Student Loan Planner

OCTOBER 13, 2023

Federal student loan borrowers have access to a new income-driven repayment plan, the SAVE plan. This gives the servicer time to get a borrower’s payment calculated […] The post Administrative Forbearance for Student Loans appeared first on Student Loan Planner.

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Ed.gov Homeroom

OCTOBER 5, 2022

PROTECT YOURSELF FROM SCAMS INVOLVING STUDENT LOAN DEBT RELIEF YOU ARE YOUR BEST PROTECTION AGAINST SCAMMERS DON’T pay anyone who contacts you with promises of debt relief or loan forgiveness. The post Student Loan Debt Relief Do’s and Don’ts appeared first on ED.gov Blog. Continue Reading.

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College Aid Consulting Services

JANUARY 10, 2022

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.

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Diverse: Issues in Higher Education

SEPTEMBER 19, 2024

A proposed federal financial aid policy could change the lives of postsecondary students, particularly Black and Latinx students, by allowing them to spend less out-of-pocket for their degrees and prevent the accumulation of student debt, which remains financially crippling for many graduates.

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Grant FAFSA Student loans Financial aid 280

Diverse: Issues in Higher Education

APRIL 26, 2024

Department of Education (ED) Office of Federal Student Aid. Richard Cordray “We are grateful for Rich Cordray’s three years of service, in which he accomplished more transformational changes to the student aid system than any of his predecessors,” said U.S. Secretary of Education Dr. Miguel A.

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Financial aid Student loans Application Students 265

Ed.gov Homeroom

MARCH 14, 2024

By: Richard Cordray, Chief Operating Office, Federal Student Aid, U.S. Department of Education This spring, Federal Student Aid (FSA) will begin improving how individual borrowers manage and repay their federal student loans.

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Student loans Students Education 109

Student Loan Planner

MARCH 17, 2023

A key federal oversight agency is warning student loan companies not to try to collect payments from borrowers who have had their student loans discharged in bankruptcy.

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Student loans Students 125

Diverse: Issues in Higher Education

FEBRUARY 7, 2024

It relates to violations of the “ability-to-benefit” test regulations that govern eligibility to receive federal student aid for students without a high school diploma or GED equivalent.

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Student Loan Planner

DECEMBER 23, 2023

This year has been somewhat of a mixed bag for student loan borrowers. On the one hand, President Biden’s signature mass student loan forgiveness plan – which would have erased up to $20,000 in federal student loan debt for millions – was struck down last summer by the Supreme Court.

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Student loans Students 99

Diverse: Issues in Higher Education

SEPTEMBER 26, 2023

A group of students at Spelman College are receiving a rare opportunity to start an investment journey through a new social impact initiative. The financial wellness initiative will offer a cohort of students a finance and investing course plus a seeded Stackwell account to begin building wealth during their college career.

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Literacy Students Student loans Teaching 315

NCLC Student Loan Borrower Assistance

JUNE 6, 2024

Whether you are just starting your student loan journey or have been dealing with student loan debt for decades, you can use NCLC’s newly created Student Loan Toolkit to help you take charge of your student loan situation and move forward. Download the toolkit today!

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Student loans Students Collaboration Accessibility 98

Diverse: Issues in Higher Education

OCTOBER 27, 2024

Originally established to exclude certain populations of students, legacy admissions provides a significant boost to children of ultrawealthy families who apply to elite institutions. million students — are parents of dependent children. I know these things because I was a child of student-parents.

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Higher education Education Students Mental health 296

Ed.gov Homeroom

APRIL 29, 2024

Update about federal student loan servicing The U.S. Department of Education, including its office of Federal Student Aid (FSA), is constantly working to improve the student loan borrower experience.

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Student loans Students Education 102

Diverse: Issues in Higher Education

NOVEMBER 2, 2022

Financial aid was necessary to paying for college for most students, according to a survey of more than 500 student scholarship recipients. Mike Nylund 521 students responded to the online survey, done by Scholarship America from Sep. 14 to Oct. And 72% said scholarships allow them to stay in college. Only 23% of U.S.

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Financial aid Scholarship Students Student loans 278

Diverse: Issues in Higher Education

MARCH 1, 2023

Tina Smith, D-Minn, and Chuck Grassley R-Iowa, have reintroduced three bills to help students and families make informed decisions about borrowing for college. Tina Smith The bills aim to make sure that students are informed and educated about college search and selection, loans, and financial aid.

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Student Loan Hero

DECEMBER 1, 2022

The post 9 Best Lenders to Refinance and Consolidate Student Loans in 2022 appeared first on Student Loan Hero.

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Student loans Students 119

CFAA College Financial Aid Advisors

JUNE 15, 2023

Let’s be honest: in the summertime, no one wants to be reading up about interest rates or student loan options. But as parents of college students, we also all know that time flies by quickly. Pushing off research on loan options may seem like the.

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Student loans Students 126

Ed.gov Homeroom

DECEMBER 18, 2023

Borrowers Have More Time to Consolidate Loans to Benefit from the Adjustment By: Federal Student Aid Chief Operating Officer Richard Cordray Since this summer, the U.S. This is a one-time initiative Continue Reading The post Seven Things to Know About the Student Loan Payment Count Adjustment appeared first on ED.gov Blog.

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Student loans Students Education 134

Student Loan Planner

OCTOBER 4, 2024

When your home gets damaged or destroyed, or you’re without running water or electricity, the last thing on your mind is student… The post Hurricane Relief: Student Loan Help After a Natural Disaster appeared first on Student Loan Planner.

