Federal Family Education Loans - #84.032
Program Objectives
To encourage lenders such as banks, credit unions, savings and loan associations, pension funds, insurance companies, and schools to make loans to vocational, undergraduate, and graduate students enrolled at eligible postsecondary institutions to help pay for educational expenses. The loans are insured by a State or private nonprofit guaranty agency and reinsured by the Federal government.
Funding (obligations)
(Direct Loans) FY 09 $35,233,000,000; FY 10 $66,779,000,000; FY 11 $0 - FFEL Consolidation volume: FY 09 est $218,000,000; FY 10 est $185,000,000; FY 11 est $0.
Related Programs
Survivors and Dependents Educational Assistance
Federal Supplemental Educational Opportunity Grants - (FSEOG)
Federal Work-Study Program
TRIO_Student Support Services
TRIO_Talent Search
TRIO_Upward Bound
Federal Pell Grant Program
TRIO_Educational Opportunity Centers
Leveraging Educational Assistance Partnership - (LEAP-formerly SSIG)
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