article thumbnail

Student Loan Deadlines for 2022-2023: COVID-19 Relief, FAFSA and Others

Student Loan Hero

What are the COVID-19 student loan relief deadlines for federal debt repayments? When do you need to file your FAFSA for this year? You may have heard some student loan servicers are closing shop — when does that happen? Over next two years: Many federal student loan servicer contracts due to expire.

article thumbnail

Student Loans Relief Until May 2022

College Aid Consulting Services

College students get Federal student loan relief until May 2022. The current administration extended a student loan moratorium that has allowed families to put off debt payments during the pandemic. Payments on Federal student loans will be paused through May 1, 2022.

professionals

Sign Up for our Newsletter

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

article thumbnail

What You Need to Know Before Starting Your FAFSA Journey

CFAA College Financial Aid Advisors

Completing the FAFSA is one of the first steps that students and families must complete to start their journey to college. Through this application, schools determine how much funding a student is eligible for. This includes federal loans, grants, and work study programs.

FAFSA 52
article thumbnail

Wealth-Based Pell Grant Could Reduce Student Debt and Racial Wealth Inequality

Diverse: Issues in Higher Education

The policy incorporates information already collected in the FAFSA form, which is used to distribute Pell Grants. We have simulated what would happen if the asset information already collected in the FAFSA were utilized in a more fulsome way,” said Smith. If the FAFSA-reported wealth threshold was set at a low of $500, 2.8

Grant 249
article thumbnail

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. Most students won’t have more than 20, but it’s good to know!

FAFSA 52
article thumbnail

FAFSA 101: Your Essential Guide to Getting Started

CFAA College Financial Aid Advisors

As students prepare for the exciting journey of attending college, one of the most important steps you’ll take is filling out the Free Application for Federal Student Aid, or FAFSA. How to Apply for FAFSA Before you dive into the FAFSA, gather all the necessary documents. Let’s break down how to get started!

FAFSA 52
article thumbnail

What You Need to Know Before You Borrow Student Loans

CFAA College Financial Aid Advisors

Borrowing student loans is a significant financial decision that can have long-lasting implications on your student’s future. While loans can help make higher education more accessible, it’s crucial to approach borrowing with careful consideration and awareness.