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Download full textProject on Student Debt, 2021
U.S. citizens or permanent residents, enrolled at least half time in a qualified program at a participating school, not in default on a prior federal student loan, and not previously convicted of a drug offense while receiving federal financial aid are eligible to apply for a student loan. This chart summarizes the interest rates, loan limits, and…
Descriptors: Student Financial Aid, Federal Aid, Paying for College, Loan Repayment
Project on Student Debt, 2020
U.S. citizens or permanent residents, enrolled at least half time in a qualified program at a participating school, not in default on a prior federal student loan, and not previously convicted of a drug offense while receiving federal financial aid are eligible to apply for a student loan. This chart summarizes the interest rates, loan limits, and…
Descriptors: Student Financial Aid, Loan Default, Eligibility, Federal Aid
Hegji, 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
Smole, David P. – Congressional Research Service, 2015
The William D. Ford Federal Direct Loan (DL) program, authorized under Title IV, Part D of the Higher Education Act of 1965 (HEA), as amended, is the primary federal student loan program administered by the U.S. Department of Education (ED). The program makes available loans to undergraduate and graduate students and the parents of dependent…
Descriptors: Federal Programs, Student Loan Programs, Federal Aid, Educational Legislation
Institute for College Access & Success, 2014
Some for-profit college industry lobbyists blame students for the high debt and default levels at their schools, claiming that their students borrow more than they need in federal loans. However, there is no evidence to support this claim, and giving colleges greater authority to reduce aid eligibility will make it harder for students to pay for…
Descriptors: Student Financial Aid, Paying for College, Debt (Financial), Federal Aid
Love, Ivy; Campbell, Colleen – Association of Community College Trustees, 2017
A quality education is the primary instrument of social and economic mobility in the United States. As open-access institutions, community colleges are the gateway to postsecondary education for millions of Americans. Many of these students would be unable to afford college without federal resources, such as student financial aid and tax credits.…
Descriptors: Student Financial Aid, Two Year College Students, Community Colleges, Student Needs
