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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549



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FORM 10-K



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|x | Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|- | ------------------------------------------------------------------------------------



For the fiscal year ended December 31, 2004



| ̈ | Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|- | ----------------------------------------------------------------------------------------



Commission File Number: 333-112232-01



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Collegiate Funding Services Education Loan Trust 2004-A

(Exact name of registrant as specified in its charter)



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|                                                               |  |                                     
|-------------------------------------------------------------- |  | ------------------------------------
|Delaware                                                       |  | 13-1812121                          
|(State or other jurisdiction of incorporation or organization) |  | (I.R.S. Employer Identification No.)



|                                                              |  |           
|------------------------------------------------------------- |  | ----------
|10304 Spotsylvania Avenue, Suite 100 Fredericksburg, Virginia |  | 22408     
|(Address of principal executive offices)                      |  | (Zip Code)



Registrants
telephone number, including area code: (540) 374-1600



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Securities registered pursuant to Section 12(b) of the Act: None



Securities registered pursuant to Section 12(g) of the Act: None



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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.    Yesx    No ̈



Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be
contained, to the best of registrants knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.  x



Not applicable.



Indicate by check mark whether the registrant is an accelerated filer (as defined in Exchange
Act Rule 12b-2).    Yes ̈No  x



State the aggregate market value of
the voting and non-voting common equity held by nonaffiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrants
most recently completed second fiscal quarter.



Not
applicable.



List hereunder the following documents if incorporated by
reference and the Part of the Form 10-K into which the document is incorporated: (1) Any annual report to security holders; (2) Any proxy or information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act
of 1933. The listed documents should be clearly described for identification purposes.



Not applicable.



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This Annual Report on Form 10-K (the Report) is filed with respect to Collegiate Funding Services Education
Loan Trust 2004-A (the Trust). Certain information on this Annual Report on Form 10-K is omitted pursuant to the Request for no-action letter forwarded to the Office of Chief Counsel Division of Corporate Finance, dated November 25,
1996, relating to Nellie Mae Education Funding, LLC, and the response of the SEC, dated December 20, 1996, to the no-action request (collectively, the No-Action Request).



PART I



Item 1. Business.



Omitted pursuant to the No-Action Request.



Item 2. Properties.



Reference is made to the Annual Statement attached hereto as Exhibit 99.1.



Item 3. Legal Proceedings.



The Registrant knows of no material pending legal proceedings.



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



None.



PART II



Item 5.
Market for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.



Each class of Notes is represented by one or more Notes registered in the name of Cede & Co., the nominee of The Depository Trust Company.



To the knowledge of the Registrant, there is no established public
trading market for the Notes.



Item 6. Selected Financial Data.



Omitted pursuant to the No-Action Request.



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Item 7. Managements Discussion and Analysis of Financial Condition and Results of Operation.



Omitted pursuant to the No-Action Request.



Item 7A. Quantitative and Qualitative Disclosures about Market Risk.



Not applicable.



Item 8. Financial Statements and Supplementary Data.



Omitted pursuant to the No-Action Request.



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



None.



Item 9A. Controls and Procedures.



Omitted.



Item 9B. Other Information.



None.



PART III



Item
10. Directors and Executive Officers of the Registrant.



Omitted pursuant to the No-Action Request.



Item 11. Executive
Compensation.



Omitted pursuant to the No-Action Request.



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Item 12. Security Ownership of Certain Beneficial Owners and Management and related Stockholder Matters.



Each class of Notes is represented by one or more Notes
registered in the name of Cede & Co., the nominee of The Depository Trust Company (DTC), and an investor holding an interest in the Trust is not entitled to receive a note representing such interest except in certain limited
circumstances. Accordingly, Cede & Co. is the sole holder of record of Notes, which it held on behalf of brokers, dealers, banks and other direct participants in the DTC system at December 31, 2004. Such direct participants may hold Notes for
their own accounts or for the accounts of their customers. At December 31, 2004, the following direct DTC participants held positions in the Notes representing interests in the Trust equal to or exceeding 5% of the total principal amount of each
class of Notes on that date:



