SLM Student Loan Trust 2013-3
03/10/2026 | Press release | Distributed by Public on 03/10/2026 07:52
Asset-Backed Issuer Distribution Report (Form 10-D)
SLM Student Loan Trust 2013-3
Monthly Servicing Report
Distribution Date 02/25/2026
Collection Period 01/01/2026 - 01/31/2026
Navient Funding, LLC - Depositor
Navient Solutions - Master Servicer and Administrator
Deutsche Bank National Trust Company - Indenture Trustee
Deutsche Bank Trust Company Americas - Eligible Lender Trustee
Navient Funding - Excess Distribution Certificateholder
|
Page 1 of 9
|
Trust 2013-3 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026 |
| I. |
Deal Parameters
|
|
A
|
Student Loan Portfolio Characteristics
|
06/20/2013
|
12/31/2025
|
01/31/2026
|
|||||||||
|
Principal Balance
|
$
|
1,205,799,342.60
|
$
|
249,225,288.11
|
$
|
248,081,342.25
|
|||||||
|
Interest to be Capitalized Balance
|
25,233,370.46
|
2,858,684.72
|
2,882,321.64
|
||||||||||
|
Pool Balance
|
$
|
1,231,032,713.06
|
$
|
252,083,972.83
|
$
|
250,963,663.89
|
|||||||
|
Specified Reserve Account Balance
|
6,249,953.00
|
- N/A -
|
- N/A -
|
||||||||||
|
Adjusted Pool(1)
|
$
|
1,237,282,666.06
|
$
|
252,083,972.83
|
$
|
250,963,663.89
|
|||||||
|
Weighted Average Coupon (WAC)
|
6.58%
|
|
6.86%
|
|
6.86%
|
|
|||||||
|
Number of Loans
|
277,088
|
35,913
|
35,552
|
||||||||||
|
Aggregate Outstanding Principal Balance - Tbill
|
$
|
506,721.45
|
$
|
507,105.30
|
|||||||||
|
Aggregate Outstanding Principal Balance - SOFR
|
$
|
251,577,251.38
|
$
|
250,456,558.59
|
|||||||||
|
Pool Factor
|
0.201668679
|
0.200772425
|
|||||||||||
|
Since Issued Constant Prepayment Rate
|
(82.09)%
|
|
(83.19)%
|
|
|||||||||
|
(1)
|
The Specified Reserve Account balance is included in the Adjusted Pool until the Pool Balance is less than or equal to 40% of the original pool.
|
|
B
|
Debt Securities
|
Cusip/Isin
|
01/26/2026
|
02/25/2026
|
||||||
|
A3
|
78447YAC6
|
$
|
214,563,133.10
|
$
|
213,454,027.25
|
|||||
|
B
|
78447YAD4
|
$
|
35,000,000.00
|
$
|
35,000,000.00
|
|||||
|
C
|
Account Balances
|
01/26/2026
|
02/25/2026
|
||||||
|
Reserve Account Balance
|
$
|
1,249,991.00
|
$
|
1,249,991.00
|
|||||
|
Capitalized Interest Account Balance
|
-
|
-
|
|||||||
|
Floor Income Rebate Account
|
$
|
237,552.47
|
$
|
419,956.95
|
|||||
|
Supplemental Loan Purchase Account
|
-
|
-
|
|||||||
|
D
|
Asset / Liability
|
01/26/2026
|
02/25/2026
|
||||||
|
Adjusted Pool Balance + Supplemental Loan Purchase
|
$
|
252,083,972.83
|
$
|
250,963,663.89
|
|||||
|
Total Notes
|
$
|
249,563,133.10
|
$
|
248,454,027.25
|
|||||
|
Difference
|
$
|
2,520,839.73
|
$
|
2,509,636.64
|
|||||
|
Parity Ratio
|
1.01010
|
1.01010
|
|||||||
|
Page 2 of 9
|
Trust 2013-3 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026 |
| II. |
Trust Activity 01/01/2026 through 01/31/2026
|
|
A
|
Student Loan Principal Receipts
|
||||
|
Borrower Principal
|
531,826.96
|
||||
|
Guarantor Principal
|
1,094,241.43
|
||||
|
