July 25, 2008
Department of Education Posts Revised Master Agreements for Loan Purchase Programs
The Department of Education has posted the revised Master Participation and Master Loan Sale Agreements. According to the Department, "Many of the revisions made to the agreements are either corrections of typographical errors or corrections of incorrect references within the documents. Other revisions, while more substantive, do not significantly impact the basic structure and requirements of the Loan Purchase Programs."
The documents are part of the final terms and conditions regarding implementation of the Loan Purchase and Participation Interest Programs under the provisions of the Ensuring Continued Access to Student Loans Act (ECASLA) of 2008.
Department of Education Posts Revised Master Agreements for Loan Purchase Programs
The Department of Education has posted the revised Master Participation and Master Loan Sale Agreements. According to the Department, "Many of the revisions made to the agreements are either corrections of typographical errors or corrections of incorrect references within the documents. Other revisions, while more substantive, do not significantly impact the basic structure and requirements of the Loan Purchase Programs."
The documents are part of the final terms and conditions regarding implementation of the Loan Purchase and Participation Interest Programs under the provisions of the Ensuring Continued Access to Student Loans Act (ECASLA) of 2008.
