Federal Relations

# Student Aid

August 13, 2018

March 21, 2018

## Text of FY2018 Omnibus Released

The House Appropriations Committee has released text of the fiscal year 2018 omnibus spending bill. The House could vote as early as Thursday on the package. The House Rules Committee is expected to meet Wednesday night to report the bill to the floor for debate and a vote. The House typically observes a three-day rule before considering any…

January 19, 2018

## Shut Down Likely

At midnight tonight, the Continuing Resolution passed in December 2017 will expire. Presently, it does not look like Congress will be able to agree on a short or long term funding solution, and a shutdown is highly likely. Agencies are circulating memos advising staff how to proceed in the high likelihood there is a shutdown…

December 13, 2017

## House Committee Clears HEA Reauthorization Bill

In a marathon markup session that lasted well into the evening, the House Education and the Workforce Committee cleared yesterday the PROSPER Act (H.R. 4508), its version of the bill to reauthorize the Higher Education Act (HEA), by a vote 23 to 17.  A copy of the bill is available here. During the session, approximately 60…

May 25, 2017

## ED’s COO of Finanical Aid Quits

Tuesday night, James Runcie, chief operating officer of the Office of Federal Student Aid, quit \over what he said were simmering management problems at the agency that culminated in a dispute with DeVos over her insistence that he testify Wednesday before a congressional oversight panel. Politico has the story.

May 10, 2017

## Student Loan Rates to Increase

The cost of borrowing money from the federal government to pay for college will increase in the coming academic year. The interest rates on new federal student loans are set to jump by more than two-thirds of a percentage point following the U.S. Treasury Department’s sale today of 10-year notes, which is the government security…

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