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The Department of Education (ED) announced on Friday that it would delay the institutional reporting deadline for gainful employment (GE) and financial value transparency (FVT) from July 31 until October 1, 2024.

Federal Student Aid (FSA) acknowledged on Friday that it is aware of reported issues from financial aid offices concerning tax data reported on Institutional Student Information Records (ISIRs) and is investigating those potential errors. Based on initial reports, FSA believes that these potential issues “would not affect the significant majority of all previously submitted applications.”

No. As explained in the September 19, 2023 Federal Register, if family size is transferred using the FUTURE Act Direct Data Exchange (FA-DDX) and was unchanged, it is already considered to be verified. In other words, if family size is transferred using the FA-DDX, and the contributor does not manually enter family size, or if the contributor manually enters the same value for family size, it is already considered to be verified. View the full answer to this question to learn more.

As part of its 2024 National Conference, NASFAA will be facilitating an in-person convening for financial aid administrators (FAAs) and prison education program administrators (PEP administrators). The focus of this convening, from  June 14, 3:30 p.m. through June 16, 1:00 p.m. CT, will be on the creation and delivery of the entire spectrum of student and academic advising services for students who are incarcerated. Learn more, applicants are encouraged to apply as soon as possible but no later than April 15.

Get the recognition you deserve by earning the FAAC^® designation. Schedule your exam soon to take advantage of your knowledge of current Title IV regulations before the Certified Financial Aid Administrator® Knowledge Exam is updated for the 2024-25 award year as of May 1, 2024. If your application has already been approved, purchase the certification knowledge exam and schedule your exam session between now and April 21 when the current testing window closes. If you haven’t applied yet, take advantage of the waived application fee and complete your application online right away. Learn more about the testing process and make sure you meet all of the technical requirements. Utilize candidate resources to review for the exam.

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