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Beneficiary Eligibility:

Native Hawaiians will benefit.

Credentials/Documentation:

Costs will be determined in accordance with OMB Circular No. A-87 for State and local governments. OMB Circular No. A-21 applies in the case of university grantees and OMB Circular No. A-122 applies to nonprofit grantees. OMB Circular No. A-87 applies to this program. Preapplication Coordination:

Preapplication coordination is not applicable. Environmental impact information is not required for this program. This program is excluded from coverage under E.O. 12372.

Application Procedures:

OMB Circular No. A-102 applies to this program. This program is excluded from coverage under OMB Circular No. A-110. Applications must be prepared and submitted in accordance with program announcements which are published in the Federal Register.

Award Procedure:

The Secretary of Education approves the application using the selection criteria in 34 CFR Part 75 and in the Federal Register notice, and after negotiation is completed, the Department of Education Grants Officer sends the Notification of Grant Award to the recipient.

Deadlines:

Contact the headquarters or regional office, as appropriate, for application deadlines.

Range of Approval/Disapproval Time:

Approximately 120 to 150 days after deadline for transmitting applications. Appeals:

Not Applicable.

Renewals:

Awards are made for 1 year and may be renewed for one additional year, subject to acceptable performance reports and the availability of appropriations. Formula and Matching Requirements:

Statutory formulas are not applicable to this program.

Matching requirements are not applicable to this program.

MOE requirements are not applicable to this program.

Length and Time Phasing of Assistance:

The total project period may not exceed 2 years. Renewals are subject to the availability of funds and grantee performance. See the following for information on how assistance is awarded/released: Electronic transfer. Reports:

Specific reporting requirements are contained in the grant award documents.
Cash reports are not applicable. Progress reports are not applicable. Expenditure
reports are not applicable. Performance monitoring is not applicable.
Audits:

This program is excluded from coverage under OMB Circular No. A-133. Periodic audits should be made as part of the recipient's systems of financial management and internal control to meet terms and conditions of grants and other agreements.

Records:

In accordance with Section 443 of the General Education Provisions Act, grantees must maintain records for 3 years.

Account Identification:

91-0400-0-1-501.

Obligations:

(Project Grants) FY 08 $2,902,000; FY 09 est $2,902,000; FY 10 est $2,902,000

Range and Average of Financial Assistance:

To be determined.

PROGRAM ACCOMPLISHMENTS:

Fiscal Year 2008: Native Hawaiian access to high-quality, state-of-the-art

career education has improved with the initiation of several entrepreneurship projects (forestry trade, mushroom growing, aquaculture, small business management) related to the changing Hawaiian economy, environmentally-focused projects, and assistance with guidance, counseling and education supplies for collegiate Native Hawaiians. Fiscal Year 2009: No Current Data Available Fiscal Year 2010: No Current Data Available REGULATIONS, GUIDELINES, AND LITERATURE:

34 CFR Part 75.

Regional or Local Office:

None.

Headquarters Office:

Nancy Essey Department of Education, OVAE Division of High School, Postsecondary and Career Education 400 Maryland Ave., S.W., Washington, District of Columbia 20202 Email: nancy.essey@ed.gov Phone: 202-245-7789 Website Address:

http://www.ed.gov/programs/ctenhvep/index.html.

RELATED PROGRAMS:

84.048 Career and Technical Education -- Basic Grants to States EXAMPLES OF FUNDED PROJECTS:

Fiscal Year 2008: Program funds have supported a forestry and wood trades project on the island of Hawaii, an aquaculture (fish growing in ancient, reclaimed ponds) project on the Island of Molokai, a small business ownership project for adults and a mushroom growing project in a high school on the Island of Oahu, community college guidance and counseling throughout the Islands, and an entrepreneurship project for learning disabled and emotionally challenged teenagers have been funded with one grant awarded to ALU LIKE, Inc. Fiscal Year 2009: No Current Data Available Fiscal Year 2010: No Current Data Available

CRITERIA FOR SELECTING PROPOSALS:

The following criteria are used in reviewing applications. A segment or segments of an application should address each criterion. Points are awarded to the extent that evidence in the application satisfies each criterion: (A) Program design; (B) management plan; (C) key personnel; (D) evaluation plan; and (E) budget and cost-effectiveness.

