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

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