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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 as well. There’s …
To celebrate Data Privacy Week in January, the Federal Student Aid Training Center created a collection of training resources for financial aid administrators. And while this may be the last thing on your mind at this busy time of year, it’s important to make …
This is the time of year we typically talk about draft Cohort Default Rate (CDR) and managing your institutions CDR throughout the year. In light of the now almost three-year pause on most federal student loan payments, the number of borrowers in the Federal F …
This year’s graduating class is the first since 2019 to know exactly when student loan repayment will start. It’s been confirmed that the current repayment pause will end sixty days after the Supreme Court makes a decision on the Biden administration’s loan fo …
On January 26, 2023, the Department of Education released the 2023-2024 Federal Pell Grant Payment and Disbursement Schedules. Each year, HEAG monitors the Pell Grant changes closely to share the news with our client base. On December 29, 2022, the President s …
Federal student loans will be forgiven…no they won’t. Repayment will start this month…but it didn’t. If your head is spinning from the back-and-forth of the last few months, you’re not alone. Here is a recap of recent happenings, what we expect to happen movin …
We work in a wonderful community where agencies — both private and government — provide us with the tools we need to understand regulatory changes that may impact our processes or maybe just best practices that help us better serve our students. Here are a few …
2022 brought us a little closer to what life was like before COVID-19 changed the world. And although it may feel ‘normal’, we’re still processing under a number of exceptions and waivers instituted in 2020 since the COVID-19 National Emergency is on-going. As …
The Consolidated Appropriations Act of 2021 included a number of changes to federal financial aid processing and student eligibility lumped together under the umbrella FAFSA Simplification. While the most impactful changes won’t come until the 2024-2025 award …
The first ISIRs for 2023-2024 have started to roll in and it won’t be long before you are putting together financial aid awards for your incoming students. How confident are you that your financial aid management system (FAMS) is calculating properly under all …
We’ve all experienced it whether as a manager or a peer — that co-worker who just doesn’t pull their weight. You know, the one who comes in late every time they’re supposed to open the office; the one who calls in sick when they have a full day of student appo …
Higher Education is feeling the effects of the ‘Great Resignation’ as keenly as any industry and for many campuses the pipeline of work study student to entry level hire to middle management may not be working as seamlessly as in the past. You may also find th …
On a quarterly basis Federal Student Aid (FSA) publishes a list of institutions that are required to use a payment method known as Heightened Cash Monitoring (HCM). This designation can be the result of things under the control of the Financial Aid Administrat …
When we wrote last month about the Federal Debt Relief Program, we had more questions than answers. Many of those questions have now been answered by the Department of Education (ED). Read on for the details the initial announcement did not provide… Question: …
We don’t get the downtime we once did when the Free Application for Federal Student Aid opened in January, but fall is still the best time for financial aid administrators to take advantage of the many professional development opportunities available. State an …