Management of the Student Aid Delivery System: Hearing of the Committee on Labor and Human Resources, United States Senate, One Hundred Fifth Congress, First Session, on Examining Proposed Legislation Authorizing Funds for Programs of the Higher Education Act, Focusing on Student Aid Delivery Systems, May 15, 1997, Volume 4 |
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administration Advisory Committee aid delivery system BLANCHETTE borrowers Boston University Campus-Based Programs cation CHAIRMAN Clinger-Cohen Act computer systems contractor costs database default rate dent Department of Education Department's direct lending Direct Loan Origination direct loan program disbursed efficient electronic electronic data interchange Electronic Data Systems FAFSA FDLP Federal Government Federal Pell Grant Federal student aid FFEL program FFELP financial aid programs Flink functions funds gram guarantee guaranty agencies HICKS Higher Education Act implementation information systems integrated involved lenders Loan Data System loan servicing loan volume LONGANECKER look ment million NASSIRIAN National Student Loan NSLDS operations oversight participate percent performance-based private sector problems processing Project EASI reauthorization schools Senator COATS stovepipe systems student aid delivery student aid programs student financial aid Student Financial Assistance Student Loan Data Students and Institutions systems and contracts Thank tion Title IV programs Tornow University
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Page 56 - Education National Association of College and University Business Officers National Association of Independent Colleges and Universities National Association of...
Page 54 - System - supports FDLP loan origination, is used to book loans, supports reconciliation with schools, and receives disbursement information from schools as each loan is disbursed to a recipient. The Direct Loan Origination System is the schools' single point of interface with the FDLP information systems. • Direct Loan Servicing Systems - are used to service FDLP loans while the borrower is in school, in deferment status, or in repayment There is currently one Direct Loan Servicing System, but...
Page 56 - American Association of Collegiate Registrars and Admissions Officers American Association of Community Colleges...
Page 41 - Code, the head of an executive agency shall— (1) establish goals for improving the efficiency and effectiveness of agency operations and, as appropriate, the delivery of services to the public through the effective use of information technology...
Page 7 - NSLDS prescreening data matches alone have identified approximately 125,000 prior defaulters among students applying for additional financial aid, possibly preventing as much as $310 million in future defaults and denying about $75 million in Pell Grants to ineligible students. * Project EASI (Easy Access for Students and Institutions...
Page 41 - ... (3) promoting the effective and efficient design and operation of all major information resources management processes for the executive agency, including improvements to work processes of the executive agency.
Page 54 - ... cycle, which primarily involves uploading FISAP data received from the participating schools, editing the data, calculating tentative and final institutional awards, notifying institutions of their award levels, allocating funds, and reconciling institutional accounts. The Campus-Based Programs system contains no student-level information: it uses only summary data by school. The Campus-Based Programs system is primarily a standalone mainframe system, but it is supplemented with 16 microcomputer-based...
Page 72 - Mr. Chairman, I thank you for your consideration and look forward to hearing the witnesses. Senator COCHRAN. Thank you very much for being here. 'Thi
Page 50 - Introduction Mr. Chairman, my name is Barmak Nassirian, and I am Director of Policy Analysis at the American Association of State Colleges and Universities (AASCU). AASCU represents more than 400 campuses and systems of higher education throughout the United States. Annually. AASCU institutions enroll more than three million students and award one-third of all baccalaureates conferred in the United States. I thank you for the opportunity to testify before the Subcommittee as it continues its deliberations...
Page 37 - In 1990, GAO began a special effort to review and report on the federal program areas its work identified as high risk because of vulnerabilities to waste, fraud, abuse, and mismanagement.