Federal Family Education Loan Program: More Oversight Is Needed for Schools That Are Lenders
Description:
A letter report issued by the Government Accountability Office with an abstract that begins "In fiscal year 2004, lenders made about $65 billion in loans through the Federal Family Education Loan Program (FFELP) to assist students in paying for postsecondary education. The Higher Education Act (HEA), which authorizes FFELP, broadly defined eligible lenders--including schools. The Department of Education's (Education) Office of Federal Student Aid (FSA) is responsible for ensuring that lenders c…
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Date:
January 24, 2005
Creator:
United States. Government Accountability Office.
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department