May 4, 2012
By EDGAR Submission
Securities and Exchange Commission
Division of Corporate Finance
100 F Street, N.E., Mail Stop 6010
Washington, D.C. 20549
Attention: Michael Volley
| Re: | The First Marblehead Corporation |
| Form 10-K for the Fiscal Year Ended June 30, 2011 |
| Filed September 8, 2011 |
| Form 10-Q for the Quarter Ended December 31, 2011 |
| Filed February 9, 2012 |
| File No. 001-31825 |
Dear Mr. Volley:
This letter relates to the letter, dated May 2, 2012 (the “Letter”), from Amit Pande of the Staff of the U.S. Securities and Exchange Commission to Kenneth Klipper, Chief Financial Officer of The First Marblehead Corporation (the “Company”).
On behalf of the Company, and as discussed by telephone with you on May 4, 2012, in light of the fact that the Company is focusing on quarter-end related matters, we have requested an extension of time to respond to the Letter. This letter confirms that, in accordance with our telephone communication with you, the Company will respond to the Letter on or before Thursday, May 31, 2012.
If you require additional information, please do not hesitate to contact me at 617-526-6832.
Sincerely,
/s/ Susan W. Murley
Susan W. Murley
| cc: | Kenneth Klipper |
| Suzanne Murray, Esq. |
