From mmccreary at ogslp.org Fri Jan 7 09:06:08 2011 From: mmccreary at ogslp.org (McCreary, Matt) Date: Fri, 7 Jan 2011 09:06:08 -0600 Subject: [Lender] Special Allowance Rates for the Quarter Ending December 31, 2010 Message-ID: The Department of Education (ED) has released the special allowance rates for the quarter ending December 31, 2010. In calculating quarterly Special Allowance rates, ED is required to determine "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 such quarter as reported by the Federal Reserve in Publication H-15 (or its successor) for such 3-month period." For days when a rate is unavailable, ED has used the previous available rate. Therefore, for the quarter ending December 31, 2010, the average rate used to compute special allowance will be 0.26 percent. Pursuant to the Master Participation Agreement(s) under ED's loan participation purchase program, the 0.26 percent rate is also used to determine the Participant Yield (i.e., yield owed to ED). The calculated Participation Yield rate is available in an Ensuring Continued Access to Student Loans (ECASLA) announcement . For some loans, the special allowance rate is calculated by using the average of the bond equivalent rates of the 91-day Treasury bills as published by the Department of the Treasury. For the quarter ending December 31, 2010, the average of the rates is 0.14 percent. Click here to view ED's announcement regarding the new rates. If you have questions, please contact OGSLP's Policy, Compliance and Training department at 405.234.4432, 800.247.0420 (toll free) or pct at ogslp.org . We're here to help! Matt McCreary Policy Analyst Oklahoma Guaranteed Student Loan Program A Division of the Oklahoma State Regents for Higher Education 405-234-4296 - phone 405-234-4549 - fax -------------- next part -------------- An HTML attachment was scrubbed... URL: http://lists.onenet.net/pipermail/lender/attachments/20110107/f93c7c99/attachment.html From pgandy at ogslp.org Mon Jan 10 16:59:42 2011 From: pgandy at ogslp.org (Gandy, Penny) Date: Mon, 10 Jan 2011 16:59:42 -0600 Subject: [Lender] THIS WEEKEND - Direct Loan Consolidation System and Website Down - THIS WEEKEND Message-ID: <297AF473E6053445A2007FAB9E8BCACFF083F1@elgar.lan.ogslp.org> On January 7, 2011, ED announced that the DL Consolidation System and Website would take advantage of the long federal holiday weekend (Monday, Jan 17 is Martin Luther King, Jr. Day) and be down beginning Friday, January 14th at 6pm ET through Monday, Jan 17th at 8:00am ET. This means that any student that needs to consolidate his/her loans (for personal preference, public service loan forgiveness, default resolution, etc.) will not be able to submit his/her application this weekend. The interactive voice response system at the DL Consolidation Center will be unavailable during this time as well. For all details, see ED's e-nnouncement on the outage. In addition, you can read ED's e-nnouncement on how it will handle information coming into the system on the Martin Luther King, Jr. Holiday (Jan 17) as its offices will be closed. Penny Gandy Outreach Services Manager Oklahoma Guaranteed Student Loan Program A Division of the State Regents for Higher Education PO Box 3000 Oklahoma City, OK 73101-3000 p. (405) 234-4364 f. (405) 234-4553 (TDD/TRS) 800-522-8506 pgandy at ogslp.org www.UCanGo2.org (find 'UCanGo2' on Facebook!) Note: This communication and attachments, if any, are intended solely for the use of the addressee hereof. In addition, this information and attachments, if any, may contain information that is confidential, privileged and exempt from disclosure under applicable law including, but not limited to, the Privacy Act of 1974. If you are not the intended recipient of this information, you are prohibited from reading, disclosing, reproducing, distributing, disseminating, or otherwise using this information. If you have received this message in error, please promptly notify the sender and immediately delete this communication from your system. -------------- next part -------------- An HTML attachment was scrubbed... URL: http://lists.onenet.net/pipermail/lender/attachments/20110110/29b219a5/attachment-0001.html -------------- next part -------------- A non-text attachment was scrubbed... Name: image001.jpg Type: image/jpeg Size: 18680 bytes Desc: image001.jpg Url : http://lists.onenet.net/pipermail/lender/attachments/20110110/29b219a5/attachment-0001.jpg From pgandy at ogslp.org Fri Jan 14 15:45:48 2011 From: pgandy at ogslp.org (Gandy, Penny) Date: Fri, 14 Jan 2011 15:45:48 -0600 Subject: [Lender] OGSLP Office Closed on Monday, January 17th (MLK Holiday) Message-ID: <297AF473E6053445A2007FAB9E8BCACFF08454@elgar.lan.ogslp.org> The OGSLP office will be closed on Monday, January 17th, in observance of the Martin Luther King holiday. Thanks! Penny Gandy Outreach Services Manager Oklahoma Guaranteed Student Loan Program A Division of the State Regents for Higher Education PO Box 3000 Oklahoma City, OK 73101-3000 p. (405) 234-4364 f. (405) 234-4553 (TDD/TRS) 800-522-8506 pgandy at ogslp.org www.UCanGo2.org (find 'UCanGo2' on Facebook!) Note: This communication and attachments, if any, are intended solely for the use of the addressee hereof. In addition, this information and attachments, if any, may