ED provides guidance for making final loans under the FFELP
Dear Colleague Letter GEN-10-10/FP-10-02 provides schools and lenders with implementation guidance related to the June 30, 2010 deadline for the making of FFELP loans.

Part 2 of ED's answers to transition questions — Direct loans
ED recently held the first of two webinars designed to answer questions for financial aid administrators at schools that are currently transitioning to the Federal Direct Loan Program. Topics covered included funds management, entrance and exit counseling, MPNs and applications, PLUS loans and credit checks, reports, and reconciliation.

Updated 2009-10 Bill of Sale instructions for Put program available
ED recently updated the submission instructions for the Bill of Sale for the 2009-2010 Master Loan Sale Agreement under ED's Loan Purchase Program.

ED releases program integrity proposed rules
ED published proposed rules for program integrity issues in the Federal Register and requested public comment by August 2, 2010.

New IBR forms for FFEL borrowers available
In a recent Dear Colleague Letter, ED announced the availability of the new Income-Based Repayment (IBR) forms for FFEL borrowers, including the Income-Based Repayment Plan Request form and the IBR Plan Alternative Documentation of Income form.

FTC delays enforcement of "Red Flags" rule through December 31, 2010
Even though the "Red Flags" rule was not issued by ED, ED released an update that the FTC has granted another delay of enforcement of the "Red Flags" rule through December 31, 2010.

Enhancing default prevention? Start the process with TG's default aversion self-assessment tool
A challenging job market and changing cohort default rate are causing schools to examine their default prevention programs. If you're enhancing your campus default prevention program, you'll find some ready support in TG's default aversion self-assessment tool.

Four ways to help your borrowers succeed in repayment
With a changing economy, many borrowers may find themselves behind on all types of accounts, including student loans. Some of them may not know what is available to help as they make student loan payments. As a school, you can offer some aid.

Ask the Policy Expert
Under Return of Title IV (R2T4) rules for a school not required to take attendance, the school may use as the withdrawal date a student's last date of attendance at an academically related activity. May documentation of the activity be provided by the student through a self-certification process developed by the school?