More on Federal Financial Aid

• May 15, 2013

  ACE, Higher Education Groups Offer Guiding Principles on Student Loan Reform

  ACE and 14 higher education associations release a statement of principles for lawmakers to consider as they craft legislation to address the looming interest rate increase for subsidized student loans.

• May 10, 2013

  FRIDAY BUZZ: Student Loan Interest Rate Proposals Emerge From Congress

  A range of legislative choices to revamp the federal student loan system emerged in Congress this week, as the interest rate on subsidized student loans is poised to double from 3.4 percent to 6.8 percent July 1.

• April 17, 2013

  ACE’s Hartle Testifies to House Panel Preparing for Higher Education Act Reauthorization

  ACE Senior Vice President Terry Hartle spoke before the House Subcommittee on Higher Education and Workforce Training April 16 at the hearing “Keeping College Within Reach: The Role of Federal Student Aid Programs.”

• February 07, 2013

  CBO Report: Pell Grants on Solid Footing

  The Congressional Budget Office (CBO) yesterday released detailed estimates on funding for the federal Pell Grant and student loan programs. The estimates represented very good news about the overall health of Pell Grant funding and showed some positive trends in student borrowing.

• July 02, 2012

  Subsidized Student Loan Interest Rate Hike Staved Off for at Least One More Year

  Congress passed legislation Friday to keep the interest rate on subsidized Stafford student loans from doubling to 6.8 percent, but only after weeks of negotiations and just two days before the increase was due to take effect.