The Sparks

There are occasions when breaking news and developments warrant immediate communications to COHEAO members.  We call these memos, “Spark Notes”.  The most recent Spark Notes can be found below – click here for the full archive.

COHEAO Implementation Update Details Temporary Loan-Cap Relief for Nursing and Allied Health Programs

Updated analysis lowers modeled annual exposure from $8.70 billion to $7.22 billion, but most of the original estimate remains—and[…]

FSA Announces Key Dates for Transfer of Federal Perkins Loan Servicing

The Department of Education’s Office of Federal Student Aid (FSA) announced that servicing of federally held Perkins Loans will[…]

Education Department Issues Interim Professional-Degree List Following Court Order

Following last week’s federal court order, the Office of Federal Student Aid (FSA) has now issued implementation guidance identifying[…]

Federal Court Stays Key Parts of New Graduate/Professional Loan Cap Rules

A federal district court has temporarily stayed key parts of the Department of Education’s new “professional degree” definition, just[…]

New Report Maps $6.1 Billion Healthcare Workforce Financing Gap as Federal Graduate Loan Caps Take Effect July 1

COHEAO’s “Mapping the Gap” report shows how the new federal limits may create operational challenges for clinical programs and[…]

COHEAO Financial Wellness Task Force Launches National Strategy to Advance Student Financial Literacy and Wellness

The Coalition of Higher Education Assistance Organizations (COHEAO) Financial Wellness Task Force, under the leadership of Dr. Lottia Windham,[…]

U.S. Department of Education Issues Final RISE Regulations

The U.S. Department of Education has published final regulations implementing the federal student loan provisions of the Working Families[…]

U.S. Department of Treasury Issues RFI on Defaulted Student Loan Collections

Following recent announcements on the transfer of defaulted accounts, the U.S. Department of Treasury has taken a meaningful step[…]