U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

             QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                  For the quarterly period ended April 30, 2003

                         Commission File Number: 0-30323

                            College Partnership, Inc.
        -----------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)

         Nevada                                                  84-1416023
-------------------------------                              -------------------
(State or other jurisdiction of                                 (IRS Employer
incorporation or organization)                               Identification No.)

                      333 South Allison Parkway, Suite 100
                          Lakewood, Colorado 80226-3115
           -----------------------------------------------------------
           (Address of principal executive offices including zip code)

                                 (303) 804-0155
                           ---------------------------
                           (Issuer's telephone number)

                      College Bound Student Alliance, Inc.
 -------------------------------------------------------------------------------
                   (Former Name, if Changed Since Last Report)


     Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for
such shorter period that the Registrant was required to file such reports), and
(2) has been subject to such filing requirements for the past 90 days.

                               Yes /X/     No /  /

As of June 10, 2003, the Registrant had 27,017,307 shares of common stock,
$0.001 par value per share, outstanding.

Transitional Small Business Disclosure Format (check one): Yes/ / No /X/


          See accompanying notes to consolidated financial statements.
                                        1

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                                      INDEX

                                                                          Page
                                                                          Number
Part I.  Financial Information

         Item 1.    Financial Statements (unaudited)

                  Condensed Consolidated Balance Sheets as
                    of April 30, 2003 and July 31, 2002......................3

                  Condensed Consolidated Statements of Operations,
                    Three and Nine-Month Periods Ended
                    April 30, 2003 and 2002..................................4

                  Condensed Consolidated Statements of Cash Flows,
                    Nine-Month Periods Ended April 30, 2003 and 2002.......5-6

                  Notes to Condensed Consolidated Financial Statements.....7-10

                  Item 2.  Management's Discussion and Analysis of
                           Financial Condition and Results of Operations..10-16

Part II. Other Information

                  Item 1.  Legal Proceedings.................................17

                  Item 2.  Changes in Securities.............................17

         Item 3.  Defaults Upon Senior Securities............................17

                  Item 4.  Submission of Matters to a Vote
                           of Security Holders...............................17

         Item 5.  Other Information..........................................17

                  Item 6.  Exhibits and Reports on Form 8-K..................17

         Item 7.  Internal and disclosure controls...........................18


          See accompanying notes to consolidated financial statements.
                                        2


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<TABLE>
<CAPTION>


                                              ITEM I. FINANCIAL STATEMENTS

                                       COLLEGE PARTNERSHIP, INC. AND SUBSIDIARIES

                                              CONSOLIDATED BALANCE SHEETS


                                                         ASSETS
                                                                                  April 30,             July 31,
                                                                                    2003                  2002
                                                                                ------------          ------------

<S>                                                                             <C>                   <C>
CURRENT ASSETS
  Cash                                                                          $    484,650          $    662,457
  Accounts receivable, net of allowance for doubtful accounts of $701,723
  and $593,069 at April 30, 2003 and July 31, 2002, respectively                   3,157,375             2,767,273
  Note receivable from financing                                                     430,685               319,955
  Inventory                                                                          128,854                95,476
  Deferred customer contract expenses                                                551,536               836,851
  Other current assets                                                               154,256                38,746
                                                                                ------------          ------------
     Total Current Assets                                                          4,907,356             4,720,758

  Property and equipment, net of accumulated depreciation                            289,352               363,917
  Intangible and other assets, net of accumulated amortization
      of $1,093,286 and $977,366 at April 30, 2003 and
      July 31, 2002, respectively                                                  2,112,030             2,218,151
  Other assets                                                                        32,853                29,934
                                                                                ------------          ------------
     Total Assets                                                               $  7,341,591          $  7,332,760
                                                                                ============          ============

                             LIABILITIES AND STOCKHOLERS' EQUITY (DEFICIT)

CURRENT LIABILITIES
  Notes payable- finance companies                                              $  2,291,324          $  1,941,396
  Current maturities on long-term obligations                                        465,044               583,919
  Current maturities of long-term obligations - related parties                      225,602               291,459
  Accounts payable                                                                 1,653,896             1,517,345
  Accrued liabilities                                                                803,311               784,221
  Deferred revenue                                                                 2,383,860             3,011,301
                                                                                ------------          ------------
     Total Current Liabilities                                                     7,823,037             8,129,641

LONG-TERM LIABILITIES
  Deferred rent                                                                      434,987               482,987
  Long-term obligations, less current mauturities                                  1,473,489             1,644,098
  Long-term obligations to related parties, less current maturities                  371,745               415,862
                                                                                ------------          ------------
     Total Long- Term Liabilities                                                  2,280,221             2,542,947
                                                                                ------------          ------------
     Total Liabilities                                                            10,103,258            10,672,588

COMMITMENTS AND CONTINGENCIES (Note 3)

STOCKHOLDERS' EQUITY (DEFICIT):
  Preferred stock, $.001 par value, 10,000,000 shares
    authorized none issued or outstanding                                               --                    --
  Common stock, $.001 par value, 40,000,000 shares
    authorized:  29,017,307 issued and 27,017,307 shares
    issued and outstanding at April 30, 2003,
    and 28,575,794 shares issued and 26,575,794 issued
    and outstanding at July 31, 2002                                                  27,017                26,576
  Additional paid-in capital                                                       4,079,541             3,950,530
  Accumulated deficit                                                             (6,868,225)           (7,316,934)
                                                                                ------------          ------------
     Total stockholders' deficit                                                  (2,761,667)           (3,339,828)
                                                                                                      ------------
     Total liabilities and stockholders' deficit                                $  7,341,591          $  7,332,760
                                                                                ============          ============


