000.00		65.63
10012012		30109604	DRURY COLLEGE		11,000.00		900.00		11,900.00		60,000.00		22.50
10012012		30110101	ELIZABETH CIT		25,000.00		2,250.00		27,250.00		150,000.00		56.25
10012012		30112002	GEORGE FOX CO		11,378.85		2,234.95		13,613.80		297,993.99		111.75
10012012		30117801	MARIAN COLLEG		35,000.00		2,775.00		37,775.00		185,000.00		69.38
10012012		30121101	NEW ENGLAND C		—		675.00		675.00		45,000.00		16.88
10012012		30123401	PAINE COLLEGE		60,000.00		4,800.00		64,800.00		319,999.99		120.00
10012012		30130903	STEPHEN F AUS		177,000.00		2,986.88		179,986.88		177,000.00		66.38
10012012		30133201	UNIV STU COOP		—		9,825.00		9,825.00		655,000.00		245.63
10012012		30136801	UNIVERSITY OF		35,000.00		4,575.00		39,575.00		305,000.00		114.38
10012012		30116201	LASSEN JUNIOR		—		3,060.00		3,060.00		204,000.00		76.50
10012012		30130301	SOUTHWEST TEX		165,000.00		10,275.00		175,275.00		685,000.00		256.88
10012012		30132904	TUFTS UNIVERS		107,000.00		18,480.00		125,480.00		1,232,000.00		462.00
10012012		30137802	VILLANOVA UNI		—		7,350.00		7,350.00		490,000.00		183.75
10012012		30132402	TEXAS SOUTHER		—		787.50		787.50		45,000.00		16.88
													—
			TOTALS:		662,378.85		78,223.08		740,601.93		5,321,993.98		1,995.80

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of October 01, 2012 through October 31, 2012

Loan Number	Payoff Date		Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
30130903		10/1/2012		179,986.88		177,000.00		2,986.88				10012012
TOTALS:				179,986.88		177,000.00		2,986.88		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of October 01, 2012 through October 31, 2012

Loan Number	Date	Total Amount Paid		Principal Amount		Interest Amount
30121501	10-12-12		0.08		0.08		—
TOTAL:			0.08		0.08		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of October 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30100103	ALABAMA AGRICULTURAL		3		680,000.00		5012018
30101601	AUBURN UNIVERSITY		3		910,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		49,000.00		4012015
30102604	BENEDICT COLLEGE		3		905,000.00		11012020
30102802	BETHANY COLLEGE - DORM BOND		3.375		11,000.00		11012012
30102803	BETHANY COLLEGE - HALL BOND 1967		3		110,000.00		11012017
30102804	BETHANY COLLEGE - NOTE OF 1973		3		25,000.00		11012012
30104102	CALIFORNIA STATE UNIVERSITY,		3		205,000.00		11012013
30104201	TRUST SERVICES DIVISION		3		1,218,000.00		11012019
30104605	CARNEGIE MELLON		3		330,000.00		11012017
30105701	CHAMPLAIN COLLEGE, INC.		3		19,660.29		12012013
30106904	COLLEGE OF SANTA FE		3		211,000.00		10012018
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3		175,000.00		4012016
30109502	DREXEL UNIVERSITY		3.5		170,000.00		5012014
30109604	DRURY COLLEGE		3		49,000.00		4012015
30110101	ELIZABETH CITY STATE UNIVERSITY		3		125,000.00		10012017
30110401	EMMANUEL COLLEGE		3		28,000.00		11012013
30110802	FAIRLEIGH DICKINSON UNIV		3		650,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		286,615.14		7012018
30112301	GEORGETOWN UNIVERSITY		3		1,417,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		3,765,000.00		11012020
30112901	HAMPSHIRE COLLEGE		3		33,085.39		7012013
30112902	HAMPSHIRE COLLEGE		3		172,033.35		2012014
30113702	HIWASSEE COLLEGE		3		75,287.98		9152018
30114001	HOOD COLLEGE		3.625		62,000.00		11012014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		695,872.31		1012017
30116201	LASSEN JUNIOR COLLEGE		3		204,000.00		4012020
30117002	LONG ISLAND UNIVERSITY		3.625		116,789.48		6012014
30117402	LYCOMING COLLEGE		3.625		40,000.00		5012014
30117403	LYCOMING COLLEGE		3.75		74,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		98,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		235,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		150,000.00		10012016
30118401	MARYMOUNT UNIVERSITY		3		175,000.00		5012016
30119202	MERCER UNIV. ACCOUNTING OFFICE		3		78,202.84		5012014
30119801	MILLSAPS COLLEGE		3		308,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		760,000.00		12012020
30120402	MORAVIAN COLLEGE		3.375		20,000.00		11012012
30120601	MORGAN STATE UNIVERSITY		3		443,562.21		11012014
30121101	NEW ENGLAND COLLEGE		3		45,000.00		4012016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.625		110,000.00		1012014
30121501	NORFOLK STATE UNIVERSITY		3		1,431,980.76		12012021
30123401	PAINE COLLEGE		3		259,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		1,214,028.17		1012022
30125504	RIDER COLLEGE		3.625		444,656.21		11012013
30125506	RIDER COLLEGE		3		147,000.00		5012017
30127402	ST MARY’S SCHOOL		3		186,000.00		6012020
30127602	SAINT MICHAELS COLLEGE		3		169,342.42		5012013
30128001	SAINT VINCENT COLLEGE		3.5		55,000.00		5012013
30128802	SETON HILL COLLEGE		3.625		81,000.00		11012014

Page 1 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of October 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30129101	SIMPSON COLLEGE - BOND 1966		3		90,000.00		7012016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3		520,000.00		10012015
30130703	SPRINGFIELD COLLEGE		3.5		8,000.00		5012013
30132402	TEXAS SOUTHERN UNIVERSITY		3.5		130,000.00		4012013
30133201	UNIV STUDENT COOP HOUSING		3		655,000.00		4012019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3		355,000.00		7012014
30136801	UNIVERSITY OF ST THOMAS		3		270,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		490,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		2,060,000.00		6012023
30138702	WESLEY COLLEGE		3.375		2,000.00		5012013
30140502	WITTENBERG UNIVERSITY		3		175,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		92,000.00		11012017
	TOTALS:				24,072,116.53

Page 2 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of October 31, 2012

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		93,487.50		130,000.00
30125504	RIDER COLLEGE	11/01/11		140,274.96		444,656.21
30117002	LONG ISLAND UNIVERSITY	06/01/12		26,789.48		116,789.48
TOTAL:				260,551.94		691,445.69

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of October 31, 2012

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of November 01, 2012 through November 30, 2012

Collections:
Principal Payments	1,300,548.41
Interest Payments	189,079.95
Total Principal and Interest Collections	1,489,628.36
Payments and Reversals Posted to Suspense	155,343.79
Total Collections	1,644,972.15
Less: Servicing Fees (not withheld from remittances)	(4,324.38	)
Net Collections	1,640,647.77

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of November 01, 2012 through November 30, 2012

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
11012012		30100103	ALABAMA AGRIC		—		10,200.00		10,200.00		680,000.00		255.00
11012012		30102604	BENEDICT COLL		89,000.00		13,575.00		102,575.00		905,000.00		339.38
11012012		30102802	BETHANY COLLE		11,000.00		185.63		11,185.63		11,000.00		4.13
11012012		30102803	BETHANY COLLE		15,000.00		1,650.00		16,650.00		110,000.00		41.25
11012012		30102804	BETHANY COLLE		25,000.00		375.00		25,375.00		25,000.00		9.38
11012012		30104102	CALIFORNIA ST		100,000.00		3,075.00		103,075.00		205,000.00		76.88
11012012		30104201	CALIFORNIA ST		140,000.00		18,270.00		158,270.00		1,218,000.00		456.75
11012012		30109502	DREXEL UNIVER		—		2,975.00		2,975.00		170,000.00		63.75
11012012		30110401	EMMANUEL COLL		14,000.00		420.00		14,420.00		28,000.00		10.50
11012012		30110802	FAIRLEIGH DIC		100,000.00		9,750.00		109,750.00		650,000.00		243.75
11012012		30112301	GEORGETOWN UN		140,000.00		21,255.00		161,255.00		1,417,000.00		531.38
11012012		30112302	GEORGETOWN UN		360,000.00		75,300.00		435,300.00		3,765,000.00		1,411.88
11012012		30117402	LYCOMING COLL		—		725.00		725.00		40,000.00		15.00
11012012		30117403	LYCOMING COLL		—		1,406.25		1,406.25		74,999.99		28.12
11012012		30117501	LYNCHBURG COL		—		1,837.50		1,837.50		98,000.00		36.75
11012012		30117502	LYNCHBURG COL		—		3,525.00		3,525.00		235,000.00		88.13
11012012		30118401	MARYMOUNT UNI		—		2,625.00		2,625.00		175,000.00		65.63
11012012		30119202	MERCER UNIVER		19,116.31		1,173.04		20,289.35		78,202.84		29.33
11012012		30119801	MILLSAPS COLL		28,000.00		4,620.00		32,620.00		308,000.00		115.50
11012012		30120402	MORAVIAN COLL		20,000.00		337.50		20,337.50		20,000.00		7.50
11012012		30125506	RIDER COLLEGE		—		2,205.00		2,205.00		147,000.00		55.13
11012012		30127602	ST MICHAELS C		84,319.86		2,540.14		86,860.00		169,342.42		63.50
11012012		30128001	ST VINCENT CO		—		962.50		962.50		55,000.00		20.63
11012012		30130703	SPRINGFIELD C		—		140.00		140.00		8,000.00		3.00
11012012		30138702	WESLEY COLLEG		—		33.75		33.75		2,000.00		0.75
11012012		30140502	WITTENBERG UN		—		2,625.00		2,625.00		175,000.00		65.63
11012012		30140503	WITTENBERG UN		14,000.00		1,380.00		15,380.00		92,000.00		34.50
11012012		30104605	CARNEGIE-MELL		30,000.00		5,400.00		35,400.00		360,000.00		135.00
11012012		30114001	HOOD COLLEGE		23,000.00		1,123.75		24,123.75		62,000.00		23.25
11012012		30120601	MORGAN STATE		86,090.73		6,653.43		92,744.16		443,562.21		166.34
11012012		30125504	RIDER COLLEGE		150,000.00		5,618.75		155,618.75		310,000.00		116.25
11012012		30128802	SETON HILL CO		26,000.00		1,468.13		27,468.13		81,000.00		30.38
			TOTALS:		1,474,526.90		203,430.37		1,677,957.27		12,118,107.46		4,544.35

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of November 01, 2012 through November 30, 2012

Loan Number	Payoff Date		Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
30102802		11/6/2012		11,185.63		11,000.00		185.63				11012012
30102804		11/6/2012		25,375.00		25,000.00		375.00				11012012
30120402		11/1/2012		20,337.50		20,000.00		337.50				11012012
TOTALS:				56,898.13		56,000.00		898.13		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of November 01, 2012 through November 30, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of November 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30100103	ALABAMA AGRICULTURAL		3		680,000.00		5012018
30101601	AUBURN UNIVERSITY		3		910,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		49,000.00		4012015
30102604	BENEDICT COLLEGE		3		816,000.00		11012020
30102803	BETHANY COLLEGE - HALL BOND 1967		3		95,000.00		11012017
30104102	CALIFORNIA STATE UNIVERSITY,		3		105,000.00		11012013
30104201	TRUST SERVICES DIVISION		3		1,078,000.00		11012019
30104605	CARNEGIE MELLON		3		330,000.00		11012017
30105701	CHAMPLAIN COLLEGE, INC.		3		13,204.26		12012013
30106904	COLLEGE OF SANTA FE		3		211,000.00		10012018
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3		175,000.00		4012016
30109502	DREXEL UNIVERSITY		3.5		170,000.00		5012014
30109604	DRURY COLLEGE		3		49,000.00		4012015
30110101	ELIZABETH CITY STATE UNIVERSITY		3		125,000.00		10012017
30110401	EMMANUEL COLLEGE		3		14,000.00		11012013
30110802	FAIRLEIGH DICKINSON UNIV		3		550,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		286,615.14		7012018
30112301	GEORGETOWN UNIVERSITY		3		1,277,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		3,405,000.00		11012020
30112901	HAMPSHIRE COLLEGE		3		33,085.39		7012013
30112902	HAMPSHIRE COLLEGE		3		172,033.35		2012014
30113702	HIWASSEE COLLEGE		3		75,287.98		9152018
30114001	HOOD COLLEGE		3.625		62,000.00		11012014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		695,872.31		1012017
30116201	LASSEN JUNIOR COLLEGE		3		204,000.00		4012020
30117002	LONG ISLAND UNIVERSITY		3.625		116,789.48		6012014
30117402	LYCOMING COLLEGE		3.625		40,000.00		5012014
30117403	LYCOMING COLLEGE		3.75		74,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		98,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		235,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		150,000.00		10012016
30118401	MARYMOUNT UNIVERSITY		3		175,000.00		5012016
30119202	MERCER UNIV. ACCOUNTING OFFICE		3		59,086.53		5012014
30119801	MILLSAPS COLLEGE		3		280,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		760,000.00		12012020
30120601	MORGAN STATE UNIVERSTIY		3		443,562.21		11012014
30121101	NEW ENGLAND COLLEGE		3		45,000.00		4012016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.625		110,000.00		1012014
30121501	NORFOLK STATE UNIVERSITY		3		1,431,980.76		12012021
30123401	PAINE COLLEGE		3		259,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		1,214,028.17		1012022
30125504	RIDER COLLEGE		3.625		310,000.00		11012013
30125506	RIDER COLLEGE		3		147,000.00		5012017
30127402	ST MARY’S SCHOOL		3		186,000.00		6012020
30127602	SAINT MICHAELS COLLEGE		3		85,022.56		5012013
30128001	SAINT VINCENT COLLEGE		3.5		55,000.00		5012013
30128802	SETON HILL COLLEGE		3.625		81,000.00		11012014
30129101	SIMPSON COLLEGE - BOND 1966		3		90,000.00		7012016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3		520,000.00		10012015
30130703	SPRINGFIELD COLLEGE		3.5		8,000.00		5012013

Page 1 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of November 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30132402	TEXAS SOUTHERN UNIVERSITY		3.5		130,000.00		4012013
30133201	UNIV STUDENT COOP HOUSING		3		655,000.00		4012019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3		355,000.00		7012014
30136801	UNIVERSITY OF ST THOMAS		3		270,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		490,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		2,060,000.00		6012023
30138702	WESLEY COLLEGE		3.375		2,000.00		5012013
30140502	WITTENBERG UNIVERSITY		3		175,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		78,000.00		11012017
	TOTALS:				22,771,568.12

Page 2 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of November 30, 2012

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		93,487.50		130,000.00
30117002	LONG ISLAND UNIVERSITY	06/01/12		26,789.48		116,789.48
30123401	PAINE COLLEGE	10/01/12		1,344.00		259,999.99
TOTAL:				121,620.98		506,789.47

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of November 30, 2012

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

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

Collections:
Principal Payments	377,650.48
Interest Payments	111,951.37
Total Principal and Interest Collections	489,601.85
Payments and Reversals Posted to Suspense	2,446.96
Total Collections	492,048.81
Less: Servicing Fees (not withheld from remittances)	(2,257.05	)
Net Collections	489,791.76

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

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

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
12012011		30101601	AUBURN UNIVER		115,000.00		15,375.00		130,375.00		1,025,000.00		384.38
12012011		30119903	MISSISSIPPI S		70,000.00		12,450.00		82,450.00		830,000.00		311.25
12012011		30121501	NORFOLK STATE		63,769.63		23,407.15		87,176.78		1,560,476.64		585.18
12012011		30127402	ST MARY’S COL		11,000.00		3,120.00		14,120.00		208,000.00		78.00
12012011		30137901	VINCENNES UNI		—		33,300.00		33,300.00		2,220,000.00		832.50
12012011		30105701	CHAMPLAIN COL		6,266.62		484.31		6,750.93		32,287.53		12.11
12012011		30117002	LONG ISLAND U		—		2,446.88		2,446.88		135,000.00		50.63
			TOTALS:		266,036.25		90,583.34		356,619.59		6,010,764.17		2,254.05

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

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

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

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

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of December 31, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30100103	ALABAMA AGRICULTURAL		3		790,000.00		5012018
30101601	AUBURN UNIVERSITY		3		910,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		65,000.00		4012015
30102604	BENEDICT COLLEGE		3		905,000.00		11012020
30102802	BETHANY COLLEGE - DORM BOND 1965		3.375		11,000.00		11012012
30102803	BETHANY COLLEGE - HALL BOND 1967		3		110,000.00		11012017
30102804	BETHANY COLLEGE - NOTE OF 1973		3		50,000.00		11012012
30104102	CALIFORNIA STATE UNIVERSITY,		3		205,000.00		11012013
30104201	TRUST SERVICES DIVISION		3		1,218,000.00		11012019
30104605	CARNEGIE MELLON		3		390,000.00		11012017
30105701	CHAMPLAIN COLLEGE, INC.		3		26,020.91		12012013
30106904	COLLEGE OF SANTA FE		3		247,000.00		10012018
30108101	CUMBERLAND COLLEGE		3		128,000.00		8012017
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3		215,000.00		4012016
30109502	DREXEL UNIVERSITY		3.5		270,000.00		5012014
30109604	DRURY COLLEGE		3		71,000.00		4012015
30110101	ELIZABETH CITY STATE UNIVERSITY		3		150,000.00		10012017
30110401	EMMANUEL COLLEGE		3		28,000.00		11012013
30110802	FAIRLEIGH DICKINSON UNIV		3		650,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		331,624.80		7012018
30112301	GEORGETOWN UNIVERSITY		3		1,417,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		3,765,000.00		11012020
30112901	HAMPSHIRE COLLEGE		3		49,262.53		7012013
30112902	HAMPSHIRE COLLEGE		3		282,526.92		2012014
30113702	HIWASSEE COLLEGE		3		86,590.40		9152018
30114001	HOOD COLLEGE		3.625		62,000.00		11012014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		777,014.30		1012017
30116201	LASSEN JUNIOR COLLEGE		3		229,000.00		4012020
30117002	LONG ISLAND UNIVERSITY		3.625		161,789.48		6012014
30117402	LYCOMING COLLEGE		3.625		59,000.00		5012014
30117403	LYCOMING COLLEGE		3.75		99,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		138,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		275,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		185,000.00		10012016
30118302	MARY BALDWIN COLLEGE		3.375		23,000.00		5012012
30118401	MARYMOUNT UNIVERSITY		3		215,000.00		5012016
30119001	SLOAN-MEMORIAL KETTERING CANCER CENTER		3.375		59,000.00		4012012
30119202	MERCER UNIV. ACCOUNTING OFFICE		3		97,036.64		5012014
30119801	MILLSAPS COLLEGE		3		308,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		760,000.00		12012020
30120402	MORAVIAN COLLEGE		3.375		20,000.00		11012012
30120601	MORGAN STATE UNIVERSITY		3		528,380.65		11012014
30121101	NEW ENGLAND COLLEGE		3		55,000.00		4012016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.625		160,000.00		1012014
30121501	NORFOLK STATE UNIVERSITY		3		1,496,707.01		12012021
30122302	NORTHEASTERN UNIVERSITY		3		1,257,614.32		5012018
30123401	PAINE COLLEGE		3		319,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		1,322,966.53		1012022
30125504	RIDER COLLEGE		3.625		595,000.00		11012013
30125506	RIDER COLLEGE		3		172,000.00		5012017

Page 1 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of December 31, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30127402	ST MARY’S SCHOOL		3		197,000.00		6012020
30127602	SAINT MICHAELS COLLEGE		3		252,416.18		5012013
30127801	SAINT PAULS COLLEGE		3		115,437.13		11012014
30128001	SAINT VINCENT COLLEGE		3.5		110,000.00		5012013
30128802	SETON HILL COLLEGE		3.625		81,000.00		11012014
30129101	SIMPSON COLLEGE - BOND 1966		3		110,000.00		7012016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3		685,000.00		10012015
30130703	SPRINGFIELD COLLEGE		3.5		53,000.00		5012013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.375		177,000.00		10012012
30132003	TAYLOR UNIVERSITY		3		261,000.00		10012013
30132402	TEXAS SOUTHERN UNIVERSITY		3.5		130,000.00		4012013
30132904	TUFTS UNIVERSITY		3		1,232,000.00		10012021
30133201	UNIV STUDENT COOP HOUSING		3		740,000.00		4012019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3		525,000.00		7012014
30136801	UNIVERSITY OF ST THOMAS		3		305,000.00		10012019
30137702	VERMONT STATE COLLEGE		3		60,000.00		7012014
30137802	VILLANOVA UNIVERSITY		3		550,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		2,220,000.00		6012023
30138702	WESLEY COLLEGE		3.375		23,000.00		5012013
30140502	WITTENBERG UNIVERSITY		3		230,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		92,000.00		11012017
	TOTALS:				29,896,387.78

Page 2 of 2

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of December 31, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132003	TAYLOR UNIVERSITY	10/01/10		139,795.00		261,000.00
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		46,125.00		130,000.00
30125504	RIDER COLLEGE	11/01/10		301,768.72		595,000.00
30117002	LONG ISLAND UNIVERSITY	06/01/11		29,236.36		161,789.48
TOTAL:				516,925.08		1,147,789.48

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of December 31, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Quarter Ended December 31, 2011

Collections:
	October			November			December
Principal Payments		1,216,923.60			1,357,640.91			377,650.48
Interest Payments		98,844.42			244,791.03			111,951.37
Total Principal and Interest Collections		1,315,768.02			1,602,431.94			489,601.85
Payments and Reversals Posted to Suspense		—			153,246.87			2,446.96
Total Collections		1,315,768.02			1,755,678.81			492,048.81
Less: Servicing Fees (not withheld from remittances)		(2,631.50	)		(5,763.62	)		(2,257.05	)
Net Collections		1,313,136.52			1,749,915.19			489,791.76

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Quarter Ended December 31, 2011

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
October
10012011	30101701	AZUSA PACIFIC		—		1,218.75		1,218.75		65,000.00		24.38
10012011	30106904	COLLEGE OF SA		32,000.00		4,185.00		36,185.00		279,000.00		104.63
10012011	30108202	DAEMEN COLLEG		—		3,225.00		3,225.00		215,000.00		80.63
10012011	30109604	DRURY COLLEGE		10,000.00		1,215.00		11,215.00		81,000.00		30.38
10012011	30109801	DYOUVILLE COL		—		6,968.03		6,968.03		464,535.00		174.20
10012011	30110101	ELIZABETH CIT		20,000.00		2,550.00		22,550.00		170,000.00		63.75
10012011	30112002	GEORGE FOX CO		11,043.79		2,570.01		13,613.80		342,668.59		128.50
10012011	30113601	HINDS JUNIOR		—		3,135.00		3,135.00		209,000.00		78.38
10012011	30116201	LASSEN JUNIOR		—		3,435.00		3,435.00		229,000.00		85.88
10012011	30117801	MARIAN COLLEG		35,000.00		3,300.00		38,300.00		220,000.00		82.50
10012011	30119001	MEMORIAL SLOA		—		995.63		995.63		59,000.00		22.13
10012011	30121101	NEW ENGLAND C		—		825.00		825.00		55,000.00		20.63
10012011	30123401	PAINE COLLEGE		58,000.00		5,670.00		63,670.00		377,999.99		141.75
10012011	30130903	STEPHEN F AUS		165,000.00		5,771.25		170,771.25		342,000.00		128.25
10012011	30132904	TUFTS UNIVERS		104,000.00		20,040.00		124,040.00		1,336,000.00		501.00
10012011	30133201	UNIV STU COOP		—		11,100.00		11,100.00		740,000.00		277.50
10012011	30136801	UNIVERSITY OF		35,000.00		5,100.00		40,100.00		340,000.00		127.50
10012011	30130301	SOUTHWEST TEX		160,000.00		12,675.00		172,675.00		845,000.00		316.88
10012011	30137802	VILLANOVA UNI		—		8,250.00		8,250.00		550,000.00		206.25
10012011	30132003	TAYLOR UNIVER		65,000.00		2,940.00		67,940.00		196,000.00		73.50
10012011	30132402	TEXAS SOUTHER		—		1,575.00		1,575.00		90,000.00		33.75
		TOTALS:		695,043.79		106,743.67		801,787.46		7,206,203.58		2,702.37
11012010	30110401	EMMANUEL COLL		13,000.00		825.00		13,825.00		55,000.00		20.63
5012011	30110401	EMMANUEL COLL		—		630.00		630.00		42,000.00		15.75
10012011	30132003	TAYLOR UNIVER		65,000.00		2,940.00		67,940.00		196,000.00		(73.50	)
10012011	30132402	TEXAS SOUTHER		—		1,575.00		1,575.00		90,000.00		(33.75	)
												2,631.50
November
11012011	30100103	ALABAMA AGRIC		—		11,850.00		11,850.00		790,000.00		296.25
11012011	30102604	BENEDICT COLL		87,000.00		14,880.00		101,880.00		992,000.00		372.00
11012011	30102802	BETHANY COLLE		30,000.00		691.88		30,691.88		41,000.00		15.38
11012011	30102803	BETHANY COLLE		15,000.00		1,875.00		16,875.00		125,000.00		46.88
11012011	30102804	BETHANY COLLE		22,500.00		1,087.50		23,587.50		72,500.00		27.19
11012011	30103302	BRANDEIS UNIV		13,877.86		208.18		14,086.04		13,877.86		5.20
11012011	30104102	CALIFORNIA ST		95,000.00		4,500.00		99,500.00		300,000.00		112.50
11012011	30104201	CALIFORNIA ST		130,000.00		20,220.00		150,220.00		1,348,000.00		505.50
11012011	30109502	DREXEL UNIVER		—		4,725.00		4,725.00		270,000.00		101.25
11012011	30110401	EMMANUEL COLL		14,000.00		630.00		14,630.00		42,000.00		15.75
11012011	30110802	FAIRLEIGH DIC		100,000.00		11,250.00		111,250.00		750,000.00		281.25
11012011	30112301	GEORGETOWN UN		136,000.00		23,295.00		159,295.00		1,553,000.00		582.38
11012011	30112302	GEORGETOWN UN		350,000.00		82,300.00		432,300.00		4,115,000.00		1,543.13
11012011	30117403	LYCOMING COLL		—		1,875.00		1,875.00		99,999.99		37.50
11012011	30117501	LYNCHBURG COL		—		2,587.50		2,587.50		138,000.00		51.75
11012011	30117502	LYNCHBURG COL		—		4,125.00		4,125.00		275,000.00		103.13
11012011	30118302	MARY BALDWIN		—		388.13		388.13		23,000.00		8.63
11012011	30118401	MARYMOUNT UNI		—		3,225.00		3,225.00		215,000.00		80.63
11012011	30119202	MERCER UNIVER		18,555.47		1,733.88		20,289.35		115,592.11		43.35

