FFELSFederal Family Education Loan System (Information for Financial Aid Professionals; US Department of Education)
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Each state has a guaranty agency selected to serve as the "designated" guarantor of FFELs for students going to schools in the state or state residents going to schools elsewhere.
The federal government operates two major student loan programs: the Federal Family Education Loan program (FFEL) and the William D.
As a result of the SAFRA Act, which was part of the Health Care and Education Reconciliation Act, no further loans were made under the FFEL Program beginning July 1, 2010.