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(ANN-10-31) (ANN-10-31) Subject: Live Internet Webinar - Private Education Loan Disclosure Requirements

Publication Date: August 10, 2010

DCL ID: ANN-10-31

Subject: Live Internet Webinar - Private Education Loan Disclosure Requirements

Summary: This letter announces Federal Student Aid's instructor-led, online training session on changes to the private education loan disclosure requirements.

Dear Colleague:

We are pleased to announce instructor-led, online training that will provide information about changes to the private education loan disclosure requirements. The Higher Education Opportunity Act (HEOA), Public Law 110-315, amended both the Truth in Lending Act (TILA) and the Higher Education Act of 1965, as amended (the HEA) to establish private education loan disclosures and to prohibit certain education lending practices. The Final Rule was published in the Federal Register on August 14, 2009, with compliance required beginning February 14, 2010. This training is intended for financial aid office personnel interested in implementation of the these changes and who want to ensure they are in compliance with the requirements.

Federal Student Aid staff will present this information in a 90-minute session offered on Tuesday, August 24, 2010 at 11:00 A.M. (ET) and again on Thursday, August 26, 2010 at 2:00 P.M. (ET).

Note: There may be a difference between a trainee’s local time and Eastern Time. To determine local time and its Eastern Time zone equivalent, click on this link:

http://www.time.gov/

Advance registration is required for this training and will be available on a first-come, first-served basis. To register for the webinar, click on this link:

http://www.fsaregistration.ed.gov/profile/web/index.cfm?PKwebID=0x11211377b&varPage=hotel

Once registered, we will send an e-mail confirmation to the trainee. The trainee should retain this confirmation, as it contains important information, including linking and log in information for the Web site, system test links, and cancellation information. If unable to attend, we request that the trainee cancel his or her registration so that individuals who wish to attend may do so.

PowerPoint slides will be available for each trainee to download after he or she signs in to the webinar. During the webinar, trainees will be able to ask questions electronically using their computers.

We look forward to your participation in this instructor-led, online training opportunity. If you have questions about this training opportunity, please contact Marianna Deeken at marianna.deeken@ed.gov.

Sincerely,

Jana Hernandes
Service Director, Operations
Federal Student Aid