The Mount Holyoke College Board of Trustee’s decision to significantly raise its cost of attendance for the 2023-2024 school year has inspired renewed conversations about how financial aid is calculated at the institution. Mount Holyoke News reached out to current students, staff members, parents and former students who transferred to other institutions, citing financial struggles as a significant factor in their decision to continue their studies elsewhere, to learn more about financial aid processes at Mount Holyoke College. Mount Holyoke News also spoke with several individuals who have interacted with Student Financial Services to understand better how the office responds to federal financial aid policies, which factors determine how much aid a student receives, and how the appeals process operates.
Biden administration extends Public Loan Service Forgiveness program
College graduates previously employed in public service are getting a break this month. The Biden administration and Federal Student Aid office announced that the ongoing Public Service Loan Forgiveness program will extend its services to previously-ineligible borrowers. The deadline for this small expansion is Oct. 31.