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Fundamentals of Financial Aid for 2024

Admissions.Blog

If one sentence could sum up the state of financing an American college education in 2024 it would be, “The more things change the more things stay the same.” Students with significant financial need may receive need-based aid in the form of grants, scholarships, work-study programs, and subsidized loans.

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Social Worker Loan Forgiveness Legislation Reintroduced in Congress

BestColleges

Senate would offer up to $250,000 in loan forgiveness for certain behavioral health providers, including some social workers. The legislation would repay a sixth of a qualifying individual's eligible loans each year. A bipartisan bill in the U.S. Similar legislation didn't receive a vote in a previous session of Congress.

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Part 3: Middle Class Families CAN Go to College for Free!

SSA Online College Prep

Some schools have explicit capped loans policies - either only giving federally subsidized loans or limiting overall loan amount - which means more protection for your family. Some schools have student contribution policies , that explicitly limit student contribution and allow them to focus on school.

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Update: What the Federal Student Loan Servicing Shake-Up Means for Borrowers

Admitted

In 2010, the federal government eliminated the bank-based student loan program (formerly the Federal Family Education Loan Program, or FFELP) in favor of originating loans directly from the Department of Education). As a result, some companies have decided not to continue serving as student loan servicers.

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Notre Dame Introduces New Initiatives to Increase Affordability, Accessibility

BestColleges

Notre Dame announced it will not offer student loans in undergraduate financial aid packages and will implement a need-blind admissions policy for all students. The need-blind admissions policy will be effective immediately and apply to all students, both domestic and international. Dowd said in a release.

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Virginia Bill Would Offer Forgivable Loans to Some Community College Students

BestColleges

Proposed legislation would offer forgivable loans to some Virginia community college students. New legislation in Virginia would offer forgivable loans to certain community college students who agree to work in "high-demand" fields. Virginia House Bill 1439, pre-filed by state Rep.

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A Guide to “Need-Blind” Colleges + List of US Need-Blind Schools

College Essay Guy

Tuition and financial aid “Need-blind” vs schools that meet 100% of demonstrated need Different kinds of need-blind college policies How do financial aid calculators work? In short, need-blind policies can give you a fair shot at admission, while schools that meet 100% of demonstrated need can ensure affordability once you’re in.