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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
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
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
