At the end of 2022, the U.S. Department of Education published a new 90/10 rule which includes many updates! Today we’ll cover what the 90/10 Rule is, and what changes you will need to know about going forward.
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At Financial Aid Services (FAS) and Genesis Software, we are known for our industry expertise with decades worth of experience. But how did our experts first begin their journey in the world of Higher Education and Financial Aid? This month we are hearing from David Nichols, a senior consultant and expert in client solutions. He has dabbled in many areas of FAS!
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Read Time: 5 Minutes 20 Seconds
When scheduling Pell Disbursements, some students, known as crossover students, may have their payment periods span two separate award years (2022-2023 and 2023-2024). Because of this, we’re often asked – which award year does the student start disbursing Pell in?
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Are you ready to attend our May the Fourth Be With You Spring Seminar? Stay up to date on session changes, last calls, raffles, photo booths and more with our new phone app! We will be using an online platform called Whova for our event. You can download the Whova app to access the event!
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Reading Time: 2 minutes
What is MFA? MFA stands for Multi-Factor Authentication; this is a layered approach to securing applications and data by requiring users to verify their identity with a combination of two or more credentials.
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FAS is excited to announce a new addition to our Genesis and Student Eligibility Review teams: Kelly Kinnett!!!! We’ve known Kelly for many years now and are thrilled to have her expertise on our teams!
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Financial Aid Services Inc. was brought to life back in April of 1980. We come from humble beginnings, when Albert Gillis started FAS with just 3 family members as employees over 40 years ago. Now, in 2023, the business has now grown to almost 50 employees that we still call family.
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There have been some new developments since our last blog: “Federal Loan Repayment: Where do you Stand in 2022.” There is no doubt that the Direct Loan Repayment pause, and Student Loan Cancellation can be both confusing and difficult to stay in the know about.
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Today we are highlighting one of our long time employees, Angelyn! Angelyn has been at FAS for 14 years, and is starting her semi-retirement at the beginning of 2023. We […]
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Reading Time: 5 minutes
Today we are breaking down some of our best practices when processing and calculating R2T4’s. But first, what even is a R2T4?
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