Navient Student Loan Trust 2014-6
09/04/2026 | Press release | Distributed by Public on 09/04/2026 11:16
Asset-Backed Issuer Distribution Report (Form 10-D)
Navient Student Loan Trust 2014-6
Monthly Servicing Report
Distribution Date 08/25/2026
Collection Period 07/01/2026 - 07/31/2026
Navient Funding, LLC - Depositor
Navient Solutions - Master Servicer and Administrator
Deutsche Bank National Trust Company - Indenture Trustee
Deutsche Bank Trust Company Americas - Eligible Lender Trustee
Navient Funding - Excess Distribution Certificateholder
|
Page 1 of 9
|
Trust 2014-6 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
| I. |
Deal Parameters
|
|
A |
Student Loan Portfolio Characteristics
|
08/14/2014
|
06/30/2026
|
07/31/2026
|
|||||||||
|
Principal Balance
|
$
|
154,772,903.21
|
$
|
41,671,233.31
|
$
|
41,082,605.59
|
|||||||
|
Interest to be Capitalized Balance
|
729,738.48
|
173,307.67
|
173,839.82
|
||||||||||
|
Pool Balance
|
$
|
155,502,641.69
|
$
|
41,844,540.98
|
$
|
41,256,445.41
|
|||||||
|
Specified Reserve Account Balance
|
3,559,801.00
|
- N/A -
|
- N/A -
|
||||||||||
|
Adjusted Pool (1)
|
$
|
159,062,442.69
|
$
|
41,844,540.98
|
$
|
41,256,445.41
|
|||||||
|
Weighted Average Coupon (WAC)
|
5.54%
|
|
5.72%
|
|
5.71%
|
|
|||||||
|
Number of Loans
|
6,838
|
1,789
|
1,768
|
||||||||||
|
Aggregate Outstanding Principal Balance - Tbill
|
$
|
2,522,542.43
|
$
|
2,522,216.38
|
|||||||||
|
Aggregate Outstanding Principal Balance - SOFR
|
$
|
39,321,998.55
|
$
|
38,734,229.03
|
|||||||||
|
Pool Factor
|
0.264481720
|
0.260764615
|
|||||||||||
|
Since Issued Constant Prepayment Rate
|
5.60%
|
|
5.61%
|
|
|||||||||
| (1) |
The Specified Reserve Account balance is included in the Adjusted Pool until the Pool Balance is less than or equal to 40% of the original pool.
|
|
B
|
Debt Securities
|
Cusip/Isin
|
07/27/2026
|
08/25/2026
|
||||||
| A |
63939BAA7
|
$
|
34,962,110.12
|
$
|
34,400,252.72
|
|||||
| B |
63939BAB5
|
$
|
4,200,000.00
|
$
|
4,200,000.00
|
|||||
|
C |
Account Balances
|
07/27/2026
|
08/25/2026
|
||||||
|
Reserve Account Balance
|
$
|
158,213.00
|
$
|
158,213.00
|
|||||
|
Capitalized Interest Account Balance
|
-
|
-
|
|||||||
|
Floor Income Rebate Account
|
$
|
21,008.56
|
$
|
31,138.14
|
|||||
|
Supplemental Loan Purchase Account
|
-
|
-
|
|||||||
|
D |
Asset / Liability
|
07/27/2026
|
08/25/2026
|
||||||
|
Adjusted Pool Balance + Supplemental Loan Purchase
|
$
|
41,844,540.98
|
$
|
41,256,445.41
|
|||||
|
Total Notes
|
$
|
39,162,110.12
|
$
|
38,600,252.72
|
|||||
|
Difference
|
$
|
2,682,430.86
|
$
|
2,656,192.69
|
|||||
|
Parity Ratio
|
1.06850
|
1.06881
|
|||||||
|
Page 2 of 9
|
Trust 2014-6 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
| II. |
Trust Activity 07/01/2026 through 07/31/2026
|
|
A |
Student Loan Principal Receipts
|
||||
|
Borrower Principal
