SLM Student Loan Trust 2013 4
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 2013-4
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 2013-4 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026
|
| I. |
Deal Parameters
|
|
A
|
Student Loan Portfolio Characteristics
|
08/15/2013
|
12/31/2025
|
01/31/2026
|
|||||||||
|
|
Principal Balance |
$
|
721,402,856.22
|
$
|
126,719,702.82
|
$
|
125,780,061.56
|
||||||
|
|
Interest to be Capitalized Balance |
12,923,603.00
|
1,423,655.39
|
1,581,542.26
|
|||||||||
|
|
Pool Balance |
$
|
734,326,459.22
|
$
|
128,143,358.21
|
$
|
127,361,603.82
|
||||||
|
|
Specified Reserve Account Balance |
3,744,487.00
|
- N/A -
|
- N/A -
|
|||||||||
|
|
Adjusted Pool(1) |
$
|
738,070,946.22
|
$
|
128,143,358.21
|
$
|
127,361,603.82
|
||||||
|
|
Weighted Average Coupon (WAC)
|
6.28%
|
|
6.94%
|
|
6.94%
|
|
||||||
|
|
Number of Loans |
163,648
|
18,619
|
18,377
|
|||||||||
|
|
Aggregate Outstanding Principal Balance - Tbill |
-
|
-
|
||||||||||
|
|
Aggregate Outstanding Principal Balance - SOFR |
$
|
128,143,358.21
|
$
|
127,361,603.82
|
||||||||
|
|
Pool Factor |
0.171109364
|
0.170065490
|
||||||||||
|
|
Since Issued Constant Prepayment Rate |
(68.09)%
|
|
(69.07)%
|
|
||||||||
(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
|
|||||||
| A |
|
78448AAA1
|
$
|
106,261,924.63
|
$
|
105,487,987.78
|
|||||
| B |
|
78448AAD5
|
$
|
20,600,000.00
|
$
|
20,600,000.00
|
|||||
|
C
|
Account Balances
|
01/26/2026
|
02/25/2026
|
||||||
|
|
Reserve Account Balance |
$
|
748,897.00
|
$
|
748,897.00
|
||||
|
|
Capitalized Interest Account Balance |
-
|
-
|
||||||
|
|
Floor Income Rebate Account |
$
|
117,968.18
|
$
|
206,948.07
|
||||
|
|
Supplemental Loan Purchase Account |
-
|
-
|
||||||
|
D
|
Asset / Liability
|
01/26/2026
|
02/25/2026
|
||||||
|
|
Adjusted Pool Balance + Supplemental Loan Purchase |
$
|
128,143,358.21
|
$
|
127,361,603.82
|
||||
|
|
Total Notes |
$
|
126,861,924.63
|
$
|
126,087,987.78
|
||||
|
|
Difference |
$
|
1,281,433.58
|
$
|
1,273,616.04
|
||||
|
|
Parity Ratio |
1.01010
|
1.01010
|
||||||
|
Page 2 of 9
|
Trust 2013-4 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
|
301,654.30
|
||||
|
Guarantor Principal
|
1,020,526.95
|
||||
|
Consolidation Activity Principal
|
220,396.56
|
||||
|
Seller Principal Reimbursement
|
-
|
||||
|
Servicer Principal Reimbursement
|
-
|
||||
|
Rejected Claim Repurchased Principal
|
-
|
||||
|
Other Principal Deposits
|
-
|
||||
|
Total Principal Receipts
|
$
|
1,542,577.81
|
|||
|
B |
Student Loan Interest Receipts
|
||||
|
Borrower Interest
|
184,914.43
|
||||
|
Guarantor Interest
|
37,085.04
|
||||
|
Consolidation Activity Interest
|
6,218.54
|
||||
|
Special Allowance Payments
|
0.00
|
||||
|
Interest Subsidy Payments
|
0.00
|
||||
|
Seller Interest Reimbursement
|
0.00
|
||||
|
Servicer Interest Reimbursement
|
(18.89)
|
|
|||
|
Rejected Claim Repurchased Interest
|
0.00
|
||||
|
Other Interest Deposits
|
10,557.50
|
