Department of Education

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2023-24 Direct Loan closeout deadline nears; Department provides additional information

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By Marlene Seeklander With the end of July deadline looming, the Department of Education is providing additional guidance to those schools that have not yet closed out their 2023-24 Direct Loan program year. In a recent Electronic Announcement, the Department provided additional information to supplement guidance provided in two earlier Electronic Announcements on February 20 and […]

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Additional updates to 2026-27 FAFSA Specifications Guide

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By Marlene Seeklander In preparation for the upcoming FAFSA cycle, financial aid professionals will want to review the most recent additions to the 2026-27 FAFSA Specifications Guide. The Department of Education recently announced the addition of several volumes to the 2026-27 FAFSA Specifications Guide. These volumes include: Along with the new volumes that have been added, updates have also

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FVT/GE Required Reporting for the 2025 Cycle reminder

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By Marlene Seeklander Schools can now begin reporting Financial Value Transparency and Gainful Employment (FVT/GE) data for the just-completed academic year. In a recent Electronic Announcement, the Department of Education reminded schools that the data reporting for the 2025 cycle – which includes the 2024-25 award year – started on July 1 and runs through October

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Reallocation of 2024-25 campus-based funds

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By Marlene Seeklander The clock is ticking for schools to release any 2024-25 campus-based funds which haven’t been used. A July 10 Electronic Announcement outlines the reallocation process, the availability of the 2024-25 Campus-Based Reallocation Form, and what schools need to do to request supplemental funds for 2025-26. The Department of Education advises that schools review their current

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Reporting Federal Work-Study Earnings to COD System

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By Marlene Seeklander The Department of Education has now issued instructions to assist schools in the reporting of student-level earnings for the Federal Work-Study (FWS) program. In a June 25 Electronic Announcement, the Department of Education outlines the operational guidance for schools as they begin reporting Federal Work-Study earnings for the 2024 calendar year. The implementation

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 FSA announces updated course offerings for 2025-26 Award Year

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By Marlene Seeklander Federal Student Aid (FSA) redesigned and updated its offerings in the FSA Training Center Learning Tracks. According to the July 1 FSA announcement, the new offerings include an updated FSA Basic Training for New Staff with 2025-26 content. Since the Learning Tracks are award year specific, FSA encourages the completion of training each

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 2025–26 FSA Fundamentals Training Series launched

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By Marlene Seeklander Learning the fundamentals is essential for anyone taking on a new job, but it’s especially true in the world of financial aid. On July 1, the Department of Education announced the launch of Federal Student Aid’s (FSA) 2025–26 FSA Fundamentals Training Series. This training series consists of two courses: Participants must successfully complete the FSA

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Additional information for July 2025 implementation of SAIG Enrollment Functionality in FSA Partner Connect

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By Marlene Seeklander Financial aid administrators will want to take note of additional information that will help them prepare for an important upcoming implementation for registering new users. The Department of Education announced on July 2 that FSA Partner Connect will include the expanded features on July 14. The Department previously announced that FSA Partner Connect

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Federal Student Aid announces summer 2025 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: No registration is required for the webinars as each session can accommodate up to 20,000 attendees. The webinars will be hosted with Microsoft’s Town Hall

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Deadline for reporting foreign interests nearing

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By Marlene Seeklander U.S. Colleges that are associated with a foreign source either through ownership or other business relationships face an important deadline later this month. The Department of Education reminded institutions in a recent Electronic Announcement that the deadline for submitting disclosure reports is Thursday, July 31, 2025. Failure to comply with the reporting requirement

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