On October 3, 2012, The First Marblehead Corporation, a Delaware corporation, issued a press release announcing the signing by its wholly owned subsidiary First Marblehead Education Loan Services LLC, a Delaware limited liability company ("FMELS"), of an agreement under which Cology, Inc., an Arizona corporation ("Cology"), and certain affiliates of Cology (together with Cology, the "Sellers") have agreed to sell a substantial portion of their assets to FMELS for cash plus the assumption of certain liabilities of the Sellers. The closing of the transaction is subject to customary closing conditions. A copy of the press release is attached to this current report as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01.           Financial Statements and Exhibits.

(d) Exhibits

 Exhibit No.       Description of Exhibit
                  Press release issued by the Corporation on October 3, 2012 entitled,
99.1              "First Marblehead to Acquire Operating Assets of Private Student
                  Loan Originator Cology, Inc."