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Page 1 of 17   UNITED STATES
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549
 FORM 10-K (Mark One)þ
    
    ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended December 31, 2004
 OR
 o
    
    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ____________ to ____________.
 Commission File Number: 333-58073-01 KEYCORP STUDENT LOAN TRUST 1999-A 
 (Exact name of registrant as specified in its charter)
 New York
    
    36-7238740State or other jurisdiction
of incorporation or organization
    
    (I.R.S. employer
identification no.)
 c/o KeyBank National Association, as Administrator, Attn: Cathleen Leanza, 800 Superior Ave.,Cleveland, Ohio
    
    44114(Address of principal executive offices)
    
    (Zip Code)
 Registrants telephone number, including area code:    (216) 828-8852 Securities Registered pursuant to Section 12(b) of the Act:     None Securities Registered pursuant to Section 12(g) of the Act:     None Indicate by check mark whether the registrant (1) has filed all reports required to be filed
by Section 13 or 15(d) of the Securities Exchange Act of 1934 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. þ o
 The registrant has no officer, director or beneficial owner of more than 10% of equity
securities to whom Section 16(a) of the Act applies and consequently Item 405 of Regulation S-K
does not apply. Indicate by check mark whether the registrant is an accelerated filer (as defined in Rule
12(b)-2 of the Act). o þ
 The registrant does not have any voting stock, has not been involved in bankruptcy proceedings
during the past five years and is not a corporate registrant. No documents are incorporated by reference into this Form 10-K.




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Page 2 of 17






TABLE OF CONTENTS  PART IItem 1. BusinessItem 2. PropertiesItem 3. Legal ProceedingsItem 4.  Submission of Matters to a Vote of Security HoldersPART IIItem 5. Market for Registrants Common Equity and related Stockholder MattersItem 6. Selected Financial DataItem 7. Managements Discussion and Analysis of Financial Condition and Results of OperationsItem 7A. Quantitative and Qualitative Disclosures About Market RiskItem 8. Financial Statements and Supplementary DataItem 9. Changes in and Disagreements with Accountants on Accounting and Financial DisclosureItem 9A. Controls and ProceduresItem 9B. Other InformationPART IIIItem 10. Directors and Executive Officers of the RegistrantItem 11 Executive CompensationItem 12. Security Ownership of Certain Beneficial Owners and ManagementItem 13. Certain Relationships and Related TransactionsItem 14. Principal Accounting Fees and ServicesPART IVItem 15. Exhibits, Financial Statement SchedulesINDEX OF EXHIBITSEX-31 Certification of the RegistrantEX-99(A) Servicers Compliance Certificate Form PHEAAEX-99(B) Administrators Compliance CertificateEX-99(C) Issuers Compliance CertificateEX-99(D) Indpendent Accounts Report of KPMG PHEAAEX-99(E) Independent Auditors Report of E&Y re: Keybank National    Table of Contents  This Annual Report on Form 10-K is filed 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, stating that the Division will not object if the Registrant files reports pursuant to
Sections 13 and 15(d) of the Securities Exchange Act in the manner described in a letter dated
April 28, 1997, to the Office of Chief Counsel on behalf of Key Bank USA, National Association and
said Trust. Accordingly, certain items have been omitted from or modified in this Annual Report on
Form 10-K. (Please note that KeyBank National Association is the successor by merger to Key Bank
USA, National Association.) 
 PART I 
  Item 1.
    Business.
Omitted. 
  Item 2.
    Properties.
The property of the Registrant consists solely of student loans
that are either (i) guaranteed as to the payment of principal and
interest by the Pennsylvania Higher Education Assistance Agency
(PHEAA), the Educational Credit Management Corporation (ECMC),
the Nebraska Student Loan Program (NSLP) or the Massachusetts
Higher Education Assistance Corporation now doing business as
American Student Assistance (ASA), and are reinsured by the
United States Department of Education (the Department) or (ii)
guaranteed as to the payment of principal and interest by The
Education Resources Institute, Inc. (TERI) or HEMAR Insurance
Corporation of America (HICA), each a private guarantor and not
reinsured by the Department. 
See Exhibit 31, a Certification of the Registrant, KeyBank National Association,
successor in interest to Key Bank USA, National Association, as Depositor with respect
to the activities during the fiscal year ended December 31, 2004.
See Exhibit 99(a) and 99(d), a Certificate of Pennsylvania Higher Education Assistance
Agency (PHEAA), as Servicer of the Registrant and the Independent Accountants Report
of KPMG LLP with respect to the activities of PHEAA during the calendar year ended
December 31, 2004. 
See Exhibits 99(b) and 99(e), a Certificate of KeyBank National Association, as
Administrator of the Registrant, and the Independent Auditors Report of Ernst & Young
with respect to the activities of the Administrator during the fiscal year ended
December 31, 2004. 
See Exhibit 99(c), a Certificate of the Registrant through JPMorgan Chase Bank N.A.,
successor in interest to Bank One, National Association, as Eligible Lender Trustee of
the Registrant with respect to the activities of the Registrant during the fiscal year
ended December 31, 2004.




