Student Financial Assistance: Hearings, Ninety-third Congress, First[-second] Session, Volume 3
U.S. Government Printing Office, 1974
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able additional administrative agencies allowance amended amount application appropriate assistance Association authorized banks benefits borrower capital Chairman changes claims collection Commissioner concerned CONGRESS continue costs default delinquency determined direct effect effort eligible eliminate established existing expenses experience fact Federal feel financial aid fiscal funds going grant GSLP guaranteed guaranteed student loan higher education income increase institutions interest issue legislation lenders lending less LIBRARY OF CONGRESS limited major meet ment Michigan months NDSL O'HARA obligations Office Office of Education operation paid participation payment percent period present principal problem procedures pursuant question reasonable received recommendations regulations repayment respect responsibility result schools Secretary student loan program subsection suggested tion universities views
Halaman 71 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations to be issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...
Halaman 227 - institution of higher education" means an educational institution in any State which (1) admits as regular students only persons having a certificate of graduation from a school providing secondary education, or the recognized equivalent of such a certificate, (2) is legally authorized within such State to provide a program of education beyond secondary education, (3) provide?
Halaman 71 - ... to be redeemable at the' option of the corporation before maturity in such manner as may be stipulated in such obligations, and...
Halaman 228 - ... are accepted, on transfer, by not less than three institutions which are so accredited, for credit on the same basis as if transferred from an institution so accredited.
Halaman 233 - Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued...
Halaman 233 - ... is authorized to use as a public debt transaction the proceeds from the sale of any securities issued, under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of such notes and obligations.
Halaman 231 - Interest on loans made under this section shall be at a rate not less than (i) a rate determined by the Secretary of the Treasury taking into consideration the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average maturities of such loans adjusted to the nearest one-eighth of 1 per centum, plus (ii) an allowance adequate in the judgment of the Secretary of Transportation to cover administrative costs and...
Halaman 71 - Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligation of the Corporation.
Halaman 234 - The representatives of the General Accounting Office shall have access to all books, accounts, financial records, reports, files, and all other papers, things, or property belonging to or in use by the respective corporations and necessary to facilitate the audit, and they shall be afforded full facilities for verifying transactions with the balances or securities held by depositaries, fiscal agents, and custodians.
Halaman 210 - State does not have a student loan insurance program covered by an agreement made pursuant to section 428 (b), and the Commissioner determines after consultation with the chief executive officer of that State that there is no reasonable likelihood that the State will have such a student loan insurance program for such year, the Commissioner may make advances...