Annual Statement as to Compliance

For the Year Ended December 31, 2015

United States Department of Education

College and University Facility Loan Trust Two

Pursuant to Section 206 of the Servicing Agreement governing the referenced transaction, I hereby attest that:

(i) A review of the activities and performance of Berkadia as Special Servicer during the period under this Servicing Agreement, has been made under my supervision, and, to the best of my knowledge, based on such review, Berkadia as Special Servicer, has fulfilled in all material respects, all of its duties, responsibilities, or obligations under this Servicing Agreement throughout the period.

(ii) I confirm that Berkadia Special Servicer is in compliance with the requirements of Section 2.02 hereof.

Berkadia,

Mark E. McCool

President

February 20, 2016

Inv. 003 Lib. G

Annual Statement as to Compliance

For the Year Ended December 31, 2015

United States Department of Education

College and University Facility Loan Trust Two

Pursuant to Section 206 of the Servicing Agreement governing the referenced transaction, I hereby attest that:

i. As an officer signing this certificate I have reviewed the activities and performance of Berkadia Commercial Mortgage as Master Servicer during the preceding fiscal year under the Servicing Agreement and, to the best of such officer’s knowledge, the Servicer has fulfilled all of the duties, responsibilities under this servicing agreement throughout such year.

ii. I confirm that Berkadia as Master Servicer is in compliance with the requirements of Section 202.

Berkadia,

Mark E. McCool

President

February 20, 2016

Inv. 3 Lib. G

Management’s Assertion Concerning Compliance

with Minimum Master Servicing Standards

February 29, 2016

We, as members of management of Berkadia Commercial Mortgage LLC (“Berkadia” or the “Company”), are responsible for complying with the servicing standards identified in the attached Exhibit I (the “Specified Minimum Servicing Standards”), as set forth in the Mortgage Bankers Association of America’s Uniform Single Attestation Program for Mortgage Bankers (“USAP”). We also are responsible for establishing and maintaining effective internal control over compliance with these Specified Minimum Servicing Standards. We have performed an evaluation of the Company’s compliance with the Specified Minimum Servicing Standards with respect to the Company’s master servicing of mortgage loans for the period January 1, 2015 through December 31, 2015. Based on this evaluation, we assert that during the year ended December 31, 2015, Berkadia complied, in all material respects, with the Specified Minimum Servicing Standards.

The Company had in effect fidelity bond or crime insurance in the aggregate amount of $10,000,000 from January 1, 2015 through December 31, 2015, and an errors and omissions policy in the amount of $10,000,000 from January 1, 2015 through December 31, 2015.

Mark E. McCool

President, Commercial Real Estate Services

Berkadia Commercial Mortgage LLC

323 NORRISTOWN ROAD    |     SUITE 300    |     AMBLER, PA 19002 BERKADIA COMMERCIAL MORTGAGE LLC BERKADIA.COM

Exhibit I

Berkadia Commercial Mortgage LLC

Specified Minimum Servicing Standards

I. CUSTODIAL BANK ACCOUNTS

1. Reconciliations shall be prepared on a monthly basis for all custodial bank accounts and related bank clearing accounts. These reconciliations shall:

• Be mathematically accurate;

• Be prepared within thirty (30) calendar days after the cutoff date;

• Be reviewed and approved by someone other than the person who prepared the reconciliation; and

• Document explanations for reconciling items. These reconciling items shall be resolved within ninety (90) calendar days of identification.

2. Funds of the servicing entity shall be advanced as specified in the servicing agreement in cases where there is an overdraft in an investor’s or a mortgagor’s account.

3. All cash for each custodial account shall be maintained at a federally insured depository institution in trust for the applicable investor or in an investment account in accordance with the applicable servicing agreement requirements.

4. Escrow funds held in trust for a mortgagor shall be returned to the mortgagor within thirty (30) calendar days of payoff of the mortgage loan.

II. MORTGAGE PAYMENTS

1. Mortgage payments which are properly identified with the Company’s account number and which agree to the total amount of the scheduled payment due shall be deposited into the clearing bank accounts and related custodial bank accounts within two business days of receipt. Any mortgage payments which do not meet these parameters will be researched and deposited into the appropriate bank accounts within five business days of receipt.

2. Mortgage payments made in accordance with the mortgagor’s loan documents shall be posted to the applicable mortgagor records within two business days of receipt.

III. DISBURSEMENTS

1. Disbursements made via wire transfer on behalf of a mortgagor or investor shall be made only by authorized personnel.

2. Amounts remitted to investors per the servicer’s investor reports shall agree with cancelled checks, or other form of payment, or custodial bank statements.

323 NORRISTOWN ROAD    |     SUITE 300    |     AMBLER, PA 19002 BERKADIA COMMERCIAL MORTGAGE LLC BERKADIA.COM

Exhibit I

IV. INVESTOR ACCOUNTING AND REPORTING

1. The servicing entity’s investor reports shall agree with, or reconcile to, investors records on a monthly basis as to the total unpaid principle balance and number of loans serviced by the servicing entity.

