This guide is intended for college financial aid administrators and counselors who help students begin the aid process--filing the Free Application for Federal Student Aid (FAFSA®) form, verifying information, and making corrections and other changes to the information reported on the FAFSA. The Federal Student Aid Handbook consists of the…

This guide is intended for college financial aid administrators and counselors who help students begin the aid process--filing the Free Application for Federal Student Aid (FAFSA®) form, verifying information, and making corrections and other changes to the information reported on the FAFSA. The Federal Student Aid Handbook consists of the…

The Teacher Education Assistance for College and Higher Education (TEACH) Grant aims to increase the number of highly qualified individuals teaching in high-need fields, such as reading specialist, mathematics, or science, at high-need schools. TEACH Grants provide up to $4,000 per academic year to students preparing to become teachers. To receive…

This paper presents the Federal Student Aid Annual Report for 2010. Federal Student Aid experienced an extraordinary year in 2010. The passage and enactment of the Health Care and Education Reconciliation Act of 2010 ushered in sweeping reforms to the federal student financial assistance programs, resulting in tens of billions of dollars in…

Supporters of the new direct student loan program are critical of the private loan-guarantee agencies that cover lender losses on defaulted loans, portraying them as greedy, inefficient, and plagued by conflicts of interest. In turn, the agencies and banks doubt federal capacity to manage student borrowing. (MSE)

Colleges and universities are finding that improvements in the guaranteed student loan process are making it more attractive than direct lending. In its third year, the direct lending program's total loan volume remains at 33%, well below the 50% goal set in originating legislation. Even some of its strongest supporters fear the program will have…

This article summarizes the current pattern of finance of higher education in Ghana, gives a brief history of student loans in Ghana, and describes a new program, which is administered by the Social Security and National Insurance Trust and is expected to result in a higher rate of loan repayment. (Author/DB)

The insurance premium rates that guaranty agencies charge student borrowers under the Guaranteed Student Loan program were analyzed by the U.S. General Accounting Office. The Higher Education Amendments of 1986 established a maximum rate (3% of the principal loan amount) that all agencies could charge student borrowers. Comparisons were made of…

Two years into its new life as a private company, the Student Loan Marketing Association (Sallie Mae) is both creating a division to handle the processing and clerical duties of college financial aid offices and backing away from a short-lived move into the business of underwriting college bonds. The agency also originates government-subsidized…

The Guaranteed Student Loan (GSL) program's current operations, legislative history, and growth are reviewed, along with research needs. GSLs are made by lenders to college students, and the federal government guarantees them and provides incentive payments to lenders and subsidy payments on behalf of students until loan repayment begins. Today,…

This annual report describes the activities of the Alaska Commission on Postsecondary Education during the 1992-93 fiscal year and the administration of the various student financial aid programs under its direction. It discusses the Commission's mandate, membership, goals, and current functions, including priorities for the coming year and new…

Current laws relating to student financial aid in Florida, current Florida aid programs, and options for the future are reviewed. The following programs are reviewed in terms of statutory policy objectives: Florida Student Assistance Grant Program; Florida Tuition Voucher Program; Florida Academic Scholars Program; Community College Tuition…

This report provides an overview of efforts undertaken by the U.S. General Accounting Office (GAO) in 1990 to review and report on federal program areas its work identified as high risk because of vulnerabilities to waste, fraud, abuse, and mismanagement. It reviews the current status of efforts to address these concerns. The six categories of…

Pennsylvania's sophisticated system for student loan fraud and abuse detection is described, including the factors felt to contribute to its success and suggestions for improving other state agency fraud units. (MSE)

This document reviews the management of ten student assistance programs, including: the Basic Educational Opportunity Grants (BEOG), the State Student Incentive Grants (SSIG), the Supplementary Educational Opportunity Grants program (SEOG), the College Work Study program (CWSP), the National Direct Student Loan program (NDSL), the Guaranteed…