This document includes the "FY 2023 Annual Performance Report" (APR) and "FY 2025 Annual Performance Plan" (APP). The APR provides narrative and data on the Department of Education's (Department's) progress toward the strategic goals and objectives outlined in its "Fiscal Years [FYs] 2022-2026 Strategic Plan"…

American Association of State Colleges and Universities' (AASCU's) public policy agenda, rooted in an uncompromising commitment to opportunity for the nation's students, is expressed through the following core principles: (1) Higher education is a common good that provides significant benefits to individuals and society as a whole; (2) America's…

The problem of loan payment delinquency in the Health Professions and Nursing Student Loan Programs was reviewed. Problems that schools have had in billing and collecting outstanding loans and the lack of effective program monitoring by the Department of Health and Human Services (DHHS) were assessed, along with the DHHS' efforts to correct the…

The first full year of the Indian Financing Act of 1974 was fiscal 1976, after which $91 million had been appropriated for the Revolving Loan Fund, the Loan Guaranty and Insurance Fund, and the Indian Business Development Grant Program. The Revolving Loan Fund, consolidated from 4 previous funds, was underutilized. Only $13.3 million was loaned to…

The Indian Financing Act of 1974 was vital legislation to Indians, previously prevented from obtaining credit from non-Indian lenders who customarily categorized Indians as poor credit risks or set interest rates prohibitively high. Problems in preparation of the administrative regulations delayed initial implementation of the Act until December…