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Students From 3 Pacific Island Countries Now Eligible for U.S. Financial Aid

BestColleges

public higher education institutions. These students also qualify for Pell Grant, Federal Work-Study, and Federal Supplemental Education Opportunity Grant programs. Previously, students who were citizens of each country benefited from the Pell Grant, but only students from Palau qualified for FWS and FSEOG.

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Fundamentals of Financial Aid for 2024

Admissions.Blog

Students with significant financial need may receive need-based aid in the form of grants, scholarships, work-study programs, and subsidized loans. Grants and scholarships do not need to be repaid, making them a form of “gift aid.” It aims to make higher education accessible to those with limited means.

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Biden Defines Student Debt Forgiveness for Borrowers ‘Experiencing Hardship’

BestColleges

.” The plan would offer debt relief to borrowers with an 80% chance or higher to default on their loans soon. Higher education stakeholders agreed to greenlight the proposal despite some points of disagreement. A borrower’s federal student loans enter default after nine months of continual missed payments.

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Unequal Distribution

Admitted

Financial aid discussions have centered on simplifying FAFSA and increasing federal Pell Grants – all important – but federal student aid policies are only one funding source for families trying to determine how to pay for college. However, the reality is these institutional grants are not fairly distributed.

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NASFAA Rolls Out Recommendations for Pell Grant Expansion

BestColleges

Students who are incarcerated are set to regain access to Pell Grants nationwide in 2023. Lawmakers and education officials should step up communication and set up clear guidelines for colleges ahead of the rollout, according to a new NASFAA report. Those questions were nixed by the FAFSA Simplification Act.

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Your student loan payments are due: 3 strategies to support community college students’ financial wellness

EAB

Blogs Your student loan payments are due: 3 strategies to support community college students’ financial wellness When I think back to my time in college, student loans were something that nearly everyone had, but not something any of us fully understood. Specifically, we weren’t educated on how to repay them.

Loans 59
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More Families Borrowing for College but Frustrated by FAFSA

BestColleges

A new survey reveals families are paying more for college and taking more loans. Families of HBCU students are more likely to take loans and have higher balances. A new study says more students and their families are taking out loans to pay for college, yet confusion reigns over the financial aid process.