Author name: mappingyourfuturebeth

US Department of Education building

Schools required to notify Department about change in ownership

By Catherine Mueller Only a portion of postsecondary institutions are likely impacted by the regulation, but for those that could be affected, compliance is important for continued Title IV funding. In a May 6 Electronic Announcement, The Department of Education reminded schools about the regulation, effective last July, that requires schools to notify them of a change

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Gadgets and technology. Diverse people using smart devices, students preparing for exam at campus, top view

Reminder to check websites before entering personal information

By Catherine Mueller Unfortunately, we are all the target of online scammers. Because of all the personal information being entered, students and parents need to be especially careful about what emails they open, what links they click on, and what websites they visit. Although it’s always been a problem, legitimate websites are being spoofed – sometimes

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Interest rate information updated

By Beth Ziehmer New student loan borrowers will be facing higher interest rates starting July 1. To help students know the upcoming July 1 interest rates, Mapping Your Future staff recently updated several references to interest rates. The new rates were announced in a May 14 Electronic Announcement. Updates were completed on the: Contact the Mapping Your

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Computer keyboard with FAFSA button

Questions to determine who needs to contribute to a student’s FAFSA

By Catherine Mueller Even though a FAFSA belongs to a student, the student is usually not the only person with a role in completing it. To determine who, if anyone, should contribute to their FAFSA, a student should first determine if they are considered dependent or independent. The Department of Education provides a list of personal circumstances that

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US Department of Education building

Two new issues with student FAFSA data added to technical guide

By Catherine Mueller For those financial aid professionals tracking some of the known technical issues with the processing of student FAFSA records, another couple of updates were added to the list this week. The Department on May 22 added two alerts to the Technical FAQ and Known Issues Guide. The guide, which the Department says is “to

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Mapping Your Future Higher Ed News – May 23, 2024

Higher Ed News Vol. 16 – Issue 11 Interest rate information updated New student loan borrowers will be facing higher interest rates starting July 1. Questions to determine who needs to contribute to a student’s FAFSA Even though a FAFSA belongs to a student, the student is usually not the only person with a role

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Columns on the Supreme Court building

Answers to your questions about federal regulations in effect this summer

By Catherine Mueller It may not be all the help financial aid professionals need right now in dealing with changes in processes and regulations, but it may answer some questions. In a May 20 Electronic Announcement, the Department said it has received a number of policy questions from the higher education community regarding final regulations, in particular

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Columns on the Supreme Court building

Department posts final 2025-26 FISAP Form and related materials

By Catherine Mueller The job of completing reporting and application requirements to participate in Title IV financial aid programs can wait, but the materials to help institutions get ready for the project are available now. In a May 20 Electronic Announcement, the Department of Education said the Fiscal Operations Report for 2023–24 and Application to Participate for

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photo of an hourglass on a paper calendar

Holiday closings offer opportunity to take much-needed break

By Catherine Mueller Financial aid professionals have always worked long hours but that’s been especially true the past several months. Hopefully, the upcoming holiday weekend will provide an opportunity to get away from work. Federal offices, including the Department of Education and Federal Student Aid processors and contact centers will close for the Memorial Day federal

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