The National Collegiate Student Loan Trust 2004-2 NCF Grantor Trust 2004-2 $ 290,569,000 Class A-1 Floating Rate Student Loan Asset Backed Notes $ 149,830,000 Class A-2 Floating Rate Student Loan Asset Backed Notes $ 187,338,000 Class A-3 Floating Rate Student Loan Asset Backed Notes $ 194,695,000 Class A-4 Floating Rate Student Loan Asset Backed Notes $ 187,757,000 Class A-5-1 Floating Rate Student Loan Asset Backed Certificates $ 55,800,000 Class B Floating Rate Student Loan Asset Backed Notes $ 56,800,000 Class C Floating Rate Student Loan Asset Backed Notes $ 100,000,000 Class A-IO Certificates - Initial Notional Amount Monthly Servicing Reports 2004:  12/27/04 2005: 01/25/05 | 02/25/05 | 03/25/05 | 04/25/05 |  05/25/05 | 06/27/05 |  07/25/05 | 08/25/05 |  09/26/05 | 10/25/05 | 11/25/05 | 12/27/05 2006: 01/27/06 | 02/27/06 | 03/27/06 | 04/25/06 |  05/25/06 | 06/26/06  | 07/25/06 | 08/25/06 |  09/25/06 | 10/25/06 | 11/27/06 | 12/26/06 2007: 01/25/07 | 02/26/07 | 03/26/07 | 04/25/07 |  05/25/07 | 06/25/07 | 07/25/07 | 08/27/07 |  09/25/07 | 10/25/07 | 11/26/07 | 12/26/07 2008: 01/25/08 | 02/25/08 | 03/25/08 | 04/25/08 |  05/27/08 | 06/25/08 | 07/25/08 | 08/25/08 |  09/25/08 | 10/27/08 | 11/25/08 (revised 12/15/08) |  12/26/08 2009: 1/26/09 | 2/25/09 | 3/25/09 | 4/27/09 |  05/26/09 | 06/25/09 | 07/27/09 | 08/25/09 |  09/25/09 | 10/26/09 | 11/25/09 | 12/28/09 2010: 1/25/10 | 2/25/2010 | 3/25/2010 | 4/26/2010 |  5/25/2010 | 6/25/2010 | 7/26/2010 | 8/25/2010 |  9/27/2010 | 10/25/2010 | 11/26/2010 | 12/27/2010 2011: 1/25/2011 | 2/25/2011| 3/25/2011 | 4/25/2011 |  5/25/2011 | 6/27/2011 | 7/25/2011 | 8/25/2011 |  9/26/2011 | 10/25/2011 | 11/25/2011 | 12/27/2011 2012: 1/25/2012 Related Documents Current Rates Prospectus Portfolio Stratification at Issuance Indenture Part 1 Indenture Part 2 The National Collegiate Student Loan Trust 2004-2 Issue Date: October 28, 2004 Issue Amount: $ 1,122,789,000 Securities Offered: Class A-1 Floating Rate Student Loan Asset Backed Notes Rate: One Month LIBOR plus 0.11% Final Maturity: April 25, 2023 CUSIP: 63543PAU0 ISIN: US63543PAU03 Class A-2 Floating Rate Student Loan Asset Backed Notes Rate: One Month LIBOR plus 0.15% Final Maturity: October 27, 2025 CUSIP: 63543PAV8 ISIN: US63543PAV85 Class A-3 Floating Rate Student Loan Asset Backed Notes Rate: One Month LIBOR plus 0.21% Final Maturity: April 26, 2027 CUSIP: 63543PAW6 ISIN: US63543PAW68 Class A-4 Floating Rate Student Loan Asset Backed Notes Rate: One Month LIBOR plus 0.31% Final Maturity: November 27, 2028 CUSIP: 63543PAX4 ISIN: US63543PAX42 Class A-5-1 Floating Rate Student Loan Asset Backed Certificates Rate: One Month LIBOR plus 0.48% Final Maturity: December 26, 2033 CUSIP: 63543PAY2 ISIN: US63543PAY25 Class B Floating Rate Student Loan Asset Backed Notes Rate: One Month LIBOR plus 0.54% Final Maturity: December 26, 2033 CUSIP: 63543PBA3 ISIN: US63543PBA30 Class C Floating Rate Student Loan Asset Backed Notes Rate: One Month LIBOR plus 0.80% Final Maturity: December 26, 2033 CUSIP: 63543PBB1 ISIN: US63543PBB13 Class A-IO Certificates Rate: 9.75% Final Maturity: October 27, 2014 CUSIP: 63543PAZ9 ISIN: US63543PAZ99 Structuring Advisor: The First Marblehead Corporation Student Loan Guarantor: The Education Resources Institute, Inc. (TERI) Student Loan Servicer: Pennsylvania Higher Education Assistance Agency (PHEAA) Indenture Trustee / Grantor Trustee: U.S. Bank National Association Administrator: First Marblehead Data Services, Inc. Underwriters: Deutsche Bank Securities Goldman, Sachs & Co. UBS Investment Bank Citigroup JPMorgan Not all information mentioned above is current. Any dated information is published as of its date only and First Marblehead does not undertake any obligation or responsibility to update or amend such information. Past performance is not a representation or prediction as to future results.