V. INSURANCE POLICIES

1. A fidelity bond and errors and omissions policy shall be in effect on the servicing entity in the amount of coverage represented to investors in management’s assertion.

323 NORRISTOWN ROAD    |     SUITE 300    |     AMBLER, PA 19002 BERKADIA COMMERCIAL MORTGAGE LLC BERKADIA.COM

Management’s Assertion Concerning Compliance

with Minimum Special Servicing Standards

February 29, 2016

We, as members of management of Berkadia Commercial Mortgage LLC (“Berkadia” or the “Company”), are responsible for complying with the servicing standards identified in the attached Exhibit I (the “Specified Minimum Servicing Standards”), as set forth in the Mortgage Bankers Association of America’s Uniform Single Attestation Program for Mortgage Bankers (“USAP”). We also are responsible for establishing and maintaining effective internal control over compliance with these Specified Minimum Servicing Standards. We have performed an evaluation of the Company’s compliance with the Specified Minimum Servicing Standards with respect to the Company’s special servicing of mortgage loans for the period January 1, 2015 through December 31, 2015. Based on this evaluation, we assert that during the year ended December 31, 2015, Berkadia complied, in all material respects, with the Specified Minimum Servicing Standards.

The Company had in effect fidelity bond or crime insurance in the aggregate amount of $10,000,000 from January 1, 2015 through December 31, 2015, and an errors and omissions policy in the amount of $10,000,000 from January 1, 2015 through December 31, 2015.

Mark E. McCool

President, Commercial Real Estate Services

Berkadia Commercial Mortgage LLC

323 NORRISTOWN ROAD    |     SUITE 300    |     AMBLER, PA 19002 BERKADIA COMMERCIAL MORTGAGE LLC BERKADIA.COM

Exhibit I

Berkadia Commercial Mortgage LLC

Specified Minimum Servicing Standards

I. RECORDKEEPING

Records documenting the status of the loan shall be maintained during the period the loan is assigned to the special servicer. Such records shall describe the entity’s activities in monitoring the current status of the loan and are updated to reflect a change in status to be communicated to the investor.

II. INSURANCE

A fidelity bond and errors and omission policy shall be in effect on the servicing entity in the amount of coverage represented to investors.

323 NORRISTOWN ROAD    |     SUITE 300    |     AMBLER, PA 19002 BERKADIA COMMERCIAL MORTGAGE LLC BERKADIA.COM

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of December 01, 2015 through December 31, 2015

Collections:
Principal Payments	340,055.02
Interest Payments	42,795.51
Total Principal and Interest Collections	382,850.53
Payments and Reversals Posted to Suspense	—
Total Collections	382,850.53
Less: Servicing Fees (not withheld from remittances)	(1,031.25	)
Net Collections	381,819.28

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of December 01, 2015 through December 31, 2015

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
12012015		30101601	AUBURN UNIVER		130,000.00		8,100.00		138,100.00		540,000.00		202.50
12012015		30119903	MISSISSIPPI S		80,000.00		7,950.00		87,950.00		530,000.00		198.75
12012015		30127402	ST MARY’S COL		12,000.00		1,800.00		13,800.00		120,000.00		45.00
12012015		30137901	VINCENNES UNI		—		23,400.00		23,400.00		1,560,000.00		585.00
													—
													—
													—
													—
													—
													—
													—
													—
													—
			TOTALS:		222,000.00		41,250.00		263,250.00		2,750,000.00		1,031.25
													1,031.25	Service Fees due

S/F still due for below loans

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of December 01, 2015 through December 31, 2015

Loan Number	Payoff Date		Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
30102803		12/1/2015		40,603.33		40,000.00		603.33				11012017
TOTALS:				40,603.33		40,000.00		603.33		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of December 01, 2015 through December 31, 2015

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, 2015

Loan Number		Borrower Name	Interest Rate		Current UPB		Maturity Date
	30101601	AUBURN UNIVERSITY		3		410,000.00		12012018
	30104201	CALIFORNIA STATE UNIVERSITY HOUSING BOND		3		643,000.00		11012019
	30106904	COLLEGE OF SANTA FE		3		101,000.00		10012018
	30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)		3		45,000.00		4012016
	30110101	ELIZABETH CITY STATE UNIVERSITY		3		50,000.00		10012017
	30110802	FAIRLEIGH DICKINSON UNIV		3		230,000.00		11012017
	30112301	GEORGETOWN UNIVERSITY		3		832,000.00		11012020
	30112302	GEORGETOWN UNIVERSITY		4		2,235,000.00		11012020
	30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		92,756.99		1012017
	30116201	LASSEN JUNIOR COLLEGE		3		129,000.00		4012020
	30117502	LYNCHBURG COLLEGE		3		115,000.00		5012018
	30117801	MARIAN COLLEGE OF FOND DU LAC		3		40,000.00		10012016
	30119801	MILLSAPS COLLEGE		3		196,000.00		11012021
	30119903	MISSISSIPPI STATE UNIVERSITY		3		450,000.00		12012020
	30123401	PAINE COLLEGE		3		67,999.99		10012016
	30123701	UNIVERSITY OF THE ARTS		3		867,056.00		1012022
	30125506	RIDER COLLEGE		3		57,000.00		5012017
	30127402	ST MARY’S SCHOOL		3		108,000.00		6012020
	30129101	SIMPSON COLLEGE - BOND 1966		3		24,000.00		7012016
	30133201	UNIV STUDENT COOP HOUSING		3		390,000.00		4012019
	30136801	UNIVERSITY OF ST THOMAS		3		162,000.00		10012019
	30137802	VILLANOVA UNIVERSITY		3		290,000.00		4012019
	30137901	VINCENNES UNIVERSITY		3		1,560,000.00		6012023
	30140503	WITTENBERG UNIVERSITY		3		32,000.00		11012017
		TOTALS:				9,126,812.98

