Government guaranteed loans (21 - 30 of 79 items)
Direct Student Loans
HEHS-95-225R: Published: Aug 25, 1995. Publicly Released: Aug 25, 1995.
Pursuant to a congressional request, GAO reviewed year-one schools' satisfaction with the Federal Direct Student Loan Program (FDSLP), focusing on the: (1) process of reconciling schools' loan records with the Department of Education's records; (2) computer software that Education developed and provided to the schools; and (3) adequacy of the loan-servicing contractor's functions. GAO noted that:...
Student Loan Defaults: Department of Education Limitations in Sanctioning Problem Schools
HEHS-95-99: Published: Jun 19, 1995. Publicly Released: Jun 19, 1995.
Pursuant to a congressional request, GAO reviewed the Department of Education's efforts to resolve disputes arising from its debarment of schools from federally guaranteed student loan programs, focusing on: (1) how many schools have contested Education decisions and their main points of contention; (2) whether Education has taken sufficient steps to implement the 1993 amendments to the Higher Edu...
Direct Student Loans: Selected Characteristics of Participating Schools
T-HEHS-95-123: Published: Mar 30, 1995. Publicly Released: Mar 30, 1995.
GAO discussed the Federal Direct Student Loan Program. GAO noted that: (1) 102 postsecondary schools are participating in the first year of the program; (2) 59 of the 102 schools are making the direct loans themselves while the other schools use alternative originators to make direct loans to their students; (3) the schools are very satisfied with the program; (4) the program enables students to r...
Guaranteed Student Loans: Actions to Ensure Continued Student Access to Subsidized Loans
HEHS-95-64: Published: Feb 24, 1995. Publicly Released: Feb 24, 1995.
Pursuant to a congressional request, GAO reviewed how recent legislative changes have affected the availability of federally subsidized Stafford student loans, focusing on: (1) the arrangements guaranty agencies have to provide loans to eligible borrowers; and (2) Department of Education efforts to ensure continued student access to subsidized Stafford loans.GAO found that: (1) eligible students w...
High Risk Series: Student Financial Aid
HR-95-10: Published: Feb 1, 1995. Publicly Released: Feb 1, 1995.
GAO reviewed the problems that affect the Department of Education's student financial aid programs.GAO found that: (1) in 1992, the federal government paid $2.6 billion to support its guaranteed student loan program; (2) the reasons for the government's student loan liability include the complex loan structure, the lack of incentives to prevent loan defaults, financial risks for lenders and state...
Department of Education: Opportunities to Realize Savings
T-HEHS-95-56: Published: Jan 18, 1995. Publicly Released: Jan 18, 1995.
GAO discussed proposed Department of Education budget reductions and rescissions. GAO noted that: (1) Congress should consider terminating 21 programs that Education proposed for elimination because they were duplicative, their purposes were already achieved, or they would be more appropriately funded through nonfederal sources; (2) according to Education, termination of the 21 programs would be c...
Default Rates at HBCUs
HEHS-94-97R: Published: Mar 9, 1994. Publicly Released: Mar 9, 1994.
Pursuant to a congressional request, GAO provided information on federally guaranteed student loan default rates at historically black colleges and universities (HBCU), focusing on: (1) how current HBCU cohort default rates compare with prior year default rates; (2) the number of HBCU that could lose their Federal Family Education Loan (FFEL) eligibility or be subject to a state review; and (3) th...
Student Loans: Millions Loaned Inappropriately to U.S. Nationals at Foreign Medical Schools
HEHS-94-28: Published: Jan 21, 1994. Publicly Released: Jan 21, 1994.
Pursuant to a congressional request, GAO reviewed the quality of education that U.S nationals receive at foreign medical schools, focusing on: (1) the adequacy of the Department of Education's efforts to approve foreign medical schools for participation in the federal student loan program; and (2) whether state medical boards have the information they need to assess the quality of education that f...
Student Loans: Default Rates at Historically Black Colleges and Universities
HRD-93-117FS: Published: Aug 19, 1993. Publicly Released: Aug 19, 1993.
Pursuant to a congressional request, GAO provided information on federally guaranteed student loans and loan defaults for students attending historically black colleges and universities (HBCU), focusing on: (1) the amount of Federal Family Education Loans (FFEL) made to HBCU students; (2) default rates and the amount of defaulted loans for HBCU; and (3) the number of HBCU in fiscal year 1994 that...
Direct Student Loan Savings
HRD-93-25R: Published: Jul 15, 1993. Publicly Released: Jul 15, 1993.
Pursuant to a congressional request, GAO analyzed the estimated savings from implementation of a government financed direct student loan program during fiscal years 1994 through 1998, focusing on the impact of: (1) inflation; (2) interest rates; and (3) loan volume rates. GAO noted that: (1) the estimated savings from implementation of a direct loan program could total between $2.1 billion to $10...