FAS News & Updates

Financial Aid Services Annoucements
FAS works hard to bring you the latest regulatory guidance, alerts, and FAS news regarding our services, products and culture. Come back often to see what's new with the FAS Family.
The Growing Trend of Gen Z Choosing Trade Schools Over Universities

The Growing Trend of Gen Z Choosing Trade Schools Over Universities

Gen Z Trade School Shift  In recent years, there has been a noticeable uptick in students choosing trade schools over traditional four-year colleges. This trend is driven by Generation Z, as they break away from societal norms that dictate success is only achievable through attending a university. Instead, they are…

Read more
Upcoming 2024 Conferences

Upcoming 2024 Conferences

Curious about the conferences, conventions, workshops, and events that FAS showcases at and attends? Welcome to the latest update from Financial Aid Services (FAS)! As we look into the dynamic world of higher education events, we're thrilled to unveil our upcoming schedule for 2024.  At FAS, we firmly believe in…

Read more
Upcoming FAS Spring Seminar

Upcoming FAS Spring Seminar

Navigating through a Sea of Change  Join us for our annual FAS Spring Seminar April 11-12, where we'll navigate the choppy waters of the latest Title IV (Federal Student Financial Aid) regulations. Our goal is to equip you with all the tools, resources, and financial aid knowledge needed to thrive…

Read more
NEW A-Z Financial Aid Acronym Page

NEW A-Z Financial Aid Acronym Page

Have you checked out our BRAND-NEW Financial Aid Acronym page? Whether you're a professional or just starting in the field, this comprehensive page covers all the essential acronyms from A through Z.   Check it out HERE: https://financialaidservices.com/a-z-financial-aid-acronyms/   Simply visit our user-friendly page, locate the letter you are interested in, and…

Read more
2024 Dates to Remember

2024 Dates to Remember

We've got you covered for the entire year of Dates to Remember 2024, with a comprehensive list of deadlines categorized by month. This includes both Department of Education (DOE) deadlines and FAS-specific deadlines. Make sure to mark your calendars for key events, such as the annual FAS Annual Spring Seminar…

Read more
FAFSA Mistakes to Avoid

FAFSA Mistakes to Avoid

It is finally time to fill out the 2024-2025 Free Application for Federal Student Aid (FAFSA). Help your students receive the most accurate benefits by following our advice to make the process smoother.  10 Common FAFSA Mistakes:  Not Creating an FSA ID before Completing the Form An FSA ID is…

Read more
FSA Training Conference 2023

FSA Training Conference 2023

Gear up, because tomorrow, the annual Federal Student Aid, otherwise known as the FSA Training Conference, begins! The conference will once again be virtual this year, and signing up is free! This four-day conference is an integral part of financial aid, as the Department of Education hosts this event filled…

Read more
FAFSA Update: What Schools Need to Know About the 2024-25 Application Cycle

FAFSA Update: What Schools Need to Know About the 2024-25 Application Cycle

BREAKING NEWS: The Department of Education (DOE) announced on Wednesday that the 2024-25 FAFSA will go live by December 31, 2023.   By law, the FAFSA must be open for students to submit by January 1st  each year. Normally the opening month is October, but the DOE has been consistently pushing…

Read more
The SAVE Repayment Plan Explained

The SAVE Repayment Plan Explained

October 1st marked the return of student loan payments, prompting a flurry of students in search of their ideal repayment plan. There are about 43.5 million Americans who currently have student debt and are trying to pay off their loans. Recently, as of summer of 2023, a new repayment plan…

Read more
Welcome, Amanda and Allyson!

Welcome, Amanda and Allyson!

Join us in giving a warm welcome to our newest FAS team members – Amanda Cooper and Allyson Casey! We are thrilled to have them as part of our team!  We wanted you to get to know more about our team and their amazing personalities, so we asked them each…

Read more
Upcoming 2023-24 Conferences

Upcoming 2023-24 Conferences

Have you ever wondered about the conferences, workshops, shows, and events that FAS showcases at and attends? Welcome to the latest update from FAS! As we dive into the exciting world of higher education events, we are thrilled to announce our upcoming schedule for the remaining part of the 2023…

Read more
GET READY! Student Loan Interest Accrual and Payments Start

GET READY! Student Loan Interest Accrual and Payments Start

After three years, including a pandemic, student loan interest will begin to accrue, and payments will be due. It's time for schools to remind and guide students toward making their first payments. On September 1st, federal student loans that are no longer in deferment or forbearance began accruing interest. The…

Read more
Pell Grant: Four Changes that will Expand Access!

Pell Grant: Four Changes that will Expand Access!

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…

Read more
INCOMING: FIVE Changes to the FAFSA Form!

INCOMING: FIVE Changes to the FAFSA Form!

