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Some checks are starting to be sent to certain student loan borrowers even though, as result of a court order, the Biden administration is temporarily blocked from processing debt discharges. SNAP...
More than 7,100 student loan borrowers will receive $3.5 million in refund checks after a consumer protection agency said they were scammed by a student debt relief company in renegotiating ...
For some people, that refund will be automatic. You can get a refund without applying if your payments brought your loan balance below the maximum debt relief amount: $10,000 for all borrowers ...
If the EFC is less than the cost of attending a college, the student has a financial need (as the term is used in the U.S. financial aid system). Students can file an appeal with their college financial aid office to seek additional financial aid, though the information about the process is not always clear or available online.
Borrowers typically owe $9,625, which is $8,500 less than the median loan balance of a non-defaulter. The majority of defaulters did not complete their bachelor's degree, but the median completed at least one year of study while maintaining grades in the C+/B- range. This shows that defaulters are able to complete college level work.
Under Biden’s plan, up to $10,000 in federal student debt relief will be provided to individual borrowers with annual incomes below $125,000 in 2020 or 2021, and households with less than ...
The students of Timothy Dwight were originally nicknamed "Prexies," a slang term for the college's presidential namesakes, but TD's current mascot is the Lion. The college's official motto, appearing on the college crest, is a quotation from the Aeneid (I, 203), when Aeneas seeks to comfort his men as they embark upon an arduous journey to ...
After a yearslong fight between the government and student loan debt relief scammers, the Federal Trade Commission said it is processing over $4 million in refunds to student loan borrowers.