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Federal Family Education Loans

Types of Assistance

    Guaranteed/Insured Loans:
    Programs in which the Federal government makes an arrangement to identify a lender against part or all of any defaults by those responsible for repayment of loans.

Financial Information

    Account Identification:
    91-4251-0-1-502.

    Obligations:
    Aid available (Loan volume net of consolidations) FY 05 $43,284,000,000; FY 06 est $46,703,000,000; and FY 07 est $50,924,000,000. FFEL Consolidation volume: FY 05 $53,956,000,000; FY 06 est $45,230,000,000; and FY 07 est $25,083,000,000.

    Range and Average of Financial Assistance:
    Varies depending on the type of loan.

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