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Pell Grant: Four Changes that will Expand Access!

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!).

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SAI Versus EFC: Understanding the New Student Aid Index

Spoiler Alert! That EFC is going away! The FAFSA Simplification act is replacing EFC with what is now known as “SAI” or Student Aid Index. Today we’ll be breaking down the difference between that old EFC, and the new SAI explaining what it even is, how it’s different, and why it matters.

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How the 90/10 Rule is Reshaping Higher Education

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.

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Pell Crossover Students

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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Student Debt and Direct Loan Payment

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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Fresh Start Initiative Cheat Sheet!

What is the Fresh Start Initiative? ED released a Dear Colleague Letter with details of its Fresh Start Initiative which restores Title IV Aid eligibility to students who defaulted on […]

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Why Is Verification So Important?

Read Time: 6 min read
If you are new to Financial Aid or a student who was just notified by their school that they were selected for Verification, you might be asking yourself WHAT is this? To put Verification in layman’s terms, it is the process of reviewing the information a student provided on their FAFSA.

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CONSTITUTION DAY IS (almost) HERE!

DID YOU KNOW – You may be required to implement a “Constitution Day” program? If Constitution Day falls on a Saturday, like it has in the past, the U.S. Department of Education recommends that educational institutions should observe the following week instead. Listed on the Department of Education’s website are many additional resources you can find about Constitution Day. There are also free lesson plans, online activities, and ideas for how your institution can participate!

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