By Marlene Seeklander There’s no room for error when it comes to complying with federal rules. To help schools comply with the 90/10 Revenue Calculation, the Department of Education created new training modules. In a recent Electronic Announcement, Federal Student Aid (FSA) said it has published six new training modules in the FSA Training Center. These […]
Online training for 90/10 Reporting in eZ-Audit now available Read More »
By Marlene Seeklander Spreading myths may not seem a serious issue and, yet it can be when it impacts choices that have a life-long impact. Such is the case with the FAFSA. When students choose not to complete a FAFSA because they believe they won’t be eligible or it’s not worth the time, it can impact
Debunking FAFSA myths Read More »
Tip of the Week Debunking FAFSA myths Spreading myths may not seem a serious issue and, yet it can be when it impacts choices that have a life-long impact. Such is the case with the FAFSA. When students choose not to complete a FAFSA because they believe they won’t be eligible or it’s not worth
Tip of the Week – April 30, 2025 Read More »
By Marlene Seeklander Borrowers with defaulted federal student loans will soon find their loans once again in collections. In an April 21 press release, the Department of Education (ED) announced that Federal Student Aid (FSA) will resume collections of its defaulted federal student loan portfolio on May 5, 2025. Defaulted student loans have not been collected
Department of Education to resume collection of defaulted student loans Read More »
By Marlene Seeklander Financial aid professionals can learn helpful tips and guidance about submitting corrections in the FAFSA Partner Portal in an upcoming webinar. Federal Student Aid recently announced an upcoming webinar that will address navigation tips, how to resolve reject codes, and guidance on applying professional judgment, with a focus on the most common reasons
Upcoming FSA webinar – Submitting Corrections in the FAFSA Partner Portal Read More »
By Marlene Seeklander As your senior year winds down, don’t let yourself become distracted by solely focusing on celebrating graduation – stay focused and finish your high school career strong. Below are the tasks you should complete during the month of May:
May tasks for high school seniors Read More »
By Marlene Seeklander Despite the importance of students and parents completing a renewal FAFSA, it’s understandable that because of their busy lives, they still sometimes need a reminder to complete the form. In an April 23 Electronic Announcement, the Department of Education announced that between April 14 and 22 they emailed 2024-25 FAFSA filers (and parents
2025-26 FAFSA spring renewal campaign reminders sent Read More »
By Marlene Seeklander Schools may need to update verification records soon or possibly risk having their students considered to be in an over-award situation. A recent Electronic Announcement outlined several verification reminders for schools that should be reviewed to ensure compliance. Beginning April 23, the Department started sending messages to schools with one or more 2024-25
2024-25 verification reporting reminders and “W” warning message Read More »
By Marlene Seeklander Choosing a college is an important financial decision. After all, you are making an investment in your future. Therefore, it’s important to carefully review all the financial aid offers you receive from the colleges you’ve listed on the Free Application for Federal Student Aid (FAFSA). Bottom line, you want to make sure the
Financial aid offers – the bottom line Read More »
By Marlene Seeklander While the deadline to submit the next FISAP is several months away, financial aid administrators can get a head start on some planning for it. In an April 22 Electronic Announcement, the Department of Education announced that the Office of Management and Budget (OMB) has approved the 2024-25 Fiscal Operations Report and Application
Final 2026-27 FISAP Form and related materials now available Read More »
