Office of Postsecondary Education; Notice of Intent To Establish Negotiated Rulemaking Committees Under Title IV of the Higher Education Act of 1965, as Amended, 71117-71119 [E6-20931]
Download as PDF
<![CDATA[
Federal Register / Vol. 71, No. 236 / Friday, December 8, 2006 / Proposed Rules
distributions shall’’ is corrected to read
‘‘except that such distribution shall’’.
22. On page 51164, column 1,
§ 1.959–1(b)(2), first paragraph of the
column, fifth and sixth lines, the
language ‘‘any) that are attributable to
section 951(a) inclusions.’’ is corrected
to read ‘‘any).’’.
23. On page 51164, column 1,
§ 1.959–1(b)(3), second paragraph of the
column, third line, the language
‘‘income with respect to the previously’’
is corrected to read ‘‘a United States
shareholder’s income with respect to the
previously’’.
24. On page 51164, column 1,
§ 1.959–1(b)(4)(iii), second line from the
bottom of the paragraph, the language
‘‘corporations are members of the same’’
is corrected to read ‘‘if both the first
mentioned corporation and the covered
shareholder are members of the same’’.
25. On page 51165, column 1,
§ 1.959–1(d)(3), second paragraph of the
column, first line, the language ‘‘The
application of this paragraph’’ is
corrected to read ‘‘Examples. The
application of this paragraph’’.
26. On page 51165, column 1,
§ 1.959–1(d)(3), Example 1., paragraph
heading, the language ‘‘Shareholder
previously taxed earnings and profits
account.’’ is corrected to read
‘‘Shareholder’s previously taxed
earnings and profits account.’’.
27. On page 51165, column 1,
§ 1.959–1(d)(3)(i), eighth and ninth
lines, the language ‘‘currency. FC earns
$100x of subpart F income in year 1 and
$100x of non-subpart’’ is corrected to
read ‘‘currency. In year 1, FC earns
$100x of subpart F income and $100x of
non-subpart F’’.
pwalker on PRODPC60 with PROPOSALS
§ 1.959–2
[Corrected]
28. On page 51165, column 2,
§ 1.959–2(a)(1), fourth line from the
bottom of the paragraph, the language
‘‘income of such distributee CFC also’’
is corrected to read ‘‘income of such
upper-tier CFC also’’.
29. On page 51165, column 3,
§ 1.959–2(a)(2), paragraph (i) of Example
2., second line from the bottom of the
paragraph, the language ‘‘2, and FC had
no earnings for year 2 other’’ is
corrected to read ‘‘2, and FC had no
earnings and profits for year 2 other’’.
30. On page 51165, column 3,
§ 1.959–2(a)(2), paragraph (ii) of
Example 3., eighth and ninth lines, the
language ‘‘DP’s pro rata share of the
remaining $50, or $35 ($50 × 70%), is
included in DP’s gross’’ is corrected to
read ‘‘DP’s pro rata share of the
remaining $50x, or $35x ($50x × 70%),
is included in DP’s gross’’.
31. On page 51166, column 1,
§ 1.959–2(a)(2), paragraph (ii) of
VerDate Aug<31>2005
16:40 Dec 07, 2006
Jkt 211001
Example 3., first paragraph of the
column, first line, the language
‘‘reduced to $0, however, as a result of
the’’ is corrected to read ‘‘reduced to $0,
as a result of the’’.
32. On page 51166, column 1,
§ 1.959–2(b)(2), third paragraph of the
column, first line, the language ‘‘The
application of this paragraph’’ is
corrected to read ‘‘Example. The
application of this paragraph’’.
§ 1.959–3
[Corrected]
33. On page 51166, column 3,
§ 1.959–3(b)(3)(i), third paragraph of the
column, fifth through twelfth lines, the
language ‘‘earnings and profits in the
year in which such amounts are
included in gross income of a United
States shareholder under section 951(a)
and are reclassified as to category of
earnings and profits in the year in
which such amounts would be so
included but for the provisions of’’ is
corrected to read ‘‘earnings and profits
in the taxable year of the foreign
corporation in which such amounts are
included in the gross income of a
United States shareholder under section
951(a) and are reclassified as to category
of earnings and profits in the taxable
year of the foreign corporation in which
such amounts would be so included in
the gross income of a United States
shareholder under section 951(a) but for
the provisions of’’.
