StaffordLoansWhat typesof loans geta graceperiod?EffectiveDateWhat is thedate calledwhen wereceive apayment?Proof ofPaymentIf the borrower claimsthey made a paymentto us and it’s notposting to theirEdfinancial account,what quickmailershould you sendthem?120How manyqualifyingpayments doesa borrower needto reach PSLF?2-3daysHow long can ittake for AutoPayto be active if theborrower sets it upor makes changesto it?PSLFHelpToolWhat does theborrower needto use to certifytheiremployment forPSLF?High;lowICR might be agood option for aborrower with a_____income and______loanbalance.WelcomeLetterWhat will we sendborrowers oncewe have theirloans loaded intoour system for thefirst time?PLUSLoansWhat typesof loansrequire acreditcheck?HighlyQualifiedTeacher- Attained at least abachelor's degree- Received full statecertification as a teacher;and- Not had certification orlicensure requirementswaived on an emergency,temporary or provisionalbasis.13cWhat screencan we viewthe 1098-Einformation?8/31/2023As of right now,when is theNationalEmergencyForbearanceset to end?SCHLWhat is theloan statuscode for "InSchool"Status?3/13/2020When didthe COVIDForbbegin?120-DayRulePaymentCancellationPayment isalso knownas what?ConsecutiveIf a borrower hasused 36 months of________ THF timeat ANY point sincethe loan wasdisbursed, we will notapprove a THFextension. $5 exitpaymentWhat’s required bythe customer ifthey want to leavethe IBR plan andmove to a differentpayment plan?4How manycreditreportingagencies dowe report to?CertifiedPhysicianWhen applyingfor the CancerTreatmentDeferment, whoneeds to fill outthe form?OriginationProcess whenthe Dept ofEducationcreates aloan.NegativeAmortizationWhat is it calledwhen the paymentdoesn't cover themonthly interestaccrual?12monthsHow longis an IDRactive for?3yearsWith the PAYEplan, how longwill the interestbenefit forsubsidized loansoccur?PostedDateWhat is thedate calledwhen thepayment isapplied to anaccount?2yearsHow oftendoes thegraduatedplan paymentincrease?TwiceConsolidateParent PLUS customersmay be able to do moreIDR plans other than ICR ifthey_____________________.Last Dayof theMonthWe report tothe consumerreportingagencies onwhich day ofthe month?10-30yearsWhat is theloan term rangeforConsolidatedloanborrowers?36How manymonths ofEHD does aborrowerhave to use?181What screen ofCLASS can youcheck to see if aconsolidation loanpaid off a ParentPlus Loan?.25%Direct Loanborrowers get aninterest ratereduction of ____when Kwikpay isactive.180How many daysbefore a schoolcloses is theborrower noteligible for SchoolClosureDischarge?7/1/2006Whatseparatespre- andpost-HERAloans?FORCWhat is theforbearance codethat identifies theNationalEmergencyForbearance forCOVID-19?StaffordLoansWhat typesof loans geta graceperiod?EffectiveDateWhat is thedate calledwhen wereceive apayment?Proof ofPaymentIf the borrower claimsthey made a paymentto us and it’s notposting to theirEdfinancial account,what quickmailershould you sendthem?120How manyqualifyingpayments doesa borrower needto reach PSLF?2-3daysHow long can ittake for AutoPayto be active if theborrower sets it upor makes changesto it?PSLFHelpToolWhat does theborrower needto use to certifytheiremployment forPSLF?High;lowICR might be agood option for aborrower with a_____income and______loanbalance.WelcomeLetterWhat will we sendborrowers oncewe have theirloans loaded intoour system for thefirst time?PLUSLoansWhat typesof loansrequire acreditcheck?HighlyQualifiedTeacher- Attained at least abachelor's degree- Received full statecertification as a teacher;and- Not had certification orlicensure requirementswaived on an emergency,temporary or provisionalbasis.13cWhat screencan we viewthe 1098-Einformation?8/31/2023As of right now,when is theNationalEmergencyForbearanceset to end?SCHLWhat is theloan statuscode for "InSchool"Status?3/13/2020When didthe COVIDForbbegin?120-DayRulePaymentCancellationPayment isalso knownas what?ConsecutiveIf a borrower hasused 36 months of________ THF timeat ANY point sincethe loan wasdisbursed, we will notapprove a THFextension. $5 exitpaymentWhat’s required bythe customer ifthey want to leavethe IBR plan andmove to a differentpayment plan?4How manycreditreportingagencies dowe report to?CertifiedPhysicianWhen applyingfor the CancerTreatmentDeferment, whoneeds to fill outthe form?OriginationProcess whenthe Dept ofEducationcreates aloan.NegativeAmortizationWhat