ED Form 1207 Updated
 
    The U.S. Department of Education (ED) recently released a Dear Colleague Letter (DCL), dated September 2000, announcing that the Lender's Application for Payment of Insurance Claim (ED Form 1207) has been updated to incorporate the expiration date of December 31, 2001.  ED Form 1207 is used to request payment of a claim for a borrower with a Federal Insured Student Loan (FISL) under the following categories: default, death, permanent and total disability, bankruptcy, closed school, and false certification.  Effective November 1, 2000, the old form will be obsolete and all claim submissions should be filed using the revised form.  Any resubmissions of previously rejected claims should also be submitted on the new form.
 
    Questions regarding this DCL may be directed to ED's Financial Management Division at (202) 708-9776 or by e-mail at OSFA_LR@ed.gov.  A copy of the DCL can found on ED's web site at http://www.ed.gov/offices/OSFAP/IGAL/index.html by clicking on "What's New."  A copy of ED Form 1207 can also be found on this web site by clicking on "Lender Reporting."  If you are unable to access this web site and would like a hard copy of this DCL or ED Form 1207, please contact Stacey Roberts at (801) 321-7211.  Any questions regarding this Bulletin can be directed to the UHEAA Policy and Training Department at (801) 321-7166 or by e-mail at cjudd@utahsbr.edu.