March 5, 2009
2010 Presidential Budget Blueprint
As you may be aware, the Obama administration recently released the president's FY 2010 budget proposal, which includes recommendations related to federal student lending. It's important to note that typically, the president's proposal is a blueprint that represents a starting point for discussion and consideration.
ED Releases Invitation for Lenders to Participate in PLUS Loan Auction Pilot Program
Although a number of school associations, including OASFAA, have expressed concerns about the PLUS Loan Auction Pilot Program to members of Congress, the Department of Education (ED) released a March 2 Federal Register notice inviting lenders to participate.
Focus on HEOA: Unsubsidized Stafford Loans for Dependent Students
Over the past several months, OGSLP’s Online News highlighted various provisions contained in the Higher Education Opportunity Act (HEOA). This month, we’re focusing on the provision that relates to unsubsidized Stafford loans for dependent students.
Stimulus Package Impacts on Education
The newly passed American Recovery and Reinvestment Act of 2009 (ARRA) includes provisions designed to create and save jobs and facilitate investments, tax cuts and education reform, as well as additional funding for student aid and higher education institutions.
FY 2007 Draft Cohort Rates Released
On Feb. 9, the Department of Education (ED) distributed the FY 2007 Draft Cohort Default Rate notification packages to all eligible schools. The time period for domestic schools to challenge the data contained in the package began Feb. 18, 2009.
Mark Your Calendar for OGSLP's Annual Conference
OGSLP is excited to announce that our annual conference is right around the corner. Mark your calendar now for June 25, 2009 so you won’t miss a minute!