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Exhibit 33.3
 
 
   1.
    
    Great Lakes is responsible for assessing compliance as of and for the Reporting
Period with the servicing criteria set forth in Item 1122 (d) of Regulation AB,
excluding the criteria which we have concluded are not applicable to the servicing
activities we perform as indicated on the attached schedule, (the Applicable Servicing
Criteria) with respect to student loans serviced on the Great Lakes servicing system
(the Regulation AB Platform);2.
    
    Great Lakes has assessed its compliance with the Applicable Servicing Criteria for
the Reporting Period and has concluded that Great Lakes has complied, in all material
respects, with the Applicable Servicing Criteria with respect to Regulation AB for the
Regulation AB Platform;3.
    
    Ernst & Young LLP, an independent registered public accounting firm, has issued an
attestation report on the assessment of compliance with the Applicable Servicing
Criteria for the Reporting Period as set forth in this assertion.
 Great Lakes Educational Loan Services, Inc./s/ Michael J. NoackFebruary 16, 2007
    
    Name: Michael J. NoackTitle: Chief Servicing Officer
 2401 INTERNATIONAL LANE 5 MADISON, WI 53704-3192 5 608-246-1800
 5 www.mygreatlakes.comA Member of Great Lakes Higher Education Corporation and Affiliates
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GREAT LAKES EDUCATIONAL LOAN SERVICES, INC.
  Reference
    
    Criteria
    
    ApplicableGeneral Servicing Considerations1122(d)(l)(i)
    
    Policies and procedures are instituted to monitor any performance or
other triggers and events of default in accordance with the
Transaction Documents.
    
    Yes1122(d)(1)(ii)
    
    If any material servicing activities are outsourced to third
parties, policies and procedures are instituted to monitor the third
partys performance and compliance with such servicing activities.
    
    Yes1122(d)(l)(iii)
    
    Any requirements in the Transaction Documents to maintain a back-up
servicer for the trust student loans are maintained.
    
    No1122(d)(l)(iv)
    
    A fidelity bond and errors and omissions policy is in effect on the
party participating in the servicing function throughout the
reporting period in the amount of coverage required by and otherwise
in accordance with the terms of the transaction agreements.
    
    NoCash Collection and Administration1122(d)(2)(i)
    
    Payments on trust student loans are deposited into the appropriate
custodial bank accounts and related bank clearing accounts no more
than two business days following receipt, or such other number of
days specified in the Transaction Documents.
    
    Yes1122(d)(2)(ii)
    
    Disbursements made via wire transfer on behalf of an obligor or to
an investor are made only by authorized personnel.
    
    No1122(d)(2)(iii)
    
    Advances of funds or guarantees regarding collections, cash flows or
distributions, and any interest or other fees charged for such
advances, are made, reviewed and approved as specified in the
Transaction Documents.
    
    No1122(d)(2)(iv)
    
    The related accounts for the transaction, such as cash reserve
accounts or accounts established as a form of overcollateralization,
are separately maintained (e.g., with respect to commingling of
cash) as set forth in the Transaction Documents.
    
    No1122(d)(2)(v)
    
    Each custodial account is maintained at a federally insured
depository institution as set forth in the Transaction Documents.
For purposes of this criterion, federally insured depository
institution with respect to a foreign financial institution means a
foreign financial institution that meets the requirements of Rule
13k-1(b)(1) of the Securities Exchange Act.
    
    Yes1122(d)(2)(vi)
    
    Unissued checks are safeguarded so as to prevent unauthorized access.
    
    Yes
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GREAT LAKES EDUCATIONAL LOAN SERVICES, INC.
  Reference
    
    Criteria
    
    Applicable1122(d)(2)(vii)
    
    Reconciliations are prepared on a monthly
basis for all asset-backed securities
related bank accounts, including custodial
accounts and related bank clearing
accounts. These reconciliations are (A)
mathematically accurate; (B) prepared
within 30 calendar days after the bank
statement cutoff date, or such other
number of days specified in the
Transaction Documents; (C) reviewed and
approved by someone other than the person
who prepared the reconciliation; and (D)
contain explanations for reconciling
items. These reconciling items are
resolved within 90 calendar days of their
original identification, or such other
number of days specified in the
Transaction Documents.
    
    YesInvestor Remittances and Reporting1122(d)(3)(i)
    
    Reports to investors, including those to
be filed with the Commission, are
maintained in accordance with the
Transaction Documents and applicable
Commission requirements. Specifically,
such reports (A) are prepared in
accordance with timeframes and other terms
set forth in the Transaction Documents;
(B) provide information calculated in
accordance with the terms specified in the
Transaction Documents; (C) are filed with
the Commission as required by its rules
and regulations; and (D) agree with
investors or the trustees records as to
the total unpaid principal balance and
number of student loans serviced by the
Servicer.
    
