|
|
|
|
|
Social Science Categories
|
| Definition Of: |
GUARANTEE AGENCY
The organization that administers the Federal Education Loan Programs in each state and insures lenders against losses due to a borrower's default, death, disability, or bankruptcy. The federal government sets loan limits and interest rate, but each state is free to set its own additional limits within the federal guidelines.
|
| |
Education INDEX:
List of Terms: Terms beginning with "A", Page 1 |
|
Page Number:
1 A: Page 1 of 1.
|
|
|
| Copyright © 2008 socialsciencedictionary.com. All rights reserved. |
|
|