Federal graduate loan subsidy eliminated in debt ceiling deal

Though undergraduate students who benefit from a federal grant program came out on top when President Barack Obama signed a last-minute deal to raise the national debt ceiling Tuesday afternoon, graduate and professional students throughout the country will start owing more on their loans. The debt ceiling deal preserves the Read More…

Debt-ceiling negotiations could impact Pell Grant aid

As a result of the ongoing debt-ceiling negotiations in Washington, D.C., federally funded Pell Grant aid packages — which many University of California students rely on — may undergo serious cuts or gain new avenues of funding in the latest proposals to reduce the federal deficit. Pell Grants — a Read More…