Offshore schools may lose federal loans

[swimguy23]

Originally Posted by medstudent101

the financial aid situation will be anounced at the next major swim competition

yes, i was also a diver so i was thinking about entering the platform competition again and yelling the news as i do a reverse 2 1/2 somersault with a 1 and 1/2 twist......

[RUJC05]

this is what I found from ed.gov under additional requirements for foreign medical school. So the grandfather clause is still needed to get an exemption from this regulation.

Have a student body where at least 60% of full-time regular students and at least 60% of the school's most recent graduating class did not meet the U.S. citizenship requirements for FFEL program eligibility

[options]

Originally Posted by romdoc

Can someone tell me how this is going to affect SGU?

If the bill goes through without the grandfather clause, SGU, ROSS, AUC will no longer be able to recieve Title IV funds..

SGU hasn't informed its students of this situation?

[swimguy23]

Originally Posted by romdoc

Can someone tell me how this is going to affect SGU?

the same way it will affect AUC and Ross

[RUJC05]

here is another post from ed.gov under additional requirement for foreign medical school.

A medical school can still be eligible and exempt from meeting all of the 60% requirements as well as the annual reporting requirements if it has a clinical training program that was approved by a State as of January 1, 1992, and remains approved by that State.

[swimguy23]

Originally Posted by RUJC05

here is another post from ed.gov under additional requirement for foreign medical school.

A medical school can still be eligible and exempt from meeting all of the 60% requirements as well as the annual reporting requirements if it has a clinical training program that was approved by a State as of January 1, 1992, and remains approved by that State.

these are the "grandfather clause" that the senate has voted to remove. To be honest it doesnt matter what it says right now, it matters what they vote on. Anything held in that law whatsoever can be changed as they see fit and voted on. Don't look for loopholes, be proactive and encourage them to upheld teh HEA as it stands

[RUJC05]

This is why the grandfather clause is important. I got the link for you guys. Read for yourself. Trust me, you need the grandfather clause.

* Be approved by an accrediting body that is legally authorized to evaluate the quality of medical school educational programs and facilities in that country and whose standards of accreditation have been determined comparable to U.S. standards by the National Committee on Foreign Medical Education and Accreditation
* Have a student body where at least 60% of full-time regular students and at least 60% of the school's most recent graduating class did not meet the U.S. citizenship requirements for FFEL program eligibility
* For schools outside of Canada, have a student body where at least 60% of the school's graduates who took any step of the examinations administered by the Education Commission of Foreign Medical Graduates in the previous year passed the exam. For this purpose, the school must include as graduates each person who graduated during the three years preceding the year for which the calculation is performed.

http://www.ed.gov/offices/OSFAP/fsac...2/2_2_006.html

Foreign graduate medical schools are required to provide ED with the requested documentation annually to remain eligible.

A medical school can still be eligible and exempt from meeting all of the 60% requirements as well as the annual reporting requirements if it has a clinical training program that was approved by a State as of January 1, 1992, and remains approved by that State.

http://www.ed.gov/offices/OSFAP/fsac...2/2_2_008.html

[swimguy23]

Originally Posted by options

If the bill goes through without the grandfather clause, SGU, ROSS, AUC will no longer be able to recieve Title IV funds..

SGU hasn't informed its students of this situation?

at the hospital im at Ross and SGU have not been informed as of today.....for some strange reason i have become the person everyone is coming and asking.....i'm going to get scared if some of them start referring to me as swimguy

[Cardinal]

Correct, at this point loop holes will only create more problems in the long run and we should all take an active role in see that current legislation proposed is amended to include the grandfather clause. Good luck everyone

Originally Posted by swimguy23

these are the "grandfather clause" that the senate has voted to remove. To be honest it doesnt matter what it says right now, it matters what they vote on. Anything held in that law whatsoever can be changed as they see fit and voted on. Don't look for loopholes, be proactive and encourage them to upheld teh HEA as it stands

[Cardinal]

Originally Posted by swimguy23

at the hospital im at Ross and SGU have not been informed as of today.....for some strange reason i have become the person everyone is coming and asking.....i'm going to get scared if some of them start referring to me as swimguy

Good way to start a solid political career