Consolidation Activity Principal
|
494,213.12
|
||||
|
Seller Principal Reimbursement
|
-
|
||||
|
Servicer Principal Reimbursement
|
-
|
||||
|
Rejected Claim Repurchased Principal
|
-
|
||||
|
Other Principal Deposits
|
-
|
||||
|
Total Principal Receipts
|
$
|
2,120,281.51
|
|||
|
B
|
Student Loan Interest Receipts
|
||||
|
Borrower Interest
|
314,992.08
|
||||
|
Guarantor Interest
|
45,202.84
|
||||
|
Consolidation Activity Interest
|
19,621.19
|
||||
|
Special Allowance Payments
|
0.00
|
||||
|
Interest Subsidy Payments
|
0.00
|
||||
|
Seller Interest Reimbursement
|
0.00
|
||||
|
Servicer Interest Reimbursement
|
16.98
|
||||
|
Rejected Claim Repurchased Interest
|
0.00
|
||||
|
Other Interest Deposits
|
14,007.44
|
||||
|
Total Interest Receipts
|
$
|
393,840.53
|
|||
|
C
|
Reserves in Excess of Requirement
|
|
-
|
||
|
D
|
Investment Income
|
$
|
17,292.55
|
||
|
E
|
Funds Borrowed from Next Collection Period
|
-
|
|||
|
F
|
Funds Repaid from Prior Collection Period
|
-
|
|||
|
G
|
Loan Sale or Purchase Proceeds
|
-
|
|||
|
H
|
Initial Deposits to Collection Account
|
-
|
|||
|
I
|
Excess Transferred from Other Accounts
|
|
-
|
||
|
J
|
Other Deposits
|
-
|
|||
|
K
|
Funds Released from Capitalized Interest Account
|
-
|
|||
|
L
|
Less: Funds Previously Remitted:
|
||||
|
Servicing Fees to Servicer
|
-
|
||||
|
Consolidation Loan Rebate Fees to Dept. of Education
|
-
|
||||
|
Floor Income Rebate Fees to Dept. of Education
|
|
-
|
|||
|
Funds Allocated to the Floor Income Rebate Account
|
$
|
(182,404.48)
|
|||
|
M
|
AVAILABLE FUNDS
|
$
|
2,349,010.11
|
||
|
N
|
Non-Cash Principal Activity During Collection Period
|
$
|
(976,335.65)
|
||
|
O
|
Non-Reimbursable Losses During Collection Period
|
$
|
22,508.94
|
||
|
P
|
Aggregate Purchased Amounts by the Depositor, Servicer or Seller
|
|
-
|
||
|
Q
|
Aggregate Loan Substitutions
|
-
|
|||
|
Page 3 of 9
|
Trust 2013-3 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026 |
| III. |
2013-3 Portfolio Characteristics
|
|
01/31/2026
|
12/31/2025
|
|||||||||||||||||||||||||||||||||
|
Wtd Avg
Coupon
|
# Loans
|
Principal
|
% of
Principal
|
Wtd Avg
Coupon
|
# Loans
|
Principal
|
% of
Principal
|
|||||||||||||||||||||||||||
|
INTERIM:
|
IN SCHOOL
|
6.76%
|
|
36
|
$
|
197,777.10
|
0.080%
|
|
6.76%
|
|
36
|
$
|
197,777.10
|
0.079%
|
|
|||||||||||||||||||
|
|
GRACE |
6.80%
|
|
2
|
$
|
8,500.00
|
0.003%
|
|
6.75%
|
|
5
|
$
|
20,160.46
|
0.008%
|
|
|||||||||||||||||||
|
|
DEFERMENT
|
6.71%
|
|
2,110
|
$
|
14,485,615.88
|
5.839%
|
|
6.71%
|
|
2,126
|
$
|
14,622,731.29
|
5.867%
|
|
|||||||||||||||||||
|
|
||||||||||||||||||||||||||||||||||
|
REPAYMENT:
|
CURRENT
|
6.86%
|
|
23,846
|
$
|
153,217,022.35
|
61.761%
|
|
6.86%
|
|
23,819
|
$
|
152,424,988.82
|
61.160%
|
|
|||||||||||||||||||
|
|
31-60 DAYS DELINQUENT
|
6.83%
|
|
1,203
|
$
|
9,722,295.75
|
3.919%
|
|
6.90%
|
|
1,411
|
$
|
11,656,039.64
|
4.677%
|
|
|||||||||||||||||||
|
|
61-90 DAYS DELINQUENT
|
6.96%
