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NSLDS Financial Value Transparency and Gainful Employment (FVT/GE) User Guide (July 2024 Update)

College Aid Services

The Department of Education has released an updated version of the NSLDS Financial Value Transparency and Gainful Employment (FVT/GE) User Guide, provides instructions and guidance for complying with the FVT/GE reporting requirements via the National Student Loan Data System (NSLDS®). What has changed?

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Additional Guidance on NSLDS Post-Screening & Identity Verification for 2024-25

College Aid Services

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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Over 5,400 Borrowers Affected by NSLDS Dependency Issue, Resolution Expected by Late October (Oct. 15 Update)

College Aid Services

Federal Student Aid has identified a error within the National Student Loan Data System (NSLDS) that is flagging ‘independent students under the age of 24 as Dependent and creating a series of inconsistencies; primarily for the 2023-24 academic year. 15 Update) first appeared on College Aid Services.

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NSLDS Issue Affecting Aggregate Loan Totals Resolved, Corrected ISIRs Arrive Later This Year

College Aid Services

An NSLDS issue that inaccurately deducted duplicate capitalized interest amounts and affected the aggregate loan totals for 36,786 borrowers was resolved by FSA on April 7th, 2024.

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EDExpress, Release 1.0 Addresses ISIR and FTI Report Issues

College Aid Services

Financial Aid Offices can now download EDExpress for Windows 2024-25, Release 1.0: The patch also includes several updates to ensure that information imported NSLDS is correctly displayed and the software’s field values match their counterparts in the new ISIR record layout.…

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