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Quarter Ended December 31, 2011

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
11012011	30119801	MILLSAPS COLL		28,000.00		5,040.00		33,040.00		336,000.00		126.00
11012011	30120402	MORAVIAN COLL		20,000.00		675.00		20,675.00		40,000.00		15.00
11012011	30120601	MORGAN STATE		83,564.98		9,179.18		92,744.16		611,945.63		229.48
11012011	30122302	NORTHEASTERN		87,029.91		20,169.66		107,199.57		1,344,644.23		504.24
11012011	30125506	RIDER COLLEGE		—		2,580.00		2,580.00		172,000.00		64.50
11012011	30127602	ST MICHAELS C		81,846.07		5,013.93		86,860.00		334,262.25		125.35
11012011	30128001	ST VINCENT CO		—		1,925.00		1,925.00		110,000.00		41.25
11012011	30128802	SETON HILL CO		25,000.00		1,921.25		26,921.25		106,000.00		39.75
11012011	30130703	SPRINGFIELD C		—		927.50		927.50		53,000.00		19.88
11012011	30138702	WESLEY COLLEG		—		388.13		388.13		23,000.00		8.63
11012011	30140502	WITTENBERG UN		—		3,450.00		3,450.00		230,000.00		86.25
11012011	30140503	WITTENBERG UN		14,000.00		1,590.00		15,590.00		106,000.00		39.75
11012011	30104605	CARNEGIE-MELL		30,000.00		6,300.00		36,300.00		420,000.00		157.50
11012011	30111802	GANNON UNIVER		69,999.98		1,050.00		71,049.98		69,999.98		26.25
11012011	30127801	ST PAULS COLL		18,256.68		2,005.41		20,262.09		133,693.81		50.14
11012011	30114001	HOOD COLLEGE		22,000.00		1,522.50		23,522.50		84,000.00		31.50
11012011	30117402	LYCOMING COLL		—		1,069.37		1,069.37		59,000.00		22.13
11012011	30125504	RIDER COLLEGE		145,000.00		8,246.87		153,246.87		455,000.00		170.63
		TOTALS:		1,636,630.95		264,500.87		1,901,131.82		15,967,515.86		5,987.88
11012011	30114001	HOOD COLLEGE		22,000.00		1,522.50		23,522.50		84,000.00		(31.50	)
11012011	30117402	LYCOMING COLL		—		1,069.37		1,069.37		59,000.00		(22.13	)
11012011	30125504	RIDER COLLEGE		145,000.00		8,246.87		153,246.87		455,000.00		(170.63	)
												5,763.62
December
12012011	30101601	AUBURN UNIVER		115,000.00		15,375.00		130,375.00		1,025,000.00		384.38
12012011	30119903	MISSISSIPPI S		70,000.00		12,450.00		82,450.00		830,000.00		311.25
12012011	30121501	NORFOLK STATE		63,769.63		23,407.15		87,176.78		1,560,476.64		585.18
12012011	30127402	ST MARY’S COL		11,000.00		3,120.00		14,120.00		208,000.00		78.00
12012011	30137901	VINCENNES UNI		—		33,300.00		33,300.00		2,220,000.00		832.50
12012011	30105701	CHAMPLAIN COL		6,266.62		484.31		6,750.93		32,287.53		12.11
12012011	30117002	LONG ISLAND U		—		2,446.88		2,446.88		135,000.00		50.63
		TOTALS:		266,036.25		90,583.34		356,619.59		6,010,764.17		2,254.05
11012011	30114001	HOOD COLLEGE		22,000.00		1,522.50		23,522.50		84,000.00		31.50
11012011	30117402	LYCOMING COLL		—		1,069.37		1,069.37		59,000.00		22.13
12012011	30117002	LONG ISLAND U		—		2,446.88		2,446.88		135,000.00		(50.63	)
												2,257.05
TOTALS FOR QTR				2,597,710.99		461,827.88		3,059,538.87		29,184,483.61		10,652.17

Berkadia Commercial Mortgage

College and University Loan Trust II

Paid In Full Loan Schedule

For the Quarter Ended December 31, 2011

Loan Number	Payoff Date		Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
30109801		10/7/2011		464,535.00		464,535.00		—				4012018
30113601		10/3/2011		215,270.00		209,000.00		6,270.00				4012013
30103302		11/1/2011		14,086.04		13,877.86		208.18				11012011
TOTALS				693,891.04		687,412.86		6,478.18		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Quarter Ended December 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 II

Trial Balance

For the Quarter Ended December 31, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
October
30100103	ALABAMA AGRICULTURAL		3.00		790,000.00		5-01-2018
30101601	AUBURN UNIVERSITY		3.00		1,025,000.00		12-01-2018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		65,000.00		4-01-2015
30102604	BENEDICT COLLEGE		3.00		992,000.00		11-01-2020
30102802	BETHANY COLLEGE - DORM BOND 1965		3.38		41,000.00		11-01-2012
30102803	BETHANY COLLEGE - HALL BOND 1967		3.00		125,000.00		11-01-2017
30102804	BETHANY COLLEGE - NOTE OF 1973		3.00		72,500.00		11-01-2012
30103302	BRANDEIS UNIVERSITY		3.00		13,877.86		11-01-2011
30104102	CALIFORNIA STATE UNIVERSITY,		3.00		300,000.00		11-01-2013
30104201	TRUST SERVICES DIVISION		3.00		1,348,000.00		11-01-2019
30104605	CARNEGIE MELLON		3.00		390,000.00		11-01-2017
30105701	CHAMPLAIN COLLEGE, INC.		3.00		32,287.53		12-01-2013
30106904	COLLEGE OF SANTA FE		3.00		247,000.00		10-01-2018
30108101	CUMBERLAND COLLEGE		3.00		128,000.00		8-01-2017
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3.00		215,000.00		4-01-2016
30109502	DREXEL UNIVERSITY		3.50		270,000.00		5-01-2014
30109604	DRURY COLLEGE		3.00		71,000.00		4-01-2015
30110101	ELIZABETH CITY STATE UNIVERSITY		3.00		150,000.00		10-01-2017
30110401	EMMANUEL COLLEGE		3.00		42,000.00		11-01-2013
30110802	FAIRLEIGH DICKINSON UNIV		3.00		750,000.00		11-01-2017
30112002	GEORGE FOX COLLEGE		3.00		331,624.80		7-01-2018
30112301	GEORGETOWN UNIVERSITY		3.00		1,553,000.00		11-01-2020
30112302	GEORGETOWN UNIVERSITY		4.00		4,115,000.00		11-01-2020
30112901	HAMPSHIRE COLLEGE		3.00		65,200.60		7-01-2013
30112902	HAMPSHIRE COLLEGE		3.00		282,526.92		2-01-2014
30113702	HIWASSEE COLLEGE		3.00		86,590.40		9-15-2018
30114001	HOOD COLLEGE		3.63		84,000.00		11-01-2014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3.00		856,957.15		1-01-2017
30116201	LASSEN JUNIOR COLLEGE		3.00		229,000.00		4-01-2020
30117002	LONG ISLAND UNIVERSITY		3.63		161,789.48		6-01-2014
30117402	LYCOMING COLLEGE		3.63		59,000.00		5-01-2014
30117403	LYCOMING COLLEGE		3.75		99,999.99		5-01-2015
30117501	LYNCHBURG COLLEGE		3.75		138,000.00		5-01-2015
30117502	LYNCHBURG COLLEGE		3.00		275,000.00		5-01-2018
30117801	MARIAN COLLEGE OF FOND DU LAC		3.00		185,000.00		10-01-2016
30118302	MARY BALDWIN COLLEGE		3.38		23,000.00		5-01-2012
30118401	MARYMOUNT UNIVERSITY		3.00		215,000.00		5-01-2016
30119001	SLOAN-MEMORIAL KETTERING CANCER CENTER		3.38		59,000.00		4-01-2012
30119202	MERCER UNIV. ACCOUNTING OFFICE		3.00		115,592.11		5-01-2014
30119801	MILLSAPS COLLEGE		3.00		336,000.00		11-01-2021
30119903	MISSISSIPPI STATE UNIVERSITY		3.00		830,000.00		12-01-2020
30120402	MORAVIAN COLLEGE		3.38		40,000.00		11-01-2012
30120601	MORGAN STATE UNIVERSTIY		3.00		611,945.63		11-01-2014
30121101	NEW ENGLAND COLLEGE		3.00		55,000.00		4-01-2016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.63		160,000.00		1-01-2014
30121501	NORFOLK STATE UNIVERSITY		3.00		1,560,476.57		12-01-2021
30122302	NORTHEASTERN UNIVERSITY		3.00		1,344,644.23		5-01-2018
30123401	PAINE COLLEGE		3.00		319,999.99		10-01-2016
30123701	UNIVERSITY OF THE ARTS		3.00		1,322,966.53		1-01-2022
30125504	RIDER COLLEGE		3.63		595,000.00		11-01-2013
30125506	RIDER COLLEGE		3.00		172,000.00		5-01-2017
30127402	ST MARY’S SCHOOL		3.00		208,000.00		6-01-2020
30127602	SAINT MICHAELS COLLEGE		3.00		334,262.25		5-01-2013
30127801	SAINT PAULS COLLEGE		3.00		115,437.13		11-01-2014

Page 1 of 5

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended December 31, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30128001	SAINT VINCENT COLLEGE		3.50		110,000.00		5-01-2013
30128802	SETON HILL COLLEGE		3.63		106,000.00		11-01-2014
30129101	SIMPSON COLLEGE - BOND 1966		3.00		110,000.00		7-01-2016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3.00		685,000.00		10-01-2015
30130703	SPRINGFIELD COLLEGE		3.50		53,000.00		5-01-2013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.38		177,000.00		10-01-2012
30132003	TAYLOR UNIVERSITY		3.00		261,000.00		10-01-2013
30132402	TEXAS SOUTHERN UNIVERSITY		3.50		130,000.00		4-01-2013
30132904	TUFTS UNIVERSITY		3.00		1,232,000.00		10-01-2021
30133201	UNIV STUDENT COOP HOUSING		3.00		740,000.00		4-01-2019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3.00		525,000.00		7-01-2014
30136801	UNIVERSITY OF ST THOMAS		3.00		305,000.00		10-01-2019
30137702	VERMONT STATE COLLEGE		3.00		60,000.00		7-01-2014
30137802	VILLANOVA UNIVERSITY		3.00		550,000.00		4-01-2019
30137901	VINCENNES UNIVERSITY		3.00		2,220,000.00		6-01-2023
30138702	WESLEY COLLEGE		3.38		23,000.00		5-01-2013
30140502	WITTENBERG UNIVERSITY		3.00		230,000.00		5-01-2015
30140503	WITTENBERG UNIVERSITY		3.00		106,000.00		11-01-2017
	TOTALS:				31,631,679.17
November
30100103	ALABAMA AGRICULTURAL		3.00		790,000.00		5-01-2018
30101601	AUBURN UNIVERSITY		3.00		1,025,000.00		12-01-2018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		65,000.00		4-01-2015
30102604	BENEDICT COLLEGE		3.00		905,000.00		11-01-2020
30102802	BETHANY COLLEGE - DORM BOND 1965		3.38		11,000.00		11-01-2012
30102803	BETHANY COLLEGE - HALL BOND 1967		3.00		110,000.00		11-01-2017
30102804	BETHANY COLLEGE - NOTE OF 1973		3.00		50,000.00		11-01-2012
30104102	CALIFORNIA STATE UNIVERSITY,		3.00		205,000.00		11-01-2013
30104201	TRUST SERVICES DIVISION		3.00		1,218,000.00		11-01-2019
30104605	CARNEGIE MELLON		3.00		390,000.00		11-01-2017
30105701	CHAMPLAIN COLLEGE, INC.		3.00		26,020.91		12-01-2013
30106904	COLLEGE OF SANTA FE		3.00		247,000.00		10-01-2018
30108101	CUMBERLAND COLLEGE		3.00		128,000.00		8-01-2017
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3.00		215,000.00		4-01-2016
30109502	DREXEL UNIVERSITY		3.50		270,000.00		5-01-2014
30109604	DRURY COLLEGE		3.00		71,000.00		4-01-2015
30110101	ELIZABETH CITY STATE UNIVERSITY		3.00		150,000.00		10-01-2017
30110401	EMMANUEL COLLEGE		3.00		28,000.00		11-01-2013
30110802	FAIRLEIGH DICKINSON UNIV		3.00		650,000.00		11-01-2017
30112002	GEORGE FOX COLLEGE		3.00		331,624.80		7-01-2018
30112301	GEORGETOWN UNIVERSITY		3.00		1,417,000.00		11-01-2020
30112302	GEORGETOWN UNIVERSITY		4.00		3,765,000.00		11-01-2020
30112901	HAMPSHIRE COLLEGE		3.00		65,200.60		7-01-2013
30112902	HAMPSHIRE COLLEGE		3.00		282,526.92		2-01-2014
30113702	HIWASSEE COLLEGE		3.00		86,590.40		9-15-2018
30114001	HOOD COLLEGE		3.63		84,000.00		11-01-2014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3.00		856,957.15		1-01-2017
30116201	LASSEN JUNIOR COLLEGE		3.00		229,000.00		4-01-2020
30117002	LONG ISLAND UNIVERSITY		3.63		161,789.48		6-01-2014
30117402	LYCOMING COLLEGE		3.63		59,000.00		5-01-2014
30117403	LYCOMING COLLEGE		3.75		99,999.99		5-01-2015
30117501	LYNCHBURG COLLEGE		3.75		138,000.00		5-01-2015
30117502	LYNCHBURG COLLEGE		3.00		275,000.00		5-01-2018

Page 2 of 5

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended December 31, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30117801	MARIAN COLLEGE OF FOND DU LAC		3.00		185,000.00		10-01-2016
30118302	MARY BALDWIN COLLEGE		3.38		23,000.00		5-01-2012
30118401	MARYMOUNT UNIVERSITY		3.00		215,000.00		5-01-2016
30119001	SLOAN-MEMORIAL KETTERING CANCER CENTER		3.38		59,000.00		4-01-2012
30119202	MERCER UNIV. ACCOUNTING OFFICE		3.00		97,036.64		5-01-2014
30119801	MILLSAPS COLLEGE		3.00		308,000.00		11-01-2021
30119903	MISSISSIPPI STATE UNIVERSITY		3.00		830,000.00		12-01-2020
30120402	MORAVIAN COLLEGE		3.38		20,000.00		11-01-2012
30120601	MORGAN STATE UNIVERSTIY		3.00		528,380.65		11-01-2014
30121101	NEW ENGLAND COLLEGE		3.00		55,000.00		4-01-2016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.63		160,000.00		1-01-2014
30121501	NORFOLK STATE UNIVERSITY		3.00		1,560,476.57		12-01-2021
30122302	NORTHEASTERN UNIVERSITY		3.00		1,257,614.32		5-01-2018
30123401	PAINE COLLEGE		3.00		319,999.99		10-01-2016
30123701	UNIVERSITY OF THE ARTS		3.00		1,322,966.53		1-01-2022
30125504	RIDER COLLEGE		3.63		595,000.00		11-01-2013
30125506	RIDER COLLEGE		3.00		172,000.00		5-01-2017
30127402	ST MARY’S SCHOOL		3.00		208,000.00		6-01-2020
30127602	SAINT MICHAELS COLLEGE		3.00		252,416.18		5-01-2013
30127801	SAINT PAULS COLLEGE		3.00		115,437.13		11-01-2014
30128001	SAINT VINCENT COLLEGE		3.50		110,000.00		5-01-2013
30128802	SETON HILL COLLEGE		3.63		81,000.00		11-01-2014
30129101	SIMPSON COLLEGE - BOND 1966		3.00		110,000.00		7-01-2016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3.00		685,000.00		10-01-2015
30130703	SPRINGFIELD COLLEGE		3.50		53,000.00		5-01-2013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.38		177,000.00		10-01-2012
30132003	TAYLOR UNIVERSITY		3.00		261,000.00		10-01-2013
30132402	TEXAS SOUTHERN UNIVERSITY		3.50		130,000.00		4-01-2013
30132904	TUFTS UNIVERSITY		3.00		1,232,000.00		10-01-2021
30133201	UNIV STUDENT COOP HOUSING		3.00		740,000.00		4-01-2019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3.00		525,000.00		7-01-2014
30136801	UNIVERSITY OF ST THOMAS		3.00		305,000.00		10-01-2019
30137702	VERMONT STATE COLLEGE		3.00		60,000.00		7-01-2014
30137802	VILLANOVA UNIVERSITY		3.00		550,000.00		4-01-2019
30137901	VINCENNES UNIVERSITY		3.00		2,220,000.00		6-01-2023
30138702	WESLEY COLLEGE		3.38		23,000.00		5-01-2013
30140502	WITTENBERG UNIVERSITY		3.00		230,000.00		5-01-2015
30140503	WITTENBERG UNIVERSITY		3.00		92,000.00		11-01-2017
	TOTALS:				30,274,038.26
December
30100103	ALABAMA AGRICULTURAL		3.00		790,000.00		5-01-2018
30101601	AUBURN UNIVERSITY		3.00		910,000.00		12-01-2018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		65,000.00		4-01-2015
30102604	BENEDICT COLLEGE		3.00		905,000.00		11-01-2020
30102802	BETHANY COLLEGE - DORM BOND 1965		3.38		11,000.00		11-01-2012
30102803	BETHANY COLLEGE - HALL BOND 1967		3.00		110,000.00		11-01-2017
30102804	BETHANY COLLEGE - NOTE OF 1973		3.00		50,000.00		11-01-2012
30104102	CALIFORNIA STATE UNIVERSITY,		3.00		205,000.00		11-01-2013
30104201	TRUST SERVICES DIVISION		3.00		1,218,000.00		11-01-2019
30104605	CARNEGIE MELLON		3.00		390,000.00		11-01-2017
30105701	CHAMPLAIN COLLEGE, INC.		3.00		26,020.91		12-01-2013
30106904	COLLEGE OF SANTA FE		3.00		247,000.00		10-01-2018
30108101	CUMBERLAND COLLEGE		3.00		128,000.00		8-01-2017

Page 3 of 5

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended December 31, 2011

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3.00		215,000.00		4-01-2016
30109502	DREXEL UNIVERSITY		3.50		270,000.00		5-01-2014
30109604	DRURY COLLEGE		3.00		71,000.00		4-01-2015
30110101	ELIZABETH CITY STATE UNIVERSITY		3.00		150,000.00		10-01-2017
30110401	EMMANUEL COLLEGE		3.00		28,000.00		11-01-2013
30110802	FAIRLEIGH DICKINSON UNIV		3.00		650,000.00		11-01-2017
30112002	GEORGE FOX COLLEGE		3.00		331,624.80		7-01-2018
30112301	GEORGETOWN UNIVERSITY		3.00		1,417,000.00		11-01-2020
30112302	GEORGETOWN UNIVERSITY		4.00		3,765,000.00		11-01-2020
30112901	HAMPSHIRE COLLEGE		3.00		49,262.53		7-01-2013
30112902	HAMPSHIRE COLLEGE		3.00		282,526.92		2-01-2014
30113702	HIWASSEE COLLEGE		3.00		86,590.40		9-15-2018
30114001	HOOD COLLEGE		3.63		62,000.00		11-01-2014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3.00		777,014.30		1-01-2017
30116201	LASSEN JUNIOR COLLEGE		3.00		229,000.00		4-01-2020
30117002	LONG ISLAND UNIVERSITY		3.63		161,789.48		6-01-2014
30117402	LYCOMING COLLEGE		3.63		59,000.00		5-01-2014
30117403	LYCOMING COLLEGE		3.75		99,999.99		5-01-2015
30117501	LYNCHBURG COLLEGE		3.75		138,000.00		5-01-2015
30117502	LYNCHBURG COLLEGE		3.00		275,000.00		5-01-2018
30117801	MARIAN COLLEGE OF FOND DU LAC		3.00		185,000.00		10-01-2016
30118302	MARY BALDWIN COLLEGE		3.38		23,000.00		5-01-2012
30118401	MARYMOUNT UNIVERSITY		3.00		215,000.00		5-01-2016
30119001	SLOAN-MEMORIAL KETTERING CANCER CENTER		3.38		59,000.00		4-01-2012
30119202	MERCER UNIV. ACCOUNTING OFFICE		3.00		97,036.64		5-01-2014
30119801	MILLSAPS COLLEGE		3.00		308,000.00		11-01-2021
30119903	MISSISSIPPI STATE UNIVERSITY		3.00		760,000.00		12-01-2020
30120402	MORAVIAN COLLEGE		3.38		20,000.00		11-01-2012
30120601	MORGAN STATE UNIVERSTIY		3.00		528,380.65		11-01-2014
30121101	NEW ENGLAND COLLEGE		3.00		55,000.00		4-01-2016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.63		160,000.00		1-01-2014
30121501	NORFOLK STATE UNIVERSITY		3.00		1,496,707.01		12-01-2021
30122302	NORTHEASTERN UNIVERSITY		3.00		1,257,614.32		5-01-2018
30123401	PAINE COLLEGE		3.00		319,999.99		10-01-2016
30123701	UNIVERSITY OF THE ARTS		3.00		1,322,966.53		1-01-2022
30125504	RIDER COLLEGE		3.63		595,000.00		11-01-2013
30125506	RIDER COLLEGE		3.00		172,000.00		5-01-2017
30127402	ST MARY’S SCHOOL		3.00		197,000.00		6-01-2020
30127602	SAINT MICHAELS COLLEGE		3.00		252,416.18		5-01-2013
30127801	SAINT PAULS COLLEGE		3.00		115,437.13		11-01-2014
30128001	SAINT VINCENT COLLEGE		3.50		110,000.00		5-01-2013
30128802	SETON HILL COLLEGE		3.63		81,000.00		11-01-2014
30129101	SIMPSON COLLEGE - BOND 1966		3.00		110,000.00		7-01-2016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3.00		685,000.00		10-01-2015
30130703	SPRINGFIELD COLLEGE		3.50		53,000.00		5-01-2013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.38		177,000.00		10-01-2012
30132003	TAYLOR UNIVERSITY		3.00		261,000.00		10-01-2013
30132402	TEXAS SOUTHERN UNIVERSITY		3.50		130,000.00		4-01-2013
30132904	TUFTS UNIVERSITY		3.00		1,232,000.00		10-01-2021
30133201	UNIV STUDENT COOP HOUSING		3.00		740,000.00		4-01-2019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3.00		525,000.00		7-01-2014
30136801	UNIVERSITY OF ST THOMAS		3.00		305,000.00		10-01-2019
30137702	VERMONT STATE COLLEGE		3.00		60,000.00		7-01-2014
30137802	VILLANOVA UNIVERSITY		3.00		550,000.00		4-01-2019
30137901	VINCENNES UNIVERSITY		3.00		2,220,000.00		6-01-2023
30138702	WESLEY COLLEGE		3.38		23,000.00		5-01-2013

Page 4 of 5

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended December 31, 2011

Loan Number	Borrower Name	Interest Rate	Current UPB		Maturity Date
30140502	WITTENBERG UNIVERSITY	3.00		230,000.00		5-01-2015
30140503	WITTENBERG UNIVERSITY	3.00		92,000.00		11-01-2017
	TOTALS:			29,896,387.78

