This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Department of Education announced this week that its Office of Federal Student Aid (FSA) will resume collections on defaulted federal studentloans beginning Monday, May 5, 2025, ending a pause that has been in effect since March 2020. Secretary of Education Linda McMahon in the announcement.
On March 26, 2025, the Department of Education reopened the online application for Income-Driven Repayment (IDR) plans for federal studentloan borrowers. This follows a very stressful period for studentloan borrowers. On February 21, the Department pulled down the IDR application.
A new National Consumer Law Center (NCLC) report analyzes a Unified Servicing and Data Solution (USDS) contract, set to go live in the spring, and its potential impact on studentloan borrowers’ rights and experiences. Alpha Taylor The U.S.
New Mexico's Higher Education Department has announced that it is accepting applications for a program that will provide up to 100 percent studentloan forgiveness for New Mexico residents who graduated from one of the 23 out-of-state professional and graduate programs. Michelle Lujan Grisham has approved $2.2
For a prospective college student beleaguered by the complexities of the application process, direct admissions is like a dream come true. Odle said that students tend to figure, “Once I’m in there, and I’ve already been admitted, why don’t I just go ahead and submit another application?” points likelier. points likelier.
Federal Direct Loans are government-backed financial aid options provided by the U.S. Education Department (ED) to help students afford the costs of higher education. While the loans are designed to ease educational expenses during college years, many graduates struggle to manage their debt after college.
Department of Education (ED) is now discharging studentloans of borrowers alleging they were defrauded by their colleges after a federal judge recently ruled that a $6 billion settlement could proceed, The Washington Post reported. The judge of the case, U.S.
Department of Education (ED) Office of Federal Student Aid. Richard Cordray “We are grateful for Rich Cordray’s three years of service, in which he accomplished more transformational changes to the student aid system than any of his predecessors,” said U.S. Secretary of Education Dr. Miguel A.
A proposed federal financial aid policy could change the lives of postsecondary students, particularly Black and Latinx students, by allowing them to spend less out-of-pocket for their degrees and prevent the accumulation of student debt, which remains financially crippling for many graduates.
On December 20, 2024, the Department of Education announced that it is temporarily pausing the processing of Total and Permanent Disability (TPD) discharge applications. To cancel loans under the TPD program, the borrower must be totally and permanently disabled and unable to engage in any substantial gainful employment activity.
Reformers have hailed the change as a critical step towards enabling people in prison to experience the myriad benefits of higher education. But a new report has revealed that an important segment of this population may be largely left out: those who already have studentloans. You’re more likely to find gainful employment. “I
According to the report, first-time enrollment in this context refers to the number of students enrolled for the first time in graduate certificate, education specialist, master’s, or doctoral programs for the fall term. The proportion of domestic first-time enrollment had gone from 78.9% in Fall 2016 to 87.4% in Fall 2020.
The deadline to apply to consolidate many older federal studentloans to be included in the one-time payment count adjustment is Tuesday, April 30th. Do I need to consolidate my loans to get additional credit toward debt relief? I have loans I need to consolidate – what do I do next?
What are the COVID-19 studentloan relief deadlines for federal debt repayments? You may have heard some studentloan servicers are closing shop — when does that happen? Over next two years: Many federal studentloan servicer contracts due to expire. 1: Free Application for Federal Student Aid (FAFSA) opens.
The Education Department is in the process of processing hundreds of thousands of studentloan forgiveness applications for borrowers who have committed to careers serving their community or the public. And many more borrowers may qualify for relief in the coming months.
Facing a national shortage of early childhood educators , the Community College of Vermont (CCV) and the Southwestern Vermont Medical Center (SVMC) have teamed up for an innovative solution: paying students to reduce their hours at their jobs in favor of taking more classes. CCV and SVMC anticipate funding 8-10 applicants.
Immigrant high school students without citizenship or permanent residency in the U.S. are often told by high school counselors and colleges that they do not have many options for higher education. On top of that, undocumented students are ineligible for any federal financial aid. No studentloans. No Pell Grants.
But remember: early rejection doesnt mean the end of your educational journey. If theres another school that you were interested in with rolling admissions, now may be time to submit your application. Review Your Application & Goals Reflect on your personal strengths and goals.
In November 2022, the Department of Education published final rules that will change regulations governing a variety of federal studentloan cancellation programs as well as how interest impacts studentloan burdens. The new rules will go into effect on July 1, 2023. .
Many MBA programs also involve exposure to corporate experts and business executives, providing MBA students with a higher level of experience and opportunity than many other masters level programs. MBA programs is that applicants hold an undergraduate degree, usually with a focus on business or commerce. In the U.S., However, non-U.S.
