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today’s news for Monday, March 30, 2026

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NEWS FROM NASFAA

The Department of Education (ED) announced on Friday new guidance directing borrowers enrolled in the Saving on a Valuable Education (SAVE) plan to choose a new repayment plan; otherwise, in the coming months, they will be automatically enrolled in either the current standard plan or the new tiered standard plan.

NASFAA UPDATES AND ANNOUNCEMENTS

This AskRegs Knowledgebase Q&A was updated on March 26, 2026, to reflect U.S. Department of Education (ED) guidance provided during the 2026 FSA Training Conference. Yes, but there are conditions. For purposes of the Direct Loan Schedule of Reductions (SOR) adjustment for less-than-full-time enrollment, any enrollment status changes within the academic year must be taken into account at the time of each disbursement, in accordance with proposed 34 CFR 685.203(m)(1) in the January 30, 2026, Federal Register Notice of Proposed Rulemaking (NPRM). View the full answer to this question to learn more.

As regulations, technology, and student expectations evolve, institutions face growing pressure to maintain lender lists that are compliant, transparent, and truly helpful to students and families. In this webinar, on April 28 at 2 p.m. ET,  Jeff Bentley and Crystal DeLong from Citizens will walk through current lender list regulations, share best practices for developing and maintaining a compliant process, and highlight effective strategies for presenting loan options clearly on your website. Learn more and reserve your seat today!

U.S. DEPARTMENT OF EDUCATION

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