34. On page 51167, column 2,
§ 1.959–3(c)(1), third paragraph of the
column, fourth line, the language ‘‘are
distributed by a foreign corporation’’ is
corrected to read ‘‘are distributed by a
foreign corporation to another foreign
corporation’’.
35. On page 51167, column 2,
§ 1.959–3(c)(1), fourteenth line, the
language ‘‘included in the foreign
corporation’s’’ is corrected to read
‘‘included in the distributee foreign
corporation’s’’.
36. On page 51167, column 2,
§ 1.959–3(c)(2), fourth paragraph of the
column, first line, the language ‘‘The
application of this paragraph’’ is
corrected to read ‘‘Example. The
application of this paragraph’’.
37. On page 51172, column 3,
§ 1.959–3(g)(4), paragraph (i) of Example
1., first paragraph of the column, fourth
line from the bottom of the paragraph,
the language ‘‘earnings and profits on its
stock Class A’’ is corrected to read
‘‘earnings and profits on its Class A’’.
38. On page 51173, column 3,
§ 1.959–3(g)(4), paragraph (i) of Example
5., third line, the language ‘‘on its stock
Class A stock consisting of a’’ is
corrected to read ‘‘ on its Class A stock
consisting of a’’.
PO 00000
Frm 00043
Fmt 4702
Sfmt 4702
71117
39. On page 51174, column 3,
§ 1.959–3(h)(3)(i), third paragraph of the
column, fourth line from the bottom of
the paragraph, the language ‘‘§§ 1.959–
1 and this section shall apply’’ is
corrected to read ‘‘§ 1.959–1 and this
section shall apply’’.
40. On page 51175, column 1,
§ 1.959–3(h)(4)(i), fourth paragraph of
the column, fifth line from the bottom
of the paragraph, the language
‘‘§§ 1.959–1 and this section shall’’ is
corrected to read ‘‘§ 1.959–1 and this
section shall’’.
41. On page 51175, column 1,
§ 1.959–3(h)(4)(ii), fifth paragraph of the
column, first line, the language ‘‘The
application of this paragraph’’ is
corrected to read ‘‘Example. The
application of this paragraph’’.
§ 1.961–2
[Corrected]
42. On page 51177, column 1,
§ 1.961–2(d), paragraph (i) of Example
3., third paragraph of the column, third
line from the bottom of the paragraph,
the language ‘‘December 31, of year 1. In
year 2, DP has a’’ is corrected to read
‘‘December 31 of year 1. In year 2, DP
has a’’.
§ 1.961–3
[Corrected]
43. On page 51177, column 2,
§ 1.961–3(a)(1), first paragraph of the
column, second line from the bottom of
the paragraph, the language
‘‘shareholders gross income under’’ is
corrected to read ‘‘shareholder’s gross
income under’’.
44. On page 51177, column 3,
§ 1.961–3(b)(1), third paragraph of the
column, twelfth line, the language ‘‘than
wholly owned by a single United’’ is
corrected to read ‘‘than wholly
indirectly owned by a single United’’.
LaNita Van Dyke,
Chief, Publications and Regulations Branch,
Legal Processing Division, Associate Chief
Counsel, (Procedure and Administration).
[FR Doc. E6–20798 Filed 12–7–06; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF EDUCATION
34 CFR Parts 674, 682, and 685
Office of Postsecondary Education;
Notice of Intent To Establish
Negotiated Rulemaking Committees
Under Title IV of the Higher Education
Act of 1965, as Amended
Department of Education.
Notice of negotiated rulemaking.
