# Student Financial Aid

- The Better FAFSA: What You Need to Know The U.S. Department of Education is making transformational changes to the Free Application for Federal Student Aid (FAFSA®) form. The FAFSA form is an application that students and families need to complete to apply for federal student aid, such as federal grants, work-study funds, and loans. Completing and submitting the FAFSA form is free, and it gives students access to the largest source of financial aid to help pay for higher education.
- The Better FAFSA: What Colleges and Universities Need to Know Higher Education Opens Doors to Opportunity
- The Better FAFSA: What High School Educators and College Access Counselors Need to Know Higher Education Opens Doors to Opportunity
- The Better FAFSA: What Students and Their Families Need to Know Higher Education Opens Doors to Opportunity
- U.S. Department of Education Office of Federal Student Aid Fines Grand Canyon University $37.7 Million for Deceiving Thousands of Students The U.S.
- Biden-Harris Administration Announces More Than 4 Million Student Loan Borrowers Are Enrolled in the New SAVE Plan The U.S. Department of Education today announced more than 4 million student loan borrowers are enrolled in the Biden-Harris Administration's new Saving on A Valuable Education (SAVE) income-driven repayment (IDR) plan, including those who were transitioned from the previous Revised-Pay-As-You-Earn (REPAYE) plan.
- U.S. Department of Education Takes Action Against Five Schools for Disbursing Federal Student Aid to Students Enrolled in Unaccredited Programs Today, the U.S. Department of Education (Department)  announced settlement agreements with five law schools after a Federal Student  Aid (FSA) investigation revealed that the schools improperly disbursed Title IV funds to students enrolled in unaccredited Master of Laws (LL.M.)  programs.
- FACT SHEET: President Biden Announces New Actions to Provide Debt Relief and Support for Student Loan Borrowers No President has fought harder for student debt relief than President Biden, and he's not done yet. President Biden will not let Republican elected officials succeed in denying hardworking Americans the relief they need.
- Secretary Cardona Statement on Supreme Court Ruling on Biden Administration's One Time Student Debt Relief Plan Today, U.S. Secretary of Education Miguel Cardona issued the following statement on the Supreme Court's ruling on the Biden Administration's one-time student debt relief plan:
- U.S. Department of Education Launches Review of Prohibition on Incentive Compensation for College Recruiters The U.S. Department of Education announced today that it will hold virtual listening sessions on the impact of Department guidance on how institutions of higher education may compensate their recruiters. The Department is looking to hear from the public about how an exception contained in the guidance has affected the growth of online enrollment and associated federal student loan debt.
- New Proposed Regulations Would Transform Income-Driven Repayment by Cutting Undergraduate Loan Payments in Half and Preventing Unpaid Interest Accumulation Today, the U.S. Department of Education (Department) proposed regulations to reduce the cost of federal student loan payments, especially for low and middle-income borrowers.
- Statement from Secretary of Education Miguel Cardona on District Court Ruling on the Biden-Harris Administration Student Debt Relief Program U.S. Secretary of Education Miguel Cardona issued the following statement regarding today’s district court ruling on student debt relief:
- Federal Student Aid Office of Enforcement Tip Submission Do you know about illegal acts or other conduct that might violate the Higher Education Act or federal rules for institutions of higher education?We want to hear from you!Email the FSA Office of Enforcement today at FSATips@ed.gov
- Education Department Unveils Final Rules to Protect Veterans and Service Members, Improve College Access for Incarcerated Individuals and Improve Oversight When Colleges Change Owners Today, the U.S. Department of Education (Department) announced final rules that will better protect veterans and service members from predatory recruitment practices, implement access to Pell Grants for incarcerated students in high-quality prison education programs, and increase accountability when colleges and universities change ownership.
- U.S. Department of Education Estimate: Biden-Harris Student Debt Relief to Cost an Average of $30 Billion Annually Over Next Decade In August, the Biden-Harris Administration announced its plan to cancel up to $20,000 in student debt for eligible borrowers to give working and middle-class families more breathing room as they recover from the pandemic. Today, the U.S. Department of Education (Department) released its estimate of the costs of the Biden-Harris Administration's Student Debt Relief.
- Education Department Approves $1.5 billion in Debt Relief for 79,000 Borrowers Who Attended Westwood College Today, the U.S. Department of Education (Department) announced that it will discharge all remaining federal student loans for borrowers who enrolled in any location of Westwood College (including enrollment in Westwood's online program) between January 1, 2002 through November 17, 2015 when it stopped enrolling new borrowers in advance of its 2016 closure.
- Biden-Harris Administration Announces Final Student Loan Pause Extension Through December 31 and Targeted Debt Cancellation to Smooth Transition to Repayment Today, the U.S. Department of Education (Department) announced a final extension of the pause on student loan repayment, interest, and collections through December 31, 2022. Borrowers should plan to resume payments in January 2023.
- U.S. Department of Education Terminates Federal Recognition of ACICS, Enhances Federal Aid Program Participation Requirements for ACICS-accredited Colleges EDITOR’S NOTE: An earlier version of this release noted enrollment of ACICS-accredited institutions was 3,800. That number has been updated to nearly 5,000 students.
- Education Department Releases Proposed Regulations to Protect Veterans and Service Members, Increase College Oversight, and Increase College Access for Incarcerated Individuals Today, the U.S. Department of Education (Department) released proposed regulations that would implement critical changes in the American Rescue Plan Act of 2021 that better protect veterans and service members from being subject to aggressive targeting practices by requiring private for-profit institutions to obtain at least 10 percent of revenue from non-federal sources.
- Education Department Approves $5.8 Billion Group Discharge to Cancel all Remaining Loans for 560,000 Borrowers who Attended Corinthian Today, the U.S. Department of Education (Department) announced it will discharge all remaining federal student loans borrowed to attend any campus owned or operated by Corinthian Colleges Inc. (Corinthian) from its founding in 1995 through its closure in April 2015. This will result in 560,000 borrowers receiving $5.8 billion in full loan discharges.
- New Updates to College Scorecard Make Tool More Useful for Students and Families With Data About College Costs, Graduation Rates, and Post-College Earnings Today, the U.S. Department of Education released updates to the College Scorecard that make the tool more useful for students and families weighing college options.  The tool also includes new and updated information that may be beneficial to school counselors, college access providers, researchers, and other critical stakeholders.
- Biden Administration Extends Student Loan Pause Until January 31, 2022 WASHINGTON – Today, the U.S. Department of Education (Department) announced a final extension of the pause on student loan repayment, interest, and collections until January 31, 2022. The Department believes this additional time and a definitive end date will allow borrowers to plan for the resumption of payments and reduce the risk of delinquency and defaults after restart.
- U.S. Department of Education Announces It Will Expand the Second Chance Pell Experiment for the 2022-2023 Award Year Today, the U.S. Department of Education (Department) announced it will expand the Second Chance Pell experiment for the 2022-2023 award year. The Second Chance Pell experiment has provided education opportunities for thousands of justice-involved individuals who have previously been unable to access federal need-based financial aid.
- U.S. Department of Education Announces Temporary Changes to the Federal Aid Verification Process for the 2021-22 Award Year Today, the U.S. Department of Education (Department) announced temporary changes to the federal student aid verification process for the 2021–22 award year. The temporary changes will provide relief to millions of students and colleges facing challenges as a result of the COVID-19 pandemic.
- Department of Education Updates Series of Student Aid Quarterly Data Reports Today, Federal Student Aid (FSA) released two new sets of quarterly portfolio reports on its Data Center website with key data and other information about federal student aid programs as of December 31, 2020 and March 31, 2021.