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Table 46. Federal Direct Loan Program (FDLP) annual and cumulative default dollars and collections: FY95-FY96

This table provides a summary of annual defaults and collections for FDLP loans. Since the FDLP was initiated in FY94, only FY96 defaults and collections are reported in this table.

• In FY96, $2.2 million in the FDLP were in default and $0.1 million were collected.

NOTE: FDLP loan data in FY94 only include one-quarter of that fiscal year, and FDLP loans were restricted to a small number of institutions.

Table 46. Federal Direct Loan Program (FDLP) annual and cumulative default dollars and collections: FY95-FY96

Table 45

Table 47