                            See accompanying notes to consolidated financial statements.
                                                        3



<PAGE>


                                           COLLEGE PARTNERSHIP, INC. AND SUBSIDIARIES

                                             CONSOLIDATED STATEMENTS OF OPERATIONS

                                                FOR THE QUARTERS ENDED APRIL 30,


                                                           Nine Months Ended                       Three Months Ended
                                                       2003                 2002               2003                2002
                                                   ------------        ------------        ------------        ------------
Revenue:
  Student services                                 $ 14,097,834        $  8,181,187        $  4,928,881        $  3,074,090

Cost of student services                              2,063,913           1,545,492             691,952             528,014
Sales and marketing expense                           7,092,003           3,781,981           2,614,396           1,146,452
                                                   ------------        ------------        ------------        ------------
     Gross profit                                     4,941,918           2,853,714           1,622,533           1,399,624

General and administrative expenses                   3,081,196           3,044,789           1,027,590           1,134,944
Depreciation and amortization                           223,321             384,987              74,267             130,972
Bad debt expense                                      1,287,058             547,429             511,621             365,227
                                                   ------------        ------------        ------------        ------------
     Income (Loss) from operations                      350,343          (1,123,491)              9,055            (231,519)

Gain on unused contracts                                200,701             456,158             182,168             456,158
Net Interest income (expense)                          (102,335)            (47,477)            (38,907)             16,797
                                                   ------------        ------------        ------------        ------------

     Net income (loss)                             $    448,709        $   (714,810)       $    152,316        $    241,436
                                                   ============        ============        ============        ============

Net income (loss) per share attributable to
common stockholders - basic and diluted            $       0.02        $      (0.03)       $       0.01        $       0.01
                                                   ============        ============        ============        ============

Weighted average number of common shares
outstanding basic and diluted                        26,582,696          25,048,364          26,609,992          26,070,556
                                                   ============        ============        ============        ============



                                  See accompanying notes to consolidated financial statements.
                                                               4



<PAGE>


                                    COLLEGE PARTNERSHIP, INC. AND SUBSIDIARIES

                                       CONSOLIDATED STATEMENTS OF CASH FLOWS

                                      FOR THE NINE MONTH PERIODS ENDED APRIL 30,


                                                                                    2003                2002
                                                                                 -----------         -----------

Cash flows from operating activities:
  Net income (loss)                                                              $   448,709         $  (714,810)
  Adjustments to reconcile net loss to net cash used in operating activities:
    Provision for doubtful accounts                                                1,287,058             547,429
    Depreciation and amortization                                                    223,546             384,987
    Issuance of common stock for director and employee compensation                   13,352             205,801
    Issuance of common stock for purchase of franchise                                  --                 3,600
    Deferred compensation and royalties to related parties                            93,376              31,308
    Issuance of common stock for services to third parties                             4,051              62,380
    Gain on unused contracts                                                        (200,701)               --
    Deferred license fees, net                                                       (48,000)            164,330
    Non-cash stock cancellations                                                     (22,950)            (53,064)
  Changes in operating assets and liabilities:
    Accounts receivable                                                           (1,677,160)         (1,658,453)
    Inventory                                                                        (33,378)            (11,818)
    Deferred customer contract expense                                               285,315            (281,248)
    Accounts payable                                                                 136,551             128,238
    Accrued liabilities                                                               28,441              29,917
    Deferred revenue                                                                (426,740)            803,114
    Other                                                                            (70,833)             (9,101)
                                                                                 -----------         -----------

        Net cash provided by (used in) operating activities                           40,637            (367,390)
                                                                                 -----------         -----------

Cash flows from investing activities:
    Purchase of property and equipment                                               (42,861)            (50,886)
                                                                                 -----------         -----------

Net cash used in investing activities                                                (42,861)            (50,886)
                                                                                 -----------         -----------
                                                  (continued)




                          See accompanying notes to consolidated financial statements.
                                                       5


<PAGE>


                                COLLEGE PARTNERSHIP, INC. AND SUBSIDIARIES

                                  CONSOLIDATED STATEMENTS OF CASH FLOWS

                                FOR THE NINE MONTH PERIODS ENDED APRIL 30,




                                                                      2003                     2002
                                                                  -----------              -----------
Cash flows from financing activities:
  Proceeds from financing of contracts                              3,626,759                3,686,705
  Payments on financial contracts                                  (3,286,182)              (2,963,394)
  Amounts due from financial contract                                (110,730)                (154,432)
  Proceeds from long term obligations                                    --                     36,767
  Payments on long term obligations                                  (326,342)                (154,962)
  Payments on long term obligations - related parties                 (79,088)                 (52,799)
                                                                  -----------              -----------

Net cash provided by financing activities                            (175,583)                 397,885
                                                                  -----------              -----------

Net increase (decrease) in cash                                      (177,807)                 (20,391)

Cash at the beginning of the period                                   662,457                  453,337
                                                                  -----------              -----------

Cash at the end of the period                                     $   484,650              $   432,946
                                                                  ===========              ===========


Supplemental disclosure of cash flow information-

Cash paid during the period for interest                          $   506,252              $   556,473
                                                                  ===========              ===========

Supplemental disclosure of non-cash information-

Issued common stock to employees and
directors in lieu of cash compensation                            $   135,000              $   200,801
                                                                  ===========              ===========





                      See accompanying notes to consolidated financial statements.
                                                 6

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<PAGE>


                            COLLEGE PARTNERSHIP, INC.
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                           April 30, 2003 (Unaudited)


(1) Description of Business

     On May 28, 2003, College Partnership, Inc., the "Company" (formerly known
as College Bound Student Alliance, Inc.), held its annual meeting of
shareholders. At the meeting, the shareholders approved a proposal to change the
Company's name from College Bound Student Alliance, Inc. to College Partnership,
Inc. In connection with the name change, the Company's trading symbol changed
from GRAD to CGPA. The name change was recommended by the Board of Directors as
appropriate since the Company's largest subsidiary was named The College
Partnership, Inc. The Company and its subsidiaries will hereinafter be referred
to as College Partnership, Inc.

