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End of Fresh Start Initiative Reinstates Limited Title IV Eligibility for Defaulted Borrowers (January 2025 Update)

College Aid Services

ET on October 2, 2024. Update on January 6, 2025: The Fresh Start initiative officially ended at 2:59 a.m.

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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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FSA Reinstates Fraudulent Activity Flagging and Verification Process for 2024-25, 2025-26 ISIRs

College Aid Services

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 Title IV aid.

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New Education Department Report Highlights 2024 Experimental Site Findings

College Aid Services

The Education Department released its 2024 Experimental Sites Initiative (ESI) annual report, which contains updates on current findings and experiments.

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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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FSA Announces Winter-Spring 2024 Webinar Series

College Aid Services

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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Update on 2024–25 Verification Reporting and Status Code “W” Warning: What Schools Need to Know

College Aid Services

This update is crucial for schools administering Federal Pell Grants to ensure compliance with Title IV 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).