About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

HRD-78-112 1 (1978-05-11)

handle is hein.gao/gaobaaxfn0001 and id is 1 raw text is: DOCJUfENT RESURE 059 0 - (B13663661 REI0T1 W SI/i/if Improvements Iee'sd in VA's Education Loan Program. HRD-78-112; B-14859. nay :' 1971. Relaase4 may 12, 1978. 27 pp. + appendices (10 pp.). Report to Sep. Ray Roberts, Chairman, House Committee on Veterans' Affairs; by Elmer B. Staats, Comptroller General. Issue Area: Federally Sponsored or Assisted Education Programs (3300); Fedeirally Sponsored or Assisted Education Programs: Organization and danagesent of Federal Education Progras (3301). Contact: Human Resources Div. Budget Function: Veterans Benefits and Services, Veterans Education, Traiting, and Rehabilitation (702). Organization Concer:ied: Veterans Administration. Congressional Relev&nce: House Committee on VpteranE' Affairs. ReF. Ray Roberts. Authority: Vietnam Era Veterans' Read-'autwint !2istance act of 1974 (P.L. 93-508). P.L. 95-202. P.L. 94-502. 38 u.S.C. 1798. S. Rept. 94-1243. S. Rept. 93-907. U. Dept. 95-586. The Veterans Administrationts (VA's) education loan program was evaluated to determine if the progran's pdnary objective -- to provide additional financial aid to needy veterans attending high tuition schools -- vas being accomplished. The evaluation also attempted to determine the default rate being experienced in the program and why participation in the program was so low in the northeast section of the country. Findings/Conclusions: Two major factors limited the prcgrans effectiveness in providing aid to students attending high tuition institutions: (1) the implementing regulations and program guldelites did not restrict Ican eligibility to vateraus attending high tuition schools because the authorizin; legislation was silent on tbk subject; and (2) the VA has neither provided its regioncl officer with tdequate criteria for evaluati-ng vet.r,-i.ci ' nor adequately defined allowable expenses. i a resu. ,L about 7-1 of le-is made from inception of the program in 1975 through Dc aber 1,77 were made to veterans attending schools charging low tuition. The VA has not issued clear and comprehensive collection 4uidelines specifically related to the loan program and, as a result, abeat half the loans that have come due are in default. Participation in the Northeast was low because of the availability of other financial aid and because of limited promotion of the program. Recommendations: The Admintrator of Veterans Affairs shoulo: define, in detail, what types of expenses can and cannot be used to justify a VA education loan; establish criteria to limit the amount of education-related expenses used to justify a loan; require that all resources available to the applicant be reported and considered in determining financial need; routinely collect the information necessary to calculate a valid default

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most