Department of Education

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Updated deadline for Financial Value Transparency and Gainful Employment reporting

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By Marlene Seeklander Financial aid professionals can remove one deadline from an already busy fall calendar. The Department of Education announced that schools will have until January 15, 2025, to report required information and review the Completers Lists under the Financial Value Transparency (FVT) and Gainful Employment (GE) rules. The Department recognized that the additional […]

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Another opportunity to test the 2025-26 FAFSA now available

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By Marlene Seeklander Schools, colleges, and organizations can now apply to be a part of the next couple of rounds of testing for the 2025-26 FAFSA. The Department of Education announced that community-based organizations, high schools, school districts representing multiple schools, county and state organizations, and higher education institutions can submit an interest form to participate

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Reminder: FISAP deadline October 1, 2024

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By Marlene Seeklander The clock is ticking for a critical deadline for financial aid administrators. The Department of ED reminded schools that the deadline for submitting the Fiscal Operations Report for 2023-24 and the Application to Participate for 2025-26, also known as the FISAP, is October 1. Schools requesting Federal Supplemental Educational Opportunity Grant (FSEOG) or

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2025-2026 FAFSA information to be verified and acceptable documentation

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By Marlene Seeklander More tools are available for your 2025-26 award year planning. A recent Dear Colleague Letter from the Department details the changes in verification for 2025-26 and provides suggested text for schools to use. According to the Department, the verification process for 2025-26 is essentially unchanged. Federal tax information (FTI) transferred via the FA-DDX

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Upcoming FSA Wednesday Webinars

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By Marlene Seeklander More training opportunities from the convenience of your office are coming your way. A recent announcement from Federal Student Aid (FSA) reminds schools of two upcoming Wednesday Webinars. These include the Federal Update on September 25 and Finding Answers Using FSA Resources on October 30. No registration is required for the webinars as

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2025-26 FAFSA information to be verified

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By Marlene Seeklander As you start your planning list for the 2025-26 award year, you can add verification requirements to the list. The Department of Education announced the publication of the Federal Register notice outlining the 2025-26 FAFSA information that schools and applicants may be required to verify, including the acceptable documentation.

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Department outlines process for distributing last year’s unspent campus-based funds

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By Marlene Seeklander Some schools may be in line to receive some additional funding to help their students pay for their education. The Department of Education announced how they will distribute 2024-25 supplemental award funds for Campus-Based programs. Supplemental funds are based on the information collected on the Campus-Based Reallocation Forms that were due by August

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IRS Tax Return Transcript Matrix for 2024-25 Verification now available

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By Marlene Seeklander Although the 2024-25 FAFSA processing cycle has been underway for months, the Department of Education has just released the 2022 IRS Tax Return Transcript Matrix. The August 29 Electronic Announcement includes the 2022 IRS Tax Return Transcript Matrix in Excel format. The matrix is designed to assist financial aid administrators in mapping the

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2025-26 FAFSA Beta 1 Interest Form available

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By Marlene Seeklander Interested community-based organizations (CBOs) can apply to participate in the first beta testing period of the 2025-26 FAFSA. The Department announced that interested CBOs can submit an interest form to participate in the BETA 1 testing period. Interested CBOs will have until the September 5 deadline to submit the interest form and describe

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New and enhanced training available on the FSA Training Center

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By Marlene Seeklander Federal Student Aid (FSA) recently announced the launch of their 2024-25 Learning Tracks and Training Courses, which have been revised to incorporate changes made through FAFSA Simplification and other guidance. According to an FSA announcement, financial aid professionals should find the training more engaging, interactive, and modern. Whether a comprehensive or a more

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