84.263 REHABILITATION TRAINING_EXPERIMENTAL AND INNOVATIVE TRAINING

FEDERAL AGENCY:

Office of Special Education and Rehabilitative Services, Department of Education

AUTHORIZATION:

Rehabilitation Act of 1973, as amended, Executive Order Title III, Section 302. OBJECTIVES:

This program is designed to: (a) Develop new types of training programs for rehabilitation personnel and to demonstrate the effectiveness of these new types of training programs for rehabilitation personnel in providing rehabilitation services to individuals with disabilities; and (b) develop new and improved methods of training rehabilitation personnel so that there may be a more effective delivery of rehabilitation services by State and other rehabilitation agencies.

TYPES OF ASSISTANCE:
PROJECT GRANTS

USES AND USE RESTRICTIONS:

Training grants are provided in fields directly related to the vocational and independent living rehabilitation of individuals with disabilities. Applicant Eligibility:

State vocational rehabilitation agencies, including Territories and other public or nonprofit agencies and organizations (including institutions of higher education) may apply.

Beneficiary Eligibility:

Individuals preparing for or employed in positions relating to the rehabilitation of individuals with disabilities will benefit.

Credentials/Documentation:

An application should show evidence of current accreditation by or seeking of accreditation from the designated accreditation agency in the respective professional field. Costs will be determined in accordance with OMB Circular No. A-87 for State and local governments. Costs will be determined in accordance with OMB Circular No. A-21 for educational institutions. OMB Circular No. A-87 applies to this program. Preapplication Coordination:

Preapplication coordination is required. Environmental impact information is not required for this program. This program is eligible for coverage under E.O. 12372, "Intergovernmental Review of Federal Programs." An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review. Application Procedures:

OMB Circular No. A-102 applies to this program. OMB Circular No. A-110 applies to this program. New applications are made to the Department of Education, Application Control Center, 400 Maryland Avenue, S.W., Washington, DC 20202-4725. Attention: 84.263.

Award Procedure:

New and continuation grants are awarded by the Rehabilitation Services Administration. All new applications are reviewed by a panel of at least three individuals. Each panel will include nonfederal consultants with experience and training in the proposed area of training.

Deadlines:

Contact the headquarters or regional office, as appropriate, for application deadlines.

Range of Approval/Disapproval Time:

From 120 to 160 days.

Appeals:

Not Applicable. Renewals:

Renewals are available only through the new application process. Projects with an approved multi-year project period may be continued based on the availability of appropriated funds and an annual review of accomplishments to determine satisfactory performance.

Formula and Matching Requirements:

This program has no statutory formula.

Matching Requirements: Grantees are required to share in the costs of projects with the proportion subject to individual negotiation. MOE requirements are not applicable to this program.

Length and Time Phasing of Assistance:

Projects may generally be supported for a maximum of 5 years. Funds are granted on a 12-month basis. Renewals are subject to the availability of funds. See the following for information on how assistance is awarded/released: Electronic transfer.

Reports:

Annual financial and progress reports must be submitted as required by grant award terms and conditions. Cash reports are not applicable. Progress reports are not applicable. Expenditure reports are not applicable. Performance monitoring is not applicable.

Audits:

In accordance with the provisions of OMB Circular No. A-133 (Revised, June 27, 2003), "Audits of States, Local Governments, and Non-Profit Organizations," nonfederal entities that expend financial assistance of $500,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Nonfederal entities that expend less than $500,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in Circular No. A-133. Audits must be conducted on a continuing basis or at scheduled intervals, usually once a year, but at least once every 2 years.

Records:

Proper records must be maintained as required by the Education Department

General Administrative Regulations (EDGAR) or until all audit questions are resolved.

Account Identification:

91-0301-0-1-506.