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. Today we are diving into some…

Read more
Welcome, Mariano and Matthew!

Welcome, Mariano and Matthew!

  Two new members have recently joined our FAS family and we want to give them a warm welcome! Welcome, Mariano Santangelo! Mariano has joined our FAS Development Team for our software applications! FAS is grateful for Mariano's expertise and ability to hit the ground running! We are thrilled to…

Read more
SAI Versus EFC: Understanding the New Student Aid Index

SAI Versus EFC: Understanding the New Student Aid Index

  Last month we touched upon the FAFSA (Free Application for Federal Student Aid) Simplification Act in our blog “How the FAFSA Simplification Act Paves the Way for Student Success” where we gave high-level insight to what changes the FAFSA Simplification Act is bringing to the world of Financial Aid.…

Read more
FAFSA Simplification Act: Paving Student Success

FAFSA Simplification Act: Paving Student Success

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…

Read more
Welcome Amy, Chris, and Ryanne!

Welcome Amy, Chris, and Ryanne!

Let's extend a friendly greeting to our newest FAS team members - Amy Davy, Chris Nadeau, and Ryanne Darwich! They're already making great contributions to our FAS offices, and we're delighted to have them as part of our family. Our new team members have kindly answered a few questions about…

Read more
Pell Crossover Students

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? There are many different…

Read more
How to guide: The Whova App!

How to guide: The Whova App!

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…

Read more
MFA – What Is It, and Why Do You Need It?

MFA – What Is It, and Why Do You Need It?

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. Why is MFA Important? MFA increases data and application security. Since MFA requires…

Read more
Newest Addition to the FAS Family!

Newest Addition to the FAS Family!

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! Kelly comes packed with 21 years of experience in working for various trade schools and…

Read more
Verification 23/24 Tax Matrix Released!

Verification 23/24 Tax Matrix Released!

The Department of Education (DOE) released the newest IRS Tax Return Matrix for the 2023-2024 FAFSA Award Year. The full publication of this announcement can be found on FSA Partner’s Connect here. What is the Tax Return Matrix? This Tax Matrix can be used to assist schools when verifying tax…

Read more
2023 Dates to Remember

2023 Dates to Remember

We have you covered with a full year of deadlines listed out by month. We've included both DOE deadlines as well as FAS specific deadlines. Mark your calendar's for the annual FAS conference in May, Verification award year deadlines, FISapp deadlines, Constitution Day and more! Don't worry about losing your…

Read more
Our Story

Our Story

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…

Read more
Student Debt and Direct Loan Payment

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. With constant announcements, and varying…

Read more
We’ll Miss You Angelyn

We’ll Miss You Angelyn

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 are sad to see her go, and incredibly lucky to have had her with us for as long as we…

Read more
Client Shout Out! Deluxe Barber College

Client Shout Out! Deluxe Barber College

As part of our Client Appreciation Series, we wanted to give a warm shout out to a client we work so closely with, Deluxe Barber College! We wanted to say a big THANK YOU for being with us over the years! Thank you for being part of our family!

Read more
Fresh Start Initiative Cheat Sheet!

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 federal loans prior to the start of the pandemic (March 13, 2020). You can find an overview of the program…

Read more
Client Shout Out! Hair Expressions

Client Shout Out! Hair Expressions

As part of our Client Appreciation Series, we wanted to give a warm shout out to a long time client of ours, Hair Expressions! They've with us throughout the years, and we wanted to say a big THANK YOU!   Thank you for being part of our family!  

Read more
CONSTITUTION DAY IS (almost) HERE!

CONSTITUTION DAY IS (almost) HERE!

  DID YOU KNOW – You may be required to implement a "Constitution Day” program? Wait... What? That’s right! If you fit the criteria below, then you should have an educational program in place that pertains to the United States Constitution. WHO OR WHAT ARE THESE REQUIREMENTS? Educational Institutions that…

Read more
Federal Loan Repayment: Where You Stand in 2022

Federal Loan Repayment: Where You Stand in 2022

Since the start of the pandemic back in early 2020, Federal Student Loan repayments have been in a constant state of flux. The much-needed emergency measures taken over the last two years have relieved borrowers, but they've also caused much confusion. To help Financial Aid borrowers understand where they are…

Read more
Title IV Aid Eligibility for Students with Defaulted Loans

Title IV Aid Eligibility for Students with Defaulted Loans

“Fresh Start” Initiative Yesterday, ED released a Dear Colleague Letter with details of its Fresh Start Initiative which restores Title IV Aid eligibility to students who defaulted on federal loans prior to the start of the pandemic (March 13, 2020). You can find an overview of the program here. Through…

Read more
Changes to NSLDS Directly Impact Every Day Usage

Changes to NSLDS Directly Impact Every Day Usage

NSLDS Professional Access – Upcoming Launch of Modernized Website and Important Deadlines, Outage, and Training Information On July 25, 2022, the Department of Education released Electronic Announcement: General-22-35 announcing that a modernized National Student Loan Data System (NSLDS) Professional Access website will be available for Federal Student Aid’s (FSA’s) professional…

Read more
FASapp Webinar Available!

