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<DIV><SPAN class=826112516-04062008><FONT size=4><SPAN
class=765482516-04062008>The Department of Education r</SPAN>ecently
announced <SPAN class=765482516-04062008>2008-09 FFELP </SPAN>interest
rates<SPAN class=765482516-04062008>. </SPAN></FONT></SPAN><FONT
face="Palatino Linotype" size=4><SPAN class=826112516-04062008><FONT
face="Palatino Linotype"><SPAN class=576413421-02062008><FONT size=4><SPAN
style="FONT-SIZE: 13.5pt"><FONT face="Times New Roman" size=4>Effective July 1,
2008, the interest rates on new FFELP loans will be fixed
at:</FONT></SPAN></DIV>
<DIV>
<DIV dir=ltr align=left>
<P class=MsoNormal style="MARGIN: 6pt 0in 0pt 0.5in; TEXT-INDENT: -0.25in"><FONT
face="Times New Roman"><FONT size=4><SPAN
style="FONT-SIZE: 8pt; FONT-FAMILY: Wingdings"><SPAN>l<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><SPAN style="FONT-SIZE: 13.5pt">6.00% for undergraduate
Federal Stafford Subsidized loans;</SPAN></FONT></FONT></P>
<P class=MsoNormal style="MARGIN: 6pt 0in 0pt 0.5in; TEXT-INDENT: -0.25in"><FONT
face="Times New Roman"><FONT size=4><SPAN
style="FONT-SIZE: 8pt; FONT-FAMILY: Wingdings"><SPAN>l<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><SPAN style="FONT-SIZE: 13.5pt">6.8% for graduate Federal
Stafford Subsidized loans;</SPAN></FONT></FONT></P>
<P class=MsoNormal style="MARGIN: 6pt 0in 0pt 0.5in; TEXT-INDENT: -0.25in"><FONT
face="Times New Roman"><FONT size=4><SPAN
style="FONT-SIZE: 8pt; FONT-FAMILY: Wingdings"><SPAN>l<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><SPAN style="FONT-SIZE: 13.5pt">6.8% for undergraduate and
graduate Federal Stafford Unsubsidized loans; and</SPAN></FONT></FONT></P>
<P class=MsoNormal style="MARGIN: 6pt 0in 0pt 0.5in; TEXT-INDENT: -0.25in"><FONT
face="Times New Roman"><FONT size=4><SPAN
style="FONT-SIZE: 8pt; FONT-FAMILY: Wingdings"><SPAN>l<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><SPAN style="FONT-SIZE: 13.5pt">8.50% for Federal PLUS
loans. </SPAN></FONT></FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN
style="FONT-SIZE: 13.5pt"><FONT face="Times New Roman"></FONT></SPAN> </P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN
style="FONT-SIZE: 13.5pt"><FONT face="Times New Roman" size=4>Interest rates for
variable rate loans disbursed between July 1, 1998 and June 30, 2006 are set
at:</FONT></SPAN></P>
<P class=MsoNormal style="MARGIN: 6pt 0in 0pt 0.5in; TEXT-INDENT: -0.25in"><FONT
face="Times New Roman"><FONT size=4><SPAN
style="FONT-SIZE: 8pt; FONT-FAMILY: Wingdings"><SPAN>l<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><SPAN style="FONT-SIZE: 13.5pt">3.61% for Federal Stafford
Subsidized and Unsubsidized loans during in-school, grace and deferment status;
and</SPAN></FONT></FONT></P>
<P class=MsoNormal style="MARGIN: 6pt 0in 0pt 0.5in; TEXT-INDENT: -0.25in"><FONT
face="Times New Roman"><FONT size=4><SPAN
style="FONT-SIZE: 8pt; FONT-FAMILY: Wingdings"><SPAN>l<SPAN
style="FONT: 7pt 'Times New Roman'">
</SPAN></SPAN></SPAN><SPAN style="FONT-SIZE: 13.5pt">4.21% during repayment.
