By Marlene Seeklander It may be hard to comprehend why they would opt out, but student loan borrowers can do just that under a recently announced student loan debt relief program. Under the program, borrowers who, for whatever reason, don’t want to be considered for debt relief must opt out by August 30. In an August […]
Student Debt Relief Opt-Out Update Read More »
By Marlene Seeklander In the midst of processing FAFSAs and making corrections, schools are facing a couple of important deadlines early this fall. Both the Gainful Employment/Financial Value Transparency report and the FISAP are due on October 1. In a July 31 Electronic Announcement, the Department of Education reminded schools about the availability of the 2025-26
By Marlene Seeklander Ongoing training is something that just comes with the territory of being a financial aid administrator. To that end, Federal Student Aid (FSA) announced on August 5 newly redesigned and updated offerings in the FSA Training Center Learning Tracks, including an updated FSA Basic Training for New Staff. Since the Learning Tracks are
Updated 2024-25 award year learning tracks and FSA basic training Read More »
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 August 5, the Department of Education announced the launch of Federal Student Aid’s 2024–25 FSA Fundamentals Training Series. Two courses make up this training series: Participants must successfully complete the
2024-25 FSA Fundamentals Training Series launched Read More »
By Marlene Seeklander The latest volume of the 2024-25 Federal Student Aid Handbook released by the Department of Education (ED) may be one you want to bookmark. The August 1 Electronic Announcement from ED announced the availability of Volume 2 – School Eligibility and Operations. It addresses topics such as administering the Title IV student aid programs:
Another volume of 2024-25 FSA Handbook now available Read More »
We could all use a hero right now. For followers of the Paris Olympics with all of its controversies, that hero is a young man from Massachusetts – also known as the Clark Kent of the pommel horse. The FAFSA has also had its share of controversies this past year due to its overhaul by
By Catherine Mueller If you have a federally held student loan, you might be eligible for student debt relief under draft rules that have been proposed. Borrowers will start receiving emails this week from the Biden-Harris administration, letting them know they might be eligible for student loan debt relief if the rules are finalized this fall.
More student loan borrowers might be eligible for debt relief this fall Read More »
By Marlene Seeklander The clock is ticking for schools to release any 2023-24 campus-based funds which haven’t been used. A July 18 Electronic Announcement outlines the reallocation process, the availability of the 2023-24 Campus-Based Reallocation Form, and what schools need to do to request supplemental funds for 2024-25. The Department of Education advises that schools review
Reallocation of 2023-24 campus-based funds Read More »
By Marlene Seeklander Students who struggle with their basic needs and living expenses may benefit from direct outreach efforts about federal benefits programs. Colleges and state grant agencies can now use certain FAFSA data in their direct outreach efforts about means-tested benefits programs. These programs may assist students who struggle with their basic needs and living
Means-Tested Benefits Outreach Guidance Read More »
We could all use a hero right now. For followers of the Paris Olympics with all of its controversies, that hero is a young man from Massachusetts – also known as the Clark Kent of the pommel horse. The FAFSA has also had its share of controversies this year, and the Department of Education’s news
