On May 2, 2012, The First Marblehead Corporation (the "Corporation") announced its financial and operating results for the third quarter of fiscal 2012 and the nine month period ended March 31, 2012. The full text of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this current report on Form 8-K.

The information contained in Item 2.02 in this current report on Form 8-K, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

(b) Director Resignations

Ann Berry resigned her position as a director of the Corporation, effective April 30, 2012.

(d) Exhibits

See Exhibit Index attached hereto. The following exhibit relating to Item 2.02 shall be deemed to be furnished, and not filed:

Exhibit
  No.        Description of Exhibits

99.1         Press release issued by the Corporation on May 2, 2012
             entitled, "First Marblehead Announces Third Quarter Financial Results"