View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML
ED/OPE RIN: 1840-AD17 Publication ID: Fall 2014 
Title: Title IV of the HEA--Definition of Adverse Credit for Direct PLUS Loan Eligibility 
Abstract:

The Department is amending our regulations on the definition of "adverse credit" for Direct PLUS Loan eligibility. 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: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 34 CFR 685   
Legal Authority: 20 USC 1078-2   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  08/08/2014  79 FR 46640   
NPRM Comment Period End  09/08/2014 
Final Action  10/23/2014  79 FR 63317   
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: None 
Small Entities Affected: Organizations  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: Yes 
Agency Contact:
Gail McLarnon
Department of Education
Office of Postsecondary Education
Room 8026, 1990 K Street NW,
Washington, DC 20006-8502
Phone:202 453-6914