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June 9, 2009

 

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Operations Bulletin

Student Loan Changes Effective July 1 Benefit College Students
USA Funds® reports that changes in the terms of federal student loans will benefit college students and former students who have loans through the Federal Family Education Loan Program. Read more.

Policy Frequently Asked Question: Ability to Benefit Criteria
USA Funds’ policy experts provide guidance regarding whether certain credit hours will satisfy the new ability to benefit provisions from the Higher Education Opportunity Act of 2008. Read more.

Reminder From Department: Update School Code Information
The U.S. Department of Education issued a reminder to schools that they must keep current their information for the Federal School Code List of Participating Schools. The Department is preparing its quarterly update of the list, and notes that schools must verify their Federal School Code name, address and contact information by June 30.

USA Funds Update

USA Funds University USA Funds University Introduces Product Training Courses
Eight product training courses now are available online to help schools more effectively use USA Funds Debt Manager® and USA Funds Loan Counselor®. Learn more.