Student Financial Assistance: Hearings, Ninety-third Congress, First[-second] SessionU.S. Government Printing Office, 1974 |
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Page 5
... collection of loans from students after they leave school . It is estimated that as many as 6,000 institutions may be eligible to participate in the program . Institutions apply annually for an approved level of lending for the ...
... collection of loans from students after they leave school . It is estimated that as many as 6,000 institutions may be eligible to participate in the program . Institutions apply annually for an approved level of lending for the ...
Page 7
... collections generated from prior years are insufficient to meet the current needs . In fiscal year 1974 , for example , an estimated $ 150 million collected on prior loans will be part of an estimated total loan volume of $ 464,900,000 ...
... collections generated from prior years are insufficient to meet the current needs . In fiscal year 1974 , for example , an estimated $ 150 million collected on prior loans will be part of an estimated total loan volume of $ 464,900,000 ...
Page 8
... collections . This small number of institutions which is in a completely revolving status is probably attributable to the following factors : 1. the expansion of demand ; 2. the erosion of the fund ; and 3. the problem of defaults and ...
... collections . This small number of institutions which is in a completely revolving status is probably attributable to the following factors : 1. the expansion of demand ; 2. the erosion of the fund ; and 3. the problem of defaults and ...
Page 9
... collections Probably the most serious fund leakage stems from the potential default rate and I emphasize the word ... collected from the fiscal year 1973 fiscal - operations reports of 2,148 institutions participating in the national ...
... collections Probably the most serious fund leakage stems from the potential default rate and I emphasize the word ... collected from the fiscal year 1973 fiscal - operations reports of 2,148 institutions participating in the national ...
Page 11
... collected or canceled , it is reasonable to expect that a substantial portion of the $ 261 million outstanding will also eventually be collected . At this date , the only amounts which institutions can legally collect on delinquent ...
... collected or canceled , it is reasonable to expect that a substantial portion of the $ 261 million outstanding will also eventually be collected . At this date , the only amounts which institutions can legally collect on delinquent ...
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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.