$249,000,000 Class A-1 Student Loan-Backed Notes
$350,000,000 Class A-2 Student Loan-Backed Notes
$207,000,000 Class A-3 Student Loan-Backed Notes
$140,000,000 Class A-4 Student Loan-Backed Notes
$55,850,000 Class A-5 Student Loan-Backed Notes
$55,850,000 Class A-6 Student Loan-Backed Notes
$55,700,000 Class B Student Loan-Backed Notes
| Date of Issue: | April 28, 2004 |
| Issue Amount: | $1,113,400 |
Securities Offered:
| Class A-1 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR + 0.05% |
| CUSIP: | 19458LAS9 |
| Class A-2 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR + 0.17% |
| CUSIP: | 19458LAT7 |
| Class A-3 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR + 0.021% |
| CUSIP: | 19458LAU4 |
| Class A-4 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Three Month LIBOR + 0.034% |
| CUSIP: | 19458LAV2 |
| Class A-5 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Auction Rate |
| CUSIP: | 19458LAW0 |
| Class A-6 Floating Rate Asset-Backed Notes |
|---|
| Rate: | Auction Rate |
| CUSIP: | 19458LAX8 |
| Class B Floating Rate Asset-Backed Notes |
|---|
| Rate: | Auction Rate |
| CUSIP: | 19458LAY6 |