Maintained for Historical Purposes

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

During the Quarter Ending: June -30-2003

Quarter: June 30, 2003


Posted on 07-02-2003


July 1, 2003


SUBJECT: Federal Family Education Loan Program Special Allowance Rates for the Quarter Ending June 30, 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 June 30, 2003, as 1.06 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 June 30, 2003, is 1.17 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: 07/01/2003