Reading Time: 4 Minutes – If you’ve been keeping up with the FAFSA Simplification Act, then you might be realizing that this act is implementing A LOT of changes! Since we already covered three fascinating subjects of the Simplification Act these last few months, we want to explore a little more on how the Pell Grant will be expanding access even further (🎉hooray!).
Read More
Read Time: 2 Minutes
Have you been wondering how the FAFSA Simplification Act has changed the look of the FAFSA form for the 2024-25 award year? A few months ago, we wrote about what the Simplification Act is, now we want to dig deeper into the form itself.
Reading Time: 2 Minutes – At FAS, we understand that change can be confusing and navigating through complex regulations can feel like a never-ending maze. That’s why we’re here to simplify things for you! Today, we want to shed some light on the FAFSA Simplification Act—a game-changer in the world of financial aid. We know firsthand how daunting new changes to the financial aid process can be, but fear not! Our expert team is well-versed in decoding the intricate details, and here to help!
Read More
Reading Time: 3 minutes – 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.
Read More
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?
Read More
This Tax Matrix can be used to assist schools when verifying tax data on a student’s ISIR (skip to definitions to learn what an ISIR is). Because the IRS Tax Return Transcript doesn’t have line or item numbers AND uses different terminology than the FAFSA, matching tax data to a student’s ISIR can become confusing quickly. That is where this matrix comes in!
Read More
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.
Read More
Reading Time: 4 min read Particularly for institutions with a smaller budget or staff shortage, it can be hard to keep up with changing federal regulations, myriad verifications, funding demands […]
Read More