Download or read book Federal Student Loan Programs Opportunities Exist to Improve Audit Requirements and Oversight Procedures written by Kay L. Daly and published by DIANE Publishing. This book was released on 2010-11 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Family Education Loan Program written by George A. Scott and published by DIANE Publishing. This book was released on 2008 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concerns have been raised about the Dept. of Education¿s role in overseeing the lenders & schools that participate in the largest of the Federal government¿s student loan programs, the Federal Family Education Loan Program (FFELP). The author was asked to analyze the Dept. of Education¿s use of its oversight, guidance, & enforcement authorities under FFELP. To do this, the author reviewed departmental documents & Federal laws, regulations, & cases & interviewed officials from the Dept. of Education & the student loan industry. Includes recommendations. Charts & tables.

Download or read book Federal Student Loan Programs written by U.s. Government Accountability Office and published by . This book was released on 2017-08-13 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Higher Education Opportunity Act of 2008, Pub. L. No. 110-315, mandated GAO to study the financial and compliance audits and reviews required or conducted for the Federal Family Education Loan (FFEL) program and the Federal Direct Student Loan (DL) program. The Department of Educations (Education) Office of Federal Student Aid is responsible for administering these programs. This report focuses on(1) identifying differences and similarities in audit requirements and oversight procedures for the FFEL and DL programs, including anticipated changes to selected oversight activities and(2) describing how the Office of Federal Student Aids policies and procedures are designed to monitor audits and reviews. To do so, GAO interviewed Education and inspector general officials and reviewed numerous audit guides, agency procedures, checklists, and audit tracking systems.

Download or read book Federal Student Loans written by Kay L. Daly and published by DIANE Publishing. This book was released on 2010 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: These are the briefing slides in response to section 1119 of the Higher Educ. Opportunity Act. This act mandated a study of the financial and compliance audits and reviews required or conducted for the Fed. Family Educ. Loan and Fed. Direct Loan Programs. On August 6 and 7, 2009, the author briefed the staff of congressional committees on the types of audits, reviews, agreed-upon procedures, and reconciliations that are required or conducted for these programs. The author has incorporated additional information on the agreed-upon procedures engagements required by the Ensuring Continued Access to Student Loans Act and the reconciliations performed by the Dept. of Education's Office of Federal Student Aid. Charts and tables.

Download or read book Guide for Audits of National Direct Student Loan Program NDSL College Work Study Program CWS Supplemental Educational Opportunity Grants Program SEOG written by United States. Department of Education. Audit Agency and published by . This book was released on 1980 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Student Loan Programs written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-01-11 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal Student Loan Programs: Opportunities Exist to Improve Audit Requirements and Oversight Procedures

Download or read book Financial Audit written by United States. General Accounting Office and published by . This book was released on 1993 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Guide for Audits of National Direct Student Loan Program NDSL College Work Study Program CWS Supplemental Educational Opportunity Grants Program SEOG written by United States. Department of Health, Education, and Welfare. Audit Agency and published by . This book was released on 1978 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Student Loan Programs written by United States. Government Accountability Office and published by . This book was released on 2010 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Audit Guide written by United States. Department of Health, Education, and Welfare. Audit Agency and published by . This book was released on 1976 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Audit Guide written by and published by . This book was released on 1990 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Oversight on national direct student loan program regulations written by United States. Congress. House. Committee on Education and Labor. Subcommittee on Postsecondary Education and published by . This book was released on 1983 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Hearing on Federal Student Loan Programs written by United States. Congress. House. Committee on Economic and Educational Opportunities. Subcommittee on Oversight and Investigations and published by . This book was released on 1995 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Family Education Loan Program written by George A. Scott and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concerns have been raised about the Department of Education's (Education) role in overseeing the lenders and schools that participate in the largest of the federal government's student loan programs, the Federal Family Education Loan Program (FFELP). GAO was asked to analyze Education's use of its oversight, guidance, and enforcement authorities under FFELP. To do this, GAO reviewed departmental documents and federal laws, regulations, and cases and interviewed officials from Education and the student loan industry. GAO recommends that the Secretary of Education: (1) update the department's oversight mechanisms to proactively identify possible instances of improper inducements and limitations on borrower choice; (2) be more proactive in investigating situations involving possible instances of these prohibited activities; (3) issue new guidance regarding inducements to guide the student loan industry until the relevant proposed regulations are finalized and become effective; and (4) develop a protocol to determine the appropriate level of response for cases of non-compliance and assess the effectiveness of these actions to inform and improve this protocol. Education agreed with the first two recommendations but did not explicitly agree or disagree with the other two. The following are appended: (1) Briefing Slides; (2) Scope and Methodology; (3) Comments from the Department of Education; and (4) GAO Contact and Staff Acknowledgments. [This report was produced by the United States Government Accountability Office.].

Download or read book Federal Student Loans Better Oversight Could Improve Defaulted Loan Rehabilitation written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-07-27 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: " As of fiscal year 2013 about $94 billion-over 11 percent of federal student loan volume in repayment-was in default, which generally occurs when a borrower fails to make a payment for more than 270 days. Loan rehabilitation was established as an option to help Education collect defaulted student loans, and borrowers address the adverse consequences of default, such as repairing damaged credit. GAO was asked to review Education's loan rehabilitation process. This report examines how: (1) Education assists borrowers in rehabilitating defaulted student loans; (2) the upgrade of its defaulted loan information system affected loan rehabilitation; and (3) Education oversees private collection agencies in implementing loan rehabilitation. GAO reviewed Education's policies, procedures and guidance; contracts and monitoring records for the defaulted loan information system contractor and 22 collection agencies; collections and rehabilitation data; and relevant federal laws and regulations. GAO interviewed Education officials, representatives of borrower advocacy groups, and visited 6 selected collection agencies, based on their loan volume and geographic location. "

Download or read book Federal Student Loans written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-12-25 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: FEDERAL STUDENT LOANS: Education Could Improve Direct Loan Program Customer Service and Oversight

Download or read book Quality in Student Financial Aid Programs written by Panel on Quality Improvement in Student Financial Aid Programs and published by . This book was released on 1993-02 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report of the Panel on Quality Improvement in Student Financial Aid Programs examines the quality control of federal student financial aid programs covered by Title IV of the Higher Education Act of 1965 and offers recommendations calling for sweeping revisions of the present system. The report explores: (1) the quality control practices employed by the Department of Education to measure the accuracy of eligibility of students for awards; and (2) the methods used by program managers, based on this information, to reduce errors. Part 1 describes the new philosophy of continuous improvement as well as Title IV student financial aid programs and the system for distributing the awards. Part 2 discusses the outcome of Department of Education activities to control, improve, and monitor the "quality of the award" in the current system. Among the topics addressed are the methodological and statistical integrity of current quality control studies, including the accuracy of estimates of national error rates; a review of the application forms and their instructions; and the potential for risk-based management of audit and review processes. Part 3 looks at the larger picture and recommends changes in the system that should more efficiently reduce the recurring problems identified in Part 2. Appendices include six papers addressing various aspects of student financial aid reform. (Contains over 60 references.) (GLR)