by Jessica Searles | Nov 26, 2013 | FAME Regulatory Bulletin, Front Page
The U.S. Department of Education (ED) has re-emphasized the requirement that schools which participate in the William D. Ford Direct Loan Program are required to have a quality assurance process in place. While this is a regulatory requirement specified in 34 CFR...
by Jessica Searles | Nov 19, 2013 | FAME Regulatory Bulletin, Front Page
The U.S. Department of Education (ED) has initiated this e-mail contact to emphasize the availability of the “income-driven” repayment plan options. The intent is to ensure that all borrowers have the appropriate information to select the repayment plan that is...
by Jessica Searles | Nov 13, 2013 | FAME Regulatory Bulletin, Front Page
The U.S. Department of Education (ED) has modified its stance related to steps used when working with overlapping academic years in scenarios where students change schools. The updated guidance clarifies the authorized method for schools to use in determining the...
by Jessica Searles | Nov 6, 2013 | FAME Regulatory Bulletin, Front Page
Yes, it seems that 2013-2014 has just begun, but it is already time to be planning for 2014-2015. ED has provided several items that schools should be aware of in anticipation of the start of 2014-2015 processing in January. First, schools will want to review the...
by Jessica Searles | Nov 1, 2013 | FAME Regulatory Bulletin, Front Page
To perform the account validation process, each organization’s Primary DPA must follow the steps outlined below for both the organization’s SAIG mailboxes (Destination Points/TG numbers) and Electronic Services accounts. Failure to complete this process...
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