Need Help with Direct Loans?
April 21, 2010
The Department of Education has expanded its Direct Loan transition support for institutions, thanks to $50 million earmarked for that purpose by Congress in the Health Care and Education Reconciliation Act of 2010. A recent "Dear Colleague" letter invited institutions needing additional assistance to request help through their designated ED point of contact. The point of contact will work with the institution to develop and implement an assistance plan.
With less than three months remaining for colleges and universities to be ready to switch to the Direct Loan program, ED determined that providing direct financial support to institutions would not be possible. Instead, ED has arranged to augment its staff resources by contracting with a third party vendor to provide technical assistance and consulting services to institutions. The contractor has developed a resource pool of current and former campus administrators that will be available to assist institutions.
For assistance, get in touch with your institution's point of contact, call the ED School Relations Team at 800.848.0978, or email DLEnrollment_FSA@ed.gov.
Vice President, Regulatory Affairs
- Implementation of Overtime Proposal Could Cost Schools Millions
- NACUBO Responds to GASB Exposure Drafts
- ED Corrects Cash Management Rules
- 2016 CAO and CBO Collaborations
August 1-2, 2016
- 2016 Planning and Budgeting Forum
September 19-20, 2016
- 2016 Managerial Analysis and Decision Support
November 17-18, 2016
- WEBCAST: The Clery Act: Strategic Planning to Mitigate Institutional Risk
Thursday, May 26, 2016 1:00PM ET
- ON-DEMAND: Title IX: Key Issues Surrounding Institutional Compliance
- ON-DEMAND: Containing Cost and Risk with Renewables – the Power Purchase Agreement Story
- ON-DEMAND: NACUBO Live! Higher Education Accounting Forum
- ON-DEMAND: Are Hedge Funds and Private Equity Right for You? An Analysis of Alternative Investments
- ON-DEMAND: Responsibility Center Management: Two Different Perspectives