| x      | ANNUAL      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934     |   |
|--------|----------------------------------------------------------------------------------------------------|--------|
|   |                                                                                               |   |
|   | For      the fiscal year ended December 31, 2008                                                   |   |
|   |                                                                                               |   |
|   | OR                                                                                                 |   |
|   |                                                                                               |   |
|  ̈ | TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |   |
|   |                                                                                               |   |
|   | For      the transition period from ___ to ___                                                     |   |

|                                                                                                      |   |                                                            |
|-----------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------|
| Delaware(State      or other jurisdiction ofincorporation      or organization of theissuing      entity) |   | 04-3598719(I.R.S.      Employer Identification No. ofdepositor) |

|                                                                                                                   |   |                       |
|------------------------------------------------------------------------------------------------------------------------|--------|----------------------------|
| 750      Washington Blvd.Stamford,      Connecticut(Address      of principal executive officesof      issuing entity) |   |  06901(Zip      Code) |

|                                                                   |
|------------------------------------------------------------------------|
| Securities      Registered Pursuant to Section 12(b) of the Act: None  |
|                                                                   |   |   |
| Securities      Registered Pursuant to Section 12(g) of the Act:  None |

| Yes  o | No  x |
|------------------|-----------------|

| Yes  o | No  x |
|------------------|-----------------|

| Yes  x | No  o |
|------------------|-----------------|

| Large      Accelerated Filer     o            | Accelerated      Filer                       o |
|------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------|
| Non-accelerated      Filer        x | Small      reporting Company    o                                                                                    |

| Yes  o | No  x |
|------------------|-----------------|

|   | Item      1.                      Business |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Item      1A.                   Risk      Factors |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Item      2.                      Properties |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Item      3.                      Legal      Proceedings |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Item      4.                      Submission of Matters      to a Vote of SecurityHolders |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Item      1B. | Unresolved Staff      Comments |
|---------------|--------------------------------|

| Item 1112(b) of      Regulation AB - Significant obligors of pool  assets |
|---------------------------------------------------------------------------|

|  No      single obligor represents more than 10% of the pool assets held by the      issuing entity. |
|-----------------------------------------------------------------------------------------------------------|

| Item 1115(b) of      Regulation AB - Certain derivative  instruments |
|----------------------------------------------------------------------|

| Item      5. | Market for      Registrant’s Common Equity and Related Stockholder      Matters |
|--------------|---------------------------------------------------------------------------------------|

| Item      6. | Selected Financial      Data |
|--------------|------------------------------|

| Item      7. | Management’s      Discussion and Analysis of Financial Condition and Results of      Operations |
|--------------|-------------------------------------------------------------------------------------------------------|

| Item      7A.   | Quantitative and      Qualitative Disclosures About MarketRisk |
|---------------------------|----------------------------------------------------------------|

| Item      8. | Financial Statements      and Supplementary Data |
|--------------|--------------------------------------------------|

| Item      9. | Changes in and      Disagreements With Accountants on Accounting and Financial      Disclosure |
|--------------|------------------------------------------------------------------------------------------------|

| Item      9A. | Controls and      Procedures |
|---------------|------------------------------|

| Item      9A(T). | Controls and      Procedures |
|------------------|------------------------------|

| Not      applicable |
|---------------------|

| Item      9B. | Other      Information |
|---------------|------------------------|

| Item      10. | Directors, Executive      Officers and CorporateGovernance |
|---------------|------------------------------------------------------------|

| Item      11. | Executive      Compensation |
|---------------|-----------------------------|

| Item      12. | Security Ownership of      Certain Beneficial Owners and Management and Related Stockholder      Mattters |
|---------------|-----------------------------------------------------------------------------------------------------------|

| Item      13. | Certain Relationships      and Related Transactions, and Director  Independence |
|---------------|---------------------------------------------------------------------------------|

| Item      14. | Principal Accounting      Fees and Services |
|---------------|---------------------------------------------|

| Item      15. | Exhibits and Financial      Statement Schedules |
|---------------|-------------------------------------------------|

| Exhibit      4.1  | Indenture, dated as      of      June 26, 2008, among SLC Student Loan Trust 2008-2 (the “Trust”),      Citibank, N.A., as eligible lender trustee (in such capacity,      the  “Eligible Lender Trustee”) and as indenture administrator,      and U.S. Bank National Association, as indenture trustee (the “Indenture      Trustee”), incorporated by reference from Exhibit 4.1 of the registrant’s      Current Report on Form 8-K filed July 2, 2008 (File No.      333-141134-04)  |
|------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |

