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Nelnet Bank. At Nelnet Bank (Member FDIC), our commitment to our clients remains steadfast. We understand the unique challenges faced by educational institutions and their students, which is why we offer private student loans with competitive rates, flexible repayment terms, money-saving features, and more. Explore Nelnet Bank's Tools and Resources.

President Joe Biden on Friday signed another continuing resolution into law for fiscal year 2024 to avoid a partial government shutdown until at least March 22. However, this resolution also reversed the Department of Education's (ED) announcement last week that would update the Student Aid Index (SAI) formula. 

The ownership of a qualified education benefit (529 prepaid tuition plans or Coverdell Education Savings accounts) determines how the asset is reported on the FAFSA. The FAFSA Simplification Act made changes with regard to how ownership of a qualified education benefit is determined for FAFSA purposes or how the asset is reported on the FAFSA. View the full answer to this question to learn more.

NASFAA's Application Process, Federal Pell Grant, and Need Analysis Self-Study Guides have been updated for 2024-25. As part of NASFAA's FAFSA simplification efforts, these guides are being provided complimentary to all users. These resources are generously sponsored by a grant from Strada Education Foundation. All items are available from the Self-Study Guides page; you will need to login to the NASFAA site to access each guide; users can create a login as needed.

In an ever-changing landscape of higher education enrollment management and financial aid, leading through change has never been more critical. This webinar on March 6, at 2 p.m. ET, will provide attendees with the understanding and tools necessary to navigate the tumultuous seas of change within their institutions. Learn more and reserve your seat. 

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