Interest Rates on Subsidized Stafford Loans to Undergraduate Students

Interest Rates on Subsidized Stafford Loans to Undergraduate Students

Date: May 4, 2012
Creator: Smole, David P.
Description: Beginning July 1, 2012, Subsidized Stafford Loans will be available exclusively to undergraduate students. The federal government "subsidizes" these loans by relieving the borrower of the requirement to pay the interest that accrues while the borrower is in school and during other authorized periods. In the 112th Congress, proposals have been made to reduce the interest rate applicable to Subsidized Stafford Loans that will be made to undergraduate students during AY2012-2013 from 6.8% to 3.4%. Proposals include the Interest Rate Reduction Act and the Stop the Student Loan Interest Rate Hike Act of 2012. It is estimated that a reduction in the interest rate would benefit approximately 7.4 million students who are likely to borrow Subsidized Stafford Loans during the upcoming award year.
Contributing Partner: UNT Libraries Government Documents Department
The Campus-Based Financial Aid Programs: A Review and Analysis of the Allocation of Funds to Institutions and the Distribution of Aid to Students

The Campus-Based Financial Aid Programs: A Review and Analysis of the Allocation of Funds to Institutions and the Distribution of Aid to Students

Date: February 18, 2005
Creator: Smole, David P
Description: This report describes and analyzes (a) the process through which federal funds are allocated to institutions under the campus-based programs, (b) the potential for allocating all campus-based funding according to the existing need-based formulas, and (c) the current distribution of aid to students. It will be updated to track legislative proposals addressing the campus-based allocation procedures.
Contributing Partner: UNT Libraries Government Documents Department
Campus-Based Student Financial Aid Programs Under the Higher Education Act

Campus-Based Student Financial Aid Programs Under the Higher Education Act

Date: April 21, 2005
Creator: Smole, David P
Description: This report discusses the issues likely to be considered during reauthorization are whether the campus-based programs provide types of aid to students that are not or cannot be provided via other postsecondary aid programs, and whether the current formulas for allocating funds to institutions for the operation of these programs are optimal. Provisions specific to each program, such as requirements for community service under FWS and terms and conditions of Perkins Loans also may be considered.
Contributing Partner: UNT Libraries Government Documents Department
Federal Pell Grants: Implications of Increasing the Maximum Award

Federal Pell Grants: Implications of Increasing the Maximum Award

Date: May 17, 2005
Creator: Mercer, Charmaine
Description: None
Contributing Partner: UNT Libraries Government Documents Department