AGENCY:
ACTION:
SUMMARY: The Secretary of Education
(Secretary) announces the establishment
of a negotiated rulemaking committee to
E:\FR\FM\08DEP1.SGM
08DEP1
pwalker on PRODPC60 with PROPOSALS
71118
Federal Register / Vol. 71, No. 236 / Friday, December 8, 2006 / Proposed Rules
develop proposed regulations related to
the Federal student loan programs
authorized by Title IV, Parts B, D, and
E of the Higher Education Act of 1965,
as amended (HEA). The Secretary is also
announcing that she will establish a
negotiating committee that will begin
meeting in January to address issues
related to the Academic
Competitiveness Grant (ACG) and the
National Science and Mathematics
Access to Retain Talent (National
SMART) Grant programs. The Secretary
is still considering whether to establish
additional committees to address
accreditation issues and/or other Title
IV programmatic, institutional eligibility
and general provisions issues.
The Secretary also is announcing that
she is reopening our request for
nominations of individual negotiators to
serve on the ACG and National SMART
Grant programs committee and any
additional negotiating committees that
may be formed to address accreditation
issues and other Title IV programmatic,
institutional eligibility, and general
provisions issues.
DATES: The dates for the negotiation
sessions are listed in the SUPPLEMENTARY
INFORMATION section of this notice. We
must receive your nominations for
negotiators to serve on the ACG and
National SMART Grant programs
committee and on any additional
committees that may be established to
address accreditation issues and other
Title IV programmatic, institutional
eligibility, and general provisions issues
on or before December 22, 2006.
FOR FURTHER INFORMATION CONTACT:
Wendy Macias, U.S. Department of
Education, 1990 K Street, NW., room
8017, Washington, DC 20006.
Telephone: (202) 502–7526. E-mail:
Wendy.Macias@ed.gov.
If you use a telecommunications
device for the deaf (TDD), you may call
the Federal Relay Service (FRS) at 1–
800–877–8339.
Individuals with disabilities may
obtain this document in an alternative
format (e.g., Braille, large print,
audiotape, or computer diskette) on
request to the contact person listed in
this section.
SUPPLEMENTARY INFORMATION: On August
18, 2006, we published a notice in the
Federal Register (71 FR 47756)
announcing our intent to establish up to
four negotiated rulemaking committees
to prepare regulations under Title IV of
the HEA. The notice also announced a
series of four regional hearings where
interested parties could suggest issues
for consideration for action by the
negotiating committees. We also invited
parties to submit issues for
VerDate Aug<31>2005
16:40 Dec 07, 2006
Jkt 211001
consideration in writing. In the notice,
we requested nominations for
individual negotiators who represent
key stakeholder constituencies that are
involved in the student financial
assistance programs authorized under
Title IV of the HEA to serve on these
committees.
After consideration of the information
received at the regional hearings and in
writing, we have decided to establish a
negotiating committee (‘‘Loans
Committee’’) that will begin meeting in
December 2006 to address issues related
to the Federal student loan programs
authorized by Title IV, Parts B, D, and
E of the HEA. We list the topics the
Loans Committee is likely to address,
the members of the committee, and the
meeting schedule for the committee
elsewhere in this notice under Loans
Committee Topics, Members, and
Meeting Schedule.
We will also establish a negotiating
committee that will begin meeting in
January 2007 to address issues related to
the ACG and the National SMART Grant
programs. We are still considering
whether to establish additional
committees to address accreditation
issues and other Title IV programmatic,
institutional eligibility and general
provisions issues.
We are reopening our request for
nominations for individual negotiators
who represent key stakeholder
constituencies to serve on the ACG and
National SMART Grant programs
committee and any additional
negotiating committees that may be
formed to address accreditation issues
and Title IV programmatic, institutional
eligibility, and general provisions issues
(see Invitation for Additional
Nominations for the ACG and National
SMART Grant Program Committees and
Possible Additional Committees
elsewhere in this notice). We will
announce the members of the ACG and
National SMART Grant programs
committee, the issues this committee
will likely address, and the meeting
schedule for this committee in the
Federal Register at a later date. We will
announce the formation of any
additional negotiating committees in the
Federal Register in early 2007.
Loans Committee Topics, Members, and
Meeting Schedule
The topics the Loans Committee is
likely to address are:
• Entrance Counseling for Graduate
and Professional Student PLUS Loan
borrowers.
• Discharge of student loans based on
identity theft of the borrower.
• Eligible lender trustee relationships
between Federal Family Education Loan
PO 00000
Frm 00044
Fmt 4702
Sfmt 4702
(FFEL) lenders and schools or schoolaffiliated organizations.
