UNDERWRITING AGREEMENTFfelp Loan Servicing Agreement • July 10th, 2006 • National Collegiate Student Loan Trust 2006-2 • Asset-backed securities • New York
The National Collegiate Funding LLC, a Delaware limited liability company ("National Collegiate Funding"), has authorized The National Collegiate Student Loan Trust 2006-2, a Delaware statutory trust (the "Trust"), to sell to Deutsche Bank Securities, Inc. and Credit Suisse Securities (USA) LLC (together, the "Representatives") and the other underwriters listed on Schedule A hereto (each an "Underwriter" and collectively with the Representatives, the "Underwriters"), pursuant to the terms of this Underwriting Agreement (this "Agreement"), $673,330,000 aggregate principal amount (and in the case of the A-IO Notes, $140,000,000 aggregate notional amount) of the Trust’s Class A-1 Notes, Class A-2 Notes, Class A-3 Notes, Class A-4 Notes, Class A-IO Notes, Class B Notes and Class C Notes (collectively, the "Offered Notes") in the classes and aggregate principal or reference amounts set forth on Schedule A hereto. The Offered Notes will be issued under an Indenture, dated as of June 1, 2006
