by jsearles | Aug 28, 2013 | FAME Regulatory Bulletin, Front Page
ED began a process of notifying certain PLUS Loan applicants of their opportunity to be reconsidered for a loan. Those being notified were previously denied a PLUS Loan based upon their credit check that showed an adverse credit history, but are individuals whom ED...
by jsearles | Aug 21, 2013 | FAME Regulatory Bulletin, Front Page
September 17th of each year is designated as Constitution Day.As required by the Consolidated Appropriations Act, 2005 (Pub. L. 108–447, signed into law on December 8, 2004), schools that receive Federal funding in a Federal fiscal year (e.g., Title IV Federal Student...
by jsearles | Aug 15, 2013 | FAME Regulatory Bulletin, Front Page
Extended foster care payments are generally not reported on the Free Application for Federal Student Aid (FAFSA). Likewise, the payments are not included as Estimated Financial Assistance (EFA). Extended foster care payments are payments made directly to students who...
by jsearles | Aug 9, 2013 | FAME Regulatory Bulletin, Feature Story, Front Page
As reported in this week’s FAME Inside Report, and prior August 1 FAME “Did You Know?,” Congress had finally reached agreement on the student loan interest rate debate. Congress passed the Senate-amended version of the House Bill, HR 1911, on July 31...
by jsearles | Aug 8, 2013 | Uncategorized
REMINDERS: Action: Beginning July 1, 2013, the sequestration induced Direct Loan fee increases become effective. The increases are applicable to loans with a first disbursement on or after July 1, 2013. The fees are increased from 1.0% to 1.051% for Direct Loans...
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