Dear Reader,

We understand that the current discussions surrounding federal student aid can be unsettling, and we truly appreciate the opportunity to provide some clarity.

At this time, there have been no changes to the federal student loan system, including both Direct Student Loans and Parent PLUS Loans. These federal loan programs are still available, and we are closely monitoring any potential updates at the federal level. Should there be any modifications or changes to federal loan options, rest assured that we will promptly inform students and families.

While it’s important to acknowledge that there have been no indications of this occurring, in the unlikely event that federal loans were to be discontinued in the future, students and families would likely need to explore private student loan options to help cover educational costs. However, as of now, there is no indication that federal loans will be affected for the upcoming academic year.
We encourage you to continue your planning as usual, and if you have any questions about financial aid, loan options, or alternative funding sources, please don’t hesitate to reach out. We are here to support you in making the best financial decisions for your family.
 
Mary Booker
Assistant Vice President
Student Financial Aid and Scholarships