"It’s important for students to have clear, timely and actionable information about how much it costs to attend college and what options they have to cover those expenses, including loans, according to student advocates," U.S. News & World Report writes.

... "There is a drawback attached to Grad PLUS loans, according to Megan Walter, a policy analyst at the National Association of Student Financial Aid Administrators. It is the loan origination fee, which is a percentage of your total loan amount charged to process your loan."

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: 8/17/2022