"The U.S. Department of Education (ED) has announced a revised deadline for submitting required data under the Financial Value Transparency and Gainful Employment (FVT/GE) rules. The new deadline for institutions to report and review Completers Lists has been extended to Jan. 15, 2025, moving from the previous deadline of Oct. 1, 2024," JD Supra writes.

... "This change follows ongoing Title IV challenges faced by colleges and universities, including delays and issues related to the rollout of the new Free Application for Federal Student Aid (FAFSA). Many institutions and groups like the National Association of Student Financial Aid Administrators expressed concerns that meeting the initial deadline would be difficult amidst these ongoing complications. Additionally, a group of 20 senators recently requested a further extension to July 2025, reflecting widespread concern over the ability to comply with the current timeline."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 9/24/2024