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                                                                    Page 1 of 19

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20659

                                    FORM 10-K

                  FOR ANNUAL AND TRANSITION REPORTS PURSUANT TO
           SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

(MARK ONE)
[X]     ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
        ACT OF 1934

For the fiscal year ended       December 31, 2002
                          ------------------------------------------------------
                                       OR

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

For 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                                         36-7238740
----------------------------------                     -----------------------
  STATE OR OTHER JURISDICTION                             (I.R.S. EMPLOYER
OF INCORPORATION OR ORGANIZATION                         IDENTIFICATION NO.)


    C/O KEY BANK USA, NATIONAL ASSOCIATION, AS ADMINISTRATOR, 800 SUPERIOR AVE.,
--------------------------------------------------------------------------------
    ATTN: DEBRA FRONIUS, CLEVELAND, OHIO                             44114
---------------------------------------------                   --------------
   (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)                        (ZIP CODE)

Registrant's telephone number, including area code:  (216) 828-9353
                                                    ----------------------------

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 12 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.

Yes      X         No
    ----------        ----------

         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.

         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.
                             Exhibit Index on Page 8
                               Page 1 of 19 Pages



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                                                                    Page 2 of 19

         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 and said Trust. Accordingly, certain items have been
omitted from or modified in this Annual Report on Form 10-K.

                                     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 99(a), a Certificate of Pennsylvania Higher
                Education Assistance Agency ("PHEAA"), as Servicer of the
                Registrant.

                See Exhibit 99(b), a Certificate of EFS Services, Inc. ("EFS"),
                as Servicer of the Registrant, with respect to the activities of
                such Servicer during the calandar year ended December 31, 2002.

                See Exhibits 99(c) and 99(f), a Certificate of Key Bank USA,
                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, 2002.

                See Exhibit 99(d), a Certificate of the Registrant through Bank
                One, National Association, as Eligble Lender Trustee of the
                Registrant with respect to the activities of the Registrant as
                Issuer during the fiscal year ended December 31, 2002.

                See Exhibit 99(e), the Independent Accountant's Report of KPMG
                Peat Marwick with respect to the activities of PHEAA during the
                calandar year ended December 31, 2002.



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                                                                    Page 3 of 19


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, 2002, 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, 2002, there were four (4) 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 8.         Financial Statements and Supplementary Data.

                Omitted.

Item 9.         Changes in and Disagreements with Accountants on Accounting and
                Financial Disclosure.

                None.

                                    PART III

Item 10.        Directors and Executive Officers of the Registrant.

                Omitted.



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                                                                    Page 4 of 19


Item 11         Executive Compensation.

                Omitted.

Item 12.        Security Ownership of Certain Beneficial Owners and Management.

                As of December 31, 2002, 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, 2002, the books of
                DTC indicate that the three (3) 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.

<TABLE>
<CAPTION>
                               Name and Address of                  Amount and Nature of               Percent of
Title of Class                 Beneficial Owner                     Beneficial Ownership               Class
------------------------------------------------------------------------------------------------------------------------
<S>                            <C>                                  <C>                                <C>

Floating Rate Asset
Backed Certificates            Boston Safe Deposit & Trust Co.      $  23,167,000. Principal amount    66.96
                               Attn:Melissa Terasoviech             of Certificates
                               Mellon Trust
                               Pittsburgh, PA 15259


                               Citibank, NA                         $  8,000,000. Principal amount     23.12
                               David A. Leslie                      of Certificates
                               3800 Citibank Center 83-15
                               Tampa FL 33610

                               Wells Fargo Bank Minnesota, NA       $  3,000,000. Principal amount     8.67
                               Issuer Services                      of Certificates
                               c/o ADP Proxy Services
                               51 Mercedes Way
                               Edgewood NY 11717
</TABLE>


Item 13.        Certain Relationships and Related Transactions.

                Omitted.

                                     PART IV

Item 14.        Exhibits, Financial Statement Schedules and Reports on Form 8-K.

                (a)(1) Financial Statements

                        Not Applicable.

                (a)(2) Financial Statement Schedules

                        Not Applicable.



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                                                                    Page 5 of 19


                (b) Reports on Form 8-K filed during the last quarter of 2002:

                    8-K dated December 27, 2002, reporting under Item 5 thereof,
                    the regularly quarterly distribution to the holders of the
                    Trust's Floating Rate Asset Backed Certificates and Floating
                    Rate Asset Backed Notes and the distribution of the
                    Certificateholder's Statement and Noteholder's Statement.

