October 8, 2008
OGSLP Offers Higher Education Opportunity Act (HEOA) Training Workshops
Is your head swimming with all of the changes due to the HEOA? Plan to attend one of OGSLP's HEOA trainings, which will be offered in Tulsa on October 21 and in Oklahoma City on October 24.
President Signs Extension of the Ensuring Continued Access to Student Loans Act of 2008
President Bush signed into law a one-year extension of the Ensuring Continued Access to Student Loans Act of 2008 (ECASLA) on October 7. The House of Representatives passed H.R. 6889 on September 15 with a vote of 368-4. In swift response, the Senate approved the House legislation two days later.
Oklahoma Cohort Default Rate Remains Stable
Figures recently released by the Department of Education show that Oklahoma’s cohort default rate held steady despite significant rate increases in surrounding states.
ED Releases Reauthorization Implementation Plan
The Higher Education Opportunity Act (HEOA) (Public Law 110-315), signed by President Bush on August 14, reauthorizes the programs under the Higher Education Act of 1965 (HEA). The last HEA reauthorization occurred in 1998.
More information about HEOA implementation can be found on the Department of Education’s (ED) Web site. According to ED, this segment of the site will be updated as the implementation process continues.
ASLP Hosting FFELP Webinar for Schools
On October 17, America's Student Loan Providers (ASLP) will hold a Webinar for financial aid administrators to demonstrate the many attributes of the Family Federal Education Loan Program (FFELP).
ED Guidance May Require Schools to Review Cash Management Methods
Under guidance recently issued by the Department of Education (ED), a school may be required to re-evaluate its method of assessing institutional charges.
OASFAA Offers Fall Decentralized Training
OASFAA’s Fall Decentralized Training will be held October 10 from 9:00 a.m. to 4:00 p.m. on the University of Oklahoma campus. Check-in begins at 8:30 a.m.
Focus on HEOA: Military and Veteran Benefits
Over the next several months, OGSLP’s Online News will highlight various provisions contained in the Higher Education Opportunity Act (HEOA). This month, we’ve provided a summary of the benefits for military service members and veterans.