Service-contingent student loan forgiveness and loan repayment programs enable borrowers to have all or part of their student loan debt forgiven or repaid in exchange for work or service in specific fields or professions. In both loan forgiveness and loan repayment programs, borrowers typically qualify for benefits by working or serving in certain…

This statutory report presents the activities and accomplishments of the U.S. Department of Education's Office of Inspector General (OIG) from April 1, 2024, through September 30, 2024. The audits, investigations, and related work highlighted in the report are products of OIG's mission to identify and stop fraud, waste, and abuse; and promote…

The William D. Ford Federal Direct Loan (Direct Loan) program is the single largest source of federal financial assistance to support students' postsecondary educational pursuits. The U.S. Department of Education estimates that in FY2025, $93.1 billion in new loans will be made through the program. As of the end of the third quarter of FY2024,…

In early 2020, in response to the emerging COVID-19 pandemic, the Trump Administration declared a public health emergency under the Public Health Service Act, a national emergency under the National Emergencies Act, and a nationwide emergency under the Robert T. Stafford Disaster Relief and Emergency Assistance Act. Congress and the U.S.…

We cannot continue to ask students -- and their families -- to make one of the largest and most important investments of their lives without clearer information about what their time and money will yield. In partnership with RTI International (RTI), operating in an independent capacity, IHEP is gathering expert insights needed to support making…

This statutory report presents the activities and accomplishments of the U.S. Department of Education's Office of Inspector General (OIG) from October 1, 2023, through March, 2024. The audits, investigations, and related work highlighted in the report are products of OIG's mission to identify and stop fraud, waste, and abuse; and promote…

We cannot continue to ask students -- and their families -- to make one of the largest and most important investments of their lives without clearer information about what their time and money will yield. Fortunately, support is broad across the country and across the political spectrum for a federal student-level data network (SLDN), which would…

On the campaign trail, President Joe Biden's higher education agenda featured prominent promises to forgive student loan debt and make community college debt free. But as Congress continues to debate these high-profile proposals, Biden's Department of Education has signaled its intent to use a little known yet powerful regulatory process to take…

From March 2020 through March 2021, three laws providing federal funding for elementary, secondary, and postsecondary education were enacted in response to the national emergency related to the COVID-19 pandemic declared by President Trump on March 13, 2020. The second of these laws provided a higher amount of funding than the first, and the third…

Rising college prices and student debt, the growth and collapse of online for-profit colleges, and expansions of federal grant, loan, and loan forgiveness policies have increased calls for more accountability in our higher education system. And there is significant consensus among lawmakers that the existing set of quality assurance policies for…

For 25 years, the National Association of Student Financial Aid Administrators (NASFAA) has surveyed financial aid professionals to understand the environment in which they administer student aid. These surveys identify resource shortages that may hinder the delivery of financial aid services, explore the causes of these shortages, and assess the…

The National Association of Student Financial Aid Administrators' (NASFAA) National Student Aid Profile is an annual publication designed to give a high-level overview of the federal student financial aid programs that provide funding to millions of students each year. This report presents an overview of: (1) The Federal Pell Grant Program; (2)…

In May 2025, the National Association of Student Financial Aid Administrators (NASFAA) conducted a national survey of financial aid professionals to understand how the March 2025 reduction in force (RIF) at the U.S. Department of Education (ED) and Office of Federal Student Aid (FSA)--along with related federal directives to dismantle ED--are…

On February 2, 2023, the National Association of Student Financial Aid Administrators (NASFAA) distributed a survey to 3,367 primary contacts at NASFAA member institutions. This survey asked participants to rate their institution's level of preparedness for individual provisions of the Free Application for Federal Student Aid (FAFSA)…

As a follow-up to the National Association of Student Financial Aid Administrators (NASFAA) February 2023 Free Application for Federal Student Aid (FAFSA) Simplification Pre-Implementation Survey, NASFAA administered a post-implementation Survey in October 2024 to at least one contact at NASFAA membership institutions with 2,906 potential…