There is no absolute income cutoff for filing the FAFSA and many, even high earners, may receive financial aid or access to federal student loan benefits. Many assume that if a family earns “too much, ...

The Education Department has failed to update guidelines used to calculate eligibility for financial aid, an error that could result in students’ receiving less ...

Later in January, the Department of Education made a last-minute fix to tie the new financial aid calculation to the latest inflation data. The adjustment made $1.8 billion more in financial aid ...

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The Education Department will update guidelines used to determine how much financial aid a student qualifies for, correcting an error that would have resulted in some ...

Students who needed aid the most were among the hardest hit after the Education Department bungled the rollout of the new federal financial aid form, known as the Free Application for Federal Student ...

There’s one form prospective and current college students must submit in order to receive federal financial aid, and it looks a lot different than in prior years. The Free Application for Federal ...