Annual Notice of Interest Rates of Federal Student Loans Made Under the William D. Ford Federal Direct Loan Program on or After July 1, 2013, 59011-59012 [2013-23362]

Download as PDF Federal Register / Vol. 78, No. 186 / Wednesday, September 25, 2013 / Notices DEPARTMENT OF DEFENSE DEPARTMENT OF ENERGY Department of the Army Improving Performance of Federal Permitting and Review of Infrastructure Projects Information on Surplus Land at a Military Installation Designated for Disposal: Ernest Veuve Hall USARC/ AMSA 75, T–25, Fort Missoula, Montana AGENCY: Department of the Army, DoD. On August 29, 2013, the U.S. Department of Energy (DOE) published a Request for Information seeking SUMMARY: This amended notice provides information on a draft Integrated, Interagency Pre-Application (IIP) information on withdrawal of surplus Process for significant onshore electric property at the Ernest Veuve Hall USARC/AMSA 75, T–25, Fort Missoula, transmission projects requiring Federal Montana. This notice amends the Notice authorizations. This notice announces an extension of the public comment published in the Federal Register on period for submitting comments May 9, 2006 (71 FR 26930). regarding the IIP Process. DATES: Effective September 10, 2013 DATES: The comment period for the request for information seeking FOR FURTHER INFORMATION CONTACT: information on a draft IIP Process Headquarters, Department of the Army, published August 29, 2013 (78 FR Assistant Chief of Staff for Installation 53436) is extended to October 31, 2013. Management, Base Realignment and ADDRESSES: Comments should be Closure (BRAC) Division, Attn: DAIM– addressed to: Julie A. Smith or BD, 600 Army Pentagon, Washington Christopher Lawrence, Office of DC 20310–0600, (703) 545–1318. For Electricity Delivery and Energy information regarding the specific Reliability, Mail Code: OE–20, U.S. property listed below, contact the Army Department of Energy, 1000 BRAC Division at the mailing address Independence Avenue SW., above or at ArmyBRAC2005@ Washington, DC 20585. Because of hqda.army.mil. delays in handling conventional mail, it is recommended that documents be SUPPLEMENTARY INFORMATION: In 2005, transmitted by electronic mail to the Ernest Veuve Hall USARC and juliea.smith@hq.doe.gov or AMSA75 were designated for closure christopher.lawrence@hq.doe.gov, or by under the authority of the Defense Base facsimile to 202–586–7031. Closure and Realignment Act of 1990, FOR FURTHER INFORMATION CONTACT: Julie Pub. L. No. 101–510, as amended. On A. Smith at 202–586–7668, or by email May 9, 2006, the Department of Army to juliea.smith@hq.doe.gov; or published a Notice in the Federal Christopher Lawrence at 202–586–7680, Register (71 FR 26930) that property at or by email to christopher.lawrence@ this installation was declared surplus to hq.doe.gov. the needs of the Federal Government. SUPPLEMENTARY INFORMATION: On August Property previously reported as surplus 29, 2013, the DOE’s Office of Electricity is now required by the Federal Delivery and Energy Reliability (OE), in Government for United States Forest collaboration with the Member Agencies Service operations and National Guard of the Steering Committee created under Bureau activities. Executive Order 13604 of March 22, Surplus Property List: 2012, Improving Performance of Federal Permitting and Review of Infrastructure Deletion: Ernest Veuve Hall USARC/ Projects, published a Request for AMSA 75, T–25, Fort Missoula. Information (RFI) in the Federal Authority: This action is authorized by the Register (78 FR 53436) seeking Defense Base Closure and Realignment Act of information on a draft IIP Process for 1990, Pub. L. 101–510, as amended. significant onshore electric transmission Dated: August 28, 2013. projects requiring Federal Paul D. Cramer, authorizations. This RFI seeks public input on a draft Deputy Assistant Secretary of the Army IIP Process intended to improve (Installations, Housing and Partnerships). interagency and intergovernmental [FR Doc. 2013–23332 Filed 9–24–13; 8:45 am] coordination focused on ensuring that BILLING CODE 3710–08–P proponents of transmission