Day 4 – Understanding the Basics of Federal Student Loans

PRESENTED BY THE U.S. DEPARTMENT OF EDUCATION, OFFICE OF FEDERAL STUDENT AID



Calling all borrowers, students, and parents to join us in learning how the Office of Federal Student Aid (FSA), a division of the U.S. Department of Education, can help you and how it has adjusted to consider the impacts of Covid-19 on borrowers. Get a basic overview of federal student loan programs and learn tips to utilize federal student programs to help pay for education beyond high school. The presentation will cover how to create an FSA ID, plus new and redeveloped tools used by FSA. It will also review information on loan servicers, private student loans, debt relief scam prevention, credit monitoring, and default prevention.

Presented by:

  • Fred Stennis, Supervisor and Senior Advisor, Customer Outreach Division, Federal Student Aid, U.S. Department of Education

About the UChicago Financial Education Initiative

ABOUT THE U.S. DEPARTMENT OF EDUCATION'S OFFICE OF FEDERAL STUDENT AID

The core mission of the Office of Federal Student Aid (FSA) is to ensure that all eligible Americans benefit from federal financial assistance-grants, loans, and work-study programs-for education beyond high school. As part of the U.S. Department of Education, FSA provides more than $120 billion in financial aid to help pay for college or career school each year. More information can be found at https://studentaid.gov/.