:: Resources ::
- Department of Education (external link)
- FAFSA on the Web (external link)
- Federal Student Aid (FSA) (external link)
- Mapping Your Future (external link)
- National Student Loan Data System (NSLDS) (external link)
- OKMM Clearinghouse (external link)
- Oklahoma Campus E-clips (external link)
- Oklahoma State Regents (external link)
- Oklahoma's Promise (OHLAP) (external link)
:: 2007-2008 Legislation ::
Quick Content LinksAppropriations Legislation
- FY 2009 Budget Summary from the Department of Education (external link) – President Bush submitted his budget blueprint to Congress on Feb. 4.
- Consolidated Appropriations Act, 2008/H.R. 2764 PDF – On Dec. 26, 2007, President Bush signed an omnibus spending bill into law. The $500 billion bill provided FY08 domestic funding for all federal agencies, except for the Department of Defense, through Sept. 30, 2008.
- 2008 Departments of Labor, Health and Human Services, and Education Appropriations/H.R. 3043 PDF – On July 19, 2007, the House approved H.R. 3043, a $15.2 billion discretionary funding measure, that allocated $62.6 billion to fund ED programs. The Senate passed the legislation with amendments on Oct. 23. The House agreed to the conference report on Nov. 6 and the bill was sent to the president on Nov. 8. President Bush vetoed the bill on Nov. 13 because he was concerned the bill would have spent about $9 billion more than the FY08 budget proposal. The House failed to get enough votes to override the presidential veto.
- 2008 Department of Labor, Health and Human Services, and Education Appropriations/S. 1710 PDF – The original Senate bill for departmental appropriations for the fiscal year ending Sept. 30, 2008.
- FY 2008 Budget Summary from the Department of Education (external link) – President Bush submitted his budget blueprint to Congress on Feb. 5.
Market Liquidity Legislation
- Preventing Student Loan Discrimination Act/S. 3141 PDF – This bill was designed to ensure students at community and technical colleges and certain four-year colleges continue to have access to federal student loans.
- Emergency Student Loan Market Liquidity Act/H.R. 5723 PDF – The bill amended the Federal Home Loan Bank Act to allow federal home loan banks to invest surplus funds in student securities and make advances for student loan financing. The bill was referred to the House Committee on Financial Services.
- Emergency Student Loan Market Liquidity Act\S. 2847 PDF – This Senate companion bill to H.R. 5723 amended the Federal Home Loan Bank Act to allow federal home loan banks to invest surplus funds in student securities and make advances for student loan financing, and for other purposes. The bill was referred to the Senate Committee on Banking, Housing, and Urban Affairs.
- Student Loan Access Act of 2008/H.R. 5914 PDF – The bill clarified the Federal Financing Bank's authority to purchase loans guaranteed under part B of title IV of the Higher Education Act of 1965. The bill was referred to the House Committee on Financial Services.
Other Legislation
- H.R. 4344 PDF and S. 2303 PDF – Both bills amended section 435(o) of the Higher Education Act of 1965 regarding the definition of economic hardship and inserted the debt-burden criteria language that was eliminated in the CCRAA.
- Private Student Loan Transparency and Improvement Act of 2007 PDF – This act was approved by the Senate Committee on Banking, Housing, and Urban Affairs. The bill required lenders to provide more accurate and timely information to their customers regarding interest rates and terms and conditions of their products.
- Financial Aid Accountability & Transparency Act of 2007/H.R. 1994 PDF – Required increased disclosures by schools of relationships with student loan providers and included a code of ethics found in the House (H.R. 890) and Senate (S. 486) versions of the Student Loan Sunshine Act.
- Student Loan Sunshine Act/H.R. 890 PDF – The bill sought to "put a stop to unethical measures taken by private lenders to curry favor with colleges and universities.” For further action, see H.R. 4137, which became Public Law 110-315 on 8/14/2008.
- Student Loan Sunshine Act/S. 486 PDF – The bill required schools and lenders to report certain activities if the school and the lender have an “educational loan arrangement.” For further action, see H.R. 4137, which became Public Law 110-315 on Aug. 14, 2008.
Online Resources
- NCHELP's 2007/08 HEA Legislation Section (external link) – Legislation introduced in 2007/2008, regulatory materials (NPRM and final rules), and statutory materials (Public Laws)
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