WebApr 10, 2024 · Important Update: On February 28, 2024, the Department published an update to Dear Colleague Letter 23-03 that makes clear the guidance does not become effective until September 1, 2024. The reporting deadline for institutions and third-party servicers to report to the Department is also extended until September 1, 2024. Further, … WebApr 19, 2024 · To fully address past issues with IDR payment counting, FSA will do a one-time revision of IDR-qualifying payments for all Direct Student Loans and federally …
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WebMar 16, 2024 · In addition, borrowers subject to such misrepresentations or fraud could be entitled to a discharge of their student loans, and the offending schools could be liable to repay those funds. The Department recently reestablished the Office of Enforcement in Federal Student Aid (FSA) to help protect students and borrowers from wrongdoing by … Webborrower defense to repayment (“borrower defense” or “BD”) authorities. This approach involves a standard methodology that establishes a rebuttable presumption regarding relief, enabling the Department to process claims expeditiously while ensuring the flexibility and opportunity to make individualized determinations. touching niagara fall
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WebMar 23, 2024 · Pandemic relief measures have also affected borrowers pursuing borrower defense. Federal student loan payments are currently paused through June 30, 2024 , … Web8 hours ago · The U.S. Supreme Court declined to block a class-action settlement in a long-running lawsuit against the U.S. Department of Education regarding stalled borrower defense to repayment claims. Lincoln Educational Services Corporation, Everglades College Inc. and American National University—the three ... WebOct 8, 2024 · Borrower Defense Group: This group analyzes borrower defense to repayment claims and recommends appropriate dispositions to Department leadership. … touching north andy goldsworthy