projects develop and submit accurate and ACTION: mstockstill on DSK4VPTVN1PROD with NOTICES Office of Electricity Delivery and Energy Reliability, Department of Energy. ACTION: Extension of comment period. AGENCY: SUMMARY: Notice. VerDate Mar<15>2010 17:20 Sep 24, 2013 Jkt 229001 PO 00000 Frm 00021 Fmt 4703 Sfmt 4703 59011 complete information early in the project planning process to facilitate efficient and timely environmental reviews and agency decisions. Comments on the draft IIP Process were originally due on September 30, 2013, but several interested parties requested an extension of the 30-day comment period given the complexity of the issues, the importance of the draft IIP Process for future electric transmission projects, and the need to engage all stakeholders. As a result, OE is extending the comment period until October 31, 2013. Issued in Washington, DC, September 20, 2013. Patricia A. Hoffman, Assistant Secretary, Office of Electricity Delivery and Energy Reliability. [FR Doc. 2013–23313 Filed 9–24–13; 8:45 a.m.] BILLING CODE 6450–01–P DEPARTMENT OF EDUCATION Annual Notice of Interest Rates of Federal Student Loans Made Under the William D. Ford Federal Direct Loan Program on or After July 1, 2013 Federal Student Aid, Department of Education. ACTION: Notice. AGENCY: Catalog of Federal Domestic Assistance (CFDA) Number: 84.268. This notice is effective September 25, 2013. SUMMARY: The Chief Operating Officer for Federal Student Aid announces the interest rates for loans made under the William D. Ford Federal Direct Loan (Direct Loan) Program on or after July 1, 2013, through June 30, 2014. FOR FURTHER INFORMATION CONTACT: Ian Foss, U.S. Department of Education, 830 First Street NE., room 114I1, Washington, DC 20202. Telephone: (202) 377–3681 or by email: ian.foss@ ed.gov. If you use a telecommunications device for the deaf (TDD) or a text telephone (TTY), call the Federal Relay Service (FRS), toll free, at 1–800–877– 8339. Individuals with disabilities can obtain this document in an accessible format (e.g., braille, large print, audiotape, or compact disc) on request to the contact person listed under FOR FURTHER INFORMATION CONTACT. SUPPLEMENTARY INFORMATION: Section 455(b) of the Higher Education Act of 1965, as amended (HEA) (20 U.S.C. 1087e(b)), provides formulas for determining the interest rates charged to borrowers for loans made under the DATES: E:\FR\FM\25SEN1.SGM 25SEN1 59012 Federal Register / Vol. 78, No. 186 / Wednesday, September 25, 2013 / Notices Direct Loan Program including: Federal Direct Subsidized Stafford Loans (Direct Subsidized Loans); Federal Direct Unsubsidized Stafford Loans (Direct Unsubsidized Loans); Federal Direct PLUS Loans (Direct PLUS Loans); and Federal Direct Consolidation Loans (Direct Consolidation Loans). Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans first disbursed on or after July 1, 2013, have a fixed interest rate that is calculated based on the high yield of the 10-year Treasury notes auctioned at the final auction held before June 1 of each year, plus a statutory add-on percentage. Therefore, while the interest rate determination for new loans will be different from year to year, such loans will have a fixed interest rate for the life of the loan. In each case, the calculated rate is capped by a maximum interest rate. The following chart contains specific information on the calculation of the interest rates for Direct Loans first disbursed on or after July 1, 2013, and through June 30, 2014. We publish a separate notice containing the interest rates for Direct Loans that were made in prior years. FIXED-RATE DIRECT SUBSIDIZED LOANS, DIRECT UNSUBSIDIZED LOANS, AND DIRECT PLUS LOANS FIRST DISBURSED ON OR AFTER 7/1/2013 AND THROUGH 6/30/2014 Cohort Loan type Student grade level Subsidized ........................ Unsubsidized .................... Unsubsidized .................... Undergraduates ................ Undergraduates ................ Graduate/Professional Students. Parents of Dependent Undergraduates. Graduate/Professional Students. PLUS ................................. mstockstill on DSK4VPTVN1PROD with NOTICES PLUS ................................. If an application for a Direct Consolidation Loan is received by the Department on or after July 1, 2013, the interest rate on that loan is the weighted average of the consolidated loans, rounded up to the nearest higher 1⁄8 of 1 percent. Such Direct Consolidation Loans do not have an interest rate cap. Electronic Access to This Document: The official version of this document is the document published in the Federal Register. Free Internet access to the official edition of the Federal Register and the Code of Federal Regulations is available via the Federal Digital System at: www.gpo.gov/fdsys. At this site you can view this document, as well as all other documents of this Department published in the Federal Register, in text or Adobe Portable Document Format (PDF). To use PDF you must have Adobe Acrobat Reader, which is available free at the site. You may also access documents of the Department published in the Federal Register by using the article search feature at: www.federalregister.gov. Specifically, through the advanced search feature at this site, you can limit your search to documents published by the Department. Program Authority: 20 U.S.C. 1087 et seq. Dated: September 20, 2013. James W. Runcie, Chief Operating Officer, Federal Student Aid. [FR Doc. 2013–23362 Filed 9–24–13; 8:45 am] BILLING CODE 6450–01–P VerDate Mar<15>2010 17:20 Sep 24, 2013 Jkt 229001 First disbursed on/after Index rate First disbursed before 10-Year treasury note Max. rate (percent) 7/1/2014 7/1/2014 7/1/2014 1.81 1.81 1.81 2.05 2.05 3.60 3.86 3.86 5.41 8.25 8.25 9.50 7/1/2013 7/1/2014 1.81 4.60 6.41 10.50 7/1/2013 7/1/2014 1.81 4.60 6.41 10.50 Wednesday, October 16, 2013 Environmental Management SiteSpecific Advisory Board Chairs AGENCY: Department of Energy. Notice of open meeting. This notice announces a meeting of the Environmental Management Site-Specific Advisory Board (EM SSAB) Chairs. The Federal Advisory Committee Act (Pub. L. 92– 463, 86 Stat. 770) requires that public notice of this meeting be announced in the Federal Register. SUMMARY: Wednesday, October 16, 2013, 8:00 a.m.–5:00 p.m.; Thursday, October 17, 2013, 8:00 a.m.–12:15 p.m. DATES: Deer Creek Lodge and Conference Center, P.O. Box 125, 22300 State Park Road 20, Mt. Sterling, OH 43143. ADDRESSES: FOR FURTHER INFORMATION CONTACT: Catherine Alexander, Designated Federal Officer, U.S. Department of Energy, 1000 Independence Avenue SW., Washington, DC 20585; Phone: (202) 586–7711. SUPPLEMENTARY INFORMATION: Purpose of the Board: The purpose of the Board is to make recommendations to DOE–EM and site management in the areas of environmental restoration, waste management, and related activities. Tentative Agenda Topics: PO 00000 2013–2014 Fixed rate (percent) 7/1/2013 7/1/2013 7/1/2013 DEPARTMENT OF ENERGY ACTION: Margin (percent) Frm 00022 Fmt 4703 Sfmt 4703 Æ EM Program Update Æ EM SSAB Chairs’ Round Robin: Topics, Achievements, and Accomplishments Æ EM Headquarters Budget Update Æ EM Headquarters Waste Disposition Strategies Æ Public Comment Period Thursday October 17, 2013 Æ DOE Headquarters News and Views Æ Educational Session: Life after EM Mission is Complete Public Participation: The EM SSAB Chairs welcome the attendance of the public at their advisory committee meetings and will make every effort to accommodate persons with physical disabilities or special needs. If you require special accommodations due to a disability, please contact Catherine Alexander at least seven days in advance of the meeting at the phone number listed above. Written statements may be filed either before or after the meeting with the Designated Federal Officer, Catherine Alexander, at the address or telephone listed above. Individuals who wish to make oral statements pertaining to agenda items should also contact Catherine Alexander. Requests must be received five days prior to the meeting and reasonable provision will be made to include the presentation in the agenda. The Designated Federal Officer is empowered to conduct the meeting in a fashion that will facilitate the orderly E:\FR\FM\25SEN1.SGM 25SEN1

