Published: November 05, 2009

Fitch to Rate Higher Education Loan Auth of the State of Missouri, Series 2009-1; Presale Issued

NEW YORK - (BUSINESS WIRE) - Fitch Ratings expects to rate the Higher Education Loan Authority of the State of Missouri (MOHELA), student loan asset-backed notes, series 2009-1 (LIBOR floating rate notes) class A-1 & A-2 as follows:

-- $67,700,000 class A-1 notes 'AAA/LS1'; Outlook Stable;
-- $118,300,000 class A-2 notes 'AAA/LS1'; Outlook Stable.

For more information, see the MOHELA, series 2009-1 presale report, available to all investors on Fitch's web site, 'www.fitchratings.com'.

These rating actions reflect the application of Fitch's current criteria which are available at 'www.fitchratings.com' and specifically include the following reports:

-- 'Rating US Federal Family Education Loan Program Student Loan ABS Criteria,' dated April 11, 2008; and
-- 'Global Structured Finance Rating Criteria', dated Sept. 30, 2009.

Additional information is available at 'www.fitchratings.com'.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

Fitch Ratings, New York
Sandro Scenga, +1-212-908-0278
sandro.scenga@fitchratings.com
Steven Stubbs, +1-212-908-0676
Melvin Zhou, +1-212-908-0503