Student Loan Lenders: Information on the Activities of the First Independent Trust Company
HRD-90-183FS
Published: Sep 25, 1990. Publicly Released: Sep 25, 1990.
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Highlights
Pursuant to a congressional request, GAO reviewed the activities of a closed California bank, focusing on: (1) its loan portfolio; (2) money it owed the Department of Education under the Stafford Student Loan Program; and (3) bank audits and reviews conducted by various organizations.
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Topics
Bank examinationBank managementBanking regulationGovernment guaranteed loansHigher educationLending institutionsStudent financial aidStudent loansVocational schoolsStudents