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Republican Proposal Would Double Pell Grants, Set Student Loan Caps

BestColleges

The proposal would double the maximum Pell Grant, but only for students in their third and fourth years of college. It aims to overhaul the federal student loan system by removing the Parent PLUS and Grad PLUS loan programs. Foxx framed the legislation as an answer to the student loan debt crisis.

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Supreme Court Loan Forgiveness Ruling Confirms Mistrust Among College Students

BestColleges

The Supreme Court rules against Biden's student loan debt forgiveness plan in a 6-3 decision. A BestColleges survey found over half of the students would be angry or disappointed if the court overruled the program. Those who received Pell Grants while in school were eligible for up to $20,000 in forgiveness.

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A Guide to the Federal Work-Study Program

College Essay Guy

Want to minimize student loan debt while attending college or graduate school? The federal work-study program ensures part-time jobs are available to undergraduate and graduate students with financial need. How do you apply for the program? How does the federal work-study program work?

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A Guide to How to Pay for Grad School

College Essay Guy

That number you just read is the average debt balance among graduate students with federal student loans in 2023, according to the Education Data Initiative. Here’s some good news: you may not need to take out any student loans to go to graduate school. In fact, loans should be your last resort.

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Fundamentals of Financial Aid for 2024

Admissions.Blog

Need-Based Financial Aid Need-based financial aid is awarded to students based on their demonstrated financial need, which is calculated through the Free Application for Federal Student Aid (FAFSA) or other financial aid application processes. Grants and scholarships do not need to be repaid, making them a form of “gift aid.”

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Fast Facts: Financial Aid

BestColleges

The majority of students awarded financial aid received federal grants. The average federal grant award for undergraduate students has more than doubled to $10,590 in 2022 from $5,190 in 2001. [2]. 41% of undergraduate students who were awarded aid received federal student loans during the 2019-2020 academic year.

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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.

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