Financial Aid Laws and Regulations

The single holder rule was repealed as part of Public Law 109-234, the Emergency Supplemental Appropriations Act for Defense, the Global War on Terror, and Hurricane Recovery, 2006. The repeal is effective June 15, 2006. All borrowers may now consolidate their loans with any lender. Previously, borrowers who had all their loans with a single lender were required to consolidate their loans with that lender. This increases competition for student loans, and may lead to improved benefits and lower costs for borrowers.
Scholarship Search

The largest, most accurate, and most frequently updated scholarship database. Create a personal profile today and receive a list of scholarships matching your skills and interests.

Start Your Scholarship Search Today!

Related Tools & Calculators
EFC Worksheets
Download the EFC Worksheets that appear in Chapter 3 of FastWeb's College Gold.
Tax Benefits and Regulations
A description of tax benefits you'll receive when you pay for college, as well as eligibility requirements. This page expands on information found in Chapter 15 of FastWeb's College Gold.
State Residency Requirements
The 50 states provide different types of programs and have different eligibility requirements for residency.
Dept of Education Downloads
The U.S. Department of Education keeps a database of low-income school districts that qualify for the loan forgiveness programs.

© 2024 FastWeb, LLC. All Rights Reserved