Department of Education

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2026-27 Student Aid Index (SAI) and Pell Grant Eligibility Guide now available

By Marlene Seeklander Financial aid professionals now have access to financial aid eligibility calculations for the 2026-27 award year with the release of a new guide from the Department of Education. In a recent Electronic Announcement, Federal Student Aid said that the 2026–27 Student Aid Index (SAI) and Pell Grant Eligibility Guide is available for download. […]

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Federal Student Aid closures due to June 19 federal holiday

By Marlene Seeklander The Department of Education is among the federal offices closed for the Juneteenth federal holiday on Thursday, June 19, 2025. The June 12 announcement states that the Federal Student Aid (FSA) processors and contact centers will be closed on June 19. All FSA websites will be operational on the holiday. The following additional information was

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Federal Student Aid announces webinars and additional resources for FSA Partner Connect

By Marlene Seeklander Financial aid professionals will soon have some training resources available to help them understand and transition to FSA Partner Connect for enrollment and user management services. The transition comes with the retirement this month of the Student Aid Information Gateway website. In a June 12 Electronic Announcement, Federal Student Aid (FSA) announced that

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2024-25 award year TEACH Grant closeout information

By Marlene Seeklander Schools participating in the TEACH Grant program will want to make note of an important upcoming deadline for the 2024-25 award year. In a recent Electronic Announcement, the Department of Education announced that the closeout deadline for the 2024-25 award year for the Teacher Education Assistance for College and Higher Education (TEACH) Grant

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NSLDS Delinquent Borrower Report now available

By Marlene Seeklander Schools now have a report available to help them in performing outreach to remind former students of their loan repayment obligations, particularly those who are delinquent on one or more of their student loans. In a June 9 Electronic Announcement, the Department of Education announced that they have the Delinquent Borrower Report (DELQ01)

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Department of Education launching efforts to prevent fraud through identity verification

By Marlene Seeklander Institutions will have additional due diligence requirements as part of the Department of Education’s efforts to protect the integrity of the federal student aid programs. In a June 6 Electronic Announcement, the Department of Education (ED) announced its nationwide effort to eliminate identity theft and fraud in the federal student aid programs. This

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2025-26 FSA Handbook Volume 8 – The Direct Loan Program – now available

By Marlene Seeklander You may want to update your financial aid reading list with the latest volume of the 2025-26 Federal Student Aid Handbook that has just been released by the Department of Education (ED). A June 5 Electronic Announcement from ED announced the availability of Volume 8 – The Direct Loan Program. This volume includes information for schools

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Updates to 2026-27 FAFSA Specifications Guide

By Marlene Seeklander You can make a note on your 2026-27 planning list to check out the recent additions to the 2026-27 FAFSA Specifications Guide. The Department of Education recently announced the addition of several volumes to the 2026-27 FAFSA Specifications Guide. These volumes include: Throughout the 2026-27 cycle, the Knowledge Center website will be updated with changes to the FAFSA

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Direct Loan interest rates for loans first disbursed on or after July 1, 2025 announced

By Marlene Seeklander Student loan borrowers will see slightly lower interest rates starting July 1 for Direct Loans borrowed on or after July 1, 2025. The new interest rates were announced by the Department of Education in a May 30 Electronic Announcement. The interest rate is a fixed rate for the life of the loan. For Direct

Direct Loan interest rates for loans first disbursed on or after July 1, 2025 announced Read More »

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Upcoming Federal Student Aid webinar with Q&A format

By Marlene Seeklander Financial aid professionals will have the opportunity in a June webinar to ask questions about recently released Department of Education (ED) and Federal Student Aid (FSA) guidance. In an Electronic Announcement this month, ED announced an upcoming webinar that will focus on topics presented in the Federal Update presentation held earlier this year.

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