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Setup Instructions |
OCT 20 1995
To: Lenders Participating in the Health Education Assistance Loan (HEAL) Program
Subject: Termination of
Schools from participating in the HEAL program
Lender Policy Memorandum L-96-2
Section 708(b)(4) of the Public Health Service (PHS) Act requires that a student attending a school with a HEAL default rate greater than 20 percent is not eligible to receive a HEAL loan. Section 708(d)(3) of the PHS Act provides Historically Black Colleges and Universities (HBCUs) with a waiver of this provision until October 13, 1995.
Consistent with these provisions, and their continued default rate of greater than 20 percent, the HEAL program will terminate the following schools from the program effective October 13. 1995:
(SID 24642)
Howard University
College of Dentistry
600 W Street, N.W.
Washington, D.C. 20059(SID 24791)
Tuskegee University
School of Veterinary Medicine
Patterson Hall
Tuskegee, AL 36088
Any loans disbursed after October 12 will not be insured by the HEAL program.
If you have any questions regarding this policy memorandum, please contact Ms. Terri Ehrenfeld of the HEAL Branch at (301) 443-1540. Thank you.
Stephen J. Boehlert
Chief, HEAL Branch
Division of Student Assistance
