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News You Can Use: Resolving Inadvertent Student Borrowing in Excess of Loan Limits

February 1, 2013

A recent Dear Colleague Letter provides clarification to institutions on how students who have inadvertently received loan funds under the Direct Loan or FFEL programs in excess of annual or aggregate loan limits may regain Title IV eligibility. It also explains the procedures that institutions must follow when a student who has received a Direct Loan disbursement fails to begin attendance.

Please click on the Dear Colleague Letter link to get the full scoop!

Ron Hancock, National Manager, Nelnet Partner Solutions

Ron Hancock, National Manager, Nelnet Partner Solutions

 

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