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GE & FVT Reporting Deadline Extended to January 2025

College Aid Services

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 Financial Aid offices across the country who are already struggling with issues surrounding the the 2024-25 FAFSA.

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Resolving Conflicting Information on the 2024-25 FAFSA

College Aid Services

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 Financial Aid offices should take.

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FSA Guide to Closeout 2022-23 Direct Loan Program

College Aid Services

The Department of Education has provided important reminders and resources for financial aid offices to ensure that their 22-23 Direct Loan data is submitted by the July 31st deadline.

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Reminder: Federal Pell Grant Program Reconciliation

College Aid Services

FSA has released additional guidance for when and how financial aid offices should reconcile their institution’s federal Pell Grant funding each year; including the the process for internal as well as external reconciliations.

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Reminder: Title IV Eligibility Requirements for Unaccompanied, Homeless Youth

College Aid Services

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.

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Dept. of Education Provides Late Disbursement Flexibility for 2024-25 Paper FAFSA Filers

College Aid Services

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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Resolving Conflicting Information on the 2024-25 FAFSA (August 2024 Update)

College Aid Services

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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