CFAA College Financial Aid Advisors

DECEMBER 11, 2023

How the FAFSA is Making Financial Aid More Accessible to Families Nationwide In the last year and a half, the Free Application for Federal Student Aid – or FAFSA – has undergone major changes to make the application easier to complete for students nationwide. Who should file the FAFSA? That’s a huge change!

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College Planners of America

OCTOBER 19, 2022

In August, President Biden announced the Federal Student Loan Forgiveness Plan (the Plan), which will cancel 20% of the outstanding Federal student loan debt of $1.5 In previous posts, we covered eligibility for loan forgiveness, the process for applying for forgiveness, and its impact on taxes.

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NCLC Student Loan Borrower Assistance

MAY 15, 2024

Consolidation Deadline Extended to June 30, 2024 Today, the Department of Education announced that the consolidation deadline to take advantage of the payment count adjustment has been extended until June 30, 2024. The payment count adjustment has already helped almost 1 million borrowers achieve forgiveness of their student loans.

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CFAA College Financial Aid Advisors

NOVEMBER 19, 2023

Be Prepared for a Fast Financial Aid Application Cycle It’s a well known fact that the “early bird gets the worm” and as I’ve talked about often on the blog, the earlier you submit your financial aid paperwork, the better chance you have of more funding for college. As soon as the application opens, be prepared to submit your paperwork.

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NCLC Student Loan Borrower Assistance

FEBRUARY 20, 2024

To help fix massive past problems in the student loan system that prevented people from getting the credit they should have toward loan forgiveness, the Department of Education is currently working on giving borrowers retroactive credit toward loan forgiveness. The application will walk you through the steps.

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CFAA College Financial Aid Advisors

JANUARY 3, 2024

However, with the release of the 2024-2025 FAFSA, families, students, and financial aid offices alike are hopeful that the once complicated application will be easier to complete and process. Instagram: For the last 40+ years, students and families have been frustrated by the process of filing the FAFSA.

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CFAA College Financial Aid Advisors

OCTOBER 23, 2023

There’s normal school work and extracurriculars, as well as the various deadlines for applications and financial aid. It’s a lot for any student to keep track of. With that in mind, here’s a few deadlines to track for your financial aid and college applications. Access usually begins with filing a FAFSA.

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NCLC Student Loan Borrower Assistance

APRIL 18, 2024

Overview The Department of Education is temporarily pausing processing of PSLF applications & forms PSLF borrowers should download their information from their MOHELA account before April 30th Why is the Department pausing PSLF processing? Is MOHELA still going to service my loans after the transition to the new BPOs?

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COE

APRIL 12, 2023

In late 2020, the federal government passed sweeping changes to the Federal Application for Federal Student Aid (FAFSA) to simplify the application process. These changes  were intended to increase the number of students applying for aid and reduce the number of incomplete applications.  

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CFAA College Financial Aid Advisors

MAY 6, 2024

As the gateway to federal financial aid for college, the Free Application for Federal Student Aid (FAFSA) is a crucial step for students and their families in securing funding for higher education. This year, in particular, has presented many students for families seeking aid for college.

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NCLC Student Loan Borrower Assistance

FEBRUARY 21, 2024

This big news is an important reminder that many more borrowers could be eligible for loan forgiveness if they take a few key steps–including signing up for the SAVE plan and applying to consolidate FFEL, HEAL, or Perkins loans by April 30, 2024. When can I qualify for loan cancellation under the SAVE Plan?

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Student Loan Hero

DECEMBER 22, 2022

The Free Application for Federal Student Aid (FAFSA) opens on Oct. This application becomes available on Oct. June 30, 2024. Since the Department of Education offers the FAFSA funding, it also sets a deadline for the application. It remains open until June 30, 2024. 1 every year. 1 as possible. 1 every year.

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NCLC Student Loan Borrower Assistance

JULY 26, 2023

After the Supreme Court struck down President Biden’s student loan cancellation plan, President Biden announced a number of new actions to help student loan borrower. One of those actions was rolling out a new, more affordable student loan payment plan, called SAVE. This includes most student loan borrowers.

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Scholarship America

APRIL 3, 2023

While the Free Application for Federal Student Aid (FAFSA) typically opens for applications on October 1, the application for the 2024-25 school year has been delayed until sometime in December—a delay that could have ripple effects on students, families and scholarship programs.

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CFAA College Financial Aid Advisors

FEBRUARY 19, 2024

There’s an application process and forms you need to file to pay for your college education. Before you begin applications this fall as a high school junior, there’s a few things you should know! The application for the 2025-2026 cycle should be online October 1, 2024. File anyway! The early bird gets the money!

