Summary: Correction to Dear Partner Letter (GEN-00-12)
Author: PDD - Policy Development Division/SAIS
To: SFA Customers and Partners
From: Jeff Baker
Subject: Correction to Dear Partner Letter (GEN-00-12)
Date: August 28, 2000
We have discovered an error in Question & Answer (Q&A) # 3 that was included in the recently published Dear Partner Letter (GEN-00-12) that was primarily about the elimination of the paper FAT. All of the Q&As in GEN-00-12 were about the applicability of capitalized interest when determining aggregate loan limits in the Direct Loan and FFEL programs. We have corrected the letter and re-posted it to IFAP with the correction to Q&A # 3 shown in RED.
We apologize for any inconvenience this error may have caused.