Obligations:

(Project Grants) FY 08 $500,000; FY 09 est $500,000; FY 10 est $500,000 Range and Average of Financial Assistance:

To be determined.

PROGRAM ACCOMPLISHMENTS:

Fiscal Year 2008: A wide variety of strategies to develop new and improved methods of training rehabilitation personnel to support the effective delivery of rehabilitation services are being funded. Curriculum development efforts address adaptive technology training, computer-based learning, use of natural supports at the work site, and interdisciplinary instruction for dentistry professionals on rehabilitation and the needs of individuals with disabilities. Fiscal Year 2009: No Current Data Available Fiscal Year 2010: No Current Data Available

REGULATIONS, GUIDELINES, AND LITERATURE:

Regulations can be found in 34 CFR 385 and 387.

Regional or Local Office:

None.

Headquarters Office:

Tom Finch, Department of Educaiton, OSERS Rehabilitation Services
Administration, 400 Maryland Ave., SW,, Washington, District of Columbia
20202 Email: tom.finch@ed.gov Phone: (202) 245-7343.
Website Address:

http://www.ed.gov/offices/OSERS/RSA.
RELATED PROGRAMS:

84.126 Rehabilitation Services_Vocational Rehabilitation Grants to States; 84.129 Rehabilitation Long-Term Training; 84.235 Rehabilitation Services Demonstration and Training Programs; 84.246 Rehabilitation Short-Term Training; 84.264 Rehabilitation Training_Continuing Education; 84.265 Rehabilitation Training_State Vocational Rehabilitation Unit In-Service Training; 84.275 Rehabilitation Training_General Training EXAMPLES OF FUNDED PROJECTS:

Fiscal Year 2008: (1) An innovative model for rehabilitation engineering technology training; (2) a competency-based individualized training project using interactive videodisc technology training; and (3) a computer-based training program for rehabilitation professionals in the areas of head injury rehabilitation and supported employment. Fiscal Year 2009: No Current Data Available Fiscal Year 2010: No Current Data Available CRITERIA FOR SELECTING PROPOSALS:

The relevance of the content of the training to the mission of the public rehabilitation program and priorities for projects are in the application notice. Criteria for evaluating applications are published in program regulations 34 CFR 385 and 387.

84.264 REHABILITATION TRAINING_CONTINUING EDUCATION FEDERAL AGENCY:

Office of Special Education and Rehabilitative Services, Department of Education

AUTHORIZATION:

Rehabilitation Act of 1973, as amended, Executive Order Title III, Section 302. OBJECTIVES:

To support training centers that serve either a Federal region or another geographical area and provide for a broad integrated sequence of training activities that focus on meeting recurrent and common training needs of employed rehabilitation personnel throughout a multi-State geographical area. TYPES OF ASSISTANCE:

PROJECT GRANTS

USES AND USE RESTRICTIONS:

Training grants are limited to support of continuing education programs for personnel such as rehabilitation counselors, administrators, independent living specialists, audiologists, rehabilitation teachers for individuals who are blind, rehabilitation technology specialists who provide vocational, independent living, and client assistance services to individuals with disabilities. Applicant Eligibility:

Institutions of higher education, State vocational rehabilitation agencies (including territories), and other public or nonprofit agencies and organizations. Beneficiary Eligibility:

Individuals employed in positions related to the rehabilitation of individuals with disabilities will benefit.

Credentials/Documentation:

Costs will be determined in accordance with OMB Circular No. A-87 for State and local governments. Costs will be determined in accordance with OMB Circular No. A-21 for educational institutions. OMB Circular No. A-87 applies to this program.

Preapplication Coordination:

Preapplication coordination is required. Environmental impact information is not required for this program. This program is eligible for coverage under E.O. 12372, "Intergovernmental Review of Federal Programs." An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review. Application Procedures:

OMB Circular No. A-102 applies to this program. OMB Circular No. A-110 applies to this program. New applications are made to the Department of Education, Application Control Center, 400 Maryland Avenue, S.W., Washington, DC 20202-4725. Attn: 84.264.

