Financial Aid Law Updates
New Information Site for Federal Aid
The U.S. Department of Education has rolled out a new website for information on federal student aid. The StudentAid.gov site pulls together student-facing pieces of other federal sites hosted by the department. It also includes one phone number for all loan servicer contact centers: 1-800-4-FED-AID.
“Federal Student Aid’s customers visit our websites more than 120 million times each year,” Betsy DeVos, the education secretary, said in a written statement. “By centralizing the information they need on one website, providing one singular phone number to call and continually improving our mobile app, we can better serve students and cut down on the confusion of navigating the federal student aid process.”
Pell Grant Eligibility Update
Finishing your diploma or degree on time just became more important than ever. A new federal law shortens the length of time students will be eligible for Pell Grants from 18 semesters to 12, beginning with the 2012-13 school year. This is retroactive so they will count previous years you were awarded Pell Grant money. For more information, contact the Financial Aid Office at email@example.com or come see us in the K. Ray Bailey Student Services Building.