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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                 -------------

                                    FORM 8-K
                                 Current Report
                     Pursuant To Section 13 Or 15(D) Of The
                         Securities Exchange Act Of 1934





Date of Report (Date of earliest event reported):   December 27, 1999
                                                --------------------------------


                        KEYCORP STUDENT LOAN TRUST 1999-A
- --------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)



          New York                       333-58073               36-7238740
- ----------------------------     ------------------------    -------------------
(State or Other Jurisdiction     (Commission File Number)    (I.R.S. Employer
     of Incorporation)                                       Identification No.)




c/o KeyBank, USA, as Administrator, 800 Superior Avenue, Attn: M. Frances Byrd,
Cleveland, Ohio 44114
- --------------------------------------------------------------------------------
                    (Address of Principal Executive Offices)


Registrant's Telephone Number, Including Area Code:       (216) 828-9357
                                                  ------------------------------





                             Exhibit Index on Page 4

                                Page 1 of 8 pages






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 Item 5.  OTHER EVENTS



On December 27, 1999, the KeyCorp Student Loan Trust 1999-A (the "Trust") made
its regular, quarterly distribution of funds to holders of the Trust's Floating
Rate Asset Backed Certificates and Floating Rate Asset Backed Notes and
distributed the Certificateholder's Statement and Noteholder's Statement, filed
herewith as Exhibits to this Form 8-K, to Certificateholders and Noteholders of
record, respectively.

In reliance upon certain no-action letters, including a letter dated May 9,
1997, issued by the Chief Counsel, Division of Corporate Finance of the
Securities and Exchange Commission relating to the KeyCorp Student Loan Trust
1996-A, Registration No. 333-4274, the Trust is hereby filing the
Certificateholder's Statement and Noteholder's Statement reflecting the Trust's
activities for the period ending November 30, 1999, including a statistical
summary of the delinquency and default characteristics of the Trust's student
loan portfolio as of such date.


Item 7.     EXHIBITS

Exhibit 99(a) -      Certificateholder's Statement

Exhibit 99(b) -      Noteholder's Statement










                                Page 2 of 8 pages



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                                    SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


Date:  December 27, 1999




                            KeyCorp Student Loan Trust 1999-A,


                            By:   Bank One, National Association, not in
                                  its individual capacity but solely as Eligible
                                  Lender Trustee on behalf of the Trust



                            By:            /S/  JEFFREY L. KINNEY
                                  ----------------------------------------------
                                             Jeffrey L. Kinney
                                             Vice President
















                                Page 3 of 8 pages



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                                  EXHIBIT INDEX





Exhibit



99(a)    Certificateholder's Statement                                   5

99(b)    Noteholder's Statement                                          7













                                Page 4 of 8 pages