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Category Archives: Finance

Virginia State University Forgives Unpaid Student Balances

By Dakota Smith On July 16th, Virginia State University announced they would use the CARES act funding (also known as HEER funds) to pay off outstanding student account balances incurred during the COVID-19 pandemic.  The Vice President of Academic and Student Affairs Donald Palm, Ph.D.,

Education Department Announces Relief for Student Loan Borrowers with Total and Permanent Disabilities During the COVID-19 Emergency

The Department of Education (Department) today announced relief for certain borrowers who have received student loan discharges due to total and permanent disability. These changes will ensure no borrowers are at risk of having their loans reinstated, meaning they would have to repay their debt—for failure to provide earnings information during the COVID-19 emergency. This action will help more than 230,000 borrowers. More