• Use of lists of FFEL preferred
lenders.
• Prohibited inducements in the
FFEL program.
• FFEL loan certification and Direct
Loan origination for non-standard term
programs.
• Modifications to the Economic
Hardship Deferment provisions and
Income Contingent Repayment Formula
to improve consideration of family size.
• Retention of disbursement records
supporting Title IV, HEA loan program
Master Promissory Notes (MPNs).
• Documentation of E-Signature
standards on Title IV Loan Program
MPNs Assigned to ED.
• Use of true and exact copies of
death certificates for discharges of
student loans based on death.
• The impact of retroactive
conditional disability periods on total
and permanent disability loan
discharges.
• National Student Loan Data System
reporting timeframes for lenders.
• Assignment of defaulted Perkins
Loans.
• Eligibility requirements for the
Perkins Loan Program Child & Family
Service Cancellation
• Definition of ‘‘reasonable and
affordable’’ collection costs in the
Perkins Loan Program.
• Technical corrections.
This list of topics is tentative. Topics
may be added as the process continues.
In selecting individuals from the
submitted nominations, the Department
sought to assemble a balanced and
complementary representation of the
interests affected by the subject matter,
consistent with section 492 of the HEA.
We believe the individuals selected will
bring valuable knowledge and expertise
to the table, and will work as a cohesive
unit to assist us in developing proposed
regulations that are both reasonable and
effective. Individuals that were not
selected as members of the committees
will be able to attend the meetings and
have access to the negotiators. The
committee meetings will be open to the
public.
The members of the Loans Committee
are:
Students: Jennifer Pae, United States
Student Association
Alternate: Luke Swarthout, State Public
Interest Research Groups
Legal assistance organizations that
represent students: Deanne Loonin,
National Consumer Law Center.
Public 2-Year Institutions of higher
education: Darrel Hammon, Laramie
Community College.
Alternate: Kenneth L. Whitehurst, North
Carolina Community Colleges.
E:\FR\FM\08DEP1.SGM
08DEP1
pwalker on PRODPC60 with PROPOSALS
Federal Register / Vol. 71, No. 236 / Friday, December 8, 2006 / Proposed Rules
Public 4-Year Institutions of higher
education: Pamela W. Fowler,
University of Michigan.
Alternate: Patricia McClug, University
of Wyoming.
Private, non-profit Institutions of higher
education: Elizabeth Hicks,
Massachusetts Institute of
Technology.
Alternate: Ellen Frishberg, Johns
Hopkins University.
Private, for-profit postsecondary
education institution: Jeff Arthur,
ECPI College of Technology.
Alternate: Robert Collins, Apollo Group,
Inc.
Historically Black Colleges and
Universities: Shari Crittendon, United
Negro College Fund.
Alternate: Dr. N. Joyce Payne, National
Association of State and Land Grant
Colleges and Universities.
Guaranty agencies: Scott Giles, Vermont
Student Assistance Corporation.
Alternate: Rachael Lohman,
Pennsylvania Higher Education
Assistance Agency.
FFEL Program Lenders: Tom
Levandowski, Wachovia Corporation.
Alternate: Lee Woods, Chase Education
Finance.
Secondary markets: Phil Van Horn,
Wyoming Student Loan Corporation.
Alternate: Robert L. Zier, Indiana
Secondary Market for Education Loan
Program, Inc.
Loan servicers: Robert Sommer, Sallie
Mae.
Alternate: Wanda Hall, EDFinancial
Services.
Guaranty agency servicers: Richard
George, Great Lakes Education
Guaranty Corporation.
Alternate: Gene Hutchins, New Jersey
Higher Education Assistance
Authority.
Institutions of higher education that
participate in the Federal Direct Loan
Program: Eileen O’Leary, Stonehill
College.
Alternate: Christine W. McGuire, Boston
University.
Institutions of higher education that
participate in the Perkins Loan
Program: Alisa Abadinsky, University
of Illinois at Chicago.
Alternate: Karen Fooks, University of
Florida.
We will hold a total of three meetings,
all of which will be held in the
metropolitan Washington, DC area. The
following is the schedule for
negotiations. This schedule is subject to
change.
