You must be enrolled at least half-time (6 credits for undergraduates and. 4.5 credits for graduates) to be eligible for Direct Loan Program funds. Pell Grant eligible classes must be added no later than the 'census date'. At BYU, the census date is the semester add/drop deadline.
What is a 'Stop-Limit Order'. A stop-limit order is an order placed with a broker that combines the features of a stop order with those of a limit order. A stop-limit order will be executed at a specified price, or better, after a given stop price has been reached. Once the stop price is reached, the stop-limit order becomes a limit order to buy or sell at the limit price or better. Next Up.
But with a stop limit order, you are only willing to accept a fill at a specific price or better. If price is falling fast and triggers a $20.00 stop market order and continues to $19.98 before filling that order, a stop limit at $19.98 will get filled first. And if there is no more liquidity at that price and it drops to $19.96 before filling the market order, limit orders at $19.96 will get priority over it.