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
2.07 MB PDF - Updated November 2009—National Center for Educational Statistics
Pending Legislation
- New 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
- Durbin, Cohen and Others Introduce Legislation to Restore Fairness in Student Lending
- April 15, 2010—U.S. Senator Dick Durbin
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 116 KB PDF
- January 25, 2008—American Council on Education
- This working paper provides guidance on institutional policies and practices to identify and address conflicts of interest.
Financial Aid and Lender Practices
- College Loan Code of Conduct 427 KB PDF
- These guidelines aim to eliminate conflicts of interest in the student loan industry.
Resources for Financial Aid Officers
- Looking for a Private Student Loan Resource for Your Students? SLA Updates and Improves Private Loan Options Site
- June 29, 2010—Student Lending Analytics
- Loan Servicing Information—Delinquency Prevention Activities Offered by FedLoan Servicing (PHEAA), Great Lakes Educational Loan Services, Inc., Nelnet, and Sallie Mae
- June 3, 2010—U.S. Department of Education
- Student Loan Scams Flourish
- June 1, 2010—WalletPop
- Supplemental Information—Online Direct Loan Entrance Counseling Functionality
- May 28, 2010—U.S. Department of Education
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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