New Federal Student Loan Rules Take Effect, Impacting Charleston Borrowers and Graduate Programs
New federal student loan and repayment changes took effect on July 1, 2026, introducing revised guidelines that affect current and prospective borrowers, as well as the financial aid offices that administer these programs. The adjustments are part of broader federal efforts to update student financing structures, and their specific impacts will vary depending on individual […]
Charleston Colleges Navigate New Federal Student Loan Regulations
New federal student loan regulations, which officially began on July 1, 2026, are presenting a complex landscape for financial aid administrators and students nationwide. The changes, which include revised borrowing limits for graduate and professional programs, alterations to repayment options, and adjustments to overall loan caps, require institutions to rapidly adapt their guidance and systems. […]
Student-Loan Refund Dispute Highlights Tuition Transparency Issues
A dispute involving the Nigerian Education Loan Fund (NELFUND) and educational institutions accused of withholding student loan refunds has brought the issue of tuition transparency to the forefront. The situation highlights a complex financial intersection where student loan disbursements and previous payments by students can create confusion and potential disputes over owed funds. Coverage from […]
Student Loan Borrowers Urged to Prepare for Repayment Changes
As federal student loan repayment options are set to change, borrowers in the Charleston area are advised to take proactive steps to understand their financial obligations. Experts recommend a thorough review of communications from loan servicers, an assessment of eligibility for various repayment plans, and a close examination of any financial aid updates from educational […]
Court Ruling Delays New Graduate Student Loan Caps, Creates July 1 Planning Uncertainty
A recent court injunction has temporarily suspended new caps on graduate and professional student borrowing, which were slated to take effect on July 1. This ruling has introduced a layer of uncertainty for financial aid offices and students as they navigate the complex landscape of higher education financing. The injunction means that the previously announced […]
Charleston Universities Urge Students to Prepare for Federal Loan Changes Ahead of Fall Billing
As the fall semester approaches, universities across Charleston are issuing advisories to students regarding upcoming changes to federal student loan programs. Financial aid offices and independent borrower coverage are emphasizing the need for students to proactively review their loan statuses, program eligibility, and crucial deadlines to avoid complications with fall billing. The core directive for […]
Navigating College Loan Offers: A Parent’s Guide to Understanding Financial Aid Packages
The transition to college involves more than just academic preparation; for many families, it means navigating a labyrinth of financial aid offers. As students across the Charleston area, and indeed the nation, finalize their college plans for the upcoming academic year, parents are tasked with deciphering award letters that can significantly impact their financial future. […]