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Duncan Appoints William J. Taggart to Lead Federal Student Aid Office

U.S. Secretary of Education Arne Duncan today announced the appointment of William J. Taggart as chief operating officer (COO) of the department's Federal Student Aid office (FSA)."Taggart is an...

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Obama Administration Announces Streamlined College Aid Application

The Obama Administration today announced a shorter, simpler, and more user friendly Free Application for Federal Student Aid (FAFSA) that will make it easier to apply for college financial aid.

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U.S. Education Secretary Duncan Announces Relief for Federal Student Loan...

Starting July 1, a new repayment option is available that makes monthly payments more affordable for Americans with heavy federal student loan burdens. The new Income-Based Repayment (IBR) plan...

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U.S. Department of Education Releases Videos Highlighting Important Role of...

To highlight the vital role that community colleges play in preparing adults for success in the workplace, the U.S. Department of Education is posting video profiles on its Web site of three...

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Student Loan Default Rates Increase

U.S. Secretary of Education Arne Duncan today announced that the FY 2008 national cohort default rate is 7.0 percent, up from the FY 2007 rate of 6.7 percent. The default rates increased from 5.9 to 6...

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Department Offers Guidance to Schools on Tuition-Free Trial Periods to Help...

The Department of Education continued its commitment to postsecondary schools and students today with an announcement that it is providing institutions with guidance on tuition-free trial periods,...

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Education Department Launches New Website and Social Media Tools to Help...

Today, the U.S. Department of Education announced a new streamlined website and several social media tools that will make it easier for students and families to navigate the financial aid process and...

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First Official Three-Year Student Loan Default Rates Published

The U.S. Department of Education today released official FY 2010 two-year and official FY 2009 three-year federal student loan cohort default rates. This is the first time the Department has issued an...

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Education Department Announces Changes to FAFSA Form to More Accurately and...

Today the U.S. Department of Education announced that beginning with the 2014-2015 federal student aid form, the Department will—for the first time—collect income and other information from a dependent...

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Education Department Announces that All Legal Same-Sex Marriages Will Be...

As part of the U.S. Department of Education's ongoing efforts to implement inclusive policies that reflect the diversity of American families, and consistent with the U.S. Supreme Court's ruling on...

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Education Department Releases Updated Financial Aid Shopping Sheet to Provide...

Today, the U.S. Department of Education released an updated version of the administration's financial aid model award letter, known as the Shopping Sheet, and announced that nearly 2,000 institutions...

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