|              |  |                                                                                                                             |  |          |                                                                    |            |                                  |        
|------------- |  | --------------------------------------------------------------------------------------------------------------------------- |  | -------- | ------------------------------------------------------------------ | ---------- | -------------------------------- | -------
|Series 2004-A |  |                                                                                                                             |  |          |                                                                    |           
|              |  |                                                                                                                             | 
|Class         |  | Participant                                                                                                                 |  | Quantity |                                                                    | Percentage |                                 
|A-1           |  | BGI/IBT Co. JPMorgan Chase Bank,
N.A. Citibank Mellon Trust Company JPM/CCS2                                                |  | $$$$$    | 50,000,000100,000,00024,000,00055,000,00018,000,000                |            | 20.0840.169.6422.097.23          | %%%%%  
|              |  |                                                                                                                             | 
|A-2           |  | The Bank of New York JPMorgan Chase Bank,
N.A. Bank One Trust Citibank                                                      |  | $$$$     | 174,000,00042,000,00076,000,00058,000,000                          |            | 49.7212.0021.7116.57             | %%%%   
|              |  |                                                                                                                             | 
|A-3           |  | The Bank of New York JPMorgan Chase Bank,
N.A.                                                                              |  | $$       | 172,000,00032,000,000                                              |            | 83.0915.46                       | %%     
|              |  |                                                                                                                             | 
|A-4           |  | Brown Brothers Harriman & Co. Citibank                                                                                      |  | $$       | 73,000,00067,000,000                                               |            | 52.1447.86                       | %%     
|              |  |                                                                                                                             | 
|A-5           |  | JPMorgan Chase Bank, N.A. UBS Securities
LLC Mellon Trust Company UBS Financial Services
Inc.                               |  | $$$$     | 9,150,00012,250,0003,250,00031,200,000                             |            | 16.3821.935.8255.87              | %%%%   
|              |  |                                                                                                                             | 
|A-6           |  | Mellon Trust Company Citigroup JPMorgan Chase Bank, N.A.                                                                    |  | $$$      | 20,000,0005,300,00029,550,000                                      |            | 35.819.4952.91                   | %%%    
|              |  |                                                                                                                             | 
|B             |  | JP Morgan State Street Bank and Trust Company,
N.A. BNY/Suntrust Pershing LLC Suntrust Bank HSBCBK/IPB Scott & Stringfellow |  | $$$$$$$  | 6,000,0002,800,00010,000,00014,000,0003,000,00015,000,0004,700,000 |            | 10.775.0317.9525.135.3926.938.44 | %%%%%%%



Item 13. Certain Relationships
and Related Transactions.



(a) None.



(b) Omitted pursuant to the No-Action Request.



(c) Omitted pursuant to the No-Action Request.



Item 14. Principal Accountant Fees and Services.



Omitted.







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Item 15. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.



(a) The following are filed as part of this report:



31.1 Certification pursuant to Section 302(a) of the Sarbanes-Oxley Act of
2002.



99.1 Annual statement for Collegiate Funding Services
Education Loan Trust 2004-A, for the period ending December 31, 2004.



99.2 Annual Servicers Certificate, dated February 24, 2005.



99.3 Independent Accountants Report, dated January 21, 2005, issued by Horne LLP in respect of servicing by CFS-SunTech Servicing LLC.



(b) The following Current Reports on Form 8-K were filed by the Registrant during 2004 and through the date hereof:



May 12, 2004

June 15, 2004

July 15, 2004

August 12, 2004

September 15, 2004

October 15, 2004

November
12, 2004

December 14, 2004

January 14, 2005



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SIGNATURES



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 by
the undersigned, thereunto duly authorized:



|                        |  |  |  |     |  |                                        |  |                                                        
|----------------------- |  |  |  | --- |  | -------------------------------------- |  | -------------------------------------------------------
|                        |  |  |  |     |  | Collegiate Funding of Delaware, L.L.C.
|                        |  |  | 
|Date:    March 31, 2005 |  |  |  | By: |  | /s/ Kevin A. Landgraver               
|                        |  |  |  |     |  |                                        |  | Kevin A. Landgraver Chief Financial Officer & Treasurer



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INDEX TO EXHIBITS



|               |  |                                                                                                                                   
|-------------- |  | ----------------------------------------------------------------------------------------------------------------------------------
|Exhibit Number |  | Exhibit                                                                                                                           
|               | 
|31.1.          |  | Certification pursuant to Section 302(a) of the Sarbanes-Oxley Act of 2002.                                                       
|               | 
|99.1.          |  | Annual statement for Collegiate Funding Services Education Loan Trust 2004-A, for the period ending December 31, 2004.            
|               | 
|99.2.          |  | Annual Servicers Certificate, dated February 24, 2005.                                                                           
|               | 
|99.3.          |  | Independent Accountants Report, dated January 21, 2005, issued by Horne LLP in respect of servicing by CFS-SunTech Servicing LLC.