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of December 31, 2015

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 12/31/2015
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of December 31, 2015

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for December 2015

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
20151201	12012015	30101601	AUBURN UNIVERSITY		130,000.00		8,100.00		138,100.00		540,000.00		130,000.00		8,100.00		—		138,100.00
20151201	12012015	30102803	BETHANY COLLEGE - HALL BOND 1967										—		—		—		—
20151201	0	30102803	BETHANY COLLEGE - HALL BOND 1967										40,000.00		603.33		—		40,603.33
20151201	12012015	30119903	MISSISSIPPI STATE UNIVERSITY		80,000.00		7,950.00		87,950.00		530,000.00		80,000.00		7,950.00		—		87,950.00
20151201	12012015	30137901	VINCENNES UNIVERSITY		—		23,400.00		23,400.00		1,560,000.00		—		23,400.00		—		23,400.00
																			—
																			—
System Credits 12/1																					290,053.33
System Debits 12/1																					—
Bank Credit 12/1
Bank Debit 12/1
Bank Debit 12/1
Trustee Wire 12/1
20151230	1012016	30114802	INTER-AMERICAN UNIV. OF PUERTO RICO										90,055.02		2,742.18		—		92,797.20
																			—
																			—
System Credits 12/30																					92,797.20
System Debits 12/30																					—
Bank Credit 12/2																							290,053.33
Bank Debit 12/2
Bank Debit 12/2
Trustee Wire 12/2																									290,053.33
																			—
																			—
																			—
System Credits 12/31																					—
System Debits 12/31																					—
Bank Credit 12/31																							92,797.20
Bank Debit 12/31 (service fees)																											1,973.27
Bank Debit 12/31
Trustee Wire 12/31																									90,823.93
			TOTALS:		210,000.00		39,450.00		249,450.00		2,630,000.00		340,055.02		42,795.51		—		382,850.53		382,850.53		382,850.53		380,877.26		1,973.27
Loans Due in Current Period and Paid in Prior Period:
	12012015	30127402	ST MARY’S COL		12,000.00		1,800.00		13,800.00		120,000.00
			TOTALS:		12,000.00		1,800.00		13,800.00		120,000.00
Loans Due in Current Period Not Yet Paid:
			TOTALS:		—		—		—		—
			GRAND TOTAL:		222,000.00		41,250.00		263,250.00		2,750,000.00

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

December-15

Total System Credits @ 12/31		382,850.53
Total Bank Credits @ 12/31		382,850.53
	in transit wire
	in transit credit
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	Direct to Lender payments
	overdraft funding
	overdraft funding
	in transit
		382,850.53
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

December-15

Total Bank Credits @ 12/31		382,850.53
Total Debits to Trustee @ 12/31		380,877.26
12/31/2015	Service Fees	1,973.27
	Service Fees
	Inspection Fees
	Trust Expense
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	overdraft funding repay
	overdraft funding repay
	payment reversal
	funds movement adjustment
	overdraft funding repay
Adjusted Debits to Trustee		382,850.53
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of January 01, 2016 through January 31, 2016

Collections:
Principal Payments	60,902.36
Interest Payments	13,365.84
Total Principal and Interest Collections	74,268.20
Payments and Reversals Posted to Suspense	—
Total Collections	74,268.20
Less: Servicing Fees (not withheld from remittances)	(402.70	)
Net Collections	73,865.50

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of January 01, 2016 through January 31, 2016

Date Due		Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
	1012016		30114802	INTER AMERICA		90,055.02		2,742.18		92,797.20		182,812.00		68.55
	1012016		30123701	PHILADELPHIA		60,902.36		13,005.84		73,908.20		867,056.00		325.15
	1012016		30129101	SIMPSON COLLE		—		360.00		360.00		24,000.00		9.00
														—
														—
														—
														—
														—
														—
														—
														—
														—
														—
				TOTALS:		150,957.38		16,108.02		167,065.40		1,073,868.00		402.70
														402.70	Service Fees due

S/F still due for below loans

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of January 01, 2016 through January 31, 2016

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 January 01, 2016 through January 31, 2016

