Though finals are over for most college students and winter break has begun, many still have something looming over their heads: financial aid.
It’s a rolling process for students to complete the documents needed to be eligible for federal financial aid.
And this year, university officials say it’s gotten harder for a lot more students as the federal government works to ensure that aid goes to the students who need it most.
Just late last week, the U.S. Department of Education said it would forgive $150 million in federal student loans as part of an Obama-era rule to help students paying off loans to now-closed schools.
On Friday, the Department of Education began notifying 15,000 students that their loans would be automatically erased.
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