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Cal Grant. Cal Grant is a financial aid program administrated by the California Student Aid Commission (CSAC) providing aid to California undergraduates, vocational training students, and those in teacher certification programs. Cal Grants are the largest source of California state funded student financial aid. [1]
The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1]
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...
After college students faced numerous hurdles ahead of the 2024-25 school year, the Department of Education announced a new process for accessing federal student aid for the 2025-26 year.
Current student loans news for 6/21/2024. Millions of borrowers enrolled in Saving on a Valuable Education (SAVE) are poised to benefit both immediately and in August, thanks to upcoming changes ...
It’s entirely possible to get a student loan with bad credit. Your best bet is to start with federal student loans. But if you need private student loans to help finance your education, bad ...
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For unmarried students under 24, Congress mandates that parental income and assets be included. The resulting figure is the student's "need". Colleges attempt to provide students with enough financial aid to meet all student need, but in most cases are unable to do so completely. The result is "unmet need".