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CLC Trust I - Series 2002

THE SERIES 2002 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

$73,500,000 Class A-1 Senior Auction Rate Asset-Backed Notes
$73,500,000 Class A-2 Senior Auction Rate Asset-Backed Notes
$73,000,000 Class A-3 Senior Auction Rate Asset-Backed Notes
$73,000,000 Class A-4 Senior Auction Rate Asset-Backed Notes
$73,000,000 Class A-5 Senior Auction Rate Asset-Backed Notes
$73,000,000 Class A-6 Senior Auction Rate Asset-Backed Notes
$73,000,000 Class A-7 Senior Auction Rate Asset-Backed Notes
$73,000,000 Class A-8 Senior Auction Rate Asset-Backed Notes
$73,000,000 Class A-9 Senior Auction Rate Asset-Backed Notes
$42,000,000 Class B-1 Subordinate Auction Rate Asset-Backed Notes

Date Issued: March 18, 2002

Original Principal Amount: $700,000,000

Securities:

Class A-1 Senior Auction Rate Asset-Backed Notes
$73,500,000
CSUIP: 194262AA9

Class A-2 Senior Auction Rate Asset-Backed Notes
$73,500,000
CSUIP: 194262AB7

Class A-3 Senior Auction Rate Asset-Backed Notes
$73,000,000
CSUIP: 194262AC5

Class A-4 Senior Auction Rate Asset-Backed Notes
$73,000,000
CSUIP: 194262AD3

Class A-5 Senior Auction Rate Asset-Backed Notes
$73,000,000
CSUIP: 194262AE1

Class A-6 Senior Auction Rate Asset-Backed Notes
$73,000,000
CSUIP: 194262AF8

Class A-7 Senior Auction Rate Asset-Backed Notes
$73,000,000
CSUIP: 194262AG6

Class A-8 Senior Auction Rate Asset-Backed Notes
$73,000,000
CSUIP: 194262AH4

Class A-9 Senior Auction Rate Asset-Backed Notes
$73,000,000
CSUIP: 194262AJ0

Class B-1 Subordinate Auction Rate Asset-Backed Notes
$42,000,000
CSUIP: 194262AK7

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

CLC® Investor Relations Contact Info

Phone: 888.252.5452

Email: investorrelations@collegeloan.com