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    LATEST NEWS:    President Bush signed into law the Ensuring Continued Access to Student Loans Act of 2008 (H.R. 5715) - Read more (PDF).     LATEST NEWS:    SLATE was signed into law on November 28, 2007. Preliminary Draft Regulations go into effect on July 17, 2008.
Financial Aid Resources
brought to you by Academic Finance Corporation		 New York Schools - Click Here

We have all been challenged by our current industry’s climate. Academic Finance Corporation (AFC) recognizes the impact of these recent events at your individual institutions and our professional associations. We want to help by providing you links to useful tools.

As part of our ongoing commitment to the Financial Aid Community, AFC is pleased to provide you with this list of resources. The links below provide a variety of information regarding the changing climate of our industry.
In the News - Financial Aid
• NASFAA
NASFAA's website - the best source for financial aid news!
  • NASFAA Highlights
    • Side by Side Comparison of Congressional Bills to Prevent Disruptions in Federal Student Loans (PDF)
    • Text of Ensuring Continued Access to Student Loans Act (H.R.5715) (PDF)
    • Text of Strengthening Student Aid for All Act (S.2815) (PDF)
    • Summary of the College Cost Reduction and Access Act (H.R.2669)
    • Text of the College Cost Reduction and Access Act (H.R.2669) (PDF)
    • Time to Rethink CCRAA Subsidy Cuts?
    • Annual Loan Limits (PDF)
    • Requesting Lender Information: What you need to know about RFIs
• The Student Loan Sunshine Act Principles (PDF)
• Bipartisan Sunshine ACT - Final (PDF)
A proposed House of Representatives bill to establish requirements for lenders and institutions of higher education in order to protect students and other borrowers receiving educational loans.
• Understanding Student Loan Discounts, by Mark Kantrowitz, Finaid.org
This information helps student aid administrators and borrowers to understand the actual value of various types of benefits offered on Stafford and other student loans.
• AFC Code of Ethics (PDF)
The code of conduct and business principles followed by AFC staff
• Lender Layoffs and Loan Program Suspensions
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