College Aid Services

JANUARY 25, 2023

Posted: January 25, 2023 Author: Federal Student Aid Subject: 2023-2024 FAFSA Verification-Internal Revenue Service (IRS) Tax Return Transcript Matrix Attached to this Electronic Announcement is the 2023-2024 FAFSA Verification-IRS Tax Return Transcript Matrix that institutions can use for 2023-2024 verification of IRS tax return information included (..)

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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

JULY 25, 2023

The electronic announcement (CB-23-13) can be found on the FSA website and is also below for reference.

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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. Education Department (ED), these changes will help students by enabling a better and simpler FAFSA experience. According to the U.S.

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College Aid Services

DECEMBER 17, 2024

The Department of Education has released the Application and Verification Guide of 2025-26 Federal Student Aid Handbook. The text is designed for financial aid professionals and counselors to help students file their FAFSA applications, make corrections, and verify information.

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College Aid Services

DECEMBER 13, 2024

Financial Aid Offices can now utilize the Application Receipt Date on the 2024-25 paper FAFSA forms to determine a student’s eligibility for late disbursements using a copy of the original paper FAFSA, mailing receipts if there discrepancies.

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College Aid Services

AUGUST 2, 2024

Update 8/1/24: Following its July 24th update, Federal Student Aid has clarified its guidance on resolving conflicting information for applicants or contributors that have FTI data and manually indicated that they did not file a U.S. tax return for 2022.

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College Aid Services

JULY 25, 2024

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?

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College Aid Services

OCTOBER 16, 2024

Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time.

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College Aid Services

OCTOBER 9, 2024

Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time.

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College Aid Services

JULY 31, 2024

Federal Student Aid revealed yesterday that batch institutional corrections will be delayed until the 2025-26 because schools would not have access until after the fall semester begins and to prioritize a success rollout of next year’s FAFSA application.

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College Aid Services

MARCH 4, 2024

Federal Student Aid has published several important changes regarding the 2024-2025 FAFSA. What changed? FSA has replaced the SAI formula that it released on February 27th with its previous iteration due to the passage of the Extension of Continuing Appropriations and Other Matters Act, 2024.

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College Aid Services

JULY 30, 2024

The Department of Education has provided updated guidance on the use of FAFSA data for identifying students who may be eligible for means-tested benefits. Initially designated under Section 483(a)(3)(E) of the Higher Education Act of 1965, this provision allowed institutions to utilize FAFSA data for outreach purposes.

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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

APRIL 28, 2023

Three years ago, Congress enacted long-overdue reforms in the passage of the FAFSA Simplification Act of 2020, which substantially improves Federal student aid process. million additional students are expected to qualify for Federal student aid every year under the Act. Originally, the U.S.

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Diverse: Issues in Higher Education

FEBRUARY 13, 2024

Department of Education (ED) announced additional steps to facilitate submitting the 2024–25 FAFSA form. Last week, ED announced $50 million in funding for personnel and resources, including technical assistance and support, deployed to support institutions, students and their families with Better FAFSA®. On Monday, the U.S.

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Diverse: Issues in Higher Education

DECEMBER 9, 2024

As the year winds down, undergraduate and graduate students, faculty, staff and administration are left to wonder what comes next in higher education. Student debt issues loom, and problems due to the rollout of the 2024-25 FAFSA linger. In tandem, many non-profit and for-profit partners are doing the same thing.

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