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Download full textHegji, Alexandra – Congressional Research Service, 2021
The William D. Ford Federal Direct Loan (Direct Loan) program makes several types of federal student loans available to individuals to assist them with financing postsecondary education expenses. It represents the single largest source of federal financial assistance to support students' postsecondary educational pursuits. The U.S. Department of…
Descriptors: Student Loan Programs, Federal Legislation, Federal Aid, Postsecondary Education
Office of Finance and Operations, US Department of Education, 2020
The purpose of the United States Department of Education's (Department) fiscal year (FY) 2020 "Agency Financial Report" (AFR) is to inform Congress, the President, other external stakeholders, and the American people on how the Department used the federal resources entrusted to it to advance the mission of the Department to promote…
Descriptors: Educational Finance, Federal Government, Performance, Strategic Planning
General Accounting Office, Washington, DC. Health, Education, and Human Services Div. – 1998
This report discusses problems reported by lenders participating in the Federal Direct Loan Program (FDLP) and the Federal Family Education Loan Program (FFELP). The study examined the nature and the source of the problems experienced by the lenders, how they affected lenders, and what steps the Department of Education and Electronic Data Systems…
Descriptors: College Students, Error Patterns, Federal Aid, Federal Programs
General Accounting Office, Washington, DC. Health, Education, and Human Services Div. – 1997
This report analyzes repayment patterns for federally supported student financial aid distributed through the William D. Ford Federal Direct Loan Program (FDLP), which includes an income-contingent repayment (ICR) plan that ties borrowers' monthly payments to income, family size, and loan amount. This report analyzes 3 year usage of ICR in…
Descriptors: College Students, Educational Finance, Eligibility, Federal Legislation
Hauptman, Arthur M. – Association of Governing Boards of Universities and Colleges, 1993
In 1992 the Clinton Administration proposed phasing out the federally guaranteed student loan program and replacing it with a direct lending program run entirely by the federal government, claiming that this approach would save taxpayer money and simplify a complex program. Opponents of the Administration plan argued instead for changes in federal…
Descriptors: Access to Education, Educational Finance, Federal Aid, Federal Programs
