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How will the Department spend the $50 million it has been allocated to help schools transition into the Direct Loan program?

April 26, 2017allocated Department help loan program schools spend

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How will the Department spend the $50 million it has been allocated to help schools transition into the Direct Loan program?

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NASFAA has reached out to the Department to discuss how it can best use the $50 million it has been allocated by Congress to help schools transition into the Direct Loan program. Officials from the Department are currently weighing all of their options, including on-site help from ED personnel, according to Department of Education officials. NASFAA is currently working through these suggestions and issues with education officials. Suggestions on how to use the funds most appropriately may be sent to policy@nasfaa.org.