EFC is the trade association of nonprofit organizations that make college more accessible and affordable for students and families in their communities.
🚨 Breaking News! 🚨
EFC's members helped 3 million families save, plan, and pay for college last year 🚀
Our 2024 National Impact Report is out now:
https://t.co/2z7DrdSsbD
H.R. 1 marked a turning point in federal student lending. As private education loan demand is expected to increase, EFC President Gail daMota joined NPR’s On Point to share why nonprofit and state-based options matter more than ever.
🎧 Listen here: https://t.co/DL5JIyRVbl
On 529 Day, EFC member @NJHESAA reminds qualifying residents of its generous matching grant of up to $750 when making an initial deposit into an NJBEST account. Learn more at their link below.
It's #529Day! There are so many reasons to open an @NJBEST529 plan to save for a student's future education, such as: a matching grant up to $750 for eligible residents, a scholarship opportunity, and State tax savings.
Learn more: https://t.co/sQHZVp4MZu
On 529 Day, join EFC member @MEFAtweets on Instagram, where they are answering your questions about utilizing a 529 account and saving for college. MEFA manages both a 529 college investing plan and a prepaid tuition plan.
Happy 529 Day! Join us on Instagram, where we are answering questions all day with @fidelity about 529 accounts and saving for college.
Follow along and ask your questions at https://t.co/HsVwebpPbI
EFC member @KHEAA manages the KY Saves 529 Plan, which allows students and families to save for college tax-free. On 529 Day, learn more about this plan on their website, linked below.
Thank you @fullmindlearn for this engaging conversation!
Higher education is expensive and complex, but you don't need to go at it alone. We couldn't be prouder of how our members help students from all backgrounds plan and pay for college.
Give it a listen!
🏈 The college football playoffs might be over, but it’s not too late to score BIG! 🏆 Enter EFC's College Bowl Sweepstakes by February 3 for a chance to win $529 to the 529 college savings plan of your choice. 🎉 Don’t miss out — head to https://t.co/uKudIild0D now!
As we kickoff the final rounds of the college football playoffs and celebrate the New Year, we are excited to announce our first-ever sweepstakes giveaway!
Learn more at https://t.co/uKudIild0D
While you're there, learn more about our state-based and nonprofit members dedicated to helping families plan and pay for college.
Their experts have the free tools and resources you need to take the next step in your higher education journey.
#529Plan#collegeplanning
As we kickoff the final rounds of the college football playoffs and celebrate the New Year, we are excited to announce our first-ever sweepstakes giveaway!
Learn more at https://t.co/uKudIild0D
🚨 Breaking News! 🚨
EFC's members helped 3 million families save, plan, and pay for college last year 🚀
Our 2024 National Impact Report is out now:
https://t.co/2z7DrdSsbD
Some highlights:
📈 $22.6B in managed college savings
🎓 $3B in grants & scholarships administered
💰 $11M in grants & scholarships awarded
📉 4.63% lowest average fixed-rate loan
💡 1.2+M families supported with free access/success programming
Our new research brief out today shows how 529 plans & qualified student loan bonds are powerful tools for college affordability:
https://t.co/6PyzVNBeHH
QSLBs helped one EFC member offer the typical student borrower a loan with an APR nearly 5 percentage points lower than what a major for-profit lender offers their average borrower.
This amounts to $9,500 in savings for borrowers over a 15-year repayment term 💰
What are you doing at 1:00 today?
Register now for this live event, where you will hear from our President about how our nonprofit and state-based members can help you plan and pay for college.
#FAFSA#StudentSuccess#HigherEd#StudentLoans
What resources are available for Gen Z when it comes to paying for their education? Join U.S. News for a webinar on June 17 at 1:00 p.m. ET to learn about all the different funding approaches for financing a degree. Register: https://t.co/7eldl0ufcG
5⃣ Over 60 Democratic Representatives sent a letter to Secretary Cardona commending him for working to resolve FAFSA issues and recommending several steps he can take to continue to help affected families.
Letter: https://t.co/4HLc24gEdW
ICYMI: Here are the top five #HigherEd news and policy developments that came across our desk last week:
1⃣ We endorsed the Tax-Free Pell Grant Act!
This bill will help students keep more grant aid and better afford their basic needs
Our endorsement: https://t.co/me1Ub3ypHy
4⃣ @NSClearinghouse published new data on the "some college, no credential" population.
As of July 2022, 36.8 million adults under the age of 65 had attended postsecondary education but did not complete their program.
Link: https://t.co/JEoEjXhRhg