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Page 3 of 17 
  Item 3.
    Legal Proceedings. 
The Registrant knows of no material pending legal proceedings
involving the Registrant or its property. 
  Item 4.
    Submission of Matters to a Vote of Security Holders.
No matters were submitted to Certificateholders or Noteholders for
a vote during the fiscal year covered by this Annual Report. 
 PART II 
  Item 5.
    Market for Registrants Common Equity and related Stockholder Matters.
At December 31, 2004, there were two (2) registered holders of the Registrants Floating Rate Asset Backed
Certificates (Certificates) (i) Key Bank USA, National Association and (ii) CEDE & Co., as nominee of The Depository
Trust Company (DTC). At December 31, 2004, there were three (3) persons registered on the books of DTC as record
owners of Certificates. There is no established public market in which the Certificates are traded. 
  Item 6.
    Selected Financial Data.
Omitted. 
  Item 7.
    Managements Discussion and Analysis of Financial Condition and Results of Operations.
Omitted. 
  Item 7A.
    Quantitative and Qualitative Disclosures About Market Risk.
Omitted. 
  Item 8.
    Financial Statements and Supplementary Data.
Omitted. 
  Item 9.
    Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.
None. 
  Item 9A.
    Controls and Procedures.
Omitted. 
  Item 9B.
    Other Information.
None.




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Page 4 of 17 
 PART III 
  Item 10.
    Directors and Executive Officers of the Registrant.
Omitted. 
  Item 11
    Executive Compensation.
Omitted. 
  Item 12.
    Security Ownership of Certain Beneficial Owners and Management.
As of December 31, 2004, the Certificates were registered in the name of (i) Key Bank
USA, National Association and (ii) CEDE & Co., as nominee of DTC. As of December 31,
2004, the books of DTC indicate that the two (2) DTC participant institutions listed
below are record owners of in excess of five percent (5%) of the Certificates issued by
the Registrant. Only such participants, however, know the identity of the beneficial
owners of interests in such Certificates. Name and Address of
    
    
    Amount and Nature of
    
    
    Percent ofTitle of Class
    
    
    Beneficial Owner
    
    
    Beneficial Ownership
    
    
    ClassFloating Rate Asset
Backed Certificates
    
    
    Wells Fargo Bank
Minnesota, NA
Issuer Services
c/o ADP Proxy Services
51 Mercedes Way
Edgewood NY 11717
    
    
    $3,000,000.
Principal amount of
Certificates
    
    

    8.67Mellon Trust of New
England, National
Association
Attn Melissa Tarasovich
525 William Penn Place,Suite 3410
Pittsburgh PA 15259
    
    
    $31,167,000.
Principal amount of
Certificates
    
    

    90.08
 
  Item 13.
    Certain Relationships and Related Transactions. 
Omitted. 
  Item 14.
    Principal Accounting Fees and Services. 
Omitted.




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Page 5 of 17 
 PART IV 
  Item 15.
    Exhibits, Financial Statement Schedules.
(a)(1) Financial Statements.
    Not Applicable.
(a)(2) Financial Statement Schedules required under item 15(c) below.
    Not Applicable.
(a)(3) Exhibits. The following documents are required under Item 601
of Regulation S-K and are filed as part of this     Annual Report on Form 10-K. No
documents are required as exhibits hereto under Item 15(c) below. Exhibit Number
    
    Description31
    
    Certification of the Registrant99(a)
    
    Servicers Compliance Certificate from Pennsylvania Higher Education
Assistance Agency (PHEAA).99(b)
    
    Administrators Compliance Certificate, KeyBank National Association.99(c)
    
    Issuers Compliance Certificate.99(d)
    
    Independent Accountants Report of KPMG LLP regarding PHEAA.99(e)
    
    Independent Auditors Report of Ernst & Young regarding KeyBank
National Association.
 (b)
    
    Exhibits Required Under Item 601 of Regulation S-K.Exhibits 31 through 99(e), listed above, are filed herewith.(c)
    
    Financial Statements required by Regulation S-X but excluded from the
Annual Report to Shareholders.Not Applicable.




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Page 6 of 17 Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf of the undersigned, thereunto
duly authorized. Date: March 23, 2005KeyCorp Student Loan Trust 1999-ABy: KeyBank National Association, successor in
interest to Key Bank USA, National Association, as
Master Servicer and Administrator, on behalf of the
TrustBy:
    
    /S/ DANIEL G. SMITHName:
    
    Daniel G. SmithTitle:
    
    Senior Vice President
 SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION 15(d) OF THE ACT BY
REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO SECTION 12 OF THE ACT. No annual report, proxy statement, form of proxy or other proxy soliciting material has been sent
to Certificateholders during the period covered by this Annual Report on Form 10-K and the
Registrant does not intend to furnish such materials to Certificateholders subsequent to the filing
of this report.




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Page 7 of 17 
 INDEX OF EXHIBITS Exhibit Number
    
    Description
    
    Page31
    
    Certification of the Registrant
    
    
    899(a)
    
    Servicers Compliance Certificate from PHEAA
    
    
    999(b)
    
    Administrators Compliance Certificate
    
    
    1099(c)
    
    Issuers Compliance Certificate
    
    
    1199(d)
    
    Independent Accountants Report of KPMG LLP
regarding PHEAA
    
    
    1299(e)
    
    Independent Auditors Report of
Ernst & Young regarding KeyBank National
Association
    
    
    17