Award Procedure:

New and continuation grants are awarded by the Rehabilitation Services Administration. All new applications are reviewed by a panel of at least three individuals. Each panel will include nonfederal consultants with experience and training in the proposed area of training.

Deadlines:

Contact the headquarters or regional office, as appropriate, for application deadlines.

Range of Approval/Disapproval Time:

From 120 to 160 days.

Appeals:

Not Applicable.

Renewals:

Renewals are available only through the new application process. Projects with an approved multi-year project period may be continued based on the availability of appropriated funds and an annual review of accomplishments to determine satisfactory performance. Formula and Matching Requirements:

This program has no statutory formula.

Matching Requirements: Grantees are required to share in the cost of projects
with the proportion subject to individual negotiation.
This program does not have MOE requirements.
Length and Time Phasing of Assistance:

Projects may be supported for a maximum of 5 years, 12-month budget periods.
Renewals are subject to the availability of funds. See the following for
information on how assistance is awarded/released: Electronic transfer.
Reports:

Annual financial and progress reports must be submitted as required by grant award terms and conditions. Cash reports are not applicable. Progress reports are not applicable. Expenditure reports are not applicable. Performance monitoring is not applicable.

Audits:

In accordance with the provisions of OMB Circular No. A-133 (Revised, June 27, 2003), "Audits of States, Local Governments, and Non-Profit

Organizations," nonfederal entities that expend financial assistance of $500,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Nonfederal entities that expend less than $500,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in Circular No. A-133. Audits must be conducted on a continuing basis or at scheduled intervals, usually once a year, but at least once every 2 years. Institutions of higher education and nonprofit organizations are subject to the audit requirements of OMB Circular No. A-133. Records:

Proper records must be maintained as required by the Education Department General Administrative Regulations (EDGAR) or until all audit questions are resolved.

Account Identification:

91-0301-0-1-506.

Obligations:

(Project Grants) FY 08 $8,090,000; FY 09 est $8,090,000; FY 10 est
$8,090,000

Range and Average of Financial Assistance:
No Data Available.

PROGRAM ACCOMPLISHMENTS:

Fiscal Year 2008: Training by the projects addressed rehabilitation staff training needs in human resource development, independent living rehabilitation, management of rehabilitation facilities, and supported employment. Fiscal Year 2009: No Current Data Available Fiscal Year 2010: No Current Data Available REGULATIONS, GUIDELINES, AND LITERATURE: Regulations can be found in 34 CFR 385 and 389.

Regional or Local Office: None.

Headquarters Office:

Tom Finch, Department of Education, OSERS Rehabilitation Services
Administration, 400 Maryland Ave., SW, Washington, District of Columbia
20202 Email: tom.finch@ed.gov Phone: (202) 245-7343.
Website Address:

http://www.ed.gov/offices/OSERS/RSA.

RELATED PROGRAMS:

84.126 Rehabilitation Services_Vocational Rehabilitation Grants to States; 84.129 Rehabilitation Long-Term Training; 84.160 Training Interpreters for Individuals who are Deaf and Individuals who are Deaf-Blind; 84.235 Rehabilitation Services Demonstration and Training Programs; 84.246 Rehabilitation Short-Term Training; 84.263 Rehabilitation

Training Experimental and Innovative Training; 84.265 Rehabilitation
Training_State Vocational Rehabilitation Unit In-Service Training; 84.275
Rehabilitation Training_General Training

EXAMPLES OF FUNDED PROJECTS:

Fiscal Year 2008: RCEPS provide training for State agency staff and for the staffs of related public and private nonprofit rehabilitation agencies. Fiscal Year 2009: No Current Data Available Fiscal Year 2010: No Current Data Available CRITERIA FOR SELECTING PROPOSALS:

The relevance of the content of the training to the mission of the public rehabilitation program and priorities for projects in the application notice are considered. Criteria for evaluating applications are published in program regulations 34 CFR 385 and 389.

