Thursday, February 3, 2011

US Department of Education Loans

US Department of Education loans are administered under the Federal Family Education Loan Program (FFELP). With US Department of Education direct loans, there's no need for an outside lender. With direct loans, students pay their loans back directly to the government. If you're looking for low interest, and sensible and easy ways to repay loans for your education, US dept of education loans may be for you.

In 1980, several federal government agencies worked together to create the US Department of Education. The purpose of this department has always been to support education throughout the United States and to promote equitable education access. The United States Department of Education has a budget of $71.5 billion and an employee roster of 4500 workers. The mandate of the department is to:

Eliminate Discrimination and Promote the Rights of Everyone's Equal Access to Education
The department is interested in reducing bias, both overt and subtle, that gets in the way of education. The department believes that everyone has a right to quality education.

Encourage Awareness of and Promote Attention To Important Educational Issues
The US Department of Education works with the press to encourage education. They also publish a number of articles, publications, pamphlets, and other texts which encourage students to seek out education.

Create Policies about Federal Financial Education Aids
The Department of Education has the ability to effect laws concerning education and the ability to suggest proposals that might further education in America.

Distribute and Manage Federal Financial Aid Earmarked for Education
The US Department of Education is responsible for distributing scholarships, grants, loans, and other forms of financial aid to students from the federal government.

Research America's Schools and Collect Information About Them
Through a number of research ventures, including surveys and studies, the US Department of Education tries to determine what is going on in education today and what needs to be done to improve education for tomorrow.