Exhibit 99.4


             REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


The Board of Directors
Nelnet, Inc.:


We have examined the accompanying management assertion that Nelnet, Inc. (the
Company) complied with the applicable servicing criteria set forth in Item 1122
of the Securities and Exchange Commission's Regulation AB for publicly-issued
student loan-backed securities issued on or after January 1, 2006, for which the
Company acted as a servicer for student loans (the Platform), except for
servicing criteria 1122(d)(1)(i), 1122(d)(1)(ii), 1122(d)(1)(iii),
1122(d)(2)(ii), 1122(d)(2)(iii), 1122(d)(2)(iv), 1122(d)(2)(v), 1122(d)(2)(vi),
1122(d)(3)(i), 1122(d)(3)(ii), 1122(d)(3)(iii), 1122(d)(3)(iv), 1122(d)(4)(iii),
1122(d)(4)(x), 1122(d)(4)(xi), 1122(d)(4)(xii), 1122(d)(4)(xiii), and
1122(d)(4)(xv), for which the Company has determined are not applicable to the
activities the Company performs with respect to the Platform, as of and for the
year ended December 31, 2006. Management is responsible for the Company's
compliance with those servicing criteria. Our responsibility is to express an
opinion on management's assertion about the Company's compliance based on our
examination.

Our examination was conducted in accordance with the standards of the Public
Company Accounting Oversight Board (United States) and, accordingly, included
examining, on a test basis, evidence about the Company's compliance with the
servicing criteria specified above and performing such other procedures as we
considered necessary in the circumstances. Our examination included testing of
less than all of the individual asset-backed transactions and securities that
comprise the Platform, testing of less than all of the servicing activities
related to the Platform, and determining whether the Company processed those
selected transactions and performed those selected activities in compliance with
the servicing criteria. Furthermore, our procedures were limited to the selected
transactions and servicing activities performed by the Company during the period
covered by this report. Our procedures were not designed to determine whether
errors may have occurred either prior to or subsequent to our tests that may
have affected the balances or amounts calculated or reported by the Company
during the period covered by this report for the selected transactions or any
other transactions. We believe that our examination provides a reasonable basis
for our opinion. Our examination does not provide a legal determination on the
Company's compliance with the servicing criteria.

As described in the accompanying management assertion, for servicing criteria
1122(d)(2)(i), the Company has engaged a vendor to perform the activities
required by this servicing criteria. The Company has determined that this vendor
is not considered a "servicer" as defined in Item 1101(j) of Regulation AB and
the Company has elected to take responsibility for assessing compliance with
servicing criteria applicable to this vendor as permitted by Interpretation
17.06 of the SEC Division of Corporation Finance Manual of


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Publicly Available Telephone Interpretations (Interpretation 17.06). As
permitted by Interpretation 17.06, the Company has asserted that it has policies
and procedures in place designed to provide reasonable assurance that the
vendor's activities comply in all material respects with the servicing criteria
applicable to this vendor. The Company is solely responsible for determining
that it meets the SEC requirements to apply Interpretation 17.06 for the vendor
and related criteria as described in its assertion, and we performed no
procedures with respect to the Company's eligibility to apply Interpretation
17.06.

In our opinion, management's assertion that Nelnet, Inc. complied with the
aforementioned servicing criteria, including servicing criteria 1122(d)(2)(i)
for which compliance is determined based on Interpretation 17.06 as described
above, as of and for the year ended December 31, 2006 is fairly stated, in all
material respects.


/s/ KPMG LLP


Lincoln, Nebraska
April 2, 2007