For students preparing to apply for financial aid, the Free Application for Federal Student Aid (FAFSA) is a crucial part of the process. The SAI, which replaces the EFC, is a more accurate and fair way to calculate need-based financial aid, especially for students from low-income backgrounds.
High school seniors who are ready to unlock financial aid and take the next step toward your education, it’s time to file your FAFSA. Completing the FAFSA (Free Application for Federal Student Aid) is one of the most important tasks you’ll need to tackle as you prepare for college.
If you’re planning on attending college and need financial aid, then filling out your Free Application for Federal Student Aid (FAFSA ) is an essential step. Department of Education, and its the most straightforward deadline to remember. So, if you have to correct your application all, you want more time to do so.
Each year, thousands of borrowers struggle with repaying their federal studentloan debt after they attended predatory schools that lied or withheld important information to get them to enroll, or closed and prevented them from completing their program. And without relief, many of these borrowers wind up in default.
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?
But no worries, College Aid Consulting Services is here to offer you some tried-and-true tips for reducing stress during the application process. This can help you narrow down your list of schools and make your application process less stressful. So, take a deep breath, and let’s dive in!
Refinancing your international studentloans can be a game-changer in managing your studentloan debt more efficiently and potentially reducing the amount of interest you pay by thousands of dollars. But, what are the steps to refinance, and what challenges do international students face in this process?
by: Tanya Ang, Vice President, Veterans Education Success. With this legislation, President Roosevelt also affirmed the unique potential of higher education to make real the promise of economic and social advancement for our veterans and military families. Seventy-five years ago, on June 22, 1944, the GI Bill was enacted.
The world of financial aid can be daunting, especially when it comes to understanding the Free Application for Federal Student Aid (FAFSA). This form is one of the most important for students and families to file, if not the most important form to be completed.
To help fix massive past problems in the studentloan 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. Scroll down to “Loan Breakdown.”
Students and graduates needing to find a cosigner for studentloan aid typically ask Mom or Dad. But if your parents aren’t an option, you’ll be happy to know that private lenders are often flexible about who can serve as the guarantor of your loan agreement. How to find a cosigner for a studentloan, beyond your parents.
Navigating the world of scholarship applications can be daunting, especially when you’re juggling multiple deadlines and requirements. To help you stay organized and maximize your chances of success, here are some practical tips for managing your scholarship application deadlines effectively. #1:
It’s the next big step in your educational journey, but theres one big thing that might cause some stress for you and your family: how to afford it. Starting early means youll be prepared when the time comes to submit your applications. This will make filling out your FAFSA or scholarship applications a lot easier.
In this blog post, we’ll guide you through the world of finding financial aid for international students, exploring scholarships, grants and studentloans to make your dream of studying abroad a reality. Federal studentloans. Private studentloans. Federal studentloans are available to U.S.
Whether youre planning to attend college soon or just thinking about your future, understanding the different types of financial aid you might receive is key to making smart decisions about paying for your education. Heres a few key terms that you need to know when it comes to loans, grants, and work-study!
But the reality is that there are no income limits with the Free Application for Federal Student Aid (FAFSA); any eligible student can fill out the FAFSA to see if they qualify for aid. While some aid is based on financial need (such as subsidized loans and Pell Grants), other aid is not (such as unsubsidized federal loans).
Over 6 million borrowers are in default on their federal studentloans. Additionally, default damaged their credit scores, rendered them ineligible for student aid to return to school and finish their degrees, and ultimately limited their economic mobility. This option will no longer be available after September 30.
One of the biggest questions students and families face is how to pay for higher education. Loans : Money that must be repaid, typically with interest. Work-Study : A program that allows you to work part-time during college to earn money to help pay for your education. When Should You Start Planning?
Federal studentloans are a popular way to pay for college since they offer low-interest rates and flexible repayment terms. However, the Department of Education sets studentloan limits, restricting how much you can borrow per year and in total throughout your entire educational career. PLUS Loan limits.
On June 1, 2022, the Department of Education announced that it would cancel all of the federal studentloans former Corinthian College students borrowed to attend those schools (Heald College, Everest Institute/College, and WyoTech) from Corinthian’s founding in 1995 through its closure in 2015.
Blogs Your studentloan payments are due: 3 strategies to support community college students’ financial wellness When I think back to my time in college, studentloans were something that nearly everyone had, but not something any of us fully understood. Specifically, we weren’t educated on how to repay them.
For international students who want to get a quality education, financing can be a major concern. However, if you know how to find the right resources and opportunities, you can take some of the stress out of financing your education and make studying abroad a reality. This is where educationloans come in.
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.
However, one tool that can make this journey smoother is often right at your student’s fingertips: the college portal. Your student’s ability to regularly monitor their college portal is essential to their application process, especially when it comes to staying updated and informed about financial aid tasks and deadlines.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content