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FSA announced that it will resume flagging FAFSA applicants for potentially fraudulent activity on both the the 2024-25 and 2025-26 forms, which will require that schools complete V4 or V5 verification prior to disbursing any Title IV aid.
The Fiscal Operations Report for 2023-24 and Application to Participate for 2025-26 (FISAP) was approved by the federal government earlier this year and the deadline to submit is Tuesday, October 1st at 11:59 p.m. ET; corrections to the report will be on December 13, 2024.
The Department of Education has made the 24-25 Application and Verification Guide as well as the 23-24 FSA Assessments resource available online. To obtain a digital copy of both documents, read the instructions below.
For private and independent K–12 schools, where student records, family financial data, and tax documents converge on digital platforms, IT Directors are increasingly the guardians of both compliance and confidence. The SSS platform doesn’t just meet compliance—it facilitates it. In fact, the U.S. Admissions inquiries drop.
Federal Student Aid has published two volumes the 2024-2025 Federal Student Aid Handbook and updated the Application Verification Guide. What has changed: Volume 8: The Direct Loan Program – This volume discusses the William D. Ford Federal Direct Loan Program (Direct Loan Program) and describes how the U.S.
In March 2024, the Office of Management and Budget (OMB), a federal agency overseeing government data collection, released revisions to Statistical Policy Directive No. Figure 1 illustrates how these questions might be posed in federal data collections like sample surveys, the Census, or the Free Application for Federal Student Aid (FAFSA).
In 2020, the California State Auditor’s office reported that the University of California was not in compliance with NAGPRA and CalNAGPRA, stating that the university system had “inadequate policies and oversight” and lacked tribal representation on campus and systemwide committees, leading to “inconsistent practices” for repatriation.
A November 2024 article , from the Southern Association of Independent Schools (SAIS) highlights that total financial aid awarded by National Association of Independent Schools (NAIS) and SAIS schools has grown significantly over the past two decades, reflecting schools commitment to supporting families. million during the same period.
Posted: January 25, 2023 Author: Federal Student Aid Subject: 2023-2024 FAFSA Verification-Internal Revenue Service (IRS) Tax Return Transcript Matrix Attached to this Electronic Announcement is the 2023-2024 FAFSA Verification-IRS Tax Return Transcript Matrix that institutions can use for 2023-2024 verification of IRS tax return information included (..)
Update 8/1/24: Following its July 24th update, Federal Student Aid has clarified its guidance on resolving conflicting information for applicants or contributors that have FTI data and manually indicated that they did not file a U.S. tax return for 2022.
The Department of Education has released an updated timeline for launching batch institutional corrections for the 2024-25 and 2025 -26 FAFSA applications through the Electronic Data Exchange (EDE). Below are the most important details from the announcement. 27 first appeared on College Aid Services.
Updated March 21st The Department of Education continues to update the “Technical Frequently Asked Questions and Known Issues” to address issues for the 2024-25 and 2025-26 FAFSA applications. According to the FAQ, there are currently 3 open issues and 3 that have been resolved.
The 2024–25 Free Application for Federal Student Aid (FAFSA) integrates major changes in the way students will apply for Federal student aid. The 2024-25 FAFSA form will not be launched until December 2023, two months later than the traditional date. According to the U.S.
The latest electronic announcement outlines 2024-25 federal guidelines to determine when a FAFSA applicant qualifies for independent status as a unaccompanied youth who is homeless, self-supporting, or at risk of being homeless.
The 2024-25 Federal School Code (FSC) List of Participating Schools is now available as an online document and an integrated search function for applicants navigating the fafsa.gov website.
The Department of Education announced it will maintain its temporary policies for applications without a SSN to access the 2024-25 FAFSA form until it can resolve the underlying issues with secondary identity verifications.
Financial Aid Offices can now utilize the Application Receipt Date on the 2024-25 paper FAFSA forms to determine a student’s eligibility for late disbursements using a copy of the original paper FAFSA, mailing receipts if there discrepancies.
FSA outlines when verification status codes (“W,” “V,” or “S”) are applicable. The electronic announcement below provides important reminders about how institutions should process students who are selected for verification. Read the full announcement below.
However, ED requested that implementation be delayed to 2023-24 and, after a period of time, they requested that it be delayed again to 2024-25. The FAFSA for the 2024-25 admission cycle is now scheduled to open in December 2023. According to The Washington Post , Storey told conference attendees that, “ We are deep in the thick of it.
Department of Education (ED) announced additional steps to facilitate submitting the 2024–25 FAFSA form. These new steps include reducing verification requirements, suspending routine school compliance reviews and providing flexibility on renewing participation in the federal student aid programs. On Monday, the U.S.
Impact of a Government Shutdown on TRIO Programs December 20, 2024 by Kimberly Jones Please know that our COE team is always here to assist you. Forward Funded : TRIO and GEAR UP funds for Program Year 2024-25 were included in the final FY2024 legislation passed by Congress in March 2024. Hamm Click to view the page: U.S.
The Department of Education has released an updated timeline for launching batch institutional corrections for the 2024-25 and 2025 -26 FAFSA applications through the Electronic Data Exchange (EDE).
Trump has brought a sense of uncertainty as 2024 draws to a close. Student debt issues loom, and problems due to the rollout of the 2024-25 FAFSA linger. That over compliance as a residual effect of whats happening in Texas, Tennessee and Florida, is also happening in California. The re-election of President Donald J.
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