10-K/A

OMB APPROVAL

OMB Number: 3235-0063

Expires: April 30, 2009

Estimated average burden

hours per response: 2,196.00

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-K/A

/X/	Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
	for the fiscal year ended December 31, 2006
	or
/  /	Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
	Commission File Number:   333-102791-01
	College Loan Corporation Trust I
	(Exact name of registrant as specified in its charter)
College Loan LLC                     (Exact name of depositor as specified in its charter) College Loan Corporation                   (Exact name of sponsor as specified in its charter)
Delaware		45-6110137
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)
14303 Gateway Place
Poway, California		92064
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code:					(888) 972-6311
Securities registered pursuant to Section 12(b) of the Act:						None
Securities registered pursuant to Section 12(g) of the Act:							None
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
Yes _______			No X
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act
Yes _______			No X
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Yes	X	No
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ____
Not Applicable.
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and smaller reporting company” in Rule 12b-2 on the Exchange Act.
Large Accelerated Filer				Accelerated Filer __
Non Accelerated Filer _X_				Smaller Reporting Company__
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act.):
Yes _______			No X
State the aggregate market value of the voting and non-voting common equity held by nonaffiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter.

Not applicable.

Not Applicable

List hereunder the following documents if incorporated by reference and the Part of the Form 10-K into which the document is incorporated: (1) Any annual report to security holders; (2) Any proxy or information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes.

Not Applicable

Explanatory Note

This amended Annual Report on Form 10-K/A (the “Report”) is filed with respect to College Loan Corporation Trust I solely to replace Exhibit 34.4, which was filed with College Loan Corporation Trust I’s Annual Report on From 10-K/A on April 2, 2007.

SIGNATURES
	Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized:

College Loan Corporation Trust I
By: College Loan LLC, Depositor
By:	/s/ John Falb
	John Falb
	Chief Financial Officer
	College Loan LLC
	Senior Officer In Charge of
	Securitization

INDEX TO EXHIBITS

34.4 Independent Accountant’s Attestation Report concerning servicing activities of College Loan Corporation for the year ended December 31, 2006.

EX-34

Exhibit 34.4

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Board of Directors and Shareholders

College Loan Corporation

We have examined management’s assertion, included in the accompanying Management’s Assessment of Compliance with Regulation AB Servicing Criteria (“Management’s Report”), that College Loan Corporation (the “Company”) complied with the servicing criteria set forth in Item 1122(d) of the U.S. Securities and Exchange Commission’s Regulation AB for asset backed securitization transactions backed by student loan receivables listed in Appendix B of Management’s Report (the “Platform”) as of and for the year ended December 31, 2006, excluding criteria 1122(d)(1)(ii)-(iv), 1122(d)(2)(i)-(vi), 1122(d)(3)(iii), 1122(d)(4)(i)-(ii), 1122(d)(4)(iv)-(xv), which management has determined are not applicable to the activities performed by the Company with respect to the Platform. Management is responsible for the Company’s compliance with the applicable servicing criteria. Our responsibility is to express an opinion on management’s assertion about the Company’s compliance with the applicable servicing criteria for the Platform based on our examination.

Our examination was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included examining, on a test basis, evidence about the Company’s compliance with the applicable servicing criteria for the Platform and performing such other procedures as we considered necessary in the circumstances. Our examination included testing selected asset-backed transactions and securities constituting the Platform and evaluating whether the Company performed servicing activities related to those transactions and securities in compliance with the applicable servicing criteria for the period covered by this report. Accordingly, our testing may not have included servicing activities related to each asset-backed transaction or security constituting the Platform. Further, our examination was not designed to detect material noncompliance that may have occurred prior to the period covered by this report and that may have affected the Company’s servicing activities during the period covered by this report. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company’s compliance with the applicable servicing criteria.

In our opinion, management’s assertion that College Loan Corporation complied with the aforementioned applicable servicing criteria as of and for the year ended December 31, 2006 for the asset back securitization transactions backed by student loan receivables is fairly stated, in all material respects. 

/s/ Grant Thornton LLP

Irvine, California

March 29, 2007