FLORIDA DEPARTMENT OF EDUCATION OFFICE OF STUDENT FINANCIAL ASSISTANCE FEDERAL FAMILY EDUCATION LOAN PROGRAM LENDER ALERT OCTOBER 1998

Transcription

1 FLORIDA DEPARTMENT OF EDUCATION OFFICE OF STUDENT FINANCIAL ASSISTANCE FEDERAL FAMILY EDUCATION LOAN PROGRAM LENDER ALERT OCTOBER 1998 TERMINATED INSTITUTIONS The following educational institutions, located in Region IV, have been terminated from the Federal Family Education Loan Program by the United States Department of Education. Lenders are instructed to hold all undisbursed funds and to cease all origination activity for students attending these schools until instructed otherwise. Deferments and forbearances may be granted for students attending all of these schools. SCHOOLS TERMINATED Code Name of Institution Effective Date Reason Stenotype Institute of Jacksonville 500 Ninth Avenue North Jacksonville Beach, FL Dr. Milton C. Archer, (904) /11/98 Loss of eligibility/certification - Ownership change in process Saint Vincents Medical Center School of Medical Technology 1800 Barrs Street Jacksonville, FL Mr. Everett Devaney, (904) J. & M. Academy of Cosmetology 136 Brighton Park Boulevard Frankfort, KY Ms. Jimmie L. James, (502) /16/98 Loss of eligibility/certification - Voluntary withdrawal from Title IV Programs(s). 12/08/97 Loss of FFEL - Default Rate. 1

2 Huntsville Business Institute School of Court Reporting 4900 Corporate Drive, Suite G-1 Huntsville, AL Carl J. McGowan, (205) Stylemasters Beauty Academy 223 North Cumberland Street Lebanon, TN John B. Bryan, (615) Amherst Career Center 201 West Park Avenue Greenwood, MS John H. Biggar, (601) Amherst Career Center 330 North Mart Jackson, MS John H. Biggar, (601) American Flyers College 1401 Northeast 10th Street Pompano Air Park Pompano Beach, FL Byron L. Marvin, (954) Mitchell Cosmetology College 116 First Street, South P. O. Box 1829 Alabaster, AL Timothy L. Mitchell, (205) /30/98 Loss of eligibility/certification - Ownership change in process. 09/30/98 Loss of eligibility/certification - Voluntary withdrawal from Title IV Program(s). 09/15/98 Loss of eligibility/certification - Voluntary withdrawal of accreditation. 09/15/98 Loss of eligibility/certification - Voluntary withdrawal of accreditation. 08/31/98 Loss of eligibility/certification - Ownership change in process. 07/03/98 Loss of eligibility/certification - Voluntary withdrawal of accreditation. 2

3 INACTIVATED The following educational institutions have been inactivated from the Florida Federal Family Education Loan Program by the Florida Department of Education, Office of Student Financial Assistance. The educational institutions listed below have had zero loan volume with OSFA during the last twelve months. These educational institutions will need to be recertified by this office before future loan commitments will be made. Forbearance and deferments may be granted for students attending these schools. SCHOOLS INACTIVATED OPE ID# NAME DATE INACTIVATED xxxxxxxxxx xxxxxxxxxxxxxx xx/xx/ NEWLY ELIGIBLE The following educational institutions, located in Region IV, have recently been approved by the United States Department of Education for the Federal Family Education Loan Program. The Florida FFELP will only honor requests to guarantee loans for those institutions indicated with an (*) asterisk. Deferments and forbearances may be granted for students attending all of these schools. Education, OSFA s Program Eligibility and Compliance Unit (850) NEWLY ELIGIBLE SCHOOLS Code Name of Institution Effective Date XXXXXXXX xx/xx/xx 3

4 REACTIVATION/REAPPROVED The following educational institutions, located in Region IV, have been reactivated by the United States Department of Education for participation in the Federal Family Education Loan Program. The Florida FFELP will not honor requests to guarantee loans. Deferments and forbearances may be granted for students attending these schools. Lenders are instructed to check with OSFA if students wish to obtain a loan for attending these schools. Further information regarding this matter may be obtained by calling the Florida Department of REACTIVATION/REAPPROVED Code Name of Institution Effective Date State Bevill State Community College 09/15/98 AL CHANGE OF ADDRESS The following educational institutions, located in Region IV, have had address changes reported to the Federal Family Education Loan Program. FFELP will only honor requests to guarantee loans for those indicated with an (*) asterisk. Deferments and forbearances may be granted for students attending all of these schools. CHANGE OF ADDRESS Code Name of Institution Effective Date Alcorn State University 1000 ASU Drive P. O. Box 509 Lorman, MS Dr. Clinton Bristow, Jr., (601) /11/ Florence - Darlington Technical College Highway 52 P. O. Box Florence, SC /11/98 4

5 Dr. Charles W. Gould, (803) Tennessee Academy of Cosmetology 7041 Highway 64, Suite 101 Memphis, TN Barbara Cohen, (901) Ultrasound Diagnostic School Southside Boulevard Jacksonville, FL Richard C. Tfenniger, Jr., (305) Ultrasound Diagnostic School Additional Location 675 US Route 1 South Plaza One at Gill Lane Iselin, NJ /28/98 09/28/98 09/28/98 CHANGE OF NAME The following educational institutions, located in Region IV, have had name changes reported to the Florida Family Education Loan Programs. FGLP will only honor requests to guarantee loans for those indicated with an (*) asterisk. Deferments and forbearances may be granted for students attending all of these schools. CHANGE OF NAME Code Name of Institution Effective Date FROM: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx TO: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xx/xx/xx 5

6 PENDING INSTITUTIONS The following educational institutions have recently applied for approval with the Florida Federal Family Education Loan Program. FFELP will not honor requests to guarantee loans for these institutions at this time. Deferments and forbearance may be granted for students attending all of these schools. According to Dear Colleague GEN-92-21, Part IV, Provisions Effective July 1, 1993, Section B,... As previously noted, effective on enactment of the Amendments, for purposes of an in-school deferment, an eligible institution is defined as including any institution, whether it is participating in any Title IV program or has lost its eligibility to participate in the FFEL program because of a high default rate. If an institution has never participated in the Title IV programs previously, the institution must request a determination from the Secretary that it satisfies the definition of an eligible institution prior to certifying borrower deferment forms. Lenders are instructed to check with OSFA if students wish to obtain a loan for attending these schools. Further information regarding this matter may be obtained by calling the Florida Department of PENDING APPROVAL WITH FLORIDA Code Name of Institution State Adirondack College NY American Flyers College FL Canadian Bible College Canada Hogeschool Enshede Netherlands xxxxxxxx Huntsville Business Institute AL Institute of Legal and Medical Professions FL International College FL Keiser Career Institute - Cooper City FL xxxxxxxx Kuaraf Beauty School FL Oxford College of Emory University GA Pueblo Community College CO Rose State College OK Teikyo Marycrest University IA Wake Forest, School of Medicine NC 6