The web site link and its content are posted as a resource to those who visit our website.  The opinions and views expressed in the linked web site and its content are the opinions of the designated authors and do not reflect the opinions or views of ConServe.

InsideARM shared that the U.S. House of Representatives passed H.R. 5003, Fair Debt Collection Practices for Servicemembers Act with a unanimous vote, 355-0. The bill is now being reviewed by the Senate.  Read the article 

Federal Student Aid shared information from the U.S. Department of Education regarding steps they are taking to ensure confidentialy, security, and integrity of student and  parent information related to federal student aid programs.  Read the announcement

The Credit Union National Association (CUNA) shared a news-release regarding National Credit Union Administration Board Member, Todd Harper's outline during CUNA's 2020 Governmental Affairs Conference.  Mr. Harper shared his philosophy on the four primary priorities, including:  (1) Capital and liquidity, (2) cybersecurity, (3) diversity, equity and inclusion (DEI) and (4) consumer financial protection.  Click here to read the article

Federal Student Aid shared information regarding Title IV, Federal Student loan programs particpants with information and a new form regarding Forgery Loan Discharge process for U.S. Department of Education held loans.  Read the announcement

Federal Student Aid shared general information regarding student loan interest payments in 2019 to help the financial aid community better prepare for tax season.  Read the announcement

The Consumer Financial Protection Bureau (CFPB) released a policy statement on January 24, 2020 regarding the framework that it will use in enforcement activities related to the catch-all category of “abusiveness.”  Click here to view the policy statement

Coalition of Higher Education Assistance Organizations (COHEAO) shared "Spark Note" regarding important sign-on letter that is open to both associations and institutions of higher education.  COHEAO is encouraging support to sign-on to this letter and complete this form.  Click here to vist the COHEAO "Spark Notes"

Federal Student Aid has shared a series of updates to the quarterly application, disbursement, and portfolio reports available on the FSA Data Center through September 20, 2019.  Including:  Key findings for Loan Portfolio Overview, Application Volume, Income-Driven Repayment Enrollment, New Defaults and Delinquencies,  Borrower Defense to Repayment Report, and Public Service Loan Forgiveness.  FSA also shared notes to accurately interpret the data.  Read the announcement

In this announcement, Financial Student Aid shared information to assist schools with reconciling the William D. Ford Federal Direct Loan (Direct Loan) Program.  The information within the notice should be shared by both the financial aid offices and business offices.  Read the announcement 

CFPB shares tools and resources to help students, young adults, and their families manage their money, building credit and paying for college and student loans.  Click here to visit the CFPB webpage

Federal Student Aid has announced the availability of the updated NSLDS Enrollement Reporting Guide (November, 2019).  To access the NSLDS Enrollment Reporting Guide

In the announcement, Financial Student Aid reminds schools of the general disbursement reporting, excess cash, and reconciliation requirements for all Title IV programs. Read the announcement 

Federal Student Aid has released Volume 6 – Campus Based Programs of the 2019-2020 Federal Student Aid Handbook.  Click here to access the 2019-2020 Federal Student Aid Handbook

National Credit Union Administration (NCUA) recognizes the importance of cybersecurity and has shared Web and Cybersecurity Resources for informational purposes.  Click here to access the NCUA's Cybersecurity Resources

The Department of Education (the Department) has provided information about the Federal Perkins Loan Revolving Fund Distribution of Assets and Timelines for 2019-2020.  Click here to read the electronic announcement

The Department of Education (the Department) has provided access to the documents that represent the National Default Rate Briefing for 2016's offical CDR.  Click here to read the electronic announcement

The Department of Education (the Department) determined that it has the authority to reimburse institutions the institutional share of Perkins Loan Service Cancellations from the Perkins Fund.  Click here to read the electronic announcement

The charts show the variable interest rates applicable to the Federal Stafford, Federal SLS, Federal PLUS, and Federal Consolidation loan programs for the period July 1, 2019 –June 30, 2020. Click here for details 

The Department of Education has decided not to require a distribution of assets from the institution’s Perkins Fund for the 2018–19 Award Year. Click here to read more

In a notice dated May 23, 2019, FSA published information on “Interest Rates for Direct Loans First Disbursed Between July 1, 2019 and June 30, 2020.” Click here for more

The Consumer Financial Protection Bureau recently posted a blog outlining its Spring 2019 Rulemaking Agenda as part of the Spring 2019 Unified Agenda of Federal Regulatory and Deregulatory Actions, which is coordinated by the White House Office of Management and Budget. Click here for the full blog post

The Department of Education’s (ED) College Scorecard this week was updated to include program-level student debt data as well as new information on 2,100 additional postsecondary education options and more information on graduation rates. Click here the full announcement

As work continues to reach an agreement on standard terminology and format for financial aid offers, the U.S. Department of Education offered the following guidance on what schools should avoid when issuing financial aid offers. Click here to get the recommendations.

Congress passed the Economic Growth, Regulatory Relief, and Consumer Protection Act in May, 2018.  Additional amendments related to veterans' medical debts go into effect May 24, 2019.  Click to read more.

NCUA recently linked to an article discussing the CFPB's Release of their Small Entity Compliance Guide Summarizing the Payday, Vehicle Title, and Certain High-Cost Installment Loans Rule. Click to read more

The CFPB and FTC have published their annual Fair Debt Collection Practices Act (FDCPA) report to
Congress. The report, which the Bureau and FTC are statutorily required to produce, summarizes various
trends in debt collection in numerous markets. Click to read more

COHEAO and others have been talking to the Department of Education and Congress about the obligation under the Higher Education Act for the Department to reimburse institutions for their share of cancelled Perkins loans. Click to read more

Colleen Campbell, Director, Postsecondary Education for Center for American Progress joins NACUBO’s Bryan Dickson to talk about the Department of Education’s Federal Student Aid proposed payment vehicle and the myStudentAid app. Click to read more

In this announcement, Federal Student Aid provides specific information to assist your school in reconciling the Federal Pell Grant (Pell Grant) Program. Click to read more

If you made federal student loan payments in 2018, you may be eligible to deduct a portion of the interest paid on your 2018 federal tax return. Click here to learn how these things can benefit you.

Subcategories

Coffee's on us

Schedule an appointment and
coffee's on ConServe at our
first meeting.*

Call (800) 724-7500 or
Find Your Sales Representative

*Valid for first time appointments only

Learn how to
Recover more in
5 minutes!

Try Our Calculator

Ready to Get Started?

Call (800) 724-7500 Today or

Find Your Sales Representative