The department already makes these federally guaranteed loans for American citizens and permanent legal residents. 教育部已将这些联邦担保贷款提供给美国公民和永久合法居住者。
But since nineteen ninety-three it has also paid private lenders to provide them. 但从1993年起,还允许私人借贷者向他们提供贷款。
Now, as of July first, all new loans will go though the direct loan program only. 如今,从7月1日开始,所有的新增贷款将只能通过直接借贷项目而获得。
Officials say the new law will save the government sixty-one billion dollars over ten years. 官员表示,新法律将在未来10年内为政府节省610亿美元。
The plan is to use more than half the savings to provide more federal Pell Grants to needy students. 该计划用超过一半的资金为需要的学生提供联邦佩尔补助。