• Session 1: December 12–14.
• Session 2: January 29–February 1.
• Session 3: February 26–February
28.
The December 12–14 negotiating
session is scheduled from 1 to 5 p.m. on
VerDate Aug<31>2005
16:40 Dec 07, 2006
Jkt 211001
December 12th; 9 a.m. to 5 p.m. on
December 13th; and 9 a.m. to 4 p.m. on
December 14th. The Committee will
convene at the Marriott Crystal Gateway
at 1700 Jefferson Davis Highway,
Arlington, Virginia.
We will post information about the
January and February negotiating
sessions, including information on the
meeting sites and any schedule changes,
at https://www.ed.gov/policy/highered/
reg/hearulemaking/2007/nr.html.
Participation in the rulemaking
process is not limited to members of the
committee or those who work with the
committee. Following the negotiated
rulemaking process, we will publish
proposed regulations in the Federal
Register for public comment. The target
date for publication of proposed
regulations developed by this committee
is May 2007.
Invitation for Additional Nominations
for the ACG and National SMART
Grant Programs Committee and
Possible Additional Committees
We are reopening our request for
nominations for individual negotiators
who represent key stakeholder
constituencies that are involved in the
student financial assistance programs
authorized under Title IV of the HEA to
serve on the ACG and National SMART
Grant programs committee and any
committee that may be formed to
address accreditation issues (Title IV,
Part H of the HEA) or other
programmatic, institutional eligibility,
and general provisions issues related to
Title IV, Parts A (except for ACG and
National SMART Grant programs), C, G,
and H (except subpart 2) of the HEA, as
well as Title II, Section 208(b)(2) of the
HEA. Nominations must be received on
or before December 22, 2006.
The Secretary has identified the
following constituencies as having
interests that are significantly affected
by the subject matter of the negotiating
committee for the ACG and National
SMART Grant Programs and the
committees that may be established to
negotiate changes to the other
regulations. These constituencies are:
• Students.
• Legal assistance organizations that
represent students.
• Financial aid administrators at
institutions of higher education.
• Business officers and bursars at
institutions of higher education.
• Institutional servicers (including
collection agencies).
• Trustees.
• State higher education executive
officers.
• Business and industry.
PO 00000
Frm 00045
Fmt 4702
Sfmt 4702
71119
• Institutions of higher education
eligible to receive Federal assistance
under Title III, Parts A and B, and Title
V of the HEA, which includes
Historically Black Colleges and
Universities, Hispanic-Serving
Institutions, American Indian Tribally
Controlled Colleges and Universities,
Alaska Native and Native HawaiianServing Institutions, and other
institutions with a substantial
enrollment of needy students as defined
in Title III of the HEA.
• Two-year public institutions of
higher education.
• Four-year public institutions of
higher education.
• Private, non-profit institutions of
higher education.
• Private, for-profit institutions of
higher education.
• Guaranty agencies and guaranty
agency servicers (including collection
agencies).
• Lenders, secondary markets, and
loan servicers.
• Accrediting agencies.
• K–12 public schools, including
charter schools.
• State Governors.
• Private schools and home schooled
students.
• Admissions officers at
postsecondary education institutions.
• Parent organizations.
• Organizations related to National
SMART Grant majors.
Individuals who were nominated for
these committees in response to our
earlier notice do not need to be
renominated.
Electronic Access to This Document
You may view this document in text
or Adobe Portable Document Format
(PDF) on the Internet at the following
site: https://www.ed.gov/news/
fedregister.
To use PDF you must have Adobe
Acrobat Reader, which is available free
at this site. If you have questions about
using PDF, call the U.S. Government
Printing Office toll free at 1–888–293–
6498; or in the Washington, DC area at
(202) 512–1530.
Note: The official version of this document
is the document published in the Federal
Register. Free Internet access to the official
edition of the Federal Register and the Code
of Federal Regulations is available on GPO
Access at: https://www.gpoaccess.gov/nara/
index.html.
Program Authority: 20 U.S.C. 1098a.
Dated: December 5, 2006.
James F. Manning,
Delegated the Authority of Assistant Secretary
for Postsecondary Education.
