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(98-G-309) (98-G-309) Extension of Guaranty Agency Quarterly/Annual Report (ED Form 1130) and Revised Instructions

DCLPublicationDate: 3/1/98
DCLID: 98-G-309
AwardYear:
Summary: Extension of Guaranty Agency Quarterly/Annual Report (ED Form
1130) and Revised Instructions


March 1998

98-G-309


Subject: Extension of Guaranty Agency Quarterly/Annual Report (ED Form 1130)
and Revised Instructions

Dear Guaranty Agency Director:

The Office of Management and Budget has granted the Department of Education an extension for the current Guaranty Agency Quarterly/Annual Report (ED Form 1130) until September 30, 1998. Attached is the form with the new expiration date. This form must be used for submissions received at the Student Loan Processing Center (SLPC) on or after February 1, 1998. Any submission received on or after February 1, 1998 must be on this form regardless of the time period of the activity.

Also attached are the revised instruction for reporting on the form. These instructions are effective for quarter ending June 30, 1998. This version of the instructions incorporates reporting on defaulted FFELP loans consolidated under FFELP and the Direct Loan Programs; mergers of guaranty agencies; consistent reporting between the ED Form 1130, National Student Loan Data System (NSLDS) and the Guaranty Agency Projection Model (ED Form 704) and reporting on the restricted reserve account.

The form is be to filed using the overnight delivery service available from the U.S. Postal Service. This is the only delivery service that may be used. Send your agency’s submission to:

U.S. Department of Education
Guaranteed Student Loan Processing Center
P.O. Box 4137
Greenville, Texas 75403-4137

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

Sincerely,



Linda Paulsen, Director
Accounting and Financial
Management Service

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