Maintained for Historical Purposes

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

During the Quarter Ending: March -31-2003

Quarter: March 31, 2003


Posted on 04-02-2003


April 2, 2003

SUBJECT: Federal Family Education Loan Program Special Allowance Rates for the Quarter Ending March 31, 2003

The Treasury Department has published the average of the bond equivalent rates of the ninety-one day Treasury bills auctioned during the quarter ending March 31, 2003, as 1.17 percent. Further, the average of the bond equivalent rates of the quotes of the 3-month commercial paper (financial) rates in effect for each of the days in the quarter ending March 31, 2003, is 1.27 percent.

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

Financial Management
Financial Partners

Last Modified: 04/01/2003