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, 2016

Loan Number		Borrower Name	Interest Rate		Current UPB		Maturity Date
	30101601	AUBURN UNIVERSITY		3		410,000.00		12012018
	30104201	CALIFORNIA STATE UNIVERSITY HOUSING BOND		3		643,000.00		11012019
	30106904	COLLEGE OF SANTA FE		3		101,000.00		10012018
	30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)		3		45,000.00		4012016
	30110101	ELIZABETH CITY STATE UNIVERSITY		3		50,000.00		10012017
	30110802	FAIRLEIGH DICKINSON UNIV		3		230,000.00		11012017
	30112301	GEORGETOWN UNIVERSITY		3		832,000.00		11012020
	30112302	GEORGETOWN UNIVERSITY		4		2,235,000.00		11012020
	30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		92,756.99		1012017
	30116201	LASSEN JUNIOR COLLEGE		3		129,000.00		4012020
	30117502	LYNCHBURG COLLEGE		3		115,000.00		5012018
	30117801	MARIAN COLLEGE OF FOND DU LAC		3		40,000.00		10012016
	30119801	MILLSAPS COLLEGE		3		196,000.00		11012021
	30119903	MISSISSIPPI STATE UNIVERSITY		3		450,000.00		12012020
	30123401	PAINE COLLEGE		3		67,999.99		10012016
	30123701	UNIVERSITY OF THE ARTS		3		806,153.70		1012022
	30125506	RIDER COLLEGE		3		57,000.00		5012017
	30127402	ST MARY’S SCHOOL		3		108,000.00		6012020
	30129101	SIMPSON COLLEGE—BOND 1966		3		24,000.00		7012016
	30133201	UNIV STUDENT COOP HOUSING		3		390,000.00		4012019
	30136801	UNIVERSITY OF ST THOMAS		3		162,000.00		10012019
	30137802	VILLANOVA UNIVERSITY		3		290,000.00		4012019
	30137901	VINCENNES UNIVERSITY		3		1,560,000.00		6012023
	30140503	WITTENBERG UNIVERSITY		3		32,000.00		11012017
		TOTALS:				9,065,910.68

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of January 31, 2016

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 12/31/2015
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of January 31, 2016

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for January 2016

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
20160104		1012016		30129101	SIMPSON COLLEGE - BOND 1966		—		360.00		360.00		24,000.00		—		360.00		—		360.00
																					—
																					—
																					—
System Credits 1/4																							360.00
System Debits 1/4																							—
Bank Credit 1/4
Bank Debit 1/4
Bank Debit 1/4
Trustee Wire 1/4
20160122		1012016		30123701	UNIVERSITY OF THE ARTS		60,902.36		13,005.84		73,908.20		867,056.00		60,902.36		13,005.84		—		73,908.20
																					—
																					—
System Credits 1/22																							73,908.20
System Debits 1/22																							—
Bank Credit 1/5																									360.00
Bank Debit 1/5
Bank Debit 1/5
Trustee Wire 1/5																											360.00
																					—
																					—
																					—
System Credits 1/25																							—
System Debits 1/25																							—
Bank Credit 1/25																									73,908.20
Bank Debit 1/25 (service fees)																													1,031.25
Bank Debit 1/25 (inspection fees)																													135.00
Trustee Wire 1/25																											72,741.95
					TOTALS:		60,902.36		13,365.84		74,268.20		891,056.00		60,902.36		13,365.84		—		74,268.20		74,268.20		74,268.20		73,101.95		1,166.25
Loans Due in Current Period and Paid in Prior Period:
		1012016		30114802	INTER AMERICA		90,055.02		2,742.18		92,797.20		182,812.00
					TOTALS:		90,055.02		2,742.18		92,797.20		182,812.00
Loans Due in Current Period Not Yet Paid:
					TOTALS:		—		—		—		—
					GRAND TOTAL:		150,957.38		16,108.02		167,065.40		1,073,868.00

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

January-16

Total System Credits @ 1/31		74,268.20
Total Bank Credits @ 1/31		74,268.20
	in transit wire
	in transit credit
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	Direct to Lender payments
	overdraft funding
	overdraft funding
	in transit
		74,268.20
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

January-16

Total Bank Credits @ 1/31		74,268.20
Total Debits to Trustee @ 1/31		73,101.95
1/25/2016	Service Fees	1,031.25
1/25/2016	Inspection Fees	135.00
	Trust Expense
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	overdraft funding repay
	overdraft funding repay
	payment reversal
	funds movement adjustment
	overdraft funding repay
Adjusted Debits to Trustee		74,268.20
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of March 01, 2016 through March 31, 2016

Collections:
Principal Payments	190,000.00
Interest Payments	12,135.00
Total Principal and Interest Collections	202,135.00
Payments and Reversals Posted to Suspense	—
Total Collections	202,135.00
Less: Servicing Fees (not withheld from remittances)	—
Net Collections	202,135.00

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of March 01, 2016 through March 31, 2016

Date Due

Loan Number

Borrower Name

Principal Due

Interest Due

Total Due

Principal Balance

Service Fees

no data

—

—

—

—

—

—

—

—

—

—

—

—

—

TOTALS:

—

—

—

—

—

—

Service Fees due

S/F still due for below loans

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of March 01, 2016 through March 31, 2016

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, 2016 through March 31, 2016

