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FFELP Special Allowance Rates
In order to calculate special allowance, the Treasury Department publishes the following for each ending quarter:
- the average of the bond equivalent rates of the ninety-one day Treasury bills
- the average of the bond equivalent rates of the notes of the three-month commercial paper rates in effect for each of the days in each quarter
- the average of the bond equivalent rates of the quotes of the one-month London Interbank Offered Rate (LIBOR) in effect for each of the days in such quarter as compiled and released by the British Bankers Association
To view special allowance rates, visit the Department of Education's website.
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