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FEB
2 7 1998
To:
Lenders, holders, and servicers participating in the Health Education Assistance
(HEAL) Program
Subject:
Amendment to Lender Policy Memorandum L-1998-3 on Borrower Loan Status (BLS)
Lender Policy Memorandum L- 1998-8
The
HEAL Program has been in the midst of converting from a mainframe computer
database system to a client-server database system. All of the necessary data
files have not been transferred to the new client-server system at this time.
Therefore, it is necessary to again delay the implementation date of the new
Borrower Loan Status guidelines. The first reporting period will now be for
the period ending July 30, 1998 with the first monthly report to be submitted
to the HEAL Program on or before August 10, 1998.
We apologize for any inconvenience
this may cause your organization, but hope you will bear with us. If you have
any questions, please contact Ms. Terri Ehrenfeld or Ms. Denise Sorrell of the
HEAL Program at (301) 443-1540.
Stephen J. Boehlert
Associate Division Director, HEAL
Division of Student Assistance
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