By Marlene Seeklander As of July 1, schools can establish lower annual loan limits for specific programs, beginning with the 2026-27 award year. In a June 26 Electronic Announcement, the Department of Education announced that the Working Families Tax Cuts Act (the Act) allows schools to set lower annual loan limits for specific programs, provided […]
Schools can set lower, program specific student loan limits Read More »
By Marlene Seeklander EDExpress users will want to take note of possible PC and system requirements planned for EDExpress 2027-28 for Windows. In a June 24 Electronic Announcement, Federal Student Aid provided advance notice of enhancements planned for EDExpress 2027-28 for Windows that may require schools to update PC workstations and/or their overall system. The EDExpress
Updated PC and system requirements for EDExpress users for 2027-28 Read More »
By Marlene Seeklander The Department of Education is among the federal offices that will be closed on Friday, July 3 in observance of the Independence Day federal holiday. A recent Electronic Announcement states that the Federal Student Aid (FSA) processors and contact centers will be closed on July 3. All FSA websites will be operational on the
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By Marlene Seeklander Financial aid professionals interested in applying for Federal Pell Grant program eligibility for certain workforce programs can attend training on how to use the E-App to complete the process. The Department of Education stated In a June 25 Electronic Announcement that starting July 1, 2026, schools can use the E-App in FSA Partner
Managing Workforce Pell Programs training offered by Department of Education Read More »
By Marlene Seeklander More than 9 million borrowers with $220 billion in outstanding federal student loans are in default, according to the latest data available. The amount of student loans in default represents more than 13 percent of the total $1.64 trillion federal portfolio. In a recent announcement, the Department of Education (the Department) said it
Millions of student loan borrowers in default, totaling billions of dollars Read More »
By Marlene Seeklander Financial aid professionals now have two essential volumes of the 2026-27 FSA Handbook available to them. The Department of Education announced that the following volumes of the 2026-27 FSA Handbook are now available: The digital Federal Student Aid Handbook is available on FSA’s Knowledge Center. Any questions or suggestions about the FSA Handbook
2026-27 FSA Handbook Volumes 4 and 5 now available Read More »
By Marlene Seeklander As new federal student loan limitations are implemented, financial aid professionals may see more students who have exceeded Federal Direct Loan annual or aggregate loan limits. The Department of Education recently announced the availability of the updated NSLDS Reaffirmation User Guide (June 2026) for working with students who have exceeded loan limits. The
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By Marlene Seeklander The StudentAid.gov website will be unavailable June 27-28, 2026. Federal Student Aid announced that they will be performing extended maintenance to the StudentAid.gov site on June 27-28. Beginning on Saturday, June 27 at 4 p.m. (Eastern) until approximately 1 p.m. (Eastern) on Sunday, June 28, the site will be unavailable. During the outage, users will be unable
Outage alert for StudentAid.gov on June 27-28 Read More »
By Marlene Seeklander Financial aid professionals now have instructions for the reporting of student-level earnings for the Federal Work-Study (FWS) program for the 2025 calendar year. In a June 23 Electronic Announcement, the Department of Education outlines the operational guidance for schools as they begin reporting Federal Work-Study earnings for the 2025 calendar year. The implementation
Reporting Federal Work-Study Earnings to COD System for 2025 calendar year Read More »
By Marlene Seeklander Financial aid professionals will want to make note of recent updates to the FAFSA Specifications Guides for various award years. The Department of Education recently announced updates to several important volumes of the guides. The following volume has been added to the 2027-28 FAFSA Specifications Guide: In the 2026-27 FAFSA Specifications Guide, updates were
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