Guidance Concerning Borrowers Affected by Storm Damage in Florida

The U.S. Department of Education (ED) recently issued a Dear Guaranty Agency Director (DGAD) letter, dated January 7, 1998, in response to the storm damage that occurred December 25 in Hernando, Hillsborough, Osceola, and Polk counties of Florida. Lenders and guaranty agencies should follow the guidelines established in the January 14, 1997 DGAD letter (see UHEAA Bulletin Volume 97-Issue 11).

If additional areas are designated by the President, ED will distribute a revised comprehensive list. Lenders and guaranty agencies may contact ED's toll-free number (800) 433-7327, Monday through Friday from 9:00 a.m. to 5:00 p.m. Eastern Time for further updates.

If you have questions regarding the DGAD letters, please contact the Policy and Training Department at (801) 321-7166.

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