Financial Aid News | College Aid Services

FSA Training: Foreign Schools 2026-27

Alex Fuentes — Thu, 17 Sep 2026 19:49:43 +0000

Federal Student Aid has released the 2026–27 update of FSA Training for Foreign Schools, a comprehensive, self-paced online training designed to help foreign institutions understand and administer federal student aid programs. The training includes six modules covering the fundamentals of federal student aid administration, with a particular focus on foreign school participation in the William… More »FSA Training: Foreign Schools 2026-27

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2026–27 FAFSA Specifications Guide (September 2026 Update)

Alex Fuentes — Thu, 17 Sep 2026 19:33:56 +0000

Federal Student Aid has updated volumes on the 2026–27 FAFSA Specifications Guide. FSA has updated Volumes 4A, 4B, 5, and 6 and the Excel version of the ISIR record layout. For complete information, review the Change History Table in each volume and the “Changes” column in the Excel file. The FAFSA Specifications Guide is designed… More »2026–27 FAFSA Specifications Guide (September 2026 Update)

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2027–28 FAFSA Specifications Guide (September 2026 Update)

Alex Fuentes — Thu, 17 Sep 2026 19:30:59 +0000

Federal Student Aid has updated volumes on the 2027–28 FAFSA Specifications Guide. FSA has updated Volumes 1, 4A, 4B, 5, 6, and 7 and the Excel version of the ISIR record layout. For complete information, review the Change History Table in each volume and the “Changes” column in the Excel file. The FAFSA Specifications Guide… More »2027–28 FAFSA Specifications Guide (September 2026 Update)

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2026–27 Supplemental Campus-Based Funds

Alex Fuentes — Tue, 15 Sep 2026 17:47:12 +0000

FSA has issued an announcement to explain how 2026–27 supplemental award funds for each of the Campus-Based programs will be distributed and how schools will be notified of supplemental awards. Other than funds distributed through the supplemental process described in this announcement, FSA does not anticipate that any additional Campus-Based funds will become available for… More »2026–27 Supplemental Campus-Based Funds

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FSA Processes Pell Grant Administrative Cost Allowance Payments for 2024–25 and 2025–26

Alex Fuentes — Sat, 12 Sep 2026 18:02:20 +0000

Federal Student Aid has announced the processing of Federal Pell Grant Administrative Cost Allowance (ACA) payments for both the 2024–25 and 2025–26 award years. FSA began processing both sets of payments on August 18, 2026. Pell Grant Administrative Cost Allowance Under federal regulations, schools participating in the Federal Pell Grant Program receive an ACA payment… More »FSA Processes Pell Grant Administrative Cost Allowance Payments for 2024–25 and 2025–26

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FSA Partner Connect Training – Borrower Defense to Repayment for Administrators

Alex Fuentes — Fri, 11 Sep 2026 22:19:28 +0000

Starting in October 2026, schools will use FSA Partner Connect to respond to notifications from FSA regarding borrower defense to repayment applications filed by their former or current student borrowers. Schools will use the new Borrower Defense portal—available from the FSA Partner Connect home page—to review cases, understand applicable regulation years, and upload evidence. We will… More »FSA Partner Connect Training – Borrower Defense to Repayment for Administrators

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Key Federal Student Aid Deadlines Approaching: Pell, TEACH and FISAP

Alex Fuentes — Fri, 11 Sep 2026 18:12:27 +0000

Federal Student Aid (FSA) issued several announcements on September 10, 2026, reminding institutions of important processing, reconciliation, closeout, and reporting deadlines approaching at the end of September and beginning of October. With several key activities occurring within a short period, financial aid offices should review outstanding items now and ensure necessary processing is completed before… More »Key Federal Student Aid Deadlines Approaching: Pell, TEACH and FISAP

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ED Publishes 2026–27 Variable Interest Rates for FFEL Program Loans

Alex Fuentes — Thu, 10 Sep 2026 23:43:48 +0000

The U.S. Department of Education has published its annual notice of variable interest rates for certain federal student loans made under the Federal Family Education Loan (FFEL) Program. The rates are effective July 1, 2026, through June 30, 2027. No new loans have been made under the FFEL Program since June 30, 2010, but outstanding… More »ED Publishes 2026–27 Variable Interest Rates for FFEL Program Loans

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ED Publishes 2026–27 Fixed and Variable Direct Loan Interest Rates

Alex Fuentes — Thu, 10 Sep 2026 23:41:29 +0000

The U.S. Department of Education has published its annual notices establishing fixed and variable interest rates for federal student loans made under the William D. Ford Federal Direct Loan Program. The notices provide the interest rates applicable to Direct Loans for the period beginning July 1, 2026, including new fixed rate loans and certain older… More »ED Publishes 2026–27 Fixed and Variable Direct Loan Interest Rates

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FSA Training Course – Workforce Pell

Alex Fuentes — Wed, 09 Sep 2026 14:16:53 +0000

Federal Student Aid has announced the release of a new online, self-paced course about Workforce Pell. The course provides an overview of Workforce Pell and the expanded opportunity for eligible students to use Federal Pell Grants for approved short-term workforce training programs. Participants will learn what makes a workforce program eligible, the state and U.S.… More »FSA Training Course – Workforce Pell

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