Published in April 2019 for the 2019-20 program year.
This guide covers the fundamentals of the Federal Direct Student Loan (Direct Loan) programs, including loan types, loan features, loan counseling requirements, and borrower eligibility. With this foundation, learners will then gain an understanding of the calculation of loan amounts, including frequency of borrowing, annual and aggregate loan amounts, application of the 150 percent limitation on borrowing Direct Subsidized Loans, and the rules for proration of annual loan limits. Completion of this self-study guide qualifies individuals to take the corresponding NASFAA Professional Credential test.
Available as a PDF only. Upon purchase, you'll have access to download the PDF from the NASFAA website. This PDF is available until June 30, 2020.
Lesson 1: Introduction to Direct Loans
Lesson 2: Factors for Calculating Loan Amounts
Lesson 3: Direct Loan Amounts and Limits
Lesson 4: Calculating Direct Loan Eligibility
Lesson 5: Loan Counseling
Lesson 6: Direct Loan & FFEL Repayment Features
Lesson 7: Direct Loan & FFEL Repayment Plans