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Zota, Rita R.; Hegji, Alexandra; Shohfi, Kyle D. – Congressional Research Service, 2023
Income-driven repayment (IDR) plans are a subset of student loan repayment plans that cap a borrower's monthly payment at a percentage of their discretionary income, which is defined as a portion of a borrower's adjusted gross income (AGI) that exceeds a specified multiple of the federal poverty line (FPL) for the borrower's family size. A…
Descriptors: Federal Programs, Student Loan Programs, Federal Aid, Loan Repayment
Hegji, Alexandra – Congressional Research Service, 2021
Title IV of the Higher Education Act (HEA; P.L. 89-329), as amended, authorizes the primary programs that provide federal financial assistance (e.g., Pell Grants and Direct Loans) to students to assist them in obtaining a postsecondary education at eligible institutions of higher education (IHEs). IHEs seeking to participate in the Title IV…
Descriptors: Federal Legislation, Educational Legislation, Higher Education, Federal Programs
Hegji, Alexandra – Congressional Research Service, 2021
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. It represents the single largest source of federal financial assistance to support students' postsecondary educational pursuits. The U.S. Department of…
Descriptors: Student Loan Programs, Federal Legislation, Federal Aid, Postsecondary Education
Dortch, Cassandria; Bradley, David H.; Hegji, Alexandra – Congressional Research Service, 2020
In recent years, policymakers, industry stakeholders, and educational institutions have shown an interest in the federal government increasing financial support to individuals who pursue training and postsecondary education in non-degree instructional and work-based learning programs. This report provides an overview of existing federal programs…
Descriptors: Federal Programs, Federal Aid, Student Loan Programs, Financial Support
Hegji, Alexandra; Collins, Benjamin – Congressional Research Service, 2020
The Higher Education Act of 1965 (HEA; P.L. 89-329, as amended) authorizes programs and activities to provide support to individuals who are pursuing a postsecondary education and to institutions of higher education (IHEs). During the 116th Congress, the House Committee on Education and Labor marked up and ordered to be reported the College…
Descriptors: Educational Legislation, Federal Legislation, Higher Education, Educational Finance
Hegji, Alexandra; Fountain, Joselynn H.; Collins, Benjamin; Kuenzi, Jeffrey J.; Dortch, Cassandria; Smole, David P. – Congressional Research Service, 2018
The Higher Education Act of 1965 (HEA; P.L. 89-329, as amended) authorizes programs and activities that make federal financial assistance available to individuals who are pursuing a postsecondary education and to institutions of higher education (IHEs). It also authorizes a number of other activities and functions related to postsecondary…
Descriptors: Higher Education, Educational Legislation, Federal Legislation, Federal Aid