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(DLB - 99 - 21) A New Publication at the LOC - The Inside Scoop for Borrowers

Bulletin ID
DLB - 99 - 21
PublicationDate: 4/1/99
BulletinID: DLB - 99 - 21


April 1999

DLB 99-21

Subject: A New Publication at the LOC - The Inside Scoop for Borrowers

Dear Colleague:

We are pleased to tell you that a new publication, The Inside Scoop for Borrowers, is now available at the Loan Origination Center in Montgomery. The brochure explains the master promissory note (MPN) for 1999-2000 to Direct Loan students.

Financial aid directors, students, and Department of Education staff wrote and reviewed the pamphlet, which covers topics related to the master promissory note in a question and answer format. It discusses new features of the MPN including the Disclosure Statement, identifies the types of loans covered by the MPN, and answers questions related to school transfers and grade changes. It also provides instructions for completing the MPN and includes a chart explaining how the financial aid process works.

We previewed this brochure at the recent Direct Loan Annual Conference, and the response was favorable.

Please contact your Customer Service Representative at 1/800/848-0978 to request copies.

Thank you for your continued support of the Direct Loan Program.

Sincerely,



Margaret E. White
Acting Chair
Direct Loan Task Force