Early Awareness E-News August 2025Vol. 17 – Issue 8 Summary of Budget Reconciliation Changes for Students and Parents When it comes to paying for college, many students and parents face uncertainty. Borrowing Parent Loans – 2026 and beyond It’s hard to find an equilibrium. Department of Education seeking emergency approval for updates to the 2026-27
Early Awareness E-News – August 2025 Read More »
By Marlene Seeklander Student loan borrowers enrolled in the SAVE (Saving on a Valuable Education) program will see interest accrual begin once again. SAVE participants were placed in a zero-interest forbearance period but will see that end on July 31 and interest accrual begin on August 1. Loan repayment amounts for the SAVE program borrowers will
SAVE program zero-interest period ends July 31 Read More »
By Marlene Seeklander Starting your senior year is an exciting time. During your senior year, you will finalize your college choice. This year will be filled with admission applications, scholarship essays, financial aid information, and the need to meet deadlines. Throughout your senior year, continue to build your resume by achieving academic success, as well as
August tasks for high school seniors Read More »
By Marlene Seeklander The StudentAid.gov site will be unavailable August 2-3, 2025. Federal Student Aid announced that they are completing maintenance to the StudentAid.gov site on August 2-3. Beginning on Saturday, August 2 at 5 p.m. (Eastern) until approximately Noon (Eastern) on Sunday, August 3 the site will be unavailable. Users will not be able to log
Upcoming outage alert for StudentAid.gov Read More »
By Marlene Seeklander Schools now have a report available to assist them in understanding the delinquency and default risks of their most recent borrowers – something that will be important as cohort default rates potentially rise. In a July 23 Electronic Announcement, the Department of Education announced the availability of the nonpayment rates by institution report, available
Tip of the Week Department of Education seeking emergency approval for updates to the 2026-27 FAFSA The Department of Education is calling for emergency action to ensure a timely release of the 2026-27 FAFSA. In a Federal Register Notice published on July 29, the Department of Education is requesting emergency processing and Office of Budget
Tip of the Week – July 30, 2025 Read More »
Higher Ed News Vol. 17 – Issue 15 Certain Budget Reconciliation Bill changes effective upon enactment Financial aid administrators will want to make note that certain provisions of the Budget Reconciliation Bill were effective upon enactment. Borrowing Parent Loans – 2026 and beyond It’s hard to find an equilibrium. Changes to V4 and V5 verification
Mapping Your Future Higher Ed News – July 24, 2025 Read More »
By Marlene Seeklander Financial aid administrators will want to make note that certain provisions of the Budget Reconciliation Bill were effective upon enactment. While many of the changes through the Budget Reconciliation Bill are not effective until July 1, 2026, and in subsequent years, some provisions were effective immediately upon enactment of the bill. In a
Certain Budget Reconciliation Bill changes effective upon enactment Read More »
By Marlene Seeklander To cut down on potential fraud and streamline processes, the Department of Education outlined instructions for the V4 and V5 verification groups in the latest Federal Register and as an update to an earlier Dear Colleague Letter. In the July 22 Federal Register Notice and July 22 Dear Colleague Letter update, the Department
Changes to V4 and V5 verification tracking groups for 2025-26 Read More »
By Marlene Seeklander Schools and other entities that want to test their processing system for 2026-27 can use a test data file that is available from Federal Student Aid. Federal Student Aid (FSA) announced the availability of a 2026–27 Institutional Student Information Record (ISIR) test data file that can be used by schools, state agencies, software providers, and other
Test ISIR data file available for 2026-27 Read More »
