Federal Register: December 26, 2007 (Volume 72, Number 246)
DOCID: fr26de07-11 FR Doc E7-24947
DEPARTMENT OF EDUCATION
CFR Citation: 34 CFR Parts 668, 674, 682, and 685
ACTION: Postsecondary education:
DOCUMENT ACTION: Notice extending the waivers and modifications of statutory and regulatory provisions pursuant to the Higher Education Relief Opportunities for Students (HEROES) Act of 2003, Public Law 10876.
Federal Student Aid Programs (Student Assistance General Provisions, Federal Perkins Loan Program, Federal Direct Loan Program, Federal Family Education Loan Program)
DATES: Effective Date: December 26, 2007. Applicability Date: The actions announced in the December 12, 2003, Federal Register notice and extended in the October 20, 2005, Federal Register notice are applicable from September 30, 2007, until September 30, 2012.
We are extending the actions taken by the Secretary pursuant to the HEROES Act of 2003, as announced in a notice published in the Federal Register on December 12, 2003 (68 FR 69312), and extended in a notice published in the Federal Register on October 20, 2005 (70 FR 61037).
Federal student aid programs; waivers and modifications,
In a notice published in the Federal
Register on December 12, 2003 (68 FR 69312), the Secretary exercised
the authority granted to her by the HEROES Act of 2003 and announced
the waivers and modifications of statutory or regulatory provisions
that were appropriate to assist individuals who are applicants and
recipients of student financial assistance under Title IV of the Higher Education Act of 1965, as amended (HEA), and who
Under the terms of the HEROES Act of 2003, the Secretary's authority to provide the waivers and modifications would expire on September 30, 2005. On September 30, 2005, Pub. L. 10978 extended the expiration date of the Secretary's authority to September 30, 2007. Accordingly, the Secretary extended the expiration of the waivers and modifications published on December 12, 2003, in a notice in the Federal Register published on October 20, 2005 (70 FR 61037).
On September 30, 2007, the President signed into law Public Law 11093, which eliminated the September 30, 2007, expiration date of the HEROES Act of 2003, thereby making permanent the Secretary's authority to issue waivers and modifications of statutory and regulatory provisions under the HEROES Act of 2003. As a result, we are extending the waivers and modifications announced by the Secretary in the notice published in the Federal Register on December 12, 2003. The actions will remain in effect until September 30, 2012, unless the Secretary issues a notice in the Federal Register terminating or changing those actions before September 30, 2012.
The Secretary intends to review the waivers and modifications published on December 12, 2003, in light of recent statutory and regulatory changes. After completing that review, the Secretary will consider whether to change some or all of the published waivers and modifications. Any changes to these waivers and modifications will be published in a notice in the Federal Register as required by the HEROES Act of 2003.
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Catalog of Federal Domestic Assistance Numbers: 84.007 Federal Supplemental Educational Opportunity Grant Program; 84.032 Federal Family Education Loan Program; 84.032 Federal PLUS Program; 84.033 Federal Work Study Program; 84.038 Federal Perkins Loan Program; and 84.268 William D. Ford Federal Direct Loan Program.
Program Authority: 20 U.S.C. 1071, 1082, 1087a, 1087aa, Pub. L. 10876, Pub. L. 10978, Pub. L. 11093.
Dated: December 19, 2007.
Diane Auer Jones,
Assistant Secretary for Postsecondary Education.
[FR Doc. E724947 Filed 122107; 8:45 am]
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