United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2015_register executive 2015-10-30 article Part V Rules and Regulations D09002ee1c7f6f1bf D09002ee1c7f6f2d5 United States Department of Education originator org United States Government Agency or Subagency The Secretary amends the cash management regulations and other sections of the Student Assistance General Provisions regulations issued under the Higher Education Act of 1965, as amended (HEA). These final regulations are intended to ensure that students have convenient access to their title IV, HEA program funds, do not incur unreasonable and uncommon financial account fees on their title IV funds, and are not led to believe they must open a particular financial account to receive their Federal student aid. In addition, the final regulations update other provisions in the cash management regulations and otherwise amend the Student Assistance General Provisions. The final regulations also clarify how previously passed coursework is treated for title IV eligibility purposes and streamline the requirements for converting clock hours to credit hours. 80 FR 67126 https://www.govinfo.gov/app/details/FR-2015-10-30/2015-27145 2015-27145 fr30oc15-15 RIN 1840-AD14 4000-01-P Docket ID ED-2015-OPE-0020 https://www.govinfo.gov/app/details/FR-2015-10-30/2015-27145 https://www.govinfo.gov/content/pkg/FR-2015-10-30/html/2015-27145.htm https://www.govinfo.gov/content/pkg/FR-2015-10-30/pdf/2015-27145.pdf Colleges and Universities Consumer Protection Grant Programs-Education Loan Programs-Education Reporting and Recordkeeping Requirements Student Aid 76 p. 67126 67201 80 FR 67126 Title 34 Part 668 34 CFR Part 668 RIN 1840-AD14 Program Integrity and Improvement; Federal Register Vol. 80, Issue RULE 2015-27145 V DEPARTMENT OF EDUCATION 2016-07-01 Docket ID ED-2015-OPE-0020 4000-01-P 2015-27145 Final regulations.

The Secretary amends the cash management regulations and other sections of the Student Assistance General Provisions regulations issued under the Higher Education Act of 1965, as amended (HEA). These final regulations are intended to ensure that students have convenient access to their title IV, HEA program funds, do not incur unreasonable and uncommon financial account fees on their title IV funds, and are not led to believe they must open a particular financial account to receive their Federal student aid. In addition, the final regulations update other provisions in the cash management regulations and otherwise amend the Student Assistance General Provisions. The final regulations also clarify how previously passed coursework is treated for title IV eligibility purposes and streamline the requirements for converting clock hours to credit hours.

Effective date: These regulations are effective July 1, 2016. For clock-to-credit-hour conversion: Amy Wilson, U.S. Department of Education, 1990 K Street NW., Room 8027, Washington, DC 20006-8502. Telephone: (202) 502-7689 or by email at: amy.wilson@ed.gov. Colleges and Universities Consumer Protection Grant Programs-Education Loan Programs-Education Reporting and Recordkeeping Requirements Student Aid Program Integrity and Improvement , aaron.washington@ed.gov amy.wilson@ed.gov ashley.higgins@ed.gov nathan.arnold@ed.gov vanessa.freeman@ed.gov consumersunion.org/wp-content/uploads/2014/08/Campus_banking_products_report.pdf http://www.gpo.gov/fdsys/pkg/FR-2015-05-18/pdf/2015-11917.pdf https://ifap.ed.gov/ifap/byAwardYear.jsp?type=fsahandbook&awardyear=2015-2016 www.bls.gov/ncs/ect/sp/ecsuphst.pdf www.fdic.gov/news/news/press/2012/pr12092.html www.federalregister.gov www.gao.gov/assets/670/660919.pdf www.gpo.gov/fdsys www.sec.gov/Archives/edgar/data/1486800/000148680014000018/one10k.htm www.uspirg.org/sites/pirg/files/reports/thecampusdebitcardtrap_may2012_uspef.pdf www.whitehouse.gov/sites/default/files/omb/assets/omb/circulars/a004/a-4.pdf www2.ed.gov/about/offices/list/oig/auditreports/fy2014/x09n0003.pdf www2.ed.gov/policy/highered/reg/hearulemaking/2014/pii2-cfpb-presentation.pdf Vol. 80, no. 210 Office of the Federal Register, National Archives and Records Administration 2015-10-30 continuing daily deposited born digital 488 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2015-10-30 P0b002ee18dd5b396 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr30oc15 https://www.govinfo.gov/app/details/FR-2015-10-30 https://www.govinfo.gov/content/pkg/FR-2015-10-30/pdf/FR-2015-10-30.pdf https://www.govinfo.gov/content/pkg/FR-2015-10-30/xml/FR-2015-10-30.xml fdlp 66781 67259 DGPO 2015-10-30 2024-06-02 FR-2015-10-30 machine generated eng FR FR-2015-10-30 80 210