Direct Student Loans:

Legality of Regulations Authorizing Origination Fee Reduction

B-283717: Published: Sep 29, 1999. Publicly Released: Sep 29, 1999.

Additional Materials:


Office of Public Affairs
(202) 512-4800

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.

Jul 23, 2015

May 19, 2015

May 13, 2015

Apr 22, 2015

Apr 13, 2015

Mar 26, 2015

Looking for more? Browse all our products here