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, 2016

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30101601	AUBURN UNIVERSITY		3		410,000.00		12012018
30104201	CALIFORNIA STATE UNIVERSITY HOUSING BOND		3		643,000.00		11012019
30106904	COLLEGE OF SANTA FE		3		101,000.00		10012018
30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)		3		45,000.00		4012016
30110101	ELIZABETH CITY STATE UNIVERSITY		3		50,000.00		10012017
30110802	FAIRLEIGH DICKINSON UNIV		3		230,000.00		11012017
30112301	GEORGETOWN UNIVERSITY		3		832,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		2,235,000.00		11012020
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		92,756.99		1012017
30116201	LASSEN JUNIOR COLLEGE		3		104,000.00		4012020
30117502	LYNCHBURG COLLEGE		3		115,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		40,000.00		10012016
30119801	MILLSAPS COLLEGE		3		196,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		450,000.00		12012020
30123401	PAINE COLLEGE		3		67,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		806,153.70		1012022
30125506	RIDER COLLEGE		3		57,000.00		5012017
30127402	ST MARY’S SCHOOL		3		108,000.00		6012020
30129101	SIMPSON COLLEGE - BOND 1966		3		24,000.00		7012016
30133201	UNIV STUDENT COOP HOUSING		3		295,000.00		4012019
30136801	UNIVERSITY OF ST THOMAS		3		162,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		220,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		1,560,000.00		6012023
30140503	WITTENBERG UNIVERSITY		3		32,000.00		11012017
	TOTALS:				8,875,910.68

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of March 31, 2016

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 3/31/2016
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of March 31, 2016

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for March 2016

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
20160322	4012016	30116201	LASSEN JUNIOR COLLEGE										25,000.00		1,935.00		—		26,935.00
																			—
																			—
																			—
System Credits 3/22																					26,935.00
System Debits 3/22																					—
Bank Credit 3/1
Bank Debit 3/1
Bank Debit 3/1
Trustee Wire 3/1
20160324	4012016	30137802	VILLANOVA UNIVERSITY										70,000.00		4,350.00		—		74,350.00
																			—
																			—
System Credits 3/24																					74,350.00
System Debits 3/24																					—
Bank Credit 3/23																							26,935.00
Bank Debit 3/23 (service fees)																											402.70
Bank Debit 3/23 (inspection fees)																											270.00
Trustee Wire 3/23																									26,262.30
20160328	4012016	30133201	UNIV STUDENT COOP HOUSING										95,000.00		5,850.00		—		100,850.00
																			—
																			—
System Credits 3/28																					100,850.00
System Debits 3/28																					—
Bank Credit 3/28																							74,350.00
Bank Debit 3/28
Bank Debit 3/28
Trustee Wire 3/28																									74,350.00
																			—
																			—
																			—
System Credits 3/29																					—
System Debits 3/29																					—
Bank Credit 3/29																							100,850.00
Bank Debit 3/29
Bank Debit 3/29
Trustee Wire 3/29																									100,850.00
			TOTALS:		—		—		—		—		190,000.00		12,135.00		—		202,135.00		202,135.00		202,135.00		201,462.30		672.70
Loans Due in Current Period and Paid in Prior Period:
			TOTALS:		—		—		—		—
Loans Due in Current Period Not Yet Paid:
			TOTALS:		—		—		—		—
			GRAND TOTAL:		—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

March-16

Total System Credits @ 3/31		202,135.00
Total Bank Credits @ 3/31		202,135.00
	in transit wire
	in transit credit
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	Direct to Lender payments
	overdraft funding
	overdraft funding
	in transit
		202,135.00
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

March-16

Total Bank Credits @ 3/31		202,135.00
Total Debits to Trustee @ 3/31		201,462.30
3/23/2016	Service Fees	402.70
3/23/2016	Inspection Fees	270.00
	Trust Expense
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	overdraft funding repay
	overdraft funding repay
	payment reversal
	funds movement adjustment
	overdraft funding repay
Adjusted Debits to Trustee		202,135.00
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of April 01, 2016 through April 30, 2016

Collections:
Principal Payments	45,000.00
Interest Payments	6,990.00
Total Principal and Interest Collections	51,990.00
Payments and Reversals Posted to Suspense	—
Total Collections	51,990.00
Less: Servicing Fees (not withheld from remittances)	(478.14	)
Net Collections	51,511.86

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of April 01, 2016 through April 30, 2016

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
4012016		30106904	COLLEGE OF SA		—		1,515.00		1,515.00		101,000.00		37.88
4012016		30108202	DAEMEN COLLEG		45,000.00		675.00		45,675.00		45,000.00		16.88
4012016		30110101	ELIZABETH CIT		—		750.00		750.00		50,000.00		18.75
4012016		30116201	LASSEN JUNIOR		25,000.00		1,935.00		26,935.00		129,000.00		48.38
4012016		30117801	MARIAN COLLEG		—		600.00		600.00		40,000.00		15.00
4012016		30123401	PAINE COLLEGE		—		1,020.00		1,020.00		67,999.99		25.50
4012016		30133201	UNIV STU COOP		95,000.00		5,850.00		100,850.00		390,000.00		146.25
4012016		30136801	UNIVERSITY OF		—		2,430.00		2,430.00		162,000.00		60.75
4012016		30137802	VILLANOVA UNI		70,000.00		4,350.00		74,350.00		290,000.00		108.75
													—
													—
													—
													—
			TOTALS:		235,000.00		19,125.00		254,125.00		1,274,999.99		478.14
													478.14	Service Fees due

