College Financial Aid Office
Common Manual
South Carolina Student Loan is proud to offer you access to the Electronic Common Manual (ECM), in addition to the Integrated Common Manual (if you prefer to see all changes and updates integrated into the manual).
Common Manual updates are provided by SCSL to assist your institution in staying up to date on changes made to the Common Manual since its last printing. Changes to the manual are approved by the Common Manual Governing Board as of the date indicated for each update below:
January 19, 2012 (Batch 183) - "Monitoring Enrollment on PLUS Loans", "Teacher Loan Forgiveness Program - Partial Discharge of a Spousal Consolidation Loan".
December 15, 2011 (Batch 182) - "Teacher Loan Forgiveness Interruptions in Qualifying Teaching Service" and "Medical or Dental Internship or Residency Forbearance".
November 17, 2011 (Batch 181) - "Preferred Lender Arrangements", "Parent PLUS Loans and the FAFSA", and "Military Service and Post-Active Duty Student Deferment Form".
October 11, 2011 (Batch 180) - "Electronic Bankruptcy Documents", "Modules and Return of Title IV Funds", and "Direct Consolidation Loan Program Treatment of Underpayments and Overpayments".
September 15, 2011 (Batch 179) - "Low Cohort Default Rate Exemptions from Multiple Disbursement and Delayed Delivery Requirements", "Academic Competitiveness, National SMART, and TEACH Grant Programs", and "Additional Documentation Requested by the Guarantor".
April 21, 2011 (Batch 178) - "Purchasing Necessary Books and Supplies", "Last Date of Attendance at an Academically-Related Activity", "Return of Title IV Funds in a Credit-Hour Program Offered in Modules".
April 21, 2011 (Batch 177) - "Gainful Employment Provisions", "Satisfactory Academic Progress", "Ability-to-Benefit Provisions", "Withdrawal and Return to a Term-Based Credit-Hour Program Offered in Modules", "Campus-Based Programs".
April 21, 2011 (Batch 176) - "School Misrepresentation", "Definition of 'Module' ", "Certifying Loans in Both the FFELP and the FDLP".
April 21, 2011 (Batch 174) - "State Authorization".
March 17, 2011 (Batch 175) - "Incentive Compensation", "Evaluating the Validity of a Student's High School Completion", "Loan Limits and Progressing from Undergraduate to Graduate Grade Levels", "Withdrawal Dates at a School That Is Required to Record Attendance".
February 17, 2011 (Batch 174) - "Written Agreements to Provide Educational Programs", "Definition of Full-Time Student - Retaking Coursework".
January 20, 2011 (Batch 173) - "Teacher Loan Forgiveness Eligibility", "Eligibility for Total and Permanent Disability Discharge When a Loan Is Paid in Full by Involuntary Payment", "Refund of Payments When Borrower Approved for Total and Permanent Disability Discharge", "Exceeding and Prior Overpayments Data Match, Prior Default Data Matches and Reinstatement of Title IV Eligibility".
November 18, 2010 (Batch 172) - "Civil Legal Assistance Attorney Student Loan Repayment Program", "Exceptional Performer Claim Designation", and "Prorated Stafford Annual Loan Limits".
October 21, 2010 (Batch 171) - "Program Participation Agreement and Voter Registration", "Relief from the Consequences of Cohort Default Rates", "Definition of Institution of Higher Education", "Loan Funds Delivered to a Student Who Subsequently Drops to Less-Than-Half-Time Enrollment".
September 16, 2010 (Batch 170) - "Determining Current-Year and Prior-Year Charges", "30-Day Payment Due Date Extension for PLUS Loans", "Definition of Institution-Affiliated Organization", "Remitting Consolidation Loan Rebate Fee Payments", "Lender Disbursement".
April 15, 2010 (Batch 169) - "Qualifying Teaching Service for the Teacher Loan Forgiveness Program", "Revised Inducement Rules", "Lender Reporting Requirements Relating to Preferred Lender Arrangements", "90/10 Rule for Proprietary Schools", "Private Education Loans", "Preferred Lender Arrangements and Lists", "Eligible Borrower Reaffirmation", "New Loan Eligiblity after a Total and Permanent Disability Loan Discharge", "Borrower's Rights and Responsibilities", "Repayment Disclosures Exception for Invalid Address", "Total and Permanent Disability - VA", "Total and Permanent Disability Loan Discharge Based on Regular Determinations", "IBR for FFELP Consolidation of a Defaulted Loan", "Electronic Notification Package for Cohort Default Rate (eCDR) and Loan Record Detail Report Request", "Cohort Default Rate Adjustments and Appeals", "Administrative Capability Standards".
