Direct Subsidized Loan Eligibility and Pell Greant LEUs

As you are aware, ED released two notices in May that relate to federal financial aid.  Those notices were in reference to the new limit on sub loan eligibility and Pell Grant LEUs. Please take a look at these articles for more information.

http://www.nasfaa.org/Main/orig/2013/New_Limits_On_Direct_Loan_Interest_Subsidies__Effective_Date,_Part-time_Enrollment,_And_Transfer_Students.aspx

http://www.nasfaa.org/Main/orig/2013/New_Limit_on_Direct_Loan_Interest_Subsidies__Treatment_of_Preparatory_Coursework.aspx

http://www.nasfaa.org/Main/orig/2013/New_Limit_on_Direct_Loan_Interest_Subsidies__Borrower_Responsibility_for_Accruing_Interest.aspx

http://www.nasfaa.org/Main/orig/2013/ED_Releases_Guidance_on_Pell_Grant_LEUs.aspx

Thanks,
Amy Berrier
NCASFAA Legislative Advisory Chair
SASFAA Legislative Relations Chair

Post by the SCASFAA Legislative Relations Committee