Federal Student Aid
Loans
100
Once the FAFSA is submitted, this is the only answer you cannot change with the exception of the new 2012-2013 year.
What is Marital Status
100
$57,500—No more than $23,000 of this amount may be in subsidized loans.
What is the Maximum Total Debt from Stafford Loans When You Graduate (aggregate loan limits) Independent Students or those who were unable to obtain a PLUS loan
200
This question pertains to the new requirement that colleges must investigate the high school completion of a student
What is when they or the Department has reason to suspect that the diploma is not valid or did not come from an entity that provides a secondary school education
200
$31,000—No more than $23,000 of this amount may be in subsidized loans.
What is the Maximum Total Debt from Stafford Loans When You Graduate (aggregate loan limits) Dependent Students
300
We no longer require the first $2,400 of unemployment benefits counts as untaxed income. The exclusion of those funds from taxable income was a provision of
What is the American Recovery and Reinvestment Act of 2009
300
6.8%
What is the Federal Subsidized Loan going to effective with any loans originated and disbursed on or after July 1, 2012.
400
is now $31,000 (pertaining to threshold regarding EFC calculation)
What is the maximum income a student or parent can have and remain eligible for the automatic zero EFC
400
6%
What is the Interest rate cap for military members
500
Students need to complete verification if they were not selected until after they were no longer enrolled at the school
What is as long as these students will not receive a late disbursement, you do not need to verify their application
500
Legal binging contract that outlines the details, ramifications, rights and responsibilities regarding student loans
What is Master Promissory Note