Student Assistance General Provisions, Federal Family Education Loan Program, and William D. Ford Federal Direct Loan Program

The Department of Education established new institutional accountability regulations governing the William D. Ford Federal Direct Loan program to revise a federal standard and a process for adjudicating borrower defenses to repayment claims for federal student loans first disbursed on or after July 1, 2020, and provide for actions the secretary may take to collect from schools the amount of financial loss due to successful borrower defense to repayment loan discharges