Slc Student Loan Asset Backed Notes Series 2002-1 Sample Contracts

Slc Student Loan Asset Backed Notes Series 2002-1 – Statement to Note Holders As of and for the month ended February 28, 2005 Pursuant to Section 11.04 of the Trust Indenture, the following is provided to the trustee by the issuer. The information shown below has not been independently verified, however is believed to be accurate to the best of the issuer's knowledge. (March 16th, 2005)

A copy of the statements referred to above may be obtained by any Note Holder by a written request to the Trustee, addressed to its Corporate Trust Office.

Slc Student Loan Asset Backed Notes Series 2002-1 – Statement to Note Holders As of and for the month ended January 31, 2005 Pursuant to Section 11.04 of the Trust Indenture, the following is provided to the trustee by the issuer. The information shown below has not been independently verified, however is believed to be accurate to the best of the issuer's knowledge. (February 18th, 2005)

A copy of the statements referred to above may be obtained by any Note Holder by a written request to the Trustee, addressed to its Corporate Trust Office.

Slc Student Loan Asset Backed Notes Series 2002-1 – Statement to Note Holders As of and for the month ended November 30, 2004 Pursuant to Section 11.04 of the Trust Indenture, the following is provided to the trustee by the issuer. The information shown below has not been independently verified, however is believed to be accurate to the best of the issuer's knowledge. (December 17th, 2004)

A copy of the statements referred to above may be obtained by any Note Holder by a written request to the Trustee, addressed to its Corporate Trust Office.

Slc Student Loan Asset Backed Notes Series 2002-1 – Statement to Note Holders As of and for the period ended September 30, 2003 Pursuant to Section 11.04 of the Trust Indenture, the following is provided to the trustee by the issuer. The information shown below has not been independently verified, however is believed to be accurate to the best of the issuer's knowledge. (October 16th, 2003)

A copy of the statements referred to above may be obtained by any Note Holder by a written request to the Trustee, addressed to its Corporate Trust Office.

Slc Student Loan Asset Backed Notes Series 2002-1 – STATEMENT TO NOTE HOLDERS (September 4th, 2002)

EXHIBIT 20.1 SLC STUDENT LOAN TRUST - I STATEMENT TO NOTE HOLDERS AS OF AND FOR THE PERIOD ENDED: 7/31/2002 Pursuant to Section 11.04 of the Trust Indenture, the following is provided to the trustee by the issuer. The information shown below has not been independently verified, however is believed to be accurate to the best of the issuer's knowledge. (a) The amount of payments with respect to each Class paid with respect to principal during July 2002; CLASS PRINCIPAL PAID ----- -------------- A-1 $ 575,000.00 A-2 $ 575,000.00 A-3 $ 575,000.00 A-4 $ 375,000.00 B-1 $ 0.00 (b) The amount of payments with respect to each Class paid with respect to interest during July 2002; CLASS INTEREST PAID ----- ------------- A-1 $ 89,585.00 A-2 $ 89,371.25 A-3 $ 90,060.00 A-4 $ 101,827.

Slc Student Loan Asset Backed Notes Series 2002-1 – STATEMENT TO NOTE HOLDERS (July 30th, 2002)

EXHIBIT 20.1 SLC STUDENT LOAN TRUST - I STATEMENT TO NOTE HOLDERS AS OF AND FOR THE PERIOD ENDED: 6/30/2002 Pursuant to Section 11.04 of the Trust Indenture, the following is provided to the trustee by the issuer. The information shown below has not been independently verified, however is believed to be accurate to the best of the issuer's knowledge. (a) The amount of payments with respect to each Class paid with respect to PRINCIPAL during June 2002; CLASS PRINCIPAL PAID A-1 $350,000.00 A-2 $350,000.00 A-3 $350,000.00 A-4 $100,000.00 B-1 $ 0.00 (b) The a

Slc Student Loan Asset Backed Notes Series 2002-1 – STATEMENT TO NOTE HOLDERS (July 29th, 2002)

