The HEA is a federal law first enacted in 1965 that governs the administration of federal higher education programs. Its primary purpose is to strengthen the educational resources of colleges and universities and provide financial assistance to students pursuing postsecondary education. The Act oversees student aid programs, distributes federal funding to institutions, and regulates teacher...
Precision, Compliance, and a Better Student Experience As we move into the 2026-2027 academic award year, financial aid administrators face a familiar challenge: evolving federal regulations, the need for net price calculation accuracy, and the pressure to provide a seamless digital experience for prospective students. At Layer 7 Web, we believe your Net Price Calculator...
Financial aid advisor interview with Wayne Harewood.
Federal law limits Pell Grant eligibility to a lifetime maximum of 600%, or roughly 12 semesters (six years) of full-time study, known as the Lifetime Eligibility Used (LEU). Once a student’s LEU reaches or exceeds 600%, they are no longer eligible for further Pell Grant funds, which can be monitored via the National Student Loan...
On March 10, 2026, a court order ended the Saving on a Valuable Education (SAVE) Plan. The U.S. Department of Education will contact affected borrowers, who can explore and apply for other repayment plans.
The latest update is now available for download. The WP Net Price Calculator has been updated with comprehensive calculations for the Student Aid Index (SAI). This significant release includes a substantial reduction in the number of questions required from users, making the process more streamlined and efficient. Additionally, the calculator now incorporates Pell Grant awards...