financial aid

Wyoming’s U.S. Senator Mike Enzi has introduced legislation to address his concerns about the information college students receive when deciding to borrow federal loans. 

The Transparency in Student Lending Act would require disclosure of the annual percentage rate -- or APR -- for federal student loans. The APR is something that lenders of private student loans already provide.  The APR helps borrowers grasp the total cost of obtaining a loan by simplifying it down to one number that includes the interest rate as well as additional fees and costs.

The University of Wyoming has solidified plans to provide financial aid to student veterans affected by the government shutdown.

Spokesman Chad Baldwin says UW has decided to assess each vet’s case individually, and will pay for tuition, university fees and on-campus housing expenses during the shutdown and hope for federal reimbursement later.

Baldwin says that the university is committed to providing this support because of a sense of responsibility towards student veterans.