College & University Facility Loan Trust Two N-CSR Certified annual shareholder report (management investment company)

Exhibit 99.5

Annual Statement as to Compliance

For the Year Ended December 31, 2014

United States Department of Education

College and University Facility Loan Trust Two

Pursuant to Section 206 of the Servicing Agreement governing the referenced transaction, I hereby attest that:

(i) A review of the activities and performance of Berkadia as Special Servicer during the period under this Servicing Agreement, has been made under my supervision, and, to the best of my knowledge, based on such review, Berkadia as Special Servicer, has fulfilled in all material respects, all of its duties, responsibilities, or obligations under this Servicing Agreement throughout the period.

(ii) I confirm that Berkadia Special Servicer is in compliance with the requirements of Section 2.02 hereof.

Berkadia,

Mark E. McCool

President

February 20, 2015

Inv. 003 Lib. G

Annual Statement as to Compliance

For the Year Ended December 31, 2014

United States Department of Education

College and University Facility Loan Trust Two

Pursuant to Section 206 of the Servicing Agreement governing the referenced transaction, I hereby attest that:

i. As an officer signing this certificate I have reviewed the activities and performance of Berkadia Commercial Mortgage as Master Servicer during the preceding fiscal year under the Servicing Agreement and, to the best of such officer’s knowledge, the Servicer has fulfilled all of the duties, responsibilities under this servicing agreement throughout such year.

ii. I confirm that Berkadia as Master Servicer is in compliance with the requirements of Section 202.

Berkadia,

Mark E. McCool

President

February 20, 2015

Inv. 3 Lib. G

Management’s Assertion Concerning Compliance

with Minimum Master Servicing Standards

February 27, 2015

As of and for the year ended December 31, 2014, Berkadia Commercial Mortgage LLC has complied, in all material respects, with the minimum master servicing standards set forth in the Company’s Master Servicing Policy (attached in Exhibit I) which were derived from the Mortgage Banker’s Association of America’s Uniform Single Attestation Program for Mortgage Bankers.

As of December 31, 2014, the Company is covered by insurance policies providing for $100 million of fidelity bond insurance and $100 million of errors and omission insurance.

Mark E. McCool

President, Commercial Real Estate Services

Berkadia Commercial Mortgage LLC

Exhibit I

Berkadia Commercial Mortgage LLC

Master Servicing Policy

I. CUSTODIAL BANK ACCOUNTS

1. Reconciliations shall be prepared on a monthly basis for all custodial bank accounts and related bank clearing accounts. These reconciliations shall:

• Be mathematically accurate;

• Be prepared within thirty (30) calendar days after the cutoff date;

• Be reviewed and approved by someone other than the person who prepared the reconciliation; and

• Document explanations for reconciling items. These reconciling items shall be resolved within ninety (90) calendar days of identification.

2. Funds of the servicing entity shall be advanced as specified in the servicing agreement in cases where there is an overdraft in an investor’s or a mortgagor’s account.

3. All cash for each custodial account shall be maintained at a federally insured depository institution in trust for the applicable investor or in an investment account in accordance with the applicable servicing agreement requirements.

4. Escrow funds held in trust for a mortgagor shall be returned to the mortgagor within thirty (30) calendar days of payoff of the mortgage loan.

II. MORTGAGE PAYMENTS

1. Mortgage payments which are properly identified with the Company’s account number and which agree to the total amount of the scheduled payment due shall be deposited into the clearing bank accounts and related custodial bank accounts within two business days of receipt. Any mortgage payments which do not meet these parameters will be researched and deposited into the appropriate bank accounts within five business days of receipt.

2. Mortgage payments made in accordance with the mortgagor’s loan documents shall be posted to the applicable mortgagor records within two business days of receipt.

III. DISBURSEMENTS

1. Disbursements made via wire transfer on behalf of a mortgagor or investor shall be made only by authorized personnel.

2. Amounts remitted to investors per the servicer’s investor reports shall agree with cancelled checks, or other form of payment, or custodial bank statements.

Exhibit I

IV. INVESTOR ACCOUNTING AND REPORTING

1. The servicing entity’s investor reports shall agree with, or reconcile to, investors records on a monthly basis as to the total unpaid principle balance and number of loans serviced by the servicing entity.

V. INSURANCE POLICIES

1. A fidelity bond and errors and omissions policy shall be in effect on the servicing entity in the amount of coverage represented to investors in management’s assertion.

VI. MONITORING OF SUBSERVICER COMPLIANCE

1. Within 120 days of the calendar year end or subservicer’s year end, the subservicer’s management assertions about compliance with minimum servicing standards, which were derived from the Mortgage Banker’s Association of America’s Uniform Single Attestation Program for Mortgage Bankers, and the Independent Certified Public Accountants’ Report on management’s assertions shall be reviewed, and if material exceptions are found, appropriate corrective action will be taken.

2. An annual certification from each subservicer stating that the subservicer is in compliance with its subservicing agreement shall be obtained for the previous calendar year.

Management’s Assertion Concerning Compliance

with Minimum Special Servicing Standards

February 27, 2015

As of and for the year ended December 31, 2014, Berkadia Commercial Mortgage LLC has complied, in all material respects, with the minimum special servicing standards set forth in the Company’s Special Servicing Policy (attached in Exhibit I) which were derived from the Mortgage Banker’s Association of America’s Uniform Single Attestation Program for Mortgage Bankers.

As of December 31, 2014, the Company is covered by insurance policies providing for $100 million of fidelity bond insurance and $100 million of errors and omission insurance.

Mark E. McCool

President, Commercial Real Estate Services

Berkadia Commercial Mortgage LLC

Exhibit I

Berkadia Commercial Mortgage LLC

Special Servicing Policy

I. RECORDKEEPING

Records documenting the status of the loan shall be maintained during the period the loan is assigned to the special servicer. Such records shall describe the entity’s activities in monitoring the current status of the loan and are updated to reflect a change in status to be communicated to the investor.

II. INSURANCE

A fidelity bond and errors and omission policy shall be in effect on the servicing entity in the amount of coverage represented to investors.

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of December 01, 2014 through December 31, 2014

Collections:
Principal Payments	303,412.96
Interest Payments	52,589.24
Total Principal and Interest Collections	356,002.20
Payments and Reversals Posted to Suspense	—
Total Collections	356,002.20
Less: Servicing Fees (not withheld from remittances)	(1,180.13	)
Net Collections	354,822.07

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of December 01, 2014 through December 31, 2014

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
12012014		30101601	AUBURN UNIVER		125,000.00		9,975.00		134,975.00		665,000.00		249.38
12012014		30119903	MISSISSIPPI S		80,000.00		9,150.00		89,150.00		610,000.00		228.75
12012014		30127402	ST MARY’S COL		11,000.00		2,130.00		13,130.00		142,000.00		53.25
12012014		30137901	VINCENNES UNI		—		25,950.00		25,950.00		1,730,000.00		648.75
													—
													—
													—
			TOTALS:		216,000.00		47,205.00		263,205.00		3,147,000.00		1,180.13
													1,180.13	Service Fees due

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of December 01, 2014 through December 31, 2014

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTALS:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of December 01, 2014 through December 31, 2014

Loan Number	Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of December 31, 2014

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30101601	AUBURN UNIVERSITY		3		540,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		17,000.00		4012015
30102803	BETHANY COLLEGE - HALL BOND 1967		3		60,000.00		11012017
30104201	TRUST SERVICES DIVISION		3		793,000.00		11012019
30106904	COLLEGE OF SANTA FE		3		139,000.00		10012018
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3		90,000.00		4012016
30110101	ELIZABETH CITY STATE UNIVERSITY		3		75,000.00		10012017
30110802	FAIRLEIGH DICKINSON UNIV		3		340,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		192,457.71		7012018
30112301	GEORGETOWN UNIVERSITY		3		985,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		2,640,000.00		11012020
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		271,536.17		1012017
30116201	LASSEN JUNIOR COLLEGE		3		154,000.00		4012020
30117403	LYCOMING COLLEGE		3.75		24,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		18,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		155,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		80,000.00		10012016
30118401	MARYMOUNT UNIVERSITY		3		90,000.00		5012016
30119801	MILLSAPS COLLEGE		3		224,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		530,000.00		12012020
30123401	PAINE COLLEGE		3		133,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		986,173.94		1012022
30125506	RIDER COLLEGE		3		87,000.00		5012017
30127402	ST MARY’S SCHOOL		3		131,000.00		6012020
30129101	SIMPSON COLLEGE - BOND 1966		3		46,000.00		7012016
30133201	UNIV STUDENT COOP HOUSING		3		480,000.00		4012019
30136801	UNIVERSITY OF ST THOMAS		3		200,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		360,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		1,730,000.00		6012023
30140502	WITTENBERG UNIVERSITY		3		60,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		48,000.00		11012017
	TOTALS:				11,681,167.80

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of December 31, 2014

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 12/31/14
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of December 31, 2014

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for December 2014

Date Received	Date Due	Loan Number	Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense		Total Paid		Net System Credits		Total Bank Credits		Wires		ACH Debits and Other Wires
20141201	12012014	30101601	AUBURN UNIVERSITY		125,000.00		9,975.00		134,975.00		665,000.00		125,000.00		9,975.00		—		134,975.00
20141201	12012014	30119903	MISSISSIPPI STATE UNIVERSITY		80,000.00		9,150.00		89,150.00		610,000.00		80,000.00		9,150.00		—		89,150.00
20141201	12012014	30127402	ST MARY’S SCHOOL		11,000.00		2,130.00		13,130.00		142,000.00		11,000.00		2,130.00		—		13,130.00
20141201	12012014	30137901	VINCENNES UNIVERSITY		—		25,950.00		25,950.00		1,730,000.00		—		25,950.00		—		25,950.00
System Credits 12/1																					263,205.00
System Debits 12/1																					—
Bank Credit 12/1
Bank Debit 12/1
Bank Debit 12/1
Trustee Wire 12/1
20141231	1012015	30114802	INTER-AMERICAN UNIV. OF PUERTO RICO										87,412.96		5,384.24		—		92,797.20
																			—
																			—
System Credits 12/31																					92,797.20
System Debits 12/31																					—
Bank Credit 12/2																							263,205.00
Bank Debit 12/2 (overdraft funding recovery)																											0.02
Bank Debit 12/2 (inspection fees)																											135.00
Trustee Wire 12/2																									263,069.98
			TOTALS:		216,000.00		47,205.00		263,205.00		3,147,000.00		303,412.96		52,589.24		—		356,002.20		356,002.20		263,205.00		263,069.98		135.02
Loans Due in Current Period and Paid in Prior Period:
			TOTALS:		—		—		—		—
Loans Due in Current Period Not Yet Paid:
			TOTALS:		—		—		—		—
			GRAND TOTAL:		216,000.00		47,205.00		263,205.00		3,147,000.00

