The Public Service Loan Forgiveness (PSLF) program was established in 2007 and forgives borrowers' remaining federal student loan balances after they have made at least 10 years of qualifying loan payments while working in public service. Starting in September 2017, the first borrowers potentially became eligible for the PSLF program and began…

Starting in September 2017, the first borrowers became eligible and began applying to have their loans forgiven through the Public Service Loan Forgiveness (PSLF) program. The US Government Accountability Office (GAO) was asked to review the PSLF program. This report examines the (1) number of borrowers pursuing PSLF and the extent to which the…

The U.S. Department of Education's Teacher Education Assistance for College and Higher Education (TEACH) Grant aims to increase the number of teachers in high-need fields and schools by providing up to $4,000 per year to undergraduate and graduate students enrolling in coursework to become a teacher. To meet the requirements of the TEACH Grant,…

The presidents of all postsecondary institutions in the Department of Health, Education, and Welfare's Region VIII (comprised of the states of Colorado, Wyoming, Utah, Montana, North Dakota, and South Dakota) were surveyed to determine important issues in the administration of federally-supported student financial aid programs. The survey…

A study investigated the implementation costs of direct lending in 77 diverse colleges and universities, including both increases and decreases in institutional expenditures. Results indicate that start-up costs varied greatly, that the institution's loan volume was related to the cost and savings experienced, and that costs and savings were…

Nationally obtained public testimony, evaluations of previous studies, discussions of prior recommendations, examinations of federal reports, and review of federal investigations have identified serious problems that threaten to undermine the integrity of federal student financial assistance programs, as well as public confidence in their…

This paper summarizes five case studies and identifies the common conditions that enabled these colleges to benefit from Federal resources. Twenty-five conditions common to all five colleges with respect to their handling of Federal programs are described. Additional factors present at the individual schools studied are also noted. Some of the…

A New York University study compared effects of the Direct Student Loan and Federal Family Education Loan programs on students, families, and campus administrators and of the programs' best practices. Some administrative challenges with dual program participation were found. Reactions to the programs were largely similar and positive, but…

This report presents the results of a survey of 808 postsecondary education institutions concerning effects of the 1992 Higher Education Act reauthorization on federal student financial aid. The survey was conducted in the 1994-95 school year through the Postsecondary Education Quick Information System (PEQIS). The reauthorization legislation made…

The administration of the Law Enforcement Education Program was investigated. The program was managed by the Law Enforcement Assistance Administration until May 1980, when it was transferred to the new Department of Education. The program provides grants and loans to students enrolled in college programs leading to degrees in law enforcement or…

The adequacy of the Department of Education's automated information system for the Guaranteed Student Loan Program was assessed. The review conducted by the U.S. General Accounting Office focused on the department's efforts and plans to correct system deficiencies, the reasonableness and propriety of major system costs incurred, and the…

During the past five years, postsecondary student assistance programs administered by the Office of Education have enabled an estimated nine million students to receive a postsecondary education who might otherwise have been unable to do so. These programs include the Federally Insured Student Loan program, the National Direct Student Loan…

Distribution of federal expenditures for interest benefits, special allowance payments, default claims reinsurance, and administrative cost allowances among over 61,000 borrowers is described, including in-school, grace and repayment periods by institution type, years enrolled, dependency status, and family financial circumstances. (Author/MSE)

The impact of the Middle Income Student Assistance Act (MISAA) program was evaluated through analysis of financial aid to cohorts of students before and after MISAA, a longitudinal examination of a sample of students before and after its enactment, and a macro-level analysis of the effect of MISAA on the relationship between income and aid. The…

This report on the Guaranteed Student Loan (GSL) Program in the California community colleges discusses the repayment of student loans and recommends strategies for reducing default rates. Introductory material highlights the following trends: (1) financial aid programs for low-income students have failed to keep pace with demand; (2) by 1983,…