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NCLC Student Loan Borrower Assistance

FEBRUARY 12, 2024

A number of student loan borrowers have reached out to NCLC in the last few months regarding issues with Public Service Loan Forgiveness (“PSLF”) and the one-time payment count adjustment. The account adjustment is helping millions of borrowers get closer to loan forgiveness, but the process is still ongoing. Don’t panic!

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CFAA College Financial Aid Advisors

DECEMBER 3, 2023

This has been the biggest update in 40 years for the FAFSA and we’re all ready to see what the new application looks like. Here’s what we do know about the updated FAFSA and your student’s college financial aid process so far: Applicants will be able to pull data from their tax returns. Are there any format updates to the FAFSA?

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CFAA College Financial Aid Advisors

APRIL 8, 2024

I always encourage my CFAA Families to talk frankly about money, budgeting, and smart borrowing throughout the application process. It’s important to enjoy this joyous occasion and celebrate your student. Your student may live with you, move in with others, get married, change jobs, or decide to pursue further education.

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CFAA College Financial Aid Advisors

DECEMBER 8, 2023

Perhaps one of the biggest pros of the SAI is that more students will be able to receive access to Pell Grants. Starting this year, applicants who don’t qualify for a max Pell Grant if their SAI is less than the maximum grant amount. In the past years, families with more than one student in college received benefits.

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College Planners of America

MARCH 12, 2024

Since 2021, the Biden administration has forgiven $138 billion in student loans for 3.9 The Administration announced on February 21 that another category of borrowers would have their loans forgiven by the end of the month. million have obtained total loan forgiveness. million borrowers.

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CFAA College Financial Aid Advisors

OCTOBER 24, 2023

How to Update Your Financial Aid Application to Reflect Your Current Income One of the most important steps in applying to college is completing the FAFSA, which will open in December. That means on the 2024-2025 FAFSA, numbers will be gathered from your 2022 tax return. Best College Financial Aid Advisors.

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COE

MAY 8, 2023

Department of Education rejected many applications based solely on minor formatting issues. Its application was rejected because it used one-and-a-half spacing instead of double spacing in the text within graphics on two of its 65 application pages. Among those affected was the University of Maine at Presque Isle (UMPI).

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College Planners of America

MARCH 26, 2024

News 2024 rankings for Best Value Schools are based on the four metrics below: 1. News 2024 Best Colleges rankings) relative to the average discounted tuition paid by 2022-23 full-time undergraduates after receiving need-based scholarships and grants. Economic Mobility Index Measure of economic status change for low-income students.

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College Planners of America

APRIL 24, 2024

Because students are motivated to submit the form soon after it becomes available, the majority of completed FAFSA’s are submitted and processed in October and November, so colleges have ISIR’s for many students even before they receive applications from them. This was not budgeted or scheduled.

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COE

NOVEMBER 1, 2023

October to December 2023 On October 1, 2023, Kimberly Jones assumed the presidency of the Council for Opportunity in Education.

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Diverse: Issues in Higher Education

FEBRUARY 13, 2024

Department of Education (ED) announced additional steps to facilitate submitting the 2024–25 FAFSA form. Last week, ED announced $50 million in funding for personnel and resources, including technical assistance and support, deployed to support institutions, students and their families with Better FAFSA®. On Monday, the U.S.

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Diverse: Issues in Higher Education

JANUARY 31, 2023

The NCAN started with the number of high school graduates who did not fill out the Free Application for Federal Student Aid (FAFSA), which was roughly 1.65 The intermountain region is always super-low because there is this strong bias against taking on loans,” he said. “A A lot of it is the teachings of the Mormon church.

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Diverse: Issues in Higher Education

SEPTEMBER 7, 2023

Undersecretary of education James Kvaal at the Education Writers Association Higher Education Seminar Much of the discussion focused on the Department of Education’s (ED) reactions to what moderator Adolfo Guzman-Lopez of LAist called the “two punches” of Supreme Court decisions on affirmative action and student debt relief.

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Diverse: Issues in Higher Education

JANUARY 17, 2024

Efforts by the Biden administration to pass a rule on student loan forgiveness was a major story from 2023 that will again be front and center in the new year. Dr. Valerie Kinloch Free speech will be a hot button topic in 2024. Bonner says student mental health will be newsworthy in 2024. What is learning now?

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Diverse: Issues in Higher Education

DECEMBER 13, 2023

The ruling still allows for race to be included in college applications, so long as discussion of race is concretely tied to an applicant’s character or unique ability. million borrowers have $0 payments, and 75% of SAVE borrowers are Pell Grant recipients, meaning they are or were low-income college students. Approximately 2.9

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Diverse: Issues in Higher Education

APRIL 15, 2024

Student debt Dr. Robert Kelchen Democrats are likely to make the student loan debt relief issue a major campaign talking point. billion in loans for more than 3.7 Republicans are generally more unified in their stance in opposition of mass student loan forgiveness, Kelchen says.

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