Aid for education (51 - 57 of 57 items)
The Veterans Administration Education Loan Program
105933: May 16, 1978
The Veterans and Dependents Education Loan Program administered by the Veterans Administration (VA) has been growing since its beginning in 1974 and, in the first quarter of 1978, 8,800 loans totalling $11.4 million were made. However, the program has not effectively met the congressional intent of providing financial aid to needy students attending high cost institutions because VA has not restri...
Office of Education's Basic Grant Program Can Be Improved
HRD-77-91: Published: Sep 21, 1977. Publicly Released: Sep 21, 1977.
The Basic Educational Opportunity Grant Program has provided financial aid to needy students, but often it has not met its legislative goal of being the foundation of financial aid for needy students.The Office of Education has not established adequate controls to guarantee that information supplied by applicants and parents is accurate. As much as $24.3 million may have been awarded to ineligible...
Collection Efforts Not Keeping Pace With Growing Number of Defaulted Student Loans
CD-77-1: Published: Aug 11, 1977. Publicly Released: Aug 11, 1977.
Although some positive actions are being taken by the Office of Education to collect defaulted student loans, the problem has reached serious proportions.The Office of Education guaranteed 4 million student loans amounting to $4.5 billion through September 1976. It had to pay about $287 million to lending institutions during the same time because about one of every six loans had been defaulted aft...
The National Direct Student Loan Program Requires More Attention by the Office of Education and Participating Institutions
HRD-77-109: Published: Jun 27, 1977. Publicly Released: Jun 27, 1977.
The National Direct Student Loan (NDSL) program, one of three student financial aid programs administered by the Office of Education (OE), provides for the establishment of loan funds at postsecondary educational institutions so that they can make loans to qualified students.Several problems were noted in the administration of the program. Because OE has not provided adequate program guidance for...
Study of Guaranteed Student Loan Bankruptcy
HRD-77-80: Published: Apr 15, 1977. Publicly Released: Apr 20, 1977.
No summary is currently available...
Report to the Secretary, HEW, on the National Direct Student Loan Delinquency Rate
HRD-77-17: Published: Nov 5, 1976. Publicly Released: Nov 5, 1976.
The method used by the Office of Education (OE) to compute the loan delinquency rate under the National Direct Student Loan (NDSL) program is discussed, and an alternative computation is suggested. A loan is considered overdue when a scheduled payment has not been made for more than 120 days. The school that made the loan is then required to pursue repayment. The delinquency rate is the percentage...