Financial Aid: Help Is on the Way

Students taking out federal student loans will be confronted with a bevy of changes when they visit their school's financial aid office this fall. This spring, the U.S. Senate passed a student loan bill—the Student Aid & Fiscal Responsibility Act—that led to a major revamping of the federal student loan program, shifting everything from how students obtain their loans to the amount of aid doled out through such programs as the Pell Grant.

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