</SPAN></FONT></FONT></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN
style="FONT-SIZE: 13.5pt"><FONT face="Times New Roman"></FONT></SPAN> </P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN
style="FONT-SIZE: 13.5pt"><FONT face="Times New Roman" size=4>Additionally, the
interest rate on Federal PLUS loans made between July 1, 1998 and June 30, 2006
is 5.01%. </FONT></SPAN></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN
style="FONT-SIZE: 13.5pt"><FONT face="Times New Roman"></FONT></SPAN> </P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN
style="FONT-SIZE: 13.5pt"><FONT face="Times New Roman" size=4>For more
information, refer to<SPAN class=789113613-04062008> the Department of
Education's</SPAN> </FONT><A
href="http://ifap.ed.gov/eannouncements/0527InterestRate20082009.html"><FONT
face="Times New Roman" color=#800080 size=4>interest rate chart</FONT></A><FONT
face="Times New Roman" size=4>.<SPAN> </SPAN>If you have questions,
contact OGSLP’s Policy, Compliance, and Training department at 405.234.4432 or
</FONT><A href="mailto:pct@ogslp.org"><FONT face="Times New Roman"
size=4>pct@ogslp.org</FONT></A><FONT face="Times New Roman" size=4>.<SPAN>
</SPAN>We’re here to help!</FONT></SPAN></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT
face="Times New Roman"></FONT> </P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT
face="Times New Roman"></FONT></FONT><FONT face="Times New Roman"
size=4></FONT> </P></SPAN></FONT></DIV></SPAN></FONT></DIV>
<DIV>
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<DIV align=left><SPAN lang=en-us><B><FONT face=Arial>Angela O.
Caddell</FONT></B><FONT face="Times New Roman"> </FONT></SPAN><BR><SPAN
lang=en-us><FONT face=Arial>Director for Communications, Financial Education,
and Outreach</FONT><FONT face="Times New Roman"> </FONT></SPAN><BR><SPAN
lang=en-us><FONT face=Arial>Oklahoma Guaranteed Student Loan Program</FONT><FONT
face="Times New Roman"> </FONT></SPAN><BR><SPAN lang=en-us><I><FONT face=Arial>a
division of the Oklahoma State Regents for Higher Education</FONT></I><FONT
face="Times New Roman"> </FONT></SPAN><BR><SPAN lang=en-us><FONT face=Arial>P.O.
Box 3000</FONT><FONT face="Times New Roman"> </FONT></SPAN><BR><SPAN
lang=en-us><FONT face=Arial>Oklahoma City, OK 73101-3000</FONT><FONT
face="Times New Roman"> </FONT></SPAN><BR><SPAN lang=en-us><FONT
face=Arial>405-234-4495 (direct)</FONT></SPAN></DIV>
<DIV align=left><SPAN lang=en-us><FONT face="Times New Roman"><FONT
face=Arial>800-522-8506 (TDD/TRS)</FONT> </FONT></SPAN><BR><SPAN
lang=en-us><FONT face=Arial>800-970-OKMM (toll-free)</FONT><FONT
face="Times New Roman"> </FONT></SPAN><BR><SPAN lang=en-us><FONT
face=Arial>405-234-4554 (fax)</FONT><FONT face="Times New Roman">
</FONT></SPAN><BR><SPAN lang=en-us></SPAN><A
href="mailto:acaddell@ogslp.org"><SPAN lang=en-us><U><FONT face=Arial
color=#0000ff>acaddell@ogslp.org</FONT></U></SPAN></A><SPAN lang=en-us><FONT
face=Arial></FONT> </SPAN></DIV>
<DIV align=left><SPAN lang=en-us><A href="http://www.ogslp.org/"><FONT
face=Arial color=#000080>www.ogslp.org</FONT></A><FONT face=Arial>
</FONT></SPAN><BR><SPAN lang=en-us></SPAN><A
href="http://www.oklahomamoneymatters.org/"><SPAN
lang=en-us><U></U><U></U><U><FONT face=Arial
color=#008000>www.oklahomamoneymatters.org</FONT></U></SPAN></A><SPAN
lang=en-us><FONT face=Arial></FONT><FONT size=2> </FONT></SPAN><BR></DIV><SPAN
lang=en-us><FONT face=Arial></FONT></SPAN>
<DIV align=left><SPAN lang=en-us><FONT face=Arial
size=2></FONT></SPAN> </DIV>
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