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Federal Updates




Shoptalk Online 144, March 5, 2002
 

Federal Updates

Second Neg Reg Session Starts

The second session of the 2002 Negotiated Rulemaking (Neg Reg) process is currently underway. This session is scheduled from March 4-8, 2002. See Shoptalk Online, Edition 137 for additional information on the process of Neg Reg, the participants, and this year's two Neg Reg teams.

Previous Session
The first session, which was held from January 14-18, established the organizational protocols to be used and the issues to be decided in this year's Neg Reg. The protocols and final agendas for Team I (Student Loan Issues) and Team II (Program and Other Issues) are posted on ED's Neg Reg web site, located at www.ed.gov/offices/OPE/rulemaking/index2002.html.

Draft Language
ED has also released draft language that it has written for some of the issues currently being discussed. Neg Reg participants (ED and other non-Federal negotiators) will start with this draft language to develop proposed language that will be sent out for public comment (see below).

The draft language, separated into four documents, is available on the National Association of Student Financial Aid Administrators (NASFAA) web site at www.nasfaa.org/publications/2002/nrnonquickfix022602.html. ED released the documents in advance of the March 4-8 session. The documents contain draft regulatory language for rules governing specifically the Perkins, FFELP, and Direct Loan Programs.

Final Session
The third and final Neg Reg session will occur from April 22-26. After Neg Reg is concluded, ED will release proposed regulatory language in the Federal Register in a Notice of Proposed Rulemaking (NPRM). The public will have a designated comment period to submit comments and suggested changes to ED. Once that period is over, ED will consider the suggestions, incorporate or reject them, and publish Final Rules.

Your Participation
TG strongly encourages its customers to stay tuned as the Neg Reg process continues. TG will be closely monitoring the process with an observer at each session. (Neal Combs, TG's Senior Vice President, Chief Operating Officer, and General Counsel, is a negotiator on Team II.)

TG also welcomes input from its customers on the draft language posted by ED and encourages you to submit comments to Vickie Tanner, TG Assistant Vice President of Customer Services, at (800) 252-9743, ext. 4526 or to send an e-mail message to vickie.tanner@tgslc.org.

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Closed School Corner

Newly Reported Closures

OPE
ID#
School Name/
School Address

Unofficial
Closure
Date
ED's Official Closure
Date

02360100

Professional Career College
1401 N. Central Expressway
Richardson, TX 75080-4410

2/18/2002

N/A

00958900

Fern's Beauty College
4135 W. Broadway
Minneapolis, MN 55422

N/A

5/31/1988

01015400

National College of Technology
4141 Highline Blvd. #100
Oklahoma City, OK 73108

N/A

2/17/1989

01024500

Commercial College
2640 Youree Dr.
Shreveport, LA 71104

N/A

11/29/1995

Newly Reported Closures

OPE
ID#
School Name/
School Address

Previously
Reported
Closure
Date
ED's Official Closure
Date

00948200

Mansfield Business School
10325 Lake June Rd.
Dallas, TX 75217

3/31/1993

4/23/1993

00948203

Mansfield Business School
2638 Two Notch Rd.
Columbia, SC 29204

8/1/1991

4/29/1993

01039700

Laurenwood College
9719 Lincoln Village
Sacramento, CA 95814

4/5/1989

3/31/1989

01040300

Cosmetology Training Center
6337 Penn Ave. S.
Richfield, MN 55423

8/5/1994

8/4/1994

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