|
148,924.90
|
||||
|
Guarantor Principal
|
279,936.02
|
||||
|
Consolidation Activity Principal
|
224,680.26
|
||||
|
Seller Principal Reimbursement
|
-
|
||||
|
Servicer Principal Reimbursement
|
-
|
||||
|
Rejected Claim Repurchased Principal
|
-
|
||||
|
Other Principal Deposits
|
-
|
||||
|
Total Principal Receipts
|
$
|
653,541.18
|
|||
|
B |
Student Loan Interest Receipts
|
||||
|
Borrower Interest
|
69,050.35
|
||||
|
Guarantor Interest
|
23,822.40
|
||||
|
Consolidation Activity Interest
|
8,323.40
|
||||
|
Special Allowance Payments
|
0.00
|
||||
|
Interest Subsidy Payments
|
0.00
|
||||
|
Seller Interest Reimbursement
|
0.00
|
||||
|
Servicer Interest Reimbursement
|
1,494.37
|
||||
|
Rejected Claim Repurchased Interest
|
0.00
|
||||
|
Other Interest Deposits
|
2,114.63
|
||||
|
Total Interest Receipts
|
$
|
104,805.15
|
|||
|
C |
Reserves in Excess of Requirement
|
|
-
|
||
|
D |
Investment Income
|
$
|
3,001.54
|
||
|
E
|
Funds Borrowed from Next Collection Period
|
-
|
|||
|
F
|
Funds Repaid from Prior Collection Period
|
-
|
|||
|
G
|
Loan Sale or Purchase Proceeds
|
-
|
|||
|
H
|
Initial Deposits to Collection Account
|
-
|
|||
|
I
|
Excess Transferred from Other Accounts
|
-
|
|||
|
J
|
Other Deposits
|
-
|
|||
|
K
|
Funds Released from Capitalized Interest Account
|
-
|
|||
|
L
|
Less: Funds Previously Remitted:
|
||||
|
Servicing Fees to Servicer
|
-
|
||||
|
Consolidation Loan Rebate Fees to Dept. of Education
|
$
|
(37,261.82)
|
|
||
|
Floor Income Rebate Fees to Dept. of Education
|
-
|
||||
|
Funds Allocated to the Floor Income Rebate Account
|
$
|
(10,129.58)
|
|
||
|
M
|
AVAILABLE FUNDS
|
$
|
713,956.47
|
||
|
N
|
Non-Cash Principal Activity During Collection Period
|
$
|
(64,913.46)
|
|
|
|
O
|
Non-Reimbursable Losses During Collection Period
|
$
|
6,863.38
|
||
|
P
|
Aggregate Purchased Amounts by the Depositor, Servicer or Seller
|
-
|
|||
|
Q
|
Aggregate Loan Substitutions
|
-
|
|||
|
Page 3 of 9
|
Trust 2014-6 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
| III. |
2014-6 Portfolio Characteristics
|
|
07/31/2026
|
06/30/2026
|
||||||||||||||||||||||||||||||||
|
Wtd Avg
Coupon
|
# Loans
|
Principal
|
% of
Principal
|
Wtd Avg
Coupon
|
# Loans
|
Principal
|
% of
Principal
|
||||||||||||||||||||||||||
|
INTERIM:
|
DEFERMENT
|
5.95%
|
|
46
|
$
|
1,265,507.79
|
3.080%
|
|
5.95%
|
|
43
|
$
|
1,243,471.66
|
2.984%
|
|
||||||||||||||||||
|
REPAYMENT:
|
CURRENT
|
5.55%
|
|
1,452
|
$
|
30,303,358.44
|
73.762%
|
|
5.60%
|
|
1,465
|
$
|
30,027,342.46
|
72.058%
|
|
||||||||||||||||||
|
|
31-60 DAYS DELINQUENT
|
6.09%
|
|
31
|
$
|
879,349.30
|
2.140%
|
|
5.47%
|
|
47
|
$
|
1,924,229.95
|
4.618%
|
|
||||||||||||||||||
|
|
61-90 DAYS DELINQUENT
|
5.88%
|
|
38
|
$
|
1,407,774.28
|
3.427%
|
|
5.89%
|
|
26
|
$
|
989,048.34
|
2.373%
|
|
||||||||||||||||||
|
|