||||
|
Total Interest Receipts
|
$
|
238,756.62
|
|||
| C |
Reserves in Excess of Requirement
|
|
-
|
||
| D |
Investment Income
|
$
|
10,339.76
|
||
|
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
|
$
|
(88,979.89)
|
|
||
|
M
|
AVAILABLE FUNDS
|
$
|
1,702,694.30
|
||
|
N
|
Non-Cash Principal Activity During Collection Period
|
$
|
(602,936.55)
|
|
|
|
O
|
Non-Reimbursable Losses During Collection Period
|
$
|
26,836.55
|
||
|
P
|
Aggregate Purchased Amounts by the Depositor, Servicer or Seller
|
|
-
|
||
|
Q
|
Aggregate Loan Substitutions
|
-
|
|||
|
Page 3 of 9
|
Trust 2013-4 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026
|
| III. |
2013-4 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
|
6.77%
|
|
18
|
$
|
153,417.00
|
0.122%
|
|
6.77%
|
|
18
|
$
|
153,417.00
|
0.121%
|
|
||||||||||||||||||
|
|
DEFERMENT |
6.76%
|
|
999
|
$
|
6,872,226.39
|
5.464%
|
|
6.77%
|
|
1,009
|
$
|
7,072,299.42
|
5.581%
|
|
||||||||||||||||||
|
REPAYMENT:
|
CURRENT
|
6.94%
|
|
12,694
|
$
|
80,365,598.85
|
63.894%
|
|
6.94%
|
|
12,676
|
$
|
78,953,316.97
|
62.305%
|
|
||||||||||||||||||
|
|
31-60 DAYS DELINQUENT |
6.93%
|
|
593
|
$
|
4,377,442.47
|
3.480%
|
|
6.99%
|
|
651
|
$
|
5,324,244.18
|
4.202%
|
|
||||||||||||||||||
|
|
61-90 DAYS DELINQUENT |
7.11%
|
|
388
|
$
|
3,405,505.77
|
2.708%
|
|
6.92%
|
|
437
|
$
|
3,633,646.32
|
2.867%
|
|
||||||||||||||||||
|
|
91-120 DAYS DELINQUENT |
6.87%
|
|
298
|
$
|
2,312,106.61
|
1.838%
|
|
7.04%
|
|
236
|
$
|
2,145,424.52
|
1.693%
|
|
||||||||||||||||||
|
|
> 120 DAYS DELINQUENT |
6.92%
|
|
971
|
$
|
7,859,772.77
|
6.249%
|
|
6.87%
|
|
1,238
|
$
|
9,539,033.24
|
7.528%
|
|
||||||||||||||||||
|
|
FORBEARANCE |
7.00%
|
|
2,075
|
$
|
17,874,305.08
|
14.211%
|
|
7.01%
|
|
2,093
|
$
|
17,763,477.90
|
14.018%
|
|
||||||||||||||||||
|
|
CLAIMS IN PROCESS |
6.81%
|
|
341
|
$
|
2,559,686.62
|
2.035%
|
|
6.87%
|
|
261
|
$
|
2,134,843.27
|
1.685%
|
|
||||||||||||||||||
|
TOTAL
|
18,377
|
$
|
125,780,061.56
|
100.00%
|
|
18,619
|
$
|
126,719,702.82
|
100.00%
|
|
|||||||||||||||||||||||
* Percentages may not total 100% due to rounding
|
Page 4 of 9
|
Trust 2013-4 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026
|
| IV. |
2013-4 Portfolio Characteristics (cont'd)
|
|
01/31/2026
|
12/31/2025
|
|||||||
|
Pool Balance
|
$
|
127,361,603.82
|
$
|
128,143,358.21
|
||||
|
Outstanding Borrower Accrued Interest
|
$
|
6,801,723.13
|
$
|
6,943,324.64
|
||||
|
Borrower Accrued Interest to be Capitalized
|
$
|
1,581,542.26
|
$
|
1,423,655.39
|
||||
|
Borrower Accrued Interest >30 Days Delinquent
|
$
|
689,883.88
|
$
|
761,946.34
|
||||
|
Total # Loans
|
18,377
|
18,619
|
||||||
|
Total # Borrowers
|
5,838
|
5,910
|
||||||
|
Weighted Average Coupon
|
6.94%
|
|
6.94%
|
|
||||
|
Weighted Average Remaining Term
|
196.79
|
195.49
|
||||||
|
Non-Reimbursable Losses
|
$
|
26,836.55
|
$
|
28,825.33
|
||||
|
Cumulative Non-Reimbursable Losses
|
$
|
2,807,227.09
|
$
|
2,780,390.54
|
||||
|
