USA Funds Update

USA Funds Awards Grant for Mississippi College-Planning Web Site
USA Funds^® is awarding an $80,000 grant to develop a Web site that will help Mississippi middle- and high-school students and their parents prepare for, apply to and pay for postsecondary-education programs. Read the announcement.

USA Funds Lists Top-100 Lenders
USA Funds lists the top-100 lenders of USA Funds-guaranteed loans for the year through July. Read the list.

Access to Education

Future of Higher Education Report Recommends Restructuring Student Financial Aid
Members of a commission established by the U.S. Secretary Education to study the future of American higher education have approved their final report, which includes a call for restructuring “the entire student financial aid system.” Learn more.

Operations Bulletin

Education Department Issues Interim Final Regulations on Student-Aid Changes
The U.S. Department of Education has published interim final regulations reflecting legislative changes in the terms of key federal student-aid programs. Read more.

Policy Frequently Asked Question: Change in Aid Eligibility Prior to Loan Delivery
USA Funds’ policy advisers provide guidance about delivery of loan funds for students whose aid eligibility changes between the time of loan certification and the delivery of loan proceeds. Read more.