Generated by All in One SEO Pro v5.0.0.1, this is an llms.txt file, used by LLMs to index the site. # College Aid Services Higher Education consultants supporting Financial Aid, Admissions and Enrollment Management ## Sitemaps - [XML Sitemap](https://www.collegeaidservices.net/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Higher Education News Blog](https://www.collegeaidservices.net/college-aid-services/college-aid-services-blog/) - Higher Education News and Information for Financial Aid and College Administration Professionals - [The Legacy of HBCUs Webinar](https://www.collegeaidservices.net/2023/06/12/the-legacy-of-hbcus-webinar/) - In celebration of Juneteenth, the Department of Education will hold a special webinar titled "The Legacy of HBCUs: A Juneteenth Celebration" on Wednesday, June 14th, 2023 at 1:00 PM ET. - [Appendices Now Available for the 2026–27 Federal Student Aid Handbook](https://www.collegeaidservices.net/2026/08/14/appendices-now-available-for-the-2026-27-federal-student-aid-handbook/) - FSA has announced the availability of the 2026–27 Federal Student Aid Handbook appendices. These appendices discuss the following: Appendix A: Orientation to Online Resources Appendix B: Required Actions When a Student Dies Appendix C: The FSA Assessments Appendix D: Other School Reporting Requirements Appendix E: Institutional Reporting and Disclosure Requirements Appendix F: Higher Education Act - [FSA Training: Completing the 2027–28 FISAP](https://www.collegeaidservices.net/2026/08/13/fsa-training-completing-the-2027-28-fisap/) - FSA has announced the availability of an online, self-paced training course to assist with completing the Fiscal Operations Report for 2025–26 and Application to Participate for 2027–28 (FISAP). The 2027–28 FISAP is available on the Common Origination and Disbursement (COD) website and must be submitted by Oct. 1, 2026, by schools that are requesting Federal Supplemental - [FSA Issues New FVT/GE and STATS Guidance, Identifies Reporting Gaps at More Than 1,900 Institutions](https://www.collegeaidservices.net/2026/08/11/fsa-issues-new-fvt-ge-and-stats-guidance-identifies-reporting-gaps-at-more-than-1900-institutions/) - Federal Student Aid has published important guidance on Financial Value Transparency and Gainful Employment (FVT/GE) reporting and the transition to the new Student Tuition and Transparency System (STATS). The announcement addresses three key areas: delinquent FVT/GE reporting from the 2024 and 2025 cycles, requirements for the current 2026 reporting cycle, and the option to early - [Comment Request: Federal Work Study (FWS) Wages for Student Aid Index](https://www.collegeaidservices.net/2026/08/10/comment-request-federal-work-study-fws-wages-for-student-aid-index/) - 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 - [Department of Education Reminds Institutions of July 31 Foreign Gift and Contract Reporting Deadline](https://www.collegeaidservices.net/2026/07/06/department-of-education-reminds-institutions-of-july-31-foreign-gift-and-contract-reporting-deadline/) - The U.S. Department of Education has issued a reminder that institutions subject to Section 117 of the Higher Education Act (HEA) must submit any required foreign gift and contract disclosure reports by July 31, 2026. The reporting deadline is established by federal law and applies to reportable activity during the applicable reporting period. Who Must - [ED Releases New FAQ on Loan Limit Reductions for Less-Than-Full-Time Enrollment](https://www.collegeaidservices.net/2026/08/07/ed-releases-new-faq-on-loan-limit-reductions-for-less-than-full-time-enrollment/) - 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 - [Nation’s First Workforce Pell Grant Program Approved for Iowa Central Community College](https://www.collegeaidservices.net/2026/08/07/nations-first-workforce-pell-grant-program-approved-for-iowa-central-community-college/) - 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, - [2027-28 FAFSA Beta Testing begins August 5, 2026](https://www.collegeaidservices.net/2026/07/21/2027-28-fafsa-beta-testing-begins-august-5-2026/) - The U.S. Department of Education (Department) has released its plans for beta testing the 2027–28 Free Application for Federal Student Aid (FAFSA®) ahead of the public release by Oct. 1, 2026. Launch of 2027–28 Beta Testing For the last two FAFSA cycles, the Department has conducted extensive beta testing—a best practice in software development and - [HEAL Program Information – Maximum HEAL Program Interest Rates for Quarter Ending Sept. 30, 2026](https://www.collegeaidservices.net/2026/08/05/heal-program-information-maximum-heal-program-interest-rates-for-quarter-ending-sept-30-2026/) - 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 - [U.S. Secretary of Education Linda McMahon Issues National Call to Action to University Presidents and Governing Boards](https://www.collegeaidservices.net/2026/08/04/u-s-secretary-of-education-linda-mcmahon-issues-national-call-to-action-to-university-presidents-and-governing-boards/) - 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 - [Federal Perkins Loan Servicer Change: What Schools Need to Know About the Transition](https://www.collegeaidservices.net/2026/08/04/federal-perkins-loan-servicer-change-what-schools-need-to-know-about-the-transition/) - 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. - [FSA New Regulations Training Series August 2026 & Virtual Office Hours](https://www.collegeaidservices.net/2026/07/31/fsa-new-regulations-training-series-august-2026-virtual-office-hours/) - 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 - [COD System Updates Coming June 28, 2026: What Financial Aid Offices Need to Know](https://www.collegeaidservices.net/2026/06/11/cod-system-updates-coming-june-28-2026-what-financial-aid-offices-need-to-know/) - The Department of Education will implement several Common Origination and Disbursement (COD) System updates on June 28, 2026, affecting Direct Loans and Campus-Based Programs for the 2026–27 award year. These changes are designed to improve the administration of new federal loan limits and streamline reporting requirements for schools. Enhanced Loan Limit Exception Processing The most - [Comment request: Public Service Loan Forgiveness Reconsideration Request](https://www.collegeaidservices.net/2026/07/31/comment-request-public-service-loan-forgiveness-reconsideration-request/) - 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 - [2026–27 Federal Student Aid Handbook – Volume 7 Now Available](https://www.collegeaidservices.net/2026/07/30/2026-27-federal-student-aid-handbook-volume-7-now-available/) - 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 - [Comment Request: Eligible Career Pathway Program](https://www.collegeaidservices.net/2026/07/30/comment-request-eligible-career-pathway-program/) - 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 - [No Secrets on Campus: Student Consumer Information Explained (Part 2) - Webinar (Recording)](https://www.collegeaidservices.net/2026/07/21/no-secrets-on-campus-student-consumer-information-explained-webinar-recording/) - Consumer Information requirements outline what information needs to be readily available to current and potential students and the public. Join us for Part 2 of our Consumer Information Series as we break down the requirements that involve offices outside of financial aid. We will discuss the required notices, review acceptable dissemination formats, and provide tips - [2026–27 Federal School Code List of Participating Schools (August 2026)](https://www.collegeaidservices.net/2026/07/29/2026-27-federal-school-code-list-of-participating-schools-august-2026/) - FSA has announced the availability of the updated 2026–27 Federal School Code (FSC) List of Participating Schools, updated for August 2026. The FSC List contains unique codes assigned by the U.S. Department of Education for schools participating in the Title IV federal student aid programs. Students enter these codes on the Free Application for Federal - [FSA Releases 2026–27 Training Opportunities: Fundamentals Series, Learning Tracks, and New Staff Training](https://www.collegeaidservices.net/2026/07/09/fsa-releases-2026-27-training-opportunities-fundamentals-series-learning-tracks-and-new-staff-training/) - The U.S. Department of Education has announced its 2026–27 Federal Student Aid (FSA) training offerings, providing institutions with updated learning opportunities for the upcoming award year. The announcements include the required FSA Fundamentals Training Series for certain institutions, updated Learning Tracks for financial aid professionals, and the FSA Basic Training for New Staff course. Whether - [NSLDS Enrollment Reporting Guide (July 2026)](https://www.collegeaidservices.net/2026/07/28/nslds-enrollment-reporting-guide-july-2026/) - FSA has announced the availability of the updated NSLDS Enrollment Reporting Guide, a comprehensive document that contains step-by-step instructions for National Student Loan Data System (NSLDS®) enrollment reporting. In this edition, FSA updated Section 4.4.3, “Withdrawal versus Graduation and Effective Dates,” to provide guidance on how to report enrollment statuses related to the new Return - [Comment Request: Approved State Ability To Benefit Process](https://www.collegeaidservices.net/2026/07/24/comment-request-approved-state-ability-to-benefit-process/) - Ability to Benefit (ATB) is an alternative for an individual who does not have a high school diploma to become eligible for Title IV aid. The State process is one of the three alternatives. The State ATB processes described in § 668.156 outlines the requirements for the approval of a State's processes, monitoring, and reporting requirements under ATB. - [Comment Request: Borrower Defense to Loan Repayment Universal Forms](https://www.collegeaidservices.net/2026/07/23/comment-request-borrower-defense-to-loan-repayment-universal-forms/) - The Department of Education has issued a request for a renewal without change of 1845-0163 Borrower Defense to Loan Repayment Universal Forms. The Department uses the information provided on the Universal Borrower Defense Application and Request for Reconsideration forms to determine eligibility for a borrower defense discharge. Interested persons are invited to submit comments on - [Comment Request: Loan Rehabilitation: Reasonable and Affordable Payments](https://www.collegeaidservices.net/2026/07/23/comment-request-loan-rehabilitation-reasonable-and-affordable-payments-2/) - The Department of Education has issued a request for an reinstatement with change of the information collection for the form used to obtain standardized financial information from borrowers with defaulted Direct Loan (DL) or Federal Family Education Loan (FFEL) Program loans. This information is used by either the U.S. Department of Education (the Department) or - [2027–28 FAFSA Specifications Guide (July 2026 Update #2)](https://www.collegeaidservices.net/2026/07/23/2027-28-fafsa-specifications-guide-july-2026-update-2/) - Federal Student Aid has added additional volumes to the 2027–28 FAFSA Specifications Guide. FSA has added the initial version of Volume 1. In addition, FSA has added a 2027–28 ISIR Test File under Volume 9. Refer to Electronic Announcement APP-26-10 for details. The FAFSA Specifications Guide is designed to meet the reference needs of financial - [Record Submission Due Date for 2024–25 Direct Loan Closeout is July 31st](https://www.collegeaidservices.net/2026/05/20/record-submission-due-date-for-2024-25-direct-loan-closeout-is-july-31st/) - FSA has issued an announcement reminding schools that the 2024–25 Direct Loan closeout deadline is July 31, 2026, and institutions should begin reconciliation and closeout activities now rather than waiting until the last minute. All Direct Loan data must be received and accepted by the COD System by July 31, 2026 to be included in - [2026–2027 COD Technical Reference (July 2026 Update #2)](https://www.collegeaidservices.net/2026/07/23/2026-2027-cod-technical-reference-july-2026-update-2/) - FSA has updated the 2026–2027 COD Technical Reference guide to update volume 3. Volume 3: Combination System Supplement. The changes are noted in the July 2026 Change Tracking Log #2. Access the COD Technical Reference Guide here. - [FISAP Reporting 2026: Key Reminders Before the October 1 Deadline](https://www.collegeaidservices.net/2026/07/20/fisap-reporting-2026-key-reminders-before-the-october-1-deadline/) - The U.S. Department of Education has released its annual Information and Reporting Reminders for the Fiscal Operations Report for 2025–26 and Application to Participate for 2027–28 (FISAP). The announcement serves as a comprehensive guide for institutions preparing their annual Campus-Based reporting and highlights several areas that commonly result in reporting errors. For institutions participating in - [Department of Education Opens 2025–26 Campus-Based Reallocation Process - Deadline is September 1, 2026](https://www.collegeaidservices.net/2026/07/20/department-of-education-opens-2025-26-campus-based-reallocation-process-deadline-is-september-1-2026/) - The U.S. Department of Education has announced that the 2025–26 Campus-Based Reallocation Form is now available in the Common Origination and Disbursement (COD) System. Institutions that do not expect to fully utilize their Federal Work-Study (FWS) or Federal Supplemental Educational Opportunity Grant (FSEOG) allocations must report those unused funds through the reallocation process. Eligible schools - [2027–28 FAFSA Specifications Guide (July 2026 Update)](https://www.collegeaidservices.net/2026/07/20/2027-28-fafsa-specifications-guide-july-2026-update/) - Federal Student Aid has added additional volumes to the 2027–28 FAFSA Specifications Guide. Initial versions of Volume 2, 3, 6, 7, and 9 have been added. In addition, there are updates to Volume 4A, the Excel version of the ISIR record layout, Volume 4B, and Volume 8. The FAFSA Specifications Guide is designed to meet - [FAQ for Real-Time FAFSA Fraud Detection and Identity Confirmation](https://www.collegeaidservices.net/2026/07/20/faq-for-real-time-fafsa-fraud-detection-and-identity-confirmation/) - The U.S. Department of Education has released a new Frequently Asked Questions (FAQ) document to help institutions understand the recently implemented real-time FAFSA fraud detection and identity confirmation process. The FAQ provides additional clarification on the Department's existing fraud prevention initiative, including how schools should handle identity confirmation, fraud-related FAFSA comment and reject codes, institutional - [Department of Education Releases 2026–27 Campus-Based Funding Allocations](https://www.collegeaidservices.net/2026/07/17/department-of-education-releases-2026-27-campus-based-funding-allocations/) - The U.S. Department of Education has released the official 2026–27 Campus-Based Funding Report, announcing approved allocations for the Federal Supplemental Educational Opportunity Grant (FSEOG) and Federal Work-Study (FWS) programs. Along with the report, Federal Student Aid issued an Electronic Announcement directing institutions to review their approved funding on the Knowledge Center. The published report includes - [FSA Expands Guidance and Training Resources for OBBBA Implementation](https://www.collegeaidservices.net/2026/05/21/fsa-expands-guidance-and-training-resources-for-obbba-implementation/) - The U.S. Department of Education is ramping up support for schools and financial aid professionals as implementation of the Working Families Tax Cuts Act (also known as the One Big Beautiful Bill Act, or OBBBA) moves into its next phase. In a May 20 electronic announcement, Federal Student Aid outlined new resources, FAQs, office hours, - [FSA Holding Hiring Fair on July 21-22, 2026](https://www.collegeaidservices.net/2026/07/14/fsa-holding-hiring-fair-on-july-21-22-2026/) - Federal Student Aid (FSA) is holding a hiring fair in Washington D.C. on Tuesday, July 21, 2026, and Wednesday, July 22, 2026. The event will be at the JW Marriott Washington, D.C. (1331 Pennsylvania Avenue NW) from 9 a.m. to 5 p.m. Eastern time If you are interested in attending, you must complete the registration form here. - [Comment Request: eZ-Audit: Electronic Submission of Financial Statements and Compliance Audits](https://www.collegeaidservices.net/2026/07/14/comment-request-ez-audit-electronic-submission-of-financial-statements-and-compliance-audits/) - eZ-Audit is a web-based process designed to facilitate the submission of compliance and financial statement audits, expedite the review of those audits by the Department, and provide more timely and useful information to public, non-profit and proprietary institutions regarding the Department's review. eZ-Audit establishes a uniform process under which all institutions submit directly to the - [Comment Request: Public Service Loan Forgiveness (PSLF) & Temporary Expanded PSLF (TEPSLF) Certification and Application](https://www.collegeaidservices.net/2026/07/13/comment-request-public-service-loan-forgiveness-pslf-temporary-expanded-pslf-tepslf-certification-and-application-2/) - The Department of Education (Department) is requesting emergency processing for a revision to an existing information collection. The Department provides this form, 1845-0110 Public Service Loan Forgiveness (PSLF) & Temporary Expanded PSLF (TEPSLF) Certification & Application form, which is used by student loan borrowers to apply for Public Service Loan Forgiveness (PSLF). Borrowers complete this - [FSA's Spring/Summer Webinar Series focuses on Pell Calculations & Federal Work Study](https://www.collegeaidservices.net/2026/04/28/fsas-spring-summer-webinar-series-focuses-on-pell-calculations-federal-work-study/) - FSA has released it's Spring/Summer 2026 webinar series. Four sessions between May and July will focus on Pell and FWS. The sessions are as follows: May Awarding With Pell Grant Formula 1 Wednesday, May 6, 2026, 1–2:30 p.m. ET FSA will discuss when Pell Grant Formula 1 is required, how enrollment intensity affects Pell Grant - [FSA's OBBBA Implementing Regulations Webinar Training Series](https://www.collegeaidservices.net/2026/05/21/fsa-obbba-implementing-regulations-training-series/) - FSA will offer a series of live webinars on the OBBBA-implementing regulatory changes over the next seven weeks. These sessions will offer an opportunity to ask questions and receive updates on key topics related to the implementation of these regulations. There is no need to register for the live webinars. Participation is on a first-come, - [ED Updates Professional Degree Program List Following Court Order](https://www.collegeaidservices.net/2026/06/30/ed-updates-professional-degree-program-list-following-court-order/) - The U.S. Department of Education has issued an updated list of professional degree programs in response to a recent federal court order that temporarily blocks portions of the Department's revised definition of a "professional degree program." The updated guidance takes effect for Direct Loans first disbursed on or after July 1, 2026. The revised list - [U.S. Department of Education Holds First-of-its-Kind Higher Education Fraud Summit](https://www.collegeaidservices.net/2026/07/09/u-s-department-of-education-holds-first-of-its-kind-higher-education-fraud-summit/) - On Tuesday June 8th, the U.S. Department of Education (the Department) held the first-of-its-kind Higher Education Fraud Summit featuring Under Secretary of Education Nicholas Kent, Assistant Attorney General for the National Fraud Enforcement Division Colin McDonald, and White House Task Force to Eliminate Fraud Executive Director Scott Brady. The event drew over 800 participants to - [2026–2027 COD Technical Reference (July 2026 Update)](https://www.collegeaidservices.net/2026/07/09/2026-2027-cod-technical-reference-july-2026-update/) - FSA has updated the 2026–2027 COD Technical Reference guide to update volumes 1, 2, 6 and 7. Volume 1: Getting Started Volume 2: Common Record Technical Reference Volume 6: Appendices Volume 7: COD XML Examples The changes are noted in the July 2026 Change Tracking Log. Access the COD Technical Reference Guide here. - [2026-27 FAFSA Verification IRS Tax Return Transcript Matrix](https://www.collegeaidservices.net/2026/07/08/2026-27-fafsa-verification-irs-tax-return-transcript-matrix/) - FSA has released the 2026-27 FAFSA Verification-IRS Tax Return Transcript Matrix that institutions can use for 2026-27 verification of tax return information entered by the applicant on the FAFSA® application. Since the IRS Tax Return Transcript does not have line or item numbers and uses wording that may be different from what is used on the FAFSA - [Comment Request: Income Driven Repayment Plan Request for the William D. Ford Federal Direct Loans and Federal Family Education Loan Programs](https://www.collegeaidservices.net/2026/07/08/comment-request-income-driven-repayment-plan-request-for-the-william-d-ford-federal-direct-loans-and-federal-family-education-loan-programs-2/) - The One Big Beautiful Bill Act (OBBBA) signed into law on July 4, 2025, made statutory changes to Sections 455(a), 455(d), 455(e), 455(g), and 455(q) that impact borrower eligibility, terms and conditions, and borrowers' rights and responsibilities for Direct Loans received on or after July 1, 2026. Additionally, previous provisions regulated in 34 CFR 685.209 - [Comment Request: William D Ford Federal Direct Loan Program Repayment Plan Selection Form](https://www.collegeaidservices.net/2026/07/07/comment-request-william-d-ford-federal-direct-loan-program-repayment-plan-selection-form/) - The Fixed Payment Repayment Plan Request form serves as the means by which Direct Loan borrowers notify the Department of their choice of an initial fixed payment repayment plan as described in 34 CFR 685.208 before their loans enter repayment. The form may also be used by borrowers to request a change to one of these plans - [Comment Request: Foreign Gifts and Contracts Disclosures](https://www.collegeaidservices.net/2026/06/30/comment-request-foreign-gifts-and-contracts-disclosures/) - FSA, in partnership with the Office of the General Counsel (OGC) of ED, is requesting the renewal of Foreign Gifts and Contracts Disclosures, 1845-0172, to continue to collect the required information from institutions of higher education regarding foreign gifts and contracts as specified in the Higher Education Act of 1965 (HEA), as amended. Section 117 - [New EDExpress Service Releases Available for 2025–26 and 2026–27](https://www.collegeaidservices.net/2026/07/03/new-edexpress-service-releases-available-for-2025-26-and-2026-27/) - The U.S. Department of Education has released new service updates for EDExpress for Windows 2025–26, Release 2.0 and EDExpress for Windows 2026–27, Release 2.0. The updates focus on correcting enrollment related fields, resolving known software issues, and improving overall system performance for financial aid offices. The new service releases provide several important updates, including: Both - [2026–27 Federal Student Aid Handbook – Volumes 3 and 6 Now Available](https://www.collegeaidservices.net/2026/07/03/2026-27-federal-student-aid-handbook-volumes-3-and-6-now-available/) - FSA has announced the availability of Volumes 3 and 6 of the 2026–27 Federal Student Aid Handbook. These volumes discuss the following: Volume 3: Academic Calendars, Cost of Attendance, and Packaging 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 - [TEACH Grant Closeout Information for 2025–26 Award Year](https://www.collegeaidservices.net/2026/07/03/teach-grant-closeout-information-for-2025-26-award-year/) - The Teacher Education Assistance for College and Higher Education (TEACH) Grant data submission (closeout) deadline for the 2025–26 award year is the last processing day of the award year: Wednesday, Sept. 30, 2026. The Common Origination and Disbursement (COD) System must receive and accept all G5 data no later than 8 a.m. Eastern time (ET). - [State Workforce Pell Certification Form Now Available](https://www.collegeaidservices.net/2026/07/03/state-workforce-pell-certification-form-now-available/) - The U.S. Department of Education has released the State Workforce Pell Certification Form, an important step in the implementation of the new Workforce Pell Grant program. Institutions seeking approval to offer eligible workforce programs will need this certification as part of the federal program approval process. What Is the State Workforce Pell Certification Form? Under - [Department of Education Finalizes STATS Rule, Creating New Accountability Standards for Low Earning Programs](https://www.collegeaidservices.net/2026/07/03/department-of-education-finalizes-stats-rule-creating-new-accountability-standards-for-low-earning-programs/) - The U.S. Department of Education has published its final Student Tuition and Transparency System (STATS) regulations, implementing the higher education accountability provisions included in the One Big Beautiful Bill Act (OBBBA). The rule establishes a new framework for evaluating whether academic programs provide sufficient economic value to students and ties continued participation in the Federal - [NSLDS Professional Access Updates due to OBBBA](https://www.collegeaidservices.net/2026/07/03/nslds-professional-access-updates-due-to-obbba/) - As the One Big Beautiful Bill Act (OBBBA) continues to reshape federal student aid programs, the U.S. Department of Education has announced additional updates to NSLDS Professional Access that institutions will see beginning with the 2026–27 award year. The July 1 Electronic Announcement focuses primarily on Financial Value Transparency/Gainful Employment (FVT/GE) reporting and system changes - [Comment Request: Revocation of Consent To Share Federal Tax Information Form](https://www.collegeaidservices.net/2026/07/03/comment-request-revocation-of-consent-to-share-federal-tax-information-form/) - The FUTURE Act allows Federal Student Aid (FSA) to receive customers' Federal Tax Information (FTI) from the Internal Revenue Service (IRS) through the Internal Revenue Code § 6103 for purposes of administering the Free Application for Federal Student Aid (FAFSA®) and income-driven repayment (IDR) plans. Since customers are required to provide consent for this process, the - [Comment Request: Joint Consolidation Loan Separation Application](https://www.collegeaidservices.net/2026/07/03/comment-request-joint-consolidation-loan-separation-application-2/) - The Joint Consolidation Loan Separation Act (JCLSA), amended the Higher Education Act of 1965, as amended (HEA) to allow joint consolidation co-borrowers to apply to separate an existing joint Direct Consolidation Loan or Federal Consolidation Loan into individual Direct Consolidation Loans. The HEA, as amended by the JCLSA, requires joint consolidation loan borrowers to apply - [Federal Family Education Loan Program: Federal Stafford, Federal PLUS, Federal SLS, and Federal Consolidation Loan Interest Rate Calculations for the Period July 1, 2026–June 30, 2027](https://www.collegeaidservices.net/2026/06/03/federal-family-education-loan-program-federal-stafford-federal-plus-federal-sls-and-federal-consolidation-loan-interest-rate-calculations-for-the-period-july-1-2026-june-30-2027/) - The Department of Education has published the variable interest rates applicable to the Federal Stafford, Federal SLS, Federal PLUS, and Federal Consolidation Loan programs for the period July 1, 2026–June 30, 2027. Interest rates for variable-rate loans under these programs are determined annually, and are based on the following: Stafford Loans – Based on the - [Department of Education Gives Institutions New Authority to Set Lower Program-Level Student Loan Limits](https://www.collegeaidservices.net/2026/06/28/department-of-education-gives-institutions-new-authority-to-set-lower-program-level-student-loan-limits/) - Beginning July 1, 2026, colleges and universities have a new option when awarding federal student loans. A new Dear Colleague Letter (GEN-26-02) explains that institutions may now establish lower annual federal student loan limits for specific academic programs, provided the reduced limits are applied consistently to all students enrolled in that program. The Department of - [Comment Request: FFEL–Administrative Requirements for States, Not-For-Profit Lenders, and Eligible Lenders Trustees](https://www.collegeaidservices.net/2026/06/26/comment-request-ffel-administrative-requirements-for-states-not-for-profit-lenders-and-eligible-lenders-trustees/) - This request is for the extension of a current paperwork collection in the Office of Management and Budget (OMB) Control Number 1845-0085 for the reporting requirement contained in the regulations for States, not-for-profit lenders and eligible lender trustees under 34 CFR 682.302 for the Federal Family Education Loan (FFEL) Program. The regulations in § 682.302 require a State, - [Comment Request: William D. Ford Federal Direct Loan Program (Direct Loan Program) Promissory Notes and Related Forms](https://www.collegeaidservices.net/2026/06/26/comment-request-william-d-ford-federal-direct-loan-program-direct-loan-program-promissory-notes-and-related-forms-2/) - Section 455(i) of the Higher Education Act of 1965, as amended (the HEA) requires the U.S. Department of Education (the Department) to develop, print, and distribute a standard promissory note to schools that participate in the William D. Ford Federal Direct Loan Program (Direct Loan Program). The One Big Beautiful Bill Act (OBBBA) signed into law on - [Comment Request: Request for Title IV Reimbursement or Heightened Cash Monitoring 2 (HCM2)](https://www.collegeaidservices.net/2026/06/26/comment-request-request-for-title-iv-reimbursement-or-heightened-cash-monitoring-2-hcm2/) - 34 CFR part 668—Student Assistance General Provisions, Subpart K—Cash Management (§ 668.162) establishes the rules and procedures for a participating institution to request, maintain, disburse, and manage Title IV program funds. Institutions must complete and submit a Form 270 to request Title IV program funds while participating under the Reimbursement and Heightened Cash Monitoring payment methods - [Federal Court Temporarily Blocks Part of Education Department's Professional Degree Loan Rule](https://www.collegeaidservices.net/2026/06/26/federal-court-temporarily-blocks-part-of-education-departments-professional-degree-loan-rule/) - A federal judge has issued a preliminary injunction temporarily blocking the U.S. Department of Education from enforcing portions of its new regulation that narrows the definition of a "professional degree" for federal student loan purposes. The ruling was issued on June 25 by the U.S. District Court for the District of Columbia. The challenged regulation - [Bonamici Introduces Resolution to Impeach Education Secretary Linda McMahon](https://www.collegeaidservices.net/2026/06/26/bonamici-introduces-resolution-to-impeach-education-secretary-linda-mcmahon/) - Congresswoman Suzanne Bonamici (D-OR) introduced a resolution to impeach Secretary of Education Linda McMahon. The resolution outlines how McMahon violated her oath of office, made false and misleading statements to Congress, and violated federal law by illegally transferring the operations of multiple offices and more than 140 programs under the Department of Education to other - [Bridging the Gap: Collaboration Between Financial Aid and Student Accounts – Webinar (Recording)](https://www.collegeaidservices.net/2026/05/15/bridging-the-gap-collaboration-between-financial-aid-and-student-accounts-webinar-recording/) - Both the Financial Aid and Student Accounts offices play essential roles in the student financial aid process, making strong collaboration between them critical. Join us for an engaging discussion focused on core responsibilities and communication strategies that enhance coordination between these teams. With perspectives from representatives in both areas, we’ll explore key functions of each - [FSA Announces Workforce Pell Training and Virtual Office Hours](https://www.collegeaidservices.net/2026/06/25/fsa-announces-workforce-pell-training-and-virtual-office-hours/) - As institutions prepare for the implementation of Workforce Pell, Federal Student Aid (FSA) has announced a live training webinar and two virtual office hour sessions to help schools understand the new requirements and ask implementation questions. Live Workforce Pell Training – July 7 FSA will host a live webinar on Monday, July 7, titled Managing - [Department of Education Higher Education Fraud Summit - Registration Open through July 3](https://www.collegeaidservices.net/2026/06/25/department-of-education-higher-education-fraud-summit-registration-open-through-july-3/) - The U.S. Department of Education's (Department) Office of Inspector General (OIG) is hosting a Higher Education Fraud Summit on July 7, 2026 to bring together institutional leaders, Department officials, inspectors general, federal and state law enforcement, and industry partners to discuss strategies for combating fraud in higher education. This full-day event will feature keynote remarks from Under - [EDExpress Users: Review Updated PC Requirements Before Installing 2027–28](https://www.collegeaidservices.net/2026/06/25/edexpress-users-review-updated-pc-requirements-before-installing-2027-28/) - Federal Student Aid (FSA) has issued an important notice for schools that use EDExpress, advising institutions to review updated PC and system requirements before installing the 2027–28 version of the software. The announcement serves as an early reminder that technology changes are coming and schools should begin planning now to avoid installation or compatibility issues. - [Comment Request: William D. Ford Federal Direct Loan Program, Federal Direct PLUS Loan Request for Supplemental Information](https://www.collegeaidservices.net/2026/06/25/comment-request-william-d-ford-federal-direct-loan-program-federal-direct-plus-loan-request-for-supplemental-information/) - The Federal Direct PLUS Loan Request for Supplemental Information serves as the means by which a parent applicant may provide certain information to a school that will assist the school in originating the borrower's Direct PLUS Loan award, as an alternative to providing this information to the school by other means established by the school. - [Comment Request: Consolidation Loan Rebate Fee Report](https://www.collegeaidservices.net/2026/06/25/comment-request-consolidation-loan-rebate-fee-report/) - The Department of Education is submitting for approval the Consolidation Loan Rebate Fee Report, ED Form 4-619. This request is for an extension of a currently approved collection. The information collected on the Consolidation Loan Rebate Fee Report will be used to document Federal Consolidation loans held by lenders who are responsible for sending interest - [ED Releases Operational Guidance for Reporting 2025 Federal Work-Study Earnings to COD](https://www.collegeaidservices.net/2026/06/25/ed-releases-operational-guidance-for-reporting-2025-federal-work-study-earnings-to-cod/) - The U.S. Department of Education has released additional operational guidance for institutions preparing to report 2025 calendar year Federal Work-Study (FWS) earnings to the Common Origination and Disbursement (COD) System. The new reporting functionality is scheduled to become available June 28, 2026, and the reported earnings will be used in calculating students' 2027–28 Student Aid - [Updated Reports Available on the FSA Data Center](https://www.collegeaidservices.net/2026/06/25/updated-reports-available-on-the-fsa-data-center/) - Federal Student Aid (FSA) has posted a series of updates to its data center, the centralized online source for information about FSA programs and operations. This update refreshes more than 70 quarterly application, disbursement, and loan portfolio reports to include data through March 31, 2026. It also provides updated data on forgiveness and discharge programs - [2026–2027 Federal Student Aid Handbook – Volumes 4 and 5 Now Available](https://www.collegeaidservices.net/2026/06/25/2026-2027-federal-student-aid-handbook-volumes-4-and-5-now-available/) - FSA has announced the availability of Volumes 4 and 5 of the 2026–2027 Federal Student Aid Handbook. Volume 4: Processing Aid and Managing FSA Funds provides guidance on how to request, disburse, manage, and report on the use of federal student aid funds. Volume 5: Withdrawals and the Return of Title IV Funds discusses how a school - [2026-2027 Award Year Deadline Dates for Reports and Other Records Associated With the FAFSA Form](https://www.collegeaidservices.net/2026/06/25/2026-2027-award-year-deadline-dates-for-reports-and-other-records-associated-with-the-fafsa-form/) - The Department of Education has published the deadline dates for the receipt of documents and other information from applicants and institutions participating in certain Federal student aid programs authorized under Title IV of the Higher Education Act of 1965, as amended (HEA), for the 2026-2027 award year. These programs, administered by the Department of Education - [NSLDS Reaffirmation User Guide (June 2026)](https://www.collegeaidservices.net/2026/06/23/nslds-reaffirmation-user-guide-june-2026/) - FSA has published an updated NSLDS Reaffirmation User Guide. Reaffirmation is when a student who has inadvertently exceeded an annual or aggregate loan limit for a William D. Ford Federal Direct Loan Program or Federal Family Education Loan Program loan agrees, in writing, to repay the excess amount according to the terms and conditions of - [2026–27 FAFSA Specifications Guide (June 2026 Update)](https://www.collegeaidservices.net/2026/06/23/2026-27-fafsa-specifications-guide-june-2026-update/) - The FAFSA Specifications Guide has been updated on June 22, 2026. Updates are available to the following volumes: Volume 2: FPS Schedule and Getting Help Volume 3: Electronic Data Exchange and FAFSA Processing Volume 5: Edits and Rejects Volume 6: ISIR Guide Volume 7: Comment Codes Volume 8: Agency Matches Access the guide here: 2026–27 - [2025–26 FAFSA Specifications Guide (June 2026 Update)](https://www.collegeaidservices.net/2026/06/23/2025-26-fafsa-specifications-guide-june-2026-update/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on June 22, 2026: FSA has updated Volumes 5 and 7. For more information, - [New Process for Amending Historical Section 117 Data](https://www.collegeaidservices.net/2026/06/18/new-process-for-amending-historical-section-117-data/) - The Department of Education has announced that effective immediately, institutions will now be able to use the new reporting portal at ForeignFundingHigherEd.gov to amend, modify, and correct all of their Section 117 submissions, including those made prior to Jan. 2, 2026. Section 117 of the Higher Education Act of 1965, as amended (20 U.S.C. 1011f), provides that institutions - [U.S. Department of Education Announces Student Loan Interest Rate Reduction](https://www.collegeaidservices.net/2026/06/18/u-s-department-of-education-announces-student-loan-interest-rate-reduction/) - Today, the U.S. Department of Education (the Department) announced that federal student loan borrowers enrolled in auto pay will be eligible for a 1 percent interest rate reduction beginning July 1. Borrowers who enroll in auto pay by September 30, 2026, or who are already enrolled, will benefit from the interest rate reduction through June - [Comment Request: Application for Approval To Participate in Federal Student Aid Programs (E-App)](https://www.collegeaidservices.net/2026/06/18/comment-request-application-for-approval-to-participate-in-federal-student-aid-programs-e-app/) - Section 487(c) of the Higher Education Act (HEA) of 1965, as amended, requires that the Secretary of Education prescribe regulations to ensure that any funds postsecondary institutions receive under the HEA are used solely for the purposes specified in and in accordance with the provision of the applicable programs. The One Big Beautiful Bill Act (OBBBA), - [Comment Request: Prison Education Program Application](https://www.collegeaidservices.net/2026/06/18/comment-request-prison-education-program-application-2/) - Prison Education Programs (PEP) is authorized under section 484(t) of the Higher Education Act of 1965, as amended (HEA) with the requirements for participation outlined in 34 CFR 668, Subpart P. These are the regulatory requirements for a school to offer a PEP to confined or incarcerated students. This is a request for an extension without - [Comment Request: Student Assistance General Provisions—Satisfactory Academic Progress Policy](https://www.collegeaidservices.net/2026/06/18/comment-request-student-assistance-general-provisions-satisfactory-academic-progress-policy/) - The Department of Education (the Department) is requesting an extension of the current approval of the policies and procedures for determining satisfactory academic progress (SAP) as required in Section 484 of the Higher Education Act of 1965, as amended (HEA). A link to the Satisfactory Academic Progress regulations is provided at 34 CFR 668.34 and 34 CFR 600.55. - [Comment Request: Public Service Loan Forgiveness (PSLF) & Temporary Expanded PSLF (TEPSLF) Certification and Application](https://www.collegeaidservices.net/2026/06/18/comment-request-public-service-loan-forgiveness-pslf-temporary-expanded-pslf-tepslf-certification-and-application/) - The Department of Education (Department) is requesting an emergency clearance for this revision of the information collection, 1845-0110. The Department will initiate the 60-day public comment period within 180 days of notification of emergency approval. Final Regulations published on October 31, 2025 (90 FR 48966), 34 CFR 685.219(i) require an update to the currently approved Public Service - [Comment Request: Federal Direct Loan Program Regulations for Forbearance and Loan Rehabilitation](https://www.collegeaidservices.net/2026/06/18/comment-request-federal-direct-loan-program-regulations-for-forbearance-and-loan-rehabilitation-2/) - The Department of Education (the Department) is seeking emergency processing, in accordance with 5 CFR 1320.13, of the revision of OMB control number 1845-0119 Federal Direct Loan Program Regulations for Forbearance and Loan Rehabilitation. The One Big Beautiful Bill Act (OBBBA) signed into law by President Trump on July 4, 2025 includes provisions that affect this collection; specifically, 34 - [Comment Request: State Workforce Pell Program Certification](https://www.collegeaidservices.net/2026/06/02/comment-request-state-workforce-pell-program-certification/) - The U.S. Department of Education has issued a request for a new information collection to develop a form for States to certify an institution's eligibility for eligible workforce programs. Interested persons are invited to submit comments on or by July 1, 2026. “The One Big Beautiful Bill Act (OBBBA) signed into law on July 4, - [Department of Education Announces New Partnerships to Support Students with Disabilities and Strengthen Civil Rights Enforcement](https://www.collegeaidservices.net/2026/06/17/department-of-education-announces-new-partnerships-to-support-students-with-disabilities-and-strengthen-civil-rights-enforcement/) - The U.S. Department of Education (ED) has announced four new interagency agreements designed to improve coordination across federal agencies, reduce administrative barriers, and strengthen services and protections for students and families. The partnerships involve the Departments of Health and Human Services (HHS) and Justice (DOJ) and build on a series of interagency agreements established over - [ED Issues Guidance on ECAR Program Additions and Earnings Accountability Reporting](https://www.collegeaidservices.net/2026/06/15/ed-issues-guidance-on-ecar-program-additions-and-earnings-accountability-reporting/) - The U.S. Department of Education (Department) released new guidance on June 15, 2026, clarifying how institutions must update their Eligibility and Certification Approval Report (ECAR) to comply with the upcoming Earnings Accountability framework and Student Tuition and Transparency System (STATS) The ECAR outlines a school’s eligibility status for participation in the Title IV federal student - [FSA Partner Connect Spring 2026 Enhancements Streamline Access Management and Administrative Processes](https://www.collegeaidservices.net/2026/06/15/fsa-partner-connect-spring-2026-enhancements-streamline-access-management-and-administrative-processes/) - Federal Student Aid (FSA) has released its Spring 2026 enhancements for FSA Partner Connect, introducing several updates designed to reduce administrative burden and improve the user experience for schools and servicers. The latest enhancements focus on making access management more efficient, improving visibility into SAIG service enrollments, streamlining administrator assignments, and simplifying organizational transitions. Collectively, - [Comment Request: Teacher Cancellation Low Income Directory](https://www.collegeaidservices.net/2026/06/15/comment-request-teacher-cancellation-low-income-directory/) - The Department of Education is requesting OMB approval for a reinstatement without change to 1845-0077 Teacher Cancellation Low Income Directory. The Higher Education Act of 1965, as amended, (HEA) allows for up to a one hundred percent cancellation of a Federal Perkins Loan and loan forgiveness of a Federal Family Education Loan and Direct Loan - [Comment request: Student Assistance General Provision-Subpart E-Verification Student Aid Application Information](https://www.collegeaidservices.net/2026/06/15/comment-request-student-assistance-general-provision-subpart-e-verification-student-aid-application-information-2/) - The U.S. Department of Education has issued a request is for a reinstatement without change of the information collection supporting the policies and reporting requirements contained in Subpart E of Part 668—Verification and Updating of Student Aid Application Information. Sections 668.53, 668.54, 668.55, 668.56, 668.57, 668.59 and 668.61 contain information collection requirements (OMB control number - [2027–28 Student Aid Index and Pell Grant Eligibility Guide](https://www.collegeaidservices.net/2026/06/14/2027-28-student-aid-index-and-pell-grant-eligibility-guide/) - Federal Student Aid has announced the availability of the 2027–28 Student Aid Index (SAI) and Pell Grant Eligibility Guide. The guide includes methodology for determining eligibility for federal student aid, and the worksheets and tables used to determine a student’s SAI for the 2027–28 award year. Access the guide here. - [2027–28 FAFSA Specifications Guide (June 2026 Update)](https://www.collegeaidservices.net/2026/06/14/2027-28-fafsa-specifications-guide-june-2026-update/) - FSA has announced the posting of the initial version of Volume 5 of the 2027–28 FAFSA Specifications Guide. Current volumes available are: Introduction Volume 4A (Record Layouts) ISIR Record Layout Volume 4B (Processing Codes) Volume 5 (Edits and Rejects) Volume 8 (Agency Matches) FSA will publish additional volumes in July and August 2026. FSA will - [COD System Implementation for 2026–27 Award Year](https://www.collegeaidservices.net/2026/04/24/cod-system-implementation-for-2026-27-award-year/) - On April 26, 2026, FSA will implement Common Origination and Disbursement (COD) System functionality that supports the processing of Federal Pell Grant, Teacher Education Assistance for College and Higher Education Grant, and William D. Ford Federal Direct Loan awards and supports the Campus-Based programs for the 2026–27 award year. The U.S. Department of Education is - [ED Clarifies Comment Code 352 and Removes Associated FPS C Flag](https://www.collegeaidservices.net/2026/06/09/ed-clarifies-comment-code-352-and-removes-associated-fps-c-flag/) - The U.S. Department of Education (ED) has announced an important update regarding 2026–27 ISIRs that were reprocessed on May 25, 2026, and assigned Comment Code 352 along with an FPS C Flag. Why Were These ISIRs Reprocessed? ED generated new ISIR transactions to identify borrowers who may qualify for the pre-One Big Beautiful Bill Act - [Comment Request: Federal Work Study Wages for Student Aid Index](https://www.collegeaidservices.net/2026/06/06/comment-request-federal-work-study-wages-for-student-aid-index/) - The Department of Education has issued a 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 - [NSLDS Reports for Schools Guide (June 2026)](https://www.collegeaidservices.net/2026/06/05/nslds-reports-for-schools-guide-june-2026/) - FSA has announced the availability of an updated NSLDS Reports for Schools Guide. This guide provides detailed information to help school users better understand the National Student Loan Data System (NSLDS®) reports that are available, the various report formats, and how to request each type of report. This updated guide, dated June 2026, replaces the - [Interest Rates for Federal Direct Loans First Disbursed Between July 1, 2026 and June 30, 2027](https://www.collegeaidservices.net/2026/06/05/interest-rates-for-federal-direct-loans-first-disbursed-between-july-1-2026-and-june-30-2027/) - The U.S. Department of Education has published the rates for Federal Direct Loans first disbursed between July 1, 2026 and June 30, 2027. Federal Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans first disbursed on or after July 1, 2013, have fixed interest rates that are determined in accordance with formulas specified in - [Effective Dates for Workforce Pell and Federal Pell Grant Ineligibility Provisions](https://www.collegeaidservices.net/2026/06/05/effective-dates-for-workforce-pell-and-federal-pell-grant-ineligibility-provisions/) - On May 19, 2026, the U.S. Department of Education (Department) published a final rule implementing two provisions of the Working Families Tax Cuts Act (the Act): establishment of new Workforce Pell Grants and new provisions that make students ineligible for Federal Pell Grants if they receive nonfederal aid in an amount that equals or exceeds their cost of - [Federal Need Analysis Methodology for the 2027-28 Award Year](https://www.collegeaidservices.net/2026/06/03/federal-need-analysis-methodology-for-the-2027-28-award-year/) - The Department of Education has announced the annual updates to the tables used in the statutory Federal Need Analysis Methodology. The Needs Analysis Methodology determines a student's Student Aid Index for award year 2027-28. To view the Federal Register publication, click here. - [Real-Time FAFSA Results Launches](https://www.collegeaidservices.net/2026/06/02/real-time-fafsa-results-launches/) - FSA has announce the launch of real-time FASFA results for students and provides immediate visibility of processed ISIRs for financial aid administrators in the FAFSA Partner Portal. What’s Changing for Students As of May 31, 2026, students and contributors who sign and submit an initial application or correction of a 2025–26 or 2026–27 FAFSA form will - [Department of Education Shares Best Practices to Prevent FAFSA Fraud](https://www.collegeaidservices.net/2026/06/01/department-of-education-shares-best-practices-to-prevent-fafsa-fraud/) - As fraud involving stolen identities, synthetic applicants, and organized fraud rings continues to impact colleges and universities nationwide, the U.S. Department of Education recently issued new guidance outlining best practices institutions can use to strengthen fraud prevention efforts and safeguard Title IV funds. The Department emphasized that institutions play a critical role in identifying suspicious - [OMB Proposes Changes to Federal Financial Assistance Regulations](https://www.collegeaidservices.net/2026/06/01/regulation-for-federal-financial-assistance/) - On May 29, 2026, the Office of Management and Budget (OMB) published a proposed rule that would make significant changes to federal financial assistance regulations and the government-wide Uniform Guidance framework used to administer federal awards. The proposal includes revisions affecting federal grants, cooperative agreements, cost principles, funding opportunities, and recipient compliance requirements. While the - [Comment Request: 2027-2028 Free Application for Federal Student Aid (FAFSA)](https://www.collegeaidservices.net/2026/06/01/comment-request-2027-2028-free-application-for-federal-student-aid-fafsa/) - FSA has published the 2027-2028 FASFA for comments in the Federal Register. Interested persons are invited to submit comments on or before June 25, 2026. "Federal Student Aid (FSA), an office of the U.S. Department of Education, subsequently developed an application process to collect and process the data necessary to determine a student's eligibility to - [2025–26 FAFSA Specifications Guide (May 2026 Update)](https://www.collegeaidservices.net/2026/06/01/2025-26-fafsa-specifications-guide-may-2026-update/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on May 27, 2026: FSA has updated Volumes 5 and 7. For more information, - [Comment Request: Computer Matching Program Between the Department of Education and the Department of Veterans Affairs](https://www.collegeaidservices.net/2026/05/20/comment-request-computer-matching-program-between-the-department-of-education-and-the-department-of-veterans-affairs/) - The Department of Education has announced the proposed re-establishment of its Computer Matching Agreement (CMA) with the VA, extending a long-standing process that helps ensure veterans receive the financial aid benefits they are entitled to while maintaining compliance with federal privacy regulations. The current agreement is set to expire on June 26, 2026, unless renewed. - [Summer 2026 Campus-Based School Testing for Schools Reporting Federal Work-Study Wages](https://www.collegeaidservices.net/2026/05/19/summer-2026-campus-based-school-testing-for-schools-reporting-federal-work-study-wages/) - The FSA Partner and School Relations Center will conduct Campus-Based school testing for schools reporting Federal Work-Study (FWS) wages using the Campus-Based Common Record XML Schema Version 1.0b (Campus-Based schema) from May 19, 2026, through Sept. 30, 2026. Campus-Based school testing provides schools, third-party servicers, and software providers an opportunity to test Campus-Based program business processes - [Comment Request: Federal Perkins Loan Program Regulations and General Provisions Regulations](https://www.collegeaidservices.net/2026/05/19/comment-request-federal-perkins-loan-program-regulations-and-general-provisions-regulations-2/) - The U.S. Department of Education has issued a request for continued approval of the reporting, disclosure and records maintenance requirements that are contained in the Student Assistance General Provisions regulations, the Federal Perkins Loan program, the Federal Work-Study program, and the Federal Supplemental Educational Opportunity Grant program. The Department is seeking an extension of the - [Comment Request: Generic Clearance for the Collection of Qualitative Feedback on Agency Service Delivery](https://www.collegeaidservices.net/2026/05/19/comment-request-generic-clearance-for-the-collection-of-qualitative-feedback-on-agency-service-delivery/) - The U.S. Department of Education published a Federal Register notice seeking public comment on a proposed extension of its "Generic Clearance for the Collection of Qualitative Feedback on Agency Service Delivery." The request is part of the federal government’s ongoing effort to improve customer experience and evaluate how effectively Federal Student Aid (FSA) delivers services - [2026–2027 COD Technical Reference (May 2026 Update)](https://www.collegeaidservices.net/2026/05/18/2026-2027-cod-technical-reference-may-2026-update/) - FSA has updated the 2026–2027 COD Technical Reference guide to add volumes 3 and 4. Volume 3: Combination System Supplement Volume 4: Campus-Based Processing Technical Reference Access the COD Technical Reference Guide here. - [Final Workforce Pell Rule Published in the Federal Register](https://www.collegeaidservices.net/2026/05/18/final-workforce-pell-rule-published-in-the-federal-register/) - The U.S. Department of Education has officially published the Final Rule implementing the Workforce Pell Grant program authorized under the One Big Beautiful Bill Act (OBBBA), marking a major milestone in the expansion of federal financial aid access for short-term workforce training programs. The Final Rule follows the Department’s Accountability in Higher Education and Access - [NSLDS Transfer Student Monitoring & Financial Aid History User Guide and Record Layouts](https://www.collegeaidservices.net/2026/03/13/nslds-transfer-student-monitoring-financial-aid-history-user-guide-and-record-layouts/) - FSA has announced the availability of the updated NSLDS Transfer Student Monitoring & Financial Aid History User Guide and Record Layouts. The user guide provides step-by-step instructions for using Transfer Student Monitoring (TSM) online, describes how to request Financial Aid History (FAH), and includes detailed information about the TSM/FAH batch process. This March 2026 update - [FAFSA Real-Time Fraud Detection Update: 300K+ apps selected for V5](https://www.collegeaidservices.net/2026/05/15/fafsa-real-time-fraud-detection-update-300k-apps-selected-for-v5/) - The Department of Education has completed a one-time fraud detection review of all 2026–27 FAFSA applications submitted before real-time fraud screening was implemented. Following this review, approximately 300,000 FAFSA applications have been placed into Verification Tracking Group V5 due to indicators associated with suspected fraud risk. Schools will receive system-generated ISIR transactions for affected students, - [2026–2027 Federal Student Aid Handbook – Volumes 1 and 9 Now Available](https://www.collegeaidservices.net/2026/05/15/2026-2027-federal-student-aid-handbook-volumes-1-and-9-now-available/) - FSA has announced the availability of Volumes 1 and 9 of the 2026–2027 Federal Student Aid Handbook. These volumes discuss the following: Volume 1: Student Eligibility discusses the eligibility requirements for student and parent federal student aid recipients and financial aid administrators’ responsibilities to ensure that recipients qualify for their aid awards. Volume 9: The TEACH - [FY27 Sequester-Required Changes to the Title IV Student Aid Programs](https://www.collegeaidservices.net/2026/05/13/fy27-sequester-required-changes-to-the-title-iv-student-aid-programs/) - The U.S. Department of Education announced that the federal sequester-related adjustments to Title IV student aid programs for Fiscal Year 2027. Direct Loan Program The sequester increases the loan fees charged to Direct Loan borrowers for Direct Subsidized/Direct Unsubsidized and Direct PLUS Loans from their statutory rates of 1 percent and 4 percent, respectively. The - [Comment Request: State Authorization Collection](https://www.collegeaidservices.net/2026/05/13/comment-request-state-authorization-collection/) - The Department of Education requests reinstatement of this information collection regarding Institutional Eligibility regulations in § 600.9—State Authorization. The requirements to these regulations have not changed. The regulations in § 600.9(c)(2)(i) require an institution to determine in accordance with the institution's policies and procedures in which State a student is located while enrolled in a distance education - [Comment Request: Borrower Defense to Loan Repayment Collection](https://www.collegeaidservices.net/2026/05/12/comment-request-borrower-defense-to-loan-repayment-collection/) - The Department of Education has issued a request for a renewal without change of 1845-0163 Borrower Defense to Loan Repayment Universal Forms. The Department uses the information provided on the Universal Borrower Defense Application and Request for Reconsideration forms to determine eligibility for a borrower defense discharge. Interested persons are invited to submit comments on - [Draft 2027–28 FISAP, Instructions, and Technical Reference](https://www.collegeaidservices.net/2026/05/07/draft-2027-28-fisap-instructions-and-technical-reference/) - The Department of Education is currently revising the Fiscal Operations Report for 2025–26 and Application to Participate for 2027–28 (FISAP) for the Campus-Based programs. FSA is providing draft versions of the FISAP, accompanying instructions, and technical reference so schools can prepare the information needed for submission of their FISAP this fall. FSA will make the - [Comment Request: Cash Management Contract URL Collection](https://www.collegeaidservices.net/2026/05/07/comment-request-cash-management-contract-url-collection-2/) - The Department of Education (the Department) is seeking an extension of OMB control number 1845-0147 for the collection of URLs hosting institutional contracts and contract data relating to campus banking agreements. The regulatory sections for this collection include 34 CFR 668.164(e)(2)(viii) and 34 CFR 668.164(f)(4)(iii)(B), are unchanged. The Department and the public have a strong interest in - [College Aid Services Named to Inc.’s 2025 List of Fastest-Growing Private Companies in the Southeast](https://www.collegeaidservices.net/2025/04/01/college-aid-services-named-to-inc-s-2025-list-of-fastest-growing-private-companies-in-the-southeast/) - College Aid Services has been named No. 181 on Inc.'s prestigious fifth annual Inc. Regionals: Southeast list, recognizing the fastest-growing private companies in the Southeast. The list, an extension of the national Inc. 5000, highlights the most successful and dynamic independent small businesses across South Carolina, Kentucky, Tennessee, Georgia, Arkansas, Alabama, Mississippi, Louisiana, Florida, and - [REMINDER: Annual UEI Registration Renewal With SAM Website](https://www.collegeaidservices.net/2026/05/06/reminder-annual-uei-registration-renewal-with-sam-website/) - Federal Student Aid (FSA) has issued a reminder to institutions that receive Title IV funds. Institutions must have a Unique Entity ID (UEI) registered in the General Services Administration System for Award Management (SAM) website, and the institution must renew the UEI each year. G5 verifies that a UEI is active before carrying out administrative - [2027–28 FAFSA Specifications Guide](https://www.collegeaidservices.net/2026/05/06/2027-28-fafsa-specifications-guide/) - Federal Student Aid has announced the initial posting of the 2027–28 FAFSA Specifications Guide. The FAFSA Specifications Guide is designed to meet the reference needs of financial aid administrators, programmers, data processing staff, and other FSA partners who want to incorporate electronic Free Application for Federal Student Aid (FAFSA®) functionality into their institutional systems and - [Comment Request: Loan Rehabilitation Reasonable and Affordable Payments](https://www.collegeaidservices.net/2026/05/06/comment-request-loan-rehabilitation-reasonable-and-affordable-payments/) - The U.S. Department of Education has issued a request for an extension with change of the information collection for the form used to obtain standardized financial information from borrowers with defaulted Direct Loan (DL) or Federal Family Education Loan (FFEL) Program loans. This information is used by either the U.S. Department of Education or a - [EDExpress for Windows 2026–27, Release 2.0 Now Available](https://www.collegeaidservices.net/2026/05/01/edexpress-for-windows-2026-27-release-2-0-now-available/) - FSA has released EDExpress for Windows 2026–27, Release 2.0. This release builds on Release 1.0 by adding full processing functionality for key Title IV programs, including: Federal Pell Grant William D. Ford Direct Loan TEACH Grant These modules expand the system’s capabilities beyond the core features introduced earlier in the cycle (such as Application Processing and - [No Secrets Here: Consumer Information Explained (Part 1) – Webinar (Recording)](https://www.collegeaidservices.net/2026/04/21/no-secrets-here-consumer-information-explained-part-1-webinar-recording/) - Consumer Information requirements outline what information needs to be readily available to current and potential students and the public. Join us for part 1 of our Consumer Information Series as we break down the requirements relating specifically to financial aid administration. We will discuss the required notices, review acceptable dissemination formats, and provide tips and - [Comment Request: Student Assistance General Provisions-Subpart J-Approval of Independently Administered Tests](https://www.collegeaidservices.net/2026/05/01/comment-request-student-assistance-general-provisions-subpart-j-approval-of-independently-administered-tests-2/) - The Department of Education has issued a request for an extension without change of the approval for the reporting and recordkeeping requirements that are contained in the information collection 1845-0049 for Student Assistance General Provision in the regulations in Subpart J-Approval of Independently Administered Tests; Specification of Passing Score; Approval of State Process. There are - [RISE Final Rule Released - New Loan Limits and Repayment Programs](https://www.collegeaidservices.net/2026/05/01/rise-final-rule-released-new-loan-limits-and-repayment-programs/) - The U.S. Department of Education has officially released the final RISE (Reimagining and Improving Student Education) rule, introducing comprehensive updates to federal student loan programs under Title IV. This final rule reflects statutory changes and establishes a new framework for how students and families borrow and repay federal loans going forward. The rule is now - [2026–27 Federal School Code List of Participating Schools as of May 2026](https://www.collegeaidservices.net/2026/04/29/2026-27-federal-school-code-list-of-participating-schools-as-of-may-2026/) - FSA has announced the availability of the updated 2026–27 Federal School Code (FSC) List of Participating Schools. The FSC List contains unique codes assigned by the U.S. Department of Education for schools participating in the Title IV federal student aid programs. Students enter these codes on the Free Application for Federal Student Aid (FAFSA®) form - [NSLDS Eligibility Processing Updates for the One Big Beautiful Bill Act](https://www.collegeaidservices.net/2026/04/27/nslds-eligibility-processing-updates-for-the-one-big-beautiful-bill-act/) - Federal Student Aid released new guidance outlining how the National Student Loan Data System (NSLDS) is being updated to support changes from the One Big Beautiful Bill Act (OBBBA). These updates went live April 26, 2026, ahead of the July 1, 2026 implementation of new federal loan limits and eligibility rules. At a high level, - [April FSA Webinar Recordings Now Available, With Key Update on Grad PLUS](https://www.collegeaidservices.net/2026/04/22/april-fsa-webinar-recordings-now-available-with-key-update-on-grad-plus/) - FSA has released recordings and materials from its April webinar series covering implementation of the One Big Beautiful Bill Act and upcoming federal student loan changes. The sessions, which drew significant attention from financial aid administrators, focused on new loan limits, the interim exception for legacy borrowers, and operational considerations for schools ahead of the - [Federal Family Education Loan Program Special Allowance Rates for the Quarter Ending March 31, 2026](https://www.collegeaidservices.net/2026/04/22/federal-family-education-loan-program-special-allowance-rates-for-the-quarter-ending-march-31-2026/) - The U.S. Department of Education has released the Federal Family Education Loan (FFEL) Program Special Allowance Rates for the quarter ending March 31, 2026, outlining key interest rate calculations that impact lenders’ return on eligible FFEL loans. This update provides important reference points for compliance, financial planning, and operational accuracy. Below is an overview of - [ADA Digital Accessibility Rule Takes Effect for Public Colleges: What Enrollment Management Needs to Know](https://www.collegeaidservices.net/2026/04/07/ada-digital-accessibility-rule-takes-effect-for-public-colleges-what-enrollment-management-needs-to-know/) - Update: April 20, 2026 - The Department of Justice issued an Interim Final Rule revising