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This expansion of financialaid, effective as of the 2025-26 academic year, will enable approximately 86 percent of U.S. families to qualify for financialaid at Harvard. This financialaid threshold has increased four times since 2004, moving to $85,000 in 2023.
Latino students are making pragmatic financial choices to pay for their education, and institutions are increasingly responding with tailored support, according to a comprehensive new report released today by Excelencia in Education. The report also examines differences in aid receipt by institution type.
This surprising announcement places a significant burden on FinancialAid Administrators and may cause further delays in grantingaid to students. Update on November 8, 2024: The Department previously indicated that the batch… More » FSA to Roll Out 2024-25 and 2025-26 FAFSA Batch Corrections by Early 2025 (Nov.
Michigan State University (MSU) will offer in-state tuition to out-of-state Native American students through their Native American Tuition Advantage Program (NATAP), beginning in Fall 2025. Collectively, each team is working to get the word out to as many prospective students and families as possible.
AccessLex Institute has released its 2025 Legal Education Data Deck, providing comprehensive insights into the current state of legal education in the United States. The publication offers detailed analysis of law school admissions, enrollment patterns, financialaid distribution, and employment outcomes for recent graduates.
Michigan State University (MSU) will offer in-state tuition to out-of-state Native American students through their Native American Tuition Advantage Program (NATAP), beginning in Fall 2025. Collectively, each team is working to get the word out to as many prospective students and families as possible.
Hallock More prospective University of Richmond students will qualify for Richmond’s Promise to Virginia thanks to changes to the initiative, which targets first-time, first-year students who meet certain income and need-based financialaid criteria.
Department of Education (ED) is delaying the sending out of student information relevant for financialaid calculations to institutions, higher ed scholars and officials have voiced concern and uncertainty over how this change will affect low-income and first-generation students in particular. 30 instead of the usual Oct.
In todays ever-evolving enrollment landscape, financialaid professionals are being asked to do more with lessprovide equitable access, protect institutional integrity, streamline complex processes, and support families in real time. Consent to share data can be granted or withdrawn at any time. Its a tall order.
The Department of Education has confirmed the 2025-26 federal funding allocations for the Federal Supplemental Educational Opportunity Grant (FSEOG) and Federal Work-Study (FWS) programs. 3 Update) first appeared on College Aid Services. 3 Update) The post Final Funding Authorizations for 202526 Campus-Based Programs (Apr.
The Department of Education has released the 2025-26 Federal Pell Grant maximum award of $7,395, with the minimum set at $740 in the Dear Colleague Letter below.
Today, Richard Cordray, Chief Operating Officer for Federal Student Aid, published a Dear Colleague Letter (GEN-24-01) announcing the Federal Pell Grant maximum and minimum award amounts. For the 2024-2025 academic year, the maximum Pell Grant award remains fixed at $7,395 and the minimum award amount is $740.
If you’re planning on attending college and need financialaid, then filling out your Free Application for Federal Student Aid (FAFSA ) is an essential step. But its not just about submitting the FAFSA you need to be aware of the deadlines to make sure you dont miss out on the financial assistance you need.
These two-year and four-year institutions must also enroll a significant number of students who require needs-based financialaid. Institutions that receive HSI designation are then eligible to apply for various federal grants in support of their programming. She notes it helps build community.
Federal Student Aid announced the preliminary funding levels for the Federal Supplemental Educational Opportunity Grant (FSEOG) and Federal Work-Study (FWS) programs for the 2025-26 academic year, based on the 2024-25 award year appropriations.
The Department of Education has confirmed the 2025-26 federal funding allocations for the Federal Supplemental Educational Opportunity Grant (FSEOG) and Federal Work-Study (FWS) programs. 10 Update) first appeared on College Aid Services. 10 Update) The post Final Funding Authorizations for 202526 Campus-Based Programs (Apr.
With the proposed Education Choice for Children Act (ECCA 2025) gaining traction at the federal level and states like Texas making historic moves to expand school choice, private and independent schools have a tremendous opportunity to serve more families. Schools must move quickly to process financialaid awards without compromising quality.
Two volumes from the 2024-2025 Federal Student Aid Handbook regarding student eligibility for awards, parent borrowers, and Pell Grants are now publicly available. To access all nine volumes of the handbook or submit any questions that you may have, visit FSA’s Knowledge Center as well as their Customer Support webpages.
How the FAFSA is Making FinancialAid 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!
Federal Direct Loans are government-backed financialaid options provided by the U.S. Direct Subsidized Loans offer an initial interest-free period during college years for eligible borrowers, making them an attractive option for those who can demonstrate financial need. For the 2025-26 school year, it is June 30, 2026.
Financialaid forms may seem overwhelming, but they’re your ticket to unlocking the financial support you need. For high school juniors and seniors, now is the perfect time to dive into financialaid terms – and build a better understanding of them all. But, that’s why I’m here at CFAA! The good news?
Receiving a financialaid offer can be both exciting and overwhelming for college-bound students and their families. While grants and scholarships provide much-needed assistance, loans often make up a significant portion of the aid package. Spots for the 2025-2026 school year are open and are going quickly.
