The Health Care and Education Reconciliation Act of 2010 (P.L. 111-152) was signed into law on March 30, 2010. The education portion of the bill mandates a shift in all lending from the bank-based Federal Family Education Loan (FFEL) program to the Direct Loan Program by July 1, 2010. The shift is estimated by the Congressional Budget Office to generate $61 billion in savings over 10 years (FY10-19)..
H.R. 3221 contains a number of provisions that will benefit students, such as setting aside mandatory funding to supplement the Pell Grant maximum grant award over the next 10 years, streamlining the Free Application for Federal Student Aid, broadening access to Perkins Loans, and keeping subsidized student loans affordable in future years by modifying the interest rate increase scheduled to take effect in 2012..
Association of American Universities Comparison of Select Provisions in the FY08 Reconciliation Bill
I write on behalf of the higher education associations listed below, representing the nation’s 4,300 two- and four-year public and private colleges and research universities, to express our strong support for the conference report on H.R. 2669, the College Cost Reduction and Access Act. The bill will dramatically enhance the federal government’s long-term goal of ensuring access to college for all students with the ability and desire to attend higher education..
I am writing to express the views of the Department of Education on the House and Senate versions of H.R. 2669, the "College Cost Reduction Act of 2007" and the "Higher Education Access Act of 2007," respectively. I wish to highlight the Administration's most serious concerns in this letter..
Budget Reconciliation Estimates for Student Loans Over the Next Five Years
Comparison of Select Provisions in the House and Senate Higher Education Act (HEA) Reauthorization Bills
On behalf of the Association of American Universities (AAU), representing 60 leading public and private research universities in the United States, I write to express support for the Higher Education Access Act of 2007 (S. 1762). S. 1762 makes an extraordinary commitment to help students and their families realize the goal of a college education by infusing $17 billion in new spending for student aid, and it would strengthen our nation’s workforce and competitiveness in the global economy..
On behalf of the higher education associations listed below, I write to express support for S. 1762, the Higher Education Access Act of 2007. Senators Kennedy and Enzi deserve enormous credit for their efforts to make college more affordable for the millions of American students who have worked hard to prepare for college, but whose families lack the resources to send them..
The Association of American Universities supports H.R. 2669, the College Cost Reduction Act of 2007. The bill would provide $17 billion in additional funding to increase the purchasing power of Pell Grant awards and enhance federal student aid programs..
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