[FR Doc. E6–20931 Filed 12–7–06; 8:45 am]
BILLING CODE 4000–01–P
E:\FR\FM\08DEP1.SGM
08DEP1
]]>Agencies
[Federal Register Volume 71, Number 236 (Friday, December 8, 2006)]
[Proposed Rules]
[Pages 71117-71119]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-20931]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF EDUCATION
34 CFR Parts 674, 682, and 685
Office of Postsecondary Education; Notice of Intent To Establish
Negotiated Rulemaking Committees Under Title IV of the Higher Education
Act of 1965, as Amended
AGENCY: Department of Education.
ACTION: Notice of negotiated rulemaking.
-----------------------------------------------------------------------
SUMMARY: The Secretary of Education (Secretary) announces the
establishment of a negotiated rulemaking committee to
[[Page 71118]]
develop proposed regulations related to the Federal student loan
programs authorized by Title IV, Parts B, D, and E of the Higher
Education Act of 1965, as amended (HEA). The Secretary is also
announcing that she will establish a negotiating committee that will
begin meeting in January to address issues related to the Academic
Competitiveness Grant (ACG) and the National Science and Mathematics
Access to Retain Talent (National SMART) Grant programs. The Secretary
is still considering whether to establish additional committees to
address accreditation issues and/or other Title IV programmatic,
institutional eligibility and general provisions issues.
The Secretary also is announcing that she is reopening our request
for nominations of individual negotiators to serve on the ACG and
National SMART Grant programs committee and any additional negotiating
committees that may be formed to address accreditation issues and other
Title IV programmatic, institutional eligibility, and general
provisions issues.
DATES: The dates for the negotiation sessions are listed in the
SUPPLEMENTARY INFORMATION section of this notice. We must receive your
nominations for negotiators to serve on the ACG and National SMART
Grant programs committee and on any additional committees that may be
established to address accreditation issues and other Title IV
programmatic, institutional eligibility, and general provisions issues
on or before December 22, 2006.
FOR FURTHER INFORMATION CONTACT: Wendy Macias, U.S. Department of
Education, 1990 K Street, NW., room 8017, Washington, DC 20006.
Telephone: (202) 502-7526. E-mail: Wendy.Macias@ed.gov.
If you use a telecommunications device for the deaf (TDD), you may
call the Federal Relay Service (FRS) at 1-800-877-8339.
Individuals with disabilities may obtain this document in an
alternative format (e.g., Braille, large print, audiotape, or computer
diskette) on request to the contact person listed in this section.
SUPPLEMENTARY INFORMATION: On August 18, 2006, we published a notice in
the Federal Register (71 FR 47756) announcing our intent to establish
up to four negotiated rulemaking committees to prepare regulations
under Title IV of the HEA. The notice also announced a series of four
regional hearings where interested parties could suggest issues for
consideration for action by the negotiating committees. We also invited
parties to submit issues for consideration in writing. In the notice,
we requested nominations for individual negotiators who represent key
stakeholder constituencies that are involved in the student financial
assistance programs authorized under Title IV of the HEA to serve on
these committees.
After consideration of the information received at the regional
hearings and in writing, we have decided to establish a negotiating
committee (``Loans Committee'') that will begin meeting in December
2006 to address issues related to the Federal student loan programs
authorized by Title IV, Parts B, D, and E of the HEA. We list the
topics the Loans Committee is likely to address, the members of the
committee, and the meeting schedule for the committee elsewhere in this
notice under Loans Committee Topics, Members, and Meeting Schedule.
We will also establish a negotiating committee that will begin
meeting in January 2007 to address issues related to the ACG and the
National SMART Grant programs. We are still considering whether to
establish additional committees to address accreditation issues and
other Title IV programmatic, institutional eligibility and general
provisions issues.
We are reopening our request for nominations for individual
negotiators who represent key stakeholder constituencies to serve on
the ACG and National SMART Grant programs committee and any additional
negotiating committees that may be formed to address accreditation
issues and Title IV programmatic, institutional eligibility, and
general provisions issues (see Invitation for Additional Nominations
for the ACG and National SMART Grant Program Committees and Possible
Additional Committees elsewhere in this notice). We will announce the
members of the ACG and National SMART Grant programs committee, the
issues this committee will likely address, and the meeting schedule for
this committee in the Federal Register at a later date. We will
announce the formation of any additional negotiating committees in the
Federal Register in early 2007.
