By Marlene Seeklander Schools that use Pell Grant Formula 1 and attended the recent webinar on the topic, can now download the materials. Federal Student Aid (FSA) has the presentation slides available for the webinar which was held on May 6. Materials can be downloaded by logging into the FSA Training Center (fsatraining.ed.gov) then going to
“Awarding With Pell Grant Formula 1” webinar materials now available Read More »
By Marlene Seeklander Financial aid professionals will now see loan amounts to the exact penny when viewing information on the National Student Loan Data System (NSLDS). The Department of Education provided a May 7 update to an Electronic Announcement published on April 24 that addressed NSLDS processing. The Department stated that in order to align with
A new look for financial data in student loan data system Read More »
By Marlene Seeklander For those financial aid professionals who want to get a head start on preparing for the 2027-28 Fiscal Operations Report for 2025-26 and Application to Participate for 2027-28 (FISAP), draft materials are now available. In a May 7 Electronic Announcement, the Department of Education provided draft versions of the FISAP, including instructions and
Financial aid professionals can prepare now for fall reporting and application process Read More »
By Marlene Seeklander As part of the process to participate in federal financial aid programs, all postsecondary institutions must regularly renew their registration with the federal government. In a May 5 Electronic Announcement, the Department of Education said an institution’s Unique Entity ID (UEI) must be verified in the General Services Administration System for Award Management (SAM)
Schools reminded of renewal of annual registration with federal government Read More »
By Marlene Seeklander Along with all of the tasks at the academic year end and the awarding of aid for the next year, financial aid professionals are also in the middle of implementing new federal student loan rules. On Friday, May 1, the Department of Education published the final regulations in the Federal Register for
Colleges implementing new rules for federal student loan programs Read More »
By Marlene Seeklander Several resources are now available for EDExpress users with Release 2.0 of the 2026-27 EDExpress for Windows software. Federal Student Aid recently announced the availability of EDExpress for Windows 2026-27, Release 2.0, which is available in the Software and Other Tools area of the Knowledge Center website. This release includes full Pell Grant, Direct
EDExpress for Windows 2026-27, Release 2.0 now available Read More »
Getting ready for the 2027-28 FAFSA Financial aid professionals are talented at juggling several tasks at the same time – like dealing with multiple award years. As the 2025-26 award year winds down, the 2027-28 award year seems to be in the distant future. After all, we still have the 2026-27 award year ahead of
Tip of the Week – May 6, 2026 Read More »
By Marlene Seeklander The Department of Education recently released an updated 2026-27 Federal School Code List, which plays a key role in the FAFSA. The Department announced the availability of the updated 2026–27 Federal School Code (FSC) List of Participating Schools. Although it’s usually not necessary, students can enter these codes on the FAFSA in order
Updated 2026-27 Federal School Code List released Read More »
Early Awareness E-News May 2026Vol. 18 – Issue 5 Continuing the financial literacy month celebration Financial literacy is a year-long concern. Combating Federal Student Aid fraud across the country Students and families should benefit from federal financial aid instead of criminals. Real-time fraud detection announced for FAFSA With fraud prevention becoming an increasingly critical issue,
Early Awareness E-News – May 2026 Read More »
By Marlene Seeklander As your senior year winds down, you may find yourself distracted with plans for prom, your graduation celebration, and summer. Don’t forget to stay focused on school so you can finish your high school career strong. Below is a checklist of things you should complete during the month of May:
May checklist for high school seniors Read More »
