Monday 27 February 2012

Financial Aid News

Financial Aid News

Link to Financial Aid News and Blog : FinancialAidNews.com

02-24: 2012-13 FAFSA Verification-IRS Tax Return Transcript Matrix

Posted: 26 Feb 2012 04:00 PM PST

In the Feb. 3, 2012 electronic announcement that released sample2012-2013 verification worksheets, the ED noted that they would be developing and releasing a 2012-13 FAFSA Verification-IRS Tax Return...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

02-24: Loan Servicing Information – Direct Loan Servicing Center (ACS) Issue Affecting Small Number of Graduate or Professional Student Direct PLUS Loan Borrowers

Posted: 26 Feb 2012 04:00 PM PST

The ED announced that they are aware of an issue that is affecting a small number of graduate or professional students whose Direct PLUS Loans are serviced by one of our federal loan servicers, the...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

No Increase in NASFAA Membership Dues for 2012-13

Posted: 26 Feb 2012 04:00 PM PST

For the third year in a row, NASFAA's Financial Affairs Committee is pleased to report that membership dues will hold steady next year. NASFAA's 2011-12 fiscal year was highlighted by a successful...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Santorum's Attacks on Higher Ed

Posted: 26 Feb 2012 04:00 PM PST

"Many Republicans have voiced views similar to those of President Obama on the importance of all Americans obtaining at least some higher education," Inside Higher Ed reports. "And even if many...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Student-Loan Debt, School by School

Posted: 26 Feb 2012 04:00 PM PST

"Calling student-loan debt 'the next debt bomb for the U.S. economy' (as a bankruptcy attorneys group did earlier this month) may be a stretch, but debt loads can indeed be large - and vary...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

8 ways to cut the cost of college

Posted: 26 Feb 2012 04:00 PM PST

"The best way to shrink the cost of college is to apply to schools that will cut their price for the right students," CBS MoneyWatch reports. "About two-thirds of students attending private and...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

02-24: COD Processing Update

Posted: 26 Feb 2012 04:00 PM PST

The COD Processing Update has been recently revised in order to make the document simpler and more user-friendly. There is now only one version of the document that includes the following sections:...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

The Hidden Majority of For-Profit Colleges

Posted: 26 Feb 2012 04:00 PM PST

"A new study by the economists Stephanie Riegg Cellini of George Washington University and Claudia Goldin of Harvard concludes that the estimated number of for-profit institutions in the United...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

Congress Changes Time Length For Pell Grant Support

Posted: 26 Feb 2012 04:00 PM PST

In the FY 2012 budget bill, Congress changed the length of time a student may receive Pell Grant support. Effective July 1, 2012, all students are subject to a lifetime maximum of 12 semesters or its...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

NASFAA Joins Higher Ed Groups Urging House to Repeal State Authorization, Definition of Credit Hour

Posted: 26 Feb 2012 04:00 PM PST

NASFAA joined 22 higher education groups urging lawmakers in the U.S. House of Representatives to vote for legislation that would repeal the credit hour definition and state authorization regulations...

For more great financial aid news and updates, visit http://www.financialaidnews.com/

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