Education Dept. Praises Financial Aid Officers for Loan Switchover

April 7, 2011

The U.S. Education Department on Wednesday praised college financial aid officers (in a letter to their bosses, college and university presidents) for the relative ease with which their institutions handled what could have been a disruptive switch last year in how federal student loan funds are disbursed. "Your financial aid officers were able to quickly adapt and continued to seamlessly and effectively administer the financial aid programs on your respective campuses," William J. Taggart, chief operating officer of the Federal Student Aid office, wrote. "Their dedication and professionalism throughout this period is commendable." He closed by urging the presidents to "provide your financial aid offices with the necessary support" to enable them to continue to do their jobs effectively.

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