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Attigo® by Ascendium College Cost Meter®. Student debt letters are an easy and effective way to communicate important college financing information. Customized messaging, school branding, no login barrier, and private loan details are just some of the reasons why schools are using College Cost Meter to support informed borrowing. Learn more about Attigo.

The Department of Education (ED) on Friday released a draft of its proposed regulations to provide student loan debt forgiveness for borrowers experiencing financial hardship, which is part of the Biden administration’s larger student debt relief plan done through the negotiated rulemaking process. The official proposed regulations will be published in the Federal Register in the “coming weeks,” which means the fate of the program will likely be in the hands of the next administration.

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.

The Department of Education (ED) announced in a recent court filing that it plans to formally rescind the 2023 Dear Colleague Letter, which contained proposed changes to the definition of a third-party servicer. The department had previously delayed institutional compliance with their guidance until there was an opportunity to rewrite it. According to the legal document ED will officially rescind its proposed definition by November 18, 2024.

In the 2024-25 FAFSA Specifications Guide Volume 7 - Comment Codes, the action needed for Comment Code 283 states: "The parent’s answer indicates that they did not file a U.S. tax return for a reason other than low income. This may indicate that the parent was required to file a U.S. tax return but did not.  View the full answer to this question to learn more.

Join us next month for a NASFAA business affiliate webinar that will delve into critical considerations around consumer protection requirements related to student funding that extend beyond U.S. Department of Education Title IV Federal Student Aid expectations. This session, on November 19 at 1 p.m. ET, will guide you through key aspects of ensuring appropriate approaches to Enrollment Agreements, Institutional Payment Plans, Tuition Discounts, Education-for-Work Agreements, and Debt Collection, ensuring you understand the nuances of each. Reserve your seat today. 

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