A growing share of high school graduates have enrolled in college over the past three decades, a positive trend driven primarily by enrollment increases amongst students from low- and moderate-income families. At the same time, the net cost of college has increased significantly--for a population that is now less able to afford those…

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…

A study was done of how interest rate floors on certain guaranteed student loans affect the federal government's and students' costs when rates on short-term government securities decline. The study developed cost comparisons using fixed and variable loan interest rates. For comparison Department of Education projections of loan volumes for fiscal…

A study was done to determine the extent of and reasons for the Department of Education's delayed receipt of origination fees for Stafford Student Loans, and actions needed to facilitate the prompt receipt of the fees. The fees help offset the federal governments' multibillion-dollar cost of subsidizing the Stafford Student Loan Programs. There…

This report identifies improvements needed in administration of the guaranteed student loan program. Improvements needed are based on the fact that that lenders are not informed when student borrowers drop out of school. Alternatives for providing lenders with timely information on enrollment terminations are indicated. Additional administrative…

A new variant, the Partially Contingent Educational Opportunity Bank Plan (PCEOB), of the contingent repayment loan is proposed for higher education. This report develops PCEOB operating parameters to be applied to U.S. medical schools. Part one discusses three EOB variants: semi-conventional, fully-contingent, and partially-contingent. Part two…

This guide provides information for schools considering whether to participate in the Federal Direct Student Loan Program, and it offers advice on how to plan for and operate the loan program at an individual school. The information in the guide is presented in a way that follows the steps that need to be taken in planning and implementing the…

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)

This report discusses the current types of financial aid and the principles and practices that guide college financial aid programs. Although specific functions vary among institutions, the authors cite a common core of operational activities; counseling about student expenses and financial aid opportunities, general administration, student…

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…

Proposals for the amendment or elimination of the in-school interest subsidy for the Guaranteed Student Loan (GSL) program were evaluated. The proposals were assessed in terms of their effects on the administrative and operational aspects of the GSL program, the availability of loan capital, and their impact on borrowers' ability to meet their…

This background paper on institutional lending examines institutional lender policy in the Stafford Student Loan Program, the study of which was mandated in the 1986 reauthorization of the Higher Education Act. The paper's particular purpose, however, is to familiarize the reader with the general operation of programs and the historical…

A study was done to investigate whether Supplemental Educational Opportunity Grants (SEOG) were being awarded to students with the lowest expected family contribution (EFC). The study used data from a 1991 Department of Education study based on a sample of 25,000 undergraduate students drawn from over 1,100 postsecondary institutions across the…

This manual is designed to instruct administrators of the Guaranteed Student Loan (GSL) Program in how to take every step possible to administer the program effectively and to minimize the program costs of serving the high risk student. It shows schools how to work with students throughout their time in school, create ownership of the loan(s) by…

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…