     College Partnership, Inc. and subsidiaries (the "Company") provides
products and services to high school students, and their parents, who are
interested in entering college. This is the Company's only business segment. The
Company offers assistance to its customers in career planning, college field of
study selection, college selection, college entrance testing, searches for merit
awards and financial aid. The Company markets its products through weekend
workshops held throughout the United States and through a direct sales force.
The majority of its products and services are sold as a bundled package entitled
the "College Action Plan" (CAP). Customers, typically the parents of high school
students, purchase the CAP either by making a check or credit card payment or by
installment note. Delivery of products and services takes the form of printed
materials, videocassettes, and test preparation, college major and career
assessment software and databases accessed through CD-ROM or the Internet. The
Company's principal production facilities are located in the Dallas/Fort Worth
metroplex, and it has an office in Orange County, California and is
headquartered in Lakewood, Colorado.

     The consolidated financial statements include the financial statements of
the Company and its wholly owned subsidiaries: College Partnership, Inc.,
College Foundation Planners, Inc., and The College Partnership, Inc., all of
which are now conducting business as College Partnership, Inc. All inter-company
balances and transactions have been eliminated in consolidation.


(2) Basis of Preparation

     The accompanying unaudited condensed consolidated financial statements have
been prepared pursuant to the rules and regulations of the Securities and
Exchange Commission. Certain information and footnote disclosures normally
included in financial statements prepared in accordance with generally accepted
accounting principles have been condensed or omitted pursuant to such rules and
regulations. Although the Company believes that the disclosures are adequate to
make the information presented not misleading, it is suggested that these
condensed consolidated financial statements be read in connection with the
financial statements and notes thereto included in the Company's annual report
on Form 10-KSB for the year ended July 31, 2002.

     In the Company's opinion, the accompanying unaudited condensed consolidated
financial statements include all adjustments (consisting of normal recurring
accruals and adjustments) required to present fairly the Company's financial

                                       7


<PAGE>



                            COLLEGE PARTNERSHIP, INC.
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                           April 30, 2003 (Unaudited)

position at April 30, 2003 and July 31, 2002, the results of operations for each
of the nine and three-month periods ended April 30, 2003 and 2002, and cash
flows for the nine-month periods ended April 30, 2003 and 2002.

     The operating results for the nine and three-month periods ended April 30,
2003 may not be indicative of the results that may be expected for the year
ending July 31, 2003. Certain reclassifications have been made to the nine and
three-month periods ended April 30, 2002 financial information to be consistent
with the nine and three-month periods ended April 30, 2003. Such
reclassifications had no effect on net loss for the periods ended April 30,
2002.

(3) Liquidity

     The Company reported a profit of $448,709 and $152,316 for the nine and
three months ended April 30, 2003. During the six months ended April 30, 2003
the Company has been experiencing higher sales and marketing costs which have
increased our cost of sales. This trend is expected to continue into the final
quarter of the current fiscal year and may result in the Company reporting a
loss from operations for such quarter. Several initiatives have begun to be
implemented in the fourth quarter of this fiscal year, which if successful will
reduce sales and marketing costs and improve efficiencies within our direct
marketing campaigns, and accordingly reduce operating loss in the fourth quarter
and reestablish profitability in subsequent quarters. For the last two quarters
of fiscal 2002 and the second quarter of fiscal 2003, the Company had profitable
operations. The loss in the first quarter of fiscal 2003 was partially due to a
change in product delivery policies and increased direct mailing costs that will
benefit future periods.

     The Company is seeking alternative senior debt, subordinated debt and/or
equity financing. While there is no guarantee the Company will be successful in
attracting such investment, management believes the majority of reorganization
costs are behind it, the Company is improving its operating results, sales are
improving and the fundamentals of its business are strong, which management
believes all present an attractive investment vehicle with growth potential.
Management believes the terms and conditions of alternative financing on senior
debt to be better than the existing credit facility.

     In February 2002, the Company completed financial obligation restructuring
negotiations with a stockholder and lessor that hold approximately $1,600,000 in
presently outstanding notes payable from the Company and a lease for its
operating system.




                                       8

<PAGE>



                            COLLEGE PARTNERSHIP, INC.
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                           April 30, 2003 (Unaudited)

     As part of this restructuring, the note holder and lessor also agreed to
reduce the Company's aggregate payments under the note and obligations from
approximately $85,000 per month, to $22,000 per month, through November 1, 2002.
In October 2002, the term of the restructuring was extended for an additional
six months in exchange for the Company paying a monthly $25,000 fee to the note
holder. During the six-month period ended April 30, 2003, $150,000 was paid and
recorded to interest expense. Effective May 1, 2003, the noteholder has agreed
to revise the operating system lease to $10 per CAP delivered with such payments
being applied to a $1,500,000 purchase price on the operating system. In
addition, the annual interest rates on the other outstanding notes will be
reduced to 4% and the terms extended to April 30, 2010. As of April 30, 2003,
the Company had not obtained the financing required to pay the settlement
amounts.

