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Education Department (ED) said it has discovered a calculation error in studentfinancialaid applications sent to colleges this month and will need to reprocess them, potentially continuing delays for college applications. The guide will be updated regularly through April 2024.
Title IV's Office of FederalStudentAid received the largest departmental budget allocation - over $68 billion, with $20 billion promised for distribution during 2025 4. This represents the largest financial relationship between the federalgovernment and higher education institutions.
” Institutions will need to seek more partners in the private philanthropic space to help support studentfinancialaid, and income-based loans are one way to maximize their contributions, according to these nonprofit leaders. billion worth of federal loans to 6.7 The Department of Education dolled out $85.8
Critical Functions Cut: Whats Gone and Whats Left FederalStudentAid (FSA) FSA was among the hardest-hit divisions. This office, central to administering studentfinancialaid programs, saw substantial staff losses. The federalgovernment is not pulling Pell Grants away.
Washington Update Key Discussion Points: Higher Education Act 2019 Changes : Emphasis on the need for a comprehensive review of the act, touching on Title II (teacher education), Title IV (federalstudentfinancialaid), and Title IX (campus security). 00:06:13] Drumm: So, this is in effect now? [00:06:16]
Department of Education, one of the federalgovernments smallest Cabinet-level agencies, operates programs across every level of education. In fact, less than 8% of public school revenue came from federal agencies, including the Education Department, before COVID-19 reached the U.S. presidency in 2024.
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