Direct Loan Transition

The Health Care and Education Reconciliation Act of 2010 (Public Law 111-152) amended the Higher Education Act (HEA) and brought about changes to the federal student aid programs. A number of provisions impact the Federal Family Education Loan Program (FFELP), specifically terminating the authority to make or insure new loans after June 30, 2010. Another provision provides temporary authority for Direct Loan consolidations for certain borrowers.

The resources on this page are provided to assist FFELP participants in understanding and implementing the transition to Direct Loan originations, as well as explain the parameters of the temporary Direct Loan consolidation authority.

Dear Colleague Letter GEN-10-10 (06/16/2010)
This letter provides schools and lenders with important information as we approach the June 30, 2010 deadline for making FFEL Program loans. It provides responses to questions we have received on the application of the June 30 deadline in various disbursement situations.

Direct Loan Transition School Q&A (Series 2)
Responses from the Department of Education to issues related to reallocations, reinstatements and rescheduled disbursements. Updated: 05/10/2010

Direct Loan Transition School Q&A
Responses from document above comined with the Direct Loan Transition School Q&A originally issued 04/08/2010. 
Updated: 05/10/2010

Side-By-Side of PL 111-152 (HCERA) 
Prepared by the NCHELP Regulations Committee.  Updated: 08/02/2010

Industry Reported Processing Cutoff Dates  (Updated: 05/20/2010)