CSLP 100-2.0 The Certified Student Loan Professional Program

CSLP 100-2.0

A deep dive into the student loan repayment plans: Direct/Non-direct loan types, Parent plus, consolidations, Interest capitalization, amortization, SAVE program, PAYE, ICR, IBR programs, the MPN, deferment and forbearance, and private loans.

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Course curriculum

Module list

1. The V2 CSLP Program 9 minute overview
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1. Getting Started & Time & Resources
2. Program Objectives
3. Navigating the Course
1. Highlights of Major Program Content Changes
2. Overview of the changes
3. Student Debt Cancellation
4. Fresh Start
5. IDR Account Adjustment
6. The new SAVE Plan
7. Interest Treatment Capitalization
8. New Rules on Discharges
9. PSLF
10. Cancellation and Taxation
11. Application and Implementation
1. SAVE Program Legal Challenges - June 2024
1. Terminology Introduction
2. Amortization
3. Collection Costs | Commercially held federal loan | Consolidation
4. Deferment | Discretionary Income
5. Enrollment Status | Extended Repayment Plan
6. Federal Student Aid | Forbearance | FSA ID |
7. Grant | Guaranty agency
8. Income Based Repayment | Income Driven Repayment | Income Contingent Repayment | Interest
9. Loan Repayment Assistance Program (LRAP)
10. Master Promissory Note (MPN)
11. New Borrower
12. Ombudsman Group
13. Partial Financial Hardship | Pay as you Earn Program | Perkins Loan | Principal | Private Student Loan | Proprietary School | Public Service Loan Forgiveness
14. Rehabilitation | Revised Pay as You Earn
15. Scholarships | Service obligation | Standard Repayment Plan | Subsidized
16. Total and Permanent Disability Discharge | Treasury Offset
17. Unsubsidized
18. Waived
1. On ramp to the restart of student loan repayment
1. Perspective
2. Completing Forms
3. Fed Workflow
4. Gift Aid
5. Financial Aid Offers
6. Loan Acceptance
7. Signing the note
8. The For Profit industry
9. Accounting
10. The Loan Servicer
11. Counseling
12. Repayment and Loan Servicer
1. Introduction and Details on Simple Interest
1. Introduction and Overview to Amortization
2. Amortization Calculation Spreadsheet 1
3. Amortization Calculation Spreadsheet 2
4. Amortization Calculation Spreadsheet 3
1. Direct Loan Types and Limits
2. Direct Loan Borrower Types
3. Types of Direct Consolidation Loans
4. Subsidized and Unsubsidized Borrowing Limits
1. Non-Direct Loan Types
2. History of Federal Loans
3. The Non-Direct Loan
4. Old Federal Loan Types
5. Summary
1. Introduction
2. Credit Check
3. Parent Plus Requirements and Endorsers
4. Direct Parent Plus and Deferment
5. Available repayment plans and conclusions
1. Introduction and Overview
2. Consolidation Cautions
3. Why Consolidate?
4. Accrued time toward forgiveness
5. Joint Consolidation Separation Act
6. Term of repayment depends on balance. Timing of Consolidation.
1. Introduction: Fixed vs. Variable Rates
2. Federal Interest Rates. Statutory scheme for Direct Loan Interest rates. Current Scheme
3. Fixed Rates
4. Fixed Rates: Unsubsidized and Undergraduate
5. Fixed rates: Subsidized and Undergraduate
6. Update Fixed Rates: Unsubsidized Graduate and Professional
7. Fixed Rates Plus Loans for Parent Graduate or Professional
8. Current statutory scheme for direct loan interest rates
9. Interest Rates - Direct - Between 7/1/23 and 6/31/24
10. Simple daily interest formula
1. Federal Repayment Plans: Graduated, Standard, Consolidations, IDR Plans
1. Introduction to Interest Capitalization
2. Interest Capitalization and the Higher Education Act
3. Treatment of Accrued Interest
1. IDR Plans: Discretionary Income (Poverty levels to calculation): Family size, income
2. Income Calculations and Federal Forms
3. Fed Poverty Levels, Discretionary Income Calcs, Comparing SAVE, IBR, PAYE and ICR Interest
4. SAVE
1. SAVE Program Introduction; Payment Amount; Income Eligibility; Borrower Eligibility; Poverty Guidelines
2. Borrowers responsibility for interest; discretionary income calculations, required interest payments
3. SAVE Program: Forgiveness and Recertification
1. Introduction to IBR; Borrower and Income Eligibility
2. IBR and Income
3. Forgiveness period, Discretionary Income, Borrower Interest and capitalization
4. Leaving the plan, family size and recertification
1. Introduction and Program Termination
2. Repay or Leave Program, Calculating Payment Amount
3. Discretionary Income Factors
4. Leaving the Plan
5. Interest Capitalization
6. Recertify income, family size, eligibility
7. Leaving PAYE
8. Forgiveness, borrower responsibilities, and interest
1. ICR Overview and Borrower Eligibility
2. ICR and Discretionary Income
3. Payment Calculations; Income Percentage Factors, Amortization
4. ICR Forgiveness
5. ICR Interest Capitalization, Recertify Income & Family Size
6. ICR Income Eligibility; Borrower responsibility for Interest
1. MPN
1. Overview
2. Covid 19 Forbearance - Types: General; Economic Hardship; In-School; Debt Burden;
3. Unemployment Forbearance; Graduate Fellowship Deferment; Rehabilitation Training Deferment
4. Military Service and Post-Active Duty Student Deferment; Forbearance
1. Sources Review
2. Underwriting terms, cosigners and release, securitization, refinancing
3. Private loan terms, lack of consumer protections, collections
4. Summary
1. Federal Student Loan Aid Website As Valuable Source
2. FSA Site Knowledge Center
3. National Consumer Law Center
1. CSLP 100-2.0 Final Exam Read Me
2. CSLP 100-2.0 Course Exam 2.01

About this course

$495.00
125 lessons
7.5 hours of video content

Learn the basics of student loan advising

A deep dive into all the latest loan repayment programs, rules, and what you must know for 2024

Enroll today

Certified Student Loan Professional (CSLP)

CSLP 100-2.0

Course curriculum

New Program - 9 min Intro

Objectives

CSLP Introduction - What's New

Updates

Terminology - Common Terms Used in Student Loan Management

On Ramp - Student Loan Repayment Restarts

Getting a Federal Student Loan

Simple Interest

Amortization

Direct Loan Types

Non-Direct Loan Types

Direct Parent PLUS

Direct Consolidation

Direct Interest Rates and Fees

Federal Repayment Plans

Capitalization

Income Driven Repayment Plans

Saving on a Valuable Education (SAVE)

Income-Based Repayment (IBR)

Pay As You Earn (PAYE)

Income-Contingent Repayment

Direct Loan MPN

Deferment or Forbearance

Private Student Loan Overview

Reliable Information Sources

CSLP 100-2.0 Course Exam

About this course

Learn the basics of student loan advising