Maintained for Historical Purposes

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

(99-G-326) This letter provides a summary of the Department of Education's (ED) guaranty agency-related contingency plans and general Y2K resources.

DCLPublicationDate: 12/1/99
DCLID: 99-G-326
AwardYear:
Summary: This letter provides a summary of the Department of Education's (ED) guaranty agency-related contingency plans and general Y2K resources.


December 1999

99-G-326

Summary: This letter provides a summary of the Department of Education's (ED) guaranty agency-related contingency plans and general Y2K resources.

Dear Partner:

This letter is for ED's guaranty agency partners and is intended to retransmit a summary of our guaranty agency-related contingency plans that we have provided over the last several months in other ways, primarily through ED’s Y2K web site.

By bundling this information together, we have tried to provide a last minute list of resources and a summary of SFA’s contingency plans to enable critical student aid business processes to continue and to ensure that the important work of putting students through school will not be disrupted. Thank you for your help in developing these plans. Sharing your suggestions and plans with your colleagues and us has been insightful and useful.

We will provide shortly other letters that will include Y2K information directed to ED's other partners and information describing conditions under which a guaranty agency can use ED’s contingency plans to carry out critical financial aid activities without incurring program liabilities. All of these letters will be available on our web site at
http://IFAP.ed.gov. Additional information and payment forms can be accessed at http://www.ed.gov/offices/OSFAP/IGAL/.

This letter includes the following:

· ED's Guaranty Agency-related Contingency Plans (Attachment A)
· General Y2K Resources (Attachment B)

We understand that you may want to contact us regarding ED’s status and specific information about OSFA services. Beginning January 3, 2000 you can obtain information in the following ways:

1. Access
http://www.ed.gov/y2k for the Y2K status of ED's systems, including SFA.
2. Access
http://IFAP.ed.gov for information about the availability of SFA services.

For general information about Y2K and ED’s Y2K preparations and plans, you can call 1-800-USA-LEARN (24 hours a day, 7 days a week including the holiday period throughout the transition to the new year).

We are committed to working with you to ensure a successful Y2K transition. If you have further questions, contact Barry Morrow, General Manager, Financial Partners, at 202-401-2280. I hope you will enjoy the Holidays. Thank you for your continuing work in the Federal Family Education Loan program and with students and their families.

Yours sincerely,



Greg Woods
Chief Operating Officer
Office of Student Financial Assistance


Attachment A
Attachment B
Attachment C

Last Modified: 12/16/1999