150% Subsidized Loan Limitation: Meeting the Challenge!

Date recorded:  June 18, 2014
Duration: 90 minutes
Available until: November 17, 2014

Although this July will mark one year since the 150 percent Direct Subsidized Loan eligibility limitation went into effect, schools still face many challenges in implementing the requirements. These include understanding the nuances of the limitation and implementing major changes to institutional systems and operations as well as the evolving reporting requirements for the Common Origination and Disbursement (COD) System and National Student Loan Data System (NSLDS). This webinar will review the requirements of the 150 percent Direct Subsidized Loan eligibility limitation and will provide best practices for implementing the requirements on campuses. School panelists will share the approach their institutions have taken to meet the reporting requirements, including how they addressed issues encountered in implementing the requirements on their campuses. They also will discuss the methods they use to inform students of how this limitation can affect their Direct Subsidized Loan eligibility.

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Webinar goals:

To address the challenges to schools in the implementation of the 150 percent subsidized loan limitations by reviewing:

  • Areas that can be confusing or problematic
  • School-related responsibilities
  • Ways in which schools can advise students on how the limitation can affect them

Audience:

Financial aid administrators, Registrar Office staff

Presenters:

  • Karen McCarthy, Senior Policy Analyst
  • Amanda Sharp, Training Specialist
  • Eileen Welsh, Training Specialist 

Panelists:

  • Craig Karlin, Director of Financial Assistance, Fort Hays State University
  • Susan Ladd, Director, Office of Student Financial Planning, Drake University
  • Cristi Millard, Director, Financial Aid, Salt Lake Community College

Moderator:

  • David Futrell, Content Specialist 

Resource Staff: 

  • Nathan Arnold, U.S. Department of Education, Office of Postsecondary Education
  • Ian Foss, U.S. Department of Education, Office of Federal Student Aid