S/F still due for below loans

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of April 01, 2016 through April 30, 2016

Loan Number	Payoff Date		Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
30108202		4/1/2016		45,675.00		45,000.00		675.00				4012016
TOTALS:				45,675.00		45,000.00		675.00		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of April 01, 2016 through April 30, 2016

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, 2016

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30101601	AUBURN UNIVERSITY		3		410,000.00		12012018
30104201	CALIFORNIA STATE UNIVERSITY HOUSING BOND		3		643,000.00		11012019
30106904	COLLEGE OF SANTA FE		3		101,000.00		10012018
30110101	ELIZABETH CITY STATE UNIVERSITY		3		50,000.00		10012017
30110802	FAIRLEIGH DICKINSON UNIV		3		230,000.00		11012017
30112301	GEORGETOWN UNIVERSITY		3		832,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		2,235,000.00		11012020
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		92,756.99		1012017
30116201	LASSEN JUNIOR COLLEGE		3		104,000.00		4012020
30117502	LYNCHBURG COLLEGE		3		115,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		40,000.00		10012016
30119801	MILLSAPS COLLEGE		3		196,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		450,000.00		12012020
30123401	PAINE COLLEGE		3		67,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		806,153.70		1012022
30125506	RIDER COLLEGE		3		57,000.00		5012017
30127402	ST MARY’S SCHOOL		3		108,000.00		6012020
30129101	SIMPSON COLLEGE—BOND 1966		3		24,000.00		7012016
30133201	UNIV STUDENT COOP HOUSING		3		295,000.00		4012019
30136801	UNIVERSITY OF ST THOMAS		3		162,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		220,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		1,560,000.00		6012023
30140503	WITTENBERG UNIVERSITY		3		32,000.00		11012017
	TOTALS:				8,830,910.68

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of April 30, 2016

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 4/30/2016
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of April 30, 2016

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for April 2016

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
20160401	0	30101701	AZUSA PACIFIC UNIVERSITY										—		—		56,695.00			56,695.00
20160401	4012016	30106904	COLLEGE OF SANTA FE		—		1,515.00		1,515.00		101,000.00		—		1,515.00		—			1,515.00
20160401	4012016	30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)		45,000.00		675.00		45,675.00		45,000.00		45,000.00		675.00		—			45,675.00
20160401	4012016	30110101	ELIZABETH CITY STATE UNIVERSITY		—		750.00		750.00		50,000.00		—		750.00		—			750.00
20160401	4012016	30117801	MARIAN COLLEGE OF FOND DU LAC		—		600.00		600.00		40,000.00		—		600.00		—			600.00
20160401	0	30123401	PAINE COLLEGE										—		—		1,020.00			1,020.00
20160401	4012016	30136801	UNIVERSITY OF ST THOMAS		—		2,430.00		2,430.00		162,000.00		—		2,430.00		—			2,430.00
System Credits 4/1																							108,685.00
System Debits 4/1																							—
Bank Credit 4/1
Bank Debit 4/1
Bank Debit 4/1
Trustee Wire 4/1
20160404	0	30101701	AZUSA PACIFIC UNIVERSITY										—		—		(56,695.00	)		(56,695.00	)
20160404	0	30133201	UNIV STUDENT COOP HOUSING										—		—		5,850.00			5,850.00
																				—
System Credits 4/4																							5,850.00
System Debits 4/4																							(56,695.00	)
Bank Credit 4/4																										108,685.00
Bank Debit 4/4
Bank Debit 4/4
Trustee Wire 4/4																												108,685.00
20160406	0	30123401	PAINE COLLEGE										—		—		(1,020.00	)		(1,020.00	)
20160406	4012016	30123401	PAINE COLLEGE		—		1,020.00		1,020.00		67,999.99		—		1,003.40		—			1,003.40
20160406	10012016	30123401	PAINE COLLEGE										—		16.60		—			16.60
System Credits 4/6																							1,020.00
System Debits 4/6																							(1,020.00	)
Bank Credit 4/5																										5,850.00
Bank Credit 4/5 (overdraft funding)																										50,845.00
Bank Debit 4/5
Bank Debit 4/5 (payment reversal)																														56,695.00
Trustee Wire 4/5
20160412	0	30133201	UNIV STUDENT COOP HOUSING										—		—		95,000.00			95,000.00
																				—
																				—
System Credits 4/12																							95,000.00
System Debits 4/12																							—
Bank Credit 4/7 (overdraft coverage)																										1,020.00
Bank Debit 4/7
Bank Debit 4/7 (payment reversal)																														1,020.00
Trustee Wire 4/7
20160414	0	30133201	UNIV STUDENT COOP HOUSING										—		—		(100,850.00	)		(100,850.00	)
																				—
																				—
																				—
System Credits 4/14																							—
System Debits 4/14																							(100,850.00	)
Bank Credit 4/13																										95,000.00
Bank Debit 4/15 (overdraft funding recovery)																														50,845.00
Bank Debit 4/13 (inspection fees)																														270.00
Trustee Wire 4/13																												43,885.00
																				—
																				—
																				—
System Credits 4/15																							—
System Debits 4/15																							—
Bank Credit 4/15 (overdraft coverage)																										100,850.00
Bank Debit 4/15 (payment reversal)																														100,850.00
Bank Debit 4/15
Trustee Wire 4/15
			TOTALS:		45,000.00		6,990.00		51,990.00		465,999.99		45,000.00		6,990.00		—			51,990.00			51,990.00			362,250.00		152,570.00		209,680.00
Loans Due in Current Period and Paid in Prior Period:
	4012016	30116201	LASSEN JUNIOR		25,000.00		1,935.00		26,935.00		129,000.00
	4012016	30133201	UNIV STU COOP		95,000.00		5,850.00		100,850.00		390,000.00
	4012016	30137802	VILLANOVA UNI		70,000.00		4,350.00		74,350.00		290,000.00
			TOTALS:		190,000.00		12,135.00		202,135.00		809,000.00
Loans Due in Current Period Not Yet Paid:
			TOTALS:		—		—		—		—
			GRAND TOTAL:		235,000.00		19,125.00		254,125.00		1,274,999.99

