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Financial Aid National Council of Higher Education Loan Programs (US) “NCHELP represents a nationwide network of guaranty agencies, secondary markets,

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Presentation on theme: "Financial Aid National Council of Higher Education Loan Programs (US) “NCHELP represents a nationwide network of guaranty agencies, secondary markets,"— Presentation transcript:

1 Financial Aid National Council of Higher Education Loan Programs (US) “NCHELP represents a nationwide network of guaranty agencies, secondary markets, lenders, loan servicers, collection agencies, schools and other organizations involved in the administration of the Federal Family Education Loan Program (FFELP). NCHELP members promote student access and choice for post-secondary education and training.” From www.NCHELP.org, 1 Jan 2003

2 Financial Aid Sallie Mae Inc. (US) “Sallie Mae®, the nation's leading provider of student loans and administrator of college savings plans, has helped millions of Americans achieve their dream of a higher education. The company primarily provides federal and private student loans, including consolidation loans, for undergraduate and graduate students and their parents. “In addition, Sallie Mae offers comprehensive information and resources to assist students, parents, and guidance professionals with the financial aid process.” From www.salliemae.com/about/, 6 December 2007

3 Financial Aid America’s Student Loan Providers (US) “America's Student Loan Providers (ASLP) represents leading providers of higher education funding. These companies and organizations provide federally guaranteed student loans through the Federal Family Education Loan Program (FFELP), a public-private partnership of schools, students, loan providers and the government that has financed the dreams of millions of Americans since 1965.” “By leveraging private financial markets and competing for the right to lend to students, we bring value to students, schools and taxpayers.” From www.studentloanfacts.org/whoweare/, 4 Jun 2007

4 Financial Aid National Association of Student Financial Aid Administrators (US) “The National Association of Student Financial Aid Administrators (NASFAA) promotes the professional preparation, effectiveness, support, and diversity of persons and organizations involved in the administration of student financial aid, and facilitates communication throughout its community. NASFAA encourages and promotes programs that remove financial barriers to ensure student access to postsecondary education.” Adopted by the Board of Directors, May 2005 From www.nasfaa.org/redesign/AboutNASFAA.html, 4 December 2007

5 Financial Aid U.S. Congress "All Legislative Powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and House of Representatives.“ (Article I, Section 1, of the United States Constitution) “The chief function of Congress is the making of laws. … The Senate is composed of 100 Members -- two from each state, regardless of population or area -- elected by the people in accordance with the 17th Amendment to the Constitution. As constituted in the 106th Congress, the House of Representatives is composed of 435 Members elected every two years from among the 50 states, apportioned to their total populations.” From //thomas.loc.gov/home/lawsmade.bysec/congress.html, 20 July 2003

6 Financial Aid U.S. Department of Education The U.S. Department of Education "establishes policy for, administers, and coordinates most federal assistance to education. ED provides an overview of the condition of education in the United States, exercises and conducts programs designed to achieve excellence in education, promotes educational opportunities for all citizens, and supplements state and local education efforts." The Department also "collects and publishes statistics on the nation's education system and sponsors research in education." Additional information is available at: http://www.ed.gov/

7 Financial Aid America’ Student Loan Providers (US) “America's Student Loan Providers (ASLP) represents leading providers of higher education funding. These companies and organizations provide federally guaranteed student loans through the Federal Family Education Loan Program (FFELP), a public-private partnership of schools, students, loan providers and the government that has financed the dreams of millions of Americans since 1965.” “By leveraging private financial markets and competing for the right to lend to students, we bring value to students, schools and taxpayers.” From www.studentloanfacts.org/whoweare/, 4 Jun 2007


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