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ED/OPE RIN: 1840-AD17 Publication ID: Spring 2014 
Title: ●Title IV of the HEA--Definition of Adverse Credit for Direct PLUS Loan Eligibility 
Abstract: The Department proposes amending our regulations on the definition of "adverse credit." We make Direct PLUS Loans to parents of dependent undergraduate students and to graduate and professional students. To be eligible to receive a Direct PLUS Loan, the applicant must not have an "adverse credit" history as determined pursuant to regulations promulgated by the Secretary. 
Agency: Department of Education(ED)  Priority: Economically Significant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Yes  Unfunded Mandates: No 
CFR Citation: 34 CFR 685 
Legal Authority: 20 USC 1078-2 
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  07/00/2014   
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www2.ed.gov/policy/highered/reg/hearulemaking/2012/programintegrity.html   Public Comment URL: www.regulations.gov  
RIN Data Printed in the FR: No 
Agency Contact:
Gail McLarnon
Department of Education
Office of Postsecondary Education
Room 8026, 1990 K Street NW,
Washington, DC 20006-8502
Phone:202 219-7048
Email: gail.mclarnon@ed.gov

 
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