|
|
915
|
$
|
7,787,975.37
|
3.139%
|
|
6.86%
|
|
956
|
$
|
7,902,898.20
|
3.171%
|
|
|||||||||||||||||||
|
|
91-120 DAYS DELINQUENT
|
6.80%
|
|
603
|
$
|
5,125,088.12
|
2.066%
|
|
6.82%
|
|
660
|
$
|
5,469,329.68
|
2.195%
|
|
|||||||||||||||||||
|
|
> 120 DAYS DELINQUENT
|
6.86%
|
|
1,970
|
$
|
16,250,914.71
|
6.551%
|
|
6.88%
|
|
2,223
|
$
|
18,314,146.14
|
7.348%
|
|
|||||||||||||||||||
|
|
FORBEARANCE
|
6.88%
|
|
4,346
|
$
|
36,479,225.91
|
14.705%
|
|
6.88%
|
|
4,296
|
$
|
35,502,704.72
|
14.245%
|
|
|||||||||||||||||||
|
|
CLAIMS IN PROCESS
|
6.95%
|
|
521
|
$
|
4,806,927.06
|
1.938%
|
|
6.94%
|
|
381
|
$
|
3,114,512.06
|
1.250%
|
|
|||||||||||||||||||
|
TOTAL
|
35,552
|
$
|
248,081,342.25
|
100.00%
|
|
35,913
|
$
|
249,225,288.11
|
100.00%
|
|
||||||||||||||||||||||||
* Percentages may not total 100% due to rounding
|
Page 4 of 9
|
Trust 2013-3 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026 |
| IV. |
2013-3 Portfolio Characteristics (cont'd)
|
|
01/31/2026
|
12/31/2025
|
|||||||
|
Pool Balance
|
$
|
250,963,663.89
|
$
|
252,083,972.83
|
||||
|
Outstanding Borrower Accrued Interest
|
$
|
12,528,005.23
|
$
|
12,516,794.31
|
||||
|
Borrower Accrued Interest to be Capitalized
|
$
|
2,882,321.64
|
$
|
2,858,684.72
|
||||
|
Borrower Accrued Interest >30 Days Delinquent
|
$
|
1,487,201.78
|
$
|
1,573,367.32
|
||||
|
Total # Loans
|
35,552
|
35,913
|
||||||
|
Total # Borrowers
|
14,676
|
14,824
|
||||||
|
Weighted Average Coupon
|
6.86%
|
|
6.86%
|
|
||||
|
Weighted Average Remaining Term
|
202.04
|
201.32
|
||||||
|
Non-Reimbursable Losses
|
$
|
22,508.94
|
$
|
62,751.34
|
||||
|
Cumulative Non-Reimbursable Losses
|
$
|
6,531,293.34
|
$
|
6,508,784.40
|
||||
|
Since Issued Constant Prepayment Rate (CPR)
|
-83.19 %
|
|
-82.09 %
|
|
||||
|
Loan Substitutions
|
-
|
-
|
||||||
|
Cumulative Loan Substitutions
|
-
|
-
|
||||||
|
Rejected Claim Repurchases
|
-
|
-
|
||||||
|
Cumulative Rejected Claim Repurchases
|
$
|
587,377.65
|
$
|
587,377.65
|
||||
|
Unpaid Primary Servicing Fees
|
-
|
-
|
||||||
|
Unpaid Administration Fees
|
-
|
-
|
||||||
|
Unpaid Carryover Servicing Fees
|
-
|
-
|
||||||
|
Note Principal Shortfall
|
-
|
-
|
||||||
|
Note Interest Shortfall
|
-
|
-
|
||||||
|
Unpaid Interest Carryover
|
-
|
-
|
||||||
|
Non-Cash Principal Activity - Capitalized Interest
|
$
|
998,554.10
|
$
|
991,284.53
|
||||
|
Borrower Interest Accrued
|
$
|
1,389,080.82
|
$
|
1,396,729.24
|
||||
|
Interest Subsidy Payments Accrued
|
$
|
50,042.70
|
$
|
50,359.63
|
||||
|
Special Allowance Payments Accrued
|
$
|
40,020.89
|
$
|
38,947.32
|
||||
|
Page 5 of 9
|
Trust 2013-3 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026 |
| V. |
2013-3 Portfolio Statistics by School and Program
|
|
A
|
LOAN TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
% *
|
||||||||||||
|
- GSL (1) - Subsidized
|
6.74%
|
|
18,852
|
96,084,404.79
|
38.731%
|
|
|||||||||||
|
- GSL - Unsubsidized
|
6.78%
|
|
|
16,020
|
