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The Latest Breaking News from Federal Student Aid

What the Supreme Court's rejection of student loan relief means for borrowers

The court has struck down President Biden's plan to discharge federal student loan debt for tens of millions of Americans. Here are five takeaways for borrowers and the country.

WEKU

Need-based financial aid: What it is and how to qualify

Need-based financial aid is money that’s awarded to you based on your family’s income and finances. If you need additional funds to pay for school and can demonstrate financial need, you may qualify for different types of need-based federal aid, like work-study and Direct Subsidized Loans. To check your eligibility,…

Tribune News Service

Here's how to prepare to start paying back your student loans when the pandemic payment freeze ends

A three-year pause on federal student loan payments will soon end regardless of how the Supreme Court rules this week on a White House plan to forgive billions of dollars in student loan debt

The Independent UK

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Here's how to prepare to start paying back your student loans when the pandemic payment freeze ends

A three-year pause on student loan payments will end this summer regardless of how the Supreme Court rules on the White House plan to forgive billions of dollars in student loan debt

The Independent UK

A guide to recovering from student loan default

If you've defaulted on student loans, rehabilitation and consolidation are options that will help.

Fortune

Debt relief email error hits millions

The error leaves borrowers in limbo until the Supreme Court hears the case next year

Salon

An error email leaves 9 million student loan borrowers in limbo

Millions of borrowers thought they were approved for debt relief, Federal Student Aid says it was a mistake.

WEKU

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What to know if you’ve applied for student loan forgiveness

President Biden’s plan to provide up to $20,000 in federal student loan forgiveness has been blocked by two federal courts

The Independent UK

What to know if you've applied for student loan forgiveness

President Joe Biden’s plan to provide up to $20,000 in federal student loan forgiveness has been blocked by two federal courts

The Independent UK

Your student loan forgiveness questions, answered

On Wednesday, President Biden announced a sweeping student loan forgiveness measure that’s expected to benefit 95 percent of federal borrowers. However, many borrowers are wondering whether they’re eligible and what this means for their finances in the long term.

Tribune News Service

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