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<TITLE>Spring 2009 OTAG Awards</TITLE>
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<P><FONT FACE="Arial">Attached for your information is an updated spreadsheet that reflects OTAG awards paid to students in 2008-09, compared with end of year expenditures for 2007-08.</FONT> </P>
<P><FONT FACE="Arial">As of today, approximately $600,000 in 2008-2009 OTAG funds remain uncommitted. To qualify for our federal LEAP and SLEAP allocations, we must award this remaining $600,000 to eligible students before June 30 when the current award year ends. Our preference would be to expend these funds in the current spring semester. What we do depends, in part, on the value of award claims remaining to be submitted for spring based on current cutoffs. Until we have this information, we are unable to decide whether to move the EFC cutoff slightly above the current 1700, extend the FAFSA receipt date beyond the current cutoff of June 20, 2008, or both.</FONT></P>
<P><FONT FACE="Arial">While institutions have until April 10 to submit their final spring 2009 OTAG award claims, we ask that you submit any additional claims (based on current cutoffs) that you are aware of without delay. Particularly, if your institution has a significant number of additional students to claim for spring 2008, we need to hear from you right away.</FONT></P>
<P><FONT FACE="Arial">Please contact us if we can be of assistance. If your institution needs a current pre-populated Award Claim Form, please send e-mail to<U><B> </B></U></FONT><U><B><FONT COLOR="#0000FF" FACE="Arial">reports@otag.org</FONT></B></U><B></B><FONT FACE="Arial">.</FONT></P>
<P><FONT FACE="Arial" SIZE=2 COLOR="#000000"> <<OTAG Compare 0708_0809_032509.xls>> </FONT>
<BR><FONT SIZE=6 FACE="Script MT Bold">Shiela Joyner</FONT>
<BR><FONT FACE="Arial">Director, Oklahoma Tuition Aid Grant Program</FONT>
<BR><FONT FACE="Arial">Oklahoma State Regents for Higher Education</FONT>
<BR><FONT FACE="Arial">PO Box 108850</FONT>
<BR><FONT FACE="Arial">Oklahoma City, OK 73101-8850</FONT>
<BR><FONT FACE="Arial">Internet: sjoyner@otag.org</FONT>
<BR><FONT FACE="Arial">Voice: 405.225.9378 or Toll Free 877.662.6231</FONT>
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