138,659,979.03
|
55.893%
|
|
||||||||||
|
- PLUS (2) Loans
|
8.46%
|
|
680
|
13,336,958.43
|
5.376%
|
|
|||||||||||
|
- SLS (3) Loans
|
0.00%
|
|
0
|
-
|
0.000%
|
|
|||||||||||
|
- Consolidation Loans
|
0.00%
|
|
0
|
-
|
0.000%
|
|
|||||||||||
|
Total
|
6.86%
|
|
35,552
|
$
|
248,081,342.25
|
100.000%
|
|
||||||||||
|
B
|
SCHOOL TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
% *
|
||||||||||||
|
- Four Year
|
6.86%
|
|
30,431
|
220,798,068.14
|
89.002%
|
|
|||||||||||
|
- Two Year
|
6.84%
|
|
4,259
|
22,606,385.61
|
9.112%
|
|
|||||||||||
|
- Technical
|
6.81%
|
|
829
|
4,519,570.60
|
1.822%
|
|
|||||||||||
|
- Other
|
6.75%
|
|
33
|
157,317.90
|
0.063%
|
|
|||||||||||
|
Total
|
6.86%
|
|
35,552
|
$
|
248,081,342.25
|
100.000%
|
|
||||||||||
*Percentages may not total 100% due to rounding.
| (1) |
Guaranteed Stafford Loan
|
| (2) |
Parent Loans for Undergraduate Students
|
| (3) |
Supplemental Loans to Students. The Unsubsidized Stafford Loan program replaced the SLS program on July 1, 1994.
|
|
Page 6 of 9
|
Trust 2013-3 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026 |
| VI. |
2013-3 Waterfall for Distributions
|
|
Paid
|
Remaining
Funds Balance |
||||||||
|
Total Available Funds
|
$
|
2,349,010.11
|
|||||||
|
A |
Trustee Fees |
- |
$ |
2,349,010.11 |
|||||
|
B
|
Primary Servicing Fee
|
$
|
75,422.04
|
$
|
2,273,588.07
|
||||
|
C
|
Administration Fee
|
$
|
6,667.00
|
$
|
2,266,921.07
|
||||
|
D
|
Class A Noteholders' Interest Distribution Amount
|
$
|
770,953.95
|
$
|
1,495,967.12
|
||||
|
E
|
Class B Noteholders' Interest Distribution Amount
|
$
|
154,926.33
|
$
|
1,341,040.79
|
||||
|
F
|
Reserve Account Reinstatement
|
-
|
$
|
1,341,040.79
|
|||||
|
G
|
Class A Noteholders' Principal Distribution Amount
|
$
|
1,109,105.85
|
$
|
231,934.94
|
||||
|
H
|
Class B Noteholders' Principal Distribution Amount
|
-
|
$
|
231,934.94
|
|||||
|
I
|
Unpaid Expenses of The Trustees
|
-
|
$
|
231,934.94
|
|||||
|
J
|
Carryover Servicing Fee
|
-
|
$
|
231,934.94
|
|||||
|
K
|
Remaining Amounts to the Noteholders after the first auction date
|
-
|
$
|
231,934.94
|
|||||
|
L
|
Excess Distribution Certificateholder
|
$
|
231,934.94 |
|
-
|
||||
|
Waterfall Triggers
|
|||||
|
A
|
Student Loan Principal Outstanding
|
$
|
248,081,342.25
|
||
|
B
|
Interest to be Capitalized
|
$
|
2,882,321.64
|
||
|
C
|
Capitalized Interest Account Balance
|
-
|
|||
|
D
|
Reserve Account Balance (after any reinstatement)
|
$
|
1,249,991.00
|
||
|
E
|
Less: Specified Reserve Account Balance
|
$
|
(1,249,991.00)
|
||
|
F
|
Total
|
$
|
250,963,663.89
|
||
|
G
|
Class A Notes Outstanding (after application of available funds)
|
$
|
213,454,027.25
|
||
|
H
|
Insolvency Event or Event of Default Under Indenture
|
N
|
|||
|
I
|
Available Funds Applied to Class A Noteholders' Distribution Amount Before Any Amounts are Applied to the Class B Noteholders' Distribution Amount (G>F or H=Y)
|
N
|
|||
|
Page 7 of 9
|
