Insurance premiums being charged to borrowers under the Guaranteed Student Loan (GSL) program were studied to determine if the rate exceeded the rate necessary to protect the reserves of the insurer. Attention was directed to whether historical changes in the GSL program have affected insurance premiums. Guaranty agency's sources and uses of funds…

Addresses the need for a national parental loan program proposing that loans up to the amount of the total expected contribution less that portion which can reasonably be expected out of current disposable purchasing power be offered as part of a total financial assistance package. (JT)

This study used economic investment theory and attitudinal survey data to examine the relationship between the decline in low-income participation in higher education and the substitution of loans for grants in federal student financial aid programs. Loans are seen to substantially decrease the net benefits of college attendance to low-income…

The report, based on data from the first National Postsecondary Student Aid Study (1986), describes the combinations of student aid awards or student aid "packages" received by federally-aided students to finance their educations in 1986-87. The narrative discussion presents the results in a question-and-answer format, including such…

Problems in the administration of student aid programs are documented in this semiannual report by the Department of Educations's Office of Inspector General (OIG). Chapter 1 describes abuses of the Department of Education's student financial assistance (SFA) programs, improper screening of participating schools, illegal access by ineligible…

More than 700 print and online financial aid directories issued since 1980 are listed, described and evaluated in this guide. Listings are divided into the following major headings: scholarships, fellowships, grants, awards and prizes, loans, internships, and databases and search services. Within each heading, general listings are provided…

A description of the current provisions of the Guaranteed Student Loan (GSL) program is provided along with an analysis of the GSL budget, a summary of up-to-date statistics on participation in the program, and a review of continuing issues related to the program. These federally reinsured loans are usually made by private lenders to students for…

The report of the Committee on Education and Labor, together with supplemental minority and additional views is presented to accompany H.R. 4986 to amend the Higher Education Act 1965 to reduce the default rate on student loans under the Act. Topics include the following: committee action; background and need for the legislation; explanation of…

The most recent and complete statistics available from the College Board on student aid in the 1980s (complementing the publication by Gillespie and Carlson, "Trends in Student Aid: 1963 to 1983") are presented. Seven tables provide data on the following: aid awarded to postsecondary students in current dollars; aid awarded to postsecondary…

Recent developments in New York State's student financial aid programs and the scope of federal programs in the state are examined, along with the relationship of state and federal programs. In addition, trends in awards and payments in the Tuition Assistance Program and overall recommendations of the Board of Regents are presented. Current trends…

The loan collection practices and procedures of guaranty agencies and ways to reduce default costs were assessed by the U.S. General Accounting Office at the request of Congress. Questionnaires were completed by 58 guaranty agencies and visits were made to eight agencies. Before revised regulations were issued by the U.S. Department of Education…

A bill to amend provisions of the Public Health Service Act relating to the National Health Service Corps (NHSC) is discussed. The bill extends the authorities for the NHSC field and scholarship programs. Provisions include: a new requirement that the maximum amount of NHSC scholarship not exceed $15,000 for the school year ending in fiscal year…

The increasing costs, paid by the Department of Education through 47 loan guaranty agencies, for defaulted loans made through the Guaranteed Student Loan Program prompted the General Accounting Office (GAO) to evaluate the policies and procedures used by the Department and the guaranty agencies. The purposes were to determine whether: (1) the…

Recent efforts by several states and colleges to establish new student loan programs are described, based in part on a policy seminar held in September 1982. Prospects and problems of the options are also considered. Several higher education institutions are developing loan programs that follow conventional financing methods and do not utilize…

Information on managing debts acquired by St. John's University undergraduate students is provided. The cost of education for an undergraduate student includes tuition, fees, books, home maintenance, personal expenses, and transportation. Student budgets for 1984-1985 and 1985-1986 (estimated) are provided by students' dependency status (dependent…