College Aid Services

Comment Request: Federal Work Study (FWS) Wages for Student Aid Index

Alex Fuentes — Mon, 10 Aug 2026 21:03:01 +0000

The Department of Education has issued request for an extension without change of the reporting and recordkeeping associated with this information collection. This collection is used to gather information available to participating institutions of higher education (IHE) which is required to fully calculate eligibility for Title IV student financial aid for applicants under the Higher Education… More »Comment Request: Federal Work Study (FWS) Wages for Student Aid Index

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ED Releases New FAQ on Loan Limit Reductions for Less-Than-Full-Time Enrollment

Alex Fuentes — Fri, 07 Aug 2026 15:53:37 +0000

The U.S. Department of Education has released a new Frequently Asked Questions resource addressing the Schedule of Reductions for Direct Loan borrowers enrolled less than full time. Beginning with the 2026–27 award year, institutions must apply the Schedule of Reductions when determining annual loan limits for certain borrowers enrolled less than full time. The new… More »ED Releases New FAQ on Loan Limit Reductions for Less-Than-Full-Time Enrollment

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Nation’s First Workforce Pell Grant Program Approved for Iowa Central Community College

Alex Fuentes — Fri, 07 Aug 2026 13:36:56 +0000

The U.S. Department of Education has approved the nation’s first program eligible for Workforce Pell Grants, marking the first implementation of the new federal aid option for qualifying short-term workforce programs. Eligible students at Iowa Central Community College can now use federal Pell Grant funds to enroll in the college’s Emergency Medical Technician (EMT) program,… More »Nation’s First Workforce Pell Grant Program Approved for Iowa Central Community College

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HEAL Program Information – Maximum HEAL Program Interest Rates for Quarter Ending Sept. 30, 2026

Alex Fuentes — Wed, 05 Aug 2026 21:52:49 +0000

The maximum HEAL Program interest rates for the quarter ending Sept. 30, 2026, are now available in the “Current Maximum Interest Rates” section of the HEAL Interest Rates page of the HEAL Information area on the Knowledge Center website. Current Maximum HEAL Interest Rates For the quarter ending September 30, 2026, the maximum variable interest rates are: Maximum variable… More »HEAL Program Information – Maximum HEAL Program Interest Rates for Quarter Ending Sept. 30, 2026

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U.S. Secretary of Education Linda McMahon Issues National Call to Action to University Presidents and Governing Boards

Alex Fuentes — Tue, 04 Aug 2026 21:46:32 +0000

The U.S. Department of Education has issued an open letter from Secretary of Education Linda McMahon to college and university presidents and governing boards, encouraging institutions to publicly reaffirm their commitments to teaching, research, student success, and public service. The letter is framed as a voluntary “national call to action” rather than a new regulatory… More »U.S. Secretary of Education Linda McMahon Issues National Call to Action to University Presidents and Governing Boards

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Federal Perkins Loan Servicer Change: What Schools Need to Know About the Transition

Alex Fuentes — Tue, 04 Aug 2026 21:05:23 +0000

The U.S. Department of Education has announced an upcoming transition to a new Federal Perkins Loan servicer and has provided guidance to help schools prepare for the change. The announcement outlines what institutions can expect during the transition period and the steps they should take to ensure a smooth handoff of Perkins Loan servicing responsibilities.… More »Federal Perkins Loan Servicer Change: What Schools Need to Know About the Transition

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FSA New Regulations Training Series August 2026 & Virtual Office Hours

Alex Fuentes — Fri, 31 Jul 2026 19:18:32 +0000

FSA has announced new webinars and virtual office hours during August 2026 for schools on the new regulations implementing changes to the federal student aid programs that were enacted in the OBBBA. These sessions provide the financial aid community with an opportunity to receive timely answers to questions and updates on key topics related to… More »FSA New Regulations Training Series August 2026 & Virtual Office Hours

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Comment request: Public Service Loan Forgiveness Reconsideration Request

Alex Fuentes — Fri, 31 Jul 2026 15:08:39 +0000

The Department of Education (Department) is requesting an extension without change of this information collection. This collection is used to obtain information from Federal student loan borrowers to determine eligibility for reconsideration of their Public Service Loan Forgiveness (PSLF) or Temporary Expanded Public Service Loan Forgiveness (TEPSLF) denial. The Department is currently making several changes… More »Comment request: Public Service Loan Forgiveness Reconsideration Request

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2026–27 Federal Student Aid Handbook – Volume 7 Now Available

Alex Fuentes — Thu, 30 Jul 2026 19:55:12 +0000

FSA has announced the availability of Volume 7 of the 2026–27 Federal Student Aid Handbook. Volume 7: The Federal Pell Grant Program provides information to assist schools in determining student eligibility for and calculating Federal Pell Grants. The Federal Student Aid Handbook consists of the Application and Verification Guide, nine numbered volumes, and appendices. We publish the Federal Student Aid… More »2026–27 Federal Student Aid Handbook – Volume 7 Now Available

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Comment Request: Eligible Career Pathway Program

Alex Fuentes — Thu, 30 Jul 2026 14:11:50 +0000

Section 668.157, under the authority of section 484 of the HEA, specifies the documentation requirements for eligible career pathway programs for submission by institutions to the Department for approval as a Title IV eligible program. Enrollment in an eligible career pathways program is one of the three Ability to Benefit (ATB) alternatives that an individual… More »Comment Request: Eligible Career Pathway Program

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