Word: ffelp
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...statement, Miller said the PricewaterhouseCoopers study was funded by corporations associated with the FFELP. Bruns said these charges were unsupported...
Kennedy said that, if passed, the bill would offer colleges an additional $1,000 for each student receiving a Pell Grant—a government-backed scholarship for low-income students—if the institution switches from the privately funded Federal Family Education Loan Program (FFELP) to the federally managed program...
...since 1998, 500 universities have left the federally managed loan program for private-sector student loan firms, according to America’s Student Loan Providers (ASLP), an organization representing more than 80 firms that use the privately funded FFELP...
About 1,100 institutions applied for thedirect-loan program. About 900 were eligible: Theyparticipate in FFELP, have a default rate lessthan 25 percent and can electronically processloan applications or are implementing themachinery...
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