Loan Program Policy and Procedure

LOSFA alerts schools, lenders and servicers about its loan program policy updates by releasing Loan Program Memoranda (LPMs) and Loan Program Bulletins (LPBs).

The LPMs provide update information to the Common Manual.

LPBs give update information on issues that do not require Common Manual revision, such as school and lender eligibility, quarterly special allowance rates, disaster area declarations, and other matters.

Loan Program Memoranda (LPM)  and Loan Program Bulletins (LPB) Indexes
Index of Updates occurring since the July, 2012 revision of the Common Manual




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