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Federal student loans : elements and analyses of the direct loan program / Gabriella Bradford, editor.

EBSCOhost eBook Community College Collection Available online

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Format:
Book
Contributor:
Bradford, Gabriella, editor.
Series:
Education in a competitive and globalizing world series.
Education in a Competitive and Globalizing World
Language:
English
Subjects (All):
William D. Ford Federal Direct Loan Program.
Federal aid to higher education--United States.
Federal aid to higher education.
Education, Higher--Subsidies--United States.
Education, Higher.
United States.
Physical Description:
1 online resource (147 p.)
Place of Publication:
New York : Nova Publishers, 2014.
Language Note:
English
Summary:
The William D. Ford Federal Direct Loan (DL) program is the primary federal student loan program administered by the U.S. Department of Education (ED). The program makes available loans to undergraduate and graduate students and the parents of dependent undergraduate students to help them finance their postsecondary education expenses. This book discusses major provisions of federal student loans made available through the DL program and previously made through the FFEL program. It focuses on provisions related to borrower eligibility, loan terms and conditions, borrower repayment relief, and loan default and its consequences for borrowers. These topics are principally discussed with regard to loans currently being made through the DL program, or made in the recent past through either program. The book also provides detailed historical information on annual and aggregate borrowing limits, loan fees, and student loan interest rates.
Contents:
Federal student loans made under the Federal Family Education Loan program and the William D. Ford Federal Direct Loan program : terms and conditions for borrowers / David P. Smole
Federal student loans : borrower interest rates cannot be set in advance to precisely and consistently balance federal revenues and costs / United States Government Accountability Office.
Notes:
Includes index.
Description based on online resource; title from PDF title page (ebrary, viewed June 5, 2014).
ISBN:
1-63321-224-6

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