Federal Student Loans Terms and Conditions for Borrowers

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service

Language:

English

Subjects (All):

Banks and banking.

Student aid.

Universities and colleges.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[Place of publication not identified] [publisher not identified] 2004

Summary:

Reviews Federal student loan programs, including the Federal family education loan (FFEL) program, which guarantees loans from private lenders, and the William D. Ford direct loan (DL) program, under which schools or contractors working for the Department of Education serve as the direct loan originators. Describes types of loans available through the FFEL and DL programs, and examines borrower eligibility and student loan terms and conditions, including loan limits, interest rates, borrower fees, and repayment terms and plans. Provides information on borrower repayment and relief, including deferments and loan consolidation, and discusses student loan default and its consequences for borrowers, loan rehabilitation, and loan discharge and forgiveness. Includes a glossary of financial terms

Notes:

CRS Report

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Nov. 2010). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

Microfiche version Library of Congress Congressional Research Service Federal Student Loans

Publisher Number:

CRS-2004-DSP-0042

Access Restriction:

Restricted for use by site license