91-120 DAYS DELINQUENT
|
6.29%
|
|
16
|
$
|
810,871.56
|
1.974%
|
|
6.10%
|
|
18
|
$
|
469,275.37
|
1.126%
|
|
||||||||||||||||||
|
|
> 120 DAYS DELINQUENT
|
6.36%
|
|
50
|
$
|
1,875,791.80
|
4.566%
|
|
6.31%
|
|
46
|
$
|
2,041,987.17
|
4.900%
|
|
||||||||||||||||||
|
|
FORBEARANCE
|
6.20%
|
|
117
|
$
|
3,970,560.68
|
9.665%
|
|
6.10%
|
|
124
|
$
|
4,242,431.10
|
10.181%
|
|
||||||||||||||||||
|
|
CLAIMS IN PROCESS
|
6.26%
|
|
18
|
$
|
569,391.74
|
1.386%
|
|
6.41%
|
|
20
|
$
|
733,447.26
|
1.760%
|
|
||||||||||||||||||
|
TOTAL
|
1,768
|
$
|
41,082,605.59
|
100.00%
|
|
1,789
|
$
|
41,671,233.31
|
100.00%
|
|
|||||||||||||||||||||||
* Percentages may not total 100% due to rounding
|
Page 4 of 9
|
Trust 2014-6 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
| IV. |
2014-6 Portfolio Characteristics (cont'd)
|
|
07/31/2026
|
06/30/2026
|
|||||||
|
Pool Balance
|
$
|
41,256,445.41
|
$
|
41,844,540.98
|
||||
|
Outstanding Borrower Accrued Interest
|
$
|
1,731,052.82
|
$
|
1,714,750.48
|
||||
|
Borrower Accrued Interest to be Capitalized
|
$
|
173,839.82
|
$
|
173,307.67
|
||||
|
Borrower Accrued Interest >30 Days Delinquent
|
$
|
218,121.14
|
$
|
225,834.60
|
||||
|
Total # Loans
|
1,768
|
1,789
|
||||||
|
Total # Borrowers
|
995
|
1,007
|
||||||
|
Weighted Average Coupon
|
5.71%
|
|
5.72%
|
|
||||
|
Weighted Average Remaining Term
|
197.74
|
197.18
|
||||||
|
Non-Reimbursable Losses
|
$
|
6,863.38
|
$
|
5,469.07
|
||||
|
Cumulative Non-Reimbursable Losses
|
$
|
684,831.42
|
$
|
677,968.04
|
||||
|
Since Issued Constant Prepayment Rate (CPR)
|
5.61%
|
|
5.60%
|
|
||||
|
Loan Substitutions
|
-
|
-
|
||||||
|
Cumulative Loan Substitutions
|
-
|
-
|
||||||
|
Rejected Claim Repurchases
|
-
|
-
|
||||||
|
Cumulative Rejected Claim Repurchases
|
-
|
-
|
||||||
|
Unpaid Primary Servicing Fees
|
-
|
-
|
||||||
|
Unpaid Administration Fees
|
-
|
-
|
||||||
|
Unpaid Carryover Servicing Fees
|
-
|
-
|
||||||
|
Note Principal Shortfall
|
$ |
93,807.31
|
$ |
67,569.14
|
||||
|
Note Interest Shortfall
|
-
|
-
|
||||||
|
Unpaid Interest Carryover
|
-
|
-
|
||||||
|
Non-Cash Principal Activity - Capitalized Interest
|
$
|
71,737.45
|
$
|
76,405.09
|
||||
|
Borrower Interest Accrued
|
$
|
189,208.38
|
$
|
185,982.26
|
||||
|
Interest Subsidy Payments Accrued
|
$
|
7,040.27
|
$
|
6,413.90
|
||||
|
Special Allowance Payments Accrued
|
$
|
45,566.19
|
$
|
44,222.27
|
||||
|
Page 5 of 9
|
Trust 2014-6 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
| V. |
2014-6 Portfolio Statistics by School and Program
|
|
A |
LOAN TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
%*
|
|
|||||||||||
|
- GSL (1) - Subsidized
|
0.00%
|
|
0
|
-
|
0.000%
|
|
|||||||||||
|
- GSL - Unsubsidized
|
0.00%
|
|
0
|
-
|
0.000%
|
|
|||||||||||
|
- PLUS (2) Loans
|
0.00%
|
|
0
|
-
|
0.000%
|
|
|||||||||||
|
- SLS (3) Loans
|
0.00%
|
