[Federal Register Volume 62, Number 114 (Friday, June 13, 1997)]
[Notices]
[Page 32449]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-15585]



  Federal Register / Vol. 62, No. 114, Friday, June 13, 1997 / 
Notices  

DEPARTMENT OF AGRICULTURE

Rural Utilities Service


Distance Learning and Telemedicine Loan and Grant Program

AGENCY: Rural Utilities Service, USDA.

ACTION: Notice; maximum amount of financial assistance available and 
minimum number of points required for a loan.

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SUMMARY: The rural Utilities Service is announcing the maximum amount 
of financial assistance to be made available to an individual 
recipient, and the minimum number of points required for a loan 
application to be immediately processed for fiscal year (FY) 1997 for 
the Distance Learning and Telemedicine Loan and Grant Program.

EFFECTIVE DATE: June 13, 1997.

SUPPLEMENTARY INFORMATION: In accordance with 7 CFR 1703.108, RUS has 
determined the maximum amount of an application for a grant that will 
be considered for funding during FY 1997 as $300,000, and the maximum 
amount for a loan that will be considered for funding during FY 1997 as 
$3,000,000.
    RUS has also determined that for FY 1997 the minimum number of 
points required for a loan application to be immediately processed is 
94 points (7 CFR 1703.113). Only completed applications meeting the 
minimum points requirement and determined by RUS to be feasible will be 
immediately processed.

    Authority: 7 U.S.C. 901 et seq. and 950aaa et seq., Pub. L. 103-
354, 108 Stat 3178 (7 U.S.C. 6941 et seq.).

    Dated: June 10, 1997.
Wally Beyer,
Administrator, Rural Utilities Service.
[FR Doc. 97-15585 Filed 6-12-97; 8:45 am]
BILLING CODE 3410-15-M