84.265 REHABILITATION TRAINING_STATE VOCATIONAL

REHABILITATION UNIT IN-SERVICE TRAINING

FEDERAL AGENCY:

Office of Special Education and Rehabilitative Services, Department of Education

AUTHORIZATION:

Rehabilitation Act of 1973, as amended, Executive Order Title III, Section 302(g)(3).

OBJECTIVES:

This program is designed to support special projects for training State vocational rehabilitation unit personnel in program areas essential to the effective management of the unit's program of vocational rehabilitation services or in skill areas that enable personnel to improve their abilities to provide vocational rehabilitation services to individuals with disabilities. Projects are designed to: (1) address recruitment and retention of qualified rehabilitation professionals; (2) provide for succession planning; (3) provide for leadership development and capacity building; and (4) provide training on the Rehabilitation Act of 1973, as amended.

TYPES OF ASSISTANCE:

PROJECT GRANTS

USES AND USE RESTRICTIONS:

Training grants may only be made to agencies designated to administer the State vocational rehabilitation program. Fifteen percent of the funds appropriated for the Rehabilitation Services Administration Training program must be allocated for In-Service Training.

Applicant Eligibility:

State vocational rehabilitation agencies, including territories, may apply.
Beneficiary Eligibility:

Individuals employed by designated State rehabilitation agencies will benefit.
Credentials/Documentation:

No Credentials or documentation are required. OMB Circular No. A-87 applies to this program.

Preapplication Coordination:

Preapplication coordination is required. Environmental impact information is not required for this program. This program is eligible for coverage under E.O. 12372, "Intergovernmental Review of Federal Programs." An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review. Application Procedures:

OMB Circular No. A-102 applies to this program. OMB Circular No. A-110 applies to this program. New applications are made to the Department of Education, Application Control center, 400 Maryland Avenue, S.W., Washington, DC 20200-4725. Attn: 84.265.

Award Procedure:

Grants are awarded by the Rehabilitation Services Administration. All new applications are reviewed by a panel of at least three individuals. Each panel will include nonfederal consultants with experience and training in the proposed area of training.

Deadlines:

Contact the headquarters or regional office, as appropriate, for application deadlines.

Range of Approval/Disapproval Time:

From 120 to 160 days.

Appeals:

Not Applicable.

Renewals:

Renewals are available only through the new application process. Projects with an approved multi-year project period may be continued based on the availability of appropriated funds and an annual review of accomplishments to determine satisfactory performance. Formula and Matching Requirements: This program has no statutory formula.

Matching Requirements: Percent: 10.%. Grantees are required to share ten percent of the cost of projects.

MOE requirements are not applicable to this program.

Length and Time Phasing of Assistance:

Projects may generally be supported for a maximum of 5 years, with 12-month budget periods. Renewals are subject to the availability of funds. See the following for information on how assistance is awarded/released: Electronic transfer.

Reports:

Annual financial and progress reports must be submitted as required by grant award terms and conditions. Cash reports are not applicable. Progress reports

are not applicable. Expenditure reports are not applicable. Performance monitoring is not applicable.

Audits:

In accordance with the provisions of OMB Circular No. A-133 (Revised, June 27, 2003), "Audits of States, Local Governments, and Non-Profit Organizations," nonfederal entities that expend financial assistance of $500,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Nonfederal entities that expend less than $500,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in Circular No. A-133. Audits must be conducted on a continuing basis or at scheduled intervals, usually once a year, but at least once every 2 years.

Records:

As required by the Education Department General Administrative Regulations (EDGAR).

Account Identification:

91-0301-0-1-506.

Obligations:

(Project Grants) FY 08 $5,664,900; FY 09 est $5,664,900; FY 10 est
$5,664,900

Range and Average of Financial Assistance:
No Data Available.

PROGRAM ACCOMPLISHMENTS:

Fiscal Year 2008: State vocational rehabilitation agencies employ more than 25,000 individuals. It is estimated that more than 13,000 individuals participated in one or more activities sponsored under the State VR Unit In-Service Training Program in FY 07. Agencies reported that special emphasis was given to training staff on human resource development and on providing rehabilitation services to underserved populations. Fiscal Year 2009: No Current Data Available Fiscal Year 2010: No Current Data Available REGULATIONS, GUIDELINES, AND LITERATURE: Regulations can be found in 34 CFR 385 and 388. Regional or Local Office: None.

