the loan application and data electronically submitted to the Secretary. 131 FINANCIAL INFORMATION: Account Identification: 91-0243-0-1-502. Obligations: (Loan volume disbursed; net of consolidations) FY 99 $17,959,000,000; FY 00 est $14,855,000,000; and FY 01 est $15,613,000,000. Direct Loan Consolidation volume: FY 99 $8,006,000,000; FY 00 est $4,250,000,000; and FY 01 est $4,403,000,000. Range and Average of Financial Assistance: A range is not available. PROGAM ACCOMPLISHMENTS: As of January 2000, 1,567 schools were participating in the program. REGULATIONS, GUIDELINES, AND LITERATURE: Student Loan Reform Act of 1993, Public Law 103-66, 34 CFR 685. INFORMATION CONTACTS: Headquarters Office: Federal Direct Loans, Office of Student Financial Assistance, Department of Education, Washington, DC 20202. Telephone: (202) 708-9951. Web Site Address: http://www.ed.gov. EXAMPLES OF FUNDED PROJECTS: Not applicable. CRITERIA FOR SELECTING PROPOSALS: Not applicable. 132 Promotion of the Arts_Grants to Organizations and Individuals 133 artistic excellence and merit in content and use of the medium. Proposals including ancillary activities to improve public knowledge, appreciation, and access to the arts are especially welcome. Applications for media arts projects of more limited scope/distribution should be submitted under
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