CLC Trust I - Series 2006-1

THE SECURITIES LISTED HEREIN ARE REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION AND MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES.

Servicing Reports

SEC Filings

Prospectus Supplement, Student Loan Asset-Backed Notes Series 2006-1

College Loan Static Pool Data

$100,000,000 Class A-1 Senior Floating Rate Asset Backed Notes
$200,000,000 Class A-2 Senior Floating Rate Asset Backed Notes
$260,000,000 Class A-3 Senior Floating Rate Asset Backed Notes
$195,000,000 Class A-4 Senior Floating Rate Asset Backed Notes
$300,000,000 Class A-5 Senior Floating Rate Asset Backed Notes
$280,000,000 Class A-6 Senior Floating Rate Asset Backed Notes
$280,000,000 Class IO Notional Interest Only Asset Backed Notes
$40,000,000 Class A-7A Reset Rate Asset Backed Notes
$270,000,000 Class A-7B Reset Rate Asset Backed Notes
$55,000,000 Class B-1 Subordinate Auction Rate Asset Backed Notes

Date Issued: April 5, 2006

Original Principal Amount: $1,700,000,000

Securities:

Class A-1 Senior Floating Rate Asset Backed Notes
$100,000,000
Rate: 3-Month LIBOR - 0.01%
CUSIP: 194262CN9

Class A-2 Senior Floating Rate Asset Backed Notes
$200,000,000
Rate: 3-Month LIBOR + 0.02%
CUSIP: 194262CP4

Class A-3 Senior Floating Rate Asset Backed Notes
$260,000,000
Rate: 3-Month LIBOR + 0.09%
CUSIP: 194262CQ2

Class A-4 Senior Floating Rate Asset Backed Notes
$195,000,000
Rate: 3-Month LIBOR + 0.11%
CUSIP: 194262CR0

Class A-5 Senior Floating Rate Asset Backed Notes
$300,000,000
Rate: 3-Month LIBOR + 0.14%
CUSIP: 194262CS8

Class A-6 Senior Floating Rate Asset Backed Notes
$280,000,000
Rate: 3-Month LIBOR + 0.18%
CUSIP: 194262CT6

Class A-6 IO Interest Only
$280,000,000 Notional
Rate: 10.00%
CUSIP: 194262CU3

Class A-7A Reset Rate Asset Backed Notes
$40,000,000
Rate: 5.344%
CUSIP: Not Registered

Class A-7B Reset Rate Asset Backed Notes
$270,000,000
Rate: 3-Month LIBOR + 0.01%
CUSIP: Not Registered

Class B-1 Subordinate Auction Rate Asset Backed Notes
$55,000,000
CUSIP: 194262CV1

Issuer: College Loan Corporation Trust I

Depositor: College Loan Corporation

Issuer Administrator: College Loan Corporation

Indenture Trustee: Deutsche Bank Trust Company Americas

Eligible Lender Trustee: Deutsche Bank Trust Company Americas

Underwriters:
UBS Investment Bank
Citigroup
Goldman, Sach & Co.
JPMorgan

Ratings:

Senior notes:
Aaa Moody's
AAA S&P
AAA Fitch
7A Not Rated

Subordinate notes:
A2 Moody's
A S&P
A Fitch
7B Not Rated

For More Information Email: [email protected]