34 CFR 668.217 - Default prevention plans.

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There are 2 Updates appearing in the Federal Register for 34 CFR 668. View below or at eCFR (GPOAccess)
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§ 668.217 Default prevention plans.
(a) First year.
(1) If your cohort default rate is equal to or greater than 30 percent you must establish a default prevention task force that prepares a plan to—
(i) Identify the factors causing your cohort default rate to exceed the threshold;
(ii) Establish measurable objectives and the steps you will take to improve your cohort default rate;
(iii) Specify the actions you will take to improve student loan repayment, including counseling students on repayment options; and
(iv) Submit your default prevention plan to us.
(2) We will review your default prevention plan and offer technical assistance intended to improve student loan repayment.
(b) Second year.
(1) If your cohort default rate is equal to or greater than 30 percent for two consecutive fiscal years, you must revise your default prevention plan and submit it to us for review.
(2) We may require you to revise your default prevention plan or specify actions you need to take to improve student loan repayment.
(Authority:20 U.S.C. 1082, 1085, 1094, 1099c)

Title 34 published on 2014-07-01

The following are only the Rules published in the Federal Register after the published date of Title 34.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2014-10-31; vol. 79 # 211 - Friday, October 31, 2014
    1. 79 FR 64890 - Program Integrity: Gainful Employment
      GPO FDSys XML | Text
      DEPARTMENT OF EDUCATION, Office of Postsecondary Education
      Final regulations.
      These regulations are effective July 1, 2015.
      34 CFR Parts 600 and 668

Title 34 published on 2014-07-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 34 CFR 668 after this date.

  • 2014-10-31; vol. 79 # 211 - Friday, October 31, 2014
    1. 79 FR 64890 - Program Integrity: Gainful Employment
      GPO FDSys XML | Text
      DEPARTMENT OF EDUCATION, Office of Postsecondary Education
      Final regulations.
      These regulations are effective July 1, 2015.
      34 CFR Parts 600 and 668