Federal Family Education Loan Program

E139716

The Federal Family Education Loan Program was a U.S. government-backed student loan system in which private lenders issued education loans that were guaranteed and subsidized by the federal government.

All labels observed (9)

How this entity was disambiguated

Statements (50)

Predicate Object
instanceOf United States government program ⓘ
federal financial aid program ⓘ
student loan program ⓘ
administeredBy U.S. Department of Education ⓘ
alsoKnownAs FFEL Program ⓘ
FFELP ⓘ
beneficiary graduate students ⓘ
parents of dependent students ⓘ
professional students ⓘ
undergraduate students ⓘ
country United States ⓘ
createdUnder Higher Education Act of 1965 ⓘ
endOfNewOriginations 2010-07-01 ⓘ
feature consolidation loans ⓘ
deferment and forbearance options ⓘ
federal default guarantees to lenders ⓘ
income-driven repayment options ⓘ
interest subsidies for eligible borrowers ⓘ
loans guaranteed by the federal government ⓘ
loans subsidized by the federal government ⓘ
fundingModel federally guaranteed loans issued by private lenders ⓘ
guaranteeAgencyInvolved nonprofit guaranty agencies ⓘ
state guaranty agencies ⓘ
impact major source of federal student loans before 2010 ⓘ
legalBasis Higher Education Act of 1965 ⓘ
lenderType commercial banks ⓘ
credit unions ⓘ
nonprofit lenders ⓘ
savings and loan institutions ⓘ
state agencies ⓘ
loanGuaranteeCoverage up to 100 percent of principal and interest in case of default ⓘ
loanTypeOffered Federal Consolidation Loan ⓘ
Graduate PLUS Loan ⓘ
PLUS Loan ⓘ
Subsidized Stafford Loan ⓘ
Unsubsidized Stafford Loan ⓘ
oversightBy U.S. Department of Education ⓘ
peakPeriod 1990s ⓘ
2000s ⓘ
purpose provide student loans for postsecondary education ⓘ
reformedBy Health Care and Education Reconciliation Act of 2010 ⓘ
Student Aid and Fiscal Responsibility Act ⓘ
relatedProgram Federal Pell Grant Program ⓘ
William D. Ford Federal Direct Loan Program ⓘ
replacedBy Direct Loan Program ⓘ
William D. Ford Federal Direct Loan Program ⓘ
sector higher education finance ⓘ
startDate 1965 ⓘ
status ended for new loans ⓘ
legacy loans still in repayment ⓘ

How these facts were elicited

Referenced by (15)

Full triples — surface form annotated when it differs from this entity's canonical label.

Federal Direct Student Loan Program → replaced → Federal Family Education Loan Program ⓘ
Direct Consolidation Loan → eligibleLoanType → FFEL PLUS Loan ⓘ
linked to: Federal Family Education Loan Program
Extended Repayment Plan → appliesTo → Federal Family Education Loan Program loans ⓘ
linked to: Federal Family Education Loan Program
Extended Repayment Plan → administeredUnder → Federal Family Education Loan Program ⓘ
Federal Family Education Loan Program → alsoKnownAs → FFEL Program ⓘ
linked to: Federal Family Education Loan Program
Graduated Repayment Plan → appliesTo → federal FFEL Loans ⓘ
linked to: Federal Family Education Loan Program
Graduated Repayment Plan → eligibilityIncludes → FFEL PLUS Loans ⓘ
linked to: Federal Family Education Loan Program
Graduated Repayment Plan → eligibilityIncludes → FFEL Consolidation Loans ⓘ
linked to: Federal Family Education Loan Program
College Cost Reduction and Access Act → affectsProgram → Federal Family Education Loan Program ⓘ
Public Law 111-152 → eliminatedProgram → Federal Family Education Loan Program ⓘ
Subsidized Federal Stafford Loan → previousProgramName → Federal Family Education Loan (FFEL) Program Stafford Loan ⓘ
linked to: Federal Family Education Loan Program
Student Aid and Fiscal Responsibility Act → relatedTo → Federal Family Education Loan Program ⓘ
FFELP → fullName → Federal Family Education Loan Program ⓘ
FFELP → loanCategory → Stafford Loans ⓘ
linked to: Federal Family Education Loan Program
FFELP → alsoKnownAs → FFEL Program ⓘ
linked to: Federal Family Education Loan Program