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

December-14

Total System Credits @ 12/31		356,002.20
Total Bank Credits @ 12/31		263,205.00
	in transit wire
	in transit credit
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	Direct to Lender payments
	overdraft funding
	overdraft funding
12/31/2014	in transit	92,797.20
		356,002.20
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

December-14

Total Bank Credits @ 12/31		263,205.00
Total Debits to Trustee @ 12/31		263,069.98
	Service Fees
12/2/2014	Inspection Fees	135.00
	Trust Expense
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	overdraft funding repay
	funds movement adjustment
	payment reversal
	funds movement adjustment
12/2/2014	overdraft funding repay	0.02
Adjusted Debits to Trustee		263,205.00
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of January 01, 2015 through January 31, 2015

Collections:
Principal Payments	71,285.96
Interest Payments	16,926.04
Total Principal and Interest Collections	88,212.00
Payments and Reversals Posted to Suspense	—
Total Collections	88,212.00
Less: Servicing Fees (not withheld from remittances)	(593.85	)
Net Collections	87,618.15

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of January 01, 2015 through January 31, 2015

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
01012015		30112002	GEORGE FOX CO		12,170.37		1,443.43		13,613.80		192,457.71		72.17
01012015		30114802	INTER AMERICA		87,412.96		5,384.24		92,797.20		358,949.13		134.61
01012015		30123701	PHILADELPHIA		59,115.59		14,792.61		73,908.20		986,173.94		369.82
01012015		30129101	SIMPSON COLLE		—		690.00		690.00		46,000.00		17.25
													—
													—
													—
			TOTALS:		158,698.92		22,310.28		181,009.20		1,583,580.78		593.85
													593.85	Service Fees due

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of January 01, 2015 through January 31, 2015

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTALS:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of January 01, 2015 through January 31, 2015

Loan Number	Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of January 31, 2015

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30101601	AUBURN UNIVERSITY		3		540,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		17,000.00		4012015
30102803	BETHANY COLLEGE - HALL BOND 1967		3		60,000.00		11012017
30104201	TRUST SERVICES DIVISION		3		793,000.00		11012019
30106904	COLLEGE OF SANTA FE		3		139,000.00		10012018
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3		90,000.00		4012016
30110101	ELIZABETH CITY STATE UNIVERSITY		3		75,000.00		10012017
30110802	FAIRLEIGH DICKINSON UNIV		3		340,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		180,287.30		7012018
30112301	GEORGETOWN UNIVERSITY		3		985,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		2,640,000.00		11012020
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		271,536.20		1012017
30116201	LASSEN JUNIOR COLLEGE		3		154,000.00		4012020
30117403	LYCOMING COLLEGE		3.75		24,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		18,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		155,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		80,000.00		10012016
30118401	MARYMOUNT UNIVERSITY		3		90,000.00		5012016
30119801	MILLSAPS COLLEGE		3		224,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		530,000.00		12012020
30123401	PAINE COLLEGE		3		134,000.00		10012016
30123701	UNIVERSITY OF THE ARTS		3		927,058.40		1012022
30125506	RIDER COLLEGE		3		87,000.00		5012017
30127402	ST MARY’S SCHOOL		3		131,000.00		6012020
30129101	SIMPSON COLLEGE - BOND 1966		3		46,000.00		7012016
30133201	UNIV STUDENT COOP HOUSING		3		480,000.00		4012019
30136801	UNIVERSITY OF ST THOMAS		3		200,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		360,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		1,730,000.00		6012023
30140502	WITTENBERG UNIVERSITY		3		60,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		48,000.00		11012017
	TOTALS:				11,609,881.89

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of January 31, 2015

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 01/31/15
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of January 31, 2015

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for January 2015

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense		Total Paid		Net System Credits		Total Bank Credits		Wires		ACH Debits and Other Wires
20140102		1012014		30129101	SIMPSON COLLEGE - BOND 1966		—		690.00		690.00		46,000.00		—		690.00		—		690.00
																					—
																					—
																					—
System Credits 1/2																							690.00
System Debits 1/2																							—
Bank Credit 1/2																									92,797.20
Bank Debit 1/2 (service fees)																													2,610.17
Bank Debit 1/2
Trustee Wire 1/2																											90,187.03
20150105		1012015		30112002	GEORGE FOX COLLEGE		12,170.37		1,443.43		13,613.80		192,457.71		12,170.37		1,443.43		—		13,613.80
20150105		1012015		30123701	UNIVERSITY OF THE ARTS		59,115.59		14,792.61		73,908.20		986,173.94		59,115.59		14,792.61		—		73,908.20
																					—
System Credits 1/5																							87,522.00
System Debits 1/5																							—
Bank Credit 1/5																									690.00
Bank Debit 1/5
Bank Debit 1/5
Trustee Wire 1/5																											690.00
																					—
																					—
System Credits 1/6																							—
System Debits 1/6																							—
Bank Credit 1/6																									87,522.00
Bank Debit 1/6
Bank Debit 1/6
Trustee Wire 1/6																											87,522.00
					TOTALS:		71,285.96		16,926.04		88,212.00		1,224,631.65		71,285.96		16,926.04		—		88,212.00		88,212.00		181,009.20		178,399.03		2,610.17
Loans Due in Current Period and Paid in Prior Period:
		1012015		30114802	INTER AMERICA		87,412.96		5,384.24		92,797.20		358,949.13
					TOTALS:		87,412.96		5,384.24		92,797.20		358,949.13
Loans Due in Current Period Not Yet Paid:
					TOTALS:		—		—		—		—
					GRAND TOTAL:		158,698.92		22,310.28		181,009.20		1,583,580.78

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

January-15

Total System Credits @ 1/31		88,212.00
Total Bank Credits @ 1/31		181,009.20
12/31/2014	in transit wire	(92,797.20	)
	in transit credit
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	Direct to Lender payments
	overdraft funding
	overdraft funding
	in transit
		88,212.00
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

January-15

Total Bank Credits @ 1/31		181,009.20
Total Debits to Trustee @ 1/31		178,399.03
1/2/2015	Service Fees	2,610.17
	Inspection Fees
	Trust Expense
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	overdraft funding repay
	funds movement adjustment
	payment reversal
	funds movement adjustment
	overdraft funding repay
Adjusted Debits to Trustee		181,009.20
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of February 01, 2015 through February 28, 2015

Collections:
Principal Payments	—
Interest Payments	—
Total Principal and Interest Collections	—
Payments and Reversals Posted to Suspense	—
Total Collections	—
Less: Servicing Fees (not withheld from remittances)	—
Net Collections	—

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of February 01, 2015 through February 28, 2015

Date Due

Loan Number

Borrower Name

Principal Due

Interest Due

Total Due

Principal Balance

Service Fees

no data for February

—

—

—

TOTALS:

—

—

—

—

—

—

Service Fees due

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of February 01, 2015 through February 28, 2015

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTALS:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of February 01, 2015 through February 28, 2015

Loan Number	Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of February 28, 2015

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30101601	AUBURN UNIVERSITY		3		540,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		17,000.00		4012015
30102803	BETHANY COLLEGE - HALL BOND 1967		3		60,000.00		11012017
30104201	TRUST SERVICES DIVISION		3		793,000.00		11012019
30106904	COLLEGE OF SANTA FE		3		139,000.00		10012018
30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		3		90,000.00		4012016
30110101	ELIZABETH CITY STATE UNIVERSITY		3		75,000.00		10012017
30110802	FAIRLEIGH DICKINSON UNIV		3		340,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		180,287.34		7012018
30112301	GEORGETOWN UNIVERSITY		3		985,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		2,640,000.00		11012020
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		271,536.17		1012017
30116201	LASSEN JUNIOR COLLEGE		3		154,000.00		4012020
30117403	LYCOMING COLLEGE		3.75		24,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		18,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		155,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		80,000.00		10012016
30118401	MARYMOUNT UNIVERSITY		3		90,000.00		5012016
30119801	MILLSAPS COLLEGE		3		224,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		530,000.00		12012020
30123401	PAINE COLLEGE		3		133,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		927,058.35		1012022
30125506	RIDER COLLEGE		3		87,000.00		5012017
30127402	ST MARY’S SCHOOL		3		131,000.00		6012020
30129101	SIMPSON COLLEGE - BOND 1966		3		46,000.00		7012016
30133201	UNIV STUDENT COOP HOUSING		3		480,000.00		4012019
30136801	UNIVERSITY OF ST THOMAS		3		200,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		360,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		1,730,000.00		6012023
30140502	WITTENBERG UNIVERSITY		3		60,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		48,000.00		11012017
	TOTALS:				11,609,881.84

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of February 28, 2015

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 02/28/15
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of February 28, 2015

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for February 2015

Date Received

Date Due

Loan Number

Borrower Name

Principal Due

Interest Due

Total Due

Principal Balance

Principal Paid

Interest Paid

Suspense

Total Paid

Net System Credits

Total Bank Credits

Wires

ACH Debits and Other Wires

no data for February

—

—

System Credits 2/2

—

System Debits 2/2

—

Bank Credit 2/2

Bank Debit 2/2 (service fees)

Bank Debit 2/2

Trustee Wire 2/2

TOTALS:

—

—

—

—

—

—

—

—

—

—

—

—

Loans Due in Current Period and Paid in Prior Period:

TOTALS:

—

—

—

—

Loans Due in Current Period Not Yet Paid:

TOTALS:

—

—

—

—

GRAND TOTAL:

—

—

—

—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

February-15

Total System Credits @ 2/28		—
Total Bank Credits @ 2/28		—
	in transit wire
	in transit credit
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	Direct to Lender payments
	overdraft funding
	overdraft funding
	in transit
		—
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

February-15

Total Bank Credits @ 2/28		—
Total Debits to Trustee @ 2/28		—
	Service Fees
	Inspection Fees
	Trust Expense
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	overdraft funding repay
	funds movement adjustment
	payment reversal
	funds movement adjustment
	overdraft funding repay
Adjusted Debits to Trustee		—
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of March 01, 2015 through March 31, 2015

Collections:
Principal Payments	—
Interest Payments	—
Total Principal and Interest Collections	—
Payments and Reversals Posted to Suspense	—
Total Collections	—
Less: Servicing Fees (not withheld from remittances)	—
Net Collections	—

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of March 01, 2015 through March 31, 2015

Date Due

Loan Number

Borrower Name

Principal Due

Interest Due

Total Due

Principal Balance

Service Fees

no data for March

—

—

—

—

—

—

—

TOTALS:

—

—

—

—

—

—

Service Fees due

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of March 01, 2015 through March 31, 2015

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTALS:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of March 01, 2015 through March 31, 2015

Loan Number	Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of March 31, 2015

