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1996 Regulations

Title & Description	NPRM	Industry Comments	Final Rule	Side -by- side
Campus Based Eliminates duplicate provisions for campus-based programs. [34 CFR Part 668]	Download Publish Date: 09/19/1996		Download Publish Date: 11/27/1996	Download Publish Date: 12/01/1995
Cash Management Implements Department of Education (Department) initiatives to reduce burden and improve program accountability. Clarifies and consolidates current policies and requirements, improves the delivery of title IV funds to students and institutions, and further protects students and the Federal fiscal interest. [34 CFR Parts 668, 674, 675, 676, 682, 685, and 690]	Download Publish Date: 09/23/1996		Download Publish Date: 11/29/1996	Download Publish Date: 11/29/1996
Due Diligence Implements changes to the due diligence requirements for lenders and guarantors participating in the FFEL program. [34 CFR 682]	Download Publish Date: 09/06/1996	Download Publish Date: 09/06/1996	Download Publish Date: 11/27/1996	Download Publish Date: 11/27/1996
Financial Standards Revises requirements for compliance audits and audited financial statements, the two-year performance exemption to the refund reserve requirement, and adds financial responsibility standards for foreign schools. [34 CFR Parts 600 and 668]	Download Publish Date: 09/20/1996 Download Reopening of Comment Period: 12/18/1996		Download Publish Date: 11/29/1996	Download Publish Date: 11/29/1996
Guaranty Agency Reserves Defines role of guarantor as a trustee or fiduciary, restricts the use of reserve funds, defines conflict of interest. [34 CFR Part 682]	Download Publish Date: 09/19/1996	Download Publish Date: 09/19/1996	Download Publish Date: 11/27/1996	Download Publish Date: 11/27/1996
HHS Poverty Guidelines Annual Update of the HHS Poverty Guidelines			Download Publish Date 03/04/1996
Record Retention Reduces record retention requirements from 5 years to 3 years. [34 CFR Parts 668, et al]	Download Publish Date: 09/13/1996		Download Publish Date: 11/27/1996

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