Since Issued Constant Prepayment Rate (CPR)
|
-69.07 %
|
|
-68.09 %
|
|
||||
|
Loan Substitutions
|
-
|
-
|
||||||
|
Cumulative Loan Substitutions
|
-
|
-
|
||||||
|
Rejected Claim Repurchases
|
-
|
-
|
||||||
|
Cumulative Rejected Claim Repurchases
|
$
|
145,788.07
|
$
|
145,788.07
|
||||
|
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
|
$
|
628,230.91
|
$
|
420,822.99
|
||||
|
Borrower Interest Accrued
|
$
|
714,934.85
|
$
|
721,016.74
|
||||
|
Interest Subsidy Payments Accrued
|
$
|
22,180.36
|
$
|
23,020.96
|
||||
|
Special Allowance Payments Accrued
|
$
|
23,473.11
|
$
|
22,682.71
|
||||
|
Page 5 of 9
|
Trust 2013-4 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026
|
| V. |
2013-4 Portfolio Statistics by School and Program
|
|
A
|
LOAN TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
%*
|
|
|||||||||||
|
|
- GSL (1) - Subsidized |
6.74%
|
|
9,827
|
46,186,378.06
|
36.720%
|
|
||||||||||
|
|
- GSL - Unsubsidized |
6.77%
|
|
8,041
|
66,157,375.87
|
52.598%
|
|
||||||||||
|
|
- PLUS (2) Loans |
8.47%
|
|
509
|
13,436,307.63
|
10.682%
|
|
||||||||||
|
|
- SLS (3) Loans |
0.00%
|
|
0
|
-
|
0.000%
|
|
||||||||||
|
|
- Consolidation Loans |
0.00%
|
|
0
|
-
|
0.000%
|
|
||||||||||
|
|
Total |
6.94%
|
|
18,377
|
$
|
125,780,061.56
|
100.000%
|
|
|||||||||
|
B
|
SCHOOL TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
%*
|
|
|||||||||||
|
|
- Four Year |
6.95%
|
|
16,169
|
116,000,452.63
|
92.225%
|
|
||||||||||
|
|
- Two Year |
6.78%
|
|
1,785
|
7,843,773.74
|
6.236%
|
|
||||||||||
|
|
- Technical |
6.82%
|
|
423
|
1,935,835.19
|
1.539%
|
|
||||||||||
|
|
- Other |
0.00%
|
|
0
|
-
|
0.000%
|
|
||||||||||
|
|
Total |
6.94%
|
|
18,377
|
$
|
125,780,061.56
|
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 2013-4 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026
|
| VI. |
2013-4 Waterfall for Distributions
|
|
Paid
|
Remaining
Funds Balance
|
||||||||
|
Total Available Funds
|
$
|
1,702,694.30
|
|||||||
|
A |
Trustee Fees |
- |
$ |
1,702,694.30 |
|||||
| B |
Primary Servicing Fee
|
$
|
29,950.05
|
$
|
1,672,744.25
|
||||
| C |
Administration Fee
|
$
|
6,667.00
|
$
|
1,666,077.25
|
||||
| D |
Class A Noteholders' Interest Distribution Amount
|
$
|
386,240.84
|
$
|
1,279,836.41
|
||||
| E |
Class B Noteholders' Interest Distribution Amount
|
$
|
91,185.21
|
$
|
1,188,651.20
|
||||
|
F
|
Reserve Account Reinstatement
|
-
|
$
|
1,188,651.20
|
|||||
|
G
|
Class A Noteholders' Principal Distribution Amount
|
$
|
773,936.85
|
$ |
414,714.35
|
||||
|
H
|
Class B Noteholders' Principal Distribution Amount
|
-
|
$ |
414,714.35
|
|||||
|
I
|
Unpaid Expenses of The Trustees
|
-
|
$ |
414,714.35
|
|||||
|
J
|
Carryover Servicing Fee
|
-
|
$ |
414,714.35
|
|||||
|
K
|
Remaining Amounts to the Noteholders after the first auction date
|
-
|
$ |
414,714.35
|
|||||
|
L
|
Excess Distribution Certificateholder
|
$ |
414,714.35
|
-
|
|||||
|
Waterfall Triggers
|
|||||
| A |
Student Loan Principal Outstanding
|
$