the regulations implementing title II of the Americans with Disabilities Act to extend the compliance dates for the requirements for web content and mobile application accessibility that were adopted on April 24, 2024. The compliance date for State and local - [FSA “One Big Beautiful Bill Act” Webinar Series - April 2026](https://www.collegeaidservices.net/2026/04/02/fsa-one-big-beautiful-bill-act-webinar-series-april-2026/) - Federal Student Aid (FSA) has announced a new live webinar series beginning in April 2026 to help the financial aid community prepare for implementation of the One Big Beautiful Bill Act (OBBBA). These sessions will offer an opportunity to ask questions and receive updates on key topics related to the implementation of the OBBBA, addressing - [Comment Request: Income Driven Repayment Plan Request for the William D. Ford Federal Direct Loans and Federal Family Education Loan Programs](https://www.collegeaidservices.net/2026/04/20/comment-request-income-driven-repayment-plan-request-for-the-william-d-ford-federal-direct-loans-and-federal-family-education-loan-programs/) - On April 20, 2026, the U.S. Department of Education published a Federal Register notice requesting public comments on proposed updates to the Income‑Driven Repayment (IDR) Plan Request Form used for William D. Ford Federal Direct Loans and Federal Family Education Loan (FFEL) Programs. "The Department is updating the currently approved IDR Request Form that is - [Maximum HEAL Program Interest Rates for Quarter Ending June 30, 2026](https://www.collegeaidservices.net/2026/04/20/maximum-heal-program-interest-rates-for-quarter-ending-june-30-2026/) - The U.S. Department of Education has published the maximum Health Education Assistance Loan (HEAL) Program interest rates for the quarter ending June 30, 2026. These updated rates are now available in the “Current Maximum Interest Rates” section of the HEAL Interest Rates page of the HEAL Information area on the FSA Knowledge Center website. Alongside the current rates, the - [NPRM Published for AHEAD: Accountability in Higher Education and Access through Demand-driven Workforce Pell](https://www.collegeaidservices.net/2026/03/06/nprm-published-for-ahead-accountability-in-higher-education-and-access-through-demand-driven-workforce-pell/) - The U.S. Department of Education has published in the Federal Register the first Notice of Proposed Rulemaking (NPRM) for the Accountability in Higher Education and Access through Demand-driven Workforce Pell (AHEAD) initiative. This first NPRM focuses specifically as it relates to the Pell Grant program. The NPRM springs from the work of the AHEAD Committee, - [NPRM Published for AHEAD: Student Tuition and Transparency System and Earnings Accountability](https://www.collegeaidservices.net/2026/04/17/nprm-published-for-ahead-student-tuition-and-transparency-system-and-earnings-accountability/) - The U.S. Department of Education has published in the Federal Register the second Notice of Proposed Rulemaking (NPRM) from the Accountability in Higher Education and Access through Demand-driven Workforce Pell (AHEAD) initiative. This NPRM focuses specifically as it relates to Student Tuition and Transparency System and Earnings Accountability. Under the proposed rule, if the typical - [Comment Request: Federal Direct Loan Program Regulations for Forbearance and Loan Rehabilitation](https://www.collegeaidservices.net/2026/03/30/comment-request-federal-direct-loan-program-regulations-for-forbearance-and-loan-rehabilitation/) - The One Big Beautiful Bill Act (OBBBA) signed into law by President Trump on July 4, 2025 includes provisions that affect this collection; specifically, 34 CFR 685.205 Loan Rehabilitation. The Department published a Notice of Proposed Rulemaking on January 30, 2026 (91 FR 4254) and this notice captures burden changes for this requirement. That burden is assigned to 1845-0021 - [Comment Request: Fiscal Operations Report for 2025-2026 and Application To Participate 2027-2028 (FISAP) and Reallocation Form](https://www.collegeaidservices.net/2026/03/31/comment-request-fiscal-operations-report-for-2025-2026-and-application-to-participate-2027-2028-fisap-and-reallocation-form/) - The Higher Education Act of 1965, as amended, requires participating Title IV Institutions to apply for funds and report expenditures for the Federal Perkins Loan (Perkins), the Federal Supplemental Educational Opportunity Grant (FSEOG) and the Federal Work-Study (FWS) Programs on an annual basis. The data submitted electronically in the Fiscal Operations Report and Application to Participate (FISAP) - [Comment Request: Third Party Servicer Data Collection](https://www.collegeaidservices.net/2026/04/08/comment-request-third-party-servicer-data-collection/) - The Department is seeking a reinstatement with change of information collection 1845-0130, covering a Third-Party Servicer Data Inquiry form. This form collects information from third party servicers. The HEA allows institutions of higher education to outsource aspects of their participation in Title IV programs. Any individual or entity that contracts with or performs work on behalf of - [Comment Request: Prison Education Program Application](https://www.collegeaidservices.net/2026/04/15/comment-request-prison-education-program-application/) - Prison Education Programs (PEP) is authorized under section 484(t) of the Higher Education Act of 1965, as amended (HEA) with the requirements for participation outlined in 34 CFR 668, Subpart P. These are the regulatory requirements for a school to offer a PEP to confined or incarcerated students. The Department of Education has published a request - [Comment Request: Application for Approval To Participate in Federal Student Aid Programs](https://www.collegeaidservices.net/2026/04/15/comment-request-application-for-approval-to-participate-in-federal-student-aid-programs-2/) - Section 487(c) of the Higher Education Act (HEA) of 1965, as amended, requires that the Secretary of Education prescribe regulations to ensure that any funds postsecondary institutions receive under the HEA are used solely for the purposes specified in and in accordance with the provision of the applicable programs. The One Big Beautiful Bill Act (OBBBA), - [2025–26 Verification Reporting and Verification Status Code “W” Warning Message](https://www.collegeaidservices.net/2026/04/16/2025-26-verification-reporting-and-verification-status-code-w-warning-message/) - The Department of Education released guidance reminding schools to resolve 2025 to 26 verification records, with a specific focus on students still reported with verification status code “W.” A “W” status indicates the school made an interim Pell Grant disbursement to a student selected for verification but has not yet completed the verification process. This - [Comment Request: Joint Consolidation Loan Separation Application](https://www.collegeaidservices.net/2026/04/16/comment-request-joint-consolidation-loan-separation-application/) - The Joint Consolidation Loan Separation Act (JCLSA), amended the Higher Education Act of 1965, as amended (HEA) to allow joint consolidation co-borrowers to apply to separate an existing joint Direct Consolidation Loan or Federal Consolidation Loan into individual Direct Consolidation Loans. The HEA, as amended by the JCLSA, requires joint consolidation loan borrowers to apply - [Comment Request: William D. Ford Federal Direct Loan Program (Direct Loan Program) Promissory Notes and Related Forms](https://www.collegeaidservices.net/2026/04/16/comment-request-william-d-ford-federal-direct-loan-program-direct-loan-program-promissory-notes-and-related-forms/) - Section 455(i) of the Higher Education Act of 1965, as amended (the HEA) requires the U.S. Department of Education (the Department) to develop, print, and distribute a standard promissory note to schools that participate in the William D. Ford Federal Direct Loan Program (Direct Loan Program). The One Big Beautiful Bill Act (OBBBA) signed into law on - [FAFSA Real-Time Fraud Detection Launching April 26 with a set of New Comment and Reject Codes](https://www.collegeaidservices.net/2026/04/15/fafsa-real-time-fraud-detection-launching-april-26-with-a-set-of-new-comment-and-reject-codes/) - The U.S. Department of Education continues to ramp up efforts to combat widespread financial aid fraud by introducing real-time fraud detection within FAFSA processing. This latest update represents a major shift from post-processing flags to immediate identification of suspicious applications, allowing institutions to intervene earlier and prevent improper disbursements. Starting on April 26, 2026, the - [2026–27 FAFSA Specifications Guide (April 2026 Update)](https://www.collegeaidservices.net/2026/04/15/2026-27-fafsa-specifications-guide-april-2026-update/) - The FAFSA Specifications Guide has been updated with new reject and comment codes as a result of the FAFSA Real-Time Fraud Detection that is launching on April 26, 2026. Updates are available to the following volumes: Volume 1 – Summary of Changes Volume 5 – Edits and Rejects Volume 7- Comment Codes Access the guide - [Updated 2026–27 FAFSA Preview Presentation Available](https://www.collegeaidservices.net/2026/04/14/updated-2026-27-fafsa-preview-presentation-available/) - FSA has updated the 2026–27 FAFSA Preview Presentation to reflect recent changes to the FAFSA® form. These changes include an improved college search feature and a new sign and submit process. Additionally, FSA has added new orientation slides to each scenario in the presentation and reordered the scenarios based on user feedback. The purpose of - [2025–26 Federal Student Aid Handbook - Volume 2 Now Available](https://www.collegeaidservices.net/2026/04/12/2025-26-federal-student-aid-handbook-volume-2-now-available/) - The U.S. Department of Education is pleased to announce the publication of Volume 2 of the 2025–2026 Federal Student Aid Handbook. Volume 2: School Eligibility and Operations discusses colleges’ general obligations in administering the Title IV student aid programs: institutional and program eligibility, administrative requirements, audits, record keeping, program reviews, and providing information to the public. The Federal Student Aid - [FSA Reminds Schools to Disclose Related Party Transactions in Audited Financial Statements](https://www.collegeaidservices.net/2024/11/01/fsa-reminds-schools-to-disclose-related-party-transactions-in-audited-financial-statements/) - The electronic announcement below describes the federal requirements for Title IV institutions to disclose all related party transactions in their audited financial statements in accordance with guidance set by the AICPA. Schools that fail to properly report these transactions will will have their financial statements rejected by the Department and could face administrative action depending - [Institutions Receive Draft FVT/GE Completers List, 60-Day Correction Windows Begins (Aug. 30 Update)](https://www.collegeaidservices.net/2024/09/03/institutions-receive-draft-fvt-ge-completers-list-60-day-correction-windows-begins-aug-30-update/) - Update on April 7, 2026: In a March 20, 2026, Electronic Announcement, the Department informed the financial aid community that they are exercising their authority and will not take enforcement actions under certain specific provisions in 34 CFR 668.23(d)(1). Therefore, enforcing the requirement for financial statements, submitted to the Department for fiscal years beginning on or after - [Institutions Receive Draft FVT/GE Completers List, 60-Day Correction Windows Begins](https://www.collegeaidservices.net/2024/08/05/institutions-receive-draft-fvt-ge-completers-list-60-day-correction-windows-begins/) - FSA released a draft of the Financial Value Transparency and Gainful Employment (FVT/GE) Completers List: a document that contains important GE data (i.e. Debt-to-Earnings, Earnings Premium measures, etc.) to evaluate the financial outcomes of educational programs. Schools enrolled in the NSLDS reporting system have access to the draft through their SAIG mailbox and have until - [2026-27 Award Year Deadline Dates: Federal Perkins Loan, Federal Work-Study, and Federal Supplemental Educational Opportunity Grant Programs](https://www.collegeaidservices.net/2026/04/08/2026-27-award-year-deadline-dates-federal-perkins-loan-federal-work-study-and-federal-supplemental-educational-opportunity-grant-programs/) - The U.S. Department of Education has published the official deadline dates for the 2026–27 award year for three key campus-based aid programs: Federal Perkins Loan Federal Work-Study (FWS) Federal Supplemental Educational Opportunity Grant (FSEOG) These annual deadlines outline when institutions must submit required reports, applications, and waiver requests to remain eligible for funding and program - [Comment Request: National Student Loan Data System (NSLDS)](https://www.collegeaidservices.net/2026/04/08/comment-request-national-student-loan-data-system-nslds/) - The U.S. Department of Education is requesting public comment on a proposal to reinstate—without changes—the National Student Loan Data System (NSLDS) data collection. Title IV, Part G of the Higher Education Act of 1965, as amended, (HEA) as further amended by the 1998 Amendments to the HEA (Pub. L. 105-244) section 485B, requires the Secretary - [SAP Done Right: Building a Review Program That Works – Webinar (Recording)](https://www.collegeaidservices.net/2026/03/17/sap-done-right-building-a-review-program-that-works-webinar-recording/) - Building a successful Satisfactory Academic Progress process is a foundation block of campus compliance. In this webinar, we will focus on the requirements of SAP, provide insight into building a consistent review process, and discuss pitfalls to avoid and best practices to incorporate. Join us for this insightful discussion designed to strengthen your campus SAP - [Guidance: Prison Education Programs - Best Interest Determination](https://www.collegeaidservices.net/2026/04/07/guidance-prison-education-programs-best-interest-determination/) - FSA has issued guidance for institutions with Prison Education Programs and their oversight entities on how to complete and report the best interest determination as required under 34 CFR 668.241. The FAFSA Simplification Act (Act) was enacted into law as part of the Consolidated Appropriations Act, 2021, and amended by the Consolidated Appropriations Act, 2022. The Act eliminated the - [2026–2027 Federal Student Aid Handbook - Application and Verification Guide Now Available](https://www.collegeaidservices.net/2026/04/03/2026-2027-federal-student-aid-handbook-application-and-verification-guide-now-available/) - FSA has announced the availability of the initial volume of the 2026–2027 Federal Student Aid Handbook, the 2026–2027 Application and Verification Guide. The Application and Verification Guide is intended for financial aid administrators and counselors who assist applicants with the beginning of the financial aid process, submitting the Free Application for Federal Student Aid (FAFSA®) - [2026–27 Federal Work-Study Program Community Service Waiver Requests](https://www.collegeaidservices.net/2026/04/02/2026-27-federal-work-study-program-community-service-waiver-requests/) - The Department of Education has released updated guidance for institutions seeking a waiver of the Federal Work-Study (FWS) community service requirements for the 2026–27 award year. What’s required? Schools participating in FWS must: Allocate at least 7% of their FWS funds to student wages for community service jobs, and Employ at least one student as - [Apply by April 23, 2026 for Title III Eligibility & FWS/FSEOG Waiver](https://www.collegeaidservices.net/2026/03/31/apply-by-april-23-2026-for-title-iii-eligibility-fws-fseog-waiver/) - The U.S. Department of Education has released guidance for institutions seeking FY 2026 designation as a Title III eligible institution, with applications due by April 23, 2026. Why This Matters Institutions designated as Title III eligible may qualify for a waiver of the non-federal share requirement for: Federal Work-Study (FWS) Federal Supplemental Educational Opportunity Grant - [2026–27 FAFSA Specifications Guide (March 2026 Update #2)](https://www.collegeaidservices.net/2026/03/31/2026-27-fafsa-specifications-guide-march-2026-update-2/) - FSA has added additional 2026–27 ISIR test files to Volume 9. This additional set of system-generated ISIRs includes updates required by the One Big Beautiful Bill Act, as described in Electronic Announcement APP-26-02. These system changes will go live on April 26, 2026. Access the guide here: 2026–27 FAFSA Specifications Guide (March 2026 Update #2) - [ED Releases Final 2026–27 Campus-Based Funding Authorizations](https://www.collegeaidservices.net/2026/03/30/ed-releases-final-2026-27-campus-based-funding-authorizations/) - The Department of Education has released final funding authorizations for the 2026–27 Campus-Based programs, confirming institutional allocations for the Federal Work-Study (FWS) and Federal Supplemental Educational Opportunity Grant (FSEOG) programs. For the 2026–27 award year, Congress appropriated: Federal Work-Study (FWS): ~$1.23 billion FSEOG: ~$910 million These final allocations reflect statutory formulas applied to institutional data - [ED Issues Updated Guidance on Borrower Defense School Notification Process](https://www.collegeaidservices.net/2026/03/30/ed-issues-updated-guidance-on-borrower-defense-school-notification-process/) - The U.S. Department of Education (ED) has resumed adjudicating borrower defense to repayment (BDR) applications not impacted by the Sweet v. McMahon settlement, resulting in an increase in claims received by institutions. Updated guidance from ED outlines how schools are notified of BDR claims under both the 1994 and 2016 regulations and provides key information - [FSA Seeks Volunteers to Provide Input on Partner Services](https://www.collegeaidservices.net/2026/03/30/fsa-seeks-volunteers-to-provide-input-on-partner-services/) - Federal Student Aid is seeking volunteers who are involved in the administration of Title IV financial aid and are interested in providing feedback, ideas, and expertise on FSA partner products and services. This includes tools and systems such as Partner Connect, the FAFSA Partner Portal, the FAFSA Processing System, and other services that support Title - [U.S. Department of Education Announces Next Steps for Borrowers Enrolled in the SAVE Plan](https://www.collegeaidservices.net/2026/03/30/u-s-department-of-education-announces-next-steps-for-borrowers-enrolled-in-the-save-plan/) - The U.S. Department of Education has announced next steps for the millions of student loan borrowers who were enrolled in the SAVE repayment plan. With the program now ending, borrowers will need to transition into a new federal repayment option. Roughly 7–7.5 million borrowers will be impacted. The Department is beginning direct outreach to guide - [Return of Title IV Funds (R2T4) Regulations effective July 1, 2026](https://www.collegeaidservices.net/2026/03/28/return-of-title-iv-funds-r2t4-regulations-effective-july-1-2026/) - FSA has released new guidance to support institutions in implementing updated Return of Title IV Funds (R2T4) regulations, which take effect July 1, 2026. These changes stem from the January 3, 2025 final rule and are designed to improve clarity, consistency, and accuracy in how schools handle student withdrawals and federal aid. If your institution - [FAFSA Milestone: 10 Million Forms Completed and New Transparency Efforts Announced](https://www.collegeaidservices.net/2026/03/27/fafsa-milestone-10-million-forms-completed-and-new-transparency-efforts-announced/) - The U.S. Department of Education recently announced a major milestone: more than 10 million Free Application for Federal Student Aid (FAFSA®) forms have been successfully completed for the current cycle. This benchmark highlights strong engagement from students and families seeking financial aid for college. FAFSA completion is a critical step in accessing federal financial aid, - [ED moving out of its current headquarters](https://www.collegeaidservices.net/2026/03/27/ed-moving-out-of-its-current-headquarters/) - The Department of Education announced that it is planning on moving out of its current headquarters at the Lyndon B. Johnson headquarters building in August 2026. ED will relocate to 500 D Street SW. The move is said to save taxpayers approximately $4.8 million annually in operating costs and eliminating wasted space due to the - [Distribution of FY 2023 Draft Cohort Default Rates and Appeal Timeline](https://www.collegeaidservices.net/2026/03/26/distribution-of-fy-2023-draft-cohort-default-rates-and-appeal-timeline/) - On March 23, 2026, the U.S. Department of Education (ED) distributed the Fiscal Year 2023 (FY 2023) draft cohort default rate (CDR) notification packages to all eligible domestic and foreign schools. In this announcement, ED provides information about the distribution of the draft rates and the beginning dates for appealing the draft rates. Key Action - [Comment Request: State Workforce Program Certification](https://www.collegeaidservices.net/2026/03/25/comment-request-state-workforce-program-certification/) - The U.S. Department of Education has published a notice seeking public comment on a new information collection related to State Workforce Pell Program certification. This request stems from the One Big Beautiful Bill Act (OBBBA), enacted in July 2025, which expanded Pell Grant eligibility to include certain workforce training programs. To qualify, these programs must - [Comment Request: Student Assistance General Provision-Subpart E-Verification Student Aid Application Information](https://www.collegeaidservices.net/2026/03/23/comment-request-student-assistance-general-provision-subpart-e-verification-student-aid-application-information/) - The Department of Education has issued a comment request for an extension of the information collection supporting the policies and reporting requirements contained in Subpart E of Part 668—Verification and Updating of Student Aid Application Information. Sections 668.53, 668.54, 668.55, 668.56, 668.57, 668.59 and 668.61 contain information collection requirements (OMB control number 1845-0041). This subpart - [FSA Clarifies Enforcement Approach for Audited Financial Statements](https://www.collegeaidservices.net/2026/03/20/fsa-clarifies-enforcement-approach-for-audited-financial-statements/) - FSA has issued new guidance addressing how it will enforce audited financial statement requirements under 34 CFR §668.23(d)(1). The announcement provides important clarification for institutions navigating regulatory changes introduced in 2023. While FSA is emphasizing stronger oversight in some areas, it is also delaying enforcement of several newer requirements that have proven difficult to implement. - [2026 Federal Student Aid Training Conference Recordings Now Available](https://www.collegeaidservices.net/2026/03/21/2026-federal-student-aid-training-conference-recordings-now-available/) - Session recordings from the March 2026 FSA Training Conference are now available. Head over to the @FSACommunications YouTube channel and access all available recordings by selecting the “FSATC 2026” playlist. The recordings and presentation materials are also posted on the FSA Training Conference website. To view a specific session, you can select it from the agenda. FSA’s next - [FSA Releases New E-App User Reference Guide](https://www.collegeaidservices.net/2026/03/16/fsa-releases-new-e-app-user-reference-guide/) - Federal Student Aid (FSA) has released a new E-App User Reference Guide to support institutions completing the Title IV Participation Application, also known as the E-App. This new resource provides detailed instructions for navigating the E-App and understanding reporting requirements. The E-App, available through FSA Partner Connect, is the primary tool institutions use to manage - [ED Shifts Defaulted Student Loan Collections to Treasury](https://www.collegeaidservices.net/2026/03/19/ed-shifts-defaulted-student-loan-collections-to-treasury/) - The U.S. Department of Education and the U.S. Department of the Treasury have announced a new collaboration, the Federal Student Assistance Partnership, aimed at strengthening the administration of federal student aid programs, with an initial focus on improving the management of defaulted student loans. Through this collaboration, Treasury will play a larger role in helping - [2026–27 FAFSA Specifications Guide (March 2026 Update)](https://www.collegeaidservices.net/2026/03/19/2026-27-fafsa-specifications-guide-march-2026-update/) - FSA has updated several volumes of the 2026–27 FAFSA Specifications Guide. Updated: Volume 1: Summary of Changes Volume 4A: Record Layouts The Excel version of the ISIR record layout Volume 4B: Processing Codes Volume 5: Edits and Rejects Volume 6: ISIR Guide Volume 7: Comment Codes For more information, review the Change History Table in - [Direct Loan Closeout for 2024–25: What Schools Need to Know](https://www.collegeaidservices.net/2026/03/18/direct-loan-closeout-for-2024-25-what-schools-need-to-know/) - The Department of Education has released guidance on closing out the 2024–25 Direct Loan award year, outlining key deadlines and reconciliation expectations for institutions. Key Deadline The Direct Loan closeout deadline is July 31, 2026 (the last processing day of July following the award year). Final Reconciliation is Critical To be considered successfully closed out, - [2026–2027 COD Technical Reference (March 2026 Update)](https://www.collegeaidservices.net/2026/03/17/2026-2027-cod-technical-reference-march-2026-update/) - FSA has updated the 2026–2027 COD Technical Reference guide to make minor corrections. Volumes 2 and 6 have been replaced and the changes are noted in the March 2026 Change Tracking Log. FSA also replaced the COD XML example “Pell Grant, TEACH Grant, and Direct Loan with Warning Edit Response” to fix a formatting issue. - [FSA Winter 2026 Webinar Series - Verification & Default Rate and Prevention Strategies](https://www.collegeaidservices.net/2026/01/14/fsa-winter-2026-webinar-series-verification-default-rate-and-prevention-strategies/) - Federal Student Aid (FSA) has released its Wednesday Webinar Series schedule for Winter 2026, offering live online sessions designed to help financial aid professionals stay current with federal Title IV guidance and operational practices. These webinars are part of the ongoing series that addresses critical topics for the higher education financial aid community and include - [Comment Request: Required Information for Annual Improper Payment Estimation](https://www.collegeaidservices.net/2026/03/16/comment-request-required-information-for-annual-improper-payment-estimation-2/) - The U.S. Department of Education has published a Federal Register notice requesting public comment on a proposed information collection titled “Required Information for Annual Improper Payment Estimation.” The notice was released by Federal Student Aid on March 16, 2026. Federal Student Aid (FSA) administers the Department of Education's Federal student financial aid programs authorized by - [Appendices Now Available for the 2025–26 Federal Student Aid Handbook](https://www.collegeaidservices.net/2026/03/16/appendices-now-available-for-the-2025-26-federal-student-aid-handbook/) - The U.S. Department of Education has announce the publication of the Appendices of the 2025–26 Federal Student Aid Handbook. Appendix A: Orientation to Online Resources Appendix B: Required Actions When a Student Dies Appendix C: The FSA Assessments Appendix D: Other School Reporting Requirements Appendix E: Institutional Reporting and Disclosure Requirements Appendix F: Higher Education - [FSA Data Center Reports Updated Through December 31, 2025](https://www.collegeaidservices.net/2026/03/14/fsa-data-center-reports-updated-through-december-31-2025/) - FSA has announced the release of updated reports on the FSA Data Center, the Department of Education’s central source for data about federal student aid programs. The update includes more than 70 refreshed quarterly reports covering applications, disbursements, and the federal loan portfolio with data through December 31, 2025. Key Highlights from the Latest Data - [Department of Education Issues Correction to Direct Loan Program Rule](https://www.collegeaidservices.net/2026/03/14/department-of-education-issues-correction-to-direct-loan-program-rule/) - The Department of Education is correcting a final rule that appeared in the Federal Register on October 31, 2025 (90 FR 19729). The final rule established regulations governing the Public Service Loan Forgiveness (PSLF) program in the William D. Ford Federal Direct Loan (Direct Loan) program under 34 CFR 685.219. Specifically, the corrections are: Duplicate definitions were - [SAIG Message Class File Update](https://www.collegeaidservices.net/2026/03/14/saig-message-class-file-update-3/) - On March 13, 2026, FSA sent the message class "MESSAGTB" via the Student Aid Internet Gateway (SAIG) to all user mailboxes. The EDconnect transmission software automatically requests, downloads, and imports this new message class table when the user connects to the SAIG network. After the software imports the MESSAGTB file, it uses the new message - [Comment Request: Federal Student Aid User Experience Design Research Generic Clearance](https://www.collegeaidservices.net/2026/03/14/comment-request-federal-student-aid-user-experience-design-research-generic-clearance/) - This is a request for a reinstatement without change of the 1845-0159 Federal Student Aid User Experience Design Research Generic Clearance. Executive Order 12862 directs Federal agencies to provide service to the public that matches or exceeds the best service available in the private sector. To continuously ensure that programs are effective and meet customers' - [Comment Request: Student Assistance General Provisions-Subpart K-Cash Management](https://www.collegeaidservices.net/2026/03/14/comment-request-student-assistance-general-provisions-subpart-k-cash-management/) - This request is for a reinstatement without change of the current information collection 1845-0038. This collection pertains to the recordkeeping requirements contained in the regulations related to the administration of the Subpart K—Cash Management section of the Student Assistance General Provisions. The regulatory language has not changed. These program regulations are designed to provide benefits - [Focus on Federal Work Study (FWS) - Webinar (Recording)](https://www.collegeaidservices.net/2026/02/17/focus-on-federal-work-study-fws-webinar-recording/) - Join us as we discuss the importance of Federal Work-Study (FWS) and review the rules and regulations surrounding the program. Our presenters will provide recommendations and best practices for the administration of the program, discussing topics such as the creation of job descriptions, tracking requirements, and monitoring spending and allocation. We will walk through scenarios - [Comment Request: Health Education Assistance Loan (HEAL) Program Regulations](https://www.collegeaidservices.net/2026/03/11/comment-request-health-education-assistance-loan-heal-program-regulations/) - The Department of Education has published a request for a reinstatement of OMB approval of information collection requirements associated with the Health Education Assistance Loan (HEAL) Program regulations for reporting, recordkeeping and notifications, previously approved under OMB No. 1845-0125. There has been no change to the regulatory language. Interested persons are invited to submit comments - [FAFSA Processing Updates for the One Big Beautiful Bill Act (Eligible Workforce Programs & Modified Loan Limits)](https://www.collegeaidservices.net/2026/03/10/fafsa-processing-updates-for-the-one-big-beautiful-bill-act-eligible-workforce-programs-modified-loan-limits/) - FSA has released an electronic announcement describing updates to several FSA systems and the FAFSA processing experience resulting from the One Big Beautiful Bill Act (OBBBA). The system changes are expected to go live on April 26, 2026. Eligible Workforce Programs FSA is updating the FAFSA Processing System (FPS) to account for the OBBBA change - [Education Department Partners with HHS and State Department to Manage School Safety Grants and Foreign Funding Reporting](https://www.collegeaidservices.net/2026/02/24/education-department-partners-with-hhs-and-state-department-to-manage-school-safety-grants-and-foreign-funding-reporting/) - The U.S. Department of Education has announced new partnerships with other federal agencies as part of an effort to streamline the administration of certain education programs. The agreements involve the Department of Health and Human Services (HHS) and the U.S. Department of State, which will assume responsibility for specific functions previously managed by the Education - [Annual Notice of Interest Rates for Fixed-Rate Federal Student Loans Made Under the William D. Ford Federal Direct Loan Program](https://www.collegeaidservices.net/2026/03/04/annual-notice-of-interest-rates-for-fixed-rate-federal-student-loans-made-under-the-william-d-ford-federal-direct-loan-program/) - The Chief Operating Officer for Federal Student Aid announces the interest rates for Federal Direct Stafford/Ford Loans (Direct Subsidized Loans), Federal Direct Unsubsidized Stafford/Ford Loans (Direct Unsubsidized Loans), and Federal Direct PLUS Loans (Direct PLUS Loans) made under the William D. Ford Federal Direct Loan (Direct Loan) Program, Assistance Listing Number 84.268, with first disbursement - [Annual Notice of Interest Rates for Variable-Rate Federal Student Loans Made Under the Federal Family Education Loan Program Prior to July 1, 2010](https://www.collegeaidservices.net/2026/03/04/annual-notice-of-interest-rates-for-variable-rate-federal-student-loans-made-under-the-federal-family-education-loan-program-prior-to-july-1-2010/) - The Chief Operating Officer for Federal Student Aid announces the interest rates for loans made under the Federal Family Education Loan (FFEL) Program, Assistance Listing Number 84.032, that have variable interest rates. The rates announced in this notice are in effect for the period July 1, 2025, through June 30, 2026. To view this Federal - [Annual Notice of Interest Rates for Variable-Rate Federal Student Loans Made Under the William D. Ford Federal Direct Loan Program](https://www.collegeaidservices.net/2026/03/04/annual-notice-of-interest-rates-for-variable-rate-federal-student-loans-made-under-the-william-d-ford-federal-direct-loan-program/) - The Chief Operating Officer for Federal Student Aid announces the interest rates for Federal Direct Stafford/Ford Loans (Direct Subsidized Loans), Federal Direct Unsubsidized Stafford/Ford Loans (Direct Unsubsidized Loans), and Federal Direct PLUS Loans (Direct PLUS Loan), Assistance Listing Number 84.268, with first disbursement dates before July 1, 2006, and for Federal Direct Consolidation Loans (Direct - [Comment Request: Accrediting Agencies Reporting Activities for Institutions and Programs-Database of Accredited Postsecondary Institution and Programs (DAPIP)](https://www.collegeaidservices.net/2026/03/04/comment-request-accrediting-agencies-reporting-activities-for-institutions-and-programs-database-of-accredited-postsecondary-institution-and-programs-dapip/) - Sections 496(a)(7) (a)(8) (c)(7) and (c)(8) of the Higher Education Act (HEA) and federal regulations at 34 CFR 34 CFR 602.26 and 602.27 contain certain requirements for reporting by recognized accrediting agencies to the Department on the institutions and programs the agencies accredit. This collection specifies the required and requested reporting. It also discusses the channel for reporting this - [Loan Servicing Update: Reporting Student Loan Interest Payments for 2025](https://www.collegeaidservices.net/2026/02/28/loan-servicing-update-reporting-student-loan-interest-payments-for-2025/) - As tax season approaches, FSA has released guidance on how student loan interest paid in 2025 will be reported for federal tax purposes. This information helps borrowers understand how and when they’ll receive IRS Form 1098-E, which reports interest paid on federal student loans and may support a tax deduction on their 2025 return. Under - [2026–2027 COD Technical Reference (Partial)](https://www.collegeaidservices.net/2026/02/28/2026-2027-cod-technical-reference-partial/) - FSA has posted a partial version of the 2026-2027 Common Origination and Disbursement (COD) Technical Reference which contains development information for the 2026–27 award year. 2026–2027 COD Technical Reference (Partial) Note: The 2025 One Big Beautiful Bill Act (OBBBA) makes numerous amendments to the Higher Education Act of 1965, as amended (HEA), some of which - [EDExpress 2025-26, Release 2.0 Service Release](https://www.collegeaidservices.net/2026/02/28/edexpress-2025-26-release-2-0-service-release/) - A new service release is available for EDExpress for Windows 2025–26, Release 2.0 that resolves an issue causing Direct Loan, Pell Grant, and TEACH Grant data for students from U.S. territories to reject at the COD System. This is a cumulative release that includes the software updates posted previously in the Release 2.0 service releases - [2024–25 Campus-Based Awards Closeout](https://www.collegeaidservices.net/2026/02/28/2024-25-campus-based-awards-closeout/) - FSA will complete closeout of all 2024–25 Campus-Based program awards by March 16, 2026, using the data schools submitted on the Fiscal Operations Report for 2024–25 and Application to Participate for 2026–27 (FISAP). In a recent announcement, FSA explains the 2024–25 awards closeout process and provides important information regarding the closeout notification process. See below - [Comment Request: Federal Perkins Loan Program Regulations](https://www.collegeaidservices.net/2026/02/25/comment-request-federal-perkins-loan-program-regulations/) - The requirements of these regulations is necessary to monitor a school's due diligence in its contact with the Perkins loan borrower regarding repayment, billing and collections, reimbursement to its Perkins loan revolving fund, rehabilitation of defaulted loans as well as institutions use of third party collections. There has been no change to the regulations. This - [NSLDS Enrollment Reporting Guide (February 2026)](https://www.collegeaidservices.net/2026/02/25/nslds-enrollment-reporting-guide-february-2026/) - FSA has announce the availability of the updated NSLDS Enrollment Reporting Guide, a comprehensive document that contains step-by-step instructions for NSLDS® enrollment reporting. In this edition, FSA replaces references to the SAIG Enrollment website with references to FSA Partner Connect. The Appendices remain unchanged. NSLDS Enrollment Reporting Guide (February 2026) in PDF Format NSLDS Enrollment - [Comment Request: Cash Management Contract URL Collection](https://www.collegeaidservices.net/2026/02/25/comment-request-cash-management-contract-url-collection/) - The Department of Education (the Department) is seeking an extension of OMB control number 1845-0147 for the collection of URLs hosting institutional contracts and contract data relating to campus banking agreements. The regulatory sections for this collection include 34 CFR 668.164(e)(2)(viii) and 34 CFR 668.164(f)(4)(iii)(B), are unchanged. The Department and the public have a strong interest in - [Comment Request: Student Assistance General Provisions-Subpart J-Approval of Independently Administered Tests](https://www.collegeaidservices.net/2026/02/25/comment-request-student-assistance-general-provisions-subpart-j-approval-of-independently-administered-tests/) - This request is for an extension without change of the approval for the reporting and recordkeeping requirements that are contained in the information collection 1845-0049 for Student Assistance General Provision in the regulations in Subpart J—Approval of Independently Administered Tests; Specification of Passing Score; Approval of State Process. There are no forms or formats established - [2026–27 FAFSA Specifications Guide (February 2026 Update)](https://www.collegeaidservices.net/2026/02/25/2026-27-fafsa-specifications-guide-february-2026-update/) - FSA has updated Volume 4A 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. Important Note: The 2025 One Big Beautiful Bill Act (OBBBA) makes numerous amendments to the Higher Education Act of 1965, as amended - [First Pell Grant Administrative Cost Allowance Payments for 2025–26 Award Year](https://www.collegeaidservices.net/2026/02/21/first-pell-grant-administrative-cost-allowance-payments-for-2025-26-award-year/) - The Federal Pell Grant (Pell Grant) regulations at 34 CFR 690.10 provide for an Administrative Cost Allowance (ACA) payment of $5.00 to each participating school for each student who receives a Pell Grant at that school for an award year. These funds may be used only to defray the costs of administering the Pell Grant, - [Upcoming SAIG Outbound TCP Connectivity Change](https://www.collegeaidservices.net/2026/02/18/upcoming-saig-outbound-tcp-connectivity-change/) - As part of FSA's ongoing modernization of Federal Student Aid’s systems, the Department of Education is updating the Student Aid Internet Gateway (SAIG) environment. The updates may require action from your organization to maintain uninterrupted access. Update on Feb. 23, 2026: As a reminder, users should complete the actions by March 1, 2026, to avoid - [U.S. Department of Education Urges Institutions of Higher Education to Implement Best Practices to Reduce Default Rates](https://www.collegeaidservices.net/2026/02/18/u-s-department-of-education-urges-institutions-of-higher-education-to-implement-best-practices-to-reduce-default-rates/) - The U.S. Department of Education is calling on colleges and universities to strengthen their efforts to help student borrowers successfully repay their federal loans and avoid default. As repayment has fully resumed following pandemic relief measures, borrower delinquency is increasing and institutions are being reminded of their shared responsibility to support students throughout the repayment - [Application for Participation in the Work Colleges Program](https://www.collegeaidservices.net/2026/02/18/application-for-participation-in-the-work-colleges-program/) - The U.S. Department of Education recently released an Electronic Announcement outlining the application process for colleges that want to participate in the Work Colleges Program under the Federal Work-Study (FWS) Program for the 2026–27 award year. What the Work Colleges Program Is The Work Colleges Program is part of the federal work-study framework and allows - [Comment Request: Federal Perkins Loan Program Regulations and General Provisions Regulations](https://www.collegeaidservices.net/2026/02/18/comment-request-federal-perkins-loan-program-regulations-and-general-provisions-regulations/) - This is a request by the Department of Education (Department) for continued approval of the reporting, disclosure and records maintenance requirements that are contained in the Student Assistance General Provisions regulations, the Federal Perkins Loan program, the Federal Work-Study program, and the Federal Supplemental Educational Opportunity Grant program. The Department is seeking an extension of - [2026 FSA Training Conference Agenda Now Available](https://www.collegeaidservices.net/2026/02/19/2026-fsa-training-conference-agenda-now-available/) - The U.S. Department of Education has officially released the agenda for the 2026 Federal Student Aid (FSA) Training Conference for Financial Aid Professionals, taking place March 4–6, 2026, in Washington, D.C. This annual conference is one of the most important training and policy update events for financial aid administrators. With significant regulatory, systems, and policy - [2026–27 Federal Pell Grant Maximum and Minimum Award Amounts](https://www.collegeaidservices.net/2026/01/30/2026-27-federal-pell-grant-maximum-and-minimum-award-amounts/) - FSA has released a Dear Colleague letter with information on the 2026–27 Federal Pell Grant award amounts. Currently the maximum Pell Grant award remains fixed at $7,395. Feb. 18, 2026 Update: Per the Consolidated Appropriations Act, 2026 (P.L. 119-75), the Federal Pell Grant maximum and minimum award amounts for the 2026–27 award year provided in - [Comment Request: 2027-28 Free Application for Federal Student Aid (FAFSA)](https://www.collegeaidservices.net/2026/02/13/comment-request-2027-28-free-application-for-federal-student-aid-fafsa/) - The U.S. Department of Education has opened a public comment period regarding the 2027-28 Free Application for Federal Student Aid (FAFSA). This notice was published as part of the federal government’s required review process under the Paperwork Reduction Act, which ensures that information collected from the public is necessary and not overly burdensome. Through this - [U.S. Department of Education Releases Latest Foreign Gift & Contract Reports](https://www.collegeaidservices.net/2026/02/12/u-s-department-of-education-releases-latest-foreign-gift-contract-reports/) - The U.S. Department of Education has released data compiled from foreign funding disclosures submitted by American colleges and universities for 2025. The portal documents over 8,300 transactions worth more than $5.2 billion in reportable foreign gifts and contracts. These disclosures are required by Section 117 of the Higher Education Act (Section 117), which obligates universities - [New PSLF Employer Eligibility Rules: What Financial Aid Professionals Need to Know](https://www.collegeaidservices.net/2026/02/11/new-pslf-employer-eligibility-rules-what-financial-aid-professionals-need-to-know/) - The Department of Education has finalized an important regulatory update to the William D. Ford Federal Direct Loan Program, and it will have direct implications for professionals who counsel borrowers pursuing Public Service Loan Forgiveness. The final rule was published on February 10, 2026 and takes effect July 1, 2026. At the center of the - [2026–27 Federal School Code List of Participating Schools (February 2026)](https://www.collegeaidservices.net/2026/02/04/2026-27-federal-school-code-list-of-participating-schools-february-2026/) - FSA has announced the availability of the updated 2026–27 Federal School Code (FSC) List of Participating Schools. The FSC List contains unique codes assigned by the U.S. Department of Education for schools participating in the Title IV federal student aid programs. Students enter these codes on the Free Application for Federal Student Aid (FAFSA®) form - [Tentative 2026–27 Funding Levels for the Campus-Based Programs](https://www.collegeaidservices.net/2026/01/31/tentative-2026-27-funding-levels-for-the-campus-based-programs/) - FSA has published tentative 2026–27 funding levels for the Campus-Based programs, giving schools an early look at expected allocations for Federal Work-Study (FWS) and the Federal Supplemental Educational Opportunity Grant (FSEOG). While final figures remain subject to congressional appropriations, the preliminary numbers and accompanying worksheets offer institutions a key planning tool as they prepare budgets, - [NPRM Published for Reimagining and Improving Student Education (RISE)](https://www.collegeaidservices.net/2026/01/29/nprm-published-for-reimagining-and-improving-student-education-rise/) - The U.S. Department of Education has posted in the Federal Register the Notice of Proposed Rulemaking (NPRM) for the Reimagining and Improving Student Education (RISE) initiative. An unpublished version was posted on January 29th. The notice is now officially published as of Friday January 30th. This NPRM springs from the work of the RISE Committee, - [Federal Family Education Loan Program Special Allowance Rates for the Quarter Ending Dec. 31, 2025](https://www.collegeaidservices.net/2026/01/29/federal-family-education-loan-program-special-allowance-rates-for-the-quarter-ending-dec-31-2025/) - The U.S. Department of Education is required under section 438 of the Higher Education Act to calculate and issue the quarterly special allowance rates for three categories listed below. Treasury Bill Rate The Treasury bill rate is the average of the bond equivalent rates of the 13-week Treasury bills as published by the U.S. Department - [2025-26 Federal Student Aid Handbook - Volume 5 Now Available](https://www.collegeaidservices.net/2026/01/29/2025-26-federal-student-aid-handbook-volume-5-now-available/) - The U.S. Department of Education has announced the publication of Volume 5 of the 2025–26 Federal Student Aid Handbook. Volume 5: Withdrawals and the Return of Title IV Funds discusses how a school should manage Title IV funds when a student completely withdraws from a payment period or period of enrollment. The Federal Student Aid Handbook is posted digitally on Federal - [2025–26 Federal Student Aid Handbook - Volumes 1, 4, and 6 Now Available](https://www.collegeaidservices.net/2025/12/11/2025-26-federal-student-aid-handbook-volumes-1-4-and-6-now-available/) - The U.S. Department of Education has announced the publication of Volumes 1, 4, and 6 of the 2025–26 Federal Student Aid Handbook. - [Reminder on Title IV Aid Disbursement Reporting, Excess Cash, and Reconciliation Requirements](https://www.collegeaidservices.net/2026/01/08/reminder-on-title-iv-aid-disbursement-reporting-excess-cash-and-reconciliation-requirements/) - The U.S. Department of Education has issued a reminder about important reporting and cash management requirements for all institutions participating in Title IV federal student aid programs. These rules are essential for maintaining compliance and strong financial controls. Posted Date: January 08, 2026 Author: Federal Student Aid Electronic Announcement ID: GENERAL-26-02 Subject: Title IV Aid - [Reminder: Deadline for 2026–27 Underuse Penalty Waiver for the Campus-Based Programs Is Feb. 2, 2026](https://www.collegeaidservices.net/2026/01/26/reminder-deadline-for-2026-27-underuse-penalty-waiver-for-the-campus-based-programs-is-feb-2-2026/) - Federal Student Aid has posted an electronic announcement reminding schools of the upcoming February 2, 2026 deadline to request a waiver of the underuse penalty for the Federal Work-Study (FWS) and Federal Supplemental Educational Opportunity Grant (FSEOG) programs for the 2026–27 award year. Under the Higher Education Act, if a school returns more than 10% - [ED Announces Intent to Establish the Accreditation Negotiated Rulemaking (AIM) Committee](https://www.collegeaidservices.net/2026/01/26/ed-announces-intent-to-establish-the-accreditation-negotiated-rulemaking-aim-committee/) - The U.S. Department of Education announced its intent to establish the Accreditation, Innovation, and Modernization (AIM) negotiated rulemaking committee. The committee would develop proposed regulations aimed at modernizing the federal accreditation system. Key goals include simplifying the Secretary’s recognition of both emerging and existing accreditors, examining the role accreditation plays in rising higher education costs - [Maximum HEAL Program Interest Rates for Quarter Ending March 31, 2026](https://www.collegeaidservices.net/2026/01/26/maximum-heal-program-interest-rates-for-quarter-ending-march-31-2026/) - The U.S. Department of Education has published the maximum Health Education Assistance Loan (HEAL) Program interest rates for the quarter ending March 31, 2026. These updated rates are now available in the “Current Maximum Interest Rates” section of the HEAL Interest Rates page of the HEAL Information area on the FSA Knowledge Center website. Alongside the current rates, the - [Preparing for OBBBA: Implications for Financial Aid Operations and Student Success - Webinar (Recording)](https://www.collegeaidservices.net/2026/01/20/preparing-for-obbba-implications-for-financial-aid-operations-and-student-success-webinar-recording/) - With OBBBA poised to shift key components of federal aid, financial aid leaders are preparing for impacts that will extend to students campuswide. Potential shifts to loan limits, PLUS/Grad PLUS eligibility, institutional accountability, graduate vs. professional student classifications, Workforce Pell, and loan repayment models could reshape both policy and practice. Join a panel of experienced - [2026–27 FAFSA Specifications Guide (December 2025 Update)](https://www.collegeaidservices.net/2026/01/21/2026-27-fafsa-specifications-guide-december-2025-update/) - Federal Student Aid has released volumes of the 2026-27 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2026-27 award year and are only available as PDF documents at this time. Update on January 21, 2026: FSA has updated Volumes 1, 4B, 5, 6, and 7. - [2025–26 FAFSA Specifications Guide (December 2025 Update)](https://www.collegeaidservices.net/2026/01/21/2025-26-fafsa-specifications-guide-december-2025-update/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on Jan. 21, 2026: FSA has updated Volumes 4B, 5, 6, and 7. For - [ED Delays Involuntary Collections Amid Ongoing Student Loan Repayment Improvements](https://www.collegeaidservices.net/2026/01/20/ed-delays-involuntary-collections-amid-ongoing-student-loan-repayment-improvements/) - The U.S. Department of Education announced that it will delay the implementation of involuntary collections on federal student loans, including Administrative Wage Garnishment (AWG) and the Treasury Offset Program (TOP). The temporary delay will enable the Department to implement major student loan repayment reforms under the Working Families Tax Cuts Act (the Act) to give - [Program Participation Agreement Signature Requirements](https://www.collegeaidservices.net/2026/01/16/program-participation-agreement-signature-requirements/) - Federal Student Aid has released new guidance reversing a previously imposed requirement tied to Title IV Program Participation Agreements. The updated policy removes the obligation for owners or individuals with substantial control to personally assume liability for Title IV losses. Effective immediately for new and renewing PPAs, the guidance also outlines how existing agreements will - [Department of Education and Department of Labor Take Next Steps to Implement Postsecondary Education Partnership](https://www.collegeaidservices.net/2026/01/16/department-of-education-and-department-of-labor-take-next-steps-to-implement-postsecondary-education-partnership/) - On Thursday January 15th, the U.S. Departments of Education (ED) and Labor (DOL) announced that they have taken additional steps to integrate the nation’s postsecondary education and workforce development programs. Beginning the week of January 20, 2026, staff in the Higher Education Programs (HEP) Division of ED’s Office of Postsecondary Education (OPE) will be detailed - [Comment Request: Federal Student Aid (FSA) Feedback System](https://www.collegeaidservices.net/2026/01/15/comment-request-federal-student-aid-fsa-feedback-system-2/) - FSA has published a request for a reinstatement with change of the current information collection of the FSA Feedback System, OMB Control 1845-0141. On March 10, 2015, the White House issued a Student Aid Bill of Rights. Among the objectives identified was the creation of a centralized complaint system that is now resident and supported - [2026 FSA Training Conference – Registration Lottery Open](https://www.collegeaidservices.net/2026/01/14/2026-fsa-training-conference-registration-lottery-open/) - A registration lottery has opened for the 2026 Federal Student Aid Training Conference being held on March 4–6, 2026 at the Ronald Reagan Building and International Trade Center in Washington, D.C. Due to having a limited number of seats at the conference site, schools may submit only one entry for the lottery. As a reminder, all sessions - [Agency Information Collection Activities; Comment Request; State Authorization](https://www.collegeaidservices.net/2026/01/14/agency-information-collection-activities-comment-request-state-authorization/) - The regulations in § 600.9(c)(2)(i) require an institution to determine in accordance with the institution's policies and procedures in which State a student is located while enrolled in a distance education or correspondence course, under either State jurisdiction or when the institution participates in a State authorization reciprocity agreement under which it is covered. The Department - [Consensus Reached on New Accountability Framework as Higher Education Reform Rulemaking Sessions Conclude](https://www.collegeaidservices.net/2026/01/12/consensus-reached-on-new-accountability-framework-as-higher-education-reform-rulemaking-sessions-conclude/) - The U.S. Department of Education announced that it has reached consensus on the third and final regulatory package to implement major reforms to higher education under the Working Families Tax Cuts Act. This marks the third time in a row that the Department has successfully agreed on regulatory language with stakeholders through negotiated rulemaking. The - [NSLDS Transfer Student Monitoring & Financial Aid History User Guide and Record Layouts (January 2026)](https://www.collegeaidservices.net/2026/01/08/nslds-transfer-student-monitoring-financial-aid-history-user-guide-and-record-layouts-january-2026/) - FSA has announced the availability of the updated NSLDS Transfer Student Monitoring & Financial Aid History User Guide and Record Layouts. The user guide provides step-by-step instructions for using Transfer Student Monitoring (TSM) online, describes how to request Financial Aid History (FAH), and includes detailed information about the TSM/FAH batch process. The updated manual, dated - [COD School Testing for the 2026–27 Award Year](https://www.collegeaidservices.net/2026/01/07/cod-school-testing-for-the-2026-27-award-year/) - FSA has announced that COD School Testing for the 2026-27 award year runs from Jan. 12, 2026, through Dec. 11, 2026. The testing provides schools, third-party servicers, and software vendors a structured opportunity to test their systems and processes before live data submission begins. What’s COD School Testing? COD School Testing lets institutions and partners - [OBBBA Overview Training Course Now Available (One Big Beautiful Bill Act )](https://www.collegeaidservices.net/2026/01/07/obbba-overview-training-course-now-available-one-big-beautiful-bill-act/) - Federal Student Aid (FSA) has released a new self-paced online training course that explains how the One Big Beautiful Bill Act (OBBBA or OB3) affects federal student aid programs. The course walks through current requirements and OBBBA’s impact on key Title IV areas, including: Student Eligibility Loan Origination & Disbursement Loan Repayment & Servicing School - [U.S. Department of Education Announces Release of $169 Million Under the Fund for the Improvement of Postsecondary Education](https://www.collegeaidservices.net/2026/01/06/u-s-department-of-education-announces-release-of-169-million-under-the-fund-for-the-improvement-of-postsecondary-education/) - The U.S. Department of Education (the Department) awarded $169 million from the Fund for the Improvement of Postsecondary Education (FIPSE) in new grant awards to support the responsible use of artificial intelligence (AI) to enhance teaching and learning, foster civil discourse on college and university campuses, drive reforms to the higher education accreditation system, and - [2025–26 COD System Peak Processing Reminders](https://www.collegeaidservices.net/2026/01/06/2025-26-cod-system-peak-processing-reminders/) - In January, the Department of Education commences its peak processing period for the 2025–26 award year. To assist schools with planning and processing, FSA offers the following reminders: Origination and disbursement responses are processed throughout the day and are often sent to schools within hours. Batch processing may take longer during this peak period. The - [New Portal for Reporting Foreign Gifts and Contracts Launching January 2026; Deadline Reminder](https://www.collegeaidservices.net/2025/12/01/new-portal-for-reporting-foreign-gifts-and-contracts-launching-january-2026-deadline-reminder/) - Institutions will soon see major improvements to the way they report foreign gifts and contracts to the U.S. Department of Education. A new and redesigned reporting portal will go live January 2, 2026, replacing the legacy system that institutions have used since June 2000. A More Streamlined Reporting Experience According to ED’s December announcement, the - [FSA Training Conference to be held in-person on March 4–6, 2026 in Washington, D.C.](https://www.collegeaidservices.net/2025/12/15/fsa-training-conference-to-be-held-in-person-on-march-4-6-2026-in-washington-d-c/) - FSA has announced that they will host an in-person training conference for financial aid professionals on March 4–6, 2026, at the Ronald Reagan Building and International Trade Center in Washington, D.C. The agenda will include the latest financial aid policy and operational updates, keynote addresses from U.S. Department of Education leaders, general sessions about key - [U.S. Department of Education Concludes Negotiated Rulemaking Session to Implement the New Workforce Pell Grant Program](https://www.collegeaidservices.net/2025/12/15/u-s-department-of-education-concludes-negotiated-rulemaking-session-to-implement-the-new-workforce-pell-grant-program/) - On Friday, the U.S. Department of Education concluded the first week of its Accountability in Higher Education and Access Through Demand-driven Workforce Pell (AHEAD) negotiated rulemaking committee, where negotiators reached consensus to create the federal government’s new Workforce Pell Grant program as outlined in President Trump's Working Families Tax Cuts Act. Officials from the U.S. - [Key 2025-2026 Federal Student Aid Deadline Dates](https://www.collegeaidservices.net/2025/12/11/key-2025-2026-federal-student-aid-deadline-dates/) - The U.S. Department of Education has published the official 2025-2026 award year deadline dates for student aid submissions and institutional reporting requirements under Title IV of the Higher Education Act. These deadlines affect students, financial aid offices, and institutions participating in federal aid programs such as FAFSA®, Pell Grants, Direct Loans, FSEOG, Federal Work-Study (FWS), - [Perkins Loan Program Update: 2025–26 Asset Distribution & Service Cancellation Reimbursements](https://www.collegeaidservices.net/2025/12/11/perkins-loan-program-update-2025-26-asset-distribution-service-cancellation-reimbursements/) - The U.S. Department of Education has released guidance for schools still participating in the Federal Perkins Loan Program as part of the ongoing wind-down of the program. Although no new Perkins Loans have been made since 2017, institutions may still service existing loan portfolios and must now begin annual distributions of remaining cash assets. Important: - [HEAL Program Information – Maximum HEAL Program Interest Rates for Quarter Ending Dec. 31, 2025](https://www.collegeaidservices.net/2025/12/11/heal-program-information-maximum-heal-program-interest-rates-for-quarter-ending-dec-31-2025/) - This announcement informs Health Education Assistance Loan (HEAL) Program lenders and lender servicers of new HEAL Program interest rates. The maximum HEAL Program interest rates for the quarter ending Dec. 31, 2025 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. We - [Federal Family Education Loan Program Special Allowance Rates for the Quarter Ending Sept. 30, 2025](https://www.collegeaidservices.net/2025/12/11/federal-family-education-loan-program-special-allowance-rates-for-the-quarter-ending-sept-30-2025/) - The U.S. Department of Education is required under section 438 of the Higher Education Act to calculate and issue the quarterly special allowance rates for three categories listed below. Treasury Bill Rate The Treasury bill rate is the average of the bond equivalent rates of the 13-week Treasury bills as published by the U.S. Department - [Calm in the Chaos: Finding Balance and Purpose while working in Financial Aid - Webinar (Recording)](https://www.collegeaidservices.net/2025/12/11/calm-in-the-chaos-finding-balance-and-purpose-while-working-in-financial-aid-webinar-recording/) - In the fast-paced world of financial aid, it’s easy to lose sight of calm amid constant deadlines, student needs, and system demands. This webinar offers a moment to pause, reflect, and realign. Join us as we take a candid look at the state of mental wellness in our profession, explore the real pressures shaping our - [EDExpress 2025–26 Release 2.0 Adds Maximum Pell Field to FISAP Reports](https://www.collegeaidservices.net/2025/12/10/edexpress-2025-26-release-2-0-adds-maximum-pell-field-to-fisap-reports/) - A new service release is available for EDExpress for Windows 2025–26, Release 2.0 to add a new summary field on the Fiscal Operations and Application to Participate (FISAP) reports that are available in the Application Processing and Packaging modules. This is a cumulative release that includes the software updates we described in the June 27, 2025 - [ED Launches Public Feedback Process to Update Accreditation Handbook](https://www.collegeaidservices.net/2025/12/10/ed-launches-public-feedback-process-to-update-accreditation-handbook/) - The U.S. Department of Education has announced that it is beginning a formal process to update its Accreditation Handbook, the document that guides how accrediting agencies are reviewed, monitored, and recognized by the Department. As part of this update, the Department issued a Request for Information (RFI) seeking public comment on ways to improve the - [U.S. Department of Education Announces Agreement with Missouri to End the SAVE Plan](https://www.collegeaidservices.net/2025/12/10/u-s-department-of-education-announces-agreement-with-missouri-to-end-the-save-plan/) - On December 9, 2025, the U.S. Department of Education announced that it had reached a proposed settlement with the state of Missouri to end the SAVE Plan. What is SAVE — and why it’s ending The SAVE Plan (short for “Saving on a Valuable Education”) was launched under the Biden administration as a new income-driven - [FSA Issues Workaround for FISAP “Total Income” Calculation Error in EDExpress 2024–25](https://www.collegeaidservices.net/2025/12/10/fsa-issues-workaround-for-fisap-total-income-calculation-error-in-edexpress-2024-25/) - FSA has released an Issue Alert that impacts the calculation of FISAP Total Income for dependent and independent students on the Application Processing and Packaging versions of FISAP reports. The issue only impacts records that have a null or negative value for FISAP Total Income on the active ISIR transaction or Packaging record in EDExpress. - [New FAFSA “Lower-Earnings Indicator” Aims to Help Students Make Smarter College Choices](https://www.collegeaidservices.net/2025/12/09/new-fafsa-lower-earnings-indicator-aims-to-help-students-make-smarter-college-choices/) - Choosing a college is one of the biggest financial decisions a student and family will make. To support more informed decisions, the U.S. Department of Education has introduced a new “lower-earnings indicator” that now appears on a student’s FAFSA Submission Summary. This tool provides clearer insight into typical earnings outcomes for graduates of the colleges - [FAFSA Update: New Country-Field Rules for U.S. Territories and Foreign Addresses Starting December 7](https://www.collegeaidservices.net/2025/12/05/fafsa-update-new-country-field-rules-for-u-s-territories-starting-december-7/) - Students and contributors completing the FAFSA will soon see an update that affects those living in U.S. territories and foreign countries. On December 7, 2025, Federal Student Aid (FSA) is adjusting how the FAFSA handles country and state information to improve consistency across StudentAid.gov and related systems. Here’s what you need to know. What’s Changing? - [NSLDS Professional Access – 2026 Data Provider Schedules for Perkins Loan Reporting](https://www.collegeaidservices.net/2025/12/02/nslds-professional-access-2026-data-provider-schedules-for-perkins-loan-reporting/) - FSA has announce that the National Student Loan