September 29, 1998
Volume 98 - Issue 83

 Guidance Concerning Borrowers Affected by Natural Disasters in Virginia, Florida, North Carolina, Texas, Wisconsin and Iowa

The U.S. Department of Education (ED) recently issued eleven Dear Guaranty Agency Director (DGAD) letters in response to the storm damage that occurred in Virginia, Florida, North Carolina, Texas, Wisconsin and Iowa. Lenders and guaranty agencies should follow the guidelines established in the January 14, 1997 DGAD letter (see UHEAA Bulletin Volume 97-Issue 11).

If additional areas are designated by the President, ED will distribute a revised comprehensive list. Lenders and guaranty agencies may contact ED's toll-free number (800) 433-7327, Monday through Friday from 9:00 a.m. to 5:00 p.m. Eastern Time for further updates.

Copies of the DGAD letters can be found on ED's web-site at http://ifap.ed.gov. If you are unable to access this web-site and would like copies of the DGAD letters, please contact Lynda Reid at (801) 321- 7211. If you have questions regarding the DGAD letters, please contact the Policy and Training Department at (801) 321-7166.