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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.
The “Paying for College Transparency Initiative” seeks to improve clarity, accuracy, and consistency of student financialaid offers. This national task force will create financialaid offer principles and standards to help students understand education costs and compare offers.
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.
Melanie Storey has been named the new President & CEO of the National Association of Student FinancialAidAdministrators (NASFAA), effective May 1, 2025. Her appointment ends a nine-month search after former President Justin Draeger resigned in June of 2024.
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. Department of Education. “It
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).
Federal Student Aid confirmed this past Friday in an electronic announcement that it has successfully reprocessed FAFSA records that were negatively affected by issues with FPS and FA-DDX.
At an information session held Tuesday evening by the White House and the Department of Education, representatives said they were doing everything they could to troubleshoot and solve FAFSA problems as they arose. Dr. Wil Del Pilar, senior vice president at The Education Trust, an advocacy organization working for educational equity, agreed.
Art Coleman, co-founder of EducationCounsel Coleman was presenting as part of a webinar organized by the National Association of Diversity Officers in Higher Education, part of a series about the cases that could fundamentally re-align their work. Coleman was peppered with questions about what might happen and the potential implications.
If you have any questions about school-specific deadlines, you should talk to your financialaidadministrator. 2023–24 Academic Year State Deadlines: Alabama Contact Your FinancialAid Office – Check with your financialaidadministrator. Arizona Contact Your FinancialAid Office.
The Department of Education has released a new online course designed to guide financialaidadministrators through each part of the FISAP and reviews commons mistakes that users will encounter throughout the process.
Department of Housing and Urban Development estimates that around 56,000 students in higher education experience homelessness annually. Navigating college is challenging for any student, but for those experiencing homelessness, the road is far more daunting. In fact, the U.S. This … Read more ».
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.
While the legislation from Grassley, Smith, and Ernst is necessary to ensure uniformity in financialaid offers across higher education institutions, there is nothing to prevent individual institutions from improving the financialaid offers given to their prospective students in the meantime. 2] [link]. [3]
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?
In the landscape of financialaidadministration, staffing challenges have persistently taken center stage, echoing across industry publications for the past five years.
Department of Education has issued important updates on verification requirements. As we prepare for the 2025-2026 FAFSA cycle, the U.S. Here’s what you need to know: 1. Tax and Income Verification: For students whose tax data is transferred directly from … Read more ».
With a greater understanding of these questions, schools are better able to devise financialaid policies and determine financialaid solutions that foster greater enrollment and strengthen the bonds of their communities. Financialaidadministrators ultimately see themselves as championing the families they serve.
In addition, the post details how financialaidadministrators can identify reprocessed ISIRs and addresses reports about applications with blank SAI fields or erroneously marked for verification.…
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. This year, the U.S. As we continue to assess … 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.
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.
Refugee and asylee students face unique challenges in accessing higher education, but financialaidadministrators can play a crucial role in supporting them. These students are eligible for federal financialaid, yet navigating the documentation and verification processes can be … Read more .
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.
In the ever-evolving landscape of higher education, institutions are continually seeking innovative ways to optimize their operations, streamline processes, and deliver top-notch services to their students. One crucial area that demands precision, accuracy, and efficiency is financialaidadministration.
The 2024–25 Free Application for Federal Student Aid (FAFSA) integrates major changes in the way students will apply for Federal student aid. Education Department (ED), these changes will help students by enabling a better and simpler FAFSA experience. According to the U.S.
As a financialaidadministrator for 26 years, this is when I get concerned. The false presumption among many students that their top-choice college will surely offer them an attractive financialaid package too often leads to students spending little or no time applying for local scholarships.
As a financialaidadministrator for 26 years, this is when I get concerned. The false presumption among many students that their top-choice college will surely offer them an attractive financialaid package too often leads to students spending little or no time applying for local scholarships.
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. Education Department’s (ED) announced their decision to defer their acceptance of batch corrections.
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. Education Department’s (ED) announced their decision to defer their acceptance of batch corrections.
With a greater understanding of these questions, schools are better able to devise financialaid policies and determine financialaid solutions that foster greater enrollment and strengthen the bonds of their communities. Financialaidadministrators ultimately see themselves as championing the families they serve.
Education Department (ED) uses FAFSA data to calculate an applicant’s Student Aid Index, or SAI (formerly referred to as the Expected Family Contribution, or EFC). Financialaidadministrators won’t engage in the negotiation of the terms under which a student will agree to enroll.
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. Education Department (ED). That said, college financialaidadministrators sure would like to have the information as soon as possible.’
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. Department of Education. Many are weighing whether to continue their education or take a job.
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. Department of Education. Many are weighing whether to continue their education or take a job.
As the COVID-19 pandemic dawned in Spring 2020, the federal government granted institutions of higher education a series of waivers and flexibilities that allowed them to continue functioning under radically different conditions. This adjustment may be an administratively complex process. It sort of starts a clock.
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. There is about 1.78 million of the 34.1
Nebraska , from a collection of states arguing that the program hurt their potential revenues, and one, Department of Education v. The state of Missouri argued that it would be damaged by the debt forgiveness through loss of revenue to the Missouri Higher Education Loan Authority (MOHELA), a quasi-state loan servicer.
The Actensures that more families in financial need will receive aid. million additional students are expected to qualify for Federal student aid every year under the Act. Education Department ( ED ) was to complete the changes to the FAFSA system mandated by the Act in time for the 2022-23 award year (college admissions cycle).
Department of Education (ED) announced additional steps to facilitate submitting the 2024–25 FAFSA form. 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. On Monday, the U.S. Dr. Miguel A.
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.
Higher education is bracing as the nation's debt ceiling nears its limit, The Hill reported. defaults, colleges and universities would lose significant federal funding and students may lose access to aid. Justin Draeger Republicans and President Biden have been in negotiations for weeks over the matter. If no deal is made, the U.S.
The shoppers will check whether schools across all higher ed sectors are misleading students and families about credit transferability, job placement rates, and graduates’ future earning potential, among other concerns, according to a press release from the Department of Education. This is a real win for students,” he said.
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