
Financial Aid in the News
Veterans Could Be Forced to Return Some Student Aid if Bill Remains Unpassed (The Chronicle of Higher Education)
"When Congress renewed the Higher Education Act last year, it changed the rules so military benefits would no longer count against veterans' eligibility for unsubsidized loans and campus-based aid. (Previously, the benefits were exempt from consideration only in determining eligibility for Pell Grants and subsidized loans,)" The Chronicle of Higher Education reports. "But lawmakers made the change effective for the 2010-11 academic year, a year after the expanded GI benefit becomes available. The U.S. House of Representatives fixed the glitch in a 'technical corrections' bill that it passed in March, but the Senate still hasn't voted on the measure. Education committee aides have said the chamber plans to take up the measure soon."
You can read the complete June 16, 2009 Chronicle of Higher Education article on-line.
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