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.
A limit order is an order to buy or sell a stock at a specific price or better. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher. A limit order is not guaranteed to execute. A limit order can only be filled if the stockâs market price reaches the limit price.