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The Department of Education Changed the rules for student loan forgiveness

 The Department of Education has "silently" changed the rules to student loan forgiveness that will affect at least 800,000 borrowers. On September 29, 2022 the Department of Education made a few changes for those who obtained the Perkin's and Federal Family Education loan.  Here is the language directly from the Dept of Education "As of September 29, 2022 borrowers with federal student loans not held by ED cannot obtain one time debt relief by consolidating those loans into direct loans". Previously individuals who did obtain theses loans were able to receive loan forgiveness. Figure 1: This is a thumbnail of my latest YouTube video "Student loan forgiveness guidelines have changed" where I am sitting in my office while looking at the camera with a suspicious look.  Many speculate that potential lawsuits could be the reason why the Dept of Ed has changed it's language recently. Long story short the banks who insured these loans will not receive an

Summer CARES Act Funding is Here! See How Much I Got!

 

Summer CARES Act funding is here and I actually got an amount! In case you forgot the CARES Act is federal funding for students enrolled in higher education who have been affected by COVID. This money can go towards books, tuition, or any other school related materials. How do you apply you ask? On my universities home page there is a link to apply in big red letters located at the top of the page. If your university does not have this, I would recommend contacting your financial aid office to ask.  

 

 


Figure 1: This is a thumbnail from my YouTube video on Summer CARES Act Funding where I am looking at an emoji of money with a surprised look.



Now there are some requirements. You must be enrolled in summer courses, have been affected by COVID, and you must apply. It does not matter which summer semester you are enrolled in or how many hours you are taking. The process to apply was very easy, after completing a short questionnaire form I received an email saying that I was approved right away. By now your probably wondering how much did I get?! I received $133. If you remember previously in my first YouTube video where I discussed the CARES Act students enrolled in online programs prior to COVID like myself could not receive these funds but now you can! I plan to use this money to cover my books and a portion of my fees this semester. I have not received the funds yet but they will most likely be in my account by the time courses start. You will receive the funding however you typically receive your school refund.



Figure 2: This is a photo of a one hundred dollar bill.

 


Be sure to drop down in the comments and let me know if you’ve received any CARES Act Funding. How much did you get and how was the process to apply? Also, thank you to everyone who has purchased my eBook! If you haven’t gotten a copy be sure to click the link below to order and don’t forget to use the coupon code Ms. Duggan for $5 off!


 


Figure 3: This is the cover of my eBook. I am standing in the kitchen smiling with my arms folded while wearing a white top and pink skirt.

 Summer CARES Act Funding is Here!

Link for eBook: Coupon Code: Ms. Duggan

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