Federal Family Education Loan Program; Due Diligence Requirements
Education · education-loans · Published 1996-11-27 · 61 FR 60478
Document
Document number
96-30359
Federal Register citation
61 FR 60478
CFR reference
34 CFR 682
Type
Rule
Action
Final regulations.
Category
education-loans
Agency
US Department of Education
Publication date
1996-11-27
Abstract
The Secretary amends the regulations governing the Federal Family Education Loan (FFEL) Program. The FFEL regulations govern the Federal Stafford Loan Program, the Federal Supplemental Loans for Students (Federal SLS) Program, the Federal PLUS Program, and the Federal Consolidation Loan Program, collectively referred to as the Federal Family Education Loan Program and authorized by Title IV, Part B of the Higher Education Act of 1965, as amended (HEA). The Secretary is making changes to the due diligence requirements for lenders and guaranty agencies participating in the FFEL Program.