ERIC Number: ED323868
Record Type: RIE
Publication Date: 1990-Aug
Reference Count: N/A
Supplemental Student Loans. Legislative Changes Have Sharply Reduced Loan Volume. Fact Sheet for the Chairman, Committee on Labor and Human Resources, U.S. Senate.
General Accounting Office, Washington, DC. Div. of Human Resources.
The report provides information on the possible impact of revised eligibility requirements on the volume of supplemental loans for students (SLS). These are market-rate loans made to postsecondary students in addition to or in lieu of other financial aid, such as Stafford loans (formerly called guaranteed student loans) and Pell grants. The data presented compares SLS volume during the first 4 months of calendar years 1989 and 1990 from each of the nine guaranty agencies and from the New York State Higher Education Services Corporation. Specifically, the agencies provided information on loans guaranteed during this period. The 10 agencies are listed in Appendix I. The agencies also provided data on their monthly SLS volume to student borrowers attending proprietary (trade) schools and nonproprietary education institutions. (GLR)
Descriptors: Educational Finance, Educational Legislation, Eligibility, Federal Legislation, Federal Programs, Financial Aid Applicants, Higher Education, Interest (Finance), Paying for College, Postsecondary Education, Public Agencies, Student Loan Programs
U.S. General Accounting Office, P.O. Box 6015, Gaithersburg, MD 20877 (1-5 copies, free; additional copies $2.00 each; 25% discount on 100 or more to one address).
Publication Type: Reports - General; Numerical/Quantitative Data
Education Level: N/A
Audience: Administrators; Policymakers; Practitioners
Authoring Institution: General Accounting Office, Washington, DC. Div. of Human Resources.