Millions of student loan borrowers in default, totaling billions of dollars

More than 9 million borrowers with $220 billion in outstanding federal student loans are in default, according to the latest data available.

Department of Education offers guidance on which programs to add to federal report

In what is likely an attempt to have all bases covered, schools have been adding programs to the Eligibility and Certification Approval Report (ECAR) that aren’t required.

Enhancements to FSA Partner Connect to improve user experience

Financial aid professionals entering the “digital front door” for Federal Student Aid (aka FSA Partner Connect) will notice some enhancements to the platform.

2027-28 Student Aid Index (SAI) and Pell Grant Eligibility Guide now available

Financial aid professionals now have access to financial aid eligibility calculations for the 2027-28 award year with the release of a new guide from the Department of Education.

FSA Training Center to update award-year specific training courses

The clock is ticking for financial aid professionals to complete award-year specific training courses on the FSA Training Center.

Federal student loan borrowers to get rate reduction for enrollment in autopay

Federal student loan borrowers could save some money on their student loans if they enroll in autopay.

Updated interest rate information available on Mapping Your Future website

July is just around the corner and that means student loan borrowers will see slightly higher interest rates starting July 1.

Updated guide for helping students who have exceeded student loan limitations

As new federal student loan limitations are implemented, financial aid professionals may see more students who have exceeded Federal Direct Loan annual or aggregate loan limits.

Reporting Federal Work-Study Earnings to COD System for 2025 calendar year

Financial aid professionals now have instructions for the reporting of student-level earnings for the Federal Work-Study (FWS) program for the 2025 calendar year.

Achieving the dream; the greatness of financial aid

A time to celebrate.