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It was created in 1963 by an Act of the Pennsylvania General Assembly, and engages in loan guaranty, loan servicing, financial aid processing, outreach and other student aid programs. It was announced on July 8, 2021 that the agency and the United States Department of Education would not continue their relationship, effective on December 14, 2021.
Millions of people are set to lose Covid-19 pandemic-era benefits this fall – specifically, the student loans payment pause, child care provider stabilization funds, the suspension of work ...
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
However, different types of financial aid have differing effects. Grant awards tend to have a stronger effect on enrollment rates. [72] Changes in tuition and financial aid affect poorer students more than they affect students with higher incomes. [72] In terms of race, changes in financial aid affect black students more than it affects white ...
Pennsylvania began sending out payments to older renters, homeowners and people with disabilities in July 2022, but the deadline for filing a claim was Dec. 31, 2022.
The rollback in benefits means that some individuals will see their financial aid dramatically drop from as much as $234 each month down to $16, the minimum payment for a single-person household ...