DCLID: Disaster Letter-97-11
Summary: Declared disaster areas for recent floods in North Dakota and South Dakota.
April 8, 1997
SUMMARY: Declared disaster areas for recent floods in
North Dakota and South Dakota.
Dear Guaranty Agency Director:
On April 7, President Clinton declared the ENTIRE
states of NORTH DAKOTA and SOUTH DAKOTA
to be disaster areas because of severe winter
weather and flooding that those states have
experienced. For North Dakota, the President's
disaster declaration is retroactive to February 28.
For South Dakota, it is retroactive to February 3.
For borrower-initiated 90-day forbearances under
the guidelines first outlined in the January 14,
1997 "Dear Guaranty Agency Director" letter, the
February 3 and February 28 dates may be used
retroactively. Lenders and guaranty agencies
may also grant a borrower-initiated 90-day
forbearance on or after the date of this letter if
the lender or guarantor believes the borrower
needs one. We will notify you if additional areas
in other states are designated by the President or
the Federal Emergency Management Agency
(FEMA). Lenders and guaranty agencies may
contact the Department's toll-free number at
1-800-433-7327, Monday through Friday from
9:00 a.m. to 5:00 p.m. EST for further updates.
This letter has also been sent to each regional
office of the Department, plus the National
Council of Higher Education Loan Programs, Inc.,
the Consumer Bankers Association, and the
National Association of Student Financial Aid
Pamela A. Moran
Chief, Loans Branch
Policy Development Division
Student Financial Assistance Programs