Headquarters Office:

Tom Finch, Department of Educaiton, OSERS Rehabilitation Services
Administration, 400 Maryland Ave., SW, Washington, District of Columbia
20202 Email: tom.finch@ed.gov Phone: (202) 245-7343.
Website Address:

http://www.ed.gov/offices/OSERS/RSA.

RELATED PROGRAMS:

84.126 Rehabilitation Services_Vocational Rehabilitation Grants to States; 84.129 Rehabilitation Long-Term Training; 84.160 Training Interpreters for Individuals who are Deaf and Individuals who are Deaf-Blind; 84.235 Rehabilitation Services Demonstration and Training Programs; 84.246 Rehabilitation Short-Term Training; 84.263 Rehabilitation

Training Experimental and Innovative Training; 84.264 Rehabilitation Training Continuing Education; 84.275 Rehabilitation Training_General Training

EXAMPLES OF FUNDED PROJECTS:

Not Applicable.

CRITERIA FOR SELECTING PROPOSALS:

The relevance of the content of the training to the mission of the public rehabilitation program is considered. Priorities for certain projects are stated in the application notice. Criteria for evaluating applications are published in program regulations 34 CFR 385 and 388.

84.268 FEDERAL DIRECT STUDENT LOANS FEDERAL AGENCY:

Office of Student Financial Assistance Programs, Department of Education AUTHORIZATION:

Higher Education Act of 1965, as amended, Title IV, Part D.

OBJECTIVES:

To provide loan capital directly from the Federal government (rather than through private lenders) to vocational, undergraduate, and graduate postsecondary school students and their parents.

TYPES OF ASSISTANCE:

Direct Loans

USES AND USE RESTRICTIONS:

To help defray costs of education at a participating school. Repayment on Federal Stafford loans begins six months after the student ceases to carry at least one-half the normal full-time academic workload. Repayment of principal and interest on PLUS loans generally begins within 60 days of disbursement of the last installment; repayment of a Consolidation loan begins within 60 days after the proceeds of the loan have been used to discharge the liability of the borrower on the loans selected for consolidation. Deferments and forbearance of payment may be granted for certain authorized periods.

Applicant Eligibility:

The applicant must be a U.S. citizen, national, or person in the United States for other than a temporary purpose. A student borrower must be enrolled or accepted for enrollment in a degree or certificate program on at least a half-time basis as an undergraduate, graduate, or professional student at a participating postsecondary school. An otherwise eligible student is eligible for loans during a single twelve-month period in which the student is enrolled in a non-degree/non-certificate course of study that the school has determined is necessary in order for the student to enroll in a program leading to a degree or certificate. Under the Direct PLUS program, parents may borrow for dependent students. Also, graduate and professional students are eligible to borrow PLUS Loans. Direct Unsubsidized and PLUS loans are non-need based programs. In order to receive a Direct Subsidized Loan, all borrowers must undergo a financial need analysis to determine eligibility for Federal interest. A student that is presently enrolled at a participating institution must be maintaining satisfactory academic progress in the course of study that they are pursuing. The borrower may not owe a refund on any Title IV grant or be in default on any Title IV loan received for attendance at any school. The borrower must also file a Statement of Registration compliance (Selective Service). Borrowers that are unable to obtain consolidation loans from lenders under FFEL or who are unable to obtain a consolidation loan with income sensitive repayment terms acceptable to the borrower from a lender, shall be eligible for a Direct Consolidation Loan. Married couples may consolidate eligible loans.

Beneficiary Eligibility:

Vocational, undergraduate, and graduate postsecondary school students and their parents.

Credentials/Documentation:

The borrower will need certification of eligibility from the school and may be required to supply documentation to verify the accuracy of data used in the Direct Subsidized loan need analysis. This program is excluded from coverage under OMB Circular No. A-87.

