Latest Student financial aid News

Trump signs student debt forgiveness for disabled veterans

Aug. 21, 2019 6:16 PM EDT

LOUISVILLE, Ky. (AP) — Hundreds of millions of dollars in federal student loan debt owed by tens of thousands of disabled military veterans will be erased under a directive President Donald Trump signed Wednesday. Trump ordered the Education Department to "eliminate every penny of federal student loan...

Gov. signs law expanding National Guard tuition assistance

Aug. 21, 2019 8:28 AM EDT

SALEM, Ore. (AP) — Gov. Kate Brown has signed into law a measure allowing members of the Oregon National Guard to receive tuition assistance at Oregon Health and Science University and private institutions in addition to community colleges and public higher education institutions. KATU-TV reports House...

Trump appoints student loan industry exec to watchdog job

Aug. 16, 2019 3:41 PM EDT

NEW YORK (AP) — The Trump administration has hired a longtime student loan industry executive to be the federal government's top watchdog for the $1.5 trillion student loan market. Robert Cameron will serve as the Consumer Financial Protection Bureau's new student loan ombudsman, the bureau said Friday....

Million-dollar opioid drug ring started small, No. 2 says

Aug. 15, 2019 4:52 PM EDT

SALT LAKE CITY (AP) — A man who prosecutors call the second-in-command of a multimillion-dollar online opioid drug ring said Thursday the operation started small, when he needed cash for student loans so he let his roommate sell his prescription Adderall. Drew Crandall, 33, said the dark-web operation run...

Murphy: Community college grant application deadline nearing

Aug. 15, 2019 3:58 PM EDT

TRENTON, N.J. (AP) — New Jersey Gov. Phil Murphy is reminding community college students to file their financial aid applications so they could qualify for free tuition. Murphy appeared Thursday at Middlesex County Community College with Assembly Speaker Craig Coughlin and other officials to tout the...

UofL trustees approve university's plan to purchase hospital

Aug. 14, 2019 4:36 PM EDT

LOUISVILLE, Ky. (AP) — University of Louisville trustees approved a deal Wednesday to have the school purchase financially ailing Jewish Hospital in a transaction that officials said will benefit the region's health care and the school's medical training and research programs. State leaders stepped up to...

State loan authority awards 177 college scholarships

Aug. 11, 2019 11:56 AM EDT

HARTFORD, Conn. (AP) — A state loan agency has awarded 177 scholarships to students attending college in Connecticut. The Connecticut Higher Education Supplemental Loan Authority recently announced the awards to students from 69 towns who are attending 20 of the 34 public and nonprofit universities in the...

Consumer credit up $14.6 billion, slowest in 3 months

Aug. 7, 2019 3:21 PM EDT

WASHINGTON (AP) — Consumer borrowing slowed in June to the smallest increase in three months as a jump in auto loans and student loans was offset by a big drop in borrowing on credit cards. Overall consumer borrowing increased by $14.6 billion in June after a $17.8 billion advance in May, the Federal...

University of Virginia to offer aid to undocumented students

Aug. 6, 2019 11:54 AM EDT

CHARLOTTESVILLE, Va. (AP) — The University of Virginia has extended financial aid eligibility to undergraduate students who are in the Deferred Action for Childhood Arrivals program. The Daily Progress reports the financial help will become available in Charlottesville this fall. University spokesman Wes...

New law aimed at helping more students receive financial aid

Aug. 3, 2019 12:56 PM EDT

DECATUR, Ill. (AP) — Gov. J.B. Pritzker has signed a measure aimed at helping more Illinois students receive federal financial aid to attend college. The new law makes completing the Free Application for Federal Student Aid a requirement for graduation. The federal government uses the application to...