When Congress failed to fund the government at the beginning of October, students seeking federal financial aid were plunged into a bureaucratic nightmare. As political leaders bicker over a spending ...

The Education Department says its latest move to distribute its duties to other federal agencies will include Treasury taking on much more student financial aid oversight in the future.

The shutdown is on track to become the longest-lasting government closure in history. The Capitol is seen late Tuesday night, Sept. 26, 2023, in Washington. (AP Photo/J. Scott Applewhite) As the ...

Payments still due and loan servicers remain open, collection activity will still happen. IDR applications will still be processed. Pell Grants and Direct Loans will continue to be disbursed, but ...

Over strong objections from Democrats, House Republicans on the Education and the Workforce Committee advanced legislation Tuesday that would make dramatic changes to the federal student aid system.