     Included in accrued liabilities and deferred rent is approximately $550,000
of accrued operating system lease expense. This accrued expense will be applied
toward the $1,500,000 purchase price on the operating system on a pro-rata basis
with each $10 payment for each CAP delivered. Therefore, for the $10 payment for
each CAP delivered, approximately $3.66 will be applied to the accrued operating
lease expense and the remaining $6.34 will be charged to operating lease expense
as under generally accepted accounting principles, the Company cannot capitalize
the cost of acquiring the computer system.

(4) Revenue Recognition

     The Company recognizes revenue as the services are performed and the
products are delivered. Deferred revenue is recorded for cash received in
advance for services or products the Company is obligated to perform or provide.

     Revenue is recognized consistent with Staff Accounting Bulletin No. 101
(SAB 101). In January 2001, the Company introduced a new customer product to
enhance its services and has continued to improve upon this product through 2001
and 2002. This product contains multiple elements that are distinguishable and
are not dependent upon each other. These products currently account for a
substantial portion of the Company's revenue. The new customer contracts
obligate the Company to deliver a product called The College Action Plan (TM)
("CAP"). Upon delivery of the CAP, the Company recognizes revenue. Up until May
2002, the delivery of the CAP was contingent upon the customer returning a
completed detailed questionnaire. Beginning May 2002, we introduced a new CAP
that allows us to deliver 75% of our product and services prior to receiving the
completed detailed questionnaire. Therefore, 75% of each customer contract's
multiple elements are now satisfied within a short period of time after the
contract is executed and 75% of the revenue related to each contract is
recognized at that time. The remaining 25% of the revenue from those contracts
is deferred until the customer returns the questionnaire and we fulfill our
final obligation or until we can determine that the contract will become unused.

     Prior to January 1, 2001, the Company entered into the multiple
deliverables contracts, which included a service component that was
contractually available over the one-year contract period. Revenue, therefore
was recognized over the one-year period for these contracts.


                                       9

<PAGE>



                            COLLEGE PARTNERSHIP, INC.
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                           April 30, 2003 (Unaudited)

     Direct and incremental costs in acquiring contracts are deferred and
recognized over the contract period for multiple deliverables contracts and upon
delivery of the CAP for the new contracts.

     Finance income on installment contracts is recognized over the contract
period.

(5) Cost of Sales

     A substantial portion of the Company's costs directly relating to sales is
its marketing costs, which include direct mailings to solicit potential
customers of its products to attend its educational seminars regarding college
financial aid and admissions. Management considers such marketing cost to be
directly related to sales and therefore has included such costs in cost of
sales. However, a portion of such costs expected to benefit future periods is
expensed currently. The Company is considering a change in accounting that will
defer that portion of these marketing costs that benefit future periods and
expensing such costs as related revenues are recognized. See a further
explanation of this possible future accounting change below.


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
         RESULTS OF OPERATIONS


     The following Management's Discussion and Analysis of Consolidated
Financial Condition and Results of Consolidated Operations, as well as
information contained elsewhere in this Report, contain statements that
constitute "forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934.
These statements include statements regarding the intent, belief or current
expectations of us, our directors or our officers with respect to, among other
things: anticipated financial or operating results, financial projections,
business prospects, future product performance and other matters that are not
historical facts. The success of our business operations is dependent on factors
such as the impact of competitive products, product development,
commercialization and technology difficulties, the results of financing efforts
and the effectiveness of our marketing strategies, general competitive and
economic conditions. Forward-looking statements are not guarantees of future
performance and involve risks and uncertainties. Actual results may differ
materially from those projected in the forward-looking statements as a result of
various factors, including those described under "Factors Affecting Our Business
and Prospects" below.

     We acquired three companies over the sixteen-month period ended July 31,
2000, two of which were in the last quarter of fiscal 2000. Therefore, fiscal
2001 and 2002 were years of integration of these businesses and of great
transition. Considerable effort and resources were expended during fiscal 2001
and in the first half of fiscal 2002 on consolidating operations, realigning our
product lines and our sales organization, developing marketing strategies,
improving and expanding our products and services, cutting costs, expanding our
sales force, identifying and implementing efficiencies and expanding our
infrastructure.

     As discussed below, we recently modified and improved our CAP product and
commenced delivery of the new CAP in May 2002. These changes, in addition to
enabling us to deliver a substantial portion of our CAP products and services to
our customers earlier, are expected to improve customer satisfaction, the return
rate of the completed questionnaires, collections and our customer's ability to
use our product and services. In addition, revenue recognition resulting from
the earlier delivery of such products will more closely match our revenues with
expenses.

                                       10

<PAGE>


Significant Accounting Policies

     The discussion and analysis of our financial condition and results of
operations are based on the consolidated financial statements that have been
prepared in accordance with accounting principles generally accepted in the
United States. The preparation of these financial statements requires estimates
and assumptions that affect the reported amounts and disclosures.

     We believe the following, among others, to be our significant accounting
policies. That is, the following accounting policies are both important to the
portrayal of our financial condition and results of operations, and also require
critical management judgments and estimates about matters that are inherently
uncertain. Although we believe our judgments and estimates are appropriate and
correct, actual future results may differ from our estimates.

     Revenue is recognized consistent with Staff Accounting Bulletin No. 101
(SAB 101). For customer agreements that require multiple deliverables and the
fair value of the deliverables is not determinable, revenue is recognized over
the service period on a straight-line basis. Prior to January 1, 2001, we
entered into multiple deliverables contracts, which included a service component
that was contractually available over the one-year contract period. Revenue,
therefore, was recognized over the one-year period for these contracts.

