By Marlene Seeklander Financial aid professionals now have an updated guide to help them better understand the National Student Loan Data System (NSLDS) reports that are available. On June 4, the Department of Education announced that an updated NSLDS Reports for Schools Guide is now available. The June 2026 guide replaces the July 2024 version. Questions […]
Updated NSLDS Reports for Schools Guide now available Read More »
By Marlene Seeklander Student loan borrowers will see an increase in interest rates starting July 1 for Direct Loans borrowed on or after July 1, 2026. The new interest rates were announced by the Department of Education in a June 4 Electronic Announcement. The interest rate is a fixed rate for the life of the loan. For
Interest rates on federal student loans to increase Read More »
By Marlene Seeklander Financial aid professionals don’t always get what they ask for, but the Department of Education has responded to a request for clarification on Pell provisions. In a June 4 Electronic Announcement, the Department of Education stated that some institutions have asked for further clarification of the provisions for the Workforce Pell and Federal
Effective dates for Pell provisions clarified Read More »
By Marlene Seeklander With everything on their plate right now, most financial aid professionals are probably not thinking about the 2027-28 award year – yet. For those who like to plan ahead, the updates to the Federal Needs Analysis Methodology have been published for 2027-28. In a June 2 Federal Register Notice, the Secretary of
Federal Need Analysis Methodology for the 2027-28 award year now available Read More »
By Marlene Seeklander Financial aid professionals and others on the campus can look to the proven practices of other institutions to help prevent FAFSA fraud and protect federal student aid funds. In a May 29 Electronic Announcement, the Department of Education provided a comprehensive list of best practices that institutions may want to consider as they
Best Practices for preventing FAFSA fraud and protecting Title IV funds Read More »
By Marlene Seeklander Students completing the FASA will no longer have to wait to view their FAFSA Submission Summary. In a June 1 Electronic Announcement, the Department of Education announced that they have launched a processing enhancement that allows students to immediately view their FAFSA Submission Summary when signing and submitting an initial application or correction
Real-Time FAFSA results now available Read More »
By Marlene Seeklander Anyone interested in the 2027-28 FAFSA can now take a look – or perhaps a second look – at the form. In a May 26 update to an earlier Electronic Announcement, the Department of Education announced that they are seeking feedback on updated draft 2027-28 Free Application for Federal Student Aid (FAFSA) form
Updated 2027-28 FAFSA documents now available for comment Read More »
By Marlene Seeklander Financial aid professionals who are working hard to implement the latest final regulations now have some resources available from the Department of Education. In a May 20 Electronic Announcement, the Department of Education announced resources available for financial aid professionals and other partners to aid in the implementation of the final regulations through
Resources available for implementing Working Families Tax Cuts Act final regulations Read More »
By Marlene Seeklander Financial aid professionals now have access to updated financial aid training materials in what should be an easier-to-navigate training center. Federal Student Aid (FSA) recently announced that they made changes to the FSA Partner Connect training that is available on the FSA Training Center. According to the announcement, FSA revised existing training courses
Federal Student Aid announces changes to the FSA Partner Connect training Read More »
By Marlene Seeklander Financial aid professionals may have questions about how the new regulations will impact the various Federal Student Aid (FSA) systems. FSA recently announced a new learning opportunity – FSA Systems Changes Resulting from OBBBA – that will increase knowledge of the FAFSA Partner Portal (FPP), the Common Origination and Disbursement System (COD), and
