The Common Manual Governing Board, of which the New York State Higher Education Services Corporation (HESC) is one of 36 participants, has recently approved several policies in batch #145 to modify the Common Manual. The electronic Common Manual is linked through the HESC’s Web site and has been updated to include these changes. Please pay particular attention to the effective date of each policy change.

The following table includes batch #145 including a listing of the revised policies for your information. Click on "Learn More" to view the approved policies.

HESC has no specific comments or operational effects related to these policies.

Direct questions regarding this bulletin to the Office of Counsel & Regulatory Compliance at 1-518-473-3986; toll free at 1-866-431-HESC (1-866-431-4372) press 6; or via email at askpolicy@hesc.org

Policy Changes Batch 145 – Approved December 20, 2007
  • Lender Fee
  • Consolidation Loan Verification Certificates
  • Student Eligibility Requirements
  • Additional Unsubsidized Stafford Eligibility for a Dependent Student
  • Disclosure Requirements
  • Overawards
  • Excess Interest Rebates