Higher Ed News

Vol. 18 – Issue 7

Mapping Your Future hosts scholarship strategies webinar – recording now available

Scholarships can sometimes mean the difference between having enough money for a college education or having to borrow student loans.  

FY 2023 Draft Cohort Default Rates available

Schools can begin reviewing their FY 2023 draft cohort default rate information and prepare to submit any necessary appeals.

Colleges reminded about new rules for returning federal financial aid funds

Financial aid professionals face some new requirements when it comes to returning federal funds for those students who don’t attend or withdraw.

Federal student loan borrowers on SAVE repayment plan must choose a new plan soon

Student loan borrowers on the now defunct federal SAVE plan now face a deadline for selecting a new repayment plan.

Minor updates coming to the 2027-28 FAFSA

The 2027-28 FASFA will include a few minor changes when it is released in the fall.

First step taken to move federal student loan administration to U.S. Treasury

The U.S. Department of Treasury will begin collecting on defaulted federal student loan loans in what is intended as the first step move federal student loans out of the Department of Education.

2026-27 processing cycle learning tracks available from Federal Student Aid

Financial aid professionals have additional training resources available as they work with 2026-27 FAFSA data.

2025-26 FSA Handbook Appendices now available, Department of Education to seek input on future content

The Department of Education released new content for the FSA Handbook and announced it will be seeking input from financial aid professionals as they “reimagine the content” of the handbook.

Financial pressure on Gen Z and their parents

 It’s tough to talk about money.

Enforcement approach for audited financial statements clarified by the Department of Education

In what may be a little break for financial aid professionals, the Department of Education recently outlined how it will enforce – or may not enforce for now – some of the requirements used to determine an institution’s financial responsibility.

April tasks for high school seniors

As your senior year winds down, don’t let yourself become distracted by solely focusing on celebrating graduation – stay focused and finish your high school career strong.

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