FS1. Academic Calendars

Description

THIS SESSION IS FOR FOREIGN SCHOOLS ONLY. This session will describe how the structure of the academic programs at your institution impact the awarding and disbursing of Federal Direct Loans. Guidance will be provided on the requirement for defining the Title IV academic year for each program, how the structure of the academic program determines the amount of Direct Loans to be awarded using a Standard Academic Year (SAY) or Borrower Based Academic Year (BBAY), and how the program structure impacts the timing of Federal Direct Loan disbursements. Presenter(s): Byron Scott

Recording