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Does student loan default apply to cost-effective training?

April 26, 2017cost-effective Default student loan TRAINING

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Does student loan default apply to cost-effective training?

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Student loan default requirements apply to any postsecondary program that is eligible for Pell funds. See Defaulted Student Loans Section on page 14 of the new college policy: VESID is prohibited from paying for any training or related services at an institution of higher education for an individual who owes a refund on a grant or is in default of a student loan unless the individual makes maximum effort to resolve the default. Q15. What is the VRC’s role in reviewing the VES 845 (VESID Contribution Calculation Work Sheet) and the application of comparable benefits when this form goes directly to the Finance Office from the college? Most local VESID financial offices request input from the VESID Vocational Rehabilitation Counselor if there are any questions. If the VESID VRC has a question or if they want aid applied a certain way, they should inform the college and their local VESID finance office. Q16. How will VESID CO update colleges and college bookstores on our new college policy