Austin Hall, Harvard University

CLC Trust I - Series 2003-1

THE SERIES 2003-1 NOTES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR REGISTERED OR QUALIFIED UNDER ANY STATE SECURITIES LAWS, AND, UNLESS SO REGISTERED OR QUALIFIED, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EXEMPTION FROM OR IN A TRANSACTION NOT SUBJECT TO THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS. ACCORDINGLY, THE SERIES 2003-1 NOTES ARE BEING OFFERED AND SOLD ONLY TO QUALIFIED INSTITUTIONAL BUYERS (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) IN COMPLIANCE WITH RULE 144A.

ACCORDINGLY, THE SERIES 2002 NOTES WILL NOT BE REPORTED ON THIS WEBSITE. PLEASE CONTACT INVESTOR RELATIONS FOR FURTHER DETAILS OR PROCEED TO THE LINK BELOW FOR MONTHLY REPORTS ON COLLEGE LOAN CORPORATION TRUST I.

Servicing Reports

$100,000,000 Class A-1 Senior Auction Rate Asset-Backed Notes
$100,000,000 Class A-2 Senior Auction Rate Asset-Backed Notes
$100,000,000 Class A-3 Senior Auction Rate Asset-Backed Notes
$100,000,000 Class A-4 Senior Auction Rate Asset-Backed Notes
$100,000,000 Class A-5 Senior Auction Rate Asset-Backed Notes
$100,000,000 Class A-6 Senior Auction Rate Asset-Backed Notes
$100,000,000 Class A-7 Senior Auction Rate Asset-Backed Notes
$100,000,000 Class A-8 Senior Auction Rate Asset-Backed Notes
$100,000,000 Class A-9 Senior Auction Rate Asset-Backed Notes
$50,000,000 Class A-10 Senior Auction Rate Asset-Backed Notes
$25,000,000 Class B-1 Subordinate Auction Rate Asset-Backed Notes
$25,000,000 Class B-2 Subordinate Auction Rate Asset-Backed Notes

Date Issued: March 10, 2003

Original Principal Amount: $1,000,000,000

Securities:

Class A-1 Senior Auction Rate Asset-Backed Notes
$100,000,000
CSUIP: 194262BL4

Class A-2 Senior Auction Rate Asset-Backed Notes
$100,000,000
CSUIP: 194262BM2

Class A-3 Senior Auction Rate Asset-Backed Notes
$100,000,000
CSUIP: 194262BN0

Class A-4 Senior Auction Rate Asset-Backed Notes
$100,000,000
CSUIP: 194262BP5

Class A-5 Senior Auction Rate Asset-Backed Notes
$100,000,000
CSUIP: 194262BQ3

Class A-6 Senior Auction Rate Asset-Backed Notes
$100,000,000
CSUIP: 194262BR1

Class A-7 Senior Auction Rate Asset-Backed Notes
$100,000,000
CSUIP: 194262BS9

Class A-8 Senior Auction Rate Asset-Backed Notes
$100,000,000
CSUIP: 194262BT7

Class A-9 Senior Auction Rate Asset-Backed Notes
$100,000,000
CSUIP: 194262BU4

Class A-10 Senior Auction Rate Asset-Backed Notes
$50,000,000
CSUIP: 194262BV2

Class B-1 Subordinate Auction Rate Asset-Backed Notes
$25,000,000
CSUIP: 194262BW0

Class B-2 Subordinate Auction Rate Asset-Backed Notes
$25,000,000
CSUIP: 194262BX8

Issuer: College Loan Corporation Trust I

Depositor: College Loan Corporation

Issuer Administrator: College Loan Corporation

Indenture Trustee: Deutsche Bank Trust Company Americas

Eligible Lender Trustee: Deutsche Bank Trust Company Americas

Underwriter: UBS PaineWebber Inc.

Ratings:

Senior notes:
Aaa Moody's
AAA S&P
AAA Fitch

Subordinate notes:
A2 Moody's
A S&P
A Fitch

For More Information Email: investorrelations@collegeloan.com