Student Financial Assistance: Hearings, Ninety-third Congress, First[-second] SessionU.S. Government Printing Office, 1974 |
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Page 3
... cancellation of loans , which are rather extensive and pose some major problems in the program ; provisions for repayment , which appear on page 7 of the written statement ; and finally provi- sions concerning the loyalty oath and ...
... cancellation of loans , which are rather extensive and pose some major problems in the program ; provisions for repayment , which appear on page 7 of the written statement ; and finally provi- sions concerning the loyalty oath and ...
Page 4
... cancellation of 15 percent per year for teaching in certain ele- mentary and secondary schools . This provision made it possible for cancellation of up to 100 percent of loans under certain conditions . In 1966 the act was amended ...
... cancellation of 15 percent per year for teaching in certain ele- mentary and secondary schools . This provision made it possible for cancellation of up to 100 percent of loans under certain conditions . In 1966 the act was amended ...
Page 8
... $ 50 million will be lost to the fund in 1974 , due to teacher cancellation alone . Until the 1972 amendments , institutions were reimbursed only for their portion of loan cancella- tion . On loans made after June 30 , 1972 8.
... $ 50 million will be lost to the fund in 1974 , due to teacher cancellation alone . Until the 1972 amendments , institutions were reimbursed only for their portion of loan cancella- tion . On loans made after June 30 , 1972 8.
Page 17
... cancellation and deferment pro- visions interact here in a way which simply causes leaks from the fund , and as we tried to point out , the collections problem is a very real one and one we feel has to be recognized , acknowledged 17.
... cancellation and deferment pro- visions interact here in a way which simply causes leaks from the fund , and as we tried to point out , the collections problem is a very real one and one we feel has to be recognized , acknowledged 17.
Page 18
... cancellation provisions are there , so the institutions themselves have difficulty . I suspect if we would look at a more recent study that has come out by the Educational Testing Service , on NDSL , and these results are tentative and ...
... cancellation provisions are there , so the institutions themselves have difficulty . I suspect if we would look at a more recent study that has come out by the Educational Testing Service , on NDSL , and these results are tentative and ...
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Common terms and phrases
amended application appropriate assistance assure authorized banks BRADEMAS cancellation capital Chairman commercial lenders Commissioner corporation credit risks default rate delinquency rate DELLENBACK dents direct student loan DROLET due diligence effect eligible eliminate enrollment ERLENBORN established Federal Government feel fiscal FISL graduate gram grant GREGG GSLP guaranteed loan guaranteed student loan higher education income increase indebtedness Insured Student Loan interest rate June 30 legislation lending institutions LIFSON loan funds loan insurance major ment million national direct student needs analysis O'HARA obligations Office of Education Ohio State University operation participation payment percent period PHILLIPS problem procedures proprietary schools pursuant recommendations reinsurance repayment Rodney Harrison Sallie Mae school lender Secretary special allowance student borrowers student financial aid student loan program subcommittee subsection subsidy suggested target team members tion TOMBAUGH trust trust instrument UNDERGRADUATE
Popular passages
Page 223 - 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 223 - 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 73 - ... to be redeemable at the option of the Corporation before maturity in such manner as may be stipulated in such obligations.
Page 226 - ... 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 218 - 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 223 - In the performance of, and with respect to, the functions, powers, and duties...
Page 226 - 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 231 - 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 231 - ... 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 73 - 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.