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Your partners at the U.S. Department of Education want to hear from you. In cooperation with the Department of Education, NASFAA is polling members regularly on when your institution plans to send financial aid offers to students and what your disbursement timing may be. Take this short survey by tomorrow, Tuesday, April 30, at midnight PT, to help inform plans for continued improvement with the Better FAFSA rollout. Please note: these questions are the same questions from the survey NASFAA facilitated last week. We ask that you still consider participating in this survey in full, so we can establish trends among member institutions.

Federal Student Aid (FSA) Chief Operating Officer Richard Cordray will formally step down from his role at the end of June, the Department of Education announced on Friday. The announcement came shortly before the expiration of Cordray’s three-year contract, and follows significant criticism of the department’s handling of the 2024-25 FAFSA rollout.

NASFAA is pleased to share its updated Comment Codes Crosswalk, which incorporates the most recent changes made by the Department of Education in April, 2024.

This AskRegs Knowledgebase Q&A was updated based on the April 25, 2024 Electronic Announcement (GENERAL-24-48), NSLDS Professional Access – Aggregate Loan Total Calculation Issue Resolved and Corrected 2023–24 ISIRs Sent During NSLDS Postscreening. Issue: The following was posted to the FSA Tech listserv on April 18, 2024: "NSLDS identified an error with the calculation of Aggregate Loan Totals due to duplicate Capitalized Interest amounts. NSLDS deducts Capitalized Interest from an Aid Recipient’s Outstanding Balance when determining if a student is close-to or exceeding their Aggregate Limits." View the full answer to this question to learn more.

Blue Icon Advisors' upcoming Let's Talk session, on Thursday, May 16, will dive into building a compliance culture at your institution. Check the schedule for additional upcoming topics and be sure to register for this upcoming session.

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