150% Direct Subsidized Loan Limits

This session will provide an overview of the requirements for limiting Direct Subsidized Loan eligibility to the length of 150% of a student's academic program. It will outline Department of Education and school processing requirements for tracking, monitoring, awarding/originating, and reporting Direct Loans and enrollment information. Presenters will suggest ways for schools to warn students who are approaching the 150% borrowing limit and will discuss the timeframes for implementation of the requirements.