College Aid Services

MARCH 15, 2023

Federal Student Aid’s Office of Enforcement announced that it will add the use of secret shoppers to it’s toolbox. The secret shoppers will be used to help evaluate an institution’s recruitment, enrollment, financial aid, and other practices.

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Title IV Compliance Financial aid Students 52

College Aid Services

SEPTEMBER 7, 2023

Department of Education announced settlement agreements with five law schools after a Federal Student Aid investigation revealed that the schools improperly disbursed Title IV funds. The schools had distributed funds to students who were enrolled in unaccredited programs, resulting in nearly $2.9

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Title IV Education Financial aid Students 97

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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Title IV Application Administration Administration 52

College Aid Services

NOVEMBER 21, 2023

FSA has published a reminder of the general disbursement reporting, excess cash, and reconciliation requirements for all Title IV programs.

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Title IV Financial aid Compliance Students 85

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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Title IV Education Financial aid Students 104

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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Title IV Education Financial aid Compliance 102

EAB

JUNE 12, 2023

Headlines about student debt and poor student outcomes have prompted federal attention. The Department reevaluated this exception due to “the growth in online enrollment and associated federal student debt” since its inception in 2011. What was not expected, however, was their expansion of the third-party servicer definition.

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Title IV Compliance University Retention 52