| Exhibit      4.3   | Amended      and Restated Trust Agreement, dated as of  June 26,      2008, between SLC Student Loan Receivables I, Inc. (the      “Depositor”) and Wilmington Trust Company, as owner trustee, incorporated      by reference from Exhibit 4.3 of the registrant’s Current Report on Form      8-K filed July 2, 2008 (File No. 333-141134-04)  |
|------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                         |                                                                                                                                                                                                                                                                                                                                                                              |

| Exhibit      4.4   | Eligible      Lender Trust Agreement, dated as of June 26, 2008, between the Depositor      and the Eligible Lender Trustee, incorporated by reference from Exhibit      4.4 of the registrant’s Current Report on Form 8-K filed July 2, 2008      (File No. 333-141134-04)   |
|------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                         |                                                                                                                                                                                                                                                                                                |
| Exhibit      4.5        |  Eligible      Lender Trust Agreement, dated as of June 26, 2008, between the Trust and      the Eligible Lender Trustee, incorporated by reference from Exhibit 4.5 of      the registrant’s Current Report on Form 8-K filed July 2, 2008 (File No.      333-141134-04)           |
|                         |                                                                                                                                                                                                                                                                                                |
| Exhibit      10              |  Incorporated      by reference as Exhibit 4                                                                                                                                                                                                                                                   |
|                         |                                                                                                                                                                                                                                                                                                |
| Exhibit      31*             |  Certification      Pursuant to Section 302(a) of the Sarbanes-Oxley Act of 2002                                                                                                                                                                                                               |
|                         |                                                                                                                                                                                                                                                                                                |

| Exhibit      33.1* | Management      Assessment of Compliance with Applicable Servicing Criteria, dated March      18, 2009, of The Student Loan Corporation, as Servicer and      Administrator |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      33.2* | Management      Assessment of Compliance with Applicable Servicing Criteria, dated March      18, 2009, of Citibank (South Dakota), National Association, as Custodian      and Subservicer |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      33.3* | Management      Assessment of Compliance with Applicable Servicing Criteria, dated      February 20, 2009, of CitiMortgage, Inc., as    Subadministrator |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      33.4* | Management      Assessment of Compliance with Applicable Servicing Criteria, dated February 27,      2009, of Citibank, N.A., as Indenture      Administrator |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      34.1* | Report      of Independent Registered Public Accounting Firm, dated March 18, 2009, of      KPMG LLP, relating to Exhibit33.1 |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      34.2* | Report      of Independent Registered Public Accounting Firm, dated March 18, 2009, of      KPMG LLP, relating to Exhibit33.2 |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      34.3* | Report      of Independent Registered Public Accounting Firm, dated February 20, 2009,      of KPMG LLP, relating to Exhibit33.3 |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      34.4* | Report      of Independent Registered Public Accounting Firm, dated February 27, 2009,      of KPMG LLP, relating to Exhibit33.4 |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      35.1* | Servicer      Compliance Statement, dated March 18, 2009, of The Student Loan      Corporation, as Servicer |
|--------------------|-------------------------------------------------------------------------------------------------------------|

| Exhibit      35.2* | Servicer      Compliance Statement, dated March 18, 2009, of Citibank (South Dakota),      National Association, as Subservicer |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------|
|               |                                                                                                                            |

