Federal Family Education Loan Program and William D. Ford Federal Direct Loan Program
Education · education-loans · Published 1999-11-01 · 64 FR 58938
Document
Document number
99-28170
Federal Register citation
64 FR 58938
CFR reference
34 CFR 682
Type
Rule
Action
Final regulations.
Category
education-loans
Agency
US Department of Education
Publication date
1999-11-01
Abstract
The Secretary amends the Federal Family Education Loan (FFEL) Program regulations and the William D. Ford Federal Direct Loan (Direct Loan) Program regulations. These final regulations are needed to implement recently enacted changes to the Higher Education Act of 1965, as amended (HEA) made by the Higher Education Amendments of 1998 (1998 Amendments). The final regulations deal with provisions of the 1998 Amendments that affect FFEL borrowers, schools, lenders, and guaranty agencies and Direct Loan borrowers and schools. These final regulations seek to improve the efficiency of Federal student aid programs, and, by so doing, to improve their capacity to enhance opportunities for postsecondary education.