1. Student Financial Aid, U.S. Department of Education Update

    “The Department appreciates that postsecondary institutions and their students face continued challenges resulting from the novel coronavirus disease (COVID-19) pandemic. This guidance provides updated information that expands upon the Department’s March 5, 2020 and April 3, 2020 guidance. Here, we provide additional regulatory flexibilities due to the President’s declaration of a national emergency due to […]

  2. Student Financial Aid, U.S. Department of Education Update

    “The Department of Education (ED) late on Friday released an updated COVID-19 Electronic Announcement (EA), providing new guidance and flexibilities on verification, need analysis, and distance education. The EA provides some guidance related to the COVID-19 stimulus bill, the  Coronavirus Aid, Relief, and Economic Security (CARES) Act, but does not address all of the CARES […]

  3. Federal Student Loan Payments Suspended

    “All borrowers with federally held student loans will automatically have their interest rates set to 0% for a period of at least 60 days. In addition, each of these borrowers will have the option to suspend their payments for at least two months to allow them greater flexibility during the national emergency. This will allow […]

  4. Title IV, Student Financial Aid

    “This electronic announcement addresses concerns expressed by higher education leaders regarding how they should comply with Title IV, Higher Education Act (HEA) policies for students whose activities are impacted by Coronavirus (COVID-19), either directly because the student is ill or quarantined, or indirectly because the student was recalled from travel-abroad experiences, can no longer participate […]