     Effective January 1, 2001, we introduced a new customer product to enhance
our service and product offerings--The College Action Plan(TM), or CAP. Prior to
May 2002, however, we continued to deliver the CAP product as one complete unit
that contained multiple deliverable elements, including a customized college
selection matching report. Accordingly, from January 1, 2001 through April 30,
2002, the timing of deliveries of our CAP products and the recognition of
revenue continued to be largely influenced by the date we received the customer
questionnaire required to create this customized report. Historically, over 80%
of our customers who return their questionnaire do so within 90 days after
contract signing, at which time we recognized 100% of the CAP contract revenue.

     Commencing May 2002, we began to deliver the majority of the CAP
deliverables shortly after the contract execution and delivery of the customized
college selection matching report separately as it requires the customer to
provide us with a completed questionnaire. Therefore, beginning in May 2002 we
began recognizing 75% of the revenue received under the CAP agreements when the
CAP products and services, excluding the customized report, were delivered. We
recognize the remaining 25% of revenue upon delivery of the customized report.
Under our new CAP delivery process we generally recognize 75% of our revenues
within 60 days of the agreement execution date.

     Customers continue to have the option to pay the full contract price when
the contract is signed, in four equal installments payable the first four months
of the contract or in thirteen equal monthly installments. Customers have the
right to cancel the contract for a full refund within three days of contract
signing. The initial down payment amounts received under contracts are not
recorded until the three-day refund period has expired.

     Deferred revenue is recorded for cash received in advance for products and
services the Company is obligated to provide. Cash collections are directly
related to the number of customer contracts signed not to the amount of revenue
recognized in the period.

                                       11

<PAGE>


     Approximately 80% of our direct costs of sales represent selling and
marketing costs are incurred within four weeks before and after the customer
enters into a contract with the Company. The selling costs, which include sales
commissions and travel expenses, are deferred and recognized as expense when the
related revenue is recognized. Historically, the marketing costs, which include
obtaining potential client lists, printing of invitation letters, and postage
have been expensed as incurred. These marketing costs primarily represent the
costs of sending out invitation letters (advertisements) in direct mail
campaigns to elicit direct responses that result in product sales. Therefore
marketing costs incurred in one period will benefit future periods. In recent
periods, marketing costs represent over 50% of our cost of sales.

     The Company reported a profit of $448,709 and $152,316 for the nine and
three months ended April 30, 2003. During the six months ended April 30, 2003
the Company has been experiencing higher sales and marketing costs which have
increased our cost of sales. This trend is expected to continue into the final
quarter of the current fiscal year and may result in the Company reporting a
loss from operations for such quarter. Several initiatives have begun to be
implemented in the fourth quarter of this fiscal year, which if successful will
reduce sales and marketing costs and improve efficiencies within our direct
marketing campaigns, and accordingly reduce operating loss in the fourth quarter
and reestablish profitability in subsequent quarters. For the last two quarters
of fiscal 2002 and the second quarter of fiscal 2003, the Company had profitable
operations. The loss in the first quarter of fiscal 2003 was partially due to a
change in product delivery policies and increased direct mailing costs that will
benefit future periods.

     The Company is considering changing its method of accounting for marketing
costs in the final quarter of the current fiscal year. The Company currently
expenses all of its marketing costs as incurred. Management believes it may be
preferable to capitalize marketing costs and expense them as the associated
revenues are being recognized in accordance with SOP 93-7 "Reporting on
Advertising Costs". Such costs were previously not capitalized as the
realization of the related intangible asset that will be recorded under this
method was uncertain. Also, the Company believes it can demonstrate historical
patterns that its direct mail campaigns have a direct correlation to its sales
and with improved operating performance; the Company believes the intangible
asset recorded in conjunction with the adoption of this policy will be probable
of realization. Upon adoption, the Company believes this new method of
accounting for advertising costs will provide a better matching of costs with
their related revenues. Based upon our analysis of marketing costs incurred
through April 30, 2003, the cumulative effect of this accounting change would
have been approximately $1,200,000, which upon adoption of this accounting
change, will be recorded as a one time increase to net income as the accumulated
effect of the accounting change and will reduce the shareholders' deficit by the
same amount. It is also expected that this change will generally result in lower
advertising costs per reported period relative to revenue as the Company
continues to increase its direct advertising efforts.

     The recurring revenue earned from unused contracts is recorded below profit
from operations as a gain net of related deferred commission expenses. These
gains are recognized because historically 30% of our customers never complete
the questionnaire and don't use a substantial portion of the product, although
the Company is contractually entitled to the revenue. Beginning in the quarter
ended April 30, 2002, we had obtained sufficient historical experience to begin
to recognize into income the deferred revenue (net of the related deferred
expense) of these unused contracts. Our historical experience indicates that we
begin to recognize this income and related expense relating to unused contracts
over the period of time beginning in the second half of the student's senior
year, when most college applications are finalized and the need for our services
diminish.

     Intangible and other assets consist primarily of intangible assets and
recruiting systems technology acquired in business combinations. Intangible
assets and recruiting systems technology, which represent the excess of purchase
price over fair value of net assets acquired, are amortized on a straight-line
basis over 10 years. We assess the recoverability of intangible assets by
determining whether the amortization of the intangible asset balance over its
remaining life can be recovered through undiscounted future operating cash flows
of the acquired operation. The amount of impairment, if any, is measured based
on projected discounted future operating cash flows using a discount rate
reflecting our average cost of funds. The assessment of the recoverability of
intangible assets will be impacted if estimated future operating cash flows are
not achieved.

                                       12

<PAGE>


FINANCIAL CONDITION AS OF APRIL 30, 2003 AS COMPARED TO JULY 31, 2002

     Total assets have increased from $7,332,760 at July 31, 2002 to $7,341,591,
a change of $8,831 at April 30, 2003. This increase was primarily due to an
increase in accounts receivable and notes receivable from financing of
receivables of $500,832, an increase in inventory of $33,378 and an increase in
other assets of $118,429, partially offset by a lower cash balance, a decrease
in expenses incurred relating to contracts not shipped of $285,315, and an
increase in accumulated depreciation and amortization expense.

