Word: ndsls
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Pells. 50 percent entitlements, SEOGs, CWS, GSLs, NDSLs, ACHE, ACE, SSIG, TRIO--this is the language of education politics, where dozens of lobbying groups joust with congressmen and senators over arcane details of entitlement programs, loan programs, and qualification ceilings...
...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...
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