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Download full textHegji, Alexandra – Congressional Research Service, 2023
Title IV of the Higher Education Act of 1965 (HEA; P.L. 89-329, as amended) authorizes the operation of three federal student loan programs: the William D. Ford Federal Direct Loan (Direct Loan) program, the Federal Family Education Loan (FFEL) program, and the Federal Perkins Loan program. While new loans are currently authorized to be made only…
Descriptors: Student Loan Programs, Debt (Financial), Federal Programs, COVID-19
Emrey-Arras, Melissa – US Government Accountability Office, 2022
About half of the more than $1 trillion in outstanding federal student Direct Loans are being repaid by borrowers using IDR plans. Some borrowers in IDR plans are now potentially eligible for forgiveness of their remaining loan balances after 20 or 25 years of payments. GAO was asked to review IDR forgiveness. This report examines: (1) how many…
Descriptors: Federal Aid, Student Financial Aid, Student Loan Programs, Loan Repayment
Hegji, Alexandra – Congressional Research Service, 2021
The Higher Education Act of 1965 (HEA; P.L. 89-329, as amended) authorizes the operation of three federal student loan programs: (1) the William D. Ford Federal Direct Loan (Direct Loan) program; (2) the Federal Family Education Loan (FFEL) program; and (3) the Federal Perkins Loan program. While new loans are currently authorized to be made only…
Descriptors: Student Loan Programs, Loan Repayment, Federal Aid, Federal Programs
National Association of Student Financial Aid Administrators, 2025
The Higher Education Act of 1965, as amended, specifies a loan origination fee of 1 percent for all Direct Subsidized Loans and Direct Unsubsidized Loans, and a fee of 4 percent for all Direct PLUS Loans for both parent borrowers and graduate and professional student borrowers. Student loan origination fees, the hidden student loan tax, generated…
Descriptors: Student Financial Aid, Student Loan Programs, Fees, Federal Aid
National Association of Student Financial Aid Administrators, 2024
National Association of Student Financial Aid Administrators' (NASFAA's) National Student Aid Profile is an annual publication designed to give a high-level overview of the federal student financial aid programs that provide funding to millions of students each year. This profile includes an overview of: (1) The Federal Pell Grant Program; (2) The…
Descriptors: Federal Programs, Student Financial Aid, Federal Aid, Grants
National Association of Student Financial Aid Administrators, 2024
National Association of Student Financial Aid Administrators' (NASFAA's) National Student Aid Profile is an annual publication designed to give a high-level overview of the federal student financial aid programs that provide funding to millions of students each year. This profile includes an overview of: (1) The Federal Pell Grant Program; (2) The…
Descriptors: Federal Programs, Student Financial Aid, Federal Aid, Grants
Office of Inspector General, US Department of Education, 2023
In accordance with the Reports Consolidation Act of 2000, the OIG reports annually on the most serious management and performance challenges the Department faces. For FY 2024, we identified seven management challenges for the Department: (1) Implementing pandemic relief laws for elementary and secondary education; (2) Implementing pandemic relief…
Descriptors: Federal Programs, Educational Finance, Student Financial Aid, Pandemics
Hegji, Alexandra – Congressional Research Service, 2023
The William D. Ford Federal Direct Loan (Direct Loan) program is the single largest source of federal financial assistance to support students' postsecondary educational pursuits. The U.S. Department of Education estimates that in FY2024, $85.8 billion in new loans will be made through the program. As of the end of the first quarter of FY2023,…
Descriptors: Student Loan Programs, Federal Aid, Federal Legislation, Debt (Financial)
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
National Association of Student Financial Aid Administrators, 2022
National Association of Student Financial Aid Administrators' (NASFAA's) National Student Aid Profile is an annual publication designed to give a high-level overview of the federal student financial aid programs that provide funding to millions of students each year. This profile includes an overview of: (1) The Federal Pell Grant Program; (2) The…
Descriptors: Federal Programs, Student Financial Aid, Federal Aid, Grants
National Association of Student Financial Aid Administrators, 2022
National Association of Student Financial Aid Administrators' (NASFAA's) National Student Aid Profile is an annual publication designed to give a high-level overview of the federal student financial aid programs that provide funding to millions of students each year. This profile includes an overview of: (1) The Federal Pell Grant Program; (2) The…
Descriptors: Federal Programs, Student Financial Aid, Federal Aid, Grants
Hegji, Alexandra – Congressional Research Service, 2022
Title IV of the Higher Education Act of 1965 (HEA; P.L. 89-329, as amended) authorizes the operation of three federal student loan programs: the William D. Ford Federal Direct Loan (Direct Loan) program, the Federal Family Education Loan (FFEL) program, and the Federal Perkins Loan program. While new loans are currently authorized to be made only…
Descriptors: Federal Aid, Student Loan Programs, Federal Legislation, Debt (Financial)
Hegji, Alexandra – Congressional Research Service, 2022
Title IV of the Higher Education Act of 1965 (HEA; P.L. 89-329, as amended) authorizes the operation of three federal student loan programs: the William D. Ford Federal Direct Loan (Direct Loan) program, the Federal Family Education Loan (FFEL) program, and the Federal Perkins Loan program. This report provides an overview of student loan…
Descriptors: Federal Aid, Student Loan Programs, Federal Legislation, Debt (Financial)
Peer reviewedBurns, Rachel; Johnson, Ruby; Lacy, T. Austin; Cameron, Margaux; Holley, Jordan; Lew, Stephen; Wu, Joanna; Siegel, Peter; Wine, Jennifer – National Center for Education Statistics, 2022
This First Look publication provides the first results of the 2017-18 National Postsecondary Student Aid Study, Administrative Collection (NPSAS:18-AC), the most comprehensive national study of student financing of postsecondary education in the United States. The study includes information for about 245,000 undergraduate students and 21,000…
Descriptors: Student Financial Aid, Postsecondary Education, Institutional Characteristics, Federal Aid
Burns, Rachel; Johnson, Ruby; Lacy, T. Austin; Cameron, Margaux; Holley, Jordan; Lew, Stephen; Wu, Joanna; Siegel, Peter; Wine, Jennifer – National Center for Education Statistics, 2022
This Summary presents selected findings from "2017-18 National Postsecondary Student Aid Study, Administrative Collection (NPSAS:18-AC): First Look at Student Financial Aid Estimates for 2017-18. NCES 2021-476rev." The study includes information for about 245,000 undergraduate students and 21,000 graduate students attending 1,900…
Descriptors: Student Financial Aid, Postsecondary Education, Institutional Characteristics, Federal Aid