April 15, 2010 (Batch 168) - "Requirements for a Teach-Out Plan", "Baccalaureate Libral Arts Programs Offered by Proprietary Institutions", "Additional Location as the Result of a Teach-Out", "Student Consumer Information", "Entrance Counseling", "Student Eligibility after Drug-Related Offenses", "Correspondence and Distance Education Courses", "Multiple Disbursements and Low Cohort Default Rate Exemptions", "Income-Based Repayment (IBR) Schedule", "Lender Disclosures during Repayment", "Disclosure When Granting a Deferment on Unsubsidized Stafford and PLUS Loans", "Economic Hardship Deferment Eligibility", "Lender Disclosures during Delinquency", "Lender Disclosures - Consolidation Loans".
March 18, 2010 (Batch 167) - "Plans to Combat Unauthorized Distribution of Copyrighted Material", "School Code of Conduct", "Interest Capitalization on PLUS Loans", "Post-Enrollment Deferment", "Forbearance Contact Clarifications", "Administrative Forbearance for Aligning Repayment on Certain PLUS Loans", "Total and Permanent Disability Discharge Eligiblity for Paid-in-Full Loans".
March 18, 2010 (Batch 166) - "Required Information on the Default Aversion Assistance Request Form", "Required Information on Claim Form", "Eligible Lender Trustee and School Acting as a Lender Annual Audit Clarification", "Revised SCRA Provisions", "Repayment Disclosure Changes", "Loan Rehabilitation - Prior Holder Reporting Requirements", "Managing Overawards".
February 18, 2010 (Batch 165) - "Transfer of Ownership Notification or Assignment", "Student Consumer Information", "Increased Unsubsidized Stafford Loan Limits for Health Professions Students and Academic Year Length", "How to Pay Credit Balances", "Delivery Methods".
January 21, 2010 (Batch 164) - "Defining an Academic Year", "Low Cohort Default Rate Exemptions from Multiple Disbursement and Delayed Delivery Requirements", "Mandatory Administrative Forbearance Eligibility for Internship or Residency", "Historic Special Allowance Information".
December 17, 2009 (Batch 163) - "Forwarding Docoumentation of Other Claim Types", "Credit-Hour Programs Offered in Modules".
November 19, 2009 (Batch 162) - "U.S. Passport Card for United States Citizenship and Immigration Services (USCIS) Documentation", "Borrower Eligibility for a New Loan When a Prior Loan is Conditionally Discharged", "Additional Unsubsidized Stafford Loan Eligibility", "In-School and Post-Enrollment Deferments for PLUS Loans", "Stafford Annual Loan Limits for a Student Enrolled in Teacher Certification or Preparatory Coursework for Graduate or Professional Program", "Regaining Eligiblity for New Stafford Loan Funds after an Inadvertent Overaward", "Borrower Right to Cancel All or a Portion of Stafford or PLUS Loan Funds Disbursed by EFT or Master Check", "Prorated Stafford Annual Loan Limits".
October 15, 2009 (Batch 161) - "Total and Permanent Disability Claims", "Income Documentation for Income-Based Repayment", "Credit Standards and Adverse Credit", "Increased Unsubsidized Stafford Loan Limits for Health Profession Students", "Additional Unsubsidized Stafford Loan".
September 17, 2009 (Batch 160) - "Reduced Interest Rate Documentation for Claims", "Identity Theft and Ineligible Borrower Claim Documentation", "Permissible Activities for Lenders", "Federal Veterans' Education Benefits and Estimated Financial Assistance", "Increased Unsubsidized Stafford Loan Limits for Health Professions Students", "Reporting Social Security Number Changes or Corrections", "Completing Loan Verification Certificates".
For policies approved prior to this date, click here.
If you have any questions regarding these updates, please e-mail Cheryl Hughes; you may also reach Cheryl by calling (803) 612-5030.
