What is NSLDS used for?
The National Student Loan Data System (NSLDS) is the U.S. Department of Education’s central database for student aid. It receives data from schools, agencies that guaranty loans, the Direct Loan program, and other U.S. Department of Education programs.
What does SP mean in financial aid?
Satisfactory Academic Progress Criteria
Financial Aid Satisfactory Academic Progress Criteria Students must maintain a minimum cumulative grade point average of 2.0 for all credit hours attempted.
What is admissions NSLDS?
The National Student Loan Data System (NSLDS) is the U.S. Department of Education’s (ED’s) central database for student aid. NSLDS receives data from schools, guaranty agencies, the Direct Loan program, and other Department of ED programs. View your current enrollment, or let NSLDS know about future enrollment.
Is NSLDS Ed Gov a real website?
You can access information about your federal student loans through NSLDS, the National Student Loan Data System (www.nslds.ed.gov). NSLDS is the U.S. Department of Education’s central database for federal student loans and financial aid.
Who can access NSLDS?
Federal privacy laws protect this information. The only people who can access NSLDS are those individuals that need the information to calculate your future aid eligibility, or to resolve questions about your loans or grants on a need-to-know basis.
Can you still use deferment or forbearance?
Both allow you to temporarily postpone or reduce your federal student loan payments. The main difference is if you are in deferment, no interest will accrue to your loan balance. If you are in forbearance, interest WILL accrue on your loan balance.
What does overpayment mean on NSLDS?
Overpayments-The student has one or more active overpayments in the NSLDS database. Discharged-The borrower has one or more loans with a discharge code. Discharges are identified according to the following order of precedence.
