Federal Student Aid's core mission is to ensure that all eligible Americans benefit from federal financial assistance--grants, loans and work-study programs--for education beyond high school. The programs administered comprise the nation's largest source of student aid. Every year, the U.S. Department of Education provides more than $83 billion in…

This biweekly newsletter contains news and information about school improvement in the United States, designed expressly for parents and families. This issue highlights federal student loan interest rates, which have dropped to 3.37 percent, the lowest in nearly 35 years, saving money for millions of borrowers.

This report briefly summarizes Alaska student financial aid programs and participation levels for 1990-91. The programs described are the following: (1) Alaska Student Loan Program (program summary, loan award amounts, undergraduate loans, graduate loans, foreign study, loan repayments, default); (2) Alaska Family Education Loan Program…

This fact sheet discusses student financial aid in California postsecondary education. It indicates California student financial aid is increasing significantly: (1) in 2002-03, California students received over $8 billion in financial aid; (2) financial aid funding increased by over 30%, from $5.9 billion in 1998-99 to $8.1 billion in 2002-03;…

"The Achiever" is a monthly publication for parents and community leaders. Each issue contains news and information about school improvement in the United States. Highlights of this issue include: (1) President Signs College Cost Reduction Act; (2) Galvanizing the Community: Charter Schools Provides Greater Choice to Colorado Latinos…

This document is a favorable report to the U.S. Senate on a bill that provides for the financial security of the Student Loan Marketing Association, an act which amends the Higher Education Act of 1965. The report urges the passage of this bill which sets forth various capital levels that safeguard the government from the possibility of loss…

Federal Student Aid's core mission is to ensure that all eligible Americans benefit from federal financial assistance--grants, loans and work-study programs--for education beyond high school. The programs administered comprise the nation's largest source of student aid: during the 2007-08 school year alone, approximately $83 billion in new aid was…

Every eligible program, including graduate programs, must have a defined academic year. Award limits are generally connected to a period of time. For instance, all of the programs except Federal Work-Study have a maximum amount that can be awarded for an academic year or award year. This handbook is a resource for learning about Federal Student…

This brochure contains suggestions for individuals repaying student loans on how they might benefit from Direct Loans, a program which consolidates multiple loans into a single account and offers favorable repayment terms, convenience, financial flexibility, and competitive interest rates. The brochure contains information on factors to be…

Federal Student Aid's core mission is to ensure that all eligible Americans benefit from federal financial assistance--grants, loans and work-study programs--for education beyond high school. The programs administered comprise the nation's largest source of student aid: during the 2005-06 school year alone, approximately $78 billion in new aid was…

This report examines the changes that occurred in college student financial aid between 1986-87 and 1989-90 by comparing students receiving various forms of aid in the fall of 1986 with those receiving aid in the fall of 1989. The data used were derived from the 1987 and 1990 National Postsecondary Student Aid Studies (NPSAS). The overall focus of…

The Senate Committee on Labor and Human Resources met to consider an amendment to the Higher Education Act of 1965 to improve the delivery of college financial aid by moving from guaranteed students loans to direct loans. Under a system of direct loans, students would borrow directly from the Federal Government by applying through their colleges.…

This publication is the 11th edition of a guide for students seeking financial assistance to attend post high school institutions in Illinois. The first of six chapters reproduces a booklet, titled "Need a Lift?", on obtaining financial aid for higher education and put out by the American Legion. This chapter provides general…

To assist in making funds available for student higher education loans and to keep their interest rates as low as possible, the Department of Education compensates participating lending institutions using a combination of interest subsidies and special allowance payments. Lenders use ED Form 799, Lender's Interest and Special Allowance Request and…

As part of a series of field hearings across the nation on the reauthorization of the Higher Education of 1965, the Subcommittee on Postsecondary Education met in Pleasant Hill, California, to hear testimony specifically on access to education for children of lower and middle class families in California. Discussed were the rising cost of higher…