SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
----------------------
FORM 8-K/A
Current Report
Pursuant To Section 13 Or 15(D) Of The
Securities Exchange Act Of 1934
Date of Report (Date of earliest event reported): February 27, 2003
---------------------------
KEYCORP STUDENT LOAN TRUST 2002-A
- -----------------------------------------------------------------------------
(Exact Name of Registrant as Specified in its Charter)
Delaware 333-62624-03 36-4444932
- ---------------------------------------------- -------------------------------- -----------------------------------
(State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.)
c/o Key Bank USA, National Association, as Administrator, 800 Superior Avenue,
- -------------------------------------------------------------------------------
Attn: Jeneen Sloan, Cleveland, Ohio 44114
- -------------------------------------------------------------------------------
(Address of Principal Executive Offices)
Registrant's Telephone Number, Including Area Code: (216) 828-9367
--------------------------
Exhibit Index on Page 4
Page 1 of 8 pages
AMENDED CURRENT REPORT ON FORM 8-K
In connection with its first quarterly distribution of funds to holders of its
Floating Rate Asset Backed Notes on February 27, 2003, KeyCorp Student Loan
Trust 2002-A (the "Trust") filed, on March 3, 2003, its Current Report on Form
8-K. Thereafter, it was discovered that the amounts distributed on such
distribution date (as reflected in the Noteholders' Statement attached as
Exhibit 99(a) to the March 3, 2003 Current Report) were incorrect, due to the
application of miscalculated interest rates. Promptly upon discovery of the
error, the Administrator, on behalf of the Trust, contacted and began
coordinating with the Trustee to distribute a corrected Noteholders' Statement
and adjust the distributions made so that they reflected the properly calculated
distribution amounts for the February 27, 2003 distribution date. Accordingly,
the restated Noteholders' Statement for the February 27, 2003 distribution date
is attached to this Amended Current Report on Form 8-K which shall amend and
restate in its entirety the Current Report on Form 8-K that was filed on behalf
of the Trust on March 3, 2003.
Item 5. OTHER EVENTS
On February 27, 2003, the KeyCorp Student Loan Trust 2002-A (the "Trust") made
its regular, quarterly distribution of funds to holders of the Trust's Floating
Rate Asset Backed Notes and distributed the Noteholder's Statement, filed
herewith as Exhibit to this Form 8-K, to Noteholders of record.
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 Noteholder's
Statement reflecting the Trust's activities for the period ending January 31,
2003, including a statistical summary of the delinquency and default
characteristics of the Trust's student loan portfolio as of such date.
Item 7. EXHIBIT
Exhibit 99(a) - Noteholder's Statement
Page 2 of 8 pages
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: February 27, 2003
KeyCorp Student Loan Trust 2002-A
By: KeyBank USA, National Association,
as Administrator
By: /S/ DARLENE H. DIMITRIJEVS
--------------------------------------------
Darlene H. Dimitrijevs, CPA
Senior Vice President
Page 3 of 8 pages
EXHIBIT INDEX
Exhibit
99(a) Noteholder's Statement 5
Page 4 of 8 pages