|
|
|
Updated: 4:14 PM Apr 6, 2007
Suspended UT Official Asked To Resign From Federal Committee
A UT official who was suspended while the university investigates allegations of impropriety was asked to resign from a federal student financial assistance committee Friday.
Posted: 4:25 PM Apr 6, 2007 |
|
(April 6, 2007)--Education Secretary Margaret Spellings has asked for the resignation of Lawrence Burt from the department's Advisory Committee on Student Financial Assistance.
Burt is associate vice president and director of student financial aid at the University of Texas at Austin.
He's under investigation by the UT system regarding allegations of impropriety.
UT put Burt, who has denied wrongdoing, on paid leave Thursday.
Federal records showed Burt also owned 1,500 shares in Education Lending Group, the former parent company of Student Loan Xpress.
Meanwhile a US Department of Education official who owned $100,000 worth of stock in Education Lending Group while overseeing lenders is also now on leave.
Matteo Fontana oversaw lenders and guarantee agencies in the Federal Family Education Loan Program.
Fontana was put on leave one day after his ownership of stock in disclosed.
The case has been referred to the inspector general.
More Local And State News >>More National News >>More Business News >>Sports >> Weather >>
 |
Double
Dollar Deals Half Price Deals at Central Texas restaurants and businesses. A new deal every Thursday at 7:00am. |
 |
Boss
of the Month Who is Central Texas’ best boss? Nominate your supervisor for Boss of the Month! |
 |
Golden
Apple Your chance to nominate an outstanding teacher. Find out how they are making a difference in classrooms. |
 |
Emily Wants to Know Emily Matthews' inquisitive look at life in Central Texas. |
 |
Army Way Learn all about the symbols, traditions, and customs of the US Army. |
FSR/Call Center - Genco Federal Credit Union is currently seeking a full time Financial Service Representative for their call center. We offer great benefits and a friendly work environment. If you enjoy working with customers and possess a strong work ethic, we're looking for you!
Also, take a look at the most recent jobs posted to Job Board TV at KWTX.com: View More Jobs.
