Definitions for "Guaranty Agency"
An organization that has an agreement with the U. S. Secretary of Education to administer the federally guaranteed student loan programs. The agency may be either part of your state government or a private nonprofit agency.
State agency or private non-profit corporation that insures student loans for lenders and helps administer the FFELP.
The organization that administers the FFELP (in California, the California Student Aid Commission).