ABSTRACT
In the spring of 1977, in response to congressional concern for student financial aid programs, the Human Resources Division of the General Accounting Office (GAO) reviewed the administration of the National Direct Student Loan (NDSL) program. Several instances were noted where information reported on the fiscal operations reports did not reflect the information in NDSL accounts at the institution. Reviewing these accounts and visiting with institution officials, GAO staff were often unable to reconcile information on the fiscal operations reports with the institution's records. The GAO also observed that personnel responsible for on-site reviews of NDSL programs at the ten regional offices were unable to conduct extensive program reviews. Although the GAO has recognized that the findings of the NDSL program review are based on results of visits to a limited number of institutions, many of these findings have been noted by others who have reviewed various aspects of the program.
