Effective for the 2020-21 award year, all Direct Loan borrowers (subsidized, unsubsidized, Grad PLUS, and Parent PLUS) will be required to complete the Annual Student Loan Acknowledgment (ASLA) before receiving the first disbursement on the first Direct Loan that the student or parent borrows for each new award year. Given that the Department of Education will make the ASLA available in April, NASFAA would like to ascertain the volume of borrowers who will be immediately impacted by the new requirement. Please respond to this one-question poll.
Higher Education Loans: Higher Education Loans - February 2025
Part 685: Federal Direct Loan Program
Are We Required To Verify That a Student Initiated Attendance In All Classes? (Award Year: 2024-25)
2023-24 NAO - Overview of Financial Aid Handout
Can We Use the Previous Award Year SAI If Our Summer Term Starts After July 1? (Award Year: 2024-25)
Is a Student Eligible For Federal Student Aid For Late Start Courses? (Award Year: 2024-25)
Is the Fry Scholarship Considered Other Financial Assistance? (Award Year: 2024-25)
Are Comment Codes 003 and 049 Treated Differently? (Award Year: 2024-25)
Does a Negative Student Aid Index Impact Non-Need-Based Aid Calculations? (Award Year: 2024-25)
Does Enrollment Intensity Apply To the Other Title IV Programs Beyond Pell? (Award Year: 2024-25)
Can an Approved Endorser Be Removed From a PLUS Loan?
Are We Required To Use "Federal" In the Names Of the Title IV Aid Programs?
How Does a School Respond To Borrower Defense Claims?
ED Releases Final Rule on Latest Income-Driven Repayment Plan
Student Aid Reference Sheet - 2023-24
Comparison of Sub and Unsub for Undergrads
What Is the Status Of the Biden Loan Forgiveness Plan?
What Are the Direct Loan Interest Rates For 2023-24?
FSA Annual Performance Report For Fiscal Year 2022
Are We Required To Check a PLUS Borrower's Default Status Before the Second Disbursement?
What Does Comment Code 300 Mean? (Award Year: 2023-24)
Can a Student Regain Direct Loan Eligibility After Prior Loans Qualified For Veterans TPD Discharge?
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