Audit of Direct Consolidation Loans (MS Word)
Section 455(g) of the Higher Education Act of 1965, as amended (HEA), provides for loan consolidation in the William D. Ford Federal Direct Loan (Direct Loan) Program. Under Section 428C(b)(5) of the HEA, if an eligible borrower in the FFEL Program applies for a Direct Consolidation Loan, the borrower is entitled to receive that loan: ................
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