The 2005-2006 school year has begun – or at least the bills have begun to arrive – with no significant changes in federal financial aid. The 2004 Presidential Election cycle pushed back the Congressional re-authorization of the Higher Education Act, which means that students who were hoping for an increase in federal financial aid will have to wait until the next academic year for any changes by Congress. As a result, students, parents, and families who need financial aid to cover education expenses are increasingly turning to alternative student loans to bridge the gap between unchanging federal financial aid and increasing tuition bills. (PRWeb Jul 18, 2005)

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