Data System (NSLDS®) 2026 Data Provider Schedules for Perkins Loan Reporting are now available on the NSLDS Professional Access website. Federal Perkins schools and their third-party servicers can access their 2026 schedule(s) under the School Profile page to begin planning for the upcoming reporting cycle. To view - [FSA Partner Connect –E-App Enhancements Planned for December](https://www.collegeaidservices.net/2025/11/26/fsa-partner-connect-e-app-enhancements-planned-for-december/) - FSA has announced that additional enhancements are coming soon to the FSA Partner Connect portal, particularly to the application process for institutions via the E-App (Application for Approval to Participate in the Federal Student Aid Programs). The updates are scheduled to roll out in December 2025. December 2025 Updates to the E-App In addition to - [FAFSA Information To Be Verified for the 2026-2027 Award Year](https://www.collegeaidservices.net/2025/11/26/fafsa-information-to-be-verified-for-the-2026-2027-award-year/) - The Department of Education has published in the Federal Register the official notice announcing the FAFSA information that an institution and an applicant may be required to verify, as well as the acceptable documentation for verifying FAFSA information for the 2026-2027 award year. What stays the same For many applicants, income and tax information submitted - [COD Common Record XML Schema Version 5.0d Now Available](https://www.collegeaidservices.net/2025/11/25/cod-common-record-xml-schema-version-5-0d-now-available/) - FSA has released a new version of the COD Common Record XML Schema for use in processing Title IV aid via the COD system. In spring 2026, FSA plans to implement Common Origination and Disbursement (COD) System functionality to support the processing of Federal Pell Grant (Pell Grant), Teacher Education Assistance for College and Higher - [ED Releases Myth vs. Fact on Professional Degrees to Address Widespread Misconceptions](https://www.collegeaidservices.net/2025/11/25/ed-releases-myth-vs-fact-on-professional-degrees-to-address-widespread-misconceptions/) - The U.S. Department of Education recently released a Myth vs. Fact explainer to address growing confusion and speculation surrounding the new graduate loan limits introduced under the One Big Beautiful Bill Act (OBBB Act). As institutions, students, and professional communities react to the changes, misinformation has quickly begun circulating, particularly around which programs qualify as - [Comment Request: Loan Cancellation in the Federal Perkins Loan Program](https://www.collegeaidservices.net/2025/11/24/comment-request-loan-cancellation-in-the-federal-perkins-loan-program-2/) - The U.S. Department of Education has made a request for a reinstatement without change of a previously approved collection for the record keeping requirements contained in 34 CFR 674.53, 674.56, 674.57, 674.58 and 674.59. The information collections in these regulations are necessary to determine Federal Perkins Loan (Perkins Loan) Program borrower's eligibility to receive program benefits and to prevent fraud - [Comment Request: Prison Education Program Accreditation Requirements](https://www.collegeaidservices.net/2025/11/24/comment-request-prison-education-program-accreditation-requirements-2/) - The Secretary establishes regulations for Federal Pell Grants (Pell Grants or Pell) for Prison Education Programs (PEPs), to implement the statutory requirements in the Consolidated Appropriations Act, 2021, that amend the Higher Education Act of 1965, as amended (HEA), to establish Pell Grant eligibility for a confined or incarcerated individual enrolled in a PEP. These - [Comment Request: Student Assistance General Provisions-Student Right To Know](https://www.collegeaidservices.net/2025/11/24/comment-request-student-assistance-general-provisions-student-right-to-know/) - Section 485 of the Higher Education Act of 1965, as amended (HEA) authorizes the administration of the Student Right-to-Know (SRK) regulations. These regulations are in 34 CFR 668.41 and 668.45 and relate to the retention, placement and post-graduate study by students at an institution. In accordance with the Paperwork Reduction Act (PRA) of 1995, the Department is proposing an - [Comment Request: Guaranty Agency Financial Report](https://www.collegeaidservices.net/2025/11/24/comment-request-guaranty-agency-financial-report-2/) - The Department of Education (ED) is requesting renewal by extension of the information collection 1845-0026 for the Guaranty Agency Financial Report. There has been no change to the underlying statute or regulations. The Guaranty Agency Financial Report is used by a guaranty agency to request payments of reinsurance for defaulted student loans; make payments for - [Comment Request: Lender's Request for Payment of Interest and Special Allowance-LaRS](https://www.collegeaidservices.net/2025/11/24/comment-request-lenders-request-for-payment-of-interest-and-special-allowance-lars-2/) - The Department of Education (the Department) is submitting the Lender's Interest and Special Allowance Request & Report, ED Form 799 for extension of the current OMB approval. The information collected on the ED Form 799 is needed to pay interest and special allowance to holders of Federal Family Education Loans, for internal financial reporting, budgetary - [Comment Request: Accreditation Participation and Disclosures](https://www.collegeaidservices.net/2025/11/21/comment-request-accreditation-participation-and-disclosures-2/) - This is a request for an extension without change of a currently approved collection, 1845-0156 Accreditation Participation and Disclosures. These regulations are § 668.26—End of an institution's participations in the Title IV, HEA programs and § 668.43—Institutional and programmatic information. There have been no changes to the regulations or burden assessment. To view this Federal Register publication, click here. - [Comment Request: Student Assistance General Provisions-Non-Title IV Revenue Requirements (90/10)](https://www.collegeaidservices.net/2025/11/21/comment-request-student-assistance-general-provisions-non-title-iv-revenue-requirements-90-10-2/) - This is a request for an extension without change of the previously approved collection for requirements contained in 34 CFR 668.28 providing that a proprietary institution must derive at least 10% of its annual revenue from sources other than Federal funds. To view this Federal Register publication, click here. Interested persons are invited to submit comments on or - [Comment Request: Federal Family Education Loan Program Regulations](https://www.collegeaidservices.net/2025/11/21/comment-request-federal-family-education-loan-program-regulations-2/) - The Department of Education (the Department) is requesting an extension without change for the Federal Family Education Loan (FFEL) Program regulations. There have been no changes to the regulatory language and we are requesting an extension of the most recent burden assessed. To view this Federal Register publication, click here. Interested persons are invited to submit - [2026–27 FAFSA Specifications Guide (October 2025 Update)](https://www.collegeaidservices.net/2025/11/18/2026-27-fafsa-specifications-guide-october-2025-update/) - FSA has released the October 2025 update to the 2026–27 FAFSA Specifications Guide, a comprehensive resource for financial aid administrators, software developers, and data processing professionals. This guide provides detailed information on integrating and managing electronic FAFSA data within institutional systems. Update on Nov. 14, 2025: FSA has updated Volumes 1, 4A, the Excel version - [2026–27 FAFSA Specifications Guide (November 2025 Update)](https://www.collegeaidservices.net/2025/11/21/2026-27-fafsa-specifications-guide-november-2025-update/) - FSA has released the November 2025 update to the 2026–27 FAFSA Specifications Guide, a comprehensive resource for financial aid administrators, software developers, and data processing professionals. This guide provides detailed information on integrating and managing electronic FAFSA data within institutional systems. Update on Nov. 20, 2025: FSA has added additional 2026-27 ISIR Test Files to - [FSA Resolves Asset Calculation Issue Affecting 2025–26 and 2026–27 FAFSA Results](https://www.collegeaidservices.net/2025/11/20/fsa-resolves-asset-calculation-issue-affecting-2025-26-and-2026-27-fafsa-results/) - Federal Student Aid has fixed an asset calculation issue impacting a subset of 2025–26 and 2026–27 FAFSA applications. Learn what caused the problem, how many students were affected, how SAIs and Pell Grant eligibility may change, and what schools and families should do next. - [Department of Education Announces Six New Agency Partnerships to "Break Up Federal Bureaucracy"](https://www.collegeaidservices.net/2025/11/18/department-of-education-announces-six-new-agency-partnerships-to-break-up-federal-bureaucracy/) - The U.S. Department of Education has established six new interagency partnerships aimed at improving the administration of federal education programs. Through agreements with the Departments of Labor, Interior, Health and Human Services, and State, the Department is reallocating certain operational responsibilities to agencies with relevant expertise while maintaining overall policy oversight. These changes are intended - [Charting Your Path: Leadership Journeys and Lessons from Financial Aid Professionals - Webinar (Recording)](https://www.collegeaidservices.net/2025/11/18/charting-your-path-leadership-journeys-and-lessons-from-financial-aid-professionals-webinar-recording/) - Leadership in financial aid comes in many forms and every journey is unique. This engaging panel brings together both seasoned and newer financial aid professionals who are leaders navigating the transition into management and director-level roles. Together, they’ll share honest reflections on their career paths, the lessons they’ve learned along the way, and what they - [R2T4 and Late Disbursements - Webinar (Recording)](https://www.collegeaidservices.net/2025/10/20/r2t4-and-late-disbursements-recording/) - Join us as we review the Return to Title IV process and the new regulations that take effect on July 1, 2026. Additionally, we will discuss post-withdrawal disbursements and late disbursements and the impacts of the allowances on your processing. Original Broadcast Date: Tuesday October 20, 2025 at 2 PM ET This webinar is available - [Reminder: FISAP Edit Corrections and Perkins Cash on Hand Update Due Dec. 15, 2025](https://www.collegeaidservices.net/2025/11/18/reminder-fisap-edit-corrections-and-perkins-cash-on-hand-update-due-dec-15-2025/) - Financial aid offices are once again approaching a key compliance milestone: the December 15, 2025 deadline for submitting FISAP edit corrections and reporting Perkins Loan Program cash-on-hand. While the initial FISAP filing may feel like the heavy lift, this follow-up period is where accuracy and reconciliation truly matter. This year’s reminder from the Department of - [Final 2026–27 FAFSA PDF Form, FAFSA Form for Incarcerated Students, and FAFSA Submission Summary](https://www.collegeaidservices.net/2025/11/18/final-2026-27-fafsa-pdf-form-fafsa-form-for-incarcerated-students-and-fafsa-submission-summary/) - FSA has published the following pdf forms and guides for the 2026–27 FAFSA: 2026–27 FAFSA PDF Form Final PDF versions of the 2026–27 FAFSA forms are now available on StudentAid.gov in English and Spanish. 2026–27 FAFSA Form for Confined or Incarcerated Individuals Confined or incarcerated individuals must complete the FAFSA form to determine their eligibility for a Federal - [FSA Resumes Normal Operations](https://www.collegeaidservices.net/2025/11/18/fsa-resumes-normal-operations/) - Federal Student Aid (FSA) announced that they are resuming normal operations now that the federal government is funded. They released the following announcements: If you missed a deadline during the shutdown due to circumstances beyond your control, document it with the appropriate customer service contact center. FSA will work with you to make adjustments on - [2025–26 FAFSA Specifications Guide (October 2025 Update)](https://www.collegeaidservices.net/2025/11/15/2025-26-fafsa-specifications-guide-october-2025-update/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on Nov. 14, 2025: FSA has updated Volume 4A, the Excel version of the - [2026-27 FAFSA Application Update – Webinar (Recording)](https://www.collegeaidservices.net/2025/09/23/2026-27-fafsa-application-update-webinar-recording/) - The 2026-27 FAFSA Cycle is almost upon us! Join us for this webinar, as we review what’s changed and what has stayed the same in the 2026-27 application. Our presenters will work to familiarize viewers with the 2026-27 FAFSA, discuss common application errors, and provide helpful insight. Original Broadcast Date: Tuesday September 23, 2025 at - [2026–27 Federal School Code List of Participating Schools (November 2025)](https://www.collegeaidservices.net/2025/11/14/2026-27-federal-school-code-list-of-participating-schools-november-2025/) - FSA has announced the availability of the initial 2026–27 Federal School Code (FSC) List of Participating Schools. The FSC List contains unique codes assigned by the U.S. Department of Education for schools participating in the Title IV federal student aid programs. Students enter these codes on the Free Application for Federal Student Aid (FAFSA®) form - [U.S. Department of Education Concludes Negotiated Rulemaking Session to Implement the One Big Beautiful Bill Act's Loan Provisions](https://www.collegeaidservices.net/2025/11/08/u-s-department-of-education-concludes-negotiated-rulemaking-session-to-implement-the-one-big-beautiful-bill-acts-loan-provisions/) - The U.S. Department of Education concluded its negotiated rulemaking session, where the Reimagining and Improving Student Education (RISE) Committee reached consensus on the entire package of federal student loan-related changes advanced by the One Big Beautiful Bill Act (OBBBA). The RISE Committee met over the course of two weeks in September and November to place - [Reimagining and Improving Student Education (RISE) Negotiated Rulemaking Resumes November 3](https://www.collegeaidservices.net/2025/10/29/reimagining-and-improving-student-education-rise-negotiated-rulemaking-resumes-november-3/) - Despite the government shutdown, the U.S. Department of Education will host a five-day negotiated rulemaking session from November 3 - 7, 2025. The committee will convene to cover the topic of Reimagining and Improving Student Education (RISE), addressing: Phase-out of graduate and professional PLUS Loans. Establishment of new annual loan limits for graduate and professional - [ED Announces Final Rule on Public Service Loan Forgiveness](https://www.collegeaidservices.net/2025/10/30/ed-announces-final-rule-on-public-service-loan-forgiveness/) - The U.S. Department of Education today released its final rule to restore the taxpayer-funded Public Service Loan Forgiveness (PSLF) program to its intended purpose of benefitting Americans working in public service. The final rule amends the definition of “qualifying employer” to exclude organizations that engage in unlawful activities such that they have a substantial illegal - [Federal Student Aid Operations During Government Shutdown: What You Need to Know](https://www.collegeaidservices.net/2025/10/01/federal-student-aid-operations-during-government-shutdown-what-you-need-to-know/) - On October 1, 2025, the U.S. Department of Education issued guidance on how Federal Student Aid (FSA) will operate during the current government shutdown. While some offices are closed, most key FSA systems and services remain up and running to ensure minimal disruption to students, borrowers, and schools. Here’s what’s continuing, what’s paused, and what - [FSA Fall Webinar: Charges and Credit Balances - Oct. 8 @ 1 PM ET](https://www.collegeaidservices.net/2025/09/17/fsa-fall-webinar-charges-and-credit-balances-oct-8-1-pm-et/) - October 1, 2025 Update: There is a temporary shutdown of the U.S. government due to a lapse in appropriations. The Federal Student Aid training webinar on Charges and Credit Balances which was scheduled for Wednesday, October 8 has been canceled. After the shutdown is over, FSA will provide information on a rescheduled date. Federal Student - [ED Releases Guidance on FTI, FAFSA Data, and Non-FAFSA Data](https://www.collegeaidservices.net/2025/09/30/ed-releases-guidance-on-fti-fafsa-data-and-non-fafsa-data/) - Today, the Department of Education released Dear Colleague Letter GEN-25-08, clarifying how institutions, state agencies, and their contractors may use Federal Tax Information (FTI), FAFSA data, and non-FAFSA institutional data. This guidance builds on the FUTURE Act and FAFSA Simplification Act and provides much-needed detail on permissible uses, consent requirements, and security obligations. This blog - [2025–26 Supplemental Campus-Based Funds](https://www.collegeaidservices.net/2025/09/30/2025-26-supplemental-campus-based-funds/) - The U.S. Department of Education has released an announcement that explain how 2025–26 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 the announcement, the Department does not anticipate that any additional Campus-Based - [Reminder Regarding Prohibited Use of Federal Grants Funds for Lobbying and Allowable Membership Costs](https://www.collegeaidservices.net/2025/09/30/reminder-regarding-prohibited-use-of-federal-grants-funds-for-lobbying-and-allowable-membership-costs/) - Today, the U.S. Department of Education has issued a Dear Colleague letter reminding grantees about the prohibited use of federal grant funds for lobbying and the rules around allowable membership costs. While this isn’t a new policy, it’s an important clarification for colleges, universities, and organizations that receive federal aid. What the Rules Say Federal - [ED Resolves Pell Grant Eligibility Errors](https://www.collegeaidservices.net/2025/09/29/ed-resolves-pell-grant-eligibility-errors/) - In late August, two bugs in the FAFSA processing system caused incorrect Pell Grant eligibility information to be sent to students and institutions. Both issues have now been resolved: impacted records have been reprocessed, and affected students will receive corrected notices this week. What Happened On August 29, 2025, the U.S. Department of Education inadvertently - [Now Available: EDExpress 2026-27 for Windows, Release 1.0](https://www.collegeaidservices.net/2025/09/28/now-available-edexpress-2026-27-for-windows-release-1-0/) - Federal Student Aid has posted the EDExpress 2026-27 for Windows to its Knowledge Center. The 1.0 version is now available for download. EDExpress helps financial aid offices process, package, and manage Title IV federal student aid. It integrates with the Department of Education’s systems so institutions can import, store, and transmit student aid data securely. - [Notice: 2026-27 FISAP PDF Display Issue (September 26, 2025)](https://www.collegeaidservices.net/2025/09/28/notice-2026-27-fisap-pdf-display-issue-september-26-2025/) - The U.S. Department of Education has identified a display misalignment issue in the FISAP PDF, Part II, Section F, Field 33a. On the PDF version of the form, Field 33a is incorrectly showing the value entered in Field 30a. This problem affects the PDF only. The Department has confirmed that all data entered on the - [TPD Discharge Resumes & Loan Assignment Updates](https://www.collegeaidservices.net/2025/07/31/tpd-discharge-resumes-loan-assignment-updates/) - Federal Student Aid has confirmed that the Total and Permanent Disability (TPD) discharge process has fully transitioned to StudentAid.gov. As part of the Unified Servicing and Data Solution (USDS), TPD loan transfers and related procedures have now resumed. Loan holders (i.e., guaranty agencies, lenders, and schools participating in the Federal Perkins Loan Program that are - [U.S. Department of Education Releases Secretary McMahon’s Meaningful Learning and Workforce Readiness Supplemental Priorities](https://www.collegeaidservices.net/2025/09/26/u-s-department-of-education-releases-secretary-mcmahons-meaningful-learning-and-workforce-readiness-supplemental-priorities/) - U.S. Secretary of Education Linda McMahon has announced her sixth and seventh proposed supplemental priorities for the U.S. Department of Education (the Department)’s discretionary grants: Meaningful Learning as well as Career Pathways and Workforce Readiness. These Secretarial priorities will be used in grant competitions across the Department to promote instructional models that strengthen core instruction, - [Request for Feedback on Redesigning the Institute of Education Sciences](https://www.collegeaidservices.net/2025/09/26/request-for-feedback-on-redesigning-the-institute-of-education-sciences/) - The U.S. Department of Education is considering a redesign of the Institute of Education Sciences (IES), the federal body responsible for education research, statistics, and evaluation. Before implementing changes, they’re seeking public input. Please provide your feedback on or before October 15, 2025. "The Education Sciences Reform Act of 2002 established the Institute of Education - [2026–27 College Financing Plan Available](https://www.collegeaidservices.net/2025/09/26/2026-27-college-financing-plan-available/) - The U.S. Department of Education has published the 2026-2027 College Financing Plan on the Office of Postsecondary Education’s website. The College Financing Plan (CFP) is a legacy consumer tool that was developed as an option for institutions to use to notify students about their financial aid packages. It is intended primarily for prospective students to - [2026–27 FAFSA Now Available](https://www.collegeaidservices.net/2025/09/24/2026-27-fafsa-now-available/) - The U.S. Department of Education has announced that the 2026-27 FAFSA® form is now live to the general public—ahead of its target release date of October 1. “I am extremely proud to announce the earliest launch of the FAFSA form in history, which ensures American students and families have access to critical resources as they - [FY 2022 Official Cohort Default Rates Released](https://www.collegeaidservices.net/2025/09/25/fy-2022-official-cohort-default-rates-released/) - On September 22, 2025, FSA distributed the FY 2022 Official Cohort Default Rate notification packages. These notifications give schools their official default rates and kick off the appeals and adjustment process. The public release of the national rates followed on September 24, 2025. What’s in the Notification Package Schools participating in the electronic cohort default - [Federal Need Analysis Methodology for the 2026-27 Award Year](https://www.collegeaidservices.net/2025/09/25/federal-need-analysis-methodology-for-the-2026-27-award-year-2/) - On September 24, 2025, a Dear Colleague Letter (GEN-25-07) was released formally announcing the updates to the federal methodology that determines financial aid eligibility for the 2026–27 academic year. "The Secretary announces the annual updates to the tables used in the statutory Federal Need Analysis Methodology (Need Analysis) that determines a student's Student Aid Index - [FSA Issues Reminder on Access and Use of Federal Tax Information (FTI)](https://www.collegeaidservices.net/2025/09/18/fsa-issues-reminder-on-access-and-use-of-federal-tax-information-fti/) - Safeguarding Federal Tax Information is of utmost importance. FSA added a Blue Note on September 17 to previously released guidance that reinforces data use limitations of FTI. This includes prohibiting the use of these derived values for research and limiting their use to the application, award, and administration of student aid programs. From the announcement: - [2026-27 FAFSA Beta Open to ALL Users](https://www.collegeaidservices.net/2025/09/18/2026-27-fafsa-beta-open-to-all-users/) - Federal Student Aid has announced that the 2026-27 FAFSA Beta is now open to all users, enabling students and contributors a head start for the 2026-27 award year. The official release of the form is still on track for October 1, 2025. Access the form here: http://StudentAid.gov/joinbeta - [2024-25 FAFSA Deadlines Extended](https://www.collegeaidservices.net/2025/09/17/2024-25-fafsa-deadlines-extended/) - The U.S. Department of Education just announced new extended deadlines for the 2024-25 award year that affect students, colleges, and financial aid offices across the country. These changes give everyone a little more breathing room to ensure federal aid is processed correctly. To give extra time for processing, the deadline for receiving FAFSA corrections, notices - [New Federal Grants for HBCUs, TCCUs, Charter Schools & Civics Education](https://www.collegeaidservices.net/2025/09/16/new-federal-grants-for-hbcus-tccus-charter-schools-civics-education/) - The U.S. Department of Education has announced new grant investments aimed at improving educational outcomes; with a special emphasis on Historically Black Colleges & Universities (HBCUs), Tribally Controlled Colleges & Universities (TCCUs), charter schools, and civics education. “Today, the Department is making three massive investments – redirecting financial support away from ineffective and discriminatory programs - [New FSA Trainings Available - ISIR Request & Identity Verification in FPP](https://www.collegeaidservices.net/2025/09/12/new-fsa-trainings-available-isir-request-identity-verification-in-fpp/) - The FSA Training Center has added two new learning courses on FAFSA Partner Portal (FPP). Making an ISIR Request in FPP In this course, you will learn how to use the ISIR Request feature in FPP to transmit ISIRs to your SAIG Mailbox. The course introduces you to the three types of ISIR requests you - [Comment Request: Federal Student Aid (FSA) Feedback System](https://www.collegeaidservices.net/2025/09/12/comment-request-federal-student-aid-fsa-feedback-system/) - The U.S. Department of Education’s Office of Federal Student Aid (FSA) is requesting public comments on its Feedback System, the tool that allows students, borrowers, parents, and others to submit complaints, disputes, and positive feedback about their federal student aid experiences. Purpose of the Feedback System The system serves as a centralized channel for handling: - [EDExpress 2024–25 Release 2.0 Adds Maximum Pell Field to FISAP Reports](https://www.collegeaidservices.net/2025/09/12/edexpress-2024-25-release-2-0-adds-maximum-pell-field-to-fisap-reports/) - A new service release is available for EDExpress for Windows 2024–25, Release 2.0 that adds a new summary field on the Fiscal Operations Report and Application to Participate (FISAP) reports available in the Application Processing and Packaging modules. This is a cumulative service release that includes the software updates posted previously in the Release 2.0 - [Reminder: FISAP Due October 1, 2025](https://www.collegeaidservices.net/2025/09/12/reminder-fisap-due-october-1-2025/) - Wednesday, Oct. 1, 2025 - Federal Student Aid reminds institutions that this day is the upcoming FISAP deadline in a recently published announcement (CB-25-14). The upcoming deadline for submitting the Fiscal Operations Report for 2024–25 and the Application to Participate for 2026–27 (FISAP) for the Campus-Based Programs. As announced in the “Federal Perkins Loan, Federal - [Pell Grant 2024–25 Award Year Processing Deadline](https://www.collegeaidservices.net/2025/09/12/pell-grant-2024-25-award-year-processing-deadline/) - FSA has published an announcement (GRANTS-25-09) stating that the final deadline for electronically transmitting Pell Grant records for the 2024–25 award year to the Common Origination and Disbursement (COD) System is Tuesday, Sept. 30, 2025. The deadline comes from federal regulation (34 CFR 690.83(a)) and is consistent with the Federal Register notice published on September - [TEACH Grant Closeout: What Schools Need to Know for 2024–25](https://www.collegeaidservices.net/2025/09/12/teach-grant-closeout-what-schools-need-to-know-for-2024-25/) - As we near the end of the 2024–25 award year, the U.S. Department of Education has released updated guidance on TEACH Grant closeout procedures. Schools participating in the program must act quickly to meet the upcoming deadlines and ensure their accounts reconcile to zero. In a June 10, 2025 Electronic Announcement, ED provided Teacher Education - [End of Federal Fiscal Year 2025– Impact on Funds Availability for Campus-Based, Pell Grant, TEACH Grant, and Direct Loan Programs (G5 and COD System)](https://www.collegeaidservices.net/2025/09/12/end-of-federal-fiscal-year-2025-impact-on-funds-availability-for-campus-based-pell-grant-teach-grant-and-direct-loan-programs-g5-and-cod-system/) - The federal fiscal year for the U.S. Department of Education (ED) ends on Tuesday, Sept. 30, 2025. Some of ED’s core financial systems, including G5, will be on a modified processing schedule while ED finalizes its processing and accounting for Fiscal Year 2025. These modifications will impact how the Common Origination and Disbursement (COD) System - [ED Announces End to Certain Race-Based Grant Programs for Minority-Serving Institutions](https://www.collegeaidservices.net/2025/09/11/ed-announces-end-to-certain-race-based-grant-programs-for-minority-serving-institutions/) - The U.S. Department of Education has announced that it will stop funding several discretionary grant programs for Minority-Serving Institutions (MSIs) that the department says are "racially discriminatory." This decision, which affects hundreds of millions in federal funding, marks a turning point in how the federal government supports colleges and universities that serve historically underrepresented student - [Comment Request: Student Assistance General Provisions-Student Right To Know (SRK)](https://www.collegeaidservices.net/2025/09/10/comment-request-student-assistance-general-provisions-student-right-to-know-srk/) - The U.S. Department of Education seeks to extend (without changes) its existing information collection, continuing to require institutions to report and share certain student-related data as mandated in 34 CFR § 668.41 (institutional and financial assistance information) and § 668.45 (graduation/completion rates for first-time, full-time undergrads). Interested persons are invited to submit comments on or - [SAIG Enrollment Webinar Trainings on FSA Partner Connect](https://www.collegeaidservices.net/2025/06/13/saig-enrollment-webinar-trainings-on-fsa-partner-connect/) - FSA is set to launch significant enhancements to FSA Partner Connect in July 2025, transitioning it into the primary platform for enrollment and user management. This update includes the integration of SAIG enrollment functionality, leading to the retirement of the existing SAIG Enrollment website. To facilitate this transition, FSA is offering a series of live, - [FSA 2025-26 Training Announcement Round-Up](https://www.collegeaidservices.net/2025/07/02/fsa-2025-26-training-announcement-round-up/) - On Tuesday, FSA announced a robust set of training opportunities for the 2025–26 award year, designed to equip financial aid professionals with the tools and knowledge necessary for Title IV program compliance and administration. These include the FSA Fundamentals Training Series, refreshed Learning Tracks and Basic Training, and the Summer 2025 Wednesday Webinar Series. FSA - [ED Expands Ombudsman Role to Improve Consumer Education and Increase Transparency for Student Borrowers](https://www.collegeaidservices.net/2025/09/08/ed-expands-ombudsman-role-to-improve-consumer-education-and-increase-transparency-for-student-borrowers/) - The U.S. Department of Education announced that it is expanding the mission and work of the Office of the Ombudsman to focus on providing information to students and families on the benefits and risks of federal student loan borrowing. In addition, FSA announced that the newly named Office of Consumer Education and Ombudsman will develop - [Comment Request: Loan Cancellation in the Federal Perkins Loan Program](https://www.collegeaidservices.net/2025/08/18/comment-request-loan-cancellation-in-the-federal-perkins-loan-program/) - The Department of Education is seeking to reinstatement, without change, a previously approved information collection request (ICR) under the Paperwork Reduction Act. This pertains to recordkeeping requirements necessary for verifying borrower eligibility for Perkins Loan cancellation benefits and preventing fraud or abuse. Interested persons are invited to submit comments on or before October 17, 2025. - [Comment Request: Student Assistance General Provisions-Non-Title IV Revenue Requirements (90/10)](https://www.collegeaidservices.net/2025/08/18/comment-request-student-assistance-general-provisions-non-title-iv-revenue-requirements-90-10/) - On August 15, 2025, the Department of Education issued a request for public comments regarding the Student Assistance General Provisions-Non-Title IV Revenue Requirements (90/10). Interested persons are invited to submit comments on or before October 14, 2025. "This is a request for an extension without change of the previously approved collection for requirements contained in - [Comment Request: Federal Family Education Loan Program Regulations](https://www.collegeaidservices.net/2025/08/18/comment-request-federal-family-education-loan-program-regulations/) - On August 15, 2025, the Department of Education issued a notice requesting a 60‑day public comment period for an extension without change of its existing information collection request (ICR) tied to the FFEL Program regulations. Interested persons are invited to submit comments on or before October 14, 2025. "The Department of Education (the Department) is - [Comment Request: Prison Education Program Accreditation Requirements](https://www.collegeaidservices.net/2025/08/20/comment-request-prison-education-program-accreditation-requirements/) - The U.S. Department of Education is seeking public input on a new information collection request focused on Prison Education Program accreditation requirements. Interested persons are invited to submit comments on or before October 20, 2025. "This collection established the burden under regulations at 34 CFR 668.237—Accreditation requirements. These regulations prescribe program evaluation at the first - [Comment Request: Required Information for Annual Improper Payment Estimation](https://www.collegeaidservices.net/2025/08/26/comment-request-required-information-for-annual-improper-payment-estimation/) - ED has issued a formal request for public comment on its Sampling and Estimation Methodology Plan (S&EMP), which is the the approach used to estimate improper and unknown payments annually. This methodology follows guidelines under the Payment Integrity Information Act of 2019 (PIIA) and OMB Circular A-123, Appendix C (A-123C). Interested persons are invited to - [Comment Request: Generic Clearance for Federal Student Aid Customer Satisfaction Surveys and Focus Groups Master Plan](https://www.collegeaidservices.net/2025/08/26/comment-request-generic-clearance-for-federal-student-aid-customer-satisfaction-surveys-and-focus-groups-master-plan/) - FSA has renewed its Generic Clearance for Customer Satisfaction Surveys and Focus Groups Master Plan, a behind-the-scenes tool that helps ensure students, parents, schools, and lenders receive the best possible service. What Is a “Generic Clearance”? Under the Paperwork Reduction Act, federal agencies need approval before collecting information from the public. A generic clearance allows - [Comment Request: Foreign Schools Eligibility Criteria Apply To Participate in Title IV HEA Programs](https://www.collegeaidservices.net/2025/08/26/comment-request-foreign-schools-eligibility-criteria-apply-to-participate-in-title-iv-hea-programs/) - The U.S. Department of Education published a Federal Register notice requesting public comments on its information collection efforts concerning the eligibility criteria for foreign schools seeking to participate in Title IV federal student aid programs. Interested persons are invited to submit comments on or before October 27, 2025. "This request is for an extension of the - [Comment Request: Prison Education Program Best Interest Determination Form](https://www.collegeaidservices.net/2025/08/09/comment-request-prison-education-program-best-interest-determination-form/) - FSA has published a new notice in the Federal Register proposing an information collection request for a “Best Interest Determination” form related to Prison Education Programs. This marks the launch of a 30-day public comment period, closing on September 8, 2025, during which stakeholders can share feedback. Interested persons are invited to submit comments on - [Comment Request: Lender's Request for Payment of Interest and Special Allowance-LaRS](https://www.collegeaidservices.net/2025/08/25/comment-request-lenders-request-for-payment-of-interest-and-special-allowance-lars/) - ED is requesting public comments on the Lender’s Request for Payment of Interest and Special Allowance (LaRS) process. Through Form 799, lenders in the Federal Family Education Loan (FFEL) Program submit claims for interest and special allowance payments. The Department is proposing to extend this process without changes. Interested persons are invited to submit comments - [Comment Request: Guaranty Agency Financial Report](https://www.collegeaidservices.net/2025/08/25/comment-request-guaranty-agency-financial-report/) - The Department of Education has issued a notice requesting public comment on the renewal (by extension) of the Guaranty Agency Financial Report (Form 2000, OMB Control Number 1845‑0026)—with no changes proposed to the current requirements. "The Department of Education (ED) is requesting renewal by extension of the information collection 1845-0026 for the Guaranty Agency Financial Report. There - [Comment Request: Application for Approval To Participate in Federal Student Aid Programs](https://www.collegeaidservices.net/2025/08/25/comment-request-application-for-approval-to-participate-in-federal-student-aid-programs/) - ED has issued a notice seeking public comments on the Application for Approval to Participate in Federal Student Aid Programs—the form institutions must use to apply for, expand, or maintain eligibility for Title IV federal student aid programs. Interested persons are invited to submit comments on or before October 24, 2025. "Section 487(c) of the - [Comment Request: Consolidated Annual Report (CAR) for the Carl D. Perkins Career and Technical Education Act of 2006](https://www.collegeaidservices.net/2025/08/29/comment-request-consolidated-annual-report-car-for-the-carl-d-perkins-career-and-technical-education-act-of-2006/) - Ed proposes reverting the Consolidated Annual Report (CAR) to its prior format—removing extra narrative portions and simplified data specifications. "This information collection is used by the Department of Education (the Department) to request Consolidated Annual Reports (CARs) under the Carl D. Perkins Career and Technical Education Act of 2006 (Perkins V). We are proposing to - [Comment Request: Carl D. Perkins Career and Technical Education Act State Plan Guide](https://www.collegeaidservices.net/2025/08/29/comment-request-carl-d-perkins-career-and-technical-education-act-state-plan-guide/) - The Department of Education is asking for public input on proposed changes to the Carl D. Perkins Career and Technical Education Act State Plan Guide (Perkins V). Announced on August 27, 2025, this request for comment centers on a return to a simpler reporting framework—removing recently added requirements around performance formulas that many states found - [Comment Request: Accreditation Participation and Disclosures](https://www.collegeaidservices.net/2025/09/04/comment-request-accreditation-participation-and-disclosures/) - On September 4, 2025, the U.S. Department of Education published a notice in the Federal Register seeking public comment on extending an existing information collection related to accreditation participation and disclosures. The Department is asking to extend OMB Control Number 1845-0156 without any changes. This collection covers institutional requirements under two federal regulations: 34 CFR - [Comment Request: Student Assistance General Provisions-Financial Assistance for Students With Intellectual Disabilities](https://www.collegeaidservices.net/2025/09/04/comment-request-student-assistance-general-provisions-financial-assistance-for-students-with-intellectual-disabilities/) - The U.S. Department of Education has issued a notice inviting public comments on the reinstatement of existing paperwork and documentation requirements outlined in 34 CFR 668.232 and 668.233. These pertain to the administrative rules governing financial aid for students with intellectual disabilities. Interested persons are invited to submit comments on or before November 3, 2025. "This request - [Comment Request: Guaranty Agencies Security Self-Assessment and Attestation](https://www.collegeaidservices.net/2025/09/04/comment-request-guaranty-agencies-security-self-assessment-and-attestation/) - The U.S. Department of Education has issued a notice requesting public comment on revisions to its existing data-security assessment process for Guaranty Agencies, the organizations that guarantee federal student loans. Interested persons are invited to submit comments on or before November 3, 2025. "This is a request for a revision of the approved information collection - [The New Rules: How to Handle V4/V5 and Conflicting Information - Webinar (Recording)](https://www.collegeaidservices.net/2025/08/20/the-new-rules-how-to-handle-v4-v5-and-conflicting-information-webinar-recording/) - Verification and the resolution of Conflicting Information are pillars of the financial aid processing requirements. Join us for this informative session as we review verification requirements, paying special attention to V4 and V5 category selection. Our presenters will also examine common conflicting information scenarios and offer best practices for resolving the concern. Original Broadcast Date: - [EDExpress for Windows 2026–27 Packaging Technical Reference](https://www.collegeaidservices.net/2025/09/02/edexpress-for-windows-2026-27-packaging-technical-reference/) - FSA has announced the posting of the 2026–27 EDExpress for Windows Packaging Technical Reference. The Packaging Technical Reference provides instructions and record layouts for schools and other organizations that need to integrate their software or systems with the EDExpress 2026–27 Packaging module (available late September 2025). Record layouts are included for all imports from external - [2026–27 FAFSA Specifications Guide (August 2025 Update #2)](https://www.collegeaidservices.net/2025/08/29/2026-27-fafsa-specifications-guide-august-2025-update-2/) - FSA has released a second update in August to the 2026–27 FAFSA Specifications Guide, a comprehensive resource for financial aid administrators, software developers, and data processing professionals. This guide provides detailed information on integrating and managing electronic FAFSA data within institutional systems. Key Highlights from the August 2025 Update #2 Volumes Updated Volume 1, 4A - [2025–26 FAFSA Specifications Guide (August 2025 Update)](https://www.collegeaidservices.net/2025/08/29/2025-26-fafsa-specifications-guide-august-2025-update/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on August 28, 2025: FSA has updated Volume 4A, the Excel version of the - [2026–27 FAFSA Beta Testing Phase 2 Launches; FAFSA On Target for October Launch](https://www.collegeaidservices.net/2025/08/26/2026-27-fafsa-beta-phase-2-launches/) - The U.S. Department of Education has taken another step towards the roll-out of the 2026–27 FAFSA with the launch of Phase 2 of beta testing. Phase 2 commenced on Monday August 25th. Unlike the first phase, which was limited to select community partners, now any student or contributor can request to participate in the beta - [IRS Tax Return Transcript Matrix Now Available for 2025-26 FAFSA Verification](https://www.collegeaidservices.net/2025/08/15/irs-tax-return-transcript-matrix-now-available-for-2025-26-fafsa-verification/) - FSA has released the 2025-26 FAFSA Verification IRS Tax Return Transcript Matrix that institutions can use for 2025-26 verification of 2023 tax return information. Since the IRS Tax Return Transcript does not have line or item numbers and uses wording that may be different from what is used on the FAFSA form, the matrix is intended to - [Comment Request (by July 30th): Income Driven Repayment Plan Request for the William D. Ford Federal Direct Loans and Federal Family Education Loan Programs](https://www.collegeaidservices.net/2025/07/02/comment-request-by-july-30th-income-driven-repayment-plan-request-for-the-william-d-ford-federal-direct-loans-and-federal-family-education-loan-programs/) - On June 30, 2025, the U.S. Department of Education issued a notice seeking public comment on proposed revisions to the Income-Driven Repayment (IDR) Plan Request Form for federal student loans. These changes are in response to a federal court injunction issued on February 18, 2025, which halted the implementation of the Saving on a Valuable - [Updated 2026-27 Student Aid Index (SAI) and Pell Grant Eligibility Guide](https://www.collegeaidservices.net/2025/08/25/updated-2026-27-student-aid-index-sai-and-pell-grant-eligibility-guide/) - FSA has updated the 2026-27 SAI and Pell Grant Eligibility Guide to include revised instructions for calculating the SAI. What changed?: Addition of the foreign income exclusion amount to the adjusted gross income in Steps 1 and 3 Modification of the Federal Pell Grant Flag logic to account for new eligibility criteria that states the - [Third and Final Pell Grant Administrative Cost Allowance Payments for 2023–24 Award Year](https://www.collegeaidservices.net/2025/08/25/third-and-final-pell-grant-administrative-cost-allowance-payments-for-2023-24-award-year/) - FSA confirmed the release of the third and final Administrative Cost Allowance (ACA) payment for the 2023–24 Pell Grant award year, offering $5.00 per eligible student to assist institutions in covering administrative costs for the Pell Grant, Federal Supplemental Educational Opportunity Grant, Federal Work-Study, and Federal Perkins Loan programs. These payments are direct and outside - [Second Pell Grant Administrative Cost Allowance Payments for 2024-25 Award Year](https://www.collegeaidservices.net/2025/08/25/second-pell-grant-administrative-cost-allowance-payments-for-2024-25-award-year/) - FSA confirmed the release of the second Administrative Cost Allowance (ACA) payment for the 2024–25 Pell Grant award year, offering $5.00 per eligible student to assist institutions in covering administrative costs for the Pell Grant, Federal Supplemental Educational Opportunity Grant, Federal Work-Study, and Federal Perkins Loan programs. These payments are direct and outside a school’s - [ED Issues Reminders on COD Contact Information & System Peak Processing](https://www.collegeaidservices.net/2025/08/25/ed-issues-reminders-on-cod-contact-information-system-peak-processing/) - On Friday, the Department of Education issued two reminders for institutions regarding the Common Origination and Disbursement (COD) System. The first was to remind institutions and third-party servicers that contact information in the COD System must be kept current. ED provided information on how to update contact information if necessary. The second was to remind - [Updated FSA Data Center Reports - Data through June 30, 2025](https://www.collegeaidservices.net/2025/08/22/updated-fsa-data-center-reports-data-through-june-30-2025/) - FSA has posted a series of updates to its data center, the centralized online source for data and other information about FSA programs and operations. This update refreshes more than 70 quarterly application, disbursement, and portfolio reports to include data through June 30, 2025. Access the data center here. Key Findings in the Quarterly Reports - [FAFSA Reject Code 68: What It Means & How to Fix It](https://www.collegeaidservices.net/2025/08/22/fafsa-reject-code-68-what-it-means-how-to-fix-it/) - Reject Code 68 may show up on FAFSA without rejecting the application, but it signals a blank SAI and can leave families puzzled. The U.S. Department of Education is now reclassifying the underlying causes of this issue and offering targeted steps to resolve them in the near term, while a longer-term technical fix is under - [Department of Education Rescinds Prior Voter Registration and FWS Guidance](https://www.collegeaidservices.net/2025/08/20/department-of-education-rescinds-prior-voter-registration-and-fws-guidance/) - On August 19, 2025, the Department of Education issued a new Dear Colleague Letter (GEN‑25‑05) and corresponding press release that updates guidance on voter registration form distribution and rescinding prior FWS-related clarifications. PRESS RELEASE The U.S. Department of Education rescinded Biden-era guidance that allowed Federal Work Study (FWS) programs to pay students to engage in - [PSLF Eligibility at Risk for Borrowers Working for Organizations With 'Illegal' Purposes Under Proposed Rule](https://www.collegeaidservices.net/2025/08/19/pslf-eligibility-at-risk-for-borrowers-working-for-organizations-with-illegal-purposes-under-proposed-rule/) - The Department of Education proposes tightening PSLF eligibility to ensure that borrowers who work for organizations with a "substantial illegal purpose" can no longer receive loan forgiveness, even if they themselves are compliant. Public comments are due on or before September 17, 2025. To view this Federal Register publication, click here. Key Components of the Proposed - [2026–27 FAFSA Form and Pell Grant Eligibility Updates](https://www.collegeaidservices.net/2025/08/17/2026-27-fafsa-form-and-pell-grant-eligibility-updates/) - On August 15, 2025, Federal Student Aid released an electronic announcement (ID APP‑25‑23) outlining key updates to the 2026–27 FAFSA form and criteria for Pell Grant eligibility. This announcement outlines key changes to the 2026–27 Free Application for Federal Student Aid (FAFSA®) form and Federal Pell Grant eligibility criteria, as required by recent statutory changes to the federal - [2025-26 FSA Handbook - Volume 9: TEACH Grant Program - Now Available](https://www.collegeaidservices.net/2025/08/15/2025-26-fsa-handbook-volume-9-teach-grant-program-now-available/) - FSA announced the publication of Volume 9 of the 2025-2026 Federal Student Aid Handbook. This volume describes the eligibility requirements for a student to receive a TEACH Grant and the required counseling for TEACH Grant recipients, explains the terms and conditions of the TEACH Grant service obligation, and provides schools with guidance on calculating TEACH Grant awards. The - [2026–27 FAFSA Preview Presentation Available](https://www.collegeaidservices.net/2025/08/15/2026-27-fafsa-preview-presentation-available/) - To assist the community with planning and communicating changes to the 2026–27 Free Application for Federal Student Aid form, FSA has created a Microsoft PowerPoint presentation and PDF file with information and screenshots of the 2026–27 online FAFSA form. The purpose of the 2026–27 FAFSA Preview Presentation is to provide financial aid administrators, mentors, and counselors with reference tools - [Verification of Identity Reporting To Be Completed in the FAFSA Partner Portal](https://www.collegeaidservices.net/2025/08/13/verification-of-identity-reporting-to-be-completed-in-the-fafsa-partner-portal/) - FSA has announced that starting August 31, 2025, institutions are to use the FAFSA Partner Portal to report results for students selected by the FAFSA Processing System (FPS) in the Verification Tracking Groups V4 or V5 who have been asked to provide identity verification documentation. Once active, aid administrators can filter and sort lists of - [Ed Seeks Public Comments on Consumer Info Reporting by Foreign Graduate Medical Schools](https://www.collegeaidservices.net/2025/08/07/ed-seeks-public-comments-on-consumer-info-reporting-by-foreign-graduate-medical-schools/) - The U.S. Department of Education, through Federal Student Aid (FSA), has issued a notice in the Federal Register (dated August 6, 2025) seeking public comments on the extension of an existing information collection—specifically, the Foreign Graduate Medical School Consumer Information Reporting Form. This form serves as a key tool for foreign graduate medical institutions participating - [Comment Request on Extension for HEAL Program Reporting Rules](https://www.collegeaidservices.net/2025/08/07/comment-request-on-extension-for-heal-program-reporting-rules/) - The U.S. Department of Education has officially requested an extension of OMB approval for critical paperwork tied to the Health Education Assistance Loan (HEAL) Program. This includes all existing requirements around reporting, recordkeeping, and notifications under OMB number 1845‑0125. Key Details: What’s happening? The Department aims to continue its current data collection efforts without any regulatory - [2026–27 FAFSA Beta Testing Commences; New Central Hub Launches](https://www.collegeaidservices.net/2025/08/10/2026-27-fafsa-beta-testing-commences-new-central-hub-launches/) - The U.S. Department of Education has officially launched the first phase of the 2026–27 FAFSA® beta testing period, partnering with select community organizations in Arizona, California, Florida, Mississippi, and Washington, D.C. This initial round, known as Beta 1, will run through Friday, August 15. When Beta 2 opens, any user will be able to request - [Annual Updates to the ICR Plan Formula for the Federal Direct Loan Program](https://www.collegeaidservices.net/2025/08/06/annual-updates-to-the-icr-plan-formula-for-the-federal-direct-loan-program/) - The Department of Education has announced the annual updates to the ICR plan formula for 2025 to give notice to borrowers and the public regarding how monthly ICR payment amounts will be calculated for the 2025-2026 year under the William D. Ford Federal Direct Loan (Direct Loan) Program, Assistance Listing Number 84.063. The Department's 2025 - [Department of Education Re‑Establishes SSA Matching Program to Verify Title IV Eligibility](https://www.collegeaidservices.net/2025/08/08/department-of-education-re‑establishes-ssa-matching-program-to-verify-title-iv-eligibility/) - On August 7, 2025, the U.S. Department of Education announced the re‑establishment of a computer matching program with the Social Security Administration (SSA). This initiative, governed by the Privacy Act of 1974 (as amended by the Computer Matching and Privacy Protection Acts of 1988 and 1990) and further guided by OMB rules on matching programs, - [New Executive Order Targets Race Considerations in College Admissions](https://www.collegeaidservices.net/2025/08/08/new-executive-order-targets-race-considerations-in-college-admissions/) - On Thursday, a new executive order was issued that directly affects higher education institutions across the country. This new directive requires all colleges and universities to submit data verifying that race is not being considered in admissions decisions. "American students and taxpayers deserve confidence in the fairness and integrity of our Nation’s institutions of higher - [2026–27 FAFSA Prototype Now Available](https://www.collegeaidservices.net/2025/08/06/2026-27-fafsa-prototype-now-available/) - The Free Application for Federal Student Aid (FAFSA®) prototype is now available. The prototype offers an advance opportunity to gain a deeper understanding of the 2026–27 FAFSA user experience ahead of the form's release. What is the 2026–27 FAFSA® prototype? The FAFSA prototype is not a complete replica of the 2026–27 FAFSA form that will - [Strengthening Compliance and Enrollment Through Cost Transparency - Webinar (Recording)](https://www.collegeaidservices.net/2025/08/06/strengthening-compliance-and-enrollment-through-cost-transparency-webinar-recording/) - College costs are one of the biggest factors in students’ decisions—80% of families say so. Accurate, personalized cost estimates can shift the conversation. Join us to learn how Financial Aid teams are using Net Price Calculators and cost transparency strategies to improve affordability discussions, support compliance, and drive enrollment. You’ll hear real-world examples from Financial - [2026–27 FAFSA Specifications Guide (August 2025 Update)](https://www.collegeaidservices.net/2025/08/04/2026-27-fafsa-specifications-guide-august-2025-update/) - FSA has released the August 2025 update to the 2026–27 FAFSA Specifications Guide, a comprehensive resource for financial aid administrators, software developers, and data processing professionals. This guide provides detailed information on integrating and managing electronic FAFSA data within institutional systems. Key Highlights from the August 2025 Update Volumes Updated Volume 9 – FSA has - [Final 2026–27 FISAP Form, Instructions, Desk Reference, and Technical Reference](https://www.collegeaidservices.net/2025/04/23/final-2026-27-fisap-form-instructions-desk-reference-and-technical-reference/) - The Office of Management and Budget (OMB) has approved the 2024-25 Fiscal Operations Report and Application to Participate for 2026–27 (FISAP). FSA has posted the FISAP Form, Instructions, and Desk Reference to the Knowledge Center. In addition, the 2026–27 FISAP Technical Reference, which provides technical specifications and record layouts for schools or other organizations who - [FISAP - Information and Reporting Reminders for the Fiscal Operations Report for 2024–25 and Application to Participate for 2026–27](https://www.collegeaidservices.net/2025/07/22/fisap-information-and-reporting-reminders-for-the-fiscal-operations-report-for-2024-25-and-application-to-participate-for-2026-27/) - The Fiscal Operations Report for 2024–25 and Application to Participate for 2026–27 (FISAP) is now available on the Common Origination and Disbursement (COD) website. Schools that had Campus-Based expenditures for the 2024–25 award year and schools that wish to request funding under the Campus-Based programs for the 2026–27 award year are required to electronically submit - [2025–26 Federal School Code List of Participating Schools (August 2025)](https://www.collegeaidservices.net/2025/07/31/2025-26-federal-school-code-list-of-participating-schools-august-2025/) - FSA has published the updated 2025–26 Federal School Code (FSC) List of Participating Schools. The FSC List contains unique codes assigned by the U.S. Department of Education for schools participating in the Title IV federal student aid programs. Students enter these codes on the Free Application for Federal Student Aid (FAFSA®) form to indicate which - [Campus-Based Funding Notification for the 2025–26 Award Year](https://www.collegeaidservices.net/2025/07/30/campus-based-funding-notification-for-the-2025-26-award-year/) - The Notice of Campus‑Based Funding for 2025–26 award year (July 1, 2025–June 30, 2026) was published today, confirming final allocations for both FWS (Federal Work-Study) and FSEOG (Federal Supplemental Educational Opportunity Grant) programs. This report includes each school’s OPEID, name, address, state code, and federal funds authorized for the FSEOG and FWS programs as of June 26, 2025. Award - [New FSA Online Training Course – Completing the 2026–27 FISAP](https://www.collegeaidservices.net/2025/07/30/new-fsa-online-training-course-completing-the-2026-27-fisap/) - Federal Student Aid has rolled out a new online, self‑paced training course to guide colleges and universities through the completion of the Fiscal Operations Report for 2024–25 and the Application to Participate for the 2026–27 award year. The course is now available on the FSA Training Center. The FISAP is available on the Common Origination - [ED seeks emergency processing and OMB approval for 2026-27 FAFSA Revisions](https://www.collegeaidservices.net/2025/07/30/ed-seeks-emergency-processing-and-omb-approval-for-2026-27-fafsa-revisions/) - The Department of Education is requesting emergency processing and Office of Management and Budget (OMB) approval for the latest revision of the 2026–27 FAFSA application. These revisions were made to incorporate updates required by the One Big Beautiful Bill Act (OBBBA), which was signed into law on July 4, 2025. The Department is seeking emergency - [Senators Reintroduce College Transparency Act](https://www.collegeaidservices.net/2025/07/30/senators-reintroduce-college-transparency-act/) - U.S. Senators Bill Cassidy, M.D. (R-LA), chair of the Senate Health, Education, Labor, and Pensions (HELP) Committee, and Elizabeth Warren (D-MA) reintroduced the College Transparency Act (CTA), which ensures that students and families have better information as they consider higher education opportunities. U.S. Representatives Mike Kelly (R-PA) and Raja Krishnamoorthi (D-IL) introduced the companion legislation - [ED Announces Negotiated Rulemaking to Implement President Trump’s One Big Beautiful Bill](https://www.collegeaidservices.net/2025/07/25/ed-announces-negotiated-rulemaking-to-implement-president-trumps-one-big-beautiful-bill/) - The U.S. Department of Education’s Office of Postsecondary Education announced it will commence two negotiated rulemaking sessions in order to implement President Trump’s One Big Beautiful Bill Act (OBBB) higher education provisions, as well as other Administration priorities. As the first step in implementing the President’s historic agenda, the Department will host a public virtual hearing to - [FAFSA Information To Be Verified for the 2025-2026 Award Year; Identity Verification FAQ Available](https://www.collegeaidservices.net/2025/07/23/fafsa-information-to-be-verified-for-the-2025-2026-award-year/) - The U.S. Department of Education has published in the Federal Register the finalized verification requirements for FAFSA applicants in the 2025–2026 academic year (90 FR 34486). The updated notice supersedes the notice published on September 4, 2024 (89 FR 71893). These updates were previously announced on June 6 (APP-25-16) and are now officially published. Key - [Nonpayment Rates by Institution Report Now Available](https://www.collegeaidservices.net/2025/07/23/nonpayment-rates-by-institution-report-now-available/) - The nonpayment rates by institution report is now available on the FSA Data Center and shows the percentage of Direct Loan borrowers who entered repayment since January 2020 and whose federal student loans were more than 90 days delinquent at the time of the data pull (mid-May 2025). While the numerator is defined as the - [2025–26 FAFSA Specifications Guide (July 2025 Update)](https://www.collegeaidservices.net/2025/07/23/2025-26-fafsa-specifications-guide-july-2025-update/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on July 23, 2025: FSA updated Volume 4B – Processing Codes, Volume 5 – - [ED Issues Guidance on AI Use in Schools](https://www.collegeaidservices.net/2025/07/23/ed-issues-guidance-on-ai-use-in-schools/) - The U.S. Department of Education sent a Dear Colleague Letter (DCL) to grantees and future grantees on leveraging federal grant funds to improve education outcomes through Artificial Intelligence (AI). This guidance outlines how AI may be used across key educational functions, articulates principles for the responsible use of AI, and affirms that such uses are - [Preparing and Planning for your FISAP - Webinar (Recording)](https://www.collegeaidservices.net/2025/07/15/preparing-and-planning-for-your-fisap-webinar-recording/) - The FISAP (Fiscal Operations Report and Application to Participate) is an important part of an institution’s eligibility for and participation in Title IV aid programs. Allocating time and resources to preparing and updating your FISAP is essential. Join us as we discuss the significance of the FISAP and cover important timelines and best practices for - [Federal Student Loan Program Provisions Effective Upon Enactment Under the One Big Beautiful Bill Act](https://www.collegeaidservices.net/2025/07/20/federal-student-loan-program-provisions-effective-upon-enactment-under-the-one-big-beautiful-bill-act/) - On Friday, the U.S. Department of Education released a 'Dear Colleague Letter’ (DCL) outlining the immediate implementation of numerous higher education provisions in the One Big Beautiful Bill Act (OBBB). The DCL provides preliminary guidance to institutions of higher education and FSA’s partners on changes to income-based repayment plans, repayment options for parents, loan limits - [2026–27 FAFSA Specifications Guide (July 2025 Update)](https://www.collegeaidservices.net/2025/07/16/2026-27-fafsa-specifications-guide-july-2025-update/) - FSA has released the July 2025 update to the 2026–27 FAFSA Specifications Guide, a comprehensive resource for financial aid administrators, software developers, and data processing professionals. This guide provides detailed information on integrating and managing electronic FAFSA data within institutional systems. Key Highlights from the July 2025 Update New Volumes Released Volume 1 – Summary - [HEAL Program: Maximum Interest Rates for Quarter Ending Sept. 30, 2025](https://www.collegeaidservices.net/2025/07/17/heal-program-maximum-interest-rates-for-quarter-ending-sept-30-2025/) - The U.S. Department of Education’s Federal Student Aid office recently released the updated maximum interest rates for the Health Education Assistance Loan (HEAL) Program for the quarter ending September 30, 2025. Here's what you need to know: Current Maximum Interest Rates Loans made before January 27, 1981: 7.875% Variable-rate loans originated between January 27, 1981, - [SAIG Enrollment Functionality Now Live on FSA Partner Connect](https://www.collegeaidservices.net/2025/07/15/saig-enrollment-functionality-now-live-on-fsa-partner-connect/) - The latest version of FSA Partner Connect successfully launched on July 14th. With this implementation, FSA Partner Connect is now the primary enrollment and user management service for Federal Student Aid and organizations can submit new or updated Student Aid Internet Gateway (SAIG) enrollment and access requests through FSA Partner Connect’s Account Access Management Center - [Additional Guidance for the 2023–24 Direct Loan Program Year Closeout](https://www.collegeaidservices.net/2025/07/15/additional-guidance-for-the-2023-24-direct-loan-program-year-closeout/) - Over the past few months, the Department of Education has provided information about 2023–24 Direct Loan Program Year closeout (see the Feb. 20, 2025 Electronic Announcement and the May 19, 2025 Electronic Announcement). Today, announcement DL-25-04 was released which supplements the previous guidance. Electronic Announcement ID: DL-25-04 Subject: Additional 2023–24 Direct Loan Program Year Closeout Information - [SCOTUS Ruling Clears Path for Layoffs at the U.S. Department of Education](https://www.collegeaidservices.net/2025/07/15/scotus-ruling-clears-path-for-layoffs-at-the-u-s-department-of-education/) - On Monday July 14, 2025, the Supreme Court issued a temporary order from its emergency docket that allows the Department of Education to proceed with significant layoffs affecting approximately 1,400 employees, reversing a lower‑court ruling . This decision empowers the Administration’s efforts to downsize and delegate federal education responsibilities to state and local authorities. Context - [Interest Rate Calculations - Federal Stafford, Federal PLUS, Federal SLS, and Federal Consolidation Loans - July 1, 2025 – June 30, 2026](https://www.collegeaidservices.net/2025/06/27/interest-rate-calculations-federal-stafford-federal-plus-federal-sls-and-federal-consolidation-loans-july-1-2025-june-30-2026/) - The U.S. Department of Education has released updated variable interest rates for certain Federal Family Education Loan (FFEL) Program loans for the period from July 1, 2025, to June 30, 2026. These rates apply to older variable-rate loans, as newer loans issued after July 1, 2006, have fixed interest rates. On July 10, 2025, the - [Federal Family Education Loan Program Special Allowance Rates for the Quarter Ending June 30, 