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Access to FSA data systems contingent on confirmation of users

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By Marlene Seeklander In addition to verifying students for financial aid, schools must take action to verify that the appropriate staff have access to federal systems. In a recent Electronic Announcement, the Department reminds schools to verify user access for Federal Student Aid (FSA) systems and Student Aid Internet Gateway (SAIG) mailboxes by December 31. This

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FY 2023 national default rate briefing released

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By Marlene Seeklander The national student loan default rate rose slightly from 0% to .4% – after remaining at 0% for the past three years.    The Department of Education (the Department) released their FY 2023 national default briefing and, as expected, the FY 2023 cohort default rates were affected by the pause on federal

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Release of FY 2023 official cohort default rates

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By Marlene Seeklander Financial aid offices received their latest student loan default rates in late September. The Department of Education announced the distribution of the FY 2023 official cohort default rate (CDR) notification packages to schools enrolled in the Electronic Cohort Default Rate (eCDR) process via the Student Aid Internet Gateway (SAIG) mailbox. The package included

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Tip of the Week – October 7, 2026

Newsroom, Financial Literacy, Latest, Mapping Your Future features, Newsletters, Student Loans, Tip of the Week / By

Tip of the Week Dealing with student loan nonrepayment It’s not just a financial aid office issue. While higher education institutions are dealing with recruitment, enrollment and retention on the front end, student loan default is sneaking up on the back end. The FY 2023 default rates were just released last week and remain low

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2027-28 FAFSA Preview Presentation updated by Federal Student Aid

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By Marlene Seeklander Financial aid and college access professionals will want to review the 2027-28 FAFSA Presentation for a recent updated scenario. An October 5 update to a September 3 Electronic Announcement from Federal Student Aid (FSA) states that a missing slide about parent assets to the Dependent Student – Required Parent scenario has now been

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Mapping Your Future Higher Ed News – October 1, 2026

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Higher Ed News Vol. 18 – Issue 20 Updated reports posted by Federal Student Aid to FSA Data Center Student loans now total more than $1.7 trillion with nearly 14 percent or $234 billion of the federal student loan portfolio in default. 2027-28 FAFSA now available for all students and contributors Students and parents can

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Early Awareness E-News – October 2026

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Early Awareness E-News October 2026Vol. 18 – Issue 10 2027-28 FAFSA now available for all students and contributors Students and parents can now complete the 2027-28 FAFSA – in advance of the Congressionally mandated release date of October 1. Mapping Your Future offers FAFSA Presentation video Students and parents preparing to complete the 2027-28 FAFSA

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Defaulted Loans Support Center launched to assist borrowers with defaulted federal student loans

Newsroom, Department of Education, Student Loans / By

By Marlene Seeklander Borrowers with defaulted federal student loans could now get on the path to repayment with a new website aimed at helping them understand their options. In a September 30 press release, the U.S. Department of Education and the U.S. Department of the Treasury announced the launch of the Defaulted Loans Support Center. The

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The difference between sticker price and what you will pay for college

Newsroom, College preparation, Mapping Your Future features, Paying for College / By

By Catherine Mueller One look at a college’s sticker price and many students and their parents wonder how they will ever be able to afford higher education. The good news is that most students do not end up paying the full sticker price for college. That’s because many students receive some form of financial aid from

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October checklist for seniors

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By Catherine Mueller During your senior year, you will finalize your college choice. This year is 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 participating in extracurricular activities. Colleges are interested in well-rounded

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