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New schools & federal loans
Started by Sandman23
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Kaiser did the same, but it's definitely not true for all new schools.
New schools are not eligible for Title IV student loans for at least two years (the last time I checked).
There is a loophole for new schools that are affiliated with pre-existing schools, though.
I remember when Northstate opened, their medical students would have been eligible for federal loans because they had a pre-existing pharmacy school.
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Is this a rule for any new school (undergrad, grad, etc)? Or just applicable to med schools? I'm trying to find a credible source for where this is coming from bc I honestly have never heard of it. I'd appreciate if anyone could provide a link
Institutional Eligibility | 2020-2021 Federal Student Aid Handbook
fsapartners.ed.gov