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30101601	AUBURN UNIVERSITY		3		540,000.00		12012018
30101701	AZUSA PACIFIC UNIVERSITY		3.75		17,000.00		4012015
30102803	BETHANY COLLEGE - HALL BOND 1967		3		60,000.00		11012017
30104201	TRUST SERVICES DIVISION		3		793,000.00		11012019
30106904	COLLEGE OF SANTA FE		3		139,000.00		10012018
30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)		3		90,000.00		4012016
30110101	ELIZABETH CITY STATE UNIVERSITY		3		75,000.00		10012017
30110802	FAIRLEIGH DICKINSON UNIV		3		340,000.00		11012017
30112002	GEORGE FOX COLLEGE		3		180,287.34		7012018
30112301	GEORGETOWN UNIVERSITY		3		985,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		2,640,000.00		11012020
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		271,536.17		1012017
30116201	LASSEN JUNIOR COLLEGE		3		154,000.00		4012020
30117403	LYCOMING COLLEGE		3.75		24,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		18,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		155,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		80,000.00		10012016
30118401	MARYMOUNT UNIVERSITY		3		90,000.00		5012016
30119801	MILLSAPS COLLEGE		3		224,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		530,000.00		12012020
30123401	PAINE COLLEGE		3		133,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		927,058.35		1012022
30125506	RIDER COLLEGE		3		87,000.00		5012017
30127402	ST MARY’S SCHOOL		3		131,000.00		6012020
30129101	SIMPSON COLLEGE - BOND 1966		3		46,000.00		7012016
30133201	UNIV STUDENT COOP HOUSING		3		480,000.00		4012019
30136801	UNIVERSITY OF ST THOMAS		3		200,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		360,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		1,730,000.00		6012023
30140502	WITTENBERG UNIVERSITY		3		60,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		48,000.00		11012017
	TOTALS:				11,609,881.84

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of March 31, 2015

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 03/31/2015
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of March 31, 2015

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for March 2015

Date Received

Date Due

Loan Number

Borrower Name

Principal Due

Interest Due

Total Due

Principal Balance

Principal Paid

Interest Paid

Suspense

Total Paid

Net System Credits

Total Bank Credits

Wires

ACH Debits and Other Wires

no data for March

—

—

—

—

System Credits 3/2

—

System Debits 3/2

—

Bank Credit 3/2

Bank Debit 3/2 (service fees)

Bank Debit 3/2

Trustee Wire 3/2

TOTALS:

—

—

—

—

—

—

—

—

—

—

—

—

Loans Due in Current Period and Paid in Prior Period:

none

TOTALS:

—

—

—

—

Loans Due in Current Period Not Yet Paid:

none

TOTALS:

—

—

—

—

GRAND TOTAL:

—

—

—

—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

March-15

Total System Credits @ 3/31		—
Total Bank Credits @ 3/31		—
	in transit wire
	in transit credit
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	Direct to Lender payments
	overdraft funding
	overdraft funding
	in transit
		—
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

March-15

Total Bank Credits @ 3/31		—
Total Debits to Trustee @ 3/31		—
	Service Fees
	Inspection Fees
	Trust Expense
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	overdraft funding repay
	funds movement adjustment
	payment reversal
	funds movement adjustment
	overdraft funding repay
Adjusted Debits to Trustee		—
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of April 01, 2015 through April 30, 2015

Collections:
Principal Payments	427,287.34
Interest Payments	28,597.10
Total Principal and Interest Collections	455,884.44
Payments and Reversals Posted to Suspense	(1,061.56	)
Total Collections	454,822.88
Less: Servicing Fees (not withheld from remittances)	(716.00	)
Net Collections	454,106.88

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of April 01, 2015 through April 30, 2015

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
4012015		30101701	AZUSA PACIFIC		17,000.00		318.75		17,318.75		17,000.00		6.38
4012015		30106904	COLLEGE OF SA		—		2,085.00		2,085.00		139,000.00		52.13
4012015		30108202	DAEMEN COLLEG		45,000.00		1,350.00		46,350.00		90,000.00		33.75
4012015		30110101	ELIZABETH CIT		—		1,125.00		1,125.00		75,000.00		28.13
4012015		30112002	GEORGE FOX CO		12,261.64		1,352.16		13,613.80		180,287.34		67.61
4012015		30116201	LASSEN JUNIOR		25,000.00		2,310.00		27,310.00		154,000.00		57.75
4012015		30117801	MARIAN COLLEG		—		1,200.00		1,200.00		80,000.00		30.00
4012015		30123401	PAINE COLLEGE		—		2,010.00		2,010.00		133,999.99		50.25
4012015		30133201	UNIV STU COOP		90,000.00		7,200.00		97,200.00		480,000.00		180.00
4012015		30136801	UNIVERSITY OF		—		3,000.00		3,000.00		200,000.00		75.00
4012015		30137802	VILLANOVA UNI		70,000.00		5,400.00		75,400.00		360,000.00		135.00
			TOTALS:		259,261.64		27,350.91		286,612.55		1,909,287.33		716.00
													716.00	Service Fees due

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of April 01, 2015 through April 30, 2015

Loan Number	Payoff Date		Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
30101701		4/6/2015		17,318.75		17,000.00		318.75				4012015
30112002		4/24/2015		169,271.90		168,025.70		1,246.19				7012018
TOTALS:				186,590.65		185,025.70		1,564.94		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of April 01, 2015 through April 30, 2015

Loan Number	Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of April 30, 2015

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30101601	AUBURN UNIVERSITY		3		540,000.00		12012018
30102803	BETHANY COLLEGE - HALL BOND 1967		3		60,000.00		11012017
30104201	TRUST SERVICES DIVISION		3		793,000.00		11012019
30106904	COLLEGE OF SANTA FE		3		139,000.00		10012018
30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)		3		45,000.00		4012016
30110101	ELIZABETH CITY STATE UNIVERSITY		3		75,000.00		10012017
30110802	FAIRLEIGH DICKINSON UNIV		3		340,000.00		11012017
30112301	GEORGETOWN UNIVERSITY		3		985,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		2,640,000.00		11012020
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		271,536.20		1012017
30116201	LASSEN JUNIOR COLLEGE		3		129,000.00		4012020
30117403	LYCOMING COLLEGE		3.75		24,999.99		5012015
30117501	LYNCHBURG COLLEGE		3.75		18,000.00		5012015
30117502	LYNCHBURG COLLEGE		3		155,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		80,000.00		10012016
30118401	MARYMOUNT UNIVERSITY		3		90,000.00		5012016
30119801	MILLSAPS COLLEGE		3		224,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		530,000.00		12012020
30123401	PAINE COLLEGE		3		134,000.00		10012016
30123701	UNIVERSITY OF THE ARTS		3		927,058.40		1012022
30125506	RIDER COLLEGE		3		87,000.00		5012017
30127402	ST MARY’S SCHOOL		3		131,000.00		6012020
30129101	SIMPSON COLLEGE - BOND 1966		3		46,000.00		7012016
30133201	UNIV STUDENT COOP HOUSING		3		390,000.00		4012019
30136801	UNIVERSITY OF ST THOMAS		3		200,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		290,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		1,730,000.00		6012023
30140502	WITTENBERG UNIVERSITY		3		60,000.00		5012015
30140503	WITTENBERG UNIVERSITY		3		48,000.00		11012017
	TOTALS:				11,182,594.59

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of April 30, 2015

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 04/30/2015
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of April 30, 2015

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for April 2015

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid			Net System Credits			Total Bank Credits		Wires		ACH Debits and Other Wires
20150401		0		30101701	AZUSA PACIFIC UNIVERSITY										—		—		17,318.75			17,318.75
20150401		4012015		30106904	COLLEGE OF SANTA FE		—		2,085.00		2,085.00		139,000.00		—		2,085.00		—			2,085.00
20150401		4012015		30108202	DAEMEN COLLEGE (ROSARY HILL COLLEGE)		45,000.00		1,350.00		46,350.00		90,000.00		45,000.00		1,350.00		—			46,350.00
20150401		4012015		30110101	ELIZABETH CITY STATE UNIVERSITY		—		1,125.00		1,125.00		75,000.00		—		1,125.00		—			1,125.00
20150401		4012015		30112002	GEORGE FOX COLLEGE		12,261.64		1,352.16		13,613.80		180,287.34		12,261.64		1,352.16		—			13,613.80
20150401		4012015		30117801	MARIAN COLLEGE OF FOND DU LAC		—		1,200.00		1,200.00		80,000.00		—		1,200.00		—			1,200.00
20150401		4012015		30133201	UNIV STUDENT COOP HOUSING		90,000.00		7,200.00		97,200.00		480,000.00		90,000.00		7,200.00		—			97,200.00
20150401		4012015		30136801	UNIVERSITY OF ST THOMAS		—		3,000.00		3,000.00		200,000.00		—		3,000.00		—			3,000.00
System Credits 4/1																									181,892.55
System Debits 4/1																									—
Bank Credit 4/1
Bank Debit 4/1 (service fees)
Bank Debit 4/1
Trustee Wire 4/1
20150406		0		30101701	AZUSA PACIFIC UNIVERSITY										—		—		(17,318.75	)		(17,318.75	)
20150406		4012015		30101701	AZUSA PACIFIC UNIVERSITY		17,000.00		318.75		17,318.75		17,000.00		17,000.00		318.75		—			17,318.75
20150406		4012015		30137802	VILLANOVA UNIVERSITY		70,000.00		5,400.00		75,400.00		360,000.00		70,000.00		5,400.00		—			75,400.00
System Credits 4/6																									92,718.75
System Debits 4/6																									(17,318.75	)
Bank Credit 4/2																												181,892.55
Bank Debit 4/2 (service and inspection fees)																																1,908.98
Bank Debit 4/2
Trustee Wire 4/2																														179,983.57
20150407		4012015		30123401	PAINE COLLEGE		—		2,010.00		2,010.00		133,999.99		—		1,993.40		—			1,993.40
20150407		0		30123401	PAINE COLLEGE										—		—		16.60			16.60
																						—
																						—
																						—
System Credits 4/7																									2,010.00
System Debits 4/7																									—
Bank Credit 4/7																												92,718.75
Bank Debit 4/7 (payment reversal)																																17,318.75
Bank Debit 4/7
Trustee Wire 4/7																														75,400.00
20150408		10012015		30123401	PAINE COLLEGE										—		16.60		—			16.60
20150408		0		30123401	PAINE COLLEGE										—		—		(16.60	)		(16.60	)
20150408		0		30123401	PAINE COLLEGE										—		—		—			—
System Credits 4/8																									16.60
System Debits 4/8																									(16.60	)
Bank Credit 4/8																												2,010.00
Bank Debit 4/8
Bank Debit 4/8
Trustee Wire 4/8																														2,010.00
20150410		4012015		30116201	LASSEN JUNIOR COLLEGE		25,000.00		2,310.00		27,310.00		154,000.00		25,000.00		2,310.00		—			27,310.00
																						—
																						—
																						—
System Credits 4/10																									27,310.00
System Debits 4/10																									—
Bank Credit 4/9																												16.60
Bank Credit 4/9
Bank Debit 4/9 (payment reversal)																																16.60
Bank Debit 4/9 (service fee)
Trustee Wire 4/9

