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

COLLEGE LOAN CORPORATION TRUST I
(Issuer of the Notes)

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.

Item 7.

Financial Statements, Pro Forma Financial Information and Exhibits

(c) Exhibits furnished in accordance with Items 601(a) of Regulation S-K

Exhibit No.

20.1 Monthly statement distributed to holders of College Loan Corporation Trust I Student Loan Asset-Backed Notes, Series 2003-2.

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

Date: November 17, 2003

By: /s/ John Falb
       Name: John Falb
       Title: Treasurer

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

Date: November 17, 2003

By: /s/ John Falb
       Name: John Falb
       Title: Treasurer

EXHIBIT INDEX

Exhibit Number

20.1

Description

Monthly statement distributed to holders of College Loan Corporation Trust I Student Loan Asset-Backed Notes, Series 2003-2.

COLLEGE LOAN CORP 8-K