This learning track explores the concepts and formula calculations when packaging 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. You will also learn more about PLUS Loan borrowing. The track contains three courses and should take around 55 minutes to complete.
This learning track explores the concepts and formula calculations when packaging 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. You will also learn more about PLUS Loan borrowing. The track contains three courses and should take around 55 minutes to complete.
This learning track reviews the requirements for both Direct Loan entrance and exit counseling. The track contains two courses and should take around 20 minutes to complete.
This learning track first reviews the history of the Federal Perkins Loan program then focuses on how to manage your loan portfolio including collections, assigning loans to the Department, and ending participation in the program. The track contains one course and should take around 20 minutes to complete.