By Marlene Seeklander Impacted by the pandemic pause on student loan repayments, the national student loan default rate remains at 0% for the second year in a row. The Department of Education (ED) released their FY 2021 national default briefing and, as expected, the FY 2021 cohort default rates were affected by the pause on
FY 2021 national default rate briefing released Read More »
Tip of the Week The impact through the years A long-time family friend recently turned 100 years old. It gave me pause to think about all he has seen and experienced in his 100 years and the impact it has had on his life. There have been several wars involving the United States, the moon
Tip of the Week – September 25, 2024 Read More »
By Catherine Mueller Students seeking financial aid for the 2025-26 academic year should plan to complete the FAFSA after December 1, 2024. Normally, the FAFSA is released on October 1, but the U.S. Department of Education is delaying the release of the FAFSA to have time for more testing. The testing is aimed at avoiding some
Students can complete the 2025-26 FAFSA in December Read More »
Higher Ed News Vol. 16 – Issue 20 Another opportunity to test the 2025-26 FAFSA now available Schools, colleges, and organizations can now apply to be a part of the next couple of rounds of testing for the 2025-26 FAFSA. 2025-2026 FAFSA information to be verified and acceptable documentation More tools are available for your
Mapping Your Future Higher Ed News – September 19, 2024 Read More »
Tip of the Week Remember, you’re not superhuman Sometimes we may feel superhuman or others may expect us to be superhuman. As another academic year settles in, a long “To Do” list continues. For financial aid administrators, this list includes some important reporting deadlines, along with information that may be requested of you by your
Tip of the Week – September 18, 2024 Read More »
By Marlene Seeklander Financial aid professionals can remove one deadline from an already busy fall calendar. The Department of Education announced that schools will have until January 15, 2025, to report required information and review the Completers Lists under the Financial Value Transparency (FVT) and Gainful Employment (GE) rules. The Department recognized that the additional
Updated deadline for Financial Value Transparency and Gainful Employment reporting Read More »
By Marlene Seeklander Schools, colleges, and organizations can now apply to be a part of the next couple of rounds of testing for the 2025-26 FAFSA. The Department of Education announced that community-based organizations, high schools, school districts representing multiple schools, county and state organizations, and higher education institutions can submit an interest form to participate
Another opportunity to test the 2025-26 FAFSA now available Read More »
By Marlene Seeklander The clock is ticking for a critical deadline for financial aid administrators. The Department of ED reminded schools that the deadline for submitting the Fiscal Operations Report for 2023-24 and the Application to Participate for 2025-26, also known as the FISAP, is October 1. Schools requesting Federal Supplemental Educational Opportunity Grant (FSEOG) or
Reminder: FISAP deadline October 1, 2024 Read More »
By Marlene Seeklander More tools are available for your 2025-26 award year planning. A recent Dear Colleague Letter from the Department details the changes in verification for 2025-26 and provides suggested text for schools to use. According to the Department, the verification process for 2025-26 is essentially unchanged. Federal tax information (FTI) transferred via the FA-DDX
2025-2026 FAFSA information to be verified and acceptable documentation Read More »
By Marlene Seeklander More training opportunities from the convenience of your office are coming your way. A recent announcement from Federal Student Aid (FSA) reminds schools of two upcoming Wednesday Webinars. These include the Federal Update on September 25 and Finding Answers Using FSA Resources on October 30. No registration is required for the webinars as
Upcoming FSA Wednesday Webinars Read More »