20150420	0	30112002	GEORGE FOX COLLEGE						—	—	169,571.89		169,571.89
													—
													—
System Credits 4/20															169,571.89
System Debits 4/20															—
Bank Credit 4/13 (overdraft funding)																	27,310.00
Bank Debit 4/13
Bank Debit 4/13 (payment reversal)
Trustee Wire 4/13																		27,310.00
20150424	0	30112002	GEORGE FOX COLLEGE						—	—	(169,571.89	)	(169,571.89	)
20150424	4242015	30112002	GEORGE FOX COLLEGE						—	—	—		—
20150424	0	30112002	GEORGE FOX COLLEGE						168,025.70	1,246.19	—		169,271.89
													—
System Credits 4/24															169,271.89
System Debits 4/24															(169,571.89	)
Bank Credit 4/21																	169,571.89
Bank Debit 4/21
Bank Debit 4/21
Trustee Wire 4/21																		169,571.89
20150427	0	30117002	LONG ISLAND UNIVERSITY						—	—	(1,061.56	)	(1,061.56	)
													—
													—
System Credits 4/27															—
System Debits 4/27															(1,061.56	)
Bank Credit 4/27 (overdraft funding)																	300.00
Bank Credit 4/27																	169,271.89
Bank Debit 4/27 (payment reversal)																			169,571.89
Bank Debit 4/27
Trustee Wire 4/27
													—
													—
													—
System Credits 4/28															—
System Debits 4/28															—
Bank Credit 4/28 (overdraft funding)																	1,061.56
Bank Debit 4/28 (payment reversal)																			1,061.56
Bank Debit 4/28
Trustee Wire 4/28
			TOTALS:	259,261.64	27,350.91	286,612.55		1,909,287.33	427,287.34	28,597.10	(1,061.56	)	454,822.88		454,822.88		644,153.24	454,275.46	189,877.78
							��
Loans Due in Current Period and Paid in Prior Period:
	none
			TOTALS:	—	—	—		—
Loans Due in Current Period Not Yet Paid:
	none
			TOTALS:	—	—	—		—
			GRAND TOTAL:	259,261.64	27,350.91	286,612.55		1,909,287.33

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

April-15

Total System Credits @ 4/30		454,822.88
Total Bank Credits @ 4/30		644,153.24
	in transit wire
	in transit credit
4/7/2015	payment reversal	(17,318.75	)
4/9/2015	payment reversal	(16.60	)
4/27/2015	payment reversal	(169,571.89	)
4/28/2015	payment reversal	(1,061.56	)
	payment reversal
	payment reversal
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	Direct to Lender payments
4/27/2015	overdraft funding	(300.00	)
4/28/2015	overdraft funding	(1,061.56	)
	in transit
		454,822.88
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

April-15

Total Bank Credits @ 4/30		644,153.24
Total Debits to Trustee @ 4/30		454,275.46
4/2/2015	Service Fees	1,773.98
4/2/2015	Inspection Fees	135.00
	Trust Expense
4/7/2015	payment reversal	17,318.75
4/9/2015	payment reversal	16.60
4/27/2015	payment reversal	169,571.89
4/28/2015	payment reversal	1,061.56
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	overdraft funding repay
	funds movement adjustment
	payment reversal
	funds movement adjustment
	overdraft funding repay
Adjusted Debits to Trustee		644,153.24
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of May 01, 2015 through May 31, 2015

Collections:
Principal Payments	273,999.99
Interest Payments	98,201.25
Total Principal and Interest Collections	372,201.24
Payments and Reversals Posted to Suspense	—
Total Collections	372,201.24
Less: Servicing Fees (not withheld from remittances)	(2,071.89	)
Net Collections	370,129.35

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of May 01, 2015 through May 31, 2015

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
05012015		30102803	BETHANY COLLE		—		900.00		900.00		60,000.00		22.50
05012015		30104201	CALIFORNIA ST		—		11,895.00		11,895.00		793,000.00		297.38
05012015		30110802	FAIRLEIGH DIC		—		5,100.00		5,100.00		340,000.00		127.50
05012015		30112301	GEORGETOWN UN		—		14,775.00		14,775.00		985,000.00		369.38
05012015		30112302	GEORGETOWN UN		—		52,800.00		52,800.00		2,640,000.00		990.00
05012015		30117403	LYCOMING COLL		24,999.99		468.74		25,468.73		24,999.99		9.37
05012015		30117501	LYNCHBURG COL		18,000.00		337.50		18,337.50		18,000.00		6.75
05012015		30117502	LYNCHBURG COL		40,000.00		2,325.00		42,325.00		155,000.00		58.13
05012015		30118401	MARYMOUNT UNI		45,000.00		1,350.00		46,350.00		90,000.00		33.75
05012015		30119801	MILLSAPS COLL		—		3,360.01		3,360.01		224,000.00		84.00
05012015		30125506	RIDER COLLEGE		30,000.00		1,305.00		31,305.00		87,000.00		32.63
05012015		30140502	WITTENBERG UN		60,000.00		900.00		60,900.00		60,000.00		22.50
05012015		30140503	WITTENBERG UN		—		720.00		720.00		48,000.00		18.00
			TOTALS:		217,999.99		96,236.25		314,236.24		5,524,999.99		2,071.89
													2,071.89	Service Fees due

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of May 01, 2015 through May 31, 2015

Loan Number	Payoff Date		Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
30117403		5/19/2015		25,468.73		24,999.99		468.74				5012015
30117501		5/1/2015		18,337.50		18,000.00		337.50				5012015
30118401		5/7/2015		91,350.00		90,000.00		1,350.00				5012016
30140502		5/19/2015		60,900.00		60,000.00		900.00				5012015
TOTALS:				196,056.23		192,999.99		3,056.24		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of May 01, 2015 through May 31, 2015

Loan Number	Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of May 31, 2015

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30101601	AUBURN UNIVERSITY		3		540,000.00		12012018
30102803	BETHANY COLLEGE - HALL BOND 1967		3		60,000.00		11012017
30104201	TRUST SERVICES DIVISION		3		793,000.00		11012019
30106904	COLLEGE OF SANTA FE		3		139,000.00		10012018
30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)		3		45,000.00		4012016
30110101	ELIZABETH CITY STATE UNIVERSITY		3		75,000.00		10012017
30110802	FAIRLEIGH DICKINSON UNIV		3		340,000.00		11012017
30112301	GEORGETOWN UNIVERSITY		3		985,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		2,640,000.00		11012020
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		271,536.20		1012017
30116201	LASSEN JUNIOR COLLEGE		3		129,000.00		4012020
30117502	LYNCHBURG COLLEGE		3		115,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		80,000.00		10012016
30119801	MILLSAPS COLLEGE		3		224,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		530,000.00		12012020
30123401	PAINE COLLEGE		3		134,000.00		10012016
30123701	UNIVERSITY OF THE ARTS		3		927,058.40		1012022
30125506	RIDER COLLEGE		3		57,000.00		5012017
30127402	ST MARY’S SCHOOL		3		120,000.00		6012020
30129101	SIMPSON COLLEGE - BOND 1966		3		46,000.00		7012016
30133201	UNIV STUDENT COOP HOUSING		3		390,000.00		4012019
30136801	UNIVERSITY OF ST THOMAS		3		200,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		290,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		1,730,000.00		6012023
30140503	WITTENBERG UNIVERSITY		3		48,000.00		11012017
	TOTALS:				10,908,594.60

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of May 31, 2015

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 05/31/2015
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of May 31, 2015

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for May 2015

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid			Net System Credits			Total Bank Credits		Wires		ACH Debits and Other Wires
20150501		5012015		30104201	TRUST SERVICES DIVISION		—		11,895.00		11,895.00		793,000.00		—		11,895.00		—			11,895.00
20150501		5012015		30110802	FAIRLEIGH DICKINSON UNIV		—		5,100.00		5,100.00		340,000.00		—		5,100.00		—			5,100.00
20150501		5012015		30112301	GEORGETOWN UNIVERSITY		—		14,775.00		14,775.00		985,000.00		—		14,775.00		—			14,775.00
20150501		5012015		30112302	GEORGETOWN UNIVERSITY		—		52,800.00		52,800.00		2,640,000.00		—		52,800.00		—			52,800.00
20150501		0		30117403	LYCOMING COLLEGE										—		—		468.75			468.75
20150501		5012015		30117501	LYNCHBURG COLLEGE		18,000.00		337.50		18,337.50		18,000.00		18,000.00		337.50		—			18,337.50
20150501		5012015		30117502	LYNCHBURG COLLEGE		40,000.00		2,325.00		42,325.00		155,000.00		40,000.00		2,325.00		—			42,325.00
20150501		0		30118401	MARYMOUNT UNIVERSITY										—		—		1,350.00			1,350.00
20150501		0		30119801	MILLSAPS COLLEGE										—		—		3,360.00			3,360.00
20150501		0		30125506	RIDER COLLEGE										—		—		405.00			405.00
20150501		0		30140502	WITTENBERG UNIVERSITY										—		—		900.00			900.00
20150501		5012015		30140503	WITTENBERG UNIVERSITY		—		720.00		720.00		48,000.00		—		720.00		—			720.00
System Credits 5/1																									152,436.25
System Debits 5/1																									—
Bank Credit 5/1
Bank Debit 5/1
Bank Debit 5/1
Trustee Wire 5/1
20150505		5012015		30102803	BETHANY COLLEGE - HALL BOND 1967		—		900.00		900.00		60,000.00		—		900.00		—			900.00
20150505		0		30119801	MILLSAPS COLLEGE										—		—		(3,360.00	)		(3,360.00	)
20150505		5012015		30119801	MILLSAPS COLLEGE		—		3,360.01		3,360.01		224,000.00		—		3,360.01		—			3,360.01
System Credits 5/5																									4,260.01
System Debits 5/5																									(3,360.00	)
Bank Credit 5/4																												152,436.25
Bank Debit 5/7
Bank Debit 5/4 (overdraft funding repay)																																1,361.56
Trustee Wire 5/4																														151,074.69
20150506		0		30118401	MARYMOUNT UNIVERSITY										—		—		90,000.00			90,000.00
20150506		5012015		30125506	RIDER COLLEGE		30,000.00		1,305.00		31,305.00		87,000.00		30,000.00		1,305.00		—			31,305.00
20150506		0		30125506	RIDER COLLEGE										—		—		(405.00	)		(405.00	)
20150506		0		30125506	RIDER COLLEGE										—		—		—			—
																						—
System Credits 5/6																									121,305.00
System Debits 5/6																									(405.00	)
Bank Credit 5/6																												4,260.01
Bank Debit 5/6 (payment reversal)																																3,360.00
Bank Debit 5/6
Trustee Wire 5/6																														900.01
20150507		0		30118401	MARYMOUNT UNIVERSITY										—		—		(90,000.00	)		(90,000.00	)
20150507		0		30118401	MARYMOUNT UNIVERSITY										—		—		(1,350.00	)		(1,350.00	)
20150507		0		30118401	MARYMOUNT UNIVERSITY		45,000.00		1,350.00		46,350.00		90,000.00		90,000.00		1,350.00		—			91,350.00
System Credits 5/7																									91,350.00
System Debits 5/7																									(91,350.00	)
Bank Credit 5/7																												121,305.00
Bank Debit 5/7 (payment reversal)																																405.00
Bank Debit 5/7
Trustee Wire 5/7																														120,900.00
20150518		0		30117403	LYCOMING COLLEGE										—		—		25,000.00			25,000.00
20150518		0		30140502	WITTENBERG UNIVERSITY										—		—		60,000.00			60,000.00
																						—
																						—
System Credits 5/18																									85,000.00
System Debits 5/18																									—
Bank Credit 5/8																												91,350.00
Bank Credit 5/8
Bank Debit 5/8 (payment reversal)																																91,350.00
Bank Debit 5/8
Trustee Wire 5/8

