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June 20, 2006
 

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USA Funds® Education Access Report will not be published on Tuesday, July 4, due to Independence Day. That week’s edition of USA Funds Education Access Report will be published on Wednesday, July 5. The newsletter then will return to its regular, Tuesday publication on July 11.

Debt-Management Perspectives

USA Funds Honors Debt-Management Excellence
USA Funds announces the recipients of USA Funds 2006 Excellence in Debt Management awards, recognizing postsecondary institutions that have successfully developed and implemented effective and creative debt-management programs for their students. Read more.

Washington Report

President Signs Bill Repealing Single-Holder Rule
Federal education-loan borrowers now may consolidate their loans with any authorized consolidation lender. President Bush has signed into law an emergency funding bill that includes a provision repealing the so-called single-holder rule. Read more.

House Panel Recommends $100 Increase in Maximum Pell Grant
The U.S. House Appropriations Committee has approved a fiscal-2007 appropriations bill that recommends a $100 increase in the maximum Pell Grant, the first such increase since 2003. Learn more.

Bill Would Extend Higher Education Act Until Sept. 30
Legislation has been introduced to provide another extension of the federal Higher Education Act. Read more.

Tech Talk

OpenNet Web Loan Delivery Adjusts Lender Administration Setup
Effective June 24, 2006, OpenNet Web Loan Delivery will offer its lender- and lender servicer-users more flexibility in the Administration and User Maintenance screens. Learn more.

USA Funds Update

USA Funds-Sponsored Program Helps Put Former Low-Achieving Students on Path to College
Five Kansas City, Kan., students who struggled academically in middle school now are college bound, thanks to the help of Piloting Your Future. Read more.

Lisa Barnett Profiles in Superior Customer Service: ‘A Critical Resource’
Lisa Barnett’s outstanding service to J.P. Morgan Chase earned the production-research specialist a USA Funds “There for You” award. Learn more.