Page 5 of 5

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

For the Quarter Ended December 31, 2011

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132003	TAYLOR UNIVERSITY	10/01/10		139,795.00		261,000.00
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		46,125.00		130,000.00
30125504	RIDER COLLEGE	11/01/10		301,768.72		595,000.00
30117002	LONG ISLAND UNIVERSITY	06/01/11		29,236.36		161,789.48
TOTAL:				516,925.08		1,147,789.48

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

For the Quarter Ended December 31, 2011

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Quarter Ended March 31, 2012

Collections:
	January			February			March
Principal Payments		381,025.83			—			90,609.14
Interest Payments		33,034.67			1,920.00			23,258.86
Total Principal and Interest Collections		414,060.50			1,920.00			113,868.00
Payments and Reversals Posted to Suspense		(0.08	)		—			—
Total Collections		414,060.42			1,920.00			113,868.00
Less: Servicing Fees (not withheld from remittances)		(1,471.79	)		(153.95	)		(32.47	)
Net Collections		412,588.63			1,766.05			113,835.53

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Quarter Ended March 31, 2012

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
January
1012012	30112002	GEORGE FOX CO		11,126.61		2,487.19		13,613.80		331,624.80		124.36
1012012	30123701	PHILADELPHIA		54,063.70		19,844.50		73,908.20		1,322,966.53		496.11
1012012	30129101	SIMPSON COLLE		—		1,650.00		1,650.00		110,000.00		41.25
1012012	30137702	VERMONT STATE		—		900.00		900.00		60,000.00		22.50
1012012	30112901	HAMPSHIRE COL		15,938.07		978.01		16,916.08		65,200.60		24.45
1012012	30114802	INTER AMERICA		79,942.85		12,854.35		92,797.20		856,957.15		321.36
1012012	30134402	UNIVERSITY OF		—		7,875.00		7,875.00		525,000.00		196.88
1012012	30121201	NEWARK BETH I		50,000.00		2,900.00		52,900.00		160,000.00		60.00
		TOTALS:		211,071.23		49,489.05		260,560.28		3,431,749.08		1,286.91
10012010	30132003	TAYLOR UNIVER		65,000.00		3,915.00		68,915.00		261,000.00		97.88
4012011	30132003	TAYLOR UNIVER		—		2,940.00		2,940.00		196,000.00		73.50
10012011	30132003	TAYLOR UNIVER		65,000.00		2,940.00		67,940.00		196,000.00		73.50
1012012	30121201	NEWARK BETH I		50,000.00		2,900.00		52,900.00		160,000.00		(60.00	)
												1,471.79
February
2012012	30108101	CUMBERLAND CO		—		1,920.00		1,920.00		128,000.00		48.00
2012012	30112902	HAMPSHIRE COL		54,835.52		4,237.90		59,073.42		282,526.92		105.95
		TOTALS:		54,835.52		6,157.90		60,993.42		410,526.92		153.95
												153.95
March
3152012	30113702	HIWASSEE COLL		5,609.14		1,298.86		6,908.00		86,590.40		32.47
		TOTALS:		5,609.14		1,298.86		6,908.00		86,590.40		32.47
												32.47
TOTALS FOR QTR				271,515.89		56,945.81		328,461.70		3,928,866.40		1,658.21

Berkadia Commercial Mortgage

College and University Loan Trust II

Paid In Full Loan Schedule

For the Quarter Ended March 31, 2012

Loan Number	Payoff Date		Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
30132003		1/18/2012		264,915.00		261,000.00		3,915.00				10012013
TOTALS				264,915.00		261,000.00		3,915.00		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Quarter Ended March 31, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended March 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
January
30100103	ALABAMA AGRICULTURAL		3.00		790,000.00		5-01-2018
30101601	AUBURN UNIVERSITY		3.00		910,000.00		12-01-2018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		65,000.00		4-01-2015
30102604	BENEDICT COLLEGE		3.00		905,000.00		11-01-2020
30102802	BETHANY COLLEGE - DORM BOND 1965		3.38		11,000.00		11-01-2012
30102803	BETHANY COLLEGE - HALL BOND 1967		3.00		110,000.00		11-01-2017
30102804	BETHANY COLLEGE - NOTE OF 1973		3.00		50,000.00		11-01-2012
30104102	CALIFORNIA STATE UNIVERSITY,		3.00		205,000.00		11-01-2013
30104201	TRUST SERVICES DIVISION		3.00		1,218,000.00		11-01-2019
30104605	CARNEGIE MELLON		3.00		390,000.00		11-01-2017
30105701	CHAMPLAIN COLLEGE, INC.		3.00		26,020.91		12-01-2013
30106904	COLLEGE OF SANTA FE		3.00		247,000.00		10-01-2018
30108101	CUMBERLAND COLLEGE		3.00		128,000.00		8-01-2017
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3.00		215,000.00		4-01-2016
30109502	DREXEL UNIVERSITY		3.50		270,000.00		5-01-2014
30109604	DRURY COLLEGE		3.00		71,000.00		4-01-2015
30110101	ELIZABETH CITY STATE UNIVERSITY		3.00		150,000.00		10-01-2017
30110401	EMMANUEL COLLEGE		3.00		28,000.00		11-01-2013
30110802	FAIRLEIGH DICKINSON UNIV		3.00		650,000.00		11-01-2017
30112002	GEORGE FOX COLLEGE		3.00		320,498.19		7-01-2018
30112301	GEORGETOWN UNIVERSITY		3.00		1,417,000.00		11-01-2020
30112302	GEORGETOWN UNIVERSITY		4.00		3,765,000.00		11-01-2020
30112901	HAMPSHIRE COLLEGE		3.00		49,262.53		7-01-2013
30112902	HAMPSHIRE COLLEGE		3.00		227,691.40		2-01-2014
30113702	HIWASSEE COLLEGE		3.00		86,590.40		9-15-2018
30114001	HOOD COLLEGE		3.63		62,000.00		11-01-2014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3.00		777,014.30		1-01-2017
30116201	LASSEN JUNIOR COLLEGE		3.00		229,000.00		4-01-2020
30117002	LONG ISLAND UNIVERSITY		3.63		161,789.48		6-01-2014
30117402	LYCOMING COLLEGE		3.63		59,000.00		5-01-2014
30117403	LYCOMING COLLEGE		3.75		99,999.99		5-01-2015
30117501	LYNCHBURG COLLEGE		3.75		138,000.00		5-01-2015
30117502	LYNCHBURG COLLEGE		3.00		275,000.00		5-01-2018
30117801	MARIAN COLLEGE OF FOND DU LAC		3.00		185,000.00		10-01-2016
30118302	MARY BALDWIN COLLEGE		3.38		23,000.00		5-01-2012
30118401	MARYMOUNT UNIVERSITY		3.00		215,000.00		5-01-2016
30119001	SLOAN-MEMORIAL KETTERING CANCER CENTER		3.38		59,000.00		4-01-2012
30119202	MERCER UNIV. ACCOUNTING OFFICE		3.00		97,036.64		5-01-2014
30119801	MILLSAPS COLLEGE		3.00		308,000.00		11-01-2021
30119903	MISSISSIPPI STATE UNIVERSITY		3.00		760,000.00		12-01-2020
30120402	MORAVIAN COLLEGE		3.38		20,000.00		11-01-2012
30120601	MORGAN STATE UNIVERSTIY		3.00		528,380.65		11-01-2014
30121101	NEW ENGLAND COLLEGE		3.00		55,000.00		4-01-2016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.63		160,000.00		1-01-2014
30121501	NORFOLK STATE UNIVERSITY		3.00		1,496,707.01		12-01-2021
30122302	NORTHEASTERN UNIVERSITY		3.00		1,257,614.32		5-01-2018
30123401	PAINE COLLEGE		3.00		319,999.99		10-01-2016
30123701	UNIVERSITY OF THE ARTS		3.00		1,268,902.83		1-01-2022
30125504	RIDER COLLEGE		3.63		595,000.00		11-01-2013
30125506	RIDER COLLEGE		3.00		172,000.00		5-01-2017
30127402	ST MARY’S SCHOOL		3.00		197,000.00		6-01-2020
30127602	SAINT MICHAELS COLLEGE		3.00		252,416.18		5-01-2013
30127801	SAINT PAULS COLLEGE		3.00		115,437.13		11-01-2014
30128001	SAINT VINCENT COLLEGE		3.50		110,000.00		5-01-2013

Page 1 of 4

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended March 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30128802	SETON HILL COLLEGE		3.63		81,000.00		11-01-2014
30129101	SIMPSON COLLEGE - BOND 1966		3.00		110,000.00		7-01-2016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3.00		685,000.00		10-01-2015
30130703	SPRINGFIELD COLLEGE		3.50		53,000.00		5-01-2013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.38		177,000.00		10-01-2012
30132402	TEXAS SOUTHERN UNIVERSITY		3.50		130,000.00		4-01-2013
30132904	TUFTS UNIVERSITY		3.00		1,232,000.00		10-01-2021
30133201	UNIV STUDENT COOP HOUSING		3.00		740,000.00		4-01-2019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3.00		525,000.00		7-01-2014
30136801	UNIVERSITY OF ST THOMAS		3.00		305,000.00		10-01-2019
30137702	VERMONT STATE COLLEGE		3.00		60,000.00		7-01-2014
30137802	VILLANOVA UNIVERSITY		3.00		550,000.00		4-01-2019
30137901	VINCENNES UNIVERSITY		3.00		2,220,000.00		6-01-2023
30138702	WESLEY COLLEGE		3.38		23,000.00		5-01-2013
30140502	WITTENBERG UNIVERSITY		3.00		230,000.00		5-01-2015
30140503	WITTENBERG UNIVERSITY		3.00		92,000.00		11-01-2017
	TOTALS:				29,515,361.95
February
30100103	ALABAMA AGRICULTURAL		3.00		790,000.00		5-01-2018
30101601	AUBURN UNIVERSITY		3.00		910,000.00		12-01-2018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		65,000.00		4-01-2015
30102604	BENEDICT COLLEGE		3.00		905,000.00		11-01-2020
30102802	BETHANY COLLEGE - DORM BOND 1965		3.38		11,000.00		11-01-2012
30102803	BETHANY COLLEGE - HALL BOND 1967		3.00		110,000.00		11-01-2017
30102804	BETHANY COLLEGE - NOTE OF 1973		3.00		50,000.00		11-01-2012
30104102	CALIFORNIA STATE UNIVERSITY,		3.00		205,000.00		11-01-2013
30104201	TRUST SERVICES DIVISION		3.00		1,218,000.00		11-01-2019
30104605	CARNEGIE MELLON		3.00		390,000.00		11-01-2017
30105701	CHAMPLAIN COLLEGE, INC.		3.00		26,020.91		12-01-2013
30106904	COLLEGE OF SANTA FE		3.00		247,000.00		10-01-2018
30108101	CUMBERLAND COLLEGE		3.00		128,000.00		8-01-2017
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3.00		215,000.00		4-01-2016
30109502	DREXEL UNIVERSITY		3.50		270,000.00		5-01-2014
30109604	DRURY COLLEGE		3.00		71,000.00		4-01-2015
30110101	ELIZABETH CITY STATE UNIVERSITY		3.00		150,000.00		10-01-2017
30110401	EMMANUEL COLLEGE		3.00		28,000.00		11-01-2013
30110802	FAIRLEIGH DICKINSON UNIV		3.00		650,000.00		11-01-2017
30112002	GEORGE FOX COLLEGE		3.00		320,498.19		7-01-2018
30112301	GEORGETOWN UNIVERSITY		3.00		1,417,000.00		11-01-2020
30112302	GEORGETOWN UNIVERSITY		4.00		3,765,000.00		11-01-2020
30112901	HAMPSHIRE COLLEGE		3.00		49,262.53		7-01-2013
30112902	HAMPSHIRE COLLEGE		3.00		227,691.40		2-01-2014
30113702	HIWASSEE COLLEGE		3.00		86,590.40		9-15-2018
30114001	HOOD COLLEGE		3.63		62,000.00		11-01-2014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3.00		777,014.30		1-01-2017
30116201	LASSEN JUNIOR COLLEGE		3.00		229,000.00		4-01-2020
30117002	LONG ISLAND UNIVERSITY		3.63		161,789.48		6-01-2014
30117402	LYCOMING COLLEGE		3.63		59,000.00		5-01-2014
30117403	LYCOMING COLLEGE		3.75		99,999.99		5-01-2015
30117501	LYNCHBURG COLLEGE		3.75		138,000.00		5-01-2015
30117502	LYNCHBURG COLLEGE		3.00		275,000.00		5-01-2018
30117801	MARIAN COLLEGE OF FOND DU LAC		3.00		185,000.00		10-01-2016
30118302	MARY BALDWIN COLLEGE		3.38		23,000.00		5-01-2012

Page 2 of 4

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended March 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30118401	MARYMOUNT UNIVERSITY		3.00		215,000.00		5-01-2016
30119001	SLOAN-MEMORIAL KETTERING CANCER CENTER		3.38		59,000.00		4-01-2012
30119202	MERCER UNIV. ACCOUNTING OFFICE		3.00		97,036.64		5-01-2014
30119801	MILLSAPS COLLEGE		3.00		308,000.00		11-01-2021
30119903	MISSISSIPPI STATE UNIVERSITY		3.00		760,000.00		12-01-2020
30120402	MORAVIAN COLLEGE		3.38		20,000.00		11-01-2012
30120601	MORGAN STATE UNIVERSTIY		3.00		528,380.65		11-01-2014
30121101	NEW ENGLAND COLLEGE		3.00		55,000.00		4-01-2016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.63		160,000.00		1-01-2014
30121501	NORFOLK STATE UNIVERSITY		3.00		1,496,707.01		12-01-2021
30122302	NORTHEASTERN UNIVERSITY		3.00		1,257,614.32		5-01-2018
30123401	PAINE COLLEGE		3.00		319,999.99		10-01-2016
30123701	UNIVERSITY OF THE ARTS		3.00		1,268,902.83		1-01-2022
30125504	RIDER COLLEGE		3.63		595,000.00		11-01-2013
30125506	RIDER COLLEGE		3.00		172,000.00		5-01-2017
30127402	ST MARY’S SCHOOL		3.00		197,000.00		6-01-2020
30127602	SAINT MICHAELS COLLEGE		3.00		252,416.18		5-01-2013
30127801	SAINT PAULS COLLEGE		3.00		115,437.13		11-01-2014
30128001	SAINT VINCENT COLLEGE		3.50		110,000.00		5-01-2013
30128802	SETON HILL COLLEGE		3.63		81,000.00		11-01-2014
30129101	SIMPSON COLLEGE - BOND 1966		3.00		110,000.00		7-01-2016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3.00		685,000.00		10-01-2015
30130703	SPRINGFIELD COLLEGE		3.50		53,000.00		5-01-2013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.38		177,000.00		10-01-2012
30132402	TEXAS SOUTHERN UNIVERSITY		3.50		130,000.00		4-01-2013
30132904	TUFTS UNIVERSITY		3.00		1,232,000.00		10-01-2021
30133201	UNIV STUDENT COOP HOUSING		3.00		740,000.00		4-01-2019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3.00		525,000.00		7-01-2014
30136801	UNIVERSITY OF ST THOMAS		3.00		305,000.00		10-01-2019
30137702	VERMONT STATE COLLEGE		3.00		60,000.00		7-01-2014
30137802	VILLANOVA UNIVERSITY		3.00		550,000.00		4-01-2019
30137901	VINCENNES UNIVERSITY		3.00		2,220,000.00		6-01-2023
30138702	WESLEY COLLEGE		3.38		23,000.00		5-01-2013
30140502	WITTENBERG UNIVERSITY		3.00		230,000.00		5-01-2015
30140503	WITTENBERG UNIVERSITY		3.00		92,000.00		11-01-2017
	TOTALS:				29,515,361.95
March
30100103	ALABAMA AGRICULTURAL		3.00		790,000.00		5-01-2018
30101601	AUBURN UNIVERSITY		3.00		910,000.00		12-01-2018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		65,000.00		4-01-2015
30102604	BENEDICT COLLEGE		3.00		905,000.00		11-01-2020
30102802	BETHANY COLLEGE - DORM BOND		3.38		11,000.00		11-01-2012
30102803	BETHANY COLLEGE - HALL BOND 1967		3.00		110,000.00		11-01-2017
30102804	BETHANY COLLEGE - NOTE OF 1973		3.00		50,000.00		11-01-2012
30104102	CALIFORNIA STATE UNIVERSITY,		3.00		205,000.00		11-01-2013
30104201	TRUST SERVICES DIVISION		3.00		1,218,000.00		11-01-2019
30104605	CARNEGIE MELLON		3.00		390,000.00		11-01-2017
30105701	CHAMPLAIN COLLEGE, INC.		3.00		26,020.91		12-01-2013
30106904	COLLEGE OF SANTA FE		3.00		247,000.00		10-01-2018
30108101	CUMBERLAND COLLEGE		3.00		128,000.00		8-01-2017
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3.00		215,000.00		4-01-2016
30109502	DREXEL UNIVERSITY		3.50		270,000.00		5-01-2014
30109604	DRURY COLLEGE		3.00		71,000.00		4-01-2015

Page 3 of 4

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended March 31, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30110101	ELIZABETH CITY STATE UNIVERSITY		3.00		150,000.00		10-01-2017
30110401	EMMANUEL COLLEGE		3.00		28,000.00		11-01-2013
30110802	FAIRLEIGH DICKINSON UNIV		3.00		650,000.00		11-01-2017
30112002	GEORGE FOX COLLEGE		3.00		320,498.19		7-01-2018
30112301	GEORGETOWN UNIVERSITY		3.00		1,417,000.00		11-01-2020
30112302	GEORGETOWN UNIVERSITY		4.00		3,765,000.00		11-01-2020
30112901	HAMPSHIRE COLLEGE		3.00		49,262.53		7-01-2013
30112902	HAMPSHIRE COLLEGE		3.00		227,691.40		2-01-2014
30113702	HIWASSEE COLLEGE		3.00		80,981.26		9-15-2018
30114001	HOOD COLLEGE		3.63		62,000.00		11-01-2014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3.00		777,014.30		1-01-2017
30116201	LASSEN JUNIOR COLLEGE		3.00		204,000.00		4-01-2020
30117002	LONG ISLAND UNIVERSITY		3.63		161,789.48		6-01-2014
30117402	LYCOMING COLLEGE		3.63		59,000.00		5-01-2014
30117403	LYCOMING COLLEGE		3.75		99,999.99		5-01-2015
30117501	LYNCHBURG COLLEGE		3.75		138,000.00		5-01-2015
30117502	LYNCHBURG COLLEGE		3.00		275,000.00		5-01-2018
30117801	MARIAN COLLEGE OF FOND DU LAC		3.00		185,000.00		10-01-2016
30118302	MARY BALDWIN COLLEGE		3.38		23,000.00		5-01-2012
30118401	MARYMOUNT UNIVERSITY		3.00		215,000.00		5-01-2016
30119001	SLOAN-MEMORIAL KETTERING CANCER CENTER		3.38		59,000.00		4-01-2012
30119202	MERCER UNIV. ACCOUNTING OFFICE		3.00		97,036.64		5-01-2014
30119801	MILLSAPS COLLEGE		3.00		308,000.00		11-01-2021
30119903	MISSISSIPPI STATE UNIVERSITY		3.00		760,000.00		12-01-2020
30120402	MORAVIAN COLLEGE		3.38		20,000.00		11-01-2012
30120601	MORGAN STATE UNIVERSTIY		3.00		528,380.65		11-01-2014
30121101	NEW ENGLAND COLLEGE		3.00		55,000.00		4-01-2016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.63		160,000.00		1-01-2014
30121501	NORFOLK STATE UNIVERSITY		3.00		1,496,707.01		12-01-2021
30122302	NORTHEASTERN UNIVERSITY		3.00		1,257,614.32		5-01-2018
30123401	PAINE COLLEGE		3.00		319,999.99		10-01-2016
30123701	UNIVERSITY OF THE ARTS		3.00		1,268,902.83		1-01-2022
30125504	RIDER COLLEGE		3.63		595,000.00		11-01-2013
30125506	RIDER COLLEGE		3.00		172,000.00		5-01-2017
30127402	ST MARY’S SCHOOL		3.00		197,000.00		6-01-2020
30127602	SAINT MICHAELS COLLEGE		3.00		252,416.18		5-01-2013
30127801	SAINT PAULS COLLEGE		3.00		115,437.13		11-01-2014
30128001	SAINT VINCENT COLLEGE		3.50		110,000.00		5-01-2013
30128802	SETON HILL COLLEGE		3.63		81,000.00		11-01-2014
30129101	SIMPSON COLLEGE - BOND 1966		3.00		110,000.00		7-01-2016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3.00		685,000.00		10-01-2015
30130703	SPRINGFIELD COLLEGE		3.50		53,000.00		5-01-2013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.38		177,000.00		10-01-2012
30132402	TEXAS SOUTHERN UNIVERSITY		3.50		130,000.00		4-01-2013
30132904	TUFTS UNIVERSITY		3.00		1,232,000.00		10-01-2021
30133201	UNIV STUDENT COOP HOUSING		3.00		740,000.00		4-01-2019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3.00		525,000.00		7-01-2014
30136801	UNIVERSITY OF ST THOMAS		3.00		305,000.00		10-01-2019
30137702	VERMONT STATE COLLEGE		3.00		60,000.00		7-01-2014
30137802	VILLANOVA UNIVERSITY		3.00		490,000.00		4-01-2019
30137901	VINCENNES UNIVERSITY		3.00		2,220,000.00		6-01-2023
30138702	WESLEY COLLEGE		3.38		23,000.00		5-01-2013
30140502	WITTENBERG UNIVERSITY		3.00		230,000.00		5-01-2015
30140503	WITTENBERG UNIVERSITY		3.00		92,000.00		11-01-2017
	TOTALS:				29,424,752.81

Page 4 of 4

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

For the Quarter Ended March 31, 2012

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		46,125.00		130,000.00
30125504	RIDER COLLEGE	11/01/10		301,768.72		595,000.00
30117002	LONG ISLAND UNIVERSITY	06/01/11		29,236.36		161,789.48
30121201	NEWARK BETH ISRAEL MEDICAL CENTER	01/01/12		52,900.00		160,000.00
TOTAL:				430,030.08		1,046,789.48

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

For the Quarter Ended March 31, 2012

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Quarter Ended June 30, 2012

Collections:
	April			May			June
Principal Payments		312,180.06			2,092,231.47			476,777.97
Interest Payments		64,692.50			226,091.93			111,403.01
Total Principal and Interest Collections		376,872.56			2,318,323.40			588,180.98
Payments and Reversals Posted to Suspense		—			66,530.41			83,936.43
Total Collections		376,872.56			2,384,853.81			672,117.41
Less: Servicing Fees (not withheld from remittances)		(1,493.11	)		(4,745.04	)		(2,616.52	)
Net Collections		375,379.45			2,380,108.77			669,500.89