20150519	0	30117403	LYCOMING COLLEGE					—	—	—		—
20150519	0	30117403	LYCOMING COLLEGE					—	—	(25,468.73	)	(25,468.73	)
20150519	5012015	30117403	LYCOMING COLLEGE	24,999.99	468.74	25,468.73	24,999.99	24,999.99	468.74	—		25,468.73
20150519	0	30140502	WITTENBERG UNIVERSITY					—	—	(60,000.00	)	(60,000.00	)
20150519	0	30140502	WITTENBERG UNIVERSITY					—	—	(900.00	)	(900.00	)
20150519	5012015	30140502	WITTENBERG UNIVERSITY	60,000.00	900.00	60,900.00	60,000.00	60,000.00	900.00	—		60,900.00
System Credits 5/19														86,368.73
System Debits 5/19														(86,368.73	)
Bank Credit 5/19																85,000.00
Bank Debit 5/19 (service fee)																		716.00
Bank Debit 5/19
Trustee Wire 5/19																	84,284.00
20150526	6012015	30127402	ST MARY’S SCHOOL					11,000.00	1,965.00	—		12,965.00
												—
												—
												—
System Credits 5/26														12,965.00
System Debits 5/26														—
Bank Credit 5/20																86,368.73
Bank Debit 5/20 (payment reversal)																		86,368.73
Bank Debit 5/20
Trustee Wire 5/20
20150528	0	30117403	LYCOMING COLLEGE					—	—	(0.02	)	(0.02	)
												—
												—
System Credits 5/28														—
System Debits 5/28														(0.02	)
Bank Credit 5/27																12,965.00
Bank Credit 5/27
Bank Debit 5/27
Bank Debit 5/27
Trustee Wire 5/27																	12,965.00
												—
												—
												—
System Credits 5/29														—
System Debits 5/29														—
Bank Credit 5/29 (overdraft funding)																0.02
Bank Debit 5/29 (payment reversal)																		0.02
Bank Debit 5/29
Trustee Wire 5/29
			TOTALS:	217,999.99	96,236.25	314,236.24	5,524,999.99	273,999.99	98,201.25	0.00		372,201.24		372,201.24		553,685.01	370,123.70	183,561.31
Loans Due in Current Period and Paid in Prior Period:
	none
			TOTALS:	—	—	—	—
Loans Due in Current Period Not Yet Paid:
	none
			TOTALS:	—	—	—	—
			GRAND TOTAL:	217,999.99	96,236.25	314,236.24	5,524,999.99

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

May-15

Total System Credits @ 5/31		372,201.24
Total Bank Credits @ 5/31		553,685.01
	in transit wire
	in transit credit
5/6/2015	payment reversal	(3,360.00	)
5/7/2015	payment reversal	(405.00	)
5/8/2015	payment reversal	(91,350.00	)
5/20/2015	payment reversal	(86,368.73	)
5/29/2015	payment reversal	(0.02	)
	payment reversal
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	Direct to Lender payments
5/29/2015	overdraft funding	(0.02	)
	overdraft funding
	in transit
		372,201.24
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

May-15

Total Bank Credits @ 5/31		553,685.01
Total Debits to Trustee @ 5/31		370,123.70
5/19/2015	Service Fees	716.00
	Inspection Fees
	Trust Expense
5/6/2015	payment reversal	3,360.00
5/7/2015	payment reversal	405.00
5/8/2015	payment reversal	91,350.00
5/20/2015	payment reversal	86,368.73
5/29/2015	payment reversal	0.02
	payment reversal
	payment reversal
	payment reversal
5/4/2015	overdraft funding repay	1,361.56
	funds movement adjustment
	payment reversal
	funds movement adjustment
	overdraft funding repay
Adjusted Debits to Trustee		553,685.01
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of June 01, 2015 through June 30, 2015

Collections:
Principal Payments	170,000.00
Interest Payments	42,000.00
Total Principal and Interest Collections	212,000.00
Payments and Reversals Posted to Suspense	—
Total Collections	212,000.00
Less: Servicing Fees (not withheld from remittances)	(1,099.13	)
Net Collections	210,900.87

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of June 01, 2015 through June 30, 2015

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
06012015		30101601	AUBURN UNIVER		—		8,100.00		8,100.00		540,000.00		202.50
06012015		30119903	MISSISSIPPI S		—		7,950.00		7,950.00		530,000.00		198.75
06012015		30127402	ST MARY’S COL		11,000.00		1,965.00		12,965.00		131,000.00		49.13
06012015		30137901	VINCENNES UNI		170,000.00		25,950.00		195,950.00		1,730,000.00		648.75
													—
													—
													—
													—
													—
													—
													—
													—
													—
			TOTALS:		181,000.00		43,965.00		224,965.00		2,931,000.00		1,099.13
													1,099.13	Service Fees due

Page 2 of 7

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of June 01, 2015 through June 30, 2015

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTALS:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of June 01, 2015 through June 30, 2015

Loan Number	Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of June 30, 2015

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30101601	AUBURN UNIVERSITY		3		540,000.00		12012018
30102803	BETHANY COLLEGE - HALL BOND 1967		3		60,000.00		11012017
30104201	TRUST SERVICES DIVISION		3		793,000.00		11012019
30106904	COLLEGE OF SANTA FE		3		139,000.00		10012018
30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)		3		45,000.00		4012016
30110101	ELIZABETH CITY STATE UNIVERSITY		3		75,000.00		10012017
30110802	FAIRLEIGH DICKINSON UNIV		3		340,000.00		11012017
30112301	GEORGETOWN UNIVERSITY		3		985,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		2,640,000.00		11012020
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		271,536.17		1012017
30116201	LASSEN JUNIOR COLLEGE		3		129,000.00		4012020
30117502	LYNCHBURG COLLEGE		3		115,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		80,000.00		10012016
30119801	MILLSAPS COLLEGE		3		224,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		530,000.00		12012020
30123401	PAINE COLLEGE		3		133,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		927,058.35		1012022
30125506	RIDER COLLEGE		3		57,000.00		5012017
30127402	ST MARY’S SCHOOL		3		120,000.00		6012020
30129101	SIMPSON COLLEGE - BOND 1966		3		46,000.00		7012016
30133201	UNIV STUDENT COOP HOUSING		3		390,000.00		4012019
30136801	UNIVERSITY OF ST THOMAS		3		200,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		290,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		1,560,000.00		6012023
30140503	WITTENBERG UNIVERSITY		3		48,000.00		11012017
	TOTALS:				10,738,594.51

Page 5 of 7

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of June 30, 2015

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 06/30/2015
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of June 30, 2015

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for June 2015

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense		Total Paid		Net System Credits		Total Bank Credits		Wires		ACH Debits and Other Wires
20150601		6012015		30101601	AUBURN UNIVERSITY		—		8,100.00		8,100.00		540,000.00		—		8,100.00		—		8,100.00
20150601		6012015		30119903	MISSISSIPPI STATE UNIVERSITY		—		7,950.00		7,950.00		530,000.00		—		7,950.00		—		7,950.00
20150601		6012015		30137901	VINCENNES UNIVERSITY		170,000.00		25,950.00		195,950.00		1,730,000.00		170,000.00		25,950.00		—		195,950.00
																					—
																					—
																					—
System Credits 6/1																							212,000.00
System Debits 6/1																							—
Bank Credit 6/1
Bank Debit 6/1
Bank Debit 6/1
Trustee Wire 6/1
																					—
																					—
																					—
System Credits 6/2																							—
System Debits 6/2																							—
Bank Credit 6/2																									212,000.00
Bank Debit 6/2
Bank Debit 6/2
Trustee Wire 6/2																											212,000.00
					TOTALS:		170,000.00		42,000.00		212,000.00		2,800,000.00		170,000.00		42,000.00		—		212,000.00		212,000.00		212,000.00		212,000.00		—
Loans Due in Current Period and Paid in Prior Period:
		6012015		30127402	ST MARY’S COL		11,000.00		1,965.00		12,965.00		131,000.00
					TOTALS:		11,000.00		1,965.00		12,965.00		131,000.00
Loans Due in Current Period Not Yet Paid:
		none
					TOTALS:		—		—		—		—
					GRAND TOTAL:		181,000.00		43,965.00		224,965.00		2,931,000.00

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

June-15

Total System Credits @ 6/30		212,000.00
Total Bank Credits @ 6/30		212,000.00
	in transit wire
	in transit credit
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	Direct to Lender payments
	overdraft funding
	overdraft funding
	in transit
		212,000.00
Adjusted Bank Credits:

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

June-15

Total Bank Credits @ 6/30		212,000.00
Total Debits to Trustee @ 6/30		212,000.00
	Service Fees
	Inspection Fees
	Trust Expense
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	overdraft funding repay
	funds movement adjustment
	payment reversal
	funds movement adjustment
	overdraft funding repay
Adjusted Debits to Trustee		212,000.00

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of July 01, 2015 through July 31, 2015

Collections:
Principal Payments	170,726.48
Interest Payments	18,668.92
Total Principal and Interest Collections	189,395.40
Payments and Reversals Posted to Suspense	(7,200.00	)
Total Collections	182,195.40
Less: Servicing Fees (not withheld from remittances)	(466.73	)
Net Collections	181,728.67

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of July 01, 2015 through July 31, 2015

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
7012015		30114802	INTER AMERICA		88,724.16		4,073.04		92,797.20		271,536.20		101.83
7012015		30123701	PHILADELPHIA		60,002.32		13,905.88		73,908.20		927,058.40		347.65
7012015		30129101	SIMPSON COLLE		22,000.00		690.00		22,690.00		46,000.00		17.25
													—
													—
													—
													—
													—
													—
													—
													—
													—
													—
			TOTALS:		170,726.48		18,668.92		189,395.40		1,244,594.60		466.73
													466.73	Service Fees due

Page 2 of 7

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of July 01, 2015 through July 31, 2015

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTALS:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of July 01, 2015 through July 31, 2015

Loan Number	Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of July 31, 2015