2025](https://www.collegeaidservices.net/2025/07/11/federal-family-education-loan-program-special-allowance-rates-for-the-quarter-ending-june-30-2025/) - The U.S. Department of Education is required under section 438 of the Higher Education Act to calculate and issue the quarterly special allowance rates for three categories listed below. Treasury Bill Rate The Treasury bill rate is the average of the bond equivalent rates of the 13-week Treasury bills as published by the U.S. Department - [Reminder - 2024–25 Campus-Based Reallocation Form Deadline is August 20, 2025](https://www.collegeaidservices.net/2025/07/10/reminder-2024-25-campus-based-reallocation-form-deadline-is-august-20-2025/) - The U.S. Department of Education has released guidance on the 2024–25 Campus-Based Reallocation Process, enabling schools to return unused Federal Work-Study (FWS) and Federal Supplemental Educational Opportunity Grant (FSEOG) funds, and to request supplemental FWS funds for the 2025–26 award year. Schools must electronically submit the Campus-Based Reallocation Form via the COD website by Wednesday, - [Taxpayer subsidization ends for illegal aliens in career, technical, and adult education programs](https://www.collegeaidservices.net/2025/07/10/taxpayer-subsidization-ends-for-illegal-aliens-in-career-technical-and-adult-education-programs/) - The U.S. Department of Education today announced it will end taxpayer subsidization of illegal aliens in career, technical, and adult education programs. In an interpretive rule issued today, the Department rescinded a Dear Colleague letter from the Clinton Administration that enabled non-qualified illegal aliens to access federal public benefits in contravention of the Personal Responsibility - [Student Loan Interest Resumes August 1 for SAVE Plan Borrowers](https://www.collegeaidservices.net/2025/07/10/student-loan-interest-resumes-august-1-for-save-plan-borrowers/) - The Department of Education announced on Wednesday that starting August 1, 2025, interest will resume on federal student loans for approximately 7.7 million borrowers enrolled in the Saving on a Valuable Education (SAVE) repayment plan. Interest will not be assessed retroactively. The Department is advising borrowers currently in the SAVE plan to transition to other - [Reminder of FVT GE Required Reporting for the 2025 Cycle](https://www.collegeaidservices.net/2025/07/09/reminder-of-fvt-ge-required-reporting-for-the-2025-cycle/) - FSA has issued a reminder regarding the FVT/GE reporting requirements for the 2025 cycle. Institutions participating in Title IV federal student aid programs are required to submit relevant data to the NSLDS between July 1 and October 1, 2025. The full announcement is below. If you need extra hands on deck to assist with your - [U.S. Department of Education Concludes Negotiated Rulemaking Session to Restore Public Service Loan Forgiveness](https://www.collegeaidservices.net/2025/07/03/u-s-department-of-education-concludes-negotiated-rulemaking-session-to-restore-public-service-loan-forgiveness/) - On July 2nd, the U.S. Department of Education concluded its negotiated rulemaking session to ensure that employers in the Public Service Loan Forgiveness Program (PSLF) are not engaging in activities that have a substantial illegal purpose. After three days of negotiations, an overwhelming majority of the committee voted to refine the definitions of a qualifying - [Additional Information for July 2025 Implementation of SAIG Enrollment Functionality](https://www.collegeaidservices.net/2025/07/02/additional-information-for-july-2025-implementation-of-saig-enrollment-functionality/) - FSA has announced that the expanded features of FSA Partner Connect, including SAIG enrollment functionality, will be available on July 14, 2025. This update will retire the SAIG Enrollment website and introduce several key changes: Role Renaming: The "Primary/Secondary Destination Point Administrators (DPAs)" will now be referred to as "Primary/Secondary Administrators." Access Verification: Administrators should - [Reminder: Report Foreign Gifts and Contracts by July 31](https://www.collegeaidservices.net/2025/06/27/reminder-report-foreign-gifts-and-contracts-by-july-31/) - The U.S. Department of Education has issued a reminder that higher education institutions must submit their semiannual disclosure reports under Section 117 of the Higher Education Act of 1965 by Thursday, July 31, 2025. This federal requirement applies to any institution that is either owned or controlled by a foreign source, or that has received - [EDExpress for Windows 2025–26, Release 2.0](https://www.collegeaidservices.net/2025/06/27/edexpress-for-windows-2025-26-release-2-0/) - FSA has released a new service update for EDExpress for Windows 2025–26, Release 2.0, introducing Campus-Based functionality. This update enables schools to report Federal Work-Study (FWS) data to the Common Origination and Disbursement (COD) System using the Campus-Based Common Record schema (version 1.0b), effective June 29, 2025. Key Features: Campus-Based Functionality: Schools can now define - [Operational Information – Reporting Calendar Year 2024 Federal Work-Study Earnings to the COD System Using the Campus-Based XML Schema Version 1.0b](https://www.collegeaidservices.net/2025/06/25/operational-information-reporting-calendar-year-2024-federal-work-study-earnings-to-the-cod-system-using-the-campus-based-xml-schema-version-1-0b/) - The Department of Education has announced that, starting June 29, 2025, schools must report Federal Work-Study (FWS) earnings for the 2024 calendar year using the Common Origination and Disbursement (COD) System and Campus-Based XML Schema Version 1.0b. This data will be utilized in the 2026–27 Free Application for Federal Student Aid (FAFSA®) processing cycle. Key - [ED Seeks Feedback to Enhance FAFSA Services—Participate by July 11](https://www.collegeaidservices.net/2025/06/25/ed-seeks-feedback-to-enhance-fafsa-services-participate-by-july-11/) - The U.S. Department of Education is inviting financial aid administrators and state agencies to participate in a brief, optional survey aimed at enhancing the processing of the Free Application for Federal Student Aid (FAFSA®). This initiative seeks to gather insights on how institutions and agencies receive and utilize FAFSA data to determine student eligibility for - [2026–27 FAFSA Improvements and Beta Testing](https://www.collegeaidservices.net/2025/06/23/2026-27-fafsa-improvements-and-beta-testing/) - FSA has announced enhancements to the 2026–27 FAFSA, aiming to simplify and expedite the application experience for students and families. Key Improvements for 2026–27 Real-Time Identity Verification: Starting in August 2025, users creating a StudentAid.gov account with a Social Security number (SSN) will undergo immediate identity verification. This advancement eliminates the previous one-to-three-day waiting period, - [Aligning Your E-App with P&Ps: A Compliance-First Approach - Webinar (Recording)](https://www.collegeaidservices.net/2025/06/11/aligning-your-e-app-with-pps-a-compliance-first-approach-webinar-recording/) - Ensuring your E-App and Policies & Procedures (P&P) manual are in sync is not just best practice—it’s essential for maintaining compliance and demonstrating administrative capability. In this timely and practical webinar, we’ll explore how to effectively connect your institution’s E-App with your internal policies to support accurate reporting, strengthen audit readiness, and align with evolving - [Update to Effective Dates - List of Approved Ability to Benefits Tests](https://www.collegeaidservices.net/2025/05/27/update-to-effective-dates-list-of-approved-ability-to-benefits-tests/) - A recent notice provided an update to the list of Ability to Benefits (ATB) tests approved by the Secretary of Education. There are no changes to the June 14, 2024, list of currently approved ATB Tests (89 FR 50584). The new notice is a technical update to the effective dates for the Wonderlic Basic Skills - [2026–27 Student Aid Index (SAI) and Pell Grant Eligibility Guide](https://www.collegeaidservices.net/2025/06/15/2026-27-student-aid-index-sai-and-pell-grant-eligibility-guide/) - Last Friday, FSA announced the release of the 2026–27 Student Aid Index (SAI) and Pell Grant Eligibility Guide. This guide includes the methodology for determining eligibility for federal student aid, and the worksheets and tables used to determine a student’s SAI for the 2026–27 award year. Download the guide here: 2026-27 Student Aid Index (SAI) - [SAIG Message Class File Update](https://www.collegeaidservices.net/2025/06/12/saig-message-class-file-update-2/) - On June 6, 2025, FSA distributed an updated Message Class Table File (MESSAGTB) via the Student Aid Internet Gateway (SAIG) to all user mailboxes. This update introduces new message classes for the COD System. The EDconnect software will automatically download and import the new MESSAGTB file during the user's next connection to the SAIG network. - [Additional COD System Implementation for 2025–26 Award Year (June 2025)](https://www.collegeaidservices.net/2025/06/13/additional-cod-system-implementation-for-2025-26-award-year-june-2025/) - On June 29, the U.S. Department of Education will implement additional updates to the COD System for the 2025–26 award year. These enhancements aim to support processing for various federal student aid programs, including the Federal Pell Grant, Iraq and Afghanistan Service Grant, TEACH Grant, Direct Loan, and Campus-Based programs. Scheduled System Outage To facilitate - [TEACH Grant Closeout Information for 2024–25 Award Year](https://www.collegeaidservices.net/2025/06/13/teach-grant-closeout-information-for-2024-25-award-year/) - The U.S. Department of Education has announced that the final deadline for schools to submit and reconcile TEACH Grant data for the 2024–25 award year is Tuesday, September 30, 2025. This date marks the last processing day for the award year, and all data must be received and accepted by then to be included in - [Student Eligibility Series - Part 2: UEH, Aggregates, and LEU - Webinar (Recording)](https://www.collegeaidservices.net/2025/03/18/student-eligibility-series-part-2-ueh-aggregates-and-leu-recording/) - Join us as our panelists discuss how previous financial aid history can affect a student's current eligibility. We will review Unusual Enrollment History (UEH), Aggregate loan limits, and Pell Lifetime Eligibility Used (LEU), and discuss the necessary steps that must be taken to evaluate these requirements. Original Broadcast Date: Tuesday March 18, 2025 at 2 - [Student Eligibility Series - Part 3: HS Diploma, GED, Certificates, Ability to Benefit - Webinar (Recording)](https://www.collegeaidservices.net/2025/04/14/student-eligibility-series-part-3-hs-diploma-ged-certificates-ability-to-benefit-recording/) - In the final installment of our Student Eligibility Series, our presenters will review the initial eligibility requirements for students to receive aid, such as an earned High School Diploma or GED. Our panelists will also review the impact of Certificates and Ability to Benefit (ATB) on student eligibility, and what documentation can and should be - [Enrollment Reporting and Managing Withdrawals - Webinar (Recording)](https://www.collegeaidservices.net/2025/05/14/enrollment-reporting-and-managing-withdrawals-recording/) - Join our team as we discuss the importance of accurate enrollment reporting. This session will provide an overview of the reporting requirement and identify key procedural information to review. Gathering valuable insight from their extensive experience, our presenters will share their knowledge and offer key resources to assist with staying up to date on reporting - [Upcoming FSA Webinar Offers Live Q&A for Financial Aid Professionals on June 4](https://www.collegeaidservices.net/2025/05/21/upcoming-fsa-webinar-offers-live-qa-for-financial-aid-professionals-on-june-4/) - Federal Student Aid (FSA) has announced an upcoming live webinar titled "General Q&A Session," scheduled for Wednesday, June 4, 2025, from 1:00 to 2:00 p.m. Eastern Time. This session offers financial aid professionals an opportunity to engage directly with FSA policy and training experts, focusing primarily on topics presented in the April 30th Federal Update. - [NSLDS DELQ01 Report Assists Institutions Target Delinquent Borrowers](https://www.collegeaidservices.net/2025/06/09/nslds-delq01-report-assists-institutions-target-delinquent-borrowers/) - Today FSA released electronic announcement GENERAL-25-27, which presents the NSLDS Delinquent Borrower Report (DELQ01) as a key resource for institutions aiming to prevent student loan defaults. This report assists schools in identifying and reaching out to borrowers who are delinquent on their federal student loans. Key Features of the DELQ01 Report: Comprehensive Borrower Information: The - [Upcoming Verification Changes as FSA Increases Measures to Prevent Fraud](https://www.collegeaidservices.net/2025/06/09/upcoming-verification-changes-as-fsa-increases-measures-to-prevent-fraud/) - The Department of Education has announced significant measures to combat identity fraud in federal student aid programs, including those particularly targeting the Pell Grant program which has been susceptible to sophisticated fraud schemes. Enhanced Identity Screening for FAFSA Applicants: Starting in Fall 2025, FSA will implement an additional screening process for each FAFSA® applicant to - [Federal Need Analysis Methodology for the 2026-27 Award Year](https://www.collegeaidservices.net/2025/06/06/federal-need-analysis-methodology-for-the-2026-27-award-year/) - On June 5, 2025, the U.S. Department of Education released its annual update to the Federal Need Analysis Methodology for the 2026–27 award year. This methodology determines students' eligibility for federal financial aid programs, including Pell Grants, Federal Work-Study, Supplemental Educational Opportunity Grants (FSEOG), Direct Loans, and TEACH Grants. The Department updated five core tables - [2025-26 Federal Student Aid Handbook - Volume 8 Now Available](https://www.collegeaidservices.net/2025/06/06/2025-26-federal-student-aid-handbook-volume-8-now-available/) - FSA has published Volume 8 of the 2025-2026 Federal Student Aid Handbook. 2025-2026 Federal Student Aid Handbook Volume 8: The Direct Loan Program – This volume discusses the William D. Ford Federal Direct Loan Program (Direct Loan Program) and describes how the U.S. Department of Education (the Department) makes loans to help students and parents - [2026–27 FAFSA Specifications Guide (June 2025 Update)](https://www.collegeaidservices.net/2025/06/03/2026-27-fafsa-specifications-guide-june-2025-update/) - FSA has released the June 2025 update to the 2026–27 FAFSA Specifications Guide, a comprehensive resource for financial aid administrators, software developers, and data processing professionals. This guide provides detailed information on integrating and managing electronic FAFSA data within institutional systems. Key Highlights from the June 2025 Update New Volumes Released Volume 3 – Electronic - [2025–26 Direct Loan Interest Rates Announced](https://www.collegeaidservices.net/2025/05/30/2025-26-direct-loan-interest-rates-announced/) - The U.S. Department of Education has announced the interest rates for federal Direct Loans first disbursed between July 1, 2025, and June 30, 2026. These rates are determined annually based on the high yield of the 10-year Treasury note auction held before June 1, plus a statutory add-on percentage specific to each loan type. Prospective - [2025-26 Federal Pell Grant Award Amounts Released, Maximum Maintained at $7,395](https://www.collegeaidservices.net/2025/01/31/2025-26-federal-pell-grant-award-amounts-released-maximum-maintained-at-7395/) - The Department of Education has released the 2025-26 Federal Pell Grant maximum award of $7,395, with the minimum set at $740 in the Dear Colleague Letter below. The letter highlights that eligibility is determined by an applicant's Student Aid Index (SAI), family size, and other factors, as explained in the 2025-26 SAI and Pell Eligibility - [2025–2026 COD Technical Reference (May 2025 Update)](https://www.collegeaidservices.net/2025/05/22/2025-2026-cod-technical-reference-may-2025-update/) - FSA has added Volume 4 and made minor changes to Volumes 1 and 2. The changes are noted in the May 2025 Change Tracking Log. COD Technical Reference Files: 2025–2026 COD Technical Reference (May 2025 Update) - [Protecting Student Aid: ED is Cracking Down on Fraud](https://www.collegeaidservices.net/2025/05/29/protecting-student-aid-ed-is-cracking-down-on-fraud/) - The U.S. Department of Education has announced significant measures to combat fraud in federal student aid programs, aiming to safeguard taxpayer funds and uphold the integrity of financial assistance systems. A recent analysis revealed nearly $90 million in improper disbursements, including over $30 million sent to deceased individuals and $56 million in erroneous Direct Student - [ED Expands Late Disbursement Flexibility for 2024–25 FAFSA Amid Ongoing Processing Errors](https://www.collegeaidservices.net/2025/05/27/ed-expands-late-disbursement-flexibility-for-2024-25-fafsa-amid-ongoing-processing-errors/) - The U.S. Department of Education has announced expanded flexibilities for late disbursements of federal student aid for the 2024–25 FAFSA cycle, addressing ongoing processing errors that have impacted students' eligibility for aid. Key Updates: Extended Late Disbursement Flexibilities The Department is extending late disbursement flexibilities to students who filed the FAFSA—either online or via paper—for - [2025-26 Award Year Deadline Dates: Federal Perkins Loan, Federal Work-Study, and Federal Supplemental Educational Opportunity Grant Programs](https://www.collegeaidservices.net/2025/05/23/2025-26-award-year-deadline-dates-federal-perkins-loan-federal-work-study-and-federal-supplemental-educational-opportunity-grant-programs/) - The U.S. Department of Education has released the official deadline dates for the 2025–26 award year for the Federal Perkins Loan, Federal Work-Study (FWS), and Federal Supplemental Educational Opportunity Grant (FSEOG) programs. These campus-based aid programs require institutions to submit various reports and applications by specific dates to ensure continued participation and funding. To view - [2025–26 FAFSA Specifications Guide (May 2025 Update)](https://www.collegeaidservices.net/2025/05/24/2025-26-fafsa-specifications-guide-may-2025-update/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on May 23, 2025: FSA updated Volume 3 – Electronic Data Exchange and FAFSA - [Summer 2025 Campus-Based School Testing to Report Federal Work-Study Wages](https://www.collegeaidservices.net/2025/05/22/summer-2025-campus-based-school-testing-to-report-federal-work-study-wages/) - The U.S. Department of Education has announced the Summer 2025 Campus-Based School Testing initiative for institutions reporting Federal Work-Study (FWS) wages using the Campus-Based Common Record XML Schema Version 1.0b. This testing period runs from May 21 through September 30, 2025, and aims to help schools, third-party servicers, and software providers validate their systems with - [Record Submission Due Date for 2023–24 Direct Loan Program Year Closeout](https://www.collegeaidservices.net/2025/05/19/record-submission-due-date-for-2023-24-direct-loan-program-year-closeout/) - FSA previously informed schools in a Feb. 20, 2025 Electronic Announcement that the closeout deadline for the 2023–24 Direct Loan Program Year is Thursday, July 31, 2025. This is the last processing day before the end of the program year. All school data must be received and accepted by this date to be included in a - [FSA Tightens Security: 30-Day Inactivity Lockouts and New Self-Service Access Tools Coming May 18](https://www.collegeaidservices.net/2025/05/15/fsa-tightens-security-30-day-inactivity-lockouts-and-new-self-service-access-tools-coming-may-18/) - Starting May 18, 2025, Federal Student Aid (FSA) will implement significant security updates to its Access and Identity Management System (AIMS), which governs access to key systems like COD, NSLDS, SAIG Enrollment, and the FAFSA Partner Portal. Key Changes: Shortened Inactivity Period: User access will now be disabled after 30 days of inactivity, reduced from - [Public Comment Request for the 2026-2027 FAFSA due on or before June 13](https://www.collegeaidservices.net/2025/05/15/public-comment-request-for-the-2026-2027-fafsa-due-on-or-before-june-13/) - The U.S. Department of Education is seeking public feedback on the proposed 2026–2027 Free Application for Federal Student Aid (FAFSA). Interested persons are invited to submit comments on or before June 13, 2025. For more details and to submit your feedback, visit the Federal Register notice. SOURCE: Comment Request: 2026-2027 Free Application for Federal Student - [Ongoing and Updated FAFSA Issues](https://www.collegeaidservices.net/2024/01/19/ongoing-and-updated-fafsa-issues/) - Updated May 12, 2025 The Department of Education continues to work on FAFSA bugs and issues. According to the Issues Alerts page, there are currently 17 open issues and 48 that have been resolved. The list of issues impacts both the 2024-25 and 2025-26 cycles, unless otherwise noted. Information specific to production ISIRs is available - [Training Webinar: Submitting Corrections in the FAFSA Partner Portal](https://www.collegeaidservices.net/2025/04/18/training-webinar-submitting-corrections-in-the-fafsa-partner-portal/) - FSA has announced an upcoming webinar which will provide guidance and reminders about submitting corrections in the FAFSA Partner Portal. This webinar, offered on April 25 and again on May 9, 2025, will cover navigation tips, how to resolve reject codes, and guidance on applying professional judgment, with a focus on the most common reasons - [U.S. Department of Education Calls for Nominations to Serve on Negotiated Rulemaking Committee](https://www.collegeaidservices.net/2025/05/12/u-s-department-of-education-calls-for-nominations-to-serve-on-negotiated-rulemaking-committee/) - The U.S. Department of Education’s Office of Postsecondary Education announced its intention to establish a Negotiated Rulemaking Committee entitled ‘Student Loans and Affordability Committee’ to prepare proposed regulations for federal student aid programs authorized under Title IV of the Higher Education Act. This action comes following two public hearings and a comment period where the - [NSLDS Post-screening Functionality To Resume This Week](https://www.collegeaidservices.net/2025/05/05/nslds-post-screening-functionality-to-resume-this-week/) - The U.S. Department of Education has announced that the National Student Loan Data System (NSLDS) will resume its automated post-screening functionality for the 2024–25 and 2025–26 FAFSA cycles during the week of May 5, 2025. This process, which was delayed from its original timeline, ensures that institutions receive updated Institutional Student Information Records (ISIRs) reflecting - [Latest Update on Foreign Gifts and Contracts in Higher Education](https://www.collegeaidservices.net/2025/05/10/latest-update-on-foreign-gifts-and-contracts-in-higher-education/) - On May 9, 2025, FSA published the February 2025 report on foreign gifts and contracts reported by U.S. higher education institutions, as mandated by Section 117 of the Higher Education Act of 1965. This section requires institutions receiving federal financial assistance to disclose semiannually any gifts or contracts from foreign sources valued at $250,000 or - [Upcoming FSA Partner Connect Implementation and SAIG Enrollment Actions - What you need to know](https://www.collegeaidservices.net/2025/05/10/upcoming-fsa-partner-connect-implementation-and-saig-enrollment-actions-what-you-need-to-know/) - FSA has announced a significant update: starting in July 2025, the FSA Partner Connect portal will become the primary platform for Student Aid Internet Gateway (SAIG) enrollment and user management. This transition aims to streamline processes for institutions and partners involved in administering Title IV federal student aid programs. As a result of this update, the SAIG - [FY 26 Sequester-Required Changes to the Title IV Student Aid Programs](https://www.collegeaidservices.net/2025/05/06/fy-26-sequester-required-changes-to-the-title-iv-student-aid-programs/) - The U.S. Department of Education has announced that sequester-required changes to Title IV federal student aid programs for Fiscal Year 2026 (FY 26) will remain consistent with those from FY 25. These adjustments, mandated by the Budget Control Act of 2011, affect Direct Loans and TEACH Grants disbursed between October 1, 2025, and September 30, - [2026–27 FAFSA Specifications Guide (May 2025 Update)](https://www.collegeaidservices.net/2025/05/08/2026-27-fafsa-specifications-guide-may-2025-update/) - FSA has released the May 2025 update to the 2026–27 FAFSA Specifications Guide, a comprehensive resource for financial aid administrators, software developers, and data processing professionals. This guide provides detailed information on integrating and managing electronic FAFSA data within institutional systems. Key Highlights from the May 2025 Update New Volumes Released The May 2025 update - [Expanding Accreditation Options: What Colleges Need to Know About the Department of Education’s Latest Guidance](https://www.collegeaidservices.net/2025/05/01/expanding-accreditation-options-what-colleges-need-to-know-about-the-department-of-educations-latest-guidance/) - On April 30, 2025, the U.S. Department of Education unveiled important updates that give colleges and universities more flexibility in choosing and changing their accrediting agencies. Through a new Dear Colleague Letter (GEN-25-03) and an accompanying press release, the Department outlined a streamlined approval process, clarified valid reasons for changing accreditors, and lifted a longstanding - [U.S. Department of Education Reminds Colleges and Universities of Their Obligations to Help Struggling Borrowers](https://www.collegeaidservices.net/2025/05/06/u-s-department-of-education-reminds-colleges-and-universities-of-their-obligations-to-help-struggling-borrowers/) - On Monday May 5th, the U.S. Department of Education (Department) issued a ‘Dear Colleague Letter’ (DCL) to institutions of higher education reminding them of their shared responsibility under Title IV of the Higher Education Act of 1965 (HEA) to support student loan borrowers. The Department issued the guidance on the same day it is resuming - [2025–26 Federal School Code List of Participating Schools (May 2025 Update)](https://www.collegeaidservices.net/2025/05/01/2025-26-federal-school-code-list-of-participating-schools-may-2025-update/) - The U.S. Department of Education has released the May 2025 update to the 2025–26 Federal School Code (FSC) List of Participating Schools. This list is essential for students completing the Free Application for Federal Student Aid (FAFSA), as it contains the unique codes that identify institutions participating in Title IV federal student aid programs. By - [EDExpress for Windows 2025–26, Release 2.0 Now Available](https://www.collegeaidservices.net/2025/05/01/edexpress-for-windows-2025-26-release-2-0-now-available/) - The U.S. Department of Education has released EDExpress for Windows 2025–26, Release 2.0. It is available in the Software and Other Tools area of the Knowledge Center website. Key Enhancements in Release 2.0 Expanded Module Support: This release adds full functionality for the Pell Grant, Direct Loan, TEACH Grant, and Campus-Based modules, building upon the Global, Application Processing, - [90/10 Reporting in eZ-Audit Online Training Available](https://www.collegeaidservices.net/2025/04/30/90-10-reporting-in-ez-audit-online-training-available/) - FSA has announced six new training modules on the FSA Training Center to assist proprietary institutions and their auditors with understanding and complying with the 90/10 Revenue Calculation and how to report the information in eZ-Audit. The training sessions include step-by-step tutorials to demonstrate proper data entry and treatment of the 90/10 Revenue Calculation and - [Update on 2024–25 Verification Reporting and Status Code "W" Warning: What Schools Need to Know](https://www.collegeaidservices.net/2025/04/25/2024-25-verification-reporting-and-verification-status-code-w-warning-message/) - On April 24, 2025, FSA released an important update regarding 2024–25 Verification Reporting and the handling of Verification Status Code “W” (GRANTS-25-02). This update is crucial for schools administering Federal Pell Grants to ensure compliance with Title IV regulations. Key Points on Verification Reporting Schools are required to verify information submitted on the FAFSA® for - [White House Unveils New Education Policies via Six Executive Orders](https://www.collegeaidservices.net/2025/04/24/white-house-unveils-new-education-policies-via-six-executive-orders/) - On Wednesday, April 23, 2025, President Donald Trump signed six Education Executive Orders that signal a major shift in federal education policy. These directives emphasize transparency, merit-based systems, the rollback of Diversity, Equity, and Inclusion (DEI) initiatives, and a renewed focus on workforce readiness and national competitiveness. These orders have already sparked vigorous debate among - [Student Eligibility Webinar Series Available On-Demand](https://www.collegeaidservices.net/2025/04/23/student-eligibility-webinar-series-available-on-demand/) - All three sessions of our Student Eligibility Webinar Series are now available on-demand. The webinar slides and post-webinar questions and answers handout are available in the Resources module of the webinar platform. Thank you to all those that participated during the live webinars. Below are descriptions of each session and links to the recordings. Part - [Federal Student Loan Collections to Resume May 5, 2025—What Borrowers Need to Know](https://www.collegeaidservices.net/2025/04/22/federal-student-loan-collections-to-resume-may-5-2025-what-borrowers-need-to-know/) - The U.S. Department of Education has announced that collections on defaulted federal student loans will resume on May 5, 2025, ending a pause that began in March 2020 due to the COVID-19 pandemic. Key Points: Resumption of Collections: Starting May 5, the Department will restart collections on defaulted loans, including wage garnishments and the Treasury - [HEAL Program Interest Rates for Quarter Ending June 30, 2025](https://www.collegeaidservices.net/2025/04/18/heal-program-interest-rates-for-quarter-ending-june-30-2025/) - The maximum HEAL Program interest rates for the quarter ending June 30, 2025 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. FSA has also made conforming updates to the “Maximum Interest Rates for Previous Three Quarters” section - [2025-26 Federal Student Aid Handbook - Volumes 3 & 7 Available](https://www.collegeaidservices.net/2025/04/18/2025-26-federal-student-aid-handbook-volumes-3-7-available/) - Today, Federal Student Aid announced the publication of Volumes 3 and 7 of the 2025-2026 Federal Student Aid Handbook. 2025-2026 Federal Student Aid Handbook Volume 3: Academic Years, Academic Calendars, Payment Periods, and Disbursements – This volume discusses the academic calendar, payment period, and disbursement requirements for awarding aid under the Title IV student financial - [Federal Student Aid – Special Allowance Rates (Quarter Ending March 31, 2025)](https://www.collegeaidservices.net/2025/04/17/federal-student-aid-special-allowance-rates-quarter-ending-march-31-2025/) - The U.S. Department of Education, under Section 438 of the Higher Education Act, is mandated to calculate and publish quarterly special allowance rates for the Federal Family Education Loan (FFEL) Program. Today, the Department announced that for the quarter ending March 31, 2025, the following average rates were established: Treasury Bill Rate Based on: Average - [FAFSA Update on Student Records with a Pseudo-SSN](https://www.collegeaidservices.net/2025/04/15/fafsa-update-on-student-records-with-a-pseudo-ssn/) - On April 14, FSA released Electronic Announcement APP-25-11 which includes guidance for institutions with students who have a pseudo-Social Security number. The guidance reads: Update on Student Records with a Pseudo-SSN FAFSA applicants from the Freely Associated States (the Republic of Palau, the Republic of the Marshall Islands, or the Federated States of Micronesia) who - [2024-25 and 2025–26 FAFSA Submission Summary Reprint Functionality for Paper Filers](https://www.collegeaidservices.net/2025/04/15/2024-25-and-2025-26-fafsa-submission-summary-reprint-functionality-for-paper-filers/) - On April 14, FSA released Electronic Announcement APP-25-11 which includes an update about new FAFSA Submission Summary request functionality in FAFSA Partner Portal (FPP) for paper filers. The announcement reads: FAFSA Submission Summary Reprint Functionality for Paper Filers On March 30, the Department implemented new functionality in the FPP to enable the reprinting of a - [ISIR Request Functionality for Institutions and States](https://www.collegeaidservices.net/2025/04/15/isir-request-functionality-for-institutions-and-states/) - On April 14, FSA released Electronic Announcement APP-25-11 which includes an update about the ISIR request functionality starting with the 2024–25 cycle. The announcement reads: ISIR Request Functionality for Institutions and States On March 30, the Department restored the ability for institutions and states to request a single ISIR or a specified group of ISIRs - [FAFSA Technical FAQ and Known Issues: Key Updates and Ongoing Challenges](https://www.collegeaidservices.net/2025/03/21/fafsa-technical-faq-and-known-issues-key-updates-and-ongoing-challenges/) - Updated April 11th The Department of Education continues to update the "Technical Frequently Asked Questions and Known Issues" to address issues for the 2024-25 and 2025-26 FAFSA applications. According to the FAQ, there are currently 4 open issues and 2 that have been resolved. Open Issues ISIRs delivered with blank SAIs and no reject code - [Final Funding Authorizations for 2025–26 Campus-Based Programs (Apr. 10 Update)](https://www.collegeaidservices.net/2025/04/11/final-funding-authorizations-for-2025-26-campus-based-programs-apr-10-update/) - The Department of Education has confirmed the 2025-26 federal funding allocations for the Federal Supplemental Educational Opportunity Grant (FSEOG) and Federal Work-Study (FWS) programs. Institutions are advised to log into the COD website to review the final Campus-Based program funding worksheets, which have been calculated using the applicable statutory formula and amount of funds appropriated - [Latest Federal Comment Requests Propose Streamlining CAR and State Plan Submissions](https://www.collegeaidservices.net/2025/04/10/latest-federal-comment-requests-propose-streamlining-car-and-state-plan-submissions/) - The Department of Education has proposed reinstating the previously approved version of the Consolidated Annual Report and the State Plan Guide under the Carl D. Perkins Career and Technical Education Act of 2006. The changes aim to remove additional reporting requirements and the need for updated numerator and denominator formulas. Public comments on these proposals - [New FSA Microlearning Courses Provide Updated Training for 2025-26 EDExpress Users](https://www.collegeaidservices.net/2025/04/08/new-fsa-microlearning-courses-provide-updated-training-for-2025-26-edexpress-users/) - Federal Student Aid has launched six new microlearning courses for the EDExpress for Windows software, featuring multiple video demonstrations. These courses focus on the latest updates in the 2025-26 version, including a new user interface, to ensure users are prepared moving forward. Below is a breakdown of the topics that the courses will discuss: EDExpress - [TPD Processing Resumes After Successful Transition to StudentAid.gov](https://www.collegeaidservices.net/2025/04/08/tpd-processing-resumes-after-successful-transition-to-studentaid-gov/) - FSA announced the successful transition of the Total and Permanent Disability Discharge process to StudentAid.gov on March 23, 2025, as part of its Unified Servicing and Data Solution (USDS) initiative. This means that impacted federal student borrowers will receive a new servicer in the near future, and Loan Holder Notification Files will be sent through - [Final Funding Authorizations for 2025–26 Campus-Based Programs (Apr. 3 Update)](https://www.collegeaidservices.net/2025/04/04/final-funding-authorizations-for-2025-26-campus-based-programs-apr-3-update/) - The Department of Education has confirmed the 2025-26 federal funding allocations for the Federal Supplemental Educational Opportunity Grant (FSEOG) and Federal Work-Study (FWS) programs. Institutions are advised to log into the COD website to review the final Campus-Based program funding worksheets, which have been calculated using the applicable statutory formula and amount of funds appropriated - [Preliminary Campus-Based Program Funding Now Available for 2025-26 Academic Year](https://www.collegeaidservices.net/2025/01/31/preliminary-campus-based-program-funding-now-available-for-2025-26-academic-year/) - Federal Student Aid announced the preliminary funding levels for the Federal Supplemental Educational Opportunity Grant (FSEOG) and Federal Work-Study (FWS) programs for the 2025-26 academic year, based on the 2024-25 award year appropriations. Institutions must log into the COD website to verify their funding levels and can request waivers for 2025-26 award year penalties until - [Denise Carter Retires as FSA's Chief Operating Officer After 30 Years of Public Service](https://www.collegeaidservices.net/2025/04/03/denise-carter-retires-as-fsas-chief-operating-officer-after-30-years-of-public-service/) - After thirty years of public service, Denise Carter will retire as Chief Operating Officer for the Office of Federal Student Aid (FSA), the Department of Education announced today. Carter's retirement marks the ends a distinguished career, and she will be succeeded by Acting Under Secretary James Bergeron, effective immediately. Carter's most recent accomplishments include leading - [NSLDS Post-Screening Eligibility Changes Files Now Ready for Download in TG Mailbox (March 2025 Update)](https://www.collegeaidservices.net/2025/03/31/nslds-post-screening-eligibility-changes-files-now-ready-for-download-in-tg-mailbox-march-2025-update/) - The Department of Education has uploaded the NSLDS Post-screening Eligibility Changes files to the TG mailbox, accessible through SAIG, after resolving an issue reported last week. Below is a breakdown of the key details that institutions need to know about this update: Latest FSA Updates March 28, 2025: An updated set of National Student Loan Data - [Linda McMahon Confirmed As New Secretary of Education; pens statement "Our Department's Final Mission"](https://www.collegeaidservices.net/2025/03/04/linda-mcmahon-confirmed-as-new-secretary-of-education/) - Late Monday night, the U.S. Senate confirmed Linda McMahon as Secretary of Education along party lines in a 51-45 vote. No stranger to Trump’s cabinet, McMahon previously led the Small Business Administration during his first term. Now, she is tasked with implementing President Trump’s directives for the Department of Education. Following her confirmation, McMahon released - [U.S. Department of Education Reopens Income-Driven Repayment Plan and Loan Consolidation Applications](https://www.collegeaidservices.net/2025/03/27/u-s-department-of-education-reopens-income-driven-repayment-plan-and-loan-consolidation-applications/) - The U.S. Department of Education’s Office of Federal Student Aid (FSA) has reopened the online income-driven repayment (IDR) plan and loan consolidation applications, providing a new pathway for eligible borrowers following a significant legal challenge. The applications were previously suspended in compliance with an injunction issued by the 8th Circuit Court of Appeals on February - [NASFAA appoints Melanie Storey as President & CEO](https://www.collegeaidservices.net/2025/03/25/nasfaa-appoints-melanie-storey-as-president-ceo/) - Melanie Storey has been named the new President & CEO of the National Association of Student Financial Aid Administrators (NASFAA), effective May 1, 2025. Her appointment ends a nine-month search after former President Justin Draeger resigned in June of 2024. Storey brings a wealth of experience to her new role, with a career that spans - [Deadline to Request 2025-26 FWS Community Service Waiver Set for April 21](https://www.collegeaidservices.net/2025/03/25/deadline-to-request-2025-26-fws-community-service-waiver-set-for-april-21/) - Institutions that face hardship in allocating 7% of their Federal Work-Study program funding to community service jobs can request a waiver for the 2025-26 academic year. Waiver requests must be submitted to the Department of Education by 11:59 p.m. on Monday, April 21, 2025. Read the full announcement below: Posted Date: March 24, 2025 Author: - [Justin Draeger, NASFAA President & CEO, Announces Resignation](https://www.collegeaidservices.net/2024/04/25/justin-draeger-nasfaa-president-ceo-announces-resignation/) - After fourteen years of commendable leadership, Justin Draeger has announced his resignation as President & CEO of the National Association of Student Financial Aid Administrators (NASFAA), effective June 21, 2024. Under his stewardship, NASFAA has seen significant advancements in standards and advocacy for financial aid professionals. Draeger will continue his advocacy as the Senior Vice President - [President Trump Signs Executive Order to Dismantle the U.S. Department of Education](https://www.collegeaidservices.net/2025/03/20/president-trump-signs-executive-order-to-dismantle-the-u-s-department-of-education/) - President Trump has signed an executive order to dismantle the U.S. Department of Education. The order represents a fundamental shift in the federal government's role in the education system, with widespread implications across the country. The order directs Education Secretary Linda McMahon to "take all necessary steps to facilitate the closure of the Department of - [FSA Centralizes Support for E-App and School Eligibility Inquiries at CaseTeams@ed.gov](https://www.collegeaidservices.net/2025/03/17/fsa-centralizes-support-for-e-app-and-school-eligibility-inquiries-at-caseteamsed-gov/) - Federal Student Aid has announced that CaseTeams@ed.gov will now serve as a centralized mailbox to address issues regarding the completion of the Application for Approval to Participate in the Federal Student Financial Aid Programs (E-App) and general school eligibility inquiries. Institutions should direct their questions to this mailbox moving forward, and continue to reach out - [James Bergeron, Acting Under Secretary Of Education, Addresses Stakeholders in Letter on Staffing Cuts](https://www.collegeaidservices.net/2025/03/18/james-bergeron-acting-under-secretary-of-education-addresses-stakeholders-in-letter-on-staffing-cuts/) - On March 14, Acting Under Secretary of Education James Bergeron sent a letter to higher education stakeholders, providing important updates on the Trump administration's reduction in force (RIF) order. The letter outlines unaffected offices and programs, the targeted reductions, the anticipated changes moving forward, and encourages institutions to forward their questions to FSA's new CaseTeams@ed.gov - [2025-26 FAFSA Spring Renewal Campaign](https://www.collegeaidservices.net/2025/03/18/2025-26-fafsa-spring-renewal-campaign/) - The Federal Student Aid (FSA) launched a reminder campaign in early February 2025 to encourage families to submit their 2025-26 FAFSA form. The attachment contains email language for reference and can be used in future communications. Posted Date: March 17, 2025 Author: Federal Student Aid Electronic Announcement: ID APP-25-10 Subject: 2025–26 FAFSA® Form Reminder Campaign - [SAIG Message Class File Update (March 2025 Update)](https://www.collegeaidservices.net/2025/03/18/saig-message-class-file-update-march-2025-update/) - The Department of Education sent the new MESSAGTB file to all user mailboxes through the Student Aid Internet Gateway (SAIG) on March 7. EDconnect will automatically download and import the updated message class table, which includes new message classes for Common Origination and Disbursement (COD) System and FAFSA Processing System (FPS). Follow the steps in - [COD System Implementation for 2025-26 Outage Scheduled for March 23rd](https://www.collegeaidservices.net/2025/03/17/cod-system-implementation-for-2025-26-outage-scheduled-for-march-23rd/) - FSA has notified institutions that it will suspend batch processing for the Common Origination Disbursement System (COD) as it makes important updates in preparation for the 2025-26 academic year. The outage is scheduled to occur from midnight to 11 a.m. Eastern time (ET) on Sunday, March 23, 2025 Users will not have access to COD - [Department of Education Cuts Workforce by Nearly 50%](https://www.collegeaidservices.net/2025/03/12/department-of-education-cuts-workforce-by-nearly-50/) - The Department of Education announced that it will reduce its workforce by nearly 50%. Secretary McMahon described the massive shift as part of the agency's ongoing commitment to "efficiency, accountability, and ensuring that resources are directed where they matter most" and thanked these public servants for their contributions. This workforce reduction will decrease the overall - [2025-26 COD Technical Reference (March 2025 Update)](https://www.collegeaidservices.net/2025/03/13/2025-26-cod-technical-reference-march-2025-update/) - The Department of Education has updated the Common Origination and Disbursement (COD) Technical Reference and contains development information for the 2025–2026 award year. Volumes 1, 2, 3, 5, 6, and 7 are currently available; the remaining section will be released later this year. The following volumes were updated: Volume 3: Combination System Supplement 2025-2026 COD - [2025-26 COD Technical Reference (February 2025 Update)](https://www.collegeaidservices.net/2025/02/27/2025-26-cod-technical-reference-february-2025-update/) - The Department of Education has updated the Common Origination and Disbursement (COD) Technical Reference and contains development information for the 2025–2026 award year. Volumes 1, 2, 3, 5, 6, and 7 are currently available; the remaining section will be released later this year. Available Volumes: Volume 1: Getting Started 2025-2026 COD Technical Reference: Volume 1: - [How to Navigate the Eligibility and Waiver Process for Title III, Title V Funding](https://www.collegeaidservices.net/2025/03/07/how-to-navigate-the-eligibility-and-waiver-process-for-title-iii-title-v-funding/) - The Department of Education's latest federal register outlines the eligibility requirements, application process, and waiver request procedures for institutions applying for funding under the Higher Education Act. Specifically, it discusses programs such as Strengthening Institutions Programs (SIP) and Developing Hispanic-Serving Institutions (HSIs), which are classified under Title III and Title V. Schools have until April - [2025–26 FAFSA Specifications Guide (March 2025 Update)](https://www.collegeaidservices.net/2025/03/05/2025-26-fafsa-specifications-guide-march-2025-update/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on March 4, 2025: FSA updated Volume 7 – Comment Codes to add back the - [2025–26 FAFSA Specifications Guide (February 2025 Update #2)](https://www.collegeaidservices.net/2025/02/21/2025-26-fafsa-specifications-guide-february-2025-update-2/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on Feb. 21, 2025: FSA updated Volume 3 – Electronic Data Exchange and FAFSA - [New FAQ Provides Additional Guidance for Ban on Racial Preferences in Admissions and K-12 Schools](https://www.collegeaidservices.net/2025/03/03/new-faq-provides-additional-guidance-for-ban-on-racial-preferences-in-admissions-and-k-12-schools/) - The Department of Education has released an FAQ to clarify concerns stemming from last month's Dear Colleague Letter, which instructed institutions to cease “using race preferences and stereotypes as a factor in their admissions, hiring, promotion, compensation, scholarships, prizes, administrative support, sanctions, discipline, and beyond” or risk losing their eligibility for federal funding. The FAQ - [New FSA Webinars Provide Updated Guidance on Academic Calendars and Title IV Program Administration](https://www.collegeaidservices.net/2025/02/28/new-fsa-webinars-provide-updated-guidance-on-academic-calendars-and-title-iv-program-administration/) - Federal Student Aid has announced two additional webinars in their Wednesday Webinar Series, which cover a variety of topics related to the Title IV programs. The webinars provide the most recent guidance from the U.S. Department of Education, including statutory and regulatory updates. Operational information and reminders are also shared. Participants are encouraged to ask - [Accessing the NSLDS FAT001 Report: Features, Request Instructions, and Student Data Management (Feb. 26 Update)](https://www.collegeaidservices.net/2025/02/28/accessing-the-nslds-fat001-report-features-request-instructions-and-student-data-management-feb-26-update/) - The National Student Loan Data System (NSLDS) has released the FAT001 Financial Aid History report, which contains important student information such as grant & loan eligibility, defaults, overpayments, and loan history. The latest edition of the NSLDS Transfer Student Monitoring & Financial Aid History User Guide and Record Layouts is also available on the Federal - [Batch Correction Procession Begins for 2024-25, 2025-26 FAFSA Applications](https://www.collegeaidservices.net/2025/02/27/batch-correction-procession-begins-for-2024-25-2025-26-fafsa-applications/) - The federal government has announced the start of batch corrections for the 2024-25 and 2025-26 FAFSA applications, beginning today, February 27, and provided detailed guidance for successful submission. They also addressed an issue that caused blank Student Aid Indexes (SAIs) on ISIRs, with a temporary reject code in place while a permanent resolution is being - [Now Available: 2026-27 FAFSA Specification Guide](https://www.collegeaidservices.net/2025/02/27/now-available-2026-27-fafsa-specification-guide/) - Federal Student Aid has released the first portion of the 2026-27 FAFSA Specifications Guide, which contains technical information related to the FAFSA Processing System (FPS) for the 2026-27 award year. The remaining volumes will be posted to the FSA website throughout 2025. Available Volumes: Volume 4A – Record Layouts: This volume provides record layouts for - [2025-26 COD Technical Reference (January 2025 Update)](https://www.collegeaidservices.net/2024/12/31/2025-26-cod-technical-reference-january-2025-update/) - The Department of Education has updated the Common Origination and Disbursement (COD) Technical Reference and contains development information for the 2025–2026 award year. Volumes 1, 2, 6, and 7 are currently available; the remaining sections will be released later this year. Available Volumes: Volume 1: Getting Started 2025-2026 COD Technical Reference: Volume 1: Getting Started - [2025–26 FAFSA Specifications Guide (October 2024 Update #4)](https://www.collegeaidservices.net/2024/10/22/2025-26-fafsa-specifications-guide-october-2024-update-4/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on October 21, 2024: FSA has added Volume 2 – FPS Schedule and Getting - [2025–26 FAFSA Specifications Guide (November 2024 Update)](https://www.collegeaidservices.net/2024/11/27/2025-26-fafsa-specifications-guide-november-2024-update/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on November 27, 2024: FSA has revised the Excel ISIR record layout in Volume - [2025–26 FAFSA Specifications Guide (October 2024 Update #5)](https://www.collegeaidservices.net/2024/10/24/2025-26-fafsa-specifications-guide-october-2024-update-5/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on October 23, 2024: FSA has added additional 2025-26 ISIR Test Files to Volume - [2024–25 FAFSA Specifications Guide (November 2024 Update)](https://www.collegeaidservices.net/2024/11/27/2024-25-fafsa-specifications-guide-november-2024-update/) - Federal Student Aid has updated the 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. Update on November 27, 2024: FSA updated multiple edits in Volume 5 – Edits and Rejects. Review the Change History Table near the beginning of - [2024–25 FAFSA Specifications Guide (December 2024 Update)](https://www.collegeaidservices.net/2024/12/28/2024-25-fafsa-specifications-guide-december-2024-update/) - Federal Student Aid has updated the 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. Update on Dec. 27, 2024: FSA updated Volume 7 – Comment Codes. The changes made are specified in the Change History Table near the beginning - [2025–26 FAFSA Specifications Guide (February 2025 Update)](https://www.collegeaidservices.net/2025/02/07/2025-26-fafsa-specifications-guide-february-2025-update/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on Feb. 6, 2025: FSA updated Volume 5 – Edits and Rejects. The changes - [2024–25 FAFSA Specifications Guide (February 2025 Update)](https://www.collegeaidservices.net/2025/02/07/2024-25-fafsa-specifications-guide-february-2025-update/) - Federal Student Aid has updated the 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. Update on Feb. 6, 2025: FSA updated Volume 5 – Edits and Rejects. The changes made are specified in the Change History Table near the - [2024–25 FAFSA Specifications Guide (February 2025 Update #2)](https://www.collegeaidservices.net/2025/02/21/2024-25-fafsa-specifications-guide-february-2025-update-2/) - Federal Student Aid has updated the 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. Update on Feb. 21, 2025: FSA updated Volume 5 – Edits and Rejects and Volume 7 – Comment Codes. The changes made are specified in - [FSA Reinstates Fraudulent Activity Flagging and Verification Process for 2024-25, 2025-26 ISIRs](https://www.collegeaidservices.net/2025/02/25/fsa-reinstates-fraudulent-activity-flagging-and-verification-process-for-2024-25-2025-26-isirs/) - FSA announced that it will resume flagging FAFSA applicants for potentially fraudulent activity on both the the 2024-25 and 2025-26 forms, which will require that schools complete V4 or V5 verification prior to disbursing any Title IV aid. If an institution suspects fraudulent activity, they are required to report it to the Office of the - [Beta Testing Phase Ends for FAFSA Batch Correction, Processing Begins Feb. 27](https://www.collegeaidservices.net/2025/02/24/beta-testing-phase-ends-for-fafsa-batch-correction-processing-begins-feb-27/) - The Department of Education has released an updated timeline for launching batch institutional corrections for the 2024-25 and 2025 -26 FAFSA applications through the Electronic Data Exchange (EDE). Below are the most important details from the announcement. Key Developments Federal Student Aid is concluding beta testing for 2024-25 and 2025-26 FAFSA batch corrections Batch correction - [FY 2022 Official Cohort Default Rates Distributed Feb. 24, 2025](https://www.collegeaidservices.net/2025/02/24/fy-2022-official-cohort-default-rates-distributed-feb-24-2025/) - Federal Student Aid has announced that notification packages for the Fiscal Year 2021 official cohort default rate (CDR) are now publicly available to institutions enrolled in the Electronic Cohort Default Rate (eCDR) process. Below is breakdown of what schools can expect to receive, how to submit an appeal, and additional resources to help navigate the - [New Education Department Report Highlights 2024 Experimental Site Findings](https://www.collegeaidservices.net/2025/02/21/new-education-department-report-highlights-2024-experimental-site-findings/) - The Education Department released its 2024 Experimental Sites Initiative (ESI) annual report, which contains updates on current findings and experiments. These reports are designed to test the impact of regulatory flexibilities in Title IV aid programs, review important topic such as Pell grants for incarcerated students, Federal Work-Study programs, and competency-based education. Posted Date: February - [2023-24 Direct Loan Closeout: Key Details to Know Before the July Deadline](https://www.collegeaidservices.net/2025/02/21/2023-24-direct-loan-closeout-key-details-to-know-before-the-july-deadline/) - The deadline to submit information for the 2023-24 Direct Loan Program Year is July 31, 2025 and all school data must be received and accepted by this date to finalize the ending cash balance. Institutions must also complete reconciliation, resolve discrepancies, and confirm their successful closeout through the COD website to avoid penalties for remaining - [Upcoming FSA Webinar: Professional Judgment and Dependency Considerations - February 12 @ 1 PM ET](https://www.collegeaidservices.net/2024/12/30/upcoming-fsa-webinar-professional-judgment-and-dependency-considerations-february-12-1-pm-et/) - As part of FSA's Wednesday Webinar Series, on February 12th at 1–2:30 p.m. Eastern the Department will present "Professional Judgment and Dependency Considerations." The webinar's description is: "Navigating the authority granted for professional judgment can be challenging and complex as a financial aid administrator. This session examines the factors involved in properly exercising professional judgment - [The First Round of Pell Grant ACA Payments Begins for 2024-25 Award Year](https://www.collegeaidservices.net/2025/02/20/the-first-round-of-pell-grant-aca-payments-begins-for-2024-25-award-year/) - The first phase of Pell Grant Administrative Cost Allowance (ACA) payments for the 2024-25 award year, which help institutions cover the costs of administering federal aid programs, began on February 18 according to the Education Department. Schools can access their ACA payments via the G5 system and view their Electronic Statement of Account through COD's - [FAFSA Question 11 Updated in Compliance with Federal Executive Order](https://www.collegeaidservices.net/2025/02/19/fafsa-question-11-updated-in-compliance-with-federal-executive-order/) - In accordance with President Trump's executive order, question 11 on the FAFSA form was updated to only offer "male" and "female" options for applicants to select. This change does not affect aid eligibility, and students who submitted their FAFSA before this February 14 are not required to take any further action unless they need to - [NSLDS Post-Screening Eligibility Changes Files Now Ready for Download in TG Mailbox](https://www.collegeaidservices.net/2025/02/19/nslds-post-screening-eligibility-changes-files-now-ready-for-download-in-tg-mailbox/) - The Department of Education has uploaded the NSLDS Post-screening Eligibility Changes files to the TG mailbox, accessible through SAIG, after resolving an issue reported last week. Below is a breakdown of the key details that institutions need to know about this update: Availability and Download Instructions Files were uploaded to the TG mailbox associated with - [Education Department Issues Mandate to End Racial Preferences in Admissions Decisions, Hiring Practices](https://www.collegeaidservices.net/2025/02/18/education-department-issues-mandate-to-end-racial-preferences-in-admissions-decisions-hiring-practices/) - In its most recent 'Dear Colleague Letter,' the Trump administration has notified educational institutions receiving Title IV funding to cease "using race preferences and stereotypes as a factor in their admissions, hiring, promotion, compensation, scholarships, prizes, administrative support, sanctions, discipline, and beyond" or risk losing their eligibility for federal awards. This directive is part of - [March 3, 2025 Deadline Set for Final Closeout of 2023-24 Campus-Based Awards](https://www.collegeaidservices.net/2025/02/17/march-3-2025-deadline-set-for-final-closeout-of-2023-24-campus-based-awards/) - Institutions have until March 3, 2025, to close out their Campus-Based program awards for the previous academic year using information from the Fiscal Operations Report for 2023–24 and Application to Participate for 2025–26 (FISAP). Schools must also reconcile their Federal Work-Study (FWS) and Federal Supplemental Educational Opportunity Grant (FSEOG) awards in G5 with the amounts - [Completers' List & FVT/GE Reporting Submission Deadline Extended to September 30, 2025](https://www.collegeaidservices.net/2025/02/14/completers-list-fvt-ge-reporting-submission-deadline-extended-to-september-30-2025/) - The Department of Education has announced another extension of the submission deadline for evaluating Completers' List and reporting data for Financial Value Transparency and Gainful Employment (FVT/GE) to September 30, 2025. This extension gives additional time to institutions who were not able to meet the the February 18, 2025 deadline or to correct information previously - [Deadline for Returning Schools to Apply for 2025-26 Work Colleges Program Set for March 3, 2025](https://www.collegeaidservices.net/2025/02/12/deadline-for-returning-schools-to-apply-for-2025-26-work-colleges-program-set-for-march-3-2025/) - The Department of Education released important details about the application process for institutions wishing to participate in the Work Colleges Program under the Federal Work-Study (FWS) Program for the 2025-26 award year. The announcement covers application deadlines for new or returning schools, program requirements under Section 448 of the Higher Education Act, and instructions for - [NSLDS Introduces New Excel Tool to Provide Eligibility Updates Amid Post-Screening Delays (Feb. 11 Update)](https://www.collegeaidservices.net/2025/02/12/nslds-introduces-new-excel-tool-to-provide-eligibility-updates-amid-post-screening-delays-feb-11-update/) - As we discussed previously, post-screening functionality for NSLDS will not be available until early Spring 2025, meaning that generate ISIRs for applicants with updated information. In response to these delays, NSLDS is going to provide institutions with an Excel file each month containing an updated list of applicants whose eligibility status has changed eligibility status, - [Federal Guidelines for Reporting Student Loan Interest Paid in 2024](https://www.collegeaidservices.net/2025/02/10/federal-guidelines-for-reporting-student-loan-interest-paid-in-2024/) - Federal Student Aid has provided guidance on how borrowers who made federal student loan payments in 2024 should report this information to the IRS for the upcoming tax year. The electronic announcement outlines next steps for borrowers who paid less or more than $600 in interest, along with additional details based on the number of - [Financial Aid Awareness Month: 5 Tips for Student Outreach in 2025](https://www.collegeaidservices.net/2025/02/06/financial-aid-awareness-month-5-tips-for-student-outreach-in-2025/) - Happy Financial Aid Awareness Month! Every February we recognize the crucial role that financial aid offices play in higher education and reaffirm our commitment to improving college accessibility. This year is particularly significant, given all of the challenges that we've faced in the past year—from ISIR processing delays to regulatory changes, technical glitches, and concerns - [February is Financial Aid Awareness Month](https://www.collegeaidservices.net/2022/02/01/february-is-financial-aid-awareness-month-2/) - February is Financial Aid Awareness Month - How is your office planning to celebrate and promote Financial Aid Awareness Month? - [Student Eligibility Series – Part 1: Citizenship & Issues Surrounding Citizenship - Webinar (Recording)](https://www.collegeaidservices.net/2025/02/05/student-eligibility-series-part-1-citizenship-issues-surrounding-citizenship-webinar-recording/) - Citizenship stands as one of the primary areas of student eligibility, with issues requiring review and management by financial aid administrators. In this session, our presenters will discuss the many facets of understanding and resolving U.S. Citizenship and Eligible Noncitizen Matches for student aid applicants. Join us to refresh or enhance your comprehension of this - [Upcoming FSA Webinar: 2025–26 ISIR: What to Expect - January 15 @ 1 PM ET](https://www.collegeaidservices.net/2024/12/30/upcoming-fsa-webinar-2025-26-isir-what-to-expect-january-15-1-pm-et/) - As part of FSA's Wednesday Webinar Series, on January 15th at 1–2:30 p.m. Eastern the Department will present "2025–26 ISIR: What to Expect." The webinar's description is: "The Institutional Student Information Record (ISIR) continues to be a critical resource that schools rely on for making decisions about Title IV aid every year. The wealth of - [Maximizing Efficiency with a Financial Aid Operational Calendar - Webinar (Recording)](https://www.collegeaidservices.net/2024/12/17/maximizing-efficiency-with-a-financial-aid-operational-calendar-webinar-recording/) - Discover how a well-organized Financial Aid Operational Calendar can boost your office's efficiency, enhance compliance, and increase student satisfaction. This webinar will offer step-by-step guidance on creating, implementing, and maintaining a comprehensive operational calendar that aligns with essential financial aid processes, regulatory deadlines, and institutional objectives. Participants will learn best practices, effective tools, and collaborative strategies to ensure their calendars are a vital roadmap for success. - [Examining Cost of Attendance (COA) - Webinar (Recording)](https://www.collegeaidservices.net/2025/01/15/examining-cost-of-attendance-coa-webinar-recording/) - Join us for an in-depth exploration of building a Cost of Attendance (COA). This webinar will provide a refresher on the fundamentals, along with insights into recent updates and changes. Our experienced consultants will explain the impact of COA on student eligibility for aid, and we will cover the core components, acceptable adjustments, restrictions, recent - [FSA Unveils Drafts of 2026-27 FAFSA and Submission Summary; Public Feedback Due by April 7th](https://www.collegeaidservices.net/2025/02/04/fsa-unveils-drafts-of-2026-27-fafsa-and-submission-summary-public-feedback-due-by-april-7th/) - Federal Student Aid has released the drafts of the 2026-27 FAFSA application materials, with the financial aid community having until April 7, 2025, to submit their feedback for consideration. The announcement provides details on how administrators can view the preliminary forms and upload their commentary to the Department via the Federal eRulemaking Portal. Posted Date: - [HEAL Program Interest Rates for the Quarter Ending March 2025 and Three Previous Cycles](https://www.collegeaidservices.net/2025/02/03/heal-program-interest-rates-for-the-quarter-ending-march-2025-and-three-previous-cycles/) - The Department of Education has released the updated maximum interest rates for the Health Education Assistance Loan Program (HEAL) for the quarter ending March 31, 2025. The electronic announcement also includes contact information for HEAL program lenders with questions and the maximum interest rates for the previous three quarters. How to Access the Maximum HEAL - [2025-26 Federal School Code List Released: How to Access and Update (February 2025 Update)](https://www.collegeaidservices.net/2025/02/03/2025-26-federal-school-code-list-released-how-to-access-and-update-february-2025-update/) - The 2025-26 Federal School Code (FSC) List of Participating Schools is now available as an online document and an integrated search function for applicants navigating the fafsa.gov website. Institutions who wish to update their FSC information must complete the Electronic Application for Approval to Participate in the Federal Student Financial Aid Programs (E-App) and follow - [2025-26 Federal School Code List Released: How to Access and Update](https://www.collegeaidservices.net/2024/10/30/2025-26-federal-school-code-list-released-how-to-access-and-update/) - The 2025-26 Federal School Code (FSC) List of Participating Schools is now available