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- Dec 18, 2014

Texas A&M University is ranked in CollegeAtlas.org’s Encyclopedia for Higher Ed “2014 Best Colleges and Universities A-Lists” as a top-five best-value institution for in-state tuition and seventh-best based on tuition costs for out-of-state students. Both rankings are the best in Texas.

To view the full article, visit tamutimes.edu.



- Dec 05, 2014

Scholarships & Financial Aid has worked with EIS and ITS to create the mechanism to facilitate documenting student last date of attendance at an academically-related activity. Federal student aid regulations require the University to calculate financial aid earned by students with non-passing grades (F-Failing, U- Unsatisfactory, or I-Incomplete). Based on information obtained from course instructors, adjustments to or cancellation of financial aid awards may be necessary. This requirement applies to undergraduate, graduate, and professional students alike.

After grade submission whether through Howdy or eCampus, a link will be available within the Howdy Roster view (grade submission page) to select one of three Last Date of Attendance (LDA) options for students assigned non-passing grades (F, I, U):

  • Attended entire semester
  • Never attended/no attendance documented
  • Last date of attendance known (fill in date)

See Last Date of Attendance Entry via Howdy for step-by-step instructions




- Nov 20, 2014

Following are some tips from college financial experts on steps to take before, during and after college to help ensure that your debt load remains manageable so it doesn't ruin your life." - CNBC

To view the full article, visit nasfaa.org.




- Oct 30, 2014

It's time for thoughts about college applications, which means students are filled with anxiety over whether they will get into their dream school, quickly followed by their (and their parents') panic over how they will pay for it. For those already in school, this is a time of sticker shock as tuition bills for the new semester start to arrive.

For all students, financial aid can be a real lifesaver. But common myths and misconceptions about financial aid abound, and believing any of them could cause you to miss out on valuable aid for which you might qualify.

To view the full article, visit chicagotribune.com.




- Oct 30, 2014

Young adults aren't saving as much as they think they should for retirement. But paying off debts is just as important.

To view the full article, visit time.com.



- Oct 23, 2014

The Department of Education announced publication of a final rule to strengthen the Federal Direct PLUS Loan Program today helping more students and families pay for college, and ensuring they have the tools and resources to make informed decisions about financing their educational pursuits. The new regulations will both expand student access to postsecondary education and safeguard taxpayer dollars by reflecting economic and programmatic changes that have occurred since the program was established more than 20 years ago.

To view the full article, visit ed.gov.



- Sep 09, 2014

Texas A&M University is required to verify that the financial aid recipients are eligible for the financial aid that has been awarded and disbursed to them by confirming beginning attendance in all courses.

To view the full policy visit, Student Aid Eligibility and Documenting Beginning Attendance.




- Jun 23, 2014

College affordability is currently a hot topic at national levels and work has been done that affects repayment options. Secretary of Education Arne Duncan spoke to a group of college students at a Town Hall on June 8. See the video below for excerpts from the conversation.

If you have questions about repayment and impact of these plans on you, you can call our office or your loan servicer.

Highlights from the College Affordability Town Hall - June 8th, 2014 Highlights from the College Affordability Town Hall - June 8th, 2014



- Jun 23, 2014

 A college education is still the best investment students can make in their future. It is also a critical investment that we can make as a nation. But right now, this important rung on the ladder to opportunity is slipping out of reach for many low- and middle-income families in America.

To view the full article, visit http://www.ed.gov/blog/2014/06/college-value-and-completion-righting-the-balance-on-the-side-of-students/.



- Jun 17, 2014

Interest subsidy during grace period
Subsidized loans first disbursed on or after July 1, 2014, will have the benefit of an interest subsidy during the grace period. The Consolidated Appropriations Act of 2012 suspended the interest subsidy on Direct subsidized loans during the grace period for loans first disbursed on or after July 1, 2012 and before July 1, 2014.

New Direct loan interest rates
Interest rates for Direct loans will increase slightly. For loans first disbursed on or after July 1, 2014, and before July 1, 2015:
 
Direct subsidized loans for undergraduate students 4.66%
Direct unsubsidized loans for undergraduate students 4.66%
Direct unsubsidized loans for graduate/professional students 6.21%
Direct PLUS loans for graduate/professional students and parents     7.21%

Income-Based Repayment (IBR) plan
New borrowers who receive a first disbursement of a Direct loan on or after July 1, 2014, who are eligible for the IBR plan will have a monthly payment that is no more than 10 percent of their discretionary incomes, with a maximum repayment period of 20 years. Borrowers with loans first disbursed prior to July 1, 2014, who are eligible for the IBR plan will have a monthly payment that is no more than 15 percent of their discretionary incomes, with a maximum repayment period of 25 years.

 


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