is it calledwhen the paymentdoesn't cover themonthly interestaccrual?12monthsHow longis an IDRactive for?3yearsWith the PAYEplan, how longwill the interestbenefit forsubsidized loansoccur?PostedDateWhat is thedate calledwhen thepayment isapplied to anaccount?2yearsHow oftendoes thegraduatedplan paymentincrease?TwiceConsolidateParent PLUS customersmay be able to do moreIDR plans other than ICR ifthey_____________________.Last Dayof theMonthWe report tothe consumerreportingagencies onwhich day ofthe month?10-30yearsWhat is theloan term rangeforConsolidatedloanborrowers?36How manymonths ofEHD does aborrowerhave to use?181What screen ofCLASS can youcheck to see if aconsolidation loanpaid off a ParentPlus Loan?.25%Direct Loanborrowers get aninterest ratereduction of ____when Kwikpay isactive.180How many daysbefore a schoolcloses is theborrower noteligible for SchoolClosureDischarge?7/1/2006Whatseparatespre- andpost-HERAloans?FORCWhat is theforbearance codethat identifies theNationalEmergencyForbearance forCOVID-19?

New Hire Training Advanced - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. What types of loans get a grace period?
    Stafford Loans
  2. What is the date called when we receive a payment?
    Effective Date
  3. If the borrower claims they made a payment to us and it’s not posting to their Edfinancial account, what quickmailer should you send them?
    Proof of Payment
  4. How many qualifying payments does a borrower need to reach PSLF?
    120
  5. How long can it take for AutoPay to be active if the borrower sets it up or makes changes to it?
    2-3 days
  6. What does the borrower need to use to certify their employment for PSLF?
    PSLF Help Tool
  7. ICR might be a good option for a borrower with a _____income and ______loan balance.
    High;low
  8. What will we send borrowers once we have their loans loaded into our system for the first time?
    Welcome Letter
  9. What types of loans require a credit check?
    PLUS Loans
  10. - Attained at least a bachelor's degree - Received full state certification as a teacher; and - Not had certification or licensure requirements waived on an emergency, temporary or provisional basis.
    Highly Qualified Teacher
  11. What screen can we view the 1098-E information?
    13c
  12. As of right now, when is the National Emergency Forbearance set to end?
    8/31/2023
  13. What is the loan status code for "In School" Status?
    SCHL
  14. When did the COVID Forb begin?
    3/13/2020
  15. Cancellation Payment is also known as what?
    120-Day Rule Payment
  16. If a borrower has used 36 months of ________ THF time at ANY point since the loan was disbursed, we will not approve a THF extension.
    Consecutive
  17. What’s required by the customer if they want to leave the IBR plan and move to a different payment plan?
    $5 exit payment
  18. How many credit reporting agencies do we report to?
    4
  19. When applying for the Cancer Treatment Deferment, who needs to fill out the form?
    Certified Physician
  20. Process when the Dept of Education creates a loan.
    Origination
  21. What is it called when the payment doesn't cover the monthly interest accrual?
    Negative Amortization
  22. How long is an IDR active for?
    12 months
  23. With the PAYE plan, how long will the interest benefit for subsidized loans occur?
    3 years
  24. What is the date called when the payment is applied to an account?
    Posted Date
  25. How often does the graduated plan payment increase?
    2 years
  26. Parent PLUS customers may be able to do more IDR plans other than ICR if they _____________________.
    Twice Consolidate
  27. We report to the consumer reporting agencies on which day of the month?
    Last Day of the Month
  28. What is the loan term range for Consolidated loan borrowers?
    10-30 years
  29. How many months of EHD does a borrower have to use?
    36
  30. What screen of CLASS can you check to see if a consolidation loan paid off a Parent Plus Loan?
    181
  31. Direct Loan borrowers get an interest rate reduction of ____ when Kwikpay is active.
    .25%
  32. How many days before a school closes is the borrower not eligible for School Closure Discharge?
    180
  33. What separates pre- and post-HERA loans?
    7/1/2006
  34. What is the forbearance code that identifies the National Emergency Forbearance for COVID-19?
    FORC