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Focus on Regulation

Tag Archives: Title IV loan

U.S. Department of Education Issues Guidance on Student Eligibility for Closed School Discharge

On December 7, 2016, the U.S. Department of Education (“ED”) issued an Electronic Announcement providing guidance about the eligibility requirements that apply if a student wishes to receive a closed school discharge of a Title IV loan. In general, a student borrower may receive a discharge of a Title IV loan if the borrower (1)