Loans Committee Topics, Members, and Meeting Schedule
The topics the Loans Committee is likely to address are:
Entrance Counseling for Graduate and Professional Student
PLUS Loan borrowers.
Discharge of student loans based on identity theft of the
borrower.
Eligible lender trustee relationships between Federal
Family Education Loan (FFEL) lenders and schools or school-affiliated
organizations.
Use of lists of FFEL preferred lenders.
Prohibited inducements in the FFEL program.
FFEL loan certification and Direct Loan origination for
non-standard term programs.
Modifications to the Economic Hardship Deferment
provisions and Income Contingent Repayment Formula to improve
consideration of family size.
Retention of disbursement records supporting Title IV, HEA
loan program Master Promissory Notes (MPNs).
Documentation of E-Signature standards on Title IV Loan
Program MPNs Assigned to ED.
Use of true and exact copies of death certificates for
discharges of student loans based on death.
The impact of retroactive conditional disability periods
on total and permanent disability loan discharges.
National Student Loan Data System reporting timeframes for
lenders.
Assignment of defaulted Perkins Loans.
Eligibility requirements for the Perkins Loan Program
Child & Family Service Cancellation
Definition of ``reasonable and affordable'' collection
costs in the Perkins Loan Program.
Technical corrections.
This list of topics is tentative. Topics may be added as the
process continues.
In selecting individuals from the submitted nominations, the
Department sought to assemble a balanced and complementary
representation of the interests affected by the subject matter,
consistent with section 492 of the HEA. We believe the individuals
selected will bring valuable knowledge and expertise to the table, and
will work as a cohesive unit to assist us in developing proposed
regulations that are both reasonable and effective. Individuals that
were not selected as members of the committees will be able to attend
the meetings and have access to the negotiators. The committee meetings
will be open to the public.
The members of the Loans Committee are:
Students: Jennifer Pae, United States Student Association
Alternate: Luke Swarthout, State Public Interest Research Groups
Legal assistance organizations that represent students: Deanne Loonin,
National Consumer Law Center.
Public 2-Year Institutions of higher education: Darrel Hammon, Laramie
Community College.
Alternate: Kenneth L. Whitehurst, North Carolina Community Colleges.
[[Page 71119]]
Public 4-Year Institutions of higher education: Pamela W. Fowler,
University of Michigan.
Alternate: Patricia McClug, University of Wyoming.
Private, non-profit Institutions of higher education: Elizabeth Hicks,
Massachusetts Institute of Technology.
Alternate: Ellen Frishberg, Johns Hopkins University.
Private, for-profit postsecondary education institution: Jeff Arthur,
ECPI College of Technology.
Alternate: Robert Collins, Apollo Group, Inc.
Historically Black Colleges and Universities: Shari Crittendon, United
Negro College Fund.
Alternate: Dr. N. Joyce Payne, National Association of State and Land
Grant Colleges and Universities.
Guaranty agencies: Scott Giles, Vermont Student Assistance Corporation.
Alternate: Rachael Lohman, Pennsylvania Higher Education Assistance
Agency.
FFEL Program Lenders: Tom Levandowski, Wachovia Corporation.
Alternate: Lee Woods, Chase Education Finance.
Secondary markets: Phil Van Horn, Wyoming Student Loan Corporation.
Alternate: Robert L. Zier, Indiana Secondary Market for Education Loan
Program, Inc.
Loan servicers: Robert Sommer, Sallie Mae.
Alternate: Wanda Hall, EDFinancial Services.
Guaranty agency servicers: Richard George, Great Lakes Education
Guaranty Corporation.
Alternate: Gene Hutchins, New Jersey Higher Education Assistance
Authority.
Institutions of higher education that participate in the Federal Direct
Loan Program: Eileen O'Leary, Stonehill College.
Alternate: Christine W. McGuire, Boston University.
