By Marlene Seeklander Individuals involved in the administration of federal financial aid can sign up to offer input on the services and products that they use daily. In a March 30 Electronic Announcement, Federal Student Aid (FSA) announced that they are seeking volunteers involved in the administration of federal financial aid to provide feedback, ideas, and […]
FSA seeking volunteers for input on partner services Read More »
By Marlene Seeklander When it comes to implementing something new, particularly new financial aid regulations, financial aid professionals want to have their questions answered and receive the latest updates. The Department of Education announced that the financial aid community will have the opportunity to participate in questions and answers and updates on the implementation of the
By Marlene Seeklander Financial aid professionals have one more tool available for the 2026-27 award year processing. The Department of Education announced that the Application and Verification Guide of the 2026-27 Federal Student Aid Handbook is now available. Financial aid administrators and counselors use this guide when helping students with the financial aid process, filing the
2026-27 FSA Handbook Application and Verification Guide now available Read More »
By Marlene Seeklander Although it seems it should go without saying, prison education programs should operate in the best interest of students. Institutions that offer a Prison Education Programs (PEP) are required to have an oversight entity review the program and submit a best interest determination to the Department of Education. In an April 6
Colleges required to operate Prison Education Programs in the best interest of students Read More »
By Marlene Seeklander Students who need extra funds to attend college can often benefit from access to campus-based federal financial aid. Schools and colleges wanting to participate in federal campus-based programs have until late April to apply for a waiver to the requirement of providing a share of the funds for the program. The Department outlined
Deadline approaching for colleges to provide access to campus-based financial aid Read More »
By Marlene Seeklander Institutions who won’t be able to meet the community service requirements of the Federal Work Study program have until later this month to request a waiver. Schools may request a waiver from the Federal Work Study (FWS) program community service requirements if those requirements cause hardship for students. An April 1 Electronic Announcement
By Marlene Seeklander The 2027-28 FASFA will include a few minor changes when it is released in the fall. At the recent Federal Student Aid (FSA) Conference that was held in Washington, D.C. on March 4-6, the Department of Education presented a session on “FAFSA Updates” to outline some of the upcoming changes to the 2027-28
Minor updates coming to the 2027-28 FAFSA Read More »
By Marlene Seeklander Financial aid professionals face some new requirements when it comes to returning federal funds for those students who don’t attend or withdraw. Some schools may have already implemented part of the new regulations, but in a March 27 Electronic Announcement, the Department of Education reminded schools that all changes to the R2T4 regulations
Colleges reminded about new rules for returning federal financial aid funds Read More »
By Marlene Seeklander In what may be a little break for financial aid professionals, the Department of Education recently outlined how it will enforce – or may not enforce for now – some of the requirements used to determine an institution’s financial responsibility. In a March 20 Electronic Announcement the Department provides clarification to regulatory changes
By Marlene Seeklander Schools can begin reviewing their FY 2023 draft cohort default rate information and prepare to submit any necessary appeals. The Department of Education announced the distribution of the FY 2023 draft cohort default rate (CDR) packages on March 23 to all eligible domestic and foreign schools. The information, sent to the SAIG mailbox
FY 2023 Draft Cohort Default Rates available Read More »
