Federal Regulations

Senate Rejects School Certification on Private Student Loans
June 23, 2010—NASFAA
Education Loan Applicant Self-Certification Form
February 14, 2010—U.S. Department of Education
This letter announces the approval of the Private Education Loan Applicant Self-Certification form for use by institutions and private educational loan lenders.
Reminder: Truth in Lending Disclosure Revisions Required Starting February 14
February 3, 2010—NASFAA
Information Required to Be Disclosed Under the Higher Education Act of 1965: Suggestions for Dissemination
Updated November 2009—National Center for Educational Statistics
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Pending Legislation

Over 70 Organizations, ACE Submit Comments on Program Integrity NPRM
August 3, 2010—American Council on Education
Congress on the Verge of Making Private Loans Safer for Students
July 13, 2010—New America Foundation
FTC Extends Enforcement Deadline for Identity Theft Red Flags Rule
June 1, 2010—insideARM
U.S. Plans New Rules on Student Privacy
April 26, 2010—Office of Information and Regulatory Affairs
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Policy and Guidance

Temporary Authority for the Consolidation of Loans in an In-School Status
June 29, 2010—U.S. Department of Education
Loan Servicing Information—Questions and Answers About Servicing Federally Owned Loans
March 26, 2010—U.S. Department of Education
Loan Servicing Information—Transition to Additional Servicer Support Planned for September 2009
August 28, 2009—U.S. Department of Education
Working Paper on Conflict of Interest for Review and Comment
January 25, 2008—American Council on Education
This working paper provides guidance on institutional policies and practices to identify and address conflicts of interest.
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Financial Aid and Lender Practices

College Loan Code of Conduct
These guidelines aim to eliminate conflicts of interest in the student loan industry.

Resources for Financial Aid Officers

New New Analysis of Student Loan Repayment Rates
August 26, 2010—The San Francisco Chronicle
New Private Student Loans Are Making a Comeback
August 25, 2010—Smart Money
New Student Loan Default Facts and Repayment Tips for Struggling Borrowers
August 24, 2010—NASFAA
New Prepare for Constitution and Citizenship Day
August, 2010—Mapping Your Future
New Proposed Student Loan Rules Don't Go Far Enough
August 22, 2010—The Miami Herald
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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.