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

Transcription

1 FLORIDA DEPARTMENT OF EDUCATION OFFICE OF STUDENT FINANCIAL ASSISTANCE FEDERAL FAMILY EDUCATION LOAN PROGRAM LENDER ALERT DECEMBER 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 Central Alabama Community College - Coosa Valley School of Nursing 315 West Hickory Street Sylacauga, AL James H. Cornell, (205) ext Palm Beach Community College Edward M. Eissay Campus 3160 PGA Boulevard Palm Beach Gardens, FL Dr. Dennis P. Gallon, (561) Rollins College 1460 Brickell Avenue Miami, FL Dr. Rita Bornstein, CEO/ President (407)

2 Tennessee Technical Center Memphis - Aviation Complex 4225 Airway Boulevard Memphis, TN Russell Shelton, (901) Roanoke Chowan Community College - Odom Correctional Institution Route 1, Box 36 Jackson, NC Harold E. Mitchell, (919) Louisville Technical Institute 3101 Bardstown Road Lousiville, KY Alva R. Sullivan, (502) Brown College of Court Reporting Brown Reporting School, Inc Peachtree Street Atlanta, GA Jim Waldman, (404) ext Brown College of Court Reporting Brown Reporting School, Inc Peachtree Street Atlanta, GA Jim Waldman, (404) ext Ultrasound Diagnostic School 6575 West Loop South Suite 200 Bellaire, TX Randy Proto, (305) Disapproved as an additonal 2

3 Keer Business College Additional location 2175 Northlake Parkway #4 Atlanta, GA Delta Beauty College 697 Mainstream Mall Greenville, MS Louise Teague, (601) Carey Technical Institute Additional location 9850 Datura/17226 Perrine Perrine, FL Barabare Carey, Owner Amherst Career Center 201 West Park Avenue Greenwood, MS /20/89 School closure date changed from blank to 12/20/89. 11/25/98 Loss of eligibility/certification - change of ownership in process. 06/30/89 School closure date changed from 11/17/89 to 03/30/89. The Florida Department of Education, Nonpublic Career Education requested this change based on student inquiries and research. 10/15/98 School closed. School has a $5, performance bond. 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 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xx/xx/ 3

4 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 (XXX) XXX-XXXX XX/XX/XX 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 xxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xx/xx/xx xx 4

5 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 St. Joseph Hospital School of Nursing 1003 Monroe Avenue Memphis, TN Stephen C. Reynolds (901) /18/98 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: Wake Forest University - Bowman Gray School of Medicine TO: Wake Forest University School of Medicine FROM: Wake Forest Univeristy - Charlotte MBA Program TO: Wake Forest University Charlotte MBA Program 12/03/98 12/03/98 5

6 FROM: Northwood University - Florida Campus TO: Northwood Univeristy - Florida Campus Outreach Center FROM: Trident Technical College - Palmer Campus TO: Trident Technical College Palmer Campus FROM: Trident Technical College - Bearkeley Campus TO: Trident Technical College Berkeley Campus 12/18/98 12/04/98 12/04/98 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 American Flyers College FL Canadian Bible College Canada 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 Manhattan Beauty School FL Mississippi Gulf Coast Community College MS 6

7 Oxford College of Emory University GA Pueblo Community College CO Rose State College OK Wake Forest, School of Medicine NC 7