Quarter: September 2001
October 2, 2001
SUBJECT: Federal Family Education Loan Program Special Allowance Rates for the Quarter Ending September 30, 2001
The Treasury Department has informed me that the average of the bond equivalent
rates of the ninety-one day Treasury bills auctioned during the quarter ending
September 30, 2001, is 3.35 percent. Further, the average of the bond
equivalent rates of the quotes of the 3-month commercial paper (financial) rates
in effect for each of the days in the quarter ending September 30, 2001,
is 3.41 percent.
Attachment A contains the bond equivalent rates of the 91-day Treasury Bills auctioned during the quarter. Attachments B, C & D contain the quarterly special allowance rates computed pursuant to section 438 of the Higher Education Act of 1965, as amended (the Act).
[signed]
Angela Roca-Baker
Financial Management
Financial Partners
Attachments