VOLUNTARY FLEXIBLE AGREEMENT BETWEEN THE UNITED STATES DEPARTMENT OF EDUCATION AND GREAT LAKES HIGHER EDUCATION GUARANTY CORPORATION This Voluntary Flexible Agreement (VFA) is between the United States Department of Education ...
Filetype PDF | Posted on 10 Feb 2023 | 2 years ago
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...Voluntary flexible agreement between the united states department of education and great lakes higher guaranty corporation this vfa is effective as october whereas a agency participating in federal family loan ffel program administered regulated by under title iv part b act amended hea u s c et seq are currently parties to certain agreements governing participation including for reinsurance loans pursuant dated may existing which wish amend whole or required implement have agreed utilize authority provided expand default aversion pilot fee service based structure an alternative financing model utilized willing their prior achieve benefits borrowers schools lenders government that expected from providing additional incentives improved delinquency activity on experience during fiscal years has provide waivers statutory regulatory requirements authorized make payments enhanced expanded activities consistent with performance established accordance d payment matrix hereinafter will standard...