Exit Counseling Guide for Federal Student Loan Borrowers

ERIC Educational Resources Information Center

Federal Student Aid, US Department of Education, 2010

2010-01-01

Student loans, unlike grants and work-study, are borrowed money that must be repaid, with interest, just like car loans and home mortgages. You cannot have these loans canceled because you didn't like the education you received, didn't get a job in your field of study or because you're having financial difficulty. Loans are legal obligations that…

Default Rate on Student Loans Falls for 2005 Fiscal Year

ERIC Educational Resources Information Center

Basken, Paul

2007-01-01

The rate at which borrowers default on their federally guaranteed student loans has declined to 4.6 percent, in part because of a record number of consolidations, the Education Department announced last week. "Borrowers took advantage of the opportunity to lock in record-low interest rates by consolidating their federal student loans," the…

3 CFR - Improving Repayment Options for Federal Student Loan Borrowers

Code of Federal Regulations, 2013 CFR

2013-01-01

... about $26,300. While a college education remains an excellent investment, this debt can be overly... allow income information to be seamlessly transmitted so that borrowers can complete the application at... Options for Federal Student Loan Borrowers Memorandum for the Secretary of Education [and] the Secretary...

77 FR 35241 - Improving Repayment Options for Federal Student Loan Borrowers

Federal Register 2010, 2011, 2012, 2013, 2014

2012-06-13

... about $26,300. While a college education remains an excellent investment, this debt can be overly... allow income information to be seamlessly transmitted so that borrowers can complete the application at... Repayment Options for Federal Student Loan Borrowers Memorandum for the Secretary of Education [and] the...

Associations Between Pharmacy Students' Attitudes Toward Debt, Stress, and Student Loans.

PubMed

Chisholm-Burns, Marie A; Spivey, Christina A; Jaeger, Melanie C; Williams, Jennifer

2017-09-01

Objective. To assess graduating pharmacy students' attitudes toward debt and determine associations with stress, student loan debt, financial need, current employment, post-graduation plans, and expected length of time to repay loans. Methods. Survey was conducted using an attitudes-toward-debt scale (sub-scales: tolerant attitudes toward debt; contemplation and knowledge about loans; fear of debt), Perceived Stress Scale, and questions concerning current employment, estimated total student loan debt, post-graduation plans, and expected length of time to repay loans. Federal loan data were collected using financial aid records. Independent samples t -test, ANOVA, and Pearson's r correlations were conducted. Results. There were 147 students (96.7%) who participated. The majority were female (59.2%), white (69.4%), and had federal student loans (90.5%). Mean total loan amount was $153,276 (SD $59,810), which included federal students loans accumulated before and during pharmacy school. No significant differences were noted on attitudes toward debt or stress based on whether respondents had federal student loans. Greater "fear of debt" was correlated with increased stress, estimated total student loan debt, total federal loan debt, and pharmacy school loan debt. Greater "contemplation and knowledge about loans" was correlated with lower estimated total student loan debt, total federal loan amount, and pharmacy school loan amount. Students with higher "contemplation and knowledge" scores expected to repay loans within a shorter time frame than students with lower scores. Conclusion. Increased fear of debt was related to greater perceived stress and higher student loan amounts borrowed, while increased contemplation and knowledge about loans was associated with lower amounts borrowed. Educational programming concerning loans, debt, and personal financial management may help reduce stress and amount borrowed.

Associations Between Pharmacy Students’ Attitudes Toward Debt, Stress, and Student Loans

PubMed Central

Spivey, Christina A.; Jaeger, Melanie C.; Williams, Jennifer

2017-01-01

Objective. To assess graduating pharmacy students’ attitudes toward debt and determine associations with stress, student loan debt, financial need, current employment, post-graduation plans, and expected length of time to repay loans. Methods. Survey was conducted using an attitudes-toward-debt scale (sub-scales: tolerant attitudes toward debt; contemplation and knowledge about loans; fear of debt), Perceived Stress Scale, and questions concerning current employment, estimated total student loan debt, post-graduation plans, and expected length of time to repay loans. Federal loan data were collected using financial aid records. Independent samples t-test, ANOVA, and Pearson’s r correlations were conducted. Results. There were 147 students (96.7%) who participated. The majority were female (59.2%), white (69.4%), and had federal student loans (90.5%). Mean total loan amount was $153,276 (SD $59,810), which included federal students loans accumulated before and during pharmacy school. No significant differences were noted on attitudes toward debt or stress based on whether respondents had federal student loans. Greater “fear of debt” was correlated with increased stress, estimated total student loan debt, total federal loan debt, and pharmacy school loan debt. Greater “contemplation and knowledge about loans” was correlated with lower estimated total student loan debt, total federal loan amount, and pharmacy school loan amount. Students with higher “contemplation and knowledge” scores expected to repay loans within a shorter time frame than students with lower scores. Conclusion. Increased fear of debt was related to greater perceived stress and higher student loan amounts borrowed, while increased contemplation and knowledge about loans was associated with lower amounts borrowed. Educational programming concerning loans, debt, and personal financial management may help reduce stress and amount borrowed. PMID:29109558

34 CFR 674.32 - Special terms: loans to less than half-time student borrowers.

Code of Federal Regulations, 2011 CFR

2011-07-01

... 34 Education 3 2011-07-01 2011-07-01 false Special terms: loans to less than half-time student borrowers. 674.32 Section 674.32 Education Regulations of the Offices of the Department of Education (Continued) OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION FEDERAL PERKINS LOAN PROGRAM Terms of...

34 CFR 674.32 - Special terms: loans to less than half-time student borrowers.

Code of Federal Regulations, 2010 CFR

2010-07-01

... 34 Education 3 2010-07-01 2010-07-01 false Special terms: loans to less than half-time student borrowers. 674.32 Section 674.32 Education Regulations of the Offices of the Department of Education (Continued) OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION FEDERAL PERKINS LOAN PROGRAM Terms of...

The Effects of Higher Loan Limits and Need Analysis Changes on FFELP Borrowing in Pennsylvania, July to December 1992 to 1993.

ERIC Educational Resources Information Center

Redd, Kenneth E.

This study examined the effects of the Higher Education Amendments of 1992 on Federal Family Education Loan Program (FFELP) borrowing in Pennsylvania during the July-to-December periods of 1992 to 1993. The Amendments increased the annual borrowing limits for the Federal Stafford loans and Federal Supplemental Loans for Students (SLS), eliminated…

Guaranteed Student Loans: Analysis of Insurance Premiums Charged by Guaranty Agencies. Briefing Report to the Chairman, Subcommittee on Postsecondary Education, Committee on Education and Labor, House of Representatives.

ERIC Educational Resources Information Center

Comptroller General of the U.S., Washington, DC.

The insurance premium rates that guaranty agencies charge student borrowers under the Guaranteed Student Loan program were analyzed by the U.S. General Accounting Office. The Higher Education Amendments of 1986 established a maximum rate (3% of the principal loan amount) that all agencies could charge student borrowers. Comparisons were made of…

Factors influencing students' borrowing that may affect their specialty choices and other after-graduation behaviors.

PubMed

Cooter, R; Bross, T M; Erdmann, J B

1998-01-01

To assess the factors that influence medical students' borrowing and how these factors may affect access to the profession, specialty choice, and medical graduates' repayment behaviors. The borrowing patterns of the 3,495 indebted students enrolled at Jefferson Medical College of Thomas Jefferson University between 1989-90 and 1994-95 were analyzed. (Debt included both subsidized and unsubsidized debt.) These borrowing patterns were assessed in relation to changes in the cost of education, family (i.e., parents') income, availability of grant funding, legislative changes to loan-eligibility criteria (specifically, the Higher Education Amendments of 1992), and average interest rates on federal unsubsidized loans. The annual changes in average debt levels suggest that while cost of education, family resources, and availability of grant funding may be significant factors, changes in loan eligibility and prevailing interest rates on unsubsidized loan source also influence medical students' borrowing. A comparison of the borrowing patterns for three income groups (low, middle, high) further demonstrated that while overall fluctuations for low-income group mirrored changes in the cost and resource variables, annual borrowing fluctuations for the middle- and high-income groups were more reflective of the expansion of loan eligibility and reduced interest rates on unsubsidized loans. From 1989-90 to 1994-95 the average cost of education increased by $2,368. Average unsubsidized debt increased by $1,544 for the low-income group, $3,960 for the middle-income group, and $4,439 for the high-income group. The percentage of unsubsidized funding included in the borrowers' financing packages increased by just under 6% for the low-income group but almost 10% and 11% for the middle- and high-income groups, respectively. The results suggest that medical students borrow for a variety of reasons, ranging from financial need to personal financing or lifestyle choices. These reasons should be considered in relation to institutional and governmental financial aid policies and future research on the relationship between debt and speciality choice.

The Smart Approach to Student Loans and Consumer Debt.

ERIC Educational Resources Information Center

Missouri State Dept. of Higher Education, Jefferson City.

This brochure contains information about student loans for college applicants and students in Missouri. It is a resource to assist borrowers in making smart repayment decisions and in understanding the options to avoid delinquency and default. Things to consider before one borrows, how to increase one's resources, and how to decrease one's…

What Are Student Loan Borrowers Thinking? Insights from Focus Groups on College Selection and Student Loan Decision Making

ERIC Educational Resources Information Center

Johnson, Carrie L.; O'Neill, Barbara; Worthy, Sheri Lokken; Lown, Jean M.; Bowen, Cathy F.

2016-01-01

This study used data from online focus groups collected from November 2014 to April 2015 to understand college students' decision-making processes when borrowing money to finance their education. Data were collected using an online course management system. Results suggest that (a) students relied heavily on advice from parents, guidance…

States of Denial: Where Community College Students Lack Access to Federal Student Loans

ERIC Educational Resources Information Center

Cochrane, Debbie; Szabo-Kubitz, Laura

2016-01-01

Every year, millions of college students borrow money to help bridge the gap between college costs and available income, savings, and grants. Experts agree that, for those who need to borrow to pay for college, federal student loans are the safest and most affordable option. Unfortunately, some colleges choose not to participate in the federal…

Federal Student Loan Programs

ERIC Educational Resources Information Center

Federal Student Aid, US Department of Education, 2014

2014-01-01

For those needing a loan to attend college, think federal aid first. Federal student loans usually offer borrowers lower interest rates and have more flexible repayment terms and options than private student loans. This brief report answers the following questions about federal aid: (1) What is a federal student loan?; (2) What is a private…

Guaranteed Student Loans: Credit Bureau Reporting Practices by Guaranty Agencies and Lenders. Briefing Report to the Chairman, Subcommittee on Education, Arts, and the Humanities, Committee on Labor and Human Resources, U.S. Senate.

ERIC Educational Resources Information Center

General Accounting Office, Washington, DC. Div. of Human Resources.

Provisions in the Higher Education Amendments of 1986 (Public Law 99-498), which require guaranty agencies and lenders to report information on Stafford student loan program borrowers to credit bureaus, are examined. The purpose of these provisions is to promote greater borrower responsibility and repayment of student loans. The report addresses…

Who Defaults on Their Student Loan?

ERIC Educational Resources Information Center

Lee, John B.

1990-01-01

Introduces a risk index that provides a way to understand the human dimension of student loan defaults. It correlates with default and the type of school attended and relates to the amount borrowed and help received from others during repayment. Students with high risk scores borrow smaller amounts and are less likely to be helped by others. (JOW)

Student Loans: The Empirical Record.

ERIC Educational Resources Information Center

Finnie, Ross

2001-01-01

Presents results of an empirical investigation of Canadian student loans for four recent cohorts of graduates. Data include proportion of students graduating with loans and average amounts borrowed, loan burden measured by debt-to-earning ratios, repayment rates following graduation, and number of graduates reporting loan difficulties. Results are…

The Burden of Borrowing: A Report on the Rising Rates of Student Loan Debt. The State PIRGs' Higher Education Project.

ERIC Educational Resources Information Center

King, Tracey; Bannon, Ellynne

Data from the National Postsecondary Student Aid Study (NPSAS) (National Center for Education Statistics) show that the majority of students are turning to loans to finance college, and debt levels are escalating. Thirty-nine percent of student borrowers now graduate with unmanageable levels of debt, meaning that their monthly payments are more…

Student Borrowing in the 1990s. ACE Issue Brief.

ERIC Educational Resources Information Center

American Council on Education, Washington, DC. Center for Policy Analysis.

This brief discusses student borrowing to pay for college in the 1990s. Between 1990 and 2000, student loan volume more than doubled in real terms from $16.4 billion to $37.5 billion, and the number of loans made annually also more than doubled, from 4.5 million to 9.4 million. Data, primarily from the National Postsecondary Student Aid Study,…

Exercising Their Privilege to Borrow: A Demonstrated Understanding of the Obligation of Student Loans in A Community College

ERIC Educational Resources Information Center

Meyer-Barrett, Joan M.

2017-01-01

The costs associated with attending a community college have increased over the years, not unlike most sectors within higher education (Mitchell & Leachman, 2015). As such, community college students often find borrowing student loans a necessity in order to seek the academic credential they intend (McKinney & Backscheider Burridge, 2015).…

Still Denied: How Community Colleges Shortchange Students by Not Offering Federal Loans. Issue Brief

ERIC Educational Resources Information Center

Cochrane, Debbie; Szabo-Kubitz, Laura

2011-01-01

Each year, millions of college students borrow money to help bridge the gap between college costs and available income, savings, and grants. Experts all agree that, for those who need to borrow to pay for college, federal student loans are the safest and most affordable option. Unfortunately, some colleges choose not to participate in the federal…

Student Loans Driving You Crazy? A Borrower's Guide to Direct Consolidation Loans.

ERIC Educational Resources Information Center

Office of Federal Student Aid (ED), Washington, DC.

This booklet describes the Direct Consolidation Loan program students can use to combine one or more student loans into a new loan. Things to consider before seeking a consolidation loan are outlined. Direct consolidation loans offer a number of advantages; they are free, result in one lender and one monthly payment, and offer flexible repayment…

12 CFR 701.23 - Purchase, sale, and pledge of eligible obligations.

Code of Federal Regulations, 2013 CFR

2013-01-01

... group of loans. (2) Student loan means a loan granted to finance the borrower's attendance at an... a liquidating credit union's individual members, from the liquidating credit union; (iii) Student loans, from any source, if the purchaser is granting student loans on an ongoing basis and if the...

The Fiscal and Social Costs of Consolidating Student Loans at Fixed Interest Rates. Working Paper No. 104

ERIC Educational Resources Information Center

Hassett, Kevin A.; Shapiro, Robert J.

2004-01-01

The federal government's student loan programs have been very successful, with two-thirds of all students or their families relying on loans provided or subsidized by the federal government. One of these student loan programs allows student borrowers to consolidate their previous loans into a single loan at a subsidized fixed rate based on the…

Reforming Ontario's University Student Loans and Fee Structures. Discussion Series, Issue 1.

ERIC Educational Resources Information Center

West, Edwin G.

The Ontario Student Loan Program has experienced problems with default on student loans, as have loan systems in other countries where governments rely mainly on banks and special departments of quasi-public institutions to monitor or police the borrowers. This report discusses the need for radical modifications of the student loan program to…

Valuing the Student Loan Consolidation Option. Congressional Budget Office Background Paper

ERIC Educational Resources Information Center

Weinberg, Steven

2006-01-01

Federal student loans include a complex consolidation option that gives borrowers the opportunity to combine several loans into a single loan with a longer term to maturity and, for loans originated before July 2006, to convert from a variable- to a fixed-rate loan. The consolidation option adds substantial costs to the federal student loan…

Public Service Loan Forgiveness. NASFAA Task Force Report

ERIC Educational Resources Information Center

National Association of Student Financial Aid Administrators, 2014

2014-01-01

The Public Service Loan Forgiveness (PSLF) program was established in 2007 to encourage student borrowers to work in the public sector. Qualifying borrowers may have their Direct Loans forgiven after 10 years of full-time service in an eligible job. Currently, qualifying employers include federal, state, or local government agencies and tax-exempt…

At What Cost? How Community Colleges That Do Not Offer Federal Loans Put Students at Risk. Issue Brief

ERIC Educational Resources Information Center

Cochrane, Debbie; Szabo-Kubitz, Laura

2014-01-01

Each year, millions of college students borrow money to help bridge the gap between college costs and available income, savings, and grants. Experts all agree that, for those who need to borrow to pay for college, federal student loans are the safest and most affordable option. Unfortunately, some colleges choose not to participate in the federal…

Community College Students' Assessments of the Costs and Benefits of Borrowing to Finance Higher Education

ERIC Educational Resources Information Center

McKinney, Lyle; Mukherjee, Moumita; Wade, Jerrel; Shefman, Pamelyn; Breed, Rachel

2015-01-01

Objective: The purpose of this study was to understand how community college students assess the risks and rewards of using personal loans to achieve their higher education goals. Method: Interviews were conducted with 12 federal loan borrowers attending a large, urban community college in Texas during the Spring 2013 semester. Results: Findings…

Borrowers' Uncertainty Has Colleges in Quandary

ERIC Educational Resources Information Center

Gose, Ben

2008-01-01

The crunch in the student-loan market, a weak U.S. economy, and declining home values are all conspiring to make this an unpredictable year for college enrollment. Some middle-income families have found it cheaper in recent years to borrow against their home equity to help pay for college, rather than take out private student loans. However, this…

Strengthening the Federal Student Loan Program for Borrowers. Hearing of the Committee on Health, Education, Labor, and Pensions, United States Senate, One Hundred Thirteenth Congress, Second Session on Examining Strengthening the Federal Student Loan Program for Borrowers (March 27, 2014). Senate Hearing 113-829

ERIC Educational Resources Information Center

US Senate, 2016

2016-01-01

This hearing represents the eighth in the series of Committee on Health, Education, Labor, and Pensions' hearings preparing to reauthorize the Higher Education Act. The primary focus of this hearing is strengthening Federal loan programs to ensure they are working well for students and families. Statements from the following committee members are…

The Influence of Students' Loans Borrowers' Characteristics on Default Rate in Tanzania

ERIC Educational Resources Information Center

Nyahende, Veronica R.

2013-01-01

The cost of students' loans defaulting has lead to a serious discussion among participants. Substantial attention has been made on the students' loans and its impact on higher education finances while researches on students' loans defaults have not been taken for more than a decade. Therefore this study examines the influence of student loans…

42 CFR 60.7 - The loan application process.

Code of Federal Regulations, 2012 CFR

2012-10-01

... ASSISTANCE LOAN PROGRAM The Borrower § 60.7 The loan application process. (a)(1)(i) A student seeking a HEAL... accurately. (2) The student applicant must be informed of the Federal debt collection policies and procedures... student receiving the loan. The applicant must sign a certification statement attesting that the applicant...

42 CFR 60.7 - The loan application process.

Code of Federal Regulations, 2010 CFR

2010-10-01

... ASSISTANCE LOAN PROGRAM The Borrower § 60.7 The loan application process. (a)(1)(i) A student seeking a HEAL... accurately. (2) The student applicant must be informed of the Federal debt collection policies and procedures... student receiving the loan. The applicant must sign a certification statement attesting that the applicant...

42 CFR 60.7 - The loan application process.

Code of Federal Regulations, 2014 CFR

2014-10-01

... ASSISTANCE LOAN PROGRAM The Borrower § 60.7 The loan application process. (a)(1)(i) A student seeking a HEAL... accurately. (2) The student applicant must be informed of the Federal debt collection policies and procedures... student receiving the loan. The applicant must sign a certification statement attesting that the applicant...

42 CFR 60.7 - The loan application process.

Code of Federal Regulations, 2013 CFR

2013-10-01

... ASSISTANCE LOAN PROGRAM The Borrower § 60.7 The loan application process. (a)(1)(i) A student seeking a HEAL... accurately. (2) The student applicant must be informed of the Federal debt collection policies and procedures... student receiving the loan. The applicant must sign a certification statement attesting that the applicant...

42 CFR 60.7 - The loan application process.

Code of Federal Regulations, 2011 CFR

2011-10-01

... ASSISTANCE LOAN PROGRAM The Borrower § 60.7 The loan application process. (a)(1)(i) A student seeking a HEAL... accurately. (2) The student applicant must be informed of the Federal debt collection policies and procedures... student receiving the loan. The applicant must sign a certification statement attesting that the applicant...

Repaying Your Student Loans, 2003-2004. [Braille Version].

ERIC Educational Resources Information Center

Office of Federal Student Aid (ED), Washington, DC.

This Braille publication explores available options on federal student loans so that borrowers can avoid repayment problems and manage and repay their debts. The guide contains information on repayment plans for Perkins loans, Direct Loans, and Federal Family Education Loans. The repayment options discussed include consolidation, deferment, and…

34 CFR 674.12 - Loan maximums.

Code of Federal Regulations, 2011 CFR

2011-07-01

..., DEPARTMENT OF EDUCATION FEDERAL PERKINS LOAN PROGRAM General Provisions § 674.12 Loan maximums. (a) The maximum annual amount of Federal Perkins Loans and NDSLs an eligible student may borrow is— (1) $5,500 for... professional student. (b) The aggregate unpaid principal amount of all Federal Perkins Loans and NDSLs received...

77 FR 47374 - Notice of Proposed Information Collection Requests; Federal Student Aid; William D. Ford Federal...

Federal Register 2010, 2011, 2012, 2013, 2014

2012-08-08

... which borrowers in the William D. Ford Federal Direct Loan (Direct Loan) and Federal Family Education... DEPARTMENT OF EDUCATION Notice of Proposed Information Collection Requests; Federal Student Aid; William D. Ford Federal Direct Loan (Direct Loan) Program/ Federal Family Loan (FFEL) Program: Deferment...

34 CFR 685.215 - Discharge for false certification of student eligibility or unauthorized payment.

Code of Federal Regulations, 2014 CFR

2014-07-01

... accordance with the provisions of this section if a school falsely certifies the eligibility of the borrower... student's eligibility to borrow to have been falsely certified by the school if the school— (i) Certified... the school, without the borrower's authorization, endorsed the borrower's loan check or signed the...

Study of the Insurance Premium Charged to Borrowers under the Guaranteed Student Loan Program. Report No. 3.

ERIC Educational Resources Information Center

Touche Ross and Co., Washington, DC.

Insurance premiums being charged to borrowers under the Guaranteed Student Loan (GSL) program were studied to determine if the rate exceeded the rate necessary to protect the reserves of the insurer. Attention was directed to whether historical changes in the GSL program have affected insurance premiums. Guaranty agency's sources and uses of funds…

Do Lower Lender Subsidies Reduce Guaranteed Student Loan Supply?

ERIC Educational Resources Information Center

Austin, D. Andrew

2010-01-01

The article analyzes effects of borrower interest rates and student lender subsidies on federally guaranteed student loan volumes from 1988 to 1994 and from 1996 to 2006. Some have argued that lender subsidy cuts would reduce loan supply or cause lenders to exit the student loan market. If lenders get economic rents due to overly generous…

Sick of our loans: Student borrowing and the mental health of young adults in the United States.

PubMed

Walsemann, Katrina M; Gee, Gilbert C; Gentile, Danielle

2015-01-01

Student loans are increasingly important and commonplace, especially among recent cohorts of young adults in the United States. These loans facilitate the acquisition of human capital in the form of education, but may also lead to stress and worries related to repayment. This study investigated two questions: 1) what is the association between the cumulative amount of student loans borrowed over the course of schooling and psychological functioning when individuals are 25-31 years old; and 2) what is the association between annual student loan borrowing and psychological functioning among currently enrolled college students? We also examined whether these relationships varied by parental wealth, college enrollment history (e.g. 2-year versus 4-year college), and educational attainment (for cumulative student loans only). We analyzed data from the National Longitudinal Survey of Youth 1997 (NLSY97), a nationally representative sample of young adults in the United States. Analyses employed multivariate linear regression and within-person fixed-effects models. Student loans were associated with poorer psychological functioning, adjusting for covariates, in both the multivariate linear regression and the within-person fixed effects models. This association varied by level of parental wealth in the multivariate linear regression models only, and did not vary by college enrollment history or educational attainment. The present findings raise novel questions for further research regarding student loan debt and the possible spillover effects on other life circumstances, such as occupational trajectories and health inequities. The study of student loans is even more timely and significant given the ongoing rise in the costs of higher education. Copyright © 2014 Elsevier Ltd. All rights reserved.

Student Consolidation Loans: Potential Effects of Making Fiscal Year 2006 Consolidation Loans Exclusively through the Direct Loan Program. Report to the Ranking Minority Member, Committee on Education and the Workforce, House of Representatives. GAO-06-195

ERIC Educational Resources Information Center

Ashby, Cornelia M.

2005-01-01

Under the Federal Family Education Loan Program (FFELP) and the Federal Direct Loan Program (FDLP), the government guarantees and makes consolidation loans to help borrowers manage their student loan debt. By combining loans into one and extending repayment, monthly repayments are reduced. Unlike other student loans, consolidation loans carry a…

Subsidy Estimates for Guaranteed and Direct Student Loans. A CBO Paper

ERIC Educational Resources Information Center

Humphrey, Justin

2005-01-01

The federal government assists students and their parents in meeting the costs of postsecondary education through two student loan programs, the Federal Family Education Loan Program and the William D. Ford Direct Loan Program. Although the two programs provide similar benefits to borrowers, their structures and operations differ greatly. As a…

Income-Contingent Student Loan Repayment Systems Outside the U.S.

ERIC Educational Resources Information Center

National Association of Student Financial Aid Administrators, 2014

2014-01-01

There is remarkable diversity in student loan systems throughout the world. In considering the ideal approach to system of loan repayment based on income here in the United States, it is valuable to examine the nature, successes, and failures of some other countries' methods of offering borrowers income-contingent student loan repayment. Two…

Graduating into Debt: The Burdens of Borrowing for Graduate & Professional Students.

ERIC Educational Resources Information Center

Education Resources Inst., Boston, MA.

A study of the debt levels of graduate and professional students is reported in narrative, data tables, and graphs. Highlights include: total annual borrowing through federal loan programs has accelerated dramatically, with more than a million graduate and professional students now borrowing nearly $8 billion per year; graduate and professional…

Student Loan Programs. As Federal Costs of Loan Consolidation Rise, Other Options Should be Examined. Report to Congressional Requesters.

ERIC Educational Resources Information Center

General Accounting Office, Washington, DC.

In this report GAO recommends that the Secretary of Education assess the advantages of consolidation loans for borrowers and the government in light of program costs and identify options for reducing federal costs. Options could include targeting the program to borrowers at risk of default and extending existing consolidation alternatives to more…

Big Loans, Bigger Problems: A Report on the Sticker Shock of Student Loans.

