| x      | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934     |   |
|--------|------------------------------------------------------------------------------------------|--------|
|   |                                                                                     |   |
|   | For the fiscal year ended December 31, 2009                                              |   |
|   |                                                                                     |   |
|   | 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. of depositor) |

|                                                                                               |   |                  |
|----------------------------------------------------------------------------------------------------|--------|-----------------------|
| 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 |
|------------------|-----------------|

| 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 Security Holders |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 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 Market Risk |
|----------|------------------------------------------------------------|

| 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 Corporate Governance |
|----------|--------------------------------------------------------|

| 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 December 22, 2009, among SLC Student Loan Trust 2009-3 (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 December 22, 2009 (File No. 333-141134-07)  |
|-------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit 4.3   | Amended and Restated Trust Agreement, dated as of  December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07)  |
|-------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit 4.4   | Eligible Lender Trust Agreement, dated as of December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07)  |
|-------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                    |                                                                                                                                                                                                                                                                               |
| Exhibit 4.5        |  Eligible Lender Trust Agreement, dated as of December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07)     |
|                    |                                                                                                                                                                                                                                                                               |
| 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, 2010, of The Student Loan Corporation, as Servicer and Administrator |
|---------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit 33.2* | Management Assessment of Compliance with Applicable Servicing Criteria, dated March 18, 2010, of Citibank (South Dakota), National Association, as Custodian and Subservicer |
|---------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit 33.3* | Management Assessment of Compliance with Applicable Servicing Criteria, dated February 26, 2010, of Citibank, N.A., as Indenture Administrator |
|---------------|------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit 34.1* | Report of Independent Registered Public Accounting Firm, dated March 18, 2010, of KPMG LLP, relating to Exhibit 33.1 |
|---------------|----------------------------------------------------------------------------------------------------------------------|

| Exhibit 34.2* | Report of Independent Registered Public Accounting Firm, dated March 18, 2010, of KPMG LLP, relating to Exhibit 33.2 |
|---------------|----------------------------------------------------------------------------------------------------------------------|

| Exhibit 34.3* | Report of Independent Registered Public Accounting Firm, dated February 26, 2010, of KPMG LLP, relating to Exhibit 33.4 |
|---------------|-------------------------------------------------------------------------------------------------------------------------|

| Exhibit 35.1* | Servicer Compliance Statement, dated March 18, 2010, of The Student Loan Corporation, as Servicer |
|---------------|---------------------------------------------------------------------------------------------------|

| Exhibit 35.2* | Servicer Compliance Statement, dated March 18, 2010, of Citibank (South Dakota), National Association, as Subservicer |
|---------------|-----------------------------------------------------------------------------------------------------------------------|

| Exhibit 99.1 | Master Terms Purchase Agreement, dated as of December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07) |
|--------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|         |                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit 99.2 | Master Terms Sale Agreement, dated as of December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07)                                                     |
|         |                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit 99.3 | Servicing Agreement, dated as of December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07)                                                                                  |
|         |                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit 99.4 | Subservicing Agreement, dated as of December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07)                                                                                                                       |
|         |                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit 99.5 | Administration Agreement, dated as of December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07)                                                                   |
|         |                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit 99.6 | Custody Agreement, dated as of December 22, 2009, among the Trust, the Eligible Lender Trustee, the Indenture Trustee and Citibank (South Dakota), National Association, as custodian, incorporated by reference from Exhibit 99.6 of the registrant’s Current Report on Form 8-K filed December 22, 2009 (File No. 333-141134-07)                                                               |
|         |                                                                                                                                                                                                                                                                                                                                                                                                   |
|         |                                                                                                                                                                                                                                                                                                                                                                                                   |

|     Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, SLC Student Loan Receivables I, Inc., acting as Depositor and on behalf of the referenced trust has caused this report to be signed on its behalf by the undersigned duly authorized person. |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                       | SLC Student Loan Receivables I, Inc. |                                      |
|----------------------------|--------------------------------------|-------------------------------------------|
|                       |                                 |                                      |   |
| Date:  March 18, 2010 | By:                                  | /s/  Joseph P. Guage                 |   |
|                       |                                 |    Joseph P. Guage         |   |
|                       |                                 |    Chief Financial Officer |   |
|                       |                                 |                                      |   |

| Exhibit No. | Description |
|-------------|-------------|

| Exhibit 4.1  | Indenture, dated as of December 22, 2009, among SLC Student Loan Trust 2009-3 (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 December 22, 2009 (File No. 333-141134-07)  |
|-------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit 4.3   | Amended and Restated Trust Agreement, dated as of  December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07)  |
|-------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit 4.4   | Eligible Lender Trust Agreement, dated as of December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07)  |
|-------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                    |                                                                                                                                                                                                                                                                               |
| Exhibit 4.5        |  Eligible Lender Trust Agreement, dated as of December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07)     |
|                    |                                                                                                                                                                                                                                                                               |
| 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, 2010, of The Student Loan Corporation, as Servicer and Administrator |
|---------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit 33.2* | Management Assessment of Compliance with Applicable Servicing Criteria, dated March 18, 2010, of Citibank (South Dakota), National Association, as Custodian and Subservicer |
|---------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit 33.3* | Management Assessment of Compliance with Applicable Servicing Criteria, dated February 26, 2010, of Citibank, N.A., as Indenture Administrator |
|---------------|------------------------------------------------------------------------------------------------------------------------------------------------|

| Exhibit 34.1* | Report of Independent Registered Public Accounting Firm, dated March 18, 2010, of KPMG LLP, relating to Exhibit 33.1 |
|---------------|----------------------------------------------------------------------------------------------------------------------|

| Exhibit 34.2* | Report of Independent Registered Public Accounting Firm, dated March 18, 2010, of KPMG LLP, relating to Exhibit 33.2 |
|---------------|----------------------------------------------------------------------------------------------------------------------|

| Exhibit 34.3* | Report of Independent Registered Public Accounting Firm, dated February 26, 2010, of KPMG LLP, relating to Exhibit 33.4 |
|---------------|-------------------------------------------------------------------------------------------------------------------------|

| Exhibit 35.1* | Servicer Compliance Statement, dated March 18, 2010, of The Student Loan Corporation, as Servicer |
|---------------|---------------------------------------------------------------------------------------------------|

| Exhibit 35.2* | Servicer Compliance Statement, dated March 18, 2010, of Citibank (South Dakota), National Association, as Subservicer |
|---------------|-----------------------------------------------------------------------------------------------------------------------|

| Exhibit 99.1 | Master Terms Purchase Agreement, dated as of December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07) |
|--------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|         |                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit 99.2 | Master Terms Sale Agreement, dated as of December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07)                                                     |
|         |                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit 99.3 | Servicing Agreement, dated as of December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07)                                                                                  |
|         |                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit 99.4 | Subservicing Agreement, dated as of December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07)                                                                                                                       |
|         |                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit 99.5 | Administration Agreement, dated as of December 22, 2009, 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 December 22, 2009 (File No. 333-141134-07)                                                                   |
|         |                                                                                                                                                                                                                                                                                                                                                                                                   |
| Exhibit 99.6 | Custody Agreement, dated as of December 22, 2009, among the Trust, the Eligible Lender Trustee, the Indenture Trustee and Citibank (South Dakota), National Association, as custodian, incorporated by reference from Exhibit 99.6 of the registrant’s Current Report on Form 8-K filed December 22, 2009 (File No. 333-141134-07)                                                               |
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