Student Financial Assistance: Hearings, Ninety-third Congress, First[-second] SessionU.S. Government Printing Office, 1974 |
From inside the book
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Page 11
... 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 loans are those portions of each ...
... 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 loans are those portions of each ...
Page 12
... reasonably available to all eligible students in the institution in need thereof . Corrective action Two significant actions have been initiated which should enable the Office of Education to improve in the collection of delinquent ...
... reasonably available to all eligible students in the institution in need thereof . Corrective action Two significant actions have been initiated which should enable the Office of Education to improve in the collection of delinquent ...
Page 18
... reasonable question . Dr. PHILLIPS . Sure it is . Dr. SPEARMAN . I think I would like to approach it from two perspectives . One , we attempted to isolate the 150 institutions and examine the 150 institutions and be able to report to ...
... reasonable question . Dr. PHILLIPS . Sure it is . Dr. SPEARMAN . I think I would like to approach it from two perspectives . One , we attempted to isolate the 150 institutions and examine the 150 institutions and be able to report to ...
Page 29
... the country during the first week in May and we anticipated a reasonably simple and effective incorporation of these amendments into the program on the second of 36-045-74- -3 June . However , the impact in terms of program 29.
... the country during the first week in May and we anticipated a reasonably simple and effective incorporation of these amendments into the program on the second of 36-045-74- -3 June . However , the impact in terms of program 29.
Page 31
... reasonable to conclude that the borrower no longer intends to honor his obligation to repay and when this condition persists in the case of a loan re- payable in monthly installments for 120 days or in the case of a loan repayable in ...
... reasonable to conclude that the borrower no longer intends to honor his obligation to repay and when this condition persists in the case of a loan re- payable in monthly installments for 120 days or in the case of a loan repayable in ...
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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.