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Quarter Ended June 30, 2012

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
April
4012012	30106904	COLLEGE OF SA		—		3,705.00		3,705.00		247,000.00		92.63
4012012	30109604	DRURY COLLEGE		11,000.00		1,065.00		12,065.00		71,000.00		26.63
4012012	30110101	ELIZABETH CIT		—		2,250.00		2,250.00		150,000.00		56.25
4012012	30112002	GEORGE FOX CO		11,210.06		2,403.74		13,613.80		320,498.19		120.19
4012012	30117801	MARIAN COLLEG		—		2,775.00		2,775.00		185,000.00		69.38
4012012	30119001	MEMORIAL SLOA		59,000.00		995.63		59,995.63		59,000.00		22.13
4012012	30121101	NEW ENGLAND C		10,000.00		825.00		10,825.00		55,000.00		20.63
4012012	30133201	UNIV STU COOP		85,000.00		11,100.00		96,100.00		740,000.00		277.50
4012012	30136801	UNIVERSITY OF		—		4,575.00		4,575.00		305,000.00		114.38
4012012	30130903	STEPHEN F AUS		—		2,986.88		2,986.88		177,000.00		66.38
4012012	30132904	TUFTS UNIVERS		—		18,480.00		18,480.00		1,232,000.00		462.00
4012012	30101701	AZUSA PACIFIC		16,000.00		1,218.75		17,218.75		65,000.00		24.38
4012012	30108202	DAEMEN COLLEG		40,000.00		3,225.00		43,225.00		215,000.00		80.63
4012012	30109801	DYOUVILLE COL		62,000.00		6,968.03		68,968.03		464,535.00		174.20
4012012	30113601	HINDS JUNIOR		180,000.00		3,135.00		183,135.00		209,000.00		78.38
4012012	30123401	PAINE COLLEGE		—		4,800.00		4,800.00		319,999.99		120.00
4012012	30132003	TAYLOR UNIVER		—		1,965.00		1,965.00		131,000.00		49.13
4012012	30132402	TEXAS SOUTHER		45,000.00		1,575.00		46,575.00		90,000.00		33.75
		TOTALS:		519,210.06		74,048.03		593,258.09		5,036,033.18		1,888.57
1012012	30121201	NEWARK BETH I		50,000.00		2,900.00		52,900.00		160,000.00		60.00
4012012	30109801	DYOUVILLE COL		62,000.00		6,968.03		68,968.03		464,535.00		(174.20	)
4012012	30113601	HINDS JUNIOR		180,000.00		3,135.00		183,135.00		209,000.00		(78.38	)
4012012	30123401	PAINE COLLEGE		—		4,800.00		4,800.00		319,999.99		(120.00	)
4012012	30132003	TAYLOR UNIVER		—		1,965.00		1,965.00		131,000.00		(49.13	)
4012012	30132402	TEXAS SOUTHER		45,000.00		1,575.00		46,575.00		90,000.00		(33.75	)
												1,493.11
May
5012012	30100103	ALABAMA AGRIC		110,000.00		11,850.00		121,850.00		790,000.00		296.25
5012012	30102604	BENEDICT COLL		—		13,575.00		13,575.00		905,000.00		339.38
5012012	30102802	BETHANY COLLE		—		185.63		185.63		11,000.00		4.13
5012012	30102803	BETHANY COLLE		—		1,650.00		1,650.00		110,000.00		41.25
5012012	30102804	BETHANY COLLE		25,000.00		750.00		25,750.00		50,000.00		18.75
5012012	30104102	CALIFORNIA ST		—		3,075.00		3,075.00		205,000.00		76.88
5012012	30104201	CALIFORNIA ST		—		18,270.00		18,270.00		1,218,000.00		456.75
5012012	30109502	DREXEL UNIVER		100,000.00		4,725.00		104,725.00		270,000.00		101.25
5012012	30110401	EMMANUEL COLL		—		420.00		420.00		28,000.00		10.50
5012012	30110802	FAIRLEIGH DIC		—		9,750.00		9,750.00		650,000.00		243.75
5012012	30112301	GEORGETOWN UN		—		21,255.00		21,255.00		1,417,000.00		531.38
5012012	30112302	GEORGETOWN UN		—		75,300.00		75,300.00		3,765,000.00		1,411.88
5012012	30114001	HOOD COLLEGE		—		1,123.75		1,123.75		62,000.00		23.25
5012012	30117402	LYCOMING COLL		19,000.00		1,069.37		20,069.37		59,000.00		22.13
5012012	30117403	LYCOMING COLL		25,000.00		1,875.00		26,875.00		99,999.99		37.50
5012012	30117501	LYNCHBURG COL		40,000.00		2,587.50		42,587.50		138,000.00		51.75
5012012	30117502	LYNCHBURG COL		40,000.00		4,125.00		44,125.00		275,000.00		103.13
5012012	30118302	MARY BALDWIN		23,000.00		388.13		23,388.13		23,000.00		8.63

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Quarter Ended June 30, 2012

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
5012012	30118401	MARYMOUNT UNI		40,000.00		3,225.00		43,225.00		215,000.00		80.63
5012012	30119202	MERCER UNIVER		18,833.80		1,455.55		20,289.35		97,036.64		36.39
5012012	30119801	MILLSAPS COLL		—		4,620.00		4,620.00		308,000.00		115.50
5012012	30120601	MORGAN STATE		84,818.44		7,925.72		92,744.16		528,380.65		198.14
5012012	30125506	RIDER COLLEGE		25,000.00		2,580.00		27,580.00		172,000.00		64.50
5012012	30127602	ST MICHAELS C		83,073.76		3,786.24		86,860.00		252,416.18		94.66
5012012	30127801	ST PAULS COLL		18,530.53		1,731.56		20,262.09		115,437.13		43.29
5012012	30128802	SETON HILL CO		—		1,468.13		1,468.13		81,000.00		30.38
5012012	30130703	SPRINGFIELD C		45,000.00		927.50		45,927.50		53,000.00		19.88
5012012	30138702	WESLEY COLLEG		21,000.00		388.13		21,388.13		23,000.00		8.63
5012012	30140502	WITTENBERG UN		55,000.00		3,450.00		58,450.00		230,000.00		86.25
5012012	30140503	WITTENBERG UN		—		1,380.00		1,380.00		92,000.00		34.50
5012012	30104605	CARNEGIE-MELL		30,000.00		5,850.00		35,850.00		390,000.00		146.25
5012012	30120402	MORAVIAN COLL		—		337.50		337.50		20,000.00		7.50
5012012	30122302	NORTHEASTERN		88,335.36		18,864.21		107,199.57		1,257,614.32		471.61
5012012	30125504	RIDER COLLEGE		—		5,618.75		5,618.75		310,000.00		116.25
5012012	30128001	ST VINCENT CO		55,000.00		1,925.00		56,925.00		110,000.00		41.25
		TOTALS:		946,591.89		237,507.67		1,184,099.56		14,330,884.91		5,374.15
5012012	30122302	NORTHEASTERN		88,335.36		18,864.21		107,199.57		1,257,614.32		(471.61	)
5012012	30125504	RIDER COLLEGE		—		5,618.75		5,618.75		310,000.00		(116.25	)
5012012	30128001	ST VINCENT CO		55,000.00		1,925.00		56,925.00		110,000.00		(41.25	)
												4,745.04
June
6-01-2012	30101601	AUBURN UNIVER		—		13,650.00		13,650.00		910,000.00		341.25
6-01-2012	30119903	MISSISSIPPI S		—		11,400.00		11,400.00		760,000.00		285.00
6-01-2012	30121501	NORFOLK STATE		64,726.17		22,450.61		87,176.78		1,496,707.01		561.27
6-01-2012	30127402	ST MARY’S COL		11,000.00		2,955.00		13,955.00		197,000.00		73.88
6-01-2012	30137901	VINCENNES UNI		160,000.00		33,300.00		193,300.00		2,220,000.00		832.50
6012012	30105701	CHAMPLAIN COL		6,360.62		390.31		6,750.93		26,020.91		9.76
6012012	30117002	LONG ISLAND U		45,000.00		2,446.88		47,446.88		135,000.00		50.63
		TOTALS:		287,086.79		86,592.80		373,679.59		5,744,727.92		2,154.29
5-01-2012	30122302	NORTHEASTERN		88,335.36		18,864.21		107,199.57		1,257,614.32		471.61
5-01-2012	30128001	ST VINCENT CO		55,000.00		1,925.00		56,925.00		110,000.00		41.25
6-01-2012	30117002	LONG ISLAND U		45,000.00		2,446.88		47,446.88		135,000.00		(50.63	)
												2,616.52
TOTALS FOR QTR				1,752,888.74		398,148.50		2,151,037.24		25,111,646.01		8,854.67

Berkadia Commercial Mortgage

College and University Loan Trust II

Paid In Full Loan Schedule

For the Quarter Ended June 30, 2012

Loan Number	Payoff Date		Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
30119001		4/2/2012		59,995.63		59,000.00		995.63				4012012
30118302		5/1/2012		23,388.13		23,000.00		388.13				5012012
30122302		5/3/2012		1,276,478.71		1,257,614.32		18,864.39				5012018
TOTALS				1,359,862.47		1,339,614.32		20,248.15		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Quarter Ended June 30, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended June 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
April
30100103	ALABAMA AGRICULTURAL		3.00		790,000.00		5-01-2018
30101601	AUBURN UNIVERSITY		3.00		910,000.00		12-01-2018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		49,000.00		4-01-2015
30102604	BENEDICT COLLEGE		3.00		905,000.00		11-01-2020
30102802	BETHANY COLLEGE - DORM BOND		3.38		11,000.00		11-01-2012
30102803	BETHANY COLLEGE - HALL BOND 1967		3.00		110,000.00		11-01-2017
30102804	BETHANY COLLEGE - NOTE OF 1973		3.00		50,000.00		11-01-2012
30104102	CALIFORNIA STATE UNIVERSITY,		3.00		205,000.00		11-01-2013
30104201	TRUST SERVICES DIVISION		3.00		1,218,000.00		11-01-2019
30104605	CARNEGIE MELLON		3.00		360,000.00		11-01-2017
30105701	CHAMPLAIN COLLEGE, INC.		3.00		26,020.91		12-01-2013
30106904	COLLEGE OF SANTA FE		3.00		247,000.00		10-01-2018
30108101	CUMBERLAND COLLEGE		3.00		128,000.00		8-01-2017
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3.00		175,000.00		4-01-2016
30109502	DREXEL UNIVERSITY		3.50		270,000.00		5-01-2014
30109604	DRURY COLLEGE		3.00		60,000.00		4-01-2015
30110101	ELIZABETH CITY STATE UNIVERSITY		3.00		150,000.00		10-01-2017
30110401	EMMANUEL COLLEGE		3.00		28,000.00		11-01-2013
30110802	FAIRLEIGH DICKINSON UNIV		3.00		650,000.00		11-01-2017
30112002	GEORGE FOX COLLEGE		3.00		309,288.13		7-01-2018
30112301	GEORGETOWN UNIVERSITY		3.00		1,417,000.00		11-01-2020
30112302	GEORGETOWN UNIVERSITY		4.00		3,765,000.00		11-01-2020
30112901	HAMPSHIRE COLLEGE		3.00		49,262.53		7-01-2013
30112902	HAMPSHIRE COLLEGE		3.00		227,691.40		2-01-2014
30113702	HIWASSEE COLLEGE		3.00		80,981.26		9-15-2018
30114001	HOOD COLLEGE		3.63		62,000.00		11-01-2014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3.00		777,014.30		1-01-2017
30116201	LASSEN JUNIOR COLLEGE		3.00		204,000.00		4-01-2020
30117002	LONG ISLAND UNIVERSITY		3.63		161,789.48		6-01-2014
30117402	LYCOMING COLLEGE		3.63		59,000.00		5-01-2014
30117403	LYCOMING COLLEGE		3.75		99,999.99		5-01-2015
30117501	LYNCHBURG COLLEGE		3.75		138,000.00		5-01-2015
30117502	LYNCHBURG COLLEGE		3.00		275,000.00		5-01-2018
30117801	MARIAN COLLEGE OF FOND DU LAC		3.00		185,000.00		10-01-2016
30118302	MARY BALDWIN COLLEGE		3.38		23,000.00		5-01-2012
30118401	MARYMOUNT UNIVERSITY		3.00		215,000.00		5-01-2016
30119202	MERCER UNIV. ACCOUNTING OFFICE		3.00		97,036.64		5-01-2014
30119801	MILLSAPS COLLEGE		3.00		308,000.00		11-01-2021
30119903	MISSISSIPPI STATE UNIVERSITY		3.00		760,000.00		12-01-2020
30120402	MORAVIAN COLLEGE		3.38		20,000.00		11-01-2012
30120601	MORGAN STATE UNIVERSITY		3.00		528,380.65		11-01-2014
30121101	NEW ENGLAND COLLEGE		3.00		45,000.00		4-01-2016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.63		110,030.00		1-01-2014
30121501	NORFOLK STATE UNIVERSITY		3.00		1,496,707.01		12-01-2021
30122302	NORTHEASTERN UNIVERSITY		3.00		1,257,614.32		5-01-2018
30123401	PAINE COLLEGE		3.00		319,999.99		10-01-2016
30123701	UNIVERSITY OF THE ARTS		3.00		1,268,902.83		1-01-2022
30125504	RIDER COLLEGE		3.63		595,000.00		11-01-2013
30125506	RIDER COLLEGE		3.00		172,000.00		5-01-2017
30127402	ST MARY’S SCHOOL		3.00		197,000.00		6-01-2020
30127602	SAINT MICHAELS COLLEGE		3.00		252,416.18		5-01-2013
30127801	SAINT PAULS COLLEGE		3.00		115,437.13		11-01-2014
30128001	SAINT VINCENT COLLEGE		3.50		110,000.00		5-01-2013
30128802	SETON HILL COLLEGE		3.63		81,000.00		11-01-2014

Page 1 of 4

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended June 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30129101	SIMPSON COLLEGE - BOND 1966		3.00		110,000.00		7-01-2016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3.00		685,000.00		10-01-2015
30130703	SPRINGFIELD COLLEGE		3.50		53,000.00		5-01-2013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.38		177,000.00		10-01-2012
30132402	TEXAS SOUTHERN UNIVERSITY		3.50		130,000.00		4-01-2013
30132904	TUFTS UNIVERSITY		3.00		1,232,000.00		10-01-2021
30133201	UNIV STUDENT COOP HOUSING		3.00		655,000.00		4-01-2019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3.00		525,000.00		7-01-2014
30136801	UNIVERSITY OF ST THOMAS		3.00		305,000.00		10-01-2019
30137702	VERMONT STATE COLLEGE		3.00		60,000.00		7-01-2014
30137802	VILLANOVA UNIVERSITY		3.00		490,000.00		4-01-2019
30137901	VINCENNES UNIVERSITY		3.00		2,220,000.00		6-01-2023
30138702	WESLEY COLLEGE		3.38		23,000.00		5-01-2013
30140502	WITTENBERG UNIVERSITY		3.00		230,000.00		5-01-2015
30140503	WITTENBERG UNIVERSITY		3.00		92,000.00		11-01-2017
	TOTALS:				29,112,572.75
May
30100103	ALABAMA AGRICULTURAL		3.00		680,000.00		5-01-2018
30101601	AUBURN UNIVERSITY		3.00		910,000.00		12-01-2018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		49,000.00		4-01-2015
30102604	BENEDICT COLLEGE		3.00		905,000.00		11-01-2020
30102802	BETHANY COLLEGE - DORM BOND		3.38		11,000.00		11-01-2012
30102803	BETHANY COLLEGE - HALL BOND 1967		3.00		110,000.00		11-01-2017
30102804	BETHANY COLLEGE - NOTE OF 1973		3.00		25,000.00		11-01-2012
30104102	CALIFORNIA STATE UNIVERSITY,		3.00		205,000.00		11-01-2013
30104201	TRUST SERVICES DIVISION		3.00		1,218,000.00		11-01-2019
30104605	CARNEGIE MELLON		3.00		360,000.00		11-01-2017
30105701	CHAMPLAIN COLLEGE, INC.		3.00		19,660.29		12-01-2013
30106904	COLLEGE OF SANTA FE		3.00		247,000.00		10-01-2018
30108101	CUMBERLAND COLLEGE		3.00		128,000.00		8-01-2017
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3.00		175,000.00		4-01-2016
30109502	DREXEL UNIVERSITY		3.50		170,000.00		5-01-2014
30109604	DRURY COLLEGE		3.00		60,000.00		4-01-2015
30110101	ELIZABETH CITY STATE UNIVERSITY		3.00		150,000.00		10-01-2017
30110401	EMMANUEL COLLEGE		3.00		28,000.00		11-01-2013
30110802	FAIRLEIGH DICKINSON UNIV		3.00		650,000.00		11-01-2017
30112002	GEORGE FOX COLLEGE		3.00		309,288.13		7-01-2018
30112301	GEORGETOWN UNIVERSITY		3.00		1,417,000.00		11-01-2020
30112302	GEORGETOWN UNIVERSITY		4.00		3,765,000.00		11-01-2020
30112901	HAMPSHIRE COLLEGE		3.00		49,262.53		7-01-2013
30112902	HAMPSHIRE COLLEGE		3.00		227,691.40		2-01-2014
30113702	HIWASSEE COLLEGE		3.00		80,981.26		9-15-2018
30114001	HOOD COLLEGE		3.63		62,000.00		11-01-2014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3.00		777,014.30		1-01-2017
30116201	LASSEN JUNIOR COLLEGE		3.00		204,000.00		4-01-2020
30117002	LONG ISLAND UNIVERSITY		3.63		161,789.48		6-01-2014
30117402	LYCOMING COLLEGE		3.63		40,000.00		5-01-2014
30117403	LYCOMING COLLEGE		3.75		74,999.99		5-01-2015
30117501	LYNCHBURG COLLEGE		3.75		98,000.00		5-01-2015
30117502	LYNCHBURG COLLEGE		3.00		235,000.00		5-01-2018
30117801	MARIAN COLLEGE OF FOND DU LAC		3.00		185,000.00		10-01-2016
30118401	MARYMOUNT UNIVERSITY		3.00		175,000.00		5-01-2016
30119202	MERCER UNIV. ACCOUNTING OFFICE		3.00		78,202.84		5-01-2014

Page 2 of 4

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended June 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30119801	MILLSAPS COLLEGE		3.00		308,000.00		11-01-2021
30119903	MISSISSIPPI STATE UNIVERSITY		3.00		760,000.00		12-01-2020
30120402	MORAVIAN COLLEGE		3.38		20,000.00		11-01-2012
30120601	MORGAN STATE UNIVERSITY		3.00		443,562.21		11-01-2014
30121101	NEW ENGLAND COLLEGE		3.00		45,000.00		4-01-2016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.63		110,030.00		1-01-2014
30121501	NORFOLK STATE UNIVERSITY		3.00		1,496,707.01		12-01-2021
30123401	PAINE COLLEGE		3.00		319,999.99		10-01-2016
30123701	UNIVERSITY OF THE ARTS		3.00		1,268,902.83		1-01-2022
30125504	RIDER COLLEGE		3.63		595,000.00		11-01-2013
30125506	RIDER COLLEGE		3.00		147,000.00		5-01-2017
30127402	ST MARY’S SCHOOL		3.00		197,000.00		6-01-2020
30127602	SAINT MICHAELS COLLEGE		3.00		169,342.42		5-01-2013
30127801	SAINT PAULS COLLEGE		3.00		96,906.60		11-01-2014
30128001	SAINT VINCENT COLLEGE		3.50		55,000.00		5-01-2013
30128802	SETON HILL COLLEGE		3.63		81,000.00		11-01-2014
30129101	SIMPSON COLLEGE - BOND 1966		3.00		110,000.00		7-01-2016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3.00		685,000.00		10-01-2015
30130703	SPRINGFIELD COLLEGE		3.50		8,000.00		5-01-2013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.38		177,000.00		10-01-2012
30132402	TEXAS SOUTHERN UNIVERSITY		3.50		130,000.00		4-01-2013
30132904	TUFTS UNIVERSITY		3.00		1,232,000.00		10-01-2021
30133201	UNIV STUDENT COOP HOUSING		3.00		655,000.00		4-01-2019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3.00		525,000.00		7-01-2014
30136801	UNIVERSITY OF ST THOMAS		3.00		305,000.00		10-01-2019
30137702	VERMONT STATE COLLEGE		3.00		60,000.00		7-01-2014
30137802	VILLANOVA UNIVERSITY		3.00		490,000.00		4-01-2019
30137901	VINCENNES UNIVERSITY		3.00		2,220,000.00		6-01-2023
30138702	WESLEY COLLEGE		3.38		2,000.00		5-01-2013
30140502	WITTENBERG UNIVERSITY		3.00		175,000.00		5-01-2015
30140503	WITTENBERG UNIVERSITY		3.00		92,000.00		11-01-2017
	TOTALS:				27,020,341.28
June
30100103	ALABAMA AGRICULTURAL		3.00		680,000.00		5-01-2018
30101601	AUBURN UNIVERSITY		3.00		910,000.00		12-01-2018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		49,000.00		4-01-2015
30102604	BENEDICT COLLEGE		3.00		905,000.00		11-01-2020
30102802	BETHANY COLLEGE - DORM BOND		3.38		11,000.00		11-01-2012
30102803	BETHANY COLLEGE - HALL BOND 1967		3.00		110,000.00		11-01-2017
30102804	BETHANY COLLEGE - NOTE OF 1973		3.00		25,000.00		11-01-2012
30104102	CALIFORNIA STATE UNIVERSITY,		3.00		205,000.00		11-01-2013
30104201	TRUST SERVICES DIVISION		3.00		1,218,000.00		11-01-2019
30104605	CARNEGIE MELLON		3.00		360,000.00		11-01-2017
30105701	CHAMPLAIN COLLEGE, INC.		3.00		19,660.29		12-01-2013
30106904	COLLEGE OF SANTA FE		3.00		247,000.00		10-01-2018
30108101	CUMBERLAND COLLEGE		3.00		128,000.00		8-01-2017
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3.00		175,000.00		4-01-2016
30109502	DREXEL UNIVERSITY		3.50		170,000.00		5-01-2014
30109604	DRURY COLLEGE		3.00		60,000.00		4-01-2015
30110101	ELIZABETH CITY STATE UNIVERSITY		3.00		150,000.00		10-01-2017
30110401	EMMANUEL COLLEGE		3.00		28,000.00		11-01-2013
30110802	FAIRLEIGH DICKINSON UNIV		3.00		650,000.00		11-01-2017

Page 3 of 4

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended June 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30112002	GEORGE FOX COLLEGE		3.00		309,288.13		7-01-2018
30112301	GEORGETOWN UNIVERSITY		3.00		1,417,000.00		11-01-2020
30112302	GEORGETOWN UNIVERSITY		4.00		3,765,000.00		11-01-2020
30112901	HAMPSHIRE COLLEGE		3.00		33,085.39		7-01-2013
30112902	HAMPSHIRE COLLEGE		3.00		227,691.40		2-01-2014
30113702	HIWASSEE COLLEGE		3.00		80,981.26		9-15-2018
30114001	HOOD COLLEGE		3.63		62,000.00		11-01-2014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3.00		777,014.30		1-01-2017
30116201	LASSEN JUNIOR COLLEGE		3.00		204,000.00		4-01-2020
30117002	LONG ISLAND UNIVERSITY		3.63		161,789.48		6-01-2014
30117402	LYCOMING COLLEGE		3.63		40,000.00		5-01-2014
30117403	LYCOMING COLLEGE		3.75		74,999.99		5-01-2015
30117501	LYNCHBURG COLLEGE		3.75		98,000.00		5-01-2015
30117502	LYNCHBURG COLLEGE		3.00		235,000.00		5-01-2018
30117801	MARIAN COLLEGE OF FOND DU LAC		3.00		185,000.00		10-01-2016
30118401	MARYMOUNT UNIVERSITY		3.00		175,000.00		5-01-2016
30119202	MERCER UNIV. ACCOUNTING OFFICE		3.00		78,202.84		5-01-2014
30119801	MILLSAPS COLLEGE		3.00		308,000.00		11-01-2021
30119903	MISSISSIPPI STATE UNIVERSITY		3.00		760,000.00		12-01-2020
30120402	MORAVIAN COLLEGE		3.38		20,000.00		11-01-2012
30120601	MORGAN STATE UNIVERSITY		3.00		443,562.21		11-01-2014
30121101	NEW ENGLAND COLLEGE		3.00		45,000.00		4-01-2016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.63		110,030.00		1-01-2014
30121501	NORFOLK STATE UNIVERSITY		3.00		1,431,980.84		12-01-2021
30123401	PAINE COLLEGE		3.00		319,999.99		10-01-2016
30123701	UNIVERSITY OF THE ARTS		3.00		1,214,028.17		1-01-2022
30125504	RIDER COLLEGE		3.63		595,000.00		11-01-2013
30125506	RIDER COLLEGE		3.00		147,000.00		5-01-2017
30127402	ST MARY’S SCHOOL		3.00		186,000.00		6-01-2020
30127602	SAINT MICHAELS COLLEGE		3.00		169,342.42		5-01-2013
30127801	SAINT PAULS COLLEGE		3.00		96,906.60		11-01-2014
30128001	SAINT VINCENT COLLEGE		3.50		55,000.00		5-01-2013
30128802	SETON HILL COLLEGE		3.63		81,000.00		11-01-2014
30129101	SIMPSON COLLEGE - BOND 1966		3.00		110,000.00		7-01-2016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3.00		685,000.00		10-01-2015
30130703	SPRINGFIELD COLLEGE		3.50		8,000.00		5-01-2013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.38		177,000.00		10-01-2012
30132402	TEXAS SOUTHERN UNIVERSITY		3.50		130,000.00		4-01-2013
30132904	TUFTS UNIVERSITY		3.00		1,232,000.00		10-01-2021
30133201	UNIV STUDENT COOP HOUSING		3.00		655,000.00		4-01-2019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3.00		355,000.00		7-01-2014
30136801	UNIVERSITY OF ST THOMAS		3.00		305,000.00		10-01-2019
30137702	VERMONT STATE COLLEGE		3.00		60,000.00		7-01-2014
30137802	VILLANOVA UNIVERSITY		3.00		490,000.00		4-01-2019
30137901	VINCENNES UNIVERSITY		3.00		2,060,000.00		6-01-2023
30138702	WESLEY COLLEGE		3.38		2,000.00		5-01-2013
30140502	WITTENBERG UNIVERSITY		3.00		175,000.00		5-01-2015
30140503	WITTENBERG UNIVERSITY		3.00		92,000.00		11-01-2017
	TOTALS:				26,543,563.31

Page 4 of 4

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

For the Quarter Ended June 30, 2012

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		92,700.00		130,000.00
30125504	RIDER COLLEGE	11/01/10		307,387.47		595,000.00
30117002	LONG ISLAND UNIVERSITY	06/01/11		76,683.24		161,789.48
30121201	NEWARK BETH ISRAEL MEDICAL CENTER	01/01/12		30.00		110,030.00
30123401	PAINE COLLEGE	04/01/12		4,800.00		319,999.99
TOTAL:				481,600.71		1,316,819.47

