Maintained for Historical Purposes

This resource is being maintained for historical purposes only and is not currently applicable.

(CB-95-22) Correction pages for the Federal Perkins Loan Program Assignment Submission Procedures in CB-95-13.

DCLPublicationDate: 9/1/95
DCLID: CB-95-22
AwardYear:
Summary: Correction pages for the Federal Perkins Loan Program Assignment Submission Procedures in CB-95-13.


SEPTMBER 1995

CB-95-22(LD)

Dear Colleague:

It has come to our attention that the Federal
Perkins Loan Program Assignment Submission
Procedures, CB-95-13 has errors in the "Borrower
Information" section on p.p. 29-30. Therefore,
we have enclosed correction pages for your use.

If you have any questions, please call Steve
Goldstein, Assignments Specialist, DCS,
at (202) 708-9958. Thank you.


Sincerely,



Leo Kornfeld
Senior Advisor to the Secretary
For Direct Lending

Enclosures



litigation and presence of a judgment.


39 Date of last disbursement, not original date of loan.
NOTE In the event of a late disbursement [e.g., after the
borrower's departure date], please enter the date that the

advance became effective.)

40 Date last grace period ended.


41 Date following the day on which payment was due and
not received, resulting in default.


42-44 Date of acceleration (if marked "yes") or date the loan
would have "matured", i.e., been paid-in-full, if past (if
marked no"). Attach documented proof.


45-47 Indication of whether loan was ever litigated and date on
which judgment was effected. Attach documented proof.


48-53 FOR SCHOOLS IMPLEMENTING CLOSURE OF
INSTITUTION OR PROGRAM ONLY: Indication of
alternative status of student at time of closure: I (in
school); G (Grace-Period); D (Deferment);
R (Repayment).


49-54 Indication of primary reason loan uncollectible. If
"other", explain.


Section D Loan Information - Financial


Item Number Instructions


55 Original amount loaned to borrower, or, if applicable, total
amount outstanding on judgment.


56 Any amount refunded or never disbursed which would
reduce the principal amount for which the borrower is
liable. Attach documented proof.

57 Total amount repaid and credited to principal as of
certification date.

58 Total amount of principal which has been canceled on this
loan.


29




59 Total principal amount of this loan which is currently
outstanding. (Item 55 less 56, 57 and 58).


60 Total amount of penalty or late charges assessed against the
loan which are outstanding as of the certification date.


61 Total amount of interest repaid as of certification date.


62 Total amount of interest which has been canceled on this
loan.


63 Total amount of interest due as of the
certification date.


64 Total amount of collection costs which have been properly
assessed on this loan in accordance with program
regulations. The costs attributable to the following activities

can be included: collection costs, skip-trace, litigation,
address search, letters, etc.


65 Total dollar amount currently outstanding on this loan.


Section E Cancellation and Deferment Information


Item Number Instructions


65-94 Any cancellations that have been exercised on this loan.
Show dates as MM/DD/YY. Attach documentation.


95-103 Any deferments that have been exercised on this loan.
Show dates as MM/DD/YY. Attach documentation.

30

Last Modified: 08/31/1995