How soon will schools that currently participate in the FFEL Program be required to convert to the Direct Loan Program?
If approved, the change will not be effective until July 1, 2010 (generally, the 2010-2011 school year). However, schools should begin a review of their internal policies, business processes, and systems to determine what changes they will need to make, and when, for conversion to the Direct Loan Program.
Related Questions
- When are schools required to recalculate the cost of attendance used to certify a FFEL Program loan when a students enrollment status changes from full time to at least half time?
- How soon will schools that currently participate in the FFEL Program be required to convert to the Direct Loan Program?
- Do any private schools currently participate in the Public Education Department’s testing program?
