Department of Education

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

Newsroom, Department of Education, Mapping Your Future features / By

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

Newsroom, Department of Education, Mapping Your Future features / By

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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FAFSA handwritten in a note. Free Application for Federal Student Aid.

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

Newsroom, Department of Education, FAFSA resources / By

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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FAFSA field adjustment resolves issue of reporting an address within the U.S. territories

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By Marlene Seeklander FAFSA users who previously encountered an issue when attempting to report their address within the U.S. territories, including Puerto Rico, should no longer encounter an issue. In a December 4 Electronic Announcement, the Department of Education announced that on December 7 an update to adjust some users’ state and country  code information was

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Using the new Section 117 Reporting Portal training webinar

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By Marlene Seeklander Colleges that need to report foreign gifts and contracts will want to make note of an upcoming training webinar. In a December 5 Electronic Announcement, the Department of Education announced that they are offering a training webinar, “Using the New Section 117 Reporting Portal” for schools required to report foreign gifts and contracts.

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