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PPT - Federal Direct Loans: Reviewing Program Requirements and Calculating Loan Amounts ...
PPT - Federal Direct Loans Reviewing Program Requirements and Calculating Loan Amounts
Risk Management Template Free Download
Risk Management Template Free Download
1 G General Audiences All ages admitted. No content that would be objectionable to most parents ...
1 G General Audiences All ages admitted No content that would be objectionable to most parents
PPT - Federal Direct Loans: Reviewing Program Requirements and Calculating Loan Amounts ...
PPT - Federal Direct Loans Reviewing Program Requirements and Calculating Loan Amounts
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ppt federal direct loans reviewing program requirements and calculating loan amounts : 6. Assuring Quality: Satisfying the Direct Loan Requirement 34 CFR 685.300(b)(9) The William D. Ford Federal Direct Loan (Direct Loan) Program regulations at 34 CFR 685.300(b)(9) require schools to implement and document a quality assurance process to ensure they are complying with program requirements and meeting program objectives.Origination and disbursement of all Direct Loans will be through the Common Origination and Disbursement System (COD) * Additional Servicers Created an environment of competition to ensure student borrowers received best in business service Selected Additional Federal Loan Servicers ACS (current servicer) Great Lakes Education Loan Services ...Federal Parent Plus Loan. Federal PLUS Loan is a loan for parents of dependent students. Parent borrower is fully liable for loan (may require endorser) FAFSA not required by regulation, but schools can require it if they wish. Eligibility. Parent must be the natural or adoptive parent of the student, or spouse of one of those peopleFederal student loan debt. Reached $1 Trillion milestone on May 8, 2012. $1,000,000,000,000. About $878 Billion in FFEL loans. About $292 Billion in Direct loans. Average borrower has about $27k in Federal Debt (4-year graduate); $300 per month/120 months (10 years) Outpacing Credit Card Debt. The clock continues to count.Direct Loan limits are not prorated for students enrolled in graduate or professional level programs. Loan proration requirements also do not apply to loans made to students taking preparatory coursework or coursework necessary for teacher certification.Federal direct student loans are the best option for students who need to borrow money to pay for college. Federal student loans do not require credit history or a co-signer.Make a Presentation Introducing Federal Student Aid and the FAFSA ® Form. Before your students dive into filling out the Free Application for Federal Student Aid (FAFSA ®) form, give them a grasp of the types of financial aid, the general application process, and where to learn more.. Tip: You may use the PowerPoint presentation we've provided below and edit it to include information about ...Direct Loan Reconciliation. The process by which the Direct Loan Cash Balance recorded on the Department of Education system is reviewed and compared with a ’s internal records on a monthly basis. The must: • identify and resolve discrepancies, and • document reasons for their Ending Cash Balance. 4These two webinars, "Direct Loan Reports" and "Direct Loan Primer," are intended for financial aid office, business office, and technical support staff who are new to the Direct Loan Program and are involved in Direct Loan processing. Federal Student Aid staff presented this information in two 90-minute sessions during November 2011.A federal Direct Loan is a federal student loan made directly by the U.S. Department of Education. Generally, if you took out a federal student loan or consolidated your loans on or after July 1, 2010, you have a federal Direct Loan.
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