Higher Ed News

Schools can set lower, program specific student loan limits

As of July 1, schools can establish lower annual loan limits for specific programs, beginning with the 2026-27 award year.

National Student Loan Data System (NSLDS) updates as a result of new provisions

When it comes to NSLDS reporting, financial aid professionals can leave some of the optional fields blank in the next report.

Student Loan Simulator updated with new repayment plans

Student loan borrowers using the Student Loan Simulator tool at StudentAaid.gov will now see new repayment options.

List of professional degree programs updated due to recent Court Order

Students in some professional degree programs will find that they are – at least for now – eligible to borrow the higher federal student loan limits, while others will find that their program is no longer on the approved list.

Tax Transcript Matrix for 2026-27 Verification now available

Although the number of FAFSAs selected for verification is down, financial aid professionals will, no doubt, appreciate any tool to assist with verification – particularly tax information.

Managing Workforce Pell Programs training offered by Department of Education

Financial aid professionals interested in applying for Federal Pell Grant program eligibility for certain workforce programs can attend training on how to use the E-App to complete the process.

State Workforce Pell Certification Form now available

Schools seeking approval from the Department of Education to offer eligible workforce programs can now access the required certification form.

Important financial aid processing volumes added to 2026-27 FSA Handbook

Financial aid professionals can now access two key volumes recently added to the 2026-27 FSA Handbook.

Institutions reminded of approaching deadline for reporting of foreign ownership or income

Institutions with foreign ownership, gifts or contracts must submit disclosure reports with the federal government by the end of July.