Announcements
Student Loan Payments Restart in October
Our partner, Inceptia, the Department of Education, and loan servicers will be communicating with borrowers from now until their first payment due date. Visit studentaid.gov - COVID-19 Emergency Relief and Federal Student Aid for more information.
Learn about the new SAVE repayment plan when considering your options for repayment.
Protect yourself from student loan scams
You never have to pay for help with your federal student aid, including your student loans. Read more about how to avoid scams and what to do if you think you've been scammed.
Upcoming 2024-2025 FAFSA Changes
Beginning with the 2024–2025 FAFSA, the Expected Family Contribution (EFC) will be replaced by the Student Aid Index (SAI) and will use federal poverty guidelines to determine federal Pell Grant eligibility.
The 2024–2025 FAFSA application is anticipated to be available in December 2023 and will also include changes to the information used to determine the Student Aid Index.
Changes include:
- Elimination of family members currently enrolled in college.
- Elimination of allowance for state and local taxes
- Allowance of negative Student Aid Index amounts
- Adjustments to Income Protection Allowance (IPA)
Federal Student Aid Eligibility for Borrowers with Defaulted Loans — “Fresh Start” initiative
Students currently in default on their Federal student loans now have an opportunity to get another chance to receive Federal aid and complete their education. Read more about the Fresh Start initiative.