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

For the Quarter Ended June 30, 2012

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Quarter Ended September 30, 2012

Collections:

	July			August			September
Principal Payments		453,030.78			—			1,397,000.00
Interest Payments		24,313.52			—			33,005.00
Total Principal and Interest Collections		477,344.30			—			1,430,005.00
Payments and Reversals Posted to Suspense		(97,401.13	)		—			—
Total Collections		379,943.17			—			1,430,005.00
Less: Servicing Fees (not withheld from remittances)		(1,505.26	)		(85.38	)		—
Net Collections		378,437.91			(85.38	)		1,430,005.00

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Quarter Ended September 30, 2012

Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
July
7012012	30112002	GEORGE FOX CO		11,294.14		2,319.66		13,613.80		309,288.13		115.98
7012012	30114802	INTER AMERICA		81,141.99		11,655.21		92,797.20		777,014.30		291.38
7012012	30121201	NEWARK BETH I		—		1,993.75		1,993.75		110,000.00		41.25
7012012	30129101	SIMPSON COLLE		20,000.00		1,650.00		21,650.00		110,000.00		41.25
7012012	30137702	VERMONT STATE		19,000.00		900.00		19,900.00		60,000.00		22.50
7012012	30112901	HAMPSHIRE COL		16,177.14		738.94		16,916.08		49,262.53		18.47
7012012	30123701	PHILADELPHIA		54,874.66		19,033.54		73,908.20		1,268,902.83		475.84
7012012	30134402	UNIVERSITY OF		170,000.00		7,875.00		177,875.00		525,000.00		196.88
		TOTALS:		372,487.93		46,166.10		418,654.03		3,209,467.79		1,203.55
4012012	30109801	DYOUVILLE COL		62,000.00		6,968.03		68,968.03		464,535.00		174.20
4012012	30113601	HINDS JUNIOR		180,000.00		3,135.00		183,135.00		209,000.00		78.38
4012012	30132003	TAYLOR UNIVER		—		1,965.00		1,965.00		131,000.00		49.13
												1,505.26
August
8012012	30112902	HAMPSHIRE COL		55,658.05		3,415.37		59,073.42		227,691.40		85.38
		TOTALS:		55,658.05		3,415.37		59,073.42		227,691.40		85.38
												85.38
September
9-15-2012	30113702	HIWASSEE COLL		5,693.28		1,214.72		6,908.00		80,981.26		30.37
		TOTALS:		5,693.28		1,214.72		6,908.00		80,981.26		30.37
9-15-2012	30113702	HIWASSEE COLL		5,693.28		1,214.72		6,908.00		80,981.26		(30.37	)
												—

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Quarter Ended September 30, 2012

Date Due

Loan Number

Borrower Name

Principal Due

Interest Due

Total Due

Principal Balance

Service Fees

TOTALS FOR QTR

433,839.26

50,796.19

484,635.45

3,518,140.45

1,590.64

Berkadia Commercial Mortgage

College and University Loan Trust II

Paid In Full Loan Schedule

For the Quarter Ended September 30, 2012

Loan Number	Payoff Date		Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
30108101		7/23/2012		129,920.00		128,000.00		1,920.00				8012017
30127801		7/13/2012		97,391.13		96,906.60		484.53				11012014
30137702		7/2/2012		60,905.00		60,000.00		905.00				7012014
30132904		9/28/2012		1,232,000.00		1,232,000.00		—				10012021
TOTALS				1,520,216.13		1,516,906.60		3,309.53		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Quarter Ended September 30, 2012

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

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended September 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
July
30100103	ALABAMA AGRICULTURAL		3.00		680,000.00		5-01-2018
30101601	AUBURN UNIVERSITY		3.00		910,000.00		12-01-2018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		49,000.00		4-01-2015
30102604	BENEDICT COLLEGE		3.00		905,000.00		11-01-2020
30102802	BETHANY COLLEGE - DORM BOND		3.38		11,000.00		11-01-2012
30102803	BETHANY COLLEGE - HALL BOND 1967		3.00		110,000.00		11-01-2017
30102804	BETHANY COLLEGE - NOTE OF 1973		3.00		25,000.00		11-01-2012
30104102	CALIFORNIA STATE UNIVERSITY,		3.00		205,000.00		11-01-2013
30104201	TRUST SERVICES DIVISION		3.00		1,218,000.00		11-01-2019
30104605	CARNEGIE MELLON		3.00		360,000.00		11-01-2017
30105701	CHAMPLAIN COLLEGE, INC.		3.00		19,660.29		12-01-2013
30106904	COLLEGE OF SANTA FE		3.00		247,000.00		10-01-2018
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3.00		175,000.00		4-01-2016
30109502	DREXEL UNIVERSITY		3.50		170,000.00		5-01-2014
30109604	DRURY COLLEGE		3.00		60,000.00		4-01-2015
30110101	ELIZABETH CITY STATE UNIVERSITY		3.00		150,000.00		10-01-2017
30110401	EMMANUEL COLLEGE		3.00		28,000.00		11-01-2013
30110802	FAIRLEIGH DICKINSON UNIV		3.00		650,000.00		11-01-2017
30112002	GEORGE FOX COLLEGE		3.00		297,993.99		7-01-2018
30112301	GEORGETOWN UNIVERSITY		3.00		1,417,000.00		11-01-2020
30112302	GEORGETOWN UNIVERSITY		4.00		3,765,000.00		11-01-2020
30112901	HAMPSHIRE COLLEGE		3.00		33,085.39		7-01-2013
30112902	HAMPSHIRE COLLEGE		3.00		172,033.35		2-01-2014
30113702	HIWASSEE COLLEGE		3.00		80,981.26		9-15-2018
30114001	HOOD COLLEGE		3.63		62,000.00		11-01-2014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3.00		695,872.31		1-01-2017
30116201	LASSEN JUNIOR COLLEGE		3.00		204,000.00		4-01-2020
30117002	LONG ISLAND UNIVERSITY		3.63		161,789.48		6-01-2014
30117402	LYCOMING COLLEGE		3.63		40,000.00		5-01-2014
30117403	LYCOMING COLLEGE		3.75		74,999.99		5-01-2015
30117501	LYNCHBURG COLLEGE		3.75		98,000.00		5-01-2015
30117502	LYNCHBURG COLLEGE		3.00		235,000.00		5-01-2018
30117801	MARIAN COLLEGE OF FOND DU LAC		3.00		185,000.00		10-01-2016
30118401	MARYMOUNT UNIVERSITY		3.00		175,000.00		5-01-2016
30119202	MERCER UNIV. ACCOUNTING OFFICE		3.00		78,202.84		5-01-2014
30119801	MILLSAPS COLLEGE		3.00		308,000.00		11-01-2021
30119903	MISSISSIPPI STATE UNIVERSITY		3.00		760,000.00		12-01-2020
30120402	MORAVIAN COLLEGE		3.38		20,000.00		11-01-2012
30120601	MORGAN STATE UNIVERSITY		3.00		443,562.21		11-01-2014
30121101	NEW ENGLAND COLLEGE		3.00		45,000.00		4-01-2016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.63		110,000.00		1-01-2014
30121501	NORFOLK STATE UNIVERSITY		3.00		1,431,980.84		12-01-2021
30123401	PAINE COLLEGE		3.00		319,999.99		10-01-2016
30123701	UNIVERSITY OF THE ARTS		3.00		1,214,028.17		1-01-2022
30125504	RIDER COLLEGE		3.63		595,000.00		11-01-2013
30125506	RIDER COLLEGE		3.00		147,000.00		5-01-2017
30127402	ST MARY’S SCHOOL		3.00		186,000.00		6-01-2020
30127602	SAINT MICHAELS COLLEGE		3.00		169,342.42		5-01-2013
30128001	SAINT VINCENT COLLEGE		3.50		55,000.00		5-01-2013
30128802	SETON HILL COLLEGE		3.63		81,000.00		11-01-2014
30129101	SIMPSON COLLEGE - BOND 1966		3.00		90,000.00		7-01-2016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3.00		685,000.00		10-01-2015
30130703	SPRINGFIELD COLLEGE		3.50		8,000.00		5-01-2013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.38		177,000.00		10-01-2012

Page 1 of 4

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended September 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30132402	TEXAS SOUTHERN UNIVERSITY		3.50		130,000.00		4-01-2013
30132904	TUFTS UNIVERSITY		3.00		1,232,000.00		10-01-2021
30133201	UNIV STUDENT COOP HOUSING		3.00		655,000.00		4-01-2019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3.00		355,000.00		7-01-2014
30136801	UNIVERSITY OF ST THOMAS		3.00		305,000.00		10-01-2019
30137802	VILLANOVA UNIVERSITY		3.00		490,000.00		4-01-2019
30137901	VINCENNES UNIVERSITY		3.00		2,060,000.00		6-01-2023
30138702	WESLEY COLLEGE		3.38		2,000.00		5-01-2013
30140502	WITTENBERG UNIVERSITY		3.00		175,000.00		5-01-2015
30140503	WITTENBERG UNIVERSITY		3.00		92,000.00		11-01-2017
	TOTALS:				26,090,532.53
August
30100103	ALABAMA AGRICULTURAL		3.00		680,000.00		5-01-2018
30101601	AUBURN UNIVERSITY		3.00		910,000.00		12-01-2018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		49,000.00		4-01-2015
30102604	BENEDICT COLLEGE		3.00		905,000.00		11-01-2020
30102802	BETHANY COLLEGE - DORM BOND		3.38		11,000.00		11-01-2012
30102803	BETHANY COLLEGE - HALL BOND 1967		3.00		110,000.00		11-01-2017
30102804	BETHANY COLLEGE - NOTE OF 1973		3.00		25,000.00		11-01-2012
30104102	CALIFORNIA STATE UNIVERSITY,		3.00		205,000.00		11-01-2013
30104201	TRUST SERVICES DIVISION		3.00		1,218,000.00		11-01-2019
30104605	CARNEGIE MELLON		3.00		360,000.00		11-01-2017
30105701	CHAMPLAIN COLLEGE, INC.		3.00		19,660.29		12-01-2013
30106904	COLLEGE OF SANTA FE		3.00		247,000.00		10-01-2018
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3.00		175,000.00		4-01-2016
30109502	DREXEL UNIVERSITY		3.50		170,000.00		5-01-2014
30109604	DRURY COLLEGE		3.00		60,000.00		4-01-2015
30110101	ELIZABETH CITY STATE UNIVERSITY		3.00		150,000.00		10-01-2017
30110401	EMMANUEL COLLEGE		3.00		28,000.00		11-01-2013
30110802	FAIRLEIGH DICKINSON UNIV		3.00		650,000.00		11-01-2017
30112002	GEORGE FOX COLLEGE		3.00		297,994.00		7-01-2018
30112301	GEORGETOWN UNIVERSITY		3.00		1,417,000.00		11-01-2020
30112302	GEORGETOWN UNIVERSITY		4.00		3,765,000.00		11-01-2020
30112901	HAMPSHIRE COLLEGE		3.00		33,085.39		7-01-2013
30112902	HAMPSHIRE COLLEGE		3.00		172,033.40		2-01-2014
30113702	HIWASSEE COLLEGE		3.00		80,981.26		9-15-2018
30114001	HOOD COLLEGE		3.63		62,000.00		11-01-2014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3.00		695,872.30		1-01-2017
30116201	LASSEN JUNIOR COLLEGE		3.00		204,000.00		4-01-2020
30117002	LONG ISLAND UNIVERSITY		3.63		161,789.50		6-01-2014
30117402	LYCOMING COLLEGE		3.63		40,000.00		5-01-2014
30117403	LYCOMING COLLEGE		3.75		74,999.99		5-01-2015
30117501	LYNCHBURG COLLEGE		3.75		98,000.00		5-01-2015
30117502	LYNCHBURG COLLEGE		3.00		235,000.00		5-01-2018
30117801	MARIAN COLLEGE OF FOND DU LAC		3.00		185,000.00		10-01-2016
30118401	MARYMOUNT UNIVERSITY		3.00		175,000.00		5-01-2016
30119202	MERCER UNIV. ACCOUNTING OFFICE		3.00		78,202.84		5-01-2014
30119801	MILLSAPS COLLEGE		3.00		308,000.00		11-01-2021
30119903	MISSISSIPPI STATE UNIVERSITY		3.00		760,000.00		12-01-2020
30120402	MORAVIAN COLLEGE		3.38		20,000.00		11-01-2012
30120601	MORGAN STATE UNIVERSITY		3.00		443,562.20		11-01-2014
30121101	NEW ENGLAND COLLEGE		3.00		45,000.00		4-01-2016

Page 2 of 4

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended September 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.63		110,000.00		1-01-2014
30121501	NORFOLK STATE UNIVERSITY		3.00		1,431,981.00		12-01-2021
30123401	PAINE COLLEGE		3.00		320,000.00		10-01-2016
30123701	UNIVERSITY OF THE ARTS		3.00		1,214,028.00		1-01-2022
30125504	RIDER COLLEGE		3.63		595,000.00		11-01-2013
30125506	RIDER COLLEGE		3.00		147,000.00		5-01-2017
30127402	ST MARY’S SCHOOL		3.00		186,000.00		6-01-2020
30127602	SAINT MICHAELS COLLEGE		3.00		169,342.40		5-01-2013
30128001	SAINT VINCENT COLLEGE		3.50		55,000.00		5-01-2013
30128802	SETON HILL COLLEGE		3.63		81,000.00		11-01-2014
30129101	SIMPSON COLLEGE - BOND 1966		3.00		90,000.00		7-01-2016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3.00		685,000.00		10-01-2015
30130703	SPRINGFIELD COLLEGE		3.50		8,000.00		5-01-2013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.38		177,000.00		10-01-2012
30132402	TEXAS SOUTHERN UNIVERSITY		3.50		130,000.00		4-01-2013
30132904	TUFTS UNIVERSITY		3.00		1,232,000.00		10-01-2021
30133201	UNIV STUDENT COOP HOUSING		3.00		655,000.00		4-01-2019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3.00		355,000.00		7-01-2014
30136801	UNIVERSITY OF ST THOMAS		3.00		305,000.00		10-01-2019
30137802	VILLANOVA UNIVERSITY		3.00		490,000.00		4-01-2019
30137901	VINCENNES UNIVERSITY		3.00		2,060,000.00		6-01-2023
30138702	WESLEY COLLEGE		3.38		2,000.00		5-01-2013
30140502	WITTENBERG UNIVERSITY		3.00		175,000.00		5-01-2015
30140503	WITTENBERG UNIVERSITY		3.00		92,000.00		11-01-2017
	TOTALS:				26,090,532.57
September
30100103	ALABAMA AGRICULTURAL		3.00		680,000.00		5-01-2018
30101601	AUBURN UNIVERSITY		3.00		910,000.00		12-01-2018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		49,000.00		4-01-2015
30102604	BENEDICT COLLEGE		3.00		905,000.00		11-01-2020
30102802	BETHANY COLLEGE - DORM BOND		3.38		11,000.00		11-01-2012
30102803	BETHANY COLLEGE - HALL BOND 1967		3.00		110,000.00		11-01-2017
30102804	BETHANY COLLEGE - NOTE OF 1973		3.00		25,000.00		11-01-2012
30104102	CALIFORNIA STATE UNIVERSITY,		3.00		205,000.00		11-01-2013
30104201	TRUST SERVICES DIVISION		3.00		1,218,000.00		11-01-2019
30104605	CARNEGIE MELLON		3.00		360,000.00		11-01-2017
30105701	CHAMPLAIN COLLEGE, INC.		3.00		19,660.29		12-01-2013
30106904	COLLEGE OF SANTA FE		3.00		247,000.00		10-01-2018
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3.00		175,000.00		4-01-2016
30109502	DREXEL UNIVERSITY		3.50		170,000.00		5-01-2014
30109604	DRURY COLLEGE		3.00		60,000.00		4-01-2015
30110101	ELIZABETH CITY STATE UNIVERSITY		3.00		150,000.00		10-01-2017
30110401	EMMANUEL COLLEGE		3.00		28,000.00		11-01-2013
30110802	FAIRLEIGH DICKINSON UNIV		3.00		650,000.00		11-01-2017
30112002	GEORGE FOX COLLEGE		3.00		297,993.99		7-01-2018
30112301	GEORGETOWN UNIVERSITY		3.00		1,417,000.00		11-01-2020
30112302	GEORGETOWN UNIVERSITY		4.00		3,765,000.00		11-01-2020
30112901	HAMPSHIRE COLLEGE		3.00		33,085.39		7-01-2013
30112902	HAMPSHIRE COLLEGE		3.00		172,033.35		2-01-2014
30113702	HIWASSEE COLLEGE		3.00		80,981.26		9-15-2018
30114001	HOOD COLLEGE		3.63		62,000.00		11-01-2014
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3.00		695,872.31		1-01-2017
30116201	LASSEN JUNIOR COLLEGE		3.00		204,000.00		4-01-2020

Page 3 of 4

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

For the Quarter Ended September 30, 2012

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30117002	LONG ISLAND UNIVERSITY		3.63		161,789.48		6-01-2014
30117402	LYCOMING COLLEGE		3.63		40,000.00		5-01-2014
30117403	LYCOMING COLLEGE		3.75		74,999.99		5-01-2015
30117501	LYNCHBURG COLLEGE		3.75		98,000.00		5-01-2015
30117502	LYNCHBURG COLLEGE		3.00		235,000.00		5-01-2018
30117801	MARIAN COLLEGE OF FOND DU LAC		3.00		185,000.00		10-01-2016
30118401	MARYMOUNT UNIVERSITY		3.00		175,000.00		5-01-2016
30119202	MERCER UNIV. ACCOUNTING OFFICE		3.00		78,202.84		5-01-2014
30119801	MILLSAPS COLLEGE		3.00		308,000.00		11-01-2021
30119903	MISSISSIPPI STATE UNIVERSITY		3.00		760,000.00		12-01-2020
30120402	MORAVIAN COLLEGE		3.38		20,000.00		11-01-2012
30120601	MORGAN STATE UNIVERSITY		3.00		443,562.21		11-01-2014
30121101	NEW ENGLAND COLLEGE		3.00		45,000.00		4-01-2016
30121201	NEWARK BETH ISRAEL MEDICAL CENTER		3.63		110,000.00		1-01-2014
30121501	NORFOLK STATE UNIVERSITY		3.00		1,431,980.84		12-01-2021
30123401	PAINE COLLEGE		3.00		319,999.99		10-01-2016
30123701	UNIVERSITY OF THE ARTS		3.00		1,214,028.17		1-01-2022
30125504	RIDER COLLEGE		3.63		595,000.00		11-01-2013
30125506	RIDER COLLEGE		3.00		147,000.00		5-01-2017
30127402	ST MARY’S SCHOOL		3.00		186,000.00		6-01-2020
30127602	SAINT MICHAELS COLLEGE		3.00		169,342.42		5-01-2013
30128001	SAINT VINCENT COLLEGE		3.50		55,000.00		5-01-2013
30128802	SETON HILL COLLEGE		3.63		81,000.00		11-01-2014
30129101	SIMPSON COLLEGE - BOND 1966		3.00		90,000.00		7-01-2016
30130301	SOUTHWEST TEXAS STATE UNIVERSITY		3.00		520,000.00		10-01-2015
30130703	SPRINGFIELD COLLEGE		3.50		8,000.00		5-01-2013
30130903	STEPHEN F AUSTIN STATE UNIVERSITY		3.38		177,000.00		10-01-2012
30132402	TEXAS SOUTHERN UNIVERSITY		3.50		130,000.00		4-01-2013
30133201	UNIV STUDENT COOP HOUSING		3.00		655,000.00		4-01-2019
30134402	UNIVERSITY OF FLORIDA / REV. CERTS., 84		3.00		355,000.00		7-01-2014
30136801	UNIVERSITY OF ST THOMAS		3.00		305,000.00		10-01-2019
30137802	VILLANOVA UNIVERSITY		3.00		490,000.00		4-01-2019
30137901	VINCENNES UNIVERSITY		3.00		2,060,000.00		6-01-2023
30138702	WESLEY COLLEGE		3.38		2,000.00		5-01-2013
30140502	WITTENBERG UNIVERSITY		3.00		175,000.00		5-01-2015
30140503	WITTENBERG UNIVERSITY		3.00		92,000.00		11-01-2017
	TOTALS:				24,693,532.53

Page 4 of 4

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

For the Quarter Ended September 30, 2012

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
30132402	TEXAS SOUTHERN UNIVERSITY	10/01/10		92,700.00		130,000.00
30125504	RIDER COLLEGE	11/01/10		307,387.47		595,000.00
30117002	LONG ISLAND UNIVERSITY	06/01/11		76,683.24		161,789.48
30123401	PAINE COLLEGE	04/01/12		4,800.00		319,999.99
30121201	NEWARK BETH ISRAEL MEDICAL CENTER	07/01/12		30.00		110,000.00
TOTAL:				481,600.71		1,316,789.47

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

For the Quarter Ended September 30, 2012

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for January 2012

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due		Total Due
20120103		1012012		30123701	UNIVERSITY OF THE ARTS		54,063.70		19,844.50		73,908.20
20120103		1012012		30129101	SIMPSON COLLEGE - BOND 1966		—		1,650.00		1,650.00
20120103		1012012		30137702	VERMONT STATE COLLEGE		—		900.00		900.00
System Credits 1/3
System Debits 1/3
Bank Credit 1/3
Bank Debit 1/3
Bank Debit 1/3 (funds movement adj)
Trustee Wire 1/3
20120105		1012012		30112002	GEORGE FOX COLLEGE		11,126.61		2,487.19		13,613.80
System Credits 1/5
System Debits 1/5
Bank Credit 1/4
Bank Debit 1/4
Bank Debit 1/4 (funds movement adj)
Trustee Wire 1/4
20120111		0		30132003	TAYLOR UNIVERSITY
System Credits 1/11
System Debits 1/11
Bank Credit 1/6
Bank Debit 1/6 (service fees)
Bank Debit 1/6 (funds movement adj)
Trustee Wire 1/6
20120118		0		30132003	TAYLOR UNIVERSITY
20120118		0		30132003	TAYLOR UNIVERSITY
System Credits 1/18
System Debits 1/18
Bank Credit 1/12
Bank Debit 1/12
Bank Debit 1/12 (service fees)
Trustee Wire 1/12
20120119		6012012		30121501	NORFOLK STATE UNIVERSITY
20120119		0		30121501	NORFOLK STATE UNIVERSITY
20120119		0		30121501	NORFOLK STATE UNIVERSITY
System Credits 1/19
System Debits 1/19
Bank Credit 1/19
Bank Debit 1/19 (payment reversal)
Bank Debit 1/19 (funds movement adj)
Bank Debit 1/19 (inspection fees)
Trustee Wire 1/19
20120130		2012012		30112902	HAMPSHIRE COLLEGE

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due		Total Due
System Credits 1/30
System Debits 1/30
Bank Credit 1/20
Bank Debit 1/20 (payment reversal)
Bank Debit 1/20 (funds movement adj)
Trustee Wire 1/20
System Credits 1/31
System Debits 1/31
Bank Credit 1/31
Bank Debit 1/31
Bank Debit 1/31 (funds movement adj)
Trustee Wire 1/31
					TOTALS:		65,190.31		24,881.69		90,072.00
Loans Due in Current Period and Paid in Prior Period:
		1012012		30112901	HAMPSHIRE COL		15,938.07		978.01		16,916.08
		1012012		30114802	INTER AMERICA		79,942.85		12,854.35		92,797.20
		1012012		30134402	UNIVERSITY OF		—		7,875.00		7,875.00
					TOTALS:		95,880.92		21,707.36		117,588.28
Loans Due in Current Period Not Yet Paid:
		1012012		30121201	NEWARK BETH I		50,000.00		2,900.00		52,900.00
					TOTALS:		50,000.00		2,900.00		52,900.00
					GRAND TOTAL:		211,071.23		49,489.05		260,560.28

Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid			Net System Credits			Total Bank Credits		Wires		ACH Debits and Other Wires
	1,322,966.53		54,063.70		19,844.50		—			73,908.20
	110,000.00		—		1,650.00		—			1,650.00
	60,000.00		—		900.00		—			900.00
										—
										—
													76,458.20
													—
																201,344.40
																				100,672.20
																		100,672.20
	331,624.80		11,126.61		2,487.19		—			13,613.80
													13,613.80
													—
																152,916.40
																				76,458.20
																		76,458.20
			—		—		261,000.00			261,000.00
										—
													261,000.00
													—
																27,227.60
																				13,613.80
																		13,613.80
			—		—		(261,000.00	)		(261,000.00	)
			261,000.00		3,915.00		—			264,915.00
													264,915.00
													(261,000.00	)
																261,000.00
																				2,257.05
																		258,742.95
			—		0.08		—			0.08
			—		—		(0.08	)		(0.08	)
			—		—		—			—
													0.08
													(0.08	)
																529,830.00
																				261,000.00
																				264,915.00
																				1,620.00
																		2,295.00
			54,835.52		4,237.90		—			59,073.42
										—
										—

Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid		Net System Credits		Total Bank Credits		Wires		ACH Debits and Other Wires
												59,073.42
												—
														0.16
																		0.08
																		0.08
										—
										—
										—
												—
												—
														118,146.84
																		59,073.42
																59,073.42
	1,824,591.33		381,025.83		33,034.67		(0.08	)		414,060.42		414,060.42		1,290,465.40		510,855.57		779,609.83
	65,200.60
	856,957.15
	525,000.00
	1,447,157.75
	160,000.00
	160,000.00
	3,431,749.08

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

January-12

Total System Credits @ 1/31		414,060.42
Total Bank Credits @ 1/31		1,290,465.40
12/30/2011	in transit	(100,672.20	)
1/3/2012	funds movement adjustment	(100,672.20	)
1/4/2012	funds movement adjustment	(76,458.20	)
1/6/2012	funds movement adjustment	(13,613.80	)
1/19/2012	payment reversal	(261,000.00	)
1/19/2012	funds movement adjustment	(264,915.00	)
1/20/2012	payment reversal	(0.08	)
1/20/2012	funds movement adjustment	(0.08	)
1/31/2012	funds movement adjustment	(59,073.42	)
	Direct to Lender posting
	in transit
		414,060.42
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

January-12

Total Bank Credits @ 1/31		1,290,465.40
Total Debits to Trustee @ 1/31		510,855.57
1/12/2012	Service Fee	2,257.05
1/19/2012	Inspection Fees	1,620.00
1/3/2012	funds movement adjustment	100,672.20
1/4/2012	funds movement adjustment	76,458.20
1/6/2012	funds movement adjustment	13,613.80
1/19/2012	payment reversal	261,000.00
1/19/2012	funds movement adjustment	264,915.00
1/20/2012	payment reversal	0.08
1/20/2012	funds movement adjustment	0.08
1/31/2012	funds movement adjustment	59,073.42
Adjusted Debits to Trustee		1,290,465.40
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for February 2012

Date Received	Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due
20120206	2012012	30108101	CUMBERLAND COLLEGE		—		1,920.00		1,920.00
System Credits 2/6
System Debits 2/6
Bank Credit 2/6
Bank Debit 2/6
Bank Debit 2/6 (funds movement adj)
Trustee Wire 2/6
System Credits 2/7
System Debits 2/7
Bank Credit 2/7
Bank Debit 2/7 (service fee)
Bank Debit 2/7 (funds movement adj)
Trustee Wire 2/7
			TOTALS:		—		1,920.00		1,920.00
Loans Due in Current Period and Paid in Prior Period:
	2012012	30112902	HAMPSHIRE COL		54,835.52		4,237.90		59,073.42
			TOTALS:		54,835.52		4,237.90		59,073.42
Loans Due in Current Period Not Yet Paid:
			TOTALS:		—		—		—
			GRAND TOTAL:		54,835.52		6,157.90		60,993.42

Principal Balance		Principal Paid		Interest Paid		Suspense		Total Paid		Net System Credits		Total Bank Credits		Wires		ACH Debits and Other Wires
	128,000.00		—		1,920.00		—		1,920.00
									—
											1,920.00
											—
									—
											—
											—
													3,840.00
																	1,471.79
																	1,920.00
															448.21
	128,000.00		—		1,920.00		—		1,920.00		1,920.00		3,840.00		448.21		3,391.79
	282,526.92
	282,526.92
	—
	410,526.92

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

February-12

Total System Credits @ 2/29		1,920.00
Total Bank Credits @ 2/29		3,840.00
	in transit
2/7/2012	funds movement adjustment	(1,920.00	)
	funds movement adjustment
	funds movement adjustment
	payment reversal
	funds movement adjustment
	payment reversal
	funds movement adjustment
	funds movement adjustment
	Direct to Lender posting
	in transit
		1,920.00
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

February-12

Total Bank Credits @ 2/29		3,840.00
Total Debits to Trustee @ 2/29		448.21
2/7/2012	Service Fee	1,471.79
	Inspection Fees
2/7/2012	funds movement adjustment	1,920.00
	funds movement adjustment
	funds movement adjustment
	payment reversal
	funds movement adjustment
	payment reversal
	funds movement adjustment
	funds movement adjustment
Adjusted Debits to Trustee		3,840.00
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for March 2012

Date Received	Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due
20120319	3152012		30113702	HIWASSEE COLLEGE		5,609.14		1,298.86		6,908.00
System Credits 3/19
System Debits 3/19
Bank Credit 3/19
Bank Debit 3/19
Bank Debit 3/19 (funds movement adj)
Trustee Wire 3/19
20120326	4012012		30116201	LASSEN JUNIOR COLLEGE
System Credits 3/26
System Debits 3/26
Bank Credit 3/20
Bank Debit 3/21 (service fee)
Bank Debit 3/20 (funds movement adj)
Trustee Wire 3/20
20120329	4012012		30130301	SOUTHWEST TEXAS STATE UNIVERSITY
20120329	4012012		30137802	VILLANOVA UNIVERSITY
System Credits 3/29
System Debits 3/29
Bank Credit 3/27
Bank Debit 3/27
Bank Debit 3/27 (funds movement adj)
Trustee Wire 3/27
System Credits 3/30
System Debits 3/30
Bank Credit 3/30
Bank Debit 3/30
Bank Debit 3/30 (funds movement adj)
Trustee Wire 3/30
				TOTALS:		5,609.14		1,298.86		6,908.00
Loans Due in Current Period and Paid in Prior Period:
				TOTALS:		—		—		—
Loans Due in Current Period Not Yet Paid:
				TOTALS:		—		—		—
				GRAND TOTAL:		5,609.14		1,298.86		6,908.00

Principal Balance		Principal Paid		Interest Paid		Suspense		Total Paid		Net System Credits		Total Bank Credits		Wires		ACH Debits and Other Wires
	86,590.40		5,609.14		1,298.86		—		6,908.00
									—
											6,908.00
											—
			25,000.00		3,435.00		—		28,435.00
											28,435.00
											—
													13,816.00
																	153.95
																	6,908.00
															6,754.05
			—		10,275.00		—		10,275.00
			60,000.00		8,250.00		—		68,250.00
											78,525.00
											—
													56,870.00
																	28,435.00
															28,435.00
									—
									—
											—
											—
													157,050.00
																	78,525.00
															78,525.00
	86,590.40		90,609.14		23,258.86		—		113,868.00		113,868.00		227,736.00		113,714.05		114,021.95
	—
	—
	86,590.40

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

March-12

Total System Credits @ 3/31		113,868.00
Total Bank Credits @ 3/31		227,736.00
	in transit
3/20/2012	funds movement adjustment	(6,908.00	)
3/27/2012	funds movement adjustment	(28,435.00	)
3/30/2012	funds movement adjustment	(78,525.00	)
	payment reversal
	funds movement adjustment
	payment reversal
	funds movement adjustment
	funds movement adjustment
	Direct to Lender posting
	in transit
		113,868.00
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

March-12

Total Bank Credits @ 3/31		227,736.00
Total Debits to Trustee @ 3/31		113,714.05
3/21/2012	Service Fee	153.95
	Inspection Fees
3/20/2012	funds movement adjustment	6,908.00
3/27/2012	funds movement adjustment	28,435.00
3/30/2012	funds movement adjustment	78,525.00
	payment reversal
	funds movement adjustment
	payment reversal
	funds movement adjustment
	funds movement adjustment
Adjusted Debits to Trustee		227,736.00
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for April 2012

Date Received	Date Due	Loan Number	Borrower Name	Principal Due		Interest Due
20120402	0	30101701	AZUSA PACIFIC UNIVERSITY
20120402	4012012	30106904	COLLEGE OF SANTA FE		—		3,705.00
20120402	0	30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)
20120402	4012012	30109604	DRURY COLLEGE		11,000.00		1,065.00
20120402	4012012	30110101	ELIZABETH CITY STATE UNIVERSITY		—		2,250.00
20120402	4012012	30112002	GEORGE FOX COLLEGE		11,210.06		2,403.74
20120402	4012012	30117801	MARIAN COLLEGE OF FOND DU LAC		—		2,775.00
20120402	4012012	30119001	SLOAN-MEMORIAL KETTERING CANCER CENTER		59,000.00		995.63
20120402	4012012	30121101	NEW ENGLAND COLLEGE		10,000.00		825.00
20120402	4012012	30133201	UNIV STUDENT COOP HOUSING		85,000.00		11,100.00
20120402	4012012	30136801	UNIVERSITY OF ST THOMAS		—		4,575.00
System Credits 04/01
System Debits 04/01
Bank Credit 04/01
Bank Debit 04/01
Bank Debit 04/01 (funds movement adj)
Trustee Wire 04/01
20120403	4012012	30130903	STEPHEN F AUSTIN STATE UNIVERSITY		—		2,986.88
20120403	4012012	30132904	TUFTS UNIVERSITY		—		18,480.00
System Credits 4/03
System Debits 04/03
Bank Credit 04/03
Bank Debit 04/03 (service fee)
Bank Debit 04/03 (funds movement adj)
Trustee Wire 04/03
20120404	0	30101701	AZUSA PACIFIC UNIVERSITY
20120404	4012012	30101701	AZUSA PACIFIC UNIVERSITY		16,000.00		1,218.75
20120404	0	30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)
20120404	4012012	30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)		40,000.00		3,225.00
System Credits 04/04
System Debits 04/04
Bank Credit 04/04
Bank Debit 04/04
Bank Debit 04/04 (funds movement adj)
Trustee Wire 04/04
20120409	1012012	30121201	NEWARK BETH ISRAEL MEDICAL CENTER
System Credits 4/09
System Debits 04/09
Bank Credit 04/05
Bank Debit 04/05 (funds movement adj)
Bank Debit 04/05 (payment reversal)
Trustee Wire 04/05

Date Received	Date Due	Loan Number	Borrower Name	Principal Due		Interest Due
20120417	5012012	30120402	MORAVIAN COLLEGE
20120417	0	30123401	PAINE COLLEGE
System Credits 04/17
System Debits 04/17
Bank Credit 04/17
Bank Debit 04/10 (payment reversal)
Bank Debit 04/10 (funds movement adj)
Bank Debit 04/10 (Funds Withheld for payment reversal)
Trustee Wire 04/10
20120423	5012012	30104605	CARNEGIE MELLON
20120423	4012012	30130903	STEPHEN F AUSTIN STATE UNIVERSITY
System Credits 4/23
System Debits 4/23
Bank Credit 4/18
Bank Debit 04/18 (payment reversal)
Bank Debit 4/18 (funds movement adj)
Trustee Wire 04/18
System Credits 04/24
System Debits 04/23
Bank Credit 04/24
Bank Debit 04/24(Service fee)
Bank Debit 04/24 (funds movement adj)
Trustee Wire 04/24
			TOTALS:		232,210.06		55,605.00
Loans Due in Current Period and Paid in Prior Period:
	4012012	30116201	LASSEN JUNIOR		25,000.00		3,435.00
	4012012	30130301	SOUTHWEST TEX		—		10,275.00
	4012012	30137802	VILLANOVA UNI		60,000.00		8,250.00
			TOTALS:		85,000.00		21,960.00
Loans Due in Current Period Not Yet Paid:
	4012012	30109801	DYOUVILLE COL		62,000.00		6,968.03
	4012012	30113601	HINDS JUNIOR		180,000.00		3,135.00
	4012012	30123401	PAINE COLLEGE		—		4,800.00
	4012012	30132003	TAYLOR UNIVER		—		1,965.00
	4012012	30132402	TEXAS SOUTHER		45,000.00		1,575.00
			TOTALS:		287,000.00		18,443.03
			GRAND TOTAL:		604,210.06		96,008.03

Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid			Net System Credits			Total Bank Credits		Wires		ACH Debits and Other Wires
					—		—		49,620.00			49,620.00
	3,705.00		247,000.00		—		3,705.00		—			3,705.00
					—		—		43,225.00			43,225.00
	12,065.00		71,000.00		11,000.00		1,065.00		—			12,065.00
	2,250.00		150,000.00		—		2,250.00		—			2,250.00
	13,613.80		320,498.19		11,210.06		2,403.74		—			13,613.80
	2,775.00		185,000.00		—		2,775.00		—			2,775.00
	59,995.63		59,000.00		59,000.00		995.63		—			59,995.63
	10,825.00		55,000.00		10,000.00		825.00		—			10,825.00
	96,100.00		740,000.00		85,000.00		11,100.00		—			96,100.00
	4,575.00		305,000.00		—		4,575.00		—			4,575.00
									—			—
															298,749.43
															—
	2,986.88		177,000.00		—		2,986.87		—			2,986.87
	18,480.00		1,232,000.00		—		18,480.00		—			18,480.00
									—			—
															21,466.87
															—
																		504,653.86
																						205,904.43
																				298,749.43
					—		—		(49,620.00	)		(49,620.00	)
	17,218.75		65,000.00		16,000.00		1,218.75		—			17,218.75
					—		—		(43,225.00	)		(43,225.00	)
	43,225.00		215,000.00		40,000.00		3,225.00		—			43,225.00
									—			—
															60,443.75
															(92,845.00	)
																		42,933.74
																						21,466.87
																				21,466.87
					49,970.00		2,900.00		—			52,870.00
												—
															52,870.00
															—
																		153,288.75
																						60,443.75
																						92,845.00

Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense		Total Paid		Net System Credits		Total Bank Credits		Wires		ACH Debits and Other Wires
					—		337.50		—		337.50
					—		—		3,456.00		3,456.00
											—
													3,793.50
															105,740.00
																			52,870.00
																			32,401.25
																	20,468.75
					30,000.00		5,850.00		—		35,850.00
					—		0.01		—		0.01
											—
											—
													35,850.01
													—
															4,131.00
																			337.50
																	3,793.50
											—
											—
											—
													—
													—
															71,700.02
																			32.47
																			35,850.01
																	35,817.54
	287,815.06		3,821,498.19		312,180.06		64,692.50		3,456.00		380,328.56		380,328.56		882,447.37		380,296.09		502,151.28
	28,435.00		229,000.00
	10,275.00		685,000.00
	68,250.00		550,000.00
	106,960.00		1,464,000.00
	68,968.03		464,535.00
	183,135.00		209,000.00
	4,800.00		319,999.99
	1,965.00		131,000.00
	46,575.00		90,000.00
	305,443.03		1,214,534.99
	700,218.09		6,500,033.18

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

April-12

Total System Credits @ 4/30		380,328.56
Total Bank Credits @ 4/30		882,447.37
	in transit
4/3/2012	funds movement adjustment	(205,904.43	)
4/4/2012	funds movement adjustment	(21,466.87	)
4/5/2012	funds movement adjustment	(60,443.75	)
4/5/2012	payment reversal	(92,845.00	)
4/10/2012	funds movement adjustment	(52,870.00	)
4/10/2012	Funds Withheld for payment reversal	(32,401.25	)
4/18/2012	funds movement adjustment	(337.50	)
4/24/2012	funds movement adjustment	(35,850.01	)
	Direct to Lender posting
	in transit
		380,328.56
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

April-12

Total Bank Credits @4/30		882,447.37
Total Debits to Trustee @ 4/30		380,296.09
3/21/2012	Service Fee	32.47
	Inspection Fees
4/3/2012	funds movement adjustment	205,904.43
4/4/2012	funds movement adjustment	21,466.87
4/5/2012	funds movement adjustment	60,443.75
4/5/2012	payment reversal	92,845.00
4/10/2012	funds movement adjustment	52,870.00
4/10/2012	Funds Withheld as there was a payment reversal	32,401.25
4/18/2012	funds movement adjustment	337.50
4/24/2012	funds movement adjustment	35,850.01
Adjusted Debits to Trustee		882,447.37
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for May 2012

Date Received	Date Due	Loan Number	Borrower Name	Principal Due		Interest Due
20120501	5012012	30100103	ALABAMA AGRICULTURAL		110,000.00		11,850.00
20120501	5012012	30102604	BENEDICT COLLEGE		—		13,575.00
20120501	5012012	30104102	CALIFORNIA STATE UNIVERSITY,		—		3,075.00
20120501	5012012	30104201	TRUST SERVICES DIVISION		—		18,270.00
20120501	5012012	30109502	DREXEL UNIVERSITY		100,000.00		4,725.00
20120501	5012012	30110401	EMMANUEL COLLEGE		—		420.00
20120501	5012012	30110802	FAIRLEIGH DICKINSON UNIV		—		9,750.00
20120501	5012012	30112301	GEORGETOWN UNIVERSITY		—		21,255.00
20120501	5012012	30112302	GEORGETOWN UNIVERSITY		—		75,300.00
20120501	5012012	30117402	LYCOMING COLLEGE		19,000.00		1,069.37
20120501	0	30117402	LYCOMING COLLEGE
20120501	5012012	30117403	LYCOMING COLLEGE		25,000.00		1,875.00
20120501	5012012	30117501	LYNCHBURG COLLEGE		40,000.00		2,587.50
20120501	5012012	30117502	LYNCHBURG COLLEGE		40,000.00		4,125.00
20120501	5012012	30118302	MARY BALDWIN COLLEGE		—		—
20120501	0	30118302	MARY BALDWIN COLLEGE		23,000.00		388.13
20120501	5012012	30118401	MARYMOUNT UNIVERSITY		40,000.00		3,225.00
20120501	5012012	30119202	MERCER UNIV. ACCOUNTING OFFICE		18,833.80		1,455.55
20120501	0	30119202	MERCER UNIV. ACCOUNTING OFFICE
20120501	5012012	30119801	MILLSAPS COLLEGE		—		4,620.00
20120501	0	30122302	NORTHEASTERN UNIVERSITY
20120501	0	30125506	RIDER COLLEGE
20120501	5012012	30127602	SAINT MICHAELS COLLEGE		83,073.76		3,786.24
20120501	5012012	30128001	SAINT VINCENT COLLEGE		55,000.00		1,925.00
20120501	5012012	30130703	SPRINGFIELD COLLEGE		45,000.00		927.50
20120501	5012012	30138702	WESLEY COLLEGE		21,000.00		388.13
20120501	5012012	30140502	WITTENBERG UNIVERSITY		55,000.00		3,450.00
20120501	5012012	30140503	WITTENBERG UNIVERSITY		—		1,380.00
System Credits 05/01
System Debits 05/01
Bank Credit 05/01
Bank Debit 05/01
Bank Debit 05/01 (funds movement adj)
Trustee Wire 05/01
20120503	0	30122302	NORTHEASTERN UNIVERSITY
20120503	0	30122302	NORTHEASTERN UNIVERSITY
20120503	0	30125506	RIDER COLLEGE
20120503	5012012	30128802	SETON HILL COLLEGE		—		1,468.13
System Credits 05/03
System Debits 05/03
Bank Credit 05/02
Bank Debit 05/02 (Inspection fee)
Bank Debit 05/02 (funds movement adj)
Trustee Wire 05/02
20120504	5012012	30102802	BETHANY COLLEGE - DORM BOND		—		185.63
20120504	5012012	30102803	BETHANY COLLEGE - HALL BOND 1967		—		1,650.00
20120504	5012012	30102804	BETHANY COLLEGE - NOTE OF 1973		25,000.00		750.00
20120504	0	30125506	RIDER COLLEGE
20120504	5012012	30127801	SAINT PAULS COLLEGE		18,530.53		1,731.56
20120504	0	30127801	SAINT PAULS COLLEGE

Date Received	Date Due	Loan Number	Borrower Name	Principal Due		Interest Due
System Credits 05/04
System Debits 05/04
Bank Credit 05/04
Bank Debit 05/04
Bank Debit 05/04 (funds movement adj)
Trustee Wire 05/04
20120507	5012012	30120601	MORGAN STATE UNIVERSTIY		84,818.44		7,925.72
20120507	0	30125504	RIDER COLLEGE
20120507	0	30125506	RIDER COLLEGE
System Credits 5/07
System Debits 05/07
Bank Credit 05/07
Bank Debit 05/07 (funds movement adj)
Bank Debit 05/07 (payment reversal)
Trustee Wire 05/07
20120508	5012012	30118302	MARY BALDWIN COLLEGE		—		—
20120508	0	30125504	RIDER COLLEGE
20120508	0	30125506	RIDER COLLEGE
System Credits 05/08
System Debits 05/08
Bank Credit 05/08
Bank Debit 05/08 (payment reversal)
Bank Debit 05/08 (funds movement adj)
Trustee Wire 05/08
20120510	0	30125506	RIDER COLLEGE
20120510	0	30125506	RIDER COLLEGE
20120510	5012012	30125506	RIDER COLLEGE		25,000.00		2,580.00
System Credits 05/10
System Debits 05/10
Bank Credit 05/09
Bank Debit 05/09 (payment reversal)
Bank Debit 05/09 (funds movement adj)
Trustee Wire 05/09
20120518	11012012	30119202	MERCER UNIV. ACCOUNTING OFFICE
20120518	0	30119202	MERCER UNIV. ACCOUNTING OFFICE
20120518	0	30119202	MERCER UNIV. ACCOUNTING OFFICE
System Credits 05/18
System Debits 05/18
Bank Credit 05/11
Bank Debit 05/11 (payment reversal)
Bank Debit 05/11 (funds movement adj)
Trustee Wire 05/11
20120521	11012012	30117402	LYCOMING COLLEGE
20120521	0	30117402	LYCOMING COLLEGE
20120521	0	30117402	LYCOMING COLLEGE
System Credits 05/21
System Debits 05/21
Bank Credit 05/21
Bank Debit 05/21 (payment reversal)
Bank Debit 05/21 (funds movement adj)
Trustee Wire 05/21
20120523	6012012	30105701	CHAMPLAIN COLLEGE, INC.

