January 4, 1999
TO: Regional Directors
FFEL Program Section Staff
FROM: Acting Chief, FFEL Program Section
Division of Policy Development
Policy, Training, and Analysis Service
SUBJECT: Federal Family Education Loan Program Special Allowance
Rates for the Quarter Ending December 31, 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 December 31, 1998, is 4.40 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).
[[This file contains Attachment A, B and C which detail
the "Federal Family Education Loan Program Special Allowance Rates for
the Quarter Ending December 31, 1998" in Portable Document Format (PDF). It can be viewed with version 3.0 or greater of the free Adobe Acrobat Reader software.]]