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COLLEGIATE FUNDING SERVICES EDUCATION LOAN TRUST 2003-A. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
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EXHIBIT 20.1
Collegiate Funding Services Education Loan Trust 2003-A
Statement to Note Holders
As of and for the period ended: 10/31/03
Pursuant to section 4.15(c) of the Trust Indenture, the following is provided to the trustee by the issuer. The information shown below has not been independently verified, however is believed to be accurate to the best of the issuers knowledge.
| (i) | The amount of principal payments made with respect to each class of Notes during October, 2003; |
| Class |
Principal Paid | |
| A-1 |
$0.00 | |
| A-2 |
$0.00 | |
| A-3 |
$0.00 | |
| A-4 |
$0.00 | |
| A-5 |
$0.00 | |
| A-6 |
$0.00 | |
| B |
$0.00 |
| (ii) | The amount of interest payments made with respect to each class of Notes during October, 2003; |
| Class |
Interest Paid | |
| A-1 |
$0.00 | |
| A-2 |
$0.00 | |
| A-3 |
$102,786.06 | |
| A-4 |
$104,605.28 | |
| A-5 |
$52,995.83 | |
| A-6 |
$51,613.33 | |
| B |
$43,479.33 |
| (iii) | The aggregate principal balance of the Financed Eligible Loans as of the close of business on October 31, 2003; |
| Principal Balance of Financed Eligible Loans | $763,664,239.64 |
| (iv) | The aggregate outstanding principal amount of each class of Notes; |
| Class |
Principal Outstanding | ||
| A-1 |
$ | 94,048,557.65 | |
| A-2 |
$ | 319,025,000.00 | |
| A-3 |
$ | 116,950,000.00 | |
| A-4 |
$ | 116,950,000.00 | |
| A-5 |
$ | 59,250,000.00 | |
| A-6 |
$ | 59,250,000.00 | |
| B |
$ | 42,350,000.00 | |
| Total |
$ | 807,823,557.65 | |
| (v) | The interest rate for each class of Notes at October 31, 2003 and the next Distribution Date for each class; |
| Class |
Interest Rate |
Next Distribution Date | ||
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