Date Received	Date Due	Loan Number	Borrower Name	Principal Due		Interest Due
20120523	6012012	30105701	CHAMPLAIN COLLEGE, INC.
System Credits 05/22
System Debits 05/22
Bank Credit 05/22
Bank Debit 05/22 (payment reversal)
Bank Debit 05/22 (funds movement adj)
Trustee Wire 05/22
20120529	5012012	30114001	HOOD COLLEGE		—		1,123.75
System Credits 05/29
System Debits 05/29
Bank Credit 05/24
Bank Debit 05/24 (service fees)
Bank Debit 05/24 (funds movement adj)
Trustee Wire 05/24
System Credits 05/30
System Debits 05/30
Bank Credit 05/30
Bank Debit 05/30
Bank Debit 05/30 (funds movement adj)
Trustee Wire 05/30
			TOTALS:		828,256.53		206,837.21
Loans Due in Current Period and Paid in Prior Period:
	5012012	30104605	CARNEGIE-MELL		30,000.00		5,850.00
	5012012	30120402	MORAVIAN COLL		—		337.50
			TOTALS:		30,000.00		6,187.50
Loans Due in Current Period Not Yet Paid:
	5012012	30122302	NORTHEASTERN		88,335.36		18,864.21
	5012012	30125504	RIDER COLLEGE		—		5,618.75
	5012012	30128001	ST VINCENT CO		55,000.00		1,925.00
			TOTALS:		143,335.36		26,407.96
			GRAND TOTAL:		1,001,591.89		239,432.67

Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid			Net System Credits
	121,850.00		790,000.00		110,000.00		11,850.00		—			121,850.00
	13,575.00		905,000.00		—		13,575.00		—			13,575.00
	3,075.00		205,000.00		—		3,075.00		—			3,075.00
	18,270.00		1,218,000.00		—		18,270.00		—			18,270.00
	104,725.00		270,000.00		100,000.00		4,725.00		—			104,725.00
	420.00		28,000.00		—		420.00		—			420.00
	9,750.00		650,000.00		—		9,750.00		—			9,750.00
	21,255.00		1,417,000.00		—		21,255.00		—			21,255.00
	75,300.00		3,765,000.00		—		75,300.00		—			75,300.00
	20,069.37		59,000.00		19,000.00		1,069.37		—			20,069.37
					—		—		0.01			0.01
	26,875.00		99,999.99		25,000.00		1,875.00		—			26,875.00
	42,587.50		138,000.00		40,000.00		2,587.50		—			42,587.50
	44,125.00		275,000.00		40,000.00		4,125.00		—			44,125.00
	—		—		—		—		—			—
	23,388.13		23,000.00		23,000.00		388.13		—			23,388.13
	43,225.00		215,000.00		40,000.00		3,225.00		—			43,225.00
	20,289.35		97,036.64		18,833.80		1,455.55		—			20,289.35
					—		—		0.01			0.01
	4,620.00		308,000.00		—		4,620.00		—			4,620.00
					—		—		18,864.22			18,864.22
					—		—		405.00			405.00
	86,860.00		252,416.18		83,073.76		3,786.24		—			86,860.00
	56,925.00		110,000.00		55,000.00		1,925.00		—			56,925.00
	45,927.50		53,000.00		45,000.00		927.50		—			45,927.50
	21,388.13		23,000.00		21,000.00		388.13		—			21,388.13
	58,450.00		230,000.00		55,000.00		3,450.00		—			58,450.00
	1,380.00		92,000.00		—		1,380.00		—			1,380.00
															883,599.22
															—
					—		—		(18,864.22	)		(18,864.22	)
					1,257,614.32		18,864.39		—			1,276,478.71
					—		—		2,900.00			2,900.00
	1,468.13		81,000.00		—		1,468.13		—			1,468.13
									—			—
															1,280,846.84
															(18,864.22	)
	185.63		11,000.00		—		185.63		—			185.63
	1,650.00		110,000.00		—		1,650.00		—			1,650.00
	25,750.00		50,000.00		25,000.00		750.00		—			25,750.00
					—		—		25,000.00			25,000.00
	20,262.09		115,437.13		18,530.53		1,731.56		—			20,262.09
					—		—		60,911.66			60,911.66

Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid			Net System Credits			Total Bank Credits		Wires		ACH Debits and Other Wires
															133,759.38
																		2,558,793.68
																						1,296,811.06
																				1,261,982.62
	92,744.16		528,380.65		84,818.44		7,925.72		—			92,744.16
					—		—		2,900.00			2,900.00
					—		—		(2,900.00	)		(2,900.00	)
												—
															95,644.16
															(2,900.00	)
																		181,607.10
																						47,847.72
																				133,759.38
	—		—		—		—		—			—
					—		—		2,718.75			2,718.75
					—		—		2,175.00			2,175.00
															4,893.75
																		188,388.32
																						2,900.00
																						92,744.16
																				92,744.16
					—		—		—			—
					—		—		(27,580.00	)		(27,580.00	)
	27,580.00		172,000.00		25,000.00		2,580.00		—			27,580.00
												—
															27,580.00
															(27,580.00	)
																		4,893.75
																				4,893.75
					—		0.01		—			0.01
					—		—		(0.01	)		(0.01	)
					—		—		—			—
															0.01
															(0.01	)
																		55,160.00
																						27,580.00
																						27,580.00
					—		0.01		—			0.01
					—		—		(0.01	)		(0.01	)
					—		—		—			—
															0.01
															(0.01	)
																		0.02
																						0.01
																						0.01
					—		—		—			—

Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense		Total Paid		Net System Credits		Total Bank Credits		Wires		ACH Debits and Other Wires
					6,360.62		390.31		—		6,750.93
											—
											—
											—
													6,750.93
													—
															0.02
																			0.01
																			0.01
	1,123.75		62,000.00		—		1,123.75		—		1,123.75
											—
											—
											—
													1,123.75
													—
															13,501.86
																			1,493.11
																			6,750.93
																	5,257.82
											—
													—
													—
															2,247.50
																			1,123.75
																	1,123.75
											—
											—
	1,035,093.74		12,353,270.59		2,092,231.47		226,091.93		66,530.41		2,384,853.81		2,384,853.81		4,752,521.45		2,382,955.70		2,369,565.75
	35,850.00		390,000.00
	337.50		20,000.00
	36,187.50		410,000.00
	107,199.57		1,257,614.32
	5,618.75		310,000.00
	56,925.00		110,000.00
	169,743.32		1,677,614.32
	1,241,024.56		14,440,884.91

Total Bank Credits		Wires		ACH Debits and Other Wires
	1,747,929.20
					405.00
					864,329.98
			883,194.22

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

May-12

Total System Credits @ 5/31		2,384,853.81
Total Bank Credits @ 5/31		4,752,521.45
	in transit
5/2/2012	funds movement adjustment	(864,329.98	)
5/4/2012	funds movement adjustment	(1,296,811.06	)
5/7/2012	funds movement adjustment	(47,847.72	)
5/8/2012	funds movement adjustment	(92,744.16	)
5/8/2012	payment reversal	(2,900.00	)
5/11/2012	funds movement adjustment	(27,580.00	)
5/11/2012	payment reversal	(27,580.00	)
5/21/2012	funds movement adjustment	(0.01	)
5/21/2012	payment reversal	(0.01	)
5/22/2012	funds movement adjustment	(0.01	)
5/22/2012	payment reversal	(0.01	)
5/24/2012	funds movement adjustment	(6,750.93	)
5/30/2012	funds movement adjustment	(1,123.75	)
	Direct to Lender posting
	in transit
		2,384,853.81
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

May-12

Total Bank Credits @5/31		4,752,521.45
Total Debits to Trustee @ 5/31		2,382,955.70
5/2/2012	Inspection Fees	405.00
5/24/2012	Service Fee	1,493.11
5/2/2012	funds movement adjustment	864,329.98
5/4/2012	funds movement adjustment	1,296,811.06
5/7/2012	funds movement adjustment	47,847.72
5/8/2012	funds movement adjustment	92,744.16
5/8/2012	payment reversal	2,900.00
5/11/2012	funds movement adjustment	27,580.00
5/11/2012	payment reversal	27,580.00
5/21/2012	funds movement adjustment	0.01
5/21/2012	payment reversal	0.01
5/22/2012	funds movement adjustment	0.01
5/22/2012	payment reversal	0.01
5/24/2012	funds movement adjustment	6,750.93
5/30/2012	funds movement adjustment	1,123.75
Adjusted Debits to Trustee		4,752,521.45
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for June 2012

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		Wires		ACH Debits and Other Wires
20120601	6012012	30101601	AUBURN UNIVERSITY		—		13,650.00		13,650.00		910,000.00		—		13,650.00		—		13,650.00
20120601	6012012	30121501	NORFOLK STATE UNIVERSITY		64,726.17		22,450.61		87,176.78		1,496,707.01		64,726.17		22,450.53		—		87,176.70
20120601	0	30121501	NORFOLK STATE UNIVERSITY										—		—		0.08		0.08
20120601	6012012	30137901	VINCENNES UNIVERSITY		160,000.00		33,300.00		193,300.00		2,220,000.00		160,000.00		33,300.00		—		193,300.00
System Credits 6/1																					294,126.78
System Debits 6/1																					—
Bank Credit 6/1
Bank Debit 6/1
Bank Debit 6/1 (funds movement adj)
Trustee Wire 6/1
20120604	6012012	30119903	MISSISSIPPI STATE UNIVERSITY		—		11,400.00		11,400.00		760,000.00		—		11,400.00		—		11,400.00
20120604	0	30127801	SAINT PAULS COLLEGE										—		—		36,489.47		36,489.47
System Credits 6/4																					47,889.47
System Debits 6/4																					—
Bank Credit 6/4																							588,253.48
Bank Debit 6/4
Bank Debit 6/4 (funds movement adj)																											294,126.70
Trustee Wire 6/4																									294,126.78
20120606	0	30117002	LONG ISLAND UNIVERSITY										—		—		47,446.88		47,446.88
																			—
System Credits 6/6																					47,446.88
System Debits 6/6																					—
Bank Credit 6/5																							59,289.47
Bank Debit 6/5
Bank Debit 6/5 (funds movement adj)																											11,400.00
Trustee Wire 6/5																									47,889.47
20120611	6012012	30127402	ST MARY’S SCHOOL		11,000.00		2,955.00		13,955.00		197,000.00		11,000.00		2,955.00		—		13,955.00
																			—
System Credits 6/11																					13,955.00
System Debits 6/11																					—
Bank Credit 6/7																							47,446.88
Bank Debit 6/7
Trustee Wire 6/7																									47,446.88
20120622	7012012	30112901	HAMPSHIRE COLLEGE										16,177.14		738.94		—		16,916.08
																			—
System Credits 6/22																					16,916.08
System Debits 6/22																					—
Bank Credit 6/12																							27,910.00
Bank Debit 6/12
Bank Debit 6/12 (funds movement adj)																											13,955.00
Trustee Wire 6/12																									13,955.00
20120629	7012012	30123701	UNIVERSITY OF THE ARTS										54,874.66		19,033.54		—		73,908.20
20120629	7012012	30134402	UNIVERSITY OF FLORIDA / REV. CERTS.,84										170,000.00		7,875.00		—		177,875.00
System Credits 6/29																					251,783.20
System Debits 6/29																					—
Bank Credit 6/25																							33,832.16
Bank Debit 6/25
Bank Debit 6/25 (funds movement adj)																											16,916.08
Trustee Wire 6/25																									16,916.08
																			—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for June 2012

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		Wires		ACH Debits and Other Wires
			TOTALS:		235,726.17		83,755.61		319,481.78		5,583,707.01		476,777.97		111,403.01		83,936.43		672,117.41		672,117.41		756,731.99		420,334.21		336,397.78
Loans Due in Current Period and Paid in Prior Period:
	6012012	30105701	CHAMPLAIN COL		6,360.62		390.31		6,750.93		26,020.91
			TOTALS:		6,360.62		390.31		6,750.93		26,020.91
Loans Due in Current Period Not Yet Paid:
	6012012	30117002	LONG ISLAND U		45,000.00		2,446.88		47,446.88		135,000.00
			TOTALS:		45,000.00		2,446.88		47,446.88		135,000.00
			GRAND TOTAL:		287,086.79		86,592.80		373,679.59		5,744,727.92

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

June-12

Total System Credits @ 6/30		672,117.41
Total Bank Credits @ 6/30		756,731.99
	in transit
6/4/2012	funds movement adjustment	(294,126.70	)
6/5/2012	funds movement adjustment	(11,400.00	)
6/12/2012	funds movement adjustment	(13,955.00	)
6/25/2012	funds movement adjustment	(16,916.08	)
	payment reversal
	funds movement adjustment
	payment reversal
	funds movement adjustment
	payment reversal
	funds movement adjustment
	payment reversal
	funds movement adjustment
	funds movement adjustment
	Direct to Lender posting
6/29/2012	in transit	251,783.20
		672,117.41
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

June-12

Total Bank Credits @ 6/30		756,731.99
Total Debits to Trustee @ 6/30		420,334.21
	Inspection Fees
	Service Fee
6/4/2012	funds movement adjustment	294,126.70
6/5/2012	funds movement adjustment	11,400.00
6/12/2012	funds movement adjustment	13,955.00
6/25/2012	funds movement adjustment	16,916.08
	payment reversal
	funds movement adjustment
	payment reversal
	funds movement adjustment
	payment reversal
	funds movement adjustment
	payment reversal
	funds movement adjustment
	funds movement adjustment
Adjusted Debits to Trustee		756,731.99
		—

Berkadia Commercial Mortgage
College and University Loan Trust II
Remittance Report for July 2012	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		Wires		ACH Debits and Other Wires
20120702	7012012	30112002	GEORGE FOX COLLEGE		11,294.14		2,319.66		13,613.80		309,288.13		11,294.14		2,319.66		—			13,613.80
20120702	7012012	30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		81,141.99		11,655.21		92,797.20		777,014.30		81,141.99		11,655.21		—			92,797.20
20120702	7012012	30129101	SIMPSON COLLEGE - BOND 1966		20,000.00		1,650.00		21,650.00		110,000.00		20,000.00		1,650.00		—			21,650.00
20120702	0	30137702	VERMONT STATE COLLEGE		19,000.00		900.00		19,900.00		60,000.00		60,000.00		905.00		—			60,905.00
System Credits 7/2																							188,966.00
System Debits 7/2																							—
Bank Credit 7/2																										503,566.40
Bank Debit 7/2
Bank Debit 7/2 (funds movement adj)																														251,783.20
Trustee Wire 7/2																												251,783.20
20120706	0	30108101	CUMBERLAND COLLEGE										—		—		66,741.97			66,741.97
																				—
System Credits 7/6																							66,741.97
System Debits 7/6																							—
Bank Credit 7/3																										377,932.00
Bank Debit 7/3
Bank Debit 7/3 (funds movement adj)																														188,966.00
Trustee Wire 7/3																												188,966.00
20120710	0	30108101	CUMBERLAND COLLEGE										—		—		63,188.03			63,188.03
																				—
System Credits 7/10																							63,188.03
System Debits 7/10																							—
Bank Credit 7/9																										66,741.97
Bank Debit 7/10 (service fees)																														2,616.52
Bank Debit 7/9 (funds movement adj)
Trustee Wire 7/9																												64,125.45
20120713	0	30127801	SAINT PAULS COLLEGE										—		—		—			—
20120713	0	30127801	SAINT PAULS COLLEGE										—		—		(97,401.13	)		(97,401.13	)
20120713	7122012	30127801	SAINT PAULS COLLEGE										—		—		—			—
20120713	0	30127801	SAINT PAULS COLLEGE										96,906.60		484.53		—			97,391.13
System Credits 7/13																							97,391.13
System Debits 7/13																							(97,401.13	)
Bank Credit 7/11																										63,188.03
Bank Debit 7/11 (service fees)																														2,616.52
Bank Debit 7/11 (funds movement adj)
Trustee Wire 7/12																												60,571.51
20120716	1012012	30121201	NEWARK BETH ISRAEL MEDICAL CENTER		—		1,993.75		1,993.75		110,000.00		30.00		—		—			30.00
																				—
System Credits 7/16																							30.00
System Debits 7/16																							—
Bank Credit 7/16 (overdraft funding)																										10.00
Bank Credit 7/16																										194,782.26
Bank Debit 7/16 (payment reversal)																														97,401.13
Bank Debit 7/16 (funds movement adj)																														97,391.13
Trustee Wire 7/16																												—
20120723	0	30108101	CUMBERLAND COLLEGE										—		—		—			—
20120723	0	30108101	CUMBERLAND COLLEGE										—		—		(129,930.00	)		(129,930.00	)
20120723	7232012	30108101	CUMBERLAND COLLEGE										—		—		—			—
20120723	0	30108101	CUMBERLAND COLLEGE										128,000.00		1,920.00		—			129,920.00
20120723	7012012	30121201	NEWARK BETH ISRAEL MEDICAL CENTER										—		1,963.75		—			1,963.75
System Credits 7/23																							131,883.75
System Debits 7/23																							(129,930.00	)
Bank Credit 7/17																										60.00
Bank Debit 7/20 (overdraft funding return)																														10.00

Berkadia Commercial Mortgage
College and University Loan Trust II
Remittance Report for July 2012	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		Wires		ACH Debits and Other Wires
Bank Debit 7/17 (funds movement adj)																												30.00
Trustee Wire 7/17																										20.00
20120726	8012012	30112902	HAMPSHIRE COLLEGE										55,658.05		3,415.37		—			59,073.42
																				—
																				—
System Credits 7/26																						59,073.42
System Debits 7/26																						—
Bank Credit 7/24																								263,767.50
Bank Debit 7/24 (payment reversal)																												129,930.00
Bank Debit 7/24 (funds movement adj)																												131,883.75
Trustee Wire 7/24																										1,953.75
																				—
																				—
																				—
System Credits 7/27																						—
System Debits 7/27																						—
Bank Credit 7/27																								118,146.84
Bank Debit 7/27
Bank Debit 7/27 (funds movement adj)																												59,073.42
Trustee Wire 7/27																										59,073.42
																				—
																				—
			TOTALS:		131,436.13		18,518.62		149,954.75		1,366,302.43		453,030.78		24,313.52		(97,401.13	)		379,943.17		379,943.17		1,588,195.00		626,493.33		961,701.67
Loans Due in Current Period and Paid in Prior Period:
	7012012	30112901	HAMPSHIRE COL		16,177.14		738.94		16,916.08		49,262.53
	7012012	30123701	PHILADELPHIA		54,874.66		19,033.54		73,908.20		1,268,902.83
	7012012	30134402	UNIVERSITY OF		170,000.00		7,875.00		177,875.00		525,000.00
			TOTALS:		241,051.80		27,647.48		268,699.28		1,843,165.36
Loans Due in Current Period Not Yet Paid:
			TOTALS:		—		—		—		—
			GRAND TOTAL:		372,487.93		46,166.10		418,654.03		3,209,467.79

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

July-12

Total System Credits @ 7/31		379,943.17
Total Bank Credits @ 7/31		1,588,195.00
6/29/2012	in transit	(251,783.20	)
7/2/2012	funds movement adjustment	(251,783.20	)
7/3/2012	funds movement adjustment	(188,966.00	)
7/16/2012	funds movement adjustment	(97,401.13	)
7/16/2012	payment reversal	(97,391.13	)
7/20/2012	overdraft funding return	(10.00	)
7/17/2012	funds movement adjustment	(30.00	)
7/14/2012	payment reversal	(129,930.00	)
7/24/2012	funds movement adjustment	(131,883.75	)
7/27/2012	funds movement adjustment	(59,073.42	)
	Direct to Lender posting
	in transit
		379,943.17
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

July-12

Total Bank Credits @ 7/31		1,588,195.00
Total Debits to Trustee @ 7/31		626,493.33
	Inspection Fees
7/10/2012	Service Fee	2,616.52
7/11/2012	Service Fee	2,616.52
7/2/2012	funds movement adjustment	251,783.20
7/3/2012	funds movement adjustment	188,966.00
7/16/2012	funds movement adjustment	97,401.13
7/16/2012	payment reversal	97,391.13
7/20/2012	overdraft funding return	10.00
7/17/2012	funds movement adjustment	30.00
7/14/2012	payment reversal	129,930.00
7/24/2012	funds movement adjustment	131,883.75
7/27/2012	funds movement adjustment	59,073.42
Adjusted Debits to Trustee		1,588,195.00
		—

Berkadia Commercial Mortgage
College and University Loan Trust II
Remittance Report for August 2012	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		Wires		ACH Debits and Other Wires
																			—
no transactions for August 2012																			—
																			—
																			—
System Credits 8/1																					—
System Debits 8/1																					—
Bank Credit 8/1
Bank Debit 8/1
Bank Debit 8/1 (funds movement adj)
Trustee Wire 8/1
			TOTALS:		—		—		—		—		—		—		—		—		—		—		—		—
Loans Due in Current Period and Paid in Prior Period:
	8012012	30112902	HAMPSHIRE COL		55,658.05		3,415.37		59,073.42		227,691.40
			TOTALS:		55,658.05		3,415.37		59,073.42		227,691.40
Loans Due in Current Period Not Yet Paid:
			TOTALS:		—		—		—		—
			GRAND TOTAL:		55,658.05		3,415.37		59,073.42		227,691.40

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

August-12

Total System Credits @ 8/31		—
Total Bank Credits @ 8/31		—
	in transit
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	payment reversal
	overdraft funding return
	funds movement adjustment
	payment reversal
	funds movement adjustment
	funds movement adjustment
	Direct to Lender posting
	in transit
		—
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

August-12

Total Bank Credits @ 8/31		—
Total Debits to Trustee @ 8/31		—
	Inspection Fees
	Service Fee
	Service Fee
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	payment reversal
	overdraft funding return
	funds movement adjustment
	payment reversal
	funds movement adjustment
	funds movement adjustment
Adjusted Debits to Trustee		—
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for August 2012

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due		Total Due
20120926		10012012		30137802	VILLANOVA UNIVERSITY
System Credits 9/26
System Debits 9/26
Bank Credit 9/4
Bank Debit 9/4
Bank Debit 9/4 (funds movement adj)
Trustee Wire 9/4
20120927		10012012		30116201	LASSEN JUNIOR COLLEGE
20120927		10012012		30130301	SOUTHWEST TEXAS STATE UNIVERSITY
System Credits 9/27
System Debits 9/27
Bank Credit 9/27
Bank Debit 9/27 (service & inspection fees)
Bank Debit 9/27 (funds movement adj)
Trustee Wire 9/27
20120928		0		30132904	TUFTS UNIVERSITY
20120928		0		30132904	TUFTS UNIVERSITY
System Credits 9/28
System Debits 9/28
Bank Credit 9/28
Bank Debit 9/28
Bank Debit 9/28 (funds movement adj)
Trustee Wire 9/28
					TOTALS:		—		—		—
Loans Due in Current Period and Paid in Prior Period:
					TOTALS:		—		—		—
Loans Due in Current Period Not Yet Paid:
		9152012		30113702	HIWASSEE COLL		5,693.28		1,214.72		6,908.00
					TOTALS:		5,693.28		1,214.72		6,908.00
					GRAND TOTAL:		5,693.28		1,214.72		6,908.00

		DTL
Principal Balance		Principal Paid		Interest Paid		Suspense		Total Paid		Net System Credits		Total Bank Credits		Wires		ACH Debits and Other Wires
			—		7,350.00		—		7,350.00
									—
									—
									—
											7,350.00
											—
			—		3,060.00		—		3,060.00
			165,000.00		10,275.00		—		175,275.00
											178,335.00
											—
													14,700.00
																	4,173.78
																	7,350.00
															3,176.22
			—		12,320.00		—		12,320.00
			1,232,000.00		—		—		1,232,000.00
											1,244,320.00
											—
													356,670.00
																	178,335.00
															178,335.00
	—		1,397,000.00		33,005.00		—		1,430,005.00		1,430,005.00		371,370.00		181,511.22		189,858.78
	—
	80,981.26
	80,981.26
	80,981.26

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

September-12

Total System Credits @ 9/30		1,430,005.00
Total Bank Credits @ 9/30		371,370.00
	in transit
9/27/2012	funds movement adjustment	(7,350.00	)
9/28/2012	funds movement adjustment	(178,335.00	)
	funds movement adjustment
	payment reversal
	overdraft funding return
	funds movement adjustment
	payment reversal
	funds movement adjustment
	funds movement adjustment
	Direct to Lender posting
9/28/2012	in transit	1,244,320.00
		1,430,005.00
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

September-12

Total Bank Credits @ 9/30		371,370.00
Total Debits to Trustee @ 9/30		181,511.22
9/27/2012	Service Fee	3,633.78
9/27/2012	Inspection Fees	540.00
9/27/2012	funds movement adjustment	7,350.00
9/28/2012	funds movement adjustment	178,335.00
	funds movement adjustment
	payment reversal
	overdraft funding return
	funds movement adjustment
	payment reversal
	funds movement adjustment
	funds movement adjustment
Adjusted Debits to Trustee		371,370.00
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for October 2012

Date Received	Date Due		Loan Number		Borrower Name	Principal Due
20121001		10012012		30101701	AZUSA PACIFIC UNIVERSITY		—
20121001		10012012		30106904	COLLEGE OF SANTA FE		36,000.00
20121001		10012012		30109604	DRURY COLLEGE		11,000.00
20121001		10012012		30110101	ELIZABETH CITY STATE UNIVERSITY		25,000.00
20121001		10012012		30117801	MARIAN COLLEGE OF FOND DU LAC		35,000.00
20121001		10012012		30121101	NEW ENGLAND COLLEGE		—
20121001		0		30130903	STEPHEN F AUSTIN STATE UNIVERSITY		177,000.00
20121001		10012012		30133201	UNIV STUDENT COOP HOUSING		—
20121001		10012012		30136801	UNIVERSITY OF ST THOMAS		35,000.00
System Credits 10/1
System Debits 10/1
Bank Credit 10/1
Bank Debit 10/1
Bank Debit 10/1 (funds movement adj)
Trustee Wire 10/1
20121002		10012012		30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)		—
20121002		10012012		30112002	GEORGE FOX COLLEGE		11,378.85
System Credits 10/2
System Debits 10/2
Bank Credit 10/2
Bank Debit 10/2 (service fees)
Bank Debit 10/2 (funds movement adj)
Trustee Wire 10/2
20121009		9152012		30113702	HIWASSEE COLLEGE
System Credits 10/9
System Debits 10/9
Bank Credit 10/3
Bank Debit 10/3
Bank Debit 10/3 (funds movement adj)
Trustee Wire 10/3
20121010		0		30123401	PAINE COLLEGE
System Credits 10/10
System Debits 10/10
Bank Credit 10/10
Bank Debit 10/10 (service fees)
Bank Debit 10/10 (funds movement adj)
Trustee Wire 10/10
20121012		0		30121501	NORFOLK STATE UNIVERSITY
20121012		0		30121501	NORFOLK STATE UNIVERSITY
20121012		6012012		30121501	NORFOLK STATE UNIVERSITY
System Credits 10/12
System Debits 10/12
Bank Credit 10/11
Bank Debit 10/11

Date Received	Date Due		Loan Number		Borrower Name	Principal Due
Bank Debit 10/11 (funds movement adj)
Trustee Wire 10/11
20121017		0		30123401	PAINE COLLEGE
System Credits 10/17
System Debits 10/17
Bank Credit 10/15
Bank Debit 10/15 (payment reversal)
Bank Debit 10/15 (funds movement adj)
Trustee Wire 10/15
20121018		11012012		30104605	CARNEGIE MELLON
20121018		0		30123401	PAINE COLLEGE
20121018		0		30123401	PAINE COLLEGE
20121018		4012012		30123401	PAINE COLLEGE
20121018		10012012		30123401	PAINE COLLEGE		60,000.00
20121018		10012012		30123401	PAINE COLLEGE
System Credits 10/18
System Debits 10/18
Bank Credit 10/18
Bank Debit 10/18 (payment reversal)
Bank Debit 10/18 (funds movement adj)
Trustee Wire 10/18
20121029		7012012		30121201	NEWARK BETH ISRAEL MEDICAL CENTER
System Credits 10/29
System Debits 10/29
Bank Credit 10/19
Bank Debit 10/19 (payment reversal)
Bank Debit 10/19 (funds movement adj)
Trustee Wire 10/19
20121030		0		30117002	LONG ISLAND UNIVERSITY
20121030		0		30117002	LONG ISLAND UNIVERSITY
20121030		6012011		30117002	LONG ISLAND UNIVERSITY
20121030		12012011		30117002	LONG ISLAND UNIVERSITY
20121030		6012012		30117002	LONG ISLAND UNIVERSITY
20121030		6012012		30117002	LONG ISLAND UNIVERSITY
20121030		0		30125504	RIDER COLLEGE
20121030		0		30125504	RIDER COLLEGE
20121030		11012010		30125504	RIDER COLLEGE
20121030		11012010		30125504	RIDER COLLEGE
20121030		5012011		30125504	RIDER COLLEGE
20121030		11012011		30125504	RIDER COLLEGE
20121030		11012011		30125504	RIDER COLLEGE
System Credits 10/30
System Debits 10/30
Bank Credit 10/30
Bank Debit 10/30
Bank Debit 10/30 (funds movement adj)
Trustee Wire 10/30
System Credits 10/31
System Debits 10/31