|  Exhibit      99.1 | Master      Terms Purchase Agreement, dated as of June 26, 2008, between The Student      Loan Corporation, as seller, the Depositor, as purchaser, and the Eligible      Lender Trustee on behalf of the Student Loan Corporation and the      Depositor, incorporated by reference from Exhibit 99.1 of the registrant’s      Current Report on Form 8-K filed July 2, 2008 (File No.      333-141134-04) |
|-------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                         |                                                                                                                                                                                                                                                                                                                                                                                                                        |
|  Exhibit      99.2 | Master      Terms Sale Agreement, dated as of June 26, 2008, between the Depositor, as      seller, the Trust, as purchaser, and the Eligible Lender Trustee on behalf      of the Depositor and the Trust, incorporated by reference from Exhibit      99.2 of the registrant’s Current Report on Form 8-K filed July 2, 2008      (File No. 333-141134-04)                                                          |
|                    |                                                                                                                                                                                                                                                                                                                                                                                                                        |
|  Exhibit      99.3 | Servicing      Agreement, dated as of June 26, 2008, between the Trust and The Student      Loan Corporation, as servicer (in such capacity, the “Servicer”),      incorporated by reference from Exhibit 99.3 of the registrant’s Current      Report on Form 8-K filed July 2, 2008 (File No.    333-141134-04)                                                                                         |
|                         |                                                                                                                                                                                                                                                                                                                                                                                                                        |
|  Exhibit      99.4 | Subservicing      Agreement, dated as of June 26, 2008, between the Servicer and Citibank      (South Dakota), National Association, incorporated by reference from      Exhibit 99.4 of the registrant’s Current Report on Form 8-K filed July 2,      2008 (File No. 333-141134-04)                                                                                                                                 |
|                    |                                                                                                                                                                                                                                                                                                                                                                                                                        |
|  Exhibit      99.5 | Administration      Agreement, dated as of June 26, 2008, between the Trust and The Student      Loan Corporation, as administrator (in such capacity, the      “Administrator”), incorporated by reference from Exhibit 99.5 of the      registrant’s Current Report on Form 8-K filed July 2, 2008 (File No.      333-141134-04)                                                                        |
|                         |                                                                                                                                                                                                                                                                                                                                                                                                                        |
|  Exhibit      99.6 | Sub-Administration      Agreement, dated as of June 26, 2008, between the Administrator and      CitiMortgage, Inc, incorporated by reference from Exhibit 99.6 of the      registrant’s Current Report on Form 8-K filed July 2, 2008 (File No.      333-141134-04)                                                                                                                                                  |
|                         |                                                                                                                                                                                                                                                                                                                                                                                                                        |
|  Exhibit      99.7 | Custody      Agreement, dated as of June 26, 2008, among the Trust, the Eligible Lender      Trustee, the Indenture Trustee and Citibank (South Dakota), National      Association, as custodian, incorporated by reference from Exhibit 99.7 of      the registrant’s Current Report on Form 8-K filed July 2, 2008 (File No.      333-141134-04)                                                                    |

| By:    | /s/ Scot      H. Parnell             |
|--------|-------------------------------------------|
|   | Name:       Scot H. Parnell          |
|   | Title:       Chief Financial Officer |
|   |                                      |

| Exhibit      4.1  | Indenture, dated as      of      June 26, 2008, among SLC Student Loan Trust 2008-2 (the “Trust”),      Citibank, N.A., as eligible lender trustee (in such capacity,      the  “Eligible Lender Trustee”) and as indenture administrator,      and U.S. Bank National Association, as indenture trustee (the “Indenture      Trustee”), incorporated by reference from Exhibit 4.1 of the registrant’s      Current Report on Form 8-K filed July 2, 2008 (File No.      333-141134-04)  |
|------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |

| Exhibit      4.3   | Amended      and Restated Trust Agreement, dated as of  June 26,      2008, between SLC Student Loan Receivables I, Inc. (the      “Depositor”) and Wilmington Trust Company, as owner trustee, incorporated      by reference from Exhibit 4.3 of the registrant’s Current Report on Form      8-K filed July 2, 2008 (File No. 333-141134-04)  |
|------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                         |                                                                                                                                                                                                                                                                                                                                                                              |

| Exhibit      4.4   | Eligible      Lender Trust Agreement, dated as of June 26, 2008, between the Depositor      and the Eligible Lender Trustee, incorporated by reference from Exhibit      4.4 of the registrant’s Current Report on Form 8-K filed July 2, 2008      (File No. 333-141134-04)   |
|------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                         |                                                                                                                                                                                                                                                                                                |
| Exhibit      4.5        | Eligible      Lender Trust Agreement, dated as of June 26, 2008, between the Trust and      the Eligible Lender Trustee, incorporated by reference from Exhibit 4.5 of      the registrant’s Current Report on Form 8-K filed July 2, 2008 (File No.      333-141134-04)                 |
|                         |                                                                                                                                                                                                                                                                                                |
| Exhibit      10              |  Incorporated      by reference as Exhibit 4                                                                                                                                                                                                                                                   |
|                         |                                                                                                                                                                                                                                                                                                |
| Exhibit      31*             |  Certification      Pursuant to Section 302(a) of the Sarbanes-Oxley Act of 2002                                                                                                                                                                                                               |
|                         |                                                                                                                                                                                                                                                                                                |

