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In a recent Dear Colleague Letter, Federal Student Aid provided attachments containing the 2019-2020 Award Year Federal Pell Grant Program Payment and Disbursement Schedules. Click here to read the full letter

The Department of Education's financial responsibility standards are intended to ensure that institutions participating in federal financial assistance programs are able to meet their financial obligations and comply with ED rules. Click here to read more. 

Federal Student Aid announced the availability of the revised Federal Perkins Loan (Perkins Loan) Assignment Form. Click here for full details

The new features a mobile-first design that allows users to access and view the agency’s website on a variety of platforms, including smartphones, tablets, laptops and desktops. Read more

In this announcement, we provide specific information to assist a school with reconciling the William D. Ford Federal Direct Loan (Direct Loan) Program. Click here to read more. 

The Senate passed bipartisan legislation that would streamline applications for student aid and enrollment in income-driven loan repayment plans. Click here to read more. 

The Department of Education (the Department) has identified a large number of Perkins Loans reported by schools or third-party servicers on the National Student Loan Data System (NSLDS®) that are in error. Click here to read more

Federal Student Aid announced the availability of a Public Service Loan Forgiveness (PSLF) Help Tool. Read the announcement 

In the announcement, Financial Student Aid reminds schools of the general disbursement reporting, excess cash, and reconciliation requirements for all Title IV programs. Read the announcement 

COHEAO shared breaking news regarding the U.S. Department of Education's plan to delay recalling Federal Perkins Loan Funds.  Click here to vist the COHEAO "Spark Notes"

On November 14, 2018 Charles E. Schumer, United States Senator for New York announced that ConServe will bring 200 new jobs to Monroe and Erie counties.  Senator Schumer said "these well-deserved jobs will be a boost for Western New York Economy.  Read the press release

On October 26, 2018 the Bureau of Consumer Financial Protection (BCFP, fka:  CFPB) issued a public statement that it expects to issue proposed rules in January 2019 regarding Payday Rule Reconsideration and Delay of Compliance Date.  Read the public statement

Federal Student Aid reminder regarding 2019-20 Free Application for Federal Student Aid (FAFSA®), FAFSA on the Web Worksheet, and the Student Aid Eligibility Worksheet for Question 23.  The PDF versions are also available on for submission to Federal Student Aid.  Read the announcement

The Internal Revenue Service (IRS) recently announced changes to tax transcripts and third-party services.  Read the announcement

Federal Student Aid has provided information concerning administrative responsibilities and reporting requirement to all schools that participate in the Federal Perkins Loan (Perkins Loan) Program.  Read the announcement

Federal Student Aid has provided the 2019-20 FAFSA® Form and myStudentAid Mobile App.  Read the announcement

September 18 - October 1, 2018 NACUBO higher education business concerns.  To read these highlights

The U.S. Department of Education (Department) has provided updated Information in Guidance related to Title IV participants affected by Hurricane Florence.  Read the announcement

Federal Student Aid provided links to National Default Rate Briefing for FY 2015 official cohort default rates.  Read the announcement and access attachments

On September 24, 2018 the Department of Education (the Department) distributed the FY 2015 official cohort default rate (CDR) notification packages to all eligible domestics and foreign schools.    Read the announcement

Federal Student Aid published a Notice of Proposed Rulemaking on the Institutional Accountability Regulations, including Defense to Repayment, under Title IV of the Higher Education Act of 1965, as amended. Read the announcement

Federal Student Aid has announced that this summer, students and parents will have two ways to complete the Free Application for Federal Student Aid (FAFSA®) form; a redesigned website and a mobile app. Read the announcement

Federal Student Aid announced per Section 466(a) of the Higher Education Act of 1965, as amended, requires a capital distribution (Distribution of Assets) of the balance of an institution’s Perkins Loan Revolving Fund (Perkins Fund). The Distribution of Assets from the Perkins Loan Revolving Fund process replaces the existing Excess Liquid Capital process as part of the wind-down of the Federal Perkins Loan Program.  Read the announcement

Bureau of Consumer Financial Protection (Bureau),  announced that Brian Johnson, who currently serves as Principal Policy Director at the Bureau, to assume the responsibilities of Acting Deputy Director.  Read the announcement

For important TCPA documentation and updates we invite you to visit ACA International® and insideARM's websites:

ACA International® - TCPA Resource Center
insideARM - Topic Page TCPA Resources

Federal Student Aid has provided data providers (schools and their servicers) Perkins DataPrep Software Version 4.0 and Updated Perkins Data Provider Instructions.  Read the announcement

Federal Student Aid communicated additional information about the total and Permanent Disability Match Process with Department of Veterans Affairs and has defined this years plan.  Read the announcement

Federal Student Aid shared updated Total and Permanent Disability Discharge Loan Holder Notification information.  Read the announcement

National Association of Federally-Insured Credit Unions (NAFCU) has been advocating alongside credit unions to push back on several of the lawsuits filed in recent months under the Americans With Disabilities Act (ADA) over website accessibility.  Read the article 


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