Reg Z Private Higher Education Loans

Course List | ABA Member Registration | Non-Member Registration

*Reviewed: Mar. 2012

Reg Z Private Higher Education Loans discusses the amendments to Reg Z that apply to any closed-end, non-home secured loan extended expressly, in whole or in part, to be used for post-secondary educational expenses. It discusses the disclosure requirements for such loans and the applicability of the right to cancel.

Price $75 Nonmembers / $55 Members
ABA Frontline Compliance This course is available to ABA Member banks at no cost under a license agreement. Learn more.
Course Credits AIB: 0, ICB: 0.5 CPB, CLBB, CRCM
Prerequisites Reg Z Overview
Required Software None
Optional Software Adobe Acrobat Reader and RealPlayer

Audience

All branch personnel responsible for taking loan applications or speaking to customers about private higher education loans

Learning Objectives

By the of this course, the students will be able to:

  • Explain what type of loan qualifies to be a private higher education loan under the Reg Z rules
  • Explain what disclosures are required and when they must be provided
  • Understand how the right to cancel applies to these types of loans

*Reviewed to meet current regulations, but no changes were made.


Questions? Please contact training@aba.com for more information.