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[2] [3] The program is named after William D. Ford, a former member of the U.S. House of Representatives from Michigan. Following the passage of the Health Care and Education Reconciliation Act of 2010, the Federal Direct Loan Program is the sole government-backed loan program in the United States.
The $10 million grant program offers student teachers up to $15,000 in stipends during their 12-week full-time placements. Pennsylvania’s new student teacher stipend application launches. Here ...
A stipend is a regular fixed sum of money paid for services or to defray expenses, such as for scholarship, internship, or apprenticeship. [1] It is often distinct from an income or a salary because it does not necessarily represent payment for work performed; instead it represents a payment that enables somebody to be exempt partly or wholly from waged or salaried employment in order to ...
As of July 1, 2010, Stafford Loans are no longer being offered, having been replaced with the William D. Ford Federal Direct Student Loan Program. In 1988, Congress renamed the Federal Guaranteed Student Loan program the Robert T. Stafford Student Loan program, in honor of U.S. Senator Robert Stafford , a Republican from Vermont , for his work ...
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The department began the process of re-instituting a gainful employment rule in December 2021, holding a set of negotiating sessions with stakeholders in 2022. [52] In early 2023 the department published a noticed seeking input on metrics that could be used to identify low-financial-value programs in postsecondary education (beyond those ...
The COLA for 2024 will be 3.2%. The COLA for 2022 was 8.7%, the most significant increase since 1981. ... It helps subsidize part-time employment and training in community service positions so ...
The 2022 ratification vote had a historically high turnout for graduate student workers, with over 92% of approximately 36,000 eligible workers voting overall. In comparison, only 4,374 workers participated in the previous ratification vote in 2018, with 59% voting yes. [26] The 2022 strike ended with the ratification of these contracts.