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FAFSA Real-Time Fraud Detection screenshots now available

By Marlene Seeklander Financial aid professionals, counselors and others can now better advise students who are flagged for identity verification while completing the FAFSA. The Department of Education added an update on May 29 to a recent Electronic Announcement stating they have uploaded screenshots of what applicants see when they are completing the identity verification within […]

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Updated NSLDS Reports for Schools Guide now available

By Marlene Seeklander Financial aid professionals now have an updated guide to help them better understand the National Student Loan Data System (NSLDS) reports that are available. On June 4, the Department of Education announced that an updated NSLDS Reports for Schools Guide is now available. The June 2026 guide replaces the July 2024 version. Questions

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Interest rates on federal student loans to increase

By Marlene Seeklander Student loan borrowers will see slightly lower interest rates starting July 1 for Direct Loans borrowed on or after July 1, 2026. The new interest rates were announced by the Department of Education in a June 4 Electronic Announcement. The interest rate is a fixed rate for the life of the loan. For Direct

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Effective dates for Pell provisions clarified

By Marlene Seeklander Financial aid professionals don’t always get what they ask for, but the Department of Education has responded to a request for clarification on Pell provisions. In a June 4 Electronic Announcement, the Department of Education stated that some institutions have asked for further clarification of the provisions for the Workforce Pell and Federal

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Federal Need Analysis Methodology for the 2027-28 award year now available

By Marlene Seeklander With everything on their plate right now, most financial aid professionals are probably not thinking about the 2027-28 award year – yet. For those who like to plan ahead, the updates to the Federal Needs Analysis Methodology have been published for 2027-28. In a June 2 Federal Register Notice, the Secretary of

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Best Practices for preventing FAFSA fraud and protecting Title IV funds

By Marlene Seeklander Financial aid professionals and others on the campus can look to the proven practices of other institutions to help prevent FAFSA fraud and protect federal student aid funds. In a May 29 Electronic Announcement, the Department of Education provided a comprehensive list of best practices that institutions may want to consider as they

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Real-Time FAFSA results now available

By Marlene Seeklander Students completing the FASA will no longer have to wait to view their FAFSA Submission Summary. In a June 1 Electronic Announcement, the Department of Education announced that they have launched a processing enhancement that allows students to immediately view their FAFSA Submission Summary when signing and submitting an initial application or correction

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Early Awareness E-News – June 2026

Early Awareness E-News June 2026Vol. 18 – Issue 6 Class of 2026 sets FAFSA completion record The class of 2026 has already done great things by setting an all-time high completion rate for the Free Application for Federal Student Aid (FAFSA). 2026-2027 ACT test dates now available Even though summer break just started for many

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June checklist for high school seniors

By Marlene Seeklander Congratulations on your graduation from high school! For most people, it’s one of the big milestones in life. Like most high school graduates, you may be just now catching your breath after all the activity surrounding the end of the senior year. It’s a good time for you to relax and reflect on

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