Student Financial Aid
July 13, 2021U.S. Department of Education Announces Temporary Changes to the Federal Aid Verification Process for the 2021-22 Award Year
Today, the U.S. Department of Education (Department) announced temporary changes to the federal student aid verification process for the 2021–22 award year. The temporary changes will provide relief to millions of students and colleges facing challenges as a result of the COVID-19 pandemic.
June 14, 2021
Today, Federal Student Aid (FSA) released two new sets of quarterly portfolio reports on its Data Center website with key data and other information about federal student aid programs as of December 31, 2020 and March 31, 2021.
May 3, 2021U.S. Department of Education Announces Richard Cordray as Chief Operating Officer of Federal Student Aid
The U.S. Department of Education (ED) announced today that it has selected Richard Cordray as the Chief Operating Officer of Federal Student Aid. Cordray is the former Director of the Consumer Financial Protection Bureau and the former Attorney General of Ohio.
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.
December 9, 2016Termination of the Accrediting Council for Independent Colleges and Schools as an ED Recognized Accrediting Agency
On August 19, 2022, the Deputy Secretary of Education, as delegated by the Secretary, issued a final decision on the appeal of the Accrediting Council for Independent Colleges and Schools (ACICS) regarding its status as a recognized accrediting agency by the U.S. Department of Education.