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OGSLP Online News

June 5 , 2002

OGSLP Online News is sponsored and operated by the Oklahoma Guaranteed Student Loan Program, a division of the Oklahoma State Regents for Higher Education. This electronic newsletter provides information to schools and lenders participating in the Federal Family Education Loan Program.

OGSLP Conference Promises Something for Everyone: Many have already registered for OGSLP's 4th Annual School/Lender Conference scheduled for June 20th at the Meridian Convention Center. The conference promises to be a day full of learning and fun for all attendees. Paper registration forms and final planned agendas are being mailed to clients.

New Interest Rates: The U.S. Department of Education (ED) has announced new interest rates that are the lowest in the history of student loans. Following are the new interest rates for FFELP Loans disbursed on or after July 1, 1998, for the period July 1, 2002 to June 30, 2003.

New Total and Permanent Disability Discharge Procedures: The good news is that the U.S. Department of Education (ED) has recently released a Dear Colleague Letter (GEN-02-03) outlining the new total and permanent disability procedures effective with disability preliminary determinations made by the lender/loan holder on or after July 1, 2002. The disappointing news is that the revised total and permanent disability discharge request form is not yet available. The student loan industry has developed a new information sheet (Supplemental Information for the Total and Permanent Disability Cancellation Request) to supplement the Total and Permanent Disability Cancellation Request form to provide borrowers with July 1, 2002, changes during this interim period until the revised form is available.

WhizKid Update: In this article, you will find information about the following:
1. Sallie Mae's E-mail Address and Public Key are Changing
2. 2002-2003 ISIR Transition Utility Installation Instructions

Mapping Your Future Chat Event: Following is a press release from the Oklahoma State Regents for Higher Education regarding an upcoming Mapping Your Future chat event on June 13, 2002.

OGSLP Annual Conference
June 20, 2002
Meridian Convention Center,
Oklahoma City

Online Registration Available Now!



If you have any questions regarding these articles, please contact OGSLP's Client Relations Department at
(405) 234-4329 or (800) 247-0420.

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