Financial Aid Appeal Letter
March 24, 2024
Due to the FAFSA delay issues, this year’s Appeal process will be slightly different. We recommend getting a head start since the time to appeal
Read More »
FAFSA Delays Are Impacting College Admissions
March 24, 2024
Are FAFSA delays causing a domino effect in college admissions? For the high school class of 2024, the launch of FAFSA Simplification is causing additional
Top Six Items to Consider when Comparing Award Letters
March 23, 2024
This year’s college-bound seniors and their families should be comparing their award letters shortly. It has been delayed due to the FAFSA processing delays. To
Decoding the Financial Aid Award Letter
March 23, 2024
Parents and students often find it challenging to understand the financial aid award letters they receive from each college. PayForED has developed college funding and
Types of Loans Available in the Financial Aid Award Letter
March 22, 2024
Over 70% of families finance a portion of their children’s education, and many families need help understanding the long-term consequences of borrowing loans to pay
Financial Aid Award Letter: What is the difference between a Scholarship and Grant
March 22, 2024
Due to the FAFSA issues, college financial aid award letters are delayed, but they should arrive shortly for college-bound students. The PayForED series on Understanding
Parent PLUS Double Consolidation Loophole: A Comprehensive Guide
February 26, 2024
Are you a parent struggling to juggle multiple student loans? The Parent PLUS Double Consolidation Loophole might be the answer you’ve been looking for. This
IRS Data Integration with Student Loan Repayment Systems and FAFSA
February 26, 2024
Many people need to realize how important this year’s tax filing decision is with the new IRS data integration and the Department of Education’s (DOE)
Paying For College
10 Tips for Paying for College and Avoiding Excessive Debt
Every year, while in college, students make student loan decisions that will affect their financial future. They are part of the 20 million people paying
June 29, 2024
Student Loan Repayment
Save Repayment Plan is Halted
On Monday, 6/24/24, two different federal judges halted the second rollout phase of the SAVE repayment method. The second phase was to be implemented on
June 26, 2024
Student Loan Forgiveness
IDR One-Time Adjustment Deadline Extended until June 30th, 2024
The Department of Education (DOE) announced on May 15, 2024, that it will extend the consolidation process for the IDR One-time Adjustment program. The program’s
May 16, 2024
Student Loans
Federal Student Loan Interest Rate for 2024-25
The Federal government has determined the Federal Direct Student Loan interest rates for the school year 2024-25, and they will be higher. This will be
May 9, 2024
Student Loan Forgiveness
PSLF Servicing Advice is Being Centralized At FSA
The Department of Education (DOE) announced that PSLF Servicing Advice is being centralized at the FSA (Federal Student Aid) office through the StudentAid.gov website. The
April 5, 2024
Financial Aid
More FAFSA Issues That May Delay Award Letters
On Monday, the Department of Education (DOE) announced more FAFSA issues that may delay award letters for this year’s entering college students. In addition to
April 5, 2024
Stay current with us
Join our mailing list and we will periodically send you insightful information concerning the world of college financing. You will also receive our informative newsletter. We will never share your information with anyone.