Knowledge Center FAQs

The following list of Frequently Asked Questions (FAQs). address various aspects of Title IV federal student aid. Use the Current vs. Historical toggle to filter between FAQs that are current and FAQs that are being maintained for historical purposes.

These Frequently Asked Questions provide information and operational guidance on implementing the 150% limit. Schools must review the interim regulations as published in the Federal Register on May 16, 2013 and associated guidance to ensure that they are in compliance with all of the 150% limit requirements.

These Frequently Asked Questions provide information and operational guidance on the requirements of the cash management regulations. Institutions must review all applicable cash management regulations to ensure that they are in compliance with the cash management requirements.

These Frequently Asked Questions provide information and operational guidance on default management. The questions also address information about the cohort default rate guide.

These Frequently Asked Questions provide information and operational guidance on the Perkins Loan Program. The listing of Frequently Asked Questions will be updated periodically and include the date of the update. New and/or updated questions and answers will be marked NEW.

These Frequently Asked Questions provide information and operational guidance on Foreign Schools for schools.

These Frequently Asked Questions provide information and operational guidance on Foreign Schools for students.

These Frequently Asked Questions provide information about the servicing and collection of federally-owned loans.

The answers to these Frequently Asked Questions provide information and guidance pertaining to third-party servicers. Institutions should review all applicable requirements and guidance to ensure that they are in compliance with the applicable third-party servicer requirements.