Latest Student financial aid News

Editorial Roundup: Mississippi

Nov. 17, 2021 13:33 PM EST

Greenwood Commonwealth. Nov. 12, 2021. Editorial: Who should get financial Aid? Mississippi State University President Mark Keenum probably did not intend to set off a public debate about the best use of financial aid for college-bound students. But...

Notre Dame receives $50 million gift toward undergrad aid

Nov. 16, 2021 17:25 PM EST

SOUTH Bend, Ind. (AP) — A $50 million gift to the University of Notre Dame to support undergraduate financial aid is the largest of its kind in the school's history, officials said Tuesday. Alumnus Harry Fath and his wife, Linda, of Cincinnati, Ohio, pledged the money...

Mississippi hospital to pay off loans to entice nurses

Nov. 05, 2021 08:09 AM EDT

GULFPORT, Miss. (AP) — A Mississippi hospital looking to hire more nurses amid a nationwide nursing shortage is now offering to help pay off student loans of new hires. The Sun-Herald reported that Memorial Hospital in Gulfport is offering to...

Brown expands student aid after endowment, fundraising haul

Oct. 25, 2021 12:11 PM EDT

PROVIDENCE, R.I. (AP) — Brown University will expand financial aid for students and work to improve college access following lucrative hauls from its endowment and a fundraising campaign, the Ivy league school announced Monday. The Providence, Rhode Island-based school...

Free community college expected to be cut from spending bill

Oct. 22, 2021 11:53 AM EDT

President Joe Biden's long-sought goal of free community college appears to be a victim of cost-cutting in his social spending plan, dealing a major blow to his vision for a historic expansion of educational opportunity to all Americans. Biden acknowledged as much in a...

Amherst College drops admissions edge for children of alumni

Oct. 20, 2021 13:45 PM EDT

AMHERST, Mass. (AP) — Amherst College will no longer give admissions preference to the children of alumni, the school announced Wednesday, ending a practice that has been criticized for giving an additional advantage to students from wealthier families. The liberal arts...

Borrowers denied student loan relief will get a second look

Oct. 13, 2021 15:10 PM EDT

Thousands of public servants who were rejected from a student loan forgiveness program will get their cases reviewed by the Education Department as part of a settlement in a lawsuit brought by one of the nation's largest teachers unions. The settlement announced Wednesday...

The end of student loan forbearance will be tougher on women

Oct. 13, 2021 07:13 AM EDT

Before the pandemic, wage disparities already made it tougher for working women to pay off student loans than men. Now, after a second year of juggling increased caregiving duties, over a million women have had to drop out of the workforce as a new/old problem looms: the restart of federal...

EXPLAINER: What's behind changes in student loan forgiveness

Oct. 08, 2021 00:40 AM EDT

A student debt forgiveness program with notoriously complex eligibility rules is getting an overhaul from the Biden administration, with the intent of extending debt relief to thousands of public workers. The Education Department announced Wednesday that it will lift some...

Troubled student loan forgiveness program gets an overhaul

Oct. 06, 2021 07:53 AM EDT

The Biden administration is temporarily relaxing the rules for a student loan forgiveness program that has been criticized for its notoriously complex requirements — a change that could offer debt relief to thousands of teachers, social workers, military members and other public servants. ...