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(DLB - 98 - 15) March Borrower Delinquency Report

Bulletin ID
DLB - 98 - 15
PublicationDate: 4/1/98
BulletinID: DLB - 98 - 15


April 1998

DLB98-15


Subject: March Borrower Delinquency Report


Dear Colleague:

The Direct Loan Borrower Delinquency Report will be available on the Title IV WAN by close of business on April 21, 1998. The contents of the report reflect data for the month of March 1998, and convey an accurate picture of your institution's delinquent loan status.

However, the section which is titled "Defaulted This Month" may be inaccurate. If there is a number in the "Defaulted This Month" field on the summary and there is no borrower detail to support it, then the summary "Defaulted This Month" field should be blank. This problem only affects the report format (not the data format) of the Borrower Delinquency Report, and we anticipate a resolution prior to the distribution of the
April 30, 1998 report.

We apologize for any inconvenience this may cause. Thank you for your patience with this correction, and thank you for your continued support of the Direct Loan Program.

Sincerely,



Joe L. McCormick
Chair
Direct Loan Task Force