New Hire Training - Fundamental - 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.

1. The benefiting student is enrolled at least half-time at a Title IV School.
   PLUS In School Deferment
2. What kind of request should you submit if a borrower wants to switch to a term based repayment plan?
   LS Res>Acct Analyst>Repayment Options
3. When do FFELP borrowers need to consolidate by in order to benefit from PSLF?
   End of 2023
4. Consolidation loans may end up as two separate loans due to ________________.
   Interest Subsidy Benefits
5. When the monthly pmt calculation does not cover the monthly interest accrual.
   Negative Amortization
6. The borrower must be 100% disabled and unable to work.
   Total and Permanent Disability Discharge
7. The borrower is enrolled at least half-time at a Title IV school during the previous term and plans to enroll at least half-time at a Title IV school next term.
   Semester Bridge Deferment
8. The borrower is on this deferment with another servicer, or receives federal/state public assistance, or serves in the PeaceCorp, or works full-time but falls below the poverty guideline for their household size.
   Economic Hardship Deferment
9. The borrower’s total monthly payment on eligible federal student loan(s) is equal to or greater than 20% of the total monthly income.
   Loan Debt Burden Forbearance
10. The borrower or benefitting student has passed away.
    Death Discharge
11. The borrower is deployed in a war effort/contingency operation/national emergency.
    Military Deferment
12. Which Sharepoint Site would you submit a request to for a missing payment?
    Finance
13. What does a borrower need to remember to write on their check or money order before mailing us a pmt?
    SSN or Acct Number
14. When federal student loans default, who do we transfer the loans to?
    Default Resolution Group
15. Interest rates for consolidation are determined by using a ______________________ of the underlying loans.
    Weighted Average
16. The borrower is in a rehab program for vocational rehab, drug abuse, mental health treatment, alcohol abuse, or rehab training for disabled individuals by the Dept. of Veteran’s Affairs.
    Rehabilitation Training Deferment
17. What do deferments and forbearances have in common?
    Pause payments for a definite amount of time
18. The borrower must have been prevented from completing their education and be unable to transfer their credits to another school.
    Closed School Discharge
19. The borrower must be a highly-qualified teacher and teach at least 5 consecutive years at a Title I school.
    Teacher Loan Forgiveness
20. The borrower is registered with a public or private employment agency or is receiving unemployment benefits.
    Unemployment Deferment
21. The borrower holds a bachelor’s degree and is enrolled full-time in a graduate fellowship program.
    Graduate Fellowship Deferment
22. Borrower lives, works, or attends school in an area affected by a natural disaster.
    Natural Disaster Forbearance
23. The borrower is participating in the Student Loan Repayment Program (SLRP).
    DOD Forbearance
24. Applied to all Fed Owned loans from 3/13/20-8/31/23.
    National Emergency Forbearance
25. When do we report to the Credit Bureaus?
    Last Day of the Month
26. What screen in CLASS can you see the payment history?
    134
27. Which IDR plan is considered the 'best'?
    SAVE
28. A borrower's account cannot be saved if they go this far past due
    361+ Days
29. How far past due will borrower's go before we report negatively to the credit bureaus?
    90 days
30. What do CSRs use to give payment estimates?
    Repayment Calculator
31. AutoPay
    Edfinancial's auto draft service
32. Borrower has gone missing.
    Missing Person Forbearance
33. Available to borrowers who believe they were wronged, misled, or manipulated by their school.
    Borrower's Defense to Repayment Discharge
34. The borrower is enrolled at least half-time at a Title IV School.
    In-School Deferment
35. What is the interest benefit for Autopay?
    .25%
36. The borrower is receiving cancer treatment.
    Cancer Treatment Deferment
37. How many qualifying payments does a borrower need to make to reach PSLF?
    120
38. The borrower has filed Chapter 7 or Chapter 13 bankruptcy.
    Bankruptcy Forbearance
39. How soon before the due date are billing statements sent out?
    25-30 days