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The bottom line on financial aid offers

By Catherine Mueller 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

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Upcoming webinar to prepare schools for new reporting requirements

Identifying which students should be included in the new financial value and gainful employment reporting requirements is the purpose of some new reports now available in the National Student Loan Data System (NSLDS). In an April 23 Dear Colleague Letter, the Department said it will host a webinar to train institutions on using the reports to

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Six things you should check on your FAFSA Submission Summary

After successfully completing your FAFSA, you should celebrate your accomplishment. However, don’t celebrate so much that you forget you will have other tasks to complete. One of those tasks is to review your FAFSA Submission Summary. One to three days after a student submits a 2024-25 FAFSA (and provided a valid email address), the student

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Students begin receiving FAFSA Submission Summaries but can’t make corrections yet

By Catherine Mueller The Department of Education began processing FAFSAs in March and some students have received their FAFSA Submission Summaries. However, if a student needs to correct or update FAFSA information, they’ll need to wait. After announcing that students will be able to make corrections sometime in the first half of April, the Department of

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Department issues guidelines for awarding aid based on student FAFSA record with errors

By Catherine Mueller Financial aid professionals have some leeway in awarding financial aid when it comes to using student records – as long as some guidelines are met. In a April 11 Electronic Announcement (EA), the Department of Education provided additional information about how to treat Institutional Student Information Records (ISIRs) affected by errors when making financial aid offers and

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A peek at this week’s updated FAFSA records release to schools

Financial aid professionals are getting a look at what’s in their future – at least with regards to updated student files. In an April 10 Electronic Announcement, the Department of Education detailed the school- or state-specific data file that will be delivered to Student Aid Internet Gateway (SAIG) mailboxes this week. According to the Department, the information

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