The William D. Ford Federal Direct Loan (Direct Loan) program makes several types of federal student loans available to individuals to assist them with financing postsecondary education expenses. This report presents a comprehensive overview of the terms and conditions that apply to federal student loans made through the Direct Loan program. It…

This publication provides a nontechnical summary of the U.S. Department of Education's discretionary grants process and the laws and regulations that govern it. This document is intended for individuals and organizations that are interested in applying to the U.S. Department of Education (the Department) for discretionary grants and cooperative…

The Secretary amends title 34 of the Code of Federal Regulations to establish regulations for the Teacher Education Assistance for College and Higher Education (TEACH) Grant program. The TEACH Grant program is a non-need-based grant program that provides up to $4,000 per year to students who are enrolled in an eligible program and who agree to…

On June 23, 2008, final regulations were published in the "Federal Register" to establish regulations for the Teacher Education Assistance for College and Higher Education (TEACH) Grant program. That document inadvertently included several minor technical errors. This document corrects the final regulations. These corrections are effective July…

One institution's several years' experience with the Department of Education's Quality Control Project, which is attempting to ascertain the value of student financial-aid application-verification efforts, is summarized and commented on. (Author/MSE)

Results of a survey of the Western Association of Financial Aid Administrators concerning the prevalence and stringency of validation procedures used in 1985-86 are presented, and the impact and effectiveness of federal verification procedures in offices in that region are discussed. (MSE)

This publication describes how an institution of higher education calculates and pays federal Pell awards to eligible students and how it reports those payments to the Department of Education. The discussion covers what the school must do to process an eligible student's Pell award after the school has received documentation of the student's…

This compilation of federal regulations concerning student aid includes changes through December 31, 1998, that apply to all regulations published in the "Federal Register." An introduction offers suggestions for understanding regulations. The regulations, with original dates and change dates, cover the following parts of Title 34 of the…

This report addresses concerns raised by the Committee on Health, Education, Labor, and Pensions of the U.S. Senate on : (1) the number and cost of trustee arrangements providing student loans and their shared characteristics; (2) the benefits and protections afforded the federal government through use of trustee arrangements; and (3) the effect…

This publication provides a non-technical summary of the Department of Education's discretionary grants process and the laws and regulations that govern it. It was written for readers who have received an award, or are simply interested in knowing more about the Department's discretionary grants process. It describes how grant programs are…

The "Student Financial Aid Handbook" explains the policies and procedures required for institutions of higher education to administer federally funded student financial assistance programs properly. This volume describes how a school calculates and pays Pell awards to eligible students and how it reports those payments to the Department…

Two attorneys discuss compliance issues surrounding the new rules concerning return of Title IV funds. They explain the calculation process and identify emerging legal issues and risk factors, including determination of student withdrawal rates, allowances for leaves of absence, the handling of inadvertent overpayments, and student grant repayment…

In its 2001 performance and accountability report on the Department of Education, the General Accounting Office (GAO) identified challenges with student financial-aid programs, financial management, and other areas facing education. The information presented in this report is intended to help sustain congressional attention and a departmental…

Colleges risk losing eligibility for government student loan programs, because of tightened loan-repayment requirements for participating institutions. Economic factors and some data-processing errors are blamed for high student default rates. Default rates are charted by state, lender, institution type, and guarantee agency. Colleges threatened…

This study examined student loan default rates at 98 of the 104 historically black colleges and universities (HBCUs) in the United States. About 3 percent of all federal students loans made in fiscal year (FY) 1995 were made to students at HBCUs, a percentage that has remained steady from FY 1991 through FY 1995. For FY 1993, the average loan…