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How was the service (teacher) cancellation payment determined?

April 26, 2017cancellation payment service Teacher

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How was the service (teacher) cancellation payment determined?

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The service cancellation payment was calculated using FISAP Part III, Section A data. The cumulative service cancellation amounts of loan principle and interest from the FISAP minus the cumulative service cancellation reimbursement amount to date represents what the Department has left to reimburse the school.