This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
These students bring cultural diversity, academic excellence, and a broader worldview to the classroombut they also bring unique challenges when it comes to financialaid processing. For financialaidofficers and admissions teams, this can mean lengthy back-and-forth communication, incomplete applications, or inconsistent reporting.
As the demands placed on college financialaid professionals continue to growyet staffing levels, budget constraints, and compliance pressures complicate traditional pathways for supportmany financialaid managers are feeling overwhelmed.
Federal Student Aid notified schools that they will transmit a revised draft of the Financial Value Transparency and Gainful Employment (FVT/GE) Completers List by October 27 through their SAIG-TG mailboxes. Financialaidoffices will receive the file as a GEFVCMOP message class and have until Jan.
Today, the Department of Education announced that the deadline for Financial Value Transparency and Gainful Employment Reporting is being extended to January 15, 2025. This announcement provides much needed relief to FinancialAidoffices across the country who are already struggling with issues surrounding the the 2024-25 FAFSA.
FSA has released an electronic announcement to clarify how issues discovered during the 2024-25 FAFSA rollout would be treated in terms of conflicting information and the appropriate steps that FinancialAidoffices should take.
The latest electronic announcement outlines 2024-25 federal guidelines to determine when a FAFSA applicant qualifies for independent status as a unaccompanied youth who is homeless, self-supporting, or at risk of being homeless.
The Department of Education has provided important reminders and resources for financialaidoffices to ensure that their 22-23 Direct Loan data is submitted by the July 31st deadline.
FSA has released additional guidance for when and how financialaidoffices should reconcile their institution’s federal Pell Grant funding each year; including the the process for internal as well as external reconciliations.
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.
As schools handle sensitive information, such as family financial records and student data, it’s essential to prioritize cyber awareness and implement strong security measures. This is particularly crucial when it comes to financialaid solutions, which often involve collecting and storing highly sensitive information.
FinancialAidOffices 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.
Starting July 1st, FinancialAidoffices will receive the NSLDS Incarcerated Student Report: a new annual report that identifies Pell Grant recipients who are incarcerated or confined without a release date.
FSA has released an electronic announcement to clarify how issues discovered during the 2024-25 FAFSA rollout would be treated in terms of conflicting information and the appropriate steps that FinancialAidoffices should take.
Two new Gainful Employment regulations that implement greater requirements for distant education courses and limit overall program length will take effect on July 1, 2024 for schools across the country.
This fact, which is expected to cause difficulties throughout the financialaid and college admissions process, is glossed over by the positive spin that the ED has adopted for the Better FAFSA Better Future Roadmap (Roadmap) that is the primary instrument for the rollout.
The roots of these equity gaps in many places fall at the feet of the colleges and institutions themselves, the way we admit students, the way we advise them, the way we register them for classes, the way we package them for financialaid.". How to Improve Student Outcomes.
Our research shows that difficulty accessing the college—whether it’s reaching enrollment staff, the financialaidoffice, or academic advising—can be disruptive to the student experience. 63% agreed that difficulty connecting with enrollment offices can cause current students to leave the institution.
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. FAFSA data is also critical for the states that use it as the basis for their own awards of financialaid.
These new steps include reducing verification requirements, suspending routine school compliance reviews and providing flexibility on renewing participation in the federal student aid programs. Our concierge service is up and running, and we’re getting ready to deploy financialaid experts to support colleges.”
The Department of Education’s announcement last week of a secret shopper program to investigate the recruitment, enrollment, and financialaid practices of schools has garnered mixed reactions. While advocates of access hailed the policy, the for-profit sector and financialaidoffices raised worries.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content