Remove Grant Remove Student loans Remove Teaching
article thumbnail

How H.R. 1 Will Impact Student Loan Programs

College Planners of America

In this post, we focus on Subtitle A, Student Eligibility , Subtitle B, Loan Limits , and Subtitle D, Pell Grants. Title III represents a significant overhaul of the student loan system in a move to improve access, transparency, and accountability in loan programs. billion for academic year 2025-26, $5.35

article thumbnail

The Best Student Loans: How to Borrow Smarter

The College Pod

Due to inflation, many families haven’t been able to save for college, and most won’t get enough money from grants and scholarships to cover all their costs. So, if you find you can't afford college without some amount of loans, it’s important to consider how much you borrow because you’ll have to pay it back later, with interest.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Having the College Money Talk with Your Child

The College Pod

Have a candid discussion as a family about what you can realistically afford without assuming that student loans (or Parent PLUS loans) will magically cover the gap. In recent conversations, I’ve met parents who wanted to “let their student take the lead” in choosing a college and planned to borrow whatever it took.

article thumbnail

A Sneak Peek At New Student Loan Rules Coming in July 2023

NCLC Student Loan Borrower Assistance

In November 2022, the Department of Education published final rules that will change regulations governing a variety of federal student loan cancellation programs as well as how interest impacts student loan burdens. The new rules will go into effect on July 1, 2023. . Across the board, these rules are a huge improvement.

article thumbnail

The Big Questions About Scholarship Taxability

Scholarship America

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. What about student loan repayments and forgiveness?

article thumbnail

Don’t Skip These 5 College Money Talks This Summer

CFAA College Financial Aid Advisors

Help your student understand the cost of attendance and the resources available for covering these expenses, such as scholarships, loans, and savings. Teach them basic budgeting skills and encourage responsible spending habits. You should discuss now how much money you will be able to supply for your students living expenses.

article thumbnail

Can Colleges Control Administrative Bloat?

College Planners of America

Evidence of the impact of the rise of administrative costs are noted below: More administrators than professors: The growing number of non-teaching roles, such as assistant deans, diversity officers, marketing staff, or compliance officers, accounts for growth in administrators.