Agencies

[Federal Register Volume 78, Number 186 (Wednesday, September 25, 2013)]
[Notices]
[Pages 59011-59012]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-23362]


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DEPARTMENT OF EDUCATION


Annual Notice of Interest Rates of Federal Student Loans Made 
Under the William D. Ford Federal Direct Loan Program on or After July 
1, 2013

AGENCY: Federal Student Aid, Department of Education.

ACTION: Notice.

-----------------------------------------------------------------------

Catalog of Federal Domestic Assistance (CFDA) Number: 84.268.


DATES: This notice is effective September 25, 2013.
SUMMARY: The Chief Operating Officer for Federal Student Aid announces 
the interest rates for loans made under the William D. Ford Federal 
Direct Loan (Direct Loan) Program on or after July 1, 2013, through 
June 30, 2014.

FOR FURTHER INFORMATION CONTACT: Ian Foss, U.S. Department of 
Education, 830 First Street NE., room 114I1, Washington, DC 20202. 
Telephone: (202) 377-3681 or by email: ian.foss@ed.gov.
    If you use a telecommunications device for the deaf (TDD) or a text 
telephone (TTY), call the Federal Relay Service (FRS), toll free, at 1-
800-877-8339.
    Individuals with disabilities can obtain this document in an 
accessible format (e.g., braille, large print, audiotape, or compact 
disc) on request to the contact person listed under FOR FURTHER 
INFORMATION CONTACT.

SUPPLEMENTARY INFORMATION: Section 455(b) of the Higher Education Act 
of 1965, as amended (HEA) (20 U.S.C. 1087e(b)), provides formulas for 
determining the interest rates charged to borrowers for loans made 
under the

[[Page 59012]]

Direct Loan Program including: Federal Direct Subsidized Stafford Loans 
(Direct Subsidized Loans); Federal Direct Unsubsidized Stafford Loans 
(Direct Unsubsidized Loans); Federal Direct PLUS Loans (Direct PLUS 
Loans); and Federal Direct Consolidation Loans (Direct Consolidation 
Loans).
    Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS 
Loans first disbursed on or after July 1, 2013, have a fixed interest 
rate that is calculated based on the high yield of the 10-year Treasury 
notes auctioned at the final auction held before June 1 of each year, 
plus a statutory add-on percentage. Therefore, while the interest rate 
determination for new loans will be different from year to year, such 
loans will have a fixed interest rate for the life of the loan. In each 
case, the calculated rate is capped by a maximum interest rate.
    The following chart contains specific information on the 
calculation of the interest rates for Direct Loans first disbursed on 
or after July 1, 2013, and through June 30, 2014. We publish a separate 
notice containing the interest rates for Direct Loans that were made in 
prior years.

     Fixed-Rate Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans First Disbursed on or After 7/1/2013 and Through 6/30/2014
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                     Cohort            Index rate
                                                                           ---------------------------------------               2013-2014
                 Loan type                        Student grade level          First        First       10-Year       Margin     Fixed rate   Max. rate
                                                                             disbursed    disbursed     treasury    (percent)    (percent)    (percent)
                                                                              on/after      before        note
--------------------------------------------------------------------------------------------------------------------------------------------------------
Subsidized.................................  Undergraduates...............     7/1/2013     7/1/2014         1.81         2.05         3.86         8.25
Unsubsidized...............................  Undergraduates...............     7/1/2013     7/1/2014         1.81         2.05         3.86         8.25
Unsubsidized...............................  Graduate/Professional             7/1/2013     7/1/2014         1.81         3.60         5.41         9.50
                                              Students.
PLUS.......................................  Parents of Dependent              7/1/2013     7/1/2014         1.81         4.60         6.41        10.50
                                              Undergraduates.
PLUS.......................................  Graduate/Professional             7/1/2013     7/1/2014         1.81         4.60         6.41        10.50
                                              Students.
--------------------------------------------------------------------------------------------------------------------------------------------------------

    If an application for a Direct Consolidation Loan is received by 
the Department on or after July 1, 2013, the interest rate on that loan 
is the weighted average of the consolidated loans, rounded up to the 
nearest higher \1/8\ of 1 percent. Such Direct Consolidation Loans do 
not have an interest rate cap.
    Electronic Access to This Document: The official version of this 
document is the document published in the Federal Register. Free 
Internet access to the official edition of the Federal Register and the 
Code of Federal Regulations is available via the Federal Digital System 
at: www.gpo.gov/fdsys. At this site you can view this document, as well 
as all other documents of this Department published in the Federal 
Register, in text or Adobe Portable Document Format (PDF). To use PDF 
you must have Adobe Acrobat Reader, which is available free at the 
site.
    You may also access documents of the Department published in the 
Federal Register by using the article search feature at: 
www.federalregister.gov. Specifically, through the advanced search 
feature at this site, you can limit your search to documents published 
by the Department.

    Program Authority:  20 U.S.C. 1087 et seq.

    Dated: September 20, 2013.
James W. Runcie,
Chief Operating Officer, Federal Student Aid.
[FR Doc. 2013-23362 Filed 9-24-13; 8:45 am]
BILLING CODE 6450-01-P
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