|
0
|
-
|
0.000%
|
|
|||||||||||
|
- Consolidation Loans
|
5.71%
|
|
1,768
|
41,082,605.59
|
100.000%
|
|
|||||||||||
|
Total
|
5.71%
|
|
1,768
|
$
|
41,082,605.59
|
100.000%
|
|
||||||||||
|
B |
SCHOOL TYPE
|
Weighted
Average Coupon
|
# LOANS
|
$ AMOUNT
|
%*
|
|
|||||||||||
|
- Four Year
|
0.00%
|
|
0
|
-
|
0.000%
|
|
|||||||||||
|
- Two Year
|
0.00%
|
|
0
|
-
|
0.000%
|
|
|||||||||||
|
- Technical
|
0.00%
|
|
0
|
-
|
0.000%
|
|
|||||||||||
|
- Other
|
5.71%
|
|
1,768
|
41,082,605.59
|
100.000%
|
|
|||||||||||
|
Total
|
5.71%
|
|
1,768
|
$
|
41,082,605.59
|
100.000%
|
|
||||||||||
*Percentages may not total 100% due to rounding.
| (1) |
Guaranteed Stafford Loan
|
| (2) |
Parent Loans for Undergraduate Students
|
| (3) |
Supplemental Loans to Students. The Unsubsidized Stafford Loan program replaced the SLS program on July 1, 1994.
|
|
Page 6 of 9
|
Trust 2014-6 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
| VI. |
2014-6 Waterfall for Distributions
|
|
Paid
|
Remaining
Funds Balance
|
||||||||
|
Total Available Funds
|
$
|
713,956.47
|
|||||||
| A |
Trustee Fees
|
|
-
|
$
|
713,956.47
|
||||
| B |
Primary Servicing Fee
|
$
|
5,488.15
|
$
|
708,468.32
|
||||
| C |
Administration Fee
|
$
|
6,667.00
|
$
|
701,801.32
|
||||
| D |
Class A Noteholders' Interest Distribution Amount
|
$
|
122,247.19
|
$
|
579,554.13
|
||||
|
E
|
Class B Noteholders' Interest Distribution Amount
|
$
|
17,696.73
|
$
|
561,857.40
|
||||
|
F
|
Reserve Account Reinstatement
|
-
|
$
|
561,857.40
|
|||||
|
G
|
Class A Noteholders' Principal Distribution Amount
|
$
|
561,857.40
|
|
-
|
||||
|
H
|
Class B Noteholders' Principal Distribution Amount
|
-
|
|
-
|
|||||
|
I
|
Unpaid Expenses of The Trustees
|
-
|
|
-
|
|||||
|
J
|
Carryover Servicing Fee
|
-
|
|
-
|
|||||
|
K
|
Remaining Amounts to the Noteholders after the first auction date
|
-
|
|
-
|
|||||
|
L
|
Excess Distribution Certificateholder
|
|
-
|
-
|
|||||
|
Waterfall Triggers
|
|||||
| A |
Student Loan Principal Outstanding
|
$
|
41,082,605.59
|
||
| B |
Interest to be Capitalized
|
$
|
173,839.82
|
||
| C |
Capitalized Interest Account Balance
|
-
|
|||
| D |
Reserve Account Balance (after any reinstatement)
|
$
|
158,213.00
|
||
|
E
|
Less: Specified Reserve Account Balance
|
$
|
(158,213.00)
|
|
|
|
F
|
Total
|
$
|
41,256,445.41
|
||
|
G
|
Class A Notes Outstanding (after application of available funds)
|
$
|
34,400,252.72
|
||
|
H
|
Insolvency Event or Event of Default Under Indenture
|
N |
|
||
|
I
|
Available Funds Applied to Class A Noteholders' Distribution Amount Before Any Amounts are Applied to the Class B Noteholders' Distribution Amount (G>F or H=Y)
|
N |
|
||
|
Page 7 of 9
|
Trust 2014-6 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
| VII. |
2014-6 Distributions
|
Distribution Amounts
| A |
|
B |
|
|||||
|
Cusip/Isin
|
63939BAA7
