Get Federal Student Aid News and Resources at StudentAid.gov
WEBMar 11, 2022 · U.S. Department of Education. March 11, 2022. Federal Student Aid, Headlines, News. StudentAid.gov/articles is your one-stop shop for a wide range of topics, including but not limited to. the proper way to fill out the Free Application for Federal Student Aid (FAFSA ®) form; what happens to your student loans when you get married; and.
Announcing the Next Generation of Federal Student Loan Servicing
WEBMay 19, 2022 · Today, I’m pleased to announce that Federal Student Aid (FSA) posted the solicitation for what we’re calling the Unified Servicing and Data Solution (USDS). The USDS is the long-term loan servicing solution designed to provide federal student loan borrowers with a 21st-century customer experience. Building on …
A First Look at Student Loan Repayment After the Payment Pause
WEBDec 15, 2023 · By: U.S. Undersecretary of Education James Kvaal After more than three years, in June 2023, Congress ended the student loan payment pause, which suspended payments and interest for the duration of the pandemic. This fall, more than 28 million borrowers are returning to repayment, an unprecedented challenge for both borrowers and the Department of Education.Continue Reading
PSLF Processing Improvements: What Borrowers Can Expect
WEBApr 26, 2024 · Update about federal student aid Next week, FSA will begin the next phase in years long work to improve the Public Service Loan Forgiveness (PSLF) program. These improvements have been in the making for years and are an exciting and necessary step in transitioning key aspects of the PSLF program, including …
Federal Student Aid Archives - ED.gov Blog
WEBJuly 17, 2024. Federal Student Aid, News. By: James Kvaal, U.S. Under Secretary of Education. No president in history has done more to fix a broken student debt system than President Biden – including approving loan forgiveness for more than 4.7 million people and creating the SAVE plan, the most affordable repayment plan ever.
Modernizing Federal Student Loan Servicing - ED.gov Blog
WEBMar 14, 2024 · By: Richard Cordray, Chief Operating Office, Federal Student Aid, U.S. Department of Education This spring, Federal Student Aid (FSA) will begin improving how individual borrowers manage and repay their federal student loans. Through multiple phases, we will bring online an entirely new federal student loan servicing environment – a goal we have pursued for moreContinue Reading
Secretary Cardona Outlines Steps to Modernizing the Office of …
WEBMay 30, 2024 · Federal Student Aid, News. In a letter sent to all staff today, U.S. Secretary of Education Miguel Cardona outlined comprehensive steps the Department is taking to improve Federal Student Aid (FSA) for students, families, borrowers, and schools. These efforts will ensure FSA works better and addresses ongoing …
Implementing the Joint Consolidation Loan Separation Act
WEBJun 26, 2024 · Since the passage of the JCLSA, Federal Student Aid (FSA) has been working to create an application for joint consolidation loan co-borrowers. That Application and Promissory Note (App/Note) has undergone two rounds of public comment, the last of which concluded on June 06, 2024.
Federal Student Aid’s Summer Assignment: Modernize the …
WEBJul 25, 2022 · By: Richard Cordray, Chief Operating Officer, U.S. Department of Education’s Office of Federal Student Aid For many, summer is a time for family trips and backyard BBQs, but it is not all fun and games. Before we know it, many students will be rushing to complete summer assignments before heading back to school. Here atContinue Reading
Improvements for Borrowers Working Toward PSLF - ED.gov Blog
WEBJul 11, 2024 · This week, the U.S. Department of Education’s (Department) office of Federal Student Aid (FSA) is updating how borrowers manage their participation in the PSLF Program. These exciting changes have been in development for many years as the Department has worked to both overhaul loan servicing and implement significant improvements to its loan ...
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