Colleges and universities play a vital role in facilitating federal student loans and financial aid to their student body. Enrollment changes make the role a difficult one. Administrators need thorough recordkeeping that monitors changes and provides the U.S. Department of Education (ED) the information it needs.
Department of Education
As part of our commitment to keep you informed with the latest regulatory developments, we recently attended the Department of Education’s (DOE) 2016 Federal Student Aid (FSA) Training Conference in Las Vegas. A major focus of the FSA conference was related to the Federal Perkins Loan Program (Perkins Program). Subsequent to the FSA conference, the Federal Perkins Loan Program Extension Act of 2015 (the Extension Act) was enacted on December 18, 2015. The Extension Act extends the Perkins Program through September 30, 2017 as noted in the DOE Dear Colleague Letter GEN 16-05.
Department of Education,