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Federal Student Aid shared general information regarding Loan Servicing Information - Reporting Student Loan Interest Payment for 2021 to help the financial aid community better prepare for tax season. Read the announcement
The U.S. Department of Education submits Dear Colleague Letter: GEN-22-02 Use of FAFSA Data to Administer Federal Programs. Click here to read the Dear Colleague Letter
Federal Student Aid has made available Volume 5 - Withdrawals and the Return of Title IV Funds of the 2021-2022 Federal Student Aid Handbook. Click here to read the Electronic 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
Federal Student Aid has publish an electronic announcement informing all schools that participate in the Federal Perkins Loan (Perkins Loan) Program, including schools that are in the liquidation process, must report their Perkins Cash on Hand as of 10/31/2021 on the FISAP by Wednesday, Dec. 15, 2021. Click here to read the electronic announcement
The U.S. Department of Education announces the availability of Volume 2 - Student Eligibility and Operations of the 2021-2022 Federal Student Aid Handbook. Read the announcement
To access the 2021-2022 Federal Student Aid Handbook click here
The Consumer Financial Protection Bureau (CFPB) offers a portal where entities can submit questions regarding CFPB rules (including Regulation F) directly to the Bureau's Office of Regulations.
The resources include:
- Executive summaries
- FAQs
- Fact Sheets
- Compliance Guides
- Webinars
- Coverage Chart
Coalition of Higher Education Assistance Organizations (COHEAO) shared "Spark Note" regarding the assignment of Perkins Loans. Click here to visit the COHEAO "Spark Notes"
The Internal Revenue Service has awarded new contracts to three private-sector collection agencies for collection of overdue tax debts. Click here to read the IRS News Release
National Credit Union Administration (NCUA) has awarded $1.5 million in Community Development Revolving Loan Fund grants to low-income credit unions. To view this article
Federal Student Aid has provided the 2022-23 Free Application for Federal Student AID FAFSA® Form to assist the community. Click here to read the electronic announcement
The Department of Education (the Department) has provided updated guidance on mandatory assignment of Federal Perkins Loans in default for more than two years. Click here to read the electronic announcement
Training Magazine Network Shares: How to Apply Continuous Improvement to Build Relationships at Work
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 How to Apply Continuous Improvement to Build Relationships at Work.
ConServe earned a spot on Training magazine's annual Top 100 (fka: Top 125) seven (7) consecutive years: a listing of organizations with the most successful learning and development programs in the world. Click here to see the 2021 Rankings
National Credit Union Administration (NCUA) publishes letter regarding ithe NCUA Board’s decision to continue the current 18 percent interest rate ceiling for loans made by federal credit unions, based on the authorities established by the Federal Credit Union Act. To view letter No.: 21-FCU-04
ACA International announced the 2021 Award Winners at their annual convention. Congratulations to the 18 members who have made significant contributions to the accounts receivable management (ARM ) industry.
Pam Murphy, ConServe, Vice President of Compliance & Privacy Officer was recognized and received the Fred Kirschner Instruction Achievement Award for completing 75 seminars. The Fred Kirschner Instructor Achievement Award is presented to ACA Certified Instructors who have reached milestones in their volunteer teaching careers with ACA. Named for former ACA Certified Instructor and Past President Fred Kirschner, these awards are given to instructors who have taught 25, 50, 75, 100, 125, 150 or more ACA seminars. Click her to read the announcement
The Consumer Financial Protection Bureau (CFPB) announced in a press release; Reg F will go into effect on November 30, 2021. Click here to read the CFPB press release
ConServe is proud member of Coalition of Higher Education Assistance Organizations (COHEAO) and demonstrate support for this organization's 2021 Scholarship program. In 2021 COHEAO awarded six $1,000 scholarships to students of member instituions. Click here to review the press-release
About COHEAO
For more than 40 years, COHEAO has served as the industry’s premier partnership of colleges, universities and organizations dedicated to promoting the Federal campus-based loan programs and addressing the most pressing issues in student financial services today. Driven by the demand for information and collaboration on the Perkins Loan Program, Student Financial Wellness and Student Financial Services, COHEAO provides opportunities for networking and professional development through its conferences, webinars and task forces, focusing on compliance, legislative and regulatory issues.
By advocating for the preservation and improvement of the campus-based programs, their membership is dedicated to providing greater access to students with need in achieving their goal of a higher education!
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 Putting Organizations Back Together Again.
ConServe earned a spot on Training magazine's annual Top 100 (fka: Top 125) seven (7) consecutive years: a listing of organizations with the most successful learning and development programs in the world.
Click here to see the 2021 Rankings
Federal Student Aid shared that there will be a phased approach to implementation of the FAFSA Simplification Act. The FAFSA Simplification Act represents a significant overhaul of federal student aid, including the Free Application for Federal Student Aid (FAFSA®) form, need analysis, and many policies and procedures for schools that participate in the Title IV programs. Read the announcement
Federal Student Aid shares Fiscal Operations Report for 2020–21 and Application to Participate for 2022–23 (FISAP) has been approved by the Office of Management and Budget (OMB). Read the announcement
Federal Student Aid FSA Partner Connect provides improved experiences for customers in accessing data pertinent to schools and organizations, information contained in the Federal Student Aid (FSA) Handbook, and guidance published and maintained in the Knowledge Center. Click here to read the announcement
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 How to Make a Powerful First Impression. To read Training magazine news and articles
ConServe earned a spot on Training magazine's annual Top 100 (fka: Top 125) seven (7) consecutive years: a listing of organizations with the most successful learning and development programs in the world. Click here to see the 2021 Rankings
Training Magazine Network Shares: Communicating Remotely Without Micromanaging or "Death by Meeting"
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 Communicating Remotely Without Micromanaging or "Death by Meeting". To read Training magazine news and articles
Coalition of Higher Education Assistance Organizations (COHEAO) shared "Spark Note" regarding Information Guide on Assignment of Perkins Student Loans. Click here to visit the COHEAO "Spark Notes"
Federal Student Aid will not require to borrowers to complete the Annual Student Loan Acknowledgement prior to disbursement for the 2021-22 Award year. Click here to read the announcement
Federal Student Aid continues to make improvements on the Next Gen FSA inititaive to update studentaid.gov. To read the electronic announcement
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 7 Employee Motivation Techniques. To read Training magazine news and articles
Federal Student Aid has shared information with institutions of higher education (IHEs) and their third-party servicers about protecting student information as instances of data nad ifnormation beaches continue to rise. Click here to read the electronic announcement
The Consumer Financial Protection Bureau (CFPB) issues and lists all Final Rules and Interim Final Rules related to consumer financial products. Click here to read the final rules
National Credit Union Administration (NCUA) shares webinars and training courses to help credit unions suceed on their Learning Management Service portal. Click here to read the news
