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Five reasons to complete the FAFSA

By Catherine Mueller Completing the FAFSA can make the difference when it comes to pursuing your dreams for the future. For many students, who couldn’t otherwise afford the cost of an education, the FAFSA makes it possible. If you haven’t completed the 2024-25 FAFSA, here are some reasons why you should: Because financial aid could be […]

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A reminder to confirm school identity registration with the federal government

By Catherine Mueller As a part of the process to participate in federal financial aid programs, all postsecondary institutions must regularly renew their registration with the federal government. In a May 7 Electronic Announcement, the Department of Education said an institution’s Unique Entity ID (UEI) must be verified in the General Services administration (GSA) System for Award Management

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Brookings article recommends actions to minimize postsecondary enrollment declines caused by FAFSA problems

By Catherine Mueller Many have predicted the problems with the 2024-25 FAFSA will have an impact on college enrollment this fall. A new research article out this week, however, provides new analysis on FAFSA completion data, enrollment projections, and recommended actions. A May 7 article, written by Katharine Meyer and published on the Brookings Institute website, suggests

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US Department of Education building

Schools required to notify Department about change in ownership

By Catherine Mueller Only a portion of postsecondary institutions are likely impacted by the regulation, but for those that could be affected, compliance is important for continued Title IV funding. In a May 6 Electronic Announcement, The Department of Education reminded schools about the regulation, effective last July, that requires schools to notify them of a change

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Reminder to check websites before entering personal information

By Catherine Mueller Unfortunately, we are all the target of online scammers. Because of all the personal information being entered, students and parents need to be especially careful about what emails they open, what links they click on, and what websites they visit. Although it’s always been a problem, legitimate websites are being spoofed – sometimes

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Interest rate information updated

By Beth Ziehmer New student loan borrowers will be facing higher interest rates starting July 1. To help students know the upcoming July 1 interest rates, Mapping Your Future staff recently updated several references to interest rates. The new rates were announced in a May 14 Electronic Announcement. Updates were completed on the: Contact the Mapping Your

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Computer keyboard with FAFSA button

Questions to determine who needs to contribute to a student’s FAFSA

By Catherine Mueller Even though a FAFSA belongs to a student, the student is usually not the only person with a role in completing it. To determine who, if anyone, should contribute to their FAFSA, a student should first determine if they are considered dependent or independent. The Department of Education provides a list of personal circumstances that

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US Department of Education building

Two new issues with student FAFSA data added to technical guide

By Catherine Mueller For those financial aid professionals tracking some of the known technical issues with the processing of student FAFSA records, another couple of updates were added to the list this week. The Department on May 22 added two alerts to the Technical FAQ and Known Issues Guide. The guide, which the Department says is “to

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Mapping Your Future Higher Ed News – May 23, 2024

Higher Ed News Vol. 16 – Issue 11 Interest rate information updated New student loan borrowers will be facing higher interest rates starting July 1. Questions to determine who needs to contribute to a student’s FAFSA Even though a FAFSA belongs to a student, the student is usually not the only person with a role

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