Federal Student Aid has announced the publication of Volume 3 of the 2024-2025 Federal Student Aid Handbook which discusses the academic calendar, payment period, and disbursement requirements for awarding aid under the Title IV student financial aid programs, determining a student’s cost of attendance, and packaging Title IV aid.
Additionally, the following edits have been made to the Application and Verification Guide:
- Chapter 2, Student 2022 Tax Return Information (20) – In Chapter 2, under the “Contributor: Student, Student 2022 Tax Return Information (20), FA-DDX Transferred Data” section, we updated the IRS form line numbers for income tax paid and education credits to align with the data received from the IRS through the FA-DDX.
- Chapter 4, Reviewing and Using Documentation – In Chapter 4, under the “Reviewing and Using Documentation, Using the Tax Return” we similarly updated the IRS form line numbers in the table for U.S. income tax paid and education credits.
- Chapter 4, Special Cases – In Chapter 4, under the “Special Cases, Filers of Amended Returns” we updated the guidance to reflect the announcement that the IRS will only be providing original tax data when there is an amended tax return on file.
The Federal Student Aid Handbook is posted digitally on Federal Student Aid’s Knowledge Center and consists of the Application and Verification Guide; nine numbered volumes; and appendices.