Each year, the U.S. Department of Education’s office of Federal Student Aid provides around $112 billion in federal student aid. But students may miss out. Our FY 2021 Annual Report found that only about 61% of high school students submitted the Free Application for Federal Student Aid (FAFSA®) form between October 2020 and September 2021. So, let’s bust myths!
Until Oct. 31, 2022, federal student loan borrowers can get credit for payments that previously didn’t qualify for Public Service Loan Forgiveness (PSLF) or Temporary Expanded Public Service Loan Forgiveness (TEPSLF).
To get a parent or graduate PLUS loan, you can’t have an adverse credit history. If your PLUS loan application is denied based on the credit check results, don’t lose hope—you still have options. Find out how to get the money you need for school.
If you get a total and permanent disability (TPD) discharge, you don’t have to repay your federal student loan(s) or complete your TEACH Grant service obligation. As of April 2022, around 401,000 borrowers have gotten $7.8 billion in loan forgiveness through TPD discharge. Check out these three ways to qualify.
Track your federal student aid during college or career school with these four tools. Stay in the know and make informed financial choices.
Several relief measures are available during the COVID-19 emergency, including tuition refunds and credits, emergency grants, and enrollment flexibilities. Learn about these relief measures and find info about transferring schools or postponing your next term.