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Is your institution compliant with Title IV regulations?

College Aid Services

Department of Education announced settlement agreements with five law schools after a Federal Student Aid investigation revealed that the schools improperly disbursed Title IV funds. The schools had distributed funds to students who were enrolled in unaccredited programs, resulting in nearly $2.9

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Secret Shoppers to Evaluate Recruitment, Enrollment Practices, and Title IV Compliance

College Aid Services

Federal Student Aid’s Office of Enforcement announced that it will add the use of secret shoppers to it’s toolbox. The secret shoppers will be used to help evaluate an institution’s recruitment, enrollment, financial aid, and other practices.

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Reminder: Title IV Aid: Disbursement Reporting, Excess Cash, and Reconciliation Requirements

College Aid Services

FSA has published a reminder of the general disbursement reporting, excess cash, and reconciliation requirements for all Title IV programs.

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Upcoming Webinars Offer Title IV Recertification Training to Eligible Institutions

College Aid Services

Federal Student Aid is hosting a pair of webinars later this year to train administrators on the recertification process for Title IV programs, which must be submitted 90 days before the expiration of their school’s Program Participate Agreement (PPA).

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Dept. of Education Issues Guidance on Handling FAFSA Data When Administering Student Aid

College Aid Services

The federal government published a comprehensive guide to how Title IV institutions state grant agencies, and contractors can utilize personally identifiable information that they receive from the FAFSA Application. of Education Issues Guidance on Handling FAFSA Data When Administering Student Aid The post Dept.

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FSA Announces 2024-25 Fundamentals Training Series

College Aid Services

Federal Student Aid has created a new training series that focuses on rudimentary topics such as how schools request funds from the Department of Education, reporting requirements, and institutional eligibility for Title IV funds.

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Reminder: Final Reconciliation for Campus-Based Aid Due by December 13

College Aid Services

FSA has issued another important reminder to institutions regarding federal requirements for excess cash management, reconciliation, and reporting Title IV aid disbursements. Schools have until December 13, 2024 to make any changes to their financial aid data for Campus-Based programs for the 2023-24 academic year.