From: Piper, Pat (ppiper@ufl.edu)
Date: Fri Sep 28 2001 - 12:46:14 EDT
Here is Pam Moran's response, which states that "should" means "must", just
as Julie suggested.
Pat Piper
Administrative Services Coordinator
University of Florida
University Financial Services
S-113 Criser Hall, PO Box 114050, Gainesville, FL 32611
(352) 392-0766 Fax: (352) 392-3448
<mailto:ppiper@ufl.edu>ppiper@ufl.edu
>-----Original Message-----
>From: Moran, Pamela [mailto:Pamela.Moran@ed.gov]
>Sent: Friday, September 28, 2001 12:26 PM
>To: 'Piper, Pat'
>Cc: Baker, Jeff
>Subject: RE: [lms] Re: Administrative forbearance
>
>GEN 01-11
>Forbearance:
>Those who reside or work in the designated disaster area of N.Y.C. ---
>"should" means "must".
>
>Other affected borrowers --- "should" means "must" but only if the
>borrower, his family, or another reliable source on behalf of the borrower
>requests this relief.
>
>Ceasing Collection on Defaulted Borrowers:
>
>In the designated disaster area--- "optional" for the school to cease
>collection efforts. If school decides to do so, no request required and
>should be done across the board for residents and those working(if you can
>identify them)in NYC. This includes all defaulters, including those
>making rehabilitation and satisfactory repayment arrangement payments.
>
>Other affected borrowers---- "optional" for the school and only upon request.
>
>GEN 01-13 (Military)
>
>Forbearance:
>
>"Must" grant forbearance upon request of borrower, the borrower's family,
>or another reliable source on behalf of the borrower for the period of
>service, initially a 12-month period beginning on the beginning date of
>the active duty service.
>
>Borrowers in Default:
>
>"Must" cease collection activities upon notification that the borrower has
>been called to active service. The initial period specified begins with
>the first date of active duty service and ends on September 14, 2002 (goes
>through that date).
>
>
>
>
>
>-----Original Message-----
>From: Piper, Pat [<mailto:ppiper@ufl.edu>mailto:ppiper@ufl.edu]
>Sent: Friday, September 28, 2001 11:37 AM
>To: Pam Moran (E-mail)
>Subject: FW: [lms] Re: Administrative forbearance
>
>Pam, I was tempted to post the email you sent me but upon review you said
>"We did not establish timelines for processing the forbearance and the
>sending the notifications, but would appreciate it being done expeditiously
>once you have the zipcodes".
>
>It looks like a lot of schools are interpreting the DCL as NOT mandatory.
>Your email says "would appreciate it". Will you please clarify this? We
>are meeting this afternoon regarding this and need to know how to proceed.
>Is it mandatory that schools process these forbearances?
>
>Pat Piper
>Administrative Services Coordinator
>University of Florida
>University Financial Services
>S-113 Criser Hall, PO Box 114050, Gainesville, FL 32611
>(352) 392-0766 Fax: (352) 392-3448
>ppiper@ufl.edu <<mailto:ppiper@ufl.edu>mailto:ppiper@ufl.edu>
>
> > -----Original Message-----
> > From: Jim Keating
> [<mailto:KEATING@andy.lan.ksu.edu>mailto:KEATING@andy.lan.ksu.edu]
> > Sent: Friday, September 28, 2001 11:32 AM
> > To: LMS Mailing List
> > Subject: [lms] Re: Administrative forbearance
> >
> >
> > Date sent: 28 Sep 2001 11:19:48 EDT
> > From: Ronald.L.Hiser@Dartmouth.EDU (Ronald L. Hiser)
> > Subject: [lms] Re: Administrative forbearance
> > To: "LMS Mailing List" <lms@listserv.unc.edu>
> > Send reply to: "LMS Mailing List" <lms@listserv.unc.edu>
> >
> >
> > I agree with Ronald. Kansas State University is not automatically
> > granting forbearances for people in the NY area. We will certainly
> > grant them if requested, but I think granting forbearances for
> > everyone in the area will be granting them to a lot of people who do
> > not want them. The Dept of Ed said forbearances "should" be
> > granted. They did not say "must be granted".
> >
> > What are most of you out there doing?
> >
> > Jim Keating
> >
> > > --- Jeffrey Dulywrote:
> > > Regarding this forbearance we are to grant without request
> > for Perkins
> > > borrowers, I suppose New Yorkers who are in rehab will have
> > to continue to make
> > > their payments, eh? I'm surprised the Ed hasn't suspended
> > rehab for these
> > > folks.
> > >
> > > How about schools with institutional loans? What are y'all
> > doing on those?
> > > --- end of quote ---
> > > I wondered the same about rehab but until we have a
> > borrower ask I am not making any calls. We only have half a
> > dozen even trying to rehab.
> > >
> > > We are sending a letter to all borrowers in repayment
> > telling them of the federal loan benefits and offering the
> > same benefits for all of our institutional funds. We are also
> > offering assistance to anyone impacted by the attacks.
> > >
> > > We are not granting automatic forbearances since we feel
> > most people will not be affected financially by the attacks
> > and also they will not want to incur additional interest
> > costs. Plus we feel why put in the 500 forbs and then have to
> > remove them later.
> > >
> > >
> > > Ronald L. Hiser, Jr.
> > > Director, Loan Office
> > > Dartmouth College
> > > PO BOX 148
> > > Hanover, NH 03755-0148
> > >
> > > (603) 646-3291
> > > (603) 646-3455 fax
> > >
> > > Loan Office Website: www.dartmouth.edu/~loans
> > >
> > >
> > ===========================================================To
> > post to the LMS List, send email to: lms@listserv.unc.edu
> > >
> > ===========================================================Acc
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> >
> >
> >
> >
> > --------------------------------------------------------
> > James A. Keating
> > Kansas State University
> > Controller's Office
> > Room 211 Anderson Hall
> > Manhattan, KS 66506
> > (785) 532-6204
> >
> > ============================================================
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