Tag: Financial Aid

Third-Party Servicers – New Guidance from the Department of Education

Greg Ferenbach and Matt Johnson

The Department of Education (ED) issued a Dear Colleague Letter (DCL) on January 9th providing guidance on which entities should be classified as third-party servicers for purposes of the Title IV rules.

Department of Education Seeks Comments on New Data Collection and Validation for Reporting Use of “Third-Party Servicers”

Greg Ferenbach and Matt Johnson

The Department of Education (ED) announced on December 8, 2014 that it is seeking comments on new data collection and validation procedures for reporting the use of “third-party servicers.”