ERIC Number: ED454770
Record Type: Non-Journal
Publication Date: 2001
Reference Count: N/A
Student Financial Aid Handbook, 2001-2002. Volume 8: Direct Loan and FFEL Programs.
Department of Education, Washington, DC. Student Financial Assistance.
This volume describes the institutional eligibility and administrative requirements for the William D. Ford Federal Direct Loan (Direct Loan) Program and the Federal Family Education Loan (FFEL) Program. The borrower's eligibility is the same under either program, but the procedures are different because funds for Direct Loans are provided directly to the school by the federal government, while loan funds under FFEL are usually provided by a private lender and are guaranteed by a state agency. Only minor changes were made to regulations related to these loan programs for 2001-2002, but they are included in this volume. The chapters are: (1) "Institutional Eligibility and Administrative Requirements for DL/FFEL"; (2) "Borrower Eligibility for DL/FFEL"; (3) "Determining the Loan Period"; (4) "Starting the Loan Process: The MPN & the School's Role"; (5) "Loan Counseling"; (6) "Payment to the Borrower"; and (7) "Following Up: After the Loan Is Made." (SLD)
Descriptors: Eligibility, Federal Aid, Financial Aid Applicants, Higher Education, Need Analysis (Student Financial Aid), Paying for College, Student Financial Aid, Student Loan Programs, Work Study Programs
ED Pubs, P.O. Box 1398, Jessup, MD 20794-1398. Tel: 877-433-7827 (Toll Free), Web site: http://www.ifap.ed.gov.
Publication Type: Guides - Non-Classroom
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: Department of Education, Washington, DC. Student Financial Assistance.
Identifiers - Laws, Policies, & Programs: Family Education Loan Program; Federal Direct Student Loan Program