Higher Ed News

Higher Ed News Vol. 18 – Issue 17 Online training available for completing the 2027-28 FISAP In addition to many responsibilities, financial aid professionals have an important responsibility coming up – completing the FISAP (fiscal reports and application to participate in federal financial aid). Guidance released on FVT/GE Data Reporting and STATS early implementation Institutions […]

Higher Ed News Vol. 18 – Issue 16 Federal Student Aid fraud alert from U.S. Department of the Treasury Fraudsters are becoming more sophisticated, particularly when it comes to federal student aid fraud. Updated NSLDS Enrollment Reporting Guide (July 2026) now available Financial aid professionals now have a new enrollment reporting guide, updated with information

Higher Ed News Vol. 18 – Issue 15 Department of Education issues FAFSA Fraud Detection FAQs for institutions Among the many new job responsibilities this year, financial aid professionals must now follow new procedures in managing student FAFSA records that could be fraudulent. Beta testing plan announced for 2027-28 FAFSA In preparation for the upcoming

Higher Ed News Vol. 18 – Issue 14 Schools can set lower, program specific student loan limits As of July 1, schools can establish lower annual loan limits for specific programs, beginning with the 2026-27 award year. National Student Loan Data System (NSLDS) updates as a result of new provisions When it comes to NSLDS

Higher Ed News Vol. 18 – Issue 13 Millions of student loan borrowers in default, totaling billions of dollars More than 9 million borrowers with $220 billion in outstanding federal student loans are in default, according to the latest data available. Department of Education offers guidance on which programs to add to federal report In

Higher Ed News Vol. 18 – Issue 12 Best Practices for preventing FAFSA fraud and protecting Title IV funds 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. Federal Need Analysis Methodology for the 2027-28 award

Higher Ed News Vol. 18 – Issue 11 Hundreds of thousands of FAFSAs selected for identity verification Financial aid professionals will be busy checking student identity after a few hundred thousand FAFSAs were selected for additional verification. Final regulations on Workforce Pell and other Pell Grant student eligibility published Financial aid administrators now have access

Higher Ed News Vol. 18 – Issue 10 Colleges implementing new rules for federal student loan programs Along with all of the tasks at the academic year end and the awarding of aid for the next year, financial aid professionals are also in the middle of implementing new federal student loan rules. “Awarding With Pell

Higher Ed News Vol. 18 – Issue 9 Real-time fraud detection capability launched in FAFSA form To thwart would-be fraudsters, the financial aid application process now includes an identity screening process. Real-time FAFSA fraud detection webinar announced Financial aid professionals can learn more about the new real-time FAFSA fraud detection in an upcoming webinar. Schools

Higher Ed News Vol. 18 – Issue 8 Communicating with borrowers about the defunct SAVE Plan Even for those of us who live and breathe financial aid, it’s hard to keep up with what’s going on with student loans. Webinar recording on applying new loan limitations for students attending less than full time Many financial