8-K: Navient affiliate to bid SOFR + 1.50% for SLM Student Loan Trust 2006-7 Class A-6C Notes

An affiliate of Navient Funding, LLC holds all $27,750,000 of the Class A-6B Notes and $27,700,000 of the $27,750,000 Class A-6C Notes. For the September 16, 2026 auction, the affiliate plans a Hold Order on the Class A-6B Notes. For the September 18, 2026 auction, it intends to submit buy bids for all outstanding Class A-6C Notes it does not hold at SOFR plus 1.50% per annum, and a Hold Order on the Class A-6C Notes it holds.

An affiliate of Navient Funding, LLC holds all $27,750,000 of the Class A-6B Notes and $27,700,000 of the $27,750,000 Class A-6C Notes. For the September 16, 2026 auction, the affiliate plans a Hold O