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Education Department (ED) said it has discovered a calculation error in student financialaid applications sent to colleges this month and will need to reprocess them, potentially continuing delays for college applications. The guide will be updated regularly through April 2024.
Originally scheduled for release in August, Federal Student Aid announced yesterday that batch corrections will not be available for the 2024-25 FAFSA. This surprising announcement places a significant burden on FinancialAidAdministrators and may cause further delays in granting aid to students.
It’s been a year of missteps, miscalculations, confusion, delays, glitches, and frustration after the botched launch of the simplified FAFSA, which has prevented financialaid packages from being awarded to students with ample time to make plans for their future. Last week, Secretary of Education Dr. Miguel A.
Institutions review the data and put together a financialaid offer, helping families decide which institution is the best fit for them and their wallets. The result of all the chaos could be a diminished freshman class entering postsecondary education in fall 2024 and a continued racial gap in educational achievement.
Originally scheduled for release in August, Federal Student Aid announced yesterday that batch corrections will not be available for the 2024-25 FAFSA. This surprising announcement places a significant burden on FinancialAidAdministrators and may cause further delays in granting aid to students.
The 2023-2024 FAFSA® deadlines parents need to know. It’s important for students to submit their applications for financialaid as soon as possible. The sooner you file your FAFSA the better your chances of maximizing your financialaid. Students will be able to make corrections until September 10, 2024.
To give financialaidadministrators time to prepare for the upcoming changes to the FAFSA form in advance of the 2024–25 FAFSA form release, FSA has announced that a 2024–25 FAFSA prototype is now available for use. What is the 2024–25 FAFSA Prototype?
Our January 2024 Team Spotlight is Anafe Robinson. Entering her fourth year as a Senior Consultant, Anafe brings over 30 years of experience to College Aid Services and is NASFAA certified in 12 different areas of financialaid.
The Department of Homeland Security has announced that financialaidadministrators will need to review a new tutorial for the Systematic Alien Verification for Entitlements system (SAVE) in order to submit a request for third-step verification. What should you know about this requirement?
FAFSA Application Update – Goodbye EFC and Hello SAI FAFSA Application Update – Goodbye EFC and Hello SAI FAFSA Application Update – Goodbye EFC and Hello SAI Broadcast date: Tuesday, November 7, 2023 Financialaidadministrators are invited to join us as we explore the upcoming changes in the 2024-25 Application Processing Cycle.
Effective during the 2024-25 award year, the FAFSA Simplification Act introduced significant updates to the terminology and definitions around what constitutes as financialaid. One of the notable changes is the renaming of “Estimated Financial Assistance” (EFA) to “Other Financial … Read more ».
FinancialAidadministrators can access the 2024-25 training materials for this year’s Learning Tracks, which are designed as brief courses that focus on one particular subject at a time and are available through the FSA Training Center.
Federal Student Aid has updated the 2024–25 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical and processing information for the 2024–25 award year. What changed?
The 2024–25 Free Application for Federal Student Aid (FAFSA) integrates major changes in the way students will apply for Federal student aid. The new FAFSA also modifies the methods to be used by the ED to determine eligibility for aid. According to the U.S.
After fourteen years of commendable leadership, Justin Draeger has announced his resignation as President & CEO of the National Association of Student FinancialAidAdministrators (NASFAA), effective June 21, 2024.
Department of Education (DOE) has enhanced the FAFSA experience, following the feedback and concerns expressed from last years rollout, as well as the initial Beta Testing that occurred in October 2024. As we continue to assess … Read more .
The 2024–25 Free Application for Federal Student Aid (FAFSA) is now available through a soft launch by the Federal Student Aid (FSA) office of the U.S. You can complete the form to apply for financialaid to help pay for attendance at college between July 1, 2024, and June 30, 2025.
There’s been major change over the last year, so it is a great benefit that financialaidadministrators have so many training resources. Now, finding the time to take advantage of them is a completely different story! It’s up to … Read more ».
The most recent failure in the rollout of the new Free Application for Federal Student Aid (FAFSA) will leave many college students without critical financialaid as the fall semester approaches. Prior to academic year 2024-25, colleges were able to send batch corrections when the FAFSA first went live on October 1.
The most recent failure in the rollout of the new Free Application for Federal Student Aid (FAFSA) will leave many college students without critical financialaid as the fall semester approaches. Prior to academic year 2024-25, colleges were able to send batch corrections when the FAFSA first went live on October 1.
The Free Application for Federal Student Aid (FAFSA) is the means by which students obtain their fair share of the billions of dollars in Federal, state, and college financialaid to help defray the cost of college. The problems affecting the current admissions cycle began when the 2024-25 FAFSA was late.
The Free Application for Federal Student Aid (FAFSA) is the means by which students obtain their fair share of the billions of dollars in Federal, state, and college financialaid to help defray the cost of college. The problems affecting the current admissions cycle began when the 2024-25 FAFSA was late.
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. FAFSA data is also critical for the states that use it as the basis for their own awards of financialaid.
Department of Education (ED) announced additional steps to facilitate submitting the 2024–25 FAFSA form. Our top priority is to ensure that students can access the maximum financialaid possible to help them pursue their higher education goals.” On Monday, the U.S. Since the form became available on Dec.
FSA has opened the event platform for its annual virtual training conference to financialaidadministrators, with only a week until the event begins. The virtual platform allows users to build their own schedules for each event, view speaker biographies, and visit the conference’s virtual exhibit hall.
“Joe Biden’s massive trillion-dollar student loan bailout subsidizes the education of elites on the backs of hardworking Americans, and it was an egregious violation of the Constitution for him to attempt to do so unilaterally with the stroke of the executive pen," wrote former vice president and 2024 presidential candidate Mike Pence on Twitter. "I
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