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“A delayed release date could compound that confusion and result in a decline in applicants for federal studentaid,” the coalition wrote. ” Editorial Tags: Student debt Image Source: designer491/iStock/Getty Images Plus Is this diversity newsletter?: “We want to work with you to avoid that scenario.”
NACUBO also found that colleges increased their endowment spending, with dollars increasingly flowing toward institutional operating budgets, largely focused on studentfinancialaid. Colleges tapped into their endowments for a variety of reasons, but primarily for studentfinancialaid.
“It’s about setting up that mind-set: even though you don’t have a full-time job, the concept of saving, the concept of living within your means, budgeting,” shares Dana Kelly, vice president of professional development for the National Association of StudentFinancialAidAdministrators.
But the system doesn’t have enough administrative staff to navigate the complexities of managing a multistate workforce and can’t offer the flexibility some employees want. She also noted that a growing lack of financialaid officers at the colleges risks slowing down the processing of studentfinancialaid paperwork.
Image: The new version of the Free Application of StudentAid might not be ready by Oct. 1, Federal StudentAid officials said Tuesday, though the agency is planning to launch the application in the fourth quarter of this year. 1, as it has since 2016. 1 launch, adding that the office has a lot going on. 1, experts say.
Nearly 13 million college students divvied up $19.5 billion in federal COVID-19 emergency aid in 2021, and the Education Department estimated that 18 million total—80 percent of whom were Pell Grant recipients—received aid during the first two years of the Biden administration.
Still, a combination of technology and legislative changes should lead to a simpler process to fill out the application, which is essential for students to access need-based federal and state financialaid. Desjean said knowing students’ plans would help administrators prepare more accurate offers.
The Education Department announced last month that it would revisit nearly three decades of policy making under Title IV of the Higher Education Act that has largely restricted colleges from paying recruiters based on how many students they enroll. Is this diversity newsletter?: Newsletter Order: 0 Disable left side advertisement?:
Image: Higher education administrators say a change in the federal studentaid formula could mean lower levels of financialaid for children whose parents run family farms or small businesses, and they want Congress to take action. Some groups say that will mean some families will have to pay more for college.
” Increasing the Pell Grant by is a key part of the administration’s plan to make college more affordable. The administration also is renewing calls for free community college with a $90 billion proposal over 10 years. Further, the administration wants $500 million to jump-start the free community college effort.
Image: Several Supreme Court justices appeared skeptical of the Biden administration’s plan to forgive up to $20,000 in federal student loans during a nearly four-hour hearing Tuesday. The court ended up blocking the Trump administration from ending the program. ” U.S.
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