Pennsylvania Higher Education Assistance Agency

==Background==
==Insights==
===Pennsylvania Student Loan Agency Under Investigation===
Oct 03 2006, The Pennsylvania Higher Education Assistance Agency is being investigated for improperly calculating student loan payments, said the US Department of Education. The investigation was announced shortly after the Education Department last week told Lincoln, Neb.-based Nelnet Inc. to repay $278 million the DOE claims Nelnet collected by way of a legal loophole. However, in a similar case with the New Mexico Education Assistance Foundation last year, Education Secretary Margaret Spelling ruled the $36 million that the agency had collected by way of the loophole was done legally. The agency was not ordered to repay the funds. 
category:organizations