SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event reported): October 31, 2003

~~FORM~~COLLEGE ~~8-K CURRENT~~LOAN ~~REPORT Pursuant~~CORPORATION toTRUST ~~Section 13 or 15~~I (d)Issuer of the ~~Securities~~ ~~Exchange Act of 1934 Date of Report (date of earliest event reported~~Notes)~~: October 9, 2003~~

COLLEGE LOAN CORPORATION
(Depositor of the Issuer of the Notes)

(Exact name of Co-Registrant as specified in its charter)

Delaware
California

333-102791-01
333-102791

01-6110137
33-087395

(State or other jurisdiction of
incorporation or organization)

(Commission File Number)

(I.R.S. employer identification number)

16855 W. Bernardo Drive, Suite 270 San Diego, California 92127

(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (888) 972-6311

Not Applicable

(Former name or former address, if changed since last report.)

Item 5. Other Events See the monthly statement attached as Exhibit 20.1 hereto distributed to holders of College Loan Corporation Trust I Student Loan Asset-Backed Notes, Series 2003-2.

~~This Current~~Item ~~Report~~7. onFinancial ~~Form~~Statements, ~~8-K~~Pro isForma ~~being~~Financial ~~filed~~Information ~~with~~and ~~respect~~Exhibits to(c) ~~certain~~Exhibits ~~agreements entered~~furnished ~~into~~ in ~~connection~~accordance with ~~the~~Items ~~issuance~~601(a) ~~by College Loan Corporation Trust I~~ of ~~$1,300,000,000~~Regulation ~~aggregate principal amount of Student Loan Asset~~S-~~Backed Notes, Series 2003-2.~~ K

Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

Exhibit No.

120.1 ~~Underwriting Agreement,~~Monthly ~~dated~~statement asdistributed ofto ~~October~~holders 3,of ~~2003,~~College ~~among~~Loan ~~UBS~~Corporation ~~Securities~~Trust ~~LLC,~~I ~~Citigroup Global~~Student ~~Markets~~Loan ~~Inc.~~Asset-Backed ~~and Goldman~~Notes, ~~Sachs~~Series ~~& Co. as underwriters, and the Co~~2003-~~Registrants~~2.

4.1 An Amended and Restated Indenture of Trust, dated as of October 1, 2003, from College Loan Corporation Trust I and Deutsche Bank Trust Company Americas, as eligible lender trustee to Deutsche Bank Trust Company Americas, as trustee.

4.2 A Fourth Supplemental Indenture of Trust, dated as of October 1, 2003 between College Loan Corporation Trust I and Deutsche Bank Trust Company Americas, as trustee.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each of the Co-Registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized.

COLLEGE LOAN CORPORATION TRUST I
COLLEGE LOAN CORPORATION
(Co-Registrants)

College Loan Corporation, as Co- Registrant

~~Dated~~Date: ~~October~~November 2217, 2003 By: /s/ ~~Cary~~John ~~Katz~~Falb Name: ~~Cary~~John ~~Katz~~Falb Title: ~~President~~Treasurer

College Loan Corporation Trust I, as Co-Registrant, by College Loan LLC, as Sponsor

~~Dated~~Date: ~~October~~November 2217, 2003 By: /s/ ~~Cary~~John ~~Katz~~Falb Name: ~~Cary~~John ~~Katz~~Falb Title: ~~Chief Executive Officer College Loan LLC~~Treasurer

EXHIBIT INDEX

Exhibit Number 120.1 Description ~~Underwriting~~Monthly ~~Agreement,~~statement ~~dated~~distributed asto holders of ~~October~~College 3,Loan ~~2003,~~Corporation ~~among~~Trust ~~UBS~~I ~~Securities~~Student ~~LLC,~~Loan ~~Citigroup~~Asset-Backed ~~Global Markets Inc. and Goldman~~Notes, ~~Sachs~~Series ~~& Co~~2003-2.~~, as underwriters, and the Registrants.~~

4.1 Amended and Restated Indenture of Trust, dated as of October 1, 2003, from College Loan Corporation Trust I, and Deutsche Bank Trust Company Americas, as eligible lender trustee, to Deutsche Bank Trust Company Americas as trustee.

4.2 Fourth Supplemental Indenture of Trust, dated as of October 1, 2003 between College Loan Corporation Trust I and Deutsche Bank Trust Company Americas, as trustee.

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