USA Funds Update

Spotlight on the Value of Guarantor Services: Training for Financial Aid Professionals
Staying current amid constant changes in student aid programs is difficult. Training from USA Funds^® University keeps financial aid professionals informed about changes in federal policy, new legislation, key financial aid issues, and general management topics. Read more.

USA Funds Staff Profile: Helping Ensure Resources to Assist Customers
The day-to-day work and long-range planning that Sean Ragsdale undertakes helps ensure that USA Funds has the resources to fund products and services that enhance higher education preparedness, access and success. Learn more.

Washington Report

Congressman Plans Legislation That Could Change Bankruptcy Treatment of Private Student Loans
The chairman of a U.S. House subcommittee says he plans to introduce legislation that could change the treatment of private student loans in bankruptcy. Read more.

Operations Bulletin

GAO Reports on Why Proprietary Schools Have Higher Default Rates
The U.S. Government Accountability Office has issued a report exploring why student loan default rates are higher, on average, at proprietary institutions than at other postsecondary institution types. Read more.

Prorating Additional Unsubsidized Loan Amounts for Health Professions Students
The U.S. Department of Education has clarified the calculation of additional unsubsidized Stafford loan eligibility for certain health professions students in programs of study that differ from the standard academic year. Learn more.