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30101601	AUBURN UNIVERSITY		3		540,000.00		12012018
30102803	BETHANY COLLEGE - HALL BOND 1967		3		60,000.00		11012017
30104201	CALIFORNIA STATE UNIVERSITY HOUSING BOND		3		793,000.00		11012019
30106904	COLLEGE OF SANTA FE		3		139,000.00		10012018
30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)		3		45,000.00		4012016
30110101	ELIZABETH CITY STATE UNIVERSITY		3		75,000.00		10012017
30110802	FAIRLEIGH DICKINSON UNIV		3		340,000.00		11012017
30112301	GEORGETOWN UNIVERSITY		3		985,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		2,640,000.00		11012020
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		182,812.00		1012017
30116201	LASSEN JUNIOR COLLEGE		3		129,000.00		4012020
30117502	LYNCHBURG COLLEGE		3		115,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		80,000.00		10012016
30119801	MILLSAPS COLLEGE		3		224,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		530,000.00		12012020
30123401	PAINE COLLEGE		3		134,000.00		10012016
30123701	UNIVERSITY OF THE ARTS		3		867,056.00		1012022
30125506	RIDER COLLEGE		3		57,000.00		5012017
30127402	ST MARY’S SCHOOL		3		120,000.00		6012020
30129101	SIMPSON COLLEGE - BOND 1966		3		24,000.00		7012016
30133201	UNIV STUDENT COOP HOUSING		3		390,000.00		4012019
30136801	UNIVERSITY OF ST THOMAS		3		200,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		290,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		1,560,000.00		6012023
30140503	WITTENBERG UNIVERSITY		3		48,000.00		11012017
	TOTALS:				10,567,868.00

Page 5 of 7

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of July 31, 2015

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 07/31/2015
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of July 31, 2015

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for July 2015

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid			Net System Credits			Total Bank Credits		Wires		ACH Debits and Other Wires
20150701		7012015		30123701	UNIVERSITY OF THE ARTS		60,002.32		13,905.88		73,908.20		927,058.35		60,002.32		13,905.88		—			73,908.20
20150701		7012015		30129101	SIMPSON COLLEGE - BOND 1966		22,000.00		690.00		22,690.00		46,000.00		22,000.00		690.00		—			22,690.00
																						—
																						—
																						—
																						—
System Credits 7/1																									96,598.20
System Debits 7/1																									—
Bank Credit 7/1
Bank Debit 7/1
Bank Debit 7/1
Trustee Wire 7/1
20150709		7012015		30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		88,724.16		4,073.04		92,797.20		271,536.17		88,724.16		4,073.04		—			92,797.20
																						—
																						—
System Credits 7/9																									92,797.20
System Debits 7/9																									—
Bank Credit 7/2																												96,598.20
Bank Debit 7/2 (service fees)																																2,071.89
Bank Debit 7/6 (OD repay)																																0.02
Trustee Wire 7/2																														94,526.29
20150721		0		30133201	UNIV STUDENT COOP HOUSING										—		—		(7,200.00	)		(7,200.00	)
																						—
																						—
																						—
																						—
System Credits 7/21																									(7,200.00	)
System Debits 7/21																									—
Bank Credit 7/10																												92,797.20
Bank Debit 7/10 (service fees)																																1,099.13
Bank Debit 7/10
Trustee Wire 7/10																														91,698.07
																						—
																						—
																						—
System Credits 7/22																									—
System Debits 7/22																									—
Bank Credit 7/23 (Overdraft funding)																												7,200.00
Bank Debit 7/22 (payment reversal)																																7,200.00
Bank Debit 7/22
Trustee Wire 7/22
					TOTALS:		170,726.48		18,668.92		189,395.40		1,244,594.52		170,726.48		18,668.92		(7,200.00	)		182,195.40			182,195.40			196,595.40		186,224.36		10,371.04
Loans Due in Current Period and Paid in Prior Period:
					TOTALS:		—		—		—		—
Loans Due in Current Period Not Yet Paid:
		none
					TOTALS:		—		—		—		—
					GRAND TOTAL:		170,726.48		18,668.92		189,395.40		1,244,594.52

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

July-15

Total System Credits @ 7/31		182,195.40
Total Bank Credits @ 7/31		196,595.40
	in transit wire
	in transit credit
7/22/2015	payment reversal	(7,200.00	)
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	Direct to Lender payments
7/23/2015	overdraft funding	(7,200.00	)
	overdraft funding
	in transit
		182,195.40
Adjusted Bank Credits:

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

July-15

Total Bank Credits @ 7/31		196,595.40
Total Debits to Trustee @ 7/31		186,224.36
7/2/2015	Service Fees	2,071.89
7/10/2015	Service Fees	1,099.13
	Inspection Fees
	Trust Expense
7/22/2015	payment reversal	7,200.00
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	overdraft funding repay
	funds movement adjustment
	payment reversal
	funds movement adjustment
7/6/2015	overdraft funding repay	0.02
Adjusted Debits to Trustee		196,595.40

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of August 01, 2015 through August 31, 2015

Collections:
Principal Payments	—
Interest Payments	—
Total Principal and Interest Collections	—
Payments and Reversals Posted to Suspense	—
Total Collections	—
Less: Servicing Fees (not withheld from remittances)	—
Net Collections	—

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of August 01, 2015 through August 31, 2015

Date Due

Loan Number

Borrower Name

Principal Due

Interest Due

Total Due

Principal Balance

Service Fees

no data

—

—

—

—

—

—

—

—

—

—

—

—

—

TOTALS:

—

—

—

—

—

—

Service Fees due

Page 2 of 7

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of August 01, 2015 through August 31, 2015

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTALS:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of August 01, 2015 through August 31, 2015

Loan Number	Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of August 31, 2015

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30101601	AUBURN UNIVERSITY		3		540,000.00		12012018
30102803	BETHANY COLLEGE - HALL BOND 1967		3		60,000.00		11012017
30104201	CALIFORNIA STATE UNIVERSITY HOUSING BOND		3		793,000.00		11012019
30106904	COLLEGE OF SANTA FE		3		139,000.00		10012018
30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)		3		45,000.00		4012016
30110101	ELIZABETH CITY STATE UNIVERSITY		3		75,000.00		10012017
30110802	FAIRLEIGH DICKINSON UNIV		3		340,000.00		11012017
30112301	GEORGETOWN UNIVERSITY		3		985,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		2,640,000.00		11012020
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		182,812.00		1012017
30116201	LASSEN JUNIOR COLLEGE		3		129,000.00		4012020
30117502	LYNCHBURG COLLEGE		3		115,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		80,000.00		10012016
30119801	MILLSAPS COLLEGE		3		224,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		530,000.00		12012020
30123401	PAINE COLLEGE		3		134,000.00		10012016
30123701	UNIVERSITY OF THE ARTS		3		867,056.00		1012022
30125506	RIDER COLLEGE		3		57,000.00		5012017
30127402	ST MARY’S SCHOOL		3		120,000.00		6012020
30129101	SIMPSON COLLEGE - BOND 1966		3		24,000.00		7012016
30133201	UNIV STUDENT COOP HOUSING		3		390,000.00		4012019
30136801	UNIVERSITY OF ST THOMAS		3		200,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		290,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		1,560,000.00		6012023
30140503	WITTENBERG UNIVERSITY		3		48,000.00		11012017
	TOTALS:				10,567,868.00

Page 5 of 7

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of August 31, 2015

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 08/31/2015
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of August 31, 2015

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for August 2015

Date Received

Date Due

Loan Number

Borrower Name

Principal Due

Interest Due

Total Due

Principal Balance

Principal Paid

Interest Paid

Suspense

Total Paid

Net System Credits

Total Bank Credits

Wires

ACH Debits and Other Wires

no data

—

—

—

—

—

—

System Credits 8/1

—

System Debits 8/1

—

Bank Credit 8/1

Bank Debit 8/1

Bank Debit 8/1

Trustee Wire 8/1

TOTALS:

—

—

—

—

—

—

—

—

—

—

—

—

Loans Due in Current Period and Paid in Prior Period:

none

TOTALS:

—

—

—

—

Loans Due in Current Period Not Yet Paid:

none

TOTALS:

—

—

—

—

GRAND TOTAL:

—

—

—

—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

August-15

Total System Credits @ 8/31		—
Total Bank Credits @ 8/31		—
	in transit wire
	in transit credit
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	Direct to Lender payments
	overdraft funding
	overdraft funding
	in transit
		—
Adjusted Bank Credits:

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

August-15

Total Bank Credits @ 8/31		—
Total Debits to Trustee @ 8/31		—
	Service Fees
	Service Fees
	Inspection Fees
	Trust Expense
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	overdraft funding repay
	funds movement adjustment
	payment reversal
	funds movement adjustment
	overdraft funding repay
Adjusted Debits to Trustee		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of September 01, 2015 through September 30, 2015

Collections:
Principal Payments	—
Interest Payments	4,350.00
Total Principal and Interest Collections	4,350.00
Payments and Reversals Posted to Suspense	—
Total Collections	4,350.00
Less: Servicing Fees (not withheld from remittances)	—
Net Collections	4,350.00

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of September 01, 2015 through September 30, 2015

Date Due

Loan Number

Borrower Name

Principal Due

Interest Due

Total Due

Principal Balance

Service Fees

no data

—

—

—

—

—

—

—

—

—

—

—

—

—

TOTALS:

—

—

—

—

—

—

Service Fees due

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of September 01, 2015 through September 30, 2015

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTALS:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of September 01, 2015 through September 30, 2015

Loan Number	Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of September 30, 2015

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30101601	AUBURN UNIVERSITY		3		540,000.00		12012018
30102803	BETHANY COLLEGE - HALL BOND 1967		3		60,000.00		11012017
30104201	CALIFORNIA STATE UNIVERSITY HOUSING BOND		3		793,000.00		11012019
30106904	COLLEGE OF SANTA FE		3		139,000.00		10012018
30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)		3		45,000.00		4012016
30110101	ELIZABETH CITY STATE UNIVERSITY		3		75,000.00		10012017
30110802	FAIRLEIGH DICKINSON UNIV		3		340,000.00		11012017
30112301	GEORGETOWN UNIVERSITY		3		985,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		2,640,000.00		11012020
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		182,812.01		1012017
30116201	LASSEN JUNIOR COLLEGE		3		129,000.00		4012020
30117502	LYNCHBURG COLLEGE		3		115,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		80,000.00		10012016
30119801	MILLSAPS COLLEGE		3		224,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		530,000.00		12012020
30123401	PAINE COLLEGE		3		133,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		867,056.03		1012022
30125506	RIDER COLLEGE		3		57,000.00		5012017
30127402	ST MARY’S SCHOOL		3		120,000.00		6012020
30129101	SIMPSON COLLEGE - BOND 1966		3		24,000.00		7012016
30133201	UNIV STUDENT COOP HOUSING		3		390,000.00		4012019
30136801	UNIVERSITY OF ST THOMAS		3		200,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		290,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		1,560,000.00		6012023
30140503	WITTENBERG UNIVERSITY		3		48,000.00		11012017
	TOTALS:				10,567,868.03

