Department of Education

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A reminder to confirm school identity registration with the federal government

By Catherine Mueller As a part of the process to participate in federal financial aid programs, all postsecondary institutions must regularly renew their registration with the federal government. In a May 7 Electronic Announcement, the Department of Education said an institution’s Unique Entity ID (UEI) must be verified in the General Services administration (GSA) System for Award Management […]

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Schools required to notify Department about change in ownership

By Catherine Mueller Only a portion of postsecondary institutions are likely impacted by the regulation, but for those that could be affected, compliance is important for continued Title IV funding. In a May 6 Electronic Announcement, The Department of Education reminded schools about the regulation, effective last July, that requires schools to notify them of a change

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Interest rate information updated

By Beth Ziehmer New student loan borrowers will be facing higher interest rates starting July 1. To help students know the upcoming July 1 interest rates, Mapping Your Future staff recently updated several references to interest rates. The new rates were announced in a May 14 Electronic Announcement. Updates were completed on the: Contact the Mapping Your

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Questions to determine who needs to contribute to a student’s FAFSA

By Catherine Mueller Even though a FAFSA belongs to a student, the student is usually not the only person with a role in completing it. To determine who, if anyone, should contribute to their FAFSA, a student should first determine if they are considered dependent or independent. The Department of Education provides a list of personal circumstances that

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Two new issues with student FAFSA data added to technical guide

By Catherine Mueller For those financial aid professionals tracking some of the known technical issues with the processing of student FAFSA records, another couple of updates were added to the list this week. The Department on May 22 added two alerts to the Technical FAQ and Known Issues Guide. The guide, which the Department says is “to

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Answers to your questions about federal regulations in effect this summer

By Catherine Mueller It may not be all the help financial aid professionals need right now in dealing with changes in processes and regulations, but it may answer some questions. In a May 20 Electronic Announcement, the Department said it has received a number of policy questions from the higher education community regarding final regulations, in particular

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Department posts final 2025-26 FISAP Form and related materials

By Catherine Mueller The job of completing reporting and application requirements to participate in Title IV financial aid programs can wait, but the materials to help institutions get ready for the project are available now. In a May 20 Electronic Announcement, the Department of Education said the Fiscal Operations Report for 2023–24 and Application to Participate for

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Holiday closings offer opportunity to take much-needed break

By Catherine Mueller Financial aid professionals have always worked long hours but that’s been especially true the past several months. Hopefully, the upcoming holiday weekend will provide an opportunity to get away from work. Federal offices, including the Department of Education and Federal Student Aid processors and contact centers will close for the Memorial Day federal

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Accessing the 2024-25 FAFSA may be easier now for those without a Social Security number

By Catherine Mueller The gate restricting entry to the FAFSA for some students and their parents has been opened by the Department of Education. In an Electronic Announcement this week, the U.S. Department of Education said it would allow students, whose parents may not have a Social Security number, to immediately access the 2024-25 FAFSA online after creating

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Comments sought on proposed program to recognize postsecondary institutions supporting student success

By Catherine Mueller To recognize and perhaps encourage postsecondary institutions to develop student success programs on their campus, the Department of Education is considering a new awards program. In the April 25 Federal Register, the Department announced it is interested in developing an award system to recognize institutions of higher education that are supporting success across all

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