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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Most federal loans are eligible for consolidation, including subsidized and unsubsidized Stafford, PLUS, Perkins, and other types of loans.
