06/03/2004

Federal Perkins Loan Service Cancellation Reimbursement

The Department of Education has released a Dear Partner Letter pertaining to the 2002-2003 Federal Perkins Loan Service Cancellation Reimbursement and Payment Letter. The letter asks and answers questions relating to the service cancellation reimbursement for the Federal Perkins Loan Program. Some questions include when will the reimbursement be issued and how did the Department of Education calculate the amount of the reimbursement.

The full text of the letter can be read at http://www.ifap.ed.gov/dpcletters/CB0407.html.