NAICU Washington Update The Department of Education is seeking comments on recommended changes to eligibility standards for PLUS Loans. The proposed regulations, published on August 8, would update the criteria for determining if a potential PLUS Loan parent or student borrower has an “adverse credit history” that prevents the applicant from getting the loan. By […]
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Published Tuition at Private Institutions Grew an Average of 3.6 Percent for 2013-14; Institutional Student Aid up 6.9 Percent WASHINGTON, D.C. (October 10, 2013) — Students and families entering the nation’s private, nonprofit colleges and universities this academic year experienced the lowest tuition and fee rate increases in at least four decades. According to an annual […]
Recently, Rep. Paul Ryan released a preliminary budget for fiscal year 2015. Below is our response, in the form of a letter we sent to the House of Representatives–including Rep. Ryan, who is chairman of the House Budget Committee–on April 7, 2014. Dear Representative: On behalf of the millions of students, educators, administrators and college […]
According to the College Board, federal grant, loan, and work-study programs accounted for for 71 percent of all available student aid during the 2012-2013 academic year. That translates into $170 billion out of a total $238.5 billion. Grants from institutions and private sources account for another 22 percent ($59 billion), and state grants provide over […]
Congressional negotiators on Monday released details on the final FY 2014 omnibus spending package, which would fund all federal government agencies through Sept. 30. Among the higher education provisions in the $1.1 trillion bill are increases for research and student aid programs that begin to restore spending to pre-sequestration levels. The measure, known as the […]
As Congress winds down for its holiday break, there is still much work to be done. A bipartisan budget deal is gaining steam, but we want to ensure the harmful cuts to student aid as a result of the sequester are ultimately reversed. Consequently, the co- chairmen of Student Aid Alliance, Molly Corbett Broad and […]