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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.
This list is essential for students completing the Free Application for Federal Student Aid (FAFSA), as it contains the unique codes that identify institutions participating in TitleIV federal student aid programs.
This update is crucial for schools administering Federal Pell Grants to ensure compliance with TitleIV regulations. On April 24, 2025, FSA released an important update regarding 202425 Verification Reporting and the handling of Verification Status Code W (GRANTS-25-02).
FSA announced that it will resume flagging FAFSA applicants for potentially fraudulent activity on both the the 2024-25 and 2025-26 forms, which will require that schools complete V4 or V5 verification prior to disbursing any TitleIV aid.
On April 21, the Department issues some FAQs related to the CARES Act at the same time as they issue the agreements for the institutional portion of the funding, and for the first time (in the answer to question 9) mention that students would have to be eligible for TitleIV Financial Aid to be eligible to receive HEERF / CARES Grant funds.
The estimated total number of students at the institution eligible to participate in programs under Section 484 in TitleIV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES Act. as of the 30-day Report and every 45 days thereafter).
The Free Application for Federal Student Aid (FAFSA) opens on Oct. Instead of waiting until a FAFSA deadline approaches, it’s a better idea to submit this important form as close to Oct. If you apply early, not only will you meet all the various FAFSA deadlines, but you might also get more financial aid for college. FAFSA FAQs.
The federal government published a comprehensive guide to how TitleIV 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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