Maintained for Historical Purposes

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

During the Quarter Ending: June -30-1999

Quarter: 6/30/99

June 30, 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 June 30, 1999


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 June 30, 1999, is 4.60 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). Attachment D contains the annual maximum interest rate for the portion of a consolidation loan which repaid a Health Education Assistance Loan (HEAL) program loan computed pursuant to section 428C(d)(2) of 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 June 30, 1999" in Portable Document Format
(PDF). It can be viewed with version 3.0 or greater of the free Adobe Acrobat Reader software.]]

Last Modified: 07/05/1999