Trust 2013-3 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026 |
| VII. |
2013-3 Distributions
|
Distribution Amounts
|
A3
|
B
|
|||||||
|
Cusip/Isin
|
78447YAC6
|
78447YAD4
|
||||||
|
Beginning Balance
|
$
|
214,563,133.10
|
$
|
35,000,000.00
|
||||
|
Index
|
SOFR
|
SOFR
|
||||||
|
Spread/Fixed Rate
|
0.50%
|
|
1.50%
|
|
||||
|
Record Date (Days Prior to Distribution)
|
1 NEW YORK BUSINESS DAY
|
1 NEW YORK BUSINESS DAY
|
||||||
|
Accrual Period Begin
|
1/26/2026
|
1/26/2026
|
||||||
|
Accrual Period End
|
2/25/2026
|
2/25/2026
|
||||||
|
Daycount Fraction
|
0.08333333
|
0.08333333
|
||||||
|
Interest Rate*
|
4.31176%
|
|
5.31176%
|
|
||||
|
Accrued Interest Factor
|
0.003593133
|
0.004426467
|
||||||
|
Current Interest Due
|
$
|
770,953.95
|
$
|
154,926.33
|
||||
|
Interest Shortfall from Prior Period Plus Accrued Interest
|
-
|
-
|
||||||
|
Total Interest Due
|
$
|
770,953.95
|
$
|
154,926.33
|
||||
|
Interest Paid
|
$
|
770,953.95
|
$
|
154,926.33
|
||||
|
Interest Shortfall
|
-
|
-
|
||||||
|
Principal Paid
|
$
|
1,109,105.85
|
-
|
|||||
|
Ending Principal Balance
|
$
|
213,454,027.25
|
$
|
35,000,000.00
|
||||
|
Paydown Factor
|
0.001749378
|
0.000000000
|
||||||
|
Ending Balance Factor
|
0.336678276
|
1.000000000
|
||||||
* Pay rates for Current Distribution. For the interest rates applicable to the next distribution date, please see https://images.navient.com/investors/data/abrate.txt.
|
Page 8 of 9
|
Trust 2013-3 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026 |
| VIII. |
2013-3 Reconciliations
|
|
A
|
Principal Distribution Reconciliation
|
||||
|
Notes Outstanding Principal Balance
|
$
|
249,563,133.10
|
|||
|
Adjusted Pool Balance
|
$
|
250,963,663.89
|
|||
|
Overcollateralization Amount
|
$
|
2,509,636.64
|
|||
|
Principal Distribution Amount
|
$
|
1,109,105.85
|
|||
|
Principal Distribution Amount Paid
|
$
|
1,109,105.85
|
|||
|
B
|
Reserve Account Reconciliation
|
||||
|
Beginning Period Balance
|
$
|
1,249,991.00
|
|||
|
Reserve Funds Utilized
|
0.00
|
||||
|
Reserve Funds Reinstated
|
0.00
|
||||
|
Balance Available
|
$
|
1,249,991.00
|
|||
|
Required Reserve Acct Balance
|
$
|
1,249,991.00
|
|||
|
Release to Collection Account
|
|
-
|
|||
|
Ending Reserve Account Balance
|
$
|
1,249,991.00
|
|||
|
C
|
Floor Income Rebate Account
|
||||
|
Beginning Period Balance
|
$
|
237,552.47
|
|||
|
Deposits for the Period
|
$
|
182,404.48
|
|||
|
Release to Collection Account
|
|
-
|
|||
|
Ending Balance
|
$
|
419,956.95
|
|||
|
D
|
Supplemental Purchase Account
|
||||
|
Beginning Period Balance
|
-
|
||||
|
Supplemental Loan Purchases
|
-
|
||||
|
Transfers to Collection Account
|
-
|
||||
|
Ending Balance
|
-
|
||||
|
Page 9 of 9
|
Trust 2013-3 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026 |
SLM Student Loan Trust 2013-3 published this content on March 10, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 10, 2026 at 13:52 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]