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On November 1, 2007, the Department published in the Federal Register a Final Rule on the Federal Perkins Loan Program, Federal Family Education Loan Program, and William D. Ford Direct Loan Program.  This follows publication on June 12, 2007, of a notice of proposed rulemaking for these same programs.

List of Negotiators for the Loans Team

Organizational Protocols

Draft agenda

Schedule

First Session: December 12, 2006 -- 1:00 p.m. to 5:00 p.m.December 13, 2006 -- 9:00 a.m. to 5:00 p.m.December 14, 2006 -- 9:00 a.m. to 4:00 p.m.

Location: Marriott Crystal Gateway at 1700 Jefferson Davis Highway, Arlington, Virginia 22202

Summary of session one:  MS Word (55K) | PDF (30K)

Memorandum from Dan Madzelan to Loans Team Members (January 29, 2007)
                - Proposed regulatory language: MS Word (300K) | PDF (257K)
                - Scorecard: MS Excel (24K) | PDF (13K)

The second negotiating session for the loans issues team was held February 5-7, 2007.  This 2-1/2 day session began at 9:00 a.m. on Monday, February 5 at the Crystal City Marriott at Reagan National Airport.

Final meeting summary for session two:  MS Word (83K) | PDF (50K)

The third negotiating session for the loans issues team was held March 12-14, 2007.  This 2-1/2 day session began at 9:00 a.m. on Monday March 12 at the Holiday Inn Crystal City.

Information for the March 12-14, 2007 Session
                - Memorandum - Materials for the March 12-14 negotiating session MS Word (29K) | PDF (12K)
                - Issues: (a) FFEL/DL - Entrance Counseling for Graduate/Professional Plus Borrowers; (b) FFEL/DL - Maximum length of Loan Period; (c) FFEL/DL - Frequency of Capitalization; (d) FFEL/DL/Perkins - Simplification of Deferment Granting Process; (e) FFEL - Eligible lender Trustees; (f) FFEL/DL/Perkins - Accurate and Complete Copy of Death Certificates; (g) FFEL/DL/Perkins - Prospective Conditional Discharge Period to Establish Eligibility for a Total and Permanent Disability Discharge (i.e. "Retroactive" Total and Permanent Disability Discharge); (h) FFEL/Perkins - NSLDS Reporting Timeframes; (i) FFEL/Perkins - MPNs: Retention of Records Supporting Disbursements to Borrowers; (j) Perkins - Child or Family Service Cancellation; (k) Perkins - "Reasonable" Collection Costs; and (l) Perkins - Mandatory Assignment of Defaulted Loans MS Word (342K) | PDF (243K)
                - Issues: (m) FFEL - Institutional Preferred Lenders and (n) FFEL - Prohibited Inducements MS Word (109K) | PDF (51K)
                - Scorecard - 2006-2007 Negotiated Rulemaking Loans Team MS Excel (23K) | PDF (23K)
                - Proposed Amendatory Language - Crosswalk MS Word (52K) | PDF (30K)
                - Draft Federal Register Instructions for Amendatory Language MS Word (121K) | PDF (180K)

The fourth negotiating session for the loans issues team began April 18th and ran through April 20th, 2007.  This 3-day session was held at the following U.S. Department of Education location:

Office of Postsecondary Education (OPE)1990 K Street, N.W.Washington, DC 20006Conference Center: 8th floor

Information for the April 18-20, 2007 Session
                - Materials for the April 18-20 Negotiating Session  MS Word (24K) | PDF (15K)
                - Issue:  FFEL/DL Identity Theft Discharge MS Word (370K) | PDF (321K)
                - Issue: FFEL - Institutional Preferred Lenders MS Word (114K) | PDF (68K)
                - Scorecard - 2006-2007 Negotiated Rulemaking Loans Team MS Excel (24K) | PDF (19K)

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2006-07 Negotiated Rulemaking Main PageOPE Policy Initiatives | OPE Home

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