ERIC Educational Resources Information Center

King, Tracey; Frishberg, Ivan

Students frequently experience "sticker shock" when at graduation they find their college debt is much larger than they planned or expected. If they do not understand loan repayment and loan costs, they may borrow more than they can afford and experience difficulty in paying their loans. This study explored debt from the students' perspective to…

Affordable at Last: A New Student Loan System. Education Sector Reports

ERIC Educational Resources Information Center

Dillon, Erin

2011-01-01

Student loan debt is fast becoming a fact of American life. Students are borrowing more money for college and are being forced to pay back large sums of their income. This report offers a new way to pay back student loans based on each individual's earnings. International Income-Contingent Loan Systems are appended. (Contains 1 figure and 40…

Two Studies Assessing the Effectiveness of Early Intervention on the Default Behavior of Student Loan Borrowers

ERIC Educational Resources Information Center

Seifert, Charles F.; Wordern, Lorenz

2004-01-01

The cost of student loan defaults is a growing problem. At the beginning of this century, defaulted student loans exceed $25 billion (Student Aid News, 2001). In addition to the costs borne by the taxpayer as the federal government purchases defaulted accounts, there are costs incurred by schools, lenders, loan servicers, and guaranty agencies for…

Consolidated Student Loans. Borrowers Benefit but Costs to Them and the Government Grow. Report to Congressional Requesters.

ERIC Educational Resources Information Center

General Accounting Office, Washington, DC. Div. of Human Resources.

In response to the requirements of the Higher Education Amendments of 1986, this report addresses the impact of the two-year-old Student Loan Consolidation Program. Principle findings of the investigation concern the higher interst costs to the borrower that are brought about by longer payment plans and the fact that the government's subsidy costs…

Student Loans Repayment and Recovery: International Comparisons

ERIC Educational Resources Information Center

Shen, Hua; Ziderman, Adrian

2009-01-01

Student loans schemes are in operation in more than seventy countries around the world. Most loans schemes benefit from sizeable built-in government subsidies and, in addition, are subject to repayment default and administrative costs that are not passed on to student borrowers. We probe two issues in this paper, for 44 loans schemes in 39…

Post-Baccalaureate Enrollment Patterns: Exploring the Relationship between Undergraduate Student Loan Borrowing Level and Timing of Initial Entry to Master's Degree or First Professional Degree Programs

ERIC Educational Resources Information Center

Maliwesky, Martin J.

2012-01-01

This study was undertaken to (a) expand scholarship on the impact of undergraduate student loan borrowing level on the timing of initial entry to master's degree or first professional degree programs, and (b) to assist higher education policy makers and practitioners in serving the needs of students as they progress through the various stages…

Non-Borrowing Students' Perceptions of Student Loans and Strategies of Paying for College

ERIC Educational Resources Information Center

Xue, Mo; Chao, Xia

2015-01-01

With the notable shift from grants to loans over the past several decades, many researchers have argued the positive impact of financial aid on student college choice, enrollment, and persistence. However, literature indicates that students from economically disadvantaged backgrounds are less likely to take loans to finance postsecondary education…

Automatic for the Borrower: How Repayment Based on Income Can Reduce Loan Defaults and Manage Risk

ERIC Educational Resources Information Center

Baum, Sandy; Carew, Diana; Fraire, Jacob; Jacks, Kay; James, Kevin; Madzelan, Daniel; Miller, Scott E.; Simmons, Barry; Thompson, Jessica

2014-01-01

When borrowers default on a federal student loan, it can have catastrophic consequences. Their credit scores drop dramatically, severely curtailing their ability to afford a home or a car, and even limiting their ability to sign up for utilities. The cost of their loan rises as late fees pile up. Moreover, the federal government can garnish…

An Empirical Analysis of Borrowing Behaviour of Higher Education Students in the Netherlands

ERIC Educational Resources Information Center

Oosterbeek, Hessel; van den Broek, Anja

2009-01-01

Many higher education students combine their study with a job on the side instead of taking up a loan. This paper examines the factors underlying this apparently myopic behaviour. We find that standard economic factors explain observed borrowing decisions to some extent. Students with easier access to financial resources borrow less often.…

34 CFR 668.42 - Financial assistance information.

Code of Federal Regulations, 2011 CFR

2011-07-01

... Loan Program, the William D. Ford Federal Direct Student Loan Program, and the Federal Perkins Loan... institution provides and collects as required by 34 CFR 674.42 for borrowers under the Federal Perkins Loan...

Persistence Rates in Texas Colleges: Comparing College Access and Texas B-on-Time Loans

ERIC Educational Resources Information Center

Walker, Kimberly DeVette

2012-01-01

Student persistence in college education is a concern of policy makers and higher education administrators (College Board, 2010). Funding such as private student loans can contribute to financing a student's college degree. Many students are unable to attend college without borrowing private student loans. The purpose of this quantitative ex post…

78 FR 59011 - Annual Notice of Interest Rates of Federal Student Loans Made Under the William D. Ford Federal...

Federal Register 2010, 2011, 2012, 2013, 2014

2013-09-25

... DEPARTMENT OF EDUCATION Annual Notice of Interest Rates of Federal Student Loans Made Under the... Aid announces the interest rates for loans made under the William D. Ford Federal Direct Loan (Direct...(b)), provides formulas for determining the interest rates charged to borrowers for loans made under...

Fewer Resources, More Debt: Loan Debt Burdens Students at Historically Black Colleges and Universities

ERIC Educational Resources Information Center

Saunders, Katherine M.; Williams, Krystal L.; Smith, Cheryl L.

2016-01-01

Student loans have become an increasingly important way for students and their families to pay for college, but for students at historically black colleges and universities (HBCUs), student loan debt is a substantial burden. Students who attend these institutions--many of whom are low-income and first-generation--must borrow at higher rates and,…

78 FR 53431 - Annual Notice of Interest Rates of Federal Student Loans Made Under the William D. Ford Federal...

Federal Register 2010, 2011, 2012, 2013, 2014

2013-08-29

... Notice of Interest Rates of Federal Student Loans Made Under the William D. Ford Federal Direct Loan... Operating Officer for Federal Student Aid announces the interest rates for the period July 1, 2013, through...(b)), provides formulas for determining the interest rates charged to borrowers for loans made under...

The Guaranteed Student Loan Program. Access to Loans in Michigan 1971-72 to 1974-75. Michigan Business Reports Number 63.

ERIC Educational Resources Information Center

Cross, Cynthia Sahagian

A study of loan availability in Michigan through the federal Guaranteed Student Loan Program outlines the evolution of federal lending programs for college students and describes program characteristics, funds, costs, defaults, and funding systems. The situation for borrowers and lenders in the state and its regions is examined, including…

Protecting Colleges and Students: Community College Strategies to Prevent Default

ERIC Educational Resources Information Center

McKibben, Bryce; La Rocque, Matthew; Cochrane, Debbie

2014-01-01

Student loan default, defined as federal loan borrowers' failure to make any payments for at least 270 days, is an issue of increasing importance to community colleges and their students. This report takes a unique look at student loan default at nine community colleges across the nation, and how those colleges are working to help students avoid…

The Cost of Access: Racial Disparities in Student Loan Burdens of Young Adults

ERIC Educational Resources Information Center

Kim, Jinhee; Chatterjee, Swarn; Young, J.; Moon, U. J.

2017-01-01

Student loans have become a social-financial issue in the United States. This study uses a nationally representative dataset to examine the association between financial socialization and student loan borrowing behavior of individuals after controlling a number of different socio-demographic factors. Results show that the financial burdens of…

Student Loan Programs: Lower Interest Rates and Higher Loan Volume Have Increased Federal Consolidation Loan Costs. Testimony before the Committee on Education and the Workforce, House of Representatives. GAO-04-568T

ERIC Educational Resources Information Center

US General Accounting Office, 2004

2004-01-01

This statement focuses on issues related to consolidation loans and their cost implications for taxpayers and borrowers. Consolidation loans, available under the Department of Education?s (Education's) two major student loan programs?the Federal Family Education Loan Program (FFELP) and the William D. Ford Direct Loan Program (FDLP)?help borrowers…

34 CFR 682.510 - Determination of the borrower's death, total and permanent disability, or bankruptcy.

Code of Federal Regulations, 2010 CFR

2010-07-01

... 34 Education 3 2010-07-01 2010-07-01 false Determination of the borrower's death, total and permanent disability, or bankruptcy. 682.510 Section 682.510 Education Regulations of the Offices of the... EDUCATION LOAN (FFEL) PROGRAM Federal Guaranteed Student Loan Programs § 682.510 Determination of the...

Informed or Overwhelmed? A Legislative History of Student Loan Counseling with a Literature Review on the Efficacy of Loan Counseling. Research Report

ERIC Educational Resources Information Center

Klepfer, Kasey

2015-01-01

This report (the first in a series of five) explores congressional efforts to mitigate that risk and encourage informed borrowing by enacting statutes related to student loan counseling. After introducing the relevant contemporary policy context, it examines how federal rules governing student loan counseling evolved over time to embrace online…

Direct Student Loans: Additional Steps Would Increase Borrowers' Awareness of Electronic Debiting and Reduce Federal Administrative Costs. Report to the Honorable James M. Jeffords, U.S. Senate.

ERIC Educational Resources Information Center

Ashby, Cornelia M.

In November 1999, the U.S. Department of Education began offering a 0.25% interest rate reduction to borrowers under the Direct Loan program who agree to have their monthly loan payments automatically withdrawn from a bank account through its electronic debit account (EDA) program. The Department of Education submitted a justification to the…

Drowning in Debt: The Emerging Student Loan Crisis. Charts You Can Trust

ERIC Educational Resources Information Center

Dillon, Erin; Carey, Kevin

2009-01-01

The authors find that college students are borrowing more and taking on riskier forms of debt than ever before. If tuition increases continue to grow faster than inflation and family income and grant aid fails to keep pace, the authors project that more students will be left with few choices beyond student loans--and, increasingly, private loans.…

A Predictive Model of Student Loan Default at a Two-Year Community College

ERIC Educational Resources Information Center

Brown, Chanda Denea

2015-01-01

This study explored whether a predictive model of student loan default could be developed with data from an institution's three-year cohort default rate report. The study used borrower data provided by a large two-year community college. Independent variables under investigation included total undergraduate Stafford student loan debt, total number…

Recommendations for Reducing the Default Rate in the Guaranteed Student Loan Program.

ERIC Educational Resources Information Center

Meznek, James; Wilson, Al

A series of recommendations is presented for reducing default rates in the Guaranteed Student Loan (GSL) program. First, a summary is provided of trends toward the increasing dependence of students on loans to finance their college education and the large and growing default rate among borrowers. Next, four issues are discussed: Should lenders…

The Selling of Student Loans

ERIC Educational Resources Information Center

Field, Kelly

2007-01-01

Twenty years ago, a U.S. Senate aide walked into a bank in Maine and saw a sign that read "Take out a student loan today, get a toaster." The aide, concerned that students would be tempted to take out loans they did not need, drafted legislation barring lenders from offering "inducements" to borrow. That language was added to the Higher Education…

42 CFR 60.5 - Who is an eligible student borrower?

Code of Federal Regulations, 2010 CFR

2010-10-01

... EDUCATION ASSISTANCE LOAN PROGRAM The Borrower § 60.5 Who is an eligible student borrower? To receive a HEAL... accepted for enrollment at a HEAL school in a course of study that leads to one of the following degrees... Medicine or equivalent degree Bachelor or Master of Science in Pharmacy or equivalent degree Graduate or...

42 CFR 60.5 - Who is an eligible student borrower?

Code of Federal Regulations, 2011 CFR

2011-10-01

... EDUCATION ASSISTANCE LOAN PROGRAM The Borrower § 60.5 Who is an eligible student borrower? To receive a HEAL... accepted for enrollment at a HEAL school in a course of study that leads to one of the following degrees... Medicine or equivalent degree Bachelor or Master of Science in Pharmacy or equivalent degree Graduate or...

Quantitative Study Examining the Relationship between Demographic Factors and Loan Default among 4-Year College Students

ERIC Educational Resources Information Center

Cobb, Ashley K.

2017-01-01

The rate of default on college loans in the United States is staggering and poses a major financial threat not only to the students who are unable to repay their student loans but the U.S. economy. For instance, in 2011, borrowers at nonprofit and for-profit 4-year colleges accounted for almost 50% of all federal loan recipients. College students…

At Issue: The Relationship between Student Loans and Low-Income Students' Baccalaureate Attainment: A Literature Review

ERIC Educational Resources Information Center

Yu, Hongwei

2014-01-01

The study conducts a review on the linkage between student loans and low-income students' baccalaureate degree achievement. Specifically, this study synthesizes literature on low-income students' borrowing patterns, low-income students' baccalaureate degree achievement, as well as the relationship between these two topics. Future research should…

How CBO Analyzes the Sources of Lenders' Interest Income on Guaranteed Student Loans. A CBO Report

ERIC Educational Resources Information Center

Alsalam, Nabeel

2004-01-01

The Federal Family Education Loan (FFEL) program guarantees loans for postsecondary education to students and their parents at a limited interest rate. However, limiting borrowers' rates creates a danger that lenders will not be willing to participate in the program if their costs of financing and servicing the loans exceed the interest rates they…

77 FR 29988 - Notice of Submission for OMB Review; Federal Student Aid; William D. Ford Federal Direct Loan...

Federal Register 2010, 2011, 2012, 2013, 2014

2012-05-21

... borrowers in the William D. Ford Federal Direct Loan (Direct Loan) and Federal Family Education Loan (FFEL... DEPARTMENT OF EDUCATION Notice of Submission for OMB Review; Federal Student Aid; William D. Ford... mailed to [email protected] or mailed to U.S. Department of Education, 400 Maryland Avenue SW., LBJ...

A Lifetime of Student Debt? Not Likely

ERIC Educational Resources Information Center

Wilson, Robin

2009-01-01

In this article, the author examines the issue of student debt. Despite tales of gargantuan student debt burdens for some college graduates, studies show that most students borrow sensibly, pay it back, and are better off for having gone to college. But for a vocal minority of borrowers, problems with student-loan debt are very real. About 8…

Student Loan Default and Repayment in Kentucky

ERIC Educational Resources Information Center

Kentucky Council on Postsecondary Education, 2016

2016-01-01

As college costs continue to rise, student loan default and repayment are issues of increasing concern to students and families, colleges and universities, and state and federal governments. Helping students borrow responsibly and manage their debt are vitally important to maintaining college access and affordability and increasing the education…

Multivariate Analysis of Student Loan Defaulters at Texas A&M University

ERIC Educational Resources Information Center

Steiner, Matt; Teszler, Natali

2005-01-01

In an effort to better understand student loan default behavior at Texas A&M University (TAMU), the research staff at TG, at the request of TAMU, conducted a study of the relationship between loan default, on the one hand, and many student and borrower characteristics, on the other hand. The study examines the default behavior of 12,776…

Private Loans and Choice in Financing Higher Education.

ERIC Educational Resources Information Center

Wegmann, Catherine A.; Cunningham, Alisa F.; Merisotis, Jamie P.

Private loans also known as private-label loans or alternative loans, have long been part of the student financial aid equation, but are receiving new attention in recent years. Understanding who gets private loans and their reasons for borrowing these loans is critical for policymaking, but little research has been done. This report explores the…

34 CFR 674.12 - Loan maximums.

Code of Federal Regulations, 2010 CFR

2010-07-01

... 34 Education 3 2010-07-01 2010-07-01 false Loan maximums. 674.12 Section 674.12 Education..., DEPARTMENT OF EDUCATION FEDERAL PERKINS LOAN PROGRAM General Provisions § 674.12 Loan maximums. (a) The maximum annual amount of Federal Perkins Loans and NDSLs an eligible student may borrow is— (1) $5,500 for...

Managing Student Loan Default Risk: Evidence from a Privately Guaranteed Portfolio.

ERIC Educational Resources Information Center

Monteverde, Kirk

2000-01-01

Application of the statistical techniques of survival analysis and credit scoring to private education loans extended to law students found a pronounced seasoning effect for such loans and the robust predictive power of credit bureau scoring of borrowers. Other predictors of default included school-of-attendance, school's geographic location, and…

Helping or Hindering? The Effects of Loans on Community College Student Persistence

ERIC Educational Resources Information Center

McKinney, Lyle; Burridge, Andrea Backscheider

2015-01-01

More community college students are taking out loans than ever before and their median debt levels are increasing. This trend is disconcerting because community college borrowers are overrepresented among loan defaulters and those who dropout without having earned a degree. While not without criticism, a growing number of community colleges are…

34 CFR 685.300 - Agreements between an eligible school and the Secretary for participation in the Direct Loan...

Code of Federal Regulations, 2010 CFR

2010-07-01

...) Concerning the status of student borrowers (and students on whose behalf parents borrow) while these students... which the school becomes aware for these students (or their parents) after the student leaves the school... eligible students and parents in accordance with part D of the Act; (6) Provide assurances that the school...

Interest Subsidies on Student Loans: A Better Class of Drain. CEE DP 114

ERIC Educational Resources Information Center

Barr, Nicholas; Johnston, Alison

2010-01-01

The British system of student loans has a zero real rate of interest, less than it costs the government to borrow the money. This paper discusses the problems that arise from interest subsidies in the UK system of student loans; systems in other countries, for example Australia and New Zealand, face similar problems. The topic appears to be narrow…

Study of the Cost and Flows of Capital in the Guaranteed Student Loan Program. Final Report.

ERIC Educational Resources Information Center

Touche Ross and Co., Washington, DC.

The flow of capital to and through the Guaranteed Student Loan (GSL) Program and the cost of that capital to the federal government and the individual borrower were studied. A review of the research on student loan capital was conducted, and automated cost models were developed to test assumptions and project future costs. Attention was directed…

Student Loan Debt in Kentucky: An Analysis of Debt Levels and Their Relationship to Earnings for Baccalaureate Degree Holders of Public Universities, 2010-2013

ERIC Educational Resources Information Center

Kentucky Council on Postsecondary Education, 2015

2015-01-01

Student loans can be a good investment in an individual's future, providing financial access to higher education and improved chances of economic success after college. However, avoiding undue financial obligations and maximizing the return on investment require careful planning and prudent borrowing. Estimating whether the student loan debt…

Financial Literacy Makes Dollars and Sense for Student Loan Borrowers and Lenders

ERIC Educational Resources Information Center

Wilke, Alisa

2013-01-01

"American Student Assistance" has a unique window onto students during some very important milestones in their formative financial years. This nonprofit interacts with students from the time they're choosing a college, to applying for financial aid and loans, to starting a first job, getting that first apartment, making that dreaded…

State of Student Aid and Higher Education in Texas, 2016

ERIC Educational Resources Information Center

Fernandez, Chris; Fletcher, Carla; Klepfer, Kasey

2016-01-01

Texas Guaranteed Student Loan Corporation (TG) provides critical support to schools, students, and borrowers at every stage of the federal student aid process--from providing information on how to pay for a higher education including financial aid options, to facilitating successful loan repayment after graduation. This 2016 issue of "State…

Student Borrowing in America: Metrics, Demographics, Default Aversion Strategies

ERIC Educational Resources Information Center

Kesterman, Frank

2006-01-01

The use of Cohort Default Rate (CDR) as the primary measure of student loan defaults among undergraduates was investigated. The study used data extracted from the National Student Loan Data System (NSLDS), quantitative analysis of Likert-scale survey responses from 153 student financial aid professionals on proposed changes to present metrics and…

State of Student Aid and Higher Education in Texas, 2017

ERIC Educational Resources Information Center

Fernandez, Chris; Fletcher, Carla; Klepfer, Kasey

2017-01-01

The Texas Guaranteed Student Loan Corporation (TG) offers critical support to schools, students, and borrowers at every stage of the federal student aid process--from providing information on how to pay for a higher education, including financial aid options, to facilitating successful loan repayment after graduation. As part of that support, this…

Cohort Default Rates in Context

ERIC Educational Resources Information Center

Looney, Shannon M.

2011-01-01

Burgeoning student loan debt indicates problems not only for the country's borrowers but also for the postsecondary system. The rise in student loan defaults signifies a rise in institutional cohort default rates (CDRs)--a measure of accountability that informs the government and the general public how well an institution prepares its students for…

Making Loans Work: How Community Colleges Support Responsible Borrowing

ERIC Educational Resources Information Center

Burdman, Pamela

2012-01-01

To ensure that students have access to the full range of financial aid they may need to succeed, colleges must be able to confidently and responsibly offer federal student loans. The Institute for College Access & Success (TICAS) and the California Community Colleges Student Financial Aid Administrators' Association (CCCSFAAA) support…

Student Loans, Student Financial Aid and Post-Secondary Education in Canada.

ERIC Educational Resources Information Center

Finnie, Ross

2002-01-01

Briefly describes Canada's student loan system, including the typical costs of a year of postsecondary schooling and the levels of financial support available. Reports the results of an empirical analysis showing that borrowing remains at reasonable levels and repayment difficulties are still relatively uncommon. Suggests various reforms,…

Multivariate Analysis of Student Loan Defaulters at Prairie View A&M University

ERIC Educational Resources Information Center

Barone, Sandra

2006-01-01

This study examines the default behavior of 3,325 undergraduate student borrowers who attended Prairie View A&M University (PVAMU) and entered repayment on their TG-guaranteed Federal Family Education Loan Program (FFELP) loans between October 1, 2000 and September 30, 2002 (fiscal years 2001-2002). Using the Department of Education's official…

Multivariate Analysis of Student Loan Defaulters at Texas A&M University--Kingsville

ERIC Educational Resources Information Center

Barone, Sandra; Steiner, Matt; Teszler, Natali

2005-01-01

This study examines the default behavior of 5,177 undergraduate student borrowers who attended Texas A&M University--Kingsville (TAMUK) and entered repayment of their TG-guaranteed Federal Family Education Loan Program (FFELP) loans between October 1, 1998 and September 30, 2002 (fiscal years 1999-2002). Using the Department of Education's…

Can Self-Control Explain Avoiding Free Money? Evidence from Interest-Free Student Loans.

PubMed

Cadena, Brian C; Keys, Benjamin J

2013-10-01

This paper uses insights from behavioral economics to explain a particularly surprising borrowing phenomenon: One in six undergraduate students offered interest-free loans turn them down. Models of impulse control predict that students may optimally reject subsidized loans to avoid excessive consumption during school. Using the National Postsecondary Student Aid Study (NPSAS), we investigate students' take-up decisions and identify a group of students for whom the loans create an especially tempting liquidity increase. Students who would receive the loan in cash are significantly more likely to turn it down, suggesting that consumers choose to limit their liquidity in economically meaningful situations.

Female medical students may accrue less student loan debt than their male colleagues in New Zealand.

PubMed

McHardy, Karina M; Janssen, Anna; Poole, Phillippa J

2008-05-09

To quantify the current level of actual student loan debt in New Zealand (NZ) medical students at the time of graduation, and to investigate how debt burden relates to gender and ethnicity. A questionnaire was distributed to all graduating students from The University of Auckland's School of Medicine in November 2006. This study looked specifically at debt attributable to a New Zealand Government Student Loan (NZGSL). The response rate was 88%. Eighty-seven percent of NZ residents in the survey had a NZGSL. Nearly three-quarters of all students (73%) reported a total NZGSL of over $45,000, with one-third reporting a total greater than $75,000. Overall, males appeared to have different borrowing behaviours than their female counterparts, as reflected in their higher loan totals. Females were also more likely to report that they had no student loan, despite comparable access to parental financial support, part-time work, and scholarships. The reported loan sizes of Maori and Pacific Island students did not differ significantly from those of other ethnicities. Only 11% of study respondents reported that the burden of a student loan had a significant impact on future career decisions. For the majority of Auckland medical graduates, student debt is significant and continues to be a burdensome issue. There appear to be differences in the borrowing behaviours of males and females in the medical school programme, while different ethnicities have similar debt burdens.

Borrowing and Working of Low-Income Students: The Impact of a Summer Transition Program

ERIC Educational Resources Information Center

De La Rosa, Mari Luna

2012-01-01

This study focuses on how low-income students determine employment and student loan borrowing options before they begin college, as part of the final stages of their college choice process. More specifically, this study asks, "during a six-week summer transition program, what choices are made by low-income students with employment or borrowing…

Can Self-Control Explain Avoiding Free Money? Evidence from Interest-Free Student Loans*

PubMed Central

Cadena, Brian C.; Keys, Benjamin J.

2014-01-01

This paper uses insights from behavioral economics to explain a particularly surprising borrowing phenomenon: One in six undergraduate students offered interest-free loans turn them down. Models of impulse control predict that students may optimally reject subsidized loans to avoid excessive consumption during school. Using the National Postsecondary Student Aid Study (NPSAS), we investigate students’ take-up decisions and identify a group of students for whom the loans create an especially tempting liquidity increase. Students who would receive the loan in cash are significantly more likely to turn it down, suggesting that consumers choose to limit their liquidity in economically meaningful situations. PMID:24839312

34 CFR 682.604 - Processing the borrower's loan proceeds and counseling borrowers.

Code of Federal Regulations, 2011 CFR

2011-07-01

... 34 Education 4 2011-07-01 2011-07-01 false Processing the borrower's loan proceeds and counseling... Processing the borrower's loan proceeds and counseling borrowers. (a) General. (1) This section establishes rules governing a school's processing of a borrower's Stafford or PLUS loan proceeds, and for counseling...

34 CFR 682.604 - Processing the borrower's loan proceeds and counseling borrowers.

Code of Federal Regulations, 2010 CFR

2010-07-01

... 34 Education 3 2010-07-01 2010-07-01 false Processing the borrower's loan proceeds and counseling...'s loan proceeds and counseling borrowers. (a) General. (1) This section establishes rules governing a school's processing of a borrower's Stafford or PLUS loan proceeds, and for counseling borrowers...

34 CFR 682.604 - Processing the borrower's loan proceeds and counseling borrowers.

Code of Federal Regulations, 2012 CFR

2012-07-01

... 34 Education 4 2012-07-01 2012-07-01 false Processing the borrower's loan proceeds and counseling... Processing the borrower's loan proceeds and counseling borrowers. (a) General. (1) This section establishes rules governing a school's processing of a borrower's Stafford or PLUS loan proceeds, and for counseling...

34 CFR 682.604 - Processing the borrower's loan proceeds and counseling borrowers.

Code of Federal Regulations, 2013 CFR

2013-07-01

... 34 Education 4 2013-07-01 2013-07-01 false Processing the borrower's loan proceeds and counseling... Processing the borrower's loan proceeds and counseling borrowers. (a) General. (1) This section establishes rules governing a school's processing of a borrower's Stafford or PLUS loan proceeds, and for counseling...

College Scholarship Service Colloquium on Student Loan Counseling & Debt Management. Proceedings (Denver, Colorado, December 2-4, 1985).

ERIC Educational Resources Information Center

College Entrance Examination Board, New York, NY. Coll. Scholarship Service.

