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The Affordable Loans for Students Act

The Affordable Loans for Students Act

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Aug 19, 2025 | Federal Student Loans

The Affordable Loans for Students Act (the Act) was introduced in Congress on March 10 as an amendment to the Higher Education Act (HEA) of 1965 for the purpose of lowering Federal student loan interest rates to 2%. The rate reduction will apply to all borrowers,...
Use the College-Level Exam Program to Full Advantage

Use the College-Level Exam Program to Full Advantage

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jul 25, 2025 | Exams

The College-Level Exam Program (CLEP) may be the best deal in American post-secondary education. People who didn’t go to college directly after high school as well as other non-traditional students working full-time can earn credits at a college without taking courses...
Can a Student Renege on an Early Decision Agreement?

Can a Student Renege on an Early Decision Agreement?

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jul 15, 2025 | Admissions Tips

Students who have been accepted by a college through an Early Decision (ED) program should consider themselves fortunate, and most do. They’ve applied to a school at or near the top of their target list and have been admitted before most of their fellow students have...
The CSS Profile Can Lead to a Scholarship

The CSS Profile Can Lead to a Scholarship

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jul 8, 2025 | Financial Aid

The CSS Profile is an online college application administered by the College Board. Each year, use of the CSS Profile application allows students to access over $10 billion in non-Federal student aid. Annually, over 430,000 students receive an average of $45,000 in...
How H.R. 1 Will Impact Student Loan Programs

How H.R. 1 Will Impact Student Loan Programs

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jun 24, 2025 | Legislation

In the last post, we covered H.R. 1 of 2025 (the Big Beautiful Bill), which, in Title III, proposes major changes to Federal student aid programs. The changes in Title III take effect on July 1, 2026, and apply to award year 2026–27 and subsequent years. It’s now in...
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