Maintained for Historical Purposes

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

During the Quarter Ending: September-30-2003

Quarter: September 30, 2003


Posted on 10-03-2003


October 2, 2003

SUBJECT: Federal Family Education Loan Program Special Allowance Rates for the Quarter Ending September 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 September 30, 2003, as .95 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 September 30, 2003, is 1.07 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).

Accounting Division

Chief Financial Office

Attachments/Enclosures:

Last Modified: 10/02/2003