November 15, 2000
Volume 2000 - Issue 88

The Federal Family Education Loan Program Final Regulations 

    The U.S. Department of Education (ED) recently published a Federal Register, dated November 1, 2000, containing final regulations regarding the Federal Family Education Loan Program.  The regulations incorporate provisions contained in the recent reauthorization of the Higher Education Act (HEA).  The regulatory changes impact the following sections of 34 CFR:
 

Part 682-Federal Family Education Loan Program
Sec.  682.201   Eligible borrowers.
Sec.  682.207   Due Diligence in disbursing a loan.
Sec.  682.210   Deferment.
Sec.  682.402   Death, disability, closed school, false certification, unpaid
                         refunds, and bankruptcy payments.
Sec.  682.406   Conditions for claim payments from the Federal Fund and for 
                         reinsurance coverage.
Sec.  682.410   Fiscal, administrative, and enforcement requirements.
Sec.  682.414   Records, reports, and inspection requirements for guaranty 
                         agency programs.
Sec.  682.604   Processing the borrower's loan proceeds and counseling 
                         borrowers.
    A copy of this Federal Register is available on ED's web site at http://ifap.ed.gov. If you are unable to access ED's web site and would like a hard copy, please contact Stacey Roberts at (801) 321-7211.  Any questions regarding this Bulletin should be directed to the UHEAA Policy and Training Department at (801) 321-7166 or by e-mail at cjudd@utahsbr.edu.