From thehoya.com, Georgetown University's Newspaper of Record Since 1920:
“We are also monitoring the student loan market and developing the capability to become a direct lending institution, should that be needed to give our students continued access to affordable credit,” DeGioia said [Georgetown President in letter dated November 5, 2008].
The article went on to mention that:
"Georgetown was approved to be a direct-lending institution in October, with the opportunity to provide loans as of June 1, 2009. The university has not yet decided whether to take part in the program."
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