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From 1998 to 2003, it developed a higher-education plan for the state, called "Closing the Gaps by 2015". The plan's primary purpose was closing education gaps within Texas, as well as between Texas and other U.S. states. The four main goals of the plan were closing gaps in student participation, student success, excellence and research.
This includes taking out student loans, applying for grants or potentially winning a scholarship. Below is a primer to help you decide which kind of financial aid is best for your situation.
President Biden’s latest round of student loan forgiveness wiped out millions for more than 14,000 Texans. Texas student loan borrowers get loans forgiven through Biden's SAVE Plan. What to know
Federal Perkins Loan (Perkins Loan) Program: This is a school-based loan program for eligible students with exceptional financial need. Students may qualify for a Perkins Loan of up to $8,000 each year depending on financial need, the amount of other aid received, and the availability of funds at the school.
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The Higher Education Act has been proposed as a potential way to cancel student loan debt. According to a paper by the Legal Services Center at Harvard Law School and commissioned by Senator Elizabeth Warren in September 2020, the Secretary of Education may be able to cancel student loan debt. [54] Following Biden v.
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