as an online document and an integrated search function for applicants navigating the fafsa.gov website. Institutions who wish to update their FSC information must complete the Electronic Application for Approval to Participate in the Federal Student Financial Aid Programs (E-App) and follow - [Title IV Aid Remains Intact as White House Temporarily Pauses Federal Funding](https://www.collegeaidservices.net/2025/01/28/title-iv-aid-remains-intact-as-white-house-temporarily-pauses-federal-funding/) - Yesterday, the Office of Management and Budget (OMB) announced in a memo that the Trump administration would temporarily pause funding for federal financial assistance programs, following a presidential mandate to reform government spending. The initial letter did not explicitly mention Title IV funding, Politico reported that a spokesperson for the Department of Education noted that - [Accessing the NSLDS FAT001 Report: Features, Request Instructions, and Key Updates](https://www.collegeaidservices.net/2025/01/30/accessing-the-nslds-fat001-report-features-request-instructions-and-key-updates/) - The National Student Loan Data System (NSLDS) has released the FAT001 Financial Aid History report, which contains important student information such as grant & loan eligibility, defaults, overpayments, and loan history. The latest edition of the NSLDS Transfer Student Monitoring & Financial Aid History User Guide and Record Layouts is also available on the Federal - [Beta Testing Phase Announced for FAFSA Batch Correction Process, General Release Expected by End of February](https://www.collegeaidservices.net/2025/01/21/beta-testing-phase-announced-for-fafsa-batch-correction-process-general-release-expected-by-end-of-february/) - The Department of Education has released an updated timeline for launching batch institutional corrections for the 2024-25 and 2025 -26 FAFSA applications through the Electronic Data Exchange (EDE). The outline below provides an overview of FSA's testing process for both academic years, key reminders to ensure that the process is executed with minimum issues, and - [Update on FAFSA Reprocessing Timeline, Now April 15 - May 1](https://www.collegeaidservices.net/2024/04/10/update-on-fafsa-reprocessing-timeline-now-april-15-may-1/) - Yesterday, the Department of Education released updated timelines for 2024-25 FAFSA reprocessing and when students will be able to make corrections to their applications. Approximately 30% of applications potentially affected by known processing or data errors and approximately 16% require a student correction (these groups overlap). The timeline for reprocessing ranges from April 15th to - [NSLDS Introduces New Excel Tool to Provide Eligibility Updates Amid Post-Screening Delays](https://www.collegeaidservices.net/2025/01/21/nslds-introduces-new-excel-tool-to-provide-eligibility-updates-amid-post-screening-delays/) - As we discussed previously, post-screening functionality for NSLDS will not be available until early Spring 2025, meaning that generate ISIRs for applicants with updated information. In response to these delays, NSLDS is going to provide institutions with an Excel file each month containing an updated list of applicants whose eligibility status has changed eligibility status, - [FVT/GE Debt Reporting Deadline Extended to February 18, 2025](https://www.collegeaidservices.net/2025/01/21/fvt-ge-debt-reporting-deadline-extended-to-february-18-2025/) - Federal Student Aid announced the reopening of the debt reporting process for Financial Value Transparency & Gainful Employment (FVT/GE) until February 18, 2025, providing additional time for institutions that missed the original deadline to submit their information. The outline below details how schools can receive their FVT/GE Completers List, common errors identified in the reports, - [Updated Guidance Expands Access to SNAP Benefits for Eligible College Students](https://www.collegeaidservices.net/2025/01/17/updated-guidance-expands-access-to-snap-benefits-for-eligible-college-students/) - Federal Student Aid has released updated guidance on eligibility for Supplemental Nutrition Assistance Program (SNAP) benefits, outlining financial and non-financial requirements for students attending institutions of higher education (IHE). The guidance includes application instructions for institutions, encouraging them to assist students by sharing FAFSA data with state agencies with prior consent. Students who are enrolled - [Latest 'Dear Colleague' Letter Highlights Institutional Responsibility for Third-Party Misrepresentations](https://www.collegeaidservices.net/2025/01/17/latest-dear-colleague-letter-highlights-institutional-responsibility-for-third-party-misrepresentations/) - The Department of Education is reminding Title IV institutions in a 'Dear Colleague Letter' of their responsibility to comply with regulations pertaining to misrepresentations, including any made by third-party service providers that they utilize. The letter specifically focuses on three types of statements that qualify as misrepresentation: 1) Inaccurately identifying an individual employed by an - [White House Concludes Historic Loan Forgiveness Initiative with Final Discharge, Awarding $188.8 Billion in Relief to 5.3 Million Borrowers Since 2021](https://www.collegeaidservices.net/2025/01/17/white-house-concludes-historic-loan-forgiveness-initiative-with-final-discharge-awarding-188-8-billion-in-relief-to-5-3-million-borrowers-since-2021/) - In one of its final executive orders, the White House has authorized over $600 million in student loan forgiveness for 4,550 borrowers enrolled in the Income-Base Repayment (IBR) and another 4,100 through individual borrower defense approvals. With this latest announcement, the administration has forgiven a total of $188.8 billion in student loan debt for approximately - [FSA, in Collaboration with DHS, Revises Title IV Eligibility Guidelines for Canadian-Born Indigenous Americans](https://www.collegeaidservices.net/2025/01/16/fsa-in-collaboration-with-dhs-revises-title-iv-eligibility-guidelines-for-canadian-born-indigenous-americans/) - The Department of Education has updated Volume 1, Chapter 2 of the 2024-25 FSA Handbook to reflect changes in documentation requirements for Indigenous Americans born in Canada following consultations with the Department of Homeland Security (DHS). These new regulations will not affect Native Americans students who claimed Title IV eligibility under the Jay Treaty and - [OPE Publishes New FAQ Resource Page for Administrative Capabilities, Key Postsecondary Regulations (Jan. 14 Update)](https://www.collegeaidservices.net/2025/01/15/ope-publishes-new-faq-resource-page-for-administrative-capabilities-key-postsecondary-regulations-jan-14-update/) - Update Jan. 14, 2025: The Department updated this EA to reflect that we updated Frequently Asked Questions related only to Administrative Capability and Financial Responsibility. Posted Date: January 08, 2025 Author: Office of Postsecondary Education Electronic Announcement ID: GENERAL-25-03 Subject: Frequently Asked Questions on Administrative Capability, Financial Responsibility and Program Integrity The Department of Education - [OPE Publishes New FAQ Resource Page for Administrative Capabilities, Key Postsecondary Regulations](https://www.collegeaidservices.net/2025/01/08/ope-publishes-new-faq-resource-page-for-administrative-capabilities-key-postsecondary-regulations/) - The Office of Postsecondary Education (OPE) has launched a new resource page designed to address the community's frequently asked questions regarding topics such as Administrative Capability, Financial Responsibility, and Program Integrity. OPE will continue to update the page as additional inquiries are received. Posted Date: January 08, 2025 Author: Office of Postsecondary Education Electronic Announcement - [Biden-Harris Administration Approves $3.82 Billion in Student Loan Relief, Total Debt Forgiven Now Exceeds $180 Billion](https://www.collegeaidservices.net/2025/01/14/biden-harris-administration-approves-3-82-billion-in-student-loan-relief-total-debt-forgiven-now-exceeds-180-billion/) - The federal government announced an additional $3.82 billion in debt relief for 146,000 borrowers, continuing its efforts to reform the student loan system. This latest round forgives $465 million for borrowers enrolled in the the Public Service Loan Forgiveness program (PSLF), $1.15 billion for those who attended institutions owned by the Center for Excellence in - [NSLDS Post-Screen Functionality for 2024-25 FAFSA Delayed, Expected Release is Early Spring 2025](https://www.collegeaidservices.net/2025/01/10/nslds-post-screen-functionality-for-2024-25-fafsa-delayed-expected-release-is-early-spring-2025/) - Update on January 10, 2025: We are providing an update on the implementation of the National Student Loan Data System (NSLDS) post-screening function for the 2024-25 FAFSA® cycle. In July, the Department indicated that post-screening functionality would be available by the end of 2024. As of today, the Department now expects to release this functionality in - [FSA to Implement StudentAid.gov Maintenance, Outage Scheduled for January 11th](https://www.collegeaidservices.net/2025/01/09/fsa-to-implement-studentaid-gov-maintenance-outage-scheduled-for-january-11th/) - FSA has notified institutions that the Internal Revenue Service (IRS) will perform maintenance updates, which will affect the automatic transfer of tax return information on StudentAid.gov. The outage is scheduled to occur from 6 a.m. to 1 p.m. Eastern time (ET) on Saturday, January 11, 2025. Important Reminders: From 6 a.m. until 1 p.m. ET - [End of Fresh Start Initiative Reinstates Limited Title IV Eligibility for Defaulted Borrowers (January 2025 Update)](https://www.collegeaidservices.net/2025/01/07/end-of-fresh-start-initiative-reinstates-limited-title-iv-eligibility-for-defaulted-borrowers-january-2025-update/) - Update on January 6, 2025: The Fresh Start initiative officially ended at 2:59 a.m. ET on October 2, 2024. The Department is issuing this update to remind schools that they were permitted to award Title IV aid to a student who would otherwise be ineligible due to a prior default only during the Fresh Start - [ED Unveils 2024 FVT/GE Earning Thresholds, Amended Program Integrity and Institutional Quality Regulations](https://www.collegeaidservices.net/2025/01/06/ed-unveils-2024-fvt-ge-earning-thresholds-amended-program-integrity-and-institutional-quality-regulations/) - The Department of Education published the FVT/GE Earning Thresholds for the Calculation Year 2024 and amended regulations to promote program integrity and institutional quality. Below is a breakdown of the latest information for these regulations according to the Federal Registers: Financial Value Transparency and Gainful Employment: Earnings Thresholds for Calculation Year 2024 "On October 10, - [Institutions Must Comply with Section 117 Reporting Requirements by Jan. 31](https://www.collegeaidservices.net/2025/01/03/institutions-must-comply-with-section-117-reporting-requirements-by-jan-31/) - Institutions that have established contracts with or gifts from a foreign source totaling $250,000 or more in a calendar year have until January 31, 2025 to file a mandatory disclosure report with the Department of Education. Schools must submit their Section 117 disclosure reports through the Foreign Gifts Reporting Portal to remain compliant with the - [Feb. 3 Deadline Nears for Schools to Request Penalty Waivers for Underused 2023-24 Awards](https://www.collegeaidservices.net/2025/01/02/feb-3-deadline-nears-for-schools-to-request-penalty-waivers-for-underused-2023-24-awards/) - Title IV institutions have until February 3 to apply for the Underuse Penalty Waiver on the COD website to avoid reductions in their 2025-26 Federal Supplemental Educational Opportunity Grant (FSEOG) or Federal Work-Study (FWS) funds. To qualify for this waiver, schools must explain why their 2023-24 academic year funds were underused by more than 10%, - [Latest on 2024–25 FAFSA Reprocessing](https://www.collegeaidservices.net/2024/12/30/latest-on-2024-25-fafsa-reprocessing/) - Right before the holidays, the Department released an update on where they are with reprocessing 2024-25 FAFSA records to Address Conflicting Information, Asset Known Issues, and Incorrect Reject Codes. In the announcement, the Department acknowledge the issue of Ongoing Conflicting Information and a fix is scheduled for the first quarter of 2025. In the meantime, - [2025–26 FAFSA Specifications Guide (December 2024 Update)](https://www.collegeaidservices.net/2024/12/30/2025-26-fafsa-specifications-guide-december-2024-update/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year. Update on December 27, 2024: Updated Volume 4B – Processing Codes and also Volume 7 – Comment Codes. The changes made to these volumes are - [How and When to Obtain Student Consent for FAFSA Data Sharing, IDR Certification](https://www.collegeaidservices.net/2024/12/23/how-and-when-to-obtain-student-consent-for-fafsa-data-sharing-idr-certification/) - FSA has provided guidance for institutions on obtaining written consent from their students to share FAFSA data with a third party in compliance with FERPA regulations. This announcement provides specific examples of when consent should be requested, a consent language template for communications, and procedures for authorizing IDR certifications annually. Posted Date: December 20, 2024 - [55,000 Public Service Workers to Receive $4.28 Billion in Student Loan Forgiveness](https://www.collegeaidservices.net/2024/12/20/55000-public-service-workers-to-receive-4-28-billion-in-student-loan-forgiveness/) - The White House has confirmed that an estimated 55,000 more borrowers will receive debt relief as part of the administration's commitment to reforming the student loan system. This latest announcement brings the Biden-Harris Administration's total student loan debt relief to $180 billion, benefiting nearly 5 million borrowers. For more information, click here. PRESS RELEASE | - [2024 Virtual Federal Student Aid Training Conference – On-Demand Sessions Available Until March](https://www.collegeaidservices.net/2024/12/19/2024-virtual-federal-student-aid-training-conference-on-demand-sessions-available-until-march/) - The 2024 Virtual Federal Student Aid Training Conference occurred between December 3 and December 6, 2024. There were 20,500 registered participants for the four-day training conference. If you were unable to attend a session or would like to review a session, the opportunity to continue learning is available with on-demand access to the conference programming. - [2023 Virtual Federal Student Aid Training Conference Available On Demand](https://www.collegeaidservices.net/2023/12/08/2023-virtual-federal-student-aid-training-conference-available-on-demand/) - If you were unable to attend a session or would like to review a session, the opportunity to continue learning is available with on-demand access to the conference programming. - [2024 Virtual Federal Student Aid Training Conference (12/3 to 12/6/24) – Program Information](https://www.collegeaidservices.net/2024/08/14/2024-virtual-federal-student-aid-training-conference-12-3-to-12-6-24-program-information/) - The program session information is now available for the 2024 Virtual Federal Student Aid Training Conference, which will be held December 3 to December 6, 2024. There are over 30 sessions currently listed for the conference. FSA will release the daily agenda for the virtual conference when it opens registration in October. Sessions include: 2024 - [Missed the Deadline to Validate RG/FT Numbers? Here's How to Restore Your Access](https://www.collegeaidservices.net/2024/12/19/missed-the-deadline-to-validate-rg-ft-numbers-heres-how-to-restore-your-access/) - Federal Student Aid has officially removed enrolled services to Student Aid Internet Gateway (SAIG) accounts that were not actively confirmed prior to the December 10 deadline by the institution's Primary Destination Point Administrator (Primary DPA). This means that organizations who have not renewed their accounts will be denied access to TG numbers (SAIG mailboxes) with - [StudentAid.gov Account Creation for Individuals without a Social Security Number](https://www.collegeaidservices.net/2023/12/27/studentaid-gov-account-creation-for-individuals-without-a-social-security-number/) - Beginning with the 2024-25 FAFSA, the Department of Education will require individuals – regardless of their citizenship status – to have an StudentAid.gov account to access and sign the FAFSA form. A recent electronic announcement outlines the steps required to create a StudentAid.gov account if the individual does not have a social security number. Update - [2025-26 Application and Verification Guide Released, FSA Handbook Volumes to Follow](https://www.collegeaidservices.net/2024/12/17/2025-26-application-and-verification-guide-released-fsa-handbook-volumes-to-follow/) - The Department of Education has released the Application and Verification Guide of 2025-26 Federal Student Aid Handbook. The text is designed for financial aid professionals and counselors to help students file their FAFSA applications, make corrections, and verify information. The 2025-26 Application and Verification Guide is divided into following sections: Introduction FAFSA Simplification Act Changes - [Navigating the Latest Reconciliation Requirements for Title IV Programs](https://www.collegeaidservices.net/2024/12/18/navigating-the-latest-reconciliation-requirements-for-title-iv-programs/) - FSA has issued an important reminder to institutions regarding federal requirements for reconciling the Direct Loan, Pell Grant, Iraq and Afghanistan Service Grant, and TEACH Grant programs. The electronic announcement below outlines updated procedures, deadlines, and essential steps for completing both external as well as internal reconciliations for the 2024-25 academic year. Posted Date: December - [Now Open: 2024 Virtual FSA Training Conference Event Platform](https://www.collegeaidservices.net/2024/11/26/now-open-2024-virtual-fsa-training-conference-event-platform/) - FSA has opened the event platform for its annual virtual training conference to financial aid administrators, with only a week until the event begins. The virtual platform allows users to build their own schedules for each event, view speaker biographies, and visit the conference's virtual exhibit hall. The electronic announcement provides detailed instructions for how - [COD School Testing for 2025-26 Opens Mid-January, Registration Ends September 15](https://www.collegeaidservices.net/2024/12/17/cod-school-testing-for-2025-26-opens-mid-january-registration-ends-september-15/) - Federal Student Aid has announced when schools, third-party servicers, and software providers will have the opportunity to test their systems during the 2025-26 academic year. Registration begins January 13, 2025 and participants have until September 15 to submit their Sign-Up Documents to the FSA Partner and School Relations Center. Posted Date: December 17, 2024 Author: - [FSA Reminder: COA Information Must Be Readily Available to Enrolled and Perspective Students](https://www.collegeaidservices.net/2024/12/17/fsa-reminder-coa-information-must-be-readily-available-to-enrolled-and-perspective-students/) - The Department of Education is reminding Title IV institutions of their responsibility to make their cost of attendance (COA) information readily available for prospective and current students in accordance with federal regulations. What should the COA include? Cost of attendances should include the following items: Tuition and fees charged to students Estimates of costs for - [Latest FAFSA Update Announces New Leadership, $60 Million to Strengthen Processing Support](https://www.collegeaidservices.net/2024/12/12/latest-fafsa-update-announces-new-leadership-60-million-to-strengthen-processing-support/) - With over 7 million processed applications, the Department of Education has released a series of updates for the 2025-26 FAFSA, including the creation of permanent oversight positions and robust operational improvements. The announcement also highlights ongoing technical updates, resources for FAFSA users, and a $60 million investment to assist educational institutions with FAFSA completion as - [TEACH Grant Program Moves to StudentAid.gov with Upgraded Features (December 2024 Update)](https://www.collegeaidservices.net/2024/12/17/teach-grant-program-moves-to-studentaid-gov-with-upgraded-features-december-2024-update/) - The Biden-Harris Administration continues its federal loan system overhaul with the Unified Service and Data Solution (USDS): a new platform where borrowers can manage their repayment process, access their loan information with a simplified log-in process, and FSA can implement "increased oversight" of loan servicers. Update on Dec. 16, 2024: The TEACH Grant Program has - [New Unified Service and Data Solutions Program to Replace Loan Servicer Legacy Contracts](https://www.collegeaidservices.net/2024/04/04/new-unified-service-and-data-solutions-program-to-replace-loan-servicer-legacy-contracts/) - The Biden-Harris Administration continues its federal loan system overhaul with the Unified Service and Data Solution (USDS): a new platform where borrowers can manage their repayment process, access their loan information with a simplified log-in process, and FSA can implement "increased oversight" of loan servicers. In the coming months, FSA also plans to take ownership - [Dept. of Education Provides Late Disbursement Flexibility for 2024-25 Paper FAFSA Filers](https://www.collegeaidservices.net/2024/12/13/dept-of-education-provides-late-disbursement-flexibility-for-2024-25-paper-fafsa-filers/) - Financial Aid Offices can now utilize the Application Receipt Date on the 2024-25 paper FAFSA forms to determine a student's eligibility for late disbursements using a copy of the original paper FAFSA, mailing receipts if there are discrepancies. This new guidance from the federal government also expands the 180 day late disbursement window based on - [College Aid Services Renews SOC 2® Type 2 Certification, Reinforcing Commitment to Data Security](https://www.collegeaidservices.net/2024/12/13/college-aid-services-renews-soc-2-type-2-certification-reinforcing-commitment-to-data-security/) - DECEMBER 13, 2024 – College Aid Services proudly announces that it has successfully renewed its SOC 2® Type 2 certification. This certification is a crucial industry standard that evaluates an organization’s ability to safeguard client data and maintain the integrity of its systems. As a leader in higher education consulting, this annual recertification process demonstrates - [President Biden Signs the FAFSA Deadline Act, Law Takes Effect Fall 2025](https://www.collegeaidservices.net/2024/12/12/president-biden-signs-the-fafsa-deadline-act-law-takes-effect-fall-2025/) - H.R. 8932, also known as the FAFSA Deadline Act, is federal law now that it has the President's signature. The bill received overwhelming bipartisan support with a 381-1 vote in the House of Representatives on November 15 and then passed unanimously in the Senate one week later. The bill requires the FAFSA to be available - [New Knowledge Center Page Consolidates FVT/GE Resources to Streamline Compliance Training](https://www.collegeaidservices.net/2024/12/11/new-knowledge-center-page-consolidates-fvt-ge-resources-to-streamline-compliance-training/) - In their latest Dear Colleague letter, Federal Student Aid has announced a new resource for administrators that consolidates training materials for Financial Value Transparency and Gainful Employment (FVT/GE) regulations into one page. This training page comes the federal government implements a series of new FVT/GE requirements and schools across the country work to adapt. Below - [FSA Revamps Identity Verification Process, Expands Accepted Document List](https://www.collegeaidservices.net/2024/12/10/fsa-revamps-identity-verification-process-expands-accepted-document-list/) - The Department of Education announced on December 6th that it would implement additional changes to the identity verification process for FAFSA applicants and contributors without a Social Security Number (SSN) to streamline the process for impacted users. The most significant updates to the process include a temporary pause in manual identity document submission through IDVerification@ed.gov - [NSLDS Financial Value Transparency and Gainful Employment (FVT/GE) User Guide (December 2024 Update)](https://www.collegeaidservices.net/2024/12/05/nslds-financial-value-transparency-and-gainful-employment-fvt-ge-user-guide-december-2024-update/) - The Department of Education has released an updated version of the NSLDS Financial Value Transparency and Gainful Employment (FVT/GE) User Guide, provides instructions and guidance for complying with the FVT/GE reporting requirements via the National Student Loan Data System (NSLDS®). What has changed? Volume 1 – FVT/GE Student Submittal Reporting. The information in this volume - [EDExpress for Windows 2024-25, Release 2.0 and 2025-26, Release 1.0 Now Available](https://www.collegeaidservices.net/2024/12/04/edexpress-for-windows-2024-25-release-2-0-and-2025-26-release-1-0-now-available/) - Service releases for EDExpress for Windows 2024–25 and Windows 2025-26 are now available for download. Both software updates resolve an error in the Application Processing module, where a student's highest or active ISIR transaction number failed to update properly. This issue specifically affected the Pell Grant modules and caused additional error messages for Windows 2024-25, - [FSA Begins 2025-26 FAFSA Paper Processing, Addresses Errors with 2024-25 Form](https://www.collegeaidservices.net/2024/12/02/fsa-begins-2025-26-fafsa-paper-processing-addresses-errors-with-2024-25-form/) - Financial aid offices can access the 2025-26 FAFSA Paper form through the FAFSA Partner Portal, as the Department of Education begins processing applications; functionality for student corrections will arrive in early 2025. Additionally, FSA has provided guidance for applicants whose ISIRS are impacted by Reject 9, Comment Code 23, or Identity Validation Processing Errors while - [2025–26 FAFSA® Beta Testing: The Latest Updates and Ongoing Issues](https://www.collegeaidservices.net/2024/10/14/2025-26-fafsa-beta-testing-the-latest-updates-and-ongoing-issues/) - Updated November 25th The Department of Education continues to beta test the 2025-26 FAFSA with a select group of institutions and students as the December 1 release date approaches. Here is the latest regarding the upcoming application, as detailed on the Updates page: 2025-26 FAFSA Beta Updates Nov. 21: Department Announces Official Release of 2025-26 - [FAFSA Deadline Act Unanimously Passes US Senate, Now Heads to the White House](https://www.collegeaidservices.net/2024/11/22/fafsa-deadline-act-unanimously-passes-us-senate-now-heads-to-the-white-house/) - Today, the U.S. Senate unanimously approved H.R. 8932, FAFSA Deadline Act, one week after the House of Representatives passed the measure with overwhelming bipartisan support. The FAFSA Deadline Act requires the application to be available by October 1st and mandates that the Department of Education certify its launch by September 1 or testify before Congress - [Dept. of Education Launches 2025-26 FAFSA Ahead of Scheduled Release Date](https://www.collegeaidservices.net/2024/11/22/dept-of-education-launches-2025-26-fafsa-ahead-of-scheduled-release-date/) - The Department of Education has officially launched the 2025-26 FAFSA application nearly two weeks ahead of the original December 1st deadline. After months of beta testing, the form is available to all students and families via the dedicated FAFSA portal at studentaid.gov. Here is a breakdown of the most important details you need to know: - [2025–26 FAFSA® Beta Testing: The Latest Updates and Ongoing Issues (Nov. 19 Update)](https://www.collegeaidservices.net/2024/11/21/2025-26-fafsa-beta-testing-the-latest-updates-and-ongoing-issues-nov-19-update/) - Updated November 21st The Department of Education continues to beta test the 2025-26 FAFSA with a select group of institutions and students as the December 1 release date approaches. Here is the latest regarding the upcoming application, as detailed on the Updates page: 2025-26 FAFSA Beta Updates Nov. 19: More than 50,000 2025–26 FAFSA Forms - [2025-26 Verification - Webinar (Recording)](https://www.collegeaidservices.net/2024/11/19/2025-26-verification-webinar-recording/) - Join us as we discuss Verification for the 2025-26 aid year. Our presenters will review the verification process, filing status requirements and acceptable documentation, comment codes, and how to handle conflicting information. You won’t want to miss this informative webinar! Original Broadcast Date: Tuesday November 19, 2024 at 2 PM ET This webinar is available - [Updated College Financing Plan Aims to Simplify Financial Aid Packages for Students](https://www.collegeaidservices.net/2024/11/19/updated-college-financing-plan-aims-to-simplify-financial-aid-packages-for-students/) - FSA has released the 2025-26 College Financing Plan (CFP) to continue helping prospective students understand and compare their financial aid packages at participating institutions. The standardized form is updated annually to reflect the latest requirements and is available on the Office of Postsecondary Education's website. Posted Date: November 15, 2024 Author: Office of Postsecondary Education - [FAFSA Deadline Act Passes House of Representatives With Bipartisan Support, Moves to US Senate](https://www.collegeaidservices.net/2024/11/18/fafsa-deadline-act-passes-house-of-representatives-with-bipartisan-support-moves-to-us-senate/) - On November 15th, the U.S. House of Representatives passed H.R. 8932, FAFSA Deadline Act, a proposed legislation that would amend the Higher Education Act of 1965. It requires the FAFSA to be available by October 1st and mandates that the Department of Education certify its launch by September 1 or testify before Congress if they - [EDExpress for Windows 2025–2026, Release 1.0 Now Available](https://www.collegeaidservices.net/2024/11/18/edexpress-for-windows-2025-2026-release-1-0-now-available/) - The first version of the EDExpress for Windows for the 2025-26 academic year is now available and includes functionality for Global, Application Processing, and Packaging. Administrators can access the release through the 'Software and Other Tools' section of the FSA Knowledge Center website and should refer to the EDExpress for Windows 2025–26 Installation Guide or - [Reminder: Final Reconciliation for Campus-Based Aid Due by December 13](https://www.collegeaidservices.net/2024/11/18/reminder-final-reconciliation-for-campus-based-aid-due-by-december-13/) - FSA has issued another important reminder to institutions regarding federal requirements for excess cash management, reconciliation, and reporting Title IV aid disbursements. Schools have until December 13, 2024 to make any changes to their financial aid data for Campus-Based programs for the 2023-24 academic year. Posted Date November 18, 2024 Author Federal Student Aid Electronic - [FSA Sets Dec. 10 Deadline for Institutions to Validate TG/FT Numbers and Electronic Services User Accounts (Nov. 13 Update)](https://www.collegeaidservices.net/2024/11/15/fsa-sets-dec-10-deadline-for-institutions-to-validate-tg-ft-numbers-and-electronic-services-user-accounts-2/) - Schools have until December 10th to validate their assigned Electronic Services user accounts and TG/FT numbers associated with the NSLDS Professional Access website, COD website, FAFSA Partner Portal, and EDconnect program. The memo below outlines the steps that each Primary Destination Point Administrator Schools must take to recertify their institution and failure to meet the - [Latest StudentAid.gov Maintenance Scheduled for Nov. 17-18, 2024](https://www.collegeaidservices.net/2024/11/15/latest-studentaid-gov-maintenance-scheduled-for-nov-17-18-2024/) - FSA has notified institutions that the StudentAid.gov website will be down for mandatory maintenance. The outage is scheduled to occur between 1 a.m. ET on Sunday, November 17 and 5 a.m. ET on November 18. Administrators can expect the following during this period: Users will be unable to log in, create an account, or access - [U.S. Department of Education Announces Final Beta Testing Period for the 2025–26 FAFSA Form](https://www.collegeaidservices.net/2024/11/14/u-s-department-of-education-announces-final-beta-testing-period-for-the-2025-26-fafsa-form/) - The U.S. Department of Education (Department) announced today that it entered the final beta testing period of the 2025–26 Free Application for Federal Student Aid (FAFSA®), Beta 4, which will build on the successful results from the first three beta periods. Since Oct. 1, more than 14,000 students have successfully submitted their 2025–26 FAFSA forms. The Department - [Schools Must Submit Evaluation of Completers Lists, Required Reporting Data by January 15, 2025](https://www.collegeaidservices.net/2024/11/14/schools-must-submit-evaluation-of-completers-lists-required-reporting-data-by-january-15-2025/) - The Department of Education has issued detailed reminders to institutions, emphasizing the need to submit their Evaluation of Completers Lists and required reporting data to comply with FVT/GE regulations. Schools now have until January 15, 2025 to meet these requirements after receiving additional time to prioritize preparations for the upcoming FAFSA application. Posted Date: November - [FSA to Roll Out 2024-25 and 2025-26 FAFSA Batch Corrections by Early 2025 (Nov. 8 Update)](https://www.collegeaidservices.net/2024/11/12/fsa-to-roll-out-2024-25-and-2025-26-fafsa-batch-corrections-by-early-2025-nov-8-update/) - Originally scheduled for release in August, Federal Student Aid announced yesterday that batch corrections will not be available for the 2024-25 FAFSA. This surprising announcement places a significant burden on Financial Aid Administrators and may cause further delays in granting aid to students. Update on November 8, 2024: The Department previously indicated that the batch - [Dept. of Education Issues Guidance on Handling FAFSA Data When Administering Student Aid](https://www.collegeaidservices.net/2024/11/08/dept-of-education-issues-guidance-on-handling-fafsa-data-when-administering-student-aid/) - The federal government published a comprehensive guide to how Title IV institutions state grant agencies, and contractors can utilize personally identifiable information that they receive from the FAFSA Application. This electronic announcement covers topics such as what FAFSA data is, when institutions are required to obtain consent to disclose such information, the laws governing these - [New Training Resource Available for Meeting FVT/GE Processing Requirements](https://www.collegeaidservices.net/2024/11/07/new-training-resource-available-for-meeting-fvt-ge-processing-requirements/) - Federal Student Aid has released an 18 page guide as a an supplemental training resource for the Financial Value Transparency and Gainful Employment (FVT/GE) process. The document is available as a PDF and should be used in combination with the NSLDS FVT/GE User Guide as well as the FVT/GE Information page on the Knowledge Center. - [NSLDS Dependency Issue Affecting 5,400+ Borrowers Now Resolved (Nov. 6 Update)](https://www.collegeaidservices.net/2024/11/07/nslds-dependency-issue-affecting-5400-borrowers-now-resolved-nov-6-update/) - Federal Student Aid has identified a error within the National Student Loan Data System (NSLDS) that is flagging 'independent students under the age of 24 as Dependent and creating a series of inconsistencies; primarily for the 2023-24 academic year. Here is everything that you need to know about this issue: Update on November 6, 2024: - [Extensions Available for Disaster-Impacted Schools as Dec. 13 FISAP Correction Deadline Nears](https://www.collegeaidservices.net/2024/11/06/extensions-available-for-disaster-impacted-schools-as-dec-13-fisap-correction-deadline-nears/) - The electronic announcement below provides Title IV institutions with important information on how to submit any changes or corrections to the Fiscal Operations Report for 2023–24 and the Application to Participate for 2025–26 (FISAP). Any school within federally designated disaster zones should contact FSA to request an extension to update their applications; otherwise it will - [The Latest Resources to Help You Prepare for the 2025-26 FAFSA Launch](https://www.collegeaidservices.net/2024/10/31/the-latest-resources-to-help-you-prepare-for-the-2025-26-fafsa-launch/) - With one month left until December 1, the Department of Education has released a comprehensive list of resources to help financial aid offices to prepare for the launch of the 2025-26 FAFSA application. The electronic announcement below includes reference tools to understanding the changes, a list of technical fixes that FSA has made to the - [New FAFSA Webinar Offers Updates on 2024-25 Processing, Availability of 2025-26 Application](https://www.collegeaidservices.net/2024/10/30/new-fafsa-webinar-offers-updates-on-2024-25-processing-availability-of-2025-26-application/) - Federal Student Aid will host a live internet webinar on November 8th to provide administrators with an update on processing for the 2024–25 FAFSA , beta testing for the 2025–26 FAFSA, and when the upcoming application will be available. Participation will be available on a first come, first-served basis since registration is not required; there - [Now Available: 2025-26 FAFSA Form Preview Presentation](https://www.collegeaidservices.net/2024/10/29/now-available-2025-26-fafsa-form-preview-presentation/) - Financial aid offices now have access to the 2025–26 FAFSA Preview Presentation, which provides stakeholders with tools for financial aid nights and staff trainings. This resource has over 300 slides, reviews 12 different aspects of the FAFSA, and is available as a PowerPoint presentation as well as a PDF file. Below is a breakdown of - [Common Record XML Schema Version 5.0c Launches as CPS and FAA Access Are Decommissioned](https://www.collegeaidservices.net/2024/10/28/common-record-xml-schema-version-5-0c-launches-as-cps-and-faa-access-are-decommissioned/) - This year has ushered in a range of updates that will enhance how system managers can process federal aid, with some changes already implemented and other set to take effect in Spring 2025. Below is a summary of the most important changes that financial aid offices can expect in COD and the FAFSA Partner Portal - [Schools to Revise Updated FVT/GE Completers List; Submission Deadline Set for Jan. 15, 2025](https://www.collegeaidservices.net/2024/10/28/schools-to-revise-updated-fvt-ge-completers-list-submission-deadline-set-for-jan-15-2025/) - Federal Student Aid notified schools that they will transmit a revised draft of the Financial Value Transparency and Gainful Employment (FVT/GE) Completers List by October 27 through their SAIG-TG mailboxes. Financial aid offices will receive the file as a GEFVCMOP message class and have until Jan. 15, 2025, to make any necessary corrections and submit - [2024-25 Paper FAFSA Updates: Correction Processing Resumes with Estimated 7-10 Day Wait Time (Oct. 18 Update)](https://www.collegeaidservices.net/2024/10/21/2024-25-paper-fafsa-updates-correction-processing-resumes-with-estimated-7-10-day-wait-time-oct-18-update/) - Update on October 18, 2024: The Department has now implemented paper corrections functionality and begun processing corrections to paper forms. We estimate that paper corrections received to date will be completed by the end of October, after which paper corrections will be processed within 7-10 days of receipt. Additionally, the Department is now processing 2024-25 - [2025-26 FAFSA Application Update - Webinar (Recording)](https://www.collegeaidservices.net/2024/10/23/2025-26-fafsa-application-update-webinar-recording/) - The 2025-2026 FAFSA Cycle is upon us! Join us for an in-depth look at the latest updates, as well as what remains unchanged in the new 2025-26 FAFSA application. Our expert presenters will guide you through the key aspects of the 2025-26 FAFSA, highlight common application mistakes, and share valuable lessons from the previous year - [Discussing Financial Aid Trends: Expert Panel Roundtable Discussion Webinar (Recording)](https://www.collegeaidservices.net/2024/06/26/discussing-financial-aid-trends-expert-panel-roundtable-discussion-webinar-recording/) - As we continue to navigate the 2024-2025 academic year and prepare for 2025-2026, we are facing some of the most significant changes our industry has ever seen. Let’s seize this opportunity to share our knowledge and insights with one another! Join us and our expert panelists as we delve into current and emerging themes in - [Leveraging TDClient to Automate Your Daily Workflows Webinar (Recording)](https://www.collegeaidservices.net/2024/07/16/leveraging-tdclient-to-automate-your-daily-workflows-webinar-recording/) - This session explores the practical applications of TDClient for automating the download and upload of daily files to your FSA mailboxes. Gain a comprehensive overview of TDClient, its implementation, and strategies to integrate TDClient with other tools and systems to automate your financial aid processes. This webinar is perfect for financial aid administrators and IT - [Audit Preparation: Are you ready for it? - Webinar (Recording)](https://www.collegeaidservices.net/2024/08/21/audit-preparation-are-you-ready-for-it-recording/) - Is your office ready for the next compliance audit in our ever-changing financial aid world? Do your internal controls effectively identify areas of non-compliance? Join us for this insightful webinar where we share essential internal audit tips and best practices. Learn how to identify potential areas of concern and implement improvements to enhance compliance. We - [Tackling R2T4: Beyond the Basics - Webinar (Recording)](https://www.collegeaidservices.net/2024/09/11/tackling-r2t4-beyond-the-basics-webinar-recording/) - Return to Title IV (R2T4) remains a top 10 compliance finding year over year, and one of the most complex processes facing financial aid professionals today. In this webinar, we’ll explore the intricacies of R2T4 calculations and the common errors that often arise, along with their underlying causes and strategies for avoiding mistakes. Our presenters - [Better FAFSA Better Future Webinar Series available on demand](https://www.collegeaidservices.net/2023/08/25/better-fafsa-better-future-webinar-series-available-on-demand/) - Federal Student Aid’s Better FAFSA Better Future Webinar Series is now available on demand. The webinar series ran from June 6 until August 17th. An additional webinar was added on November 2nd. In total, there are the following twelve webinars: Better FAFSA® Better Future Overview and Timeline (Recording) Protecting Federal Tax Information (FTI) at Your - [Better FAFSA Better Future Webinar Series: January–February 2024 (New Webinar Added for April 18, 2024)](https://www.collegeaidservices.net/2024/01/09/better-fafsa-better-future-webinar-series-january-february-2024/) - FSA is conducting another set of webinars designed to answer your most pressing questions about the new FAFSA application. The online sessions will be held using a Q&A format and the complete details to access each webinars are located below. On February 21, FSA announced that a third webinar session will be held in April. - [FSA Announces Summer-Fall 2024 Webinar Training Series](https://www.collegeaidservices.net/2024/06/10/fsa-announces-summer-fall-2024-webinar-series/) - Federal Student Aid has announced four new webinars to discuss a range of topics such as reporting FVT/GE Data to NSLDS, general federal updates, overviews of using FAFSA data, and where to find help sources online. Each session is scheduled from 1-2:30 p.m. Eastern time (ET) and participation will be first come, first-served basis. Each - [2024-25 FAFSA Partner Portal Webinar Scheduled for June 28th (will demo manual corrections)](https://www.collegeaidservices.net/2024/06/24/2024-25-fafsa-partner-portal-webinar-scheduled-for-june-28th/) - Federal Student Aid is hosting a virtual webinar where users will have the opportunity to watch a demonstration on how institutions will submit corrections through the FAFSA Partner Portal (FPP). In addition to manually entering FPP data, this session will include step-by-step instructions on performing a dependency override and a professional judgement when federal tax - [Reminder: How to Register for Your Mandatory Title IV Recertification Training](https://www.collegeaidservices.net/2024/10/04/reminder-how-to-register-for-your-mandatory-title-iv-recertification-training/) - FSA is reminding institutions that they are required to complete an annual recertification training before their Program Participation Agreements (PPA) expire to maintain their Title IV status. The Department waived the 90-day requirement for institutions whose PPAs expired in March, June, September, and December 2024; these schools have until their PPAs expiration day to submit the - [FTI-SAIG Users Must Update Annual Certificates to Maintain Software Access (Oct. 22 Update)](https://www.collegeaidservices.net/2024/10/23/fti-saig-users-must-update-annual-certificates-to-maintain-software-access-oct-22-update/) - Financial Aid Offices that utilize EDconnect 8.6.1 or TDClient 3.5.0 must update their annual certificates to maintain their software access and continue receiving ISIRs. New certificates are available 30 days before the current one expires and FSA has provided several guides to assist administrators with the renewal process. Update on Oct. 22, 2024: We would - [FSA Sets Dec. 10 Deadline for Institutions to Validate TG/FT Numbers and Electronic Services User Accounts](https://www.collegeaidservices.net/2024/10/22/fsa-sets-dec-10-deadline-for-institutions-to-validate-tg-ft-numbers-and-electronic-services-user-accounts/) - Schools have until December 10th to validate their assigned Electronic Services user accounts and TG/FT numbers associated with the NSLDS Professional Access website, COD website, FAFSA Partner Portal, and EDconnect program. The memo below outlines the steps that each Primary Destination Point Administrator Schools must take to recertify their institution and failure to meet the - [2024-25 Paper FAFSA Updates: Processing Delayed By Software Glitch (Oct. 1 Update)](https://www.collegeaidservices.net/2024/10/03/2024-25-paper-fafsa-updates-processing-delayed-by-software-glitch-oct-1-update/) - The Department also continues to process paper FAFSA applications but is experiencing some lag in processing time. The current timeline for processing 2024-25 paper FAFSA applications is within a month of submission, but the Department is adding resources to bring the processing time back to 7-10 days within the next two weeks. The Department is - [Guidance for Institutions Impacted by National Emergencies in Foreign Countries (Oct. 18 Update)](https://www.collegeaidservices.net/2024/10/18/guidance-for-institutions-impacted-by-national-emergencies-in-foreign-countries-oct-18-update/) - Due to the recent unrest in the world, the Department of Education has published guidance for institutions that have satellite programs in countries that are affected by national emergencies. The guidance is posted below and an updated FAQ section is available here. Update on Oct. 18, 2024: The Department has updated this Electronic Announcement to - [60,000 Public Service Workers Receive $4.5 Billion in Student Debt Relief](https://www.collegeaidservices.net/2024/10/17/60000-public-service-workers-receive-4-5-billion-in-student-debt-relief/) - The White House has approved $4.5 billion in student loan debt relief for 60,000 borrowers who work in public service sectors. This brings the Biden Administration's total approved loan forgiveness to over $175 million for 4.8 million Americans. Read the U.S. Department of Education's full announcement below. PRESS RELEASE | OCTOBER 17, 2024 Contact: Press - [Now Available: EDExpress 2025–2026 Packaging Technical Reference](https://www.collegeaidservices.net/2024/10/17/now-available-edexpress-2025-2026-packaging-technical-reference/) - Posted Date: October 16, 2024 Subject: EDExpress for Windows 2025–2026 Packaging Technical Reference We are pleased to announce the posting of the 2025–26 EDExpress for Windows Packaging Technical Reference in the Software and Other Tools area of the Knowledge Center website (https://fsapartners.ed.gov/knowledge-center). The Packaging Technical Reference provides instructions and record layouts for schools and other - [Over 5,400 Borrowers Affected by NSLDS Dependency Issue, Resolution Expected by Late October (Oct. 15 Update)](https://www.collegeaidservices.net/2024/10/16/over-5400-borrowers-affected-by-nslds-dependency-issue-resolution-expected-by-late-october-oct-15-update/) - Federal Student Aid has identified a error within the National Student Loan Data System (NSLDS) that is flagging 'independent students under the age of 24 as Dependent and creating a series of inconsistencies; primarily for the 2023-24 academic year. Here is everything that you need to know about this issue: Update on October 15, 2024: - [2025–26 FAFSA Specifications Guide (October 2024 Update #3)](https://www.collegeaidservices.net/2024/10/16/2025-26-fafsa-specifications-guide-october-2024-update-3/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on October 16, 2024: FSA has published Volume 8 – Agency Matches. This volume - [FSA Issues Guidance for Annual Distributions of Perkins Loan Revolving Fund Assets](https://www.collegeaidservices.net/2024/10/11/fsa-issues-guidance-for-annual-distributions-of-perkins-loan-revolving-fund-assets/) - As the Federal Perkins Loan Program winds down, FSA has released guidance for how institutions can process their annual capital distributions form the Perkins Loan Revolving Fund. Schools will receive notifications from the Department about the amount that they must discharge, which will be determined by the Proportional Share formula and the 2025-26 FISAP application. - [2025–26 FAFSA Specifications Guide (October 2024 Update #2)](https://www.collegeaidservices.net/2024/10/09/2025-26-fafsa-specifications-guide-october-2024-update-2/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on October 8, 2024: FSA has published Volume 1 – Summary of Changes. This - [FTI-SAIG Users Must Update Annual Certificates to Maintain Software Access](https://www.collegeaidservices.net/2024/10/09/fti-saig-users-must-update-annual-certificates-to-maintain-software-access/) - Financial Aid Offices that utilize EDconnect 8.6.1 or TDClient 3.5.0 must update their annual certificates to maintain their software access and continue receiving ISIRs. New certificates are available 30 days before the current one expires and FSA has provided several guides to assist administrators with the renewal process. Posted Date: October 08, 2024 Author: Federal - [2025–26 FAFSA Specifications Guide (October 2024 Update)](https://www.collegeaidservices.net/2024/10/08/2025-26-fafsa-specifications-guide-october-2024-update/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on October 7, 2024: FSA has published Volume 7 – Comment Codes. This volume - [Upcoming Webinars Offer Title IV Recertification Training to Eligible Institutions](https://www.collegeaidservices.net/2024/04/04/upcoming-webinars-offer-title-iv-recertification-training-to-eligible-institutions/) - Federal Student Aid is hosting a pair of webinars later this year to train administrators on the recertification process for Title IV programs, which must be submitted 90 days before the expiration of their school's Program Participate Agreement (PPA). Please be aware that these online trainings are designated for institutions whose recertification applications are due - [Federal Relief and Extended Reporting Deadlines for Schools Impacted by Hurricane Helene](https://www.collegeaidservices.net/2024/10/04/federal-relief-and-extended-reporting-deadlines-for-schools-impacted-by-hurricane-helene/) - In the wake of Hurricane Helene, the Department of Education has provided guidance on how to determine if a Title IV institution is located in a federally declared disaster zone and the regulatory relief that is available to them. Part of this relief includes deadline extensions to for schools to complete mandatory reports such as - [Dept. of Education Outlines Rollout of New Joint Consolidation Loan Separation Process](https://www.collegeaidservices.net/2024/10/03/dept-of-education-outlines-rollout-of-new-joint-consolidation-loan-separation-process/) - The federal government has implemented new guidelines for the Joint Consolidation Loan Separation Act (JCLSA), a law signed in 2022 that gives borrowers the ability to separate joint debts into individual Direct Consolidation loans if they have Direct Loans or Federal Family Education Loans. Borrowers can now request a JCL separation through a paper application - [Registration Opens for the 2024 Virtual Federal Student Aid Training Conference](https://www.collegeaidservices.net/2024/10/02/registration-opens-for-the-2024-virtual-federal-student-aid-training-conference/) - Registration for the 2024 Virtual Federal Student Aid Training Conference for Financial Aid Professionals has officially opened! Participants can register through the Training Conference Home page on FSA Partner Connect and clicking 'Registration.' FSA recommends that users register online with Google Chrome because the website does not support Internet Explorer or Firefox at this time; - [2025-26 FAFSA Beta Testing Officially Launches](https://www.collegeaidservices.net/2024/10/01/2025-26-fafsa-beta-testing-officially-launches/) - Beta testing for the 2025-26 Free Application for Federal Student Aid (FAFSA) is officially available to a limited group of participants as the Department of Education announced in late August. Below is an overview of the most important information regarding today's release: Phase 1 of Beta Testing Begins The first phase of beta testing for - [Over 5,400 Borrowers Affected by NSLDS Dependency Issue, Resolution Expected by Late October](https://www.collegeaidservices.net/2024/10/01/over-5400-borrowers-affected-by-nslds-dependency-issue-resolution-expected-by-late-october/) - Federal Student Aid has identified a error within the National Student Loan Data System (NSLDS) that is flagging 'independent students under the age of 24 as Dependent and creating a series of inconsistencies; primarily for the 2023-24 academic year. Here is everything that you need to know about this issue: What are the main issues? - [Revised Application Process for Prison Education Programs Now Available](https://www.collegeaidservices.net/2024/10/01/revised-application-process-for-prison-education-programs-now-available/) - The Department of education has updated its guidance on how institutions can apply to organize Prison Education Programs (PEP) and consolidated this information in the electronic announcement below. This guidance includes details what schools must do prior to submitting their applications, procedures if there are multiple program locations, and how to respond if offices cannot - [New Guidance Released to Address Conflicting Information Issues With 2024-25 ISIRs](https://www.collegeaidservices.net/2024/09/27/new-guidance-released-to-address-conflicting-information-issues-with-2024-25-isirs/) - The Department of Education is addressing two software issues that flag incorrectly flag ISIRs as "Conflicting Information" for the 2024-25 award year. Officials are working to permanently resolve both problems and below is an overview of the most recent guidance that they have provided: Main Issues Issue #1: Federal Tax Information (FTI) and Manual Input - [Service Update for EDExpress, Release 2.0 Improves Direct Loan and Pell Grant Module Performance](https://www.collegeaidservices.net/2024/09/27/service-update-for-edexpress-release-2-0-improves-direct-loan-and-pell-grant-module-performance/) - The latest service release for EDExpress for Windows 2024-25 is now available to administrators to fix issues with the program's Direct Loan and Pell Grant modules. The announcement below provides a detailed list of the software updates, installation instructions, and recommendations for loading the service file to PC workstations. Posted Date: September 27, 2024 Author: - [FSA to Implement StudentAid.gov Maintenance, Outage Scheduled for September 28th](https://www.collegeaidservices.net/2024/09/27/fsa-to-implement-studentaid-gov-maintenance-outage-scheduled-for-september-28th/) - FSA has notified institutions that the StudentAid.gov website will be down for mandatory maintenance. The outage is scheduled to occur between 6 p.m. ET on September 28, 2024 and 1 p.m. ET on September 29, 2024. Users will not be able to log in or create an account during this time. SOURCE: (GENERAL-24-114 ) OUTAGE - [2025-26 FAFSA Specifications Guide (September 2024 Update #2)](https://www.collegeaidservices.net/2024/09/27/2025-26-fafsa-specifications-guide-september-2024-update-2/) - Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Update on September 26, 2024: The Department has updated Volume 4B implements several revisions to - [2024–25 FAFSA Specifications Guide (August 2024 Update)](https://www.collegeaidservices.net/2024/08/27/2024-25-fafsa-specifications-guide-august-2024-update/) - Federal Student Aid has updated the 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. Update on August 27, 2024: The Department has updated Volume 5. The changes made are specified in the Change History Table on page v within - [Don't Miss Out: Key Deadlines for 2024-25 Academic Year](https://www.collegeaidservices.net/2024/09/19/dont-miss-out-key-deadlines-for-2024-25-academic-year/) - In a recent publication, Federal Student Aid released key deadlines for Title IV institutions must submit reports for the 2024-25 academic year. This notice applies to the following programs: Free Application for Federal Student Aid (FAFSA), the Federal Supplemental Educational Opportunity Grant Program (FSEOG) Program, the Federal Work-Study (FWS) Program, the Federal Pell Grant (Pell - [Eligible Schools Impacted by Natural Disasters to Receive Supplemental FSEOG Funds by 9/30](https://www.collegeaidservices.net/2024/09/26/eligible-schools-impacted-by-natural-disasters-to-receive-supplemental-fseog-funds-by-9-30/) - Institutions that are located in regions directly affected by by recent severe storms or disaster events and eligibility for supplemental funding will receive supplemental FSEOG funds by September 30, 2024. According to FSA, these schools will receive FSEOG funding up to the amount requested in the 2024-25 FISAP report and they are encouraged to utilize - [Best Practices to Minimize and Report Substantial Misrepresentations](https://www.collegeaidservices.net/2024/09/26/best-practices-to-minimize-and-report-substantial-misrepresentations/) - The announcement below reminds Title IV-eligible institutions and third-party servicers that they are prohibited from making substantial misrepresentations and outlines several examples of conduct that would violate federal law. It also lays out the Department's authority to review any claims of misrepresentations by an institution, which could result in punishment that include fines, limit participation - [Dept. of Education Releases FY 2021 Default Rate Packages](https://www.collegeaidservices.net/2024/09/26/dept-of-education-releases-fy-2021-default-rate-packages/) - Federal Student Aid has announced that notification packages for the Fiscal Year 2021 official cohort default rate (CDR) are now publicly available to institutions enrolled in the Electronic Cohort Default Rate (eCDR) process. Below is breakdown of what schools can expect to receive, how to submit an appeal, and additional resources to help navigate the - [Statement from Secretary Cardona on the 2025-26 FAFSA Rollout](https://www.collegeaidservices.net/2024/09/23/statement-from-secretary-cardona-on-the-2025-26-fafsa-rollout/) - Secretary Cardona published a letter that addresses the issues that the Department faced during the 2024-25 FAFSA launch and what measure that they are taking to ensure that success of next year's application. The letter details how their efforts have led to shrinking the FAFSA completion gap, crucial feedback from more than 200 partner organizations, - [Documentation requirements for Mandatory and Discretionary Trigger Reporting Under Financial Responsibility](https://www.collegeaidservices.net/2024/09/18/documentation-requirements-for-mandatory-and-discretionary-trigger-reporting-under-financial-responsibility/) - Earlier this year, the Department of Education amended regulations for mandatory and discretionary trigger reporting that went into effect on July 1 for institutions receiving Title IV funding. The electronic announcement below provides a summary of suggested documentation that schools can submit to meet the federal government based on a list of possible scenarios. Posted - [2025–26 FAFSA Specifications Guide Updated with Test ISIR file](https://www.collegeaidservices.net/2024/09/18/2025-26-fafsa-specifications-guide-updated-with-test-isir-file/) - Federal Student Aid has updated Volume 9 of the 2025-26 FAFSA Specifications Guide to include the a test data file of a 2025-26 Institutional Student Information Record (ISIR). This file is for use in system testing by schools, state agencies, software providers, and other agencies and entities. The file is a tool to ensure that institutions are - [GE & FVT Reporting Deadline Extended to January 2025](https://www.collegeaidservices.net/2024/09/13/ge-fvt-reporting-deadline-extended-to-january-2025/) - Today, the Department of Education announced that the deadline for Financial Value Transparency and Gainful Employment Reporting is being extended to January 15, 2025. This announcement provides much needed relief to Financial Aid offices across the country who are already struggling with issues surrounding the the 2024-25 FAFSA. The full announcement is below. Posted Date - [Details released on how to join the 2025–26 FAFSA Beta test](https://www.collegeaidservices.net/2024/09/12/details-released-on-how-to-join-the-2025-26-fafsa-beta-test/) - If you are interested in being part of the 2025–26 FAFSA Beta, the Department has opened an interest form to complete. The Beta period which runs from mid-October until the end of November is open to community-based organizations, high schools, districts representing multiple schools, county or state organizations, and institutions of higher education. The purpose - [FSA Updates 23-24 TEACH Grant Guidance as September Closeout Date Nears](https://www.collegeaidservices.net/2024/09/09/fsa-updates-23-24-teach-grant-guidance-as-september-closeout-date-nears/) - Federal Student Aid has provided additional guidance for institutions who are closing out their TEACH Grant programs for 2023-2024 academic year. The memo contains important reminders from the original notice as well as supplemental information about how to review current balances, how final balances will be notified about final balances, and what occurs if a - [SAIG Message Class File Update](https://www.collegeaidservices.net/2024/09/11/saig-message-class-file-update/) - The Department is adding new message classes for the Enterprise Data Management and Analytics Platform Services and FAFSA Processing System to the EDconnect message class table. Follow the steps in the announcement below to implement the change. Posted Date September 10, 2024 Author Federal Student Aid Electronic Announcement ID GENERAL-24-110 Subject SAIG Message Class File - [Completing the FISAP Ahead of the October 1st Deadline](https://www.collegeaidservices.net/2024/09/06/completing-the-fisap-ahead-of-the-october-1st-deadline/) - As the October 1st deadline approaches, FSA has issued a number of important reminders to ensure that institutions accurately complete the Fiscal Operations Report for 2023–24 and the Application to Participate for 2025–26 (FISAP). The electronic announcement highlights best practices for data entry, updating information, and provides digital resources that contain guidelines to successfully complete - [Schools Urged to Delay Recent Pell Grant Transmissions Amid Processing Errors (Sept. 4 Update)](https://www.collegeaidservices.net/2024/09/05/schools-urged-to-delay-recent-pell-grant-transmissions-amid-processing-errors-sept-4-update/) - Update: This issue has been resolved. The Department has corrected the Pell Grant eligibility data on the COD System for FPS transactions. Schools are now able to submit 2024–25 Pell Grant records regardless of the FPS transaction date. Schools can also resubmit any records that were previously rejected. Posted Date: August 27, 2024 Author: Federal - [2025-26 Federal Verification: What's New and What to Remember](https://www.collegeaidservices.net/2024/09/05/2025-26-federal-verification-whats-new-and-what-to-remember/) - Federal Student Aid has provided a series of important verification updates for the 2025-26 academic year that affect victims of IRS tax-related identity theft and students who are confined or incarcerated. This Dear Colleague Letter also outlines where administrators can find language that the Department recommends for conversations about verification; this information and more is - [New 2025-26 FAFSA Prototype Offers Limited Preview of Upcoming Application](https://www.collegeaidservices.net/2024/09/04/new-2025-26-fafsa-prototype-offers-limited-preview-of-upcoming-application/) - Administrators now have access to the 2025–26 FAFSA® prototype, which is a web-based design tool where users can explore certain aspects of the official application as the Department of Education improves it over time. Although the prototype will will provide a preview, it may differ significantly from the final 2025-26 application and has significant limitations - [2024-25 Guidelines for Supplemental FSEOG and FWS Allocations](https://www.collegeaidservices.net/2024/08/30/2024-25-guidelines-for-supplemental-fseog-and-fws-allocations/) - The Department of Education has detailed the distribution process for excess FSEOG and FWS program funds from the previous academic year as well as how eligible institutions will be notified by the end of September 2024. The electronic announcement explains how the 2024-25 allocations will be determined by one's fair share calculations. Specifically, qualified schools - [Now Available: 2024-25 FAFSA Verification-IRS Tax Return Transcript Matrix](https://www.collegeaidservices.net/2024/08/30/now-available-2024-25-fafsa-verification-irs-tax-return-transcript-matrix/) - Institutions now have access to the 2024-25 FAFSA Verification-IRS Return Transcript Matrix to compare data between a selected family's tax data and the information submitted through the FAFSA application. The matrix is currently available as an excel document and is divided into five specific sections. Transcription Matrix Breakdown Column #1: Lists the nine FAFSA information - [Schools Urged to Delay Recent Pell Grant Transmissions Amid Processing Errors](https://www.collegeaidservices.net/2024/08/28/schools-urged-to-delay-recent-pell-grant-transmissions-amid-processing-errors/) - Updated 8/29/2024: We fixed the system issue that was preventing Pell Grant eligibility information from being passed to the COD System for FPS transactions from August 18. Schools should resume submitting 2024–25 Pell Grant records tied to an FPS transaction that was processed after Aug. 28, 2024, 10 a.m. Eastern time (ET) and no records - [2025-26 FAFSA Beta 1 Testing Opens to Community-Based Organizations](https://www.collegeaidservices.net/2024/08/28/2025-26-fafsa-beta-1-testing-opens-to-community-based-organizations/) - The Department recently announced that it would select a group of students and institutions of higher education (IHEs) to test the 2025-26 FAFSA before its public release later this year. In addition, two to six community-based organization (CBOs) will also have the opportunity to beta test the new application. Interested CBOs must complete