Date Received	Date Due		Loan Number		Borrower Name	Principal Due
Bank Credit 10/31
Bank Debit 10/31 (payment reversal)
Bank Debit 10/31 (funds movement adj)
Trustee Wire 10/31
					TOTALS:		390,378.85
Loans Due in Current Period and Paid in Prior Period:
		10012012		30116201	LASSEN JUNIOR		—
		10012012		30130301	SOUTHWEST TEX		165,000.00
		10012012		30132904	TUFTS UNIVERS		107,000.00
		10012012		30137802	VILLANOVA UNI		—
					TOTALS:		272,000.00
Loans Due in Current Period Not Yet Paid:
		10012012		30132402	TEXAS SOUTHER		—
					TOTALS:		—
					GRAND TOTAL:		662,378.85

						DTL
Interest Due		Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid			Net System Credits
	918.75		918.75		49,000.00		—		918.75		—			918.75
	3,705.00		39,705.00		247,000.00		36,000.00		3,705.00		—			39,705.00
	900.00		11,900.00		60,000.00		11,000.00		900.00		—			11,900.00
	2,250.00		27,250.00		150,000.00		25,000.00		2,250.00		—			27,250.00
	2,775.00		37,775.00		185,000.00		35,000.00		2,775.00		—			37,775.00
	675.00		675.00		45,000.00		—		675.00		—			675.00
	2,986.88		179,986.88		177,000.00		177,000.00		2,986.88		—			179,986.88
	9,825.00		9,825.00		655,000.00		—		9,825.00		—			9,825.00
	4,575.00		39,575.00		305,000.00		35,000.00		4,575.00		—			39,575.00
																	347,610.63
																	—
	2,625.00		2,625.00		175,000.00		—		2,625.00		—			2,625.00
	2,234.95		13,613.80		297,993.99		11,378.85		2,234.95		—			13,613.80
																	16,238.80
																	—
							5,693.28		1,214.72		—			6,908.00
														—
																	6,908.00
																	—
							—		—		46,656.00			46,656.00
														—
														—
														—
																	46,656.00
																	—
							—		—		—			—
							—		—		(0.08	)		(0.08	)
							0.08		—		—			0.08
																	0.08
																	(0.08	)

Interest Due		Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid			Net System Credits
							—		—		18,144.00			18,144.00
														—
														—
																	18,144.00
																	—
							30,000.00		5,400.00		—			35,400.00
							—		—		—			—
							—		—		(68,256.00	)		(68,256.00	)
							—		4,800.00		—			4,800.00
	4,800.00		64,800.00		319,999.99		60,000.00		—		—			60,000.00
							—		3,456.00		—			3,456.00
																	103,656.00
																	(68,256.00	)
							—		30.00		—			30.00
														—
														—
																	30.00
																	—
							—		—		—			—
							—		—		(49,893.76	)		(49,893.76	)
							26,789.48		—		—			26,789.48
							—		2,446.88		—			2,446.88
							—		2,446.88		—			2,446.88
							18,210.52		—		—			18,210.52
							—		—		—			—
							—		—		(167,112.51	)		(167,112.51	)
							—		274.98		—			274.98
							140,000.00		—		—			140,000.00
							—		8,246.87		—			8,246.87
							—		8,246.87		—			8,246.87
							10,343.79		—		—			10,343.79
																	217,006.27
																	(217,006.27	)
														—
														—
														—
														—
																	—
																	—

Interest Due		Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid		Net System Credits
	38,270.58		428,649.43		2,665,993.98		621,416.00		70,033.78		(220,462.35	)		470,987.43		470,987.43
	3,060.00		3,060.00		204,000.00
	10,275.00		175,275.00		685,000.00
	18,480.00		125,480.00		1,232,000.00
	7,350.00		7,350.00		490,000.00
	39,165.00		311,165.00		2,611,000.00
	787.50		787.50		45,000.00
	787.50		787.50		45,000.00
	78,223.08		740,601.93		5,321,993.98

Total Bank Credits		Wires		ACH Debits and Other Wires
	2,488,640.00
					1,244,320.00
			1,244,320.00
	695,221.26
					85.38
					347,610.63
			347,525.25
	32,477.60
					16,238.80
			16,238.80
	13,816.00
					6,908.00
			6,908.00
	46,656.00
			46,656.00
	0.16
					0.08
					0.08
	18,144.00
			18,144.00
	207,312.00
					68,256.00
					103,656.00
			35,400.00
	60.00
					30.00
			30.00
	434,012.54
					217,006.27
					217,006.27
	3,936,339.56		1,715,222.05		2,221,117.51

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

October-12

Total System Credits @ 10/31		470,987.43
Total Bank Credits @ 10/31		3,936,339.56
9/28/2012	in transit	(1,244,320.00	)
10/1/2012	funds movement adjustment	(1,244,320.00	)
10/2/2012	funds movement adjustment	(347,610.63	)
10/3/2012	funds movement adjustment	(16,238.80	)
10/10/2012	payment reversal	(6,908.00	)
10/15/2012	funds movement adjustment	(0.08	)
10/15/2012	payment reversal	(0.08	)
10/19/2012	payment reversal	(68,256.00	)
10/19/2012	funds movement adjustment	(103,656.00	)
10/30/2012	funds movement adjustment	(30.00	)
10/31/2012	payment reversal	(217,006.27	)
10/31/2012	funds movement adjustment	(217,006.27	)
	in transit
		470,987.43
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

October-12

Total Bank Credits @ 10/31		3,936,339.56
Total Debits to Trustee @ 10/31		1,715,222.05
10/2/2012	Service Fee	85.38
	Inspection Fees
10/1/2012	funds movement adjustment	1,244,320.00
10/2/2012	funds movement adjustment	347,610.63
10/3/2012	funds movement adjustment	16,238.80
10/10/2012	payment reversal	6,908.00
10/15/2012	funds movement adjustment	0.08
10/15/2012	payment reversal	0.08
10/19/2012	payment reversal	68,256.00
10/19/2012	funds movement adjustment	103,656.00
10/30/2012	funds movement adjustment	30.00
10/31/2012	payment reversal	217,006.27
10/31/2012	funds movement adjustment	217,006.27
Adjusted Debits to Trustee		3,936,339.56
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for November 2012

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due
20121101		11012012		30100103	ALABAMA AGRICULTURAL		—		10,200.00
20121101		11012012		30102604	BENEDICT COLLEGE		89,000.00		13,575.00
20121101		11012012		30104102	CALIFORNIA STATE UNIVERSITY,		100,000.00		3,075.00
20121101		11012012		30104201	TRUST SERVICES DIVISION		140,000.00		18,270.00
20121101		11012012		30109502	DREXEL UNIVERSITY		—		2,975.00
20121101		11012012		30110401	EMMANUEL COLLEGE		14,000.00		420.00
20121101		11012012		30110802	FAIRLEIGH DICKINSON UNIV		100,000.00		9,750.00
20121101		11012012		30112301	GEORGETOWN UNIVERSITY		140,000.00		21,255.00
20121101		11012012		30112302	GEORGETOWN UNIVERSITY		360,000.00		75,300.00
20121101		11012012		30117402	LYCOMING COLLEGE		—		725.00
20121101		0		30117402	LYCOMING COLLEGE
20121101		11012012		30117403	LYCOMING COLLEGE		—		1,406.25
20121101		11012012		30117501	LYNCHBURG COLLEGE		—		1,837.50
20121101		11012012		30117502	LYNCHBURG COLLEGE		—		3,525.00
20121101		11012012		30118401	MARYMOUNT UNIVERSITY		—		2,625.00
20121101		11012012		30119202	MERCER UNIV. ACCOUNTING OFFICE		19,116.31		1,173.04
20121101		11012012		30119801	MILLSAPS COLLEGE		28,000.00		4,620.00
20121101		0		30120402	MORAVIAN COLLEGE		20,000.00		337.50
20121101		0		30125504	RIDER COLLEGE
20121101		0		30125506	RIDER COLLEGE
20121101		11012012		30127602	SAINT MICHAELS COLLEGE		84,319.86		2,540.14
20121101		11012012		30128001	SAINT VINCENT COLLEGE		—		962.50
20121101		11012012		30130703	SPRINGFIELD COLLEGE		—		140.00
20121101		11012012		30138702	WESLEY COLLEGE		—		33.75
20121101		11012012		30140502	WITTENBERG UNIVERSITY		—		2,625.00
20121101		11012012		30140503	WITTENBERG UNIVERSITY		14,000.00		1,380.00
System Credits 11/1
System Debits 11/1
Bank Credit 11/1
Bank Debit 11/1
Bank Debit 11/1 (funds movement adj)
Trustee Wire 11/1
20121105		0		30102802	BETHANY COLLEGE - DORM BOND
20121105		0		30102802	BETHANY COLLEGE - DORM BOND
20121105		11012012		30102803	BETHANY COLLEGE - HALL BOND 1967		15,000.00		1,650.00
20121105		0		30102804	BETHANY COLLEGE - NOTE OF 1973
20121105		0		30102804	BETHANY COLLEGE - NOTE OF 1973
System Credits 11/5
System Debits 11/5
Bank Credit 11/2
Bank Debit 11/2
Bank Debit 11/2 (funds movement adj)
Trustee Wire 11/2
20121106		0		30102802	BETHANY COLLEGE - DORM BOND
20121106		0		30102802	BETHANY COLLEGE - DORM BOND
20121106		0		30102802	BETHANY COLLEGE - DORM BOND		11,000.00		185.63
20121106		0		30102804	BETHANY COLLEGE - NOTE OF 1973
20121106		0		30102804	BETHANY COLLEGE - NOTE OF 1973
20121106		0		30102804	BETHANY COLLEGE - NOTE OF 1973		25,000.00		375.00
System Credits 11/6
System Debits 11/6
Bank Credit 11/6

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due
Bank Debit 11/6 (service and inspection fees)
Bank Debit 11/6 (funds movement adj)
Trustee Wire 11/6
20121107		5012013		30117402	LYCOMING COLLEGE
20121107		0		30117402	LYCOMING COLLEGE
20121107		0		30117402	LYCOMING COLLEGE
20121107		0		30125506	RIDER COLLEGE
System Credits 11/7
System Debits 11/7
Bank Credit 11/7
Bank Debit 11/7 (payment reversal)
Bank Debit 11/7 (funds movement adj)
Trustee Wire 11/7
20121109		0		30125504	RIDER COLLEGE
20121109		0		30125506	RIDER COLLEGE
20121109		0		30125506	RIDER COLLEGE
20121109		11012012		30125506	RIDER COLLEGE		—		2,205.00
System Credits 11/9
System Debits 11/9
Bank Credit 11/8
Bank Debit 11/8 (payment reversal)
Bank Debit 11/8 (funds movement adj)
Trustee Wire 11/8
20121121		0		30125506	RIDER COLLEGE
System Credits 11/21
System Debits 11/21
Bank Credit 11/13
Bank Debit 11/13 (payment reversal)
Bank Debit 11/13 (funds movement adj)
Trustee Wire 11/13
20121126		12012012		30105701	CHAMPLAIN COLLEGE, INC.
System Credits 11/26
System Debits 11/26
Bank Credit 11/26
Bank Debit 11/26
Bank Debit 11/26 (funds movement adj)
Trustee Wire 11/26
20121127		0		30125504	RIDER COLLEGE
20121127		0		30125506	RIDER COLLEGE
System Credits 11/27
System Debits 11/27
Bank Credit 11/27
Bank Debit 11/27
Bank Debit 11/27 (funds movement adj)
Trustee Wire 11/27
20121128		0		30125504	RIDER COLLEGE
20121128		0		30125504	RIDER COLLEGE
20121128		5012012		30125504	RIDER COLLEGE
20121128		11012011		30125504	RIDER COLLEGE
System Credits 11/28
System Debits 11/28
Bank Credit 11/28

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due
Bank Debit 11/28 (payment reversal)
Bank Debit 11/28 (funds movement adj)
Trustee Wire 11/28
System Credits 11/29
System Debits 11/29
Bank Credit 11/29
Bank Debit 11/29 (payment reversal)
Bank Debit 11/29 (funds movement adj)
Trustee Wire 11/29
					TOTALS:		1,159,436.17		183,166.31
Loans Due in Current Period and Paid in Prior Period:
		11012012		30104605	CARNEGIE-MELL		30,000.00		5,400.00
					TOTALS:		30,000.00		5,400.00
Loans Due in Current Period Not Yet Paid:
		11012012		30114001	HOOD COLLEGE		23,000.00		1,123.75
		11012012		30120601	MORGAN STATE		86,090.73		6,653.43
		11012012		30125504	RIDER COLLEGE		150,000.00		5,618.75
		11012012		30128802	SETON HILL CO		26,000.00		1,468.13
					TOTALS:		285,090.73		14,864.06
					GRAND TOTAL:		1,474,526.90		203,430.37

				DTL
Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid			Net System Credits			Total Bank Credits
	10,200.00		680,000.00		—		10,200.00		—			10,200.00
	102,575.00		905,000.00		89,000.00		13,575.00		—			102,575.00
	103,075.00		205,000.00		100,000.00		3,075.00		—			103,075.00
	158,270.00		1,218,000.00		140,000.00		18,270.00		—			158,270.00
	2,975.00		170,000.00		—		2,975.00		—			2,975.00
	14,420.00		28,000.00		14,000.00		420.00		—			14,420.00
	109,750.00		650,000.00		100,000.00		9,750.00		—			109,750.00
	161,255.00		1,417,000.00		140,000.00		21,255.00		—			161,255.00
	435,300.00		3,765,000.00		360,000.00		75,300.00		—			435,300.00
	725.00		40,000.00		—		724.99		—			724.99
					—		—		0.01			0.01
	1,406.25		74,999.99		—		1,406.25		—			1,406.25
	1,837.50		98,000.00		—		1,837.50		—			1,837.50
	3,525.00		235,000.00		—		3,525.00		—			3,525.00
	2,625.00		175,000.00		—		2,625.00		—			2,625.00
	20,289.35		78,202.84		19,116.31		1,173.03		—			20,289.34
	32,620.00		308,000.00		28,000.00		4,620.00		—			32,620.00
	20,337.50		20,000.00		20,000.00		337.50		—			20,337.50
					—		—		2,900.00			2,900.00
					—		—		405.00			405.00
	86,860.00		169,342.40		84,319.86		2,540.14		—			86,860.00
	962.50		55,000.00		—		962.50		—			962.50
	140.00		8,000.00		—		140.00		—			140.00
	33.75		2,000.00		—		33.75		—			33.75
	2,625.00		175,000.00		—		2,625.00		—			2,625.00
	15,380.00		92,000.00		14,000.00		1,380.00		—			15,380.00
															1,290,491.84
															—
					—		—		185.63			185.63
					—		—		11,000.00			11,000.00
	16,650.00		110,000.00		15,000.00		1,650.00		—			16,650.00
					—		—		375.00			375.00
					—		—		25,000.00			25,000.00
															53,210.63
															—
																		2,577,678.67
					—		—		(11,000.00	)		(11,000.00	)
					—		—		(185.63	)		(185.63	)
	11,185.63		11,000.00		11,000.00		185.63		—			11,185.63
					—		—		(25,000.00	)		(25,000.00	)
					—		—		(375.00	)		(375.00	)
	25,375.00		25,000.00		25,000.00		375.00		—			25,375.00
															36,560.63
															(36,560.63	)
																		69,860.63

Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid			Net System Credits			Total Bank Credits
					—		0.01		—			0.01
					—		—		(0.01	)		(0.01	)
					—		—		—			—
					—		—		154,518.75			154,518.75
															154,518.76
															(0.01	)
																		73,121.26
					—		—		152,718.75			152,718.75
					—		—		(154,518.75	)		(154,518.75	)
					—		—		(405.00	)		(405.00	)
	2,205.00		147,000.00		—		2,205.00		—			2,205.00
															154,923.75
															(154,923.75	)
																		154,518.77
					—		—		140,000.00			140,000.00
												—
												—
															140,000.00
															—
																		157,128.75
					6,456.03		294.90		—			6,750.93
															6,750.93
															—
																		140,000.00
					—		—		140,000.00			140,000.00
					—		—		(140,000.00	)		(140,000.00	)
												—
															140,000.00
															(140,000.00	)
																		13,501.86
					—		—		—			—
					—		—		(140,274.96	)		(140,274.96	)
					—		5,618.75		—			5,618.75
					134,656.21		—		—			134,656.21
															140,274.96
															(140,274.96	)
																		140,000.00

Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense		Total Paid		Net System Credits		Total Bank Credits
											—
											—
											—
											—
													—
													—
															280,549.92
	1,342,602.48		10,861,545.23		1,300,548.41		189,079.95		155,343.79		1,644,972.15		1,644,972.15		3,606,359.86
	35,400.00		360,000.00
	35,400.00		360,000.00
	24,123.75		62,000.00
	92,744.16		443,562.20
	155,618.80		310,000.00
	27,468.13		81,000.00
	299,954.84		896,562.20
	1,677,957.32		12,118,107.43

Wires		ACH Debits and Other Wires
			1,287,186.83
	1,289,681.84
			3,381.81
			16,650.00
	50,638.82
			36,560.63
			36,560.63
			0.01
			0.01
	154,518.75
			154,923.75
			2,205.00
	140,000.00
			6,750.93
	6,750.93
			140,000.00
			140,274.96
			140,274.96
	1,641,590.34		1,964,769.52

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

November-12

Total System Credits @ 11/30		1,644,972.15
Total Bank Credits @ 11/30		3,606,359.86
	in transit
11/2/2012	funds movement adjustment	(1,287,186.83	)
11/6/2012	funds movement adjustment	(16,650.00	)
11/7/2012	payment reversal	(36,560.63	)
11/7/2012	funds movement adjustment	(36,560.63	)
11/8/2012	payment reversal	(0.01	)
11/8/2012	funds movement adjustment	(0.01	)
11/13/2012	payment reversal	(154,923.75	)
11/13/2012	funds movement adjustment	(2,205.00	)
11/27/2012	funds movement adjustment	(6,750.93	)
11/28/2012	payment reversal	(140,000.00	)
11/29/2012	payment reversal	(140,274.96	)
11/29/2012	funds movement adjustment	(140,274.96	)
	in transit
		1,644,972.15
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

November-12

Total Bank Credits @ 11/30		3,606,359.86
Total Debits to Trustee @ 11/30		1,641,590.34
11/6/2012	Service & Inspection Fees	3,381.81
	Inspection Fees
11/2/2012	funds movement adjustment	1,287,186.83
11/6/2012	funds movement adjustment	16,650.00
11/7/2012	payment reversal	36,560.63
11/7/2012	funds movement adjustment	36,560.63
11/8/2012	payment reversal	0.01
11/8/2012	funds movement adjustment	0.01
11/13/2012	payment reversal	154,923.75
11/13/2012	funds movement adjustment	2,205.00
11/27/2012	funds movement adjustment	6,750.93
11/28/2012	payment reversal	140,000.00
11/29/2012	payment reversal	140,274.96
11/29/2012	funds movement adjustment	140,274.96
Adjusted Debits to Trustee		3,606,359.86
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for December 2011

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due
20111201		12012011		30101601	AUBURN UNIVERSITY		115,000.00		15,375.00
20111201		12012011		30119903	MISSISSIPPI STATE UNIVERSITY		70,000.00		12,450.00
20111201		12012011		30121501	NORFOLK STATE UNIVERSITY		63,769.63		23,407.15
20111201		0		30121501	NORFOLK STATE UNIVERSITY
20111201		12012011		30137901	VINCENNES UNIVERSITY		—		33,300.00
System Credits 12/1
System Debits 12/1
Bank Credit 12/1
Bank Debit 12/1
Bank Debit 12/1 (funds movement adj)
Trustee Wire 12/1
20111205		12012011		30127402	ST MARY’S SCHOOL		11,000.00		3,120.00
System Credits 12/5
System Debits 12/5
Bank Credit 12/2
Bank Debit 12/2
Bank Debit 12/2 (funds movement adj)
Trustee Wire 12/2
20111206		0		30117002	LONG ISLAND UNIVERSITY
20111206		11012011		30117402	LYCOMING COLLEGE
System Credits 12/6
System Debits 12/6
Bank Credit 12/6
Bank Debit 12/6 (service fees)
Bank Debit 12/6 (funds movement adj)
Trustee Wire 12/6
20111222		1012012		30112901	HAMPSHIRE COLLEGE
System Credits 12/22
System Debits 12/22
Bank Credit 12/7
Bank Debit 12/7
Bank Debit 12/7 (funds movement adj)
Trustee Wire 12/7
20111223		11012011		30114001	HOOD COLLEGE
System Credits 12/23
System Debits 12/23
Bank Credit 12/23
Bank Debit 12/23
Bank Debit 12/23 (funds movement adj)
Trustee Wire 12/23
20111230		1012012		30114802	INTER-AMERICAN UNIV. OF PUERTO RICO
20111230		1012012		30134402	UNIVERSITY OF FLORIDA / REV. CERTS.,84

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due
System Credits 12/30
System Debits 12/30
Bank Credit 12/27
Bank Debit 12/27
Bank Debit 12/27 (funds movement adj)
Trustee Wire 12/27
					TOTALS:		259,769.63		87,652.15
Loans Due in Current Period and Paid in Prior Period:
		12012011		30105701	CHAMPLAIN COL		6,266.62		484.31
					TOTALS:		6,266.62		484.31
Loans Due in Current Period Not Yet Paid:
		12012011		30117002	LONG ISLAND U		—		2,446.88
					TOTALS:		—		2,446.88
					GRAND TOTAL:		266,036.25		90,583.34

Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense		Total Paid		Net System Credits		Total Bank Credits
	130,375.00		1,025,000.00		115,000.00		15,375.00		—		130,375.00
	82,450.00		830,000.00		70,000.00		12,450.00		—		82,450.00
	87,176.78		1,560,476.64		63,769.56		23,407.15		—		87,176.71
					—		—		0.08		0.08
	33,300.00		2,220,000.00		—		33,300.00		—		33,300.00
													333,301.79
													—
	14,120.00		208,000.00		11,000.00		3,120.00		—		14,120.00
											—
											—
													14,120.00
													—
															666,603.50
					—		—		2,446.88		2,446.88
					—		1,069.36		—		1,069.36
													3,516.24
													—
															28,240.00
					15,938.07		978.01		—		16,916.08
											—
													16,916.08
													—
															2,446.88
					22,000.00		1,522.50		—		23,522.50
											—
											—
													23,522.50
													—
															33,832.16
					79,942.85		12,854.35		—		92,797.20
					—		7,875.00		—		7,875.00
											—

Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense		Total Paid		Net System Credits		Total Bank Credits
													100,672.20
													—
															47,045.00
	347,421.78		5,843,476.64		377,650.48		111,951.37		2,446.96		492,048.81		492,048.81		778,167.54
	6,750.93		32,287.53
	6,750.93		32,287.53
	2,446.88		135,000.00
	2,446.88		135,000.00
	356,619.59		6,010,764.17

Wires		ACH Debits and Other Wires
			333,301.71
	333,301.79
			5,763.62
			14,120.00
	8,356.38
	2,446.88
			16,916.08
	16,916.08
			23,522.50
	23,522.50
	384,543.63		393,623.91

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

December-11

Total System Credits @ 12/31		492,048.81
Total Bank Credits @ 12/31		778,167.54
	in transit
12/2/2011	funds movement adjustment	(333,301.71	)
12/6/2011	funds movement adjustment	(14,120.00	)
12/23/2012	funds movement adjustment	(16,916.08	)
12/27/2011	funds movement adjustment	(23,522.50	)
12/6/2011	Direct to Lender posting	1,069.36
12/30/2011	in transit	100,672.20
		492,048.81
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

December-11

Total Bank Credits @ 12/31		778,167.54
Total Debits to Trustee @ 12/31		384,543.63
12/6/2011	Service Fee	5,763.62
12/2/2011	funds movement adjustment	333,301.71
12/6/2011	funds movement adjustment	14,120.00
12/23/2012	funds movement adjustment	16,916.08
12/27/2011	funds movement adjustment	23,522.50
Adjusted Debits to Trustee		778,167.54
		—