01/26/98: Office of Postsecondary Education; Availability of the Federal Perkins Loan and National Direct Student Loan Programs Directory of Designated Low-Income Schools for Teacher Cancellation Benefits for the 1997-98 School Year; Notice [OPE]


[Federal Register: January 26, 1998 (Volume 63, Number 16)]
[Notices]               
[Page 3789-3790]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr26ja98-131]


[[Page 3789]]

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Part II

Department of Education

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Office of Postsecondary Education; Availability of the Federal Perkins
Loan and National Direct Student Loan Programs Directory of Designated 
Low-Income Schools for Teacher Cancellation Benefits for the 1997-98 
School Year; Notice


[[Page 3790]]



DEPARTMENT OF EDUCATION

[CFDA No. 84.037]

 
Office of Postsecondary Education; Availability of the Federal 
Perkins Loan and National Direct Student Loan Programs Directory of 
Designated Low-Income Schools For Teacher Cancellation Benefits For the 
1997-98 School Year

ACTION: Notice of availability of the Federal Perkins Loan and National 
Direct Student Loan Programs Directory of Designated Low-Income Schools 
for Teacher Cancellation Benefits for the 1997-98 School Year.

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SUMMARY: The Secretary announces that the 1997-98 Federal Perkins Loan 
and National Direct Student Loan Programs Directory of Designated Low-
Income Schools (Directory) is now available. Under the Federal Perkins 
Loan and National Direct Student Loan programs, a borrower may have 
repayment of his or her loan deferred and a portion of his or her loan 
canceled if the borrower teaches full-time for a complete academic year 
in a designated elementary or secondary school having a high 
concentration of students from low-income families. In the 1997-98 
Directory, the Secretary lists, on a State-by-State and Territory-by-
Territory basis, the schools in which a borrower may teach during the 
1997-98 school year to qualify for deferment and cancellation benefits.

DATES: The Directory is currently available.

ADDRESSES: Information concerning specific schools listed in the 
Directory may be obtained from Sherraine Green, Systems Administration 
Branch, Campus-Based Programs Systems Division, Office of Postsecondary 
Education, U.S. Department of Education, 600 Independence Avenue, SW., 
(Regional Office Building 3, Room 4621), Washington, DC 20202-5447, 
Telephone (202) 708-5182. Information concerning deferment and 
cancellation of a National Direct or Federal Perkins loan may be 
obtained from Sylvia Ross or Gail McLarnon, Program Specialists, 
Campus-Based Loan Programs Section, Loans Branch, Policy Development 
Division, Office of Postsecondary Education, U.S. Department of 
Education, 600 Independence Avenue, SW., (Regional Office Building 3, 
Room 3045), Washington, DC 20202-5447, Telephone (202) 708-8242. 
Individuals who use a telecommunications device for the deaf (TDD) may 
call the Federal Information Relay Service (FIRS) at 1-800-877-8339 
between 8 a.m. and 8 p.m., Eastern time, Monday through Friday.
    Individuals with disabilities may obtain this document in an 
alternate format (e.g., Braille, large print, audiotape, or computer 
diskette) to the contact person listed in the preceding paragraph.

Electronic Access to This Document

    Anyone may view this document, as well as all other Department of 
Education documents published in the Federal Register, in text or 
portable document format (pdf) on the World Wide Web at either of the 
following sites:

http://ocfo.ed.gov/fedreg.htm
http://www.ed.gov/news.html

To use the pdf you must have the Adobe Acrobat Reader Program with 
Search, which is available free at either of the previous sites. If you 
have questions about using the pdf, call the U.S. Government Printing 
Office toll free at 1-888-293-6498.

FOR FURTHER INFORMATION CONTACT: Directories are available at (1) each 
institution of higher education participating in the Federal Perkins 
Loan Program, (2) each of the fifty-seven (57) State and Territory 
Departments of Education, (3) each of the major Federal Perkins Loan 
billing services, and (4) the U.S. Department of Education, including 
its regional offices.

SUPPLEMENTARY INFORMATION: The Secretary selects the schools that 
qualify the borrower for deferment and cancellation benefits under the 
procedures contained in the Federal Perkins Loan program regulation in 
34 CFR 674.53, 674.54 and 674.55.
    The Secretary has determined that, for the 1997-98 academic year, 
full-time teaching in the schools set forth in the 1997-98 Directory 
qualifies a borrower for deferment and cancellation benefits.
    The Secretary is providing the Directory to each institution 
participating in the Federal Perkins Loan Program. Borrowers and other 
interested parties may check with their lending institutions, the 
appropriate State or Territory Department of Education, regional 
offices of the Department of Education, or the Office of Postsecondary 
Education of the Department of Education concerning the identity of 
qualifying schools for the 1997-98 academic year. The Office of 
Postsecondary Education retains, on a permanent basis, copies of past 
Directories.

    Dated: January 14, 1998.
David A. Longanecker,
Assistant Secretary for Postsecondary Education.
[FR Doc. 98-1811 Filed 1-23-98; 8:45 am]
BILLING CODE 4000-01-P