
<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                                    FORM 8-K

                             Current Report Pursuant
                          to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                           Date of Report: May 9, 2001

                          COLLEGELINK.COM INCORPORATED

             (Exact Name of Registrant as Specified in its Charter)


                                    DELAWARE
                 (State or Other Jurisdiction of Incorporation)


        0-5388                                         16-0961436
(Commission File Number)                 (I.R.S. Employer Identification Number)

    251 Thames Street, Bristol, RI                       02809
(Address of Principal Executive Offices)               (Zip Code)


                                 (401) 254-8800
              (Registrant's Telephone Number, Including Area Code)


ITEM 5.  OTHER EVENTS

On May 3,  2001,  the  Board of  Directors  of the  Company  voted  to  initiate
voluntary proceedings for the delisting of the Company's common stock, par value
$.001, from the American Stock Exchange. The Company does not currently meet the
requirements  for  continued  listing of its common stock on the American  Stock
Exchange.  The Company  expects the last trading day for its common stock on the
American Stock Exchange under the trading symbol "APS" will be May 17, 2001. The
Company  further expects that its common stock will trade on the Nasdaq Over the
Counter  Bulletin Board  effective May 18, 2001 under a new trading symbol which
will be assigned on or before May 18, 2001.

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                                   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.


                                               COLLEGELINK.COM INCORPORATED

                                               /s/ Richard A. Fisher
                                               ---------------------------------
DATE: May 9, 2001                              By:     RICHARD A. FISHER
                                               Name:   Richard A. Fisher
                                               Title:  Chairman


