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Higher ed association leaders are looking to address financialaid confusion by forming a task force to establish guiding principles and standards for student aid offers. Dr. Ted Mitchell Higher ed institutions often use different terminology and guidelines when providing financialaid information.
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
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.
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.
The National Association of Independent Schools found over the course of the 2022-23 school year that 43 percent of students at boarding schools received financialaid , and at day schools that number was 24 percent. Expanding eligible financialaid for expenses beyond tuition, such as extracurricular activities, books, and supplies.
Unfortunately, recent research suggests that many students are not provided clear, concise, and accurate information they need to fully understand the financial implications of the choices they have made. Moreover, schools have resources at their disposal to do so. For one thing, the U.S.
Institutions review the data and put together a financialaid offer, helping families decide which institution is the best fit for them and their wallets. The result of all the chaos could be a diminished freshman class entering postsecondary education in fall 2024 and a continued racial gap in educational achievement.
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.
In the landscape of financialaidadministration, staffing challenges have persistently taken center stage, echoing across industry publications for the past five years.
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.
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.
It’s important for students to submit their applications for financialaid as soon as possible. The sooner you file your FAFSA the better your chances of maximizing your financialaid. If you have any questions about school-specific deadlines, you should talk to your financialaidadministrator.
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).
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.
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.
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 .
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?
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 ».
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 ».
The National Association of Independent Schools found over the course of the 2022-23 school year that 43 percent of students at boarding schools received financialaid , and at day schools that number was 24 percent. Expanding eligible financialaid for expenses beyond tuition, such as extracurricular activities, books, and supplies.
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.…
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.
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.
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 .
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.
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.
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.
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. They then can send Award Letters to admittees with all pertinent financialaid information.
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. They then can send Award Letters to admittees with all pertinent financialaid information.
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). You can complete the form to apply for financialaid to help pay for attendance at college between July 1, 2024, and June 30, 2025.
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. I don’t think that any of this will come as a surprise or be difficult for institutions to comply with,” she said.
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
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.
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.
Before making that choice, students should ensure that they have received the best possible financialaid offer from each of those colleges. When a student is accepted by a college, he or she can expect to receive a financialaid offer letter with it or a short time afterwards. Dependency override. (A
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. These new steps include reducing verification requirements, suspending routine school compliance reviews and providing flexibility on renewing participation in the federal student aid programs. On Monday, the U.S. Dr. Miguel A.
The court ruled 6-3 along partisan lines that a program with such a large impact was beyond the power of the Department of Education to enact without the approval of Congress. The court ruled that although MOHELA is distinct from the state itself, Missouri may still sue to remedy harm involving the non-profit.
Craig Slaughter has been named executive director of financialaid at Wake Forest University. Craig Slaughter Slaughter has served as the associate vice president for enrollment and director of financialaid at Kenyon College since 2017.
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.
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