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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.
Now Enrolling: College Financial Aid Advising for the Class of 2026-2027! Im excited to announce that sign-ups are now open for the next class of college-bound students and returning students! If your family will be navigating the financial aid process for the 2026-2027 academic year, now is the time to secure your spot.
Now Enrolling: College Financial Aid Advising for the Class of 2026-2027! Im excited to announce that sign-ups are now open for the next class of college-bound students and returning students! If your family will be navigating the financial aid process for the 2026-2027 academic year, now is the time to secure your spot.
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!
Federal studentloans typically offer more favorable terms, such as fixed interest rates and flexible repayment options, compared to private loans. Additionally, federal loans may qualify for income-driven repayment plans and loan forgiveness programs, providing valuable assistance post-graduation.
But, due to recent changes in the form, this year’s FAFSA for the 2025-2026 school year will be available starting December 1st. More about Jodi and College Financial Aid Advisors Jodi is a FAFSA financial advisor who helps with the financial aid process to help families of college students maximize their financial aid.
If you want to read some of my tips to prepare for the 2025-2026 FAFSA, check out recent blogs here! More about Jodi and College Financial Aid Advisors Jodi is a FAFSA financial advisor who helps with the financial aid process to help families of college students maximize their financial aid.
The application for the 2025-2026 cycle should be online October 1, 2024. More about Jodi and College Financial Aid Advisors Jodi is a FAFSA financial advisor who helps with the financial aid process to help families of college students maximize their financial aid.
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 ).
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.
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 stated firmly, “We are asking for a $68 million increase for TRIO for FY25, which will fund our work in Program Year 2025-2026.”
Department of Educations efforts to reduce studentloan burdens through the new SAVE repayment plan. As a result, borrowers options to manage their loans have changed repeatedly and often quite suddenly. This has been frustrating and confusing for people trying to manage their loans.
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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