[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. ----------------------------------------------------------------------- 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