Yuba Community College District suspends federal student loan program

Kylie Lacey's picture
Tuesday, July 16, 2013

Hundreds of students in the Yuba Community College District will lose access to federal student loans this year as officials try to preserve Pell Grants and other forms of financial aid for thousands of others.

The federal loan default rate of Yuba students has risen so high that officials sought to protect the district from any sanctions that would cut off all federal aid for students.

By suspending participation in the federal student loan program, Yuba leaders said they made sure that students could still receive Pell Grants and federally subsidized campus jobs, which are far more used in the Yuba district. They also said they preserved access to Cal Grants and state fee waivers.

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