                (c) Exhibits. The following documents are filed as part of this
                    Annual Report on Form 10-K.

<TABLE>
<CAPTION>
EXHIBIT NUMBER                         DESCRIPTION
<S>             <C>

    99(a)       Servicer's Compliance Certificate from Pennsylvania Higher
                Education Assistance Agency (PHEAA).

    99(b)       Servicer's Compliance Certificate from EFS Services, Inc.

    99(c)       Administrator's Compliance Certificate.

    99(d)       Issuer's Compliance Certificate.

    99(e)       Independent Accountant's Report of KPMG Peat Marwick regarding
                PHEAA.

    99(f)       Independent Auditor's Report of Ernst & Young.
</TABLE>



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                                                                    Page 6 of 19


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 28, 2003
                                         KEYCORP STUDENT LOAN TRUST 1999-A

                                         BY: KEY BANK USA, NATIONAL ASSOCIATION,
                                         AS ADMINISTRATOR

                                         By:       /S/ DARLENE H. DIMITRIJEVS
                                           -------------------------------------

                                         Name:     Darlene H. Dimitrijevs
                                               ---------------------------------

                                         Title:    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 19


                        KEYCORP STUDENT LOAN TRUST 1999-A
                                  CERTIFICATION

I, Darlene H. Dimitrijevs, hereby certify that I am a Senior Vice President of
Key Bank USA, National Association, the Depositor and Administrator of KeyCorp
Student Loan Trust 1999-A and as such, I certify that:

    1.  I have reviewed this annual report on Form 10-K, and all reports on Form
        8-K containing distribution or servicing reports filed in respect of
        periods included in the year covered by this annual report, of KeyCorp
        Student Loan Trust 1999-A (the "Trust");

    2.  Based on my knowledge, the information in these reports, taken as a
        whole, 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 as of the last day of the period covered by this annual
        report;

    3.  Based on my knowledge, the distribution or servicing information
        required to be provided to the Eligible Lender Trustee and the Indenture
        Trustee by the Administrator under the related Sale and Servicing
        Agreement, or similar agreement, for inclusion in these reports is
        included in these reports;

    4.  I am responsible for reviewing the activities performed by the Servicers
        under the related Sale and Servicing Agreement, or similar agreement,
        and based upon my knowledge and the annual compliance review required
        under that agreement, and except as disclosed in the reports, the
        Servicers have fulfilled their obligations under that agreement; and

    5.  The reports disclose all significant deficiencies relating to the
        Servicers' compliance with the minimum servicing standards based upon
        the report(s) provided by an independent public accountant, after
        conducting a review in compliance with the Uniform Single Attestation
        Program for Mortgage Bankers or similar procedure, as set forth in the
        related Sale and Servicing Agreement, or similar agreement, that is
        included in these reports.

In giving the certification above, I have reasonably relied on information
provided to me by the following unaffiliated parties: Pennsylvania Higher
Education Assistance Agency, Great Lakes Educational Loan Services, Inc., Bank
One National Association, as Eligible Lender Trustee, and Deutsche Bank Trust
Company Americas (formerly known as Bankers Trust Company), as Indenture
Trustee.



Date: March 20, 2003                        /S/ DARLENE H. DIMITRIJEVS
                                            --------------------------
                                            Darlene H. Dimitrijevs
                                            Senior Vice President
                                            Key Bank USA, National Association


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                                                                    Page 8 of 19

                                INDEX OF EXHIBITS



<TABLE>
<CAPTION>
EXHIBIT NUMBER                      DESCRIPTION                                PAGE
<S>                <C>                                                       <C>

    99(a)           Servicer's Compliance Certificate from PHEAA                 9
                                                                                 -

    99(b)            Servicer's Compliance Certificate from EFS                 10
                                                                                --

    99(c)              Administrator's Compliance Certificate                   11
                                                                                --

    99(d)                 Issuer's Compliance Certificate                       12
                                                                                --

    99(e)           Independent Accountant's Report of KPMG Peat
                              Marwick regarding PHEAA                           13
                                                                                --

    99(f)                 Independent Auditor's Report of
                                   Ernst & Young                                19
                                                                                --
</TABLE>