A student serving a sentence in a juvenile justice facility is eligible to borrow what type of loan?

Get ready for the NASFAA Student Eligibility Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Prepare effectively today!

Students serving a sentence in a juvenile justice facility are not eligible for federal student aid. This is because eligibility for federal financial aid, including loans, is contingent on a variety of factors, one of which is maintaining a satisfactory academic progress and not being incarcerated for a drug-related offense or being in certain institutions. The situation of being sentenced to a juvenile justice facility places the student outside the criteria required to qualify for loans, regardless of the type. As such, the correct response is that these students are not eligible to borrow any loans while they are incarcerated, which aligns with the provisions set by federal regulations regarding student aid eligibility.

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