WebJun 3, 2024 · Federal Family Education Loan (FFEL) ... Federal Family Education Loan Program Special Allowance Rates for the Quarter Ending March 31, 2024. 2024-04-08. FY 2024 Draft Cohort Default Rates Distributed Feb. 22, 2024 (EA ID: LOANS-21-03) 2024-02-22. Streamlined Loan Death Discharges Options (EA ID: LOANS-21-04) WebPayment of special allowance on FFEL loans. § 682.303 [Reserved] § 682.304: Methods for computing interest benefits and special allowance. § 682.305: ... The applicable interest rates for FFEL Program loans are given in paragraphs (a)(1) through and of this section. …
UNITED STATES DEPARTMENT OF EDUCATION OFFICE OF …
WebJun 30, 2024 · For the quarter ending June 30, 2024, the average rate used to compute special allowance will be 0.37 percent. Treasury Bill Rate. The Treasury Bill Rate is “the average of the bond equivalent rates of the 13-week Treasury bills as published by the Department of the Treasury.” For the quarter ending June 30, 2024, the average of the … Webas a special allowance payment which ensures a guaranteed rate of return on FFEL student loans. The lenders were now given the option to change the calculation basis … buttermilk natick
34 CFR § 682.302 - Payment of special allowance on FFEL …
Web(4.15%) plus (2.2%) less (applicable interest rate) = annual special allowance rate. For IBR the SAP factor for the 3-month period factor is 0.015875. Applicable Annual Interest Rate Special Allowance at Annual Rate Special Allowance for 3-month Period 2.84% 0.0351 0.008775 Stafford loans (subsidized and unsubsidized) made on or after 7/1/1998 ... Webthe quarter. Attachments B & C contain the quarterly special allowance rates computed pursuant to section 438 of the Higher Education Act of 1965, as amended (the Act). … WebJun 30, 2024 · The London InterBank Offered Rate (LIBOR) rate is the average of the bond equivalent rates of the quotes of the 1-month in effect for each of the days in such … cedar bridge landscape supply