[Federal Register: March 20, 1997 (Volume 62, Number 54)]
[Proposed Rules]               
[Page 13519-13520]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[[Page 13519]]


Part IX

Department of Education

34 CFR Part 668

Student Assistance General Provisions, Comment Period Extension; 
Proposed Rule

[[Page 13520]]


34 CFR Part 668

Student Assistance General Provisions

AGENCY: Department of Education.

ACTION: Proposed rule; extension of comment period.


SUMMARY: On September 20, 1996, the Department of Education published 
in the Federal Register a notice of proposed rulemaking (NPRM) for the 
Student Assistance General Provisions (34 CFR Part 668) addressing 
standards of financial responsibility (60 FR 49552-49574). The proposed 
standards would apply to all institutions that participate in a program 
authorized by title IV of the Higher Education Act of 1965, as amended 
(title IV, HEA programs).
    On December 18, 1996, the Secretary published a notice in the 
Federal Register (61 FR 66854) reopening the comment period on 
particular parts of the September 20, 1996 NPRM until February 18, 
1997. On February 18, 1997, the Secretary extended the reopened comment 
period until March 24 to allow commenters to examine and comment upon 
new information that would be made available through meetings and other 
avenues (62 FR 7334).
    The Secretary is extending the comment period for an additional 21 
days. The Secretary is doing so to allow the higher education community 
to comment on additional information regarding the proposed ratio 
methodology, and to suggest possible revisions to that methodology.

DATES: Comments must be received on or before April 14, 1997.

ADDRESSES: All comments concerning this notice or the notice of 
proposed rulemaking should be addressed to Mr. David Lorenzo, U.S. 
Department of Education, P.O. Box 23272, Washington, D.C. 20026, or to 
the following internet address: fin--resp@ed.gov

FOR FURTHER INFORMATION CONTACT: Mr. David Lorenzo or Mr. John Kolotos, 
U.S. Department of Education, 600 Independence Avenue, S.W., Room 3045, 
ROB-3, Washington, D.C. 20202, telephone (202) 708-8242. Individuals 
who use a telecommunications device for the deaf (TDD) may call the 
Federal Information Relay Service (FIRS) at 1-800-877-8339 between 8 
a.m. and 8 p.m., Eastern standard time, Monday through Friday.
    The additional information referenced above may be obtained from 
the financial responsibility section of the Department's web site at 
the following URL address: (http://www.ed.gov/offices/OPE/PPI).

    Dated: March 17, 1997.
David A. Longanecker,
Assistant Secretary for Postsecondary Education.
[FR Doc. 97-7090 Filed 3-19-97; 8:45 am]