| To: | COHEAO Membership |
| From: | Andrew Stringer, Washington DC Staff |
The House Appropriations Subcommittee on Labor, Health and Human Services and Education marked-up their FY2005 appropriations bill this morning. This bill allocates funding for the Perkins Loan Program. The House Subcommittee has voted to zero out the Federal Capital Contribution and to fund loan cancellations at $66.7 million, the same amount that was appropriated for FY2004. The Senate has not yet marked-up the equivalent FY2005 bill. We will continue to provide updates when more information is available.