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

April-16

Total System Credits @ 4/30		51,990.00
Total Bank Credits @ 4/30		362,250.00
	in transit wire
	in transit credit
4/5/2016	payment reversal	(56,695.00	)
4/7/2016	payment reversal	(1,020.00	)
4/15/2016	payment reversal	(100,850.00	)
	payment reversal
	payment reversal
	payment reversal
	Direct to Lender payments
4/5/2016	overdraft funding	(50,845.00	)
4/15/2016	overdraft funding	(100,850.00	)
	in transit
		51,990.00
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

April-16

Total Bank Credits @ 4/30		362,250.00
Total Debits to Trustee @ 4/30		152,570.00
	Service Fees
4/13/2016	Inspection Fees	270.00
	Trust Expense
4/5/2016	payment reversal	56,695.00
4/7/2016	payment reversal	1,020.00
4/15/2016	payment reversal	100,850.00
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
4/15/2016	overdraft funding repay	50,845.00
	overdraft funding repay
Adjusted Debits to Trustee		362,250.00
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of May 01, 2016 through May 31, 2016

Collections:
Principal Payments	82,000.00
Interest Payments	77,895.00
Total Principal and Interest Collections	159,895.00
Payments and Reversals Posted to Suspense	—
Total Collections	159,895.00
Less: Servicing Fees (not withheld from remittances)	(1,627.52	)
Net Collections	158,267.48

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of May 01, 2016 through May 31, 2016

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
05012016		30104201	CALIFORNIA ST		—		9,645.00		9,645.00		643,000.00		241.13
05012016		30110802	FAIRLEIGH DIC		—		3,450.00		3,450.00		230,000.00		86.25
05012016		30112301	GEORGETOWN UN		—		12,480.00		12,480.00		832,000.00		312.00
05012016		30112302	GEORGETOWN UN		—		44,700.00		44,700.00		2,235,000.00		838.13
05012016		30117502	LYNCHBURG COL		40,000.00		1,725.00		41,725.00		115,000.00		43.13
05012016		30119801	MILLSAPS COLL		—		2,940.00		2,940.00		196,000.00		73.50
05012016		30125506	RIDER COLLEGE		30,000.00		855.00		30,855.00		57,000.00		21.38
05012016		30140503	WITTENBERG UN		—		480.00		480.00		32,000.00		12.00
													—
													—
													—
													—
													—
			TOTALS:		70,000.00		76,275.00		146,275.00		4,340,000.00		1,627.52
													1,627.52	Service Fees due

S/F still due for below loans

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of May 01, 2016 through May 31, 2016

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 May 01, 2016 through May 31, 2016