Maximize Your FinancialAid By Understanding the New Student Aid Index One of the biggest updates to the FAFSA is the introduction of the Student Aid Index (SAI). The Student Aid Index is replacing the Expected Family Contribution, which was the amount a family would have to pay out-of-pocket for college expenses.
On April 24, 2025, FSA released an important update regarding 202425 Verification Reporting and the handling of Verification Status Code W (GRANTS-25-02). This update is crucial for schools administering Federal Pell Grants to ensure compliance with Title IV regulations.
Department of Education has released the official deadline dates for the 202526 award year for the Federal Perkins Loan, Federal Work-Study (FWS), and Federal Supplemental Educational Opportunity Grant (FSEOG) programs.
As the gateway to federal financialaid 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.
Updated May 2023 Students who receive financialaid may have an unexpected bill to pay—a tax bill. Do I have to pay taxes emergency grants or relief funds? Note, however, if you receive emergency aid funds in the form of a grant or scholarship from your state or a private provider, the tax rules outlined above may apply.
Many families often decide to skip the entire process together, even though it’s necessary to file in order to receive financialaid. However, with the release of the 2024-2025 FAFSA, families, students, and financialaid offices alike are hopeful that the once complicated application will be easier to complete and process.
There’s paperwork to submit, essays to write, and financialaid applications to send in. The most important financial document that students will file with their families this fall is the FAFSA, the Free Application for Federal Student Aid. For the 2025-2026 application cycle, the FAFSA will come online in December.
Title IV institutions have until February 3 to apply for the Underuse Penalty Waiver on the COD website to avoid reductions in their 2025-26 Federal Supplemental Educational Opportunity Grant (FSEOG) or Federal Work-Study (FWS) funds. 3 Deadline Nears for Schools to Request Penalty Waivers for Underused 2023-24 Awards The post Feb.
Title IV institutions have until February 3 to apply for the Underuse Penalty Waiver on the COD website to avoid reductions in their 2025-26 Federal Supplemental Educational Opportunity Grant (FSEOG) or Federal Work-Study (FWS) funds. 3 Deadline Nears for Schools to Request Penalty Waivers for Underused 2023-24 Awards The post Feb.
Two volumes from the 2024-2025 Federal Student Aid Handbook regarding student eligibility for awards, parent borrowers, and Pell Grants are now publicly available. To access all nine volumes of the handbook or submit any questions that you may have, visit FSA’s Knowledge Center as well as their Customer Support webpages.
After a year filled with technological challenges, the Department of Education is taking steps to ensure that the upcoming FAFSA application rollout is successful with the release of the 2025-26 Student Aid Index (SAI) and Pell Grant Eligibility Guide.
The world of financialaid can be daunting, especially when it comes to understanding the Free Application for Federal Student Aid (FAFSA). The FAFSA is the way that students qualify for federal grants, loans, and work-study opportunities. Missing a deadline: There are several types of financialaid deadlines.
What We Know About the New FAFSA and FinancialAid Offers As a result of the FAFSA Simplification Act in 2020, the FAFSA has been updated to help millions of students and families maximize their financialaid for college. Families must consent to be able to receive financialaid.
Department of Education has announced that sequester-required changes to Title IV federal student aid programs for Fiscal Year 2026 (FY 26) will remain consistent with those from FY 25.
Blogs What enrollment leaders need to know about the upcoming FAFSA changes Updated April 2023 As most of us in enrollment know, the FAFSA is set to substantially change for the 2024-2025 academic year. Plan training for admission and aid staff around specific questions that may come up during the recruitment cycle.
Elms College, a Catholic liberal arts institution in Western Massachusetts, has announced an ambitious new financialaid initiative that will cover full tuition for eligible state residents from lower and middle-income families. The Elms Promise helps to fulfill that commitment by eliminating financial barriers for eligible families."
"We brought this case to uphold people's privacy, because when people give their financial and other personal information to the federal governmentnamely to secure financialaid for their kids to go to college, or to get a student loanthey expect that data to be protected and used for the reasons it was intended, not appropriated for other means."
And I'm also responsible for our growth strategy, Let's Get Ready is growing across the country, so we started with a strategic plan serving 13,000 students in 2021, and our goal is to serve 25,000 students by 2025. JS: Thank you, Jordan. chuckle] 0:22:12.9 JW: So that's very annoying to me, but I just think that like we have.
I’m putting my time and energy into my education and volunteer efforts and living on campus on my scholarship and financialaid,” she says. Dr. Jennifer Nájera Another step forward came in 2013 with the passing of the California Dream Act, which made undocumented students eligible to apply for state financialaid.
Congress is considering next year’s federal funding priorities, and the Biden-Harris administration has released its fiscal year 2025 (FY25) budget proposal. The program initially received $5 million in funding in FY22, then $45 million in FY23 and FY24.
Congress is considering next year’s federal funding priorities, and the Biden-Harris administration has released its fiscal year 2025 (FY25) budget proposal. Looking ahead to next year’s appropriations package, we hope to see enhanced support for these and other need-based aid programs.
The big news on the student loan forgiveness front is that the federal government plans to forgive up to $10,000 in federally held student debt, or up to $20,000 if you previously received a Pell Grant. ( To learn more about Perkins loan cancellation and apply, speak with your loan servicer and school’s financialaid office.
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