Regulacje i polityka gospodarcza · 19.09.1996

Federal Family Education Loan (FFEL) Program

The Secretary proposes to amend the Federal Family Education Loan (FFEL) Program regulations. These proposed regulations are needed to implement changes to the Higher Education Act of 1965, as amended (HEA) giving the Secretary additional powers to assure the safety of Federal reserve funds and assets maintained by guaranty agencies insuring educational loans under the FFEL Program pursuant to agreements with the Secretary. The proposed regulations would establish appropriate conflicts of interest restrictions for guaranty agency staff and affiliated individuals and would prohibit agencies from using Federal reserve funds for certain purposes.