     Total liabilities decreased from $10,672,588 at July 31, 2002 to
$10,103,258 at April 30, 2003. Current liabilities decreased from $8,129,641 at
July 31, 2002 to $7,823,037 at April 30, 2003. The decrease in current
liabilities is primarily a result of: a decrease of $627,441 of deferred
revenues during the nine months ended April 30, 2003 and a decrease in notes
payable of $184,732; offset by an increase of $349,928 in notes payable to
finance companies and an increase in accounts payable and accrued liabilities
totaling $155,641.

     Stockholders' deficit decreased from a deficit of $3,339,828 at July 31,
2002 to a deficit of $2,761,667 at April 30, 2003 primarily because of the net
income realized during the nine-month period ended April 30, 2003.

     As of April 30, 2003 the Company had a working capital deficit of
$2,915,681. Management plans to manage the deficit through decreasing costs,
increasing the number of units delivered and continuing to increase the number
of contracts sold. The Company will also continue pursuing senior and
subordinated debt, along with equity financing to fund basic operations and
further expansion.


RESULTS OF OPERATIONS: NINE-MONTH PERIOD ENDED APRIL 30, 2003 VERSUS APRIL 30,
2002

     GENERAL. Commencing May 2002, we began to deliver the majority of the CAP
deliverables shortly after the contract execution and delivery of the customized
college selection matching report separately as it requires the customer to
provide us with a completed questionnaire. Therefore, beginning in May 2002 we
began recognizing 75% of the revenue received under the CAP agreements when the
CAP products and services, excluding the customized report, were delivered. We
recognize the remaining 25% of revenue upon delivery of the customized report.
Under our new CAP delivery process we generally recognize 75% of our revenues
within 60 days of the agreement execution date, whether the questionnaire is
submitted or not. For contracts sold from January 1, 2001 through April 2002,
revenue was recognized after the CAP was delivered which required the customer
to return their completed questionnaire. Customers continue to have the option
to pay the full contract price when the contract is signed, in four equal
installments payable the first four months of the contract or in thirteen equal
monthly installments. Customers have the right to cancel the contract for a full
refund within three days of contract signing. Amounts received under contracts
are not recorded until the three-day refund period has expired.

     REVENUE. For the nine-month period ended April 30, 2003, the Company signed
12,258 customer contracts, net of cancellations, which are 50% higher than the
number signed for the same period last year due to improved sales and marketing
methods implemented in May 2002. Customer contracts result in student service
revenue being recognized upon delivery of the CAP for the new contracts.

     Student services revenue increased $5,916,647 or 72% and $1,854,791or 60%
for the nine and three-month period ended April 30, 2003 to $14,097,834 and
$4,928,881, respectively from $8,181,187 and $3,074,090 for the comparable
periods in 2002, primarily as a result of higher unit sales from an expanding

                                       13

<PAGE>


number of workshops held, a higher unit sales price on an improved product and
the revenue recognition issues described above.

     The Company has recently experienced substantial growth, however, there can
be no assurance that growth will continue at historical rates or at all. The
Company's ability to generate increased revenue and achieve profitability will
depend upon its ability to increase sales through development and/or acquisition
of new products, improving its direct marketing campaigns, expanding and
upgrading the number of sales representatives, further developing the workshop
program and implementing new sales channels. While we've been successful in
recent implementation of some of these projects, the Company's continuing
ability to expand and develop these channels depends on a number of factors
beyond its control, including general business and economic conditions.
Expansion and development of existing and additional marketing and distribution
channels will also depend, in part, upon the Company's ability to secure
additional financial resources, technology, expertise and staff.

     COST OF STUDENT SERVICES. Cost of student services increased by $518,421 or
34% and $163,938 or 31% for the nine and three months ended April 30, 2003 as
compared to the same periods in the prior year. This was due to a higher number
of unit shipments partially offset by lower costs.

     SALES AND MARKETING EXPENSES. Sales and marketing expenses increased by
$3,310,022 or 88% and $1,467,944 or 128% for the nine and three-month periods
ended April 30, 2003 as compared to the same period in the prior year. This
increase is in proportion to the increases in sales over the same periods of
time. The increases represent higher commission costs along with higher
marketing costs for the direct mail campaigns.

     OPERATING EXPENSES. General and administrative expenses increased $36,407
or 1% and decreased $107,624 or 9% and for the nine and three-month periods
ended April 30, 2003, respectively, from the comparable periods in the prior
fiscal year. The increase for the nine-month period was due to higher
administrative costs to support the increased sales, sales and marketing
expenses and cost of student services. The decrease in costs for the three-month
period ended April 30, 2003 was due to a couple one time cost cutting
initiatives. Such savings are not expected to be recurring and general and
administrative expenses will return to prior period levels in the future.

     DEPRECIATION AND AMORTIZATION. Depreciation and amortization decreased
$161,666 or 42% and $56,705 or 43% for the nine and three-month periods ended
April 30, 2003, respectively, as compared to the same period in the prior fiscal
year as goodwill is no longer being amortized pursuant to implementation of SFAS
No. 142. The depreciation and amortization is primarily due to the acquisition
of TCP, CFPI and CBS-Athletes since their acquisitions resulted in intangible
assets valued at $2,112,030 at April 30, 2003, net of accumulated amortization
of $1,093,286. These assets are generally being amortized over a 10-year period.

