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Funding U. Unlike traditional student lenders who require a cosigner or stellar credit history, Funding U evaluates applicants based on their academic merit and predicted outcomes. Visit our dedicated schools page for more information about our program and to schedule a call with our team.

The Department of Education (ED) on Wednesday unveiled a forthcoming Notice of Proposed Rulemaking (NPRM) for an overhaul of gainful employment, with top department officials calling the regulations the “strongest-ever” safeguard for students. ED also announced a new data collection initiative that would seek to provide more transparency across all sectors of postsecondary education.

The Department of Education (ED) on Wednesday issued a new Dear Colleague Letter (DCL) related to colleges and universities contracting with third-party servicers to administer Title IV aid programs and other services, including recruiting, retention, and providing educational content.

The Office of Federal Student Aid (FSA) has begun notifying students via email of their potential eligibility for Supplemental Nutrition Assistance Program (SNAP) benefits if their expected family contribution (EFC) is $0. According to FSA, students can apply for SNAP benefits by June 9, 2023, under the temporary rules. The temporary rules — which allow students with an EFC of $0 to benefit — will end on June 10, 2023, when regular SNAP rules will resume. FSA said over 7.5 million students will receive the email over the next few days.

We're just six weeks out from the 2023 NASFAA National Conference in San Diego, California! If you've been on the fence about attending, the full schedule of sessions is now available to view. From FAFSA simplification and resuming student loan repayment to preparing for program reviews and transforming financial aid offers, this year's programming has something for everyone. Plus, you won't want to miss presentations and updates from key U.S. Department of Education officials, including Federal Student Aid Chief Operating Officer Richard Cordray, as well as the return of "Ask A Fed." There's still time to join your colleagues next month at the premier training and networking event for financial aid professionals. Register today!

Yes. An institution’s estimates of cost of attendance (COA) components must be data driven. Additionally, the fact that you must assign COAs annually means you must have a methodology and document that methodology on an annual basis. These are implied requirements even if they are not explicitly stated in statute or U.S. Department of Education (ED) guidance. View the full answer to this question to learn more.

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