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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.
Resources Word In Wooden Cube Financialaidadministrators are the unsung heroes of the academic world, playing a crucial role in helping students navigate the complex realm of financialaid and achieve their academic goals. To fulfill their responsibilities effectively, … Read more ».
As Title IV administrators, we’re all too familiar with the term “conflicting information.” ” It’s a staple in our daily operations in higher education, and its regulatory definition can be found in 34 CFR 668.16(f), f), 34 CFR 668.16(b)(3), b)(3), and 34 CFR 668.54(a)(2).
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?
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.
Volume 3 – Electronic Data Exchange and FAFSA Processing revisions explain that a financialaidadministrator (FAA) cannot add or correct personally identifiable… More » 2024–25 FAFSA Specifications Guide (July 2024 Update) The post 2024–25 FAFSA Specifications Guide (July 2024 Update) first appeared on College Aid Services.
The National Association of Student FinancialAidAdministrators (NASFAA) has issued its final report and a toolkit for financialaid professionals across the nation in anticipation of the resumption of federal student loan repayments. Because we have responsibility over our cohort default rates as well.
This will adversely affect the college plans of students planning to apply in the 2023-24 admissions cycle as well as students who need to re-apply for Federal aid each year. The National College Attainment Network ( NCAN ) contacted senior Biden administration officials seeking reassurance, but got no satisfactory response.
Earlier this week, the Biden-Harris administration announced new steps that will make it easier for colleges and universities to process records and allow for more time being spent to help students. Our top priority is to ensure that students can access the maximum financialaid possible to help them pursue their higher education goals.”
According to Justin Draeger, president and CEO of the National Association of Student FinancialAidAdministrators (NASFAA), he has heard from several financialaid offices from different higher ed sectors that they are anxious about what the policy may bring.
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