Beginning on October 1, 2020 origination fees on Direct Loans including Direct PLUS Loans, are changing. Iraq-Afghanistan Service Grants (IASG) and TEACH Grant awards are also changing. These changes will apply to all loans, IASG and TEACH Grants where a first disbursement is made on…
Interest rates are going down for new Federal Direct Student Loans beginning on July 1, 2020. Interest rates for Direct Loans are based on a formula whereby the rates are indexed to the 10-Year Treasury Note plus an “add-on” percentage. This year’s auction of the…
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