Washington Update

Department of Education Launches Financial Aid Information Website

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The U.S. Department of Education has launched a new site, FinancialAidToolkit.ed.gov that provides one-stop shopping for all financial aid questions. The “Financial Aid Toolkit” is a searchable, online database that consolidates financial aid resources and content in one spot on the web. It is designed to help school guidance counselors and other professionals more easily navigate the complicated area of financial aid and provide better support to students.

Secretary of Education Arne Duncan unveiled the new website on December 4 before more than 6,000 people at the 2013 Federal Student Aid Training Conference for Financial Aid Professionals. “This toolkit builds on the administration’s ongoing efforts to improve college access and affordability, and it is an important step toward meeting the President’s 2020 goal of having the most college graduates in the world,” said Duncan.

The database has four subsections that cover the basics of financial aid; these include a primer on financial aid, advice on conducting financial aid outreach, information on training to becoming a financial aid counselor and a database searchable by topic, audience type and type of media—from social media to infographics.

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