     BAD DEBT EXPENSE. Bad debt expense increased $739,629 or 135% and $146,394
or 40% for the nine and three-month periods ended April 30, 2003, respectively,
as compared to the same periods in the prior fiscal year. The increase in bad
debt expense is due to higher sales. In January 2003, we began using an outside
collection agency and initial results on bad debt recoveries are promising.

     OPERATING INCOME (LOSS). We reported operating income of $350,343 and
$9,055 for the nine and three-month periods ended April 30, 2003, respectively,
as compared to operating losses of $1,123,491 and $231,519 for the same periods
in the prior fiscal year. The change from operating loss to operating income for

                                       14

<PAGE>


the nine and three-month periods is primarily attributable to improved sales and
higher gross profits being realized on increased student service revenues.

     NON-OPERATING INCOME (EXPENSE). The recurring gain from unused contracts of
$200,701 and $182,168 for the nine and three months ended April 30, 2003
represents the reduction in the deferred revenue, net of the reduction in the
deferred expenses, for contracts that will never be used.

     NET INTEREST INCOME (EXPENSE). We reported net interest expense of $102,335
and $38,907 for the nine and three-month periods ended April 30, 2003,
respectively, as compared to net interest expense of $47,477 and net interest
income of $16,797 for the same periods in the prior fiscal year, respectively.
During the six and three-month periods ended April 30, 2003, we paid $150,000
and $75,000, respectively, in fees to extend a debt restructuring agreement as
described in Note 3. Without the effects of this charge, net interest would have
been income (as compared to expense) of $47,665 and $36,093 for the nine and
three-month periods ended April 30, 2003, respectively. The change in net
interest expense, excluding the $150,000 and $75,000 charges, was due to finance
fees earned on installment contracts exceeding interest expense paid to finance
companies, partially due to improved financing terms. Beginning in May 2003,
interest expense will further decrease by approximately $18,000 per quarter due
to the debt restructuring discussed above.

     As of April 30, 2003 there is approximately $86,000 of deferred revenue and
$63,000 of related deferred expenses associated with high school seniors who
will be graduating in May 2003. This represents the amount paid for unused and
partially used contracts where revenue has not been recognized. It continues to
be our experience that our services are no longer needed for these graduating
seniors beginning in the second semester of their final year in high school. The
balance of the unused contracts, net of related deferred expenses, will be
recognized as gain on unused contracts in January through May of 2003.

     NET INCOME (LOSS) AND NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO COMMON
STOCKHOLDERS. The Company reported net income of $448,709 and $152,586 for the
nine and three-month periods ended April 30, 2003, compared to net loss of
$714,810 and net income of $241,436 for the comparable periods in the prior
fiscal year. The change from net losses for the nine month period ended April
30, 2002 to net income for the three and nine-month periods ended April 30, 2003
is due to increased revenues and improved cost efficiencies, partially offset by
a decrease in the gain for unused contracts in 2003 from 2002. The basic and
diluted income per share for the nine and three-month periods ended April 30,
2003 was $0.02 and $0.01, respectively, compared to net loss per share of $0.03
and income per share of $0.01 for the comparable periods in the prior fiscal
year. Basic and diluted earnings per share for the nine and three-month periods
ended April 30, 2003 and the three months ended April 30, 2002 are the same
since the exercise price of outstanding options exceeded the trading price of
the Company's common stock.

     LIQUIDITY. Our primary sources of liquidity and capital resources
historically have been sales to customers, borrowings, sales of our equity
securities, and financing of our receivables. Cash used for payment of operating
costs has offset these sources of cash flow.

     The Company has sustained profitable operations, of $1,367,525 for the
fifteen-month period ended April 30, 2003. Prior to that time, substantial
losses were incurred in fiscal 2001 and into the first two quarters of fiscal
2002. During fiscal 2002, the Company incurred a loss of $398,431 compared to a
loss of $4,010,901 in fiscal 2001. The substantial losses incurred in fiscal
2001 and into the first two quarters of fiscal 2002 can be attributed to
revamping and improving product lines and its marketing organization;

                                       15

<PAGE>


consolidating the operations of its acquired companies; and investing in
expansion of its operations and infrastructure. These activities consumed
considerable focus and resulted in significant losses. During fiscal 2002, while
losses continued into the first two quarters, the Company reported profits in
the last two quarters of fiscal 2002. The Company expects to continue to fund
its operations through profits and the financing of its on and off balance sheet
contracts.

     The Company is seeking alternative senior debt, subordinated debt and/or
equity financing. While there is no guarantee the Company will be successful in
attracting such investment, management believes the majority of reorganization
costs are behind it, the Company has now achieved profitable operation, sales
are improving and the fundamentals of its business are strong, which management
believes all present an attractive investment vehicle with growth potential.
Management believes the terms and conditions of alternative financing on senior
debt would be better than existing credit facilities.






                                       16
<PAGE>



                           PART II. OTHER INFORMATION

Item 1. Legal Proceedings

     None.

Item 2. Changes in Securities

     The Company issued 25,174 shares to directors for services valued at
$6,352.

     The Company repurchased 17,500 shares of common stock valued at $4,000 and
canceled and returned them to unissued shares.

     The Company issued an aggregate of 500,000 shares of common stock to
officers and employees for deferred compensation totaling $135,000.

     During the quarter ended April 30, 2003, the Company granted stock options
to purchase 1,500,000 shares of common stock to two directors (whom are also
employees) and options to purchase 200,000 shares of common stock to an
employee. All of these option grants are exercisable at $.50 per share. The
market price of the Company's common stock on the date of grant was $.22 per
share.

Item 3. Defaults Upon Senior Securities

     None.


Item 4. Submission of Matters to a Vote of Security Holders

     None.


Item 5. Other Information

     None.


