The Latest Breaking News from Federal Student Aid

"The end of forbearance on student loans is going to create payment shock to millions of Americans."

The court has struck down President Biden's plan to discharge federal student loan debt for tens of millions of Americans. Here are five takeaways for borrowers and the country.

Need-based financial aid is money that’s awarded to you based on your family’s income and finances. If you need additional funds to pay for school and can demonstrate financial need, you may qualify for different types of need-based federal aid, like work-study and Direct Subsidized Loans. To check your eligibility,…

A three-year pause on federal student loan payments will soon end regardless of how the Supreme Court rules this week on a White House plan to forgive billions of dollars in student loan debt

A three-year pause on student loan payments will end this summer regardless of how the Supreme Court rules on the White House plan to forgive billions of dollars in student loan debt

If you've defaulted on student loans, rehabilitation and consolidation are options that will help.

The error leaves borrowers in limbo until the Supreme Court hears the case next year

Millions of borrowers thought they were approved for debt relief, Federal Student Aid says it was a mistake.

President Biden’s plan to provide up to $20,000 in federal student loan forgiveness has been blocked by two federal courts

President Joe Biden’s plan to provide up to $20,000 in federal student loan forgiveness has been blocked by two federal courts

On Wednesday, President Biden announced a sweeping student loan forgiveness measure that’s expected to benefit 95 percent of federal borrowers. However, many borrowers are wondering whether they’re eligible and what this means for their finances in the long term.