Northwest Education Law Blog : Northwest Education Lawyer & Attorney : Williams Kastner Law Firm : Tacoma, Seattle, Portland

• Email This
• Print
• Comments
• Trackbacks

The Education Department is preparing to publish new rules governing federal grants to students. The rules, which will appear in the Federal Register in the coming days, largely mirror changes proposed by the department during negotiations that wrapped up in May. Those discussions ended in a stalemate after panelists failed to reach agreement on regulations governing year-round Pell Grants and the reporting of job-placement information. [The Chronicle of Higher Education]

• Email This
• Print
• Comments
• Trackbacks

Financial-aid officials dislike the U.S. House of Representatives' plan to eliminate the Perkins loan's in-school interest subsidy, the proposed allocation formula, and the requirement that colleges provide matching funds, a new survey by the National Association of Student Financial Aid Administrators has found. [The Chronicle of Higher Education]

• Email This
• Print
• Comments
• Trackbacks

The Federal Reserve Board has published final rules governing private student loans. The "Truth in Lending" rules, which take effect in February 2010, add a series of new disclosure requirements to private loans; give consumers up to three days to cancel a consummated loan; and prohibit lenders from using colleges' names, mascots, or logos in their marketing materials. [The Chronicle of Higher Education]