FASapp Webinar Available!

The FASapp Webinar is available! Request the webinar through our training sign ups page. (www.financialaidservices.com/training-sign-up) You'll receive a link to access the video with supplementary handouts in the description, these handouts will be linked. The "Show More" button beneath the video will show you those links when clicked. The video…

Read more
Client Shout out!

Client Shout out!

We're starting a new series of client shout outs! Watch a short video below to see who  FAS nominated for our first appreciation video and what the FAS staff had to say! Thank you for being part of our family!

Read more
FASapp Webinar in April!

FASapp Webinar in April!

Get ready for our newest webinar, coming to you in April of this year! We'll be featuring Sue Barber of the Pell and Compliance Departments. She is going to walk you through completing the FASapp - our application for requesting Title IV Funding. Stay tuned!  

Read more
ABHES Conference in New Orleans

ABHES Conference in New Orleans

Come visit us at booth 10! Ronda and David from FAS will be at the ABHES Conference in New Orleans in a few weeks!  This is the 18th annual national conference on Allied Health Education. We'll be there March 9th - 10th at The Roosevelt Hotel. Come say hi to…

Read more
We’re Hiring!

We’re Hiring!

FAS is hiring for some awesome positions! Are you interested in working in a fun, dynamic, and family oriented work place? We have several open opportunities listed on our Careers Page. Check them out now and apply right on our website to join our family! Click Here to View FAS…

Read more
2022 Dates to Remember

2022 Dates to Remember

We have you covered with a full year of deadlines listed out by month. We've included both DOE deadlines as well as FAS specific deadlines. Click the image to open the full document in a new window and print or save it so you'll always know when a deadline is…

Read more
Webinar Sign Ups Begin: Student Portal

Webinar Sign Ups Begin: Student Portal

Change can be hard, but here at FAS we strive to make it easy. That’s why we’re starting the new year with a bang! We’ll be offering a live webinar for our clients to get a good look of our Student Portal within Student File Direct. Our Student Portal was…

Read more
FAS Seminar 2021 Edition (Get the Video)

FAS Seminar 2021 Edition (Get the Video)

This year's FAS Annual Seminar, The Lowdown Hoedown, at the Gaylord Opryland Resort in Nashville, TN, took the cake for one of the most memorable! It could have been because we hadn't seen each other in over a year and just needed to get out. It also could've been because…

Read more
Registration Opens! – FSA Virtual Conference

Registration Opens! – FSA Virtual Conference

The 2021 Virtual FSA Training Conference is officially open for registrants! Every year the Department of Education holds this conference for Financial Aid Professionals. This conference is a great opportunity to see what other Financial Aid professionals like you are asking in the industry. Watch the Secretary of Education, Dr.…

Read more

FAS Announces 2021 Fall Seminar

2020 was a crazy year with an unprecedented pandemic that rendered travel questionable, and lock downs were unavoidable. The pandemic first forced us to reschedule our annual FAS seminar, then we had to cancel our physical meeting all together.  We did have a mini virtual seminar, but that wasn’t the…

Read more
FAS Moves its May 2020 Spring Seminar to March 18-19, 2021 due to COVID-19

FAS Moves its May 2020 Spring Seminar to March 18-19, 2021 due to COVID-19

FAS has made the decision out of an abundance of caution to move up our annual seminar from May 7-8, 2020 to March 18-19, 2021 at the Gaylord Resort in Nashville, TN.  This will allow all attendees who registered/or were planning to register to 'actually attend' without fear of the…

Read more
Sign up for our Student Aid Portal Webinar on 5/16!

24/25 Award Year Begins

2024 Dates to Remember

Download a full year of deadlines to keep on hand

Dates to Remember

June 19, 2024
FAS Offices are closed
June 30, 2024
Last day to submit Student Surveys to FAS
July 1, 2024
24/25 Award Year Begins
July 4, 2024
FAS Offices are closed
July 5, 2024
FAS Offices are closed

Covid-19 Updates

Visit our Covid-19 page for specific Covid regulatory updates.
Let's Talk ×

    Financial Aid Services

    Here to Streamline and Provide Support to your Institution's Financial Aid Department.

    Students and parents, contact your school’s financial aid office or click here to visit the FAFSA site

    Interested In:

    Are you currently using a 3rd Party Servicer?:

    Email Signup: