News
Common Manual News Update
On December 20, 2007, the Common Manual Governing Board approved seven proposals to modify the Common Manual.
Category: General
The changes made in the proposals will be incorporated into the Common Manual with the publication of the next update in 2008. These proposals modify the following sections of the manual:
Lender Fee
Section 3.5.A - Federal Origination Fee and Lender Fee
Consolidation Loan Verification Certificates
Section 15.3.C - Reviewing the Loan Verification Certificate
Student Eligibility Requirements
Section 5.1.B - Student Eligibility Requirements
Additional Unsubsidized Stafford Eligibility for a Dependent Student
Section 6.15.D - Additional Unsubsidized Stafford Eligibility for a Dependent Student
Disclosure Requirements
Section 7.6.A - General and Initial Disclosure Requirements
Overawards
Section 8.6 - Managing Overawards
Excess Interest Rebates
Section 10.9.C - Excess Interest Rebates
Copies of the bulletin language for these proposals are available from the Common Manual’s webpage at www.commonmanual.org. The bulletin language is available under the Approved Policies and the Integrated Common Manual can be found under the Common Manual heading.
Lender Fee
Section 3.5.A - Federal Origination Fee and Lender Fee
Consolidation Loan Verification Certificates
Section 15.3.C - Reviewing the Loan Verification Certificate
Student Eligibility Requirements
Section 5.1.B - Student Eligibility Requirements
Additional Unsubsidized Stafford Eligibility for a Dependent Student
Section 6.15.D - Additional Unsubsidized Stafford Eligibility for a Dependent Student
Disclosure Requirements
Section 7.6.A - General and Initial Disclosure Requirements
Overawards
Section 8.6 - Managing Overawards
Excess Interest Rebates
Section 10.9.C - Excess Interest Rebates
Copies of the bulletin language for these proposals are available from the Common Manual’s webpage at www.commonmanual.org. The bulletin language is available under the Approved Policies and the Integrated Common Manual can be found under the Common Manual heading.