Definitions for "Guaranty Agency"
Related Terms:
Guarantee agency, Direct loan program, Federal family education loan program, Ffelp, Federal direct student loan program, Direct loans, Fdslp, Fdlp, Ffel, Department of veterans affairs, Veterans administration, Federal direct loan program, Direct loan, Federal government, Ndsl, Federal consolidation loan, Guaranteed student loan, Interest subsidy, Fha, Subsidized loans, Federal housing administration, Alternative loans, Stafford loan, Sls, Housing finance agency, Private loans, U.s. department of education, Government loan, Private loan, Subsidized stafford loan, Unsubsidized loans, Gsl, Agencies, Farmers home administration, Subsidized loan, Stafford loans, Va loan, Rural housing service, Federal stafford loan, Loan forgiveness, Subsidized federal stafford loan, Fhfb, Federal housing finance board, Fha loan, Va loans, Small business administration, Federal perkins loan program, Federal agency securities, Unsubsidized stafford loan
An organization that has an agreement with the U. S. Secretary of Education to administer the federally guaranteed student loan programs. The agency may be either part of your state government or a private nonprofit agency.
State agency or private non-profit corporation that insures student loans for lenders and helps administer the FFELP.
The organization that administers the FFELP (in California, the California Student Aid Commission).
An organization that insures Federal Family Education Loans.
The loan guarantor is the agency or institution that insures up-to-permissible limits against loss to lenders in the event of a default. The loan guarantor often reviews and approves the loan on a lender's behalf, where such arrangements have been made between the guarantor and the lender. See also loan servicer.
An agency that insures student loans for lenders and helps administer the FFEL program for the U.S. Department of Education.
A state or private institution or organization, which administers student loan, insurance, or governmental guarantor programs for the federal government.
The organization that insures Federal Stafford and PLUS loans for lenders. If you default on a loan, the guaranty agency will pay the lender and will then collect the loan directly from you.
State or private nonprofit organization that coordinates the Federal Family Education Loan Program for students, schools, and lenders, and administers the FFELP insurance program.
The organization that administers the FFEL Program in your State that insures the student loans made by lenders.
The organization that administers the Federal Stafford Loan and Federal Plus Loan programs in your state. The federal government sets loan limits and interest rates, but each state is free to set its own additional limitations, within federal guidelines. This agency is the best source of information on Stafford and PLUS loans in your state. To find the name, address, and telephone number of the guaranty agency in your state, as well as information about borrowing, call the Federal Student Aid Information Center at 1-(800)4-FEDAID (1-800-433-3243).
An agency that insures the student loans made by lenders.
A government agency or non-profit institution that manages student loan insurance programs protecting lenders against losses due to borrower default, death, disability or bankruptcy. H | I | J
A state or private not-for-profit organization that has an agreement with the U.S. Secretary of Education to administer a loan guarantee program under the Higher Education Act. Under this agreement, the guaranty agency insures or guarantees student loans against default and other losses.
An agency that insures or "guarantees" student loans against death, disability or default on behalf of the federal government.
A state agency or private, nonprofit organization that administers and insures the Federal Family Education Loan Program (e.g., Educational Credit Management Corporation).
The organization that administers the FFELP Program for your school. For most University of Arkansas at Pine Bluff students, Student Loan Guarantee Foundation of Arkansas (www.slgfa.org) is the guaranty agency for Federal Stafford and PLUS loans.
An agency that insures repayment of student loans for lenders and/or administers the student loan insurance program for the federal government.
A state, regional, or national organization that insures Federal Family Education Loans made by lenders.
The organization that administers the FFEL Program for your school. This agency is the best source of information on FFEL Program Loans. To find out the name, address, and telephone number of the agency serving your state, as well as information about borrowing, you can contact the Federal Student Aid Information Center. A directory of guaranty agencies is available on the Department of Education's World Wide Web site at www.ed.gov/Programs/bastmp/SHEA.htm
The fee paid to the loan guarantor to insure against loan default. For federal loans, it is usually one percent of the loan amount.
An organization established by the Department of Education to administer key aspects of Title IV loan processing. In the SSCR process, GAs receive school enrollment information from NSLDS on a weekly basis and pass it on to the loan holder or servicer.
An organization that administers the Federal Family Education Loan (FFEL) Program on behalf of the U.S. Department of Education. If a borrower defaults on a FFEL Program loan, the guaranty agency buys the loan from the holder and collects it from the borrower.
A state or non-profit organization, which has an agreement with the Secretary of Education under the Higher Education Act to insure student loans made by lenders.
The state designated organization that administers the Federal Stafford Loan and Federal PLUS Loan programs (the State Education Assistance Authority in North Carolina).
A state or private non-profit organization which has an agreement with the Secretary of Education to administer a loan guarantee program under Title IV, Part B of the Higher Education Act of 1965, as amended.
The organization that administers the FFELP Program for your school. The federal government sets loan limits and interest rates, but each guaranty agency is free to set its own additional limitations, within federal guidelines. This agency is the best source of information on FFELP Program loans. To find out the name, address, and telephone number of the agency serving your state, as well as information about borrowing, call the Federal Student Aid Information Center at 1-800-4-FED-AID (1-800-433-3243).
An agency that administers the Federal Stafford Loan, and Federal PLUS programs in your state.
An institution, either a state agency or a private nonprofit, that insures student loans and administers the Federal Family Education Loan Program for the federal government.
An organization, like NELA, that insures student loans for banks and administers the student loan insurance program for the federal government.
The organization that administers the FFELP. In Wisconsin the guarantor is Great Lakes Higher Education.
A state agency or a private, nonprofit institution or organization that administers the financial aid programs within the Federal Family Education Loan (FFEL) Program. A major function is to insure Federal Family Education Loans. Guaranty agencies are reimbursed by the federal government for all or part of the insurance claims they pay to lenders.
A state or non-profit organization which has an agreement with the U.S. Secretary of Education to guarantee loans under the Federal Family Education Loan Program. Associated Bank uses Great Lakes Higher Education Corporation as our guaranty agency.