ED Extends GE/FVT Institutional Reporting Deadline to September 30
By Maria Carrasco, NASFAA Staff Reporter
After months of advocacy from NASFAA and other higher education organizations, the Department of Education (ED) on Friday announced that it is extending the institutional reporting deadline for gainful employment (GE) and financial value transparency (FVT) until September 30.
Specifically, ED said via an electronic announcement that it was extending both the deadline for evaluating Completers’ Lists – which had closed on January 15 – and debt reporting, which was set to close on February 18 after ED offered a partial extension. ED clarified that previously submitted Completers Lists will be reverted to draft status in the NSLDS by Monday, February 17.
ED said this new extension to September 30 is meant to give additional time to institutions that were unable to complete their GE/FVT reporting by the February 18 deadline for any reason – including those who had issues submitting their required data to ED — and to institutions that want to make corrections to their previously submitted data, such as enrollment data in Completers Lists.
The department noted that while many institutions have already submitted their GE/FVT reporting, delays in processing from ED could have resulted in errors or omissions that need to be corrected. Furthermore, ED encourages institutions to review any previously submitted GE/FVT data and to correct any inaccuracies.
This announcement comes after months of advocacy from NASFAA and other higher education organizations to extend the deadline to July 2025. Beth Maglione, NASFAA’s interim president and CEO, said in a statement that Friday’s announcement will give financial aid professionals flexibility to focus on counseling students and ensuring they receive their financial aid without delay.
“Extending this year's submission deadline for gainful employment and financial value transparency reporting to September 30, 2025 is a sensible and welcome decision that will give financial aid offices much needed breathing room while they navigate unresolved issues in submitting their data and make necessary corrections to ensure the data they submit is accurate,” Maglione said in a statement.
Additionally, ED noted in the electronic announcement that “a number of technical and operational complexities” still need to be resolved in the GE/FVT reporting process, which ED is working to address. As a result, ED will not produce any GE/FVT metrics prior to September 30, and will “take no enforcement or other punitive actions” against institutions.
With this seven-month extension, the department said it “hopes” that institutions will continue gathering the necessary GE/FVT data between now and September 30. ED said that it anticipates this extension to September 30 will be the final extension for GE/FVT reporting.
Stay tuned to Today’s News for more updates on GE/FVT reporting.
Publication Date: 2/14/2025
Sherri A | 2/19/2025 10:42:41 AM
Do we know how this may affect the deadline to report the next year of data?
Sheree T | 2/18/2025 8:59:50 AM
The next step should be getting rid of these reporting requirements entirely.
Alice B | 2/14/2025 5:39:12 PM
This is great news! However, gathering the data is NOT the problem. It's trying to submit the report! It has failed with the upload and even trying to manually import students one by one!
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