[Lender] Special Allowance Rates

[GSL Communications]

The Department of Education (ED) has released the special allowance
rates for the quarter ending December 31, 2007. The average of the bond
equivalent rates of the 91-day Treasury bills auctioned during the
quarter ending December 31, 2007 is 3.59 percent. 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 the quarter ending
December 31, 2007 is 4.92 percent. 
Below is a link to 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! 

http://www.fp.ed.gov/fp/attachments/interest/SAPmemo-1-2008.wrd.doc


Communications
OGSLP
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gslcommunications at ogslp.org 
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