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Tip of the Week – May 15, 2024

Tip of the Week Updating interest rates New student loan borrowers will be facing higher interest rates starting July 1. To help students know the upcoming July 1 interest rates, Mapping Your Future staff recently updated several references to interest rates. The new rates were announced in a May 14 Electronic Announcement. Updates were completed on […]

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Mapping Your Future Higher Ed News – May 9, 2024

Higher Ed News Vol. 16 – Issue 10 Brookings article recommends actions to minimize postsecondary enrollment declines caused by FAFSA problems Many have predicted the problems with the 2024-25 FAFSA will have an impact on college enrollment this fall. Accessing the 2024-25 FAFSA may be easier now for those without a Social Security number The

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Computer keyboard with FAFSA button

Accessing the 2024-25 FAFSA may be easier now for those without a Social Security number

By Catherine Mueller The gate restricting entry to the FAFSA for some students and their parents has been opened by the Department of Education. In an Electronic Announcement this week, the U.S. Department of Education said it would allow students, whose parents may not have a Social Security number, to immediately access the 2024-25 FAFSA online after creating

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Five facts everyone should know about parent student loans

By Catherine Mueller Saving for college can be tough. With costs of just about every living expense continuing to rise, setting aside money for a child’s education may have been challenging. Even if a family has managed to save some money, it may not be enough to cover all of a student’s college expenses. Parents who

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Computer keyboard with FAFSA button

Nine reasons why a student wouldn’t ask a parent to provide information on the FAFSA

By Catherine Mueller For most students, applying for financial aid for college is not a solo act. In other words, students who are under the age of 24 must ask their parent or parents to contribute to their FAFSA – unless they have personal or unusual circumstances that exempt them from including parent information. If a

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Resources to help with FAFSA corrections

By Catherine Mueller This week, the Department of Education is emailing students and contributors who still need to make a correction to a 2024-25 FAFSA form, as well as to those who started a form, but did not yet submit it. In addition, the Department recently launched two videos – one for students and one for contributors – that

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