Changes to Federal Student Aid Programs
A recent Dear Colleague Letter from Federal Student Aid to financial aid administrators describes changes to Pell amounts, ability to benefit, auto-zero EFC, and the grace period interest subsidy for Direct Subsidized Loans. Read the letter to learn about federal student aid program changes.
We offer a simplified summary of the federal student aid program changes on our student website. We recommend you send your students to that link rather than to the Dear Colleague Letter, which is more technical in nature.