View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML
ED/OPE RIN: 1840-AD71 Publication ID: Fall 2021 
Title: ●Interest Capitalization 
Abstract:

The Secretary plans to propose to amend 34 CFR 685.202, 685.209, 685.220, and 682.410 relating to circumstances where interest capitalization occurs on Federal student loans,  such as when a borrower enters repayment, when a borrower exits forbearance, after defaulting on a Federal student loan, and in the numerous instances where interest capitalization may occur when a borrower is enrolled in an income driven repayment plan created by regulation under the income contingent repayment (ICR) authority.

 
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: Undetermined 
CFR Citation: 34 CFR 685.202    34 CFR 685.209    34 CFR 685.220    34 CFR 682.410   
Legal Authority: 20 U.S.C. 1077    20 U.S.C. 1078    20 U.S.C. 1078-1    20 U.S.C. 1078-2    20 U.S.C. 1078-3    ...   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Notice of Intent to Commence Negotiated Rulemaking  05/26/2021  86 FR 28299   
NPRM  05/00/2022 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: Undetermined 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Jennifer Hong
Director, Policy Coordination Group
Department of Education
400 Maryland Avenue SW, Room 287-23,
Washington, DC 20202
Phone:202 453-7805
Email: jennifer.hong@ed.gov