Department of Education

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Financial aid professionals can prepare now for fall reporting and application process

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By Marlene Seeklander For those financial aid professionals who want to get a head start on preparing for the 2027-28 Fiscal Operations Report for 2025-26 and Application to Participate for 2027-28 (FISAP), draft materials are now available. In a May 7 Electronic Announcement, the Department of Education provided draft versions of the FISAP, including instructions and […]

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Schools reminded of renewal of annual registration with federal government

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By Marlene Seeklander As 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 5 Electronic Announcement, the Department of Education said an institution’s Unique Entity ID (UEI) must be verified in the General Services Administration System for Award Management (SAM)

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Colleges implementing new rules for federal student loan programs

Newsroom, Department of Education, Student Loans / By

By Marlene Seeklander Along with all of the tasks at the academic year end and the awarding of aid for the next year, financial aid professionals are also in the middle of implementing new federal student loan rules. On Friday, May 1, the Department of Education published the final regulations in the Federal Register for

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EDExpress for Windows 2026-27, Release 2.0 now available

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By Marlene Seeklander Several resources are now available for EDExpress users with Release 2.0 of the 2026-27 EDExpress for Windows software. Federal Student Aid recently announced the availability of EDExpress for Windows 2026-27, Release 2.0, which is available in the Software and Other Tools area of the Knowledge Center website. This release includes full Pell Grant, Direct

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Updated 2026-27 Federal School Code List released

Newsroom, Department of Education, FAFSA resources / By

By Marlene Seeklander The Department of Education recently released an updated 2026-27 Federal School Code List, which plays a key role in the FAFSA. The Department announced the availability of the updated 2026–27 Federal School Code (FSC) List of Participating Schools.  Although it’s usually not necessary, students can enter these codes on the FAFSA in order

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Real-time fraud detection capability launched in FAFSA form

Newsroom, Department of Education / By

By Marlene Seeklander To thwart would-be fraudsters, the financial aid application process now includes an identity screening process. In an April 27 press release, the Department of Education said that effective immediately, they have launched a new, real-time fraud detection capability for the Free Application for Federal Student Aid (FAFSA) form. Every applicant will be evaluated

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Pell Grant and Work-Study awards subject of upcoming Wednesday Webinar Series

Newsroom, Department of Education, Webinars / By

By Marlene Seeklander Financial aid professionals know that awarding Pell Grants and Federal Work-Study may seem easy on the surface but gets complicated in the details. To provide training or a refresher for financial aid professionals, Federal Student Aid (FSA) will offer a series of Wednesday Webinars on Pell Grants and Work-Study. FSA announced four live webinars covering

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Federal loan data system updated to accommodate changes under federal budget reconciliation

Newsroom, Department of Education / By

By Marlene Seeklander Financial aid professionals can now better prepare for the 2026-27 financial aid award year with updates to the National Student Loan Data System (NSLDS). The Department of Education (the Department) recently shared news of the updates along with a caveat that more updates may be needed if new regulations result from the federal

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Department of Education implements financial aid origination and disbursement system changes

Newsroom, Department of Education / By

By Marlene Seeklander The Department of Education took another step forward in the 2026-27 award year processing cycle with the implementation of changes this past weekend – some of which were required due to the changes under budget reconciliation. In an April 23 Electronic Announcement, the Department of Education announced that it would implement changes to

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FSA implements system updates on April 26

Newsroom, Department of Education / By

By Marlene Seeklander Financial aid professionals will notice some updates to their institutional student information records (ISIRs) layout that are a result of the Budget Reconciliation Bill provisions. In an April 23 update to an earlier Electronic Announcement, the Department of Education outlined details about the transition to the updated ISIR layout that happened on

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