As part of a 5-year evaluation of the William D. Ford Federal Direct Loan Program, this study assessed the U.S. Department of Education's (ED) administration of the program. Data were obtained through interviews with ED and other federal officials, institutional surveys, reviews of documents, attendance at meetings and training events, facilitated…

This publication provides guidance to schools that participate in the Federal Direct Student Loan Program. It provides details on how the Direct Loan Program operates and on Direct Loan policies and procedures. The 12 chapters include: (1) "Overview of the Direct Loan Program"; (2) "Basic Components of Direct Loans"; (3)…

This workbook covers all the processes needed to administer the federal direct loan program in schools; it requires familiarity with the basic concepts found in the "Direct Loan School Guide." The eight units of instruction include: Unit 1: an overview; Unit 2: processing loan records, including the EDExpress setup, the processing cycle,…

This report lists schools with fiscal year (FY) 1995, FY 1996, and FY 1997 official cohort student loan default rates that are 25 percent or higher. As a result, these schools are subject to initial loss of eligibility to participate in the Federal Family Education Loan Program, the Federal Direct Student Loan Program, and/or the Federal Pell…

This report lists schools with fiscal year (FY) 1995, FY 1996, and FY 1997 official cohort student loan default rates that are 25 percent or higher and have lost eligibility to participate in the Federal Family Education Loan Program, the Federal Direct Student Loan Program, and/or the Federal Pell Grant Program due to prior year cohort default…

This study examined the institutional satisfaction of approximately 2,250 institutions of higher education participating in the Federal Direct Loan and Federal Family Education Loan (FFEL) programs during the 1997-1998 academic year. Among major findings were: (1) both Direct Loan and FFEL institutions were satisfied with their loan programs,…

This directory contains a list of public and nonprofit private elementary and secondary schools designated as having a high concentration of students from low-income families. Full-time teachers at these schools may have a portion of their student loans canceled under the Federal Perkins Loan Program and the National Direct Student Loan Program.…

This report discusses problems reported by lenders participating in the Federal Direct Loan Program (FDLP) and the Federal Family Education Loan Program (FFELP). The study examined the nature and the source of the problems experienced by the lenders, how they affected lenders, and what steps the Department of Education and Electronic Data Systems…

The U.S. Department of Education makes William D. Ford Federal Direct Loans directly to students through the schools they attend. This guide for borrowers addresses: (1) facts about repaying direct loans; (2) consequences of default; (3) managing direct loan records; (4) information review; (5) important things to find out from the school; (6)…

The Federal Direct Student Loan Program is not an improvement over the Federal Family Education Loan Program and is doomed to fail as did a similar large-scale federal program 33 years ago. The program will not save money; the government is ill-equipped to manage it; it has been pushed past its demand; and schools do not want the change. (MSE)

This report lists postsecondary schools with official student loan default rates of 25.0 percent or greater for fiscal years (FY) 1994, 1995, and 1996. The listed schools had previously been excluded from the Federal Family Education Loan Program and/or the Federal Direct Student Loan Program due to their high default rates, and this exclusion may…

This guide is intended to assist institutions of higher education as they evaluate the efficiency and effectiveness of their administration of financial aid programs and compliance with federal laws and regulations, especially Title IV of the Higher Education Act. The guide goes beyond federal requirements to include other good administrative…

This workbook for financial aid administrators was intended for use at a four-day workshop and provides information and detailed instructions on how to apply for and document applications for student financial assistance. Each section first outlines some basic rules and timetables and then uses a questions-and-answer format and sample documents to…

This workbook for financial aid administrators was intended for use at a 4-day workshop and provides information and detailed instructions on how to apply for and document applications for student financial assistance. Each section first outlines some basic rules and timetables, then uses a question-and-answer format and sample documents to guide…

In its third year, direct lending is working well for college students and administration. It is a simpler, faster, more efficient way of getting loan funds to students that cuts out financial middlemen. It helps students manage their finances better when repaying loans, promotes competition, stimulates program innovation, leads to greater…