Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

The loan limit chart on page 7 of DCL GEN-06-02 does not appear correct. Am I missing something?

April 26, 2017appear chart DCL limit loan MISSING page

0

Posted

The loan limit chart on page 7 of DCL GEN-06-02 does not appear correct. Am I missing something?

1 Answer

0

Posted

Good catch! NCHELP has identified a couple of errors in the chart and will be contacting the Department of Education. For 3rd year and beyond undergraduate, the additional unsub should be $5,000 (not $10,500) and for preparatory coursework (for enrollment in an undergraduate program) the additional unsub should be $4,000 (not $6,625). See DCL GEN- 06- 03 for more details regarding the correction to the chart listed on page 7 of DCL GEN-06-02.