Student Financial Assistance: Hearings, Ninety-third Congress, First[-second] Session
U.S. Government Printing Office, 1974
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Common terms and phrases
able additional administrative agencies allowance amended amount application appropriate assistance Association authorized banks basis borrowers BRADEMAS cancellation capital Chairman changes claim collection Commissioner continue costs default delinquency DELLENBACK determined direct effect effort eligible established fact Federal feel financial aid fiscal funds going Government graduate grant GSLP guaranteed loan guaranteed student loan higher education income increase independent institutions interest June kind legislation lenders lending less major meet ment Michigan million months MOORE NDSL O'HARA obligations Office of Education operation paid parents participating payment percent period PHILLIPS present principal problem question reasonable received recommendations repayment responsible result schools Secretary statement status student loan program suggest tion University
Page 221 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for that purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act.
Page 221 - Such notes or other obligations shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average market yield on outstanding marketable obligations of the United States of comparable maturities during the month preceding the issuance of the notes or other obligations.
Page 71 - ... to be redeemable at the option of the Corporation before maturity in such manner as may be stipulated in such obligations.
Page 224 - ... are accepted, on transfer, by not less than three institutions which are so accredited, for credit on the same basis as if transferred from an institution so accredited.
Page 216 - Federal funds paid to the applicant under this section; and (4) provides for making such reports, in such form and containing such information, as the Commissioner may require to carry out his functions under this title, and for keeping such records and for affording such access thereto as the Commissioner may find necessary to assure the correctness and verification of such reports.
Page 221 - In the performance of, and with respect to, the functions, powers, and duties...
Page 224 - Administrator shall publish a list of nationally recognized accrediting agencies or associations which he determines to be reliable authority as to the quality of training offered. (2) The term "academic year" means an academic year or its equivalent, as determined by the Administrator.
Page 229 - Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued...
Page 229 - ... is authorized to use as a public debt transaction the proceeds from the sale of any securities issued, under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of such notes and obligations.
Page 71 - Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligation of the Corporation.