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Mapping Your Future Higher Ed News – October 17, 2024

Higher Ed News Vol. 16 – Issue 22 First round of 2025-26 FAFSA testing is complete, no major problems found Students are completing the beta-test version of the 2025-26 FAFSA without encountering any critical errors and students are receiving the records of those students. 2024 Virtual FSA Training Conference registration now open Of all the […]

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First round of 2025-26 FAFSA testing is complete, no major problems found

By Catherine Mueller Students are completing the beta-test version of the 2025-26 FAFSA without encountering any critical errors and students are receiving the records of those students. Along with sharing the results of the first round of the 2025-26 FAFSA beta tests, the U.S. Department of Education on Tuesday announced the launch of the second stage of

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2024-25 Federal Perkins Loan Revolving Fund Distribution of Assets Timeline

By Marlene Seeklander Schools still participating in the Federal Perkins Loan Program need to watch for an important notification from the Department of Education. The Department recently announced that, as part of the wind-down process of the Federal Perkins Loan Program, they require an annual capital distribution from the school’s Perkins Fund.   Schools will be

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Dark blue folder with FAFSA Free Application for Federal Student Aid on the front

Updates to 2025-26 FAFSA Specifications Guide

By Marlene Seeklander You can make a note on your 2025-26 planning list to check out the recent additions to the 2025-26 FAFSA Specifications Guide. The Department of Education recently announced the addition of two volumes to the 2025-26 FAFSA Specifications Guide. These volumes include: Throughout the 2025-26 cycle, the Knowledge Center website will be updated

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US Department of Education building

Tropical Storm Helene and Hurricane Helene Title IV guidance

By Marlene Seeklander For those financial aid professionals affected by the recent weather-related disasters, the Department of Education has provided some relief to their offices and for their students. The Department of Education (ED) has announced guidance about regulatory relief to institutions located in federally declared disaster areas due to Tropical Storm Helene or Hurricane Helene.

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Title IV Recertification training webinar available

By Marlene Seeklander Navigating the important recertification process can be daunting for financial aid administrators. The Department of Education announced the availability of a recorded webinar, presentation slides, and transcript to assist schools with the completion and submission of the recertification application. A school must submit a completed recertification application no later than 90 days

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Implementation update for the Joint Consolidation Loan Separation Act for FFEL Loan Holders and Servicers

By Marlene Seeklander Borrowers with a joint consolidation loan with another individual can separate their joint debts into an individual Direct Consolidation loan. The Joint Consolidation Loan Separation Act (JCLSA) was signed into law on October 11, 2022, and allows borrowers with either Direct Loans (DL) or Federal Family Education Loans (FFEL) to separate their joint

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2024 Virtual FSA Training Conference registration now open

By Marlene Seeklander Of all the tasks on your to-do list, registering for the annual virtual Federal Student Aid (FSA) Training Conference is an easy one to check off. FSA announced that the registration for their free annual training conference on December 3-6 is now open. Registration can be completed at the FSA Training Conference Home on

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