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<P><FONT face=Arial size=2>Sallie Mae has identified an issue with the
Application Loan Phase Code. The Application Loan Phase Code is a four character
code indicating the current processing phase for the application or the loans.
</FONT></P>
<P><FONT face=Arial><FONT size=2>If you are a school or lender that utilizes the
Application Loan Phase code, please be aware that your application response
files may include the incorrect loan coded of PRNT (Application/Promissory Note
has been printed and mailed) instead of the cor<SPAN
class=431365018-08052002>r</SPAN>ect loan phase codes of either AELN (Approved
by Guarantor) or ADIS (Awaiting First Disbursement). <SPAN
class=431365018-08052002>However, </SPAN><SPAN
class=431365018-08052002>even though the app response file contained the
incorrect loan phase code, it is appearing correctly on OGSLP's database,
EAGLE.</SPAN></FONT></FONT></P>
<P><FONT face=Arial size=2>The app response files affected are those for 4/26,
4/27, 4/28<SPAN class=431365018-08052002>,</SPAN> 4/29, 4/30, 5/1, 5/2 and 5/3.
Sallie Mae is in the process of creating corrected files and a follow-up
notification will be sent when this is complete.</FONT></P>
<P><FONT face=Arial size=2>For further assistance in resolving this problem,
please contact OGSLP's Client Relations <SPAN
class=431365018-08052002>D</SPAN>epartment at <SPAN
class=431365018-08052002>(405) 234-4329 or 1-800-247-0420 x329 </SPAN>or Sallie
Mae's Electronic Services Department at 1-800-348-4606. Thank<SPAN
class=431365018-08052002> you</SPAN> for your patience. </FONT></P>
<P><FONT face=Arial size=2></FONT> </P>
<P><FONT face=Arial size=2><FONT size=2>Client Relations<BR>OGSLP<BR>(405)
234-4329 or 1-800-247-0420<BR>(405) 234-4459 - Fax<BR><A
href="mailto:clientrelations@ogslp.org">clientrelations@ogslp.org</A>
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