contain information that is confidential, privileged and exempt from disclosure under applicable law including, but not limited to, the Privacy Act of 1974. If you are not the intended recipient of this information, you are prohibited from reading, disclosing, reproducing, distributing, disseminating, or otherwise using this information. If you have received this message in error, please promptly notify the sender and immediately delete this communication from your system. -------------- next part -------------- An HTML attachment was scrubbed... URL: http://lists.onenet.net/pipermail/lender/attachments/20110114/935ac0ec/attachment-0001.html -------------- next part -------------- A non-text attachment was scrubbed... Name: image001.jpg Type: image/jpeg Size: 18680 bytes Desc: image001.jpg Url : http://lists.onenet.net/pipermail/lender/attachments/20110114/935ac0ec/attachment-0001.jpg From jsmith at ogslp.org Thu Jan 20 06:21:40 2011 From: jsmith at ogslp.org (Smith, Jennifer (GSL)) Date: Thu, 20 Jan 2011 06:21:40 -0600 Subject: [Lender] OGSLP Open Late Message-ID: Due to inclement weather, OGSLP will open at 9 a.m. today, Thursday, January 20, 2011. -------------- next part -------------- An HTML attachment was scrubbed... URL: http://lists.onenet.net/pipermail/lender/attachments/20110120/cb46344a/attachment.html From pgandy at ogslp.org Mon Jan 31 14:27:43 2011 From: pgandy at ogslp.org (Gandy, Penny) Date: Mon, 31 Jan 2011 14:27:43 -0600 Subject: [Lender] Winter Regulatory Update Training Message-ID: <297AF473E6053445A2007FAB9E8BCACFF084F5@elgar.lan.ogslp.org> Posted per the request of Trevor Summers, Training Officer at the U.S. Department of Education Publication Date: January 28, 2011 DCL ID: ANN-11-01 Subject: Training Workshops - Regulatory Update 2011 Summary: This letter announces Federal Student Aid's instructor-led, Regulatory Update 2011 training workshops scheduled for late February through April 2011. The workshops will focus on the October 29, 2010 Program Integrity Final Regulations. Information on the 2011-2012 application processing system, required consumer information disclosures, and certain Pell Grant and Direct Loan issues will also be discussed. http://www.ifap.ed.gov/dpcletters/ANN1101.html Penny Gandy Outreach Services Manager Oklahoma Guaranteed Student Loan Program A Division of the State Regents for Higher Education PO Box 3000 Oklahoma City, OK 73101-3000 p. (405) 234-4364 f. (405) 234-4553 (TDD/TRS) 800-522-8506 pgandy at ogslp.org www.UCanGo2.org (find 'UCanGo2' on Facebook!) Note: This communication and attachments, if any, are intended solely for the use of the addressee hereof. In addition, this information and attachments, if any, may contain information that is confidential, privileged and exempt from disclosure under applicable law including, but not limited to, the Privacy Act of 1974. If you are not the intended recipient of this information, you are prohibited from reading, disclosing, reproducing, distributing, disseminating, or otherwise using this information. If you have received this message in error, please promptly notify the sender and immediately delete this communication from your system. -------------- next part -------------- An HTML attachment was scrubbed... URL: http://lists.onenet.net/pipermail/lender/attachments/20110131/a1bdd217/attachment-0001.html -------------- next part -------------- A non-text attachment was scrubbed... Name: image001.jpg Type: image/jpeg Size: 18680 bytes Desc: image001.jpg Url : http://lists.onenet.net/pipermail/lender/attachments/20110131/a1bdd217/attachment-0001.jpg From acaddell at ogslp.org Mon Jan 31 16:06:00 2011 From: acaddell at ogslp.org (Caddell, Angela) Date: Mon, 31 Jan 2011 16:06:00 -0600 Subject: [Lender] OGSLP closed on Tuesday, February 1 Message-ID: <297AF473E6053445A2007FAB9E8BCACFEDDF67@elgar.lan.ogslp.org> The OGSLP offices will be closed tomorrow due to anticipated hazardous weather conditions. If agency operations are impacted beyond tomorrow, we'll let you know. Stay safe and warm! Thanks, Angela Angela O. Caddell Director for Communications, Financial Education, & Outreach Oklahoma Guaranteed Student Loan Program a division of the Oklahoma State Regents for Higher Education P.O. Box 3000 Oklahoma City, OK 73101-3000 405-234-4495 (direct) 800-522-8506 (TDD/TRS) 800-970-OKMM (toll-free) 405-234-4554 (fax) acaddell at ogslp.org www.ogslp.org www.OklahomaMoneyMatters.org (follow 'OK Money Matters' on Twitter!) www.UCanGo2.org (find 'UCanGo2' on Facebook!) Note: This communication and attachments, if any, are intended solely for the use of the addressee hereof. In addition, this information and attachments, if any, may contain information that is confidential, privileged and exempt from disclosure under applicable law including, but not limited to, the Privacy Act of 1974. If you are not the intended recipient of this information, you are prohibited from reading, disclosing, reproducing, distributing, disseminating, or otherwise using this information. If you have received this message in error, please promptly notify the sender and immediately delete this communication from your system. -------------- next part -------------- An HTML attachment was scrubbed... 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