Student loan counseling and debt management are discussed in three papers, six commentaries, and a panel discussion from a College Scholarship Service colloquium. In "Fulfilling the Institution's Responsibilities to Student Borrowers," Theodore J. Marchese discusses a shift in student financial aid marked by the ascendency of loans…

In Good Standing: "Helping Colleges Manage Student Default Rates"

ERIC Educational Resources Information Center

Boerner, Heather

2014-01-01

The U.S. Department of Education estimates that 20 percent of community college students default on their student loan obligations (compared with 14.7 percent of all student loan borrowers), and that number is rising. What can community college financial officers do to keep their default numbers low? In this article, Heather Boerner describes the…

34 CFR 674.46 - Litigation procedures.

Code of Federal Regulations, 2011 CFR

2011-07-01

..., DEPARTMENT OF EDUCATION FEDERAL PERKINS LOAN PROGRAM Due Diligence § 674.46 Litigation procedures. (a)(1) If... the borrower's Federal Perkins, NDSL and National Defense Student Loans held by that institution, is...

What the Federal Government Owes Student Borrowers

ERIC Educational Resources Information Center

Combe, Paul

2009-01-01

This nation's federal student-loan system has reached a tipping point that, with the new leadership in Washington, offers a rare opportunity to create real change. To create a more consumer-focused student-loan program with both public and private capital, the Education Department, lenders, colleges in both programs, guarantors, and others should…

Understanding Loan Aversion in Education: Evidence from High School Seniors, Community College Students, and Adults. CEPA Working Paper No. 16-15

ERIC Educational Resources Information Center

Boatman, Angela; Evans, Brent; Soliz, Adela

2016-01-01

Student loans are a crucial aspect of financing a college education for millions of Americans, yet we have surprisingly little empirical evidence concerning individuals' unwillingness to borrow money for educational purposes. This study provides the first large-scale quantitative evidence of levels of loan aversion in the United States. Using…

Reaching the Limit: Undergraduates Who Borrow the Maximum Amount in Federal Direct Loans: 2011-12. Stats in Brief. NCES 2016-408

ERIC Educational Resources Information Center

Woo, Jennie; Horn, Laura

2016-01-01

As college costs continue to rise, students and their families increasingly rely on federal loans to help pay for college expenses. In 2011-12, over half of all undergraduates (52 percent) had borrowed money from the federal government to fund their education, compared with just over one-quarter (27 percent) in 1989-90, some 2 decades. Although…

Repayment of Student Loans as of 2015 among 1995-96 and 2003-04 First-Time Beginning Students. First Look. NCES 2018-410

ERIC Educational Resources Information Center

Woo, Jennie H.; Bentz, Alexander H.; Lew, Stephen; Velez, Erin Dunlop; Smith, Nichole

2017-01-01

This "First Look" report presents selected findings about the repayment of federal student loans using data from the 2015 Federal Student Aid Supplements to two Beginning Postsecondary Students Longitudinal Studies (BPS) administered by the National Center for Education Statistics (NCES). The report examines two cohorts of borrowers:…

Perspectives and Experiences of Financial Aid Counselors on Community College Students Who Borrow

ERIC Educational Resources Information Center

McKinney, Lyle; Roberts, Toya; Shefman, Pamelyn

2013-01-01

Loan borrowing among community college students has increased in recent years. This study utilized original survey data to examine this trend from the perspective and firsthand experiences of 107 community college financial aid counselors from three states: California, Florida, and Texas. Findings indicate these counselors are concerned with the…

Student Loan Debt for Community College Transfer Students and How Debt Information Letters Impact Future Borrowing Decisions

ERIC Educational Resources Information Center

Mckinney, Kenneth Paul

2017-01-01

There has been a proliferation of student loan debt over the past decade. The indebtedness that students incur while attending college reduces their discretionary income once they enter repayment after graduation. For graduates, there is an opportunity cost along with personal and professional life decisions being made based on this debt. For…

Student Loan Debt: Problems & Prospects. Proceedings from a National Symposium (Washington, DC, December 10, 1997).

ERIC Educational Resources Information Center

Education Resources Inst., Boston, MA.

These proceedings include five papers presented at a symposium on issues related to the increasing amounts of student borrowing and resulting student debt. Also included is a synopsis of a roundtable discussion addressing core questions framed by the symposium, as well as several public policy options for addressing student loan debt burden. The…

Is a Student Loan Crisis on the Horizon?

ERIC Educational Resources Information Center

Akers, Beth; Chingos, Matthew M.

2014-01-01

College tuition and student debt levels have been increasing at a fast pace for at least two decades. These well-documented trends, coupled with an economy weakened by a major recession, have raised serious questions about whether the market for student debt is headed for a crisis, with many borrowers unable to repay their loans and taxpayers…

Student Debt and the Class of 2013

ERIC Educational Resources Information Center

Reed, Matthew; Cochrane, Debbie

2014-01-01

Student debt is still rising for bachelor's degree recipients. In 2013, seven in 10 (69%) graduating seniors at public and private nonprofit colleges had student loans. These borrowers owed an average of $28,400 in federal and private loans combined, up two percent compared to their peers in 2012. Debt at graduation varies greatly by state and by…

Lowering Student Loan Default Rates: What One Consortium of Historically Black Institutions Did to Succeed. Education Sector Reports

ERIC Educational Resources Information Center

Dillon, Erin; Smiles, Robin V.

2010-01-01

Colleges across the nation are struggling to confront a growing problem in higher education: student debt. As more students borrow more money than ever before, and recent graduates enter the worst job market in a generation, students are increasingly unable to pay back their loans. This report discusses the growing problem of students defaulting…

Federal Student Loans: Oversight of Defaulted Loan Rehabilitation Needs Strengthening. Testimony before the Subcommittee on Higher Education and Workforce Training, Committee on Education and the Workforce, House of Representatives. GAO-14-426T

ERIC Educational Resources Information Center

Emrey-Arras, Melissa

2014-01-01

As of September 2013 about $94 billion--over 11 percent of federal student loan volume in repayment--was in default. Loan rehabilitation allows borrowers who make nine on-time monthly payments within 10 months to have the default removed from their credit reports. Department of Education (Education) contracts with collection agencies to assist…

States Create Low-Cost Loan Programs to Help Middle Class Pay for College.

ERIC Educational Resources Information Center

Blumenstyk, Goldie

1990-01-01

State low-interest college loans programs for middle-class families have emerged in response to restrictions on federally subsidized Stafford Loans. The key difference between federal and state programs is that most state programs require student borrowers and cosigners to prove good credit risks, reducing loan default and making the programs…

34 CFR 674.35 - Deferment of repayment-Federal Perkins loans made before July 1, 1993.

Code of Federal Regulations, 2014 CFR

2014-07-01

... borrower is at least a half-time regular student at— (i) An institution of higher education; or (ii) A... to qualify for a deferment. (3) If a borrower is attending as at least a half-time regular student for a full academic year and intends to enroll as at least a half-time regular student in the next...

34 CFR 674.35 - Deferment of repayment-Federal Perkins loans made before July 1, 1993.

Code of Federal Regulations, 2012 CFR

2012-07-01

... borrower is at least a half-time regular student at— (i) An institution of higher education; or (ii) A... to qualify for a deferment. (3) If a borrower is attending as at least a half-time regular student for a full academic year and intends to enroll as at least a half-time regular student in the next...

34 CFR 674.35 - Deferment of repayment-Federal Perkins loans made before July 1, 1993.

Code of Federal Regulations, 2013 CFR

2013-07-01

... borrower is at least a half-time regular student at— (i) An institution of higher education; or (ii) A... to qualify for a deferment. (3) If a borrower is attending as at least a half-time regular student for a full academic year and intends to enroll as at least a half-time regular student in the next...

42 CFR 60.12 - Deferment.

Code of Federal Regulations, 2011 CFR

2011-10-01

...” in the Guaranteed Student Loan Program; (2) Up to 4 years during which the borrower is a participant... United States; (4) Up to 3 years during which the borrower is in service as a volunteer under the Peace...; or (6) Up to 3 years during which the borrower is a full-time volunteer under title I of the Domestic...

42 CFR 60.12 - Deferment.

Code of Federal Regulations, 2014 CFR

2014-10-01

...” in the Guaranteed Student Loan Program; (2) Up to 4 years during which the borrower is a participant... United States; (4) Up to 3 years during which the borrower is in service as a volunteer under the Peace...; or (6) Up to 3 years during which the borrower is a full-time volunteer under title I of the Domestic...

42 CFR 60.12 - Deferment.

Code of Federal Regulations, 2012 CFR

2012-10-01

...” in the Guaranteed Student Loan Program; (2) Up to 4 years during which the borrower is a participant... United States; (4) Up to 3 years during which the borrower is in service as a volunteer under the Peace...; or (6) Up to 3 years during which the borrower is a full-time volunteer under title I of the Domestic...

42 CFR 60.12 - Deferment.

Code of Federal Regulations, 2013 CFR

2013-10-01

...” in the Guaranteed Student Loan Program; (2) Up to 4 years during which the borrower is a participant... United States; (4) Up to 3 years during which the borrower is in service as a volunteer under the Peace...; or (6) Up to 3 years during which the borrower is a full-time volunteer under title I of the Domestic...

25 CFR 103.27 - Can the borrower get help preparing its loan application or putting its loan funds to use?

Code of Federal Regulations, 2011 CFR

2011-04-01

... 25 Indians 1 2011-04-01 2011-04-01 false Can the borrower get help preparing its loan application or putting its loan funds to use? 103.27 Section 103.27 Indians BUREAU OF INDIAN AFFAIRS, DEPARTMENT... Relating to Borrowers § 103.27 Can the borrower get help preparing its loan application or putting its loan...

7 CFR 1717.653 - Borrowers in default.

Code of Federal Regulations, 2010 CFR

2010-01-01

..., to be in the financial interest of the government with respect to loan security and/or repayment. If... AGRICULTURE POST-LOAN POLICIES AND PROCEDURES COMMON TO INSURED AND GUARANTEED ELECTRIC LOANS Investments, Loans, and Guarantees by Electric Borrowers § 1717.653 Borrowers in default. Any borrower not in...

Some State Loan Agencies Say They May Stay on the Sidelines This Year

ERIC Educational Resources Information Center

Kelderman, Eric

2008-01-01

Despite action by Congress and the Bush administration to shore up the student-loan industry, some state-authorized organizations say they may not return to the loan business this year, and others are cutting some of the borrower benefits and services they provide. Nine state loan agencies stopped issuing either new federally backed or new private…

34 CFR 674.36 - Deferment of repayment-NDSLs made on or after October 1, 1980, but before July 1, 1993.

Code of Federal Regulations, 2012 CFR

2012-07-01

... resumption of the repayment period on a loan, when the borrower is at least a half-time regular student at... is attending as at least a half-time regular student for a full academic year and intends to enroll as at least a half-time regular student in the next academic year, the borrower is entitled to...

34 CFR 674.36 - Deferment of repayment-NDSLs made on or after October 1, 1980, but before July 1, 1993.

Code of Federal Regulations, 2014 CFR

2014-07-01

... resumption of the repayment period on a loan, when the borrower is at least a half-time regular student at... is attending as at least a half-time regular student for a full academic year and intends to enroll as at least a half-time regular student in the next academic year, the borrower is entitled to...

34 CFR 674.36 - Deferment of repayment-NDSLs made on or after October 1, 1980, but before July 1, 1993.

Code of Federal Regulations, 2013 CFR

2013-07-01

... resumption of the repayment period on a loan, when the borrower is at least a half-time regular student at... is attending as at least a half-time regular student for a full academic year and intends to enroll as at least a half-time regular student in the next academic year, the borrower is entitled to...

Web Sites that Compare Loans Gain Users, Lose Lenders

ERIC Educational Resources Information Center

Norton, Ingrid

2008-01-01

Web sites that allow borrowers to compare student loans proliferated in the wake of last year's scandals that exposed conflicts of interest in the lending industry. Now the credit crunch is shifting demand for loan-comparison sites again, providing both new challenges and opportunities. More financial-aid officers are also pointing their students…

Substituting Direct Government Lending for Guaranteed Student Loans: How Budget Rules Distorted Economic Decisionmaking.

ERIC Educational Resources Information Center

Zimmerman, Dennis; Miles, Barbara

1994-01-01

Congress substituted direct federal loans for federal guarantee of private loans for postsecondary education. Budget savings were overestimated because credit risks, recognition of administrative costs, and increases in administrative and borrowing costs were ignored. Savings could have been achieved by reducing returns to private lenders and…

34 CFR 674.37 - Deferment of repayment-NDSLs made before October 1, 1980 and Defense loans.

Code of Federal Regulations, 2014 CFR

2014-07-01

... loan, when the borrower is at least a half-time regular student at— (i) An institution of higher... regular student for a full academic year and intends to enroll as at least half-time regular student in..., Marines or Coast Guard (see § 674.59); (2) A Peace Corps volunteer (see § 674.60); or (3) A volunteer...

34 CFR 674.37 - Deferment of repayment-NDSLs made before October 1, 1980 and Defense loans.

Code of Federal Regulations, 2013 CFR

2013-07-01

... loan, when the borrower is at least a half-time regular student at— (i) An institution of higher... regular student for a full academic year and intends to enroll as at least half-time regular student in..., Marines or Coast Guard (see § 674.59); (2) A Peace Corps volunteer (see § 674.60); or (3) A volunteer...

34 CFR 674.37 - Deferment of repayment-NDSLs made before October 1, 1980 and Defense loans.

Code of Federal Regulations, 2012 CFR

2012-07-01

... loan, when the borrower is at least a half-time regular student at— (i) An institution of higher... regular student for a full academic year and intends to enroll as at least half-time regular student in..., Marines or Coast Guard (see § 674.59); (2) A Peace Corps volunteer (see § 674.60); or (3) A volunteer...

7 CFR 1944.425 - Handling and accounting for borrower loan funds.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 7 Agriculture 13 2013-01-01 2013-01-01 false Handling and accounting for borrower loan funds. 1944... Grants § 1944.425 Handling and accounting for borrower loan funds. Grantees will be required to administer borrower loan funds during the construction phases. The extent of their involvement will depend on...

7 CFR 1944.425 - Handling and accounting for borrower loan funds.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 7 Agriculture 13 2014-01-01 2013-01-01 true Handling and accounting for borrower loan funds. 1944... Grants § 1944.425 Handling and accounting for borrower loan funds. Grantees will be required to administer borrower loan funds during the construction phases. The extent of their involvement will depend on...

7 CFR 1944.425 - Handling and accounting for borrower loan funds.

Code of Federal Regulations, 2012 CFR

2012-01-01

... 7 Agriculture 13 2012-01-01 2012-01-01 false Handling and accounting for borrower loan funds. 1944... Grants § 1944.425 Handling and accounting for borrower loan funds. Grantees will be required to administer borrower loan funds during the construction phases. The extent of their involvement will depend on...

7 CFR 1944.425 - Handling and accounting for borrower loan funds.

Code of Federal Regulations, 2011 CFR

2011-01-01

... 7 Agriculture 13 2011-01-01 2009-01-01 true Handling and accounting for borrower loan funds. 1944... Grants § 1944.425 Handling and accounting for borrower loan funds. Grantees will be required to administer borrower loan funds during the construction phases. The extent of their involvement will depend on...

The Public Realities of Private Student Loans. Policy Matters: A Higher Education Policy Brief

ERIC Educational Resources Information Center

Harnisch, Thomas

2008-01-01

The use of private loans to finance college education has significantly increased in the last decade. Insufficient public financial aid support, a complex federal aid application process, aggressive marketing by private lenders, and an unwillingness by some parents to borrow under the federal PLUS program are leading students to take out what can…

Colleges Should Teach Students How to Borrow Wisely

ERIC Educational Resources Information Center

Holtschneider, Dennis H.

2008-01-01

The student-loan industry seems to have broken new ground, which raises a red flag after the recent investigation of the private-loan industry by Andrew M. Cuomo, New York State's attorney general. Last June "The Chronicle" reported that in Cuomo's testimony before Congress, he compared the industry to the Wild West, characterizing it as a bastion…

State Disinvestment in Higher Education Has Led to an Explosion of Student-Loan Debt

ERIC Educational Resources Information Center

Baylor, Elizabeth

2014-01-01

Earning a college degree or credential can be life changing and economically sustaining. That is why it is critically important that America's system of public colleges remain affordable for all Americans. However, Center for American Progress (CAP) analysis estimates that annual student-loan borrowing increased by $17 billion in the five years…

Student Loan Reform, Interest Subsidies and Costly Technicalities: Lessons from the UK Experience

ERIC Educational Resources Information Center

Johnston, Alison; Barr, Nicholas

2013-01-01

In this paper, we consider lessons for other countries about the design of student loans with income-contingent repayments (i.e. repayments calculated as "x" per cent of each borrower's subsequent income). Using a dataset of 20,000 simulated lifetime graduate earnings paths, we estimate the cost and distributional effects of reforms in…

A Brief Look at...the Texas B-On-Time Loan Program. Research Report

ERIC Educational Resources Information Center

Shook, Melissa

2012-01-01

The Texas B-On-Time (BOT) Loan Program is a unique state aid program intended to increase access to higher education in Texas and encourage on-time graduation. This state student loan may be completely forgiven if the otherwise eligible borrower completes his or her degree on time. The BOT Loan Program was developed in response to low on-time…

77 FR 30265 - Notice of Submission for OMB Review; Federal Student Aid; Direct Loan Income Contingent Repayment...

Federal Register 2010, 2011, 2012, 2013, 2014

2012-05-22

... Income Contingent Repayment Plan Alternative Documentation of Income SUMMARY: This form serves as the means by which a borrower who is repaying Direct Loan Program loans under the Income-Contigent Repayment (ICR) Plan or the Income-Based Repayment (IBR) Plan provides the U.S. Department of Education (the...

The Expansion of Private Loans in Postsecondary Education. Stats in Brief. NCES 2012-184

ERIC Educational Resources Information Center

Woo, Jennie H.

2011-01-01

This Statistics in Brief examines private loans by institution sector, tuition amount, student characteristics, and level. This study attempts to answer the following questions: (1) How did undergraduate borrowing from private sources change from 2003-04 to 2007-08 and who obtained private loans?; (2) To what extent did undergraduates combine…

34 CFR 682.607 - Payment of a refund or a return of title IV, HEA program funds to a lender upon a student's...

Code of Federal Regulations, 2010 CFR

2010-07-01

... school knows the new holder's identity; and (2) Must provide simultaneous written notice to the borrower... for an academic period that is allocable to a FFEL loan received by the borrower for that academic...

34 CFR 685.214 - Closed school discharge.

Code of Federal Regulations, 2011 CFR

2011-07-01

... 34 Education 4 2011-07-01 2011-07-01 false Closed school discharge. 685.214 Section 685.214... Provisions § 685.214 Closed school discharge. (a) General. (1) The Secretary discharges the borrower's (and... for which the loan was made because the school at which the borrower (or student) was enrolled closed...

24 CFR 201.23 - Borrower's initial payment.

Code of Federal Regulations, 2010 CFR

2010-04-01

... gift or a loan from some other source, the borrower must disclose the source of such gift or loan on... lender in the loan file. (b) Manufactured home purchase loans. In the case of a manufactured home purchase loan, the borrower shall make a minimum cash downpayment of at least five percent of the purchase...

Guaranty Agency Questionnaire.

ERIC Educational Resources Information Center

Leifman, Steven

The extent to which guaranty agencies, lenders, and state secondary markets impose restrictions on Guaranteed Student Loan (GSL) borrowing that go beyond federal regulations was assessed through a survey of 53 guaranty agencies. Seventeen of the agencies imposed restrictions on GSLs that go beyond federal regulations, including not loaning to…

7 CFR 1718.102 - Definitions.

Code of Federal Regulations, 2010 CFR

2010-01-01

... LOAN SECURITY DOCUMENTS FOR ELECTRIC BORROWERS Loan Contracts With Distribution Borrowers § 1718.102 Definitions. For the purposes of this subpart: Borrower means any organization that has an outstanding loan... defined in 7 CFR 1710.2. Loan documents means the mortgage (or other security instrument acceptable to RUS...

Direct Student Loan Program: Management Actions Could Enhance Customer Service. Report to the Ranking Minority Member, Committee on Health, Education, Labor, and Pensions, U.S. Senate.

ERIC Educational Resources Information Center

General Accounting Office, Washington, DC.

This report suggests to congress that they consider clarifying whether Education may regulate the fees charged to borrowers under the Direct Loan Program. It also suggests that FSA collect information from schools that could be used to make improvements to the Direct Loan Program. (Author)

7 CFR 766.113 - Buyout of loan at current market value.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 7 2010-01-01 2010-01-01 false Buyout of loan at current market value. 766.113... Buyout of loan at current market value. (a) Borrower eligibility. A delinquent borrower may buy out the borrower's FLP loans at the current market value of the loan security, including security not in the...

Relationships between Interlibrary Loan and Research Activity in Canada

ERIC Educational Resources Information Center

Duy, Joanna; Larivière, Vincent

2014-01-01

Interlibrary Loan borrowing rates in academic libraries are influenced by an array of factors. This article explores the relationship between interlibrary loan borrowing activity and research activity at 42 Canadian academic institutions. A significant positive correlation was found between interlibrary loan borrowing activity and measures of…

77 FR 35659 - Request for Information Regarding Complaints From Private Education Loan Borrowers

Federal Register 2010, 2011, 2012, 2013, 2014

2012-06-14

... Regarding Complaints From Private Education Loan Borrowers AGENCY: Bureau of Consumer Financial Protection... and Consumer Protection Act of 2010 (Dodd-Frank Act) established a Private Education Loan Ombudsman... borrowers of private education loans. Among other things, the Dodd-Frank Act directs the Ombudsman to...

34 CFR 682.607 - Payment of a refund or a return of title IV, HEA program funds to a lender upon a student's...

Code of Federal Regulations, 2014 CFR

2014-07-01

... loan has been transferred and the school knows the new holder's identity; and (2) Must provide... funds upon a student's withdrawal for an academic period that is allocable to a FFEL loan received by the borrower for that academic period, the school must follow the procedures established in part 668...

Game of Loans: The Rhetoric and Reality of Student Debt. The William G. Bowen Memorial Series in Higher Education

ERIC Educational Resources Information Center

Akers, Beth; Chingos, Matthew M.

2017-01-01

College tuition and student debt levels have been rising at an alarming pace for at least two decades. These trends, coupled with an economy weakened by a major recession, have raised serious questions about whether we are headed for a major crisis, with borrowers defaulting on their loans in unprecedented numbers and taxpayers being forced to…

34 CFR 674.34 - Deferment of repayment-Federal Perkins loans, NDSLs and Defense loans.

Code of Federal Regulations, 2010 CFR

2010-07-01

... and in attendance as a regular student in at least a half-time course of study at an eligible... least a half-time regular student for a full academic year and intends to enroll as at least a half-time... period not to exceed 3 years during which the borrower is seeking and unable to find full-time employment...

7 CFR 1717.302 - Definitions and rules of construction.

Code of Federal Regulations, 2010 CFR

2010-01-01

... ELECTRIC LOANS Federal Pre-emption in Rate Making in Connection With Power Supply Borrowers § 1717.302... otherwise stated in the text, “borrower” shall mean power supply borrower. Loan contract means the agreement... loans made or guaranteed pursuant to the RE Act. Power supply borrower means any borrower engaged in the...

7 CFR 1717.302 - Definitions and rules of construction.

Code of Federal Regulations, 2011 CFR

2011-01-01

... ELECTRIC LOANS Federal Pre-emption in Rate Making in Connection With Power Supply Borrowers § 1717.302... otherwise stated in the text, “borrower” shall mean power supply borrower. Loan contract means the agreement... loans made or guaranteed pursuant to the RE Act. Power supply borrower means any borrower engaged in the...

42 CFR 60.1 - What is the HEAL program?

Code of Federal Regulations, 2010 CFR

2010-10-01

... Assistance Loan (HEAL) program is a program of Federal insurance of educational loans to graduate students in... borrow money to pay for their educational costs. In addition, certain nonstudents (such as doctors... Justice for litigation. (d) Any person who knowingly makes a false statement or misrepresentation in a...

75 FR 58285 - Short-Term, Small Amount Loans

Federal Register 2010, 2011, 2012, 2013, 2014

2010-09-24

... believed that a longer term was necessary to enable borrowers to pay back a loan in small, more manageable... drive borrowers back to payday lenders. After considering these comments the Board has determined to... for a higher number of loans, the Board disagrees that a limited number of loans will push borrowers...

7 CFR 1717.154 - Transitional assistance in connection with new loans.

Code of Federal Regulations, 2012 CFR

2012-01-01

... loans, RUS will consider the loan authority for the fiscal year, the borrower's projected cash flows... and supplemental loans and the impacts of this difference on the borrower's projected cash flows and... other costs of entering into the merger places on the borrower's rates and cash flows, and the...

7 CFR 1717.154 - Transitional assistance in connection with new loans.

Code of Federal Regulations, 2013 CFR

2013-01-01

... loans, RUS will consider the loan authority for the fiscal year, the borrower's projected cash flows... and supplemental loans and the impacts of this difference on the borrower's projected cash flows and... other costs of entering into the merger places on the borrower's rates and cash flows, and the...

7 CFR 1717.154 - Transitional assistance in connection with new loans.

Code of Federal Regulations, 2014 CFR

2014-01-01

... loans, RUS will consider the loan authority for the fiscal year, the borrower's projected cash flows... and supplemental loans and the impacts of this difference on the borrower's projected cash flows and... other costs of entering into the merger places on the borrower's rates and cash flows, and the...

Price and Value: Considerations for College Shoppers

ERIC Educational Resources Information Center

Broh, C. Anthony; Ansel, Dana

2010-01-01

Parents and students recognize the value of a college degree. Increasingly, they are borrowing large sums of money to invest in the future. Their choices about how to save for college, where to attend college, how much and from where to borrow for college, and how to repay their loans, have grown more complex. Yet families work with incomplete…

7 CFR 1737.2 - Definitions.

Code of Federal Regulations, 2010 CFR

2010-01-01

.... Feasibility study means the pro forma financial analysis performed by RUS to determine the economic... RUS to the borrower's construction fund. Borrower means any organization which has an outstanding loan... percent per year. Initial loan means the first loan made to a borrower. Interim construction means the...

7 CFR 1737.2 - Definitions.

Code of Federal Regulations, 2014 CFR

2014-01-01

.... Feasibility study means the pro forma financial analysis performed by RUS to determine the economic... RUS to the borrower's construction fund. Borrower means any organization which has an outstanding loan... percent per year. Initial loan means the first loan made to a borrower. Interim construction means the...

7 CFR 1737.2 - Definitions.

Code of Federal Regulations, 2013 CFR

2013-01-01

.... Feasibility study means the pro forma financial analysis performed by RUS to determine the economic... RUS to the borrower's construction fund. Borrower means any organization which has an outstanding loan... percent per year. Initial loan means the first loan made to a borrower. Interim construction means the...

7 CFR 1737.2 - Definitions.

Code of Federal Regulations, 2012 CFR

2012-01-01

.... Feasibility study means the pro forma financial analysis performed by RUS to determine the economic... RUS to the borrower's construction fund. Borrower means any organization which has an outstanding loan... percent per year. Initial loan means the first loan made to a borrower. Interim construction means the...

