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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. Contact their loan servicer and ask to be placed in a processing forbearance.
For example, a student who receives a combination of grants and scholarships could end up paying only a fraction of the total tuition. By submitting the FAFSA early, you unlock access to federal grants that can lower costs right off the bat. Now Enrolling: College Financial Aid Advising for the Class of 2026-2027!
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. You may never know what aid your student can receive!
All of these programs are designed to make higher education more accessible. But, due to recent changes in the form, this year’s FAFSA for the 2025-2026 school year will be available starting December 1st. Filing the FAFSA 101: In the past, the FAFSA was available in the fall.
However, among several requests for flat or even decreased funding in the education arena, we are pleased to see that the President’s budget includes an increase of $20 million for the Federal TRIO Programs in Fiscal Year 2025 (FY25), which would fund TRIO during Program Year 2025-2026.
Studentloan forgiveness can wipe out part or all of your studentloan debt. The big news on the studentloan 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. ( See more below ).
She stated firmly, “We are asking for a $68 million increase for TRIO for FY25, which will fund our work in Program Year 2025-2026.” She declared, “TRIO programs and the TRIO coalition are multi-racial networks unified by the principle of access and support for low-income, potential first-generation college graduates.”
While some servicers have begun telling borrowers that their recertification deadlines will be pushed back to no sooner than February 2026 , that has not happened across the board. Where do things stand for borrowers that want to consolidate their loans? Many borrowers have been told that their deadline is not being pushed back.
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