President Signs HEA Extension
On September 30, President Bush signed into law an extension of the Higher
Education Extension Act (HEA) of 2005 (H.R. 3784). The HEA was set to expire
on September 30, 2005. The legislation has now extended each program authorized
under the HEA for three months until December 31, 2005. >>Click
here to read more on HEA extension.
President Signs HEROES Extension
On September 30, President Bush signed into law an extension of the Higher
Education Relief Opportunities for Students (HEROES) Act (H.R. 2132). The
HEROES Act has been extended for two years from September 30, 2005, making
the expiration date September 30, 2007. Additional information regarding
the HEROES’ provisions can be found in our Jan.
28, 2004 newsletter.
School Users Can View Meteor Data via Mapping Your Future
School users logging into Mapping Your Future's (MYF) Online Student Loan
Counseling (OSLC) FAO Access Area can now view borrower data in Meteor. >>Click
here to read more on Meteor.
Updated Fax Number and Contact Information - Late Disbursements Beyond 120-Days
The Department of Education (ED) announced in GEN-05-13 the updated procedures
for requesting approval to make a late disbursement of Title IV aid beyond
the 120-day late disbursement period. >>Click
here to read more on late disbursements.
“Single-holder” Rule Extended by ED
The Department of Education (ED) announced an extension of guidance regarding
consolidation loans in FP-05-09. >>Click
here to read more on rule.