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Institutions reminded of approaching deadline for reporting of foreign ownership or income

By Marlene Seeklander Institutions with foreign ownership, gifts or contracts must submit disclosure reports with the federal government by the end of July. In a July 6 Electronic Announcement, the Department of Education reminded institutions of higher education (IHEs) the next date for submitting Section 117 disclosure reports is Friday, July 31, 2026. In the announcement, the […]

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Student Loan Simulator updated with new repayment plans

By Marlene Seeklander Student loan borrowers using the Student Loan Simulator tool at StudentAaid.gov will now see new repayment options. As of July 1, the new Repayment Assistance Plan as well as the new Tiered Standard Repayment Plan are available in the loan simulator. RAP is the newest income-driven repayment plan available to any borrower with

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Important financial aid processing volumes added to 2026-27 FSA Handbook

By Marlene Seeklander Financial aid professionals can now access two key volumes recently added to the 2026-27 FSA Handbook. The Department of Education announced that the following volumes of the 2026-27 FSA Handbook are now available: Volume 3: Academic Calendars, Cost of Attendance, and Packaging – provides information on academic calendars, payment periods, and disbursement requirements for

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Data submission deadline reminder for 2025-26 TEACH Grant

By Marlene Seeklander Schools participating in the TEACH Grant program face an important upcoming deadline for the 2025-26 award year. In a recent Electronic Announcement, the Department of Education announced that the closeout deadline for the 2025-26 award year for the Teacher Education Assistance for College and Higher Education (TEACH) Grant is September 30, 2026. This

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EDExpress Service Releases for 2025-26 and 2026-27 now available

By Marlene Seeklander EDExpress for Windows users have new service releases available for 2025-26 and 2026-27 that resolve software issues and update enrollment-related fields. In a July 1 Electronic Announcement, Federal Student Aid announced new service releases for EDExpress for Windows 2025–26, Release 2.0 and EDExpress for Windows 2026-27, Release 2.0. Updates in the service releases

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State Workforce Pell Certification Form now available

By Marlene Seeklander Schools seeking approval from the Department of Education to offer eligible workforce programs can now access the required certification form. In a July 1 Electronic Announcement, the Department of Education (the Department) announced that the State Workforce Pell Certification Form is now available for eligible institutions seeking approval from the Department. As part

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National Student Loan Data System (NSLDS) updates as a result of new provisions

By Marlene Seeklander When it comes to NSLDS reporting, financial aid professionals can leave some of the optional fields blank in the next report. However, in doing so, they are indicating their school’s intent to early implement some of the provisions of the Working Families Tax Cuts Act. In a July 1 Electronic Announcement, the Department

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Early Awareness E-News – July 2026

Early Awareness E-News July 2026Vol. 18 – Issue 7 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. Real-Time FAFSA results now available Students completing the FASA will no longer have to wait to view

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Tip of the Week – July 1, 2026

Tip of the Week It’s been a fireworks show For many of us, the highlight of July 4th is the fireworks show. It’s always been one of my favorite things, especially seeing the night sky light up with the vibrant colors and patterns produced by the fireworks and hearing the “oohs and aahs” of the

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July checklist for high school graduates

By Marlene Seeklander During your senior year, you made a lot of decisions, including finalizing your college choice. This year was filled with submitting admission applications, scholarship essays, financial aid information, and deadlines. Below are the tasks you should complete during the month of July: Congratulations! It’s time to get ready to start your life after

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