EXHIBIT 20.1 SLC STUDENT LOAN TRUST - I STATEMENT TO NOTE HOLDERS AS OF AND FOR THE PERIOD ENDED: 5/31/2002 Pursuant to Section 11.04 of the Trust Indenture, the following is provided to the trustee by the issuer. The information shown below has not been independently verified, however is believed to be accurate to the best of the issuer's knowledge. In certain circumstances information relating to accruals and other matters has had to be estimated and is duly footnoted accordingly. All financial information is reported as of the last business day of the preceding month. (a) The amount of payments with respect to each Class paid with respect to PRINCIPAL during the preceding month: CLASS PRINCIPAL PAID ----- -------------- A-1 $100,000.00

Slc Student Loan Asset Backed Notes Series 2002-1 – STATEMENT TO NOTE HOLDERS (July 29th, 2002)

EXHIBIT 20.1 SLC STUDENT LOAN TRUST - I STATEMENT TO NOTE HOLDERS AS OF AND FOR THE PERIOD ENDED: 4/30/2002 Pursuant to Section 11.04 of the Trust Indenture, the following is provided to the trustee by the issuer. The information shown below has not been independently verified, however is believed to be accurate to the best of the issuer's knowledge. In certain circumstances information relating to accruals and other matters has had to be estimated and is duly footnoted accordingly. All financial information is reported as of the last business day of the preceding month. (a) The amount of payments with respect to each Class paid with respect to PRINCIPAL during the preceding month: CLASS PRINCIPAL PAID A-1 $0.00 A-2

Slc Student Loan Asset Backed Notes Series 2002-1 – SUPPLEMENTAL INDENTURE OF TRUST (June 18th, 2002)

EXHIBIT 4.2 EXECUTION COPY ================================================================================ SERIES 2002-1 SUPPLEMENTAL INDENTURE OF TRUST by and between SLC STUDENT LOAN TRUST-I and BANKERS TRUST COMPANY, as Indenture Trustee Authorizing the Issuance of $259,650,000 SLC Student Loan Trust-I Student Loan Asset-Backed Notes Series 2002-1 Dated as of March 27, 2002 ======================================================

Slc Student Loan Asset Backed Notes Series 2002-1 – CUSTODY AGREEMENT (June 18th, 2002)

EXHIBIT 99.5 EXECUTION COPY CUSTODY AGREEMENT This CUSTODY AGREEMENT (this "Agreement"), dated as of March 27, 2002, by and among SLC Student Loan Trust-I (the "Issuer"), Bankers Trust Company, as an eligible lender trustee on behalf of the Issuer (the "Eligible Lender Trustee"), Bankers Trust Company, as Indenture Trustee (the "Indenture Trustee") and SunTech, Inc., a Mississippi corporation (the "Custodian") (collectively, the "Parties"). W I T N E S S E T H: Whereas, the Issuer and the Eligible Lender Trustee desire to retain and employ the Custodian to act, and the Custodian is willing to act, as custodian of certain Student Loan Notes (as defined below) for the benefit of the Indenture Trustee on behalf of the Noteholders and various other secured parties described in the In

Slc Student Loan Asset Backed Notes Series 2002-1 – LOAN SALE AND CONTRIBUTION AGREEMENT (June 18th, 2002)

EXHIBIT 99.2 EXECUTION COPY LOAN SALE AND CONTRIBUTION AGREEMENT (SLC Student Loan Receivables I, Inc. to SLC Student Loan Trust-I) This Loan Sale and Contribution Agreement (this "Agreement") made and entered into as of March 27, 2002, by and among SLC Student Loan Trust-I, a Delaware business trust (the "Purchaser") acting by and through Bankers Trust Company, not individually but solely as eligible lender trustee (the "Purchaser Trustee") and SLC Student Loan Receivables I, Inc., a Delaware corporation (the "Seller") acting by and through Bankers Trust Company, not individually but solely as eligible lender trustee (the "Seller Trustee"). W I T N E S S E T H : - - - - - - - - - - WHEREAS, the Purchaser, by and through the Purchaser T

Slc Student Loan Asset Backed Notes Series 2002-1 – SERVICING AGREEMENT (June 18th, 2002)

EXHIBIT 99.3 EXECUTION COPY SERVICING AGREEMENT This SERVICING AGREEMENT (this "Agreement") is entered into as of March 27, 2002, by and between The Student Loan Corporation, a Delaware corporation (the "Servicer") and SLC Student Loan Trust-I, a Delaware business trust (the "Issuer"). WITNESSETH: WHEREAS, the Issuer acquires and holds student loans which are guaranteed under a guarantee program established pursuant to the requirements of the Higher Education Act of 1965, as amended (the "Student Loans"); and WHEREAS, pursuant to this Agreement the Servicer will agree to provide, or cause there to be provided, loan servicing services for the Student Loans; and WHEREAS, the Issuer wishes to retain the Servicer to service the Student Loans acquired pursuant to the

