The Federal Student Aid's (FSA's) Five-Year Strategic Plan for Fiscal Years 2020-24 (Five-Year Plan) establishes ambitious goals and objectives to ensure that FSA continues to provide access to higher education regardless of one's past educational experiences or socioeconomic status. This Five-Year Plan was informed by public comments; focus…

Our study adds to prior work on Indiana's Twenty-first Century Scholars(TFCS) program by focusing on whether participating in--rather than completing--the program affects the likelihood of students going to college and where they initially enrolled. We first employ binary and multinomial logistic regression to obtain estimates of the impact of the…

For both efficiency and equity reasons, student loans schemes have been introduced by several countries. Empirical work has been carried out in order to measure the effectiveness of these policies, but, with few exceptions, their results are not comparable because of their concentration on specific aspects. The present work suggests a…

The Thai higher education sector has expanded quickly during the past decade, making a transition from an elitist to a mass institution. A driving force behind the expansion was believed to be the Student Loan Fund (SLF), introduced in 1996. During the first 10 years of its operation, the SLF has lent to more than 2.6 million students, with the…

Using a longitudinal, state-wide dataset, this study assessed the effect of financial aid on the persistence of full-time students in associate's degree programs at the Oklahoma community colleges. Three financial-aid sources were examined: the Oklahoma Higher Learning Access Program (OHLAP), Pell grants, and Stafford loans. Results indicate that…

Recent events have increased concerns about the potential for fraud in student loan programs related to loans for U.S. residents attending foreign schools. In 2002 the Office of Special Investigations of the General Accounting Office (GAO) created a fictitious foreign school that the Department of Education subsequently certified as eligible to…

This document reports oral testimony and prepared statements of persons who testified at hearings on the financial difficulties confronting the Higher Education Assistance Foundation (HEAF) and the impact that situation has on the Stafford Student Loan Program of the Department of Education. Witnesses included: Lauro F. Cavazos, U.S. Department of…

This program evaluation by the staff of the Illinois Economic and Fiscal Commission seeks to examine the impact and effectiveness of the major student financial aid programs in Illinois. Particular emphasis was placed on public university undergraduate students. In collecting information, a survey was distributed to over 7,800 public university…

This survey comprised of two volumes of the first year of implementation of the Federal Direct Loan Program among institutions of the first cohort was designed to assess institutions' experiences in transition to the new program and their satisfaction with the program overall. Results included: (1) the overall level of schools' satisfaction with…

The University of Oregon's financial aid director describes the success of the Federal Direct Student Loan program in its first year at the institution. No significant program disadvantages were experienced, and its advantages included flexibility of administration, ease of data management with the servicer, decrease in office workload, and…

Results of a Government Accounting Office review of the administration of the National Direct Student Loan (NDSL) program by the Office of Education and participating universities is provided. Problems found concerned the need to: (1) provide program guidance at institutions so they can promptly and effectively implement established requirements…

A discussion of the Canada Student Loans program argues that it lacks vertical and horizontal equity and creates a work disincentive, program rules need updating to reflect inflation and tax rate changes, and the government is controlling the cost of program interest subsidy inefficiently. An alternative program design is proposed. (Author/MSE)

The congressional hearing report scrutinized the role of banks, guarantee agencies, student loan secondary markets, and loan servicers in the operation of federal student aid programs. Program weaknesses which have contributed towards to abuse and fraudulent practices of federally backed student loans were identified. Witnesses included officials…

This advisory report investigates the possible simplification of the Federal Family Education Loan Program (FFELP) and considers the issue of federal direct lending. The evaluation indicates that complexity in the FFELP is due to multiple, overlapping loan programs with conflicting terms and conditions. Nonstandard policies, procedures, forms, and…

Stage Two of the Title IV Quality Control Project is an evaluation of quality of the United States Department of Education's major student aid programs. The study sought to identify, measure, and analyze error during the 1985-86 academic year in each of the five major Title IV programs, including the Pell Grant program, the Campus-Based programs…