Madeline St. Amour. December 2019. The bipartisan deal announced Tuesday to amend legislation tied to funding historically black colleges and universities and other minority-serving institutions is moving quickly. It’s already been passed in the U.S. Senate.
In addition to making permanent $255 million in annual funding to those institutions, the so-called FUTURE Act would also simplify the Free Application for Federal Student Aid and eliminate paperwork for the 7.7 million federal student loan borrowers currently on income-driven repayment plans by automating income recertification. Read More…