RSS Wizard en 20 Nov 2009 13:30:47 -0500 http://www.nasfaa.org/RSS_TN.html http://blogs.law.harvard.edu/tech/rss Several hundred thousand people erroneously claimed more than $530 million in Hope Credits in 2006 and 2007, according to the Treasury Inspector General for Tax Administration (TIGTA). TIGTA released an audit of whether taxpayers properly claimed education tax credits and whether IRS controls properly identified taxpayers who did not. TIGTA's review looked at taxpayers who claimed the credit in 2006 and 2007 and found that, in 2006, approximately 203,000 taxpayers erroneously claimed a total of over $300 million in Hope Credits. In 2007, over 169,000 taxpayers erroneously claimed a total of over $232 million in Hope Credits. 20 Nov 2009 13:30:47 -0500 http://www.nasfaa.org/rtaxcredits112009 In order to assist you with preparations for the upcoming 2010-11 processing cycle, the Department has provided the attached Microsoft PowerPoint presentation containing screen shots of the 2010-11 FAFSA on the Web site. The presentation does not contain shots of every screen, but it should provide you with a detailed early look at what you can expect to see on the "live" version of FAFSA on the Web for 2010-11. The 2010-11 Web Demonstration site will be available mid-December 2009. The demonstration site can be used as a training tool for your staff and for students and parents. 20 Nov 2009 13:30:47 -0500 http://www.nasfaa.org/eafafsapreview112009 Federal Student Aid announced the availability of the Common Origination and Disbursement (COD) Computer-Based Training (CBT).  The COD CBT includes enhancements that have been made to the COD System, the COD Web site, and associated Web sites and software products through June 27, 2009. 20 Nov 2009 13:30:47 -0500 http://www.nasfaa.org/eacodtraining112009 Federal Student Aid has posted the 2010-11 Common Origination and Disbursement (COD) Technical Reference. The 2010-11 COD Technical Reference contains development information for the 2010-11 Award Year. 20 Nov 2009 13:30:47 -0500 http://www.nasfaa.org/eacodnovfinal112009 Federal Student Aid has posted the updated 2009-10 Common Origination and Disbursement (COD) Technical Reference. The 2009-10 COD Technical Reference contains development information for the 2009-10 Award Year 20 Nov 2009 13:30:47 -0500 http://www.nasfaa.org/eacodnovupdate112009 Federal Student Aid has posted the updated 2010-11 Electronic Data Exchange (EDE) Technical Reference. The EDE Technical Reference provides programmer specifications, record layouts, and other detailed information for schools or other organizations that need to design software systems to interface with the Department's application processing system. The November 2009 update includes revisions to the Record Layouts section to add "blank" as a valid value for the new IRS Request Flags (ISIR field numbers 173 and 174). FSA also added the Appendix section. 20 Nov 2009 13:30:47 -0500 http://www.nasfaa.org/eaedetech112009 The Federal Consolidation Loan Application and Promissory Note allow a borrower to apply for a Federal Consolidation Loan and promise to repay the loan. Related documents included as part of this collection are (1) Additional Loan Listing Sheet; (2) Request to Add Loans; and (3) Loan Verification Certificate. Interested persons are invited to submit comments on or before Jan. 19, 2010. 20 Nov 2009 13:30:47 -0500 http://www.nasfaa.org/frconapp112009 "A new cartoon short that is making the rounds of middle-school students via social networking asserts that anyone who amasses student-loan debts (i.e. anyone who attends anything other than a community college) is doomed to wander the earth as a zombie," The Chronicle of Higher Education reports. "The cartoon was created by two Chicago-area institutions -- Elgin Community College and Harper College -- in collaboration with the e-mail provider Abeedle.com." 20 Nov 2009 13:30:47 -0500 http://www.nasfaa.org/awundead112009 "State officials Thursday announced a $20 million settlement in the state's lawsuit against the manager of the Oregon College Savings Plan," Statesman Journal reports. "Under the settlement, approved by the Oregon 529 College Savings Board, the $20 million will be divided among roughly 45,000 college savers who suffered losses when the OppenheimerFunds Core Bond Fund tanked in 2008." 20 Nov 2009 13:30:47 -0500 http://www.nasfaa.org/aworsavings112009 "With just weeks before the end of the fall semester many college students are unsure if Promise Scholarship money will be available for next term or how they might replace the funding," The Detroit News reports. "Some schools will use one-time federal stimulus cash or general fund money to cover the loss for one term, but after that, if the Legislature doesn't act, students are on their own." 20 Nov 2009 13:30:47 -0500 http://www.nasfaa.org/awmistung112009