DLB-08-08: 2008 HHS Poverty Guidelines And Income Percentage Factors
Publication Date:
March 18, 2008
Bulletin ID: DLB-08-08
Summary: 2008 HHS
Poverty Guidelines and Income Percentage Factors
Attached are the
2008 U.S. Department of Health and Human Services (HHS) Poverty Guidelines
and the 2008 Income Percentage Factors. The HHS Poverty Guidelines and
the Income Percentage Factors are used to calculate a borrower's payment
amount under the Income Contingent Repayment Plan. For this purpose, the
2008 HHS Poverty Guidelines and Income Percentage Factors will become
effective on July 1, 2008.
The HHS Poverty Guidelines
are also used in some cases when determining a borrower's eligibility
for an Economic Hardship Deferment. For deferment purposes, the 2008 HHS
Poverty Guidelines are effective immediately.
Thank you for your
ongoing partnership in the Direct Loan Program.
Sincerely,
William Leith
Acting General Manager, Application, Operations and Delivery Services