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June 25, 2020 |
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Mapping Your Future survey reveals financial aid professionals under stress due to the pandemicFinancial aid professionals are concerned about their office's ability to process aid during the COVID-19 pandemic, according to the results of a Mapping Your Future survey. Direct Loan fees for 2020-21 announcedThe Department of Education this week announced the new fees to be charged to borrowers under the Direct Loan Program. Three things you must do to continue receiving financial aid for your educationStudents who establish their initial eligibility for federal financial aid by completing all the necessary forms aren't finished - at least when it comes to making sure they continue receiving financial aid. Your EFC number - what it is and what it isn'tIt isn't a magic number, but your EFC is an important number when it comes to determining the amount of financial aid you are eligible to receive at the school you plan to attend after high school. Helping borrowers know their student loan interest ratesInterest rates may not be on student loan borrowers' minds too much right now - especially with the temporary implementation of zero percent interest on federally held student loans. Updates continue on StudentAidPandemic.org siteIt is challenging to keep up with the updates to the information for current college students and student loan borrowers. Federal offices to close on July 3If you are working on Friday, July 3, it should be a good day to get caught up on answering your emails or on organizing your office. | ||||||||||||||||
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