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When and how does the Federal Government determine the time frame to update and/or change regulations?

Some regulations require renewal/reauthorization after a designated period of time for which they are approved. There are often clarifications provided using "Dear Colleague" letters and new requirements are typically aligned with financial aid years based on a July-June calendar. Having said that, there are many variables to consider and maintaining compliance is a continual effort to ensure modifications, new regulations, an other updates are effectively implementd.

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