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<title>Prepared By R.R. Donnelley Financial -- Form 8-K</title>
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<b>UNITED STATES </b></font></div>

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<b>SECURITIES AND EXCHANGE COMMISSION </b></font></div>

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<b>Washington, D.C. 20549 </b></font></div>

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<b>Form 8-K </b></font></div> <div><font Size="1">&nbsp;</font></div>

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<b>Current Report </b></font></div>

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<b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 </b></font></div>

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<b>Date of Report (Date of earliest event reported):&nbsp;&nbsp;03/31/2006 </b></font></div>




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<b>VARSITY GROUP INC </b></font></div>

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<b>(Exact name of registrant as specified in its charter)</b></font></div>

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<b>Commission File Number:&nbsp;&nbsp;000-28977</b></font></div>

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<b>(State or other jurisdiction of</b></font>
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<div Align="center"><font Face="times New Roman" Size="2" Color="#000000"><b>(IRS Employer</b></font>
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<b>incorporation)</b></font>
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<b>Identification No.)</b></font>
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<b>1850 M Street NW, Washington, DC 20036</b></font></div>


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<b>(Address of principal executive offices, including zip code)</b></font>
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<b>202.349.1242 </b></font>
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<b>(Registrant&#146;s telephone number, including area code)</b></font>
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<b> </b></font>
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<b>(Former name or former address, if changed since last report) </b></font>
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<b>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:<BR><BR>
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<b>[&nbsp;&nbsp;]&nbsp;&nbsp;
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR><BR>

[&nbsp;&nbsp;]&nbsp;&nbsp;
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR><BR>


[&nbsp;&nbsp;]&nbsp;&nbsp;
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR><BR>


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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Information to be included in the report</b>
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<b>Item 1.01.&nbsp;&nbsp;&nbsp;&nbsp;Entry into a Material Definitive Agreement</b></font>
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On March 31, 2006, Varsity Group Inc. ("The Company") entered into a four year lease agreement for a 16,000 square foot headquarters facility at 1300 19th Street, Washington, DC.  This lease replaces the lease for the Company's existing headquarters facility at 1850 M Street, Washington, DC, which expires in May 2006.<p>The Company's cash obligation over the four year lease term is approximately $2.5 million.</font>
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<b>Signature(s) </b></font>
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized. </font>
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	VARSITY GROUP INC</font>
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	Date: April 05, 2006</font>
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	By:</font>
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	/s/&nbsp;&nbsp;&nbsp;&nbsp;Jack M Benson</font>
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	Jack M Benson</font>
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	<div><font Face="times New Roman" Size="2" Color="#000000">CFO</font>
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{"company-data": {"conformed-name": "VARSITY GROUP INC", "cik": "0001069502", "assigned-sic": "5961", "irs-number": "541876848", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-28977", "film-number": "06742886"}, "business-address": {"street1": "1850 M STREET NW", "street2": "SUITE 1150", "city": "WASHINGTON", "state": "DC", "zip": "20036"}, "mail-address": {"street1": "1850 M STREET NW", "street2": "SUITE 1150", "city": "WASHINGTON", "state": "DC", "zip": "20036"}, "former-company": {"former-conformed-name": "VARSITYBOOKS COM INC", "date-changed": "19990921"}}
Prepared By R.R. Donnelley Financial -- Form 8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):  03/31/2006
VARSITY GROUP INC
(Exact name of registrant as specified in its charter)
Commission File Number:  000-28977
DE
54-1876848
(State or other jurisdiction of
(IRS Employer
incorporation)
Identification No.)
1850 M Street NW, Washington, DC 20036
(Address of principal executive offices, including zip code)
202.349.1242
(Registrant's telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[  ]  
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Information to be included in the report
Item 1.01.    Entry into a Material Definitive Agreement
On March 31, 2006, Varsity Group Inc. ("The Company") entered into a four year lease agreement for a 16,000 square foot headquarters facility at 1300 19th Street, Washington, DC.  This lease replaces the lease for the Company's existing headquarters facility at 1850 M Street, Washington, DC, which expires in May 2006.
The Company's cash obligation over the four year lease term is approximately $2.5 million.
Signature(s)
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
VARSITY GROUP INC
Date: April 05, 2006
By:
/s/    Jack M Benson
Jack M Benson
CFO