Woods Collegiate Advising

06/18/2023

The Lay Out…….. celebration continues

06/14/2021

Just Wow this is big news….

The Department of Education (ED) in a Federal Register notice and Electronic Announcement said it will early implement the repeal of the limitation on lifetime subsidized loan eligibility, known as Subsidized Usage Limit Applies (SULA), which currently bars students from receiving subsidized Direct Loans for more than 150% of the published length of their program. Congress, through the Consolidated Appropriations Act, 2021, required ED to implement the repeal by July 1, 2023. More: https://bit.ly/3wpwaJ8

12/04/2020

This is great news!

WASHINGTON – U.S. Secretary of Education Betsy DeVos announced today the extension of the federal student loan administrative forbearance period, the pause in interest accrual, and the suspension of collections activity through January 31, 2021. Federal student loan borrowers will not be expected ...

06/17/2020

Terrible decision by Trump’s DOE

06/12/2020

The Department of Education (ED) on Thursday issued a preview of its interim final rule regarding the distribution of coronavirus emergency relief grants to students, doubling down on its position that only Title IV-eligible students can receive the funding.

05/22/2020

After facing heavy criticism over guidance that would limit federal emergency student grants to those eligible to receive Title IV aid, including critique from NASFAA, the Department of Education (ED) late on Thursday pulled an about-face in an updated statement saying it would not enforce that guid...

05/10/2020

The Department of Education’s (ED) internal watchdog publicly released a plan Tuesday detailing how it will provide oversight as ED allocates more than $30 billion it was tasked with disbursing under the federal COVID-19 relief package.

03/28/2020

JUST IN: In response to "the unprecedented disruptions caused by the coronavirus (COVID-19)," the U.S. Department of Education will be delaying the requirement that borrowers complete the Annual Student Loan Acknowledgement prior to disbursement for 2020–21. Instead, the borrower completion requirement will begin with the 2021–22 award year. Preliminary implementation will still take place next month, in April. More: https://bit.ly/2JkdBiH

03/27/2020

This is an exciting time for ppl who need relief for loan repayment. We talk in-depth about repayment plans for students and families. Schedule an appt. to know more!!!

Student-loan borrowers struggling to make payments as the coronavirus cripples parts of the U.S. economy will get a temporary break under the $2.2 trillion...

12/05/2019

12/04/2019

Summary of H.R.2486 - 116th Congress (2019-2020): FUTURE Act

11/22/2019

Students and Parents: please understand this will affect your yearly renewal for aid! Please schedule a session with me to learn what to do.

The Information for Financial Aid Professionals (IFAP) web site connects you to guidance, resources and systems needed to conduct the business of Federal Student Aid.