College Aid Services

FEBRUARY 25, 2025

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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College Aid Services

APRIL 25, 2025

On April 24, 2025, FSA released an important update regarding 202425 Verification Reporting and the handling of Verification Status Code W (GRANTS-25-02). This update is crucial for schools administering Federal Pell Grants to ensure compliance with Title IV regulations.

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College Aid Services

SEPTEMBER 13, 2024

Today, the Department of Education announced that the deadline for Financial Value Transparency and Gainful Employment Reporting is being extended to January 15, 2025. This announcement provides much needed relief to Financial Aid offices across the country who are already struggling with issues surrounding the the 2024-25 FAFSA.

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College Aid Services

MARCH 21, 2025

Updated March 21st The Department of Education continues to update the “Technical Frequently Asked Questions and Known Issues” to address issues for the 2024-25 and 2025-26 FAFSA applications. According to the FAQ, there are currently 3 open issues and 3 that have been resolved.

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College Aid Services

FEBRUARY 24, 2025

The Department of Education has released an updated timeline for launching batch institutional corrections for the 2024-25 and 2025 -26 FAFSA applications through the Electronic Data Exchange (EDE). 27 The post Beta Testing Phase Ends for FAFSA Batch Correction, Processing Begins Feb.

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College Aid Services

OCTOBER 16, 2024

Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time.

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College Aid Services

OCTOBER 9, 2024

Federal Student Aid has released volumes of the 2025-26 FAFSA Specifications Guide. The volumes contained in this guide contain FAFSA Processing System (FPS) technical information for the 2025-26 award year and are only available as PDF documents at this time.

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College Aid Services

JULY 31, 2024

Federal Student Aid revealed yesterday that batch institutional corrections will be delayed until the 2025-26 because schools would not have access until after the fall semester begins and to prioritize a success rollout of next year’s FAFSA application.

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College Aid Services

MARCH 4, 2024

Federal Student Aid has published several important changes regarding the 2024-2025 FAFSA. What changed? FSA has replaced the SAI formula that it released on February 27th with its previous iteration due to the passage of the Extension of Continuing Appropriations and Other Matters Act, 2024.

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College Aid Services

DECEMBER 12, 2024

8932, also known as the FAFSA Deadline Act, is federal law now that it has the President’s signature. The bill received overwhelming bipartisan support with a 381-1 vote in the House of Representatives on November 15 and then passed unanimously in the Senate one week later.

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College Aid Services

JANUARY 21, 2025

The Department of Education has released an updated timeline for launching batch institutional corrections for the 2024-25 and 2025 -26 FAFSA applications through the Electronic Data Exchange (EDE).

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College Aid Services

MARCH 18, 2025

EDconnect will automatically download and import the updated message class table, which includes new message classes for Common Origination and Disbursement (COD) System and FAFSA Processing System (FPS).

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Diverse: Issues in Higher Education

DECEMBER 9, 2024

Student debt issues loom, and problems due to the rollout of the 2024-25 FAFSA linger. That over compliance as a residual effect of whats happening in Texas, Tennessee and Florida, is also happening in California. The California State University system has announced a direct admissions pilot program to begin in 2025.

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