| 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 |