Legislative Updates and Advocacy
Financial Aid Advocacy
Financial aid advocacy is an ongoing effort, as federal and state budgets are decided annually with implementation set for the start of each fiscal year, July 1. We are committed to advocating for financial aid protections on behalf of our students.
The Financial Aid Administration office actively informs students and the larger campus community through electronic correspondences, in person presentations, and attendance at related public events to spread awareness about legislative movements that may limit, change, or alter financial aid accessibility and regulations on federal and state levels. Further, we circulate noteworthy updates and advocacy information, and create Change.org petitions on an as-needed basis.
Interested student groups, faculty, campus leaders, and departments are always welcome to contact our office to discuss ways to join student aid advocacy movements.
Financial Aid Types:
What You Can Do Now:
Legislative and aid advocacy updates from local, state, and national media sources.
- 2/15/12: Lobbying it up (Riverdale Press): Local newspaper mention on Manhattan College's presence at Advocacy Day 2012 in Albany, NY. The annual event allows students to meet with New York legislators in support of continued state aid funding.
- 6/6/12: Helping Americans Manage Student Loan Debt with Improvements to Repayment Options
- 7/1/12: Congress Okays Lower Interest Rate for Subsidized Loans
- Official White House Response to: Forgive Student Loan Debt to Stimulate the Economy and Usher in a New Era of Innovation, Entrepreneurship and Prosperity
- 12/7/12: 'Pay as You Earn' Repayment Plan to Start Dec. 21 (Source: Inside Higher Ed)
- 1/16/13: Direct loans serviced by ACS will be transferred to another Direct Loan servicer. Read the Q&A.
- 2/12/13: Advocacy Day, sponsored by the NY Student Aid Alliance and cIcu. This event promotes dialogue between New York college students and state legislators to advocate for continued state aid funding in 2013-2014.
- 3/6/13: NASFAA article - Sequester Cuts Hit Needy College Students' Financial Aid
- 8/9/13: The Bipartisan Student Loan Certainty Act of 2013 ties federal (Stafford and PLUS) student loan interest rates to financial markets. Read more and view the interest rates.
- 10/1/13: TEACH Grant awards newly certified as of 10/1/13 are reduced by 7.2% due to sequestration. Update as of12/24/13: New TEACH Grants certified on or after October 1, 2013 are to be reduced by an overall 0.89% from the original award amounts ($500-$2,000 per semester).
Advocacy Organizations and Related Resources