7 CFR 1737.2 - Definitions.

Code of Federal Regulations, 2011 CFR

2011-01-01

.... Feasibility study means the pro forma financial analysis performed by RUS to determine the economic... RUS to the borrower's construction fund. Borrower means any organization which has an outstanding loan... percent per year. Initial loan means the first loan made to a borrower. Interim construction means the...

7 CFR 1717.658 - Records, reports and audits.

Code of Federal Regulations, 2010 CFR

2010-01-01

... Investments, Loans, and Guarantees by Electric Borrowers § 1717.658 Records, reports and audits. (a) Every borrower shall maintain accurate records concerning all investments, loans and guarantees made by it. Such... all income, expenses and losses generated from the borrower's loans, guarantees and investments; (2...

13 CFR 400.200 - Eligible Borrower.

Code of Federal Regulations, 2012 CFR

2012-01-01

... 400.200 Business Credit and Assistance EMERGENCY STEEL GUARANTEE LOAN BOARD EMERGENCY STEEL GUARANTEE LOAN PROGRAM Steel Guarantee Loans § 400.200 Eligible Borrower. (a) An eligible Borrower must be a Qualified Steel Company that can demonstrate: (1) Credit is not otherwise available to it under reasonable...

13 CFR 400.200 - Eligible Borrower.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 400.200 Business Credit and Assistance EMERGENCY STEEL GUARANTEE LOAN BOARD EMERGENCY STEEL GUARANTEE LOAN PROGRAM Steel Guarantee Loans § 400.200 Eligible Borrower. (a) An eligible Borrower must be a Qualified Steel Company that can demonstrate: (1) Credit is not otherwise available to it under reasonable...

13 CFR 400.200 - Eligible Borrower.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 400.200 Business Credit and Assistance EMERGENCY STEEL GUARANTEE LOAN BOARD EMERGENCY STEEL GUARANTEE LOAN PROGRAM Steel Guarantee Loans § 400.200 Eligible Borrower. (a) An eligible Borrower must be a Qualified Steel Company that can demonstrate: (1) Credit is not otherwise available to it under reasonable...

13 CFR 400.200 - Eligible Borrower.

Code of Federal Regulations, 2011 CFR

2011-01-01

... 400.200 Business Credit and Assistance EMERGENCY STEEL GUARANTEE LOAN BOARD EMERGENCY STEEL GUARANTEE LOAN PROGRAM Steel Guarantee Loans § 400.200 Eligible Borrower. (a) An eligible Borrower must be a Qualified Steel Company that can demonstrate: (1) Credit is not otherwise available to it under reasonable...

13 CFR 400.200 - Eligible Borrower.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 400.200 Business Credit and Assistance EMERGENCY STEEL GUARANTEE LOAN BOARD EMERGENCY STEEL GUARANTEE LOAN PROGRAM Steel Guarantee Loans § 400.200 Eligible Borrower. (a) An eligible Borrower must be a Qualified Steel Company that can demonstrate: (1) Credit is not otherwise available to it under reasonable...

Beyond Abuse and Exposure: Framing the Impact of Prescription-Medication Sharing

PubMed Central

Goldsworthy, Richard C.; Schwartz, Nancy C.; Mayhorn, Christopher B.

2008-01-01

Objectives. We sought to document the frequency, circumstances, and consequences of prescription medication–sharing behaviors and to use a medication-sharing impact framework to organize the resulting data regarding medication-loaning and -borrowing practices. Methods. One-on-one interviews were conducted in 2006, and participants indicated (1) prescription medicine taken in the past year, (2) whether they had previously loaned or borrowed prescription medicine, (3) scenarios in which they would consider loaning or borrowing prescription medicine, and (4) the types of prescription medicines they had loaned or borrowed. Results. Of the 700 participants, 22.9% reported having loaned their medications to someone else and 26.9% reported having borrowed someone else’s prescription. An even greater proportion of participants reported situations in which medication sharing was acceptable to them. Conclusions. Sharing prescription medication places individuals at risk for diverse consequences, and further research regarding medication loaning and borrowing behaviors and their associated consequences is merited. PMID:18445792

7 CFR 1735.32 - Guaranteed loans.

Code of Federal Regulations, 2013 CFR

2013-01-01

... GENERAL POLICIES, TYPES OF LOANS, LOAN REQUIREMENTS-TELECOMMUNICATIONS PROGRAM Types of Loans § 1735.32...) Requirements. To qualify for a guaranteed loan, a borrower must have a projected TIER (including the proposed... loan. In addition, a borrower must meet all requirements set forth in the regulations applicable to a...

7 CFR 1735.32 - Guaranteed loans.

Code of Federal Regulations, 2014 CFR

2014-01-01

... GENERAL POLICIES, TYPES OF LOANS, LOAN REQUIREMENTS-TELECOMMUNICATIONS PROGRAM Types of Loans § 1735.32...) Requirements. To qualify for a guaranteed loan, a borrower must have a projected TIER (including the proposed... loan. In addition, a borrower must meet all requirements set forth in the regulations applicable to a...

7 CFR 1735.32 - Guaranteed loans.

Code of Federal Regulations, 2012 CFR

2012-01-01

... GENERAL POLICIES, TYPES OF LOANS, LOAN REQUIREMENTS-TELECOMMUNICATIONS PROGRAM Types of Loans § 1735.32...) Requirements. To qualify for a guaranteed loan, a borrower must have a projected TIER (including the proposed... loan. In addition, a borrower must meet all requirements set forth in the regulations applicable to a...

7 CFR 1735.32 - Guaranteed loans.

Code of Federal Regulations, 2011 CFR

2011-01-01

... GENERAL POLICIES, TYPES OF LOANS, LOAN REQUIREMENTS-TELECOMMUNICATIONS PROGRAM Types of Loans § 1735.32...) Requirements. To qualify for a guaranteed loan, a borrower must have a projected TIER (including the proposed... loan. In addition, a borrower must meet all requirements set forth in the regulations applicable to a...

Uranium loans: Delaying the day of reckoning

DOE Office of Scientific and Technical Information (OSTI.GOV)

Not Available

1993-09-01

Spot market volume so far this year, by NUKEM's estimates, comes to just under 11 million lbs. It appears that existing loans are either being extended, or paid back with material borrowed from other sources. Therefore, there has been no significant amount of purchases on the spot market to pay back borrowed uranium. How do we know the loans have not been paid back with spot purchases For one thing, the amount of uranium loans outstanding has increased. According to our current survey, there may now be as much as 32 million lbs U3O8 equivalent in outstanding loans. At currentmore » prices, it's cheaper to borrow than to buy uranium. So borrowers are gambling that prices will remain low for some time, allowing them to delay repayment of the loans. Borrowers then, in essence, are delaying the day of reckoning on these loans. How long they can do so is anyone's guess. As long as uranium is in abundance and utilities remain willing to lend it out, loan activity will likely remain at or near current levels. But when supplies tighten and the market swings in a more positive direction, borrowers may get caught scrambling to repay their loans as quickly as possible.« less

7 CFR 1718.104 - Availability of model loan contract.

Code of Federal Regulations, 2010 CFR

2010-01-01

..., DEPARTMENT OF AGRICULTURE LOAN SECURITY DOCUMENTS FOR ELECTRIC BORROWERS Loan Contracts With Distribution Borrowers § 1718.104 Availability of model loan contract. Single copies of the model loan contract (RUS... 7 Agriculture 11 2010-01-01 2010-01-01 false Availability of model loan contract. 1718.104 Section...

7 CFR 1700.54 - Electric Program.

Code of Federal Regulations, 2011 CFR

2011-01-01

... distribution borrowers or more than $50,000,000 for power supply borrowers. (4) All loans, loan guarantees, and... of liens for power supply borrowers in amounts not exceeding $50,000,000. (3) Execution of all loan... set forth in paragraph (c)(1) of this section. (d) Director, Power Supply Division, has the authority...

7 CFR 1700.54 - Electric Program.

Code of Federal Regulations, 2010 CFR

2010-01-01

... distribution borrowers or more than $50,000,000 for power supply borrowers. (4) All loans, loan guarantees, and... of liens for power supply borrowers in amounts not exceeding $50,000,000. (3) Execution of all loan... set forth in paragraph (c)(1) of this section. (d) Director, Power Supply Division, has the authority...

13 CFR 500.200 - Eligible Borrower.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 13 Business Credit and Assistance 1 2013-01-01 2013-01-01 false Eligible Borrower. 500.200 Section 500.200 Business Credit and Assistance EMERGENCY OIL AND GAS GUARANTEED LOAN BOARD EMERGENCY OIL AND GAS GUARANTEED LOAN PROGRAM Oil and Gas Guaranteed Loans § 500.200 Eligible Borrower. (a) An eligible...

13 CFR 500.200 - Eligible Borrower.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 13 Business Credit and Assistance 1 2014-01-01 2014-01-01 false Eligible Borrower. 500.200 Section 500.200 Business Credit and Assistance EMERGENCY OIL AND GAS GUARANTEED LOAN BOARD EMERGENCY OIL AND GAS GUARANTEED LOAN PROGRAM Oil and Gas Guaranteed Loans § 500.200 Eligible Borrower. (a) An eligible...

13 CFR 500.200 - Eligible Borrower.

Code of Federal Regulations, 2012 CFR

2012-01-01

... 13 Business Credit and Assistance 1 2012-01-01 2012-01-01 false Eligible Borrower. 500.200 Section 500.200 Business Credit and Assistance EMERGENCY OIL AND GAS GUARANTEED LOAN BOARD EMERGENCY OIL AND GAS GUARANTEED LOAN PROGRAM Oil and Gas Guaranteed Loans § 500.200 Eligible Borrower. (a) An eligible...

13 CFR 500.200 - Eligible Borrower.

Code of Federal Regulations, 2011 CFR

2011-01-01

... 13 Business Credit and Assistance 1 2011-01-01 2011-01-01 false Eligible Borrower. 500.200 Section 500.200 Business Credit and Assistance EMERGENCY OIL AND GAS GUARANTEED LOAN BOARD EMERGENCY OIL AND GAS GUARANTEED LOAN PROGRAM Oil and Gas Guaranteed Loans § 500.200 Eligible Borrower. (a) An eligible...

7 CFR 1718.101 - Applicability.

Code of Federal Regulations, 2010 CFR

2010-01-01

... LOAN SECURITY DOCUMENTS FOR ELECTRIC BORROWERS Loan Contracts With Distribution Borrowers § 1718.101... that obtain a loan or loan guarantee from RUS approved on or after January 29, 1996. Distribution... 29, 1996, may be required to execute a new loan contract and new mortgage. Moreover, any distribution...

13 CFR 123.202 - How much can my business borrow with a physical disaster business loan?

Code of Federal Regulations, 2010 CFR

2010-01-01

... with a physical disaster business loan? 123.202 Section 123.202 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Physical Disaster Business Loans § 123.202 How much can my business borrow with a physical disaster business loan? (a) Disaster business loans, including both...

13 CFR 123.202 - How much can my business borrow with a physical disaster business loan?

Code of Federal Regulations, 2011 CFR

2011-01-01

... with a physical disaster business loan? 123.202 Section 123.202 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Physical Disaster Business Loans § 123.202 How much can my business borrow with a physical disaster business loan? (a) Disaster business loans, including both...

13 CFR 123.202 - How much can my business borrow with a physical disaster business loan?

Code of Federal Regulations, 2012 CFR

2012-01-01

... with a physical disaster business loan? 123.202 Section 123.202 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Physical Disaster Business Loans § 123.202 How much can my business borrow with a physical disaster business loan? (a) Disaster business loans, including both...

13 CFR 123.202 - How much can my business borrow with a physical disaster business loan?

Code of Federal Regulations, 2014 CFR

2014-01-01

... with a physical disaster business loan? 123.202 Section 123.202 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Physical Disaster Business Loans § 123.202 How much can my business borrow with a physical disaster business loan? (a) Disaster business loans, including both...

13 CFR 123.202 - How much can my business borrow with a physical disaster business loan?

Code of Federal Regulations, 2013 CFR

2013-01-01

... with a physical disaster business loan? 123.202 Section 123.202 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Physical Disaster Business Loans § 123.202 How much can my business borrow with a physical disaster business loan? (a) Disaster business loans, including both...

Student Financial Aid Handbook, 2001-2002. Volume 1: Student Eligibility.

ERIC Educational Resources Information Center

Department of Education, Washington, DC. Student Financial Assistance.

This volume discusses the eligibility requirements for student and parent borrowers from federal financial aid programs. It reviews the factors an aid administrator must consider when reviewing a student's application for a loan and outlines the administrator's responsibilities in checking to make sure that recipients qualify for their aid awards.…

State of Student Aid and Higher Education in Texas

ERIC Educational Resources Information Center

Creusere, Marlena; Fletcher, Carla; Klepfer, Kasey; Norman, Patricia

2015-01-01

TG provides critical support to schools, students, and borrowers at every stage of the federal student aid process--from providing information on how to pay for a higher education including financial aid options, to facilitating successful loan repayment after graduation. This issue of "State of Student Aid and Higher Education in Texas"…

7 CFR 766.351 - Liquidation.

Code of Federal Regulations, 2010 CFR

2010-01-01

... not otherwise fully repay or sell loan security to repay a deceased borrower's FLP loans, the Agency... SPECIAL PROGRAMS DIRECT LOAN SERVICING-SPECIAL Loan Liquidation § 766.351 Liquidation. (a) General. (1) When a borrower cannot or will not meet a loan obligation, the Agency will consider liquidating the...

7 CFR 1944.425 - Handling and accounting for borrower loan funds.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 13 2010-01-01 2009-01-01 true Handling and accounting for borrower loan funds. 1944... Grants § 1944.425 Handling and accounting for borrower loan funds. Grantees will be required to...HA or its successor agency under Public Law 103-354's non-discrimination policies in receiving...

7 CFR 1710.102 - Borrower eligibility for different types of loans.

Code of Federal Regulations, 2010 CFR

2010-01-01

... financing of distribution and subtransmission facilities of both distribution and power supply borrowers... distribution and subtransmission facilities of both distribution and power supply borrowers, including, under.... Both distribution and power supply borrowers are eligible for 100 percent loan guarantees under section...

7 CFR 1710.102 - Borrower eligibility for different types of loans.

Code of Federal Regulations, 2011 CFR

2011-01-01

... financing of distribution and subtransmission facilities of both distribution and power supply borrowers... distribution and subtransmission facilities of both distribution and power supply borrowers, including, under.... Both distribution and power supply borrowers are eligible for 100 percent loan guarantees under section...

7 CFR 1744.207 - Investment not to jeopardize loan security.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 11 2010-01-01 2010-01-01 false Investment not to jeopardize loan security. 1744.207... SERVICE, DEPARTMENT OF AGRICULTURE POST-LOAN POLICIES AND PROCEDURES COMMON TO GUARANTEED AND INSURED TELEPHONE LOANS Borrower Investments § 1744.207 Investment not to jeopardize loan security. A borrower shall...

24 CFR 201.20 - Property improvement loan eligibility.

Code of Federal Regulations, 2010 CFR

2010-04-01

... jurisdiction over the fire safety requirements of health care facilities prior to making application for a loan... property improvement loan (other than a manufactured home improvement loan), the borrower shall have at... property. (2) To be eligible for a manufactured home improvement loan, the borrower shall have at least a...

7 CFR Appendix C to Subpart C of... - FSA-2514, Notice of Availability of Loan Servicing to Borrowers Who Are in Non-Monetary Default

Code of Federal Regulations, 2013 CFR

2013-01-01

... Borrowers Who Are in Non-Monetary Default C Appendix C to Subpart C of Part 766 Agriculture Regulations of... PROGRAMS DIRECT LOAN SERVICING-SPECIAL Loan Servicing Programs Pt. 766, Subpt. C, App. C Appendix C to Subpart C of Part 766—FSA-2514, Notice of Availability of Loan Servicing to Borrowers Who Are in Non...

7 CFR Appendix C to Subpart C of... - FSA-2514, Notice of Availability of Loan Servicing to Borrowers Who Are in Non-Monetary Default

Code of Federal Regulations, 2011 CFR

2011-01-01

... Borrowers Who Are in Non-Monetary Default C Appendix C to Subpart C of Part 766 Agriculture Regulations of... PROGRAMS DIRECT LOAN SERVICING-SPECIAL Loan Servicing Programs Pt. 766, Subpt. C, App. C Appendix C to Subpart C of Part 766—FSA-2514, Notice of Availability of Loan Servicing to Borrowers Who Are in Non...

7 CFR Appendix C to Subpart C of... - FSA-2514, Notice of Availability of Loan Servicing to Borrowers Who Are in Non-Monetary Default

Code of Federal Regulations, 2014 CFR

2014-01-01

... Borrowers Who Are in Non-Monetary Default C Appendix C to Subpart C of Part 766 Agriculture Regulations of... PROGRAMS DIRECT LOAN SERVICING-SPECIAL Loan Servicing Programs Pt. 766, Subpt. C, App. C Appendix C to Subpart C of Part 766—FSA-2514, Notice of Availability of Loan Servicing to Borrowers Who Are in Non...

7 CFR Appendix C to Subpart C of... - FSA-2514, Notice of Availability of Loan Servicing to Borrowers Who Are in Non-Monetary Default

Code of Federal Regulations, 2012 CFR

2012-01-01

... Borrowers Who Are in Non-Monetary Default C Appendix C to Subpart C of Part 766 Agriculture Regulations of... PROGRAMS DIRECT LOAN SERVICING-SPECIAL Loan Servicing Programs Pt. 766, Subpt. C, App. C Appendix C to Subpart C of Part 766—FSA-2514, Notice of Availability of Loan Servicing to Borrowers Who Are in Non...

7 CFR Appendix C to Subpart C of... - FSA-2514, Notice of Availability of Loan Servicing to Borrowers Who Are in Non-Monetary Default

Code of Federal Regulations, 2010 CFR

2010-01-01

... Borrowers Who Are in Non-Monetary Default C Appendix C to Subpart C of Part 766 Agriculture Regulations of... PROGRAMS DIRECT LOAN SERVICING-SPECIAL Loan Servicing Programs Pt. 766, Subpt. C, App. C Appendix C to Subpart C of Part 766—FSA-2514, Notice of Availability of Loan Servicing to Borrowers Who Are in Non...

The Debt Burden of Bachelor's Degree Recipients. Stats in Brief. NCES 2017-436

ERIC Educational Resources Information Center

Velez, Erin Dunlop; Woo, Jennie H.

2017-01-01

As of May 2013, total outstanding student loan debt in the United States had reached $1.2 trillion, up from $1 trillion fewer than 18 months before. The growth in debt is due primarily to increases in both the rate of borrowing and the average amount borrowed, especially among graduates of 4-year institutions. In 1989-90, about half (51 percent)…

76 FR 37095 - Privacy Act of 1974; System of Records

Federal Register 2010, 2011, 2012, 2013, 2014

2011-06-24

... determine whether an educational program provides training to prepare students for gainful employment in a... educational program provides training to prepare students for gainful employment in a recognized occupation... program borrow in private educational loans and receive from institutionally provided financing plans, as...

7 CFR 1717.156 - Transitional assistance affecting preexisting loans.

Code of Federal Regulations, 2010 CFR

2010-01-01

... lengthened by 2 years. On the borrower's request RUS will prepare documents necessary for the advance of loan... affecting preexisting loans. The fund advance period for an insured loan, which is the period during which RUS may advance loan funds to a borrower, terminates automatically after a specific period of time...

13 CFR 123.405 - How much can your business borrow with a pre-disaster mitigation loan?

Code of Federal Regulations, 2013 CFR

2013-01-01

... with a pre-disaster mitigation loan? 123.405 Section 123.405 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Pre-Disaster Mitigation Loans § 123.405 How much can your business borrow with a pre-disaster mitigation loan? Your business, together with its affiliates, may...

13 CFR 123.405 - How much can your business borrow with a pre-disaster mitigation loan?

Code of Federal Regulations, 2012 CFR

2012-01-01

... with a pre-disaster mitigation loan? 123.405 Section 123.405 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Pre-Disaster Mitigation Loans § 123.405 How much can your business borrow with a pre-disaster mitigation loan? Your business, together with its affiliates, may...

13 CFR 123.405 - How much can your business borrow with a pre-disaster mitigation loan?

Code of Federal Regulations, 2014 CFR

2014-01-01

... with a pre-disaster mitigation loan? 123.405 Section 123.405 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Pre-Disaster Mitigation Loans § 123.405 How much can your business borrow with a pre-disaster mitigation loan? Your business, together with its affiliates, may...

13 CFR 123.405 - How much can your business borrow with a pre-disaster mitigation loan?

Code of Federal Regulations, 2011 CFR

2011-01-01

... with a pre-disaster mitigation loan? 123.405 Section 123.405 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Pre-Disaster Mitigation Loans § 123.405 How much can your business borrow with a pre-disaster mitigation loan? Your business, together with its affiliates, may...

13 CFR 123.405 - How much can your business borrow with a pre-disaster mitigation loan?

Code of Federal Regulations, 2010 CFR

2010-01-01

... with a pre-disaster mitigation loan? 123.405 Section 123.405 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Pre-Disaster Mitigation Loans § 123.405 How much can your business borrow with a pre-disaster mitigation loan? Your business, together with its affiliates, may...

Student Loan Borrowers' Bill of Rights Act of 2013

THOMAS, 113th Congress

Rep. Wilson, Frederica S. [D-FL-24

2014-01-15

House - 03/20/2014 Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. (All Actions) Tracker: This bill has the status IntroducedHere are the steps for Status of Legislation:

National Policy Agenda to Reduce the Burden of Student Debt

ERIC Educational Resources Information Center

Institute for College Access & Success, 2014

2014-01-01

Since 2005, "The Institute for College Access & Success" (TICAS) and its Project on Student Debt have worked to reduce the risks and burdens of student debt. TICAS helped create and improve income-based repayment plans to keep federal loan payments manageable; strengthen Pell Grants, which reduce the need to borrow; and simplify the…

12 CFR 617.7015 - What happens to borrower rights when a loan is sold?

Code of Federal Regulations, 2014 CFR

2014-01-01

... subsequently sold, in whole or in part, to another qualified lender is subject to the borrower rights... February 10, 1996, and designated for sale into a secondary market at the time the loan was made. (2) Borrower rights apply to a loan designated for sale under paragraph (b)(1) of this section but not sold...

12 CFR 617.7015 - What happens to borrower rights when a loan is sold?

Code of Federal Regulations, 2012 CFR

2012-01-01

... subsequently sold, in whole or in part, to another qualified lender is subject to the borrower rights... February 10, 1996, and designated for sale into a secondary market at the time the loan was made. (2) Borrower rights apply to a loan designated for sale under paragraph (b)(1) of this section but not sold...

12 CFR 617.7015 - What happens to borrower rights when a loan is sold?

Code of Federal Regulations, 2011 CFR

2011-01-01

... subsequently sold, in whole or in part, to another qualified lender is subject to the borrower rights... February 10, 1996, and designated for sale into a secondary market at the time the loan was made. (2) Borrower rights apply to a loan designated for sale under paragraph (b)(1) of this section but not sold...

12 CFR 617.7015 - What happens to borrower rights when a loan is sold?

Code of Federal Regulations, 2010 CFR

2010-01-01

... subsequently sold, in whole or in part, to another qualified lender is subject to the borrower rights... February 10, 1996, and designated for sale into a secondary market at the time the loan was made. (2) Borrower rights apply to a loan designated for sale under paragraph (b)(1) of this section but not sold...

12 CFR 614.4233 - International loans.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 12 Banks and Banking 6 2010-01-01 2010-01-01 false International loans. 614.4233 Section 614.4233... and Conditions § 614.4233 International loans. Term loans made by banks for cooperatives and... borrower has had a longstanding successful business relationship with an eligible cooperative borrower or...

Engaging Student Borrowers: Results of a Survey of Financial Aid Professionals. Research Report

ERIC Educational Resources Information Center

Webster, Jeff; Fernandez, Chris; Fletcher, Carla; Klepfer, Kasey

2017-01-01

The rising cost of attending college creates a financial challenge for most students, many of whom must take out student loans to pursue their education goals. Whether or not they earn a degree, these students will leave school with the burden of managing student debt. How well they manage this complex process may shape their personal finances for…

Toward a typology of health-related informal credit: an exploration of borrowing practices for paying for health care by the poor in Cambodia

PubMed Central

2012-01-01

Background Borrowing money is a common strategy to cope with health care costs. The impact of borrowing on households can be severe, leading to indebtedness and further impoverishment. However, the available literature on borrowing practices for health is limited. We explore borrowing practices for paying for health care by the poor in Cambodia and provide a typology, associated conditions, and the extent of the phenomenon. Methods In addition to a semi-structured literature review, in-depth interviews were conducted with representatives of 47 households with health-related debt and 19 managers of formal or informal credit schemes. Results A large proportion of Cambodians, especially the poor, resort to borrowing to meet the cost of health care. Because of limited cash flow and access to formal creditors, the majority take out loans with high interest rates from informal money lenders. The most common type of informal credit is locally known as Changkar and consists of five kinds of loans: short-term loans, medium-term loans, seasonal loans, loans for an unspecified period, and loans with repayment in labour, each with different lending and repayment conditions and interest rates. Conclusion This study suggests the importance of informal credit for coping with the cost of treatment and its potentially negative impact on the livelihood of Cambodian people. We provide directions for further studies on financial protection interventions to mitigate harmful borrowing practices to pay for health care in Cambodia. PMID:23134845

7 CFR 4287.145 - Default by borrower.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 15 2010-01-01 2010-01-01 false Default by borrower. 4287.145 Section 4287.145... Loans § 4287.145 Default by borrower. (a) The lender must notify the Agency when a borrower is 30 days past due on a payment or is otherwise in default of the Loan Agreement. Form FmHA 1980-44, “Guaranteed...

The Looming Student Loan Default Crisis Is Worse than We Thought. Evidence Speaks Reports, Vol 2, #34

ERIC Educational Resources Information Center

Scott-Clayton, Judith

2018-01-01

This report analyzes new data on student debt and repayment, released by the U.S. Department of Education in October 2017. Previously available data have been limited to borrowers only, follow students for a relatively short period (3-5 years) after entering repayment, and had only limited information on student characteristics and experiences.…

Early Labor Force Experiences and Debt Burden. Postsecondary Education Descriptive Analysis Reports. Statistical Analysis Report.