|
125,780,061.56
|
||
| B |
Interest to be Capitalized
|
$
|
1,581,542.26
|
||
| C |
Capitalized Interest Account Balance
|
-
|
|||
| D |
Reserve Account Balance (after any reinstatement)
|
$
|
748,897.00
|
||
|
E
|
Less: Specified Reserve Account Balance
|
$
|
(748,897.00)
|
|
|
|
F
|
Total
|
$
|
127,361,603.82
|
||
|
G
|
Class A Notes Outstanding (after application of available funds)
|
$
|
105,487,987.78
|
||
|
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 2013-4 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026
|
| VII. |
2013-4 Distributions
|
Distribution Amounts
| A |
|
B |
|
|||||
|
Cusip/Isin
|
78448AAA1
|
78448AAD5
|
||||||
|
Beginning Balance
|
$
|
106,261,924.63
|
$
|
20,600,000.00
|
||||
|
Index
|
SOFR
|
SOFR
|
||||||
|
Spread/Fixed Rate
|
0.55%
|
|
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*
|
4.36176%
|
|
5.31176%
|
|
||||
|
Accrued Interest Factor
|
0.003634800
|
0.004426467
|
||||||
|
Current Interest Due
|
$
|
386,240.84
|
$
|
91,185.21
|
||||
|
Interest Shortfall from Prior Period Plus Accrued Interest
|
-
|
-
|
||||||
|
Total Interest Due
|
$
|
386,240.84
|
$
|
91,185.21
|
||||
|
Interest Paid
|
$
|
386,240.84
|
$
|
91,185.21
|
||||
|
Interest Shortfall
|
-
|
-
|
||||||
|
Principal Paid
|
$
|
773,936.85
|
-
|
|||||
|
Ending Principal Balance
|
$
|
105,487,987.78
|
$
|
20,600,000.00
|
||||
|
Paydown Factor
|
0.001066029
|
0.000000000
|
||||||
|
Ending Balance Factor
|
0.145300259
|
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 2013-4 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026
|
| VIII. |
2013-4 Reconciliations
|
|
A
|
Principal Distribution Reconciliation
|
||||
|
|
Notes Outstanding Principal Balance |
$
|
126,861,924.63
|
||
|
|
Adjusted Pool Balance |
$
|
127,361,603.82
|
||
|
|
Overcollateralization Amount |
$
|
1,273,616.04
|
||
|
|
Principal Distribution Amount |
$
|
773,936.85
|
||
|
|
Principal Distribution Amount Paid |
$
|
773,936.85
|
||
|
B
|
Reserve Account Reconciliation
|
||||
|
|
Beginning Period Balance |
$
|
748,897.00
|
||
|
|
Reserve Funds Utilized |
0.00
|
|||
|
|
Reserve Funds Reinstated |
0.00
|
|||
|
|
Balance Available |
$
|
748,897.00
|
||
|
|
Required Reserve Acct Balance |
$
|
748,897.00
|
||
|
|
Release to Collection Account |
|
-
|
||
|
|
Ending Reserve Account Balance |
$
|
748,897.00
|
||
|
C
|
Floor Income Rebate Account
|
||||
|
|
Beginning Period Balance |
$
|
117,968.18
|
||
|
|
Deposits for the Period |
$
|
88,979.89
|
||
|
|
Release to Collection Account |
|
-
|
|
|
|
|
Ending Balance |
$
|
206,948.07
|
||
|
D
|
Supplemental Purchase Account
|
||||
|
|
Beginning Period Balance |
-
|
|||
|
|
Supplemental Loan Purchases |
-
|
|||
|
|
Transfers to Collection Account |
-
|
|||
|
|
Ending Balance |
-
|
|||
|
Page 9 of 9
|
Trust 2013-4 Monthly Servicing Report: Collection Period 01/01/2026 - 01/31/2026, Distribution Date 02/25/2026
|
SLM Student Loan Trust 2013 4 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]