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(96-G-294) (96-G-294) Suspension of Default Reinsurance Claim Payments Due to Non-Receipt of September 1996 Quarterly Report

DCLPublicationDate: 10/1/96
DCLID: 96-G-294
AwardYear:
Summary: Suspension of Default Reinsurance Claim Payments Due to Non-Receipt of September 1996 Quarterly Report

OCTOBER 1996

96-G-294


SUBJECT: Suspension of Default Reinsurance Claim Payments
Due to Non-Receipt of September 1996 Quarterly
Report

REFERENCE: 34 CFR Part 682.404(c) Federal Reinsurance
Agreement


Dear Guaranty Agency Director:

The Department of Education (ED) will suspend payment of
reinsurance claims to agencies that have not submitted their
September 1996 Guaranty Agency Quarterly/Annual Report
(ED Form 1130) by December 1,1996. Reinsurance claim payments
will resume when we receive the required report.

Please notify your personnel of this deadline to avoid
interruption of reinsurance claim payments. The completed
report should be mailed to:


U. S. Department of Education
Guaranty Agency Processing
Post Office Box 4137
Greenville, TX 75403-4137


If you have any question or comments, please call Larry Stotler
on (202) 708-9787.


Sincerely,


Linda Paulsen, Director
Accounting and Financial
Management Service