ERIC Educational Resources Information Center

Choy, Susan P.; Geis, Sonya; Carroll, C. Dennis

This study used data from the Baccalaureate and Beyond (B&B) and Beginning Postsecondary Student (BPS) studies to examine: the early labor force experiences of college students who either graduated or dropped out; student borrowing for postsecondary education; and student loan debt burden and repayment status. The B&B group (n=11,000) was…

7 CFR 1755.27 - Borrower contractual obligations.

Code of Federal Regulations, 2010 CFR

2010-01-01

..., DEPARTMENT OF AGRICULTURE TELECOMMUNICATIONS POLICIES ON SPECIFICATIONS, ACCEPTABLE MATERIALS, AND STANDARD CONTRACT FORMS § 1755.27 Borrower contractual obligations. (a) Loan agreement. As a condition of a loan or... pursuant to which the borrowers agree to use RUS standard contract forms for construction, procurement...

Understanding Loan Use and Debt Burden among Low-Income and Minority Students at a Large Urban Community College

ERIC Educational Resources Information Center

Luna-Torres, Maria; McKinney, Lyle; Horn, Catherine; Jones, Sara

2018-01-01

This study examined a sample of community college students from a diverse, large urban community college system in Texas. To gain a deeper understanding about the effects of background characteristics on student borrowing behaviors and enrollment outcomes, the study employed descriptive statistics and regression techniques to examine two separate…

34 CFR 685.200 - Borrower eligibility.

Code of Federal Regulations, 2010 CFR

2010-07-01

... previous loan or TEACH Grant service obligation was cancelled due to total and permanent disability, the student— (A) In the case of a borrower whose prior loan under title IV of the Act or TEACH Grant service... Direct Consolidation Loan, within three years of the date that any previous title IV loan or TEACH Grant...

12 CFR 560.35 - Adjustments to home loans.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 12 Banks and Banking 6 2014-01-01 2012-01-01 true Adjustments to home loans. 560.35 Section 560.35... Lending and Investment Powers for Federal Savings Associations § 560.35 Adjustments to home loans. (a) For any home loan secured by borrower-occupied property, or property to be occupied by the borrower...

12 CFR 560.35 - Adjustments to home loans.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 12 Banks and Banking 6 2013-01-01 2012-01-01 true Adjustments to home loans. 560.35 Section 560.35... Lending and Investment Powers for Federal Savings Associations § 560.35 Adjustments to home loans. (a) For any home loan secured by borrower-occupied property, or property to be occupied by the borrower...

12 CFR 560.35 - Adjustments to home loans.

Code of Federal Regulations, 2011 CFR

2011-01-01

... 12 Banks and Banking 5 2011-01-01 2011-01-01 false Adjustments to home loans. 560.35 Section 560... Lending and Investment Powers for Federal Savings Associations § 560.35 Adjustments to home loans. (a) For any home loan secured by borrower-occupied property, or property to be occupied by the borrower...

12 CFR 560.35 - Adjustments to home loans.

Code of Federal Regulations, 2012 CFR

2012-01-01

... 12 Banks and Banking 6 2012-01-01 2012-01-01 false Adjustments to home loans. 560.35 Section 560... Lending and Investment Powers for Federal Savings Associations § 560.35 Adjustments to home loans. (a) For any home loan secured by borrower-occupied property, or property to be occupied by the borrower...

12 CFR 560.35 - Adjustments to home loans.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Adjustments to home loans. 560.35 Section 560... Lending and Investment Powers for Federal Savings Associations § 560.35 Adjustments to home loans. (a) For any home loan secured by borrower-occupied property, or property to be occupied by the borrower...

7 CFR 1980.420 - Loan guarantee limits.

Code of Federal Regulations, 2010 CFR

2010-01-01

... Agriculture Regulations of the Department of Agriculture (Continued) RURAL HOUSING SERVICE, RURAL BUSINESS...) PROGRAM REGULATIONS (CONTINUED) GENERAL Business and Industrial Loan Program § 1980.420 Loan guarantee... factors involved, including but not limited to: (1) Borrower's management. The borrower's management, and...

Your Renewal FAFSA: Renewal Free Application for Federal Student Aid, July 1, 2001-June 30, 2002 School Year (2001-2002).

ERIC Educational Resources Information Center

Department of Education, Washington, DC.

This form is used to renew an application for federal and state student grants, work-study, and loans. The form begins with instructions, deadline dates for state student aid, and instructions on renewing an application on the Web. Sections of the application request borrower (student) information, student and spouse income and assets, student…

7 CFR 1717.657 - Investments above the 15 percent level by certain borrowers not exempt under § 1717.656(a).

Code of Federal Regulations, 2010 CFR

2010-01-01

... plant. (d) Distribution and power supply borrowers. If the aggregate of the investments, loans and... investment controls under § 1717.656(a) may not make investments, loans and guarantees in an aggregate amount... (d) of this section.) (c) Power supply borrowers. (1) Power supply borrowers not exempt from RUS...

25 CFR 103.27 - Can the borrower get help preparing its loan application or putting its loan funds to use?

Code of Federal Regulations, 2010 CFR

2010-04-01

... § 103.17(d). The borrower should contact the BIA field or agency office serving the area in which the borrower's business is to be located, or if there is no separate field or agency office serving the area, then the borrower should contact the BIA regional office serving the area. ...

24 CFR 1007.10 - Eligible borrowers.

Code of Federal Regulations, 2010 CFR

2010-04-01

... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Eligible borrowers. 1007.10 Section 1007.10 Housing and Urban Development Regulations Relating to Housing and Urban Development (Continued... SECTION 184A LOAN GUARANTEES FOR NATIVE HAWAIIAN HOUSING § 1007.10 Eligible borrowers. A loan guaranteed...

7 CFR 765.202 - Borrower responsibilities.

Code of Federal Regulations, 2010 CFR

2010-01-01

... or other security instruments; and (2) The cost of lien search reports; (d) Pay taxes on property...) Non-compliance with the provisions of loan agreements and documents, other than failure to meet... FLP loans by the borrower; (2) Borrower non-compliance will be considered by the Agency when making...

7 CFR 1735.22 - Loan security.

Code of Federal Regulations, 2010 CFR

2010-01-01

... telephone facilities that do not constitute self-contained operating systems or units (such as lines switched by other systems), the borrower shall, in addition to the mortgage lien on all of the borrower's... the borrower's entire system, including the facilities to be constructed with the proceeds of the loan...

7 CFR 1735.22 - Loan security.

Code of Federal Regulations, 2011 CFR

2011-01-01

... telephone facilities that do not constitute self-contained operating systems or units (such as lines switched by other systems), the borrower shall, in addition to the mortgage lien on all of the borrower's... the borrower's entire system, including the facilities to be constructed with the proceeds of the loan...

13 CFR 120.707 - What conditions apply to loans by Intermediaries to Microloan borrowers?

Code of Federal Regulations, 2011 CFR

2011-01-01

... 13 Business Credit and Assistance 1 2011-01-01 2011-01-01 false What conditions apply to loans by Intermediaries to Microloan borrowers? 120.707 Section 120.707 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION BUSINESS LOANS Microloan Program § 120.707 What conditions apply to loans by Intermediaries to...

Direct Loans: A Better Way To Borrow. William D. Ford Federal Direct Loan Program.

ERIC Educational Resources Information Center

Department of Education, Washington, DC. Student Financial Assistance.

The Web site http://www.ed.gov/DirectLoan/ provides information on the William D. Ford Federal Direct Loan Program for both professionals and borrowers. For professionals, it provides information on conferences, promissory notes, regulations, laws, and relevant links, as well as technical assistance, and other publications and guides. For…

7 CFR 1436.15 - Maintenance, liability, insurance, and inspections.

Code of Federal Regulations, 2010 CFR

2010-01-01

... borrower must maintain the loan collateral in a condition suitable for the storage of one or more of the facility loan commodities. For purpose of this section the term “loan collateral” will mean any property of... has been repaid, the borrower will be liable for all damages to or destruction of the loan collateral...

77 FR 66087 - Federal Perkins Loan Program, Federal Family Education Loan Program, and William D. Ford Federal...

Federal Register 2010, 2011, 2012, 2013, 2014

2012-11-01

...The Secretary amends the Federal Perkins Loan (Perkins Loan) program, Federal Family Education Loan (FFEL) program, and William D. Ford Federal Direct Loan (Direct Loan) program regulations. These final regulations implement a new Income-Contingent Repayment (ICR) plan in the Direct Loan program based on the President's ``Pay As You Earn'' repayment initiative, incorporate recent statutory changes to the Income-Based Repayment (IBR) plan in the Direct Loan and FFEL programs, and streamline and add clarity to the total and permanent disability (TPD) discharge process for borrowers in loan programs under title IV of the Higher Education Act of 1965, as amended (HEA). These final regulations implementing a new ICR plan and the statutory changes to the IBR plan will assist borrowers in repaying their loans while the changes to the TPD discharge process will reduce burden for borrowers who are disabled and seeking a discharge of their title IV debt.

The Impact of Undergraduate Debt on the Graduate School Enrollment of STEM Baccalaureates

ERIC Educational Resources Information Center

Malcom, Lindsey E.; Dowd, Alicia C.

2012-01-01

While student loans provide college opportunity for many, undergraduate student debt resulting from typical and heavy borrowing hinders future investments in human capital. Propensity score matching analysis of the NSF's 2003 National Survey of Recent College Graduates demonstrates that debt negatively affects the graduate school enrollment of…

Testing the tools of development: credit programmes, loan involvement, and women's empowerment.

PubMed

Ackerly, B A

1995-07-01

This study finds that income generation programs should not focus on women's labor as a means of empowerment. Empowerment should be directed to women's direct involvement in selling and accounting in the loan activity and in the techniques of lending agencies that promote empowerment. Borrowers are empowered through market activities and nonmarket strategies such as changing the institutional environment. Local women can be hired as group promoters. When payments are made to a collection post, local women promoters can be protected and travel to remote areas without fear for security. It is argued that goals are reached successfully, when tasks are clearly defined. Empowerment in this study means knowledge of accounting for the borrower's loan activity. It is argued that organizations that choose to make women's empowerment a goal can use this factor to measure program impact. Data for this study are obtained from the Bangladesh Rural Advancement Committee (BRAC), Grameen Bank (GB), and Save the Children, Bangladesh Field Office (SCF). The general model indicates that the borrower will be empowered in the process of taking out a loan and investing it in an activity. The likelihood that the credit process will lead to empowerment, given the multiple lending options, is tested in a probit model. Explanatory variables include location, borrower's direct contribution of labor to all or part of the activity, a borrower's direct involvement in buying supplies or selling or accounting for the loan, the lending organization (BRAC, GB, or SCF), loan amount, number of years of borrowing, and borrower position as a center or group chair. The results are based on the 826 loans of the 613 female borrowers. Significant features that contributed to borrower's knowledge included, in the order of significance, participation in accounting, selling, and labor. The key factor appeared to be market access. The impact of organization and involvement was maximized among individuals who had a 40-50% probability of being empowered. For example, a borrower, who had an initial propensity of being empowered of 20%, would have a 96.2% probability of being empowered as a result of accounting involvement.

13 CFR 123.105 - How much can I borrow with a home disaster loan and what limits apply on use of funds and...

Code of Federal Regulations, 2012 CFR

2012-01-01

... disaster loan and what limits apply on use of funds and repayment terms? 123.105 Section 123.105 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Home Disaster Loans § 123.105 How much can I borrow with a home disaster loan and what limits apply on use of funds and repayment...

13 CFR 123.105 - How much can I borrow with a home disaster loan and what limits apply on use of funds and...

Code of Federal Regulations, 2014 CFR

2014-01-01

... disaster loan and what limits apply on use of funds and repayment terms? 123.105 Section 123.105 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Home Disaster Loans § 123.105 How much can I borrow with a home disaster loan and what limits apply on use of funds and repayment...

13 CFR 123.105 - How much can I borrow with a home disaster loan and what limits apply on use of funds and...

Code of Federal Regulations, 2010 CFR

2010-01-01

... disaster loan and what limits apply on use of funds and repayment terms? 123.105 Section 123.105 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Home Disaster Loans § 123.105 How much can I borrow with a home disaster loan and what limits apply on use of funds and repayment...

13 CFR 123.105 - How much can I borrow with a home disaster loan and what limits apply on use of funds and...

Code of Federal Regulations, 2013 CFR

2013-01-01

... disaster loan and what limits apply on use of funds and repayment terms? 123.105 Section 123.105 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Home Disaster Loans § 123.105 How much can I borrow with a home disaster loan and what limits apply on use of funds and repayment...

13 CFR 123.105 - How much can I borrow with a home disaster loan and what limits apply on use of funds and...

Code of Federal Regulations, 2011 CFR

2011-01-01

... disaster loan and what limits apply on use of funds and repayment terms? 123.105 Section 123.105 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Home Disaster Loans § 123.105 How much can I borrow with a home disaster loan and what limits apply on use of funds and repayment...

7 CFR 1781.21 - Borrower accounting methods, management, reporting, and audits.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 12 2010-01-01 2010-01-01 false Borrower accounting methods, management, reporting... DEVELOPMENT (RCD) LOANS AND WATERSHED (WS) LOANS AND ADVANCES § 1781.21 Borrower accounting methods, management, reporting, and audits. These activities will be handled in accordance with the provisions of...

A Sharper Focus on What Students Pay, and Whether They Graduate

ERIC Educational Resources Information Center

Lipka, Sara

2012-01-01

Efforts to keep higher education affordable for all students and to promote not only access, but success--all in a climate of dwindling state appropriations and lean budgets--made the past year one of reckoning for colleges. Total outstanding student-loan debt hit the $1-trillion mark as federal officials scrambled to ease the burden on borrowers,…

12 CFR 617.7410 - When and how does a qualified lender notify a borrower of the right to seek loan restructuring?

Code of Federal Regulations, 2010 CFR

2010-01-01

... borrower of the right to seek loan restructuring? 617.7410 Section 617.7410 Banks and Banking FARM CREDIT... Mediation Programs § 617.7410 When and how does a qualified lender notify a borrower of the right to seek... been identified as distressed and that the borrower has the right to request a restructuring of the...

75 FR 23218 - Information Collection; Direct Loan Servicing-Regular

Federal Register 2010, 2011, 2012, 2013, 2014

2010-05-03

... borrower compliance with loan agreements, assist the borrower in achieving business goals, and regular servicing of the loan account such as graduation, subordination, partial release, and use of proceeds. DATES... comments on this notice. In your comments, include date, volume, and page number, and the OMB control...

34 CFR 674.36 - Deferment of repayment-NDSLs made on or after October 1, 1980, but before July 1, 1993.

Code of Federal Regulations, 2011 CFR

2011-07-01

... PERKINS LOAN PROGRAM Terms of Loans § 674.36 Deferment of repayment—NDSLs made on or after October 1, 1980... participating in the Federal Perkins Loan program for the borrower to qualify for a deferment. (3) If a borrower...

24 CFR 1005.105 - What are eligible loans?

Code of Federal Regulations, 2010 CFR

2010-04-01

... § 203.12(b)(2) of this title for FHA mortgage insurance. (f) Lack of access to private financial markets... borrower must certify that the borrower lacks access to private financial markets. Borrower certification... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false What are eligible loans? 1005.105...

34 CFR 682.215 - Income-based repayment plan.

Code of Federal Regulations, 2010 CFR

2010-07-01

... for the year the borrower certifies family size. Support includes money, gifts, loans, housing, food... holder determines— (A) Each borrower's percentage of the couple's total eligible loan debt; (B) The...

7 CFR 766.201 - Shared Appreciation Agreement.

Code of Federal Regulations, 2012 CFR

2012-01-01

... Recovery Buyout Agreements § 766.201 Shared Appreciation Agreement. (a) When a SAA is required. The Agency... loans; (3) The borrower ceases farming; or (4) The Agency accelerates the borrower's loans. ...

7 CFR 766.201 - Shared Appreciation Agreement.

Code of Federal Regulations, 2013 CFR

2013-01-01

... Recovery Buyout Agreements § 766.201 Shared Appreciation Agreement. (a) When a SAA is required. The Agency... loans; (3) The borrower ceases farming; or (4) The Agency accelerates the borrower's loans. ...

7 CFR 766.201 - Shared Appreciation Agreement.

Code of Federal Regulations, 2011 CFR

2011-01-01

... Recovery Buyout Agreements § 766.201 Shared Appreciation Agreement. (a) When a SAA is required. The Agency... loans; (3) The borrower ceases farming; or (4) The Agency accelerates the borrower's loans. ...

7 CFR 766.201 - Shared Appreciation Agreement.

Code of Federal Regulations, 2014 CFR

2014-01-01

... Recovery Buyout Agreements § 766.201 Shared Appreciation Agreement. (a) When a SAA is required. The Agency... loans; (3) The borrower ceases farming; or (4) The Agency accelerates the borrower's loans. ...

7 CFR 766.201 - Shared Appreciation Agreement.

Code of Federal Regulations, 2010 CFR

2010-01-01

... Recovery Buyout Agreements § 766.201 Shared Appreciation Agreement. (a) When a SAA is required. The Agency... loans; (3) The borrower ceases farming; or (4) The Agency accelerates the borrower's loans. ...

Students and overdue books in a medical library

PubMed Central

Alao, I. A.

2002-01-01

At the University of Ilorin Medical Library, sixty-one randomly selected medical students with overdue books were surveyed using a questionnaire with a view to (1) finding out why they had not returned the library books in their possession, (2) determining their perceptions of eight given overdue measures, and (3) seeking suggestions on how else to reduce overdue books. Most of the overdue books were as a result of (1) the students not finishing with the books and (2) the students being forgetful. Providing for renewals was the most favored overdue measure, while the need for increased multiple copies and extended loan periods for students were also stressed. Thus, a notice urging readers to return or renew borrowed library books was mounted on the issue desk as a reminder to all readers borrowing books. The library is being automated, which will facilitate timely generation and sending of overdue notices. More copies of some titles were purchased, while a copy each of others was transferred to the reserve collection. The need for an extended loan period will require further investigation, while the judicious use of other overdue measures to complement providing for renewals is recommended. PMID:12113513

Student Loan Debt Levels and Their Implications for Borrowers, Society, and the Economy

ERIC Educational Resources Information Center

Cornelius, Luke M.; Frank, Sharon A.

2015-01-01

Upward mobility is a prized aspect of the American dream based upon the belief that those from humble origins can climb the socioeconomic ladder through education and hard work. Increasingly, postsecondary education is an essential component of that dream. However, many students, particularly those from low to moderate income families, find it…

College Board Delegates Argue Controversies of the Day: Productivity and Paying for College.

ERIC Educational Resources Information Center

Evangelauf, Jean

1987-01-01

The annual meeting of the College Board focused on some of the most controversial issues facing higher education including: productivity, accountability, prepaid tuition plans, Guaranteed Student Loan (GSL) program, and one alternative to the G.S.L.--students could borrow from the government and then pay a higher Social Security tax. (MLW)

Students' Perceptions of Their Education Debt and Its Impact on Life after Graduation.

ERIC Educational Resources Information Center

Hira, Tahira K.; Anderson, Mary M.; Petersen, Karen

2000-01-01

Analysis of data from 443 graduating college seniors found many students: (1) unaware of their total loan indebtedness and payment obligations (both over- and under-estimating debt payments); (2) borrowed to support "a better lifestyle," and (3) were unable to estimate realistically their post-graduation earnings and ability to meet repayment…

34 CFR 685.221 - Income-based repayment plan.

Code of Federal Regulations, 2010 CFR

2010-07-01

... for the year the borrower certifies family size. Support includes money, gifts, loans, housing, food... of the couple's total eligible loan debt; (B) The adjusted monthly payment for each borrower by...

Student Loan Borrower Bill of Rights

THOMAS, 113th Congress

Sen. Durbin, Richard J. [D-IL

2013-12-11

Senate - 06/04/2014 Committee on Banking, Housing, and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection. Hearings held. With printed Hearing: S.Hrg. 113-445. (All Actions) Tracker: This bill has the status IntroducedHere are the steps for Status of Legislation:

13 CFR 120.954 - Central Servicing Agent.

Code of Federal Regulations, 2013 CFR

2013-01-01

... the orderly flow of funds among Borrowers, CDCs, and SBA. The CDC and Borrower must enter into an individual Servicing Agent Agreement with the CSA for each 504 loan, constituting acceptance by the CDC and... loan. At SBA's direction, the CSA must pay to the CDC servicing each loan the interest accruing in the...

13 CFR 120.954 - Central Servicing Agent.

Code of Federal Regulations, 2014 CFR

2014-01-01

... the orderly flow of funds among Borrowers, CDCs, and SBA. The CDC and Borrower must enter into an individual Servicing Agent Agreement with the CSA for each 504 loan, constituting acceptance by the CDC and... loan. At SBA's direction, the CSA must pay to the CDC servicing each loan the interest accruing in the...

13 CFR 120.954 - Central Servicing Agent.

Code of Federal Regulations, 2011 CFR

2011-01-01

... the orderly flow of funds among Borrowers, CDCs, and SBA. The CDC and Borrower must enter into an individual Servicing Agent Agreement with the CSA for each 504 loan, constituting acceptance by the CDC and... loan. At SBA's direction, the CSA must pay to the CDC servicing each loan the interest accruing in the...

13 CFR 120.954 - Central Servicing Agent.

Code of Federal Regulations, 2010 CFR

2010-01-01

... the orderly flow of funds among Borrowers, CDCs, and SBA. The CDC and Borrower must enter into an individual Servicing Agent Agreement with the CSA for each 504 loan, constituting acceptance by the CDC and... loan. At SBA's direction, the CSA must pay to the CDC servicing each loan the interest accruing in the...

13 CFR 120.954 - Central Servicing Agent.

Code of Federal Regulations, 2012 CFR

2012-01-01

... the orderly flow of funds among Borrowers, CDCs, and SBA. The CDC and Borrower must enter into an individual Servicing Agent Agreement with the CSA for each 504 loan, constituting acceptance by the CDC and... loan. At SBA's direction, the CSA must pay to the CDC servicing each loan the interest accruing in the...

13 CFR 120.223 - Subsidy recoupment fee payable to SBA by Borrower.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false Subsidy recoupment fee payable to SBA by Borrower. 120.223 Section 120.223 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION BUSINESS LOANS Policies Specific to 7(a) Loans Fees for Guaranteed Loans § 120.223 Subsidy recoupment fee...

13 CFR 123.204 - How much can your business borrow for post-disaster mitigation?

Code of Federal Regulations, 2010 CFR

2010-01-01

... for post-disaster mitigation? 123.204 Section 123.204 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Physical Disaster Business Loans § 123.204 How much can your business borrow... approved physical disaster business loan to repair or replace your damaged business real estate and other...

13 CFR 120.971 - Allowable fees paid by Borrower.

Code of Federal Regulations, 2012 CFR

2012-01-01

... Development Company Loan Program (504) Fees § 120.971 Allowable fees paid by Borrower. (a) CDC fees. The fees a CDC may charge the Borrower in connection with a 504 loan and Debenture are limited to the following: (1) Processing fee. The CDC may charge up to 1.5 percent of the net Debenture proceeds to process...

13 CFR 120.971 - Allowable fees paid by Borrower.

Code of Federal Regulations, 2014 CFR

2014-01-01

... Development Company Loan Program (504) Fees § 120.971 Allowable fees paid by Borrower. (a) CDC fees. The fees a CDC may charge the Borrower in connection with a 504 loan and Debenture are limited to the following: (1) Processing fee. The CDC may charge up to 1.5 percent of the net Debenture proceeds to process...

13 CFR 120.971 - Allowable fees paid by Borrower.

Code of Federal Regulations, 2011 CFR

2011-01-01

... Development Company Loan Program (504) Fees § 120.971 Allowable fees paid by Borrower. (a) CDC fees. The fees a CDC may charge the Borrower in connection with a 504 loan and Debenture are limited to the following: (1) Processing fee. The CDC may charge up to 1.5 percent of the net Debenture proceeds to process...

13 CFR 120.971 - Allowable fees paid by Borrower.

Code of Federal Regulations, 2010 CFR

2010-01-01

... Development Company Loan Program (504) Fees § 120.971 Allowable fees paid by Borrower. (a) CDC fees. The fees a CDC may charge the Borrower in connection with a 504 loan and Debenture are limited to the following: (1) Processing fee. The CDC may charge up to 1.5 percent of the net Debenture proceeds to process...

13 CFR 120.971 - Allowable fees paid by Borrower.

Code of Federal Regulations, 2013 CFR

2013-01-01

... Development Company Loan Program (504) Fees § 120.971 Allowable fees paid by Borrower. (a) CDC fees. The fees a CDC may charge the Borrower in connection with a 504 loan and Debenture are limited to the following: (1) Processing fee. The CDC may charge up to 1.5 percent of the net Debenture proceeds to process...

7 CFR 1950.104 - Borrower owing FmHA or its successor agency under Public Law 103-354 loans which are secured by...

Code of Federal Regulations, 2011 CFR

2011-01-01

... Public Law 103-354 loans which are secured by real estate. 1950.104 Section 1950.104 Agriculture... owing FmHA or its successor agency under Public Law 103-354 loans which are secured by real estate... borrowers with FmHA or its successor agency under Public Law 103-354 loans secured by real estate who may...

Financial sustainability in savings and credit programmes.

PubMed

Havers, M

1996-05-01

This article provides a framework for determining, justifying, and improving financial sustainability of savings and credit programs. Credit programs have income from interest and fees. Income must pay for the cost of funds, loan write-offs, operating costs, and inflation. Reference is made to Otero and Rhyne's four levels of self-sufficiency in credit programs. The Grameen Bank is an example of Level 3 and most credit unions are level 4. Nongovernmental groups in the United Kingdom are level 1 or 2. Experience has shown that removal of subsidies did not affect the quality of services or shift benefits away from the poor. Success in serving poorer people better is attributed 1) to more money being available for lending under tighter management practices, 2) to greater openness to a variety of clients from removal of subsidy restrictions, 3) to a shift to higher interest rates that eliminate richer borrowers, and 4) to a shift to serious collection of loans which is a disincentive to more privileged borrowers. Percentages of loan loss, administration costs, cost of funds, and inflation are useful in measuring the sustainability of credit programs. Interest and fee income must also be measured. Fee repayment rates do not have a common definition of arrears, default, and write-off. A simple measure is the percentage of total costs covered by income. The World Bank recommends the Subsidy Dependence Index. Women tend to be better at repaying loans. Loan size should be related to borrowers' ability to handle the amount of the loan. Low and subsidized interest rates deter depositors and attract richer borrowers. Poorer borrowers are attracted by access to credit and not the cost of credit. Interest rates should be based on market rates. The loan payment should be no longer than necessary. Small groups of borrowers can guarantee each others loans. Group-based loan schemes work best. NGOs must project an image of being serious about loan collections and must take action immediately when a payment is missed. Good repayers should be rewarded with quick repeat loans.

Boon or bane: 401(k) loans and employee contributions.

