Department of Education

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Direct Loan interest rates for loans first disbursed on or after July 1, 2025 announced

Newsroom, Department of Education, Paying for College, Student Loans / By

By Marlene Seeklander Student loan borrowers will see slightly lower interest rates starting July 1 for Direct Loans borrowed on or after July 1, 2025. The new interest rates were announced by the Department of Education in a May 30 Electronic Announcement. The interest rate is a fixed rate for the life of the loan. For Direct […]

Direct Loan interest rates for loans first disbursed on or after July 1, 2025 announced Read More »

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Upcoming Federal Student Aid webinar with Q&A format

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By Marlene Seeklander Financial aid professionals will have the opportunity in a June webinar to ask questions about recently released Department of Education (ED) and Federal Student Aid (FSA) guidance. In an Electronic Announcement this month, ED announced an upcoming webinar that will focus on topics presented in the Federal Update presentation held earlier this year.

Upcoming Federal Student Aid webinar with Q&A format Read More »

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2024-25 award year training courses on the FSA Training Center will be removed soon

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By Marlene Seeklander Financial aid professionals who need to finish any of the 2024-25 award year specific training courses need to do so soon before the courses are removed. Since most of the online courses in the FSA Training Center are award year specific, the 2024-25 training courses will be removed on June 27 and replaced

2024-25 award year training courses on the FSA Training Center will be removed soon Read More »

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Campus-Based school testing for reporting Federal Work Study wages now available

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By Marlene Seeklander Schools needing to report Federal Work Study (FWS) wages are encouraged to send a test file prior to sending data for real. In a recent Electronic Announcement, the Department of Education announced that the FSA Partner and School Relations Center will conduct Campus-Based school testing from May 21 through September 30, 2025, for

Campus-Based school testing for reporting Federal Work Study wages now available Read More »

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Closeout deadline for 2023-24 Direct Loan Program year

Newsroom, Department of Education, Student Loans / By

By Marlene Seeklander Schools that have not yet closed out their 2023-24 Direct Loan Program year need to make note of the upcoming closeout deadline. A May 19 Electronic Announcement reminds schools that Thursday, July 31, 2025, is the closeout deadline and last processing day before the end of the program year. This means that all

Closeout deadline for 2023-24 Direct Loan Program year Read More »

Dark blue folder with FAFSA Free Application for Federal Student Aid on the front.

Updated draft 2026-27 Federal Student Aid Application materials available

Newsroom, Department of Education / By

By Marlene Seeklander Draft versions of the 2026-27 Free Application for Federal Student Aid (FASFA) are now available for public comment. In a May 16 Electronic Announcement, the Department of Education (ED) announced the availability of the draft forms and invited public comments. ED is only seeking comments regarding the FAFSA form and the FAFSA Submission

Updated draft 2026-27 Federal Student Aid Application materials available Read More »

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Use and Disclosure of Federal Tax information and FAFSA Data training available

Newsroom, Department of Education / By

By Marlene Seeklander New financial aid professionals will likely benefit the most from a new training course on the handling of student data, but experienced professionals may want to attend the course as a refresher. The FSA Training Center includes a learning track – 2025-26 Use and Disclosure of Federal Tax Information and FAFSA Data –

Use and Disclosure of Federal Tax information and FAFSA Data training available Read More »

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Recent Federal Student Aid webinar recordings available

Newsroom, Department of Education / By

By Marlene Seeklander If you missed any of the recent Federal Student Aid (FSA) webinars or want to watch them again, the recordings are available for viewing. By logging into the FSA Training Center, you can choose Recorded Webinars and Training from the black main menu bar and then select Webinar and Training Videos from the

Recent Federal Student Aid webinar recordings available Read More »

Blue clipboard with white paper next to computer keyboard that says FAFSA - Free Application for Federal Student Aid

Department of Education seeks comments and recommendations for the collection of FAFSA information

Newsroom, Department of Education / By

By Marlene Seeklander Anyone who has ideas on how the Department of Education could minimize the administrative burden of the 2026-27 FAFSA on applicants, has an opportunity now to submit their recommendations.  In compliance with the Paperwork Reduction Act, the Department of Education is soliciting written comments and recommendations for the collection of FAFSA information. A

Department of Education seeks comments and recommendations for the collection of FAFSA information Read More »

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