Part of Financial AidThe EFC PLUS Financial Aid Blog helps families navigate the college funding, financial aid and loan repayment process. This blog serves as a complement to our college video library, EFC Calculator and Average College Cost Calculator. It provides both objective and independent information so families can make a better college financial decision. We like to provide information beyond just the financial aid process and provide families with up to date current college funding information. The goal of this blog is to bring the personal financial expertise to the college decision. We want parents to understand that lowering the cost of education is a combination of the financial aid process, college saving plans, educational tax strategies and various financing options. The EFC PLUS Financial Aid Blog keeps student and families informed on current topics related to the entire college financial aid and funding process.

2017 Accenture Survey

Each year, College Affordability LLC reviews the findings of the Accenture survey which compares the recent college graduate expectations to the prior two year college graduates actual employment results. A key goal of College Affordability is to provide information to families and students so that they can better understand the financial outcome of a college…

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Data Retrieval Tool Restored for Student Loan Borrowers

On June 2, the Department of Education restored partial access to the Data Retrieval Tool or DRT for student loan borrowers.  The IRS had suspended the DRT in March, 2017 due to cyber security issues. This means that borrowers can now automatically transfer their tax return data into applications for any income-driven programs.  This also…

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Financial Aid Reductions due to Trump’s 2018 Budget Proposal

President Trump has released the 2018 budget proposal this week and based on the initial review it appears that higher education will face significant reductions, specifically to student aid programs.  These projected budget changes total over $143 billion in savings over the next 10 years.  For the Department of Education, it would represent a 13.5%…

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