The Department of Education will end four experimental initiatives launched under the Obama administration granting participating institutions a waiver from certain statutes concerning federal student aid. Those initiatives, known as experimental sites, included a program popular with colleges allowing them to limit the unsubsidized loans a student could take out.
The colleges were informed of the news by Jeff Baker, policy liaison and implementation director at the Office of Federal Student Aid, in a letter to participating institutions. Baker said the department made the decision to conclude the experiments at the end of the 2016-17 award year, or June 30, because analysis of data collected from those institutions had not provided sufficient information to support continuation.
Read more at Inside Higher Ed: https://www.insidehighered.com/quicktakes/2017/04/03/4-student-aid-experiments-will-end
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