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Tag Archives: department
New Federal Rules Set on Career Colleges
After receiving 90,000 public comments, the Department of Education will require program-integrity changes at for-profit colleges.
Posted in College Education, College News Also tagged education, student-loans, will-require Comments closed
Kantrowitz Releases Gainful Employment Policy Analysis Summary
Mark Kantrowitz, publisher of Fastweb.com and FinAid.org, has released a summary of his 16 papers and two addendums on the topic of gainful employment. The summary includes a roundup of recommendations to the U.S. Department of Education and his key findings. "The US Department of Education's gainful employment proposals provide a good structure for establishing affordable debt restrictions, but these proposals should be tweaked ... to address several flaws," Kantrowitz states.
Posted in College Education, Financial Aid Also tagged address-several, affordable-debt, education, fastweb-com, gainful-employment, good-structure, kantrowitz, summary-includes, the-topic, topic, two-addendums Comments closed
SAIG Mailbox Functions Unavailable October 30-31, 2010
During the period October 30-31, 2010, the Department of Education will be completing extended maintenance activity that will impact all functions of the Student Aid Internet Gateway (SAIG) mailbox servers. From Saturday, October 30, 2010 from 6:00 P.M. (ET) until Sunday, October 31, 2010 at 11:00 A.M. (ET) all SAIG mailbox functions will be unavailable.
Posted in College Education, Financial Aid Also tagged all-functions, during-the-period, education, internet-gateway, period, saturday, student, sunday, the-period, will-impact Comments closed
Extending the American Opportunity Tax Credit Shouldn’t be a Slam Dunk (New America Foundation)
"Last week the U.S. Treasury Department issued a report on the American Opportunity Tax Credit, a $2,500 income tax credit for college students' higher education expenses that was included in the American Recovery and Reinvestment Act of 2009," writes Jason Delisle, director of the Federal Education Budget Project at the New America Foundation. "But there is evidence that a significant share of eligible students and families never claim federal tax credits for higher education, or they don't claim the full benefits for which they are eligible."
Posted in College Education, Financial Aid Also tagged 500-income, america, budget-project, claim-the-full, education, federal, federal-tax, full-benefits, jason-delisle, never-claim, reinvestment Comments closed
Financial Aid Week in Review
The Financial Aid Week in Review highlights the biggest student aid news, research, and guidance from this week. It includes news from NASFAA, the Department of Education, other higher education organizations, and the media. You can also check out the Today's News articles that have garnered the most attention from your colleagues and preview the news and events that will make headlines next week.
Posted in College Education, Financial Aid Also tagged biggest, biggest-student, colleagues, education, Financial Aid, news, other-higher, review Comments closed
GA-2010-05: Fiscal Year 2009 Cohort Default Rate Calculations
The Department of Education has released a Technical Update regarding the FY09 Cohort Default Rate. The draft CDR for FY09 will be released on February 11, 2011, and the official FY09 CDR will be released on September 12, 2011.
Posted in College Education, Financial Aid Also tagged cdr, cohort-default, education, fy09, official, regarding-the-fy09, released-on-september, technical-update Comments closed
Loan Servicing Information — Reducing Amount of FFEL Purchased Loans
The Department of Education has provided updated procedures and resource materials to ensure the timely processing of a borrower's reduced FFEL Purchased Loan. These procedures update the process for reducing the amount of a borrower's FFEL Purchased Loan originally posted on March 26, 2010.
Posted in College Education, Financial Aid Also tagged education, ffel, posted-on-march, process, purchased, purchased-loan, the-process, timely-processing, update-the-process, updated-procedures Comments closed
Availability of Program Files Enhancing EDExpress for Windows 2010-11
The Department of Education announces the posting of program files for EDExpress for Windows 2010-2011, Release 4.0 and Direct Loan (DL) Tools for Windows, Release 10.0, that add enhanced logic to the respective software programs to successfully handle new processed Master Promissory Note (MPN) Status values sent by the Common Origination and Disbursement (COD) System for 2010-11 William D. Ford Federal Direct Loan (Direct Loan) records.
Posted in College Education, Financial Aid Also tagged education, federal, handle-new, program-files, release, respective, the-respective, tools, values-sent, windows Comments closed
Few Students Show Proficiency in Science, Tests Show