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Higher Ed News

May 18, 2023
Vol. 15 - Issue 10

Higher interest rates set for loans borrowed during 2023-24 academic year

Borrowing student loans will get more costly with the new interest rates set for the 2023-24 academic year.

Department of Education updates third-party servicer guidance

It looks like it is back to the drawing board for third-party servicer guidance.

Keeping track of scholarship requirements

Congratulations to the class of 2023 on a job well done!

Department of Education proposes new gainful employment regulations

Postsecondary institutions offering non-degree programs and all programs at for-profit institutions will face some higher standards in the future under proposed regulations released on May 17.

2024-25 FAFSA to present new "consent" process to determine financial aid eligibility

It will be a necessary step in applying for federal financial aid.

Reminder about Memorial Day holiday closings

The Department of Education is among the federal offices closed for the Memorial Day federal holiday on Monday, May 29.

Department encourages use of work-study funds to pay for tutoring and mentoring programs

To help overcome pandemic learning loss, the Department of Education is encouraging postsecondary institutions to use work-study funds for programs to provide tutoring, mentoring, and other support to school-aged students.

StudentAid.gov enhancements to help students, parents, and borrowers

Students and parents may notice some improvements this spring to the Department of Education's StudentAid.gov website.

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