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<DIV dir=ltr align=left><SPAN class=392350421-12092006>
<DIV dir=ltr align=left><FONT face=Arial color=#0000ff size=2><SPAN
class=765361914-13092006>Jonna,</SPAN></FONT></DIV>
<DIV dir=ltr align=left><FONT face=Arial color=#0000ff size=2><SPAN
class=765361914-13092006></SPAN></FONT> </DIV>
<DIV dir=ltr align=left><FONT face=Arial color=#0000ff size=2><SPAN
class=765361914-13092006>OGSLP has discussed this issue over the last couple of
days to determine if there were any shortcuts that a school might be able
to use that would reduce the delay in processing without increasing the
workload. Unfortunately (and we will whine along with you), it appears
that the effective date is restrictive to "loans certified on or after
7/1/07". The only option we could think of besides certifying on or after
7/1/07, would be to go ahead and certify for the old loan limits prior to that,
then certify a supplemental loan for the difference after 7/1/07. However,
this option does increase your workload by certifying a second
loan.</SPAN></FONT></DIV>
<DIV dir=ltr align=left><FONT face=Arial color=#0000ff size=2><SPAN
class=765361914-13092006></SPAN></FONT> </DIV>
<DIV dir=ltr align=left><FONT face=Arial color=#0000ff size=2><SPAN
class=765361914-13092006>If anyone else has thought of a way to process for the
new loan limits in your office, we would be glad <SPAN
class=392350421-12092006>to hear </SPAN>about your alternative method. As
always, our Client Solutions Reps will gather and share any best practices they
are able to pick up while visiting our schools throughout the
state.</SPAN></FONT></DIV>
<DIV dir=ltr align=left><FONT face=Arial color=#0000ff size=2><SPAN
class=765361914-13092006></SPAN></FONT> </DIV><FONT
color=#0000ff></FONT><FONT face=Arial size=2> </FONT></SPAN></DIV>
<DIV dir=ltr align=left><SPAN class=392350421-12092006><FONT face=Arial
size=2></FONT></SPAN> </DIV>
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</DIV>
<DIV dir=ltr align=left><FONT face=Tahoma size=2><B>From:</B>
oasfaa-bounces@lists.onenet.net [mailto:oasfaa-bounces@lists.onenet.net] <B>On
Behalf Of </B>Jonna L. Raney<BR><B>Sent:</B> Wednesday, September 06, 2006 11:28
AM<BR><B>To:</B> oasfaa@onenet.net<BR><B>Subject:</B> [Oasfaa] Loan Limit
changes (my whining)<BR></FONT><BR></DIV>
<DIV></DIV>
<DIV><SPAN class=338442416-06092006><FONT face=Arial size=2>We are printing some
of our 07/08 information and happened to notice that the new loan limits go into
effect for loans "processed or certified on or after July 1, 2007." I
guess that means that for any Freshman, Sophomore or Graduate loans, we'll have
to hold them until July 1 before we can originate them.
</FONT></SPAN></DIV>
<DIV><SPAN class=338442416-06092006><FONT face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=338442416-06092006><FONT face=Arial size=2>What a
pain!!! okay, I'm done whining (for now.) </FONT></SPAN></DIV>
<DIV><SPAN class=338442416-06092006><FONT face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=338442416-06092006><FONT face=Arial size=2>I hope everyone has
a good Wednesday.</FONT></SPAN></DIV>
<DIV><SPAN class=338442416-06092006><FONT face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=338442416-06092006><FONT face=Arial
size=2>Jonna</FONT></SPAN></DIV></BODY></HTML>