The Office of Inspector General (OIG) has undertaken a number of initiatives for the 6-month period ending September 30, 1996, to help Education Department managers identify and address issues whose successful resolution is critical to the department's fiscal and management integrity. This semiannual report highlights those activities, which are…

This report presents findings and recommendations resulting from a study on the costs and benefits of a Department of Education policy of encouraging lenders of student loans to grant forbearances to borrowers who experience temporary financial hardship but do not satisfy the specific conditions required for government-prescribed deferments. The…

This directory contains a list of public and nonprofit private elementary and secondary schools designated as having a high concentration of students from low-income families. Full-time teachers at these schools may have a portion of their student loans canceled under the Federal Perkins Loan Program and the National Direct Student Loan Program.…

This report examines the Perkins Student Loan Program, and in particular, the weaknesses in the Department of Education's policies, procedures, and practices for recovering Perkins loan fund assets from schools that go out of business. The report reveals that when schools in the Perkins Student Loan Program close, the Department of Education…

The report describes the Kansas State University Community Service Program, which reduces student indebtedness in return for involvement in community service activities. The program is administered and coordinated by students and has four major components: (1) Community Service Teams--interdisciplinary teams of four to five students who live and…

An agenda for research on financial issues in graduate education is proposed for the National Commission for Student Financial Assistance, based on the stipulations of Public Law 96-374, Section 491, part (7)(A). Research needs are as follows: (1) to determine the extent to which students may be dissuaded from pursuing graduate education on…

In 1983, the Washington State Legislature passed a bill providing incentive loans for students to become mathematics and science teachers. This report describes the employment status of loan recipients who completed teacher preparation programs as of November, 1987. Responses to the survey questionnaire from 199 teachers provided answers to the…

Lenders' billings for interest subsidy payments under the Department of Education's Guaranteed Student Loan Program (GSLP) are discussed. In fiscal year 1986, the Department of Education paid lenders $2.4 billion in interest subsidies on $39 billion of outstanding Guaranteed Student Loans. The General Accounting Office (GAO) reviewed the accounts…

Hearings on the Department of Education's final regulation governing the National Direct Student Loan (NDSL) Program are presented. The final regulation makes three changes: calculation of the federal capital contribution, which is the amount of new federal dollars allocated to institutions each year; the eligibility of institutions to receive…

Hearings concerning the activities of the Student Loan Marketing Association (Sallie Mae) are presented. Attention is focused on a request for an exemption under federal priority for recovering money owed the Association in the event that it files for liquidation or reorganization in the future under the Bankruptcy Act. It is noted that two goals…

This manual is designed to instruct administrators of the Guaranteed Student Loan (GSL) Program in how to take every step possible to administer the program effectively and to minimize the program costs of serving the high risk student. It shows schools how to work with students throughout their time in school, create ownership of the loan(s) by…

This paper describes survey results on the attitudes of Minnesota teachers toward their careers in general as well as data on the attitudes of teachers and principals toward alternative teaching roles being discussed nationally. This report also reviews survey data on the attitudes of teachers and principals toward the value and implementation of…

Pertinent information about the Alaska Student Loan Program is summarized. The topics covered include: purpose of the program; terms; questions and answers concerning loan amounts, application procedures and repayment; a payment reminder including a schedule of payments; the Alaska student loan statutes; and the Alaska student loan regulations.…

This self-instructional module on determining capital needs is the third in a set of twelve modules designed for small business owner-managers. Competencies for this module are (1) identify factors which must be considered when you begin the search for additional funds and (2) identify the sources of additional funds. Provided are information…

The status of the U.S. Office of Education-sponsored National Direct Student Loan funds at 19 selected postsecondary schools was reviewed. Enabling legislation intended that schools attain a revolving fund status but each school differs in its ability to do this because different loan collection procedures are used. Legislation requires schools to…