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This week on “Off the Cuff,” Hugh, Jill and Sarah discuss the latest news on Gainful Employment (GE) and Financial Value Transparency (FVT). Sarah kicks things off with a recap of recent updates to the reporting requirements and new announcements concerning draft completers lists and NSLDS reports.
The Department of Education (ED) on Thursday released its long-awaited guidance via an electronic announcement on the sharing and usage of personal information from the FAFSA by institutions, state grant agencies, and contractors, beginning with the 2024-25 cycle.
The Department of Education (ED), in response to feedback and questions asked by institutions, has released a supplemental training resource for the Financial Value Transparency and Gainful Employment (FVT/GE) process. According to ED, this resource offers additional assistance and guidance for complying with the FVT/GE reporting requirements and review of the FVT/GE Completers List via the National Student Loan Data System (NSLDS). The new supplemental training resource should be used alongside the NSLDS FVT/GE User Guide, ED noted. Additionally, ED recommends institutions continue to monitor the Knowledge Center’s FVT/GE information page for the most current guidance and information.
The NASFAA office will be closed on Monday, November 11, in observance of the Veterans Day federal holiday. The NASFAA website and other online services will still be available, but NASFAA's Today's News will not be sent, and technical and membership support will not be available until the office reopens on Tuesday, November 12.
This four-week interactive online course, starting January 6, 2025, will focus on the 2025-26 processing year, and concentrates on the principles of verification, information subject to verification, acceptable documentation, processing data corrections, how to verify applicant files in accordance with Title IV verification requirements, and options for institutional verification. Reserve your seat today.
Please join us in congratulating Wayne Kruger and Carita Evans on their promotions. Congratulations to Claire Rapp and Megan Chan on their new jobs. Also join us in celebrating Tania Savoit, currently the director of financial aid at McNeese State University, who will retire at the end of this year. Celebrate your own career developments by completing the "Movers and Shakers" form to share the news with your colleagues.
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