Posts Tagged ‘federal’

New Developments for Student Loan Forgiveness

As you may have heard in the news, there are new developments for student loan forgiveness. This is a fast-moving program change and we do not have final guidelines on the implementation of the program. Nonetheless, we wanted to get you the information we have so far, and subscribe below to receive updates as we…

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The FAFSA and Your Income.

Your income from two years prior is what counts on the FAFSA. For example, the 2021-2022 FAFSA will rely on income information in your 2019 tax return. FAFSA for 2021-2022 Academic Year Opens on October 1.   The FAFSA (Free Application for Federal Student Aid) for the 2021-2022 year opens on October 1, 2020. The…

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Federal Student Loan Borrowers Get Some Relief Due to COVID-19

On March 20, 2020, the Department of Education announced terms for student loan relief for tens of millions of borrowers in response to COVID-19.1 Here are answers to some questions about the new rules. For more information and to follow subsequent potential rule modifications, visit the federal student aid website. Does the relief apply to all student loan…

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