PubMed

Wenger, Jeffrey B; Weller, Christian E

2014-09-01

Economic and behavioral theories arrive at different conclusions about the effect of being allowed to borrow from one's defined-contribution (DC) retirement plan on people's contributions to DC plans. Traditional life-cycle models unambiguously suggest that the borrowing option makes people better off than not being able to borrow. Households consequently contribute more to their DC plans than they would absent the borrowing option. Previous research finds that the ability to borrow from a DC plan increases contemporaneous contributions, consistent with traditional models. Behavioral finance, in contrast, suggests that some workers may operate with nonlinear time discounting. They plan on saving more in the future but change their mind and save less than initially planned as time passes. These workers may enjoy higher lifetime utility if they have no loan option because DC plans serve as commitment devices for retirement saving. The money cannot be used prior to retirement. Absent this commitment device, contributions may be lower for some households than would be the case without a DC loan option. We study DC plan contributions for households with heterogeneous preferences about discounting. We separate households into those that demonstrate inconsistent (or paradoxical) borrowing behavior, which may reflect nonlinear time discounting, and those with more consistent borrowing behavior. We find that a DC loan option raises current savings, but does so more for households with consistent borrowing behavior than for those with inconsistent borrowing behavior. © The Author(s) 2013.

The Achiever. Volume 3, Number 11.

ERIC Educational Resources Information Center

Ashby, Nicole, Ed.

2004-01-01

This biweekly newsletter contains news and information about school improvement in the United States, designed expressly for parents and families. This issue highlights federal student loan interest rates, which have dropped to 3.37 percent, the lowest in nearly 35 years, saving money for millions of borrowers.

42 CFR 60.39 - Death and disability claims.

Code of Federal Regulations, 2010 CFR

2010-10-01

... 42 Public Health 1 2010-10-01 2010-10-01 false Death and disability claims. 60.39 Section 60.39... ASSISTANCE LOAN PROGRAM The Lender and Holder § 60.39 Death and disability claims. (a) Death. The Secretary... death of the borrower. The holder of the loan may not attempt to collect on the loan from the borrower's...

42 CFR 60.39 - Death and disability claims.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 42 Public Health 1 2014-10-01 2014-10-01 false Death and disability claims. 60.39 Section 60.39... ASSISTANCE LOAN PROGRAM The Lender and Holder § 60.39 Death and disability claims. (a) Death. The Secretary... death of the borrower. The holder of the loan may not attempt to collect on the loan from the borrower's...

42 CFR 60.39 - Death and disability claims.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 42 Public Health 1 2013-10-01 2013-10-01 false Death and disability claims. 60.39 Section 60.39... ASSISTANCE LOAN PROGRAM The Lender and Holder § 60.39 Death and disability claims. (a) Death. The Secretary... death of the borrower. The holder of the loan may not attempt to collect on the loan from the borrower's...

42 CFR 60.39 - Death and disability claims.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 42 Public Health 1 2012-10-01 2012-10-01 false Death and disability claims. 60.39 Section 60.39... ASSISTANCE LOAN PROGRAM The Lender and Holder § 60.39 Death and disability claims. (a) Death. The Secretary... death of the borrower. The holder of the loan may not attempt to collect on the loan from the borrower's...

42 CFR 60.39 - Death and disability claims.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 42 Public Health 1 2011-10-01 2011-10-01 false Death and disability claims. 60.39 Section 60.39... ASSISTANCE LOAN PROGRAM The Lender and Holder § 60.39 Death and disability claims. (a) Death. The Secretary... death of the borrower. The holder of the loan may not attempt to collect on the loan from the borrower's...

12 CFR 617.7130 - What initial disclosures must a qualified lender make to a borrower?

Code of Federal Regulations, 2010 CFR

2010-01-01

... CREDIT SYSTEM BORROWER RIGHTS Disclosure of Effective Interest Rates § 617.7130 What initial disclosures... must disclose in writing: (1) The interest rate on the loan; (2) The effective interest rate of the... connection with the loan and included in the calculation of the effective interest rate of the loan; (4) All...

13 CFR 123.204 - How much can your business borrow for post-disaster mitigation?

Code of Federal Regulations, 2011 CFR

2011-01-01

... for post-disaster mitigation? 123.204 Section 123.204 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Physical Disaster Business Loans § 123.204 How much can your business borrow... can request an increase in the approved physical disaster business loan by the lesser of the cost of...

13 CFR 123.204 - How much can your business borrow for post-disaster mitigation?

Code of Federal Regulations, 2014 CFR

2014-01-01

... for post-disaster mitigation? 123.204 Section 123.204 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Physical Disaster Business Loans § 123.204 How much can your business borrow... can request an increase in the approved physical disaster business loan by the lesser of the cost of...

13 CFR 123.107 - How much can I borrow for post-disaster mitigation for my home?

Code of Federal Regulations, 2010 CFR

2010-01-01

...-disaster mitigation for my home? 123.107 Section 123.107 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Home Disaster Loans § 123.107 How much can I borrow for post-disaster... disaster loan to repair or replace your damaged primary residence and personal property. [67 FR 62337, Oct...

13 CFR 123.204 - How much can your business borrow for post-disaster mitigation?

Code of Federal Regulations, 2012 CFR

2012-01-01

... for post-disaster mitigation? 123.204 Section 123.204 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Physical Disaster Business Loans § 123.204 How much can your business borrow... can request an increase in the approved physical disaster business loan by the lesser of the cost of...

13 CFR 123.204 - How much can your business borrow for post-disaster mitigation?

Code of Federal Regulations, 2013 CFR

2013-01-01

... for post-disaster mitigation? 123.204 Section 123.204 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Physical Disaster Business Loans § 123.204 How much can your business borrow... can request an increase in the approved physical disaster business loan by the lesser of the cost of...

7 CFR 1786.168 - Borrowers who prepaid under this part prior to October 21, 1992.

Code of Federal Regulations, 2010 CFR

2010-01-01

... the date of enactment of Public Law 102-428 (106 Stat. 2183) on October 21, 1992, at a discount rate... INSURED LOANS TO ELECTRIC AND TELEPHONE BORROWERS Discounted Prepayments on RUS Electric Loans § 1786.168...) The amount (if any) by which the discount the borrower received by reason of the prepayment exceeds...

12 CFR 617.7110 - How should a qualified lender disclose the cost of borrower stock or participation certificates?

Code of Federal Regulations, 2010 CFR

2010-01-01

... loan transaction. For subsequent loans to existing borrowers, only the cost of new stock or... 12 Banks and Banking 6 2010-01-01 2010-01-01 false How should a qualified lender disclose the cost....7110 How should a qualified lender disclose the cost of borrower stock or participation certificates...

7 CFR Appendix B to Subpart C of... - FSA-2510, Notice of Availability of Loan Servicing to Borrowers Who Are 90 Days Past Due

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 7 2010-01-01 2010-01-01 false FSA-2510, Notice of Availability of Loan Servicing to Borrowers Who Are 90 Days Past Due B Appendix B to Subpart C of Part 766 Agriculture Regulations of the... LOAN SERVICING-SPECIAL Loan Servicing Programs Pt. 766, Subpt. C, App. B Appendix B to Subpart C of...

7 CFR Appendix B to Subpart C of... - FSA-2510, Notice of Availability of Loan Servicing to Borrowers Who Are 90 Days Past Due

Code of Federal Regulations, 2011 CFR

2011-01-01

... 7 Agriculture 7 2011-01-01 2011-01-01 false FSA-2510, Notice of Availability of Loan Servicing to Borrowers Who Are 90 Days Past Due B Appendix B to Subpart C of Part 766 Agriculture Regulations of the... LOAN SERVICING-SPECIAL Loan Servicing Programs Pt. 766, Subpt. C, App. B Appendix B to Subpart C of...

Trends in Student Aid, 2014. Trends in Higher Education Series

ERIC Educational Resources Information Center

Baum, Sandy; Elliott, Diane Cardenas; Ma, Jennifer; Bell, D'Wayne

2014-01-01

After increasing by 18% (in inflation-adjusted dollars) between 2007-08 and 2010-11, the total amount students borrowed in federal and non-federal education loans declined by 13% between 2010-11 and 2013-14. Growth in full-time equivalent (FTE) postsecondary enrollment of 16% over the first three years, followed by a decline of 4% over the next…

Annual NASSGP/NCHELP Research Network Conference Proceedings (5th, Denver, Colorado, May 25-27, 1988).

ERIC Educational Resources Information Center

Webster, Jeff, Ed.

This volume presents papers from a 1988 conference on collegiate student financial aid which focused on trends in the cost of higher education, student loan defaults, trends in borrowing, the impact of congressional legislation, and state-level financial aid research. The papers are grouped in five sections corresponding to the five topics, and…

On rising medical student debt: in for a penny, in for a pound.

PubMed

Kassebaum, D G; Szenas, P L; Schuchert, M K

1996-10-01

Using national databases of the Association of American Medical Colleges, the authors have examined reasons for the rising indebtedness of U.S. medical students, looking across the past decade at the influence of tuition and fees (tuition-fees) alone and the total costs of attending school, the effects of the changing demographics of medical school enrollments and lengthened graduation times, the relationship between the availability of school-funded scholarships and the amount of student loan disbursements, the pattern of student financial aid, and the reliance on borrowing to cover the costs of medical education. In constant dollars, the average indebtedness of students graduating from public schools increased 59.2% between 1985 and 1995, and that for graduates of private schools increased 64.2%. The fraction of graduates bringing debt with them when they entered medical school declined from 42.1% in 1985 to 33.6% in 1995. Premedical debt as a fraction of total debt declined at public schools from 9% in 1985 to 7% in 1995, and at private schools from 7.8% in 1985 to 5.9% in 1995. For public schools, tuition-fees increased 60.1% between 1985 and 1995, and average medical school debt increased 60.9%; for private schools, tuition-fees increased 30.1% over that period, while average medical school debt increased 66.2%. On average, public school graduates accrued debt greater than their four-year tuition-fee payments, while the average debt accrued by private school graduates was less than tuition-fee amounts. In 1995, graduates of public schools had debt accumulations representing 62% of the average total cost of attendance (tuition, fees, books, supplies, equipment, and living expenses), and the indebtedness of private school graduates was 55% of the average total cost, findings suggesting that total costs were the stronger driver of the amounts borrowed. On a national scale, the influences on medical school debt of longer graduation times, the growing number of women students, greater racial-ethnic diversity, and the admission of more older students age were negligible or small. The average parental income, adjusted to constant dollars, actually increased between 1985 and 1995. For public schools, the aggregate amounts of student aid have climbed at a steeper rate than schools' tuition-fee revenues during the past decade. For public schools, tuition-fee revenues rose 66.7% between 1985 and 1995, while the amount of loans to students at public schools increased 92.7%. For private schools, tuition-fee revenues went up 36.5%, and the amount of loans to students rose 57.9% during the same period. Federal Stafford Loans represented the major financing source, increasing from 71.5% of public schools' tuition-fee revenue in 1985 to 92.2% in 1995, and from 23% of private schools' tuition-fee revenue in 1985 to 38% in 1995. Over the decade, scholarship support kept pace with tuition-fee increases at public schools, but lagged behind the increases at private schools. The recent escalation of student debt has coincided with the lifting of the federal loan borrowing limits under the Higher Education Act. In parallel, entering medical students have declared their intentions to rely more heavily on loans as a means of financing. These findings, although based on national data and trends, provide a framework for exploration of the factors affecting educational costs and financing at individual medical schools. The importance of doing so is mounting, as students may be throwing caution to the winds in the more favorable climate for borrowing, ignoring indicators of changing practice opportunities and incomes ahead.

42 CFR 60.11 - Terms of repayment.

Code of Federal Regulations, 2010 CFR

2010-10-01

...-time student at a HEAL school. The 9-month period before the repayment period begins is popularly... Public Health. (viii) American College of Veterinary Surgeons. (ix) Council on Chiropractic Education. (b... loan at any time without penalty. (d) Minimum annual payment. During each year of repayment, a borrower...

34 CFR 682.507 - Due diligence in collecting a loan.

Code of Federal Regulations, 2011 CFR

2011-07-01

... Consolidation loan as co-makers, the lender must follow these procedures with respect to both borrowers. (3) For... date of delivery of the notice described in paragraph (f)(2)(ii) of this section to the borrower or...

13 CFR 120.1881 - How are payments on the Collateral allocated between the SISMBD borrower and repayment of the...

Code of Federal Regulations, 2010 CFR

2010-01-01

... are payments on the Collateral allocated between the SISMBD borrower and repayment of the SISMBD Loan? Unless otherwise provided in the Loan Agreements for a particular SISMBD Loan, any payment on Collateral... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false How are payments on the Collateral...

13 CFR 123.107 - How much can I borrow for post-disaster mitigation for my home?

Code of Federal Regulations, 2011 CFR

2011-01-01

...-disaster mitigation for my home? 123.107 Section 123.107 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Home Disaster Loans § 123.107 How much can I borrow for post-disaster... that the approved home disaster loan amount be increased by the lesser of the cost of the mitigation...

13 CFR 123.107 - How much can I borrow for post-disaster mitigation for my home?

Code of Federal Regulations, 2012 CFR

2012-01-01

...-disaster mitigation for my home? 123.107 Section 123.107 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Home Disaster Loans § 123.107 How much can I borrow for post-disaster... that the approved home disaster loan amount be increased by the lesser of the cost of the mitigation...

13 CFR 123.107 - How much can I borrow for post-disaster mitigation for my home?

Code of Federal Regulations, 2014 CFR

2014-01-01

...-disaster mitigation for my home? 123.107 Section 123.107 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Home Disaster Loans § 123.107 How much can I borrow for post-disaster... that the approved home disaster loan amount be increased by the lesser of the cost of the mitigation...

13 CFR 123.107 - How much can I borrow for post-disaster mitigation for my home?

Code of Federal Regulations, 2013 CFR

2013-01-01

...-disaster mitigation for my home? 123.107 Section 123.107 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION DISASTER LOAN PROGRAM Home Disaster Loans § 123.107 How much can I borrow for post-disaster... that the approved home disaster loan amount be increased by the lesser of the cost of the mitigation...

Early Medicaid Expansion Associated With Reduced Payday Borrowing In California.

PubMed

Allen, Heidi; Swanson, Ashley; Wang, Jialan; Gross, Tal

2017-10-01

We examined the impact of California's early Medicaid expansion under the Affordable Care Act on the use of payday loans, a form of high-interest borrowing used by low- and middle-income Americans. Using a data set for the period 2009-13 (roughly twenty-four months before and twenty-four months after the 2011-12 Medicaid expansion) that covered the universe of payday loans from five large payday lenders with locations around the United States, we used a difference-in-differences research design to assess the effect of the expansion on payday borrowing, comparing trends in early-expansion counties in California to those in counties nationwide that did not expand early. The early Medicaid expansion was associated with an 11 percent reduction in the number of loans taken out each month. It also reduced the number of unique borrowers each month and the amount of payday loan debt. We were unable to determine precisely how and for whom the expansion reduced payday borrowing, since to our knowledge, no data exist that directly link payday lending to insurance status. Nonetheless, our results suggest that Medicaid reduced the demand for high-interest loans and improved the financial health of American families. Project HOPE—The People-to-People Health Foundation, Inc.

34 CFR 674.33 - Repayment.

Code of Federal Regulations, 2010 CFR

2010-07-01

... relation to the institution's share of the compromise repayment as the Federal capital contribution to the... of study for which the loan was made because the school at which the borrower was enrolled closed... the program of study at that school because the school closed while the student was enrolled, or the...

Chronicle of Higher Education. Volume 51, Number 15, December 3, 2004

ERIC Educational Resources Information Center

Chronicle of Higher Education, 2004

2004-01-01

"Chronicle of Higher Education" presents an abundant source of news and information for college and university faculty members and administrators. This December 3, 2004 issue of "Chronicle for Higher Education" includes the following articles: (1) "For Student-Loan Borrowers, Good Credit Where It's Due" (Gross,…

42 CFR 57.210 - Repayment and collection of health professions student loans.

Code of Federal Regulations, 2010 CFR

2010-10-01

... forbearance whenever extraordinary circumstances such as unemployment, poor health or other personal problems... responsibilities associated with HPSL funds and personal information which would assist in locating the borrower if... responsibilities associated with HPSL funds, and update the personal information collected prior to disbursing HPSL...

42 CFR 57.210 - Repayment and collection of health professions student loans.

Code of Federal Regulations, 2011 CFR

2011-10-01

... forbearance whenever extraordinary circumstances such as unemployment, poor health or other personal problems... responsibilities associated with HPSL funds and personal information which would assist in locating the borrower if... responsibilities associated with HPSL funds, and update the personal information collected prior to disbursing HPSL...

Science Library User Survey Report, University of California, Santa Cruz.

ERIC Educational Resources Information Center

Wei, Wei

A survey of 136 science faculty, graduate, and undergraduate students, and focus group interviews, provided perceptions and input to be used to rethink the science library's organizational structure and services. Users felt the following to be important library services: consulting the Melvyl databases; borrowing books; interlibrary loan services;…

Cost-Benefit Analysis of Forbearances. Executive Summary.

ERIC Educational Resources Information Center

USA Group, Inc., Indianapolis, IN.

This report presents findings and recommendations resulting from a study on the costs and benefits of a Department of Education policy of encouraging lenders of student loans to grant forbearances to borrowers who experience temporary financial hardship but do not satisfy the specific conditions required for government-prescribed deferments. The…

U.S. Officials Scrutinize Colleges' Deals with Lenders

ERIC Educational Resources Information Center

Field, Kelly

2007-01-01

In December 2005, purchasing agents at Florida International University issued a request for proposals seeking banks and student-loan companies for a list of "preferred lenders" that the university planned to give to prospective borrowers. The request alone was not unusual. Many colleges use competitive bidding to secure attractive terms…

25 CFR 103.26 - What must the borrower supply the lender in its loan application?

Code of Federal Regulations, 2011 CFR

2011-04-01

... values and the method(s) of valuation; (j) A detailed list of all proposed hazard, liability, key man... amount and offer the proposed loan collateral; and (m) If the borrower is a business entity, resolutions...

13 CFR 120.911 - Land contributions.

Code of Federal Regulations, 2012 CFR

2012-01-01

... 13 Business Credit and Assistance 1 2012-01-01 2012-01-01 false Land contributions. 120.911 Section 120.911 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION BUSINESS LOANS Development Company Loan Program (504) The Borrower's Contribution § 120.911 Land contributions. The Borrower's...

13 CFR 120.911 - Land contributions.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 13 Business Credit and Assistance 1 2013-01-01 2013-01-01 false Land contributions. 120.911 Section 120.911 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION BUSINESS LOANS Development Company Loan Program (504) The Borrower's Contribution § 120.911 Land contributions. The Borrower's...

13 CFR 120.911 - Land contributions.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 13 Business Credit and Assistance 1 2014-01-01 2014-01-01 false Land contributions. 120.911 Section 120.911 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION BUSINESS LOANS Development Company Loan Program (504) The Borrower's Contribution § 120.911 Land contributions. The Borrower's...

13 CFR 120.911 - Land contributions.

Code of Federal Regulations, 2011 CFR

2011-01-01

... 13 Business Credit and Assistance 1 2011-01-01 2011-01-01 false Land contributions. 120.911 Section 120.911 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION BUSINESS LOANS Development Company Loan Program (504) The Borrower's Contribution § 120.911 Land contributions. The Borrower's...

13 CFR 120.911 - Land contributions.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false Land contributions. 120.911 Section 120.911 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION BUSINESS LOANS Development Company Loan Program (504) The Borrower's Contribution § 120.911 Land contributions. The Borrower's...

7 CFR Exhibit E to Subpart K of... - Guide Letter to Delinquent FmHA or Its Successor Agency Under Public Law 103-354 Single Family...

Code of Federal Regulations, 2011 CFR

2011-01-01

... Agency Under Public Law 103-354 Single Family Housing Loan Borrowers E Exhibit E to Subpart K of Part... Agency Under Public Law 103-354 Single Family Housing Loan Borrowers Dear (name of borrower): This is to.... Their counseling services include advice on debt levels and credit purchases, consumer and cost...

34 CFR 682.607 - Payment of a refund or a return of title IV, HEA program funds to a lender upon a student's...

Code of Federal Regulations, 2013 CFR

2013-07-01

... transferred and the school knows the new holder's identity; and (2) Must provide simultaneous written notice... student's withdrawal for an academic period that is allocable to a FFEL loan received by the borrower for that academic period, the school must follow the procedures established in part 668 for allocating a...

34 CFR 682.607 - Payment of a refund or a return of title IV, HEA program funds to a lender upon a student's...

Code of Federal Regulations, 2011 CFR

2011-07-01

... transferred and the school knows the new holder's identity; and (2) Must provide simultaneous written notice... student's withdrawal for an academic period that is allocable to a FFEL loan received by the borrower for that academic period, the school must follow the procedures established in part 668 for allocating a...

34 CFR 682.607 - Payment of a refund or a return of title IV, HEA program funds to a lender upon a student's...

Code of Federal Regulations, 2012 CFR

2012-07-01

... transferred and the school knows the new holder's identity; and (2) Must provide simultaneous written notice... student's withdrawal for an academic period that is allocable to a FFEL loan received by the borrower for that academic period, the school must follow the procedures established in part 668 for allocating a...

Balancing Passion and Practicality: The Role of Debt and Major on Students' Financial Outcomes. A Report to the 83rd Regular Session of the Texas Legislature

ERIC Educational Resources Information Center

Neal, Micki; Fletcher, Carla; Shook, Melissa; Webster, Jeff

2012-01-01

As the cost and importance of education continue to rise, more college students across the U.S. begin their postsecondary education by signing a contract to repay an ever-increasing amount of student loan debt. Conventional wisdom maintains that borrowing for college is an investment in the future that should be deemed "good debt". Data…

13 CFR 120.912 - Borrowed contributions.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false Borrowed contributions. 120.912 Section 120.912 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION BUSINESS LOANS Development... Loan unless SBA gives prior written approval. A third party lender may not receive voting rights, stock...

7 CFR 1962.3 - Authorities and responsibilities.

Code of Federal Regulations, 2013 CFR

2013-01-01

... is not on the farm, the loan will be serviced by the County Office serving the County in which the... BUSINESS-COOPERATIVE SERVICE, RURAL UTILITIES SERVICE, AND FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE.... (2) Borrower. The borrower is responsible for repaying the loans, maintaining, protecting, and...

7 CFR 1962.3 - Authorities and responsibilities.

Code of Federal Regulations, 2012 CFR

2012-01-01

... is not on the farm, the loan will be serviced by the County Office serving the County in which the... BUSINESS-COOPERATIVE SERVICE, RURAL UTILITIES SERVICE, AND FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE.... (2) Borrower. The borrower is responsible for repaying the loans, maintaining, protecting, and...

7 CFR 1950.103 - Borrower owing FmHA or its successor agency under Public Law 103-354 loans which are secured by...

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 14 2010-01-01 2009-01-01 true Borrower owing FmHA or its successor agency under... owing FmHA or its successor agency under Public Law 103-354 loans which are secured by chattels. (a... actions to take in connection with the FmHA or its successor agency under Public Law 103-354 loan...

7 CFR 1950.103 - Borrower owing FmHA or its successor agency under Public Law 103-354 loans which are secured by...

Code of Federal Regulations, 2011 CFR

2011-01-01

... 7 Agriculture 14 2011-01-01 2011-01-01 false Borrower owing FmHA or its successor agency under... owing FmHA or its successor agency under Public Law 103-354 loans which are secured by chattels. (a... actions to take in connection with the FmHA or its successor agency under Public Law 103-354 loan...

A lender that banks on people. Building credit and communities in New England.

PubMed

Reardon, C

1992-01-01

By extending credit to small struggling businesses, microlending has fostered economic development in many areas of the world where agriculture and industry can employ only a small fraction of the work force. An inventive lending program in New Hampshire (US), Working Capital, extends small amounts of credit to low-income entrepreneurs who would not qualify for conventional financing. Interested business owners form their own "borrowing groups" and approve or reject each other's loan applications. Borrowers who repay qualify for increasingly larger loans of up to US$5000 at roughly the market interest rate. In 2 years of operation, Working Capital has loaned US$200,000 to 200 small businesses in New Hampshire, Massachusetts, and Vermont. To date, only 16 borrowers have failed to repay their loans.

78 FR 72951 - Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Order Approving...

Federal Register 2010, 2011, 2012, 2013, 2014

2013-12-04

... To Adopt FINRA Rules 4314 (Securities Loans and Borrowings), 4330 (Customer Protection--Permissible Use of Customers' Securities) and 4340 (Callable Securities) in the Consolidated FINRA Rulebook, as... loans and borrowings, permissible use of customers' securities, and callable securities as FINRA Rules...

7 CFR 1735.51 - Required findings.

Code of Federal Regulations, 2010 CFR

2010-01-01

... proposed loan and construction on the ratio of the borrower's secured debt to assets. (5) Projected growth... market value of the borrower's assets as represented in its financial reports to RUS. (9) Appropriate financial and managerial controls included in the loan documents. (10) Other factors determined to be...

7 CFR 766.52 - Eligibility.

Code of Federal Regulations, 2012 CFR

2012-01-01

... borrower's actual production, income and expense records for the year the natural disaster occurred; (ii... expenses incurred because of the natural disaster. (5) For the next production cycle, the borrower must... special servicing action under this part to the loan since the natural disaster occurred. (5) For any loan...

7 CFR 766.52 - Eligibility.

Code of Federal Regulations, 2011 CFR

2011-01-01

... borrower's actual production, income and expense records for the year the natural disaster occurred; (ii... expenses incurred because of the natural disaster. (5) For the next production cycle, the borrower must... special servicing action under this part to the loan since the natural disaster occurred. (5) For any loan...

7 CFR 766.52 - Eligibility.

Code of Federal Regulations, 2014 CFR

2014-01-01

... borrower's actual production, income and expense records for the year the natural disaster occurred; (ii... expenses incurred because of the natural disaster. (5) For the next production cycle, the borrower must... special servicing action under this part to the loan since the natural disaster occurred. (5) For any loan...

7 CFR 766.52 - Eligibility.

Code of Federal Regulations, 2010 CFR

2010-01-01

... borrower's actual production, income and expense records for the year the natural disaster occurred; (ii... expenses incurred because of the natural disaster. (5) For the next production cycle, the borrower must... special servicing action under this part to the loan since the natural disaster occurred. (5) For any loan...

7 CFR 766.52 - Eligibility.

Code of Federal Regulations, 2013 CFR

2013-01-01

... borrower's actual production, income and expense records for the year the natural disaster occurred; (ii... expenses incurred because of the natural disaster. (5) For the next production cycle, the borrower must... special servicing action under this part to the loan since the natural disaster occurred. (5) For any loan...

7 CFR 1980.470 - Defaults by borrower.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 14 2010-01-01 2009-01-01 true Defaults by borrower. 1980.470 Section 1980.470...) PROGRAM REGULATIONS (CONTINUED) GENERAL Business and Industrial Loan Program § 1980.470 Defaults by... property management. A. In case of any monetary or significant non-monetary default under the loan...

