WASHINGTON, Sept. 8 -- Department Of Education has issued a notice called: Request for Information on Developing and Implementing a Common Manual for the Federal Direct Loan Program.
The notice was published in the Federal Register on Sept. 8 by James Bergeron, Acting Chief Operating Officer, Federal Student Aid.
Summary: The U.S. Department of Education (ED), office of Federal Student Aid (FSA) is interested in developing and instituting common standards to serve as a centralized, authoritative source of servicing and collections policies and procedures under the William D. Ford Federal Direct Loan (Direct Loan) Program. This initiative will complement the current performance-based contracts and is aimed at establishing a set of clear, c...