Exhibit 99.3
Annual Servicer’s Report
March 24, 2004
Moody’s Investors Service Inc.
99 Church Street
New York, New York 10007
Standard & Poor’s Rating Services
55 Water Street
New York, New York 10041
U.S. Bank National Association
425 Walnut Street
Cincinnati, Ohio 45202
Collegiate Funding Services Education Loan Trust 2003-A (the “Trust”)
c/o Wilmington Trust Company
Rodney Square North
1100 North Market Street
Wilmington, Delaware 19890
As an officer of Collegiate Funding Master Servicing, L.L.C. (the “Servicer”), the master servicer of the Trust, I hereby certify that:
| 1. | a review of the activities of the Servicer during the preceding calendar year and of its performance under the servicing agreement has been made under my supervision; and |
| 2. | to the best of my knowledge, based on such review, the Servicer has fulfilled all of its obligations under the servicing agreement throughout the period ended December 31, 2003, and there have been no known defaults in the fulfillment of such obligations. |
/s/ Kevin A. Landgraver |
Kevin A. Landgraver |
Chief Financial Officer and Treasurer |
