Background on the bipartisan deal that's supposed to drastically reduce questions on the FAFSA (from 108 to 36) -- it was included in the year-end govt spending & covid relief deal that Trump signed in Dec.:
@usedgov@FSACOO The announcement was made by the New Hampshire Higher Education Assistance Foundation (NHHEAF) Network, which is a trade name of the New Hampshire Higher Education Loan Corporation, which operates its loan servicing biz under the name Granite State Management & Resources. Got it?
New – Key Congressional leaders have agreed to reinstate Pell grants for incarcerated students as part of a deal on a package of higher ed policies expected to be included in year-end omnibus spending bill, per aides:
Deal would lift longtime ban on Pell for incarcerated students that Congress imposed in '94 crime law signed by Bill Clinton & championed by then-Sen. Biden.
House approved bill w/ provision eliminating ban on Pell for prisoners over the summer.
Broad coalition has backed the effort -- incl. NAACP, ACLU, FreedomWorks, business groups, faith-based orgs, prosecutors, corrections officials.
.@BetsyDeVosED expanded & championed the Obama-era Second Chance Pell pilot program--and has called for Congress to make it permanent
House Democrats are significantly scaling back the student loan forgiveness provisions in their $3T coronavirus relief package, citing concerns about the cost:
Initial plan would have provided up to $10K in loan forgiveness to all borrowers:
Revised plan would limit the $10K in loan forgiveness only to those borrowers who were “economically distressed” on the day *before* Trump declared a coronavirus national emergency (March 12).
Borrowers would be considered "economically distressed" if their monthly payment under an income-based repayment plan was zero. Borrowers who are delinquent or in default -- or in financial hardship deferment or forbearance -- also qualify.