Federal Family Education Loan Program

This article is part of a series on
Education in the United States
Summary
By state and in insular areas By subject area History of education in the United States History of education in Chicago History of education in Kentucky History of education in Massachusetts History of education in Missouri History of education in New York City
Curriculum topics
Literacy Normal schools Art education Civic education Music education Legal education Law school Medical education Medical school Nursing degrees Environmental education Language education Mathematics education Sex education Vocational education
Education policy issues
Accreditation Primary and secondary Post-secondary Financing Educational attainment Post-secondary issues Bubble Cost and financing Credentialism Elite overproduction Graduate unemployment Student financial aid Student loans Reform Charter schools Inequality Achievement gaps Racial achievement gap Desegregation busing Gender achievement gap Head Start School choice Racial diversity School segregation Standards-based reform School corporal punishment School meals School violence Sexual harassment Foreign involvement Special education Apprenticeship School-to-work transition Community colleges For-profit higher education For-profit colleges Research universities Community school Full-service community schools
Levels of education
K–12 - Early childhood (Primary – Secondary) – Post-secondary Organizations
Education portal United States portal
v t e

The Federal Family Education Loan (FFEL) Program was a system of private student loans which were subsidized and guaranteed by the United States federal government. The program issued loans from 1965 until it was ended in 2010. Similar loans are now provided under the Federal Direct Student Loan Program, which are federal loans issued directly by the United States Department of Education.

The FFEL was initiated by the Higher Education Act of 1965 and was funded through a public/private partnership administered at the state and local level. In 2007-08, FFEL served 6.5 million students and parents, lending a total of $54.7 billion in new loans (or 80% of all new federal student loans). Since 1965, 60 million Americans have used FFEL loans to pay for education expenses. Following the passage of the Health Care and Education Reconciliation Act of 2010 on January 5, 2010 the program was terminated, and no subsequent loans were permitted to be made under the program after June 30, 2010.