Federal Student Aid - IFAP
   
PublicationDate: 6/7/99
Summary: Items posted to IFAP during the week of May 31,1999
Author: CSB - SFA Customer Support Branch


May 31 - June 04, 1999. IFAP Postings. The Customer Support Branch (CSB) posted the following Documents/Letters/Regulations/Announcements to the Information for Financial Aid Professionals (IFAP) web page:
DIRECT LOAN TECHNICAL REFERENCE:

1999-2000 Direct Loan Technical Reference

ELECTRONIC ANNOUNCEMENTS:

June 04, 1999: Update on the Recipient and Financial Management System (RFMS)

June 04, 1999: Student Financial Aid Year 2000 Project Status As of 4 June, 1999

June 04, 1999: New Website -- SFA Technical Support

June 02, 1999: NSLDS SSCR Revised Error Edits

June 01, 1999: Y2K Testing with the CPS

June 01, 1999: Vacancy Announcement for Management and Program Analyst 99-172-MH

June 01, 1999: Items posted to IFAP during the week of May 24,1999

June 01, 1999: Vacancy Announcement for Management and Program Analyst Position 99-171-MH


DEAR COLLEAGUE LETTERS:

June 1999: ANN-99-5: This letter announces three additional Spring Training '99 workshops for Puerto Rico schools and includes agendas and a registration form.

June 1999: CB-99-8: This letter provides information about additional methods by which an institution may
submit its request for a waiver of the 1999-2000 Federal Work-Study (FWS) community service expenditure
requirement.

June 1, 1999: Disaster Letter-99-18: Severe weather in Illinois

May 1999, 1999: CB-99-7: This letter provides procedures to request a waiver of the 1999-2000 Federal Work Study (FWS) community service expenditure requirement.


FEDERAL REGISTERS:

June 01, 1999 FR Type: Notice: Summary: The Secretary of Education (the Secretary) announces that the
1998-99 Amendments to the Federal Perkins Loan and National Direct Student Loan Programs Directory
of Designated Low-Income Schools (the Directory) have been incorporated into the 1998-99 Directory
currently available on the Department of Education's (the Department) website. Under the Federal Perkins
Loan and National Direct Student Loan programs, a borrower may have repayment of his or her loan deferred
and a portion of his or her loan canceled if the borrower teaches full-time for a complete academic year in a
designated elementary or secondary school having a high concentration of students from low-income families.
The 1998-99 Directory lists, on a State-by-State and Territory-by-Territory basis, the schools in which a
borrower may teach during the 1998-99 school year to qualify for deferment and cancellation benefits. The
Amendments to the Directory identify changes in the list of schools that qualify borrowers for teacher
cancellation benefits under each of the loan programs. Page Numbers: 29525-29526

June 01, 1999 FR Type: Notice: Summary: The Secretary of Education announces the annual updates to the
tables that will be used in the statutory ``Federal Need Analysis Methodology'' to determine a student's
expected family contribution (EFC) for award year 2000-2001 under Part F of Title IV of the Higher Education
Act of 1965, as amended (Title IV, HEA Programs). An EFC is the amount a student and his or her family may
reasonably be expected to contribute toward the student's postsecondary educational costs for purposes of
determining financial aid eligibility. The Title IV, HEA Programs include the Federal Pell Grant, campus-based
(Federal Perkins Loan, Federal Work-Study, and Federal Supplemental Educational Opportunity Grant
Programs), Federal Family Education Loan, and William D. Ford Federal Direct Loan Programs. Page
Numbers: 29511-29515


FFEL VARIABLE INTEREST RATES:

June 04, 1999: For the period July 1, 1999 - June 30, 2000

FEDERAL PELL GRANT PROGRAM:

June 03, 1999:1999-2000 RFMS ORIGINATION,
DISBURSEMENT, AND SPECIAL DISBURSEMENT EDIT CODES AS OF JUNE 3, 1999