Slc Student Loan Asset Backed Notes Series 2002-1 – ELIGIBLE LENDER TRUST AGREEMENT (June 18th, 2002)

EXHIBIT 4.5 EXECUTION COPY ================================================================================ ELIGIBLE LENDER TRUST AGREEMENT between SLC STUDENT LOAN TRUST-I as Grantor and BANKERS TRUST COMPANY as Eligible Lender Trustee Dated as of March 27, 2002 ================================================================================ ELIGIBLE LENDER TRUST AGREEMENT THIS ELIGIBLE LENDER TRUST AGREEMENT is made on March 27, 2002, by and between SLC STUDENT LOAN TRUST-I (the "Grantor") and BANKERS TRUST COMPANY, as eligible lender t

Slc Student Loan Asset Backed Notes Series 2002-1 – SUBSERVICING AGREEMENT (June 18th, 2002)

EXHIBIT 99.4 EXECUTION COPY SUBSERVICING AGREEMENT This SUBSERVICING AGREEMENT (this "Agreement") is entered into as of March 27, 2002, by and between SunTech, Inc., a Mississippi corporation (the "Subservicer") and The Student Loan Corporation, a Delaware corporation (the "Servicer"). WITNESSETH: WHEREAS, the Servicer provides servicing functions for SLC Student Loan Trust-I (the "Issuer") that include servicing and holding student loans which are guaranteed under a guarantee program established pursuant to the requirements of the Higher Education Act of 1965, as amended (the "Student Loans"); and WHEREAS, such services are provided by the Servicer to the Issuer pursuant to a Servicing Agreement, dated as of March 27, 2002, (the "Servicing Agreement") between the Issuer a

Slc Student Loan Asset Backed Notes Series 2002-1 – INDENTURE OF TRUST (June 18th, 2002)

EXHIBIT 4.1 EXECUTION COPY ================================================================================ INDENTURE OF TRUST by and among SLC STUDENT LOAN TRUST-I and BANKERS TRUST COMPANY as Indenture Trustee and BANKERS TRUST COMPANY as Eligible Lender Trustee Dated as of March 27, 2002 ================================================================================ SLC STUDENT LOAN TRUST-I Reconciliation and tie between Trust Indenture Act of 1939 and Indenture of Trust dated

Slc Student Loan Asset Backed Notes Series 2002-1 – ELIGIBLE LENDER TRUST AGREEMENT (June 18th, 2002)

EXHIBIT 4.4 EXECUTION COPY ================================================================================ ELIGIBLE LENDER TRUST AGREEMENT between SLC STUDENT LOAN RECEIVABLES I, INC. as Grantor and BANKERS TRUST COMPANY as Eligible Lender Trustee Dated as of March 27, 2002 ELIGIBLE LENDER TRUST AGREEMENT THIS ELIGIBLE LENDER TRUST AGREEMENT is made on March 27, 2002, by and between SLC STUDENT LOAN RECEIVABLES I, INC. (the "Grantor") and BANKERS TRUST COMPANY, as eligible lender trustee (the "Eligible Lender Trustee").

Slc Student Loan Asset Backed Notes Series 2002-1 – UNDERWRITING AGREEMENT (June 18th, 2002)

EXHIBIT 1.1 EXECUTION COPY SLC STUDENT LOAN TRUST-1 $259,650,000 STUDENT LOAN ASSET-BACKED AUCTION RATE NOTES (SERIES 2002-1) UNDERWRITING AGREEMENT ---------------------- March 21, 2002 Salomon Smith Barney Inc., as representative of the Underwriters 388 Greenwich Street, 35th Floor New York, New York 10013 Ladies and Gentlemen: SLC Student Loan Trust-1, a Delaware business trust (the "Company"), proposes to sell to Salomon Smith Barney Inc. (the "Representative") and the other underwriters listed on Schedule A hereto (collectively with the Representative, the "Underwriters"), pursuant to the terms