Federal Student Aid
September 5, 2023Biden-Harris Administration Announces More Than 4 Million Student Loan Borrowers Are Enrolled in the New SAVE Plan
The U.S. Department of Education today announced more than 4 million student loan borrowers are enrolled in the Biden-Harris Administration's new Saving on A Valuable Education (SAVE) income-driven repayment (IDR) plan, including those who were transitioned from the previous Revised-Pay-As-You-Earn (REPAYE) plan.
August 24, 2023U.S. Department of Education Takes Action Against Five Schools for Disbursing Federal Student Aid to Students Enrolled in Unaccredited Programs
Today, the U.S. Department of Education (Department) announced settlement agreements with five law schools after a Federal Student Aid (FSA) investigation revealed that the schools improperly disbursed Title IVfunds to students enrolled in unaccredited Master of Laws (LL.M.) programs.
February 7, 2022New Updates to College Scorecard Make Tool More Useful for Students and Families With Data About College Costs, Graduation Rates, and Post-College Earnings
Today, the U.S. Department of Education released updates to the College Scorecard that make the tool more useful for students and families weighing college options. The tool also includes new and updated information that may be beneficial to school counselors, college access providers, researchers, and other critical stakeholders.
March 29, 2021Education Department Announces Relief for Student Loan Borrowers with Total and Permanent Disabilities During the COVID-19 Emergency
The Department of Education (Department) today announced relief for certain borrowers who have received student loan discharges due to total and permanent disability. These changes will ensure no borrowers are at risk of having their loans reinstated, meaning they would have to repay their debt—for failure to provide earnings information during the COVID-19 emergency.
January 29, 2021Following up on President Biden's Executive Order last week directing all federal agencies to address the current economic crisis resulting from the pandemic, the U.S. Department of Education today announced a special effort to help Americans pursue higher education.
January 21, 2021At the Request of President Biden, Acting Secretary of Education Will Extend Pause on Federal Student Loan Payments
At the request of President Biden, the Acting Secretary of Education will extend the pause on federal student loan payments and collections and keep the interest rate at 0%. Too many Americans are struggling to pay for basic necessities and to provide for their families. They should not be forced to choose between paying their student loans and putting food on the table.