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AAU, Associations Urge Education Department to Extend Comment Deadline on Third-Party Servicers Letter

AAU joined ACE and 45 other higher education organizations in sending a letter urging the Department of Education to extend the deadline for submitting comments to its February 15 Dear Colleague Letter (DCL) on the requirements and responsibilities for third-party servicers (TPS) and institutions by a minimum of 30 days. The letter also asked ED to extend the May 1 institutional reporting deadline contained in the guidance by 30 days. The letter noted that higher education institutions need additional time to “provide meaningful comments on the important and complex issues raised in the DCL” and to “analyze their TPS contracts and arrangements to ensure that all TPS requirements are met.”

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