Every month, HESC’s “Question and Answer” Web feature includes an interesting question presented to the Office of Counsel and Regulatory Compliance staff.
This month’s winning question, submitted by Ms. Elizabeth Rottkamp Haugen, Senior Assistant Director/Loan Officer at Student Financial Aid Services, is:
Regarding GRAD PLUS entrance interview regulations: Does a student who has received prior GRAD PLUS loans have to complete an entrance interview if they take another GRAD PLUS loan this year?
No. A school must ensure that initial loan counseling is conducted with each graduate or professional student PLUS loan borrower prior to its release of the first disbursement, unless the student has received a prior Federal Plus loan or Direct PLUS loan. (34 CFR 682.604(f)).
Questions regarding this guidance should be directed to the Office of Counsel and Regulatory Compliance at 518- 473-3986, or toll-free at 1-866-431-HESC (1-866-431-4372); press 6, or,
askpolicy@hesc.org