This report briefly summarizes Alaska's student financial aid programs and the participation levels for 1991-92. After introductory remarks, more detailed sections focus on the following specific programs: (1) the Alaska Student Loan Program; (2) the Alaska Family Education Loan Program; (3) the Alaska Teacher Scholarship Loan Program; (4) the…

This study examined the availability of federally subsidized Stafford student loans for postsecondary education in light of recent legislated changes, specifically the Higher Education Amendments of 1992 and the Student Loan Reform Act of 1993, which authorized the Federal Direct Student Loan Program, brought changes to the Federal Family…

This report discusses recent changes in federal aid to postsecondary students enacted by Congress during 1992-93, focusing on the 1992 Amendments to the Higher Education Act and the 1993 Federal Direct Student Loan (DL) Program. The report reviews recent issues surrounding federal aid to postsecondary students, such as program accountability and…

This study reviews the financial soundness of the Perkins Loan Program, a federal program that provides low-interest loans to financially needy students through postsecondary institutions, and identifies ways to make the Perkins program less financially dependent on additional federal appropriations to cover operating costs and default losses.…

This publication is intended to accompany the official cohort default rate notification letters sent to postsecondary schools each year and to be used by the schools in preparing materials used for appeals. The guide covers the Federal Family Education Loan Program and/or William D. Ford Direct Loan Program cohort rates and does not contain…

These proceedings include five papers presented at a symposium on issues related to the increasing amounts of student borrowing and resulting student debt. Also included is a synopsis of a roundtable discussion addressing core questions framed by the symposium, as well as several public policy options for addressing student loan debt burden. The…

This guide describes Federal student aid programs, how to apply for them, and what these programs entail. Guidelines are provided on the ways to find out about student financial aid that is available and how to choose a school carefully. Additionally examined are student eligibility requirements, financial need rules, dependency status, steps in…

The objectives of student loan programs and the consequences of specific programmatic determinations are considered. In addition to the primary function of providing access to capital markets for the financing of human capital investment, the student loan system in the United States has been utilized as: (1) a mechanism to subsidize schooling…

Four aspects of the Guaranteed Student Loan (GSL) Program are compared with credit policies on other loans made by consumer installment lenders. The four aspects are: (1) the planning, screening, monitoring, collecting, and write-off policies on GSLs versus uninsured loans; (2) the importance of the Student Loan Marketing Association in providing…

Federal student financial aid programs were compared with programs proposed by the Reagan Administration in the Department of Education's fiscal year 1988 budget. Of concern were: total aid received by a student, the portions provided as grants and loans, and the portion of the student's postgraduation income that would be required to repay the…

A comparison was made of the practices of so-called multistate guaranty agencies with those of single state guaranty agencies, both operating under the provisions of the Stafford Student Loan Program (formerly the Guaranteed Student Loan Program). It expands on earlier results and provides data on trends in the growth of guaranteed loans and…

The report presents information collected by the U.S. General Accounting Office on the Supplemental Loans for Students (SLS) program, which provides market rate loans to postsecondary students in addition to, or in lieu of, other financial aid such as Stafford Loans and Pell grants. Some of the data are as follows: over $3.2 billion in SLS loans…

The loan collection efforts of the Department of Education are discussed in hearings held as part of fact finding prior to reauthorization of the Higher Education Act. Attention is directed to the collection record of the Department, the rationale for shifting collections from federal to private collectors, and the reasons why two of the remaining…

An analysis of the U.S. Department of Education's (ED) default reduction plan under the Stafford Student Loan Program (formerly called the Guaranteed Student Loan program) is presented that concentrates on the new regulations and their implications for schools, students, and program administrators. The default plan's success largely depends upon…

Hearings were conducted to discuss legislation aimed at reducing student loan defaults in the federal Guaranteed Student Loan program. The Student Default Initiative Act of 1988 is designed to address the growing cost of student loan defaults and the increasing imbalance between grant and loan assistance. It develops a procedure to get the…