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Reporting of 2024 student loan interest payments by loan servicers

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By Marlene Seeklander It’s that time of the year – tax preparation time – and you may receive questions about the reporting of student loan interest payments. In a recent Electronic Announcement, Federal Student Aid (FSA) outlined general information about the reporting of 2024 student loan interest payments. Borrowers who made federal student loan payments in […]

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Federal holiday processing and hours for February 17, 2025

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By Marlene Seeklander If you are working on February 17, don’t forget that federal offices will be closed to observe Washington’s Birthday. The Department of Education recently announced the processing schedule and customer service hours for the various Federal Student Aid centers. The FAFSA Processing System (FPS) will accept data on February 17 but will not

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Mapping Your Future Higher Ed News – February 6, 2025

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Higher Ed News Vol. 17 – Issue 3 2025-2026 Federal Pell Grant award amounts The minimum and maximum Federal Pell Grant amount for 2025-2026 remains unchanged from 2024-2025. Draft 2026-27 FAFSA application materials available for comment While many students and parents are completing the 2025-26 FAFSA, the Department of Education is already looking ahead to

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Updated NSLDS Transfer Student Monitoring & Financial Aid History User Guide and Record Layouts available

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By Marlene Seeklander Financial aid professionals now have updated NSLDS tools available for their use. The National Student Loan Data System (NSLDS) has announced the availability of the updated NSLDS Transfer Student Monitoring & Financial Aid History User Guide and Record Layouts. A PDF version of the document is also included in the announcement. The January

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Draft 2026-27 FAFSA application materials available for comment

Newsroom, College preparation, Department of Education, FAFSA resources, Paying for College / By

By Marlene Seeklander While many students and parents are completing the 2025-26 FAFSA, the Department of Education is already looking ahead to next year’s FAFSA. Now is your opportunity to submit comments to the Department of Education about the proposed draft 2026-27 FAFSA form and FAFSA Submission Summary. In an Electronic Announcement, the Department of Education

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A month that could change a life

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By Catherine Mueller Financial aid awareness really needs a year-long celebration. Even though February is the only official recognition of financial aid awareness, financial aid professionals and many others are observing it every day. In reality, there shouldn’t be only one month dedicated to financial aid awareness – it needs to be an everyday occurrence when

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Tip of the Week – February 5, 2025

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Tip of the Week A month that could change a life Financial aid awareness really needs a year-long celebration. Even though February is the only official recognition of financial aid awareness, financial aid professionals and many others are observing it every day. In reality, there shouldn’t be only one month dedicated to financial aid awareness

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2025-2026 Federal Pell Grant award amounts

Newsroom, Department of Education, Paying for College / By

By Marlene Seeklander The minimum and maximum Federal Pell Grant amount for 2025-2026 remains unchanged from 2024-2025. In a recent Dear Colleague Letter, the Department of Education released the Federal Pell Grant maximum and minimum award amounts for the 2025-2026 award year (July 1, 2025 through June 30, 2026). The maximum Pell Grant award remains at

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Tentative 2025–26 Funding Levels available for Campus-Based Programs

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By Marlene Seeklander Knowing the tentative amounts of funding is a key component in the 2025-26 award year planning process for financial aid professionals. In a recent Electronic Announcement, the Department of Education announced that the Tentative funding levels and worksheets for Federal Work-Study (FWS) and Federal Supplemental Educational Opportunity Grant (FSEOG) programs for the 2025-26

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Updated 2025-26 Federal School Code List now available

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By Marlene Seeklander A key component of the FAFSA – the Federal School Code List – has been updated by the Department of Education. The Department announced the availability of the updated 2025–26 Federal School Code (FSC) List of Participating Schools.  Students sometimes enter these codes on the FAFSA in order for the postsecondary schools to

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