College Aid Consulting Services

JUNE 8, 2022

Here is an update on the FAFSA Changes For 2024-25. The Free Application for Federal Student Aid (FAFSA) will see the majority of changes starting in the 2024-25 academic year and not in the 2023-24 year that was originally planned. Restores Pell Grant eligibility for those who didn’t graduate because their school closed down.

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College Aid Services

JANUARY 31, 2024

Today, Richard Cordray, Chief Operating Officer for Federal Student Aid, published a Dear Colleague Letter (GEN-24-01) announcing the Federal Pell Grant maximum and minimum award amounts. For the 2024-2025 academic year, the maximum Pell Grant award remains fixed at $7,395 and the minimum award amount is $740.

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Diverse: Issues in Higher Education

NOVEMBER 1, 2024

These are last-dollar funds, which means it covers a student’s remaining costs for tuition and fees after all other aid—scholarships, grants, stipends and tuition waivers—has been awarded, and it does not cover the cost of housing, food, transportation, books or supplies. Dr. Gresham D.

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College Aid Services

JULY 31, 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 Financial Aid Administrators and may cause further delays in granting aid to students.

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Diverse: Issues in Higher Education

OCTOBER 22, 2024

About 43 % of Latino students surveyed said that they faced difficulties completing the FAFSA application form, which is required to receive financial aid. Approximately 94% of participants surveyed said that they depended on various forms of financial assistance to support their education expenses. 16 and Sept.

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College Aid Services

JANUARY 28, 2023

Posted: January 26, 2023 Author: Federal Student Aid Subject: 2023-2024 Federal Pell Grant Payment and Disbursement Schedules Attached to this letter are both PDF and Excel versions of the Payment and Disbursement Schedules for determining Federal Pell Grant awards for the 2023-2024 award year (July 1, 2023, through June 30, 2024) […] The post (..)

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College Aid Consulting Services

OCTOBER 12, 2022

The 2023-2024 FAFSA® deadlines parents need to know. It’s important for students to submit their applications for financial aid as soon as possible. The sooner you file your FAFSA the better your chances of maximizing your financial aid. Students will be able to make corrections until September 10, 2024.

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College Aid Services

NOVEMBER 12, 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 Financial Aid Administrators and may cause further delays in granting aid to students.

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College Aid Services

MAY 22, 2023

The Department of Education (ED) has released the Pell Grant look-up tables for the award year 2024-25. These tables assist in determining a student’s eligibility for the maximum or minimum Pell Grant amount. ED has also made updates to the 2024-25 Draft Student Aid Index (SAI) and the Pell Grant Eligibility guide.

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Diverse: Issues in Higher Education

SEPTEMBER 13, 2024

I’m putting my time and energy into my education and volunteer efforts and living on campus on my scholarship and financial aid,” she says. Dr. Jennifer Nájera Another step forward came in 2013 with the passing of the California Dream Act, which made undocumented students eligible to apply for state financial aid.

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College Aid Services

AUGUST 28, 2024

Federal Student Aid has uncovered a technological problem where schools are receiving a Pell Grant rejection code from COD despite the student being eligible according to FPS, the individual ISIR, and the FPP.

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College Aid Services

SEPTEMBER 9, 2024

Federal Student Aid has provided additional guidance for institutions who are closing out their TEACH Grant programs for 2023-2024 academic year.

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College Aid Services

MARCH 1, 2024

Two volumes from the 2024-2025 Federal Student Aid Handbook regarding student eligibility for awards, parent borrowers, and Pell Grants are now publicly available. To access all nine volumes of the handbook or submit any questions that you may have, visit FSA’s Knowledge Center as well as their Customer Support webpages.

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CFAA College Financial Aid Advisors

DECEMBER 11, 2023

How the FAFSA is Making Financial Aid More Accessible to Families Nationwide In the last year and a half, the Free Application for Federal Student Aid – or FAFSA – has undergone major changes to make the application easier to complete for students nationwide. Who should file the FAFSA? That’s a huge change!

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College Aid Services

MAY 10, 2024

Today the Department released several 2024-25 FAFSA updates including the timeline for processing Paper FAFSA forms and when school-initiated corrections will become available. In addition the deadline has been extended for reporting Direct Loan, Pell Grant, and TEACH Grant program disbursements.

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School & Student Services by Community Brands

AUGUST 9, 2024

Latest figures from June 2024 , reveal a remarkable expansion, with over 8,000 IB programs now offered across more than 5,800 schools in 160 countries. The Role of Financial Aid One of the most significant challenges facing international students is the cost of attending a US private school.

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CFAA College Financial Aid Advisors

DECEMBER 8, 2023

Maximize Your Financial Aid By Understanding the New Student Aid Index One of the biggest updates to the FAFSA is the introduction of the Student Aid Index (SAI). The Student Aid Index is replacing the Expected Family Contribution, which was the amount a family would have to pay out-of-pocket for college expenses.

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CFAA College Financial Aid Advisors

MAY 6, 2024

As the gateway to federal financial aid for college, the Free Application for Federal Student Aid (FAFSA) is a crucial step for students and their families in securing funding for higher education. This year, in particular, has presented many students for families seeking aid for college.

