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:
If a student is separately enrolled and meets eligibility requirements at more than one school, may the student receive FFEL loans from multiple schools for the same loan period?
Yes. The schools that the student is attending must work together to ensure that the student does not exceed annual loan limits and that the schools do not duplicate non-institutional costs, such as room and board, in the student’s cost of attendance.
For additional information, see the 2008 Common Manual, Chapter 5, Section 5.15.
Direct questions regarding this guidance 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 via email at
askpolicy@hesc.org.