Preapplication Coordination:

Preapplication coordination is not applicable. Environmental impact information is not required for this program. This program is excluded from coverage under E.O. 12372.

Application Procedures:

This program is excluded from coverage under OMB Circular No. A-102. This program is excluded from coverage under OMB Circular No. A-110. Applications for the Direct Subsidized and Unsubsidized loans are obtained from the school. Direct consolidation loan applications are obtained from the Department of Education. To obtain a Direct Subsidized or Unsubsidized loan, a student shall complete and submit a Free Application for Federal Student Aid (FAFSA). All applications (with the exception of PLUS) for Direct Loans are processed by the Central Processor System (CPS) in the initial step to determine a student's Title IV eligibility. Schools will receive official output from the CPS, and then will be able to assemble a financial aid award package. A school

participating in the Direct Loan program may award Direct Loans as part of the financial aid package. If a Direct Loan is not included in the aid package, a student may contact the school to request loan information. Award Procedure:

Schools participate in the Direct Loan program either by originating loans or by using an alternative originator to originate loans. The school must certify the borrower's eligibility to receive the funds. To obtain a Direct PLUS Loan, the parent completes an application and authorizes a credit check. If the parent does not have an adverse credit history the loan maybe disbursed. Schools may disburse funds by crediting them directly to the student's account at the school, issuing a check or cash, or by initiating an electronic fund transfer. Deadlines:

Contact the headquarters or regional office, as appropriate, for application deadlines.

Range of Approval/Disapproval Time:

Not Applicable. Appeals:

Not Applicable. Renewals:

Not Applicable.

Formula and Matching Requirements:
This program has no statutory formula.
This program has no matching requirements.
This program does not have MOE requirements.
Length and Time Phasing of Assistance:

Applicants may apply for a loan for any year of school. The interest rate on
new Stafford and Unsubsidized Stafford Loans starting July 1, 2006 is fixed at
6.8 percent. The College Cost Reduction and Access Act (CCRAA) of 2007
authorized phased reductions to the interest rates for Subsidized Stafford loans
borrowed by undergraduates with the rate cut in half to 3.4 percent on July 1,
2011. There are four repayment plans that are available for Direct Loan
borrowers: (1) A standard repayment plan with a fixed monthly payment
amount over a period of up to 10 years; (2) an extended repayment plan with a
fixed monthly payment amount paid over a period of 12 to 30 years, depending
on the amount owed; (3) a graduated repayment plan with a monthly payment
that will increase generally every 2 years. The repayment period varies from 12
to 30 years, depending on the amount owed; and (4) except for Direct PLUS
Loan borrowers, an income contingent repayment (ICR) plan with a monthly
payment that is adjusted annually based on the income of the borrower and paid
over a extended period of time not to exceed 25 years. Any unpaid balance
remaining after 25 years in the ICR plan is forgiven by the Secretary of
Education. However, under current IRS rules, the amount written off is
considered taxable income to the borrower in the year it is written off. A
legislative change removing this taxable treatment has been sought. CCRAA
created a new income-based repayment plan for those borrowers meeting a
standard of "partial financial hardship" based on their annual repayment amount
in relation to their adjusted gross income. Generally a borrower would not have
to repay on a monthly basis more than 15 percent of their discretionary income.
Any outstanding balance would be forgiven after 25 years of repayment in the
income-based repayment option. CCRAA also created a new loan forgiveness
program for Direct Loan borrowers who work in public service during a
10-year period while they are repaying their loans. If these borrowers during
repayment have an outstanding loan balance after 10 years of working in public
service, the Federal Government will forgive the remaining balance on behalf
of the borrower. Public service may include a variety of public disciplines such
as education, health, law, military service and public safety. See the following
for information on how assistance is awarded/released: Electronic transfer.
Reports:

The Department will produce a variety of management information system accounting, and financial management reports. Schools must submit all reports required by 34 CFR 685 and 34 CFR 668. Cash reports are not applicable. Progress reports are not applicable. Expenditure reports are not applicable. Performance monitoring is not applicable.

Audits:

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