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School & Student Services by Community Brands

OCTOBER 3, 2024

A strong financial aid program is essential for attracting and retaining top students. A successful program requires more than just financial resources, effective communication tools are equally vital to ensure transparency, build trust, and provide a positive experience for families.

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IHEP Institute for Higher Education Policy

DECEMBER 20, 2023

We updated the Equitable Value Explorer , an online tool that provides new insights on disaggregated student earnings and announced a new research series that will explore the economic benefits of a college degree coming in 2024. Brian Bridges , Secretary of Higher Education for the state of New Jersey, as a new Board member.

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IHEP Institute for Higher Education Policy

MAY 1, 2024

It wasn’t always easy to know where to go if I needed advice on what classes to take, what to declare for my major, how to get financial aid,” Cardona shared in a keynote at last week’s Attaining College Excellence and Equity Summit. Secretary of Education Miguel Cardona didn’t always know where to turn for help in college. “It

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College Aid Services

MAY 29, 2024

Institutions have until the last day of September 2024 to process, reconcile, and submit their TEACH Grant program data to the Department of Education for the current academic year.

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College Aid Services

MARCH 22, 2024

FSA has published an update to its previous electronic announcement regarding changes to the Student Aid Index and Pell Grant Eligibility Guide for the upcoming academic year.

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CFAA College Financial Aid Advisors

JANUARY 3, 2024

Many families often decide to skip the entire process together, even though it’s necessary to file in order to receive financial aid. However, with the release of the 2024-2025 FAFSA, families, students, and financial aid offices alike are hopeful that the once complicated application will be easier to complete and process.

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Diverse: Issues in Higher Education

OCTOBER 15, 2024

One of the CAMP projects for the 2024-25 academic year is getting at least half of the participants selected for internships for their sophomore year. Project upGRADS, which is funded by a federal grant, aims to improve access to and success in graduate education. The summer 2024 META had almost 200 participants.

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College Aid Services

JULY 10, 2024

Federal Student Aid has provided several tools that institutions can utilize until the National Student Loan Data System (NSLDS) post-screening and identity verification processes are available later this year for 2024-25.

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College Planners of America

MAY 13, 2023

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.

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Student Loan Hero

DECEMBER 22, 2022

If you apply early, not only will you meet all the various FAFSA deadlines, but you might also get more financial aid for college. 3 dates to know Since some financial aid is doled out on a first-come, first-served basis, it’s a good idea to submit the FAFSA as soon as you can. June 30, 2024. FAFSA FAQs.

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Scholarship America

FEBRUARY 16, 2023

billion in Pell Grant funds on the table , along with millions of dollars in SNAP benefits, private scholarships and other forms of college financial aid. NCAN estimates that “about 767,000 students from the high school class of 2022 who would be eligible for Pell Grants did not complete the FAFSA.” More than 3.2

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College Aid Services

FEBRUARY 29, 2024

Two volumes from the 2024-2025 Federal Student Aid Handbook regarding student eligibility for awards, parent borrowers, and Pell Grants are now publicly available. To access all nine volumes of the handbook or submit any questions that you may have, visit FSA’s Knowledge Center as well as their Customer Support webpages.

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Student Loan Hero

DECEMBER 1, 2022

June 30, 2024. Whether you’re a high school senior or already in college, you need to submit the FAFSA every year to receive federal financial aid. 1, 2022 for the 2023-2024 year) and remains open through the end of the school year (June 30, 2023 for the 2022-2023 year). 1, 2022 for the 2023-2024 academic year.

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School & Student Services by Community Brands

DECEMBER 6, 2023

Download this guide   to maximize net tuition r eve n ue while maintaining affordability for families in the new year. Financial Aid Awarding financial aid is crucial for fostering diversity, inclusivity, and equal educational opportunities.

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HEAG

JANUARY 31, 2023

On January 26, 2023, the Department of Education, signed by Richard Cordray, Chief Operating officer, released the Pell grant payment charts for the 2023-2024 award year. Each year, HEAG monitors the Pell grant changes closely to share the news with … Read more »

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College Aid Services

SEPTEMBER 5, 2024

Updated 9/4/2024: We have corrected the Pell Grant eligibility data on the COD System for FPS transactions processed from Aug. 18–28, 2024. Schools can now submit 2024–25 Pell Grant records regardless of the FPS transaction date. 4 Update) first appeared on College Aid Services.

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College Aid Services

SEPTEMBER 27, 2024

The latest service release for EDExpress for Windows 2024-25 is now available to administrators to fix issues with the program’s Direct Loan and Pell Grant modules. Posted Date: September 27, 2024 Author:… More » Service Update for EDExpress, Release 2.0

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College Aid Services

SEPTEMBER 19, 2024

In a recent publication, Federal Student Aid released key deadlines for Title IV institutions must submit reports for the 2024-25 academic year.

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College Planners of America

FEBRUARY 13, 2024

The student financial aid system has always been complex. It remains unclear when actual FAFSA data will be provided by the ED to colleges so that they can determine who to admit and send offer letters with full financial aid information. With this year’s new FAFSA and its inept rollout by the U.S.

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