Education Access Report Entire Site  

October 4, 2005

 

USA Funds Update

  

USA Funds Adds $1.3 Million to Hurricane-Relief Fund for College Students

  

USA Funds to Accept Applications Beginning Jan. 2 for 2006 Scholarship Programs

 

Washington Report

  

Legislation Reallocates Unspent Campus-Based Aid to Hurricane-Affected Schools

  

President Signs Extension of Higher Education Act, HEROES Act

 

Tech Talk

  

OpenNet Enhancements Offer School-Customers Details About Loans in Process

  

OpenNet to Offer Lenders Claim, Pre-Claim Data for USA Funds Guarantee

 

Debt-Management Perspectives

  

Central Arizona College Orientation Sessions Go Beyond Basics, With USA Funds Life Skills

 

Operations Bulletin

  

September-2005 Integrated Common Manual Available

  

FFELP Community Advised to Continue Use of Current MPN, Deferment Forms

  

Department Issues New Guidance on Late-Late Disbursements and Default-Management Plans

 

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President Signs Extension of Higher Education Act, HEROES Act

President Bush has signed into law extensions of the Higher Education Act and the HEROES Act.

The current authority for programs under the HEA was extended for three months, until Dec. 31, 2005, to give Congress additional time to complete work on reauthorizing the legislation. House and Senate committees have approved separate versions of reauthorization legislation.

The president also signed a two-year extension, until Sept. 30, 2007, of the HEROES Act. Enacted in the wake of the Sept. 11, 2001, terrorist attacks, the HEROES Act permits the U.S. secretary of education to excuse military personnel from their federal student-loan obligations while they serve on active duty. The law also grants the education secretary authority to waive or modify federal student-aid requirements to ensure that those affected by war, military operations or national emergencies are not disadvantaged regarding their financial aid because of their status.