[Oasfaa] ED Announces Implementation of Repeal of Subsidized Usage Limit Restriction

[Boyd, Lori]

ED Announces Implementation of Repeal of Subsidized Usage Limit Restriction<https://nam04.safelinks.protection.outlook.com/?url=http%3A%2F%2Fnasfaa.informz.net%2Fz%2FcjUucD9taT0xMDA2OTg1NyZwPTEmdT0xMDA3MDA3NjE0JmxpPTg3NDU1MzE4%2Findex.html&data=04%7C01%7Clori.boyd%40okstate.edu%7C86c0ecbe613d497bcf5c08d92f2c8006%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637592690439444617%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=Cv8SL5poSB2Nxoe5gvQ2q89mSEM8ZsRiT%2Bz4P%2F6W4fE%3D&reserved=0>
The Department of Education (ED) in a Federal Register notice and Electronic Announcement said it will early implement the repeal of the limitation on lifetime subsidized loan eligibility, known as Subsidized Usage Limit Applies (SULA), which currently bars students from receiving subsidized Direct Loans for more than 150% of the published length of their program. Congress, through the Consolidated Appropriations Act, 2021, required ED to implement the repeal by July 1, 2023.


[cid:image001.png at 01D5373C.65A18FB0]<https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fgo.okstate.edu%2F&data=02%7C01%7Clori.boyd%40okstate.edu%7Cfcfeed9a6b784060435408d715e51342%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637001945918207338&sdata=%2BDg8VmxLrfRa2Pl%2BEOEPX7il6X1boaRSTQT0V%2BWSErk%3D&reserved=0>
LORI BOYD
ASSISTANT DIRECTOR OF
FISCAL OPERATIONS

Office of Scholarships and Financial Aid
405.744.8730 * 119 Student Union * finaid.okstate.edu<https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fgo.okstate.edu%2Fscholarships-financial-aid%2Findex.html&data=02%7C01%7Clori.boyd%40okstate.edu%7Cfcfeed9a6b784060435408d715e51342%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637001945918217346&sdata=BwzGz5gMsxJvdRDVhin%2BcD78kNgHFZrYqLK4pdlTeTw%3D&reserved=0>
[cid:image010.png at 01D5373D.52894C00]<https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fgo.okstate.edu%2F&data=02%7C01%7Clori.boyd%40okstate.edu%7Cfcfeed9a6b784060435408d715e51342%7C2a69c91de8494e34a230cdf8b27e1964%7C0%7C0%7C637001945918227355&sdata=e39Gdr6Th679CJptxOjgoOdvAYLG9g2h2Kkp08RfoRY%3D&reserved=0>


-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.onenet.net/pipermail/oasfaa/attachments/20210615/90665905/attachment.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.png
Type: image/png
Size: 11714 bytes
Desc: image001.png
URL: <http://lists.onenet.net/pipermail/oasfaa/attachments/20210615/90665905/attachment.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.png
Type: image/png
Size: 4958 bytes
Desc: image002.png
URL: <http://lists.onenet.net/pipermail/oasfaa/attachments/20210615/90665905/attachment-0001.png>