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As a result of The Department of Education revising the eZ-Audit reporting system, NACUBO has shared a guide that addresses eZ-Audit and Financial Responsibility regulation that took effect on July 1, 2020.  To read this article

The Office of Postsecondary Education maintains and shares a website containing frequently asked questions (FAQs) that pertain to the COVID-19 pandemic and the CARES Act..  Click here to access these resources

Federal Student Aid has shared that the 2021-2022 FAFSA® Form and myStudentAid Mobile app are avaiable.  The application will be available until June 30, 2022.  Click here to read the electronic announcement

The Department of Education (the Department) provided the 2017 official cohort default rate (CDR) notification packages to all eligible domestic and foreign schools.  Click here to read the electronic announcement

Federal Student Aid has shared and identified multiple ransomware attacks that could have a "crippling" impacts on education institutions. Read the announcement

Federal Student Aid has released Volume 4 – Processing Aid and Managing FSA Funds of the 2020-2021 Federal Student Aid Handbook.  Click here to access Volume 4 - 2020-2021 Federal Student Aid Handbook

National Association of College and University Business Officers (NACUBO) shared:  What Did I Miss In Washington?   July 28 - August 10, 2020.  To read this news

U.S. Department of Education is working to improve Federal Student Loan Servicing.  Read the blog 

Federal Student Aid shares Fiscal Operations Report for 2019–20 and Application to Participate for 2021–22 (FISAP) Reporting Instructions and Additional Flexibilities Under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).  Read the announcement

The U.S. Department of Education announces the availability of Volume 1 - Student Eligibility of the 2020-2021 Federal Student Aid Handbook.  Read the announcement

To access Volume 1 - Student Eligibility of the 2020-2021 Federal Student Aid Handbook, click here.

To access the 2020-2021 Federal Student Aid Handbook click here.

 

Federal Student Aid announced that the 2020 FSA Training Conference for Financial Aid Professional will be held virtually on December 1-4, 2020 and the conference will include dynamic keynote addresses, engaging forums and informative breakout sessions.  FSA is encouraging the financial aid community to share this virtual conference with their colleagues.  Read the announcement

National Credit Union Administration (NCUA) releases latest Quarterly U.S. Map Review.  NCUA's Quarterly U.S. Map Review tracks performance for federally insured credit unions in all 50 states, including the District of Columbia.  Click here for Q1 2020 U.S. Map Review

National Credit Union Administration (NCUA) releases data on the financial performance of federally insured credit unions for quater ending March 31, 2020.  To access the Q1 2020 Credit Union System Performance Data, click here

Federal Student Aid continues to make improvements on the Next Gen FSA inititaive to update studentaid.gov.  Additional updates were made to promote financial literacy and improve the information and self-service tools available to students, parents and borrowers.  Read the announcement

ACA International shares Kaulkin Ginsberg 2020 State of The Industry Report which demonstrates an overview of operations, characteristics and economic impact of accounts receivable manage (ARM) companies.  The Kaulkin Ginsberg report relied upon 2018 data, other industry resources and the most current publicly available information.  The ARM industry is made up of third-party collections agencies, debt buyers, collection law firms and other financial institutions and services primarily Health Care, Property Management, Student Loan, Government, Telecom & Utility, Financial Services, and Other (retail, personal services...).  To access the report

Training magazine, an advocate for training and workforce development for businesses, shares valuable information and resources, including development programs.  Check out an article they shared regarding 5 Tips to Boost Health and Well-Being While Working from Home.  To read Training magazine news and articles

 

Coalition of Higher Education Assistance Organizations (COHEAO) shared a "Spark Note" from The U.S. Department of Health and Human Services (HHS) regarding administrative forebearance for the health professions student loan and Nurse Faculty Loan programs during the COVID-19 pandemic through September 30, 2020.  Click here to vist the COHEAO "Spark Notes"

U.S. Department of Education offers the most up to date Information and Resources for Schools and School Personnel regarding COVID-19.  Click here to access these resources

Federal Student Aid announced the availability of the indexed d version of the 2019-2020 Federal Student Aid Handbook. Read the announcement

National Credit Union Administration (NCUA) shared frequently asked questions regarding COVID-19, NCUA and Credit Union Operations.  Click here to read FAQ

Coalition of Higher Education Assistance Organizations (COHEAO) shared a "Spark Note" regarding outreach to fight to restore the Perkins Loan servicing Administrative Cost Allowance (ACA).  COHEAO and their members are looking for support from schools to contact legislators and staff who represent state Appropriations Committee.  Click here to vist the COHEAO "Spark Notes"

U.S. Secretary of Education, Betsy DeVos announced that more than $6 billion in emergency cash grants will be distributed to colleges and universities impacted by COVID-19.  To read this announcement

Coalition of Higher Education Assistance Organizations (COHEAO) shared "Spark Note" regarding Guidance for colleges and universities - including options for Perkins borrowers who are impacted by COVID-19 and facing financial hardships.  Click here to vist the COHEAO "Spark Notes"

ED shares guidance to school officials that may have concerns regarding disclosure of personally identifiable information (PII) when addressing Coronavirus Disease (COVID-19).  To access the page and download the document

InsideARM shares COVID-19 Impact and Resources including:  Debt Collection Prohibitions, Federal Notices, State Notices, External Resources, Webinars, Whitepapers and Tech Provider Solutions.  To access these resources

ACA International shared with its members resources on managing business operations during this national emergency as a result of coronavirus (COVID-19), including updates from state regulatory agencies obtained by ACA Officials.  To read this news

Other valuable resources:
NMLS Resource Center
State Agency Communication/Guidance on Coronavirus/COVID-19
FDIC:  Frequently Asked Questions for Financial Institutions

ConServe is a proud member of ACA International and a Professional Practices Management System (PPMS™) certified agency that you can trust.  Currently only 1%, of the more than 6,000 collection agencies, have achieved PPMS™ certification.

National Credit Union Administration (NCUA) releases data on the financial performance of federally insured credit unions in the quarter ending December 31, 2019.  To access the Q4 2019 Credit Union System Performance Data, click here

Federal Student Aid shared guidance for interruptions addressing concerns by higher education leaders about complying with Title IV, Higher Education Act (HEA) policies for students impacted by COVID-19.  Read the announcement

InsideARM shared that the U.S. House of Representatives passed H.R. 5003, Fair Debt Collection Practices for Servicemembers Act with a unanimous vote, 355-0. The bill is now being reviewed by the Senate.  Read the article 

Federal Student Aid shared information from the U.S. Department of Education regarding steps they are taking to ensure confidentialy, security, and integrity of student and  parent information related to federal student aid programs.  Read the announcement

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