True or False: A student is eligible for Title IV aid for a subscription-based program, regardless of the type of credential received.

Study for the NASFAA Student Eligibility Test. Use flashcards and multiple choice questions, with explanations and tips for better understanding. Prepare effectively for your exam!

A student is indeed eligible for Title IV aid for a subscription-based program, regardless of the type of credential received. This eligibility is based on the nature of the institutional governance of the subscription-based program rather than the specific credential awarded. The Department of Education has established guidelines that allow students enrolled in various types of programs, including subscription-based models, to qualify for federal financial assistance as long as the program is eligible under the Title IV criteria.

Subscription-based programs typically involve a payment system where students can access a set number of courses or credits over a specific subscription period, such as a semester or an academic term. The key factor is that these programs must still adhere to federal regulations and standards set for Title IV eligibility concerning quality and institutional accreditation.

Other options presented do not align with the overarching federal guidelines, which state that the type of credential does not inherently disqualify students from receiving aid, nor does full-time enrollment dictate eligibility for Title IV assistance in the context of subscription programs.

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