College Aid Services

MARCH 17, 2025

FSA has notified institutions that it will suspend batch processing for the Common Origination Disbursement System (COD) as it makes important updates in preparation for the 2025-26 academic year. The outage is scheduled to occur from midnight to 11 a.m.

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College Aid Services

APRIL 4, 2025

The Department of Education has confirmed the 2025-26 federal funding allocations for the Federal Supplemental Educational Opportunity Grant (FSEOG) and Federal Work-Study (FWS) programs. 3 Update) first appeared on College Aid Services. 3 Update) The post Final Funding Authorizations for 202526 Campus-Based Programs (Apr.

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College Aid Services

FEBRUARY 14, 2025

The Department of Education has announced another extension of the submission deadline for evaluating Completers’ List and reporting data for Financial Value Transparency and Gainful Employment (FVT/GE) to September 30, 2025.

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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

FEBRUARY 12, 2025

The Department of Education released important details about the application process for institutions wishing to participate in the Work Colleges Program under the Federal Work-Study (FWS) Program for the 2025-26 award year.

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College Aid Services

OCTOBER 28, 2024

Federal Student Aid notified schools that they will transmit a revised draft of the Financial Value Transparency and Gainful Employment (FVT/GE) Completers List by October 27 through their SAIG-TG mailboxes. Financial aid offices will receive the file as a GEFVCMOP message class and have until Jan.

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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

JANUARY 31, 2025

Federal Student Aid announced the preliminary funding levels for the Federal Supplemental Educational Opportunity Grant (FSEOG) and Federal Work-Study (FWS) programs for the 2025-26 academic year, based on the 2024-25 award year appropriations.

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College Aid Services

APRIL 11, 2025

The Department of Education has confirmed the 2025-26 federal funding allocations for the Federal Supplemental Educational Opportunity Grant (FSEOG) and Federal Work-Study (FWS) programs. 10 Update) first appeared on College Aid Services. 10 Update) The post Final Funding Authorizations for 202526 Campus-Based Programs (Apr.

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College Aid Services

FEBRUARY 24, 2025

24, 2025 The post FY 2022 Official Cohort Default Rates Distributed Feb. 24, 2025 first appeared on College Aid Services. Below is breakdown of what schools can expect to receive, how to submit an appeal, and additional resources to help navigate the… More FY 2022 Official Cohort Default Rates Distributed Feb.

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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

JANUARY 31, 2025

The Department of Education has released the 2025-26 Federal Pell Grant maximum award of $7,395, with the minimum set at $740 in the Dear Colleague Letter below.

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College Aid Services

OCTOBER 8, 2024

Federal Student Aid has added Volume 7 – Comment Codes to the 2025-26 FAFSA Specifications Guide.

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College Aid Services

AUGUST 26, 2024

Federal Student Aid has released the first four 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

AUGUST 1, 2024

The Fiscal Operations Report for 2023-24 and Application to Participate for 2025-26 (FISAP) was approved by the federal government earlier this year and the deadline to submit is Tuesday, October 1st at 11:59 p.m. ET; corrections to the report will be on December 13, 2024.

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College Aid Services

FEBRUARY 21, 2025

21, 2025: We updated Volume 5 Edits and Rejects and Volume 7 Comment Codes. The changes made are specified in… More 202425 FAFSA Specifications Guide (February 2025 Update #2) The post 202425 FAFSA Specifications Guide (February 2025 Update #2) first appeared on College Aid Services. Update on Feb.

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College Aid Services

FEBRUARY 12, 2025

The Department of Education released important details about the application process for institutions wishing to participate in the Work Colleges Program under the Federal Work-Study (FWS) Program for the 2025-26 award year.

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College Aid Services

JANUARY 8, 2025

The Office of Postsecondary Education (OPE) has launched a new resource page designed to address the community’s frequently asked questions regarding topics such as Administrative Capability, Financial Responsibility, and Program Integrity. OPE will continue to update the page as additional inquiries are received.

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College Aid Services

MARCH 25, 2025

Institutions that face hardship in allocating 7% of their Federal Work-Study program funding to community service jobs can request a waiver for the 2025-26 academic year. on Monday, April 21, 2025. Waiver requests must be submitted to the Department of Education by 11:59 p.m.

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College Aid Services

MAY 10, 2025

On May 9, 2025, FSA published the February 2025 report on foreign gifts and contracts reported by U.S. higher education institutions, as mandated by Section 117 of the Higher Education Act of 1965.

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College Aid Services

JUNE 9, 2025

The Department of Education has announced significant measures to combat identity fraud in federal student aid programs, including those particularly targeting the Pell Grant program which has been susceptible to sophisticated fraud schemes.

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College Aid Services

JANUARY 15, 2025

14, 2025: The Department updated this EA to reflect that we updated Frequently Asked Questions related only to Administrative Capability and Financial Responsibility. 14 Update) first appeared on College Aid Services. Update Jan.

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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

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 first appeared on College Aid Services. Below are the most important details from the announcement.

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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

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

JULY 25, 2024

Federal Student Aid has published two volumes the 2024-2025 Federal Student Aid Handbook and updated the Application Verification Guide. What has changed: Volume 8: The Direct Loan Program – This volume discusses the William D. Ford Federal Direct Loan Program (Direct Loan Program) and describes how the U.S.

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College Aid Services

MARCH 5, 2024

FSA transmitted test file to active… More » Stay Informed: Key Updates on 2024-2025 ISIR Transmission and Delivery The post Stay Informed: Key Updates on 2024-2025 ISIR Transmission and Delivery first appeared on College Aid Services.

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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

JANUARY 9, 2024

The Department of Education has made the 24-25 Application and Verification Guide as well as the 23-24 FSA Assessments resource available online. To obtain a digital copy of both documents, read the instructions below.

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College Aid Services

APRIL 5, 2024

Institutions now have access to the newest version of the 2024-2025 Federal Student Aid Handbook, which include changes to the volumes related to managing federal aid funding and student eligibility.

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College Aid Services

AUGUST 26, 2024

Federal Student Aid has published the Appendices of the 2024-2025 Federal Student Aid Handbook. These sections contain information that is too comprehensive for one volume and must be separated in order to maintain the handbook’s overall flow.

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College Aid Services

AUGUST 2, 2024

Federal Student Aid has published Volume 2: School Eligibility and Operations of the 2024-2025 Federal Student Aid Handbook. What has changed: Volume 2 – School Eligibility and Operations is now available on the FSA Knowledge Center.

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College Aid Services

FEBRUARY 29, 2024

Two volumes from the 2024-2025 Federal Student Aid Handbook regarding student eligibility for awards, parent borrowers, and Pell Grants are now publicly available. To access all nine volumes of the handbook or submit any questions that you may have, visit FSA’s Knowledge Center as well as their Customer Support webpages.

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Diverse: Issues in Higher Education

SEPTEMBER 13, 2024

I’m putting my time and energy into my education and volunteer efforts and living on campus on my scholarship and financial aid,” she says. Dr. Jennifer Nájera Another step forward came in 2013 with the passing of the California Dream Act, which made undocumented students eligible to apply for state financial aid.

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College Aid Services

DECEMBER 12, 2024

The bill requires the FAFSA to be available… More President Biden Signs the FAFSA Deadline Act, Law Takes Effect Fall 2025 The post President Biden Signs the FAFSA Deadline Act, Law Takes Effect Fall 2025 first appeared on College Aid Services.

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