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  <TITLE> Collegiate Funding Services, Inc. (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	February 28, 2006
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  	Collegiate Funding Services, Inc.
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	000-50846
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  	04-3649118
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	10304 Spotsylvania Avenue, Suite 100, Fredericksburg, Virginia
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  	22408
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	&nbsp;
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  	(540) 374-1600
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  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:</FONT>
  </P>
  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<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>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  <B>
  	Item 8.01 Other Events.
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  On February 28, 2006, Collegiate Funding Services, Inc. (the "Company") announced that the stockholders of the Company voted to adopt the Agreement and Plan of Merger, dated December 14, 2005, among JPMorgan Chase Bank, National Association, Cannon Acquisition Corporation and the Company (the "Merger Agreement") at a special meeting of the stockholders.  The Merger Agreement was adopted by the affirmative vote of both (i) the holders of a majority of the Company&#x2019;s outstanding common stock entitled to vote thereon and (ii) the holders of a majority of the shares of the Company&#x2019;s outstanding common stock present in person or by proxy at the special meeting and voting thereon (or abstaining) other than shares beneficially owned by The Lightyear Fund, L.P. or Lightyear Co-Invest Partnership, L.P. or by the executive officers of the Company.  <br><br>A copy of the press release issued by the Company on February 28, 2006 announcing the adoption of the Merger Agreement at the special meeting of the stockholders is attached hereto as Exhibit 99.1 and is incorporated herein by reference.  <br>
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  	Item 9.01 Financial Statements and Exhibits.
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  (c) 	Exhibits<br><br>Exhibit No. 	Exhibit Description<br>99.1	Press Release, dated February 28, 2006, of Collegiate Funding Services, Inc.<br>
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  	SIGNATURES
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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.
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  	Collegiate Funding Services, Inc.
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  	&nbsp;&nbsp;
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  <I>
  	February 28, 2006
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  	&nbsp;
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  <I>
  	By:
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  	&nbsp;
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  <I>
  	/s/ Kevin A. Landgraver
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  	&nbsp;
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  <I>
  	Name: Kevin A. Landgraver
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  	&nbsp;
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  <I>
  	Title: Chief Financial Officer and Executive Vice President
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	&nbsp;
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  	Description
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  	99.1
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  	&nbsp;
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  Press Release, dated February 28, 2006, of Collegiate Funding Services, Inc.
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_10588.htm", "description": "LIVE FILING", "secsgml_size_bytes": 10994}]
metadata_filer: {"company-data": {"conformed-name": "COLLEGIATE FUNDING SERVICES INC", "cik": "0001286686", "assigned-sic": "6141", "irs-number": "043649118", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-50846", "film-number": "06649434"}, "business-address": {"street1": "10304 SPOTSYLVANIA AVE", "street2": "SUITE 100", "city": "FREDERICKSBURG", "state": "VA", "zip": "22408", "phone": "5403741600"}, "mail-address": {"street1": "10304 SPOTSYLVANIA AVE", "street2": "SUITE 100", "city": "FREDERICKSBURG", "state": "VA", "zip": "22408"}}
text: Collegiate Funding Services, Inc. (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):
  February 28, 2006
  Collegiate Funding Services, Inc.
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  000-50846
  04-3649118
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  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
  Not Applicable
  ______________________________________________
  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))
  Top of the Form
  Item 8.01 Other Events.
  On February 28, 2006, Collegiate Funding Services, Inc. (the "Company") announced that the stockholders of the Company voted to adopt the Agreement and Plan of Merger, dated December 14, 2005, among JPMorgan Chase Bank, National Association, Cannon Acquisition Corporation and the Company (the "Merger Agreement") at a special meeting of the stockholders.  The Merger Agreement was adopted by the affirmative vote of both (i) the holders of a majority of the Company's outstanding common stock entitled to vote thereon and (ii) the holders of a majority of the shares of the Company's outstanding common stock present in person or by proxy at the special meeting and voting thereon (or abstaining) other than shares beneficially owned by The Lightyear Fund, L.P. or Lightyear Co-Invest Partnership, L.P. or by the executive officers of the Company.
  A copy of the press release issued by the Company on February 28, 2006 announcing the adoption of the Merger Agreement at the special meeting of the stockholders is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
  Item 9.01 Financial Statements and Exhibits.
  (c) 	Exhibits
  Exhibit No. 	Exhibit Description
  99.1	Press Release, dated February 28, 2006, of Collegiate Funding Services, Inc.
  Top of the Form
  SIGNATURES
  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.
  Collegiate Funding Services, Inc.
  February 28, 2006
  By:
  /s/ Kevin A. Landgraver
  Name: Kevin A. Landgraver
  Title: Chief Financial Officer and Executive Vice President
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  99.1
  Press Release, dated February 28, 2006, of Collegiate Funding Services, Inc.