Loans Team
On November 1, 2007, the Department published in the Federal Register a Final Rule on the Federal Perkins Loan Program, Federal Family Education Loan Program, and William D. Ford Direct Loan Program. This follows publication on June 12, 2007, of a notice of proposed rulemaking for these same programs.
List of Negotiators for the Loans Team
Schedule
First Session: December 12, 2006 -- 1:00 p.m. to 5:00 p.m.
December 13, 2006 -- 9:00 a.m. to 5:00 p.m.
December 14, 2006 -- 9:00 a.m. to 4:00 p.m.
Location: Marriott Crystal Gateway at 1700 Jefferson Davis Highway, Arlington, Virginia 22202
Summary of session one: MS Word (55K) | PDF (30K)
Memorandum from Dan Madzelan to Loans Team Members (January 29, 2007)
Proposed regulatory language: MS Word (300K) | PDF (257K)
Scorecard: MS Excel (24K) | PDF (13K)
The second negotiating session for the loans issues team was held February 5-7, 2007. This 2-1/2 day session began at 9:00 a.m. on Monday, February 5 at the Crystal City Marriott at Reagan National Airport.
Final meeting summary for session two: MS Word (83K) | PDF (50K)
The third negotiating session for the loans issues team was held March 12-14, 2007. This 2-1/2 day session began at 9:00 a.m. on Monday March 12 at the Holiday Inn Crystal City.
Information for the March 12-14, 2007 Session
Memorandum - Materials for the March 12-14 negotiating session MS Word (29K) | PDF (12K)
Issues: (a) FFEL/DL - Entrance Counseling for Graduate/Professional Plus Borrowers; (b) FFEL/DL - Maximum length of Loan Period; (c) FFEL/DL - Frequency of Capitalization; (d) FFEL/DL/Perkins - Simplification of Deferment Granting Process; (e) FFEL - Eligible lender Trustees; (f) FFEL/DL/Perkins - Accurate and Complete Copy of Death Certificates; (g) FFEL/DL/Perkins - Prospective Conditional Discharge Period to Establish Eligibility for a Total and Permanent Disability Discharge (i.e. "Retroactive" Total and Permanent Disability Discharge); (h) FFEL/Perkins - NSLDS Reporting Timeframes; (i) FFEL/Perkins - MPNs: Retention of Records Supporting Disbursements to Borrowers; (j) Perkins - Child or Family Service Cancellation; (k) Perkins - "Reasonable" Collection Costs; and (l) Perkins - Mandatory Assignment of Defaulted Loans MS Word (342K) | PDF (243K)
Issues: (m) FFEL - Institutional Preferred Lenders and (n) FFEL - Prohibited Inducements MS Word (109K) | PDF (51K)
Scorecard - 2006-2007 Negotiated Rulemaking Loans Team MS Excel (23K) | PDF (23K)
Proposed Amendatory Language - Crosswalk MS Word (52K) | PDF (30K)
Draft Federal Register Instructions for Amendatory Language MS Word (121K) | PDF (180K)
The fourth negotiating session for the loans issues team began April 18th and ran through April 20th, 2007. This 3-day session was held at the following U.S. Department of Education location:
Office of Postsecondary Education (OPE)
1990 K Street, N.W.
Washington, DC 20006
Conference Center: 8th floor
Information for the April 18-20, 2007 Session
Materials for the April 18-20 Negotiating Session MS Word (24K) | PDF (15K)
Issue: FFEL/DL Identity Theft Discharge MS Word (370K) | PDF (321K)
Issue: FFEL - Institutional Preferred Lenders MS Word (114K) | PDF (68K)
Scorecard - 2006-2007 Negotiated Rulemaking Loans Team MS Excel (24K) | PDF (19K)
2006-07 Negotiated Rulemaking Main Page
OPE Policy Initiatives | OPE Home
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