NASFAA Mention: Federal Student Aid System Undergoes Overhaul

Several policy changes were included in the recently approved 2021 Omnibus spending bill that will ease the federal student aid application process and expand Pell Grant eligibility, industry observers here say," the Spokane Journal of Business reports. 

..."According to the National Center for Education Statistics, 60% of undergraduate students at Eastern Washington University received financial aid in the 2018-2019 school year, the most recent year for which data is available. At Whitworth University, 94% of undergraduates received grant and scholarship aid. Of those, 30% received Pell Grants, and 56% took out federal student loans. 

Pell Grants are federal subsidies that are based on the number of parents in the household and family income as a percentage of the federal poverty level, according to the National Association of Student Financial Aid Administrators."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.


Publication Date: 1/28/2021

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