[Federal Register Volume 86, Number 11 (Tuesday, January 19, 2021)]
[Rules and Regulations]
[Pages 5008-5009]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-28105]


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DEPARTMENT OF EDUCATION

34 CFR Parts 600, 602, 668, 673, 674, 682, and 685


Federal Student Aid Programs (Student Assistance General 
Provisions, Federal Perkins Loan Program, William D. Ford Federal 
Direct Loan Program, and Federal-Work Study Programs)

AGENCY: Office of Postsecondary Education, Department of Education.

ACTION: Updated waivers and modifications of statutory and regulatory 
provisions; correction.

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SUMMARY: On December 11, 2020, the Department of Education published in 
the Federal Register a notice updating waivers and modifications of 
statutory and regulatory provisions governing the Federal student 
financial aid programs under the authority of the Higher Education 
Relief Opportunities for Students Act of 2003 (HEROES Act). This 
document corrects the date through which certain waivers and 
modifications extend.

DATES: Effective January 19, 2021.

FOR FURTHER INFORMATION CONTACT: Barbara Hoblitzell, by telephone: 
(202) 453-7583 or by email: [email protected], or Gregory 
Martin, by telephone: (202) 453-7535 or by email: 
[email protected].
    If you use a telecommunications device for the deaf (TDD) or text 
telephone (TTY), call the Federal Relay Service (FRS), toll free, at 1-
800-877-8339.

SUPPLEMENTARY INFORMATION:
    Corrections: In FR document 2020-27042, appearing on page 79856 in 
the Federal Register of December 11, 2020, the following corrections 
are made:
    1. On page 79857, in the third column, in the third paragraph, in 
the third sentence, remove the word ``further'', and add a new fourth 
sentence ``On December 4, 2020, the Secretary further extended those 
benefits through January 31, 2021.''
    2. On page 79862, in the first column, in the section titled 
``Repayment of a Loan (34 CFR 682.209)'', remove the fifth sentence and 
add in its place ``Following the President's Memorandum of August 8, 
2020, and the Secretary's subsequent announcement on December 4, 2021, 
the Secretary is further extending until January 31, 2021, in 
accordance with the prior announcement, the waivers of the regulatory 
provisions in Sec. Sec.  682.202 and 682.209 that require that interest 
be charged on FFEL loans held by the Department from March 13, 2020, 
through March 27, 2020, and from October 1, 2020 through January 31, 
2021.''
    3. On page 79862, in the second column, in the section titled 
``Obligation to Repay (34 CFR 685.207)'', remove the fifth, sixth, and 
seventh sentences and add in their place ``The period of this benefit 
was extended to December 31, 2020 by the President's Memorandum of 
August 8, 2020. On December 4, 2020, the Secretary further extended the 
period of this benefit through January 31, 2021. Accordingly, Direct 
Loans are automatically placed in an administrative forbearance status 
that is currently scheduled to be in effect from March 13, 2020, 
through January 31, 2021.''
    4. On page 79863, in the first column, in the section titled 
``Capitalization of Interest Under the Income-Contingent Repayment Plan 
(34 CFR 685.209)'', in the second paragraph, remove ``January'' and add 
in its place ``February''.
    5. On page 79863, in the first column, in the section titled 
``Capitalization of Interest Under the Income-Contingent Repayment Plan 
(34 CFR 685.209)'', in the fourth paragraph, remove ``December 31, 
2020'' and add in its place ``January 31, 2021''.
    6. On page 79863, in the second column, in the section titled 
``Section 3513 of the CARES Act'', remove the second paragraph and add 
in its place ``On August 8, 2020, the President issued a memorandum 
directing the Secretary to continue to waive interest and payments on 
such loans until December 31, 2020. On December 4, 2020, the Secretary 
further extended these benefits through January 31, 2021. Therefore, in 
accordance with the prior announcement, the Secretary is using her 
authority under the HEROES Act to modify the terms of the benefits 
provided under section 3513 of the CARES Act such that they will 
continue to be provided to borrowers until January 31, 2021.''
    Accessible Format: On request to one of the program contact persons 
listed under FOR FURTHER INFORMATION

[[Page 5009]]

CONTACT, individuals with disabilities can obtain this document in an 
accessible format. The Department will provide the requestor with an 
accessible format that may include Rich Text Format (RTF) or text 
format (txt), a thumb drive, an MP3 file, braille, large print, 
audiotape, or compact disc, or other accessible format.
    Electronic Access to This Document: The official version of this 
document is the document published in the Federal Register. You may 
access the official edition of the Federal Register and the Code of 
Federal Regulations at: www.govinfo.gov. At this site you can view this 
document, as well as all other documents of this Department published 
in the Federal Register, in text or Portable Document Format (PDF). To 
use PDF you must have Adobe Acrobat Reader, which is available free at 
the site.
    You may also access documents of the Department published in the 
Federal Register by using the article search feature at: 
www.federalregister.gov. Specifically, through the advanced search 
feature at this site, you can limit your search to documents published 
by the Department.

Robert L. King,
Assistant Secretary for the Office of Postsecondary Education.
[FR Doc. 2020-28105 Filed 1-15-21; 8:45 am]
BILLING CODE 4000-01-P