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Capital Update

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Capital Update tracks the movement of legislation, the introduction of notable bills, and routine regulatory announcements.

Legislative Action

Elementary and Secondary Education
S 1513, HR 6

The Senate Subcommittee on Education, Arts, and Humanities last week held its final hearing on reauthorization of the Elementary and Secondary Education Act. The Senate Committee on Indian Affairs last week held a hearing on Indian programs in the legislation.

The Education Department

Student Aid
Final and Interim Final Rules

The Education Department published in the April 29 Federal Register final regulations for the Federal Family Education Loan Program, concerning such issues as loan discharges for students whose school is closed or falsely certifies borrower eligibility, wage garnishment of defaulters, and notification of changes in loan servicers. In two separate notices the same day, the department published final regulations on institutional eligibility for federal student-aid programs and interim final regulations spelling out such things as definition of academic years, application procedures, and the evaluation of an institution's financial responsibility. Comments on the interim rules are due June 20.

Campus Crime and Safety
Final Rules

The Education Department published in the April 29 Federal Register final regulations implementing laws on campus-crime and -safety. The regulations, which are to take effect on July 1, require colleges and universities that are participating in the federal financial-aid programs to establish policies aimed at preventing sexual assault. The rules also require institutions to disclose statistics on campus crime.

Grant Availability

The Education Department published in the May 3 Federal Register a list of application notices for fiscal 1994 grant programs for which notices had not yet been published. The comprehensive notice includes estimated application deadlines.

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