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Reg Z Private Higher Education Loans

Course Description:
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.

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

Course Credits: AIB: 0, ICB: 0, CPB: TBD...

Prerequisites: Reg Z Overview

Required Software: None

Optional Software: Adobe Acrobat Reader and RealPlayer

Cost: Members $55   •   NonMembers $75


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PBA Contact: Jackie Catalano • (717) 255-6939 • jCatalano@paBanker.com