Institutions of higher education that participate in the Perkins Loan
Program: Alisa Abadinsky, University of Illinois at Chicago.
Alternate: Karen Fooks, University of Florida.
We will hold a total of three meetings, all of which will be held
in the metropolitan Washington, DC area. The following is the schedule
for negotiations. This schedule is subject to change.
Session 1: December 12-14.
Session 2: January 29-February 1.
Session 3: February 26-February 28.
The December 12-14 negotiating session is scheduled from 1 to 5
p.m. on December 12th; 9 a.m. to 5 p.m. on December 13th; and 9 a.m. to
4 p.m. on December 14th. The Committee will convene at the Marriott
Crystal Gateway at 1700 Jefferson Davis Highway, Arlington, Virginia.
We will post information about the January and February negotiating
sessions, including information on the meeting sites and any schedule
changes, at https://www.ed.gov/policy/highered/reg/hearulemaking/2007/
nr.html.
Participation in the rulemaking process is not limited to members
of the committee or those who work with the committee. Following the
negotiated rulemaking process, we will publish proposed regulations in
the Federal Register for public comment. The target date for
publication of proposed regulations developed by this committee is May
2007.
Invitation for Additional Nominations for the ACG and National SMART
Grant Programs Committee and Possible Additional Committees
We are reopening our request for nominations for individual
negotiators who represent key stakeholder constituencies that are
involved in the student financial assistance programs authorized under
Title IV of the HEA to serve on the ACG and National SMART Grant
programs committee and any committee that may be formed to address
accreditation issues (Title IV, Part H of the HEA) or other
programmatic, institutional eligibility, and general provisions issues
related to Title IV, Parts A (except for ACG and National SMART Grant
programs), C, G, and H (except subpart 2) of the HEA, as well as Title
II, Section 208(b)(2) of the HEA. Nominations must be received on or
before December 22, 2006.
The Secretary has identified the following constituencies as having
interests that are significantly affected by the subject matter of the
negotiating committee for the ACG and National SMART Grant Programs and
the committees that may be established to negotiate changes to the
other regulations. These constituencies are:
Students.
Legal assistance organizations that represent students.
Financial aid administrators at institutions of higher
education.
Business officers and bursars at institutions of higher
education.
Institutional servicers (including collection agencies).
Trustees.
State higher education executive officers.
Business and industry.
Institutions of higher education eligible to receive
Federal assistance under Title III, Parts A and B, and Title V of the
HEA, which includes Historically Black Colleges and Universities,
Hispanic-Serving Institutions, American Indian Tribally Controlled
Colleges and Universities, Alaska Native and Native Hawaiian-Serving
Institutions, and other institutions with a substantial enrollment of
needy students as defined in Title III of the HEA.
Two-year public institutions of higher education.
Four-year public institutions of higher education.
Private, non-profit institutions of higher education.
Private, for-profit institutions of higher education.
Guaranty agencies and guaranty agency servicers (including
collection agencies).
Lenders, secondary markets, and loan servicers.
Accrediting agencies.
K-12 public schools, including charter schools.
State Governors.
Private schools and home schooled students.
Admissions officers at postsecondary education
institutions.
Parent organizations.
Organizations related to National SMART Grant majors.
Individuals who were nominated for these committees in response to
our earlier notice do not need to be renominated.
Electronic Access to This Document
You may view this document in text or Adobe Portable Document
Format (PDF) on the Internet at the following site: https://www.ed.gov/
news/fedregister.
To use PDF you must have Adobe Acrobat Reader, which is available
free at this site. If you have questions about using PDF, call the U.S.
Government Printing Office toll free at 1-888-293-6498; or in the
Washington, DC area at (202) 512-1530.
Note: The official version of this document is the document
published in the Federal Register. Free Internet access to the
official edition of the Federal Register and the Code of Federal
Regulations is available on GPO Access at: https://www.gpoaccess.gov/
nara/.
Program Authority: 20 U.S.C. 1098a.
Dated: December 5, 2006.
James F. Manning,
Delegated the Authority of Assistant Secretary for Postsecondary
Education.
[FR Doc. E6-20931 Filed 12-7-06; 8:45 am]
BILLING CODE 4000-01-P
