Comment on FR Doc # 2026-06890
The National Association of Student Financial Aid AdministratorsSupportAdvocacy
Summary: The National Association of Student Financial Aid Administrators (NASFAA) supports the Department of Education's proposal to revise Master Promissory Notes (MPNs) to implement the One Big Beautiful Bill Act. However, they request specific modifications, including removing a program quality disclaimer, clarifying interest capitalization rules for IBR plan borrowers, and adding explicit warnings regarding the consequences of new PLUS loans on existing repayment plans and PSLF eligibility.
Please find comments from the National Association of Student Financial Aid Administrators attached.