|
63939BAB5
|
||||||
|
Beginning Balance
|
$
|
34,962,110.12
|
$
|
4,200,000.00
|
||||
|
Index
|
SOFR
|
SOFR
|
||||||
|
Spread/Fixed Rate
|
0.61%
|
|
1.50%
|
|
||||
|
Record Date (Days Prior to Distribution)
|
1 NEW YORK BUSINESS DAY
|
1 NEW YORK BUSINESS DAY
|
||||||
|
Accrual Period Begin
|
7/27/2026
|
7/27/2026
|
||||||
|
Accrual Period End
|
8/25/2026
|
8/25/2026
|
||||||
|
Daycount Fraction
|
0.08055556
|
0.08055556
|
||||||
|
Interest Rate*
|
4.34056%
|
|
5.23056%
|
|
||||
|
Accrued Interest Factor
|
0.003496562
|
0.004213507
|
||||||
|
Current Interest Due
|
$
|
122,247.19
|
$
|
17,696.73
|
||||
|
Interest Shortfall from Prior Period Plus Accrued Interest
|
-
|
-
|
||||||
|
Total Interest Due
|
$
|
122,247.19
|
$
|
17,696.73
|
||||
|
Interest Paid
|
$
|
122,247.19
|
$
|
17,696.73
|
||||
|
Interest Shortfall
|
-
|
-
|
||||||
|
Principal Paid
|
$
|
561,857.40
|
-
|
|||||
|
Ending Principal Balance
|
$
|
34,400,252.72
|
$
|
4,200,000.00
|
||||
|
Paydown Factor
|
0.003653169
|
0.000000000
|
||||||
|
Ending Balance Factor
|
0.223668743
|
1.000000000
|
||||||
* Pay rates for Current Distribution. For the interest rates applicable to the next distribution date, please see https://images.navient.com/investors/data/abrate.txt.
|
Page 8 of 9
|
Trust 2014-6 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
| VIII. |
2014-6 Reconciliations
|
|
A |
Principal Distribution Reconciliation
|
||||
|
Notes Outstanding Principal Balance
|
$
|
39,162,110.12
|
|||
|
Adjusted Pool Balance
|
$
|
41,256,445.41
|
|||
|
Overcollateralization Amount
|
$
|
2,750,000.00
|
|||
|
Principal Distribution Amount
|
$
|
655,664.71
|
|||
|
Principal Distribution Amount Paid
|
$
|
561,857.40
|
|||
|
B |
Reserve Account Reconciliation
|
||||
|
Beginning Period Balance
|
$
|
158,213.00
|
|||
|
Reserve Funds Utilized
|
0.00
|
||||
|
Reserve Funds Reinstated
|
0.00
|
||||
|
Balance Available
|
$
|
158,213.00
|
|||
|
Required Reserve Acct Balance
|
$
|
158,213.00
|
|||
|
Release to Collection Account
|
|
-
|
|||
|
Ending Reserve Account Balance
|
$
|
158,213.00
|
|||
|
C |
Floor Income Rebate Account
|
||||
|
Beginning Period Balance
|
$
|
21,008.56
|
|||
|
Deposits for the Period
|
$
|
10,129.58
|
|||
|
Release to Collection Account
|
-
|
||||
|
Ending Balance
|
$
|
31,138.14
|
|||
|
D |
|||||
|
|
Supplemental Purchase Account
|
||||
|
Beginning Period Balance
|
-
|
||||
|
Supplemental Loan Purchases
|
-
|
||||
|
Transfers to Collection Account
|
-
|
||||
|
Ending Balance
|
-
|
||||
|
Page 9 of 9
|
Trust 2014-6 Monthly Servicing Report: Collection Period 07/01/2026 - 07/31/2026, Distribution Date 08/25/2026
|
Navient Student Loan Trust 2014-6 published this content on September 04, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on September 04, 2026 at 17:17 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]