DCLPublicationDate: 1/1/96 DCLID: GEN-96-4 AwardYear: Summary: This letter references an Advance Notice of Proposed Rulemaking that was recently published in the Federal Register regarding a new draft proposal for improved oversight in the Federal student aid programs. JAN 31 1996 GEN-96-4 SUMMARY: This letter references an Advance Notice of Proposed Rulemaking that was recently published in the Federal Register regarding a new draft proposal for improved oversight in the Federal student aid programs. Dear Financial Aid Administrator: Enclosed is a reprint of an Advance Notice of Proposed Rulemaking (ANPRM) that was recently published in the Federal Register. The ANPRM includes a draft proposal for an initiative designed to enhance the Department of Education's monitoring and oversight of institutions that participate in the Title IV student financial aid programs. The proposal has three components: (1) The Department would provide relief from administrative burden, particularly to institutions that have records of outstanding performance in administering Title IV programs and strong financial responsibility; (2) The Department would increase its monitoring and oversight of at-risk institutions; (3) The Department would work to improve the ability of students to obtain information about the educational programs they are considering for enrollment. The ANPRM outlines a series of questions that directly pertain to the proposal. We welcome any comments and suggestions you may have regarding these questions or any aspect of the proposal. All comments and suggestions can be sent to Adam Ochlis, U.S. Department of Education, 600 Independence Avenue, SW (Room 4050, ROB-3), Washington, DC 20202 or, by e-mail, Adam_Ochlis@ed.gov Sincerely, David A. Longanecker |