7 CFR 1735.22 - Loan security.

Code of Federal Regulations, 2014 CFR

2014-01-01

... that do not constitute self-contained operating systems or units (such as lines switched by other systems), the borrower shall, in addition to the mortgage lien on all of the borrower's telephone... entire system, including the facilities to be constructed with the proceeds of the loan, is economically...

7 CFR 1735.22 - Loan security.

Code of Federal Regulations, 2013 CFR

2013-01-01

... that do not constitute self-contained operating systems or units (such as lines switched by other systems), the borrower shall, in addition to the mortgage lien on all of the borrower's telephone... entire system, including the facilities to be constructed with the proceeds of the loan, is economically...

7 CFR 1735.22 - Loan security.

Code of Federal Regulations, 2012 CFR

2012-01-01

... that do not constitute self-contained operating systems or units (such as lines switched by other systems), the borrower shall, in addition to the mortgage lien on all of the borrower's telephone... entire system, including the facilities to be constructed with the proceeds of the loan, is economically...

Borrow or Serve? An Economic Analysis of Options for Financing a Medical School Education

PubMed Central

Marcu, Mircea I.; Hunter, Christine; Curtis, Jerri; Rice, Charles; Wilensky, Gail R.

2017-01-01

Purpose To understand the long-term economic implications of key pathways for financing a medical school education. Method The authors calculated the net present value (NPV) of cash flow over a 30-year career for a 2013 matriculant associated with (1) self-financing, (2) federally guaranteed loans, (3) the Public Service Loan Forgiveness program, (4) the National Health Service Corps, (5) the Armed Forces Health Professions Scholarship Program, and (6) matriculation at the Uniformed Services University of the Health Sciences. They calculated the NPV for students pursuing one of four specialties in two cities with divergent tax policies. Borrowers were assumed to have a median level of debt ($180,000), and conservative projections of inflation, discount rates, and income growth were employed. Sensitivity analyses examined different discount and income growth rates, alternative repayment strategies, and various lengths of public-sector service by scholarship recipients. Results For those wealthy enough to pay cash or fortunate enough to secure a no-strings scholarship, self-financing produced the highest NPV in almost every scenario. Borrowers start practice $300,000 to $400,000 behind their peers who secure a national service scholarship, but those who enter a highly paid specialty, such as orthopedic surgery, overtake their national service counterparts 4 to 11 years after residency. Those in lower-paid specialties take much longer. Borrowers who enter primary care never close the gap. Conclusions Over time, the value of a medical degree offsets the high up-front cost. Debt avoidance confers substantial economic benefits, particularly for students interested in primary care. PMID:28121649

Borrow or Serve? An Economic Analysis of Options for Financing a Medical School Education.

PubMed

Marcu, Mircea I; Kellermann, Arthur L; Hunter, Christine; Curtis, Jerri; Rice, Charles; Wilensky, Gail R

2017-07-01

To understand the long-term economic implications of key pathways for financing a medical school education. The authors calculated the net present value (NPV) of cash flow over a 30-year career for a 2013 matriculant associated with (1) self-financing, (2) federally guaranteed loans, (3) the Public Service Loan Forgiveness program, (4) the National Health Service Corps, (5) the Armed Forces Health Professions Scholarship Program, and (6) matriculation at the Uniformed Services University of the Health Sciences. They calculated the NPV for students pursuing one of four specialties in two cities with divergent tax policies. Borrowers were assumed to have a median level of debt ($180,000), and conservative projections of inflation, discount rates, and income growth were employed. Sensitivity analyses examined different discount and income growth rates, alternative repayment strategies, and various lengths of public-sector service by scholarship recipients. For those wealthy enough to pay cash or fortunate enough to secure a no-strings scholarship, self-financing produced the highest NPV in almost every scenario. Borrowers start practice $300,000 to $400,000 behind their peers who secure a national service scholarship, but those who enter a highly paid specialty, such as orthopedic surgery, overtake their national service counterparts 4 to 11 years after residency. Those in lower-paid specialties take much longer. Borrowers who enter primary care never close the gap. Over time, the value of a medical degree offsets the high up-front cost. Debt avoidance confers substantial economic benefits, particularly for students interested in primary care.

34 CFR 682.410 - Fiscal, administrative, and enforcement requirements.

Code of Federal Regulations, 2010 CFR

2010-07-01

... default fees related to cancelled loans; (vii) Borrower refunds, including those arising out of student or... good cause, provide written permission for a payment that meets the other requirements of this... law or regulation at the time it was made, if the agency acted in good faith when it made the payment...

34 CFR 674.40 - Treatment of loan repayments where cancellation, loan repayments, and minimum monthly repayments...

Code of Federal Regulations, 2011 CFR

2011-07-01

... FEDERAL PERKINS LOAN PROGRAM Terms of Loans § 674.40 Treatment of loan repayments where cancellation, loan... by a postponement. (b) If a borrower has received Defense, NDSL, and Perkins loans and only one can...

34 CFR 674.40 - Treatment of loan repayments where cancellation, loan repayments, and minimum monthly repayments...

Code of Federal Regulations, 2010 CFR

2010-07-01

... FEDERAL PERKINS LOAN PROGRAM Terms of Loans § 674.40 Treatment of loan repayments where cancellation, loan... by a postponement. (b) If a borrower has received Defense, NDSL, and Perkins loans and only one can...

10 CFR 455.101 - Borrowing the non-Federal share/title to equipment.

Code of Federal Regulations, 2010 CFR

2010-01-01

....101 Section 455.101 Energy DEPARTMENT OF ENERGY ENERGY CONSERVATION GRANT PROGRAMS FOR SCHOOLS AND... borrowed funds, such as those provided by loans and performance contracts, even if such financing does not... financing and loan agreements and performance contracts under this section are subject to the requirements...

7 CFR 1710.302 - Financial forecasts-power supply borrowers.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 11 2010-01-01 2010-01-01 false Financial forecasts-power supply borrowers. 1710.302 Section 1710.302 Agriculture Regulations of the Department of Agriculture (Continued) RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE GENERAL AND PRE-LOAN POLICIES AND PROCEDURES COMMON TO ELECTRIC LOANS AND GUARANTEES Long-Range Financial...

7 CFR 1710.301 - Financial forecasts-distribution borrowers.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 11 2010-01-01 2010-01-01 false Financial forecasts-distribution borrowers. 1710.301 Section 1710.301 Agriculture Regulations of the Department of Agriculture (Continued) RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE GENERAL AND PRE-LOAN POLICIES AND PROCEDURES COMMON TO ELECTRIC LOANS AND GUARANTEES Long-Range Financial...

7 CFR 4280.125 - Terms of loan.

Code of Federal Regulations, 2011 CFR

2011-01-01

..., or the useful life, including major rebuilds and component replacement, whichever is less; (3... proceeds, the useful life of the assets being financed, and the borrower's ability to repay. (e) All loans... provided only after consideration is given to the borrower's overall credit quality and to the terms and...

7 CFR 4280.125 - Terms of loan.

Code of Federal Regulations, 2010 CFR

2010-01-01

..., or the useful life, including major rebuilds and component replacement, whichever is less; (3... proceeds, the useful life of the assets being financed, and the borrower's ability to repay. (e) All loans... provided only after consideration is given to the borrower's overall credit quality and to the terms and...

7 CFR 762.110 - Loan application.

Code of Federal Regulations, 2010 CFR

2010-01-01

... of debts over $1,000; (3) Three years financial history; (4) Three years of production history (for... normal course of business) in the applicant or borrower. (ii) The applicant or borrower, a relative of... to obtain a loan), or other principal owners of the lender have substantial business dealings (other...

78 FR 27178 - Submission for OMB Review; Comment Request

Federal Register 2010, 2011, 2012, 2013, 2014

2013-05-09

... Generation and Transmission cooperatives (G&T's) that generate or purchase power and transmit the power to the distribution systems. All RUS and G&T borrowers will enter into a Wholesale Power Contract with... the credit quality and credit worthiness of loans and loan guarantees to G&T borrowers. RUS works...

The Global Financial Crisis: Increasing IMF Resources and the Role of Congress

DTIC Science & Technology

2009-06-05

may borrow on concessional repayment terms from the Poverty Reduction and Growth Facility ( PRGF ) and the Exogenous Shocks Facility (ESF). To qualify...Association (IDA). Most borrowers have per capita income levels of about $865 a year. PRGF loans are intended to help low-income countries surmount BOP...or financial crises. Unlike SBA and other loans, however, conditionality for PRGF loans is based more on the economic strategies outlined in Poverty

7 CFR 1717.301 - Policy.

Code of Federal Regulations, 2011 CFR

2011-01-01

... in Rate Making in Connection With Power Supply Borrowers § 1717.301 Policy. (a) RUS makes and... condition to making or guaranteeing any loans to power supply borrowers, that the borrower enter into RUS... the power supply borrower to make payments on account of all indebtedness of the power supply borrower...

7 CFR 1717.301 - Policy.

Code of Federal Regulations, 2010 CFR

2010-01-01

... in Rate Making in Connection With Power Supply Borrowers § 1717.301 Policy. (a) RUS makes and... condition to making or guaranteeing any loans to power supply borrowers, that the borrower enter into RUS... the power supply borrower to make payments on account of all indebtedness of the power supply borrower...

7 CFR 1735.32 - Guaranteed loans.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 11 2010-01-01 2010-01-01 false Guaranteed loans. 1735.32 Section 1735.32 Agriculture... GENERAL POLICIES, TYPES OF LOANS, LOAN REQUIREMENTS-TELECOMMUNICATIONS PROGRAM Types of Loans § 1735.32 Guaranteed loans. (a) General. Loan guarantees under this section will be considered for only those borrowers...

34 CFR 682.301 - Eligibility of borrowers for interest benefits on Stafford and Consolidation loans.

Code of Federal Regulations, 2014 CFR

2014-07-01

... 34 Education 4 2014-07-01 2014-07-01 false Eligibility of borrowers for interest benefits on Stafford and Consolidation loans. 682.301 Section 682.301 Education Regulations of the Offices of the Department of Education (Continued) OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION (CONTINUED...

7 CFR 1710.203 - Requirement to prepare a load forecast-distribution borrowers.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 11 2010-01-01 2010-01-01 false Requirement to prepare a load forecast-distribution borrowers. 1710.203 Section 1710.203 Agriculture Regulations of the Department of Agriculture (Continued) RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE GENERAL AND PRE-LOAN POLICIES AND PROCEDURES COMMON TO ELECTRIC LOANS AND GUARANTEES Load...

7 CFR 1779.28 - Transfer of lenders or borrowers (prior to issuance of Loan Note Guarantee).

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 12 2010-01-01 2010-01-01 false Transfer of lenders or borrowers (prior to issuance of Loan Note Guarantee). 1779.28 Section 1779.28 Agriculture Regulations of the Department of Agriculture (Continued) RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE (CONTINUED) WATER AND WASTE...

34 CFR 682.211 - Forbearance.

Code of Federal Regulations, 2010 CFR

2010-07-01

... impact of capitalization of interest on the loan principal and total interest to be paid over the life of... § 682.402(f); (9) For a period of delinquency at the time a loan is sold or transferred, if the borrower... period of delinquency that may remain after a borrower ends a period of deferment or mandatory...

32 CFR 623.4 - Accounting procedures.

Code of Federal Regulations, 2012 CFR

2012-07-01

...) may be used subject to later reimbursement. Shipments to Boy Scout World Jamborees in foreign... officer actions. (i) At the end of a loan period, recall, or upon notice by the borrower that the loaned... accounts with the borrower at the end of each 12-month period. (2) If no discrepancies are noted, the...

34 CFR 682.507 - Due diligence in collecting a loan.

Code of Federal Regulations, 2010 CFR

2010-07-01

... of this section, the borrower's delinquency begins on the day after the due date of an installment... knowledge, the delinquency begins 30 days after the day the lender receives notice that the borrower has... the due diligence procedures in § 682.411 in collecting a Federal GSL loan. (b) Initial delinquency...

32 CFR 623.6 - Reimbursement for loan of Army materiel.

Code of Federal Regulations, 2012 CFR

2012-07-01

... 32 National Defense 3 2012-07-01 2009-07-01 true Reimbursement for loan of Army materiel. 623.6 Section 623.6 National Defense Department of Defense (Continued) DEPARTMENT OF THE ARMY SUPPLIES AND... billings and borrower reimbursement. The borrower can make payment directly to the Defense Stock Fund. (ii...

32 CFR 623.6 - Reimbursement for loan of Army materiel.

Code of Federal Regulations, 2014 CFR

2014-07-01

... 32 National Defense 3 2014-07-01 2014-07-01 false Reimbursement for loan of Army materiel. 623.6 Section 623.6 National Defense Department of Defense (Continued) DEPARTMENT OF THE ARMY SUPPLIES AND... billings and borrower reimbursement. The borrower can make payment directly to the Defense Stock Fund. (ii...

32 CFR 623.6 - Reimbursement for loan of Army materiel.

Code of Federal Regulations, 2011 CFR

2011-07-01

... 32 National Defense 3 2011-07-01 2009-07-01 true Reimbursement for loan of Army materiel. 623.6 Section 623.6 National Defense Department of Defense (Continued) DEPARTMENT OF THE ARMY SUPPLIES AND... billings and borrower reimbursement. The borrower can make payment directly to the Defense Stock Fund. (ii...

32 CFR 623.6 - Reimbursement for loan of Army materiel.

Code of Federal Regulations, 2013 CFR

2013-07-01

... 32 National Defense 3 2013-07-01 2013-07-01 false Reimbursement for loan of Army materiel. 623.6 Section 623.6 National Defense Department of Defense (Continued) DEPARTMENT OF THE ARMY SUPPLIES AND... billings and borrower reimbursement. The borrower can make payment directly to the Defense Stock Fund. (ii...

34 CFR 682.301 - Eligibility of borrowers for interest benefits on Stafford and Consolidation loans.

Code of Federal Regulations, 2010 CFR

2010-07-01

... 34 Education 3 2010-07-01 2010-07-01 false Eligibility of borrowers for interest benefits on Stafford and Consolidation loans. 682.301 Section 682.301 Education Regulations of the Offices of the Department of Education (Continued) OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION FEDERAL FAMILY...

Becoming successful entrepreneurs. Bangladesh. ADB supports pioneering family-based approach to provide micro-credit and skills training.

PubMed

Molitor, C

1996-01-01

The Thana Resource Development and Employment Project (TRDEP), built upon the successful experience of the Grameen Bank and other nongovernmental organizations, is a comprehensive poverty alleviation scheme implemented by the government of Bangladesh and targeted to the poorest segment of Bangladeshi society. The project provides soft loans to landless poor for income-generating activities involving non-crop livelihoods and trades. The loans are granted at an 18% interest rate including a 2% charge which goes into a risk fund. The poorest of poor are eligible to receive loans as long as each borrowing unit is a self-help group comprised of five members of one family and each member of the group assumes the responsibility of paying each other member's loan. Each member of a borrowing group may receive loans in the amount of Taka 3000-5000 (US$75-125). The loans are then repayable in 50 equal installments over the course of 1 year. One member's default disqualifies all other group members from receiving future credit until the default is cleared. TRDEP borrowers have started small, successful entrepreneurial activities with their loans as capital.

7 CFR 1951.263 - Graduation of non-Farm Credit programs borrowers.

Code of Federal Regulations, 2010 CFR

2010-01-01

... format if the borrower's financial situation is accurately reflected. The borrower has 60 days for group... graduate within 30 days for RH borrowers, and 90 days for group type borrowers, after the date of the... loan request. (4) The difference in interest rates between the Agency and other lenders will not be...

7 CFR 1951.264 - Action when borrower fails to cooperate, respond or graduate.

Code of Federal Regulations, 2011 CFR

2011-01-01

... 7 Agriculture 14 2011-01-01 2011-01-01 false Action when borrower fails to cooperate, respond or... Analyzing Credit Needs and Graduation of Borrowers § 1951.264 Action when borrower fails to cooperate, respond or graduate. (a) When borrowers with other than FCP loans fail to: (1) Provide information...

7 CFR 1951.264 - Action when borrower fails to cooperate, respond or graduate.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 14 2010-01-01 2009-01-01 true Action when borrower fails to cooperate, respond or... Analyzing Credit Needs and Graduation of Borrowers § 1951.264 Action when borrower fails to cooperate, respond or graduate. (a) When borrowers with other than FCP loans fail to: (1) Provide information...

7 CFR 1951.264 - Action when borrower fails to cooperate, respond or graduate.

Code of Federal Regulations, 2012 CFR

2012-01-01

... 7 Agriculture 14 2012-01-01 2012-01-01 false Action when borrower fails to cooperate, respond or... Analyzing Credit Needs and Graduation of Borrowers § 1951.264 Action when borrower fails to cooperate, respond or graduate. (a) When borrowers with other than FCP loans fail to: (1) Provide information...

7 CFR 1951.264 - Action when borrower fails to cooperate, respond or graduate.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 7 Agriculture 14 2014-01-01 2014-01-01 false Action when borrower fails to cooperate, respond or... Analyzing Credit Needs and Graduation of Borrowers § 1951.264 Action when borrower fails to cooperate, respond or graduate. (a) When borrowers with other than FCP loans fail to: (1) Provide information...

7 CFR 1951.264 - Action when borrower fails to cooperate, respond or graduate.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 7 Agriculture 14 2013-01-01 2013-01-01 false Action when borrower fails to cooperate, respond or... Analyzing Credit Needs and Graduation of Borrowers § 1951.264 Action when borrower fails to cooperate, respond or graduate. (a) When borrowers with other than FCP loans fail to: (1) Provide information...

Inequality in Human Capital and Endogenous Credit Constraints

PubMed Central

Hai, Rong; Heckman, James J.

2017-01-01

This paper investigates the determinants of inequality in human capital with an emphasis on the role of the credit constraints. We develop and estimate a model in which individuals face uninsured human capital risks and invest in education, acquire work experience, accumulate assets and smooth consumption. Agents can borrow from the private lending market and from government student loan programs. The private market credit limit is explicitly derived by extending the natural borrowing limit of Aiyagari (1994) to incorporate endogenous labor supply, human capital accumulation, psychic costs of working, and age. We quantify the effects of cognitive ability, noncognitive ability, parental education, and parental wealth on educational attainment, wages, and consumption. We conduct counterfactual experiments with respect to tuition subsidies and enhanced student loan limits and evaluate their effects on educational attainment and inequality. We compare the performance of our model with an influential ad hoc model in the literature with education-specific fixed loan limits. We find evidence of substantial life cycle credit constraints that affect human capital accumulation and inequality. The constrained fall into two groups: those who are permanently poor over their lifetimes and a group of well-endowed individuals with rising high levels of acquired skills who are constrained early in their life cycles. Equalizing cognitive and noncognitive ability has dramatic effects on inequality. Equalizing parental backgrounds has much weaker effects. Tuition costs have weak effects on inequality. PMID:28642641

Inequality in Human Capital and Endogenous Credit Constraints.

PubMed

Hai, Rong; Heckman, James J

2017-04-01

This paper investigates the determinants of inequality in human capital with an emphasis on the role of the credit constraints. We develop and estimate a model in which individuals face uninsured human capital risks and invest in education, acquire work experience, accumulate assets and smooth consumption. Agents can borrow from the private lending market and from government student loan programs. The private market credit limit is explicitly derived by extending the natural borrowing limit of Aiyagari (1994) to incorporate endogenous labor supply, human capital accumulation, psychic costs of working, and age. We quantify the effects of cognitive ability, noncognitive ability, parental education, and parental wealth on educational attainment, wages, and consumption. We conduct counterfactual experiments with respect to tuition subsidies and enhanced student loan limits and evaluate their effects on educational attainment and inequality. We compare the performance of our model with an influential ad hoc model in the literature with education-specific fixed loan limits. We find evidence of substantial life cycle credit constraints that affect human capital accumulation and inequality. The constrained fall into two groups: those who are permanently poor over their lifetimes and a group of well-endowed individuals with rising high levels of acquired skills who are constrained early in their life cycles. Equalizing cognitive and noncognitive ability has dramatic effects on inequality. Equalizing parental backgrounds has much weaker effects. Tuition costs have weak effects on inequality.

7 CFR 765.101 - Borrower graduation requirements.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 7 Agriculture 7 2013-01-01 2013-01-01 false Borrower graduation requirements. 765.101 Section 765..., DEPARTMENT OF AGRICULTURE SPECIAL PROGRAMS DIRECT LOAN SERVICING-REGULAR Borrower Graduation § 765.101 Borrower graduation requirements. (a) In accordance with the promissory note and security instruments, the...

7 CFR 765.101 - Borrower graduation requirements.

Code of Federal Regulations, 2011 CFR

2011-01-01

... 7 Agriculture 7 2011-01-01 2011-01-01 false Borrower graduation requirements. 765.101 Section 765..., DEPARTMENT OF AGRICULTURE SPECIAL PROGRAMS DIRECT LOAN SERVICING-REGULAR Borrower Graduation § 765.101 Borrower graduation requirements. (a) In accordance with the promissory note and security instruments, the...

7 CFR 765.101 - Borrower graduation requirements.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 7 Agriculture 7 2014-01-01 2014-01-01 false Borrower graduation requirements. 765.101 Section 765..., DEPARTMENT OF AGRICULTURE SPECIAL PROGRAMS DIRECT LOAN SERVICING-REGULAR Borrower Graduation § 765.101 Borrower graduation requirements. (a) In accordance with the promissory note and security instruments, the...

7 CFR 765.101 - Borrower graduation requirements.

Code of Federal Regulations, 2012 CFR

2012-01-01

... 7 Agriculture 7 2012-01-01 2012-01-01 false Borrower graduation requirements. 765.101 Section 765..., DEPARTMENT OF AGRICULTURE SPECIAL PROGRAMS DIRECT LOAN SERVICING-REGULAR Borrower Graduation § 765.101 Borrower graduation requirements. (a) In accordance with the promissory note and security instruments, the...

Harnessing the Tax Code to Promote College Affordability: Options for Reform

ERIC Educational Resources Information Center

Valenti, Joe; Bergeron, David; Baylor, Elizabeth

2014-01-01

The United States tax code is full of provisions designed to encourage or reward specific behaviors, such as owning a home or saving for retirement. Tax benefits for higher education are no exception: Contributions to some college savings accounts grow tax-free, college tuition is often tax deductible, and some student-loan borrowers are able to…

An Analysis of the Tuition Advance Fund Bill.

ERIC Educational Resources Information Center

National Association of Independent Colleges and Universities, Washington, DC. National Inst. of Independent Colleges and Universities.

The Tuition Advance Fund (TAF) bill is analyzed on theoretical economic grounds, and forecasts of the net costs of the proposed program up to 1990 are offered. The TAF bill proposes the establishment of a new system of college loans as an addition to existing programs to allow students to borrow tuition plus an allowance for other costs. Novel…

After Lurking for Months, Credit Crisis Begins Biting at Higher Education

ERIC Educational Resources Information Center

Basken, Paul

2008-01-01

For several months, the subprime-mortgage crisis has hovered over colleges, its ultimate effects uncertain. That is changing. In the past few weeks, a series of loan companies have withdrawn from broad categories of student lending, and some colleges have acknowledged sharp increases in borrowing costs. The most severe effect may be still to come,…

7 CFR 1714.9 - Prepayment of insured loans.

Code of Federal Regulations, 2010 CFR

2010-01-01

... loans. This section sets out provisions for prepayment of insured electric loans at face value... than a rollover maturity date. A borrower may elect at the time of loan approval to include a... loans. Loan documents for hardship loans shall provide that the loan may be prepaid at face value at any...

Entrance Counseling Guide for Direct Loan Borrowers

ERIC Educational Resources Information Center

Federal Student Aid, US Department of Education, 2010

2010-01-01

This guide describes the four types of loans offered by the Direct Loan Program[SM]: (1) Direct Subsidized Loans; (2) Direct Unsubsidized Loans; (3) Direct PLUS Loans; and (4) Direct Consolidation Loans. Among the topics covered in the guide are: Use of Your Loan Money, The Master Promissory Note, How Your Loans Will Be Disbursed (Paid Out),…

7 CFR 765.102 - Borrower noncompliance with graduation requirements.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 7 Agriculture 7 2013-01-01 2013-01-01 false Borrower noncompliance with graduation requirements... Graduation § 765.102 Borrower noncompliance with graduation requirements. Borrower failure to fulfill all graduation requirements within the time-period specified by the Agency constitutes default on the loan. The...

7 CFR 765.102 - Borrower noncompliance with graduation requirements.

Code of Federal Regulations, 2011 CFR

2011-01-01

... 7 Agriculture 7 2011-01-01 2011-01-01 false Borrower noncompliance with graduation requirements... Graduation § 765.102 Borrower noncompliance with graduation requirements. Borrower failure to fulfill all graduation requirements within the time-period specified by the Agency constitutes default on the loan. The...

7 CFR 765.102 - Borrower noncompliance with graduation requirements.

Code of Federal Regulations, 2012 CFR

2012-01-01

... 7 Agriculture 7 2012-01-01 2012-01-01 false Borrower noncompliance with graduation requirements... Graduation § 765.102 Borrower noncompliance with graduation requirements. Borrower failure to fulfill all graduation requirements within the time-period specified by the Agency constitutes default on the loan. The...

7 CFR 765.102 - Borrower noncompliance with graduation requirements.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 7 2010-01-01 2010-01-01 false Borrower noncompliance with graduation requirements... Graduation § 765.102 Borrower noncompliance with graduation requirements. Borrower failure to fulfill all graduation requirements within the time-period specified by the Agency constitutes default on the loan. The...

7 CFR 765.102 - Borrower noncompliance with graduation requirements.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 7 Agriculture 7 2014-01-01 2014-01-01 false Borrower noncompliance with graduation requirements... Graduation § 765.102 Borrower noncompliance with graduation requirements. Borrower failure to fulfill all graduation requirements within the time-period specified by the Agency constitutes default on the loan. The...

7 CFR 1710.202 - Requirement to prepare a load forecast-power supply borrowers.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 11 2010-01-01 2010-01-01 false Requirement to prepare a load forecast-power supply borrowers. 1710.202 Section 1710.202 Agriculture Regulations of the Department of Agriculture (Continued) RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE GENERAL AND PRE-LOAN POLICIES AND PROCEDURES COMMON TO ELECTRIC LOANS AND GUARANTEES Load...

7 CFR 1717.854 - Advance approval-100 percent private financing of distribution, subtransmission and headquarters...

Code of Federal Regulations, 2014 CFR

2014-01-01

... mortgage, the RUS loan contract, the borrower's wholesale power contract, any debt restructuring agreement... debt; (2) The ratio of the borrower's equity, less deferred expenses, to total assets, less deferred...-term debt is not less than 1.0, after adding the principal amount of the proposed loan to the existing...

