By Hugh T. Ferguson, NASFAA Managing Editor
The Department of Education (ED) will be using the weekend of October 26 to send schools the revised Gainful Employment (GE) and Financial Value Transparency (FVT) Completers List, which needed to be updated due to errors.
According to the department, the revised list will be available by October 28.
The department wrote that the list will be sent to a school’s Student Aid Internet Gateway (SAIG) TG mailbox that is enrolled for NSLDS FVT/GE reporting. An alternative method to access the FVT/GE Completers List is to request the ad hoc report, FVT and GE Completers List Report (GEFVC1), from the NSLDS Reports Tool, which ED outlines in their electronic announcement.
Last month, ED announced that it would further delay the institutional reporting deadline for GE and FVT from October 1, 2024, until January 15, 2025, in order to “ensure that institutions can prioritize critical activities that might still remain for the 2024-25 FAFSA as well as prepare for the release of the 2025-26 FAFSA,” according to the department.
NASFAA has pushed and will continue to advocate for, the department to postpone the reporting deadline until July 2025, which would provide financial aid administrators with greater certainty and relief during the department’s ‘beta launch’ of the 2025-26 FAFSA.
Schools have until January 15, 2025 to review and correct student information on the revised draft FVT/GE Completers List.
Publication Date: 10/28/2024
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