150% Direct Subsidized Loan Limits

Tuesday, July 21, 2015: 9:00 AM-10:00 AM
Celestin D - Level 3 (Hyatt Regency New Orleans)
Session Type: Interest Sessions
Track: U.S. Department of Education
Audience: Beginner (2 or less years experience)
Credit Type: Credit Hours and Clock Hours
School Type: All Schools
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.
Anthony Erwin (Northeastern University)
Ian Foss (U.S. Department of Education)
Nathan Arnold (U.S. Department of Education)