| Exhibit      33.1* | Management      Assessment of Compliance with Applicable Servicing Criteria, dated March      18, 2009, of The Student Loan Corporation, as Servicer and      Administrator |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      33.2* | Management      Assessment of Compliance with Applicable Servicing Criteria, dated March      18, 2009, of Citibank (South Dakota), National Association, as Custodian      and Subservicer |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      33.3* | Management      Assessment of Compliance with Applicable Servicing Criteria, dated      February 20, 2009, of CitiMortgage, Inc., as    Subadministrator |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      33.4* | Management      Assessment of Compliance with Applicable Servicing Criteria, dated February 27,      2009, of Citibank, N.A., as Indenture      Administrator |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      34.1* | Report      of Independent Registered Public Accounting Firm, dated March 18, 2009, of      KPMG LLP, relating to Exhibit33.1 |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      34.2* | Report      of Independent Registered Public Accounting Firm, dated March 18, 2009, of      KPMG LLP, relating to Exhibit33.2 |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      34.3* | Report      of Independent Registered Public Accounting Firm, dated February 20, 2009,      of KPMG LLP, relating to Exhibit33.3 |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      34.4* | Report      of Independent Registered Public Accounting Firm, dated February 27, 2009,      of KPMG LLP, relating to Exhibit33.4 |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------|

| Exhibit      35.1* | Servicer      Compliance Statement, dated March 18, 2009, of The Student Loan      Corporation, as Servicer |
|--------------------|-------------------------------------------------------------------------------------------------------------|

| Exhibit      35.2* | Servicer      Compliance Statement, dated March 18, 2009, of Citibank (South Dakota),      National Association, as Subservicer |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------|
|               |                                                                                                                            |

| Exhibit      99.1 | Master      Terms Purchase Agreement, dated as of June 26, 2008, between The Student      Loan Corporation, as seller, the Depositor, as purchaser, and the Eligible      Lender Trustee on behalf of the Student Loan Corporation and the      Depositor, incorporated by reference from Exhibit 99.1 of the registrant’s      Current Report on Form 8-K filed July 2, 2008 (File No.      333-141134-04) |
|-------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                   |                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit      99.2 | Master      Terms Sale Agreement, dated as of June 26, 2008, between the Depositor, as      seller, the Trust, as purchaser, and the Eligible Lender Trustee on behalf      of the Depositor and the Trust, incorporated by reference from Exhibit      99.2 of the registrant’s Current Report on Form 8-K filed July 2, 2008      (File No. 333-141134-04)                                                |
|              |                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit      99.3 | Servicing      Agreement, dated as of June 26, 2008, between the Trust and The Student      Loan Corporation, as servicer (in such capacity, the “Servicer”),      incorporated by reference from Exhibit 99.3 of the registrant’s Current      Report on Form 8-K filed July 2, 2008 (File No.    333-141134-04)                                                                               |
|                   |                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit      99.4 | Subservicing      Agreement, dated as of June 26, 2008, between the Servicer and Citibank      (South Dakota), National Association, incorporated by reference from      Exhibit 99.4 of the registrant’s Current Report on Form 8-K filed July 2,      2008 (File No. 333-141134-04)                                                                                                                       |
|              |                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit      99.5 | Administration      Agreement, dated as of June 26, 2008, between the Trust and The Student      Loan Corporation, as administrator (in such capacity, the      “Administrator”), incorporated by reference from Exhibit 99.5 of the      registrant’s Current Report on Form 8-K filed July 2, 2008 (File No.      333-141134-04)                                                              |
|                   |                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit      99.6 | Sub-Administration      Agreement, dated as of June 26, 2008, between the Administrator and      CitiMortgage, Inc, incorporated by reference from Exhibit 99.6 of the      registrant’s Current Report on Form 8-K filed July 2, 2008 (File No.      333-141134-04)                                                                                                                                        |
|                   |                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit      99.7 | Custody      Agreement, dated as of June 26, 2008, among the Trust, the Eligible Lender      Trustee, the Indenture Trustee and Citibank (South Dakota), National      Association, as custodian, incorporated by reference from Exhibit 99.7 of      the registrant’s Current Report on Form 8-K filed July 2, 2008 (File No.      333-141134-04)                                                          |

|   | *      Filed herewith |
|--------|-----------------------|