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Trust Indenture

Indenture Agreement

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COLLEGIATE FUNDING SERVICES EDUCATION LOAN TRUST 2003-A

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Title: Trust Indenture
Date: 11/14/2003

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EXHIBIT 20.1

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 issuer’s 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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