The U.S. Department of Education announced Wednesday the launch of a new website that will support college advisers and guidance counselors in selecting the best course of access and affordability for prospective students. The Financial Aid Toolkit combines the vast scope of financial aid resources and other related materials into a large, searchable database.
Education Secretary Arne Duncan was in Las Vegas yesterday at the 2013 Federal Student Aid Training Conference for Financial Aid Professionals, taking a moment to address the 6,000 attendees and introducing the Toolkit. Mr. Duncan also laid out plans by the Obama administration to create a college ratings system that would improve funds for institutions based on performance and the like.
However, it was the Toolkit’s roll out that would prove to be the most-significant portion of Duncan’s morning announcement, and it was further explained in the following press release:
By equipping counselors and mentors with financial aid information, we can help to ensure current and potential students are getting the assistance they need to successfully navigate the process of planning and paying for a post-secondary education,” said U.S. Secretary of Education Arne Duncan.