What is the term for the limit on the number of years a student can receive federal financial aid for a specific program?

The term "Maximum Time Frame" specifically refers to the regulatory limit that determines how many years a student is eligible to receive federal financial aid while enrolled in a specific program. This time frame ensures that students make progress towards completing their degree or certificate within a reasonable period, thereby helping to manage the costs associated with federal aid and promote timely graduation.

The objective of the Maximum Time Frame is to encourage students to complete their educational programs efficiently. If students extend their time in school beyond this limit without adequate reason, they may lose access to federal financial aid, emphasizing the importance of staying on track with their academic goals.