an online - [2025-26 FAFSA Specifications Guide](https://www.collegeaidservices.net/2024/08/26/2025-26-fafsa-specifications-guide-august-2024-update/) - Federal Student Aid has released the first four volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time. Available Volumes: Introduction: This section provides an overview of the information in - [2024-25 FSA Handbook Update: Appendices Now Available](https://www.collegeaidservices.net/2024/08/26/2024-25-fsa-handbook-update-appendices-now-available/) - Federal Student Aid has published the Appendices of the 2024-2025 Federal Student Aid Handbook. These sections contain information that is too comprehensive for one volume and must be separated in order to maintain the handbook's overall flow. Available Appendices: Appendix A: Orientation to Online Resources A directory of resources for technical information and specialized assistance - [Processing Begins for Final 2022-23 and Second 2023-24 Pell Grant ACA Payments](https://www.collegeaidservices.net/2024/08/22/processing-begins-for-final-2022-23-and-second-2023-24-pell-grant-aca-payments/) - FSA announced that it began processing the third and final Pell Grant Administrative Cost Allowance (ACA) for 2022-23, which awards eligible institutions with $5.00 payments per recipient to cover costs associated with administering federal aid programs. These payments are determined by unduplicated Pell recipients and administrators must initiate a drawdown transaction to receive the funds; - [Key Procedures for Managing 2024-25 Peak Processing](https://www.collegeaidservices.net/2024/08/22/key-procedures-for-managing-2024-25-peak-processing/) - The Department of Education has issued key reminders for institutions to ensure efficient processing of originations and disbursements through COD now that the peak processing period for 2024-25 has begun. Here are their recommendations: Origination and disbursement responses are processed throughout the day and are often sent to schools within hours. During this peak period, - [FSA Launches Online Training Course for 2025-26 FISAP Submission](https://www.collegeaidservices.net/2024/08/21/fsa-launches-online-training-course-for-2025-26-fisap-submission/) - The Department of Education has released a new online course designed to guide financial aid administrators through each part of the FISAP and reviews commons mistakes that users will encounter throughout the process. This self-paced training is helpful for institutions who must complete the FISAP report by October 1st; it is available through the FSA - [2024-25 Paper FAFSA Processing Updates, Paper Corrections To Be Available By End of August (Aug. 19 Update)](https://www.collegeaidservices.net/2024/08/20/2024-25-paper-fafsa-processing-updates-paper-corrections-to-be-available-by-end-of-august-aug-19-update/) - Updated 8/19/24: The Department previously announced, on July 30, 2024, that we estimated the processing of paper applications would be completed within two to three weeks. The Department is working diligently to process those forms and is providing a timing update to our partners. The Department now anticipates the processing of paper forms will be - [Institutions Gain Access to New FAFSA Partner Portal Training and Technical Support](https://www.collegeaidservices.net/2024/08/20/institutions-gain-access-to-new-fafsa-partner-portal-training-and-technical-support/) - Administrators now have access to several new resources that focus on making corrections in the FAFSA Partner Portal (FPP) now that it will replace FAA Access to CPS Online. The tools include a document that covers 8 fundamental topics, a video webinar that FSA originally posted in June, and a submission form for institutions to - [2024-25 Paper FAFSA Processing Updates, Paper Corrections To Be Available By End of September](https://www.collegeaidservices.net/2024/07/31/2024-25-paper-fafsa-processing-updates-paper-corrections-to-be-available-by-end-of-september/) - Updated 8/20/24: The Department previously announced, on July 30, 2024, that we estimated the processing of paper applications would be completed within two to three weeks. The Department is working diligently to process those forms and is providing a timing update to our partners. The Department now anticipates the processing of paper forms will be - [Now Available: Title IV Program Participation Agreements](https://www.collegeaidservices.net/2024/08/14/now-available-title-iv-program-participation-agreements/) - Updated 8/20/24: The information described in this announcement is now available at the following links: Program Participation Agreements: https://studentaid.gov/data-center/school/ppa Enforcement Administrative Actions: https://studentaid.gov/data-center/enforcement/enforcement-by-year Federal Student Aid is publishing the latest information related to Program Participation Agreements (PPA), which are required documents that must be signed institutional leadership if they want to retain their status as - [Dept. of Education Prepares for 2025-26 with New SAI and Pell Eligibility Guide, Request for Information Notice](https://www.collegeaidservices.net/2024/08/14/dept-of-education-prepares-for-2025-26-with-new-sai-and-pell-eligibility-guide-request-for-information-notice/) - After a year filled with technological challenges, the Department of Education is taking steps to ensure that the upcoming FAFSA application rollout is successful with the release of the 2025-26 Student Aid Index (SAI) and Pell Grant Eligibility Guide. This document offers a comprehensive overview of how a student's SAI and Pell Grant eligibility are - [DHS Implements Temporary Fix to Address FAFSA Verification Backlog](https://www.collegeaidservices.net/2024/08/09/dhs-implements-temporary-fix-to-address-fafsa-verification-backlog/) - As we discussed last month, the secondary verification process for eligible noncitizens is still unavailable because current contracts with the Department of Homeland Security (DHS) only allow one platform to perform this task. FSA acknowledged that this would cause significant delays for the small population of applicants who do not pass the initial identity verification - [Navigating Conflicting Information in Title IV Administration](https://www.collegeaidservices.net/2024/08/08/navigating-conflicting-information-in-title-iv-administration/) - As Title IV administrators, we're all too familiar with the term "conflicting information." It's a staple in our daily operations in higher education, and its regulatory definition can be found in 34 CFR 668.16(f), 34 CFR 668.16(b)(3), and 34 CFR 668.54(a)(2). These regulations require Financial Aid Administrators (FAAs) to establish a robust system for identifying - [2025-26 FAFSA Timeline Announced; Testing begins October 1st](https://www.collegeaidservices.net/2024/08/07/2025-26-fafsa-timeline-announced-testing-begins-october-1st/) - The U.S. Department of Education (Department) today announced that the 2025-26 Free Application for Federal Student Aid (FAFSA® form) will be launched through a new process. Starting on October 1, the Department will release the 2025-26 FAFSA form for testing with a limited set of students and institutions. The Department will make the application available - [Biden Administration Introduces New Debt Relief Measures After Latest Court Battle](https://www.collegeaidservices.net/2024/08/07/biden-administration-introduces-new-debt-relief-measures-after-latest-court-battle/) - The Department of Education has notified student loan borrowers about potential options for full or partial debt relief after a federal appeals court blocked key aspects of the Biden Administration's SAVE plan. Borrowers who want to explore these options do not have to complete any additional steps at this time and anyone who wishes to - [FSA Announces 2024-25 Fundamentals Training Series](https://www.collegeaidservices.net/2024/08/06/fsa-announces-2024-25-fundamentals-training-series/) - In addition to its updated training modules, Federal Student Aid has created a new series that expands on rudimentary topics such as reporting requirements and how schools request funds from the Department of Education. The series will be divided into the two sections: a self-paced course called FSA Fundamentals Online and the instructor-led FSA Fundamentals Virtual - [Updated Learning Tracks, Basic Training Modules Offer New Courses for 2024-25](https://www.collegeaidservices.net/2024/08/06/updated-learning-tracks-basic-training-modules-offer-new-courses-for-2024-25/) - Financial Aid administrators can access the 2024-25 training materials for this year's Learning Tracks, which are designed as brief courses that focus on one particular subject at a time and are available through the FSA Training Center. The Department of Education also highlighted the FSA Basic Training for New Staff and FSA Fundamentals Online for professionals - [Now Available: Volumes 2 of the 2024-25 FSA Handbook](https://www.collegeaidservices.net/2024/08/02/now-available-volumes-2-of-the-2024-25-fsa-handbook/) - Federal Student Aid has published Volume 2: School Eligibility and Operations of the 2024-2025 Federal Student Aid Handbook. What has changed: Volume 2 - School Eligibility and Operations is now available on the FSA Knowledge Center. This volume of the Federal Student Aid Handbook comprises topics pertaining to colleges’ general obligations in administering the Title - [Resolving Conflicting Information on the 2024-25 FAFSA (August 2024 Update)](https://www.collegeaidservices.net/2024/08/02/resolving-conflicting-information-on-the-2024-25-fafsa-august-2024-update/) - Update 8/1/24: Following its July 24th update, Federal Student Aid has clarified its guidance on resolving conflicting information for applicants or contributors that have FTI data and manually indicated that they did not file a U.S. tax return for 2022. Below is an overview of the Department's guidance for financial aid offices to address this - [2025-26 FISAP Reporting Guidelines (July 2024 Update)](https://www.collegeaidservices.net/2024/08/01/2025-26-fisap-reporting-guidelines-july-2024-update/) - The Fiscal Operations Report for 2023-24 and Application to Participate for 2025-26 (FISAP) was approved by the federal government earlier this year and the deadline to submit is Tuesday, October 1st at 11:59 p.m. ET; corrections to the report will be on December 13, 2024. Below is overview of the initial changes to the FISAP, - [FSA Announces No Batch Corrections for the 2024-25 FAFSA](https://www.collegeaidservices.net/2024/07/31/fsa-announces-no-batch-corrections-for-the-2024-2025-fafsa/) - Originally scheduled for release in August, Federal Student Aid announced yesterday that batch corrections will not be available for the 2024-25 FAFSA. This surprising announcement places a significant burden on Financial Aid Administrators and may cause further delays in granting aid to students. In response, the Department is offering technical assistance to help institutions process - [The Department Postpones More 2024-25 Features, Maintains Temporary Non-SSN Policy](https://www.collegeaidservices.net/2024/07/31/the-department-postpones-more-2024-25-features-maintains-temporary-non-ssn-policy/) - The Department of Education announced it will maintain its temporary policies for applications without a SSN to access the 2024-25 FAFSA form until it can resolve the underlying issues with secondary identity verifications. There are also major updates regarding delayed functionalities for the FAFSA Partner Portal (FPP) and services that will be unavailable through the - [Guidance on Means-Tested Benefits Outreach for Institutions and State Grant Agencies](https://www.collegeaidservices.net/2024/07/30/guidance-on-means-tested-benefits-outreach-for-institutions-and-state-grant-agencies/) - The Department of Education has provided updated guidance on the use of FAFSA data for identifying students who may be eligible for means-tested benefits. Initially designated under Section 483(a)(3)(E) of the Higher Education Act of 1965, this provision allowed institutions to utilize FAFSA data for outreach purposes. Recently, state grant agencies were also included in - [2024–25 FAFSA Specifications Guide (July 2024 Update)](https://www.collegeaidservices.net/2024/07/25/2024-25-fafsa-specifications-guide-july-2024-update/) - Federal Student Aid has updated the 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. Update on July 26, 2024: The Department anticipates revisions to guide's EDE specifications in the coming days. The Department encourages Financial Aid Administrators to hold - [NSLDS Financial Value Transparency and Gainful Employment (FVT/GE) User Guide (July 2024 Update)](https://www.collegeaidservices.net/2024/07/26/nslds-financial-value-transparency-and-gainful-employment-fvt-ge-user-guide-july-2024-update/) - The Department of Education has released an updated version of the NSLDS Financial Value Transparency and Gainful Employment (FVT/GE) User Guide, provides instructions and guidance for complying with the FVT/GE reporting requirements via the National Student Loan Data System (NSLDS®). What has changed? Volume 3 – FVT/GE Completers List. The information in this volume describes - [2024-25 Federal School Code List Released: How to Access and Update](https://www.collegeaidservices.net/2024/07/26/2024-25-federal-school-code-list-released-how-to-access-and-update/) - The 2024-25 Federal School Code (FSC) List of Participating Schools is now available as an online document and an integrated search function for applicants navigating the fafsa.gov website. Institutions who wish to update their FSC information must complete the Electronic Application for Approval to Participate in the Federal Student Financial Aid Programs (E-App) and follow - [Resolving Conflicting Information on the 2024-25 FAFSA (July 2024 Update)](https://www.collegeaidservices.net/2024/06/18/resolving-conflicting-information-on-the-2024-25-fafsa/) - Update 7/25/24: The Department is revising the instructions with additional steps for resolving conflicting information when an applicant or contributor who had FTI data reported on the ISIR also manually indicated that they did not file a U.S. tax return in 2022. Each of these steps—including collecting appropriate documentation—must be completed prior to submitting a - [Now Available: Volumes 8 and 9 of 2024-25 FSA Handbook, Updated AVG](https://www.collegeaidservices.net/2024/07/25/now-available-volumes-8-and-9-of-2024-25-fsa-handbook-updated-avg/) - Federal Student Aid has published two volumes the 2024-2025 Federal Student Aid Handbook and updated the Application Verification Guide. What has changed: Volume 8: The Direct Loan Program – This volume discusses the William D. Ford Federal Direct Loan Program (Direct Loan Program) and describes how the U.S. Department of Education (the Department) makes loans - [Proprietary Institutions Receive Updated Instructions for Annual Audit Submission (July 2024 Update)](https://www.collegeaidservices.net/2024/06/11/proprietary-institutions-receive-updated-instructions-for-annual-audit-submission/) - Update 7/12/24: A new announcement supersedes the guidance previously provided on June 10th. The new announcement is below. POSTED DATE: July 11, 2024 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT ID: GENERAL-24-85 SUBJECT: Updates on the Availability of eZ-Audit for the Electronic Submission of Annual Financial and Compliance Audit Statements for Proprietary Institutions This Electronic Announcement outlines annual - [FSA Resolves NSLDS Reports Tool Issue, Advises All Users to Renew Credentials](https://www.collegeaidservices.net/2024/07/24/fsa-resolves-nslds-reports-tool-issue-advises-all-users-to-renew-credentials/) - Following a recent upgrade, several users reported that NSLDS Reports Tool did not accept their valid credentials when they attempted to log in through the NSLDS Professional Access portal. FSA has already contacted impacted users to resolve the problem and is urging everyone to renew their NSLDS credentials to ensure that they do not experience - [2024–2025 COD Technical Reference (July 2024 Update)](https://www.collegeaidservices.net/2024/07/23/2024-2025-cod-technical-reference-july-2024-update/) - The Department of Education has updated the Common Origination and Disbursement (COD) Technical Reference and contains development information for the 2024–2025 award year. Minor corrections were made to volumes 2 and 4 as of July 18th and a summary of the most recent changes can be found in the July 2024 Change Tracking Log; prior - [Reminder: Title IV Eligibility Requirements for Unaccompanied, Homeless Youth](https://www.collegeaidservices.net/2024/07/22/reminder-title-iv-eligibility-requirements-for-unaccompanied-homeless-youth/) - The latest electronic announcement outlines 2024-25 federal guidelines to determine when a FAFSA applicant qualifies for independent status as a unaccompanied youth who is homeless, self-supporting, or at risk of being homeless. It emphasizes important details such what documentation that financial aid offices need to collect and when it is appropriate to request additional information - [How to Reallocate 2023-24 Campus-Based Funds, Request Supplemental Funds for 2024-25](https://www.collegeaidservices.net/2024/07/18/how-to-reallocate-2023-24-campus-based-funds-request-supplemental-funds-for-2024-25/) - Federal Student Aid has released guidance for how institutions can utilize their excess Federal Work-Study and FSEOG funds using the 2023-24 Reallocation Form when it becomes available on or after August 1, 2024. Remaining funds from the current academic year can also be used to employ students seeking community service jobs in 2024-25 if schools - [White House Approves $1.2 Billion in Loan Forgiveness for 35,000 Public Service Workers](https://www.collegeaidservices.net/2024/07/18/white-house-approves-1-2-billion-in-loan-forgiveness-for-35000-public-service-workers/) - 35,000 public service workers across the country will receive $1.2 billion in forgiveness as part of the Biden administration's ongoing commitment to reforming the loan repayment system. This latest announcement will impact every day Americans like police officers, nurses, and teachers who are enrolled in the Public Service Loan Forgiveness program (PSLF). For more information, - [Additional Guidance on NSLDS Post-Screening & Identity Verification for 2024-25](https://www.collegeaidservices.net/2024/07/10/additional-guidance-on-nslds-post-screening-identity-verification-for-2024-25/) - Updated on July 16, 2024: "We are clarifying that the new message class files have been delivered to active TG (regular SAIG) mailboxes. Schools will only receive lists if they have received records for applicants that have been identified for V4 or V5 verification." Federal Student Aid has provided several tools that institutions can utilize - [FAFSA Manual Corrections Now Available for Institutions (with some bugs) - Updated July 9th](https://www.collegeaidservices.net/2024/07/03/fafsa-manual-corrections-now-available-for-institutions-with-some-bugs/) - The ability for institutions to make and submit manual corrections to FAFSA records via the FAFSA Partner Portal (FPP) is now available. Unfortunately institutions have reported receiving error messages when attempting to submit corrections. The Department has isolated the bug to users with the role of Primary Destination Point Administrator (PDPA). The current workaround is - [Now Available: Notification of Campus-Based Funding for the 2024-25 Award Year](https://www.collegeaidservices.net/2024/07/12/now-available-notification-of-campus-based-funding-for-the-2024-25-award-year/) - The Department of Education has officially published a finalized report that details the approved 2024-25 Campus-Based funding for the Federal Supplemental Education Opportunity Program (FSEOG) and Federal Work-Study Program (FWS). This report contains each institution's name, OPEID, address, state code, and the amount that they will receive for each fund as of June 2024; users - [Summer-Only Direct Loans: How to Process for 2024-25 Without Batch Corrections](https://www.collegeaidservices.net/2024/07/12/summer-only-direct-loans-how-to-process-for-2024-25-without-batch-corrections/) - The electronic announcement provides instructions for how institutions should originate summer-only Direct Loans while batch corrections are still unavailable for the 2024-25 academic year. These directions include how eligibility should be evaluated for summer terms and disbursement options for summer-fall loans; it also emphasizes that schools can originate a loan without a valid ISIR, but - [FAFSA Limbo: Why Secondary Noncitizen Verifications Are Delayed](https://www.collegeaidservices.net/2024/07/11/fafsa-limbo-why-secondary-noncitizen-verifications-are-delayed/) - Noncitizens are eligible for federal aid through the FAFSA application if they fall within specific classifications—such as permanent resident, conditional entrant, or refugee, etc.—and provide a valid Alien Registration number that is verified by the Department of Homeland Security (DHS). While the vast majority pass the initial identity verification, those who don't undergo a secondary - [Report: How New Overtime Regulations Will Impact Higher Education](https://www.collegeaidservices.net/2024/07/09/report-how-new-overtime-regulations-will-impact-higher-education/) - The Biden Administration announced in April 2024 that it would raise the minimum salary threshold for white-collar employees under the Fair Labor Standards Act (FLSA) to maintain exempt status from overtime pay. These changes will occur in three stages according to the Department of Labor: the first raised the minimum salary to $43,888 on July - [Department of Education Limits Academic Transcript Withholdings, Effective July 1st](https://www.collegeaidservices.net/2024/07/09/department-of-education-limits-academic-transcript-withholdings-effective-july-1st/) - On July 1st, the Department of Education officially implemented a series of regulations as part of its commitment to providing greater oversight and transparency in Higher Education. Part of this oversight includes greater restrictions on when institutions can withhold a student's academic transcript if their course credits were paid for using federal dollars and removed - [FVT/GE Reporting Update: Judge Blocks Maximum Program Length Requirements; NASFAA Advocates for Deadline Extension](https://www.collegeaidservices.net/2024/07/05/fvt-ge-reporting-update-judge-blocks-maximum-program-length-requirements-nasfaa-advocates-for-deadline-extension/) - A temporary injunction prevents the federal government from enforcing regulations that reduced the maximum length of Gainful Employment (GE) programs to 100% of a state's minimum educational requirements for licensures. - [NSLDS Financial Value Transparency and Gainful Employment (FVT/GE) User Guide (June 2024 Update)](https://www.collegeaidservices.net/2024/06/28/nslds-financial-value-transparency-and-gainful-employment-fvt-ge-user-guide/) - The NSLDS Financial Value Transparency and Gainful Employment (FVT/GE) User Guide provides instructions and guidance for complying with the FVT/GE reporting requirements via the National Student Loan Data System (NSLDS®). We recommend that you continue to monitor the Financial Value Transparency and Gainful Employment Information page on the Knowledge Center for the most current FVT/GE guidance and information. As - [Now Available: Variable Federal Loan Interest Rates for 2024-25](https://www.collegeaidservices.net/2024/06/05/now-available-variable-federal-loan-interest-rates-for-2024-25/) - Federal Student Aid (FSA) has released the variable interest rate calculations for Stafford, PLUS/SLS, and Consolidation loans PERIOD BEGIN: July 01, 2024 Period End: June 30, 2025 POSTED DATE: June 04, 2024 SUBJECT: Federal Stafford, Federal PLUS, Federal SLS, and Federal Consolidation Interest Rate Calculations for the Period July 1, 2024 – June 30, 2025 - [Guidance on Mandatory and Discretionary Trigger Reporting Under Financial Responsibility](https://www.collegeaidservices.net/2024/06/27/guidance-on-mandatory-and-discretionary-trigger-reporting-under-financial-responsibility/) - Beginning July 1st, new regulations concerning financial responsibility triggers that must be reported to the Department through the COD Document Center will go into effect for institutions that receive Title IV aid . The electronic announcement outlines how as well as when an institution should report Mandatory and Discretionary Triggers; FSA will provide more guidance - [EDExpress for Windows 2024–2025, Release 2.0 (June 2024 Update)](https://www.collegeaidservices.net/2024/06/27/edexpress-for-windows-2024-2025-release-2-0-june-2024-update/) - The latest version of EDExpress for Windows includes updates that improves institutions' ability to report Federal Work-Study data through the Campus-Based Common Record schema to the COD system. The announcement below provides installation instructions, troubleshooting recommendations, and discusses the updated EDExpress for Windows 2024–2025, Release 2.0 Desk Reference. POSTED DATE: June 27, 2024 AUTHOR: Federal - [Secretary Cardona Announces Initiatives to Modernize the Office of Federal Student Aid](https://www.collegeaidservices.net/2024/06/03/secretary-cardona-announces-initiatives-to-modernize-the-office-of-federal-student-aid/) - Amid heavy criticism of the 2024-2025 FAFSA rollout, the Department of Education plans to modernize FSA. In a letter sent May 30th to staff members, Secretary Cardona announced initiatives to address several areas of improvement such as how leadership structures organizational workflows, improving technological infrastructure, and creating better systems of accountability. The list of initiatives - [Additional 2022–23 Direct Loan Program Year Closeout Information](https://www.collegeaidservices.net/2024/06/26/additional-2022-23-direct-loan-program-year-closeout-information/) - FSA has released additional information related to the 2022–23 Direct Loan Program Year Closeout. Please see the full announcement below. POSTED DATE: June 26, 2024 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT ID: DL-24-04 SUBJECT: Additional 2022–23 Direct Loan Program Year Closeout Information Over the past few months, we have provided information about 2022–23 Direct Loan Program Year closeout (see - [2024–25 FAFSA Specifications Guide (June 2024 Update)](https://www.collegeaidservices.net/2024/06/26/2024-25-fafsa-specifications-guide-june-2024-update/) - Federal Student Aid has updated the 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. What changed? Volume 1 – Summary of Changes to include multiple updates and clarifications about functionality on the 2024–25 FAFSA Partner Portal website. Review the - [FSA announces ISIR training webinar](https://www.collegeaidservices.net/2024/03/27/fsa-announces-isir-training-webinar/) - In response to the influx of inquiries regarding ISIR files, Federal Student Aid (FSA) has announced a webinar entitled "2024-25 ISIR Highlights." Scheduled for Friday, March 29th at 3 PM ET, the webinar will focus on how data is organized within ISIR blocks, new identifiers, and new codes. In addition, FSA will also cover what - [COD System Update scheduled for June 30th to enable 2023 FWS reporting](https://www.collegeaidservices.net/2024/06/25/cod-system-update-scheduled-for-june-30th-to-enable-2023-fws-reporting/) - As a reminder to institutions, the Department of Education will implement updates to the Common Origination and Disbursement (COD) System to support a new Extensible Markup Language (XML) Schema. Campus-Based XML Schema Version 1.0b will primarily used to report campus-based program data such as FWS earnings, COD web activity, and to validate all Common Record - [SAIG Users Receive Updated Message Class Table from Federal Student Aid](https://www.collegeaidservices.net/2024/06/26/saig-users-receive-updated-message-class-table-from-federal-student-aid/) - The Department of Education sent the new "MESSAGTB" file to all SAIG mailbox users on June 24th, which contains the latest message class table and is available through FSA's Knowledge Center website. How to import the MESSAGTB file: The EDconnect software will automatically request, download, and import the new message class table through the SAIG - [Implementation of the Gainful Employment Funding Metric Requirements for Institutions Under Administrative Capability and Financial Responsibility](https://www.collegeaidservices.net/2024/06/21/implementation-of-the-gainful-employment-funding-metric-requirements-for-institutions-under-administrative-capability-and-financial-responsibility/) - This Electronic Announcement provides information on the implementation of new requirements related to Gainful Employment programs under the Administrative Capability regulations in 34 C.F.R. § 668.16(t) and the Financial Responsibility regulations in § 668.171(c), which go into effect July 1, 2024. POSTED DATE: June 20, 2024 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT ID: GENERAL-24-74 SUBJECT: - [Now Available: Volume 6 of the 2024-25 Federal Student Aid Handbook](https://www.collegeaidservices.net/2024/06/21/now-available-volume-6-of-the-2024-25-federal-student-aid-handbook/) - Federal Student Aid has published Volume 6: The Campus-Based Programs of the 2024-2025 Federal Student Aid Handbook What has changed in Volume 6? Chapter 1: Campus-Based Programs Common Elements Added and updated hyperlinks throughout chapter for regulatory citations and other references. Updated FISAP process deadline dates. Described COD XML Schema used for reporting 2023 Federal - [New Annual Incarcerated Student Reports Go Into Effect July 1st](https://www.collegeaidservices.net/2024/06/21/new-annual-incarcerated-student-reports-go-into-effect-july-1st/) - Starting July 1st, Financial Aid offices will receive the NSLDS Incarcerated Student Report: a new annual report that identifies Pell Grant recipients who are incarcerated or confined without a release date. The Pell Incarcerated Student Spreadsheet Submittal process, which is already available on the NSLDS Professional Access website, is where institutions will now report a - [Update on 2024-25 FAFSA Upgrades (including corrections); Launch Details for 2025-26](https://www.collegeaidservices.net/2024/06/18/update-on-2024-25-fafsa-upgrades-launch-details-for-2025-26/) - In a recent electronic announcement, the Department of Education has outlined a number of updates that will impact the 2024-25 and 2025-26 FAFSA forms in the coming months as part of its overhaul of the application. What updates can you expect related to the 2024-25 FAFSA? The Department is in the final stages of testing - [Jeremy Singer, President of College Board, Joins Department as FAFSA Executive Advisory](https://www.collegeaidservices.net/2024/06/17/jeremy-singer-president-of-college-board-joins-department-as-fafsa-executive-advisory/) - The Department of Education has announced that Jeremy Singer will take a temporary leave from his role as President of College Board to be the federal government's FAFSA Executive Advisor until the end of 2024. Known for his technological prowess, Singer's primary responsibility will be developing a comprehensive plan for Federal Student Aid (FSA) to - [COD Implementation for 2024-25 Outage Scheduled for June 30th](https://www.collegeaidservices.net/2024/06/17/cod-implementation-for-2024-25-outage-scheduled-for-june-30th/) - FSA has notified institutions that it will suspend batch processing for the Common Origination Disbursement System (COD) as it makes important updates in preparation for the 2024-25 academic year. The outage is scheduled to occur from midnight to 11 a.m. Eastern time (ET) on Sunday, June 30, 2024 In addition, users will not have access - [Latest Requirements for Ability to Benefit, Eligible Career Pathway Programs](https://www.collegeaidservices.net/2024/06/14/latest-requirements-for-ability-to-benefit-eligible-career-pathway-programs/) - The Department has released a detailed outline of the latest changes to the Ability to Benefit (ATB) regulations and Eligible Career Pathway Program for students without a high school diploma that want to apply for Title IV aid. The letter includes a number of topics such as instructions on how to enroll in these programs, - [FSA Will Deliver Reprocessed ISIRs to Address Blank SAI Fields, EIC Values, and Verification Flags](https://www.collegeaidservices.net/2024/06/10/fsa-will-deliver-reprocessed-isirs-to-address-blank-sai-fields-eic-values-and-verification-flags/) - The Department will transmit ISIRs that were reprocessed because of issues related to blank SAI fields and records that do not have an assigned tracking group despite being selected for verification. In addition, institutions will also receive ISIRs to address an error within the FAFSA Processing System (FPS) that generated incorrect values for the Earned - [Updated: NSLDS Transfer Student Monitoring & Financial Aid History User Guide and Record Layouts](https://www.collegeaidservices.net/2024/06/11/updated-nslds-transfer-student-monitoring-financial-aid-history-user-guide-and-record-layouts/) - The latest version of the NSLDS Transfer Student Monitoring & Financial Aid History User Guide and Record Layouts is now available on the Federal Student Aid website. The sections contained in this guide provides instructions on how to use the Transfer Student Monitoring (TSM) online, request Financial Aid History (FAH), complete the batch process between - [Are Your Policies and Procedures Up-to-date?](https://www.collegeaidservices.net/2018/07/26/are-your-policies-and-procedures-up-to-date/) - Is your financial aid policies and procedures current? With all the regulatory changes, it must feel like it is constantly out of date. Learn how we can help you keep compliant. - [DHS Announces New SAVE Requirement for Third-Step Verification Requests](https://www.collegeaidservices.net/2024/05/29/dhs-announces-new-save-requirement-for-third-step-verification-requests/) - The Department of Homeland Security has announced that financial aid administrators will need to review a new tutorial for the Systematic Alien Verification for Entitlements system (SAVE) in order to submit a request for third-step verification. What should you know about this requirement? The new rule went into effect on May 28, 2024 Administrators can - [2023-24 TEACH Grant Closeout Deadline Set for September 30th](https://www.collegeaidservices.net/2024/05/29/2023-24-teach-grant-closeout-deadline-set-for-september-30th/) - Institutions have until the last day of September 2024 to process, reconcile, and submit their TEACH Grant program data to the Department of Education for the current academic year. The electronic announcement provides detailed reminders for financial aid offices are required to submit; this includes disbursement adjustment reporting, cash management, and a zero ending cash - [Important Updates: How to Report V4/V5 Outcomes, ISIR Value Updates for Special Populations](https://www.collegeaidservices.net/2024/05/24/important-updates-how-to-report-v4-v5-outcomes-isir-value-updates-for-special-populations/) - Federal Student Aid has published several updates related to how institutions should report the outcomes of students selected for V4/V5 and addresses a small error in how dependency question data is displayed on FAFSA records; this issue specifically impacts the Ward of the Court and Foster Youth statuses. The agency also reminded financial aid offices - [The Changing Landscape of Professional Judgment - Webinar (Recording)](https://www.collegeaidservices.net/2024/05/16/the-changing-landscape-of-professional-judgment-webinar-recording/) - In this session, we will discuss the recent updates to Professional Judgment and ways to make the PJ process more manageable and less intimidating. The session will focus on changes to the process, implementing PJ, what is allowed to be adjusted (and what isn’t), and the required documents that can be collected from student applicants to document your decision. Our presenters will share examples of best practices and industry standards for administering Professional Judgment. - [The Biden-Harris Administration Discharges $7.7 Billion in Loans for 160,500 Borrowers](https://www.collegeaidservices.net/2024/05/22/the-biden-harris-administration-discharges-7-7-billion-in-loans-for-160500-borrowers/) - The federal government has announced that it will forgive $7.7 billion in student loans for 160,500 borrowers. This brings the total amount of approved relief to $167 billion for 4.75 million Americans by the Biden-Harris Administration. Who is impacted by this latest round of loan forgiveness? 39,200 borrowers who will receive $1.9 billion because of - [2025-26 FISAP Form Now Available; Instructions, Desk Reference, and Technical Reference](https://www.collegeaidservices.net/2024/05/21/2025-26-fisap-form/) - Institutions can access the 2025-26 FISAP as a PDF now that it has received final approval by the Office of Management and Budget. The online form will be available on the COD website by August 1, 2024. POSTED DATE: May 20, 2024 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT ID: CB-24-12 SUBJECT: Final 2025–26 FISAP Form, - [Department of Education Completes FAFSA Reprocessing](https://www.collegeaidservices.net/2024/05/20/department-of-education-completes-fafsa-reprocessing/) - Federal Student Aid confirmed this past Friday in an electronic announcement that it has successfully reprocessed FAFSA records that were negatively affected by issues with FPS and FA-DDX. In addition, the post details how financial aid administrators can identify reprocessed ISIRs and addresses reports about applications with blank SAI fields or erroneously marked for verification. - [EDExpress, EDconnect Issue Sends Files to Incorrect SAIG Mailbox](https://www.collegeaidservices.net/2024/05/17/edexpress-edconnect-issue-sends-files-to-incorrect-saig-mailbox/) - FSA has discovered an issue that sends exported files from EDExpress to the transmission queue for the incorrect SAIG mailbox in EDconnect 8.6.1 and "all current and prior" versions of EDExpress. Although there is no long term solution yet, officials recommend that users make sure that they are in the correct TG mailbox during the - [Implementation of Regulations Related to Financial Responsibility, Administrative Capability, Certification Procedures, and Ability to Benefit (ATB)](https://www.collegeaidservices.net/2024/05/16/implementation-of-regulations-related-to-financial-responsibility-administrative-capability-certification-procedures-and-ability-to-benefit-atb/) - On Thursday, May 16, the Department of Education released a new Dear Colleague letter (GEN-24-07) which outlines forthcoming changes to several regulations that affect an institution's eligibility to participate in Title IV, HEA programs. The updates pertain to regulations on Financial Responsibility, Administrative Capability, Certification Procedures, and Ability to Benefit (ATB). The regulations take effect - [EDExpress, Release 2.0 Provides Full Access to Pell Grant and Direct Loan Programs for 2024-25](https://www.collegeaidservices.net/2024/05/15/edexpress-release-2-0-provides-full-access-to-pell-grant-and-direct-loan-programs-for-2024-25/) - EDExpress for Windows 2024–25, Release 2.0 is now available for download and allows users to access the Federal Pell Grant, Federal Direct Loan, and TEACH Grant programs for the 2024-25 academic year. The update also brings additional changes to the program's user interface to streamline several processes and ensure that data is consistent with what - [FSA Issues Reminders for Schools Participating in Federal Perkins Loan Program](https://www.collegeaidservices.net/2024/05/16/fsa-issues-reminders-for-schools-participating-in-federal-perkins-loan-program/) - The Department of Education has outlined Federal Perkins Loan Program administrative responsibilities and reporting requirements through eventual wind-down. While institutions have not been able to issue new Perkins Loans since 2017, some may still be servicing existing loans. These requirements include important guidelines for reporting, borrower notifications, collection procedures, and how to handle loans that have - [2024-25 FSA Handbook Update: Volume 5 now available; Updates to Volumes 1 and 4](https://www.collegeaidservices.net/2024/05/16/fsa-publishes-volume-5-of-2024-25-handbook-updates-volumes-1-and-4/) - Federal Student Aid has published and updated several portions of the 2024-2025 Federal Student Aid Handbook. What has changed so far? Volume 5 - Withdrawals and the Return of Title IV Funds is now available on the FSA Knowledge Center. This volume discusses overpayments, which occur when the student receives more aid than they were - [Department of Education launches FAFSA Week of Action - April 15 through April 19](https://www.collegeaidservices.net/2024/04/15/department-of-education-launches-fafsa-week-of-action-april-15-through-april-19/) - The U.S. Department of Education and the Biden-Harris White House have announced that April 15-19 is the National FAFSA Week of Action. High school counselors, principals, superintendents, after-school programs, parent groups, non-profit organizations, and other local and state organizations are coming together to help encourage high school seniors to submit the new and improved Free - [2024-25 FAFSA: Update on Processing Paper FAFSA Forms, Implementing School-Initiated Corrections, and Temporary Changes to Process for Reporting Disbursements to Provide Institutional Flexibility](https://www.collegeaidservices.net/2024/05/10/2024-25-fafsa-update-on-processing-paper-fafsa-forms-implementing-school-initiated-corrections-and-temporary-changes-to-process-for-reporting-disbursements-to-provide-institutional-flexibility/) - Today the Department released several 2024-25 FAFSA updates including the timeline for processing Paper FAFSA forms and when school-initiated corrections will become available. In addition the deadline has been extended for reporting Direct Loan, Pell Grant, and TEACH Grant program disbursements. Key points include: The Department will begin processing 2024-25 paper FAFSA forms – including - [Now Available: Federal Direct Loan Interests for 2024-25](https://www.collegeaidservices.net/2024/05/15/now-available-federal-direct-loan-interests-for-2024-25/) - The Department of Education has published the fixed interest rates for Federal Direct Subsidized, Direct Unsubsidized, and Direct PLUS loans that are disbursed from July 1, 2024 to June 30, 2025. The respective interest rates for each loan is 6.53% for undergraduates, 8.08% for graduate or professional students, and 9.08% for parent borrowers based on - [Former Art Institute Students Receive $6.1 Billion in Loan Forgiveness](https://www.collegeaidservices.net/2024/05/02/former-art-institute-students-receive-6-1-billion-in-loan-forgiveness/) - 317,000 borrowers will have $6.1 Billion in student loan debt forgiven after an investigation by the Department Education revealed that The Art Institutes committed "pervasive and substantial misrepresentations" to prospective students about postgraduation employment rates, salaries, and career services . This approval automatically applies to borrowers who were harmed by this misleading information regardless of - [Department of Education Adds Better FAFSA Resource Videos to YouTube Channel](https://www.collegeaidservices.net/2024/05/08/department-of-education-adds-better-fafsa-resource-videos-to-youtube-channel/) - The Department of Education has created a slew of videos to help students and contributors with the 2024-25 FAFSA. These videos include guidance in both English and Spanish for topics such as adding signatures as well as updating the institutions listed on a student's form. All of these resources are available on the Department's 2024–25 - [2024-25 FAFSA Update: Additional ISIRs being Reprocessed](https://www.collegeaidservices.net/2024/05/02/2024-25-fafsa-update-additional-isirs-being-reprocessed/) - On May 1st, FSA announced that the Department will begin reprocessing 2024-25 FAFSA forms at the request of state agencies to address an issue with the order of school codes on the Institutional Student Information Record (ISIR). These reprocessed records will not result in changes to the student’s SAI or eligibility for federal student aid. - [Contributors Without SSNs Gain FAFSA Access, Webinar Training Scheduled for May 3](https://www.collegeaidservices.net/2024/05/01/contributors-without-ssns-gain-fafsa-access-webinar-training-scheduled-for-may-3/) - Users without a Social Security Number (SSN) will have access to the 2024-25 FAFSA thanks to a series of changes that the Department has recently implemented to address the ongoing issues for this population. While individuals without an SSN can temporarily access the application, they must still manually enter tax information and students must verify - [Richard Cordray, Chief Operating Officer of Federal Student Aid, Stepping Down at the End of June](https://www.collegeaidservices.net/2024/04/29/richard-cordray-chief-operating-officer-of-federal-student-stepping-down-at-the-end-of-june/) - Richard Cordray has announced that he plans to resign as FSA's Chief Operating Officer. Cordray's announcement comes during a wave of intense public scrutiny over the numerous issues plaguing the 2024-25 FAFSA rollout and mounting pressure from congressional members who voiced their concerns during hearing a House Committee meeting earlier this month. Though Cordray's contract - [Navigating Financial Aid Challenges: A Message to Institutions](https://www.collegeaidservices.net/2024/04/15/navigating-financial-aid-challenges-a-message-to-institutions/) - Dear Colleagues, As our journey to provide crucial resources to students across the country marches forward, we are met with challenges that demand our immediate attention and strategic solutions. The rollout of the 2024-25 FAFSA, particularly the issues affecting Institutional Student Information Records (ISIRs), has undoubtedly created hurdles for administrators and families alike. However, the - [2024-25 FAFSA Update: Reprocessed ISIRs Delivered](https://www.collegeaidservices.net/2024/04/29/2024-25-fafsa-update-reprocessed-isirs-delivered/) - In the latest update from the Department of Education, detailed steps have been taken to rectify issues with the 2024-25 FAFSA forms linked to IRS FA-DDX data errors. The announcement highlights the successful reprocessing of nearly all affected records, ensuring institutions can now proceed with financial aid offers. Key details cover the types of corrections - [2024–25 FAFSA Specifications Guide (April 2024 Updates)](https://www.collegeaidservices.net/2024/04/12/2024-25-fafsa-specifications-guide-april-2024-updates/) - Federal Student Aid has updated the draft 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. What changed? On April 11, 2024, FSA updated Volume 7 – Comment Codes. The changes made are noted in Volume 7’s Change History Table - [NSLDS Issue Affecting Aggregate Loan Totals Resolved, Corrected ISIRs Arrive Later This Year](https://www.collegeaidservices.net/2024/04/26/nslds-issue-affecting-aggregate-loan-totals-resolved-corrected-isirs-arrive-later-this-year/) - An NSLDS issue that inaccurately deducted duplicate capitalized interest amounts and affected the aggregate loan totals for 36,786 borrowers was resolved by FSA on April 7th, 2024. Although revised 2023-24 ISIRs were transmitted during the week of April 15th, institutions can expect to receive 2024-25 files with the corrected data and aggregate loan information at - [Examining the ins and outs of Satisfactory Academic Progress - Webinar (Recording)](https://www.collegeaidservices.net/2024/04/23/examining-the-ins-and-outs-of-satisfactory-academic-progress-webinar-recording/) - Join us for an in-depth look into Satisfactory Academic Progress (SAP) requirements and how they impact student success. Our panelists will provide insight into measuring progress and discuss examples of how to assist students who may fail to meet SAP requirements. We will review tools and strategies that can be used to navigate a negative SAP standing and lead to continued positive student achievement outcomes. - [An Additional 277,000 Americans to Receive $7.4 Billion in Loan Forgiveness](https://www.collegeaidservices.net/2024/04/13/an-additional-277000-americans-to-receive-7-4-billion-in-loan-forgiveness/) - The White House has unveiled another round of debt relief that forgives $7.4 billion for 277,000 student loan borrowers. This brings the total amount of approved relief to $153 billion for 4.3 million Americans by the Biden-Harris Administration. Who is impacted by this latest round of loan forgiveness? 206,800 borrowers enrolled in the SAVE program, - [Cardona's letter to College Presidents: FAFSA Rollout Update](https://www.collegeaidservices.net/2024/03/19/cardonas-letter-to-college-presidents-fafsa-rollout-update/) - On Friday March 15, Secretary Cardona sent a letter to College Presidents and Chancellors updating them on the FAFSA rollout. The letter included some recommendations for institutions, including to be prepare for the ISIRs, to extend decision dates and payment deadlines, and encourage returning students to apply for aid. You can access the letter here, - [Now Available: Updated Federal Perkins Loans Assignment and Liquidation Guide](https://www.collegeaidservices.net/2024/04/25/now-available-updated-federal-perkins-loans-assignment-and-liquidation-guide/) - The Department of Education has published its latest version of the Federal Perkins Loan Program Assignment and Liquidation Guide that contains important updates to reconciliation reports in NSLDS as well as procedures for submitting spreadsheets. Other changes include detailed guidelines for the new Perkins Portfolio Report (PRKPF1) and the Perkins Extract by Parameters Report (formerly - [FSA Implements New Gainful Employment Reports, Announces Webinar Training on May 1](https://www.collegeaidservices.net/2024/04/24/fsa-implements-new-gainful-employment-reports-announces-webinar-training-on-may-1/) - Three new reports that are designed to help institutions meet the federal government's Financial Value Transparency Gainful Employment requirements are now available to administrators through the NSLDSFAP website. We recommend that administrations log into their NSLDS accounts to confirm that they have access to the following reports: FVT/GE Program Enrollment Detail Report (SHDPE1), FVT/GE Program - [Safeguarding 2024–25 Federal Tax Information](https://www.collegeaidservices.net/2024/04/19/safeguarding-2024-25-federal-tax-information/) - FSA has released a reminder to institutions about the importance of safeguarding Federal Tax Information (FTI). If a concern or discrepancy arises with FTI on an ISIR, never include FTI information via email communications. The full announcement is below. POSTED DATE: May 12, 2023 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT ID: GENERAL-23-34 SUBJECT: Access and - [Now Available: Volume 3 of the 2024-25 Federal Student Aid Handbook](https://www.collegeaidservices.net/2024/04/18/now-available-volume-3-of-the-2024-25-federal-student-aid-handbook/) - 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 - [COD Implementation for 2024–25, Outage Scheduled for April 20th](https://www.collegeaidservices.net/2024/04/18/cod-implementation-for-2024-25-outage-scheduled-for-april-20th/) - FSA has notified institutions that it will suspend batch processing for the Common Origination Disbursement System (COD) as it makes important updates in preparation for the 2024-25 academic year. The outage is scheduled to occur between 11 p.m. ET on April 20, 2024 and 11 a.m. ET on April 21, 2024. In addition, users will - [FSA Restarts ISIR Transmission After Duplicate Message Class Error](https://www.collegeaidservices.net/2024/04/18/fsa-restarts-isir-transmission-after-duplicate-message-class-error/) - The Department of Education discovered yesterday that IDSA25OP and IGSA25OP, two ISIR message classes, were accidentally replicated and sent to the SAIG mailboxes numerous times. In response, ISIR transmissions along with the duplicate files were temporarily suspended to prevent institutions from receiving inaccurate data while officials researched the cause of the issues. As of this - [White House Outlines Draft Rules for Additional Loan Debt Relief](https://www.collegeaidservices.net/2024/04/17/white-house-outlines-draft-rules-for-additional-loan-debt-relief/) - President Biden has published the initial components of his second comprehensive student loan debt relief plan, which could benefit millions of Americans if enacted as proposed. This proposal addresses a number of issues that make the loan repayment process difficult for even the most diligent borrowers to navigate. Who will benefit from Biden's new plan? - [FAFSA Users Encounter Glitches Amid Rollout of Online Corrections](https://www.collegeaidservices.net/2024/04/16/fafsa-users-encounter-glitches-amid-rollout-of-online-corrections/) - Students can now make corrections to their 2024-25 FAFSA through the application's online portal. Unfortunately, users have reported four separate issues with making adjustments to their forms over the weekend and are waiting to see what solutions the federal government will provide to remedy them. What problems have FAFSA users encountered? Student assets are incorrectly - [FSA Outlines Enforcement Guidelines for New Gainful Employment Provisions](https://www.collegeaidservices.net/2024/04/16/fsa-outlines-enforcement-guidelines-for-new-gainful-employment-provisions/) - Two new Gainful Employment regulations that implement greater requirements for distant education courses and limit overall program length will take effect on July 1, 2024 for schools across the country. After raising concerns about these provisions, financial aid offices can now appeal federal enforcement on the grounds that they face "unique and time-specific" complications that - [New Cumulative Service Update for EDExpress Resolves Import, Printing Errors](https://www.collegeaidservices.net/2024/04/12/new-cumulative-service-update-for-edexpress-resolves-import-printing-errors/) - The latest software update for EDExpress, Release 1.0 contains fixes for previously reported issues and addresses more recent errors such as when the NSLDS Subsidized Limit Eligibility Used field is blank during ISIR importation. This service release also resolves a glitch that creates an "Invalid Query Table" message when printing ISIRs with an SSN file - [Guidance for 2024-25 Aid Awarding due to affected ISIRs](https://www.collegeaidservices.net/2024/04/11/guidance-for-2024-25-aid-awarding-due-to-affected-isirs/) - The Department has released additional guidance for 2024-25 Aid Awards using the ISIRs affected by errors. They reaffirmed the plan to retransmit all impacted ISIRs in the coming weeks. For the purposes of packaging and disbursing aid expeditiously, schools and states may, based on data provided by the Department, use their judgment to rely on - [2023–24 Verification Reporting Reminders](https://www.collegeaidservices.net/2024/04/12/2023-24-verification-reporting-reminders/) - The electronic announcement below provides important reminders about how institutions should process students who are selected for verification. FSA outlines when verification status codes (“W,” “V,” or “S”) are applicable. Read the full announcement below. POSTED DATE: April 12, 2024 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT ID: GRANTS-24-04 SUBJECT: 2023–24 Verification Reporting and Verification Status - [Details of the forthcoming school-specific FAFSA data file being sent; Webinar scheduled for April 12 for Q&A](https://www.collegeaidservices.net/2024/04/11/details-of-the-forthcoming-school-specific-fafsa-data-file-being-sent-webinar-scheduled-for-april-12-for-qa/) - FSA has released additional details on the school- or state-specific data file that will be delivered to Student Aid Internet Gateway (SAIG) mailboxes this week. The file will assist schools and states to identify additional FAFSA records for which they can package aid. The records will include a field value called the "SAI Impact Indicator," - [House Subcommittee: FAFSA Fail: Examining the Impacts on Students, Families, and Schools](https://www.collegeaidservices.net/2024/04/11/house-subcommittee-fafsa-fail-examining-the-impacts-on-students-families-and-schools/) - The Higher Education and Workforce Development Subcommittee convened on April 10th to discuss the numerous issues plaguing the 2024-25 FAFSA. The hearing was titled "FASFA Fail: Examining the Impact on Students, Families, and Schools." Representatives from both sides of the aisle used the hearing to ask questions about the problems with the form's rollout, what - [FSA Publishes the Latest on Federal Aid Management and Student Eligibility in the 2024-25 Federal Student Aid Handbook](https://www.collegeaidservices.net/2024/04/05/fsa-publishes-the-latest-on-federal-aid-management-and-student-eligibility-in-the-2024-25-federal-student-aid-handbook/) - Institutions now have access to the newest version of the 2024-2025 Federal Student Aid Handbook, which include changes to the volumes related to managing federal aid funding and student eligibility. The latest update includes the publication of Volume 4 (Processing Aid and Managing FSA Funds) , and several updates to Volume 1 (Student Eligibility). The - [Update on Tax Data Discrepancies, Temporary Solution & FAFSAs to be Reprocessed](https://www.collegeaidservices.net/2024/04/04/update-on-tax-discrepancies-temporary-solution-fafsas-to-be-reprocessed/) - The Department of Education has announced several important updates today regarding the inconsistent tax data affecting up to 20% of FAFSA applications for the upcoming 2024-25 academic year. In response to feedback from colleges, the Department announced that it will automatically reprocess all FAFSA records affected by the April 1 announcement. They will also reprocess records - [Resolution of Access Issues for Students who have Required Contributors without Social Security Numbers](https://www.collegeaidservices.net/2024/04/04/resolution-of-access-issues-for-students-who-have-required-contributors-without-social-security-numbers/) - In addition to today's announcement on the Department's plan to resolve the tax discrepancies issues, a resolution has been announced that addresses the access issues faced by students who have required contributors without a social security number. The Department has implemented a solution to resolve an error received by some applicants when they invited a - [Proprietary Institutions Receive eZ-Audit Updates, Guidance for Annual Compliance Report](https://www.collegeaidservices.net/2024/04/04/proprietary-institutions-receive-ez-audit-updates-guidance-for-annual-compliance-report/) - The Department of Education has made numerous changes to the eZ-Audit reporting system as part of the 90/10 regulatory changes that went into effect on July 1, 2023 for proprietary organizations; officials expect to finish the updates by June 30, 2024. These updated guidelines also apply to for-profit institutions who have "gone through or are - [Tax Data Issues Discovered on 2024-25 FAFSA; Webinar Scheduled for Wednesday, April 3 to Address Concerns](https://www.collegeaidservices.net/2024/04/02/tax-data-issues-discovered-on-2024-25-fafsa-webinar-scheduled-for-wednesday-april-3-to-address-concerns/) - The Department of Education announced on Friday that approximately 20% of 2024-25 FAFSA applications were affected by the transmission of inconsistent tax data provided on the Institutional Student Information Records (ISIRs). Yesterday, federal officials released a breakdown of the known issues and invited stakeholders to two webinars to discuss how they will address impacted applications moving - [FSA Launches "Fast News" Blog to Keep Administrators Informed on 2024-25 FAFSA](https://www.collegeaidservices.net/2024/04/01/fsa-launches-fast-news-blog-to-keep-administrators-informed-on-2024-25-fafsa/) - The Department of Education announced the creation of FAFSA Fast News: an online blog dedicated to connecting federal officials and financial aid professionals about all things related to the new FAFSA application. This forum is yet another resource that schools can utilize to stay up-to-date on the latest information as Rich Cordray, Chief Operating Officer of - [Financial Value Transparency and Gainful Employment Reporting Requirements Extended to October 1](https://www.collegeaidservices.net/2024/04/01/financial-value-transparency-and-gainful-employment-reporting-requirements-extended-to-october-1/) - Institutions will have until October 1, 2024 to provide all required reporting. The Department is providing institutions additional time to report such information by allowing institutions to submit the information that was previously due by July 31, 2024 to be submitted by no later than October 1, 2024. POSTED DATE: March 29, 2024 AUTHOR: Federal - [EDExpress, Release 1.0 Addresses ISIR and FTI Report Issues](https://www.collegeaidservices.net/2024/03/29/edexpress-release-1-0-addresses-isir-and-fti-report-issues/) - Financial Aid Offices can now download EDExpress for Windows 2024-25, Release 1.0: the latest software update to resolve issues with the program's importation and reporting functions. The patch also includes several updates to ensure that information imported from NSLDS is correctly displayed and the software's field values match their counterparts in the new ISIR record - [FY2024 Budget Allocates $2.14 Billion to the FWS and FSEOG Programs](https://www.collegeaidservices.net/2024/03/29/fy2024-budget-allocates-2-14-billion-to-the-fws-and-fseog-programs/) - As part of the Further Consolidated Appropriations Act, the Department of Education will allocate just over $2 billion to the Federal Work-Study and FSEOG programs for the 2024 fiscal year. The electronic announcement below details how each program's funding is determined, the requirements for returning funds from a previous year, and how offices can view - [2024-25 FAFSA Specifications Guide (March 2024 Update #3)](https://www.collegeaidservices.net/2024/03/06/2024-25-fafsa-specifications-guide-march-2024-update/) - Federal Student Aid has updated the draft 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. What changed? On March 8, 2024, FSA replaced the March 1 version of the system-generated ISIR file titled 2024–25 FPS Test ISIR Data System - [2024-25 Student Aid Index and Pell Grant Eligibility Guide (March 21 Update)](https://www.collegeaidservices.net/2024/03/22/2024-25-student-aid-index-and-pell-grant-eligibility-guide-march-21-update/) - FSA has published an update to its previous electronic announcement regarding changes to the Student Aid Index and Pell Grant Eligibility Guide for the upcoming academic year. The latest versions of both documents include renamed sections, new map input fields, additional tables, and clarifications to better define specific topics such as family size or EITC. - [2024 Virtual Training Conference Announced; Registration Opens This Fall](https://www.collegeaidservices.net/2024/03/23/2024-virtual-training-conference-announced-registration-opens-this-fall/) - The annual training forum for Financial Aid Professionals will be virtual once again to continue reaching a larger audience and is scheduled from December 3rd to the 6th. Federal Student Aid will release further details later this summer and participants can register for the conference in the fall. POSTED DATE: March 22, 2024 AUTHOR: Federal - [FSA Update on 2024-25 FAFSA Processing: 6 million ISIRs to be Transmitted by End of March](https://www.collegeaidservices.net/2024/03/26/fsa-update-on-2024-25-fafsa-processing-6-million-isirs-to-be-transmitted-by-end-of-march/) - As of March 25th, the Department of Education has transmitted over four million ISIRs to institutions around the country for the upcoming academic year and expects to process another two million FAFSA forms by the end of March. Students will be able to make updates and corrections to their FAFSA forms in the first half - [Deep Dive into Calculations: SAI and Pell Grant – Webinar (Recording)](https://www.collegeaidservices.net/2024/03/19/deep-dive-into-calculations-sai-and-pell-grant-webinar-recording/) - In this webinar we will be doing a deep dive into the calculations for both the FAFSA and the Pell Grant Calculations. Both these changes have caused a lot of changes for the Financial Aid Office, and there is much to discuss on these items. We will have examples for both and an opportunity for Q&A. - [Federal Government Passes FY2024 Budget, Pell Grant Maximum Maintained at $7,395](https://www.collegeaidservices.net/2024/03/25/federal-government-passes-fy2024-budget-pell-grant-maximum-maintained-at-7395/) - The U.S. Senate passed H.R. 2882 in the early Saturday morning after missing the deadline to fund three-quarters of the government before sending the bill to President Biden's desk. Now that the continuing resolution has been signed into law, the Department of Education will receive $79.1 billion for the 2024 fiscal year and sustains the - [Incorrect SAI calculated on some ISIRs received prior to March 21](https://www.collegeaidservices.net/2024/03/22/incorrect-sai-calculated-on-some-isirs-received-prior-to-march-21/) - The Department of Education has discovered an error in the FAFSA that generates an inaccurate SAI calculation for dependent students who reported assets on their application; students who did not report assets are not impacted. Institutions who received ISIRs prior to March 21 should follow the guidance below to ensure that their students receive an - [Congress Unveils $1.23 Trillion FY2024 Budget, Preserving Maximum Pell Grant Funding](https://www.collegeaidservices.net/2024/03/22/congress-unveils-1-23-trillion-fy2024-budget-preserving-maximum-pell-grant-funding/) - Earlier today, the House of Representatives has passed H.R. 2882: Congress' $1.23 trillion continuing resolution to fund the federal government through September and avert another shutdown at midnight. The spending package maintains the maximum Pell Grant award at $7,395 after weeks of negotiation and allocates a total $79.1 billion to the Department of Education for - [White House Raises Loan Forgiveness Total to $143.6 Billion With Latest Announcement](https://www.collegeaidservices.net/2024/03/21/white-house-raises-loan-forgiveness-total-to-143-6-billion-with-latest-announcement/) - The Department will notify thousands of public service workers that their student loans have been forgiven as the White House continues its overhaul of the Public Service Loan Forgiveness (PSLF). 