Department of Education

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FSA offers “Mid-year Transfer Students” learning track

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By Marlene Seeklander Financial aid administrators often face a complex process for determining eligibility for mid-year transfer students. Mid-year transfer students – those who transfer from one school to another during the award year – understandably want to transfer their financial aid to their new school. However, the process of determining eligibility and packaging Title IV […]

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Holiday hours for Federal Student Aid and Mapping Your Future

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By Marlene Seeklander Hopefully, your holiday “to do” list doesn’t include working on Christmas or New Year’s day, but if you need to, be aware that some Federal Student Aid offices are taking a break or will have modified hours. Federal Student Aid (FSA) announced that their federal offices and Federal Student Aid processors and contact

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Important reminders for schools with Federal Perkins Loan portfolios

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By Marlene Seeklander Schools with existing Federal Perkins Loan portfolios will want to make note of important information to ensure they stay in compliance. In a December 11 Electronic Announcement, the Department of Education provided information on the required capital distribution from the school’s Perkins Loan Revolving Fund as part of the wind-down of the Federal

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Federal Student Aid Training Conference to be held March 4-6, 2026

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By Marlene Seeklander After several years of hosting a virtual conference, the Department of Education is once again hosting an in-person training conference. In a December 15 Electronic Announcement, the Department announced that the in-person Federal Student Aid (FSA) Training Conference will be held March 4-6, 2026 at the Ronald Reagan Building and International Trade Center

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More than $1 billion in federal student aid fraud halted in 2025

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By Marlene Seeklander Enhanced controls prevented more than $1 billion in attempted financial aid fraud in the past year, according to the Department of Education. In a December 11 press release, the Department announced by implanting fraud controls they prevented the fraud which included coordinated international fraud rings and AI bots pretending to be students.  The

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Additional volumes of 2025-26 Federal Student Aid Handbook now available

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By Marlene Seeklander Financial aid professionals can now add the latest volumes of the 2025-26 Federal Student Aid Handbook to their financial aid reading list. The December 11 Electronic Announcement from the Department of Education announced the availability of Volume 1 – Student Eligibility, Volume 4 – Processing Aid and Managing FSA Funds, and Volume 6 – The Campus-Based Programs.

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EDExpress 2024-25 has workaround for FISAP Total Income Calculation issue

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By Marlene Seeklander EDExpress users who still need to make corrections to the 2024-25 FISAP now have a workaround for an issue affecting the calculation of total income for dependent and independent students. In a December 9 Electronic Announcement, the Department of Education (ED) outlined that the issue only impacts records that have a null or

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EDExpress 2025-26 Service Release 2.0 now available – Adds Maximum Pell field to FISAP reports

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By Marlene Seeklander EDExpress for Windows users have a new service release available for their use that will aid in the completion of the 2027-28 FISAP report. In a December 9 Electronic Announcement, Federal Student Aid announced a new service release for EDExpress for Windows 2025–26, Release 2.0. It is available in the Software and Other Tools area of

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Details released about new federal portal for reporting foreign gifts and contracts

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By Marlene Seeklander The Department of Education this month released more information about enhancements to the new foreign gifts and contracts reporting portal. According to a December 3 Electronic Announcement, the new reporting portal will include a tailored, efficient, and institution-specific reporting process while maintaining compliance with Section 117. Based on feedback from nine institutions of

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Students completing the FAFSA to be notified about colleges with lower earnings

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By Marlene Seeklander Students completing the FAFSA now have additional information when deciding which college they may want to attend. In a December 8 Electronic Announcement, the Department of Education announced the implementation of a new lower earnings indicator as part of the FAFSA. This indicator—effective December 7, 2025, and only applicable to first-year undergraduate students—provides

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