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, 2016

Loan Number		Borrower Name	Interest Rate		Current UPB		Maturity Date
	30101601	AUBURN UNIVERSITY		3		410,000.00		12012018
	30104201	CALIFORNIA STATE UNIVERSITY HOUSING BOND		3		643,000.00		11012019
	30106904	COLLEGE OF SANTA FE		3		101,000.00		10012018
	30110101	ELIZABETH CITY STATE UNIVERSITY		3		50,000.00		10012017
	30110802	FAIRLEIGH DICKINSON UNIV		3		230,000.00		11012017
	30112301	GEORGETOWN UNIVERSITY		3		832,000.00		11012020
	30112302	GEORGETOWN UNIVERSITY		4		2,235,000.00		11012020
	30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		92,756.99		1012017
	30116201	LASSEN JUNIOR COLLEGE		3		104,000.00		4012020
	30117502	LYNCHBURG COLLEGE		3		75,000.00		5012018
	30117801	MARIAN COLLEGE OF FOND DU LAC		3		40,000.00		10012016
	30119801	MILLSAPS COLLEGE		3		196,000.00		11012021
	30119903	MISSISSIPPI STATE UNIVERSITY		3		450,000.00		12012020
	30123401	PAINE COLLEGE		3		67,999.99		10012016
	30123701	UNIVERSITY OF THE ARTS		3		806,153.67		1012022
	30125506	RIDER COLLEGE		3		27,000.00		5012017
	30127402	ST MARY’S SCHOOL		3		96,000.00		6012020
	30129101	SIMPSON COLLEGE—BOND 1966		3		24,000.00		7012016
	30133201	UNIV STUDENT COOP HOUSING		3		295,000.00		4012019
	30136801	UNIVERSITY OF ST THOMAS		3		162,000.00		10012019
	30137802	VILLANOVA UNIVERSITY		3		220,000.00		4012019
	30137901	VINCENNES UNIVERSITY		3		1,560,000.00		6012023
	30140503	WITTENBERG UNIVERSITY		3		32,000.00		11012017
		TOTALS:				8,748,910.65

Page 1of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of May 31, 2016

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 5/31/2016
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of May 31, 2016

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for May 2016

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
20160502		5012016		30104201	CALIFORNIA STATE UNIVERSITY HOUSING BOND		—		9,645.00		9,645.00		643,000.00		—		9,645.00		—			9,645.00
20160502		5012016		30110802	FAIRLEIGH DICKINSON UNIV		—		3,450.00		3,450.00		230,000.00		—		3,450.00		—			3,450.00
20160502		5012016		30112301	GEORGETOWN UNIVERSITY		—		12,480.00		12,480.00		832,000.00		—		12,480.00		—			12,480.00
20160502		5012016		30112302	GEORGETOWN UNIVERSITY		—		44,700.00		44,700.00		2,235,000.00		—		44,700.00		—			44,700.00
20160502		5012016		30119801	MILLSAPS COLLEGE		—		2,940.00		2,940.00		196,000.00		—		2,940.00		—			2,940.00
20160502		0		30125506	RIDER COLLEGE										—		—		405.00			405.00
20160502		5012016		30140503	WITTENBERG UNIVERSITY		—		480.00		480.00		32,000.00		—		480.00		—			480.00
System Credits 5/2																									74,100.00
System Debits 5/2																									—
Bank Credit 5/2
Bank Debit 5/2
Bank Debit 5/2
Trustee Wire 5/2
20160503		5012016		30117502	LYNCHBURG COLLEGE		40,000.00		1,725.00		41,725.00		115,000.00		40,000.00		1,725.00		—			41,725.00
																						—
																						—
System Credits 5/3																									41,725.00
System Debits 5/3																									—
Bank Credit 5/3																												74,100.00
Bank Debit 5/3
Bank Debit 5/3
Trustee Wire 5/3
20160511		5012016		30125506	RIDER COLLEGE		30,000.00		855.00		30,855.00		57,000.00		30,000.00		855.00		—			30,855.00
20160511		0		30125506	RIDER COLLEGE										—		—		(405.00	)		(405.00	)
20160511		0		30125506	RIDER COLLEGE										—		—		—			—
System Credits 5/11																									30,855.00
System Debits 5/11																									(405.00	)
Bank Credit 5/4																												41,725.00
Bank Debit 5/4
Bank Debit 5/4 (overdraft funding repay)																																	100,850.00
Trustee Wire 5/4																														14,975.00
20160531		6012016		30127402	ST MARY’S SCHOOL										12,000.00		1,620.00		—			13,620.00
																						—
																						—
System Credits 5/31																									13,620.00
System Debits 5/31																									—
Bank Credit 5/12																												30,855.00
Bank Debit 5/12 (Service and Inspection fees)																																	883.14
Bank Debit 5/12 (payment reversal)																																	405.00
Trustee Wire 5/12																														29,566.86
					TOTALS:		70,000.00		76,275.00		146,275.00		4,340,000.00		82,000.00		77,895.00		—			159,895.00			159,895.00			146,680.00		44,541.86			102,138.14
																						159,895.00								(44,541.86	)
Loans Due in Current Period and Paid in Prior Period:
					TOTALS:		—		—		—		—
Loans Due in Current Period Not Yet Paid:
					TOTALS:		—		—		—		—
					GRAND TOTAL:		70,000.00		76,275.00		146,275.00		4,340,000.00

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

May-16

Total System Credits @ 5/31		159,895.00
Total Bank Credits @ 5/31		146,680.00
	in transit wire
	in transit credit
5/12/2016	payment reversal	(405.00	)
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	Direct to Lender payments
	overdraft funding
	overdraft funding
5/31/2016	in transit	13,620.00
		159,895.00
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

May-16

Total Bank Credits @ 5/31		146,680.00
Total Debits to Trustee @ 5/31		44,541.86
5/12/2016	Service Fees	478.14
5/12/2016	Inspection Fees	405.00
	Trust Expense
5/12/2016	payment reversal	405.00
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	overdraft funding repay	100,850.00
	overdraft funding repay
Adjusted Debits to Trustee		146,680.00
		—