Home » Financial Aid, News, Scholarships, Student Loans

NASFAA Offers Tool to Help Navigate Upcoming Fiscal Processes

7 February 2013 7 views No Comment

Congress provided temporary relief to “fiscal cliff” fears through passage of the American Taxpayer Relief Act in early January, which delays sequestration—the across-the-board cutting mechanism—until March, 1 2013.  That date, and the subsequent threat of sequestration, is fast approaching. Whereas seasoned observers originally speculated that Congress would find a way to stop sequestration, many now speculate that it will in fact occur. Sequestration is a 10-year process and would impose large cuts to most of the student aid programs beginning with the 2013-14 award year.


Financial Aid News is sponsored in part by:


Leave a Reply

You must be logged in to post a comment.