| DCLPublicationDate: 10/1/98 DCLID: ANN-98-12 AwardYear: Summary: Low-Income School and Teacher Shortage Area Lists for Loan Cancellation/Deferment now available on the Web SFAP Electronic Announcement October 1998 ANN-98-12 SUBJECT: Low-Income School and Teacher Shortage Area Lists for Loan Cancellation/Deferment now available on the Web. Dear Colleague, We are pleased to announce a helpful new database feature for student loan borrowers that has been added to our Teacher Service Options Web pages found at: www.ed.gov/studentaid Borrowers may now use the Teacher Service Options area of the Web site to search the Departments official low-income school listing for the 1998-99 school year. (As the Web site explains, Perkins Loan borrowers who are teaching full-time at a designated low-income elementary or secondary school may qualify for cancellation of a portion of their loan.) The Web site gives borrowers the option to search by state as well as school name or school district. The Teacher Service Options site also includes a listing of Teacher Shortage Areas that are eligible for deferment of Direct Loans and Federal Family Education Loans. To go directly to these listings, go to www.ed.gov/offices/OPE/Students/repayment/teachers/perkins.html for the Perkins low-income school list or www.ed.gov/ offices/OPE/Students/repayment/teachers/dlffel.html for the Teacher Shortage Area list. We hope that you find both of these Web pages to be useful resources. Sincerely, Diane E. Rogers Acting Deputy Assistant Secretary Student Financial Assistance Programs |