View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML
ED/OPE RIN: 1840-AD12 Publication ID: Fall 2013 
Title: Transitioning from the FFEL Program to the Direct Loan Program and Loan Rehabilitation Under the FFEL, Direct Loan, and Perkins Loan Programs 
Abstract: The Secretary amends the title IV, HEA student assistance regulations to (a) reflect that, as of July 1, 2010, under the SAFRA Act, no new FFEL Program loans will be made, (b) clarify for borrowers using the rehabilitation option to get out of default on their loans how reasonable and affordable will be defined, and (c) make other improvements to the Direct Loan, FFEL, and Perkins Loan programs. 
Agency: Department of Education(ED)  Priority: Economically Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: Yes  Unfunded Mandates: No 
CFR Citation: 34 CFR ch VI     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 20 USC 1070a    20 USC 1071 to 1087-4    20 USC 1087a to 1087j    20 USC 1098e    PL 111-152   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  07/29/2013  78 FR 45618   
NPRM Comment Period End  08/28/2013 
Final Action  11/01/2013  78 FR 65768   
Additional Information: Includes Retrospective Review under EO 13563.
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: None 
Small Entities Affected: Businesses, Governmental Jurisdictions  Federalism: No 
Included in the Regulatory Plan: No 
Public Comment URL: www.regulations.gov  
RIN Data Printed in the FR: Yes 
Agency Contact:
Lynn Mahaffie
Department of Education
Office of Postsecondary Education
Room 4060, 400 Maryland Avenue SW,
Washington, DC 20202
Phone:202 453-7862