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Examination of Financial Operations for Fiscal Year 1975 Shows Need for Improvements in the Guaranteed Student Loan Program

FOD-76-23 Published: Feb 10, 1977. Publicly Released: Feb 10, 1977.
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Highlights

The Student Loan Insurance Fund, administered by the Office of Education, is the mechanism used to finance Federal insurance and reinsurance for loans made under the Guaranteed Student Loan program. The accounting system for the Guaranteed Student Loan program is unsatisfactory.

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AccountingCollege studentsEducationFinancial recordsInsuranceLoan interest ratesLoansStudent loansStudentsFinancial statements