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Amended the Higher Education Act to modify the rules of the Federal Family Education Loan Program in regard to foreign medical schools. Pub. L. 108–98 (text) 2003 Consolidated Appropriations Act, 2004: Included the D.C. School Choice Incentive Act of 2003 that supported private schools in Washington D.C. Pub. L. 108–199 (text) 2004
These regulations will allow borrowers to receive credit toward PSLF on payments that are made late, in installments, or in a lump sum, while prior rules only counted a payment as eligible if it ...
The U.S. Department of Education administers federal student aid programs such as Pell Grants, direct loans and work-study programs. These initiatives help students afford to attend college and ...
The rules for disability discharge underwent major changes as a result of the Higher Education Opportunity Act of 2008. The regulations took effect July 1, 2010. [22] In June 2010, the amount of student loan debt held by Americans exceeded the amount of credit card debt held by Americans. [23]
Each year Federal Student Aid's staff processes approximately 22 million FAFSAs. Additionally, Federal Student Aid is responsible for enforcing the financial aid rules and regulations required by the Higher Education Act of 1965 and the U.S. Department of Education and managing the outstanding federal student loan portfolio.
The Education Department has quietly revised its guidance about which loans are eligible for President Biden’s student debt relief program.. In a reversal, new guidelines published to the ...