Maintained for Historical Purposes

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

(CB-97-13) (CB-97-13) This letter accompanies the 1995-96 Federal Perkins Loan Service Cancellations Payment Letter

DCLPublicationDate: 8/1/97
DCLID: CB-97-13
AwardYear:
Summary: This letter accompanies the 1995-96 Federal Perkins Loan Service
Cancellations Payment Letter


August, 1997


CB-97-13(LD)


SUMMARY: This letter accompanies the 1995-96 Federal Perkins Loan Service
Cancellations Payment Letter

REFERENCE: The 1996-97 Federal Student Financial Aid Handbook, Chapter 6


Dear Financial Aid Administrator:


We are enclosing three copies of the payment letter for reimbursement(s) of the Service
Cancellations (Teacher/Military/Volunteer/Law Enforcement/Child/Family/Early Intervention/Nurse/Medical Technician) under the Federal Perkins Loan Program for the1995-96 award period.

This year each institution will receive less than 100 percent of the reimbursement due it under Section 465 of the Higher Education Act of 1965, as amended, because of insufficient funds in the Fiscal Year 1997 Appropriation. The calculation of these cancellation payments is based on the information contained in the 1995-96 Fiscal Operation Report and edit corrections submitted by your institution. A computerized worksheet is also enclosed which shows the step-by-step calculation of your payment.

If you have any questions regarding the computation of your reimbursement(s), feel free to contact Mr. Joseph Morris of the Institutional Services Branch at (202) 708-8745.


Sincerely Yours,


Michele L. Selvage, Director
Institutional Financial Management
Division
Accounting and Financial Management
Service


Enclosures

Last Modified: 07/31/1997