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Breaking Down FAFSA: Understanding the Application Process

CFAA College Financial Aid Advisors

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.

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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.

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First-Time Graduate Enrollment Rises, But Declines Domestically

Diverse: Issues in Higher Education

“Domestic enrollment declined in eight of 11 fields of study with the largest decreases in business (-13.9%), education (-5.9%), biological and agricultural sciences (-5.1%), and public administration and services (-5.1%),” the report noted. From 2016 to 2021, domestic first-time enrollment went up by 3% – 8.7% for Hispanic/Latinx; 8.5%

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Over 3.2 Million Borrowers Impacted by Servicing Errors During First Month of Repayment

NCLC Student Loan Borrower Assistance

And What Borrowers Can Do When Their Servicer Fails Them Federal student loan borrowers are entering their fourth month of repayment since the end of the payment pause in September 2023. million federal student loan borrowers during the first month of repayment. million IDR applications waiting to be processed.

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The Disabled Are Eligible for Loan Forgiveness

College Planners of America

If a former college student with an outstanding student loan balance becomes disabled, he or she may not need to repay the debt under the provisions of the Total and Permanent Discharge (TPD) program. Over 400,000 disabled former students have been granted $7.8 or osteopathic physician (D.

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Community College of Vermont and Hospital Pay Students to Take Classes

Diverse: Issues in Higher Education

To apply, students must write a short essay about how the funding would allow them to increase their course load. CCV and SVMC anticipate funding 8-10 applicants. The money for the program comes from congressionally directed funds that the SVMC received through the Health Resources and Services Administration.

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Applications for SAVE Student Loan Payment Plans Open

Diverse: Issues in Higher Education

Just ahead of the return of student loans, borrowers can now apply for the Biden administration’s new plan to reduce monthly payments, the Department of Education (ED) announced Tuesday. The Saving on a Valuable Education plan (SAVE) is being touted by the administration as “the most affordable repayment plan in history.”