Washington Report

Senate Panel Approves Tighter Regulation of Private Student Loans
The U.S. Senate Committee on Banking, Housing and Urban Affairs has approved legislation that would tighten regulations on private student loans. Read more.

USA Funds Update

USA Funds Offers Constitution-Day Resources
Legislation enacted by the U.S. Congress in 2005 requires educational institutions that receive federal funds to hold educational programs about the U.S. Constitution on Sept. 17, for the students served by those schools. To assist schools in meeting the Constitution-Day requirement, USA Funds^® offers a list of resources. Review the list.

USA Funds Online Course Can Get You Up to Speed on Handling Overawards and Overpayments
All financial-aid-office staff should recognize when overawards and overpayments of Title-IV funds occur, if they need to be resolved, and how to resolve them. A USA Funds online-learning course provides the basics about these scenarios and options for handling them. Learn more.

Tech Talk

OpenNet Tip: Viewing Summary Data in Custom Reports
Schools using OpenNet Web Loan Delivery can create custom reports to view and print at the summary level. Schools can receive quick results by running a summary-report query. Read more.

Operations Bulletin

Policy Frequently Asked Question: Including Increased Stafford-Loan Amounts in Return-of-Title-IV Calculations
USA Funds’ policy advisers address whether to include the first disbursement of a loan using the recently increased Stafford-loan limit in “aid that could have been disbursed,” when figuring Return of Title-IV Funds for a student who withdrew prior to July 1. Read more.