Federal Regulations

New The Ensuring Continued Access to Student Loans Act of 2008
June 19, 2008 - U.S. Department of Education
Letter to FFEL Lenders from Education Secretary Margaret Spellings PDF icon  850 KB PDF
May 21, 2008 - The Secretary of Education
Change to Late Disbursement Regulations, Discontinuation of "Late" Late Disbursement Approval Process Effective July 1, 2008.
May 20, 2008 - U.S. Department of Education
Prohibited Inducements Added to Scope of Comprehensive Lender Reviews Required Under 34 CFR 682.41(c)(1) PDF icon  371 KB PDF
May 19, 2008 - U.S. Department of Education
More Federal Regulations

Pending Legislation

When FERPA Affects IT
May 8, 2008 - Inside Higher Ed
H.R. 5715: Ensuring Continued Access to Student Loans Act of 2008
May 5, 2008 - GovTrack.us (database of federal legislation)
House Education Committee Approves Bill to Ensure Continued Access to Student Loans for American Families
April 9, 2008 - Committee on Education and Labor
FERPA - Notice of Proposed Rulemaking
March 24, 2008 - U.S. Department of Education
More Pending Legislation

Policy and Guidance

Working Paper on Conflict of Interest for Review and Comment PDF icon  92 KB PDF
Guidance on institutional policies and practices to identify and address conflicts of interest.
January 25, 2008 - American Council on Education
HEA Legislation Includes Hundreds of New Reporting Requirements
New requirements address such topics as college cost, student loans, file sharing, and textbook pricing.
January 8, 2008 - American Council on Education
ED Officials Provide Answers to NASFAA Members' Questions on Loan Program Final Rules (CCRAA)
January 2008 - NASFAA
10 Rules for Avoiding Conflicts of Interest
October 12, 2007 - The Chronicle of Higher Education
More Policy and Guidance

Financial Aid and Lender Practices

What's Ahead on Student Loans in 2008
January 3, 2008 - Inside Higher Ed
Cuomo Announces Settlement with Student Loan Company Tied to NCAA Division I Schools
December 11, 2007 - NY State AG Andrew M. Cuomo's Office
Direct Marketing Code of Conduct Poster 55 KB PDF
Cuomo establishes new code of conduct to prevent false and misleading loan advertising to students.
December 10, 2007 - NY State AG Andrew M. Cuomo's Office
OIG Report Questions Education Department's Oversight Ability, Blames Lack of Resources
December 6, 2007 - NASFAA
More Financial Aid and Lender Practices

Resources for Financial Aid Officers

CBA Statement on the Key Role of School Financial Aid Offices in Helping Students
May 28, 2008 - Consumer Bankers Association
FFEL And Direct Loan Interest Rates Effective July 1
May 28, 2008 - NASFAA
Interview with Rick Lovell, Student Loan Industry Consultant
May 21, 2008 - The Greentree Gazette
Cohort Default Rates Are Good For Something, Just Not Much
April 2008 - The Greentree Gazette
More Resources for Financial Aid Officers

Disclaimer

This information is presented for informational purposes and with the understanding that the Pennsylvania Higher Education Assistance Agency/American Education Services does not render specific legal or other professional advice to the viewer. Due to the rapidly changing nature of the law, information provided may become outdated. Anyone viewing this material must always research original sources of authority and update this information to ensure accuracy and applicability to matters specifically and/or generally applicable to the viewer. In no event will the Pennsylvania Higher Education Assistance Agency/American Education Services be liable for any damage, whether direct, indirect, or consequential, claimed to result from the use of the material presented.

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