Kennedy Introduces Legislation That Would Alter Federal Financial Aid
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On April 3 Senator Edward M. Kennedy (D-MA) introduced legislation that would make sweeping changes to federal financial aid. The bill, given the short name ''Strengthening Student Aid for All Act,'' is intended to ensure students have sufficient access to financial aid, in the forms of both grants and loans.
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You may choose to change your repayment plan after your loan has been consolidated. There is also no prepayment penalty, so you may pay more than your scheduled payment at any time.
