Word: ndsl
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...contributing to one's society for the benefits one has received, I do not think the Nunn plan will accomplish this goal. In order to finance this program, the government would have to cut all existing federal aid programs such as the Pell Grant, College Work Study and the NDSL, GSL and the SEOG loan and grant programs...
...bulk of the nation's $5.6 billion outstanding loans in three major federal programs--GSIs, federally insured student loans (FISL) and national direct student loans (NDSL)--comes from GSI debts and student holders who graduated during the 1970s, said Hastings. "The phones are already starting to ring," he said...
...budget also seeks to eliminate federal funding for several educational programs, including National Direct Student Loans (NDSL). Supplement Grants, State Student Incentive Grants. Graduate Student Fellowships, and a program to help build and renovate academic facilities...
...National Direct Student Loans (NDSL). Established by the National Defense Education Act of 1958, NDSLs provide low-interest loans distributed directly to schools based on how many students are enrolled. The program provides 90 percent of the money, with the colleges and universities putting up the other 10 percent and deciding who receives the money. Congress appropriated $161 million for the current academic year, $18 million less than last year...
This fiscal year the Federal Government is handing out $11 billion in aid to some 7 million U.S. students through a patchwork of programs: Pell Grants and Supplemental Educational Opportunity Grants (SEOG) to the very poor, low-cost National Direct Student Loans (NDSL) and the self-help College Work-Study plan. The largest program is Guaranteed Student Loans (GSL), which provides $7.7 billion to 3.5 million students (52% more than last year's number), many from families earning much more than $30,000 a year. Under Reagan's proposed budget, GSLs would require a far stricter determination...