College Aid Services

APRIL 4, 2024

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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College Aid Services

FEBRUARY 15, 2024

In a Dear Colleague letter, the Department of Education provided the requirements for institutions who want to receive Title IV aid for direct assessment programs.

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College Aid Services

DECEMBER 28, 2023

The Department of Education reiterates that institutions must have certain calculations evaluated and approved by an independent auditor to maintain their eligibility for Title IV aid. Read the complete FSA announcement below.

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College Aid Services

MARCH 16, 2023

Department of Education, Office of Inspector General has published its new Title IV Audit Guide, Guide for Financial Statement Audits of Proprietary Schools and For Compliance Attestation Examination Engagements of Proprietary Schools and Third-Party Servicers Administering Title IV Programs (Guide).

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College Aid Services

SEPTEMBER 18, 2024

Earlier this year, the Department of Education amended regulations for mandatory and discretionary trigger reporting that went into effect on July 1 for institutions receiving Title IV funding.

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College Aid Services

AUGUST 6, 2024

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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College Aid Services

JUNE 27, 2024

Beginning July 1st, new regulations concerning financial responsibility triggers that must be reported to the Department through the COD Document Center will go into effect for institutions that receive Title IV aid.

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College Aid Services

MAY 16, 2024

On Thursday, May 16, the Department of Education released a new Dear Colleague letter (GEN-24-07) which outlines forthcoming changes to several regulations that affect an institution’s eligibility to participate in Title IV, HEA programs.

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College Aid Services

FEBRUARY 28, 2024

In a Dear Colleague letter, the Department of Education provided the requirements for institutions who want to receive Title IV aid for direct assessment programs.

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College Aid Services

DECEMBER 15, 2023

Federal Student Aid has announced an additional set of webinars in their Wednesday Webinar Series, a series of live webinars which cover a variety of topics related to the Title IV programs. The webinars provide the most recent guidance from the U.S.

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College Aid Services

MAY 17, 2023

The Department of Education (ED) released Dear Colleague Letter (DCL) GEN-23-03 earlier this year to ensure proper oversight of Third-Party Services that perform various functions related to institutions’ participation in Title IV aid programs.

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College Aid Services

APRIL 13, 2023

Richard Cordray, Chief Operating Officer of Federal Student Aid, sent a letter this week to higher education leaders advising them to be ready for the impact the 2024-25 FASFA will have at their institutions. The letter outlines several potential impacts that the changes could have at institutions that participate in Title IV programs.

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IHEP Institute for Higher Education Policy

OCTOBER 23, 2019

To help address this problem, beginning in 2011, federal legislation required that all Title IV participating institutions – those receiving federal student aid funds – add a Net Price Calculator (NPC) to their websites. The Net Price Calculator Improvement Act (H.R. 889) aims to address some of these issues.

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College Aid Services

APRIL 18, 2024

Federal Student Aid has announced the publication of Volume 3 of the 2024-2025 Federal Student Aid Handbook which discusses the academic calendar, payment period, and disbursement requirements for awarding aid under the Title IV student financial aid programs, determining a student’s cost of attendance, and packaging Title IV aid.

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College Aid Services

JUNE 14, 2024

The Department has released a detailed outline of the latest changes to the Ability to Benefit (ATB) regulations and Eligible Career Pathway Program for students without a high school diploma that want to apply for Title IV aid.

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College Aid Services

NOVEMBER 1, 2024

The electronic announcement below describes the federal requirements for Title IV institutions to disclose all related party transactions in their audited financial statements in accordance with guidance set by the AICPA.

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College Aid Services

NOVEMBER 8, 2024

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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College Aid Services

SEPTEMBER 11, 2024

Return to Title IV (R2T4) remains a top 10 compliance finding year over year, and one of the most complex processes facing financial aid professionals today.

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Student Loan Hero

DECEMBER 22, 2022

If you apply early, not only will you meet all the various FAFSA deadlines, but you might also get more financial aid for college. 3 dates to know Since some financial aid is doled out on a first-come, first-served basis, it’s a good idea to submit the FAFSA as soon as you can. Here are the details you should know about….

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College Aid Services

DECEMBER 17, 2024

The Department of Education is reminding Title IV institutions of their responsibility to make their cost of attendance (COA) information readily available for prospective and current students in accordance with federal regulations. What should the COA include?

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College Aid Services

NOVEMBER 18, 2024

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.

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College Aid Services

SEPTEMBER 19, 2024

In a recent publication, Federal Student Aid released key deadlines for Title IV institutions must submit reports for the 2024-25 academic year.

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College Aid Services

SEPTEMBER 26, 2024

The announcement below reminds Title IV-eligible institutions and third-party servicers that they are prohibited from making substantial misrepresentations and outlines several examples of conduct that would violate federal law.

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Moneyman

JUNE 12, 2020

The agreement says that schools “…[retain] discretion to determine the amount of each individual emergency financial aid grant consistent with all applicable laws including non-discrimination laws.” On April 9, the Department publishes the agreements and amounts of funding which would be available under the HEERF.

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Moneyman

MAY 31, 2020

The total amount of funds that the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students. Any instructions, directions, or guidance provided by the institution to students concerning the Emergency Financial Aid Grants.

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Diverse: Issues in Higher Education

FEBRUARY 28, 2023

Solicitor General Elizabeth Prelogar argued that the HEROES Act of 2003 gives clear authority for debt cancellation by authorizing the Secretary of Education to “waive or modify” provisions relating to Title IV of the Higher Education Act, which authorizes student loans.

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HEAG

MARCH 22, 2023

On January 31, President Biden announced the national emergency declarations related to the COVID-19 pandemic will be ending on May 11, 2023 , and that means the flexibilities and exceptions in the Title IV financial aid programs will be ending … Read more ».

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Diverse: Issues in Higher Education

DECEMBER 12, 2023

college, university, and technical and vocational institutions eligible to participate in any of the Title IV federal student financial aid programs. Miguel Cardona IPEDS gathers information annually from U.S. Secretary of Education Dr. Miguel A.

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College Aid Services

NOVEMBER 6, 2024

The electronic announcement below provides Title IV institutions with important information on how to submit any changes or corrections to the Fiscal Operations Report for 2023–24 and the Application to Participate for 2025–26 (FISAP). 13 FISAP Correction Deadline Nears first appeared on College Aid Services.

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