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of September 30, 2015

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 09/30/2015
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of September 30, 2015

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for September 2015

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense		Total Paid		Net System Credits		Total Bank Credits		Wires		ACH Debits and Other Wires
20150930		10012015		30137802	VILLANOVA UNIVERSITY										—		4,350.00		—		4,350.00
																					—
																					—
																					—
																					—
																					—
System Credits 9/30																							4,350.00
System Debits 9/30																							—
Bank Credit 9/1
Bank Debit 9/1
Bank Debit 9/1
Trustee Wire 9/1
					TOTALS:		—		—		—		—		—		4,350.00		—		4,350.00		4,350.00		—		—		—
Loans Due in Current Period and Paid in Prior Period:
		none
					TOTALS:		—		—		—		—
Loans Due in Current Period Not Yet Paid:
		none
					TOTALS:		—		—		—		—
					GRAND TOTAL:		—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

September-15

Total System Credits @ 9/30		4,350.00
Total Bank Credits @ 9/30		—
	in transit wire
	in transit credit
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	Direct to Lender payments
	overdraft funding
	overdraft funding
9/30/2015	in transit	4,350.00
		4,350.00
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

September-15

Total Bank Credits @ 9/30		—
Total Debits to Trustee @ 9/30		—
	Service Fees
	Service Fees
	Inspection Fees
	Trust Expense
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	overdraft funding repay
	funds movement adjustment
	payment reversal
	funds movement adjustment
	overdraft funding repay
Adjusted Debits to Trustee		—
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of October 31, 2015

None to report for this period

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of October 01, 2015 through October 31, 2015

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
10012015		30106904	COLLEGE OF SA		38,000.00		2,085.00		40,085.00		139,000.00		52.13
10012015		30108202	DAEMEN COLLEG		—		675.00		675.00		45,000.00		16.88
10012015		30110101	ELIZABETH CIT		25,000.00		1,125.00		26,125.00		75,000.00		28.13
10012015		30116201	LASSEN JUNIOR		—		1,935.00		1,935.00		129,000.00		48.38
10012015		30117801	MARIAN COLLEG		40,000.00		1,200.00		41,200.00		80,000.00		30.00
10012015		30123401	PAINE COLLEGE		66,000.00		2,010.00		68,010.00		133,999.99		50.25
10012015		30133201	UNIV STU COOP		—		5,850.00		5,850.00		390,000.00		146.25
10012015		30136801	UNIVERSITY OF		38,000.00		3,000.00		41,000.00		200,000.00		75.00
10012015		30137802	VILLANOVA UNI		—		4,350.00		4,350.00		290,000.00		108.75
													—
													—
													—
													—
			TOTALS:		207,000.00		22,230.00		229,230.00		1,481,999.99		555.77
													555.77	Service Fees due

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of October 01, 2015 through October 31, 2015

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTALS:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of October 01, 2015 through October 31, 2015

Loan Number	Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of October 31, 2015

Loan Number	Borrower Name		Interest Rate		Current UPB		Maturity Date
30101601	AUBURN UNIVERSITY			3		540,000.00		12012018
30102803	BETHANY COLLEGE - HALL BOND 1967			3		60,000.00		11012017
30104201	CALIFORNIA STATE UNIVERSITY HOUSING BOND			3		793,000.00		11012019
30106904	COLLEGE OF SANTA FE			3		101,000.00		10012018
30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)			3		45,000.00		4012016
30110101	ELIZABETH CITY STATE UNIVERSITY			3		50,000.00		10012017
30110802	FAIRLEIGH DICKINSON UNIV			3		340,000.00		11012017
30112301	GEORGETOWN UNIVERSITY			3		985,000.00		11012020
30112302	GEORGETOWN UNIVERSITY			4		2,640,000.00		11012020
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO			3		182,812.01		1012017
30116201	LASSEN JUNIOR COLLEGE			3		129,000.00		4012020
30117502	LYNCHBURG COLLEGE			3		115,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC			3		40,000.00		10012016
30119801	MILLSAPS COLLEGE			3		224,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY			3		530,000.00		12012020
30123401	PAINE COLLEGE			3		67,999.99		10012016
30123701	UNIVERSITY OF THE ARTS	��		3		867,056.03		1012022
30125506	RIDER COLLEGE			3		57,000.00		5012017
30127402	ST MARY’S SCHOOL			3		120,000.00		6012020
30129101	SIMPSON COLLEGE—BOND 1966			3		24,000.00		7012016
30133201	UNIV STUDENT COOP HOUSING			3		390,000.00		4012019
30136801	UNIVERSITY OF ST THOMAS			3		162,000.00		10012019
30137802	VILLANOVA UNIVERSITY			3		290,000.00		4012019
30137901	VINCENNES UNIVERSITY			3		1,560,000.00		6012023
30140503	WITTENBERG UNIVERSITY			3		48,000.00		11012017
	TOTALS:					10,360,868.03

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of October 31, 2015

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 10/31/2015
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of October 31, 2015

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for September 2015

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid			Net System Credits			Total Bank Credits		Wires		ACH Debits and Other Wires
20151001		0		30101701	AZUSA PACIFIC UNIVERSITY										—		—		1,695.00			1,695.00
20151001		10012015		30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)		—		675.00		675.00		45,000.00		—		675.00		—			675.00
20151001		10012015		30110101	ELIZABETH CITY STATE UNIVERSITY		25,000.00		1,125.00		26,125.00		75,000.00		25,000.00		1,125.00		—			26,125.00
20151001		10012015		30117801	MARIAN COLLEGE OF FOND DU LAC		40,000.00		1,200.00		41,200.00		80,000.00		40,000.00		1,200.00		—			41,200.00
20151001		10012015		30133201	UNIV STUDENT COOP HOUSING		—		5,850.00		5,850.00		390,000.00		—		5,850.00		—			5,850.00
20151001		10012015		30136801	UNIVERSITY OF ST THOMAS		38,000.00		3,000.00		41,000.00		200,000.00		38,000.00		3,000.00		—			41,000.00
System Credits 10/1																									116,545.00
System Debits 10/1																									—
Bank Credit 10/1																												4,350.00
Bank Debit 10/1
Bank Debit 10/1
Trustee Wire 10/1
20151002		10012015		30106904	COLLEGE OF SANTA FE		38,000.00		2,085.00		40,085.00		139,000.00		38,000.00		2,085.00		—			40,085.00
																						—
																						—
System Credits 10/2																									40,085.00
System Debits 10/2																									—
Bank Credit 10/2																												116,545.00
Bank Debit 10/2 (service fees)																																466.73
Bank Debit 10/5 (OD repay)																																7,200.00
Trustee Wire 10/2																														113,228.27
20151005		0		30101701	AZUSA PACIFIC UNIVERSITY										—		—		(1,695.00	)		(1,695.00	)
																						—
																						—
																						—
																						—
System Credits 10/5																									—
System Debits 10/5																									(1,695.00	)
Bank Credit 10/5																												40,085.00
Bank Debit 10/5 (inspection fees)																																540.00
Bank Debit 10/5
Trustee Wire 10/5																														39,545.00
20151006		10012015		30116201	LASSEN JUNIOR COLLEGE		—		1,935.00		1,935.00		129,000.00		—		1,935.00		—			1,935.00
																						—
																						—
System Credits 10/6																									1,935.00
System Debits 10/6																									—
Bank Credit 10/6 (Overdraft funding)																												1,695.00
Bank Debit 10/6 (payment reversal)																																1,695.00
Bank Debit 10/6
Trustee Wire 10/6
20151008		0		30133201	UNIV STUDENT COOP HOUSING										—		—		5,850.00			5,850.00
																						—
																						—
																						—
System Credits 10/8																									5,850.00			T2.01.M.02,
System Debits 10/8																									—
Bank Credit 10/7																												1,935.00
Bank Credit 10/7
Bank Debit 10/8 (overdraft funding repay)																																1,695.00
Bank Debit 10/7
Trustee Wire 10/7																														240.00
20151027		0		30123401	PAINE COLLEGE										—		—		68,010.00			68,010.00
																						—
																						—
System Credits 10/27																									68,010.00
System Debits 10/27																									—
Bank Credit 10/9																												5,850.00
Bank Debit 10/9
Bank Debit 10/9
Trustee Wire 10/9																														5,850.00
20151030		0		30123401	PAINE COLLEGE										—		—		(68,010.00	)		(68,010.00	)
20151030		10012015		30123401	PAINE COLLEGE		66,000.00		2,010.00		68,010.00		133,999.99		66,000.00		—		—			66,000.00
20151030		10012015		30123401	PAINE COLLEGE										—		1,993.40		—			1,993.40
20151030		4012016		30123401	PAINE COLLEGE										—		16.60		—			16.60
System Credits 10/30																									68,010.00
System Debits 10/30																									(68,010.00	)
Bank Credit 10/28																												68,010.00
Bank Debit 10/28
Bank Debit 10/28
Trustee Wire 10/28																														68,010.00
					TOTALS:		207,000.00		17,880.00		224,880.00		1,191,999.99		207,000.00		17,880.00		5,850.00			230,730.00			230,730.00			238,470.00		226,873.27		11,596.73
Loans Due in Current Period and Paid in Prior Period:
		10012015		30137802	VILLANOVA UNI		—		4,350.00		4,350.00		290,000.00
					TOTALS:		—		4,350.00		4,350.00		290,000.00
Loans Due in Current Period Not Yet Paid:
					TOTALS:		—		—		—		—
					GRAND TOTAL:		207,000.00		22,230.00		229,230.00		1,481,999.99

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

October-15

Total System Credits @ 10/31		230,730.00
Total Bank Credits @ 10/31		238,470.00
9/30/2015	in transit wire
9/30/2015	in transit credit	(4,350.00	)
10/6/2015	payment reversal	(1,695.00	)
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	Direct to Lender payments
	overdraft funding
10/6/2015	overdraft funding	(1,695.00	)
	in transit
		230,730.00
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

October-15

Total Bank Credits @ 10/31		238,470.00
Total Debits to Trustee @ 10/31		226,873.27
10/2/2015	Service Fees	466.73
	Service Fees
10/5/2015	Inspection Fees	540.00
	Trust Expense
10/6/2015	payment reversal	1,695.00
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
10/5/2015	overdraft funding repay	7,200.00
10/8/2015	overdraft funding repay	1,695.00
	payment reversal
	funds movement adjustment
	overdraft funding repay
Adjusted Debits to Trustee		238,470.00
		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Collection Account Activity Report

For the Period of November 01, 2015 through November 30, 2015

Collections:
Principal Payments	894,000.00
Interest Payments	93,930.00
Total Principal and Interest Collections	987,930.00
Payments and Reversals Posted to Suspense	(5,850.00	)
Total Collections	982,080.00
Less: Servicing Fees (not withheld from remittances)	(1,973.27	)
Net Collections	980,106.73