380,000 additional borrowers will receive an email stating that their qualifying loans are "on track" to be forgiven in the next 24 months if they - [From SAI to EDconnect: What to Know as ISIR Rollout Begins](https://www.collegeaidservices.net/2024/03/15/from-sai-to-edconnect-what-you-need-to-know-as-isir-rollout-begins/) - Building off of their March 12th announcement, the Department of Education has released yet another round of FAFSA-related guidance as it begins to transmit ISIRs for the upcoming academic year. This electronic notice provides the following reminders for financial aid offices: Institutions can refer to the EDconnect 8.6.1 Plain Language Installation Guide to address issues - [FWS Community Service Program: Requirements and Waiver Requests](https://www.collegeaidservices.net/2024/03/18/fws-community-service-program-requirements-and-waiver-requests/) - Institutions are required to contribute at least 7% of their FWS funding toward the wages of students employed in community service jobs unless it successfully applies for a waiver request with the Department of Education. The electronic announcement below carefully defines the parameters for these waivers, provides instructions for online submission, and designates April 22, - [FAFSA Contributors Without A SSN Receive New Guidance, Workarounds for Remaining Issues](https://www.collegeaidservices.net/2024/03/14/fafsa-contributors-without-a-ssn-receive-new-guidance-workarounds-for-remaining-issues/) - Federal Student Aid has resolved several technical problems related to parents or contributors without a Social Security Number as part of its commitment to improving the 2024-25 FAFSA. However, users will still encounter at least two issues and should follow the Department's recommended workarounds until a permanent solution is announced. Resolved Issues: Contributors will no - [FAFSA Form and Submission Summary Issues Resolved, Partner Portal Now Live](https://www.collegeaidservices.net/2024/03/13/fafsa-form-and-submission-summary-issues-resolved-partner-portal-now-live/) - As a follow-up to its March 4th announcement, the Department has provided a number of updates regarding ISIR transmissions, FAFSA Submission Summaries, and how institutions can access information through the Partner Portal. Here are the main takeaways: A small subset of previously designated schools and state agencies received ISIR transmission over the weekend. These institutions - [SAIG Software, EDconnect 8.6.1 Updates are Now Available; Required for 2024-25 (March 11th Update)](https://www.collegeaidservices.net/2024/03/12/saig-software-edconnect-8-6-1-updates-are-now-available-required-for-2024-25-march-11th-update/) - On March 1st, the Department of Education released an updated version of Edconnect 8.6.1, which is available on the Knowledge Center’s “Software and Other Tools” website. The upgraded software is required to receive Institutional Student Information Records (ISIRs) in the new FTI-SAIG mailbox for the 2024–25 award year and beyond. What's changed? Important Update on - [EdExpress, Release 1.0 Brings Streamlined Interface to Window 2024-25](https://www.collegeaidservices.net/2024/03/07/edexpress-release-1-0-brings-streamlined-interface-to-windows-2024-25/) - Institutions can now download EdExpress for Windows 2024-25, Release 1.0, which includes a new interface so that users can quickly find information and entry fields adjustments in preparation for this year's ISIRs. The announcement below comes with detailed steps for installation, instructions for users to log into their accounts, and resources to troubleshoot onboarding issues. - [Stay Informed: Key Updates on 2024-2025 ISIR Transmission and Delivery](https://www.collegeaidservices.net/2024/03/05/stay-informed-key-updates-on-2024-2025-isir-transmission-and-delivery/) - Federal Student Aid has released an electronic announcement about ISIR delivery and support for institutions. Here are the main takeaways: Ensure your organization has completed necessary steps to prepare FTI-SAIG Mailbox for receiving 2024-25 ISIR Files. Updated SAIG software installation required to access ISIRs, explained in EA on 2/27/2024. FSA transmitted test file to active - [Congress Resets SAI Formula, Updated Edconnect and ISIR Test Data Released](https://www.collegeaidservices.net/2024/03/04/congress-resets-sai-formula-updated-edconnect-and-isir-test-data-released/) - Federal Student Aid has published several important changes regarding the 2024-2025 FAFSA. What changed? FSA has replaced the SAI formula that it released on February 27th with its previous iteration due to the passage of the Extension of Continuing Appropriations and Other Matters Act, 2024. The "2024–25 Test ISIR Data File" has been replaced by - [Volume Alert: Dive into the Latest on Student Aid and Pell Grant Eligibility](https://www.collegeaidservices.net/2024/03/01/volume-alert-dive-into-the-latest-on-student-aid-and-pell-grant-eligibility/) - Two volumes from the 2024-2025 Federal Student Aid Handbook regarding student eligibility for awards, parent borrowers, and Pell Grants are now publicly available. To access all nine volumes of the handbook or submit any questions that you may have, visit FSA's Knowledge Center as well as their Customer Support webpages. Specifically, Federal Student Aid published - [An additional $1.2 Billion in loans to be forgiven for 153,000 SAVE Plan borrowers](https://www.collegeaidservices.net/2024/02/26/department-of-education-forgives-1-2-billion-in-loans-for-153000-save-plan-borrowers/) - Last week, the White House unveiled another round of student loan debt relief that will impact over 150,000 Americans and brings the total amount forgiven to nearly $138 billion. This will primarily impact those who borrowed $12,000 or less as a student and made eligible payments for the past 10 years. Read the full press - [2024-25 Federal Pell Grant Maximum and Minimum Award Amounts](https://www.collegeaidservices.net/2024/01/31/2024-2025-federal-pell-grant-maximum-and-minimum-award-amounts/) - For the 2024-2025 academic year, the maximum Pell Grant award remains fixed at $7,395 and the minimum award amount for is $740. The award amounts could change pending action by Congress. - [SAIG Software, EDconnect 8.6.1 Updates are Now Available; Required for 2024-25](https://www.collegeaidservices.net/2024/02/28/saig-edconnect-8-6-1-updates-are-now-available/) - The Department of Education has released an updated version of Edconnect 8.6.1, which is now available on the Knowledge Center's "Software and Other Tools" website. The upgraded software is required to receive Institutional Student Information Records (ISIRs) in the new FTI-SAIG mailbox for the 2024–25 award year and beyond. POSTED DATE February 27, 2024 AUTHOR - [Department of Education Releases Updated 2023-24 ISIR Guide](https://www.collegeaidservices.net/2023/12/20/department-of-education-releases-updated-2023-2024-isir-guide/) - The 2023-24 ISIR Guide has been updated and is now available to administrators according to a FSA electronic announcement posted on December 19th. Revisions have been made to the Federal Loan Servicer Codes table and the Federal Loan Servicers table to add or remove multiple codes. You can view all of the revisions to the - [Department of Education: Inflation Adjustments Coming to 2024-25 FAFSA](https://www.collegeaidservices.net/2024/01/25/department-of-education-inflation-adjustments-coming-to-24-25-fafsa/) - Congress passed the FAFSA Simplification Act in 2020 to overhaul the application process for federal aid and expand students’ access to grant funding with a new analysis formula. Some of the largest changes include: the Student Aid Index, modifications to the family size definition, and reforming policies for the Federal Pell Grant. After years of - [Department Releases 2023-24 FSA Assessments and 2024-25 Application, Verification Guide](https://www.collegeaidservices.net/2024/01/09/department-releases-23-24-fsa-assessments-and-24-25-application-verification-guide/) - The Department of Education has made the 2024-25 Application and Verification Guide as well as the 2023-24 FSA Assessments resource available online. To obtain a digital copy of both documents, read the instructions below. On January 23rd at 2pm, College Aid Services hosted a webinar session on the 2024-2025 Verification process and how to resolve - [Department of Education Lays Out Next Steps for 2024-25 FAFSA, 100 More Test ISIRs to be released](https://www.collegeaidservices.net/2024/02/27/department-of-education-lays-out-next-steps-for-24-25-fafsa/) - As part of their ongoing Better FAFSA support strategy, the federal government has outlined what institutions can expect over the next several days in terms of implementation support. These resources include a technical update to the SAI formula, the release of 100 test ISIRs, open-source tool enhancements, and testing for FTI-SAIG mailbox connectivity. POSTED DATE: - [Department of Education Releases 2024-25 Test ISIRs, Integration Tools](https://www.collegeaidservices.net/2024/02/16/department-of-education-releases-24-25-test-isirs-integration-tools/) - Test ISIRs for the 2024-25 FAFSA are now available to financial aid offices and software vendors along with open-source tools to help users integrate this new data into their operating systems. While this is a step in the right direction, institutions will not officially receive ISIR files until "the first half of March" as the - [Secretary of Education Announces Progress for 2024-25 FAFSA Support](https://www.collegeaidservices.net/2024/02/27/secretary-of-education-announces-progress-for-24-25-fafsa-support/) - Today, the Department of Education reiterated their commitment to supporting institutions as they transition to the 2024-25 FAFSA and address various issues along the way. Secretary of Education Miguel Cardona assured that their technical improvements "will not impact our implementation timelines, and, combined with other implementation efforts, the Department’s Better FAFSA will result in more - [Guidelines for Applying for Title IV Eligibility for Direct Assessment (Competency-Based) Programs](https://www.collegeaidservices.net/2024/02/15/guidelines-for-applying-for-title-iv-eligibility-for-direct-assessment-programs/) - In a Dear Colleague letter, the Department of Education provided the requirements for institutions who want to receive Title IV aid for direct assessment programs. The letter contains a detailed overview of the guidelines, recent changes to application process, and where administrators can find additional resources if they have questions or concerns. Read the full - [C-Flags and Comment Codes: What’s New and What’s Not? - Webinar (Recording)](https://www.collegeaidservices.net/2024/02/20/c-flags-and-comment-codes-whats-new-and-whats-not-webinar-recording/) - Join us as we dive into all the changes to the C-Flags and Comment Codes for 2024-25, as well as provide a refresher course on all the items we already know and love. We will look at examples of changes, discuss different types of documentation to collect, cite some practical examples, and have an opportunity for Q&A. - [FSA advises FAFSA applicants to "Check Your Form's Status in the First Half of March"](https://www.collegeaidservices.net/2024/02/22/fsa-advises-fafsa-applicants-to-check-your-forms-status-in-the-first-half-of-march/) - Federal Student Aid has started to email FAFSA applicants to advise them to check their form's status in "the first half of March." The communication failed short of providing any new information or an exact date. However, this is part of the Department's efforts to inform students about when they can expect to receive information - [2024-25 FAFSA Specifications Guide (February 2024 Update)](https://www.collegeaidservices.net/2024/02/20/2024-25-fafsa-specifications-guide-february-2024-update/) - Federal Student Aid has updated the draft 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. What changed? Volume 4 – Record Layouts and Processing Codes and the 2024–25 Final ISIR Record Layout in Excel Format; these are now final. - [FSA Guide to Closeout 2022-23 Direct Loan Program](https://www.collegeaidservices.net/2024/02/15/fsa-guide-to-closeout-2022-23-direct-loan-program/) - The Department of Education has provided important reminders and resources for financial aid offices to ensure that their 22-23 Direct Loan data is submitted by the July 31st deadline. The guide includes best practices for reconciliation, details of how Direct Loan data impacts a school's standing, and options for institutions to seek relief if they - [Democratic lawmakers request information about FAFSA rollout from Department of Education](https://www.collegeaidservices.net/2024/02/14/democratic-lawmakers-request-information-about-fafsa-rollout-from-department-of-education/) - On Monday, Senator Bernie Sanders, Representative Bobby Scott and 106 Democratic lawmakers wrote a letter to Secretary of Education requesting additional information about how the Department of Education will support colleges and families as they implement the 24-25 FAFSA. Specifically, the letter requests that the Department of Education address the following issues: On what date - [U.S. Department of Education Announces Latest Steps to Support Schools and Students with Better FAFSA](https://www.collegeaidservices.net/2024/02/13/u-s-department-of-education-announces-latest-steps-to-support-schools-and-students-with-better-fafsa/) - The Department has announced steps to help colleges process 2024-2025 student records faster and more efficiently. The goal is to ensure students can access the maximum financial aid possible and bring college in reach for more Americans. Significantly reducing Verification requirements with DDX being implemented, the Department reviews the vast majority of income data directly - [Reminder: Federal Pell Grant Program Reconciliation](https://www.collegeaidservices.net/2024/02/09/reminder-federal-pell-grant-program-reconciliation/) - FSA has released additional guidance for when and how financial aid offices should reconcile their institution's federal Pell Grant funding each year; including the the process for internal as well as external reconciliations. The full announcement also contains instructions for data submission, funding cancellation, and answers to 13 commonly asked questions related to Pell reconciliation - [FAFSA Guidance for Applicants Under Age 13](https://www.collegeaidservices.net/2024/02/08/fafsa-guidance-for-applicants-under-age-13/) - Federal Student Aid (FSA) has released updated guidelines for how the FAFSA should be processed for underaged applicants who wish to apply for financial aid. While these may not be a common occurrence in a given academic year, it is important that such applications are still processed in compliance with federal regulations and completed in - [Updates to the 2024-25 Application and Verification Guide](https://www.collegeaidservices.net/2024/02/07/updates-to-the-2024-25-application-and-verification-guide/) - FSA has revised several sections of the 24-25 Application and Verification guide to provide the most up-to-date information for the upcoming academic year. These changes primarily focus on references to the SAI Formula Guide, how to report a qualified education benefit or savings account, and clarifying what verification documents are needed for non-tax filers. POSTED - [Secretary Cardona Pledges Additional FAFSA Support for Colleges](https://www.collegeaidservices.net/2024/02/06/secretary-cardona-pledges-additional-fafsa-support-for-colleges/) - At the 2024 NASFAA Leadership & Legislative Conference on Monday, Secretary Cardona announced that the Department of Education will provide additional FAFSA support to colleges, referenced as the “FAFSA College Support Strategy.” These measures include additional funding for technical support, federal employees to provide logistical support, and other tools to help institutions process aid packages - [Launch A Successful Financial Aid Awareness Month At Your Institution](https://www.collegeaidservices.net/2024/02/01/launch-a-successful-financial-aid-awareness-month-at-your-institution/) - Happy Financial Aid Awareness Month! Every February we recognize the crucial role that financial aid offices play in higher education and reaffirm our commitment to improving college accessibility. While student outreach can be difficult at times, part of our responsibility is finding ways to connect them with the information that they need to navigate the - [2024-25 FAFSA Student Aid Index Update and Timeline; ISIRs now coming the first half of March](https://www.collegeaidservices.net/2024/01/30/2024-25-fafsa-student-aid-index-update-and-timeline-isirs-now-coming-the-first-half-of-march/) - Today, the U.S. Department of Education announced that more than 3.1 million FAFSA applications have been successfully submitted and that they have updated the supporting tables used in the Student Aid Index (SAI) calculation to account for inflation. An additional $1.8 billion in federal aid was at stake if the tables were not adjusted. Unfortunately - [2024-25 Verification Webinar (Recording)](https://www.collegeaidservices.net/2024/01/23/2024-25-verification-webinar-recording/) - In this in-depth session, we will be discussing the updates to Verification for 2024-25 and looking at resolving conflicting information as well. - [Home Sweet Office: Best Practices for Remote Work](https://www.collegeaidservices.net/2024/01/29/home-sweet-office-best-practices-for-remote-work/) - The shift to remote work since the COVID-19 pandemic has created new opportunities for financial aid consultants to develop a stronger balance between their professional and personal responsibilities. For many, not having to commute to a physical office every day provides additional time to prepare for the challenges ahead in the workday. While we can - [White House Approves Nearly $5 Billion in Student Debt Relief](https://www.collegeaidservices.net/2024/01/26/white-house-approves-nearly-5-billion-in-student-debt-relief/) - Secretary of Education Miguel Cardona confirmed that nearly 74,000 more borrowers will receive debt relief as part of the administration's commitment to fixing the student loan system. This announcement specifically focuses on borrowers within four different categories and encourage others to enroll in the SAVE plan as well. For more information, click here. PRESS RELEASE - [Biden-Harris Administration Announces Nearly $5 Billion in Additional Student Debt Relief](https://www.collegeaidservices.net/2023/12/07/biden-harris-administration-announces-nearly-5-billion-in-additional-student-debt-relief/) - The White House approved another round of student loan debt relief for 80,300 borrowers after enacting significant changes to the income-driven repayment (IDR) forgiveness and Public Service Loan Forgiveness (PSLF) programs. Read the U.S. Department of Education's full announcement below. PRESS RELEASE | DECEMBER 6, 2023 Contact: Press Office, (202) 401-1576, press@ed.gov Biden-Harris Administration Announces - [U.S. Department of Education Releases Data Highlighting How 1.5 Million More Students Will Benefit from the Redesigned FAFSA® Form](https://www.collegeaidservices.net/2023/11/16/u-s-department-of-education-releases-data-highlighting-how-1-5-million-more-students-will-benefit-from-the-redesigned-fafsa-form/) - The U.S. Department of Education (Department) today released new state-by-state data and details showing that the simplified, streamlined, and redesigned 2024–25 Free Application for Federal Student Aid (FAFSA) form will help 610,000 new students from low-income backgrounds receive Federal Pell Grants. For more information, click here. PRESS RELEASE | NOVEMBER 15, 2023 Contact: Press Office, - [Press Release: Secretary Cardona Lays Out Vision for Education in America](https://www.collegeaidservices.net/2022/01/28/press-release-secretary-cardona-lays-out-vision-for-education-in-america/) - Secretary Cardona laid out his vision for continued recovery through the pandemic & priorities for broader investments to ensure students can succeed and thrive. - [Lawmakers petition the Government Accountability Office to investigate the Department of Education's FAFSA rollout](https://www.collegeaidservices.net/2024/01/26/lawmakers-petition-the-government-accountability-office-to-investigate-the-department-of-educations-fafsa-rollout/) - On Wednesday, Louisiana Senator Bill Cassidy and North Carolina Representative Virginia Foxx, wrote a letter to the United States Government Accountability Office (GOA) requesting they investigate the Department of Education's FAFSA rollout. The letter was signed by 26 additional Republican lawmakers. Specifically the letter requested the GOA investigate the following issues: To what extent, if - [Institutions Must Apply for Title III and Title V Designation, Waiver by 2/27](https://www.collegeaidservices.net/2024/01/24/institutions-must-apply-for-title-iii-and-title-v-designation-waiver-by-2-27/) - The Department of Education offers guidance for institutions to apply for Title III and Title V designations by the deadline on February 27, 2024. In addition, they provide more details about the process for waiving the Non-Federal Share Requirement for Federal Work-Study and the FSEOG programs. POSTED DATE: January 22, 2024 AUTHOR: Federal Student Aid - [FSA Announces Winter-Spring 2024 Webinar Series](https://www.collegeaidservices.net/2023/12/15/fsa-announces-winter-spring-2024-webinar-series/) - Federal Student Aid has announced an additional set of webinars in their Wednesday Webinar Series, a series of live webinars which cover a variety of topics related to the Title IV programs. The webinars provide the most recent guidance from the U.S. Department of Education and the office of Federal Student Aid, including statutory and - [Breaking: FAFSA Now Available 24/7](https://www.collegeaidservices.net/2024/01/10/breaking-fafsa-now-available-24-7/) - FSA announces that the 24-25 FAFSA will no longer be limited to specific time frames and families can access the form regularly as in previous years. Over one million applications have already been processed over the last few weeks since the FAFSA's release and the Department encourages families to continue doing so. To access the - [2024–25 FAFSA Submission Summary Mock-Ups](https://www.collegeaidservices.net/2024/01/09/2024-25-fafsa-submission-summary-mock-ups/) - The English and Spanish FAFSA Submission Summary are now available online as a training resource for financial aid professionals. To access the documents, click the PDF links at the bottom of the FSA press release below. POSTED DATE: January 05, 2024 SUBJECT: 2024–25 FAFSA Submission Summary Mock-Ups Mock-ups of the final versions of the 2024–25 - [2024-25 FAFSA Launches (With Some Glitches)](https://www.collegeaidservices.net/2024/01/05/2024-25-fafsa-launches-with-some-glitches/) - The long-awaited 2024-2025 Free Application for Federal Student Aid (FAFSA) is available through the Department of Education’s website as of December 30th. It is important to remember that the Department is releasing the updated form as a soft launch, and it will only be available for limited intervals to allow for troubleshooting or improvements. The - [FSA Partner Connect, E-App & TPS: Reminders and Initial Next Steps](https://www.collegeaidservices.net/2023/12/29/fsa-partner-connect-e-app-tps-reminders-and-initial-next-steps/) - With the December 18th deadline now passed, FSA has provided a updated breakdown of the expanded features on its digital platforms for anyone who wants a detailed refresher. Read the full announcement of what to expect below. POSTED DATE: December 21, 2023 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT ID: GENERAL-23-120 SUBJECT: FSA Partner Connect – - [FSA Reminds Institutions of Annual Audit Requirements](https://www.collegeaidservices.net/2023/12/28/fsa-reminds-institutions-of-annual-audit-requirements/) - The Department of Education reiterates that institutions must have certain calculations evaluated and approved by an independent auditor to maintain their eligibility for Title IV aid. Read the complete FSA announcement below. POSTED DATE: December 21, 2023 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT ID: GENERAL-23-121 SUBJECT: Requirement for Institutions to Have Certain Calculations Related to - [How to Report Income and Tax Information for U.S. Territory Residents](https://www.collegeaidservices.net/2023/12/21/how-to-report-income-and-tax-information-for-u-s-territory-residents/) - For financial aid applicants who reside in U.S. territories, FSA has released additional guidance about how to properly report income and tax information on the FAFSA for the 2024-2025 academic year. Review the helpful information below to learn more. POSTED DATE: December 19, 2023 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT ID: GENERAL-23-118 SUBJECT: Puerto Rico - [Updated 2023-2024 SAR Comment Codes and Text Guide Now Available](https://www.collegeaidservices.net/2023/12/20/2023-2024-sar-comment-codes-and-text-guide-now-available/) - The Department of Education has released an updated 2023-2024 SAR Comment Codes and Text reference guide. New Comment Codes related to new Federal Loan Servicer codes assigned to defaulted student loans have been added. A PDF of the 150 page document is now available to everyone and is linked at the end of this article. - [2024–25 FAFSA Specifications Guide (December 2023 Update #2)](https://www.collegeaidservices.net/2023/12/15/2024-25-fafsa-specifications-guide-december-2023-update-2/) - Federal Student Aid has updated the draft 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. What changed? Volume 2 – FPS Schedule and Getting Help, Volume 3 – Electronic Data Exchange and FAFSA Processing, and Volume 6 – ISIR - [Institutions Must Maintain Appropriate Compliance Management Systems and Policies](https://www.collegeaidservices.net/2023/12/13/institutions-must-maintain-appropriate-compliance-management-systems-and-policies/) - Effective institutional compliance with Title IV regulations is the first line of defense in protecting students and the integrity of federal student aid programs. FSA issued the following Bulletin reminding institutions of their obligation to establish and maintain appropriate compliance management systems and policies as part of the responsibilities required under their Program Participation Agreement (PPA) and to foster an overall culture of compliance to prevent violations and minimize harm to students and taxpayers. - [2024–25 FAFSA Soft Launch Details and Timelines](https://www.collegeaidservices.net/2023/12/15/2024-25-fafsa-soft-launch-details-and-timelines/) - The Department of Education has announced that they will be treating the period leading up to and following Dec. 31 as a soft launch period of the 2024-25 FAFSA. The "soft launch period" will allow the Department to monitor and respond to any potential issues impacting the applicant experience. The electronic announcement (GENERAL-23-115) listed below - [Access Removed for Unconfirmed TG Numbers (SAIG Mailboxes) and Electronic Services User Accounts](https://www.collegeaidservices.net/2023/12/15/access-removed-for-unconfirmed-tg-numbers-saig-mailboxes-and-electronic-services-user-accounts/) - Federal Student Aid has now removed access to enrolled services for accounts that have not been actively confirmed. To restore access to these accounts your organization’s Primary Destination Point Administrator (Primary DPA) must perform the account validation process. - [Incomplete FAFSA Applications to Be Deleted After 45 Days](https://www.collegeaidservices.net/2023/12/08/incomplete-fafsa-applications-to-be-deleted-after-45-days/) - The Department of Education reaffirms that students can no longer access incomplete FAFSA applications indefinitely. It is important that you remind students of this change which starts in the 24-25 academic year. What is the policy? The policy states that FAFSA applications will be deleted if they are marked as incomplete after 45 days of - [Senators Express Concerns Over FAFSA Delays to Secretary of Education](https://www.collegeaidservices.net/2023/12/13/senators-express-concerns-over-fafsa-delays-to-secretary-of-education/) - On December 11th, 37 senators urged the Department of Education to provide higher education stakeholders with additional support as the new FAFSA release date draws near. Senators Elizabeth Warren (D), Chuck Grassley (R), Joe Manchin (D), Joni Ernst (R), and 34 of their colleagues all signed a letter addressed to Secretary Cardona about their concerns - [Virtual Federal Student Aid Training Conference - Platform Now Open](https://www.collegeaidservices.net/2023/11/21/virtual-federal-student-aid-training-conference-platform-now-open/) - The Federal Student Aid Training Conference for financial aid professionals will feature keynote addresses from U.S. Department of Education leadership, five general sessions, 23 breakout sessions (covering the latest in financial aid policy and operational updates), and nine Virtual Exhibit Hall stations. The virtual event platform is now open. Don't miss this essential training occurring - [2024–25 FAFSA Specifications Guide (December 2023 Update #1)](https://www.collegeaidservices.net/2023/12/08/2024-25-fafsa-specifications-guide-december-2023-update-1/) - Federal Student Aid has updated the draft 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. What changed? Volume 7 – Comment Codes, Volume 8 – Agency Matches, and Volume 9 – Testing and Web Demo System; these are now - [College Aid Services Reaffirms Commitment to Data Security with Renewed SOC 2® Type 2 Certification](https://www.collegeaidservices.net/2023/12/07/college-aid-services-reaffirms-commitment-to-data-security-with-renewed-soc-2-type-2-certification/) - SOC 2 Type 2 compliance highlights the company's commitment to the industry’s highest standards for safeguarding data. - [Shaping Success: Cultivating Professional Development in Financial Aid](https://www.collegeaidservices.net/2023/12/06/shaping-success-cultivating-professional-development-in-financial-aid/) - In the landscape of financial aid administration, staffing challenges have persistently taken center stage, echoing across industry publications for the past five years. A critical aspect often overshadowed in these discussions is the pressing need to cultivate the next generation of financial aid leaders, fostering a cadre equipped not only with technical proficiency but also - [How to Report Federal Work-Study Earnings to COD](https://www.collegeaidservices.net/2023/12/06/how-to-report-federal-work-study-earnings-to-cod/) - Need a refresher on how to submit Federal Work-Study earnings to the Department of Education? If so, review FSA's informational reminder below about how to report your institution's FWS earnings report to the federal government. FWS earnings for the 2022 calendar year are due by the end of December 2023. POSTED DATE: December 04, 2023 - [Department of Education Addresses Issues with EdConnect 8.6.0](https://www.collegeaidservices.net/2023/12/06/ed-addresses-issues-with-edconnect-8-6-0/) - If you are experiencing with the EdConnect 8.6.0 software, you are not alone. The Department of Education has issued a statement regarding two specific issues with the platform after users upgraded their systems. Read the information below to learn more. POSTED DATE: December 04, 2023 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT ID: GENERAL-23-109 SUBJECT: SAIG - [2024–25 FAFSA Specifications Guide (November 2023 Update)](https://www.collegeaidservices.net/2023/11/28/2024-25-fafsa-specifications-guide-november-2023-update/) - Federal Student Aid has updated the draft 2024–25 FAFSA Specifications Guide. Volume 5 – Edits and Rejects, and it is now final. FSA has also posted the standalone final ISIR record layout in Excel format. - [Confirm TG Numbers and Electronic Services by December 7th to Maintain Access to Federal Student Aid Systems](https://www.collegeaidservices.net/2023/11/15/confirm-tg-numbers-and-electronic-services-by-december-7th-to-maintain-access-to-federal-student-aid-systems/) - As a reminder, every organization enrolled for a Student Aid Internet Gateway (SAIG) account is required to review and validate its assigned TG numbers and Electronic Services user accounts by Dec. 7, 2023. As of November 14, approximately 56 percent of accounts still require validation. POSTED DATE: November 14, 2023 AUTHOR: Federal Student Aid ELECTRONIC - [Reminder: Title IV Aid: Disbursement Reporting, Excess Cash, and Reconciliation Requirements](https://www.collegeaidservices.net/2023/11/21/reminder-title-iv-aid-disbursement-reporting-excess-cash-and-reconciliation-requirements/) - FSA has published a reminder of the general disbursement reporting, excess cash, and reconciliation requirements for all Title IV programs. POSTED DATE: November 21, 2023 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT: ID GENERAL-23-104 SUBJECT: Title IV Aid Disbursement Reporting, Excess Cash, and Reconciliation Requirements In this announcement, we remind schools of the general disbursement reporting, - [G-6 System Outage Planned Dec. 1-4, 2023 - Impact on Federal Student Aid Processing](https://www.collegeaidservices.net/2023/11/14/g-6-system-outage-planned-dec-1-4-2023-impact-on-federal-student-aid-processing/) - On Dec. 1–4, 2023, the U.S. Department of Education (the Department) will perform extended system maintenance to its G6 Grants Management System (G6). POSTED DATE: November 13, 2023 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT: ID GENERAL-23-98 SUBJECT: OUTAGE ALERT—G6 System Outage Dec. 1–4, 2023 – Impact to Federal Student Aid Processing and on Funds Availability - [Biden-Harris Administration Announces Framework for Student Loan Servicer Accountability To Protect Borrowers Nationwide](https://www.collegeaidservices.net/2023/11/10/biden-harris-administration-announces-framework-for-student-loan-servicer-accountability-to-protect-borrowers-nationwide/) - To further the goal of protecting borrowers nationwide, the Biden-Harris Administration is taking steps to hold student loan servicers accountable for meeting their obligations to students, borrowers, and taxpayers when managing student loans. PRESS RELEASE | NOVEMBER 9, 2023 Contact: Press Office, (202) 401-1576, press@ed.gov Biden-Harris Administration Announces Framework for Student Loan Servicer Accountability To - [The U.S. Department of Education Announces New Tools to Tackle Antisemitism, Islamophobia, and Related Forms of Discrimination and Bias](https://www.collegeaidservices.net/2023/11/15/the-u-s-department-of-education-announces-new-tools-to-tackle-antisemitism-islamophobia-and-related-forms-of-discrimination-and-bias/) - President Biden announced the historic U.S. National Strategy to Counter Antisemitism earlier this year as part of the most comprehensive and ambitious U.S. government effort to counter antisemitism in American history. Building upon these commitments, the U.S. Department of Education is announcing new resources aimed at ensuring schools and college campuses have the tools they - [Biden-Harris Administration Convenes Higher Education Leaders to Improve Student Transfer to Increase Completion of College Degrees](https://www.collegeaidservices.net/2023/11/10/biden-harris-administration-convenes-higher-education-leaders-to-improve-student-transfer-to-increase-completion-of-college-degrees/) - The U.S. Department of Education hosted a summit yesterday at Northern Virginia Community College (NOVA) in Annadale, Virginia with 200 higher education leaders as part of its Raise the Bar: Attaining College Excellence and Equity initiative to discuss making it easier for students to transfer from one college to another. Press Release | November 9, - [Webinar: FAFSA Application Update – Goodbye EFC and Hello SAI (Recording)](https://www.collegeaidservices.net/2023/11/07/webinar-fafsa-application-update-goodbye-efc-and-hello-sai-recording/) - Financial aid administrators are invited to join us as we explore the upcoming changes in the 2024-25 Application Processing Cycle. Our presenters will provide the latest updates for the 2024-25 FAFSA and guide you through the FAFSA Prototype. Stay ahead of the curve and be ready for the upcoming changes. - [Department of Education Reminds Schools of Their Legal Obligation to Address Discrimination, Including Harassment](https://www.collegeaidservices.net/2023/11/08/department-of-education-reminds-schools-of-their-legal-obligation-to-address-discrimination-including-harassment/) - The U.S. Department of Education’s (Department) Office for Civil Rights (OCR) released a new Dear Colleague Letter reminding schools of their legal obligations under Title VI of the Civil Rights Act of 1964 (Title VI) to provide all students, including students who are or are perceived to be Jewish, Israeli, Muslim, Arab, or Palestinian, a - [U.S. Department of Education Announces Release Date of New FAFSA](https://www.collegeaidservices.net/2023/11/16/u-s-department-of-education-announces-release-date-of-new-fafsa/) - The U.S. Department of Education has released new details on the redesigned and streamlined Free Application for Federal Student Aid (FAFSA®) form. The new FAFSA will make it easier than ever for students to get financial aid for college and help 610,000 more students from low-income backgrounds receive Pell Grants. Students and families will be - [Updated EDconnect & TDClient software now available](https://www.collegeaidservices.net/2023/11/09/updated-edconnect-tdclient-software-now-available/) - Upgraded Student Aid Internet Gateway (SAIG) software is required for the transmission of federal tax information (FTI) for the 2024–25 award year and beyond. New versions of EDconnect 8.6.0 and TDClient are now available on the Software and Other Tools page of the Federal Student Aid Knowledge Center website, along with an accompanying user guide - [Biden-Harris Administration Announces Nearly 5.5 Million Borrowers Are Enrolled in the SAVE Plan](https://www.collegeaidservices.net/2023/11/09/biden-harris-administration-announces-nearly-5-5-million-borrowers-are-enrolled-in-the-save-plan/) - SAVE plan data shows 2.9 million borrowers have $0 payments, enrollees are in every congressional district - [Guidance for Institutions Impacted by National Emergencies in Foreign Countries](https://www.collegeaidservices.net/2023/11/09/guidance-for-institutions-impacted-by-national-emergencies-in-foreign-countries/) - Due to the recent unrest in the world, the Department of Education has published guidance for institutions that have satellite programs in countries that are affected by national emergencies. The guidance is posted below and a full FAQ section is available here. POSTED DATE: November 06, 2023 AUTHOR: Office of Postsecondary Education ELECTRONIC ANNOUNCEMENT ID: - [Better FAFSA Better Future Webinar Series - New Webinar Added for Nov. 2, 2023](https://www.collegeaidservices.net/2023/10/23/better-fafsa-better-future-webinar-series-new-webinar-added-for-nov-2-2023/) - An additional webinar has been added for November 2, 2023 to the Better FAFSA Better Future Webinar Series. The new webinar is "StudentAid.gov Account Creation Process for Users Without an SSN." The description is listed as: Starting in the 2024–25 award year, each student and contributor must create their own StudentAid.gov account to complete the - [Regulations Governing the Recognition of Accrediting Agencies, Institutional Eligibility, and Arbitration](https://www.collegeaidservices.net/2023/11/06/regulations-governing-the-recognition-of-accrediting-agencies-institutional-eligibility-and-arbitration/) - This letter provides guidance on 34 C.F.R. §§ 600.4(c), 600.5(d), 600.6(d), and 602.20(e), which require that adverse actions taken by accrediting agencies are subject to initial arbitration. The purpose of this letter is to reiterate the statutory and regulatory requirements and clarify that all recognized institutional accrediting agencies should establish a policy on arbitration. - [Webinar: 2024-25 FAFSA Simplification Overview (Recording)](https://www.collegeaidservices.net/2023/10/24/webinar-2024-25-fafsa-simplification-overview-recording/) - Are you ready for 2024-25? Join College Aid Services for the first of series of webinars as we prepare for the 2024-25 FAFSA. This initial webinar comprise a high-level overview of the changes coming in 2024-25. - [2024-2025 College Financing Plan Tool Now Available](https://www.collegeaidservices.net/2023/11/05/2024-2025-college-financing-plan-tool-now-available/) - The 2024-2025 College Financing Plan on the Office of Postsecondary Education’s website. The College Financing Plan is a consumer tool that participating institutions use to notify students about their financial aid package. It is a standardized form that is designed to simplify the information that prospective students receive about costs and financial aid so that - [2023-2024 Federal Student Aid Handbook Update: Volume 2 – School Eligibility and Operations](https://www.collegeaidservices.net/2023/10/27/2023-2024-federal-student-aid-handbook-update-volume-2-school-eligibility-and-operations/) - On Wednesday, the Department of Education announced the availability of Volume 2 – School Eligibility and Operations of the 2023-2024 Federal Student Aid Handbook. The Federal Student Aid Handbook consists of the Application and Verification Guide, nine numbered volumes, and appendices. It is posted digitally and as a print-ready PDF on Federal Student Aid’s Knowledge Center. Access the handbook here. - [Biden-Harris Administration Releases Final Rules that Strengthen Accountability for Colleges and Consumer Protection for Students](https://www.collegeaidservices.net/2023/10/24/biden-harris-administration-releases-final-rules-that-strengthen-accountability-for-colleges-and-consumer-protection-for-students/) - New actions answer President Biden’s call to hold colleges accountable and protect students from unaffordable college debt - [Updated SAIG Enrollment Agreement Now Available – Required to Receive 2024–25 ISIRs](https://www.collegeaidservices.net/2023/10/24/updated-saig-enrollment-agreement-now-available-required-to-receive-2024-25-isirs/) - The updated Student Aid Internet Gateway (SAIG) enrollment agreement is now available on the SAIG Enrollment website. All eligible organizations are strongly encouraged to submit the signed agreement as soon as possible to ensure it is processed prior to the launch of the 2024–25 FAFSA® form and the organization’s new FTI-SAIG mailbox is ready to - [Updates to FSA Partner Connect Postponed to December](https://www.collegeaidservices.net/2023/10/23/updates-to-fsa-partner-connect-postponed-to-december/) - The new FSA Partner Connect features that were planned for September 2023 have been postponed until December 2023. - [2024–25 FAFSA Specifications Guide (October 2023 Update)](https://www.collegeaidservices.net/2023/10/12/2024-25-fafsa-specifications-guide-october-2023-update/) - Federal Student Aid has updated the draft 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. What changed? FSA updated Volume 4 – Record Layouts and Processing Codes and updated the standalone draft ISIR record layout in Excel format. The - [Webinar: Student Eligibility: It’s more than just C-flags! (Recording)](https://www.collegeaidservices.net/2021/11/16/webinar-student-eligibility-its-more-than-just-c-flags-recording/) - This webinar will provide an in-depth look at student eligibility requirements for federal student aid. We will examine school-determined requirements and all facets of student eligibility to include, but are not limited to, citizenship, NSLDS financial aid history, and Social Security. Whether you are new, mid-level, or senior-level in the financial aid profession, this session will develop or renew your skills in student eligibility determinations. In addition, we will cover any recent regulatory updates from the Department of Education. - [Webinar: 2020-2021 Verification (Recording)](https://www.collegeaidservices.net/2020/03/19/2020-2021-verification-webinar/) - Are you ready for verification for 2020-2021? Check out what’s new, what’s not, and what’s next in this training webinar. - [Webinar: Exercising Professional Judgment (PJ) Webinar (Recording)](https://www.collegeaidservices.net/2020/03/29/webinar-exercising-professional-judgment/) - Attendees will leave the webinar with the resources necessary to empower them to exercise PJ. - [Webinar: Cost of Attendance (Recording)](https://www.collegeaidservices.net/2020/05/13/cost-of-attendance-webinar-recording/) - Attendees will leave the webinar with an understanding of COA and how it impacts determining student’s eligibility for aid. - [Webinar: Satisfactory Academic Progress (SAP) (Recording)](https://www.collegeaidservices.net/2020/06/26/satisfactory-academic-progress-sap-webinar-recording/) - Attendees will leave the webinar with an understanding of SAP - [Webinar: 2021-22 FAFSA Application Process Update (Recording)](https://www.collegeaidservices.net/2020/09/16/2021-22-fafsa-application-process-update-recording/) - This is a great opportunity for financial aid administrators to see what’s ahead with the 2021-22 Application Processing Cycle. - [Webinar: Managing Return of Title IV (R2T4) (Recording)](https://www.collegeaidservices.net/2021/02/17/managing-return-of-title-iv-r2t4-recording/) - Managing Return of Title IV (R2T4) Managing Return of Title IV (R2T4)Broadcast date: Tuesday, February 16, 2021 This webinar is intended for the novice and as a refresher for the experienced. We will review the R2T4 process, to include but limited to: key concepts, requirements, definitions and calculations. We will also share the tools and resources - [Webinar: A Deep Dive Into R2T4: Non-Standard Terms and Clock Hours (Recording)](https://www.collegeaidservices.net/2021/04/30/webinar-a-deep-dive-into-r2t4-non-standard-terms-and-clock-hours-recording/) - Upon review of the most recent webinar surveys, our attendees requested R2T4 training to include non-standard or clock hours. You asked for it, you got it! This webinar will review the R2T4 requirements and calculations specific to non-standard terms. We will also share resources available to monitor regulations and guidance from ED. - [Webinar: 2022-2023 FAFSA Updates (Recording)](https://www.collegeaidservices.net/2021/09/23/webinar-2022-2023-fafsa-updates-recording/) - This is a great opportunity for financial aid administrators to see what’s ahead with the 2022-23 Application Processing Cycle. Our presenter will provide the updates for the 2022-23 FAFSA. - [Webinar: What's in Your FAA Resource Toolkit? (Recording)](https://www.collegeaidservices.net/2021/11/04/webinar-whats-in-your-faa-resource-toolkit-recording/) - As FAAs, we must rely on many resources to manage financial aid and complete our job responsibilities. There are resources that we may use often and others that we do not use as frequent. This webinar will examine resources worthy of building your own FAA resource toolkit. Then, once you build your toolkit, you will have the resources readily available when you need them! - [Webinar: Back to Verification, as we know it? 2022-23 Verification (Recording)](https://www.collegeaidservices.net/2022/03/08/webinar-back-to-verification-as-we-know-it-2022-23-verification/) - It is time to turn the clock back and return to verification as we know it. The verification waiver will no longer be in effect in 2022-23. This session is a verification refresher to turn back the clock and go back to managing the verification process to meet federal requirements. Are you ready? - [Webinar: Implementing the Verification Waiver & Resolving Conflicting Information (Recording)](https://www.collegeaidservices.net/2022/06/20/webinar-implementing-the-verification-waiver-resolving-conflicting-information/) - This webinar is for all Financial Aid Administrators who need to acquire or develop their verification skills. ED recently announced an extension of the verification waiver to 2022-23. We will review the guidance and discuss strategies to implement the waiver. - [Webinar: Let’s Exercise Professional Judgment (PJ) | (Recording)](https://www.collegeaidservices.net/2022/05/03/webinar-lets-exercise-professional-judgment-pj/) - COVID-19 has had a significant impact on higher education policies and procedures. For Financial Aid Administrators, it is always wise to sharpen one’s PJ knowledge and skills. This webinar will share best practices to help you navigate this era in higher education. We’ll define requirements for policies and procedures and review some PJ exercises for you to refine your PJ skills. - [Webinar: Our Last Look at EFC: 2023-24 FAFSA Application Update (Recording)](https://www.collegeaidservices.net/2022/09/20/webinar-our-last-look-at-efc-2023-24-fafsa-application-update-recording/) - With FAFSA Simplification set for a 2024-25 implementation, it appears that 2023-24 is set to be our last look at the EFC as we know it. This is an opportunity for financial aid administrators to see what is ahead with the 2023-24 Application Processing Cycle. Our presenters will provide updates for the 2023-24 FAFSA and take you through a tour of the FAFSA Demo site. - [Webinar: A Dive into Title IV Student Eligibility (Recording)](https://www.collegeaidservices.net/2022/10/17/webinar-a-dive-into-title-iv-student-eligibility-recording/) - This webinar provides an in-depth look at eligibility requirements for federal student aid. We examine school-determined requirements and all facets of student eligibility including citizenship, NSLDS financial aid history, Social Security, and more. - [Webinar: Satisfactory Academic Progress (SAP) Policy (Recording)](https://www.collegeaidservices.net/2022/11/11/webinar-satisfactory-academic-progress-sap-policy-recording/) - Attendees will obtain an understanding of Satisfactory Academic Progress (SAP) regulations, and common compliance concerns, plus a review of standards and policy. We will review case studies, discuss how to enforce the consequences of unsatisfactory progress, and share helpful resources. - [Webinar: A Collaborative Approach to Consumer Information Disclosures (Recording)](https://www.collegeaidservices.net/2022/12/12/webinar-a-collaborative-approach-to-consumer-information-disclosures-recording/) - Institutions are required to provide an extensive list of disclosures, statistics, reports, and other information to current and prospective students, their families, employees, and others. We will discuss required disclosures, how to identify areas needing corrective actions, and how to create a collaborative action plan. - [Webinar: Policy & Procedure Manual Resource and Planning Tool (Recording)](https://www.collegeaidservices.net/2023/02/03/webinar-policy-procedure-manual-resource-and-planning-tool-recording/) - Our presenters discuss developing and maintaining your school's policy and procedures manual including suggestions, feedback, resources, and planning of this document. This session dives into the requirements and as well as provide recommendations for making your manual a reliable resource for your Financial Aid staff. - [Webinar: Taking A Look At The New Landscape of Professional Judgments - PJ (Recording)](https://www.collegeaidservices.net/2023/03/02/webinar-taking-a-look-at-the-new-landscape-of-professional-judgments-pj-recording/) - Taking A Look At The New Landscape of Professional Judgments (PJ) Taking A Look At The New Landscape of Professional Judgments (PJ) Broadcast date: Tuesday, February 28, 2023 The Department of Education has changed the landscape by implementing school requirements for PJ. In this webinar we will discuss ways to make it more manageable and - [Webinar: Collaborating for Successful Enrollment Reporting (Recording)](https://www.collegeaidservices.net/2023/03/21/webinar-collaborating-for-successful-enrollment-reporting-recording/) - Enrollment reporting is an institutional responsibility that requires a collaborative approach across your campus. In this session, we will talk about the offices that need to be involved and how preplanning can make it easier and less time-consuming even for schools without interactive systems. We encourage financial aid administrators to invite their friends and colleagues from the Registrar's Office to join in. - [Webinar: 2023-24 New Requirements: Verification & Simplification Implementation (Recording)](https://www.collegeaidservices.net/2023/04/18/webinar-2023-24-new-requirements-verification-simplification-implementation-recording/) - Are you ready for 2023-2024? In this in-depth session, we will be discussing the updates to Verification for 2023-24 and looking at resolving conflicting information as well. We will also talk through the FAFSA simplification requirements that are required to be implemented in the 2023-2024 academic year. - [Webinar: A Closer Look at Student Eligibility - Part 1: C-Codes & Fresh Start Initiative (Recording)](https://www.collegeaidservices.net/2023/04/25/webinar-a-closer-look-at-student-eligibility-part-1-c-codes-fresh-start-initiative-recording/) - In this first segment in our Student Eligibility series, we will take a closer look at Comment Codes (C-Codes), SAR C-Flags, and the Fresh Start Initiative and how they affect student eligibility. We will walk through C-Codes and SAR C-Flags, what needs to be documented to resolve the issues, and how to go about the resolution. We will also revisit the Fresh Start Initiative and what that may look like and mean for both your institution and your student borrowers. - [Webinar: A Closer Look at Student Eligibility - Part 2: Managing Citizenship Eligibility Requirements (Recording)](https://www.collegeaidservices.net/2023/05/15/webinar-a-closer-look-at-student-eligibility-part-2-managing-citizenship-eligibility-requirements-recording/) - Citizenship is one of the primary areas of student eligibility that require financial aid administrators to manage. In this session, our presenters will take a deep dive to discuss the many facets of managing and resolving U.S. Citizenship and Eligible Noncitizen matches for student aid applicants. - [Webinar: Handling Difficult Conversations (Recording)](https://www.collegeaidservices.net/2023/09/12/webinar-handling-difficult-conversations-recording/) - In this webinar, we will discuss examples of topics that can be upsetting or lead to tension, strategies for conflict management and resolution, how to empower the speaker to feel confident in their answers and information, and tips for steering conversations toward a positive outcome for everyone involved. - [An Additional $9 Billion in Student Debt Relief for 125,000 Student Borrowers](https://www.collegeaidservices.net/2023/10/06/an-additional-9-billion-in-student-debt-relief-for-125000-student-borrowers/) - Biden-Harris Administration Announces an Additional $9 Billion in Student Debt Relief. New state-by-state data shows relief for income-driven repayment and Public Service Loan Forgiveness. - [Registration Open: 2023 Virtual Federal Student Aid Training Conference (11/28 to 12/1/23)](https://www.collegeaidservices.net/2023/10/02/registration-open-2023-virtual-federal-student-aid-training-conference-11-28-to-12-1-23/) - Registration for the 2023 Virtual Federal Student Aid Training Conference is now open. To register go to http://prereg.net/2023/fsatc/ to complete your free registration. The 2023 Conference will be held virtually on Nov. 28–Dec. 1. There will be keynote addresses from U.S. Department of Education leadership, five general sessions, 23 breakout sessions (covering the latest in financial aid - [2024–25 FAFSA Prototype now available](https://www.collegeaidservices.net/2023/10/02/2024-25-fafsa-prototype-now-available/) - To give financial aid administrators time to prepare for the upcoming changes to the FAFSA form in advance of the 2024–25 FAFSA form release, FSA has announced that a 2024–25 FAFSA prototype is now available for use. What is the 2024–25 FAFSA Prototype? The FAFSA prototype offers the financial aid community an advance opportunity to - [Government Shutdown May Impact Education Department Operations](https://www.collegeaidservices.net/2023/09/27/government-shutdown-may-impact-education-department-operations/) - 9/30 UPDATE: Shutdown Averted (for now) On Saturday 9/30, the house voted on H.R. 5860, a resolution that will continue to fund the government for the next 45 days. The bill was signed by President Biden before the midnight deadline. A shutdown has been averted for now and the government will continue running at least - [New Security Protocols Requires Upgrades for SAIG Software Users](https://www.collegeaidservices.net/2023/09/29/new-security-protocols-requires-upgrades-for-saig-software-users/) - New security protocols bring upcoming changes and upgrades related to SAIG software for users transmitting federal tax information for the 2024–25 award year and beyond. - [FSA Offers Guidance on Compliance Procedures for Credit Balance Delivery](https://www.collegeaidservices.net/2023/09/29/fsa-offers-guidance-on-compliance-procedures-for-credit-balance-delivery/) - FSA has issued guidance aimed at institutions and auditors who are tasked with evaluating institutional compliance concerning the delivery of credit balances to students. - [2024–25 FAFSA Specifications Guide – September 2023 Update #3](https://www.collegeaidservices.net/2023/09/29/2024-25-fafsa-specifications-guide-september-2023-update-3/) - The draft 2024–25 FAFSA Specifications Guide has been updated to include Volume 9 – Testing and Web Demo System. The Introduction and Volumes 1 through 9 are unchanged. - [New Report: Strategies for Increasing Diversity and Opportunity in Higher Education](https://www.collegeaidservices.net/2023/09/28/new-report-strategies-for-increasing-diversity-and-opportunity-in-higher-education/) - New report marks a key next step in the Biden Administration’s response to the Supreme Court decision on Affirmative Action. - [Final rule on Gainful Employment and a new Financial Value Transparency framework](https://www.collegeaidservices.net/2023/09/28/final-rule-on-gainful-employment-and-a-new-financial-value-transparency-framework/) - Biden-Harris Administration Announces Landmark Final Rules to Protect Consumers from Unaffordable Student Debt and Increase Transparency - [Updated Draft 2024–25 FAFSA® Materials](https://www.collegeaidservices.net/2023/09/18/updated-draft-2024-25-fafsa-materials/) - Draft versions of the proposed 2024-25 Free Application for Federal Student Aid (FAFSA®) form and the FAFSA Submission Summary (formerly known as the Student Aid Report) are available for public comment. - [EDExpress 2024–25 Modernization Part 1 Webinar](https://www.collegeaidservices.net/2023/09/05/edexpress-2024-25-modernization-part-1-webinar/) - As previously announced, the EDExpress for Windows 2024–25 software will have a new user interface and Federal Student Aid is providing users an opportunity to learn more about the changes with a two-part webinar series. The EDExpress 2024–25 Modernization Part 1 Webinar will be held on Thursday, Sept. 14, 2023 from 1–2 p.m. ET. Part - [FY 2020 Official Cohort Default Rates Distributed](https://www.collegeaidservices.net/2023/09/26/fy-2020-official-cohort-default-rates-distributed/) - On Monday, Sept. 25, 2023, the U.S. Department of Education distributed the FY 2020 official cohort default rate (CDR) notification packages to all eligible domestic and foreign schools only. The rates will be publicly released later this week. - [2024–25 FAFSA Specifications Guide - September 2023 Update #2](https://www.collegeaidservices.net/2023/09/26/2024-25-fafsa-specifications-guide-september-2023-update-2/) - The draft 2024–25 FAFSA Specifications Guide has been updated to include Volume 1 – Summary of Changes. - [Required Steps to Receive 2024–25 ISIRs](https://www.collegeaidservices.net/2023/09/25/required-steps-to-receive-2024-25-isirs/) - To receive 2024-25 Institutional Student Information Records (ISIRs), organizations must complete a new Student Aid Internet Gateway (SAIG) enrollment agreement. The agreement will become available on October 23, 2023. The agreement will serve for the 2024–25 award year and beyond. “As explained in the May 12, 2023, Electronic Announcement, modifications to the SAIG related to - [Federal Student Aid Estimator updated for 2024-25](https://www.collegeaidservices.net/2023/09/21/federal-student-aid-estimator-updated-for-2024-25/) - FSA's Federal Student Aid Estimator tool has been updated for 2024-25. The update features the metrics and terminology that is found on the 2024-25 FAFSA® (Free Application for Federal Student Aid) form. Students and families can use the form to help them estimate how much federal student aid they may be eligible for. The new - [2024–2025 Verification Requirements](https://www.collegeaidservices.net/2023/09/21/2024-2025-verification-requirements/) - On Tuesday September 19th, the Department of Education released the verification requirements and acceptable documentation for the 2024-25 Award year. A Dear Colleague Letter (GEN-23-12) was also published that supplements the 2024–2025 award year verification information provided in the Federal Register notice. So what's new for 2024-25? Here are some of the changes: The implementation - [$37 million in student loan debt to be canceled for over 1,200 University of Phoenix former students](https://www.collegeaidservices.net/2023/09/21/37-million-in-student-loan-debt-to-be-canceled-for-over-1200-university-of-phoenix-former-students/) - Biden-Harris Administration Approves $37 Million in Borrower Defense Discharges for Over 1,200 Students Who Attended the University of Phoenix Relief stems partly from evidence provided by the Federal Trade Commission, which obtained a $191 million settlement from the school in 2019 Press Release: September 20, 2023 Contact: Press Office, (202) 401-1576, press@ed.gov The Biden-Harris Administration - [Comment Request for 2024-2025 FAFSA now open through October 16](https://www.collegeaidservices.net/2023/09/18/comment-request-for-2024-2025-fafsa-now-open-through-october-16/) - On Friday Sept 15th, the Department of Education announced the Comment Request period for 2024-2025 Free Application for Federal Student Aid (FAFSA). The comment period is open until October 16, 2023. This is one of the final legal steps before the release of the updated FAFSA which is due out in December. Information on the - [Is your institution compliant with Title IV regulations?](https://www.collegeaidservices.net/2023/09/07/is-your-institution-compliant-with-title-iv-regulations/) - In August, the U.S. Department of Education announced settlement agreements with five law schools after a Federal Student Aid investigation revealed that the schools improperly disbursed Title IV funds. The schools had distributed funds to students who were enrolled in unaccredited programs, resulting in nearly $2.9 million in ineligible disbursements made to 92 students across - [More Than 4 Million Student Loan Borrowers Are Enrolled in the New SAVE Plan](https://www.collegeaidservices.net/2023/09/05/more-than-4-million-student-loan-borrowers-are-enrolled-in-the-new-save-plan/) - Biden-Harris Administration Announces More Than 4 Million Student Loan Borrowers Are Enrolled in the New SAVE Plan Press Release: SEPTEMBER 5, 2023 | Contact: Press Office, (202) 401-1576, press@ed.gov The U.S. Department of Education today announced more than 4 million student loan borrowers are enrolled in the Biden-Harris Administration's new Saving on A Valuable Education - [FSA 2023-24 Training Workshops and Course Offerings](https://www.collegeaidservices.net/2023/08/15/fsa-2023-24-training-workshops-and-course-offerings/) - Information on the 2023-24 Fundamentals Training Series, Learning Tracks and FSA Basic Training for New Staff was released on Monday. - [Reminder: Better FAFSA Better Future Webinar Series starts June 6](https://www.collegeaidservices.net/2023/05/16/reminder-better-fafsa-better-future-webinar-series-starts-june-6/) - The series of 10 live webinars are presented by Federal Student Aid staff to help prepare schools on implementation of the FAFSA Simplification Act, the FUTURE Act, and upcoming changes for the 2024–25 award year. - [FSA's 2024–25 FAFSA® Demonstration has been rescheduled to Thursday, Aug. 17, 2023](https://www.collegeaidservices.net/2023/07/14/fsas-2024-25-fafsa-demonstration-has-been-rescheduled-to-thursday-aug-17-2023/) - Federal Student Aid's Better FAFSA Better Future Webinar Series which commenced on June 6 has postponed the final and most anticipated session of the series. Originally scheduled for July 25th, the 2024–25 FAFSA® Demonstration webinar will now be held on Thursday, Aug. 17, 2023. Registration is not required but participation is limited to 10,000 attendees. - [2024–25 FAFSA Specifications Guide - September 2023 Update](https://www.collegeaidservices.net/2023/08/29/2024-25-fafsa-specifications-guide-september-2023-update/) - On Monday, Federal Student Aid announced that Draft 2024–25 FAFSA Specifications Guide has again been updated. An updated Volume 4 and the standalone draft ISIR record layout in Excel format is now available. The remaining guide is unchanged. Just two weeks ago, Volume 7 (Comment Codes), Volume 8 (Agency Matches) and Volume 9 (Testing and Web Demo - [The new SAVE (Saving on a Valuable Education) plan application has officially launched](https://www.collegeaidservices.net/2023/08/23/the-new-save-saving-on-a-valuable-education-plan-application-has-officially-launched/) - On Tuesday, the Biden-Harris Administration announced that it has fully launched the updated income-driven repayment application. Student loan borrowers can now officially enroll in the Saving on A Valuable Education (SAVE) plan, which the Administration touts as "the most affordable repayment plan ever created." "Starting today, millions of borrowers can reduce their monthly student loan - [Sara Reese Promoted to Director of Compliance at College Aid Services](https://www.collegeaidservices.net/2023/08/23/sara-reese-promoted-to-director-of-compliance-at-college-aid-services/) - College Aid Services is pleased to announce the promotion of Sara Reese to the esteemed position of Director of Compliance. - [EDExpress 2024–25 Modernization and Upcoming Training](https://www.collegeaidservices.net/2023/08/18/edexpress-2024-25-modernization-and-upcoming-training/) - On Wednesday, Federal Student Aid posted an electronic announcement regarding the upcoming EDExpress 2024–25 Modernization and opportunities for training and Beta testing. The announcement can be found below. POSTED DATE: August 16, 2023 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT ID: EDESUITE-23-05 SUBJECT: EDExpress 2024–25 Modernization and Upcoming Training and Beta Test Opportunities We are pleased - [2023 Virtual Federal Student Aid Training Conference (11/28 to 12/1/23) - Program Information](https://www.collegeaidservices.net/2023/08/18/2023-virtual-federal-student-aid-training-conference-11-28-to-12-1-23-program-information/) - The program and session information is now available for the 2023 Virtual Federal Student Aid Training Conference which will be held November 28 to December 1, 2023. There are over 29 sessions currently listed for the conference. The virtual conference runs from 9 a.m. to 4:45 p.m. daily. Sessions include: Tuesday, Nov. 28, 2023 8:00 — - [Biden-Harris Administration Takes Steps to Advance Diversity and Opportunity in Higher Education: Justice and Education Departments Release Resources to Advance Diversity and Opportunity in Higher Education](https://www.collegeaidservices.net/2023/08/14/biden-harris-administration-takes-steps-to-advance-diversity-and-opportunity-in-higher-education-justice-and-education-departments-release-resources-to-advance-diversity-and-opportunity-in-higher-edu/) - Resources Aimed to Assist Colleges and Universities in Response to the U.S. Supreme Court’s Decision on the Use of Race in Higher Education Admissions - [2024–25 FAFSA Specifications Guide Draft Updated](https://www.collegeaidservices.net/2023/08/13/2024-25-fafsa-specifications-guide-draft-updated/) - On Friday, Federal Student Aid posted an update to the draft 2024–25 FAFSA Specifications Guide. The update added three new volumes: Volume 7 – Comment Codes Volume 8 – Agency Matches Volume 9 – Testing and Web Demo System The following volumes have remained unchanged: Introduction Volume 2 – FPS Schedule and Getting Help Volume - [New handy guide of key terms (with definitions) for the FAFSA Simplification and FUTURE Acts](https://www.collegeaidservices.net/2023/08/08/new-handy-guide-of-key-terms-with-definitions-for-the-fafsa-simplification-and-future-acts/) - Federal Student Aid has published a handy guide of key terms and definitions related to FAFSA Simplification and FUTURE Acts. - [New Dear Colleague Letter Summarizes the FAFSA Simplification Act Changes for Implementation in 2024-25](https://www.collegeaidservices.net/2023/08/04/new-dear-colleague-letter-summarizes-the-fafsa-simplification-act-changes-for-implementation-in-2024-25/) - On Friday August 4th, the Department of Education published a new Dear Colleague Letter (GEN-23-11) which provides a comprehensive summary of the changes occurring for 2024-25 due to the FAFSA Simplification Act. The full letter is available here: (GEN-23-11) FAFSA Simplification Act Changes for Implementation in 2024-25 and also published below for ease of reference. - [EDExpress 2023–2024 Released](https://www.collegeaidservices.net/2023/08/04/edexpress-2023-2024-released/) - EDExpress for Windows 2023-2024, Release 3.0 is now available for download. The new release incorporates new Campus-Based functionality that enables the reporting of Federal