McClintock Minute

Follow

Articles by Matt de Vries, CPA

SULA Repeal Simplifies Requirements for Schools and Students

SULA Repeal Simplifies Requirements for Schools and Students

By Matt de Vries, CPA June 18, 2021

Administering the Federal Direct Loan program just got a little simpler, as the Department of Education (ED) recently announced that the 150% Direct Subsidized Loan limit, or “SULA” is being repealed.  What exactly does this mean for postsecondary institutions and for their students? McClintock & Associates has reviewed the final…