7 CFR 1717.854 - Advance approval-100 percent private financing of distribution, subtransmission and headquarters...

Code of Federal Regulations, 2013 CFR

2013-01-01

... mortgage, the RUS loan contract, the borrower's wholesale power contract, any debt restructuring agreement... debt; (2) The ratio of the borrower's equity, less deferred expenses, to total assets, less deferred...-term debt is not less than 1.0, after adding the principal amount of the proposed loan to the existing...

7 CFR 1717.854 - Advance approval-100 percent private financing of distribution, subtransmission and headquarters...

Code of Federal Regulations, 2011 CFR

2011-01-01

... mortgage, the RUS loan contract, the borrower's wholesale power contract, any debt restructuring agreement... debt; (2) The ratio of the borrower's equity, less deferred expenses, to total assets, less deferred...-term debt is not less than 1.0, after adding the principal amount of the proposed loan to the existing...

7 CFR 1717.854 - Advance approval-100 percent private financing of distribution, subtransmission and headquarters...

Code of Federal Regulations, 2012 CFR

2012-01-01

... mortgage, the RUS loan contract, the borrower's wholesale power contract, any debt restructuring agreement... debt; (2) The ratio of the borrower's equity, less deferred expenses, to total assets, less deferred...-term debt is not less than 1.0, after adding the principal amount of the proposed loan to the existing...

7 CFR 1735.20 - Acquisitions.

Code of Federal Regulations, 2010 CFR

2010-01-01

... GENERAL POLICIES, TYPES OF LOANS, LOAN REQUIREMENTS-TELECOMMUNICATIONS PROGRAM Loan Purposes and Basic Policies § 1735.20 Acquisitions. (a) RUS finances the acquisition by a borrower of another system, lines...

77 FR 71584 - Agency Information Collection Activities; Comment Request; Loan Cancellation in the Federal...

Federal Register 2010, 2011, 2012, 2013, 2014

2012-12-03

...; Comment Request; Loan Cancellation in the Federal Perkins Loan Program AGENCY: Department of Education (ED... of Collection: Loan Cancellation in the Federal Perkins Loan Program. OMB Control Number: 1845-0100... these regulations are necessary to determine Federal Perkins Loan borrower's eligibility to receive...

34 CFR 685.213 - Total and permanent disability discharge.

Code of Federal Regulations, 2011 CFR

2011-07-01

... Loan based on a total and permanent disability, a borrower must submit a discharge application to the..., who is a doctor of medicine or osteopathy legally authorized to practice in a State, that the borrower... require the borrower to submit additional medical evidence if the Secretary determines that the borrower's...

34 CFR 685.213 - Total and permanent disability discharge.

Code of Federal Regulations, 2012 CFR

2012-07-01

... Loan based on a total and permanent disability, a borrower must submit a discharge application to the..., who is a doctor of medicine or osteopathy legally authorized to practice in a State, that the borrower... require the borrower to submit additional medical evidence if the Secretary determines that the borrower's...

34 CFR 682.209 - Repayment of a loan.

Code of Federal Regulations, 2010 CFR

2010-07-01

... a borrower who is a member of a reserve component of the Armed Forces named in section 10101 of... borrower's expected total monthly gross income received by the borrower from employment and from other... the most recent total monthly gross income received by the borrower from employment and from other...

7 CFR 1710.100 - General.

Code of Federal Regulations, 2010 CFR

2010-01-01

... Basic Policies § 1710.100 General. RUS makes loans and loan guarantees to finance the construction of..., RUS may finance selected operating expenses of its borrowers. Loans made or guaranteed by the...

34 CFR 674.57 - Cancellation for law enforcement or corrections officer service-Federal Perkins, NDSL and Defense...

Code of Federal Regulations, 2010 CFR

2010-07-01

... 100 percent of the outstanding balance on a borrower's Federal Perkins or NDSL made on or after... employing agency. (2) An institution must cancel up to 100 percent of the outstanding loan balance on a... up to 100 percent of the outstanding balance of a borrower's Federal Perkins, NDSL, or Defense loan...

42 CFR 60.10 - How much can be borrowed?

Code of Federal Regulations, 2013 CFR

2013-10-01

... psychology, or allied health may borrow up to $50,000 under this part. The amount received may not exceed $12... administration, or clinical psychology may borrow up to $50,000 under this part including loans obtained while...

42 CFR 60.10 - How much can be borrowed?

Code of Federal Regulations, 2012 CFR

2012-10-01

... psychology, or allied health may borrow up to $50,000 under this part. The amount received may not exceed $12... administration, or clinical psychology may borrow up to $50,000 under this part including loans obtained while...

42 CFR 60.10 - How much can be borrowed?

Code of Federal Regulations, 2011 CFR

2011-10-01

... psychology, or allied health may borrow up to $50,000 under this part. The amount received may not exceed $12... administration, or clinical psychology may borrow up to $50,000 under this part including loans obtained while...

42 CFR 60.10 - How much can be borrowed?

Code of Federal Regulations, 2014 CFR

2014-10-01

... psychology, or allied health may borrow up to $50,000 under this part. The amount received may not exceed $12... administration, or clinical psychology may borrow up to $50,000 under this part including loans obtained while...

42 CFR 60.10 - How much can be borrowed?

Code of Federal Regulations, 2010 CFR

2010-10-01

... psychology, or allied health may borrow up to $50,000 under this part. The amount received may not exceed $12... administration, or clinical psychology may borrow up to $50,000 under this part including loans obtained while...

7 CFR 1717.857 - Refinancing of existing secured debt-distribution and power supply borrowers.

Code of Federal Regulations, 2010 CFR

2010-01-01

... the proposed loan; (4) The borrower's financial and statistical report, the data in which shall not be... delinquency and the reasons therefor; and a certification, if not previously provided, that the borrower has...

34 CFR 685.101 - Participation in the Direct Loan Program.

Code of Federal Regulations, 2010 CFR

2010-07-01

... POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION WILLIAM D. FORD FEDERAL DIRECT LOAN PROGRAM Purpose and Scope... school participating in the Direct Loan Program may borrow under the Federal Direct Stafford/Ford Loan and Federal Direct Unsubsidized Stafford/Ford Loan Programs. An eligible graduate or professional...

7 CFR 1735.18 - Additional equity.

Code of Federal Regulations, 2010 CFR

2010-01-01

... AGRICULTURE GENERAL POLICIES, TYPES OF LOANS, LOAN REQUIREMENTS-TELECOMMUNICATIONS PROGRAM Loan Purposes and Basic Policies § 1735.18 Additional equity. If determined by the Administrator to be necessary for loan security, a borrower applying for an initial loan shall increase its net worth as a percentage of assets to...

7 CFR 771.13 - Loan closing.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 7 2010-01-01 2010-01-01 false Loan closing. 771.13 Section 771.13 Agriculture... SPECIAL PROGRAMS BOLL WEEVIL ERADICATION LOAN PROGRAM § 771.13 Loan closing. (a) Conditions. The applicant... prior to closing. (b) Loan instruments and legal documents. The borrower, through its authorized...

75 FR 75666 - Submission for OMB Review; Comment Request

Federal Register 2010, 2011, 2012, 2013, 2014

2010-12-06

... loans that he or she wishes to consolidate, if there is insufficient space on the Application and.... Ford Federal Direct Loan (Direct Loan) Program Federal Direct Consolidation Loan Application and... Federal Direct Consolidation Loan Application and Promissory Note serves as the means by which a borrower...

7 CFR 1735.10 - General.

Code of Federal Regulations, 2011 CFR

2011-01-01

... cost-of-money loans, or RTB loans for any wireline local exchange service or similar fixed-station... plan is not technically or economically feasible. (c) A borrower receiving a loan to provide mobile...

7 CFR 1735.10 - General.

Code of Federal Regulations, 2010 CFR

2010-01-01

... cost-of-money loans, or RTB loans for any wireline local exchange service or similar fixed-station... plan is not technically or economically feasible. (c) A borrower receiving a loan to provide mobile...

Determinants of Default in P2P Lending.

PubMed

Serrano-Cinca, Carlos; Gutiérrez-Nieto, Begoña; López-Palacios, Luz

2015-01-01

This paper studies P2P lending and the factors explaining loan default. This is an important issue because in P2P lending individual investors bear the credit risk, instead of financial institutions, which are experts in dealing with this risk. P2P lenders suffer a severe problem of information asymmetry, because they are at a disadvantage facing the borrower. For this reason, P2P lending sites provide potential lenders with information about borrowers and their loan purpose. They also assign a grade to each loan. The empirical study is based on loans' data collected from Lending Club (N = 24,449) from 2008 to 2014 that are first analyzed by using univariate means tests and survival analysis. Factors explaining default are loan purpose, annual income, current housing situation, credit history and indebtedness. Secondly, a logistic regression model is developed to predict defaults. The grade assigned by the P2P lending site is the most predictive factor of default, but the accuracy of the model is improved by adding other information, especially the borrower's debt level.

34 CFR 674.33 - Repayment.

Code of Federal Regulations, 2011 CFR

2011-07-01

..., DEPARTMENT OF EDUCATION FEDERAL PERKINS LOAN PROGRAM Terms of Loans § 674.33 Repayment. (a) Repayment Plan... of both Defense and NDSL or Federal Perkins loans from one or more institutions. If the borrower has... rate is— (i) $15 for a Defense loan; (ii) $30 for an NDSL Loan or for a Federal Perkins loan made...

7 CFR 1735.77 - Release of loan funds, requisitions, advances.

Code of Federal Regulations, 2010 CFR

2010-01-01

...-TELECOMMUNICATIONS PROGRAM Acquisitions Involving Loan Funds § 1735.77 Release of loan funds, requisitions, advances. (a) RUS will not approve the advance of loan funds until the borrower has fulfilled all loan contract... 7 Agriculture 11 2010-01-01 2010-01-01 false Release of loan funds, requisitions, advances. 1735...

7 CFR 1730.26 - Certification.

Code of Federal Regulations, 2010 CFR

2010-01-01

... ELECTRIC SYSTEM OPERATIONS AND MAINTENANCE Operations and Maintenance Requirements § 1730.26 Certification. (a) Engineer's certification. Where provided for in the borrower's loan documents, RUS may require the borrower to provide an “Engineer's Certification” as to the condition of the borrower's system...

7 CFR 1730.26 - Certification.

Code of Federal Regulations, 2011 CFR

2011-01-01

... ELECTRIC SYSTEM OPERATIONS AND MAINTENANCE Operations and Maintenance Requirements § 1730.26 Certification. (a) Engineer's certification. Where provided for in the borrower's loan documents, RUS may require the borrower to provide an “Engineer's Certification” as to the condition of the borrower's system...

7 CFR 1730.26 - Certification.

Code of Federal Regulations, 2012 CFR

2012-01-01

... ELECTRIC SYSTEM OPERATIONS AND MAINTENANCE Operations and Maintenance Requirements § 1730.26 Certification. (a) Engineer's certification. Where provided for in the borrower's loan documents, RUS may require the borrower to provide an “Engineer's Certification” as to the condition of the borrower's system...

7 CFR 1730.26 - Certification.

Code of Federal Regulations, 2014 CFR

2014-01-01

... ELECTRIC SYSTEM OPERATIONS AND MAINTENANCE Operations and Maintenance Requirements § 1730.26 Certification. (a) Engineer's certification. Where provided for in the borrower's loan documents, RUS may require the borrower to provide an “Engineer's Certification” as to the condition of the borrower's system...

7 CFR 1730.26 - Certification.

Code of Federal Regulations, 2013 CFR

2013-01-01

... ELECTRIC SYSTEM OPERATIONS AND MAINTENANCE Operations and Maintenance Requirements § 1730.26 Certification. (a) Engineer's certification. Where provided for in the borrower's loan documents, RUS may require the borrower to provide an “Engineer's Certification” as to the condition of the borrower's system...

13 CFR 120.349 - Collateral.

Code of Federal Regulations, 2013 CFR

2013-01-01

....349 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION BUSINESS LOANS Special Purpose Loans International Trade Loans § 120.349 Collateral. Each IT loan must be secured either by a first lien position or first mortgage on the property or equipment financed by the IT loan or on other assets of the Borrower...

13 CFR 120.349 - Collateral.

Code of Federal Regulations, 2014 CFR

2014-01-01

....349 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION BUSINESS LOANS Special Purpose Loans International Trade Loans § 120.349 Collateral. Each IT loan must be secured either by a first lien position or first mortgage on the property or equipment financed by the IT loan or on other assets of the Borrower...

13 CFR 120.347 - Use of proceeds.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 120.347 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION BUSINESS LOANS Special Purpose Loans International Trade Loans § 120.347 Use of proceeds. The Borrower may use loan proceeds to acquire...) Loan Program Requirements, and to provide working capital. [61 FR 3235, Jan. 31, 1996, as amended at 76...

13 CFR 120.347 - Use of proceeds.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 120.347 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION BUSINESS LOANS Special Purpose Loans International Trade Loans § 120.347 Use of proceeds. The Borrower may use loan proceeds to acquire...) Loan Program Requirements, and to provide working capital. [61 FR 3235, Jan. 31, 1996, as amended at 76...

13 CFR 120.347 - Use of proceeds.

Code of Federal Regulations, 2010 CFR

2010-01-01

... Loans International Trade Loans § 120.347 Use of proceeds. The Borrower may use loan proceeds to acquire... to produce goods or services involved in international trade, and to develop and penetrate foreign...

13 CFR 120.347 - Use of proceeds.

Code of Federal Regulations, 2012 CFR

2012-01-01

... Loans International Trade Loans § 120.347 Use of proceeds. The Borrower may use loan proceeds to acquire... to produce goods or services involved in international trade, and to develop and penetrate foreign...

7 CFR 1710.105 - State regulatory approvals.

Code of Federal Regulations, 2010 CFR

2010-01-01

... and Basic Policies § 1710.105 State regulatory approvals. (a) In States where a borrower is required... loans are approved by RUS: (1) Loans requiring an Environmental Impact Statement; (2) Loans to finance...

25 CFR 103.34 - What if the lender and borrower decide to change the terms of the loan?

Code of Federal Regulations, 2011 CFR

2011-04-01

... written BIA approval before modifying a loan guaranteed or insured under the Program, if the change will... accrued loan interest it otherwise would have difficulty paying. (2) Permanently adjust the loan repayment...

25 CFR 103.34 - What if the lender and borrower decide to change the terms of the loan?

Code of Federal Regulations, 2014 CFR

2014-04-01

... written BIA approval before modifying a loan guaranteed or insured under the Program, if the change will... accrued loan interest it otherwise would have difficulty paying. (2) Permanently adjust the loan repayment...

25 CFR 103.34 - What if the lender and borrower decide to change the terms of the loan?

Code of Federal Regulations, 2012 CFR

2012-04-01

... written BIA approval before modifying a loan guaranteed or insured under the Program, if the change will... accrued loan interest it otherwise would have difficulty paying. (2) Permanently adjust the loan repayment...

25 CFR 103.34 - What if the lender and borrower decide to change the terms of the loan?

Code of Federal Regulations, 2010 CFR

2010-04-01

... written BIA approval before modifying a loan guaranteed or insured under the Program, if the change will... accrued loan interest it otherwise would have difficulty paying. (2) Permanently adjust the loan repayment...

25 CFR 103.34 - What if the lender and borrower decide to change the terms of the loan?

Code of Federal Regulations, 2013 CFR

2013-04-01

... written BIA approval before modifying a loan guaranteed or insured under the Program, if the change will... accrued loan interest it otherwise would have difficulty paying. (2) Permanently adjust the loan repayment...

14 CFR 1300.11 - Eligible borrower.

Code of Federal Regulations, 2010 CFR

2010-01-01

... Aeronautics and Space AIR TRANSPORTATION SYSTEM STABILIZATION OFFICE OF MANAGEMENT AND BUDGET AVIATION DISASTER RELIEF-AIR CARRIER GUARANTEE LOAN PROGRAM Minimum Requirements and Application Procedures § 1300.11 Eligible borrower. (a) An eligible borrower must be an air carrier that can demonstrate, to the...

7 CFR 1744.63 - The telephone loan budget.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 11 2010-01-01 2010-01-01 false The telephone loan budget. 1744.63 Section 1744.63... Disbursement of Funds § 1744.63 The telephone loan budget. When the loan is made, RUS provides the borrower a Telephone Loan Budget, RUS Form 493. This budget divides the loan into budget accounts such as “Engineering...

77 FR 20796 - Annual Updates to the Income Contingent Repayment (ICR) Plan Formula for 2011; William D. Ford...

Federal Register 2010, 2011, 2012, 2013, 2014

2012-04-06

... Amounts General notes about the examples in this attachment: The interest rates used in the examples are... in this attachment. For married borrowers, the outstanding balance on the loans of each borrower and... proportion as that borrower's debt to the total outstanding balance. Each borrower is billed separately. For...

42 CFR 60.8 - What are the borrower's major rights and responsibilities?

Code of Federal Regulations, 2010 CFR

2010-10-01

... 42 Public Health 1 2010-10-01 2010-10-01 false What are the borrower's major rights and responsibilities? 60.8 Section 60.8 Public Health PUBLIC HEALTH SERVICE, DEPARTMENT OF HEALTH AND HUMAN SERVICES GRANTS HEALTH EDUCATION ASSISTANCE LOAN PROGRAM The Borrower § 60.8 What are the borrower's major rights...

77 FR 31993 - Loan Workouts and Nonaccrual Policy, and Regulatory Reporting of Troubled Debt Restructured Loans

Federal Register 2010, 2011, 2012, 2013, 2014

2012-05-31

...) instructions for reporting past due status on TDRs, many FICUs maintain separate, manual delinquency... loan delinquency based on restructured contract terms rather than the original loan terms. To that end... loan on nonaccrual status has no impact on the borrower's contractual obligation to the FICU. c...

Loans for Learning. Briefing Note

ERIC Educational Resources Information Center

Cedefop - European Centre for the Development of Vocational Training, 2011

2011-01-01

A good loan scheme must balance costs with coverage. If loans are too expensive then people will not borrow. Governments are not banks, but they provide or support loans for many things, including education and training. Governments too need to get the balance right. Cedefop surveyed 35 education and training loan schemes in Europe, examining…

12 CFR 617.7115 - How should a qualified lender disclose loan origination charges?

Code of Federal Regulations, 2010 CFR

2010-01-01

... BORROWER RIGHTS Disclosure of Effective Interest Rates § 617.7115 How should a qualified lender disclose... for making a loan must be included in the effective interest rate as a loan origination charge. These include, but are not limited to, loan origination fees, application fees, and conversion fees. Loan...

34 CFR 685.215 - Discharge for false certification of student eligibility or unauthorized payment.

Code of Federal Regulations, 2010 CFR

2010-07-01

...)(1) of this section relieves the borrower of any past or present obligation to repay the loan and any... she did not sign the document in question or authorize the school to do so; and (ii) Provide five different specimens of his or her signature, two of which must be within one year before or after the date...

7 CFR 1730.24 - RUS review and evaluation.

Code of Federal Regulations, 2014 CFR

2014-01-01

... independent summary of the operations and maintenance practices of the borrower. The borrower's management... and maintenance practices of each borrower for the purpose of assessing loan security and determining..., and records related to the operations and maintenance of its complete system. Reports made by other...

7 CFR 1436.12 - Interest and fees.

Code of Federal Regulations, 2012 CFR

2012-01-01

... § 1436.12 Interest and fees. (a) Loans will bear interest at the rate equivalent, as determined by CCC... of the loan. (c) Each borrower on a loan application must pay a non-refundable application fee in...

24 CFR 201.21 - Manufactured home loan eligibility.

Code of Federal Regulations, 2012 CFR

2012-04-01

... 24 Housing and Urban Development 2 2012-04-01 2012-04-01 false Manufactured home loan eligibility... AUTHORITIES TITLE I PROPERTY IMPROVEMENT AND MANUFACTURED HOME LOANS Eligibility and Disbursement Requirements § 201.21 Manufactured home loan eligibility. (a) Borrower eligibility. To be eligible for a manufactured...

24 CFR 201.21 - Manufactured home loan eligibility.

Code of Federal Regulations, 2013 CFR

2013-04-01

... 24 Housing and Urban Development 2 2013-04-01 2013-04-01 false Manufactured home loan eligibility... AUTHORITIES TITLE I PROPERTY IMPROVEMENT AND MANUFACTURED HOME LOANS Eligibility and Disbursement Requirements § 201.21 Manufactured home loan eligibility. (a) Borrower eligibility. To be eligible for a manufactured...

24 CFR 201.21 - Manufactured home loan eligibility.

Code of Federal Regulations, 2011 CFR

2011-04-01

... 24 Housing and Urban Development 2 2011-04-01 2011-04-01 false Manufactured home loan eligibility... AUTHORITIES TITLE I PROPERTY IMPROVEMENT AND MANUFACTURED HOME LOANS Eligibility and Disbursement Requirements § 201.21 Manufactured home loan eligibility. (a) Borrower eligibility. To be eligible for a manufactured...

24 CFR 201.21 - Manufactured home loan eligibility.

Code of Federal Regulations, 2014 CFR

2014-04-01

... 24 Housing and Urban Development 2 2014-04-01 2014-04-01 false Manufactured home loan eligibility... AUTHORITIES TITLE I PROPERTY IMPROVEMENT AND MANUFACTURED HOME LOANS Eligibility and Disbursement Requirements § 201.21 Manufactured home loan eligibility. (a) Borrower eligibility. To be eligible for a manufactured...

7 CFR 1703.112 - Expedited telecommunications loans

Code of Federal Regulations, 2011 CFR

2011-01-01

... 7 Agriculture 11 2011-01-01 2011-01-01 false Expedited telecommunications loans 1703.112 Section... § 1703.112 Expedited telecommunications loans RUS will expedite consideration and determination of an application submitted by an RUS telecommunications borrower for a loan under the Act or an advance of such...

7 CFR 1703.112 - Expedited telecommunications loans

Code of Federal Regulations, 2013 CFR

2013-01-01

... 7 Agriculture 11 2013-01-01 2013-01-01 false Expedited telecommunications loans 1703.112 Section... § 1703.112 Expedited telecommunications loans RUS will expedite consideration and determination of an application submitted by an RUS telecommunications borrower for a loan under the Act or an advance of such...

7 CFR 1703.112 - Expedited telecommunications loans

Code of Federal Regulations, 2014 CFR

2014-01-01

... 7 Agriculture 11 2014-01-01 2014-01-01 false Expedited telecommunications loans 1703.112 Section... § 1703.112 Expedited telecommunications loans RUS will expedite consideration and determination of an application submitted by an RUS telecommunications borrower for a loan under the Act or an advance of such...

7 CFR 1703.112 - Expedited telecommunications loans

Code of Federal Regulations, 2012 CFR

2012-01-01

... 7 Agriculture 11 2012-01-01 2012-01-01 false Expedited telecommunications loans 1703.112 Section... § 1703.112 Expedited telecommunications loans RUS will expedite consideration and determination of an application submitted by an RUS telecommunications borrower for a loan under the Act or an advance of such...

34 CFR 685.206 - Borrower responsibilities and defenses.

Code of Federal Regulations, 2010 CFR

2010-07-01

... 34 Education 3 2010-07-01 2010-07-01 false Borrower responsibilities and defenses. 685.206 Section 685.206 Education Regulations of the Offices of the Department of Education (Continued) OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION WILLIAM D. FORD FEDERAL DIRECT LOAN PROGRAM Borrower Provisions...

7 CFR 765.101 - Borrower graduation requirements.

Code of Federal Regulations, 2010 CFR

2010-01-01

... reasonable rates and terms. (b) The Agency may require partial or full graduation. (1) In a partial... 7 Agriculture 7 2010-01-01 2010-01-01 false Borrower graduation requirements. 765.101 Section 765..., DEPARTMENT OF AGRICULTURE SPECIAL PROGRAMS DIRECT LOAN SERVICING-REGULAR Borrower Graduation § 765.101...

7 CFR 1779.75 - Defaults by borrower.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 12 2010-01-01 2010-01-01 false Defaults by borrower. 1779.75 Section 1779.75 Agriculture Regulations of the Department of Agriculture (Continued) RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE (CONTINUED) WATER AND WASTE DISPOSAL PROGRAMS GUARANTEED LOANS § 1779.75 Defaults by borrower. (a...

7 CFR 1710.114 - TIER, DSC, OTIER and ODSC requirements.

Code of Federal Regulations, 2010 CFR

2010-01-01

...) General. Requirements for coverage ratios are set forth in the borrower's mortgage, loan contract, or..., shall reduce the coverage ratio requirements of a borrower that has contractually agreed with RUS to a higher requirement. (b) Coverage ratios. (1) Distribution borrowers. The minimum coverage ratios required...

7 CFR 1942.129 - Borrower supervision and servicing.

Code of Federal Regulations, 2012 CFR

2012-01-01

... 7 Agriculture 13 2012-01-01 2012-01-01 false Borrower supervision and servicing. 1942.129 Section 1942.129 Agriculture Regulations of the Department of Agriculture (Continued) RURAL HOUSING SERVICE... Facilities Projects § 1942.129 Borrower supervision and servicing. Loans under this subpart are subject to...

7 CFR 1942.129 - Borrower supervision and servicing.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 7 Agriculture 13 2014-01-01 2013-01-01 true Borrower supervision and servicing. 1942.129 Section 1942.129 Agriculture Regulations of the Department of Agriculture (Continued) RURAL HOUSING SERVICE... Facilities Projects § 1942.129 Borrower supervision and servicing. Loans under this subpart are subject to...

7 CFR 1942.129 - Borrower supervision and servicing.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 7 Agriculture 13 2013-01-01 2013-01-01 false Borrower supervision and servicing. 1942.129 Section 1942.129 Agriculture Regulations of the Department of Agriculture (Continued) RURAL HOUSING SERVICE... Facilities Projects § 1942.129 Borrower supervision and servicing. Loans under this subpart are subject to...

7 CFR 1942.129 - Borrower supervision and servicing.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 13 2010-01-01 2009-01-01 true Borrower supervision and servicing. 1942.129 Section 1942.129 Agriculture Regulations of the Department of Agriculture (Continued) RURAL HOUSING SERVICE... Facilities Projects § 1942.129 Borrower supervision and servicing. Loans under this subpart are subject to...

7 CFR 1942.129 - Borrower supervision and servicing.

Code of Federal Regulations, 2011 CFR

2011-01-01

... 7 Agriculture 13 2011-01-01 2009-01-01 true Borrower supervision and servicing. 1942.129 Section 1942.129 Agriculture Regulations of the Department of Agriculture (Continued) RURAL HOUSING SERVICE... Facilities Projects § 1942.129 Borrower supervision and servicing. Loans under this subpart are subject to...

34 CFR 601.11 - Private education loan disclosures and self-certification form.

Code of Federal Regulations, 2010 CFR

2010-07-01

... 34 Education 3 2010-07-01 2010-07-01 false Private education loan disclosures and self...-Affiliated Organizations § 601.11 Private education loan disclosures and self-certification form. (a) A... education loan disclosures to the prospective borrower, regardless of whether the covered institution or...