Item 6. Exhibits and Reports on Form 8-K

     Exhibits:

       Exhibit 99.1  Certification of Chief Executive Officer

       Exhibit 99.2  Certification of Chief Financial Officer

     Reports on Form 8-K:

     None.



                                       17
<PAGE>



Item 7. Controls and Procedures

(a) Evaluation of disclosure controls and procedures.

     John Grace, who serves as the Company's chief financial officer, after
evaluating the effectiveness of the Company's disclosure controls and procedures
(as defined in Exchange Act Rules 13a-14(c) and 15d-14(c) as of a date within 90
days of the filing date of the quarterly report (the "Evaluation Date")
concluded that as of the Evaluation Date, the Company's disclosure controls and
procedures were adequate and effective to ensure that material information
relating to the Company and its consolidated subsidiaries would be made known to
them by individuals within those entities, particularly during the period in
which this quarterly report was being prepared.

(b) Changes in internal controls.

     There were no significant changes in the Company's internal controls or in
other factors that could significantly affect the Company's disclosure controls
and procedures subsequent to the Evaluation Date, nor any significant
deficiencies or material weaknesses in such disclosure controls and procedures
requiring corrective actions. As a result, no corrective actions were taken.




                                       18
<PAGE>



                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Form 10-QSB to be signed on its behalf by the
undersigned, thereunto duly authorized.


                                    College Partnership, Inc.



Date: June 16, 2003                 By: /s/ Douglas C. Rother
                                    --------------------------------------------
                                            Douglas C. Rother
                                            Chief Executive Officer



Date: June 16, 2003                 By: /s/ John J. Grace
                                    --------------------------------------------
                                            John J. Grace
                                            Chief Financial Officer




                                       19
<PAGE>



I Douglas C. Rother, certify that:

1.   I have reviewed this quarterly report on Form 10-QSB of College
     Partnership, Inc.

2.   Based on my knowledge, this quarterly report does not contain any untrue
     statement of a material fact or omit to state a material fact necessary to
     make the statements made, in light of the circumstances under which such
     statements were made, not misleading with respect to the period covered by
     this quarterly report.

3.   Based on my knowledge, the financial statements, and other financial
     information included in this quarterly report, fairly present in all
     material respects the financial condition, results of operations and cash
     flows of the registrant as of, and for, the periods presented in this
     quarterly report:

4.   The registrant's other certifying officers and I are responsible for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

     a.   designed such disclosure controls and procedures to ensure that
          material information relating to the registrant, including its
          consolidated subsidiaries, is made known to us by others within those
          entities, particularly during the period in which this quarterly
          report is being prepared;

     b.   evaluated the effectiveness of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date of
          this quarterly report (the "Evaluation Date"); and

     c.   presented in this quarterly report our conclusions about the
          effectiveness of the disclosure controls and procedures based on our
          evaluation as of the Evaluation Date;

5.   The registrant's other certifying officers and I have disclosed, based on
     our most recent evaluation, to the registrant's auditors and the audit
     committee of registrant's board of directors (or persons performing the
     equivalent function);

     a.   all significant deficiencies in the design or operation of internal
          controls which could adversely affect the registrant's ability to
          record, process, summarize and report financial data and have
          identified for the registrant's auditors any material weaknesses in
          internal controls; and

     b.   any fraud, whether or not material, that involves management or other
          employees who have a significant role in the registrant's internal
          controls; and

6.   The registrant's other certifying officers and I have indicated in this
     quarterly report whether or not there were significant changes in internal
     controls or in other factors that could significantly affect internal
     controls subsequent to the date of our most recent evaluation, including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.

June 16, 2003

By: /s/ Douglas C. Rother
    ---------------------
Douglas C. Rother
Chief Executive Officer

                                       20

<PAGE>



I, John J. Grace, certify that:


1.   I have reviewed this quarterly report on Form 10-QSB of College
     Partnership, Inc.

2.   Based on my knowledge, this quarterly report does not contain any untrue
     statement of a material fact or omit to state a material fact necessary to
     make the statements made, in light of the circumstances under which such
     statements were made, not misleading with respect to the period covered by
     this quarterly report.

3.   Based on my knowledge, the financial statements, and other financial
     information included in this quarterly report, fairly present in all
     material respects the financial condition, results of operations and cash
     flows of the registrant as of, and for, the periods presented in this
     quarterly report:

4.   The registrant's other certifying officers and I are responsible for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

     a.   designed such disclosure controls and procedures to ensure that
          material information relating to the registrant, including its
          consolidated subsidiaries, is made known to us by others within those
          entities, particularly during the period in which this quarterly
          report is being prepared;

     b.   evaluated the effectiveness of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date of
          this quarterly report (the "Evaluation Date"); and

     c.   presented in this quarterly report our conclusions about the
          effectiveness of the disclosure controls and procedures based on our
          evaluation as of the Evaluation Date;

5.   The registrant's other certifying officers and I have disclosed, based on
     our most recent evaluation, to the registrant's auditors and the audit
     committee of registrant's board of directors (or persons performing the
     equivalent function);

     a.   all significant deficiencies in the design or operation of internal
          controls which could adversely affect the registrant's ability to
          record, process, summarize and report financial data and have
          identified for the registrant's auditors any material weaknesses in
          internal controls; and

     b.   any fraud, whether or not material, that involves management or other
          employees who have a significant role in the registrant's internal
          controls; and

6.   The registrant's other certifying officers and I have indicated in this
     quarterly report whether or not there were significant changes in internal
     controls or in other factors that could significantly affect internal
     controls subsequent to the date of our most recent evaluation, including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.

June 16, 2003

By: /s/ John J. Grace
    -----------------
John J. Grace
Chief Financial Officer


21