:: 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 Federal Student Loan Final Regulations ::
ED published the official final rules and regulations Nov. 1, 2007, based on the notice of proposed rulemaking (NPRM) and comments received.
The student aid provisions address definitions, payment periods, treatment of loan funds, post-withdrawal disbursement, electronic disbursements, late disbursements, recovery of funds, institutional loan cancellation, minimum period of certifying loan and delivering loan proceeds.
The loan provisions address simplification of the deferment process, death certificate, total and permanent disability, NSLDS reporting, electronic signature and record retention for MPNs, loan counseling for Grad PLUS borrowers, maximum loan period, prohibited inducements, eligible lender trustee, frequency of capitalization, loan discharge for false certification and PLLs.
Quick Content LinksFederal Documents
This list includes links to bill and law texts, Congressional reports, Dear Colleague Letters and the Federal Register.
- Federal Register notices
- Dear Colleague Letter GEN-08-06/FP-08-06 (external link) – Guidance about preferred lender lists
- Electronic Announcements
- May 20, 2008 (external link) – Changes to late disbursement regulations
- July 1, 2008 (external link) – Discontinuation of "late" late disbursement approval request process
- July 9, 2008 (external link) – Education Department procedural changes for conditional disability discharge and changes to improve the quality of incoming assignment reviews
Industry Resources
This list includes links to impact summaries, side-by-side analysis, blacklines and other helpful tools developed by OCAP and our industry partners.
- OCAP resources
- NCHELP resources
- Summary of Final Loan Regulations PDF
- Side-by-side analysis of Final Loan Regulations DOC
- Side-by-side analysis of General Provisions Final Regulations DOC
- Integrated Regulations
- 34 CFR 668 – General Provisions Final Rule PDF
- 34 CFR 682 – General Provisions and Loan Final Rules PDF
- 34 CFR 685 – General Provisions and Loan Final Rules PDF
- Loans Committee NPRM Comments PDF
- General Provisions Comments PDF
- Total and Permanent Disability (TPD) Questions & Answers PDF
Training Presentations
OCAP hosted two “College Cost Reduction and Access Act (CCRAA) and New Loan Provisions” training sessions in November 2007. Workshop materials and resources, including the PowerPoint presentation and handouts, are available below.
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