Washington Report

Reauthorization Bill Changes Student Loan Terms
The U.S. Congress finally has approved legislation reauthorizing the Higher Education Act. The measure makes changes to some of the terms of the Federal Family Education Loan Program and private education loans. Read more.

Operations Bulletin

Policy Frequently Asked Question: Maintaining Required Preferred Lender List
USA Funds^®’ policy experts provide guidance to schools that are having difficulty maintaining the required minimum of three lenders on their preferred lender lists. Read more.

Department Hosts Additional Webcast on Loan Purchase, Participation Plans
The U.S. Department of Education will hold a webcast on Aug. 8 for lenders and other parties interested in its loan purchase and participation programs. The webcast will cover operational details of the program. Read updates about the program.

Policy Frequently Asked Question: Senior Year Stafford Eligibility Under New Loan Limits
USA Funds’ policy advisers provide guidance regarding remaining Stafford loan eligibility for a senior student who already has borrowed the previous aggregate loan limit of $46,000 in Stafford loans. Learn more.