How Marriage Law Ruling Affects Financial Aid Options [EXCERPT]

Share on FacebookShare on Twitter+1Pin it on PinterestSubmit to redditShare on TumblrShare via email

Wedding bands

Due to the Supreme Court’s ruling, federal programs now recognize legally married same-sex couples.

A little more than a year ago, the U.S. Supreme Court found the Defense of Marriage Act (which defined marriage as a union between one man and one woman) to be unconstitutional. What does this have to do with paying for college?

A lot, actually.

***

Based on the Supreme Court’s ruling, eligibility requirements changed for borrowing federal student aid and some student loan repayment options.

Over on the U.S. News Student Loan Ranger blog, our own Betsy Mayotte detailed five things that all borrowers and their families should know about DOMA and these changes. Check out an excerpt from her post below, and click through to read the entire piece.

Last year, the U.S. Supreme Court ruled that part of the federal law against gay marriage, the Defense of Marriage Act, was unconstitutional. This section had prohibited all federal agencies, including the Department of Education, from recognizing same-sex marriages for the purpose of federal programs, including financial aid programs.

This ruling resulted in significant changes to eligibility for both federal student aid and certain student loan repayment options. Here are five things all families, regardless of current marriage status, need to know about changes to the financial aid process in the wake of the ruling.

View Complete Article

Want to learn more about borrowing student loans for college? Check out saltmoney.org

(Photo: TungstenRepublic)

You May Also Like:

Leave A Reply

Your email address will not be published. Required fields are marked *


− 1 = two


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>