ELFI Graduate Loan Program 2020-A LLC - Presale Report

DBRS, Inc. (DBRS Morningstar) assigned provisional ratings to the following classes of notes (collectively, the Notes) to be issued by ELFI Graduate Loan Program 2020-A LLC (ELFI 2020-A):

-- $271,650,000 Class A Notes at AAA (sf)
-- $18,850,000 Class B Notes at AA (sf)
-- $9,500,000 Class C Notes at A (sf)