Loan Requirements During your Studies
NSLDS
The RWCMD is required, in accordance with Federal Regulations, to report your enrolment status to the US Department of Education via the National Student Loan Data System (NSLDS) every month. Reporting students as studying full-time or half-time at USW will defer any previous Federal US Loans taken out before you started your studies at the RWCMD.
Satisfactory Academic Progress
To remain eligible for Federal US Loans during the academic year, students must meet Satisfactory Academic Progress (SAP), and this will be measured before each disbursement of your loan. Students are advised to familiarize themselves with the SAP Policy.
Exit Counselling
Students coming to the end of their studies are required to complete Exit Counselling for each type of Federal US Loan borrowed. This is a condition of your loan terms.
You are required to complete Exit Counselling if you drop to less than half-time, withdraw from your studies or complete your studies.
You can complete Exit Counselling on the StudentLoans.gov website.