Skip to content
Watch Illinois IDFPR IL Aug 29, 2026

Illinois IDFPR Proposed Rule on Student Loan Servicing

A proposed rulemaking for 38 Ill. Adm.

A proposed rulemaking for 38 Ill. Adm. Code 1010 concerning Student Loan Servicing Rights was filed on August 21, 2026.

What changed

This proposal looks to refine the oversight of student loan servicers.

Compliance perspective

Stakeholders need to review these proposals for potential impacts on their operations.

Need help keeping up with these changes?

Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.

Keep reading

More regulatory updates

Other recent rule changes our team is tracking.

  • Action Montana DFI MT Aug 31, 2026

    Montana DFI License Denial for Sonia Lozano

    On August 26, 2026, the Montana DFI issued a License Denial to Sonia Lozano for a mortgage loan originator.

  • Action Kentucky DFI KY Aug 31, 2026

    Kentucky DFI Agreed Order against QC Financial Services

    On August 24, 2026, Kentucky DFI imposed a $3,000 civil penalty against QC Financial Services for exceeding transaction limits.

  • Watch Illinois IDFPR IL Aug 31, 2026

    Illinois IDFPR Proposed Rule on Student Loan Servicing

    IDFPR issued a first notice for the Student Loan Servicing Rights Act on August 21, 2026, beginning the rulemaking process.