Banner with title Learning Track - Loans

This learning track explores the concepts and formula calculations when awarding Direct Loans in a program of study that is offered in credit hours in standard terms, or in nonstandard terms that are substantially equal and all terms are at least 9 weeks in length (SE9W). These programs are eligible to use either a standard academic year (SAY) or a borrower-based academic year (BBAY1) to monitor annual loan limit and construct the loan period. The track contains two lessons, one learning activity, and an assessment.

This learning track explores the concepts and formula calculations when awarding Direct Loans in a program of study that is offered in clock hours, nonterm credit hours, or  in nonstandard terms than are not substantially equal (NSE). These programs must use a borrower-based academic year (BBAY3) to monitor annual loan limit and construct the loan period. The track contains two lessons, one learning activity, and an assessment.

This learning track reviews the requirements for both Direct Loan entrance and exit counseling. The track contains two lessons and an assessment.