Berkadia Commercial Mortgage

College & Trust Facility Loan Trust II

Service Fees Schedule

For the Period of November 01, 2015 through November 30, 2015

Date Due	Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Service Fees
11012015		30102803	BETHANY COLLE		20,000.00		900.00		20,900.00		60,000.00		22.50
11012015		30104201	CALIFORNIA ST		150,000.00		11,895.00		161,895.00		793,000.00		297.38
11012015		30110802	FAIRLEIGH DIC		110,000.00		5,100.00		115,100.00		340,000.00		127.50
11012015		30112301	GEORGETOWN UN		153,000.00		14,775.00		167,775.00		985,000.00		369.38
11012015		30112302	GEORGETOWN UN		405,000.00		52,800.00		457,800.00		2,640,000.00		990.00
11012015		30117502	LYNCHBURG COL		—		1,725.00		1,725.00		115,000.00		43.13
11012015		30119801	MILLSAPS COLL		28,000.00		3,360.00		31,360.00		224,000.00		84.00
11012015		30125506	RIDER COLLEGE		—		855.00		855.00		57,000.00		21.38
11012015		30140503	WITTENBERG UN		16,000.00		720.00		16,720.00		48,000.00		18.00
													—
													—
													—
													—
			TOTALS:		882,000.00		92,130.00		974,130.00		5,262,000.00		1,973.27
													1,973.27	Service Fees due

Page 1 of 1

Berkadia Commercial Mortgage

College and University Loan Trust II

Loans Paid in Full

For the Period of November 01, 2015 through November 30, 2015

Loan Number	Payoff Date	Total Amount Paid		Principal Amount		Interest Amount		Other Fees		Maturity Date
none to report
TOTALS:			—		—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Summary of Partial Prepayments

For the Period of November 01, 2015 through November 30, 2015

Loan Number	Date	Total Amount Paid		Principal Amount		Interest Amount
none to report
TOTAL:			—		—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Trial Balance

As of November 30, 2015

Loan Number	Borrower Name	Interest Rate		Current UPB		Maturity Date
30101601	AUBURN UNIVERSITY		3		540,000.00		12012018
30102803	BETHANY COLLEGE - HALL BOND 1967		3		40,000.00		11012017
30104201	CALIFORNIA STATE UNIVERSITY HOUSING BOND		3		643,000.00		11012019
30106904	COLLEGE OF SANTA FE		3		101,000.00		10012018
30108202	DAEMEN COLLEGE(ROSARY HILL COLLEGE)		3		45,000.00		4012016
30110101	ELIZABETH CITY STATE UNIVERSITY		3		50,000.00		10012017
30110802	FAIRLEIGH DICKINSON UNIV		3		230,000.00		11012017
30112301	GEORGETOWN UNIVERSITY		3		832,000.00		11012020
30112302	GEORGETOWN UNIVERSITY		4		2,235,000.00		11012020
30114802	INTER-AMERICAN UNIV. OF PUERTO RICO		3		182,812.00		1012017
30116201	LASSEN JUNIOR COLLEGE		3		129,000.00		4012020
30117502	LYNCHBURG COLLEGE		3		115,000.00		5012018
30117801	MARIAN COLLEGE OF FOND DU LAC		3		40,000.00		10012016
30119801	MILLSAPS COLLEGE		3		196,000.00		11012021
30119903	MISSISSIPPI STATE UNIVERSITY		3		530,000.00		12012020
30123401	PAINE COLLEGE		3		67,999.99		10012016
30123701	UNIVERSITY OF THE ARTS		3		867,056.00		1012022
30125506	RIDER COLLEGE		3		57,000.00		5012017
30127402	ST MARY’S SCHOOL		3		108,000.00		6012020
30129101	SIMPSON COLLEGE- BOND 1966		3		24,000.00		7012016
30133201	UNIV STUDENT COOP HOUSING		3		390,000.00		4012019
30136801	UNIVERSITY OF ST THOMAS		3		162,000.00		10012019
30137802	VILLANOVA UNIVERSITY		3		290,000.00		4012019
30137901	VINCENNES UNIVERSITY		3		1,560,000.00		6012023
30140503	WITTENBERG UNIVERSITY		3		32,000.00		11012017
	TOTALS:				9,466,867.99

Berkadia Commercial Mortgage

College and University Loan Trust II

Delinquency Report (60+ Days)

As of November 30, 2015

Loan Number	Borrower Name	Next Payment Due	P and I Due		Current UPB
no delinquencies as of 11/30/2015
TOTAL:				—		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Liquidation Report

As of November 30, 2015

None to report for this period

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report for November 2015

Date Received	Date Due		Loan Number		Borrower Name	Principal Due		Interest Due		Total Due		Principal Balance		Principal Paid		Interest Paid		Suspense			Total Paid			Net System Credits			Total Bank Credits		Wires		ACH Debits and Other Wires
20151102		11012015		30104201	CALIFORNIA STATE UNIVERSITY HOUSING BOND		150,000.00		11,895.00		161,895.00		793,000.00		150,000.00		11,895.00		—			161,895.00
20151102		11012015		30110802	FAIRLEIGH DICKINSON UNIV		110,000.00		5,100.00		115,100.00		340,000.00		110,000.00		5,100.00		—			115,100.00
20151102		11012015		30112301	GEORGETOWN UNIVERSITY		153,000.00		14,775.00		167,775.00		985,000.00		153,000.00		14,775.00		—			167,775.00
20151102		11012015		30112302	GEORGETOWN UNIVERSITY		405,000.00		52,800.00		457,800.00		2,640,000.00		405,000.00		52,800.00		—			457,800.00
20151102		11012015		30117502	LYNCHBURG COLLEGE		—		1,725.00		1,725.00		115,000.00		—		1,725.00		—			1,725.00
20151102		11012015		30119801	MILLSAPS COLLEGE		28,000.00		3,360.00		31,360.00		224,000.00		28,000.00		3,360.00		—			31,360.00
20151102		11012015		30140503	WITTENBERG UNIVERSITY		16,000.00		720.00		16,720.00		48,000.00		16,000.00		720.00		—			16,720.00
System Credits 11/2																									952,375.00
System Debits 11/2																									—
Bank Credit 11/2																												68,010.00
Bank Debit 11/2 (payment reversal)																																68,010.00
Bank Debit 11/2
Trustee Wire 11/2
20151104		0		30125506	RIDER COLLEGE										—		—		405.00			405.00
																						—
																						—
System Credits 11/4																									405.00
System Debits 11/4																									—
Bank Credit 11/3																												952,375.00
Bank Debit 11/3
Bank Debit 11/3
Trustee Wire 11/3																														952,375.00
20151105		11012015		30102803	BETHANY COLLEGE - HALL BOND 1967		20,000.00		900.00		20,900.00		60,000.00		20,000.00		900.00		—			20,900.00
																						—
																						—
System Credits 11/5																									20,900.00
System Debits 11/5																									—
Bank Credit 11/5																												405.00
Bank Debit 11/5
Bank Debit 11/5
Trustee Wire 11/5																														405.00
20151110		0		30125506	RIDER COLLEGE										—		—		450.00			450.00
																						—
																						—
System Credits 11/10																									450.00
System Debits 11/10																									—
Bank Credit 11/6																												20,900.00
Bank Debit 11/6
Bank Debit 11/6
Trustee Wire 11/6																														20,900.00
20151112		11012015		30125506	RIDER COLLEGE		—		855.00		855.00		57,000.00		—		855.00		—			855.00
20151112		0		30125506	RIDER COLLEGE										—		—		(855.00	)		(855.00	)
20151112		0		30125506	RIDER COLLEGE										—		—		—			—
																						—
System Credits 11/12																									855.00
System Debits 11/12																									(855.00	)
Bank Credit 11/12																												450.00
Bank Debit 11/12 (service fees)																																450.00
Bank Debit 11/12
Trustee Wire 11/12
20151119		0		30133201	UNIV STUDENT COOP HOUSING										—		—		(5,850.00	)		(5,850.00	)
																						—
																						—
System Credits 11/19																									—
System Debits 11/19																									(5,850.00	)
Bank Credit 11/13																												855.00
Bank Debit 11/13 (payment reversal)																																855.00
Bank Debit 11/13
Trustee Wire 11/13
20151123		12012015		30127402	ST MARY’S SCHOOL										12,000.00		1,800.00		—			13,800.00
																						—
																						—
																						—
System Credits 11/23																									13,800.00
System Debits 11/23																									—
Bank Credit 11/20																												5,850.00
Bank Debit 11/20 (payment reversal)																																5,850.00
Bank Debit 11/20
Trustee Wire 11/20
																						—
																						—
																						—
System Credits 11/24																									—
System Debits 11/24																									—
Bank Credit 11/24																												13,800.00
Bank Debit 11/24 (service fees)																																105.77
Bank Debit 11/25 (overdraft funding repay)																																5,850.00
Trustee Wire 11/24																														7,844.23
					TOTALS:		882,000.00		92,130.00		974,130.00		5,262,000.00		894,000.00		93,930.00		(5,850.00	)		982,080.00			982,080.00			1,062,645.00		981,524.23		81,120.77
															T2.01.M.03		T2.01.M.03		T2.01.M.03			T2.01.M.03
Loans Due in Current Period and Paid in Prior Period:
					TOTALS:		—		—		—		—
Loans Due in Current Period Not Yet Paid:
					TOTALS:		—		—		—		—
					GRAND TOTAL:		882,000.00		92,130.00		974,130.00		5,262,000.00

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

November-15

Total System Credits @ 11/30		982,080.00
Total Bank Credits @ 11/30		1,062,645.00
	in transit wire
	in transit credit
11/2/2015	payment reversal	(68,010.00	)
11/13/2015	payment reversal	(855.00	)
11/20/2015	payment reversal	(5,850.00	)
	payment reversal
	payment reversal
	payment reversal
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	funds movement adjustment
	Direct to Lender payments
11/20/2015	overdraft funding	(5,850.00	)
	overdraft funding
	in transit
		982,080.00
Adjusted Bank Credits:		—

Berkadia Commercial Mortgage

College and University Loan Trust II

Remittance Report Reconciliation

November-15

Total Bank Credits @ 11/30		1,062,645.00
Total Debits to Trustee @ 11/30		981,524.23
11/12/2015	Service Fees	450.00
	Service Fees	105.77
	Inspection Fees
	Trust Expense
11/2/2015	payment reversal	68,010.00
11/13/2015	payment reversal	855.00
11/20/2015	payment reversal	5,850.00
	payment reversal
	payment reversal
	payment reversal
	payment reversal
	payment reversal
11/25/2015	overdraft funding repay	5,850.00
	overdraft funding repay
	payment reversal
	funds movement adjustment
	overdraft funding repay
Adjusted Debits to Trustee		1,062,645.00
		—