Work-Study (FWS) student earnings to the Common Origination and Disbursement (COD) System. The new release also includes a minor adjustment to the “For School Use Only” section of the Origination (Pell) - [2024–25 FAFSA Form Preview Presentation now available](https://www.collegeaidservices.net/2023/08/01/2024-25-fafsa-form-preview-presentation-now-available/) - To assist with planning and communicating changes to the 2024–25 Free Application for Federal Student Aid (FAFSA®) form, the Department of Education has released a presentation with information and screenshots of the 2024–25 online FAFSA form. POSTED DATE: July 31, 2023 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT ID: APP-23-08 SUBJECT: 2024–25 FAFSA Form Preview Presentation - [Beta Application for new SAVE (Saving on a Valuable Education) plan now available](https://www.collegeaidservices.net/2023/07/31/beta-application-for-new-save-saving-on-a-valuable-education-plan-now-available/) - The Beta application site for the new Saving on a Valuable Education (SAVE) Plan is now live. The SAVE Plan, like other income-driven repayment (IDR) plans, calculates your monthly payment amount based on your income and family size. The SAVE Plan provides the lowest monthly payments of any IDR plan available to nearly all student - [Updates to Federal Student Aid Handbooks](https://www.collegeaidservices.net/2023/07/31/updates-to-federal-student-aid-handbooks/) - The Department of Education has announced updates to Volume 8, The Direct Loan Program of the 2023-2024 Federal Student Aid Handbook and to Volume 1, Student Eligibility, Chapter 3 of the 2023-2024 Federal Student Aid Handbook. The announcement with links can be found below. POSTED DATE: July 26, 2023 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT - [Biden-Harris Administration Approves $130 Million Group Discharge for 7,400 Borrowers from Colorado Locations of CollegeAmerica](https://www.collegeaidservices.net/2023/07/25/biden-harris-administration-approves-130-million-group-discharge-for-7400-borrowers-from-colorado-locations-of-collegeamerica/) - Relief is based upon evidence from Colorado Attorney General Weiser showing widespread misrepresentations by the Center for Excellence in Higher Education Press Release: JULY 25, 2023 | Contact: Press Office, (202) 401-1576, press@ed.gov The Biden-Harris Administration today announced it will deliver $130 million in automatic relief to 7,400 students who enrolled at Colorado-based locations of - [Additional COD System Implementation for 2023–24 Award Year will occur on July 30th](https://www.collegeaidservices.net/2023/07/25/additional-cod-system-implementation-for-2023-24-award-year-will-occur-on-july-30/) - On July 19, 2023, the Department of Education posted COD-23-05, which discusses the plan to implement additional Common Origination and Disbursement (COD) System functionality on July 30. Read the whole announcement below. POSTED DATE: July 19, 2023 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT ID: COD-23-05 SUBJECT: Additional COD System Implementation for 2023–24 Award Year (July - [Updates to FSA Partner Connect Planned for September 2023](https://www.collegeaidservices.net/2023/07/10/updates-to-fsa-partner-connect-planned-for-september-2023/) - Changes and upgrades are coming to FSA Partner Connect in September of this year. On July 5th, GENERAL-23-54 was published with a preview of the upcoming changes. Read the full notification below. POSTED DATE July 05, 2023 AUTHOR Federal Student Aid ELECTRONIC ANNOUNCEMENT ID GENERAL-23-54 SUBJECT FSA Partner Connect – Implementation Planned for September - [Guidance on reporting Federal Work-Study (FWS) earnings to comply with the FAFSA Simplification Act requirement](https://www.collegeaidservices.net/2023/07/25/guidance-on-reporting-federal-work-study-fws-earnings-to-comply-with-the-fafsa-simplification-act-requirement/) - Last Friday, operational guidance was released by the Department of Education on how institutions are to report Federal Work-Study earnings using the Common Origination and Disbursement (COD) system. The electronic announcement (CB-23-13) can be found on the FSA website and is also below for reference. POSTED DATE: July 21, 2023 AUTHOR: Federal Student Aid ELECTRONIC - [New Fact Sheet for Prison Education Programs](https://www.collegeaidservices.net/2023/07/25/new-fact-sheet-for-prison-education-programs/) - Last week the Department of Education released an additional fact sheet for Prison Education Programs. The fact sheet can be found here: Prison Education Program (PEP) The announcement (GENERAL-23-58) is published below for reference. POSTED DATE: July 18, 2023 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT ID: GENERAL-23-58 SUBJECT: Additional Fact Sheet for Prison Education Programs - [Biden-Harris Administration to Provide 804,000 Borrowers with $39 Billion in Automatic Loan Forgiveness as a Result of Fixes to Income Driven Repayment Plans](https://www.collegeaidservices.net/2023/07/14/biden-harris-administration-to-provide-804000-borrowers-with-39-billion-in-automatic-loan-forgiveness-as-a-result-of-fixes-to-income-driven-repayment-plans/) - The Department of Education today will begin notifying more than 804,000 borrowers that they have a total of $39 billion in Federal student loans that will be automatically discharged in the coming weeks. In total, the Biden-Harris Administration has approved more than $116.6 billion in student loan forgiveness for more than 3.4 million borrowers. - [Final Regulations released for Income Driven Repayment of the Federal Direct Loan and the Federal Family Education Loan (FFEL) Programs](https://www.collegeaidservices.net/2023/07/12/final-regulations-released-for-income-driven-repayment-of-the-federal-direct-loan-and-the-federal-family-education-loan-ffel-programs/) - The U.S. Department of Education issues final regulations governing income-contingent repayment plans by amending the Revised Pay as You Earn (REPAYE) repayment plan and restructuring and renaming the repayment plan regulations under the William D. Ford Federal Direct Loan (Direct Loan) Program, including combining the Income Contingent Repayment (ICR) and the Income-Based Repayment (IBR) plans - [Comments for the Federal Work-Study Reporting changes due by July 12](https://www.collegeaidservices.net/2023/06/23/comments-for-the-federal-work-study-reporting-changes-due-by-july-12/) - The comment period for the Department of Education's request of collecting individual student Federal Work-Study annual earnings data from institutions is open through July 12, 2023. - [Visit College Aid Services at the NASFAA 2023 National Conference in San Diego](https://www.collegeaidservices.net/2023/06/28/visit-college-aid-services-at-the-nasfaa-2023-national-conference-in-san-diego/) - Are you attending the NASFAA 2023 National Conference in San Diego from June 29th - July 2nd in San Diego California? College Aid Services is thrilled to announce that we are a proud Silver Sponsor and will be exhibiting at the conference. We invite you to stop by Booth #530 for some College Aid Services - [President Biden Announces New Actions to Provide Debt Relief and Support for Student Loan Borrowers](https://www.collegeaidservices.net/2023/06/30/president-biden-announces-new-actions-to-provide-debt-relief-and-support-for-student-loan-borrowers/) - Released today from the White House: No President has fought harder for student debt relief than President Biden, and he's not done yet. President Biden will not let Republican elected officials succeed in denying hardworking Americans the relief they need. In light of the Supreme Court's ruling this morning, President Biden and his Administration have already - [Breaking: The Supreme Court has blocked Biden's student loan forgiveness program](https://www.collegeaidservices.net/2023/06/30/breaking-the-supreme-court-has-blocked-bidens-student-loan-forgiveness-program/) - Joe Biden’s student loan forgiveness program, which was to provide up to $20,000 of relief to borrowers, has been blocked by the U.S. Supreme Court. President Biden is expected to comment later today and provide additional guidance on his plan for student loan borrowers. Read the opinion of the court. This is a developing story. - [Supreme Court rules against race-conscious admissions, Leaders react](https://www.collegeaidservices.net/2023/06/29/supreme-court-rules-against-race-conscious-admissions-leaders-react/) - Today, the Supreme Court ruled against affirmative action in admissions at the University of North Carolina and Harvard. The ruling ends decades of precedent that college admission programs used to create a diverse student population. Students for Fair Admissions had sued Harvard and the University of North Carolina at Chapel Hill over race-conscious admissions policies. - [End of Student Loan Payment Pause Imminent](https://www.collegeaidservices.net/2023/06/01/end-of-student-loan-payment-pause-imminent/) - Yesterday, the House of Representatives passed a bipartisan deal aimed at raising the debt ceiling and addressing future spending levels, thereby avoiding potential consequences of a default on the national debt. The bill received a vote of 314-117, with support from both Democrats and Republicans. In addition to raising the debt ceiling, the bill includes - [Direct Loan Interest Rates for 2023-2024](https://www.collegeaidservices.net/2023/05/17/direct-loan-interest-rates-for-2023-2024/) - The U.S. Department of Education has announced the interest rates for Direct Loans first disbursed between July 1, 2023, and June 30, 2024. - [Department of Education released the Pell Grant look-up tables for 2024-25](https://www.collegeaidservices.net/2023/05/22/department-of-education-releases-pell-grant-look-up-tables-for-2024-25/) - The Department of Education (ED) has released the Pell Grant look-up tables for the award year 2024-25. These tables assist in determining a student's eligibility for the maximum or minimum Pell Grant amount. ED has also made updates to the 2024-25 Draft Student Aid Index (SAI) and the Pell Grant Eligibility guide. Additionally, the updated - [ED Releases Proposed Rules on Accountability and Transparency on Unaffordable Student Debt](https://www.collegeaidservices.net/2023/05/18/ed-releases-proposed-rules-on-accountability-and-transparency-on-unaffordable-student-debt/) - The U.S. Department of Education has released proposed rules aimed at improving accountability for certificate and profit programs and increasing transparency regarding unaffordable student debt. These rules are part of the department's efforts to protect students and ensure they receive high-quality education while safeguarding against predatory practices. The proposed rules focus on two main areas. - [Updated Guidelines to ED’s Guidance on Third-Party Servicers: Effective Date REMOVED](https://www.collegeaidservices.net/2023/05/17/updated-guidelines-to-eds-guidance-on-third-party-servicers-effective-date-removed/) - This updated DCL removes the effective date of third-party servicer guidance in Dear Colleague Letter GEN-23-03 and removes the prohibition on contracts between institutions and foreign-owned or operated third-party servicers. - [FTC Halts Student Loan Scheme Costing Students Millions](https://www.collegeaidservices.net/2023/05/10/ftc-halts-student-loan-scheme-costing-students-millions/) - The Federal Trade Commission (FTC) halts student loan debt relief schemes, with companies allegedly defrauding students out of millions of dollars. - [161 Students to be Honored as 2023 U.S. Presidential Scholars](https://www.collegeaidservices.net/2023/05/10/161-students-to-be-honored-as-2023-u-s-presidential-scholars/) - U.S. Secretary of Education Miguel Cardona today announced the 59th class of U.S. Presidential Scholars, recognizing 161 high school seniors for their accomplishments in academics, the arts, and career and technical education fields. - [ED: $42 Billion in Approved Public Service Loan Forgiveness for More Than 615,000 Borrowers](https://www.collegeaidservices.net/2023/05/09/ed-42-billion-in-approved-public-service-loan-forgiveness-for-more-than-615000-borrowers/) - The US Department of Education has announced that over 615,000 borrowers have had their loans forgiven under the Public Service Loan Forgiveness (PSLF) program, with a total of $4.2 billion in loan forgiveness approved as of October 2021. The PSLF program was created in 2007 to incentivize graduates to enter public service jobs and forgive - [Statement from Secretary Cardona on Speaker McCarthy’s Debt Ceiling Proposal](https://www.collegeaidservices.net/2023/04/20/statement-from-secretary-cardona-on-speaker-mccarthys-debt-ceiling-proposal/) - U.S. Secretary of Education Miguel Cardona issued a statement after Speaker Kevin McCarthy released a proposal that would cancel the Biden-Harris Administration’s targeted, one-time debt relief program. - [New Enrollment Report: The State of Higher Education 2023](https://www.collegeaidservices.net/2023/05/05/new-enrollment-report-the-state-of-higher-education-2023/) - A new report from Gallup and Lumina Foundation identifies barriers to enrollment and what encourages current students to either stay or leave their current programs. - [Another update on the Department of Education’s Third-Party Servicer Guidance](https://www.collegeaidservices.net/2023/04/13/another-update-on-the-department-of-educations-third-party-servicer-guidance/) - In a blog post earlier this week, the Department of Education announced that the effective date of the Dear Colleague Letter GEN-23-03 which expands the definition of what is considered a Third-Party Servicer, will be postponed due to the feedback received. The original date was February 15th and then it was pushed back to September - [Department of Education Announces Public Hearings on Higher Education Rulemaking](https://www.collegeaidservices.net/2023/04/03/department-of-education-announces-public-hearings-on-higher-education-rulemaking/) - The U.S. Department of Education (Department) announced on 3/23 that it will hold virtual public hearings on April 11, 12, and 13 to receive stakeholder feedback on potential issues for future rulemaking sessions. The Department’s regulatory efforts reflect our commitment to supporting students and ensuring they can access opportunities that will help them succeed. “The - [FSA letter to higher education leaders – Get ready for the 2024-25 FAFSA and changes to Federal Student Aid](https://www.collegeaidservices.net/2023/04/13/fsa-letter-to-higher-education-leaders-get-ready-for-the-2024-25-fafsa-and-changes-to-federal-student-aid/) - A letter was sent this week to higher education leaders advising them to be ready for the impact the 2024-25 FASFA will have at their institutions. - [New Report: The complication with FAFSA simplification](https://www.collegeaidservices.net/2023/04/18/new-report-the-complication-with-fafsa-simplification/) - A new report, The Complication with FAFSA Simplification, was recently published by the Brookings Institution’s Center on Children and Families. It was authored by Phillip Levine, a Nonresident Fellow of Economic Studies at Brookings Institution’s Center on Children and Families, and Jill Desjean, Senior Policy Analyst for NASFAA. “The goal of the 2020 FAFSA Simplification - [Notice of the Draft 2024–25 Federal Student Aid Application Materials](https://www.collegeaidservices.net/2023/04/05/notice-of-the-draft-2024-25-federal-student-aid-application-materials/) - Draft versions of the proposed 2024–25 Free Application for Federal Student Aid (FAFSA®) form and the FAFSA Submission Summary (formerly known as the Student Aid Report) are available for public comment. These forms are used by individuals applying for federal student aid. Only comments regarding the FAFSA form and related forms should be submitted during - [Resolution Proposed to End Biden’s Student Debt Cancellation Plan](https://www.collegeaidservices.net/2023/03/28/resolution-proposed-to-end-bidens-student-debt-cancellation-plan/) - A group of Senate Republicans on Monday introduced legislation that would overturn President Joe Biden’s student debt cancellation plan and end the pause on federal student loan payments. Earlier this month, Sen. Bill Cassidy (R-La.), ranking member of the Senate Health, Education, Labor and Pensions (HELP) committee, announced that he and Sens. John Cornyn (R-Texas) - [2024–25 FAFSA Roadmap Announced](https://www.collegeaidservices.net/2023/03/21/2024-25-fafsa-roadmap-announced/) - A roadmap for the 2024-25 FAFSA Process has been released in GEN-23-17 which includes a timeline leading to the 2024-25 FAFSA becoming available in December 2023. The key dates are: For Institutions and State Partners: New Needs Analysis Formula Tools – Spring 2023 Provisional Final FAFSA Institutional Student Information Record (ISIR) Layout – April 2023 - [Secret Shoppers to Evaluate Recruitment, Enrollment Practices, and Title IV Compliance](https://www.collegeaidservices.net/2023/03/15/secret-shoppers-to-evaluate-recruitment-enrollment-practices-and-title-iv-compliance/) - The Office of Enforcement announced that it will add the use of secret shoppers to help evaluate an institution’s recruitment, enrollment, financial aid, and other practices. - [Availability of 2023 Title IV Audit Guide for Proprietary Schools and Third-Party Servicers](https://www.collegeaidservices.net/2023/03/16/availability-of-2023-title-iv-audit-guide-for-proprietary-schools-and-third-party-servicers/) - The U.S. Department of Education, Office of Inspector General has published its new Title IV Audit Guide, Guide for Financial Statement Audits of Proprietary Schools and For Compliance Attestation Examination Engagements of Proprietary Schools and Third-Party Servicers Administering Title IV Programs (Guide). The Guide and the related transmittal letter are available on the OIG Non-Federal - [Eligible Noncitizen Update – Afghan Arrivals](https://www.collegeaidservices.net/2023/03/23/eligible-noncitizen-update-afghan-arrivals-2/) - Guidance in this letter supersedes all guidance in DCL GEN 22-08. The Department of Education (Department) considers the following noncitizens eligible for Title IV, Federal student aid (Title IV aid): Special Immigrant Lawful Permanent Residents, Special Immigrant Conditional Permanent Residents, Special Immigrant Parolees, and Non-Special Immigrant Afghan Parolees. - [House Democrats’ Reintroduce Plan Seeking to Lower College Costs](https://www.collegeaidservices.net/2023/03/17/house-democrats-reintroduce-plan-seeking-to-lower-college-costs/) - While President Joe Biden’s student loan debt cancellation plan remains in limbo with the United States Supreme Court, House Democrats are doubling down on their own proposal seeking to address the underlying flaws in the student loan system. Rep. Bobby Scott (D-Va.), ranking member of the House Committee on Education and the Workforce, on Thursday - [Biden’s 2024 Budget Proposal Doubles Down on Funding for Pell Grants, Free Community College, and Federal Student Aid Administration](https://www.collegeaidservices.net/2023/03/15/bidens-2024-budget-proposal-doubles-down-on-funding-for-pell-grants-free-community-college-and-federal-student-aid-administration/) - President Joe Biden on Thursday released his first budget request for fiscal year 2024, which would boost funding for the Department of Education (ED) by 13.6%, and includes plans to increase the maximum Pell Grant award by $820, provide more funding for the Office of Federal Student Aid (FSA), and expand access to free community college. - [Illegal Loan Junk Fees Discovered](https://www.collegeaidservices.net/2023/03/10/illegal-loan-junk-fees-discovered/) - Think back to before loan payments were paused and see if you can answer these questions... Were you charged "late fees" when you made all your loan payments on time? Did the amount on your interest accrual increase unexpectedly without any explanation? If you answered yes to one or both questions, you might be the - [SoFi Sues to End Student Loan Payment Pause](https://www.collegeaidservices.net/2023/03/08/sofi-sues-to-end-student-loan-payment-pause/) - A personal financing company that oversees student loan refinancing products is suing the Department of Education (ED) to immediately end the ongoing freeze on federal student loan repayments and interest accrual — only for borrowers who are not eligible for loan cancellation — arguing that the latest extensions offered by the administration were unlawful. In - [New Steps Taken To Hold Leaders of Risky Colleges Liable By Department of Education](https://www.collegeaidservices.net/2023/03/03/new-steps-taken-to-hold-leaders-of-risky-colleges-liable-by-department-of-education/) - On March 2nd, 2023, the U.S. Department of Education (Department) released guidance outlining how it will implement long-standing provisions in the Higher Education Act that grant the Secretary authority to require leaders of private colleges that fail to operate in a financially responsible way to assume personal liability for the cost of unpaid debts owed - [Learnings from SASFAA's 2023 Annual Conference](https://www.collegeaidservices.net/2023/02/24/learnings-from-sasfaas-2023-annual-conference/) - The Southern Association of Student Financial Aid Administrators (SASFAA) held their annual conference in Chattanooga from February 11th - 15th. As SASFAA paved the way for 60 years and will continue to do so for many years to come, the latest information and interesting insights were great to leave with. College Aid Services attended the - [Department of Education Third-Party Servicer Guidance Effective Date Change](https://www.collegeaidservices.net/2023/03/01/department-of-education-third-party-servicer-guidance-effective-date-change/) - If you were familiarizing yourself with The Department of Education’s (ED) updated third-party servicer guidance, hold that thought for a moment. Due to some confusion and uncertainties, the effective date for these updates has been prolonged. The Department of Education on Tuesday (2/28) announced in an updated Dear Colleague Letter (DCL) that it is adjusting - [Ellucian Banner 2023-2024 Federal Pell Grant patch available](https://www.collegeaidservices.net/2023/02/18/ellucian-banner-2023-2024-federal-pell-grant-patch-available/) - Ellucian released on February 18, 2023, the 2023-2024 Federal Pell Grant patch. - [Are You Prepared? U.S. Supreme Court Ruling on Race in Admissions](https://www.collegeaidservices.net/2023/02/22/are-you-prepared-u-s-supreme-court-ruling-on-race-in-admissions/) - On October 31, 2022, the U.S. Supreme Court heard oral arguments in two cases about the consideration of race in college admissions: SFFA v.UNC and SFFA v. Harvard. These two cases were heard separately over the course of the day. The Court is expected to reach a decision by June 2023 and audio recordings for - [Department of Education Updates Regarding Third-Party Servicer Guidance](https://www.collegeaidservices.net/2023/02/17/department-of-education-updates-regarding-third-party-servicer-guidance/) - ED’s updated guidance clarifies that companies and other organizations that provide recruitment services, software products and services involving Title IV administration activities, or educational content and instruction for colleges fall into the category of a “third-party servicer.” - [Change Implementations Upcoming for the FAFSA](https://www.collegeaidservices.net/2023/02/13/change-implementations-upcoming-for-the-fafsa/) - As we prepare for all the changes in 2024-25, we also must remember that though we have gotten used to the FAFSA being available on Oct 1st, this may not be the case with all the changes (FAFSA Simplification additions & CPS being sunset to bring on another processing system). It was alluded to during - [Pandemic's Emergency Declaration Coming to an End: The Future of Financial Aid](https://www.collegeaidservices.net/2023/02/03/pandemics-emergency-declaration-coming-to-an-end-the-future-of-financial-aid/) - At the beginning of the pandemic, many adjustments were made by the Biden administration to pivot with higher education woes. Various flexibilities with unused Federal Work Study (FWS) and other government aid helped a number of colleges and universities preserve their students focused on completing their degrees. These changes were possible due to the emergency - [2023-2024 Federal Pell Grant Payment and Disbursement Schedules Released](https://www.collegeaidservices.net/2023/01/28/2023-2024-federal-pell-grant-payment-and-disbursement-schedules-released/) - The PDF and Excel versions of the Payment and Disbursement Schedules for determining Federal Pell Grant awards for the 2023-2024 award year (July 1, 2023, through June 30, 2024) for full-time, three-quarter-time, half-time, and less-than-half-time students. All 2023-2024 Federal Pell Grant awards must be based on the attached schedules. - [2023-2024 FAFSA Verification- IRS Tax Return Transcript Matrix](https://www.collegeaidservices.net/2023/01/25/2023-2024-fafsa-verification-irs-tax-return-transcript-matrix/) - Attached to this announcement is the 2023-2024 IRS Tax Return Transcript Matrix to use for verification of IRS tax return information included on the FAFSA. - [ED Awards Grants to Improve Opportunities and Outcomes for Nation's Postsecondary Students](https://www.collegeaidservices.net/2023/01/23/ed-awards-grants-to-improve-opportunities-and-outcomes-for-nations-postsecondary-students/) - Secretary Cardona announced awards to colleges and universities from five competitive grant programs of the Fund for the Improvement of Postsecondary Education. - [Apply for Designation as a Title III or Title V Institution and Waiver of the Non-Federal Share Requirement for FWS and FSEOG](https://www.collegeaidservices.net/2023/01/19/apply-for-designation-as-a-title-iii-or-title-v-institution-and-waiver-of-the-non-federal-share-requirement-for-fws-and-fseog/) - FSA provides information regarding the designation of Title III or Title V status for institutions and the resulting waiver of the non-federal share requirements for the FWS and FSEOG programs. - [Upcoming January NSLDS Enrollment Roster Dissemination](https://www.collegeaidservices.net/2023/01/17/upcoming-january-nslds-enrollment-roster-dissemination/) - During the week of Jan. 16, 2023, FSA will send off-schedule January Enrollment Rosters to schools’ SAIG mailboxes. - [Suggested Single Audit Procedures Related to NSLDS Enrollment Reporting](https://www.collegeaidservices.net/2023/01/13/suggested-single-audit-procedures-related-to-nslds-enrollment-reporting/) - FSA summarizes the issues following the July 2022 implementation of the modernized NSLDS website and communicate expectations of auditors evaluating compliance. - [DCL: Community Service Requirements in the FWS Program](https://www.collegeaidservices.net/2023/01/10/dcl-community-service-requirements-in-the-fws-program/) - This letter reminds institutions that mentoring positions, including tutoring, in public schools fulfill the community service requirement in the FWS program. - [FSA Announces 2023–24 FAFSA Winter Renewal Campaign](https://www.collegeaidservices.net/2023/01/04/fsa-announces-2023-24-fafsa-winter-renewal-campaign/) - Starting Jan. 10, 2023, FSA will begin sending emails and SMS messages to 2022–23 FAFSA filers who have not yet submitted a 2023–24 FAFSA form. - [ED Statement on Fiscal Year 2023 Appropriations; Pell Grant Increases by $500](https://www.collegeaidservices.net/2023/01/03/ed-statement-on-fiscal-year-2023-appropriations-pell-grant-increases-by-500/) - Miguel Cardona issued the following statement on Fiscal Year 2023 omnibus appropriations, including a $500 increase to the maximum Pell Grant. - [Federal Direct Loan Program Reconciliation](https://www.collegeaidservices.net/2022/12/29/federal-direct-loan-program-reconciliation-2/) - FSA provides specific information to assist schools’ with reconciling the Direct Loan Program. - [FSA Publishes the 2024–25 Draft FAFSA Specifications Guide](https://www.collegeaidservices.net/2022/12/28/fsa-publishes-the-2024-25-draft-fafsa-specifications-guide/) - As a part of the FAFSA Simplification Act, FSA provides an initial installment of the 2024–25 FAFSA Specifications Guide. - [90/10 Questions and Answers Website Update](https://www.collegeaidservices.net/2022/12/20/90-10-questions-and-answers-website-update/) - The Office of Postsecondary Education maintains questions and answers for the Affordability and Student Loans final regulations, published on Oct. 28, 2022. - [Access Removed for Unconfirmed SAIG Mailbox Accounts](https://www.collegeaidservices.net/2022/12/15/access-removed-for-unconfirmed-saig-mailbox-accounts/) - FSA has removed access to enrolled services for accounts that have not been actively confirmed. - [COD School Testing for 2023–24 Available January 3, 2023](https://www.collegeaidservices.net/2022/12/13/cod-school-testing-for-2023-24-available-january-3-2023/) - The FSA Partner and School Relations Center will allow for COD School Testing for the 2023–24 award year from Jan. 3, 2023, through Dec. 18, 2023. - [College Aid Services Completes SOC 2® Type 2 Audit & Certification](https://www.collegeaidservices.net/2022/11/10/college-aid-services-completes-soc-2-type-2-audit-certification/) - Achieving SOC 2 Type 2 compliance highlights College Aid Services' commitment to the industry's highest standards for managing customer data. - [ICYMI: Resolution for EDExpress Database Engine Error Following Installation](https://www.collegeaidservices.net/2022/12/12/icymi-resolution-for-edexpress-database-engine-error-following-installation/) - Posted: December 06, 2022 Author: Federal Student Aid Subject: Resolution for EDExpress Database Engine Error Following Installation This message provides a workaround to a database engine error message generated for some EDExpress for Windows software users following software installation. See the sections below for the issue description and the workaround/resolution for the issue. Issue Description After installing - [Federal Education Division May Be Shrinking](https://www.collegeaidservices.net/2018/05/23/federal-education-division-may-be-shrinking/) - The largest division of the Department of Education may soon no longer hold that title if some of the workers there accept an employment proposition extended to them. Some of the Office of Federal Student Aid’s (OFSA) 1300 employees have been offered buyouts, although the exact amount of potential employees impacted has yet to be - [Changes to Dodd-Frank Provisions Helps Student Loan Borrowers](https://www.collegeaidservices.net/2018/05/24/changes-to-dodd-frank-provisions-helps-student-loan-borrowers/) - Yesterday the House of Representatives passed a Senate version that includes an update to the Dodd-Frank bill with the intention of addressing higher education student loans. S.2122 now advances to the President's desk for his signature. There are a few good things with this bi-partisan effort and those items are detailed in the section below. - [Update on fix to Pell Additional Eligibility Indicator (AEI) Flag - PeopleSoft](https://www.collegeaidservices.net/2018/05/24/update-on-fix-to-pell-additional-eligibility-indicator-aei-flag-peoplesoft/) - If you haven't heard, Oracle released an updated for organizations unable to origination Year Round Pell (YRP) funds for the summer 2018 period. It is important to know that you aren't alone but unfortunately, Oracle doesn't appear to understand the importance of providing organizations with this critical fix as soon as possible. Below is a - [Availability of EDExpress for Windows 2018-2019, Release 2.0](https://www.collegeaidservices.net/2018/05/29/availability-of-edexpress-for-windows-2018-2019-release-2-0/) - 5-25: Availability of EDExpress for Windows 2018-2019, Release 2.0 Posted Date: May 25, 2018 Author: Federal Student Aid Subject: Availability of EDExpress for Windows 2018-2019, Release 2.0 We are pleased to announce the posting of EDExpress for Windows 2018-2019, Release 2.0, on the Federal Student Aid Download (FSAdownload) website, located at https://fsadownload.ed.gov. Release 2.0 adds - [Department of Education Launches New ED Training Website](https://www.collegeaidservices.net/2018/05/31/dept-of-ed-launches-new-ed-training-website/) - Federal Student Aid is pleased to announce that our E-Training website will be updated on July 1st. New Features Learning Tracks As an aid administrator, we understand that you have small increments of time you can devote to your online training. Instead of comprehensive course offerings, you will be able to access specific learning tracks - [The Mystery of College Cost](https://www.collegeaidservices.net/2018/06/06/the-mystery-of-college-cost/) - Financial aid award letters can be pretty confusing for the average family. Most financial aid administrators tend to be risk-averse so that the net price can get lost among the fine print. I was reading an article today, and a group called New America, and uAspire conducted a quantitative study of 11,000 different award letters. - [Greatest Challenge Facing Higher Education](https://www.collegeaidservices.net/2018/06/14/greatest-challenge-facing-higher-education/) - Higher education is facing a variety of challenges in 2018. There are typical themes that keep popping up in study after study, but, what I found is that the studies are missing one fundamental problem that doesn’t appear to be talked about enough. Before I digress into what I think is a real challenge, let’s - [Gainful Employment Rules Delayed Again](https://www.collegeaidservices.net/2018/06/25/gainful-employment-rules-delayed-again/) - Early last week, Secretary Devos announced that colleges and universities will not be required to publicly disclose data about their vocational programs' graduate employment rates or debt levels. The rule known as Gainful Employment was created during President Obama's administration to help students assess whether a program would lead them towards a job. The announcement made - [Draft 2019-20 FISAP, Instructions, and Technical Reference Released by ED](https://www.collegeaidservices.net/2018/07/01/draft-2019-20-fisap-instructions-and-technical-reference-released-by-ed/) - The Fiscal Operations Report for 2017–18 and Application to Participate for 2019–20 (FISAP) in the Campus-Based programs is currently being revised. We are providing the attached draft versions of the FISAP, accompanying instructions, and technical reference so that schools can prepare the information needed for submission of the school’s FISAP this fall. The final 2019–20 FISAP will - [ED Launches FAFSA App](https://www.collegeaidservices.net/2018/06/28/ed-launches-fafsa-app/) - Department of Education to Launch FAFSA App in April With the advancement of the smartphone, we can pay bills, access your bank accounts and of course, and shop through your phone. So it’s only natural that the Free Application for Federal Student Aid (FAFSA) moves to a mobile platform as well. In April of 2018, the Department of - [Be Part of the First Certified Financial Aid Administrator Program](https://www.collegeaidservices.net/2018/07/11/be-part-of-the-first-certified-financial-aid-administrator-program/) - On June 26, 2018, the National Association of Financial Aid Administrators announced the launch of a premier program to help confirm the skills and knowledge of financial aid professionals across the United States. This program was created out of growing demand from the higher education community to make sure that those managing financial aid programs - [Devos and Sessions Rescind Long Standing Higher Education Guidance](https://www.collegeaidservices.net/2018/07/03/devos-and-sessions-rescind-long-standing-higher-education-guidance/) - This afternoon, the day before the United States celebrates its independence, the Department of Education and Department of Justice issued startling guidance that withdrew long-standing guidance and legal president on the use of race by elementary, secondary, and postsecondary educational institutions. The documents that the U.S. government has withdrawn are listed below. December 2, 2011 - [2018 Mid-Atlantic Banner User Group Conference](https://www.collegeaidservices.net/2018/07/16/2018-mid-atlantic-banner-user-group-conference/) - Are you interested in learning more about Banner? The user group conferences are a great way to network and find solutions to some of your most common technical challenges. The mid-Atlantic Banner User Group Conference (MABUG) is scheduled to be held on October 14th-16th in Fredericksburg, VA. The University of Mary Washington will be hosting this - [Updates to Dynamic Forms!](https://www.collegeaidservices.net/2018/07/23/updates-to-dynamic-forms/) - Hey Dynamic Form Users! We just learned of some great enhancements to the product and we wanted to make sure you were aware. Release 8.1 will be delivered on Friday, July 27th. This update will include the following enhancements. Audits: No more asking what happened to that user, form or form template, all user actions - [2018 Alabama Banner Users Group Conference - November 14-16th](https://www.collegeaidservices.net/2018/07/24/2018-alabama-banner-user-conference-november-14-16th/) - Don't miss the ALBUG conference. New this year is extra training, including several pre-conference workshops that will be held on Wednesday, November 14th. - [The new look of FAFSA.gov](https://www.collegeaidservices.net/2018/07/26/the-new-look-of-fafsa-gov/) - Be the first to view the changes to the Free Application for Federal Student website. - [Make an impact no matter your place in an organization](https://www.collegeaidservices.net/2018/07/30/how-to-make-sure-your-glass-is-always-full-inspiremetoday/) - Leadership is not limited to certain job titles, nor does anyone in the organization have to wait until they are at a higher level in the organization to have an impact. “Everyone across the organization can make a significant impact when they champion a cause—for example, organizing a food drive or rallying support among their - [Does reduced state funding affect student persistence rates?](https://www.collegeaidservices.net/2018/08/02/who-does-the-american-dream-really-benefit/) - Here is a look into the last 25 years of declining state financial support for higher education. Does this affects low- and middle-income students greater than students from more affluent back grounds? - [EDConnect Update](https://www.collegeaidservices.net/2018/08/22/edconnect-update/) - FSA Tech released guidance on how to resolve the EDConnect Transmission issue. - [FAFSA Simplification Introduced in Congress](https://www.collegeaidservices.net/2018/08/23/fafsa-simplification-introduced-in-congress/) - On August 20, 2018, a group of Democrats re-introduced a bill to streamline the federal financial aid process. - [What happened to Gainful Employment Regulations?](https://www.collegeaidservices.net/2018/08/23/what-happened-to-gainful-employment-regulations/) - Gainful employment regulations came were established to respond to evidence that fraud, misrepresentation and unethical behavior were pervasive within the for-profit sector of higher education. Is repealing these regulations a good thing? - [Do you have all your FSA consumer information disclosures available?](https://www.collegeaidservices.net/2018/08/25/do-you-have-all-your-fsa-consumer-information-disclosures-available/) - There are 59 Title IV consumer disclosure requirements. Are you sure that you have got them all? - [New tax transcript to better protect taxpayer data](https://www.collegeaidservices.net/2018/08/24/new-tax-transcript-to-better-protect-taxpayer-data/) - Improving the verification process - [FSATECH Announces 2019-20 EDExpress Draft Updates](https://www.collegeaidservices.net/2018/09/04/fsatech-announces-2019-20-edxpress-draft-updates/) - If you are a Higher Education Software Developer, it is important that you take note of these important changes. - [Bundle 49 9.2 Overview](https://www.collegeaidservices.net/2018/09/04/bundle-49-9-2-overview/) - A brief overview on the changes to Campus Solutions Bundle 49 9.2 Financial Aid module. - [Make sure to update to EDConnect Message Class Table](https://www.collegeaidservices.net/2018/09/05/make-sure-to-update-to-edconnect-message-class-table/) - Did you get your MESSAGTB update? FSATECH announced the release of four new message classes for EDConnect. - [Bartnicki Bulletin - GE, Phishing, Verification, FSA Mobile App](https://www.collegeaidservices.net/2018/09/06/bartnicki-bulletin-ge-phishing-verification-fsa-mobile-app/) - Some updates from the Atlanta FSA Office. - [Posting of the 2019-2020 EDExpress for Windows Packaging Technical Reference](https://www.collegeaidservices.net/2018/09/07/posting-of-the-2019-2020-edexpress-for-windows-packaging-technical-reference/) - The 2019-20 financial aid application cycle is about to begin. Make sure you are ready to start receiving and reviewing financial aid applications. - [CAS Making a Difference](https://www.collegeaidservices.net/2018/09/10/cas-making-a-difference/) - Are you looking to help kids in need? The deadline to make your charitable donation is October 3 so there is still time. The team at College Aid Services is working to give back to the community by raising funds for the Team for Kids Charity at the New York City Marathon. - [Does a difficult financial aid process impact student success?](https://www.collegeaidservices.net/2018/09/11/does-a-difficult-financial-aid-process-impact-student-success/) - Student life-cycle reviews can help organizations improve student success. Contact CAS today to find out how we can help. - [Hurricane Florence Disaster Relief Guidance](https://www.collegeaidservices.net/2018/09/12/hurricane-florence-disaster-relief-guidance/) - To help affected parties to act quickly whenever the President declares a disaster, the Secretary is providing this general guidance for regulatory relief to students, institutions, lenders, guaranty agencies, and their servicers in administering the federal student financial aid programs authorized by Title IV of the Higher Education Act of 1965, as amended (HEA). - [A blow to DeVos as Obama-era Loan Regulation upheld in Federal Court](https://www.collegeaidservices.net/2018/09/13/borrower-defense-rule-upheld/) - The Obama administration created the rule in the wake of revelations that some for-profit colleges enticed students with promises of an education and diplomas that would allow them to get jobs in their chosen fields. These regulations were put in place to protect students and the Trump Administration tried to stall the implementation of the rule. - [Did you remember to promote Constitution Day?](https://www.collegeaidservices.net/2018/09/19/did-you-remember-to-promote-constitution-day/) - Did you promote Constitution Day? Did you know that there are resources available to help plan your activities? - [Tax Transcript Changes Are Coming](https://www.collegeaidservices.net/2018/09/20/tax-transcript-changes-are-coming/) - Effective September 23, 2018, financial aid offices will experience a change in the information obtained on a tax transcript. - [Happy Financial Aid Day!](https://www.collegeaidservices.net/2018/10/17/happy-financial-aid-day/) - Are you a Financial Aid Administrator? Thank you for being a Superhero! - [New Year Roll Webinar Series Announcement](https://www.collegeaidservices.net/2018/10/18/new-year-roll-webinar-series-announcement/) - Are you are Banner or PowerFAIDS User? If so, setting up your system at the beginning of the year is essential and these FREE webinar sessions may help you when solving some of your greatest challenges from the prior year. - [CPS Resumes Selective Service System Match on January 31, 2019](https://www.collegeaidservices.net/2019/01/31/cps-resumes-selective-service-system-match-on-january-31-2019/) - On January 31, 2019, the Central Processing System (CPS) resumed its daily match with the Selective Service System (SSS) for both 2018-19 and 2019-20. We have also begun reprocessing 2018-19 and 2019-20 application and correction records impacted by the Selective Service System (SSS) match bypass that occurred during the recent federal government shutdown. - [Executive Order on Improving Free Inquiry, Transparency, and Accountability at Colleges and Universities](https://www.collegeaidservices.net/2019/03/29/executive-order-on-improving-free-inquiry-transparency-and-accountability-at-colleges-and-universities/) - On March 21, 2019, President Trump signed an Executive Order (EO) setting guidelines to ensure institutions of higher education that receive federal research or education grants promote freedom of speech and to establish additional policies related to federal student aid. - [Notice of the Draft 2020–21 Federal Student Aid Application Materials](https://www.collegeaidservices.net/2019/04/05/notice-of-the-draft-2020-21-federal-student-aid-application-materials/) - Updated 10/1/19: If you are looking for the 2020-21 FAFSA app, please visit: https://studentaid.ed.gov/sa/fafsa Draft versions of the proposed 2020–21 Free Application for Federal Student Aid (FAFSA®) form, the Student Aid Report (SAR) and the SAR Acknowledgement are available for public comment. These forms are used by individuals applying for federal student aid. The federal - [Student Loan Interest Rates for the 2019-20 Award Year to Drop Following Treasury Note Auction](https://www.collegeaidservices.net/2019/05/10/student-loan-interest-rates-for-the-2019-20-award-year-to-drop-following-treasury-note-auction/) - The interest rate for federal Direct Loans first disbursed on or after July 1, 2019 will decrease from 5.045% to 4.529% for undergraduate Direct Loans, from 6.595% to 6.079% for graduate/professional Direct Unsubsidized Loans, and from 7.595% to 7.079% for Parent and Grad PLUS loans. - [Gainful Employment regulations rescinded by the Department of Education](https://www.collegeaidservices.net/2019/06/29/gainful-employment-regulations-rescinded-by-the-department-of-education/) - Betsy DeVos has rescinded the Obama era gainful employment (GE) regulations (2014 Rule). The 2014 Rule was developed in response to concerns about poor outcomes among GE programs that left students with debt that was outsized, relative to student earnings in the early years of student loan repayment. The department felt the 2014 Rule was - [FSA 2020-2021 ISIR Guide now available](https://www.collegeaidservices.net/2019/08/11/fsa-2020-2021-isir-guide-now-available/) - The ISIR Guide assists financial aid administrators with interpreting student information on the Institutional Student Information Record. - [Hampton University to Offer Free Enrollment, Room & Board to University of the Bahamas Students Displaced by Hurricane Dorian](https://www.collegeaidservices.net/2019/09/10/hampton-university-to-offer-free-enrollment-room-board-to-university-of-the-bahamas-students-displaced-by-hurricane-dorian/) - In an effort to help those students and families affected by Hurricane Dorian, Hampton University is entering into an agreement with the University of the Bahamas-North to allow students who have been displaced by the hurricane to continue their education on HU’s campus. - [EDExpress for Windows 2020-2021 Packaging Technical Reference Available on FSAdownload](https://www.collegeaidservices.net/2019/09/10/edexpress-for-windows-2020-2021-packaging-technical-reference-available-on-fsadownload/) - The U.S. Department of Education announced the posting of the 2020-2021 EDExpress for Windows Packaging Technical Reference in PDF format on the FSAdownload website. - [The Department of Education announced that it will reimburse for Perkins Loan Service Cancellations](https://www.collegeaidservices.net/2019/09/12/the-department-of-education-announced-that-it-will-reimburse-for-perkins-loan-service-cancellations/) - Later this year, the Department will be sending institutions participating in the Perkins Loan program a letter which will specify the amount of the reimbursement for Perkins Loan Service Cancellations. - [New Report Highlights Challenges Student Parents in College Are Facing While Completing Their Degree](https://www.collegeaidservices.net/2019/09/16/new-report-highlights-challenges-student-parents-in-college-are-facing-while-completing-their-degree/) - Many colleges do not provide student parents with information about options to increase financial aid to pay for child care, the report recommends that Department of Education work with schools to inform students of their options. - [New Bipartisan Financial Aid Communication and Transparency (FACT) Act Introduced](https://www.collegeaidservices.net/2019/09/18/new-bipartisan-financial-aid-communication-and-transparency-fact-act-introduced/) - Legislation endorsed by National Association of Student Financial Aid Administrators (NASFAA), National College Access Network (NCAN), National Association for College Admission Counseling (NACAC), and supported by uAspire. - [The 2020–21 FAFSA form is available on 10/1/19](https://www.collegeaidservices.net/2019/09/25/the-2020-21-fafsa-form-is-available-on-10-1-19/) - The 2020-21 FASFA form will be available on fafsa.gov or via the myStudentAid mobile app. - [FY 2016 Official Cohort Default Rates Distributed](https://www.collegeaidservices.net/2019/09/25/fy-2016-official-cohort-default-rates-distributed/) - On September 23, 2019, the Department of Education distributed the FY 2016 official cohort default rate (CDR) notification packages to all eligible domestic and foreign schools. The rates were publicly released on September 25, 2019. - [Happy FAFSA Day! The 2020-21 FAFSA form is now available](https://www.collegeaidservices.net/2019/10/01/happy-fafsa-day-the-2020-21-fafsa-form-is-now-available/) - The 2020–21 Free Application for Federal Student Aid (FAFSA®) form is now available via fafsa.gov. - [Webinar: 2021-22 Verification Update (Recording)](https://www.collegeaidservices.net/2021/03/25/webinar-2021-22-verification-update-recording/) - This webinar will be an overview of federal verification requirements to review the 2021-22 federal verification requirements. We will also share resources available to monitor regulations and guidance from ED.2021-22 Verification Update 2021-2022 Verification UpdateBroadcast date: Thursday, March 25, 2021 This webinar will be an overview of federal verification requirements to review the 2021-22 federal verification requirements. There have not been any significant changes to the federal verification requirements, however, we will review the most recent guidance. We will also share resources available to - [U.S Department of Education Releases COVID-19 Handbook for reopening in-person instruction](https://www.collegeaidservices.net/2021/06/04/u-s-department-of-education-releases-covid-19-handbook-for-reopening-in-person-instruction/) - U.S Department of Education Releases COVID-19 Handbook Volume 3: Strategies for Safe Operation and Addressing the Impact of COVID-19 on Higher Education Students, Faculty, and Staff - [ICYMI: WEBINAR: Lessons from the Field - Strategies for Supporting College and University Students Holistically and Safely: CDC Guidance and Best Practice](https://www.collegeaidservices.net/2021/06/15/strategies-for-supporting-college-and-university-students-holistically-and-safely-cdc-guidance-and-best-practice/) - On Wednesday June 9th, the U.S. Department of Education hosted a webinar that provided strategies for approaching campus reopenings. The webinar featured the following panelists: Jonathan S. Yoder, MSW, MPH: Lead, Community Intervention & Critical Populations, Task Force, Centers for Disease Control and Prevention Shannon Stokley, DrPH: Vaccine Task Force, Centers for Disease Control and Prevention Nick - [FSA Posts Quarterly Portfolio Reports](https://www.collegeaidservices.net/2022/12/08/fsa-posts-quarterly-portfolio-reports/) - FSA released new quarterly portfolio reports with key data and other information about the American student aid programs from September 30, 2022. - [2022 Virtual FSA Conference – On-Demand Access Available Until March 2023](https://www.collegeaidservices.net/2022/12/06/2022-virtual-fsa-conference-on-demand-access-available-until-march-2023/) - The 2022 Virtual FSA Training Conference Event Platform has all sessions on-demand until March 3, 2023. - [FSA FY 2023–27 Strategic Plan](https://www.collegeaidservices.net/2022/12/03/fsa-fy-2023-27-strategic-plan/) - FSA posted their final Five-Year Strategic Plan for Fiscal Years 2023–27 on the Federal Student Aid Data Center. - [Fresh Start Initiative Guidance to Guaranty Agencies](https://www.collegeaidservices.net/2022/12/02/fresh-start-initiative-guidance-to-guaranty-agencies/) - This letter informs GAs of their obligations regarding FFEL Program loans that are in default in accordance with the Fresh Start Initiative. - [FSA Conference: November 29 - December 1](https://www.collegeaidservices.net/2022/11/29/fsa-conference-november-29-december-1/) - The 2022 Virtual Federal Student Aid Training Conference for financial aid professionals will run Nov. 29–Dec. 2. - [Upcoming Special NSLDS Postscreening for Unusual Enrollment History](https://www.collegeaidservices.net/2022/11/23/upcoming-special-nslds-postscreening-for-unusual-enrollment-history/) - In addition to the NSLDS postscreening for the 2023–24 & 2022–23 award years completed each week, FSA will complete a special NSLDS postscreening this week. - [President Biden Extends Student Loan Repayment Pause](https://www.collegeaidservices.net/2022/11/22/president-biden-extends-student-loan-repayment-pause/) - ED announced an extension of the pause on student loan repayment, interest, and collections. - [Publication of the 2024-25 Draft Student Aid Index and Pell Grant Eligibility Guide](https://www.collegeaidservices.net/2022/11/22/publication-of-the-2024-25-draft-student-aid-index-and-pell-grant-eligibility-guide/) - FSA posted the 2024-25 Draft Student Aid Index and Pell Grant Eligibility Guide on the FSA Knowledge Center website. - [Resolving Payment Period Start Date and Payment Period End Date Reporting Issues](https://www.collegeaidservices.net/2022/11/18/resolving-payment-period-start-date-and-payment-period-end-date-reporting-issues/) - This announcement provides information about resolving issues when reporting the Payment Period Start Date & Payment Period End Date for each new disbursement. ## Pages - [College Aid Services](https://www.collegeaidservices.net/) - College Aid Services is a higher education consulting firm focusing in the areas of Financial Aid, Admissions, Student Accounts, Registrar, and Enrollment Management. Our team of consultants is ready to help with on-site or remote interim staffing, temporary department leadership during a transition, systems training and more. - [About College Aid Services](https://www.collegeaidservices.net/college-aid-services/about-college-aid-services/) - College Aid Services partners with higher education institutions to deliver expert support in staffing, compliance, operations, technology, training, and workforce solutions that strengthen financial aid and student success. - [Privacy Policy](https://www.collegeaidservices.net/privacy-policy/) - College Aid Services Privacy Policy - [Webinars](https://www.collegeaidservices.net/webinars/) - Join College Aid Services’ webinar series to gain practical insights, strengthen professional knowledge, and enhance operational performance with expert presentations and live Q&A sessions designed for higher education professionals. - [Raymond Nault Jr., Ed.D.](https://www.collegeaidservices.net/college-aid-services/our-team/raymond-nault-jr/) - Raymond Nault Jr. is President and CEO of College Aid Services, LLC. - [Alex Fuentes, MBA](https://www.collegeaidservices.net/college-aid-services/our-team/alex-fuentes/) - Alex Fuentes is the Executive Vice President and Chief Operating Officer for College Aid Services. - [Carter Nault](https://www.collegeaidservices.net/college-aid-services/our-team/carter-nault/) - Carter Nault is an Office Assistant at College Aid Services, LLC. - [Our Team](https://www.collegeaidservices.net/college-aid-services/our-team/) - As practicing enrollment managers, our dedicated team is trained to assist admission, financial aid, student account and enrollment offices with any challenge. - [Dylan Nault](https://www.collegeaidservices.net/college-aid-services/our-team/dylan-nault/) - Dylan Nault is a Client Engagement Coordinator College Aid Services. - [Dustin Grannis](https://www.collegeaidservices.net/college-aid-services/our-team/dustin-j-grannis/) - Dustin Grannis is a Compliance Manager at College Aid Services, LLC - [Brian Malone](https://www.collegeaidservices.net/college-aid-services/our-team/brian-malone/) - Brian Malone is a Senior Consultant at College Aid Services. - [Jeremy Greenhouse](https://www.collegeaidservices.net/college-aid-services/our-team/jeremy-greenhouse/) - Jeremy Greenhouse is a Technology Consultant with College Aid Services. - [Emelie Corporan](https://www.collegeaidservices.net/college-aid-services/our-team/emelie-corporan/) - Emelie Corporan is a project manager at College Aid Services. - [Beatriz Ruiz](https://www.collegeaidservices.net/college-aid-services/our-team/beatriz-ruiz/) - Beatriz Ruiz is a Consultant at College Aid Services. - [Amy Smith](https://www.collegeaidservices.net/college-aid-services/our-team/amy-smith/) - Amy Smith is a Senior Consultant at College Aid Services. - [Diana Sanders](https://www.collegeaidservices.net/college-aid-services/our-team/diana-sanders/) - Diana Sanders is a Senior Consultant with College Aid Services. - [Brandi Stanfill](https://www.collegeaidservices.net/college-aid-services/our-team/brandi-stanfill/) - Brandi Stanfill is a Consultant at College Aid Services, LLC. - [Business Process Reviews & Assessments (CAP)](https://www.collegeaidservices.net/college-aid-services/process-reviews/) - The Comprehensive Assessment Program (CAP) is a thorough evaluation that involves our team of experts assessing your institution’s operations. The program is designed to help your office optimize aid processes, improve operational efficiency, and reinforce compliance. - [Cookie Policy](https://www.collegeaidservices.net/cookie-policy/) - College Aid Services Cookies Policy - [Aaron Gray](https://www.collegeaidservices.net/college-aid-services/our-team/aaron-gray/) - Aaron Gray is a Consultant at College Aid Services, LLC. - [Lindsay Driskell](https://www.collegeaidservices.net/college-aid-services/our-team/lindsay-driskell/) - Lindsay Driskell is a Senior Consultant with College Aid Services, LLC. - [Kenneth McGhee](https://www.collegeaidservices.net/college-aid-services/our-team/kenneth-mcghee/) - Kenneth McGhee is a Senior Consultant with College Aid Services, LLC. - [Brenda Burney](https://www.collegeaidservices.net/college-aid-services/our-team/brenda-burney/) - Brenda Burney is a Senior Consultant with College Aid Services, LLC. - [Sara Lopez](https://www.collegeaidservices.net/college-aid-services/our-team/sara-lopez/) - Sara Lopez is Director of Compliance at College Aid Services, LLC. - [Clients and Testimonials](https://www.collegeaidservices.net/college-aid-services/clients-and-testimonials/) - Read testimonials from past clients of College Aid Services. We LOVE our clients! - [Our Services](https://www.collegeaidservices.net/college-aid-services/our-services/) - From Interim Staffing to Remote Processing and Compliance Assessments, College Aid Services takes pride in providing customized solutions that meet your specific need. - [Interim Staffing for Financial Aid and Higher Education Administration](https://www.collegeaidservices.net/college-aid-services/interim-financial-aid-staffing/) - College Aid Services provides experienced interim staff and outsourcing solutions for Financial Aid, Registrar, Student Accounts, Admissions and Enrollment Management offices — on-site, remote, or hybrid. - [Remote Solutions & Processing](https://www.collegeaidservices.net/college-aid-services/remote-solutions/) - College Aid Services offers a wide variety of remote administrative processing and outsourcing services, including student verification. - [Brenda M. 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[Tiffany Benson](https://www.collegeaidservices.net/college-aid-services/our-team/tiffany-benson/) - Tiffany Benson is a Senior Consultant at College Aid Services, LLC. - [America Bryant](https://www.collegeaidservices.net/college-aid-services/our-team/america-bryant/) - America Bryant is a Senior Consultant at College Aid Services, LLC. - [Kim Campbell](https://www.collegeaidservices.net/college-aid-services/our-team/kim-campbell/) - Kim Campbell is a Senior Consultant at College Aid Services, LLC. - [James Chiara](https://www.collegeaidservices.net/college-aid-services/our-team/james-chiara/) - James Chiara is a Consultant at College Aid Services, LLC. - [Nancy da Silva](https://www.collegeaidservices.net/college-aid-services/our-team/nancy-da-silva/) - Nancy da Silva is a Consultant at College Aid Services, LLC. - [Cathy Demchak](https://www.collegeaidservices.net/college-aid-services/our-team/cathy-demchak/) - Cathy Demchak is a Consultant at College Aid Services, LLC. - [Joel Depue](https://www.collegeaidservices.net/college-aid-services/our-team/joel-depue/) - Joel Depue is an Executiver Consultant at College Aid Services, LLC. - [Nanette DiLauro](https://www.collegeaidservices.net/college-aid-services/our-team/nanette-dilauro/) - Nanette DiLauro is a Senior Consultant at College Aid Services, LLC. - [Daniel Eberhart](https://www.collegeaidservices.net/college-aid-services/our-team/daniel-eberhart/) - Daniel Eberhart is a Technology Consultant at College Aid Services, LLC. - [Brandi Esuzor](https://www.collegeaidservices.net/college-aid-services/our-team/brandi-esuzor/) - Brandi Esuzor is a Senior Consultant at College Aid Services, LLC. - [Alexis Fishbone](https://www.collegeaidservices.net/college-aid-services/our-team/alexis-fishbone/) - Alexis Fishbone is an Executive Consultant at College Aid Services, LLC. - [Chrystal Jefferson](https://www.collegeaidservices.net/college-aid-services/our-team/chrystal-jefferson/) - Chrystal Jefferson is a Consultant at College Aid Services, LLC. - [Latrice Jones](https://www.collegeaidservices.net/college-aid-services/our-team/latrice-jones/) - Latrice Jones is an Associate Consultant at College Aid Services, LLC. - [Markus-Daniel Jones](https://www.collegeaidservices.net/college-aid-services/our-team/markus-daniel-jones/) - Markus-Daniel Jones is the Operations Manager at College Aid Services, LLC. - [Sara Kaufman](https://www.collegeaidservices.net/college-aid-services/our-team/sara-kaufman/) - Sara Kaufman is a Senior Consultant at College Aid Services, LLC. - [Anna Kelly](https://www.collegeaidservices.net/college-aid-services/our-team/anna-kelly/) - Anna Kelly is a Senior Consultant at College Aid Services, LLC. - [Stephanie McCarter](https://www.collegeaidservices.net/college-aid-services/our-team/stephanie-mccarter/) - Stephanie McCarter is a Consultant at College Aid Services, LLC. - [Cristi Millard](https://www.collegeaidservices.net/college-aid-services/our-team/cristi-millard/) - Cristi Millard is a Senior Consultant at College Aid Services, LLC. - [Jose Morales](https://www.collegeaidservices.net/college-aid-services/our-team/jose-morales/) - Jose Morales is a Consultant at College Aid Services, LLC - [Magdalen Moser](https://www.collegeaidservices.net/college-aid-services/our-team/magdalen-moser/) - Magdalen Moser is a Consultant at College Aid Services, LLC. - [Justin Pichey](https://www.collegeaidservices.net/college-aid-services/our-team/justin-pichey/) - Justin Pichey is a Consultant at College Aid Services, LLC. - [Tracey Richards](https://www.collegeaidservices.net/college-aid-services/our-team/tracey-richards/) - Tracey Richards is a Senior Consultant at College Aid Services, LLC. - [Anafe Robinson](https://www.collegeaidservices.net/college-aid-services/our-team/anafe-robinson/) - Anafe Robinson is a Senior Consultant at College Aid Services, LLC. - [Reba Smith](https://www.collegeaidservices.net/college-aid-services/our-team/reba-smith/) - Dr. Reba Smith is a Senior Consultant at College Aid Services, LLC. - [Steven Smith](https://www.collegeaidservices.net/college-aid-services/our-team/steven-smith/) - Steven Smith is a Consultant at College Aid Services, LLC. - [Christina Tangalakis](https://www.collegeaidservices.net/college-aid-services/our-team/christina-tangalakis/) - Christina Tangalakis is a Senior Consultant at College Aid Services. - [Kristie Teasley](https://www.collegeaidservices.net/college-aid-services/our-team/kristie-teasley/) - Kristie Teasley is a Consultant at College Aid Services, LLC. - [Bryan Wallander](https://www.collegeaidservices.net/college-aid-services/our-team/bryan-wallander/) - Bryan Wallander is a Senior Consultant at College Aid Services, LLC. - [Christa Watson](https://www.collegeaidservices.net/college-aid-services/our-team/christa-watson/) - Christa Watson is a Consultant at College Aid Services, LLC. - [Chad Wick](https://www.collegeaidservices.net/college-aid-services/our-team/chad-wick/) - Chad Wick is a Senior Consultant at College Aid Services, LLC. - [Callie Zake](https://www.collegeaidservices.net/college-aid-services/our-team/callie-zake/) - Callie Zake is a Senior Consultant at College Aid Services, LLC. - [Wyatt Nault](https://www.collegeaidservices.net/college-aid-services/our-team/wyatt-nault/) - Wyatt Nault is an office assistant at College Aid Services - [Eddie Salazar](https://www.collegeaidservices.net/college-aid-services/our-team/eddie-salazar/) - Eddie Salazar is a Consultant at College Aid Services, LLC - [Marko Dilber](https://www.collegeaidservices.net/college-aid-services/our-team/marko-dilber/) - Marko Dilber is a Technology Consultant at College Aid Services, LLC. - [Technology Solutions & Support](https://www.collegeaidservices.net/college-aid-services/technology-solutions/) - College Aid Services helps higher education institutions maximize their technology investments with expert support, system optimization, training, and tailored solutions to improve financial aid and enrollment operations. - [Title IV Compliance Support](https://www.collegeaidservices.net/college-aid-services/title-iv-compliance-support/) - Ensure federal Title IV compliance with expert support from College Aid Services — including assessments, audits, policy reviews, training, and program-review preparation to help institutions maintain regulatory requirements and operational confidence. - [Campus Genie Marketing](https://www.collegeaidservices.net/college-aid-services/campus-genie/) - Higher Education communications made simple. Track student behavior, customize communications and create interactive journeys that help you attract the right students. - [Training & Executive Coaching](https://www.collegeaidservices.net/college-aid-services/training-executive-coaching/) - Whether you are implementing a new technology or responding to changes in regulations, College Aid Services can provide customized training and executive coaching to assist your team. - [Business Intelligence Analytics & Enrollment Modeling](https://www.collegeaidservices.net/college-aid-services/business-intelligence/) - College Aid Services provides real-time analytics for our clients that lead to data-informed decision-making. - [Contact Us](https://www.collegeaidservices.net/contact-us/) - Reach us by calling us at 833-438-2271 or email info@collegeaidservices.net - [Leida Nieves](https://www.collegeaidservices.net/college-aid-services/our-team/leida-nieves/) - Leida Nieves is a Consultant at College Aid Services, LLC. - [Angelique Irving](https://www.collegeaidservices.net/college-aid-services/our-team/angelique-irving/) - Angelique Irving is aConsultant at College Aid Services, LLC. - [Remote Solutions & Processing](https://www.collegeaidservices.net/college-aid-services/remote-solutions-and-issac-verification/) - We offer a wide variety of remote administrative processing, including student verification. - [Join Our Team](https://www.collegeaidservices.net/college-aid-services/about-college-aid-services/careers/) - View available job opportunities at College Aid Services and join our dynamic team of professionals. 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