    No1122(d)(3)(ii)
    
    Amounts due to investors are allocated and
remitted in accordance with timeframes,
distribution priority and other terms set
forth in the Transaction Documents.
    
    No1122(d)(3)(iii)
    
    Disbursements made to an investor are
posted within two business days to the
Servicers investor records, or such other
number of days specified in the
Transaction Documents.
    
    No1122(d)(3)(iv)
    
    Amounts remitted to investors per the
investor reports agree with canceled
checks or other form of payment, or
custodial bank statements.
    
    NoPool Asset Administration1122(d)(4)(i)
    
    Collateral or security on student loans is
maintained as required by the Transaction
Documents or related student loan
documents.
    
    No1122(d)(4)(ii)
    
    Student loan and related documents are
safeguarded as required by the Transaction
Documents.
    
    Yes1122(d)(4)(iii)
    
    Any additions, removals or substitutions
to the asset pool are made, reviewed and
approved in accordance with any conditions
or requirements in the Transaction
Documents.
    
    No1122(d)(4)(iv)
    
    Payments on student loans, including any
payoffs, made in accordance with the
related student loan documents are posted
to the Servicers obligor records
maintained no more than two business days
after receipt, or such other number of
days specified in the Transaction
Documents, and allocated to principal,
interest or other items (e.g., escrow) in
accordance with the related student loan
documents.
    
    Yes1122(d)(4)(v)
    
    The Servicers records regarding the
student loans agree with the Servicers
records with respect to an obligors
unpaid principal balance.
    
    Yes
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GREAT LAKES EDUCATIONAL LOAN SERVICES, INC.
  Reference
    
    Criteria
    
    Applicable1122(d)(4)(vi)
    
    Changes with respect to the terms or
status of an obligors student loans
(e.g., loan modifications or re-agings)
are made, reviewed and approved by
authorized personnel in accordance with
the Transaction Documents and related
pool asset documents.
    
    Yes1122(d)(4)(vii)
    
    Loss mitigation or recovery actions
(e.g., forbearance plans, modifications
and deeds in lieu of foreclosure,
foreclosures and repossessions, as
applicable) are initiated, conducted and
concluded in accordance with the
timeframes or other requirements
established by the Transaction
Documents.
    
    Yes1122(d)(4)(viii)
    
    Records documenting collection efforts
are maintained during the period a
student loan is delinquent in accordance
with the Transaction Documents. Such
records are maintained on at least a
monthly basis, or such other period
specified in the Transaction Documents,
and describe the entitys activities in
monitoring delinquent student loans
including, for example, phone calls,
letters and payment rescheduling plans
in cases where delinquency is deemed
temporary (e.g., illness or
unemployment).
    
    Yes1122(d)(4)(ix)
    
    Adjustments to interest rates or rates
of return for student loans with
variable rates are computed based on the
related student loan documents.
    
    Yes1122(d)(4)(x)
    
    Regarding any funds held in trust for an
obligor (such as escrow accounts): (A)
such funds are analyzed, in accordance
with the obligors student loan
documents, on at least an annual basis,
or such other period specified in the
Transaction Documents; (B) interest on
such funds is paid, or credited, to
obligors in accordance with applicable
student loan documents and state laws;
and (C) such funds are returned to the
obligor within 30 calendar days of full
repayment of the related student loans,
or such other number of days specified
in the Transaction Documents.
    
    No1122(d)(4)(xi)
    
    Payments made on behalf of an obligor
(such as tax or insurance payments) are
made on or before the related penalty or
expiration dates, as indicated on the
appropriate bills or notices for such
payments, provided that such support has
been received by the servicer at least
30 calendar days prior to these dates,
or such other number of days specified
in the Transaction Documents.
    
    No1122(d)(4)(xii)
    
    Any late payment penalties in connection
with any payment to be made on behalf of
an obligor are paid from the servicers
funds and not charged to the obligor
unless the late payment was due to the
obligors error or omission.
    
    No1122(d)(4)(xiii)
    
    Disbursements made on behalf of an
obligor are posted within two business
days to the obligors records maintained
by the servicer, or such other number of
days specified in the Transaction
Documents.
    
    No1122(d)(4)(xiv)
    
    Delinquencies, charge-offs and
uncollectible accounts are recognized
and recorded in accordance with the
Transaction Documents.
    
    Yes1122(d)(4)(xv)
    
    Any external enhancement or other
support, identified in Item 1114(a)(1)
through (3) or Item 1115 of Regulation
AB, is maintained as set forth in the
Transaction Documents.
    
    Yes
 5