Students (61 - 70 of 157 items)
Federal Student Loans: Flexible Agreements with Guaranty Agencies Warrant Careful Evaluation
GAO-02-254: Published: Jan 31, 2002. Publicly Released: Jan 31, 2002.
The relationship between the Department of Education and state-designated guaranty agencies that run the largest federal student loan program is changing in order to achieve program and cost efficiencies and improve delivery of student financial aid. These state or private not-for-profit agencies guarantee payment if students fail to repay loans obtained through the Federal Family Education Loan p...
Alternative Market Mechanisms for the Student Loan Program
GAO-02-84SP: Published: Dec 18, 2001. Publicly Released: Dec 18, 2001.
This report reflects the results of a collaborative effort between GAO and representatives of the Secretary of Education. As required by the Higher Education Amendments of 1998, GAO formed a study group to identify and evaluate a means of establishing a market mechanism for the delivery of student loans. This study group consisted of representatives of the Department of the Treasury, Office of Man...
Department of Education: Key Aspects of the Federal Direct Loan Program's Cost Estimates
GAO-01-197: Published: Jan 12, 2001. Publicly Released: Jan 12, 2001.
The Department of Education runs two major federal student loan programs, the William D. Ford Federal Direct Loan Program (FDLP) and the Federal Family Education Loan Program (FFELP). Under FDLP, students or their parents borrow money directly from the federal government through the schools the students attend. Under FFELP, money is borrowed from private lenders, and the federal government guarant...
Student Loans: Direct Loan Default Rates
GAO-01-68: Published: Oct 17, 2000. Publicly Released: Nov 16, 2000.
This report focuses on the default rate for student loans. Two major federal student loan programs, the Federal Direct Loan Program (FDLP) and the Federal Family Education Loan Program (FFELP), together provided student borrowers with about 9 million loans totaling about $42.9 billion in fiscal year 1999. The most recent student loan default rate statistics for schools showed that, overall, the di...
Direct Student Loans: Legality of Regulations Authorizing Origination Fee Reduction
B-283717: Published: Sep 29, 1999. Publicly Released: Sep 29, 1999.
GAO commented on the legality of recent regulations authorizing the reduction of the origination fee charged in the William D. Ford Federal Direct Student Loan Program. In GAO's view, the regulations conflict with a statutory requirement that the Department of Education charge a 4 percent origination fee for loans made under the Direct Loan Program...
Department of Education: Resolving Discrimination Complaints Has Improved With New Processing System
HEHS-99-47R: Published: Mar 23, 1999. Publicly Released: Mar 23, 1999.
Pursuant to a congressional request, GAO provided information on the Department of Education's Office for Civil Rights (OCR), focusing on changes: (1) the OCR has made in its complaint resolution process since fiscal year (FY) 1993; and (2) in the timeliness and efficiency in resolving complaints between FY 1993 and FY 1997.GAO noted that: (1) since FY 1993, OCR has improved its complaint resoluti...
District of Columbia: Extent to Which Schools Receive Available Federal Education Grants
HEHS-99-1: Published: Oct 9, 1998. Publicly Released: Oct 9, 1998.
Pursuant to a congressional request, GAO reviewed how well the District of Columbia Public Schools (DCPS) have taken advantage of available federal education dollars, focusing on the: (1) federal education grant programs that are available to the District of Columbia; (2) status of efforts to fully optimize the ability to apply for or receive federal education grant programs by the District of Col...
Education and Employment Issue Area: Active Assignments
AA-98-13(3): Published: Aug 1, 1998. Publicly Released: Aug 1, 1998.
GAO provided information on its active assignments in the Education and Employment issue area as of August 17, 1998...
Student Loans: Effect of Including Certain Types of Loans in Calculating Schools' Default Rates
HEHS-98-135R: Published: Apr 17, 1998. Publicly Released: Apr 17, 1998.
Pursuant to a congressional request, GAO provided information on the formula specified in the Higher Education Act of 1965 for calculating schools' student loan cohort default rates, focusing on the effect on schools' default rates of including loans in deferment or forbearance in the denominator of the formula.GAO noted that: (1) students may delay repaying their loans by obtaining a deferment or...
Student Loans: Limited Information Is Available to Determine How Students' College Debt Affects Their School and Lifestyle Decisions
HEHS-98-97R: Published: Mar 25, 1998. Publicly Released: Mar 25, 1998.
Pursuant to a congressional request, GAO reviewed the availability of information on the extent to which students' debt or anticipated debt affected: (1) students' choices about whether and where to enroll in college or whether or how much to borrow in order to attend; (2) the length of time it took baccalaureate graduates to earn their degree and their choices regarding graduate school and employ...