Maintained for Historical Purposes

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

During the Quarter Ending: September-30-1998

Quarter: 9/30/98

October 1, 1998


TO: Regional Directors
FFEL Program Section Staff

FROM: Acting Chief, FFEL Program Section
Division of Policy Development
Policy, Training, and Analysis Service

SUBJECT: Corrected Federal Family Education Loan Program
Special Allowance Rates for the Quarter Ending
September 30, 1998


This memo corrects the Special Allowance memo dated September 30, 1998. The Treasury Department has informed me that the average of the bond equivalent rates of the ninety-one day Treasury bills auctioned during the quarter ending September 30, 1998, is 4.97 percent.

Attachment A contains the bond equivalent rates of the 91-day Treasury Bills auctioned during the quarter. Attachments B & C contain the quarterly special allowance rates computed pursuant to section 438 of the Higher Education Act of 1965, as amended (the Act).



[signed]
Patricia Newcombe


Attachments


[[This file contains Attachment A, B and C which detail
the "Federal Family Education Loan Program Special Allowance Rates for
the Quarter Ending September 30, 1998" in Portable Document Format (PDF).
It can be viewed with version 3.0 or greater of the free Adobe Acrobat
Reader software.]]

Last Modified: 01/04/1999