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Student loans Students 100

Student Loan Planner

SEPTEMBER 14, 2023

More than 40 million borrowers are simultaneously returning to repayment this month following the historic end of the student loan pause in August. As borrowers begin to report problems, a federal watchdog agency is warning loan servicers that it is monitoring student loan companies for unfair, deceptive, or illegal conduct.

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Student loans Students 111

NCLC Student Loan Borrower Assistance

APRIL 24, 2024

The deadline to apply to consolidate many older federal student loans to be included in the one-time payment count adjustment is Tuesday, April 30th. Do I need to consolidate my loans to get additional credit toward debt relief? I have loans I need to consolidate – what do I do next?

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Student loans Students Application Education 116

Student Loan Planner

NOVEMBER 2, 2023

The first month of repayment following the end of the student loan pause has been a bit of a mess. Hundreds of thousands of borrowers have had their student loan payments miscalculated by their loan servicers, according to reports from The Washington Post and The New York Times.

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Student loans Students Education 112

Diverse: Issues in Higher Education

NOVEMBER 10, 2023

Only over a tenth of students receiving Title IV aid (13%) who start at community colleges ultimately earn bachelor’s degrees within eight years, according to a U.S. Department of Education (ED) report. Both two- and four-year institutions play a key role in determining this overall state transfer performance,” the authors wrote.

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Title IV Community college NSLDS Student loans 288

Student Loan Planner

MAY 31, 2023

Multiple efforts are underway to repeal President Biden’s signature student loan forgiveness initiative. Biden’s one-time student debt relief plan, if allowed to proceed, would provide $10,000 in federal loan forgiveness, or up to $20,000 if the borrower received a Pell Grant.

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Student loans Students Grant 96

Student Loan Planner

OCTOBER 10, 2023

The FUTURE Act made it possible for a borrower to share their income automatically with their student loan servicer for the purposes of recertifying their income driven repayment (IDR). However, this requires an individual’s consent.

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Student loans Accessibility Access Students 113

Student Loan Planner

APRIL 8, 2024

Aidvantage is a federal student loan servicer that’s designated by the Department of Education. As a federal loan borrower, you might be working with the company while paying off your student loan.

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Student loans Students Education 86

Student Loan Planner

OCTOBER 25, 2023

As 40 million student loan borrowers return to repayment this month following the three-year Covid forbearance, one group of borrowers is facing particularly dire circumstances: parent borrowers. Parent PLUS loans are federal loans issued to parents for the benefit of a child’s undergraduate education.

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Student Loan Planner

MARCH 12, 2024

A crucial deadline directly related to student loan forgiveness is approaching. To benefit from one of President Biden’s most successful student loan forgiveness initiatives, certain borrowers might need to consolidate their loans through the federal Direct Loan program by April 30, 2024.

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Student Loan Planner

FEBRUARY 14, 2024

For student loan borrowers, the environment is as complex as ever, with a broad array of new programs, laws, temporary initiatives, and expiring… The post 2024 Tax Issues for Student Loan Borrowers: What You Can’t Afford to Miss appeared first on Student Loan Planner.

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Student loans Students 106

Student Loan Planner

JANUARY 11, 2024

The return to repayment is not going very well for millions of student loan borrowers. The Covid forbearance (also known as the student loan pause) ended in the fall of 2023. Most federal student loan borrowers had three-and-a-half years of suspended payments and no interest accrual.

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Student loans Students 72

Diverse: Issues in Higher Education

JANUARY 4, 2023

29, the new federal spending plan is set to increase the Pell Grant in 2023, allowing low-income students a chance to access up to $7,395 each year. According to the Department of Education, about six million students received Pell Grant funding in the 2020 – 2021 academic year. The total student loan debt reached $1.75

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Student Loan Planner

DECEMBER 12, 2022

This impacts you as a student loan borrower in a number of different ways depending on the type of repayment approach you’re taking with your loans. The post How Inflation Impacts Student Loan Borrowers appeared first on Student Loan Planner. If you’re careful, […].

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Student loans Students 86

Student Loan Planner

JANUARY 5, 2024

Public Service Loan Forgiveness (PSLF) is one of the most popular federal student loan forgiveness programs, and it has been in the news a lot during the last two years. As… The post 3 New Pathways To Student Loan Forgiveness Through PSLF Under New Rules appeared first on Student Loan Planner.

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Student loans Students Education 100

Student Loan Planner

NOVEMBER 6, 2023

What you owe on your student loans is likely more than you borrowed. It can be jarring to see your loan amount go up, compared to your principal balance. So what increases your student loan balance, exactly? Interest is the price of accessing loans. In many cases, interest is the culprit.

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Student loans Students Accessibility Access 90

Diverse: Issues in Higher Education

SEPTEMBER 19, 2024

Empowering HBCU students to reshape the political landscape “I don’t want politicians to be relatable, I want them to be reliable. I don’t care if you have hot sauce in your bag; what are you going to do about student loan debt?” At HBCUs, this question has already been answered.

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Literacy Students Higher education Inclusion 260

Student Loan Planner

NOVEMBER 7, 2023

If you’re readjusting to making monthly federal student loan payments again, you might consider getting on a new repayment plan. You can change your student loan repayment plan whenever you want, at no cost to you. This benefit is typically reserved for student loan borrowers with federal loans from the U.S.

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Student Loan Planner

DECEMBER 11, 2022

Nursing school, however, can lead to large amounts of student loan debt and hefty monthly payments. Several national and state student loan forgiveness programs have been created to attract new nursing candidates because the demand for […].

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Student loans Students 95