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FISAP for 2023-24 and Application to Participate for 2025-26 now available at COD website

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 […]

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Understanding Take-Home Pay

Updated 2024-25 award year learning tracks and FSA basic training

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

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2024-25 FSA Fundamentals Training Series launched

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

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Another volume of 2024-25 FSA Handbook now available

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:

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Early Awareness E-News – August 2024

Early Awareness E-News August 2024Vol. 16 – Issue 8 Strategies for students (and parents) when money for college runs short Not to ruin anyone’s summertime vibe, but just a reminder – it won’t be long now before fall semester tuition bills come due. Seven questions every college student should ask before seeking an internship An

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It’s not too late to complete the FAFSA

By Marlene Seeklander There’s still time to complete the FAFSA for starting college this fall. Anyone considering attending postsecondary education in the upcoming academic year should know that it’s not too late. Even if a prospective student isn’t sure about plans for the future, it’s a good idea to go ahead and complete the FAFSA.

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More student loan borrowers might be eligible for debt relief this fall

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.

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Reallocation of 2023-24 campus-based funds

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

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