150% Direct Subsidized Loan Limit Frequently Asked Questions

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.

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.

The questions below are grouped by the follow categories:

- First-Time Borrowers [FTB]

- Maximum Eligibility Period [MEP]

- Subsidized Usage Period [SUP]

- Remaining Eligibility Period [REP]

- Loss Of Eligibility [ELIG]

- Interest Subsidy [INT]

- Entrance And Exit Counseling [CSL]

- Preparatory Coursework [PREP]

- Teacher Certification [TEACH]

- Notifications [NTF]

- Other [OTH]

- Academic Year And Loan Period Reporting [AYLP]